Market News

Not recommended for dieters: a 140 thousand calorie hamburger

An American team, whose aim is to create the most heroic dinner of the world prepared. the 140 thousand-calorie hamburger. Nearly 10 kilograms of bacon, 6 kilograms of beef and...

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GKI: Waiting for the package

According to the forecast of GKI Economic Research Co., economic growth in Hungary will pick up in 2011. External demand will increase at a lower rate than last year but...

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The MOSZ would easen the feed shortage from the grain reserve

The feed shortage should be easened from the grain reserve, specifically for livestock farmers – said Horváth Gábor, the Secretary-General of the National Federation of Agricultural Cooperators and Producers (MOSZ)...

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To choose a partner is particularly important in the SME sector

This year it is expected, that more than the 3 percent of the domestic firms will become insolvent. Because in the small business sector, customer relations affect mostly the economic...

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German consumption is expected to grow significantly

In Germany, the growth of public spending is expected to be threefold this year, compared to last year – shows the forecast of the GfK German market researcher. According to...

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No increase in the number of bank-customers in 2010

In the past 10 years, 2010 was the first year when banks have not gained a significant number of new customers. Still 82 percent of the adult population has a...

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A stabilized market of cosmetics and household chemicals

The market for cosmetics and household chemical products stabilized. Retail trade turnover reached about 300 billion HUF last year, similarly to the results of the previous year. Plus 1 percent...

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Nearly one hundred businesses may be included on the positive consumer protection list

On the basis of the tests carried out in the past three weeks, nearly one hundred sales and service companies have chance to be included to the positive list of...

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There is a lot to improve in terms of innovation

The European Union could not catch up with its main international competitors and still below the performance of the United States and Japan – shows the so-called Innovation Scoreboard, issued...

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Hungarian-Slovak cooperation for the benefit of small farmers

Pozsony and Budapest, would like to achieve that the farmers, who are producing in the Slovak-Hungarian region could market their products on both sides of the border. Among other things,...

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FAO: the price of milk accelerates

The UN Food Organisation, the FAO states, that food prices have once again increased to record highs in January. The largest increase was measured in dairy products. The FAO food...

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Retail sales declined in the EU

According to Eurostat figures published on Thursday; decrease in sales was 0.6 percent, compared to the previous month, and 0.9 percent, compared to the previous year. Analysts expected a monthly...

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Egypt is driving up the prices of foodstuffs

The situation is not improving in Egypt: the clashes between the governmental and pro-government forces continued. The journalists are not safe to work in the vicinity of protests. Moreover, several...

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Power struggle increases the world price of cocoa

After Jamaica, Ivory Coast may be the next country, which may bankrupt. The African country gives more than one-third of world's cocoa production. The problem is that, because of power...

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Alliance is the only way out of the crisis

Alliance is the only way out when it comes to the current crisis – István Jakab, vice president of the National Assembly of Hungary pointed out on Thursday in Budapest,...

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A regulation will define what constitutes to be a Hungarian product

The concept of the Hungarian products will be defined in the food industry – said Kardeván Endre, Secretary of State of the Ministry of Rural Development, responsible for food chain...

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This year export expands faster than import again

Last year's record trade surplus was generated by the significantly increasing exports of the German economic recovery, and while analysts polled by MTI expect a decline in surplus this year,...

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World’s food production will collapse without bees

Mysterious disease decimated the bees in western Europe. The professionals have not yet found an explanation for the mysterious depopulation of the bee families, but the process in long terms,...

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The agriculture and food industry can also win with the New Széchenyi Plan

The New Széchenyi Plan offers alternative for the agriculture in the area of health industry of the green economy, development, enterprise development, employment programs and the development of transportation –...

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The draft of the bill hungaricum became vacated

The ministry's proposal is not about the Hungarikum institution system or the special promotion of national values. Only a trademark meaning the obtained, statutory benefits – writes Népszabadság Online. According...

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Dioxin harshness to be easened

According to the communication of the Ministry of Rural Drevelopment; the Chief Veterinarian reduced the domestic investigations of German pork products,  because it was proved that the German authorities are...

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The Chinese are buying wineries near Bordeaux

Chinese investors are buing wineries near Bordeaux one after another. The last time, the largest food company of the Asian country largest appeared at the famous wine region. The state-owned...

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The world's strongest economy marches out of the crisis

The U.S. Chicago purchasing index in January jumped to 68.8 points instead of the expected 65 points, which is a high value have not seen since July 1988. The production...

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German retail to reach pre-crisis level this year

In Germany, retail sales in 2010 increased by such an extent, have not seen in six years, but pre-crisis levels will be reached only in this year – shows the...

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No food crisis in Romania

Romania's is about to import 400,000 to 500,000 tonnes of wheat this season – the Deputy Minister of Agriculture pointed out. According to Adrian Ră­du­lescu, out of last year's harvest,...

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There is plenty of feed available in Hungary

Sufficient amount of cereal feed is available in Hungary, in order to satisfy all feeding needs – says the Ministry of Rural Development. EU is not struggling with the lack...

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Rural development: a stricter administration system to be set up

Hungarian National Rural Network faced a radical change in the past couple of months. According to chief secretary of the association, no money will be distributed from no on without...

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It's worth getting more information on EU-facilities

A new workshop is about to be launched this year, on 7th February. The event will take place not only in Budapest, but also in Miskolc, Győr, Szeged, Székesfehérvár, Pécs,...

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In December industrial producer prices rose by 8.1 percent

As a result of the domestic and export price changes, industrial producer prices, did not change in December 2010, compared to the previous month, but compared to a year earlier...

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The poultry prices may increase, the dioxin-scandal affected the pig industry badly

According to experts; because of the high feed prices, the price of poultry may became more expensive. Due to the cheap pork imports from Germany, there will be no increases...

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