Market News
GKI: Hungarians are more optimistic than in last November
Date: 2009-10-01 00:05:00
GKI’s economic index improves for five month in September. The index summarizing the results of the survey is somewhat higher than the value in November last year. However, within the...
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Simpler licensing procedure in trade
Date: 2009-10-01 00:04:00
Due to the result of the June 2009 amendment of the Trade Act; the opening of a business will be more simple. The dealer can choose the form of trading...
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KSH: last year Hungary's GDP has increased, due to agriculture
Date: 2009-10-01 00:03:59
According to the Central Statistical Office (KSH); Hungary’s gross domestic product (GDP) was 26 543 billion HUF in 2008. This – calculated at constant prices – is a 0.6 percent...
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Gene manipulated bread from Canada
Date: 2009-10-01 00:01:25
Gene manipulated foods, containing not yet approved linseed in the European Union, has transported into many EU member states, from Canada – announced the European Commission in Brussels. It is...
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The Competition Authority (GVH) proposes new product food law
Date: 2009-09-30 00:05:12
President László Sólyom sent back the new product food law for consideration to the Parliament. According to news releases; new legislation will be made, therefore, the Competition Authority (GVH) made...
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Széchenyi Card: 700-billion loan outplacement
Date: 2009-09-30 00:04:15
The Széchenyi Card (SZK)became even more attractive during the crisis. Although the number of requests has increased significantly, the allocations are not, because the strict bank filter. So far, overall,...
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Eurozone’s confidence index reached its annual peak
Date: 2009-09-30 00:03:25
The euro-zone business confidence index, rose to its 12-month peak in September, to 82.8 points, from the 80.8 points of August. The increase may indicate that the region's economy can...
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Economic Competition Authority investigates retail chains again
Date: 2009-09-30 00:02:50
The Competition Authority launched a re-investigation at several chains of stores, to make sure whether they have complied their previous commitments The Economic Competition Authority among other things, investigated the...
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EU agriculture support: 12 million euros “return to the sender”
Date: 2009-09-30 00:02:25
According to the European Commission’s decision; Due to monitoring and recording deficiencies Hungary has to pay back 12 million euros. The government asks for installments. The farmers do not have...
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The sale of agricultural products, has been frozen
Date: 2009-09-30 00:01:25
The market of agri products is stagnating, purchasing price is very low. The situation is similar to the case of fruits. The farmers have no money, even for fertilizer. A...
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So far, only one company got food bank guarantee
Date: 2009-09-30 00:00:45
The Hungarian Development Bank approved only one application in the course of the program, that was made to help out viable food companies, that are only in trouble because of...
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The retail purchasing power is higher in the western region
Date: 2009-09-29 00:03:59
According to the survey of GfK Hungária Market Research Institute; in the general and retail purchasing power ranking, Budapest is in the first place and Tiszabő of Jász-Nagykun-Szolnok County is...
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Hungarians have huge account debts, but showing a decreasing tendency
Date: 2009-09-29 00:03:12
According to the data of the domestic financial supervision, the Hungarian households bank overdrafts decreased, compared to the end of 2008, exceeding 325 billion HUF, in July this year. The...
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Product fee can be terminated from 2010
Date: 2009-09-29 00:02:55
According to the plans of the Ministry of Environment, the shops wouldn’t be burdened by the product fee, imposed on packagings and environmental fee should also be paid, after the...
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Gráf does not wait for the EU
Date: 2009-09-29 00:02:30
The Hungarian agriculture government fed up with the inefficiency of the EU and brings forward the payment of the dairy farmers and even provide further assistance. This, can meant 22-24...
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The EU would tighten the rules on invoicing
Date: 2009-09-29 00:01:35
The European Union plans the tightening of the rule system of invoices, that would be mandatory to all member states. The changes would standardize the rules of 27 EU Member...
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Hungarians do not visit Slovakia
Date: 2009-09-29 00:01:00
There is a lack of Hungarian tourists in the Slovak hotels. According to the datas of the Slovakian Statistical Office; the number of Hungarian tourists decreased by almost 40 percent,...
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China launches anti-dumping process due to the U.S. chicken imports
Date: 2009-09-29 00:00:40
China initiate proceedings against anti-dumping and not allowed subsidies in the case of U.S. imported chicken meat – announced Chinese Ministry of Commerce. The United States is China's largest chicken...
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Triple beer taxes in Russia
Date: 2009-09-29 00:00:22
Next year, tax on beer will be the threefold of the current level. Consumption tax will increase to 9 rubles per liter (about 55 HUF) in Russia – announced Alexei...
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Energy drink consumption increased spectacularly in Hungary
Date: 2009-09-28 00:05:55
According to Nielsen market research company; retail sales of energy drink increased by 24 percent, between the 2008 September and 2009 August period, exceeding 11 billion HUF. Because of the...
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Ministry of Finance would correct the spoilt of the cafeteria-regulation
Date: 2009-09-28 00:04:25
The government has to correct its tax proposal, voted summer 2009. Under the current rules not 25, but 58 percent would afflict the fringe benefits. In the case of the...
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The companies of the region do not expect recovery
Date: 2009-09-28 00:03:45
Deloitte prepared its first regional economic sentiment survey. In the summer 190 heads of large companies were asked about the prospects of the next 6-12 months. Hungary, Romania, Poland, Croatia,...
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Salient optimism at the Germans
Date: 2009-09-28 00:03:00
According to the GfK market research institute on the basis of the October survey, the GfK consumer confidence index produced the highest value of the last 16 months in Germany....
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This year’s grape harvest worth a little
Date: 2009-09-28 00:02:00
Midway through the harvest, it can be seen, that the yield will be less than the expected 3.5 million hektoliters, because of the hot summer. But despite the fewer amount...
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Modern and exclusive messages from coffee brands
Date: 2009-09-27 08:00:00
Private labels are attacking on the coffee market too, but they are successful mainly in the instant segment where functionality prevails over the formality of drinking a good ground-roasted espresso....
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Mothers mobilised via the Internet
Date: 2009-09-27 08:00:00
Despite the recession, the baby category is solid in terms of both value and volume, since major indicators hardly changed compared to previous years. Creams, wet wipes and private labels...
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The business potential of co-operation
Date: 2009-09-27 08:00:00
Communicating restrictive measures to employees in the way management wants these to be interpreted is a major problem all over the world. It was a mystery for the top management...
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Coffee accessories going natural
Date: 2009-09-27 08:00:00
According to Rita Habuda-Salyámosy, the managing director of Maresi Foodboker Kft., coffee whiteners are only used by a part of coffee drinkers. The share of discounts and private labels rose...
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Consumers look for more economical sources of energy
Date: 2009-09-27 08:00:00
A modest restructuring is taking place on the battery market, alkaline and Zinc coal batteries play the leading roles. Private labels’ expansion and novelties push the category forward. We find...
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Network research answers the following questions of leaders
Date: 2009-09-27 08:00:00
Which colleagues should I select to be members of a winning team? • How can new colleagues be made part of the team more easily – so that they would...
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