Market News

Dry batteries must be collected back in stores

Many operators of stores and shops, do not know that from 1 July it is obliged to take back the used dry batteries. If a business does not put out...

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Social shops to open in Somogy

The first social shop in Somogy will open in Balatonboglár on 26 June. Hopefully, customers can shop from the beginning of July in the social shop of Siófok and of...

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Melon season started this week

The high heat sweeten melons, so this year's crop will be tasty, but because of the drought and the scandals of last year's, volume will be less than normal. The...

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Price increase has been stopped in the euro zone

According to Eurostat's statistics of inflation, in May 0.0 percentage value was indicated in the 12 monthly consumer price index for the euro zone. On monthly basis, 0.1 percent inflation...

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Only one-third part of the adults are willing to protect the environment

Only one-third part of Hungarian adult population, are interested in the environment, as a subject. Similar proportions are those who say they are willing to do, to protect the environment...

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158 thousand businesses in Hungary at the end of 2008

New stores were opened in all regions of Hungary last year, with a total of 137 thousand sqare meter basic area. The size of the national basic area has been...

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In case of cartel suspect, they firms have to demonstrate

There is no international example of the modification of the Hungarian Competition Act. From now the sued companies have to prove, that their illegal market behavior put less impact on...

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VAT- war between the processors and retailers

The National Food Processors Association reported to the Economic Competition Authority that the processors of the chain of stores want to force the supplier firms to a 4-6 percent reduction...

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The Mangalica holders are in advantage – Swinefat is increasing

Long time ago fat was the food of the poor. At the moment it is far more expensive than cooking oil. According to market analysts, the oil price rise is...

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Czech retail sales decreasing further

For April, the retail sales were decreasing for the sixth month in the Czech Republic. The economic recession and the rising unemployment rate reduced purchasing. The annual retail sales decreased...

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Thirty-two hyper – supermarkets and discounts, and 18 drugstores opened this year

The main criterion in the choosing of shops is to find a store where the customers can find everything they need. By the end of 2007, 1016 hypermarkets, supermarkets and...

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Sixty-five percent of the domestic firms has debt that has expired

The Marketx Group on behalf of Coface Hungary, examined the risk management practices of domestic firm. An increasing number of companies are affected with debts and their own debts are...

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International meat seminar in Germany

The German-based CSB System AG, organises an international seminar linked with a plant visit for the leaders of Meat Companies on 17 and 18 June in Geilenkirchen, Germany. The topics...

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New leader at the Nielsen's Trade Relations Division

Since 16 April 2009, Hortobágyi Ágnes (30 years) will be the new leader of Trade Relations Division at Nielsen. Hortobágyi Ágnes joined the Nielsen team five years ago. Before her...

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WTO: world trade is in a worrying situation

According to Pascal Lamy, the President of World Trade Organization (WTO), the value of global trade decreased by 9 percent and there are no signs of improvement. "I do not...

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Public sentiment is stable in May

According to Nielsen market research company's monthly survey, the consumer confidence index in May stabilized on 40 points, on the same value as it was in April and 3 points...

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Thirty-seven percent of women like to spend their time with purchasing

GfK Hungária made a survey about The “typical” Hungarian woman, which shows, the Hungarian women's values, what are they doing in their spare time and what are their shopping habits....

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Increasing sales on the cosmetics and household chemical goods market

The retail sales of household chemical goods and cosmetics increased by 3 percent between last May and the April of this year, compared to the previous similar period, with a...

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Increasing inflation in May and on an annual basis

In May, the monthly increase in consumer prices was 1.5 percent. Compared to the May of 2008 it was 3.8 percent. In the first five month of this year prices...

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The emmissioning of cafeteria vouchers is a successful business

The turnover of the companies emmissioning cafeteria vouchers was billions of forints in 2007. Pre-tax profits were around 50 percent of net sales. The issuers paid hundreds of millions for...

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Law Proposal instead of food code

After Economic Competition Authority alleged food code's several details, parliamentary parties will submit a common law proposal on regulating the ethical behavior of food retailers. According to the Economic Competition...

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The consumer expectations improved again in June

The seasonally adjusted value of the GKI consumer confidence index increased by 4 points to -64.3 points, after the turning point in May. According to the survey supported by the...

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Drought and hail affects agriculture

Because of the weather, the agriculture is in a difficult situation. Food will become more expensive due to the lower production and the ice damage. Price increase might be up...

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Commercial chain would bound VAT increase on food producers

Several large commercial chains turned for help to the processors, asking for a discount of 4-6 percent because of the VAT increase. According to Boródi Attila, Executive Chairman of the...

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The Hungarian rosé can survive

The European Commission announced that Brussels does not support the proposal, which would allowed the production of rosé wines combining red and white wine – reports Origo. The authorization procedure,...

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Decreasing Hungarian GDP in the first quarter

The gross domestic product (GDP) in the first quarter of 2009 was 6.7 percent lower than a year earlier, with the screening of calendar effect it was 6.1 percent lower...

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Employment can decrease with further four percent

According to Manpower's international survey the number of employees in the third quarter of the year can decrease by 4 percent in Hungary – states Kiss Judit, the Managing Director...

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Poultry sector can increase this year

Despite the adverse economic conditions, the poultry sector calculates with about 6.5 percent growth for this year – stated Bárány László, President of the Poultry Product Council (BTT). The President...

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Renewal of the Új Magyarország Development Loan

According to the Ministry of Agriculture for the end of June, the commercial banks will also make available the new and even more favorable version of Új Magyarország Development Loan....

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One hundred million euro credit line to medium-sized businesses

Hungarian Development Bank Ltd. (MFB) and the European Investment Bank (EIB) signed an agreement of an amount of hundred million Euros credit line, to finance the projects of medium-sized businesses....

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