Market News
Purchase Hungarian products!
Date: 2011-12-16 11:33:32
Veddamagyart.info is a Hungarian website promoting the purchase of Hungarian products. Purchasing local product has turned out to be a conscious and trendy customer attitude in the past few years,...
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Hungarian Grey cattle meat under protection
Date: 2011-12-15 13:30:29
The European Commission has registered the “Hungarian Grey cattle meat” into the register of protected and designations of origin geographical indications – told the Ministry of Rural Development (VM) to...
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The price of pork may exceed 400 HUF
Date: 2011-12-15 13:10:56
The price of live pigs could stop, but it has not yet built in in the transfer prices, so continuous price increase of meat and meat products is expected in...
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Hungary's GDP per capita is under the two-thirds of the EU average
Date: 2011-12-15 13:00:05
The per capita GDP in 2010, was 64.7 percent of the EU average in Hungary – reported the Central Statistical Office (KSH). In Hungary, the per capita GDP calculated on...
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Forty-seven tons of cargo was withdrawn by inspectors
Date: 2011-12-15 12:30:52
During the first phase of the winter food chain control – which took place between November 21 and December 4 – food security professionals withdrew a total of 46.7 tonnes...
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Christmas shopping in Italy: more for less money
Date: 2011-12-15 12:10:35
Italians are buying gifts to each other this Christmas in the spirit of saving – states the survey of the Confesercenti trade association. Every Italian buys 6-10 gifts for the...
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The Poultry Product Board complained Four Paws at the Competition Authority
Date: 2011-12-14 13:53:56
Notifications were made by the Poultry Product Board to the Competition Authority (GVH), against the Budapest-based Four Paws (NM) Foundation, because the Four Paws with its discreditingcampaign misleads the consumers...
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KSH: increase in grain prices moderated in October
Date: 2011-12-14 13:50:11
The agricultural producer price level in October was 13.4 percent higher than a year ago. The producer price the plant products increased by 12 percent, the producer price of live...
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The VM launches a sheep and cattle-breeders support program
Date: 2011-12-14 13:10:42
2013 will be the peak year of the sheep sector, when The Ministry of Rural Development (VM) will pay the amounts available next year. The farmers will receive a 5,000...
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Campaign promoting fish consumption will start next year
Date: 2011-12-14 13:00:45
The Aranyponty Zrt. launches a marketing action entitled Fish Friday to more widely promote fish consumption – said Lévai Ferenc, Chairman and Chief Executive Officer of Aranyponty Zrt. on Tuesday...
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Champagne is catching up again
Date: 2011-12-14 12:57:26
Az év első 11 hónapjának forgalmi számai, a hazai pezsgőpiac újbóli fellendülését mutatják. Mind a Nielsen piackutató cég által mért forgalom, mind a Törley Kft. forgalmi statisztikái alapján megfordult a...
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13 percent of the small businesses have webshop
Date: 2011-12-14 12:55:09
According to the survey of Budapest Bank; 90 percent of the respondents have purchased online, while only 13 percent of the small businesses have a webshop, although it would significantly...
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Christmas event for the disadvantaged children
Date: 2011-12-14 12:51:37
The International Children's Emergency Service (NGYSZ) awaits the disadvantaged children who are living in poor material circumstances with sweets, festive packs and Christmas program on Friday in the Millennium Court...
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Business climate improves in Germany
Date: 2011-12-14 12:50:41
According to the Tuesday published datas of the ZEW economic research institute, in December, a slight improvement occured in the business sentiment in Germany. The next half-year forward-looking expectations index...
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Manpower: fifth of the employers planning redundancies
Date: 2011-12-13 13:15:08
In Hungary, 22 percent of the employers are planning redundancies in the first quarter 2012 and only 8 percent reported recruitments. The Manpower Employment Outlook indicator's 14 percentage points value...
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KSH: fuel and food prices have driven up inflation in November
Date: 2011-12-13 13:10:03
Consumer prices in November rose by 0.7 percent from the previous month and are 4.3 percent above the level of a year earlier. Primarily the fuel and food prices affected...
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Agricultural crediting may be expanded
Date: 2011-12-13 12:54:57
Agricultural crediting may be expanded this year, because the crisis affected the agricultural companies less, a relatively stable demand remained for their products, and the support scheme has not changed...
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VM: Hungarian beef exports can be launched to Algeria
Date: 2011-12-13 12:50:02
According to the information of the Hungarian Ministry of Rural Development (VM), Hungarian beef exports can be launched to Algeria. Kardeván Endre agreed with his Algerian counterpart, Rachid Bougueddour Chief...
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Sugar cane will arrive to the sugar factory in Kaposvár from Mozambique
Date: 2011-12-13 12:35:22
Within a few weeks, nearly 22 thousand tons of refined sugar cane from Mozambique arrives to the Kaposvár plant of the Magyar Cukor Zrt. to be processed – reports Somogyi...
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Free Shipping Day on Thursday
Date: 2011-12-13 12:32:27
The Free Shipping Day will be held in Hungary for the second time, on the 15th of December 2011. On this day, the participating webstores agree to ship the orders...
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CSAOSZ: The latest law amendment of the product fee affecting the packaging industry badly
Date: 2011-12-12 14:00:43
The Parliament adopted the law amendment of environmental product fee tax on the 21st of November 2011. The increase of fee rates means a 10 billion HUF additional burden for...
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Transparency is the condition of the dialog
Date: 2011-12-12 13:25:07
According to the opinion of stakeholders and on the basis of the analysis of corporate websites; transparency is the strongest area of responsible operation. Stakeholders considered the performance of domestic...
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Hungarian Bioethanol Association: the government declared war on bioethanol
Date: 2011-12-12 13:20:46
The Parliament adopted next year's tax laws along with the 4662/87 amendment. The excise tax on bio-ethanol will increase by 70 HUF per liter which is together with the VAT...
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Winemakers can apply for developments for four more days until now
Date: 2011-12-12 13:00:11
Wine producers can submit their applications until December 16 for non-refundable technology developments – said the Ministry of Rural Development (VM) on Monday. The Ministry draws the attention in itscommunication...
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The healing effect of white tea, miraclenut, and of rose was justified
Date: 2011-12-12 12:10:40
British researchers found while analyzing the antioxidant impact of plants used in folk medicine for thousands of years that white tea, miraclenut and rose are containing a lot of anti-inflammatory,...
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No pay rise for those who make more than the minimum wage
Date: 2011-12-12 10:29:50
According to a new survey by GKI, about 79% of Hungarian companies with annual net revenue over 250 million HUF plan to use the increase in the minimum wage as...
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Online shopping is taking the world over
Date: 2011-12-12 10:07:58
The Internet has transformed many aspects of life, but perhaps none more so than how we shop for goods and services. While it’s still nice to stop by a store...
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European finance policy: criticism of crisis management dominates
Date: 2011-12-12 08:33:17
Despite the crisis, private investors in Europe still believe in their currency. The majority believe in the continued existence of the euro. This confidence is only crumbling in the crisis...
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KSH: The Hungarian economy rose by 1.4 percent in the third quarter
Date: 2011-12-09 14:00:31
Hungary's gross domestic product (GDP) grew by 1.4 percent in the third quarter of 2011, compared to the same period of the last year. According to the seasonally and calendar...
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The small markets help the market access of the local farmers
Date: 2011-12-09 13:55:12
The Ministry of Rural Development seeks that the local farmers' products to reach consumers in the shortest possible way – said V. Németh Zsolt, State Secretary at the Ministry of...
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