Market News
VM: there can be reverse VAT in the pig sector
Date: 2012-09-06 13:00:37
Even the Ministry of Agriculture withdrew its proposal of the reverse VAT in the pig sector in August, the government once again discussed the question. The Ministry supports the idea....
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KSH: nearly 5 percent exports increase in euros
Date: 2012-09-06 12:20:41
Exports increased in euros by 4.6 percent, imports rose by 4.0 percent in July compared to a year earlier – the Central Statistical Office (KSH) announced on Thursday. Due to...
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Melon case – The government has approved the report of the Ministry of Rural Development
Date: 2012-09-06 12:10:53
There has been no cartel agreement protecting the melon growers – states the report of the Ministry of Rural Development, which was adopted by the government – the ministry told...
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Finance guards seized more than 300 thousand eggs
Date: 2012-09-06 11:55:55
The finance guards of the National Tax and Customs Office (NAV) seized more than 300 thousand unmarked eggs – the organization told MTI on Thursday. According to the communication, the...
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European Court of Justice: the wine cannot be advertised with the indication it can be “easy to digest”
Date: 2012-09-06 11:50:56
The wine cannot be advertised with the indication it can be “easy to digest”, because such a sign indicates a reduced acidity, it can be considered as a statement of...
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GfK: In 2011, two-thirds of the households have purchased wine
Date: 2012-09-05 12:50:38
Last year, two-thirds of the households purchased wine with some regularity. Most people prefer the red variety, and more and more people are discovering the rosé. Primarily consumers by wine...
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Euro area’s retail sales have declined
Date: 2012-09-05 12:20:53
In July, retail sales volume fell in the euro area on monthly and on annual levels – said EU's statistical office the Eurostat announced on Wednesday. Retail sales on a...
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Hungary slipped back in the rankings of global competitiveness
Date: 2012-09-05 12:10:09
Switzerland leads the Global Competitiveness Ranking of the World Economic Forum for the fourth year, Hungary slipped back from the previous year's 48th place to the 60th – shows the...
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The EU support of tobacco growers can remain
Date: 2012-09-05 11:53:20
The EU support of tobacco growers can remain, so the Hungarian Tobacco industry will receive the about 7 billion HUF next year – said Glattfelder Béla Fidesz MEP on Tuesday....
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The rate of alcohol consumption depends on the shape of the glass
Date: 2012-09-05 11:00:17
The shape of your glass is probably the last thing on your mind when you are down the pub. However, researchers at the University of Bristol believe the shape of...
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GKI: Keeping the wrong direction
Date: 2012-09-04 14:50:02
Since the government does not want to introduce changes in its economic policy, the conclusion of the agreement with the IMF is not possible, and thus investors’ confidence necessary to...
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This year's Hungarian Quality Product Awards were handed over
Date: 2012-09-04 14:05:27
The Hungarian Quality Product Award ® recognitions were handed over for the 15th time. This year more than ever, a total of 58 tenders of 53 applicants received this prestigous...
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The harvest of maize started earlier
Date: 2012-09-04 12:00:28
Compared to the previous years, maize harvest began two weeks earlier in Békés county. The average yield per hectare is between 3.6 to 3.7 tons. Veres Vilmos, leader of the...
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Industrial producer prices up by 0.4% in both euro area and EU27
Date: 2012-09-04 11:26:48
In July 2012, compared with June 2012, the industrial producer price index1 rose by 0.4% in both the euro area2 (EA17) and the EU272. In June3 prices fell by 0.5%...
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KSH: the volume of exports increased by more than 9 percent in June
Date: 2012-09-03 12:29:02
The foreign trade turnover also expanded in June. The volume of imports by 9.3 the volume of exports increaserd by 4.0 percent compared to a year earlier – the Central...
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Less companies go for cafeteria-packages
Date: 2012-09-03 11:46:29
Following a stagnation of the previous three months, the amount of companies offering a set of fringe benefits have declined. In the coming year the domestic SMEs is less than...
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The manufactoring of plastics can bring a new sugar factory
Date: 2012-09-03 11:20:53
The Rural Development Ministry is thinking about the production of environmentally friendly plasic made of polylactic acid. The idea can boost the production of sugar beet and can generate the...
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The food price increase reaches Slovakia
Date: 2012-09-03 11:14:36
Because crop failures caused by the drought and due to world market price increases a significant food price increases can be expected in Slovakia in the next few months –...
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KSH: investments continued to decline
Date: 2012-08-31 12:30:46
In this year's second quarter, the volume of national economy investments fell by 5.9 percent compared to the same period of last year – announced the Central Statistical Office (KSH)...
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Mountain villages: two million hectoliters of wine is expected this year
Date: 2012-08-31 12:08:04
Around two million hectoliters of wine production is expected this year in Hungary, compared to the 2.5 million hectoliters of the past year – said Horváth Csaba, Secretary-General of the...
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German retail sales decreased
Date: 2012-08-31 11:00:31
Contrary to the expectations of the retail sales fell in July in Germany. According to the figures, published by the statistics office, In July the Germans bought 0.9 percent less...
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Tokaj and Sonoma will be sister towns in memory of the Hungarian founder of the Californian winery
Date: 2012-08-31 10:55:45
The sister town agreement was signed by Joanne Bouldt Sanders mayor of Sonoma City and by Májer János mayor of Tokaj. Tokaj and Sonoma established sister town relationship on the...
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Buy a camera on Monday, go to restaurant on Tuesday
Date: 2012-08-31 10:22:15
Everything has its own time, in fact its own days: one can buy cameras on Mondays for the least money, Tuesday is the cheapest day in restaurant – states the...
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Coffee can protect from intestinal cancer
Date: 2012-08-31 10:15:48
Coffee consumption can reduce the risk of intestinal cancer by 15-25 percent of – quotes The Daily Telegraph newspaper, referring to the datas of U.S. researchers. A study of almost...
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Biofuels lead to a new kind of foodcrisis?
Date: 2012-08-31 08:41:27
The role of biofuel policies in the food-price hikes has become particularly controversial. The rapid increase in demand for and production of biofuels, particularly bioethanol from maize and sugarcane, has...
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Commission welcomes plans to improve situation for people who bought property on Spanish coast
Date: 2012-08-31 08:38:18
European Commission Vice-President Viviane Reding, the EU's Justice Commissioner, welcomed an announcement by Spain that that it intends to improve legal certainty for property owners along the Spanish coast which...
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Grain harvest may be less than expected
Date: 2012-08-31 08:10:48
Russia’s two largest market research institutes significantly impaired this year's Russian wheat and cereal harvest forecasts on Monday. The SovEcon impaired its forecast of grain harvest from 70 – 74...
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Moody's: Euro-area crisis still poses greatest risk to global outlook
Date: 2012-08-30 14:12:21
The global economic recovery is at risk of faltering due to the euro-zone debt crisis, Moody's Investors Service Inc. said in its latest macro-economic risk report. The rating company said...
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Competition Authority initated proceeding in melon case
Date: 2012-08-30 12:00:00
The Hungarian Competition Authority (GVH) initated proceedings against a number of domestic commercial chains, because they assume that they violated the prohibition of restrictive agreements in case of watermelon sales...
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MVH: support to create agricultural producer groups
Date: 2012-08-30 11:58:58
The Agricultural and Rural Development Agency (MVH) starts the payment in the coming weeks for the support of about 568 million HUF in the scope of the establishment and operation...
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