Market News
PwC: Hungary is still an attractive investment location
Date: 2012-03-29 13:30:21
According to the PwC advisory group, Hungary is still an attractive destination for those who are wishing to invest. Supports and subsidies are important to the investors, because these are...
Read more
KSH: 51 thousand more people are working than a year ago
Date: 2012-03-29 13:20:35
The number of employees in December 2011 – February 2012 was 3 million 794 thousand, 51 thousand more than a year ago – the Central Statistical Office told MTI on...
Read more
Magazine: Only real-chocolate Easter figure sales grew
Date: 2012-03-29 13:15:15
Despite the economic environment and consumers cutting down on their spending, Easter sweets did surprisingly well last year. Andrea Szabó, Nestlé Hungária Kft.’s junior brand manager (seasonal confectionery) told Trade...
Read more
Consumer-friendly enterprise application was announced
Date: 2012-03-29 12:50:04
The National Consumer Protection Authority (NFH), in order to promote attitude in compliance with the law, announced a consumer-friendly enterprise application for small and medium enterprises of trade and catering....
Read more
Kiwi instead of high blood pressure tablets
Date: 2012-03-29 09:22:22
Norwegian researchers have demonstrated that the kiwi has an impressive antihypertensive effect. Its regular consumption decreases blood pressure to its normal values – can be read in the study of...
Read more
Some Chinese tea species are more expensive than gold
Date: 2012-03-29 09:20:17
As the spring season approaches, the price of some Chinese tea species increased into heights never seen before. The highest quality, rare tea spiecialties are considered as luxury presents today,...
Read more
Detailed forecast of GKI Economic Research Co. for 2012
Date: 2012-03-28 15:57:31
The Hungarian economy has been the weakest for years in the region, and it fell short of its own capabilities. Now this is accompanied by a credibility crisis (perceived in...
Read more
GDP will decline by 1.5 percent this year, next year it will increase with the same percentage
Date: 2012-03-28 12:30:22
According to the GKI Economic Research Zrt., this year, the gross domestic product (GDP) will decline by 1.5 percent. GKI believes that in 2013 it will increase by the same...
Read more
Magazine: Most Hungarians are convinced that organic food products are healthier
Date: 2012-03-28 12:15:49
84 out of 100 Hungarian consumers think that organic products are healthier, 70 reckon that by eating organic food they do not consume pesticide residue and other poisons – revealed...
Read more
Serbian-Hungarian agricultural trade is expanding vigorously
Date: 2012-03-28 12:00:35
Hungarian agricultural exports to Serbia increased by 38 percent in 2011, compared to the previous year and exceeded 50 million euros. Imports from Hungary’s southern neighbour increased by 50 percent...
Read more
VinCE Budapest 2012: Huge success for Hungary
Date: 2012-03-28 11:11:59
VinCE Budapest 2012 promised to be a great wine event for professionals and amateur wine lovers alike. The primary focus of VinCE is wine (vin) in Central Europe (CE). Over...
Read more
New evidence on effects of green coffee beans in weight loss
Date: 2012-03-28 08:57:51
According to U.S. researchers, extract from green, unroasted coffee beans may help in weight reduction. Joe Vinson and his colleagues will describe their results at the San Diego conference of...
Read more
China imports more and more wine
Date: 2012-03-28 08:57:37
Paralell to the growth of wages and incomes, the consumption of wine and the consumption of imported wines are also growing in China. Most of the wines (117.9 million liters)...
Read more
GfK: Customers are looking for cheaper products
Date: 2012-03-27 12:50:13
Last year, retail sales rose by 1.9 percent to 2,789 billion HUF as the result of a 5.4 percent price increase, a 0.4 percent decrease in volume and a 3.1...
Read more
What's on our Easter-table?
Date: 2012-03-27 12:35:01
Hungarian housewives get to choose from a wide range of seasonal Easter smoked items at the shops. The experts of SGS Hungária Ltd. offer help to find our way within...
