Market News
Net earnings increased significantly
Date: 2011-06-17 12:10:41
In the first four months, gross earnings increased by 2.6 percent, the net average earnings without taking the family allowances into account increasedy by 4.5 percent, compared to the datas...
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The OECD and the FAO expects sustainable high food prices
Date: 2011-06-17 12:00:33
In their joint Friday published analysis the two organizations also warn that violent fluctuations of the prices can also be typical in the period until 2020. The price level remains...
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Foreign executives expect Hungary's economic to be grow from the second part of 2011
Date: 2011-06-17 12:00:06
The leaders of the international companies present in Central and Eastern Europe expect that the the economic boom will begin in Hungary in the second half of the year –...
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Hungary's autumn barley harvest could reach 600,000 tons this year
Date: 2011-06-17 11:48:01
According to the Rural Development Ministry, Hungary's autumn barley harvest could reach 600,000 tons this year, state secretary György Czerván said within the compass of a press conference on Friday....
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GMO-contaminated soy cleaned
Date: 2011-06-17 11:27:32
The Agricultural Office (MgSzh) ordered Pioneer Ltd. to clean the GMO-contaminated seeds from their 240 acres of land. Experts of the Agricultural Office have proven that more than 20 thousand...
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The people of Provance made beer already 2500 years ago
Date: 2011-06-17 11:05:01
Provence in southern France is mostly famous of its wines, but it has also great brewing traditions: according to recent discoveries; people of Provance brewed beer already 2500 years ago....
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The first FMCG company on Groupon’s website
Date: 2011-06-17 09:33:22
Formerly many experts were of the opinion that the coupon trend would not reach the world of FMCG products because of their small profit margin and wide distribution. But General...
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EU-commerce, terrorism and drugs
Date: 2011-06-17 07:20:28
The EU-US Workshop on Terrorist Financing was held under the Hungarian Presidency in Budapest on June 6-7, 2011. The Workshop was opened by Roland Nátrán, Deputy State Secretary, Ministry for...
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Hungarian wines classified according to EU-categories
Date: 2011-06-16 15:55:27
Hungarian wines will be classified according to a new category-sytem commensurate with European Union norms, Rural Development Minister Sándor Fazekas announced at a press conference on Thursday. All Hungarian wines...
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Pálinka distilleries can obtain sources
Date: 2011-06-16 14:57:34
At the settlements with fewer than five thousand inhabitants, the supportable micro businesses will be extended with the pálinka distilleries – said V. Német Zsolt, Secretary of the Ministry of...
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European supermarkets were awarded in eleven categories
Date: 2011-06-16 13:12:38
The International Council of Shopping Centers (ICSC), handed over the recognitions of the shopping centers on Wednesday at the 2011 European Shopping Centre Awards. The recognitions were handed over in...
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A growing demand for luxury items
Date: 2011-06-16 12:02:56
After the crisis, last year the sales of luxury goods broke a record again, especially in the emerging countries perceived high level of interest. According to the survey of the...
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The European online advertising market grew by fifteen percent
Date: 2011-06-16 12:00:02
Among the online advertising types, display advertising grew the fastest last year by 21.3 percent, while the former catalyst of the market increased by a total of 15.1 percent –...
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National products in Europe
Date: 2011-06-16 11:58:07
In Hungary the transformation of new or old brands is usually carried out by large multinational companies as the costs of innovation and advertising are high. Experience is that domestic...
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China is now the third most common destination for Cuban cigars
Date: 2011-06-16 11:00:14
Cuba exported six million cigars more last year than in 2009, but the industry's performance does not reach the 100 million pieces export of 2008. As a result of the...
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While inflation is under four percent, food prices have risen well above the average
Date: 2011-06-15 15:00:50
The rate of inflation was substantially lower than expected in May, and all signs indicate that the rate of price inflation will slow down in the rest of the year....
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The EU decision on food labeling was born
Date: 2011-06-15 14:55:39
The Hungarian Presidency agreed with the European Parliament and the European Commission about the reform of food labeling – reported Reuters. Under the new rules, the energy, the salt, sugar,...
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Vegetable growers will be compensated by the end of the summer
Date: 2011-06-15 12:50:31
The Union is providing 210 million Euros for the immediate assistance of vegetable producers – announced Commissioner Dacian Cioloş. The degree of compensation will be equal to 50% of the...
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The online coupon market is evolving at amazing speed
Date: 2011-06-15 12:45:18
The turnover of the community purchasing web sites dealing with bonuses and coupons is expected to be more than two billion forints this year, but can reach three billion forints....
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The poultry-breeder can also be a processor
Date: 2011-06-15 12:40:29
The biggest problem for the farmers in the poultry sector is the high feed prices – said Fazekas Sándor Rural Development Minister on Tuesday, in Kunmadaras. The Minister told that...
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The LMP urges a six-month network expansion moratorium
Date: 2011-06-15 12:34:54
According to the LMP party, the National Assembly should proclaim a moratorium on the network expansion of the large retail chains as soon as possible. They fear that even before...
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Mineral waters under bottle pressure
Date: 2011-06-15 12:21:04
Mineral water sales had been growing for years but this positive period turned into stagnation, which after a while lead to declining sales. Last year minus 3 percent was registered...
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The industry of the eurozone begins the second quarter with increase
Date: 2011-06-15 12:00:04
Contrary to the analysts' expectations industrial production increased in the euro area in April, referring to a strong start in the second quarter. Industrial output, in the euro area rose...
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Customers' number one worry is food prices
Date: 2011-06-14 17:23:00
The number of inhabitants in Hungary whose greatest worry is the price of food is four times more now than it was this time las year. Loans have become the...
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The public health product charges may bring rising inflation and a decrease in turnover
Date: 2011-06-14 14:50:52
The trade does not have enough reserves to be able to “swallow” additional costs so – unless the manufacturers may assume part of the burden – it is expected that...
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The producer price of agri- products increased by nearly a half
Date: 2011-06-14 14:40:39
The level of agricultural output prices in April 2011 was 45.2 percent higher, compared to a year ago – reports the Central Statistical Office. In particular, the price level of...
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The price of sugar may decline further
Date: 2011-06-14 14:01:05
The price of sugar slowly but surely declined in recent weeks.The fall may accelerate in the forthcoming weeks, so it is worth to wait for those who want to make...
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The watermelon season starts with a positive outlook
Date: 2011-06-14 13:59:42
This year's watermelon yield is forecasted to have superior quality, thanks to the good weather – said Simonka György, president of the Hungarian Watermelon Association. Nationally, farmers are growing watermelon...
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One and a halffold radiological contamination was measured in Japan's largest green tea plantation
Date: 2011-06-14 13:58:53
Because of radiological contamination, a number of Japanese green tea processing companies stopped processing. One and a halffold radiological contamination was measured in Japan's largest green tea plantation. According to...
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Dairy farmers received a fifteen billion HUF support
Date: 2011-06-14 13:18:42
Nearly 700 farmers applied for the animal welfare support that is accompanying the restructuring of the dairy sector – which means a total of more than 15 billion source for...
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