Market News
Company executives preparing for sales expansion
Date: 2011-01-21 11:58:16
Top-level executives expect intensifying competition, volatile and unpredictable markets, shrinking margins and the increasing of the importance of innovation – shows the study of the Ernst & Young, entitled “Competition...
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Uniform rights for all European customers!
Date: 2011-01-21 11:51:55
Paolo Martinelli, the President of the civil Consumer Protection Organisation (BEUC) of the European Union and Morvay György, President of the National Consumer Protection Organisation (OFE), gave BEUC’s Union consumers...
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New Széchenyi Plan: nearly two billion HUF to apply this year
Date: 2011-01-20 12:43:44
Until March, the Ministry of National Development (NFM) tenders 1,100 billion HUF European Union tenders in the scope of the New Széchenyi Plan, and then in the rest of the...
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Demján expects the growth of employment from the SMEs
Date: 2011-01-20 12:42:21
The Hungarian small and medium-sized enterprises need credit and capital – said Demján Sándor, Executive Chairman of the National Association of Entrepreneurs and Employers (VOSZ). The employment growth can be...
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Output decrease on the commercial property market
Date: 2011-01-20 12:32:02
In Europe, the output change of the first class commercial properties slowed down in the fourth quarter of 2010, unlike the previous years, when property values have increased significantly –...
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The world's second largest economy increased by 10 percent last year
Date: 2011-01-20 12:10:39
China's economy expanded by 10.3 percent in 2010, while inflation was 3.3 percent – reports the China Central Bureau of Statistics on Thursday. The world's second-largest economy grew by 9.2...
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Confidence decreased in the euro area
Date: 2011-01-20 12:00:19
Consumer confidence deteriorated in the euro area in January, which is mainly in connection with the concerns over the debts of some countries in the region. According to the preliminary...
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X-Factor on the skating rink of Corvin
Date: 2011-01-20 11:59:48
The free skating rink on the top of the Corvin shopping center officially opened today with the participation of Takács Nikolas, Király L. Norbi and Vastag Tamás, X-Factor stars. The...
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Hungarians drank 109 liters of mineral water per capita
Date: 2011-01-20 11:41:25
Hungarian citizens drank 109 liters of mineral water per capita ilast year, down slightly from 110 liters per capita in 2009, the Hungarian Mineral Water Association and Product Council announced....
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Walmart, Carrefour and Metro AG are still the top three retailers
Date: 2011-01-19 21:51:24
Walmart, Carrefour and Metro AG still occupy the top three slots in the latest edition of the Deloitte Global Powers of Retailing report for 2011. Combined sales for the world’s...
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Food prices increasing steadily for eight years
Date: 2011-01-19 19:43:03
The price of food exponentially increased between 2002 and the end of 2010: the global food price index of the UN Food and Agriculture Organization (FAO) increased by 139 percent...
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The utilization of ATMs decreases since 2008
Date: 2011-01-19 12:32:19
In recent years, the number of ATMs was steadily increasing in Hungary, while their utilization decreases since 2008. Since the beginning of the crisis, the installation of the machines slowed...
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Pork from Germany under mandatory control
Date: 2011-01-19 12:30:59
Fazekas Sándor, Rural Development Minister ordered temporary restrictions in the distribution of fresh and frozen pork products arrived directly or indirectly from Germany, due to the German dioxin scandal, for...
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Parragh: 7 percent of GDP leaves the country annually
Date: 2011-01-19 12:29:37
If the government will take measures to assist businesses, the Chamber will support them – said Parragh László, president of the Hungarian Chamber of Commerce on Wednesday in Hódmezővásárhely. Parragh...
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The number of liquidations may remain high for a long time
Date: 2011-01-19 12:15:28
This year could be a turning point in the corporate sector, and thus in the evolution of the number of insolvency proceedings. According to the Coface Hungary; a significant improvement...
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The price of the bakery products may significantly increase
Date: 2011-01-19 12:04:07
The domestic bread prices are rising steadily for months. However, in February a higher increase is expected: if the poor wheat harvest of last year will run out of stock...
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The FEOSZ urges hard action against consumer groups
Date: 2011-01-19 12:00:29
The National Federation of Consumer Associations (FEOSZ) proposes to ban or to make strict regulations against consumer groups. The FEOSZ suggests the legislature to prohibit such activities, or regulate theses...
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Consumers and advertisers agreed
Date: 2011-01-19 11:45:24
The Self-Controlled Advertising Board (ÖRT) and the National Federation of Consumer Associations (FEOSZ) signed a cooperative agreement on Wednesday. The agreement aims to the better protection of consumers, in general...
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K & H: accelerating domestic consumption, although the strong Swiss franc dampens purchases
Date: 2011-01-18 14:18:46
Because of the result of the economic growth – particularly in the emerging countries, but also in some developed countries – growing inflation can cause problems, so in the next...
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VHT: The Ministry of Agriculture must do something
Date: 2011-01-18 14:17:43
The Interprofessional Meat Marketing Organisation (VHT), initiated the temporary shutdown of pork imports from the dioxin contaminated provinces at Rural Development Minister Fazekas Sándor – said Menczel Lászlóné, Secretary of...
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Real wages are seven and a half percent higher, compared to a year ago
Date: 2011-01-18 14:10:06
The number of those who are working at financial institutions and at companies employing at least 5 people was an average of 2 million 702 thousand in January-November 2010. During...
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The positive consumer protection list to be launched from March
Date: 2011-01-18 13:55:57
The National Consumer Protection Authority (NFH) starts to communicate the positive list of companies that are comply with the consumer protection legislations in March – announced Horváth Endre, Deputy State...
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A five-day delay for the presentation of the purchase document
Date: 2011-01-18 13:54:31
If someone in the catering or trade industry is catched out by inspectors with goods without purchase document will have five days to present it to the authority. The Ministry...
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High optimism in Germany
Date: 2011-01-18 13:52:14
The economic sentiment index of the German ZEW Economic Research Institute increased significantly from the 4.3 point of December, to 15.4 points, while 6.8 points was expected. The current appreciation...
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New Széchenyi Plan: Applications from March
Date: 2011-01-17 12:20:29
The applications of the small and medium-sized enterprises (SMEs) will be available from March 2011, in the scope of the New Széchenyi Plan. The long-awaited new European Union application proposals...
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According to the Association of Pig Breeders; cheap German pork flooded the black market
Date: 2011-01-17 12:13:37
The German dioxin scandal valorized the Hungarian brands. The chains rather build on emphasizing domestic products, than advertising cheap imports. Hungary is a net milk and pig importer. As a...
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Boycott against multinationals
Date: 2011-01-17 12:11:46
Hungarian public personalities called the continous complaining of the multinational firms in Brussels over the special tax intolerable, who are therefore called the Hungarian population for a boycott against these...
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By 2050, food should be ensured to nine billion people
Date: 2011-01-17 12:04:24
Immediate action is needed to ensure in order to ensure world food supply in 2050 – states French researchers. In the meantime, the price of cereal increased to record heights...
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The Poultry Product Council would promote domestic eggs
Date: 2011-01-17 11:58:18
The Poultry Product Council (BTT) would encourage the consumption of home-produced eggs with the help of the Agricultural Marketing Centre (AMC) – told Bárány László, chairman, to MTI on Monday....
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12 percent of the pig stock in South Korea to be destroyed
Date: 2011-01-17 11:50:55
Foot and mouth disease occurred in South Korea, therefore, 1.4 million pigs will be destroyed. The authorities in South Korea have decided to bury 1.4 million pigs alive. The disease...
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