Market News
GDP and consumption: Hungary is far below the EU average
Date: 2012-06-22 14:17:43
Hungary’s per capita GDP in term of purchasing power parity is worse than in the Czech Republic or in Slovakia, and compared to Poland, the indicator is only a bit...
Read more
GKI-Erste economic sentiment index stagnated in June
Date: 2012-06-22 13:33:07
Following the plunge in May GKI-Erste economic sentiment index (adjusted for seasonal factors) was close to stagnation in June. According to the survey prepared by GKI with the sponsorship of...
Read more
There is no strong animal husbandry without stong agriculture
Date: 2012-06-22 12:25:07
There is no strong animal husbandry without stong agriculture. In this spirit, 2.6 billion HUF additional financing will be provided in next year's budget, in order to strengthen the pork...
Read more
Hungary will finish the modernization of hen cages for time
Date: 2012-06-22 12:20:06
Hungary finishes the modernization of hen cages until the July 31 deadline – the Ministry of Rural Development (VM) informed MTI. 14 EU member states including Hungary could not meet...
Read more
World trade is declining for the second month
Date: 2012-06-22 12:18:45
According to the datas of the Dutch CPB Economy Analysis Center, world trade declined in volume for the second consecutive month in April, due to the slowdown of global activity....
Read more
New shopping mall opened in Siófok
Date: 2012-06-22 12:00:58
The Sió Pláza entertainment and shopping center opened on Thursday in Siófok. The mall was built with a 5 billion HUF investment, implemented by the Sió Ingatlan Invest Kft., which...
Read more
Fish stocking: Catfish spawns will be stocked in place of pikeperches into the Tisza-lake
Date: 2012-06-22 11:20:19
The artificial pikeperch stocking of the Tisza-tavi Sporthorgász Közhasznú Nonprofit Kft. failed due to the unfavorable weather this year, but from catfish they will stock double volume to the reservoir....
Read more
The Hungarian beer market increases again
Date: 2012-06-21 12:28:47
The decline of the domestic beer market lasting since 2006 seems to be reversed: last year sales grew by 3.8 percent. The Association of Hungarian Brewers explains the good results...
Read more
The EU does not like the Hungarian taxation of pálinka
Date: 2012-06-21 12:10:40
The European Commission on Thursday called on Hungary to terminate the partial excise tax exemption of pálinka, ban the traditional hen cages as soon as possible and strongly requested to...
Read more
HITA: Hungary is the most attractive investment destination in the region
Date: 2012-06-21 12:03:50
According to rankings, published in the 2012 May issue of the Site Selection magazine, Hungary is the most attractive investment destination in the Eastern European region. According to the North...
Read more
EURO 2012 – So far, 200 thousand liters of beer was sold in the fan zone in Kiev
Date: 2012-06-21 12:01:18
The football fans drank 200 thousand liters of beer in the fan zone of Kiev, since the beginning of the Ukrainian-Polish Football European Championship. Eight kilometers of sausages were sold...
Read more
The ratio of domestic food products decreased in the Slovak stores
Date: 2012-06-21 11:20:46
The ratio of domestic food products decreased to a record low level, to 46 percent, compared to last year's 50 percent in the Slovak stores –the Slovak Chamber of Food...
Read more
Pálinka safe is planned to be established in Szabolcs
Date: 2012-06-21 10:00:36
The establishment of a museum pálinka safe is planned in Szabolcs-Szatmár-Bereg County, where the region's most successful distillates will be preserved for posterity. The development of the safe was offered...
Read more
Heat – Increasing mineral water, beer and ice-cream sales
Date: 2012-06-20 13:15:50
Mineral water, beer and ice-cream retail sales are increasing during the heat. Fodor Attila, director of communications at CBA told MTI on Wednesday, that from Friday, the sales of summer...
Read more
NÉBIH will be more stringent in the future
Date: 2012-06-20 12:55:15
The Parliament adopted the modification and its implementation of the Law on the prohibition of unfair distribution behavior, which will be in the national jurisdiction of the National Food Chain...
