Market News

German consumer confidence grows significantly
Date: 2012-02-28 12:20:09

The March indicator of the German consumer confidence index increased to its highest level of the year to 6.0 points – told the GfK market research institute on Tuesday. Analysts...

E-commerce opportunities are seeked with model cities in China
Date: 2012-02-28 12:15:24

E-commerce opportunities, risks, and the limits the application are seeked with model cities in China. Twenty-one settlements were selected for modern information technology experimental application of e-commerce model cities. In...

Magazine: Women apply makeup even during recession time
Date: 2012-02-27 16:54:15

Decorative cosmetics is characterised by a complex portfolio, with lots of products per brand – we learned from Viktória Etter, public relations coordinator with Coty Hungary Kft. Coty’s portfolio is...

It is not sure that the E-mark gives enough information
Date: 2012-02-27 13:30:49

The food manufacturers often indicate the components’ chemical names on the packaging of their products, so the average consumers can not decide whether a product contains harmful materials or not...

“Alföldi kamillavirágzat” Wild Camomile Flower granted EU Protection
Date: 2012-02-27 13:24:16

he European Commission has registered the name “Alföldi kamillavirágzat”, and given it “protected designation of origin” (PDO) status. The Commission registry currently includes more than 1000 officially protected denominations. One...

KSH: declining domestic freight, stagnant passenger traffic
Date: 2012-02-27 13:15:31

The volume of domestic freight, decreased by 11 percent its performance by 6 percent last year, which was offset by the 5 percent growth of international freight and its 3...

The companies’ turnover in the Western Transdanubia on pre-crisis level
Date: 2012-02-27 12:30:27

The turnover of firms operating in the Western Transdanubian region have increased to pre-crisis levels on the basis of last year’s VAT – said Varga Lászlóné, Regional Director General of...

GKI-Erste economic sentiment index rose to its last autumn level
Date: 2012-02-27 09:13:46

In February, the GKI-Erste economic sentiment index adjusted for seasonal effects rose to its last autumn level following a continuous decline of almost one year. According to the empirical survey...

Stabilized retail turnover
Date: 2012-02-24 13:20:54

According to the National Trade Association (OKSZ); despite the difficulties, retail trade improved in 2011. The National Economy Ministry (NGM) believes that it is beneficial that after four years of...

Loss occurred at the banks for the end of the year
Date: 2012-02-24 13:00:01

Due to the end repayments and deteriorating loan portfolio the banks closed the last quarter with a 150 billion HUF loss. After thirteen years the Hungarian banking system made loss...

Magazine: Sales of all non-alcoholic beverages elevated
Date: 2012-02-24 12:49:52

In December 2010-September 2011 retail’s revenue from selling carbonated soft drinks, mineral water, fruit juice and ice tea amounted to nearly HUF 130 billion. Sales were up 3 percent from...

The Kremlin Award vodka will be the star of Russian state events
Date: 2012-02-24 12:02:28

The premium category vodka was presented at the food fair in Moscow recently. The Vodka’s specialty lies not in its taste or aroma its status is the most interesting. The...

EU pig prices remain high during 2011
Date: 2012-02-23 17:01:37

European finished pig prices remained at a high level through the second half of 2011. Normally, prices fall during the autumn before recovering slightly in the run up to Christmas....

Magazine: Only the hair dye market was able to grow
Date: 2012-02-23 13:57:59

Hair care product sales are highly concentrated as drugstores and hypermarkets realise the majority of sales. According to the Nielsen Retail Index, manufacturer brands are in a rather favourable position:...

GfK: Worsening economic forecasts cause uncertainty among European consumers
Date: 2012-02-23 13:04:08

New rescue packages, uncertainty about further developments in Greece, Italy and France and the prospects of poorer economic development in 2012 are all heightening the anxiety of European consumers. This...

Economic forecast: GDP will stagnate in the EU a slight fall will occur in the euro area this year
Date: 2012-02-23 12:30:40

The real value of the GDP in the EU 27 will stagnate this year, in the Euro Area containing 17 EU Member States a 0.3 percent drop is expected –...

Not the school canteens are responsible for the obesity of school students
Date: 2012-02-23 12:18:47

Authorities are trying to banish soft drinks and hamburgers, containing to much sugar, salt and fat from the American educational institutions, because they believed that school students become fat, because...

Ministry of National Economy: the ECE has not called for exemption under the mall stop
Date: 2012-02-23 12:15:05

The ECE that is planning to build a 140 thousand square meters mall in Óbuda, has not yet applied for exemption from the plaza stop – said the Ministry of...

A mall is under construction in Óbuda
Date: 2012-02-23 12:14:17

A shopping center can be built between the Szentendrei Road and the Filatori Dam train stop. Roads an utilities will be renewedstored, and the proportion of green areas will be...

The majority of companies in the meat industry has not implemented the wage compensation
Date: 2012-02-23 12:12:39

The expected wage increases, wage compensation has not implemented by most of the meat industrial companies, or could not perform in the areas of trade unions – told the Meat...

Anuga FoodTec: Future packaging will be expected to fulfil rigorous requirements
Date: 2012-02-23 10:35:38

At present, food packaging tends to get judged in terms of three criteria: the environment, marketing and functionality. Packaging and packaging technology have been around for over 100 years now....

