Market News
Corporate volunteership is not popular in Eastern-Central Europe
Date: 2011-01-12 05:48:53
Ranking of responsible business operation evaluates for the second time transparency and communicated CSR performance of largest companies of the CEE region. CSR 24/7 Rating is a CSR rating product...
Read more
The extreme weather and speculation drive up the price of raw food materials
Date: 2011-01-11 18:24:46
The world price of raw food materials has increased over the past one and a half years, but the price of processed foods only slightly increased. Raw food materials are...
Read more
Online purchases: Paypal may be the solution to the distrust
Date: 2011-01-11 17:47:04
Although purchasing with cash declined slightly, compared to last year, it is still the most typical among online customers. According to the annually repeated E-Shopping report of KutatóCentrum; The lack...
Read more
Currently there is no way for more stringent control in EU imports
Date: 2011-01-11 12:59:49
Hungary imports tens of millions of kilograms of pork and many hundreds of millions of liters of milk and dairy products each year. A part of these products are suspiciously...
Read more
The nationwide honey raid valuation is under way
Date: 2011-01-11 12:11:48
Results of the nationwide honey raid is still under valuation. The examination was necessary, because antibiotics contaminated honey appeared in the domestic market. The test team of the Agricultural Office...
Read more
TriGranit sells 50 percent of the Arena Centar in Zagreb
Date: 2011-01-11 12:09:49
Europe's fourth largest real estate developer, the TriGranit Development Co. and Heitman European Property Partners IV (Hepp IV) announced today that the Hepp IV bought 50 percent stake in the...
Read more
Wine shortage expected this year
Date: 2011-01-11 12:08:07
Only the half the usual quantity was produced in the wine cellars last year, so shortage is expected this year, and also a lot of wine varieties may disappear from...
Read more
New Széchenyi Plan: Economy can expand from two thousand billion HUF
Date: 2011-01-10 18:10:59
In the scope of the New Széchenyi Plan two thousand billion HUF may flow into the Hungarian economy from the middle of January. According to former governmental and regulatory promises;...
Read more
Hungarian export increases further
Date: 2011-01-10 14:53:22
According to the preliminary datas of the Central Statistical Office; the foreign trade balance, that was 652 million euros in November 2010 (179 billionHUF ) showed assets, which is a...
Read more
“New dimensions” of consuming in the Hungarian stores
Date: 2011-01-10 14:37:46
Exciting developments are taking place at several Hungarian supermarkets: digital shelf labels, mobile application, pay phone, automatic cashiers revolutionarize shopping habits. Few novelties: In the recently opened Tesco supermarket in...
Read more
Liberalization of home destillation deprived the state of huge tax-revenues
Date: 2011-01-10 13:42:26
Since the liberalization of home distillation, the Hungarian budget was deproved of billions of revenue. However, excise tax on alcoholic beverages will not see a rise this year – MTI...
Read more
Exchange war can be changed into a trade war, warns the Finance Minister
Date: 2011-01-10 13:35:27
The Brazilian Finance Minister Guido Mantega warns that the world is full of “trade war” to hold. According to the Minister of Finance; the United States and China are among...
Read more
Goldman Sach: growth in 2011
Date: 2011-01-09 19:04:14
The world economy can expect another strong year of growth in 2011, according to our annual economic forecast. The United States can expect substantial acceleration in real GDP growth over...
Read more
GfK Hungária: declining consumer confidence
Date: 2011-01-07 19:21:09
The value of the Consumer Confidence Index, decreased in the last quarter of 2010, compared to the previous growth, just like the consumer expectations index, which fell by 34 points,...
Read more
German newspaper opinion: the surtax do not discriminate the foreign companies
Date: 2011-01-07 14:13:13
Handelsblatt has published a commentary over the surtax on Friday. According to the correspondent of the German economic and business daily; the German Minister of Economic Affairs became the servent...
Read more
Critical situation in the pig sector
Date: 2011-01-07 12:42:39
The Hungarian Association of Pig Breeders (MSSZ) told that the pig breeders are ready to demostrate, because of the critical situation of the Hungarian pig sector. The price of live...
Read more
100 million to promote local wine culture
Date: 2011-01-07 12:26:36
Agrármarketing Centrum (AMC) published an open tender invitation, on the basis of the proposal of the Wine Marketing Commission (AMC), on the implementation of “local small projects”, that are promotes...
Read more
The dioxin-contamination flooded Lower Saxony
Date: 2011-01-07 12:22:06
Dioxins were not only found in chickens and eggs, but pigs were also infected with it. Due to the risk of dioxin-contamination, almost five thousand farms are being closed in...
Read more
Euro zone’s economy increased by nearly 2 percent last year
Date: 2011-01-07 12:21:12
The euro zone's economic growth declined more than estimated during the third quarter of 2010- reports Eurostat. The revised data shows that, the quarterly growth was 0.3 percent, while the...
Read more
Counterfeit drugs at retailers
Date: 2011-01-07 10:25:17
n Nigeria, the National Agency for Food and Drug Administration and Control (NAFDAC) has carried out an operation to identify fake pharmaceutical products in retail outlets using Thermo Fisher Scientific's...
Read more
No uniform rules for FMCG-packaging exists in Hungary
Date: 2011-01-06 19:04:20
Tere is no fixed consumer protection law for the packaging of various products, including FMCG-products: there are no requirements to indicate data like origin, producer ingredient etc., which may lead...
Read more
Product placement will increase the revenues of TV channels
Date: 2011-01-06 14:01:53
The media act allows product placement from January in a number of television programs, so – despite the fact, that the channels must warn the viewers – it will be...
Read more
The dairy farmers received 25 billion HUF support last year
Date: 2011-01-06 12:50:44
The producers of the milk sector received 15 HUF per kilogrammes support in 201 This amount is almost double of the support of 2009 – said the Ministry of Rural...
Read more
The special taxes may fail
Date: 2011-01-06 12:40:01
According to experts; the taxation of the telekom sector is a clear violation of the EU laws, and problems may occur with the taxes imposed on the hypermarkets, because of...
Read more
In Hungary, there are no dioxin contaminated eggs
Date: 2011-01-06 12:10:51
Hungary did not receive from those import poultry meats and eggs, that were contaminated with dioxin. Holger Eichele, spokesman for the German Ministry of Agriculture told that the dioxin contaminated...
Read more
Eurozone’s retail trade fell unexpectedly
Date: 2011-01-06 12:00:14
Retail sales of the Eurozone showed a decrease unexpectedly in November. A fall occurred in both the food and non food products. The most pessimistic expectations were only about stagnation....
Read more
Ipsos: consumers are optimistic in 2011
Date: 2011-01-05 20:57:58
You can read the latest results of a recent Ipsos survey on the general mood of consumers here: New Years G@16[1]...
Read more
Retail sales may accelerate this year
Date: 2011-01-05 15:24:13
The Christmas season has confirmed the optimistic expectations of the traders. There were several among the big supermarket chains that reached two-digit growth during the Christmas season, but the number...
Read more
GKI-Microsoft: improved competitiveness in Hungary
Date: 2011-01-05 15:10:37
According to the joint survey of Microsoft and GKI Market Research Company; the Competitiveness Index (Vex) decreased in Romania in the third quarter of 2010 compared to the previous quarter....
Read more
FAO: food prices breaking records
Date: 2011-01-05 14:56:09
According to the datas of the UN Food Organization (FAO); the global index indicating the prices of food, increased to record heights. The driving force behind the price increase, is...
Read more
