Market News
My company is on the Internet
Date: 2011-03-08 20:47:39
Ipsos conducted a survey for Google Hungary, which revealed that less than half of Hungarian micro- and small businesses have their own websites. This finding made Budapest Bank, Google Hungary...
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Obligatory dynamism
Date: 2011-03-08 20:35:19
Economic upturn is going at full speed in Germany, the rate of unemployment has not been this low for years (some say it has never been). What I saw from...
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Enchanted by brand loyalty
Date: 2011-03-08 20:34:42
A study published for the 15th time, the annual Brand Keys Customer Loyalty Index (CLEI) concluded that these days really successful brands have one thing in common: they enchant customers...
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Barbie and Ken are back together
Date: 2011-03-08 20:33:20
After seven years of separation Barbie and Ken give their romance another chance (the couple even united their Facebook profiles!), informed Mattel in a communiqué, in which they also introduced...
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Coke’s real recipe is not a secret anymore?
Date: 2011-03-08 20:31:43
The Coca-Cola code has been cracked! At least this is what Ira Glass, the host of US radio show ‘This American Life’ claims: he stumbled across the recipe in an...
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The world’s biggest companies joined forces (part 1)
Date: 2011-03-08 20:21:44
The Consumer Goods Forum (CGF) unites 400 leading experts, international organisations and initiatives from 70 countries, representing a turnover of EUR 2.1 trillion. It has been up and running since...
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Retail was still in a bad patch last year
Date: 2011-03-08 20:16:36
Volume sales in retail diminished by 0.3 percent last November, in comparison with November 2009. Volume sales in the first eleven months of 2010 fell by 2.5 percent – reports...
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The draft of the Hungarian product regulation released for public consultation
Date: 2011-03-08 12:55:59
The public debate on the draft of Hungarian product regulation has started – notified the Ministry of Rural Development (VM). The Ministry will send the draft to the European Union...
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The resurrection of the Hungarian packaging industry
Date: 2011-03-08 12:51:53
Hungarian packaging industry increased by 16.7 percent last year, achieveing growth compared to 2008, after the 12.2 percent decline of 2009 – states the National Association of Packaging and Material...
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Industrial production expanded again after the decline of December
Date: 2011-03-08 12:51:44
According to the seasonally and working day-adjusted preliminary datas; after the 11.8 percent decline of December, industrial production grew by 15.5 percent on a monthly base. The adjusted data shows...
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Ivory Coast nationalizes the cocoa and coffee trade
Date: 2011-03-08 12:41:37
The world price of cocoa rose on Tuesday near its 32 years peak, after cocoa trade was nationalized in Ivory Coast, which is the biggest producer of the world. The...
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Consumer protection: e-commerce in focus
Date: 2011-03-08 12:41:31
The consumer protection authority has begun testing the electronic commerce. The tests last from mid-March all over the country – told Sasvári Zoltán, Director of the Consumer Protection Authority in...
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The clothes make the man
Date: 2011-03-08 10:43:38
At many companies, especially at multinational ones, the code of ethics regulates how employees should dress. Generally speaking we can say that a workplace is not the place where one...
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FAO: price rises and price volatility will characterize the food market
Date: 2011-03-07 16:43:32
Climate change, the use of biofuels and the spread of protectionism may further increase the food prices and may jeopardize the security of supply – warns the analysis of theUN...
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300 billion HUF goes to private label food products
Date: 2011-03-07 14:23:18
With domestic and international chains gaining more and more place, the popularity of private label products keeps growing, too. When it comes to food, last year we were talking about...
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Why sugar is getting more expensive?
Date: 2011-03-07 14:21:24
What could be the reason, that sugar has became a scarce in Hungary and in Europe? How is it possible that Hungary, which had seven sugar factories a few years...
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Turkey production decreases for years
Date: 2011-03-07 14:00:37
The players of the turkey sector expect an about 10 percent decrease, due to the continous rise in prices of feed and energy – said Csorbai Attila, director of the...
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Women earn 25 percent less than men
Date: 2011-03-07 13:45:45
An average woman earns 25 percent less than an average man. According to the fizetések.hu wage survey of the Workania job site; the gross average income of men is 256...
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The Slovakian dairy industry is on the way of atrophy
Date: 2011-03-07 13:24:37
The Slovakian dairy industry was forced out of the domestic markets. 60 percent of the Slovakian milk 65 percent of the butter, and more than 85 percent of the cheese...
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The National Council of Wine Communities rejects the system of wine tickets
Date: 2011-03-07 13:23:09
The National Council of Wine Communities (HNT) does not support the reintroduction of the system of wine tickets and refuses to support any proposals that would increase the administrative burdens...
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Additional loans by the Ministry of Rural Development to support farmers
Date: 2011-03-04 17:35:09
According to plans made by the Ministry of Rural Development , the deplorable situation of farmers struggling to raise capital position, can be remedied by allowing the recruitment-loans – György...
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In 2010, exports exceeded imports by 1,517 billion HUF
Date: 2011-03-04 13:27:45
Last year, Hungary's foreign trade turnover increased significantly. The value of exports was much higher than the value imports. Hungary’s trade balance shows an asset of more than 1500 billion...
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Meat prices may increase without govermnental help
Date: 2011-03-04 12:46:21
The govermnental help would cost at least 20-30 billion HUF to the government, which the representatives of the pig and poultry sector are asking for. The sector was also affected...
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The Poultry Product Council calls for VAT reduction
Date: 2011-03-04 12:36:14
According to the Poultry Product Council (BTT), the drastic feed price increase threatens the market participants of the sector. The organization believes, that without government measures the poultry sector will...
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Why sugar is getting more expensive?
Date: 2011-03-04 12:26:44
What could be the reason, that sugar has became a scarce in Hungary and in Europe? How is it possible that Hungary, which had seven sugar factories a few years...
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The legislation to ensure the safety of consumers has started
Date: 2011-03-04 12:21:08
The legislation over the conditions of food catering products and the Regulation over conditions of the collectable fungis in the nature. Also the Hungaricum Law amendment will also be refined....
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Europe will run out of sugar until autumn
Date: 2011-03-03 13:23:25
The European Union allowed the extra import of half a million tonnes of sugar from the developing countries, above the usual quota. In addition duty-free import quotas were determined for...
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The lack of resources is the biggest problem of the pig breeders
Date: 2011-03-03 13:18:19
In these difficult months, the lack of resources hardens the situation of the pig breeders. Because of the lack of funds, the animal breeders cannot buy feeds on high prices...
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Euro zone: growing economy and buoyant retail
Date: 2011-03-03 13:00:08
According to Eurostat; the GDP of the Euro-zone grew by 0.3 percent, while in the area of the 27 Member States increased by 0.2 percent in the fourth quarter of...
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The number of liquidations increased in February
Date: 2011-03-03 13:00:02
Although in the past two months, the companies showed a more favorable image than before, Opten company information service provider published the sobering datas of the processes of February. The...
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