Market News

The EU about to export fruit more easily to Russia

The European Union has made a revolutionary agreement with Russia – they have unified the regulations regarding the maximum allowed amount of pesticides in food. The agreement concerns fruits like...

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Destination centers instead of malls

For retail real estate development it is no longer enough to have a clean concept. The developers need to examine the shopping habbits, the purchasing power and the location of...

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Cool weather is not favourable for beer consumption

After last year’s throw-back of 90%, the cool early summer further worsened the sales statistics. It can not be foreclosed the by the time of annual data comparison, there will...

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No more ’ten-eggs’ or ’four-apples’?

The latest proposal of the European Parliament would put an end to food distribution based on number of pieces. Instead, the volume of the product would be indicated on the...

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American consumers are optimistic

Consumer sentiment in the US has reached an unexpected peak since January 2008. Besides, the number of layoffs has remarkably decreased since the same period last year. The Michigan consumer...

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VAT rise in Romania

The amount of the value-added tax has been increased from 19 to 24 percent in Romania according to a governmental decision. The immediate tax increase was neccessary, because the Romanian...

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The majority, benefitted from globalization

The survey of Ipsos, that was made for www.canada.com with the participation of 18,624 adult respondents, living in 24 countries, representing the 75 percent of the world's GDP. In context...

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U.S. growth datas were smaller than expected

Compared to the first estimations; U.S. GDP grew by 2.7 percent annually in the the first quarter – reports the U.S. Ministry of Commerce. In late April, the ministry has...

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The shrinkage of retail continues

The volume of retail sales – adjusted from calendary effect – decreased by 4.7, percent in the first four months of 2010 and by 5 percent in April, compared to...

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How we can distill pálinka

Although many hoped that anyone can buy fruits on the market and distill pálinka on balconies or in garages – at least according to the national ministry’s proposals there will...

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Euro area is slowing down

The preliminary estimates suggest that the growth in the euro area slowed in June, both in the the manufacturing and services sectors. The performance of the manufacturing index was 55.6...

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Slovakian customers rush still not coming

The weakening of the forint not yet excited those euro-paying customers, who live near the Hungarian-Slovakian border on the Slovak side. In the recent weeks Hungarians had to get used...

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Product labeling: the producers are satisfied, the consumer protection is not

The food industry lobby won – say the consumer protectionists, who sharply criticized the new rules of the European Union, over food products labeling. The scheme is that all countries...

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ÉFOSZ made a denouncement

The food industral lobby organisation denunced three chain of stores, because they think they violated the law. Datas were collecting for weeks. According to the informations of the Népszabadság;  ÉFOSZ...

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Brand building and community sites

Consumers are more likely to visit the web site of a packed product, than became the followers of the brand on Twitter or on Facebook – shows the online survey...

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No reduction in renting fees in the shopping markets

Jones Lang LaSalle presents the latest Shopping Market Rental Map, which illustrates the current market conditions in Europe, taking an insight into the rent levels of the major shopping centers...

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Wine lovers drink wine instead of beer during the word cup

According to the survey of Varga Winery and Vinoport.hu; more than 70 percent of the wine lovers drinks wine or wine and soda, instead of beer, even during the football...

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Waste coordinating union was founded

The RECOMPLEX founded by the eight leading domestic selective collection and recovery coordinating organisations, offering a complex service of selective collection and recovery. The RECOMPLEX Treatment Organizations Coordinating Association deals...

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New concept for the pálinka distilling

The planned domestic legislation of pálinka distillation envisaged by the government, contradicts the EU law. According to the plans of the goverment the new regulation would treat pálinka as not...

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Hungarian company to build hotel complex at a Serbia Cave

Hungarian company is also interested in the hotel complex that will be built at the eastern Serbian Resavska cave – informed the competent office of Despotovac district. The Resavskai Cave...

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This year's cherry crop has poor quality

The harvested cherry is larger, but has a lower quality. The harvest in Nagykörű, which known as the cherry garden of the country is near completion. As far as sales...

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Business sentiment in Germany is on its two year peak

In Germany, the index, indicating the business sentiment, increased to its two year peak in June. According to the communication of the Ifo Economic Research Institute, released on Tuesday in...

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We are still not closer to the EU average after seven years

According to preliminary datas of the European Union's statistical office in Hungary last year, the per capita GDP was the 63 percentn of the EU average. his also means that...

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The qualification requirements were abolished in several commercial professions

One of the last step of the Bajnai government was the abolition of qualification requirements, at a part of the commercial professions. According to the trade unions; these steps downgrade...

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The Agrobank and the Compensation Fund can help the flooded farmers

The agriculture sector could be the biggest loser of this year’s flooding – said Font Sándor the chairman of the agriculture committee of the National Assembly in Duna TV’s morning...

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European origin protection for the Gyulai and Csabai sausages

The European Commission declared Gyulai and Csabai sausages as protected products – announced on Monday in Brussels. Both products were listed under 2-2 names (Csabai sausage and Csabai thick sausage,...

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Széchenyi Card: the 50 million HUF ceiling to come

The government, because of the success of the Széchenyi Card program would once again raise the ceiling of the available credit to 50 million HUF. In the last one and...

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Hungary’s petfood export is fourth in the EU

Hungary’s petfood export is fourth in the EU Member States and the seventh larger in the world. According to the datas of the Hungarian Petfood Union; 75 billion HUF worth...

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Europe worries about unemployment

The labor market situation is still the most pressing issue for the European nations. In the survey of GfK Association, the population of 8 out of the 11 countries, worry...

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China loses ten billions of USD on objectionable products

The Chinese exporters because of “technical obstacles”, and complaints suffered a loss of a total 57 billion USD last year – states the survey of China's Quality Control High Authority....

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