Read more
EP’s Agricultural Committee was opposed to the ban on foie gras
Date: 2012-06-20 12:05:33
The European Parliament's Agriculture and Rural Development Committee accepted the 2012-2015 EU animal welfare strategy report, but rejected the proposal to ban foie gras – announced Glattfelder Béla MEP (Fidesz)...
Read more
Combine harvesters started up in the heat
Date: 2012-06-20 12:02:53
The the winter barley harvest has been started in the country's hottest regions in Bács-Kiskun and Baranya counties. Accoring to the informations of the village farmers, the yield is ranges...
Read more
Magazine: Children of the millennium are the customers of the future
Date: 2012-06-20 11:39:27
The Y generation – those born around the turn of the millennium – will soon dominate the world and retailers had better win this generation now – this was the...
Read more
Mall developments continue rapidly
Date: 2012-06-20 11:25:26
The global shopping mall developments continue with a rapid pace. The expansion of the middle class and the merchants leads to unprecedented constructions and the opening of new centers, especially...
Read more
The number of pigs would be doubled from 666 billion HUF in seven years
Date: 2012-06-19 13:32:48
According to the pork industry strategy of the Ministry of Rural Development (VM) a total of 666 billion HUF additional development resources would be needed beside the current funding level...
Read more
VM: discriminatory pricing will be terminated
Date: 2012-06-19 13:30:48
According to the law amendment of the Ministry of Rural Development (VM) discriminatory pricing will be terminated in case of milk, carcass meat, poultry, vegetables and fruit products. The law...
Read more
KSH: gross average wage was 219,400 HUF in the first four months of 2012
Date: 2012-06-19 12:10:57
The average wages in the private sector grew by 6.4 percent, and decreased by 2.3 percent in the budgetary field, which caused by the increase of public employment. In the...
Read more
Grando.hu: Internet sales may grow despite the crisis
Date: 2012-06-18 13:45:50
Although retail sales in the EU Member States declined by 1.9 percent last year, due to the crisis, e-commerce grew by almost 10 percent in 2011 and a further increase...
Read more
Watermelon crop can be similar to last year's
Date: 2012-06-18 12:36:24
Despite the stormy weather of the recent days, this year's watermelon yield can be similar to last year's – told Mártonffy Béla, Chairman of the the Hungarian Fruit and Vegetable...
Read more
Cherry harvest has begun in Szabolcs-Szatmár-Bereg County: purchase price is high
Date: 2012-06-18 12:32:17
The cherry season has begun in Szabolcs-Szatmár-Bereg County, with the highest purchase prices of the recent years – told Wachal Kálmán, leader of the Agricultural Board of the regional government...
Read more
New officials at MMSZ
Date: 2012-06-18 12:00:42
The Hungarian Marketing Association (MMSZ) held its inaugural meeting in early June. One of the most important task was the election of the Vice-Presidents. Due to organizational changes the Vice-President...
Read more
Carniolan sausages can be only Slovenian products
Date: 2012-06-18 11:58:45
Slovenia and Austria agreed in a gastronomic name dispute, and Carniolan sausages can be only Slovenian products – writes Delo daily newspaper of Ljubljana. According to the agreement Austria does...
Read more
Magazine: Here in, here out!
Date: 2012-06-18 10:57:37
Drinkwel is a super-functional drink combines a high number of ingredients (vitamins, minerals, extract from liver-protecting plants, amino acid, etc.) that mitigate the negative effects of alcohol....
Read more
The development momentum of the dairy sector may stop
Date: 2012-06-15 14:57:16
The high feed prices, the increase in production costs, the reduction in the price of milk, the lack of development resources may cause a slowdown in the development of the...
Read more
Hungarian companies expect the dynamic expansion of e-commerce
Date: 2012-06-15 13:20:27
The Hungarian companies are expecting the dynamic growth of e-commerce and the online services market in the next five years – shows the online survey of RSM DTM Hungary Zrt....
Read more