Market News
The EU's agricultural support is a threat to global food security
Date: 2009-07-17 00:05:00
The European Union's agricultural support makes the agricultural development of the third world very difficult – warns EurActiv EU news portal. On the G8 meeting in Italy the G8 countries...
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Strict Ukrainian rules for the meat-industry
Date: 2009-07-17 00:03:02
Ukraine has announced that the country would only allow the delivery of meat-products that have been examined by the controllers of the authority. The new rule takes effect on 23rd...
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An increasing number of under age, foreign and organized offenders steal from the shops
Date: 2009-07-17 00:02:00
According to Népszava the experiences have shown that thefts in Hungarian shops have became more organized and tend to lower-value goods than in the past. According to Fodor Attila, spokesman...
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Increasing food-prices in developing countries
Date: 2009-07-17 00:01:00
Domestic food prices in developing countries remain high despite a sharp decline in international prices and overall good cereal harvests, FAO warned today in its latest Crop Prospects and Food...
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The annual retail sales of ice-lollies are over 17 billion HUF
Date: 2009-07-16 00:21:00
According to Nielsen market research company; over the past 12 months between July 2008 and June 2009 – the sales of ice-lollies excessed 17 billion forints in the organized retailing....
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Consumer prices increased 3.7 percent in June over a year
Date: 2009-07-16 00:19:00
In June 2009 the average consumer price increase of the month was 0.1 percent. Compared to June 2008 prices increased by 3.7 percent. In the first six months of this...
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There will be a shortage of Hungarian milk soon
Date: 2009-07-16 00:18:00
Because of the crisis of the dairy sector, producers sold ten thousand breeding animals in the first part of the yaer, more than the whole of last year – said...
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In Hungary, there are still a high proportion of those who do not have capital
Date: 2009-07-16 00:07:00
While inWestern Europe and the in the U.S.A. the proportion of investors, has been increased, in Central and in Eastern Europe many people do not have any investment. In Hungary...
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Hungarian companies are at the forefront on the basis of CSR rating
Date: 2009-07-16 00:06:00
According to Braun & Partners Network's research on the Hungarian and Polish companies in Hungary, Poland, Romania and Bulgaria, Hungarian and Polish companies has the best CSR performance. The Top100...
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One billion VAT cheat disguised with cereal trade activity
Date: 2009-07-16 00:02:00
According to APEH press executive; a VAT cheat excessing one billion HUF has been uncovered by the auditors of the Southern Great Plains Regional Board of APEH. The investigation found...
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Newspapers, radio, magazine then TV, is the sort of trust in traditional media ads
Date: 2009-07-15 00:23:00
In order, Hungarians trust in adverts of newspapers, radio and TV among the traditional media ads. In Europe, Television is leading in front of the newspapers. According to Nielsen 's...
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Consumers' expectations are on top
Date: 2009-07-15 00:22:00
After the turning point of May, for the third consecutive months, the seasonally adjusted volume of the GKI consumer confidence index is increasing. Although the improvement of July is minimal,...
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Surprisingly price decline after VAT increase
Date: 2009-07-15 00:21:00
According to Privátbankár.hu; the consequences of the VAT increase do not appear in the prices of the stores, prices even decreased. The value of the price basket of the internet...
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The ice-cream and ice lolly consumers not only like traditional flavors
Date: 2009-07-15 00:09:00
Chocolate still the most favourable among the traditional flavors of ice cream consumption, but more and more new flavors appears among the favorites, such as foam ice lolly and pine...
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Sufficient fruit yield, consumer prices are not high
Date: 2009-07-15 00:04:00
Despite the natural disasters domestic fruit yield, will not be bad. European yields keeps prices real. Thus, neither the purchasing nor the consumer prices are not too high. The peaches...
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Retail sales decreased by 5 percent
Date: 2009-07-14 00:21:00
In the view of the traders, the increase of VAT rate and excise taxes even more decreases public consumption – stated Feiner Péter, President of the National Trade Association (OKSZ)...
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Half billion HUF fine because of misleading the consumers
Date: 2009-07-14 00:18:00
For misleading the consumers 500 hundred million HUF fine has been imposed by the Economic Competition Authority this year. Compared to last year's 700 million HUF fine for the full...
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Chemicals found in organic products
Date: 2009-07-14 00:12:00
The EU's food safety agency, the EFSA found pesticide concentrations higher than the permissible limits in 1.24 percent of vegetables and fruits derives from organic farming. The Parma-based organization has...
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End of recession in Europe's largest economy
Date: 2009-07-14 00:10:00
According to the Ministry of Economic Affairs in Berlin; after a historic drop of one year, in the second quarter of the year, the shrinking of the German economy has...
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One-third less cereals, means a loss of 60-80 thousand HUF per hectare
Date: 2009-07-14 00:05:00
According to Vancsura József, President of the National Association of Cereal Growers; Due to the the drought, and the rainy, stormy weather in the last year it is expected that...
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Russian poultry center with Hungarian technology
Date: 2009-07-14 00:03:00
With an approximately 26-28 million euros investment, a duck and goose breeding base center will be set up in Russia, Bashkiria, using Hungarian techniques – announced Bárány László, President of...
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Twenty billion dollars to the african agriculture
Date: 2009-07-14 00:02:00
The world's economic superpowers will provide a 20 billion USD aid for agricultural developments in poor countries – agreed the participants of the G8 meeting. The three-year grant which will...
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Hypermarket growth expected to continue across India
Date: 2009-07-14 00:01:00
The expansion of hypermarkets across India is likely to continue unabated, according to a new study, which said about 315 new such outlets could open in Tier I and Tier...
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This year, at least 26 percent of income will be spent on food
Date: 2009-07-13 00:22:00
According to the survey of GfK Hungária, the spending on food and luxury items, from net income can increase to 26-26,5 percent this year, from last year's 25 percent. Kozák...
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The 30 billion of the food industry bank guarantee program is not enough
Date: 2009-07-13 00:20:00
The 30 billion will be not enought – announced Secfretary of Ministry of Agriculture and Rural Development, Gőgös Zoltán on a professional conference in Budapest. The goal of the program...
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Decreasing producer prices in agriculture
Date: 2009-07-13 00:16:00
The agricultural producer level in May 2009 decreased by 21.7 percent compared to the same period of the previous year. The price of vegetable products decreased by 28.9, the price...
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The number of employees in agriculture can be increased
Date: 2009-07-13 00:11:00
According to Gőgös Zoltán Secretary of the Ministry of Agriculture, with the potential use of renewable energy sources in the more and more mechanized, modernizing agriculture, the number of employees...
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Three hundred and thirty billion HUF for social responsibility
Date: 2009-07-13 00:09:00
According to GKI's survey made with involvement of 1500 Hungarian companies, an increasing number of domestic companies, spend on social responsibility (CSR), The companies over 20 capita around 330 million...
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Former sugar beet growers can get support with EU contribution
Date: 2009-07-13 00:04:00
According to the informations of the EFE news agency, European Commission allowed that Spain, Slovakia and Hungary can get state support for sugar beet growers who were previously affected badly...
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Large chains are expanding
Date: 2009-07-10 00:25:00
Although the turnover per square meter was significantly decreased, the large supermarket are opening a new businesses despite the crisis. Tesco plans a two-digit extension this year just like in...
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