Market News
Country risk assessments review : Improvement in Japan and the United States, but euro zone risk on the rise
Date: 2012-04-26 13:15:41
In Coface’s view, the world economy is presently marked by divergence between the three major advanced zones: the economic contraction in the euro zone is worsening (-0.3% currently forecast in...
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23.8 billion euros were invested on the commercial real estate markets of Europe in the first quarter
Date: 2012-04-26 13:13:27
The moderate investment turnover reflected the seasonal slowdown on the European commercial real estate sales market in early 2012 – states CB Richard Ellis global real estate consultant in its...
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Regular consumer protection inspections to be carried out in the chains in the capital
Date: 2012-04-26 13:12:11
The consumer protection inspections will continue and will be regular in the future to provide appropriate quality and standard to the customers – emphasized Pesti Imre, Government Office commissioner of...
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MNB expects reducing consumption beside declining incomes
Date: 2012-04-26 13:12:11
In 2012, the stagnation of the economy is expected, growth only starts in 2013 – writes the Hungarian National Bank (MNB). Domestic demand remains low, growth is dragged by exports....
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The participants of the meat black market can expect continous harassment
Date: 2012-04-26 13:10:42
According to news from Brussels, meat processors and pig farmers, cannot expect improvement, because the situation of pig breeding will not change basically – was said at the meeting of...
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Unexpected success of the employment program
Date: 2012-04-26 12:42:23
Fourteen disadvantaged job seekers found their safe workplace during an employment assistance program in Gödöllő. The GAK Nonprofit Kft. and its and consortium partners launched the project supported by the...
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China wants to double its trade turnover in Poland
Date: 2012-04-26 12:40:22
China in the next five years wants to double trade flows in Poland – said Wen Jiabao, China's prime minister on Thursday in Warsaw, Poland in his opening speech at...
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Fake-labeled cans were seized by the authorities in Tolna county
Date: 2012-04-26 12:35:06
More than 35 thousand fake-labeled bottles of cucumbers and green tomatoes and canned goods were seized by the authorities in Tolna county – told the National Food Chain Safety Office...
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ÉFOSZ: the performance of the Hungarian food industry increased last year
Date: 2012-04-25 13:52:17
The economic performance of the Hungarian food industry increased last year. According to preliminary datas, it was 2 percent above the 2010 levels – said Éder Tamás, president of the...
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The Széll Kálmán Plan 2.0 calculates with reverse VAT
Date: 2012-04-25 13:50:25
The Széll Kálmán Plan 2.0 program mostly affects the food economy with the introduction of reverse taxation, beyond the planned rule changes The reserse VAT is designed to be introduced...
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No GMO food found
Date: 2012-04-25 13:40:15
The authorities tested 146, mainly rice, corn, soy and flax containing products, but could not find any food that does not meet the GM specifications. The laboratories of the National...
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We buy more with less credit cards
Date: 2012-04-25 13:30:15
The number of credit cards issued in Hungary declined by almost nine percent last year, due to the difficult macroeconomic environment and the public indebtedness. However, the purchase turnover has...
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Milk misconceptions
Date: 2012-04-25 13:21:35
Despite the fact that households with children consume 30 percent more milk, and they consume 5-6 times more often and occasionally one liter more milk than the, average, according to...
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The contribution of compensation should be paid on the basis of the decision of MVH
Date: 2012-04-25 13:20:00
The farmers should pay the contribution of compensation until the 15th of September to the mitigation account of the Agricultural and Rural Development (MVH). The MVH will send the exact...
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Special milk support can be claimed until May 15
Date: 2012-04-25 12:40:22
Those dairy farmers whose farms are situated in economically vulnerable or environmentally sensitive areas can apply for special milk support associated with special treatment of the disadvantages from the Agriculture...
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Hungarian ideas for environment-friendly transport
Date: 2012-04-24 12:48:08
Alternative fuelled vehicles constructed by Hungarian university teams were presented on 23 April, 2012 in the driving technology centre of Hungaroring. The apparatuses that were available for on-site testing will...
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KSH: retail sales decreased in February
Date: 2012-04-24 12:40:20
After the slight increase of January (0.6 percent), retail sales in February fell by 1.4 percent, so in the first two monthsof the year, retail sales were 0.4 percent lower,...
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Active agricultural diplomacy can help the Hungarian agriculture
Date: 2012-04-24 12:36:07
The active agricultural diplomacy can help the Hungarian agriculture to strengthen its position – stated the lecturers of the Sector Challenges of the Hungarian Foreign Policy – Agriculture conference in...
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Eurostat: online retailing is expanding steadily
Date: 2012-04-24 12:35:44
According to the latest Eurostat datas, consumers increasingly trust in internet purchasing. More than a third of the EU's population purchased via the Internet last year in the three months...
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The Árkád will be the largest shopping center
Date: 2012-04-24 12:34:28
The Árkád will be the largest Hungarian shopping center, after a 20 thousand square meters enlargement. The Árkád 2 shopping center will be completed next March, while the Árkád 1...
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A Chinese food certification company may be created in Hungary
Date: 2012-04-24 12:30:16
A regional Chinese food certification company can be created in Hungary, and a joint procurement and cultivation company may also come – informed Fazekas Sándor, Rural Development Minister MTI on...
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Polish beer exports broke record
Date: 2012-04-24 12:06:40
According to the forecats of the Polish Statistical Office (GUS) the value of exports last year reached 76.7 million euros, of which more than 16 percent of sales comes from...
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The Hungarian product draft regulation awaits for EU approval
Date: 2012-04-23 13:10:57
Gyaraky Zoltán, the ministry's head of department told MTI that with the regulation the Ministry would help to stimulate the voluntary food labeling of Hungarian products. The Rural Development Ministry...
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GKI-Erste’s economic index stagnated in April
Date: 2012-04-23 13:00:24
The seasonally adjusted value of the GKI-Erste economic index in April stayed on the level of March. According to the GKI Economic Research Co., in the business sector a minimal...
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Fake primary producers on the fruit and vegetable market
Date: 2012-04-23 12:20:25
The two priority areas of the National Food Chain Safety Office (NÉBIH) and the county government offices to filter out the fake primary producers filtering, and the investigation of the...
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MADOSZ the decline of tobacco-growing areas can stop
Date: 2012-04-23 12:05:34
According to the Hungarian Tobacco Farmers Association (MADOSZ), the decline of tobacco-growing areas can stop this year. The farmers are expected to plant 4800 hectares, such as in last year...
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China is world leader in food consumption
Date: 2012-04-23 10:08:04
According to a recent British study, food consumption in China overtook the food consumption of the United States. According to the datas of IGD, in 2011, Chinese food stores reached...
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Petition to resolve crisis after Malév grounding
Date: 2012-04-23 10:01:53
Local officials from about thirty communities around Liszt Ferenc International Airport Budapest, along with their representatives in Parliament, have signed a declaration calling for measures to resolve a crisis resulting...
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Hungarian Postal Service signing a contract with Synergon's subsidiary
Date: 2012-04-23 09:13:47
Hungarian IT company Synergon aims to raise its consolidated annual revenue to around HUF 30bn in 2-3 years and wants to expand abroad, through organic growth or with acquisitions. ynergon...
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The first shipment of Chinese cabbage from Hungary set sail to Russia
Date: 2012-04-20 13:27:48
After the successful export of Hungarian apples, the first shipment of fresh Chinese cabbage has been launched for the order of the Magnit group – informed the Ministry of Rural...
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