Market News
The Ministry of Agriculture would alleviate frost damages
Date: 2011-06-06 13:08:56
The Ministry of Agriculture develops a compensation package to help the farmers, due to the frost damages of May. The Ministry's deputy secretary, Feldman Zsolt said that at least 40...
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EU is looking for new ways in fish farming
Date: 2011-06-06 13:00:49
Director-Generals of the EU member states' Fisheries met with the leading experts of the Union in Rétimajor, Hungary. Beside the 42 leading government officials, of the 27 EU member countries...
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6,700 square meters of retail space and office waiting for the tenants if the Hegyvidék Center will be completed
Date: 2011-06-06 12:51:44
The construction of the Hegyvidék Center in the 12th district of Buda undergoes as planned. At Thursday's founding stone ceremony the developer, the WING Zrt. and Pokorni Zoltán, mayor also...
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The Russian import ban is contrary to WTO rules
Date: 2011-06-06 12:27:32
Russia's import ban on import vegetables from the European Union, that was announced on Thursday, is contrary to the rules of the World Trade Organisation (WTO) – said Fernando Valenzuela...
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Thirty thousand euros for a champagne
Date: 2011-06-06 12:00:28
The world's oldest sparkling wine was sold for a record 30 thousand euros at a Finnish auction. The bottle spent nearly 170 years in the bottom of the sea, inside...
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Sunday-shopping is an integral part of Hungarian citizens' life
Date: 2011-06-06 11:58:35
More than 48 percent of the Hungarian population, namely 1.9 million families are getting their shopping done on Sunday – TNS Hoffmann's new survey pointed out. The research project carried...
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Different cares for different hairs
Date: 2011-06-06 11:56:36
Hair care is one of the biggest cosmetics categories, to which one of the smallest, hair styling is closely connected. Large companies typically manage several prestigious brands in parallel and...
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Fight agains counterfeit products
Date: 2011-06-06 10:47:12
There are no limits when it comes to counterfeit-products, no matter whether we are talking about food, cosmetics or jewelry. However, the fight against counterfeiting cannot be successful unless the...
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Sándor Fazekas convenes meeting of the Council of Agriculture Ministers for Tuesday
Date: 2011-06-06 10:15:13
As rotating President of the Agricultural and Fisheries Council, The Minister of Rural Development has convened a meeting of his EU colleagues for Tuesday June 7 in Luxembourg to analyse...
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Climate Talks Scheduled to continue in Bonn
Date: 2011-06-06 08:28:37
Talks are due to continue on 6 June 2011 under the auspices of the UN Framework Convention with the struggle against climate change in focus. The European Union will be...
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The introduction of the hamburger tax would be unprecedented
Date: 2011-06-03 13:10:52
The price of coke, chips, energy drinks, fast food, but even coffee and some cheese may increase by ten to twenty HUF, if the government adopts the so-called hamburger tax....
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Surtax and the economic crisis: Spar and Auchan did not have a good year
Date: 2011-06-03 13:05:09
Partly due to the special tax, and partly because of the crisis, most commercial chains operating in Hungary suffered a loss in 2010. The Annual Report of Spar Hungary Ltd....
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The rent of commercial premises remained low in the boomtowns of Europe
Date: 2011-06-03 12:52:13
According to the latest report of CB Richard Ellis (CBRE); New York remained the world's most expensive retail target market, after the traders focus on the capitals of fashion, thus...
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The Hungarian fruits and vegetables are safe to consume
Date: 2011-06-03 12:50:45
The Hungarian fruits and vegetables are safe to consume, no one is threatened by any danger. Infected vegetables and cucumbers did not arrive to Hungary – states Fazekas Sándor, Rural...
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Russia does not need European vegetables
Date: 2011-06-03 12:45:47
The European Commission requires an explanation from the Russian authorities in connection why they banned the imports of vegetables from all of the EU countries, referring to the diarrhea- bacteria...
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The MOSZ urges compensation for the cucumber producers
Date: 2011-06-03 12:40:50
The National Federation of Agricultural Cooperators and Producers (MOSZ) suggest the Ministry of Rural Development (VM) to provide withdrawal support to the cucumber producers who were hit by the situation...
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The frost of May destroyed the apples in Szabolcs county
Date: 2011-06-03 12:34:55
The sudden cooling and frost in early May mostly affected the apple and walnut plantations in Szabolcs-Szatmár-Bereg county. The rate of damage is 94 percent in the case of apples...
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E-commerce and tablets
Date: 2011-06-03 10:27:29
In February 2010, when the first iPad appeared, most users rightfully asked themselves “Why should I buy a tablet?” A year later, as the iPad 2 debuts in Hungary, the...
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ÉFOSZ: hambuger tax is problematic
Date: 2011-06-02 18:00:46
The National Food Processors Association (ÉFOSZ) considers the hamburger tax's concept fundamentally wrong and contrary to the interests of the Hungarian economy – told ÉFOSZ to MTI on Thursday. According...
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Hungary foreign trade turnover on its pre-crisis level
Date: 2011-06-02 13:40:43
In the first quarter of 2011 the volume of foreign trade increased significantly, exports by 18, while imports by 16 percent, compared to the level of the previous year –...
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Hungary is self-sustainable from wine
Date: 2011-06-02 13:35:02
This year is expected to be better for the wine sector than last year, but more forecasts cannot be given, because there is still a lot of time left until...
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2011 could be the breakthrough year for the online coupon sites
Date: 2011-06-02 13:20:36
Although the first Hungarian sites offering bonuses and coupons are less than a year old, in April this year, 1.5 percent of the population between the age of 14-74 have...
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U.S. companies spent more than ever on online advertising
Date: 2011-06-02 12:10:58
The value spent on online advertising increased by almost one-quarter, by 23 percent, to 7.3 billion USD in the first quarter in the United States – shows the recently published...
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Food safety is more important than political interests
Date: 2011-06-02 12:00:45
The protection of customers is the most important key element of the food safety politics of the European Union, and the same applies to Hungary, too. This safety is far...
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The first three months of the New Széchenyi Plan proved to be successful
Date: 2011-06-02 09:50:55
A significant change of attitude needs to take place in order to be able to handle sources in a more efficient way – Ágnes Molnár, secretary in charge of the...
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Sales are concentrated to hypermarkets and drugstores
Date: 2011-06-02 09:43:26
Retail sales of deodorants are still highly concentrated: from value sales hypermarkets had a 42 percent share and drugstores were at 38, informs the Nielsen Retail Index about the March...
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Government wants entrepreneurs to take part in the decrease of bureaucracy
Date: 2011-06-02 09:40:07
The government would like to involve entrepreneurs in the process of decreasing the number of employees working in administration field – Zoltán Cséfalvay, secretary of economics strategies pointed out on...
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The Ministry of Rural Development will market two million kilograms of sugar
Date: 2011-06-01 12:35:16
The Ministry of Rural Development (VM) will market its strategic sugar stocks in the Hungarian-owned CBA Co-op chains. According to the informations of Agromonitor.hu, Fazekas Sándor, Rural Development Minister has...
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We consume more and more home produced milk
Date: 2011-06-01 12:28:44
Although the dairy market is dominated by the hypermarkets, now 4,500 domestic enterprises produce home produced cheese and dairy products. Every year, approximately 150 million liters of home produced milk...
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The wages of the doctors may increase from the hamburger tax
Date: 2011-06-01 12:20:03
According to Hírszerző; Szócska Miklós Secretary of State, responsible for Health issues told that the Ministry is modelling the forms of the public health product charges. The professional concept of...
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