Market News

New spirit in the bottle

Europe’s beer industry is in a rather difficult situation Hungary’s. Domestic consumption is way below 70 litres/person. Import beers’ share is 5-6 percent, which includes the products directly imported by...

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The FruitVeB discards the the indication of the origin of the Hungarian vegetables

In contrast to the previous ideas there will not be new trademark justifying the Hungarian origin on  vegetables – decided the Hungarian Fruit and Vegetable Interprofessional Organisation and Marketing Board...

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Russia will resolve the export ban on European import vegetables soon

Russia is ready to resolve the imposed export ban on European import vegetables, such as the EU guarantees the safety, and requires the experts to develop the documents that will...

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Sprouts caused the disease?

A new suspect had been added to the blacklist of bacterias causing the E. coli epidemic started in Germany. According to the statement of the German epidemiological center, a locally-grown...

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We could increase the recycling rate of aluminum cans

In Hungary, about 600 million aluminum cans are marketed per year, however, the recycling data of this valuable secondary raw material is not so accurate. According to the audited datas...

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In four years, nearly one billion smartphones will operate all over the world

According to the Friday published datas of IDC market research company; compared to last year 55 percent more, 472 million smartphones will operate all over the world. In four years,...

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Mall building stop can come next year

Fidesz liked the mall building stop idea of the LMP – writes in the Index. If the opposition party's proposal will be accepted the next year only 800 square meters...

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The hamburger will be skipped from the hamburger tax

The government would introduce public health product fee on too salty and sugary foods and drinks from next January. The resulting 20-30 billion HUF revenue would go for medical purposes....

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The Ministry of Rural Development causes a competitive disadvantage in the domestic meat industry?

The domestic meat participants informed from Brussels sources over the government plan that intended to dictate the freeze storage of frozen meat in three months. According to representatives of the...

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The domestic brands can for the Hungarian Brands until June 20

The organizers extended the deadline for the submission of the MagyarBrands tender until June 20. Thus, those domestic consumer and business brands have one and  a half week to submit...

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Catastrophic drought hit the Yangtze River basin

Catastrophic drought hit China'sYangtze River basin. From January to May an average 40-60 percent less rain fall in the region. 80 percent of the Chinese water resources can be found...

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The European Commission confutes: Eastern Europe does not receive lower quality food

The accusations are unfounded, that the multinational companies deliver lower-quality products to Eastern Europe – states the European Commission. The companies were not obliged to market the same products under...

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One hundred and fifty million euros rescue package to the EU vegetable sector

The EU support the farmers with an emergency aid, and the Member States are also expected to help the farmers. The Russian market remains closed, and still noone knows what...

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According to the FAO index; food prices decreased slightly

Food prices decreased slightly, due to cheaper world price of sugar and grain. Therefore, the FAO index became “only” 232 points in May, after April's 235 points. The FAO price...

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1,500 acres of sugar beet is waiting for the new sugar plant

So far, more than fifty farmers growing sugar beet on a total area of about 1,500 hectares expressed their interest towards the Rábaköz-based sugar industrial association. According to the article...

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Eurozone's retail trade rose again in April

In April, the value of retail sales increased by 0.9 percent in the 17 countries of the eurozone, exceeding the analysts' expectations of a 0.4 percent growth. The growth on...

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Ice teas keep going greener

In Hungary ice tea is still considered a premium beverage, with strong manufacturer brands. Because it is relatively new to the market and is easy to substitute, ice tea is...

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The forecast of GKI Economic Research Co. for 2011

Some key indicators of the Hungarian economy are improving simultaneously with the easing of the global economic crisis; however, the real situation is not better than it was at the...

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New reading-trends published

Millward Brown has completed the first literacy report after having won the tender. Notrends have changed in this area. Millward Brown has won the tender from January 2011 to five...

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Industrial production grew by eleven percent in the first four months

The volume of industrial production in April rose by 6.9 percent, compared to the same period of last year. The working-day adjusted index is 9.5 percent. The production in the...

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The caterers and canteens can save the cucumber industry

Fazekas Sándor, Rural Development Minister called the domestic food  processors, caterers, school and municipal canteen operators in a television program to buy the fruits from the cucumber  producers and distribute...

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GFK: sports clothing, especially shoes sales are increasing

A continuous growth can be observed on the market of sports shoes, sportswear and sport equipments. From the total turnover of footwear, men and women roughly share an equal proportion....

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Biomass Super: a Hungarian development may replace fertilizers

A new Hungarian technology has won an Innovation Prize, which not only solve the problems of sewage disposal, but can replace fertilizers with a biologically useful yield-enhancing product. As the...

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The new loan program of OTP focuses on the agricultural sector and on the SMEs

The OTP Széchenyi 500 Corporate Loan Program started on the 1st of June. The 100 billion HUF credit line will be offered to mainly the medium-sized enterprises – announced the...

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The dynamic expansion of global trade continues

In the first quarter of 2011 the dynamic growth of product trade continued in most of the industrial countries – published the Organisation for Economic Cooperation and Development (OECD) yesterday....

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Online pálinka-center in Hungary

Within the compass of the fifth Plumpálinka Ceremony of Békés, the Pálinka Center of Békés has opened its gates in order to introduce the best pálinkas of the region. Now...

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Inclination to borrow hits bottom low

The proportion of people with loans has not decreased in Hungary in the last three years, what is more, it is still the highest among the countries of the region....

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Vámos: no unfair income occures in food retailing

The retail price of staple foods are often higher than the cost of goods – claimed the recently published study of the Agricultural Economics Research Institute (AKI). After the article...

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Vegetable sprouts are responsible for the diarrhea epidemic?

The consumer confidence is shaken in the domestic fruit and vegetables market – said Fazekas Sándor, Rural Development Minister. However, he said that the Hungarian products are safe to consume...

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Goose liver producerts to cooperate

In order to strenghten the positions of goose liver in both the foreign and the domestic markets, the participants of the sector esttablished an alliance; the city of Orosháza wants...

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