Market News
CSR planning in Hungary
Date: 2011-05-25 08:15:47
Although in core business practice most leaders are aware of the fact that information needs to be acquired from a wide range of sources, decision makers in corporate enterprises seem...
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Moet Hennessy starts a new venture in China: sparkling wine
Date: 2011-05-25 07:27:04
French luxury giant LVMH Moet Hennessy Louis Vuitton embarks on a new venture in China — produce and sell high-end sparkling wine under its Chandon label. Moet Hennessy, the wine...
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Retail and agriculture have entered the danger zone
Date: 2011-05-25 00:41:15
In the first quarter of 2011 the number of insolvency procedures grew by 27 percent. This rate is higher than forecasted and Coface Hungary’s opinion is that it is because...
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OKSZ calls for the reduction of VAT
Date: 2011-05-24 14:00:23
According to the National Trade Association (OKSZ); the higher inflation is the main, that domestic consumption has not followed the growth of GDP in the first-quarter of 2011. The OKSZ...
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Retail still in trouble
Date: 2011-05-24 13:40:36
The retail sales in March shrank, compared to both the previous month, and the same period of last year. The flash report of the Central Statistical Office shows: the new...
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Ranking of competitiveness may improve
Date: 2011-05-24 13:17:02
“According to an international ranking of competitiveness published last week Hungary has a worse ranking than it did this time last year. Even though there is no possibility to face...
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The consumption of cheese specialties is concentrated to Budapest
Date: 2011-05-24 10:35:50
According to Gfk Hungária’s ConsumerScan, the more special a type of cheese is, the more Budapest-centred its consumption is; small towns and villages are strong in processed cheese consumption. Practically...
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Flexible working hours should be reflected by income
Date: 2011-05-24 08:38:41
This report identifies the three Vs: Virtual, adVantage and Value that will define the benefits of agile working as it emerges over the next decade. As the concept of ‘virtuality’...
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Star of Eger: A new brand in the Eger wine region
Date: 2011-05-23 14:36:39
The Bull's Blood (Egri Bikavér) is one of the best-known brand name: As one hear the name of the the bulky spicy red cuvée wine, it reminds everyone to Gárdonyi,...
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Tender for the disabled-friendly workspace
Date: 2011-05-23 12:00:04
Employers may apply continuously for the disabled-friendly workspace title, awarded by the Ministry of National Resources, and non-governmental organizations. Who wants to receive the title already in 2011 should certify...
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Consumer confidence deteriorated
Date: 2011-05-23 08:17:49
GKI's combined monthly gauge of business and consumer confidence prepared jointly with Erste Bank fell again in May as an April improvement proved only temporary. The index, prepared with European...
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The Agri Széchenyi Card to be launched
Date: 2011-05-20 13:36:24
The ministerial order over the introduction of the Agri Széchenyi Card has been published. The program will offer help to small producers hit by the economic crisis or damages caused...
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Increasingly stringent corporate lending
Date: 2011-05-20 13:22:04
Corporate lendings tightened since February, and the banks can not promise substantial loosening in the next period. According to the survey of the Hungarian National Bank (MNB); some major players...
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Night of the thousand lanterns: lost children on milk cases
Date: 2011-05-20 13:04:53
The picture of four children, missing for years can be seen on 400 thousand milk boxes and 10 thousand other product packagings from Thursday. In the unique action, which is...
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Hungarian wines during the Polish EU presidency
Date: 2011-05-20 11:59:06
Hungarian wines will be served during the Polish EU presidency, that will last in the second half of 2011. Bakos Piroska EU spokesperson announced via Twitter, that the Hungarian wines...
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GfK Hungaria: Hungarian costumers are getting more conscious and price sensitive
Date: 2011-05-19 13:20:54
The Hungarian costumers have become more conscious and price sensitive, due to the economic crisis, and the shopping occasions became even more planned – shows the research of GfK Hungária....
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The farmers of Rábaköz cooperate to build a sugar factory
Date: 2011-05-19 13:00:18
The farmers of Rábaköz want to produce for the domestic market and for non-EU countries, and also considering the construction of a factory. Before the EU accession dozens of factories...
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Hungary slipped back five places on the competitiveness list
Date: 2011-05-19 12:55:05
The Swiss IMD Institute's 2011 world competitiveness ranking has been published. Hungary slipped back five places on the competitiveness list standing in the 47th position. Hungary stood in the ranking...
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The Hungarian walnut harvest may double
Date: 2011-05-19 12:54:22
The Hungarian walnut is popular in the world market, because of its good quality. Last year 1,000 tons of it was exported – said Bognár Károly, ambassador of the International...
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Tough price competition in the advertising industry
Date: 2011-05-19 12:54:15
Only a few tenders, cutthroat price competition, and if there is an order, it is mostly an ad hoc order, not a long-term brand building campaign. Because of the shrinking...
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The European Commission would get rid of the plastic bags
Date: 2011-05-19 12:11:49
The European Commission calls upon the public's opinion, how to get rid of the plastic bags. The issues include, whether they should prohibit their use. The Commission will collect the...
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Manufacturer brands dominate the hair spray market
Date: 2011-05-19 11:50:02
Retail sales of the best-selling hair care categories were stable in terms of value in the March 2010-February 2011 period. Manufacturer brands were in a relatively good position with an...
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The greenest project launched in Hungary
Date: 2011-05-19 09:43:05
The basis of the greenest officebuilding of the city centre has been laid today. Ambassador of Sweden Cecilia Björner, mayor of the 13th district Dr József Tóth and vice-president of...
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Retro 6: ruled and graph exercise books
Date: 2011-05-18 23:31:54
I remember when I was a child, every autumn I was really excited about how many ruled and graph exercise I would have in the new school year. Lines and...
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National products in Europe
Date: 2011-05-18 12:46:24
In Hungary the transformation of new or old brands is usually carried out by large multinational companies as the costs of innovation and advertising are high. Experience is that domestic...
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KSH: net earnings increased by three and a half percent
Date: 2011-05-18 12:40:14
In the first three months of 2011, gross average earnings increased by 1.5 percent, while net earnings, without taking the family allowances into account increased by 3.5 percent compared to...
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Rivaling chamber drafts
Date: 2011-05-18 12:38:56
The chamber draft of the Chamber of Industry and the bill of the Ministry of Rural Development rival with each other. It appears that the draft of the Chamber of...
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Margarine and cooking oil prices may increase due to weak colza crop
Date: 2011-05-18 12:20:01
Partly due to the low spring rainfall, the European Union's colza production may decrease to 19.5 million tonnes, from last year's 20.59 million tonnes. This can be the lowest level...
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A kilogram of cherry from Nagykörű is around 400 HUF
Date: 2011-05-18 12:19:44
The May frosts spared, but the drought in March significantly thinned the crop in Nagykörű, which is the largest cherry growing area of the country – told Veres Nándor mayor...
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Prosperity may continue in the global economy
Date: 2011-05-18 12:17:09
According to ifo's research; slight, but further improvement occurred in the economic sentiment indicator for the second quarter of 2011. According to the survey of the Munich- based ifo Institute...
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