Market News
The 30 billion of the food industry bank guarantee program is not enough
Date: 2009-07-13 00:20:00
The 30 billion will be not enought – announced Secfretary of Ministry of Agriculture and Rural Development, Gőgös Zoltán on a professional conference in Budapest. The goal of the program...
Read more
Decreasing producer prices in agriculture
Date: 2009-07-13 00:16:00
The agricultural producer level in May 2009 decreased by 21.7 percent compared to the same period of the previous year. The price of vegetable products decreased by 28.9, the price...
Read more
The number of employees in agriculture can be increased
Date: 2009-07-13 00:11:00
According to Gőgös Zoltán Secretary of the Ministry of Agriculture, with the potential use of renewable energy sources in the more and more mechanized, modernizing agriculture, the number of employees...
Read more
Three hundred and thirty billion HUF for social responsibility
Date: 2009-07-13 00:09:00
According to GKI's survey made with involvement of 1500 Hungarian companies, an increasing number of domestic companies, spend on social responsibility (CSR), The companies over 20 capita around 330 million...
Read more
Former sugar beet growers can get support with EU contribution
Date: 2009-07-13 00:04:00
According to the informations of the EFE news agency, European Commission allowed that Spain, Slovakia and Hungary can get state support for sugar beet growers who were previously affected badly...
Read more
Large chains are expanding
Date: 2009-07-10 00:25:00
Although the turnover per square meter was significantly decreased, the large supermarket are opening a new businesses despite the crisis. Tesco plans a two-digit extension this year just like in...
Read more
Chaotic prices in the shops because of the VAT increase
Date: 2009-07-10 00:22:00
Only at the end of July will be orderliness in the retail price system, because the chains are reviewing individually the pricing of each category of products as well as...
Read more
The return to the Russian market will not necessarily help Hungarian meat industry
Date: 2009-07-10 00:19:00
The big question is that how the companies, interested in pork meat exports, can live with the return chance to the Russian market. Currently, it is almost impossible to satisfy...
Read more
Source deficit in the Hungarian agriculture
Date: 2009-07-10 00:13:00
To obtain credit in agriculture is harder than in the past. Due to the effect of the crisis resources decreased by around 15-20 percent – stated Gráf József Minister of...
Read more
On an annual basis Romanian retail sales decreased by 12.3 percent
Date: 2009-07-10 00:04:00
A record fall back occured in the Romanian retail sales in May, mainly due to the decrease of the vehicle sales. Food retail declined below the average. According to the...
Read more
Collaboration in the prevention of alcohol abuse
Date: 2009-07-10 00:03:00
A cooperation was called to life against excessive alcohol consumption, with the participation of Heineken Hungária Zrt, the European Youth Research and Communication Center (EIKKA), Est Média Group and Sziget...
Read more
The mineral water market is still strong
Date: 2009-07-09 00:29:00
Despite the crisis, the Hungarian mineral water market was characterized by stability in the past year. Between May 2008 and June 2009, in value 45 billion HUF were spent on...
Read more
Employers can save 123 thousand HUF per year
Date: 2009-07-09 00:15:00
According to Bessenyey Bálint, Executive Director of the Sodexo Pass, despite the taxation of fringe benefits, the existing system will still be more favorable to the employers, than wages. From...
Read more
Money refunds to customers
Date: 2009-07-09 00:12:00
In Hungary two companies have the same service; The ScienNet and the Lyoness are building on the same idea: if the strain buyers are purchasing in the contracted partner shops,...
Read more
Several Garage shops to open
Date: 2009-07-09 00:06:00
According to Transdanubian datas – while housing market continues to stagnate – over the past few weeks, the interest has been dramatically increased almost in the entire region after cheap...
Read more
The European Commission will help the dairy farmers
Date: 2009-07-09 00:04:00
A proposal was made by the European Commission that the period of intervention in the cases of butter and skimmed milk powder should be extended because of the crisis in...
Read more
The European Court of Justice will be judge the criterias of the individual products
Date: 2009-07-09 00:03:00
The European Court of Justice decided that chocolate can be individual, if different from the norms of the industry. According to the decision, the form of Bounty's chocolate slice cannot...
Read more
German industrial orders has been increased
Date: 2009-07-09 00:01:00
The highest rate of growth in the last two year was produced by German industrial orders in May, surpassing the April stock by 4.4 percent. The impressive growth rate is...
Read more
Hungarian meat exports to Russia get a green light after one year
Date: 2009-07-08 00:32:27
The Russian veterinary and phytosanitary supervision lifted the temporary export restrictions affecting four Hungarian meat processing companies. Gilyán György, Hungarian Ambassador in Moscow has already received a promise earlier that...
Read more
Food waste of the developed world could save the hungry
Date: 2009-07-08 00:22:00
According to the most recent calculations, the population of Europe and the United States builds up enormous amounts of food waste: the amount of ordered but did not consume food...
Read more
Information on the intake of calories quantity
Date: 2009-07-08 00:20:00
The consumer protectors have long been treating as a priority target the various fast food chains. Last year in the states of California and New York, larger fast food chains...
Read more
Coface expects larger downturn than expected
Date: 2009-07-08 00:12:00
Coface expects the global economic downturn, a total of 6.6 percentage points for the period between 2007 and 2009, which is a larger downturn than formerly expected. According to the...
Read more
The benefits of Mediterranean diet
Date: 2009-07-08 00:04:00
According to studies; the Mediterranean diet strengthens the immune system, reduce risk of cardiovascular diseases and cancer. The basic of the diet is consist ofvegetable dishes: cereals, dry legumes, nuts,...
Read more
In-store advertising gaining popularity in times of crisis
Date: 2009-07-08 00:01:00
As clients question the effectiveness of advertising in conventional mediums, indoor advertising in supermarkets is gaining support and popularity. Marketers, retailers and media companies have attempted to make in-store advertising...
Read more
Five-point improvement in consumer confidence in June
Date: 2009-07-07 00:25:00
Nielsen market research company's consumer confidence index improved to 45 points in June after the 40-40 points of May and April, and the 37 points of March. The consumer morale...
Read more
Adapting to recession
Date: 2009-07-07 00:21:00
According to the forecast of GKI and Erste Bank, Hungary, Hungarian GDP is likely to drop by about 6.5 percent this year, but the external balance is set to improve...
Read more
Loan guarantee for 189 billion HUF in 6 months
Date: 2009-07-07 00:16:00
The Garantiqa Loan Guarantee Ltd. reported assuming guarantee for 15,532 contracts amounting to 189 billion HUF on the loans of small and medium enterprises (SME) in the first half of...
Read more
More milk and fish, but less fruit and potatoes were consumed in 2007
Date: 2009-07-07 00:08:00
According to the Central Statistical Office, food consumption per person was a total of 61 kg in 2007. The domestic meat consumption in 2007 was 63 kg per person. The...
Read more
Melon market works well
Date: 2009-07-06 00:14:00
Due to co-operation of the Hungarian Melon Association and the HungarianFruit-Vegetable Marketing Organization (FruitVeB) previous years' disturbances on melon market has been eliminated this year. According to Mártonffy Béla, Executive...
Read more
Apricot directly from the producer
Date: 2009-07-06 00:09:00
Although this year's apricot season started with high prices, Tisza-side producers continued their fruit offers in the capital. After strawberries and cherries, now they are selling apricot directly to consumers,...
Read more