Read more
The development of food industry is a national strategic issue
Date: 2012-03-27 12:33:40
The development of food industry is a national strategic issue – voiced Bognár Lajos, Deputy-Secretary of State of the Ministry of Rural Development (VM) responsible for food chain surveillance and...
Read more
Hungarian fruit and vegetable producer groups can receive 1.4 billion HUF this year
Date: 2012-03-27 12:30:33
The Ministry of Rural Development (VM) earmarked 1.4 billion HUF for the fruit and vegetable producer groups in the Darányi Ignác-plan this year. The support can be claimed for the...
Read more
The criterias of food marketing will be more stringent
Date: 2012-03-27 12:25:58
The criterias of food marketing will be more stringent and the fines will significantly increase, due to the amendment of the food safety law approved by the National Assembly on...
Read more
German consumer sentiment worsened
Date: 2012-03-27 12:04:49
Some deterioration occurred in the German consumer sentiment indicator in April, after it was steadily improving in the previous six months, – the GfK market researcher announced on Tuesday. The...
Read more
Batch of blessed Pilsner Urquell beer heading to Vatican
Date: 2012-03-27 12:03:13
The Pilsner brewed pilsner beer specifically for the Vatican for the Easter holidays and set sail on Monday afternoon from the West Bohemian Pilsen to Rome. With the Easter celebrations...
Read more
Magazine: A significant proportion of households only buy one type of toothpaste
Date: 2012-03-27 12:01:57
GfK Hungária’s ConsumerScan survey reveals that not everyone uses toothpaste: every year eight out of ten households (78 percent) buy the product. In 2011 the toothpaste market remained stable and...
Read more
The small breweries enrich selection
Date: 2012-03-27 10:40:35
The small breweries in Hungary enrich the domestic supply of the beer market, with producing beer specialties. Their production is 0.2 percent of the total annual Hungarian beer production –...
Read more
Experts consider the retail sales growth as a positive turning point
Date: 2012-03-26 12:50:03
Experts consider the January increase of retail sales as a positive turning point, but they also draw attention that it is not yet possible to conclude a year-round process from...
Read more
KSH: retail sales increased in January
Date: 2012-03-26 12:48:59
The retail sales volume in January of this year was 0.6 percent above the same period of the previous year; sales increase in food stores, as well as in the...
Read more
The Hungaricum Association initiates changes to the bill
Date: 2012-03-26 12:40:42
The Hungaricum Association (Husz) initiates the change of the hungaricum bill, because they do not see that the financial basis of the administration is insured – said Birinyi József, President...
Read more
Avalanche researchers studies the changes in ice cream
Date: 2012-03-26 12:00:53
Avalanche experts are helping to study how ice cream's structure changes when it is stored in a household freezer. Samples of ice cream have been scanned with an X-ray machine...
Read more
Free number to call if foodchain-safety irregularities found
Date: 2012-03-26 11:56:41
Starting from 26th March 2012, the National Foodchain-safety Authority (NÉBIH) will offer a green number free of charge to call for citizens finding an irregularities. The launch of the service...
Read more
PayU conquers Europe
Date: 2012-03-26 11:46:41
The Polish Platnosci.pl system owned by PayU SA, being the leader of the domestic online payment market, enters new European countries. Together with expansion, the company implements a new image-building...
Read more
The market of household chemicals and cosmetics remained 300 billion HUF
Date: 2012-03-23 13:35:56
Household chemicals and cosmetics retail sales amounted to 300 billion HUF between March 2011 and Febrary 2012, the same extent as last year. According to Nielsen’s Retail Index, stores sold...
Read more
Pro Europe initated EU inquiry in connection with the environment protection product fee
Date: 2012-03-23 13:02:45
The Pro Europe organization sent an another complaint letter to the European Commission in connection with the conversion of the Hungarian environment protection product fee. The Pro Europe in its...
Read more