Market News
The downturn of retail continues
Date: 2010-07-27 00:06:01
The retail sales volume – adjusted from the calendar effects – in the first five months of this year – also in May – both decreased by 4.7 percent, compared...
Read more
The Company managers are fearing from newer recession
Date: 2010-07-27 00:05:59
According to the survey of Economist Intelligence Unit (EIU); One-third of the surveyed 680 executives marked the newer recession as the main concern of the next half year. Fearing from...
Read more
Secondary controls
Date: 2010-07-27 00:04:02
The secondary conrols of food put undue administrative burden on the food distributors and it is doubtful whether its reaches its goal – say several food distributors to MTI. "It...
Read more
The luxury brands are expanding
Date: 2010-07-27 00:02:01
The luxury brands were the most active last year on the global retail market. According to the survey of CB Richard Ellis; the luxury brands expanded the most in the...
Read more
Hungarian companies with Slovak head office may return to Hungary
Date: 2010-07-27 00:01:39
With the extension of the 10 percent corporate tax, the domestic business environment will improve. Thus, it is not impossible that the Slovakian companies will choose Hungary – said Dávid...
Read more
Improving business, deteriorating consumer expectations
Date: 2010-07-26 00:03:02
In July, the seasonally adjusted value of GKI’s economic activity index remained unchanged The value of the GKI consumer confidence index increased sharply after the low point of April 2009...
Read more
The climate protection would bring economic recovery
Date: 2010-07-26 00:02:25
The EU's ambitious climate protection objectives may result in new jobs and green economic recovery. According to the climate report of the European Commission; the reduction of greenhouse gases would...
Read more
Flour is getting more expensive
Date: 2010-07-26 00:01:59
Due to the heat, flour and feed prices increased in the recent weeks, but bread prices are expected to remain the same, due to the unchanged energy and labor costs....
Read more
Commercial chains to conqer Croatia
Date: 2010-07-26 00:01:25
A dozen of international trade supply chain will open stores in Croatia in the near future, some brands overtook other European countries with their appearance. According to Croatian press reports;...
Read more
Credit cards shine in their past light
Date: 2010-07-26 00:00:59
Credit card owners, after the end of the crisis pay their debts more precisely and also spend more, which can already be seen in the profits of the world's largest...
Read more
Euro area’s industrial orders show great optimism
Date: 2010-07-23 00:04:21
The largest increase of the last ten years occured in Euro area’s industrial orders, this May. The Eurostat – the EU's statistical office – published its datas over the euro...
Read more
Eco-innovation project for SMEs
Date: 2010-07-23 00:04:18
The Small and Medium Enterprises can submit their applications until the 9th of September for the European Union's Eco-innovation competition – states the Ministry of National Economy (NGM). The European...
Read more
Lack of capital all around the world
Date: 2010-07-23 00:04:15
The foreign capital investments, after the 15 percent decline of 2008, last year decreased by 40 percent worldwide – said Simai Mihály Professor of MTA’s Institute for World Economics. He...
Read more
Smaller traffic – less fake
Date: 2010-07-23 00:04:12
Due to the decline in international trade, less counterfeit goods were marketed in the European Union. According to the communication of Brussels, the volume of counterfeit goods declined by one...
Read more
No pardon for poor food distributors
Date: 2010-07-22 00:06:25
The legislation over secondary food inspection entered into force on the 21st of July, which aims to prevent the distribution of poor quality food into the domestic market – told...
Read more
Cautious optimism in the commercial property market
Date: 2010-07-22 00:05:02
According to the latest survey of Colliers International; For the first half of 2010, cautious optimism occured in the commercial property market. The rents have stabilized, the bargaining positions currently...
Read more
The bakeries are hit by price increase of flour
Date: 2010-07-22 00:01:19
If the Hungarian flour is too expensive, the bakers are buying cheaper foreign flour. They are considering to turn to the Economic Competition Authority, because it is suspicious, that almost...
Read more
Consumer groups in the sight of GVH again
Date: 2010-07-22 00:00:59
The businesses organizing consumer groups in their adverts misleading the consumers, showing the impression that they provide loan. The Competition Authority (GVH) prohibited two further companies from the communication of...
Read more
China overtook the United States in energy consumption
Date: 2010-07-22 00:00:32
According to the datas of the International Energy Agency (IEA); China consumes the most energy on Earth. China took the leadership, from the previous world leader the United States last...
Read more
After the poor season start the heat brings the guests
Date: 2010-07-21 00:05:02
The country's biggest tourism operators reported decline in the first five months of the year. But because of the increased heat, the number of guests also increased. The experts and...
Read more
The electronics market started well in 2010 globally
Date: 2010-07-21 00:04:02
According to the statement of GfK Hungária; A significant growth occured worldwide in the electronics market (consumer electronics, IT, photography and telecommunications), in the first quarter of 2010. The electronics...
Read more
Advertising market shrank by a quarter in Central and Eastern Europe
Date: 2010-07-21 00:03:01
Zenith Optimedia predicts a 3.5 percent growth in 2010 on the global advertising market. No longer to be deal with great breakdown, but some countries will be trouble. Unfortunately, for...
Read more
Secondary import controls
Date: 2010-07-20 00:03:01
From today food importers should provide detailed datas over prices, consume time limits, sources of supply. The secondary import controls aims to eliminate the low quality or dangerous items. Two...
Read more
Increasing consumption may accelerate Central and Eastern Europe
Date: 2010-07-20 00:02:58
Acccording to the experts of the Vienna-based Erste Group; consumption will be less vulnerable next year. This may boost the Central and Eastern European region’s economy. In Central and Eastern...
Read more
Wine Marketing campaign again
Date: 2010-07-20 00:02:01
The Wine Marketing Community launches a campaign to increase awareness of Hungarian wines. The target group is watching television. The key element of the campaign is a 30-second TV commercial,...
Read more
Ten-year plan in agriculture: the Hungarikum law to come
Date: 2010-07-20 00:01:58
The Ministry of Rural Development prepares a ten year agri concept – announced Fazekas Sándor, leader of the rural development ministry. The concept of the Ministry will include those tasks,...
Read more
The red wine protects the heart
Date: 2010-07-20 00:00:25
Among those who are on Mediterranean diet, the”bad” LDL cholesterol blood levels are lower on an average, and overweight is also less common among them. Although the French cuisine uses...
Read more
After sluggish start, encouraging continuation- the brewers are optimistic
Date: 2010-07-19 00:04:16
Beer manufacturers disliked the relatively cold spring and cold early summer, but in the context of the current heat wave – beer consumption increased during the soccer World Cup –...
Read more
The most modern slaughterhouse waste sterilization plant is under constuction
Date: 2010-07-19 00:01:20
Bencsik János Inner Economic Secretary of State layed down the cornerstone of the Szarvas-based biogas plant thaqt will be built from 3.9 billion HUF. The biogas plant will be the...
Read more
Heat changes shopping habits
Date: 2010-07-16 00:05:59
The heat fundamentally changed the buying habits. The customers visit the stores early in the morning and late afternoon or if it is possible, in the evening. Many people visit...
Read more
