Market News
The Hungarian rosé can survive
Date: 2009-06-10 00:22:00
The European Commission announced that Brussels does not support the proposal, which would allowed the production of rosé wines combining red and white wine – reports Origo. The authorization procedure,...
Read more
Decreasing Hungarian GDP in the first quarter
Date: 2009-06-10 00:18:00
The gross domestic product (GDP) in the first quarter of 2009 was 6.7 percent lower than a year earlier, with the screening of calendar effect it was 6.1 percent lower...
Read more
Employment can decrease with further four percent
Date: 2009-06-10 00:13:00
According to Manpower's international survey the number of employees in the third quarter of the year can decrease by 4 percent in Hungary – states Kiss Judit, the Managing Director...
Read more
Poultry sector can increase this year
Date: 2009-06-10 00:05:00
Despite the adverse economic conditions, the poultry sector calculates with about 6.5 percent growth for this year – stated Bárány László, President of the Poultry Product Council (BTT). The President...
Read more
Renewal of the Új Magyarország Development Loan
Date: 2009-06-09 00:24:00
According to the Ministry of Agriculture for the end of June, the commercial banks will also make available the new and even more favorable version of Új Magyarország Development Loan....
Read more
One hundred million euro credit line to medium-sized businesses
Date: 2009-06-09 00:18:00
Hungarian Development Bank Ltd. (MFB) and the European Investment Bank (EIB) signed an agreement of an amount of hundred million Euros credit line, to finance the projects of medium-sized businesses....
Read more
Fluctuating grain prices are expected in the future
Date: 2009-06-09 00:10:00
According to an officer of the UN Food and Agriculture Organization (FAO) probably there will be greater volatility in the grain prices in the future than it has been before....
Read more
EU wants more understandable food labels
Date: 2009-06-09 00:03:00
European Commission called on the clearer and more efficient information connecting with the quality of agricultural products. According to the European Commission the strenghtening of the relationship between producers and...
Read more
Increasing cocoa world prices
Date: 2009-06-09 00:01:00
In the past two weeks, cocoa increased by 11 percent on the London commodity markets. The processing industry's demand for cocoa has been a significantly increased in the last few...
Read more
The consumption of non-alcoholic beer increases
Date: 2009-06-08 00:42:00
Between May 2008 and April 2009, five percent more non-alcoholic beer has been sold than a year earlier. The average price of a liter decreased from 330 HUF to 302...
Read more
More than six billion HUF, EU and governmental support to the palinka distilerries
Date: 2009-06-08 00:41:00
This year, the government and the European Union contributed in a 50-50 percent support for the Hungarian palinka distilerries. The development will be carried out by 6.4 billion HUF. According...
Read more
The Ministry of Agriculture declared Vis Maior due to the drought
Date: 2009-06-08 00:40:00
The Agriculture Minister proclaimed Vis Maior due to the drought of 2009 for the whole territory of Hungary. Farmers can claim drought alleviation at the Administrative Office of Agriculture –...
Read more
GKI forecast on the 2009 processes of the Hungarian economy
Date: 2009-06-08 00:11:00
According to the forecast of GKI Economic Research Ltd. and Erste Bank, the nadir of the recession is expected in the second-third quarter of this year. However, the improvements will...
Read more
Purchase vouchers for the bottles
Date: 2009-06-08 00:01:00
As a purchase voucher, customers will receive their deposit in amount of the environmental protection, if they return their empty, “one-way 'packaging, products to the store of Auchan Hungary Ltd....
Read more
Eurozone's retail trade turnover has been increased in April
Date: 2009-06-05 00:39:00
The retail sales in April increased by 2 percent compared to March as it was expected. The index has increased for the first time in a five month period. Compared...
Read more
Traders suspends the implementation of food code
Date: 2009-06-05 00:30:00
Although the Economic Competition Authority has welcomed the creation of the code, and believed only a few points concerned, traders reject the entire code referring to Economic Competition Authority's competition...
Read more
Hungarians purchasing less food and household chemical goods
Date: 2009-06-05 00:25:00
According to the recent survey of GfK Hungaria Market Research Institute Hungarian household spent ess money on daily consumer goods during the first quarter of 2009 than a year earlier....
Read more
Hong Kong interested in Hungarian wine regions
Date: 2009-06-05 00:21:00
Businessmen of the Hong Kong Food and wine industry will visit the most important wine-growing areas of Hungary between 10 and 13 June 2009 seeking for new business opportunities. The...
Read more
Help arrived to the food industry
Date: 2009-06-05 00:16:00
Bank Guarantee Program has started, providing assistance for the food companies. The enterprises in difficult situations can access working capital loans with the assistance of the Hungarian Development Bank. Hungarian...
Read more
The payment moral is getting worse even on Hungarian export markets
Date: 2009-06-04 00:32:00
The European companies assessed less positive the payment patterns of their partners in 2009 then in the summer of 2008, and they also received a negative assessment from their international...
Read more
Eurozone's economy decreased
Date: 2009-06-04 00:20:00
In the first three months of 2009 the consumption and the exports has reached the worst decrease since 1995. The GDP of the Eurozone has been decreased by 2.5 percent...
Read more
Milk from the producer
Date: 2009-06-04 00:15:00
The dairy producing businesses are trying to get more income in the next few years with the increase of direct milk consumption – reports Világgazdaság Online the statement of the...
Read more
Czech Republic claims over a new farm support system
Date: 2009-06-04 00:08:00
The three day meeting of Agriculture Ministers of the EU was held in Brno, Czech Republic. Prague argued the current system of EU subsidies. The dispute resolution questioned the justification...
Read more
Increasing food exports to Romania
Date: 2009-06-03 00:35:00
Last year, Romania became the 2nd largest receiver of Hungarian food export. Romania is a 20 million market in the neighborhood. The purchasing power of its population increased, but its...
Read more
Improvement in the corporate atmosphere
Date: 2009-06-03 00:30:00
Ecostat 's prosperity indexes improved in the past three months among the TOP-100 companies and among the medium-sized enterprises too. Ecostat 's TOP-100 prosperity index of large enterprises increased by...
Read more
The courses of the Hungarian Marketing Association ended with great success
Date: 2009-06-03 00:24:00
The Hungarian Marketing Association (MMSZ) held a a series of events with the support of the National Development and Ministry of Economy for the domestic small and medium size enterpise...
Read more
The Hungarian Purchasing Manager index increased
Date: 2009-06-03 00:18:00
The market is dominated by the positive news nowadays so it is not surprising that the Hungarian purchasing manager index joined the large team of indexes with optimistic vision. Following...
Read more
Food prices are falling since last year's peak
Date: 2009-06-03 00:10:00
Food prices decreased 2.2 percent globally, since the beginning of 2008. According to the food price index of Economist, prices decreased by 25 percent since the peak last July globally....
Read more
It is time for barbecues
Date: 2009-06-02 00:30:00
The barbecue season is coming, when the domestic retail trade transacts the bulk of its turnover with special sausages and spices. About 1.3 billion HUF grilled sausage has been sold...
Read more
Drought package from the Chamber of Agriculture
Date: 2009-06-02 00:24:00
The Hungarian Chamber of Agriculture in order to reduce losses caused by the drought, has submitted proposals to the Agriculture Minister. According to the views of the organisation, the developed...
Read more
