Market News
GfK: Worsening economic forecasts cause uncertainty among European consumers
Date: 2012-02-23 13:04:08
New rescue packages, uncertainty about further developments in Greece, Italy and France and the prospects of poorer economic development in 2012 are all heightening the anxiety of European consumers. This...
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Economic forecast: GDP will stagnate in the EU a slight fall will occur in the euro area this year
Date: 2012-02-23 12:30:40
The real value of the GDP in the EU 27 will stagnate this year, in the Euro Area containing 17 EU Member States a 0.3 percent drop is expected –...
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Not the school canteens are responsible for the obesity of school students
Date: 2012-02-23 12:18:47
Authorities are trying to banish soft drinks and hamburgers, containing to much sugar, salt and fat from the American educational institutions, because they believed that school students become fat, because...
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Ministry of National Economy: the ECE has not called for exemption under the mall stop
Date: 2012-02-23 12:15:05
The ECE that is planning to build a 140 thousand square meters mall in Óbuda, has not yet applied for exemption from the plaza stop – said the Ministry of...
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A mall is under construction in Óbuda
Date: 2012-02-23 12:14:17
A shopping center can be built between the Szentendrei Road and the Filatori Dam train stop. Roads an utilities will be renewedstored, and the proportion of green areas will be...
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The majority of companies in the meat industry has not implemented the wage compensation
Date: 2012-02-23 12:12:39
The expected wage increases, wage compensation has not implemented by most of the meat industrial companies, or could not perform in the areas of trade unions – told the Meat...
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Anuga FoodTec: Future packaging will be expected to fulfil rigorous requirements
Date: 2012-02-23 10:35:38
At present, food packaging tends to get judged in terms of three criteria: the environment, marketing and functionality. Packaging and packaging technology have been around for over 100 years now....
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Nielsen: Consumers find advertising on tablets more acceptable
Date: 2012-02-23 10:29:56
Consumers find advertising on tablets more acceptable, more memorable and more enticing than advertising on smartphones, according to the latest UK Connected Devices report from information and measurement firm Nielsen....
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Domestic industrial orders did not develop well in December
Date: 2012-02-22 14:40:05
While in the European Union and in the euro area new industrial orders increased in December, in Hungary they decreased in the greatest extent –told Eurostat. The new industrial orders...
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Poultry-products are getting more and more expensive
Date: 2012-02-22 14:07:21
In a couple of weeks, poultry prices will see a significant change in prices. According to pre-calculations of the Poultry Product Council (BTT), chicken and turkey may get 40-50 HUF...
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The European Commission proposes to freeze 495 million euros worth cohesion fundings
Date: 2012-02-22 14:00:13
The Commission proposes to suspend the disbursement of 495 million euros (142 billion HUF) worth cohesion fundings to Hungary from next January, because Hungary has failed to fulfill obligations of...
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NGM: The number of employees in the private sector increased by 25 thousand in 2011
Date: 2012-02-22 13:42:55
In the January-December period, the number of employees increased significantly in the private sector by 25 thousand at companies that have at least five employees, while at the financial institutions...
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Textiles are the hit products of illegal trade
Date: 2012-02-22 13:00:08
Despite the highest rate of VAT in the EU, according to the experiences to the tax authority, the market of cigarettes and fuel are getting cleared, but hackery increased with...
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Slovakia is the least self-sufficient country within the EU
Date: 2012-02-22 12:40:26
Slovakia imports too much food and the country should follow a path of greater self-sufficiency, it is the country with the lowest rate of self-sufficiency within the entire European Union...
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The position of the Government of Hungary on the proposal adopted by the European Commission today
Date: 2012-02-22 10:52:41
The European Commission today issued a proposal to suspend in part the commitments from the Cohesion Fund for Hungary in 2013. Our government regards it as an unfounded and unfair...
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Analysts: wage growth is expected this year
Date: 2012-02-21 12:40:41
Gross wages increased better than expected in last December and this year due to the minimum wage increase and the recommended salary increases strong gross wages growth is expected, this...
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GfK: the tobacco law may result in the losses of jobs in retail
Date: 2012-02-21 12:33:04
According to the GfK Market Research Institute; the tobacco law may result in the termination of up to 15 thousand jobs in retail. The new system ócan result the expansion...
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Coface: the proportion of risky companies reduced last year
Date: 2012-02-21 12:25:46
Last year, the number of risky companies in Hungary decreased to 49.84 percent from the 51.36 percent, of the previous year, so the Hungarian companies appear to be less risky,...
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Hamburger from stem cells
Date: 2012-02-21 12:04:49
The researchers of the Maastricht University promise to produce the first hamburgers, which are not made of cattle for the next fall. Mark Post, researcher of Maastricht University talked about...
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Magazine: An opening to the Arab world
Date: 2012-02-21 11:42:56
Last autumn the Arab-Hungarian Association for Fostering Bilateral Economic Cooperation was established. President Dr György János Kiss, member of the board Abdulrahman Raad and funding member Márta Szabó told our...
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Hungary has sent its answers to the European Commission
Date: 2012-02-20 12:45:14
The Hungarian Government submitted to the European Commission today, within the requested deadline, its responses in the three infringement procedures initiated in January (the independence of the Hungarian National Bank...
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The exemption rules from the mall stop can be found on the site of the government
Date: 2012-02-20 12:32:00
According to the law amendment, that came into force in January, until the 31st of December 2014, commercial buildings over 300 square meters can not established or expanded. The Minister...
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Fazekas: balance is need between livestock and crop production
Date: 2012-02-20 12:28:14
The Ministry considers to restore the imbalance between animal husbandry and crop production as a priority task. An important role will await those farmers, who produce on state fields as...
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Magazine: High-turnover dairy products’ market positions generally improved
Date: 2012-02-20 12:25:40
Value sales of cheese, fruit yoghurt, sour cream, curd, butter, kefir and plain yoghurt climbed 2-12 percent in December 2010-September 2011, from the previous comparable period. Total annual sales of...
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Tobacco retail – the Parliament is waiting for Brussels
Date: 2012-02-20 12:20:23
The final vote on tobacco retail sails is expected to be postponed again. Fidesz seeks for the opinion of the EU. The Constitutional Affairs Committee on Monday – with 19...
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Commentary to the Hungarian Constitution published in English
Date: 2012-02-20 12:06:28
Hungary's Institute of Public Administration has published a volume of commentaries by legal experts to Hungary's new constitution in English, state secretary for justice Bence Retvari said at the book's...
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Proposals are waited for the hungarikums of Vas county
Date: 2012-02-20 12:05:48
This week, the Hungaricum law is discussed by the National Assembly, connection to the mapping of Vas county’s individually interesting products has started – enter the Radio Szombathely news release...
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The online trade of luxury products is flourishing in China
Date: 2012-02-20 12:05:31
Almost 70 percent increase occurred in the online trade of luxury goods in 2011 in China. In the forthcoming years, an annual 30 percent growth is expected. The online trade...
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OTP is helping young farmers
Date: 2012-02-20 11:52:34
OTP Bank and AGRYIA (the Hungarian Association of Young Farmers has signed the contract of co-operation for 2012. The main goal of the two associations is to invite new generations...
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