Market News
Half billion HUF for the hungarikum related tasks
Date: 2012-01-10 12:50:35
In the near future, the Cabinet rearranges about 500 million forints from to hungarikum related tasks – reports Magyar Nemzet. According to the newspaper the rearrangement is expected to be...
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The entertainment industry's revenue this year may rise over a thousand billion USD
Date: 2012-01-10 12:38:18
According to the forecast of the CEA; the entertainment industry's revenues this year may rise over a thousand billion USD, due to the distribution of smart phones and tablet PCs....
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K&H Bank: a new department dealing with the financing of agriculture and food industry
Date: 2012-01-10 12:34:07
The K&H is one of Hungary's leading financial institutions, and it is traditionally strong among the agricultural and related – primarily food – companies. This is proven by the fact...
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The global advertising market is growing despite the euro crisis
Date: 2012-01-10 12:32:25
The Warc has modified its 2012 forecasts for the global advertising market. According to the company's experts; the sector will grow by 5.4 percent this year, this a 0.9 percentage...
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The two-thirds of the sites offering consumer loans are irregular
Date: 2012-01-10 12:26:54
Only 30 percent of the 562 websites, that are offering consumer credit investigated by the national authorities are line with EU consumer protection rules – said the Competition Authority's website...
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Simply Mediterranean – Italian Catholic food industry focuses on domestic products
Date: 2012-01-10 12:25:14
The first Catholic Italian food portal, the Simply Med offers less expensive and only domestic products, which aims to help to the crisis-stricken families and parishes as well as the...
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U.S. consumer credit loans on a decade high level
Date: 2012-01-10 12:10:59
According to the datas publsihed by Fed; the U.S. consumer lendings in November increased by much more than expected by, 20.4 billion dollars, has not seen since November 2001. On...
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Magazine: Quality, health and reliable base materials are the appeal of Hungarian products
Date: 2012-01-10 12:08:18
According to Ágnes Villányi, Nielsen’s commercial relations director six out of ten consumers find it important to buy Hungarian food products. One third of them told the main reason is...
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Uncertainties around the bill-hungaricum
Date: 2012-01-09 13:10:42
The government bill on Hungarikum law aims major goals. But the bills has several problems. Neither the text of the proposal or the budget does not indicate the source of...
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Analysts continue to expect growth in trade surplus
Date: 2012-01-09 13:00:32
Although the trade surplus of 666 million euros of November 2011 is expected to be smaller than the analysts’ expectations further surplus is expected in the trade balance. The Central...
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Unprecedented scale in shopping tourism near the border
Date: 2012-01-09 12:55:39
Slovakian buyers are storming stores of Hungary; unprecedented scale occurred in shopping tourism near the border, because the forint / euro exchange rate was at a historical peak, even 320...
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NFH: there are many infringing sales presentations
Date: 2012-01-09 12:35:25
The staff of the consumer protection authority were found out that the organizers of the presentations did not carry out their commercial activities in accordance with the law in 63...
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The winemakers of the Somló wine region urges for unity
Date: 2012-01-09 12:34:14
The winemakers of the Somló wine region urges for the unity of the winemakers of the Somló wine region in Devecser on Monday. The hill judge of the mountain village...
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Community agricultural and wine marketing to be transformed
Date: 2012-01-09 12:30:43
According to a government decision; the Community agricultural and wine marketing functions will be carried out by the Hungarian National Tourist Office, instead of the Agricultural Marketing Centre. “The contributions...
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The pig market started the year with a drop in prices
Date: 2012-01-09 12:18:38
The end of the year brought price reductions for the European pork market, and this trend will continue this week – shows the analysis of Pick Szeged Zrt. The price...
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A new “brand” for Fejér county
Date: 2012-01-09 11:11:55
The program called Fejér Product Program was launched last May, and has been increasingly successful ever since. The main purpose of the program is to attract manufacturers and growers of...
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Direct marketing is facing new challenges
Date: 2012-01-09 10:01:09
Direct Marketing Association has 10 new numbers in 2011, with 5 more companies added, the service package of the association has been expanded, and the 2012 DM Sensor sector research...
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GfK: consumer sentiment continued to deteriorate
Date: 2012-01-06 13:20:24
According to the research of the GfK market institute; consumer sentiment is worsening in Hungary. GfK’s complex consumer confidence index (FBI), decreased by 13 points to 117.5 points in December...
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Industrial production continues to increase
Date: 2012-01-06 12:41:19
According to the preliminary datas; the volume of industrial production rose by 3.5 percent in November 2011, compared to the same period of last year – reported the Central Statistical...
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In November, euro area’s retail declined
Date: 2012-01-06 12:40:24
After the revised 0.1 percent monthly increase of October, euro area’s retail declined by 0.8 percent in November, contrary to the expected 0.4 percent forecasts – said the European Union's...
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COFIDIS: two million new loans last year, half of the population has credit debts
Date: 2012-01-06 12:39:54
Almost three-quarters of the Hungarians, had a loan at once, and every second Hungarian has credit debts. The most common type of credit is housing loans. 38 percent of the...
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The product descriptions of the Hungarian wines are already in Brussels
Date: 2012-01-06 12:38:34
The Ministry of Rural Development (VM) has submitted the wine product descriptions of national approval decisions to the European Commission, after Rural Development Minister Fazekas Sándor signed them – the...
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These could be the stars of the food industry in 2012
Date: 2012-01-06 12:27:48
The food industry also has its fashion waves, like the dress industry. What will be the food fashion in 2012 and why? – asks divany.hu. The Huffington Post's article attempts...
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The Italians throw food out even during the crisis
Date: 2012-01-06 12:10:45
Saving was the slogan during the holiday season in Italy, except for the food thrown out: 1.3 billion worth of food landed in trash in Italy. A total of 440...
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Retail sales decreased in Germany
Date: 2012-01-05 15:30:00
According to the datas of the Federal Statistical Office, contrary to the expectations, the retail sales fell in November in Germany. On monthly basis, on the basis of the calendary...
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Agricultural exports increased significantly
Date: 2012-01-05 14:56:02
The value of agricultural and food exports in the January-September period of last year was 4.988 billion euros, while the import value was 3.132 billion euros – informs the Agricultural...
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Online retail produced a turnover of 155 billion HUF last year
Date: 2012-01-05 13:18:13
In the Hungarian retail sales only the dealers participating in the Internet trade could realize a significant increase in traffic in 2011 – shows the survey of the GKIeNET –...
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KSH: 42 thousand more people worked in September-November 2011 than a year before
Date: 2012-01-05 13:00:36
The number of employees in September-November 2011 was 3 million 870 thousand, 42 thousand more than in the same period of last year – announced the Central Statistical Office (KSH)...
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Slovak shopping tourism accelerates
Date: 2012-01-05 12:59:27
With the continuous weakening of the forint the shopping tourism restarted to Hungary. Each day thousands of Slovaks piurchases in the Hungarian stores. The Info radio reported that in the...
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