Market News

210 million online buyers in China

More and more people buy on the Internet in China. The East Asian country will become the world's largest e-retailer, and in the middle of the decade it may become...

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Abuse at the psychiatry

Should you, or anybody you know suffer any kind of abuse throughout a psychiatric treatment, or if you happen to hear of any kind of wrong treatment, please let us...

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GKI: Decreasing consumption and investments

Following the 1.5 per cent decline in 2012 the Hungarian economy will only stagnate in 2013, which will be the second weakest result in the region after Slovenia. As a...

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OKSZ: in spite of spending more, we buy less gifts due to the inflation

The National Trade Association (OKSZ) expects higher Christmas retail spending than last year, while the volume of the purchased goods may be less. The reason is this year’s high inflation....

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Wine has become the most important export product within the Hungarian agriculture and food sector

China became Hungary’s third largest wine export market outside the European Union. Hungarian wines were sold in China in 2011 in a value of almost 1.9 million euros, and the...

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The Pólus Center renewed from more than one billion HUF

The largest owner, the CBRE Global Investors renewed the 1996 built Pólus Center from more than one billion HUF – Gijs Klomp said, the company's director of acquisitions announced at...

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Czerván: there will not be significant food price increase

In recent months, food prices increased in Hungary by an average of about 6 percent. It is no need to fear from price increases, although the government keeps the issue...

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Secure online shopping for Christmas

According to the recent survey of the G Data Antivirus manufacturer up to 2.5 million Hungarians can buy via the Internet for Christmas this year, including more than half a...

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Superbrands Gala: a gallery

The fifth edition of the Superbrands Hungary Programme came to an end with the Superbrands Gala. The ceremony created with the purpose of rewarding exceptional brands’ performances within the Superbrands...

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Self-restriction in food advertising for children: also confirmed in Hungary

Eight major companies in Hungary created the platform of companies that will comply to the voluntary self-restriction of the EU pledge in the presence of Szalai Annamária, President of the...

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A model project will be started to increase fish consumption in Hungary

President of Békés County Council Zoltán Farkas and State Secretary for Rural Development Zsolt V. Németh signed a cooperation agreement on Thursday in Békéscsaba regarding the development of a model...

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NFC capability conquers on the mobile market

The Magyar Telekom, Telenor and  Vodafone mobile service providers have selected the devices that are recommended to the Mobile Wallet Service. The world's top ten mobile phone manufacturers, placed their...

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An interview with André Mohr, from Akciokatalogus.hu

Akciokatalogus.hu collects the catalogues of various merchants in one place, and offers them based on location. Each necessary information is listed: maps, open hours, coupons, special offers etc. Besides, users...

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The vast majority of customers believe that consumer rights are stonger in shopping centers than in small shops

Seventy percent of the consumers believe that consumer rights are stonger in shopping centers than in small individual shops – shows the research of  Nielsen and the CP Contact Fogyasztóvédelmi...

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One-fifth less pálinka

This year, about 20 percent less home-made ​​pálinka will be brewed, because less fruit has grown due to the summer drought and spring frosts – said Mihályi László, General Secretary...

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Large decrease in the euro zone’s retail sales

The largest decrease of the past six months occurred in the retail sales of the euro zone in  October. The volume declined by an average 1.2 percent compared to September...

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The government complies on meat firms with the local governments

The government reviewed the issues on Gyulai Húskombinát and the meat plant of Kapuvár and Pápa in the scope of its Wednesday meeting and initates consultation for next Monday with...

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Hungary’s first shopping mall library opens in Eger

The first shopping mall library of Hungary opens in Eger, at the Agria Park Shopping Center on Friday. It will be the branch library of the Bródy Sándor County Public...

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Cafés and shops may open in the soon moving FBI headquarters

The FBI headquarters in Washington will move from the heart of the city in a few years – The Washington Post wrote. “The FBI cannot afford to continue the status...

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Even more dynamism at the 25th LUXE PACK Monaco trade fair

Between 24 and 26 October the Grimaldi Forum in Monte Carlo was the home of this year’s forum for luxury packaging. LUXE PACK is held in Monaco, New York and...

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GfK: the amount spent on Christmas sweets remains on last year's level

Last year 10.2 billion HUF, the year before almost 10.5 billion HUF was paid to Christmas sweets by domestic consumers. This year it is expected that the level of spending...

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People save for Christmas at the markets – The decrease of demand leads to oversupply on the egg market

A few weeks before Christmas, less than usual is spent on markets, compared to the recent years. The approach of Christmas has shaken up the egg market. But this year...

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Hungary is on the podium in terms of Mineral Water in Europe

In Hungary, 159 certified mineral water brands can be found. More mineral water brands in Europe can be found only in Germany and in Italy – Pet-Pack Ipari és Kereskedelmi...

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Hungary lags behind the EU average in the collection of beverage cartons

Although there is a growing range of those in Hungary who collect beverage cartons separately, the volume is still below the average of EU member states – shows the survey...

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Budai Gyula: GMO-free Hungary is a competitive advantage

GMO-free is competitive advantage for Hungary, and for the Hungarian agriculture – Budai Gyula  said on Tuesday in Eger. Budai Gyula pointed out that agriculture is a strategic sector in...

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Canned fish: swimming upstream

Although fish consumption in Hungary is still way below the European average, the slow conquest of health trends had a favourable effect on fish and canned fish sales in the...

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KPMG: the importance of consumer taxes increases worldwide

The governments around the world are planning to collect more revenues from VAT, after the corporate tax rates are decreasing together with the profits of the companies and the corporate...

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Analysts: trade surplus remains high next year

No significant recovery is expected in internal demand next year, so trade surplus may remain high in 2013 – analysts told MTI. Calculating in euros exports declined by 4.2, while...

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The denomination of certain milk products will be clarified in the Hungarian Food Codex

The denomination of certain milk products would be clarified in the Hungarian Food Codex. The ministerial decree on this draft was published on Thursday in the government news portal. Under...

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Illegally distributed cooking oil and granulated sugar was found by Nébih

More than 250 thousand liters of imported and illegally sold cooking oil and more than 70 thousand kilograms of granulated sugar was found in two Székesfehérvár warehouse – the National...

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