Nielsen: Consumers find advertising on tablets more acceptable
Date: 2012-02-23 10:29:56

Consumers find advertising on tablets more acceptable, more memorable and more enticing than advertising on smartphones, according to the latest UK Connected Devices report from information and measurement firm Nielsen....

Domestic industrial orders did not develop well in December
Date: 2012-02-22 14:40:05

While in the European Union and in the euro area new industrial orders increased in December, in Hungary they decreased in the greatest extent –told Eurostat. The new industrial orders...

Poultry-products are getting more and more expensive
Date: 2012-02-22 14:07:21

In a couple of weeks, poultry prices will see a significant change in prices. According to pre-calculations of the Poultry Product Council (BTT), chicken and turkey may get 40-50 HUF...

The European Commission proposes to freeze 495 million euros worth cohesion fundings
Date: 2012-02-22 14:00:13

The Commission proposes to suspend the disbursement of 495 million euros (142 billion HUF) worth cohesion fundings to Hungary from next January, because Hungary has failed to fulfill obligations of...

NGM: The number of employees in the private sector increased by 25 thousand in 2011
Date: 2012-02-22 13:42:55

In the January-December period, the number of employees increased significantly in the private sector by 25 thousand at companies that have at least five employees, while at the financial institutions...

Textiles are the hit products of illegal trade
Date: 2012-02-22 13:00:08

Despite the highest rate of VAT in the EU, according to the experiences to the tax authority, the market of cigarettes and fuel are getting cleared, but hackery increased with...

Slovakia is the least self-sufficient country within the EU
Date: 2012-02-22 12:40:26

Slovakia imports too much food and the country should follow a path of greater self-sufficiency, it is the country with the lowest rate of self-sufficiency within the entire European Union...

The position of the Government of Hungary on the proposal adopted by the European Commission today
Date: 2012-02-22 10:52:41

The European Commission today issued a proposal to suspend in part the commitments from the Cohesion Fund for Hungary in 2013. Our government regards it as an unfounded and unfair...

Analysts: wage growth is expected this year
Date: 2012-02-21 12:40:41

Gross wages increased better than expected in last December and this year due to the minimum wage increase and the recommended salary increases strong gross wages growth is expected, this...

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Market News

German consumer confidence grows significantly Date: 2012-02-28 12:20:09

E-commerce opportunities are seeked with model cities in China Date: 2012-02-28 12:15:24

Magazine: Women apply makeup even during recession time Date: 2012-02-27 16:54:15

It is not sure that the E-mark gives enough information Date: 2012-02-27 13:30:49

“Alföldi kamillavirágzat” Wild Camomile Flower granted EU Protection Date: 2012-02-27 13:24:16

KSH: declining domestic freight, stagnant passenger traffic Date: 2012-02-27 13:15:31

The companies’ turnover in the Western Transdanubia on pre-crisis level Date: 2012-02-27 12:30:27

GKI-Erste economic sentiment index rose to its last autumn level Date: 2012-02-27 09:13:46

Stabilized retail turnover Date: 2012-02-24 13:20:54

Loss occurred at the banks for the end of the year Date: 2012-02-24 13:00:01

Magazine: Sales of all non-alcoholic beverages elevated Date: 2012-02-24 12:49:52

The Kremlin Award vodka will be the star of Russian state events Date: 2012-02-24 12:02:28

EU pig prices remain high during 2011 Date: 2012-02-23 17:01:37

Magazine: Only the hair dye market was able to grow Date: 2012-02-23 13:57:59

GfK: Worsening economic forecasts cause uncertainty among European consumers Date: 2012-02-23 13:04:08

Economic forecast: GDP will stagnate in the EU a slight fall will occur in the euro area this year Date: 2012-02-23 12:30:40

Not the school canteens are responsible for the obesity of school students Date: 2012-02-23 12:18:47

Ministry of National Economy: the ECE has not called for exemption under the mall stop Date: 2012-02-23 12:15:05

A mall is under construction in Óbuda Date: 2012-02-23 12:14:17

The majority of companies in the meat industry has not implemented the wage compensation Date: 2012-02-23 12:12:39

Anuga FoodTec: Future packaging will be expected to fulfil rigorous requirements Date: 2012-02-23 10:35:38

Nielsen: Consumers find advertising on tablets more acceptable Date: 2012-02-23 10:29:56

Domestic industrial orders did not develop well in December Date: 2012-02-22 14:40:05

Poultry-products are getting more and more expensive Date: 2012-02-22 14:07:21

The European Commission proposes to freeze 495 million euros worth cohesion fundings Date: 2012-02-22 14:00:13

NGM: The number of employees in the private sector increased by 25 thousand in 2011 Date: 2012-02-22 13:42:55

Textiles are the hit products of illegal trade Date: 2012-02-22 13:00:08

Slovakia is the least self-sufficient country within the EU Date: 2012-02-22 12:40:26

The position of the Government of Hungary on the proposal adopted by the European Commission today Date: 2012-02-22 10:52:41

Analysts: wage growth is expected this year Date: 2012-02-21 12:40:41

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