Market News
Hungarian apricot is popular on foreign markets
Date: 2009-07-28 00:02:00
The Italian, Austrian, South German, Czech, Slovak and Russian markets are interested after Hungarian apricot. Slowly, but year-to-year the apricot production area in Hungary is reducing. Now drought indisposed the...
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Wine safe at wineries
Date: 2009-07-28 00:01:30
A growing number of wineries has developed small-sized containers – wine safes – in recent years, which allows professional placement of valuable wines for clients. Usually the the wine safes...
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Retail trade continued to decline in May
Date: 2009-07-27 00:20:00
According to the communication of the Central Statistical Office; the volume of retail trade turnover in the first five months of 2009 was smaller with 3.6 percent and in May...
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The Hungarian canning industry is in double-fold
Date: 2009-07-27 00:18:00
The Hungarian canning industry is still struggling with survival. While the demand is declining the production prices of the producers increased by about 20 percent. Although the Hungarian Ministry of...
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Budapest is one of the best city to live in the region
Date: 2009-07-27 00:15:00
According to the report of The Economist Intelligence Unit (EIU) of the London Economic Analyst House; from the EU countries in Eastern Europe, Budapest is one of the best city...
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Most people believes, that ads are economically useful
Date: 2009-07-27 00:12:00
According to the survey of Nielsen market research company, made by the participation of 50 country; consumers do not hate advertising, so that a large majority of the ads play...
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Hypermarkets choose Hungarian fruit
Date: 2009-07-27 00:06:00
The hypermarkets in their range of fruit and vegetable products, prefer Hungarian products because the Hungarian consumer usually prefer domestic fruit and vegetables and is more economical to buy from...
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The economic index of GKI improves for the third month
Date: 2009-07-24 00:24:00
The seasonal adjusted volume of the GKI economy index increases since three months. Accordding to a the survey of GKI Economic Research Company with the support of the European Union...
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The European Parliament does not agree with the Commission in the case of milk
Date: 2009-07-24 00:22:00
The European Parliament strongly criticized the European Commission, due to the insufficient action list of the dairy crisis. The majority of Specialists believe that the increase of milk quotas caused...
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British retail sector performed well
Date: 2009-07-24 00:21:00
In June, the British retail datas increased by 1.2 percent, three times bigger than expected. The annual growth was 2.9 percent (2.2 percent had been forecasted). The development of the...
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Fruit juice production – as a family business
Date: 2009-07-24 00:01:00
In the last period, the fruit processors operating as small family businesses have been multiplied. The increasing unemployment and the extremely low fruit price also play an important role in...
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Food prices remained high in the poor countries
Date: 2009-07-23 00:25:00
According to an UN report; food prices will never return to the level of two years ago, before the price explosion. Prices will increase in the developed countries, with the...
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Trademark on Hungarian wheat
Date: 2009-07-23 00:21:00
The National Association of Cereal Growers (GOSZ) created a trademark called Pannon Wheat that the producers could sell their extra quality wheat at good price on the markets, especially abroad....
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Cafeteria which is a special tool of motivation still worth it
Date: 2009-07-23 00:18:00
According to the communique of Nexon; although tax will be charged to the fringe benefits, it will be worth to the companies from 2010-to avail themselves of these opportunities. The...
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World trade expanded last year despite the crisis
Date: 2009-07-23 00:15:00
Global Merchandise export increased by 15 percent nominally and in real terms by 20 percent to 15.78 billion USD, while services increased by 11 percent to $ 3.73 billion USD...
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SZÖVET producer action in Budapest
Date: 2009-07-23 00:11:00
The producers of the Association for the Living Tisza (SZÖVET) waiting their costumers at five locations in Budapest, in particular with peach, plum, apples, cherries, tomatoes, potatoes, and apricot. The...
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Lots of British pubs closed due to the crisis
Date: 2009-07-23 00:04:00
An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...
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MFB is still lending – with positive changes
Date: 2009-07-22 00:24:00
The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...
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Brussels is not willing to reduce the milk quota
Date: 2009-07-22 00:20:00
Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...
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LEI index: recession can end in the United States
Date: 2009-07-22 00:19:00
The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...
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The British Competition Authority against supermarket dominance
Date: 2009-07-22 00:03:00
The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores. According to the Competition Authority; approximately...
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Agriculture expects one hundred billion HUF credit from banks
Date: 2009-07-21 00:29:00
The Hungarian Agriculture Chamber sent a letter to Secretary-General of the Hungarian Banking Association Nyers Rezső that commercial banks to ensure the farmers' resource needs. According to experts of the...
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Great interest on the thirty-billion source
Date: 2009-07-21 00:26:00
According to information provided by the Agriculture and Rural Development Office (MVH) 3800 applications had been received from farmers for agricultural machine support. The non-final data show, that the demand...
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Hungary may take action against Slovakia
Date: 2009-07-21 00:22:00
If Hungary and Slovakia, do not agre in the common usage of Tokaj name Hungary may take the case into court to challenge Tokajská, Tokajská and Tokajsky names. According to...
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Hungary’s fresh fruit exports can be ground on bananas
Date: 2009-07-21 00:12:00
Hungarian banana consumption steadily rising for twenty years and at the same time, the re-export. Fifty-three percent of the fresh fruit export comes from banana export in the winter months....
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Social shop to open in Paks
Date: 2009-07-21 00:08:00
With the participation of the Hungarian Famers Cooperative Association and Hungarian Farmers, Tolna county’s 1st social shop opened which is the 53rd social shop int he country. Two more shops...
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The National Trade Association agrees with the President
Date: 2009-07-20 12:53:40
The Secretary OKSZ agrees with letter of the President, where Sólyom László justifies the reasons why he sent back the law prohibiting the unfair distribution behavior of agricultural and food...
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Variable quality of the grain harvest
Date: 2009-07-20 12:50:27
The rainfalls of June, harm the cereals: the quality of this year's barley and wheat are mixed. According to the announcement of the Ministry of Agriculture which was harvested before...
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GKI – The competitive and business environment indexes of Microsoft- 2009. July
Date: 2009-07-20 12:44:38
The GKI Economic Research Ltd., with the support of Microsoft publishes a quarterly index, where Hungary's competitiveness is compared to other countries of the region, as well as domestic and...
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The amount of the nylon shopping bags halved in a two year period
Date: 2009-07-20 12:36:02
With the assistance of seven leading UK retail chains, including Tesco, Asda and J Sainsbury, in Great Britain, the number of nylon shopping bags in May halved, compared to the...
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