Market News
Hungarians trust labels on food-products more than the rest of Europe
Date: 2011-07-18 14:12:54
To what extent do customers trust information indicated on the labels of various-food products? Market research company Nielsen has been looking for the answer to this question among many other...
Read more
The sales of strategic sugar stocks was suspended
Date: 2011-07-18 13:30:56
The Ministry of Rural Development suspended the sale of strategic sugar stocks, due to favorable market conditions. In order to break down the high sugar prices, Rural Development Minister Fazekas...
Read more
ÁNTSZ: Avoid the consumption of sprouts!
Date: 2011-07-18 13:25:44
According to the National Public Health and Medical Service (ÁNTSZ ), at households and at other places there may still have some seeds, which presumably caused the epidemic diarrhea in...
Read more
This year, poultry breeders can receive four billion HUF
Date: 2011-07-18 13:10:00
Poultry farmers will have access to four billion HUF national resources in 2011. Under a regulation amendment, the poultry welfare applications can be submitted in every quarter year – announced...
Read more
Crisis-tax to remain after 2012?
Date: 2011-07-18 12:37:34
On a lower-rate, but, the Sector specific taxes would remain even after 2012 in Hungary – said Lázár János, leader of the Fidesz faction in an interview of the Bloomberg...
Read more
Japan stops the distribution of the radiation polluted beef
Date: 2011-07-18 12:35:41
The Japanese government plans to ban the distribution of beef shipments from Fukushima after it was found, that parts of the products are infected with radioactive cesium. A total of...
Read more
The Czech government to raise VAT
Date: 2011-07-18 12:00:12
The Czech state would reach some extra revenue by raising the VAT rate. Instead of the planned 17.5 percent 19 would be the uniform rate of VAT. Next year, the...
Read more
Consultation on Rural Development Co-operation
Date: 2011-07-18 10:41:56
Experts and politicians from Austria, Slovenia, Croatia, Serbia, Romania, Slovakia and the Ukraine, as well as leading Hungarian lawmakers and representatives of the government, were invited to attend the consultation,...
Read more
MAGOSZ encourages public storage
Date: 2011-07-15 13:05:22
The amount of wheat is moderate, but quality is high this year in Hungary – states the MAGOSZ. According to the agricultural organization; prices are depressed currently, but on the...
Read more
Customers prefer air-conditioned stores in the heat
Date: 2011-07-15 13:01:37
A large part of the customers prefer air-conditioned hypermarkets and malls more in the heat wave than smaller shops – shows the online survey of Népszabadság Online. In the heat,...
Read more
Advertising is more effective on thematic channels
Date: 2011-07-15 12:59:41
In the future, the expansion of thematic channels may continue, over the commercial TV channels, and their viewers are still holding untapped potential for advertisers. According to the recent joint...
Read more
The parliamentary committee investigating the privatization of the sugar industry has been formed
Date: 2011-07-15 12:57:40
The parliamentary committee investigating the privatization of the sugar factories held its first inaugural meeting. The 16-member committee will meet weekly and in 180 days will compile a report on...
Read more
The Slovak Parliament said no on Sunday store closure
Date: 2011-07-15 12:48:10
The Slovakian shops will be open on Sundays and on most of the holidays. The Slovak parliament voted down the Sunday closure proposal of the Christian Democratic Movement (KDH), this...
Read more
Magazine: Grill sausage sales are highly concentrated
Date: 2011-07-15 11:41:24
Hungarians spend about HUF 1 billion on grill sausage a year. The Nielsen Retail Index registered minus 26 percent in both value and volume from one year to another. Volume...
Read more
Price-to-value ratio is the most important for Hungarians when purchasing food
Date: 2011-07-14 15:36:30
The most important factor for Hungarians when purchasing food is without doubt the price-to-value ratio, a suvey by market research company NIelsen published today. In the survey, 47% of respondents...
Read more
The Seed Association proposes professional consultation in GMO case
Date: 2011-07-14 14:51:38
The Seed Association proposes professional consultation with the participation of the legislature, the authority and the representatives of the companies to review the legislative, jurisdictional and practical problems – announced...
Read more
The insolvency of the firms affects trade and the construction industry the most
Date: 2011-07-14 13:50:02
The insolvency index of the Hungarian companies increased by 21 percent in the first half of 2011, compared to the same period of the previous year. Proceedings were initiated against...
Read more
Will the Hungarian fruit win on the chips-tax?
Date: 2011-07-14 13:30:50
According to the Ministry of Rural Development; one of the winners of the public health product tax, the so-called chips-tax may be domestic agriculture, because it will help local production...
Read more
Analysts have different views over the 7.6 percent growth of the industrial production
Date: 2011-07-14 13:12:22
The analysts of the banks polled by MTI have different views over the slowdown of May. Some of them consider it temporary some believe it is a sign of a...
Read more
The new melon market regulation enters into force on Thursday
Date: 2011-07-14 13:08:26
The new melon market regulations enters into force on Thursday, that according to the ministry will strengthen the market position of the Hungarian melon. Czerván György, State Secretary of the...
Read more
Minimal growth in U.S. retail
Date: 2011-07-14 12:35:04
Compared to May, U.S. retail trade increased by 0.1 percent in June, instead of the expected stagnation. Moreover, the U.S. Commerce Department decreased the value of the May decline from...
Read more
Consultation on Rural Development Co-operation in the Carpathian Basin
Date: 2011-07-14 10:14:11
As part of the National Rural Strategy – 2020 consultation series, discussions were held for the first time today regarding the national Carpathian Basin Rural Development Co-operation programme. Experts and...
Read more
KSH: grain prices increased over 90 percent, fruit prices over 70 percent
Date: 2011-07-13 13:50:32
The agricultural producer price level in May 2011 was 37.6 percent higher than a year ago – reports the Central Statistical Office (KSH). In particular, the price level of plant...
Read more
Is the Chips-tax unconstitutional?
Date: 2011-07-13 13:10:48
The public health product tax, raises various legal issues – emphasizes Torsten Braner community lawyer, associate of the e|n|w|c Natlacen Walderdorff Cancola international law firm. The new law determines the...
Read more
Dairy support: the EU approved the payment of the deposit
Date: 2011-07-13 12:52:39
Brussels approved the advance payment of SAPS and the special dairy support. The Hungarian farmers can receive the deposit of SAPS from the second half of October. The European Commission...
Read more
The KöKi Terminal opens in September
Date: 2011-07-13 12:50:50
Approximately 1,500 new jobs will be established in the capital's newest shopping and business center in the KöKi Terminal in Kispest. Visualization of the KöKi Terminal The KöKi Terminal seeks...
Read more
Health labels on Australian drinks
Date: 2011-07-13 12:45:53
The Australian liquor manufacturers have launched their volunteer program, under they label their products with health warnings, presumably in order to avoid future criticism, namely that they contribute to the...
Read more
The operators of the Internet markets can be make responsible for violations
Date: 2011-07-13 12:42:38
The operators of Internet market businesses, including eBay can be responsible for the trade mark violations of their users – states the European Court in its judgments on Tuesday. In...
Read more
Asia is heading for Europe
Date: 2011-07-13 11:42:33
On 10 May 2011 a large-scale conference was held at the Ministry of Rural Development, as part of the ‘Our future is in our hands’ series of programmes. The event’s...
Read more
Electronic cops against online frauds
Date: 2011-07-13 08:44:13
The allegroup.hu Ltd. has gifted the police with a useful guide, in order to help prevent and investigate online crimes. The book was created by one of the country's largest...
Read more
