Market News

Fewer guests spent fewer nights

On the commercial accommodation services market, the decline that started early 2009 continues, the trend does not seem to turn yet. In January-August 2009, 2,173 thousand foreign guests spent 6,350...

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Farewell to charming national figures

Although Parliament passed the new advertising bill last year, certain paragraphs only entered into force this spring, for instance those that regulate tobacco product ads and open-air advertising. Changes in...

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Erste Faktor improves its market position

Although in the first quarter the factoring market contracted, Erste Faktor Zrt. managed to expand significantly (by 40 percent in the second quarter; in the same period the market contracted...

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The brake still holds back the industry

In July 2009, industrial production fell by 19.4 percent, compared to the same period a year earlier. KSH’s report states that the volume of production was 22.1 percent lower in...

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They offer a key to the Chinese market

Hungarian SMEs are given a great chance by the European Commission and the Chinese government: they decided to continue the Managers Exchange and Training Programme. Application deadline for the 5th...

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CIB Faktor provides additional services

In the first six months of 2009, factoring turnover at CIB Faktor increased by 16 percent, compared to the same period last year, while the Hungarian factoring market contracted by...

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Purchasing power highest in Csopak

Csopak dwellers may spend the most, while purchasing power is lowest in Tiszabő (Jász-Nagykun-Szolnok county), according to a study by GfK Hungária. In the county ranking (including Budapest) Budapest is...

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Coupon terminal facilitates cheaper shopping

Two coupon terminals were placed in Duna Plaza, in the 13th district. According to Tamás Újvári, managing director of Kuponnet Advertising, by using the terminals shoppers can search for promotions,...

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Next step: the concentration of suppliers?

According to Dr Judit Firniksz, a competition law expert with law firm Réti, Antall and Madl Landwell, a concentration process took place in Hungarian food retail in the past 15...

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More people use Internet banking

The number of people using on-line banking services increased by 1.8 percentage point in the first half of 2009 – according to a new study by GfK Hungária. This means...

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Panorama on the Christmas commercial credit market

The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans...

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The number of conferences halved in the first part of 2009

According to the compilation of the Hungarian Convention Bureau; during the first half of this year, 118 international conferences were held in Hungary. This is a 51 percent decline, compared...

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Bankruptcy wave before peak

According to the latest analysis of Coface Hungary; the insolvency ratio of the firms increased by 36 percent in the first nine months of this year, compared to the same...

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Does not involve consideration to the webshop in case of waiver clause

The union court stated: In the cases of Internet orders, if the buyer cancels, one should not pay fee for the usage to the seller, despite one used the product...

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Consumer confidence fell in Germany

According to GfK market research institute; contrary to the expectations, consumer confidence has deteriorated in Germany,: November’s sentiment index decreased by 4.0 point from the previous 4.2 points. The analysts...

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Coffee is good for the liver

According to the analysis of the American Cancer Institute (NCI) the daily consumption of coffee, has beneficial effect on liver function. Those chronic hepatitis C patients who drink three or...

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Quality complaints against dairy products

All produced and marketed milk of Fresh Food Ltd. before 21st October will be recalled, because it does not meet the required composition – stated the Agricultural Office Authorization. The...

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Trade: sloping down

According to the datas of the Central Statistical Office; retail sales decreased in the August of 2009 by 8.5 percent, compared to the same month of 2008. At foods 7...

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The economic expectations are improving for six months

The seasonally adjusted value of the GKI economy index increases for six months now, after nearly half-year fall. The improvement is, however, slower than the deterioration was, so it is...

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Italian investment is expected in the Hungarian food industry

The Hungarian investment promotion agency is negotiating with several Italian companies, over investment opportunities, in the areas of food processing and alternative energy – said Spányik Péter leading external diplomat...

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Selling glasses and concert tickets in hypermarkets

British hypermarket chain, the Asda will open optical desks in 84 stores in Britain. The strong retail chains are selling quite different products differ from their profile, more often. Asda...

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EU protection for the Hungarian horse-radish

The European Commission declared protected and added Hajdúsági horse-radish to the narrow range of protected products of the European Union. According to the communication of the EU, Government, the Hungarian...

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Hungarian wines in Milan

For the first time in Italy, the Hungarian Investment and Trade Development Agency (ITD Hungary) organised an autonomous Hungarian wine presentation. The Milan event aims to promote the wines of...

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GfK – nine-tenths of the population agrees with the proposal of MNB

According to GfK Hungária; eighty-nine percent of the population agrees with the proposal of the Hungarian National Bank (MNB) that greater caution and responsibility is necessary to provide a loan....

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Decrease in real wages and in the number of employees

According to the Central Statistical Office; The gross average earnings in the first eight months of 2009 decreased by 1.3 percent, the net average earnings by 1.6 percent, compared to...

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Online advertising forges ahead

Online advertising market, is slowly starting to recover after a downturn, while the print and electronic media will continue to ail. According to industry analysts; virtually only the Internet advertising...

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Nyugati Square McDonald's received a silver medal

Askmen.com internet men magazine has elected the world's 10 most beautiful McDonald's restaurants. According to the U.S. site, which has a monthly 7 million visitors, the Nyugati Square McDonald's is...

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Cafeteria can remain despite the tax

On the basis of a feedback from the OTP health insurance, the majority of the firms in 2010 would use the fringe benefits systems. From January of 2010, 25 percent...

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We are only talking about the healthy lifestyle

According to GfK LHS HealthCare population survey of 2009 and GfK Hungária's 2009 study of eating habits, people are interested in health-related news and knowledge, but they accept only those...

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The number of those who buys food on the web doubled since last year

According to the joint survey of KutatóCentrum and Mai Piac; compared to 2008, the number of those who buys food on the Internet has doubled, but the virtual trading of...

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