Market News
MGYOSZ is ready to negotiate over the ban of Sunday the workday
Date: 2010-12-29 16:00:53
Sunday's work is a serious social and economic issue, therefore, the law should only be amended after discussions with the stakeholders – said Rolek Ferenc, Vice-Chairman of the the National...
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The decrease in turnover threatens the existence of businessmen
Date: 2010-12-29 15:36:00
More than 45 percent of the Hungarian SMEs that have debts, took up loans to pay to their partners. The loans threaten the private existence of the businessmen, since due...
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VOSZ: The ban on Sunday opening hours can cause 250 billion HUF losses
Date: 2010-12-29 15:10:26
According to the calculations of the National Association of Entrepreneurs and Employers (VOSZ); the ban on Sunday opening hours can cause a direct 250 billion HUF losses to the budget-...
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New directives to come in chicken breeding
Date: 2010-12-29 15:04:17
In a few years, Hungarian products should compete with the South American eggs, while thje farmers cannot keep the hens in their conventional cages from 2012, because of the EU...
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27 thousand tons of sausages consumed over a year
Date: 2010-12-29 15:01:00
The popularity of sausages increased during the Christmas-New Year's Eve period of last year. Retail sold around 5,700 tons during November-December, which is 17 percent more than in the comparable...
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M43-motorway to open even later
Date: 2010-12-29 14:47:08
Even though the 31.6 km section of the M43-motorway running between Szeged and Makó should have been opened in late August this year, according to Csongrád-county based newspaper Délmagyarország, it...
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A few thousands have remained in the private pension fund system
Date: 2010-12-29 14:35:54
By 31st January, citizens who want to keep their private pension fund membership need to sign various documents to indicate their decision. MR1-Radio Kossuth was informed that until now, 2040...
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800 million HUF for next year’s school milk program
Date: 2010-12-29 12:35:12
The act on the continuation of the school milk program enters into force from the 1st of January. The support can also claimed by dairy producers as well – told...
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Civil war threatens the cocoa supply of the world
Date: 2010-12-29 12:03:34
Cocoa in Côte d'Ivoire become a factor that can influence the world economy. Ivory Coast's share of the cocoa world trade – according to the 2008 datas of United Nations...
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Promising retail sales in December
Date: 2010-12-28 14:43:24
OKSZ calculates on the basis of the turnover of the pre-Christmas days that in December of this year the population spend about 5 percent more, a total of 840 to...
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Agri prices will increase in 2011
Date: 2010-12-28 14:42:42
The wheat, corn, canola, coffee, sugar, cocoa, soybeans, rice – practically every agricultural product prices have increased this year, and some in a record level. In many cases the prices...
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Next year it may be easier for SMEs
Date: 2010-12-28 14:41:07
The 2010 year was very difficult for the Hungarian micro, family and small businesses, however, the enterprizes look with confidence to the 2011 year – told Szűcs György, Chairman of...
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The number of employees should be increased by ten percent
Date: 2010-12-28 14:40:47
Thanks to the new Széchenyi Plan, 2000 billion HUF may flow into the economy. The number of employees should also be increased by ten percent in Hungary – said Fellegi...
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One-third fewer people love purchase loans
Date: 2010-12-28 14:40:09
As a result of the downturn the popularity of various loans decreasing from year to year, so a drop occured in in apartmant loans and account loans. Many people applied...
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After Christmas comes the swap
Date: 2010-12-28 14:27:10
The unnecessary Christmas presents can be changed back at most of the dealers for a good time. In most places the price of the product can be purchased, but only...
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America paid Online
Date: 2010-12-28 14:20:42
Webstores had a great year end rush. The latest data show that online retail sales during the holidays rose by 15.4% compared to last year – reports CNBC. The traders...
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PC in the phone
Date: 2010-12-28 14:12:41
This year, twice as many people bought a smart phone, than as in last year. An increasing competition is expected. The end of the monopoly of iPad is expected. In...
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Burdened risks, but the economy will increase next year
Date: 2010-12-27 16:49:24
This year, economy increases more than expected. For 2011 a further acceleration is expected but there are still risks – summarizes the Világgazdaság Online next year's projections of the various...
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Product-placements are allowed now
Date: 2010-12-27 16:20:36
Product placement will be allowed in UK TV programmes for the first time, media regulator Ofcom have announced. From 28 February 2011, paid-for references for products and services will be...
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Champagne is catching on again
Date: 2010-12-27 15:12:38
The crisis that shook up the world’s financial markets in 2009 did not spare the champagne industry. In 2010, however, the industry began to bounce back. Dr. Stephen Charters, Reims...
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Post-Christmas discount sales to start
Date: 2010-12-27 13:21:06
It is expected, that the post-Christmas discount sales will start today. Due to the accelerated buying habits, the traders do not wait until January, and start the discount sales, in...
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The president of the GVH would strengthen the client-friendly nature of the Competition Authority
Date: 2010-12-27 13:16:01
Juhász Miklós, the new president of the Competition Authority would strengthen the client-friendly nature of the Economic Competition Authority (GVH), that has substancial and technical elements. According to the president;...
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The chestnut puree will be re-regulated
Date: 2010-12-27 12:04:56
The Ministry of Rural Development will continue to campaign against poor quality products: the Ministry’s latest measure will rewrite the 30 year old rule over chestnut products. In many of...
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German manufacturing industry may increase with a slowing rate next year
Date: 2010-12-27 12:02:44
In Germany, manufacturing industry output may increase by approx. 5 percent, so 70 thousand new jobs would be created in the sector. According to the Association of the German Chambers...
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Fewer grapes grew in Pannonhalma
Date: 2010-12-27 12:00:59
Half of the predicted quantity was harvested in the region of Pannonhalma – said Liptai Zsolt, manager of the abbey’s winery. The new wine quality is good but not outstanding....
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Post Christmas rush has already started on Saturday night in London
Date: 2010-12-27 11:21:45
The Post Christmas discount sales have already begun on Saturday in the United Kingdom. Despite the cold weather and the economic crisis, costumers were gathering in front of the stores...
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GKI: The recession is over soon?
Date: 2010-12-26 23:58:12
According to the forecast of GKI Economic Research Co., the Hungarian economy is recovering slowly from the recession. In the world economy the Irish crisis that followed the Greek one...
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Crisis-taxes remain, according to 2011 budget
Date: 2010-12-26 16:29:48
The Hungarian parliament approved the 2011 Budget Act which they referred to as the budget of resurrection. The new budget shows revenue of HUF 13,151 billion and expenditures of HUF...
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Fish-control for food-safety goes on until early January
Date: 2010-12-26 16:12:29
Intense and strict controlling of stores and restaurants offering fish started in early December, and will go on until early January: the fine might even surpass millions of forint in...
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EU-support to keep ewes
Date: 2010-12-26 10:34:52
According to data published by the Agricultural and Rural Development Office (MVH), a total of 5,812 farmers will receive an aid of more than 2.6 billion for keeping of ewe-...
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