Market News
The EU framework for the compensation of the vegetable growers may significant increase
Date: 2011-06-23 12:52:51
The European Commission increased the EU budgetary framework from 150 million to 210 million euros that will compensate the losses of vegetable-growing farmers. Vegetable producers in the EU in recent...
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New chances for the food industry
Date: 2011-06-23 12:36:51
The Fidesz government promises to create better positions for Hungarian food products and already established a parliamentary committee that will examine the privatisation of the sugar industry and the country’s...
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Hungarian customers are easily influenced by media
Date: 2011-06-22 17:32:27
Hungarian customers are more likely to be influenced by advertisements and commercials than most other nations in Europe. Nielsen market research company carried out the survey in 55 countries. The...
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The BDO suggests the development of a progressive tax product schedule in connection to the chips-tax.
Date: 2011-06-22 14:00:11
The new tax, paradoxically, can have a negative effect on the budget, because if the price increase may result in a 10 percent decline in the consumption inside the product...
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Hungary's per capita GDP can be found in the EU's lower house
Date: 2011-06-22 13:40:00
In Hungary, the gross domestic product (GDP) calculated on the purchasing power parity per capita is the 64 percent of the EU average. With this result, Hungary is situated among...
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European-level shopping center was established in the Mars Square of Szeged
Date: 2011-06-22 12:35:18
All the tables and stores were rented in the market in the Mars Square of Szeged. In the center of the city a European-level shopping center was established which meets...
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Russia is distrustful against the meat and dairy products of 300 German companies
Date: 2011-06-22 12:30:01
Russia may ban the imports of about 300 German meat and dairy companies, because of the diarrhea epidemic – the spokesman of Consumer Affairs said on Tuesday, that they do...
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Chaotic marking
Date: 2011-06-22 10:54:28
Consumers’ number one source for product information is the packaging. In recent years several ‘Hungarian product’ lobby organisations were formed who established their own markings, but provide little data on...
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Every third Hungarian citizen is willing to move abroad for a job offer
Date: 2011-06-22 09:06:01
One out of every three people in Hungary are willing to move abroad if they get the right job offer, and are even willing to keep hunting for a job...
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Chips-tax: the price of energy drinks may increase the most
Date: 2011-06-21 13:30:43
The planned public health product tax will increase the price of energy drinks, instant soups, and chips. According to the law amendment; the tax should be paid from the first...
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The rural development minister is satisfied with the EU's vegetable market crisis management
Date: 2011-06-21 12:50:56
The EU could effectively respond to the crisis occurred at the vegetable market, and the situation also showed that if there were no effective EU agricultural policy, the producers and...
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Austria is also debating on Sunday opening hours
Date: 2011-06-21 12:40:23
The debate has been recurred over the licensing of the Sunday opening hours of shops. Reinhold Mitterlehner Austrian Minister of Economy stated in the weekend broadcast of ORF; that he...
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German ZEW index is on its lowest value since January 2009
Date: 2011-06-21 12:11:41
Contrary to the 3.1 points value of the previos month and to the expected -1.5 points, the June sentiment index of German ZEW became -9 points. The index reflecting on...
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GKI: Medium-term business forecast until 2013
Date: 2011-06-21 11:20:38
The price of the forecast is EUR 6900 + VAT, and that of the December update is EUR 2300 + VAT. If you order the forecast until 30 June, we...
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The Magyary Programme for Public Service
Date: 2011-06-21 09:31:31
It is the common goal of us all that there should be public administration which befriends citizens,’ said Tibor Navracsics, Minister of Public Administration and Justice on Tuesday at the...
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New addition the the market of online auction portals
Date: 2011-06-21 07:54:21
The owner of Vatera and TeszVesz, namely allegroup.hu has launched a brand new special offer-collecting site called lealkudtuk.hu. The weekly number of unique users is 55 000 persons at the...
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New issues when it comes to fieldmarketing
Date: 2011-06-21 07:26:17
POS Media Target Hungary has launched its new business Season Promotion. The new brand is launching a new group under the title Field marketing starting from May this year. Several...
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World organization of FMCG companies initiating political discussions
Date: 2011-06-20 19:30:52
“Hands up, if you are selling now like you did ffive years ago” – British TV-personality and moderator Alex Thomson turned to his audience consisting of 850 major leaders within...
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OKSZ: The shops in abroad can profit from the chips-tax
Date: 2011-06-20 14:50:28
According to the National Trade Association (OKSZ); the public health product tax will result in the increase of the black marlket and tax avoidance, while the costumers will purcahse more...
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The excellent Hungarian honey competes with cheap Chinese imports on the European market
Date: 2011-06-20 14:13:37
Last year's stormy weather decimated the Hungarian honey yield, Hungary's exports decreased to 12 thousand tonnes from the previous level of around 20 thousand tonnes. The major European distributors replaced...
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End of the ages of cheap Chinese products?
Date: 2011-06-20 13:40:53
For a good thirty years, China increasingly produced more and cheaper, but this will soon come to an end – says Bruce Rockowitz, the managing director of Li and Fung...
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Wine proved to be a better investment than gold
Date: 2011-06-20 13:25:50
Perhaps only a few would thought that wine was one of the best investment of the recent years, because with the purchasing of the quality – mainly French – wines...
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Russian traders circumvent the ban on the import of European vegetables
Date: 2011-06-20 13:20:25
Despite the import ban, due to the diarrhea outbreak, one can find European vegetables on the Russian market – states the Monday issues of the Vedomosztyi newspaper “As expected, the...
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China would significantly reduce import duties on high-category goods
Date: 2011-06-20 13:18:32
China is already the world's second largest luxury market, but soon, demand may be even greater: The Far Eastern country has plans to reduce import duties on high-category items, so...
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A truckload of unmarked eggs seized by NAV
Date: 2011-06-20 13:00:33
The officers of the National Tax and Customs Administration (NAV) found a truckload of unmarked eggs near Rajka. The truck came from Slovakia. The finance officers stopped the Slovakian truck...
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The U.S.A. became the country of home gardeners
Date: 2011-06-20 12:55:07
Millions of people started gardening on their own at the outbreak of the Great Depression in the United States in 2008, in order to restrain their spendings. Now it appears,...
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A bit of Hungarian
Date: 2011-06-20 12:52:26
Market research makes it evident that buying Hungarian is increasingly important for shoppers. The Ministry of Rural Development has already drawn up draft legislation on regulating Hungaricum and domestic products....
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Energy – Another Successfully Closed Field of the Presidency
Date: 2011-06-20 12:03:12
The energy ministers of the EU adopted Council conclusions at their meeting chaired by Minister for National Development Tamás Fellegi, held in Luxembourg on 10 June 2011 to review the...
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IFK: the mall construction stop would push back the construction industry and trade
Date: 2011-06-17 12:17:42
The real estate development industry is concerned by the bill on “plaza building moratorium”. To create commercial establishments a detailed impact studies are still needed – states the statement of...
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Seventeen percent of the Hungarian customers have complaints
Date: 2011-06-17 12:15:36
The Hungarian consumer complains more and much more efficiently, than the customers of other EU countries. Hungary has finished on podium in EU's Health and Consumer Protection (DG SANCO) recently...
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