Market News
Agriculture committee calls for EU-wide action to save bees
Date: 2011-10-06 11:59:48
Rising bee mortality could devastate EU food production and environmental stability, Agriculture Committee MEPs warned on Thursday. An estimated 84% of plant species and 76% of food production in Europe...
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Accidents involving dangerous substances: more inspections, better information
Date: 2011-10-06 11:02:11
The EU has had legislation in place to prevent and control major accidents in the chemical industry since 1976, following an accident at a pesticides and herbicides plant in Seveso,...
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Kopint-Tárki: Hungary's GDP may rise between 0 to 1 percent next year
Date: 2011-10-05 13:20:37
Kopint-Tárki Economic Research Institute Inc. changed its 2012 growth forecast: after the 1.5 percent GDP growth this year, the previously forecasted 3.0 percent growth is expected to be be only...
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Ipsos: McDonald's and Coca-Cola are the best-known brands among young adults
Date: 2011-10-05 13:11:41
In the national survey , called “Young Adults” (F & F) Ipsos surveyed 585 youngsters between age 15-25 years. The research themes were the fast-food restaurants, the awareness of soft...
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Policy Agenda-Ipsos: the expectations of the SMEs worsened
Date: 2011-10-05 13:10:07
According to the survey of Policy Agenda-Ipsos survey, the expectations of the small and medium enterprises (SME) are on their lowest point. Company managers expect tougher crisis than in 2008....
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Euro zone retail sales fell in August
Date: 2011-10-05 12:41:51
The retail sales volume fell by 0.3 percent in the euro area in August, compared to the previous month, and is 1 percent below, compared to the same period of...
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Counterfeited food products in Hungary
Date: 2011-10-05 12:25:03
Honey, cream, milk – these products are considered to be the most counterfeited foodstuffs in Hungary. In general, we can find these products in the commodity markets, however the detection...
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The Mountain Centre may be open in autumn 2012
Date: 2011-10-05 12:20:40
The construction of Budapest's first environment conscious business center goes according to the plans. It can open its doors to the public in autumn 2012 in the 12th District of...
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Hungarian companies are willing to hire more people
Date: 2011-10-05 12:13:08
According to a new survey by Regus, most HUngarian companies are willing to hire more people, although their prospects for economic growth is no longer considered to be as positive...
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Hungarian mushroom production may be greatly increased
Date: 2011-10-05 11:34:31
Current Hungarian mushroom production can be increased significantly, in a favorable case it can even be doubled if technological devices used are being more up-to-date, and the traditionally used technologies...
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New tax by the Parliament
Date: 2011-10-04 15:55:52
Parliament has approved a sharp rise of taxes on gambling machines as of 1st NOVEMBER, and the introduction of a tax on online gambling as of January 1, 2012. The...
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Egg Association: feed prices are high, consumption decreases
Date: 2011-10-04 14:40:58
The rise in feed prices, the fall in consumption, overproduction, dumped imports are making the situation of egg production and egg market more difficult – said Thury Attila, Vice-Chairman of...
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NAV: zero-tolerance against VAT fraud
Date: 2011-10-04 14:15:46
The number of fiscal controls have increased at the big supermarket chains, but experts say most of the VAT disappears at small retailers. The number of official investigations significantly increased...
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Several professional organizations protest against the mall stop
Date: 2011-10-04 14:00:59
The Real Estate Developers Roundtable Association (IFK), the Hungarian Association of Shopping Centres (HBA) and the Federation of Employers and Industrialists (MGYOSZ) protest against the planned mall stop, because the...
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Szabolcs apple harvest decreased to its fifth due to the frost
Date: 2011-10-04 13:59:50
Last year, 232 thousand tons of apples was harvested in Szabolcs, this year the expected yield is only 46 thousand tons. Szabolcs-Szatmár-Bereg county gives two-thirds of the country's apple crop....
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Super broccoli that strenghtenes the immune system added to the British store shelves
Date: 2011-10-04 12:56:30
Super broccoli that protects against heart diseases and some cancers effectively was added to the store shelves of a leading British chain, from Tuesday. The miracle vegetable was deceloped by...
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VM: food chain, supervision fees will be simplified
Date: 2011-10-04 12:55:36
Instead of the former five-regulations the new ministerial decree will determinate the food chain administrative supervision service fees. With this, supervision becomes simpler and more coherent – told the Ministry...
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Customer trust is getting worse
Date: 2011-10-04 12:29:38
Whereas the FMCG market witnessed a significant decline in terms of volume in the first half of the year, clothing items sold quite well, the latest data from market research...
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The Árkád Szeged Shopping Centre opens today
Date: 2011-10-04 12:20:09
After one and a half year of construction the 100 million euros development of the Árkád Shopping Centre in Szeged opens today. More than 95 percent of the useful floor...
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Producers' market might have an easier time now
Date: 2011-10-04 11:38:06
According to a new survey by the Ministry of Rural Development, it is highly possible that manufacturers and producers will have an easier time opening their own market, and the...
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NGM: the trade surplus continues to grow
Date: 2011-10-03 13:30:31
The Ministry of National Economy expects a further, slow balance improvement and foreign trade surplus significantly higher than in the last year. The analysts polled by MTI agreed with the...
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German sugar prices may increase by one-third
Date: 2011-10-03 13:01:24
In Germany, the largest discount retail chain increased the price of sugar by 31 percent at the same time. The competitors will likely to follow the move as well, so...
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The oily products are taxed in Denmark
Date: 2011-10-03 13:01:12
From Saturday, all foods that contain harmful fatty acids are more expensive in Denmark. Before the introduction of the new tax Danes began to shopping in panic. It is the...
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The NAV against illegal spirits
Date: 2011-10-03 12:20:38
The National Tax and Customs Administration (NAV) carries out special checks in October and November to prevent the illegal trade of privately cooked spirits – annpunced the spokesman of the...
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Ipsos Global @dvisory: The Economic Pulse of the World
Date: 2011-10-03 11:05:20
major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic Pulse...
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The plaza stop proposal will soon to be decided
Date: 2011-09-30 15:21:32
LMP's plaza stop proposal will be continued to be discussed next Tuesday in the parliament. According to the idea, in the settlements under 100 thousand inhabitants it would be prohibited...
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Government Office: the multinationals often market low quality products in Hungary
Date: 2011-09-30 15:00:00
According to the Government Office of Budapest; the multinationals companies often market low quality products in Hungary, than in Western Europe. At some of the products, including baby food and...
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Cereals and oilseeds may be taken under the reverse VAT
Date: 2011-09-30 14:35:19
It is expected that cereals and oilseeds will be inserted into the reserved VAT category – announced the Ministry of Rural Development. The Communication recalls that within the cereal sector...
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Fish production on a developmental trail
Date: 2011-09-30 14:00:48
In recent years, the Hungarian fish production is on a developmental track, after Hungary received significant funds from the resources of the Fisheries Operational Program. Bognár Lajos, Deputy Secretary of...
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Hundred thousands of pigs in Hungary
Date: 2011-09-30 12:20:48
The government’s pork sector strategy is based on the doubling of the pig population with 6000-800 thousand pigs. The first step of the strategy is to increase the domestic pig...
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