Market News
EC is not willing to get involved in the issues of the milk-market
Date: 2012-07-16 21:28:31
Since the beginning of 2012, a drop in the demand for dairy products on world markets has led to a significant decrease in market prices for these products between January...
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Black grain trade decreased by more than 50 percent
Date: 2012-07-16 13:10:02
Black grain trade in Hungary decreased by more than 50 percent, following the 1 July introduction of the reverse VAT – Vancsura József, Chairman of the National Association of Cereal...
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Magazine: Preferential Sourcing System: economising and market opportunities
Date: 2012-07-16 12:43:42
VOSZ-BESZ Zrt. was founded by the National Association of Entrepreneurs and Employers (VOSZ). It worked out a Preferential Sourcing System (KBSZ): those companies that join the system provide SMEs with...
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In Europe we are the champions in price increases
Date: 2012-07-16 12:10:10
In the EU Member States, the harmonized consumer price index was 2.6 percent, in the euro zone it was lower: 2.4 percent. The EU’s statistics show that in Hungary this...
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Company establishments are weakening due to coupon offers
Date: 2012-07-16 11:55:28
The demand for company establishments are weakening for years: while before 2008 the number of businesses increased generally by 5-6 percent annually, it has fallen below 2 percent nowadays –...
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Melon exports started in Eastern Hungary
Date: 2012-07-16 11:40:23
Melon exports have started from the East-Hungarian region. The region's largest exporter company, the Nyíregyháza-based Rádium Kft. has shipped about 50 trucks of melons to the Northern European countries until...
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U.S. retail sales further declined in June
Date: 2012-07-16 11:00:02
Instead of the expected rise, the U.S. retail sales continued to decline in June – announced the United States Department of Commerce. After the 0.2 percent drop in May, sales...
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Is wine really the new energy drink?
Date: 2012-07-16 09:00:32
The active ingredient of red wine, the resveratrol increases physical performance, so Canadian researchers hope to use the ingredient in the form of stamina tablets. Resveratrol discovered long time ago...
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TV Eaters – IPTV on the Rise
Date: 2012-07-16 08:36:48
In Hungary leisure time at home has become synonymous with television viewing in the last 25-30 years. Watching TV is a typically passive activity for which content providers found no...
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VM: the chamber of agriculture will be the interest reconciliation forum of the entire agri-food industry
Date: 2012-07-13 14:00:18
The most important aim of the law on the Hungarian Agriculture, Food and Rural Economic Development Chamber is to create a unified agricultural chamber, in which farmers, processors and traders...
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Agricultural producer prices have increased by 1.8 percent
Date: 2012-07-13 13:10:24
In May, the producer price level of agricultural products rose by 1.8 percent, compared to the level of the previous year. The price of crop products fell by 1.7 percent,...
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The food industry increased beside declining industrial production
Date: 2012-07-13 12:55:55
In May, industrial production fell by 0.4 percent, compared to the previous year – the Central Statistical Office (KSH) announced on Friday. The working-days adjusted index shows a 1.9 percent...
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The promotion of Hungarian watermelon has started
Date: 2012-07-13 12:40:22
The promotion campaign of the Hungarian watermelon has started. The campaign aims to increase the consumption of watermelon, produced in Jász-Nagykun-Szolnok, and Szabolcs counties – said Budai Gyula Secretary of...
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Chamber of Agriculture: significant yield loss can occur in case of corn
Date: 2012-07-13 12:38:18
This year corn was cultivated on a record-size area on 1.262 million hectares in Hungary, and in early June, the experts expected a good harvest. According to the report of...
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Magazine: There are few strong cheese brands
Date: 2012-07-13 12:22:05
The 1-percent drop in volume sales and the 7-percent rise in value sales measured by Nielsen mean that despite growing cheese prices households try to maintain their consumption. Quality cheese...
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The Hungarian commercial real estate rents remained unchanged
Date: 2012-07-13 12:10:24
While the commercial real estate rents in Hong Kong increased by 19, in New York by 15 percent in the second quarter, and in Western Europe a shortage occurred of...
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Mihály Varga: We shall not yield ground on property tax and asset tax
Date: 2012-07-13 11:31:36
roperty tax and asset tax may be put on the table at IMF-EU talks, but Hungary will not yield ground on these”, Mihály Varga Minister without portfolio responsible for the...
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GMO corn seed found
Date: 2012-07-13 11:10:11
Several sources of Népszabadság have confirmed that GM seed has been planted in the ground this year, despite the modified controls and administrative practices, that aimed to avoid last year’s...
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Chinese product-problems -again
Date: 2012-07-13 09:03:13
Another milk scandal has begun in China: this time alkaline water mingled into the product of a Chinese manufacturer – announced the quality control office in Shanghai. The case affects...
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Summer fair against heatstroke
Date: 2012-07-13 09:01:56
It seems that the heat wave of July brings a discount wave as well. Traders attract customers with larger discounts than usual. The different stores are beginning the summer sales...
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Global catering security index from DuPont
Date: 2012-07-12 13:20:48
DuPont published a global catering security index – the company's statement says. The company entrusted the “Intelligence Unit” research group (EUI) of the Economist magazine with the development of the...
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Wheat has good quality this year
Date: 2012-07-12 12:55:58
Winter wheat harvest may be accomplished in a few days, as farmers have harvested more than 60 percent of the crop – said Fazekas Sándor Rural Development Minister in Karcag...
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Industrial production rose surprisingly, in the euro zone in May
Date: 2012-07-12 12:50:20
Contrary to expectations, industrial production increased in the euro zone in May – show the datas of the European Union's statistics office released on Thursday. In May industrial production was...
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Hungarian businesses are pessimistic
Date: 2012-07-12 12:49:39
Forint liquidity of Hungary's banking sector rose slightly in June, reflected mainly in an increase in lenders' deposits and a decline, close to nil, in central bank swap claims on...
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Chamber of Agriculture membership will be mandatory
Date: 2012-07-12 12:37:50
The new Chambers of Agriculture Law was adopted by the Parliament on Thursday. Under the law, anyone who carrying out agribusiness activities will be the member of the Hungarian Agricultural,...
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Feketelista.hu: a lot of winding up procedures in the first half of the year
Date: 2012-07-12 12:20:49
Earlier this year, 2.9 percent of all the businesses, 18,249 company owners decided to close their companies, with winding up procedures. This number is 61 percent more than a year...
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The commodity price of wheat is on peak
Date: 2012-07-12 11:25:18
The price of wheat is on peak, because of the domestic and U.S. news. One ton of wheat at the commodity exchange is subscribed for 65 thousand HUF for August,...
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Heat causes significant damage to the poultry production
Date: 2012-07-12 08:50:24
The extreme heat causes several billion HUF damages to the domestic poultry keepers, because the major part of the livestock – despite precautions introduced at the farms – die in...
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Most Hungarians opt for spa-places for holiday
Date: 2012-07-12 08:24:04
According to the datas of Szallas.hu, among the summer months we spend the most on holidays in August, an average of 76 thousand HUF. This year, the most popular holiday...
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Magazine: You can look, touch and taste
Date: 2012-07-11 13:38:45
Hostess promotions are an important element of the in-store communication media mix. We asked three experts Ágnes Csiby (managing director – In-store Team Kft.), Róbert Kufár (managing director – KRQ...
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