Market News

Hungary is the seventh most popular investment target in Europe

Only Poland has a better position in the region, as shown in the survey by the professional services firm Ernst & Young, made on a sample of over 800 executives....

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Food safety control starts soon

Before the inspection the Hungarian Food Safety Authority gives out information bulletins about how to evade the food poisoning.  In the near next week begins the summer clean-up by specialist...

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Surplus at Hungarian trade balance

Over the course of January–April 2008, the value of exports was HUF 6,394 billion, while that of imports totalled up to HUF 6,309 billion, according to preliminary results.   The...

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The export of manufacturing continued to grow

According to quarterly calculations gross domestic product of Hungary increased by 1.7% in the first quarter of 2008, and by 0.9% when adjusted for calendar effects.  The economic growth of...

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Bye-bye Greengrocers

The Daily Telegraph reports that nearly 3,000 greengrocers have closed in the past decade in UK.   The newspaper said that shoppers have been left considerably worse off, with the...

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Dairy farmers won, retailers increase prices

German dairy farmers say they have ended a 10-day strike protesting low milk prices.  Milk federation union chairman Romuald Schaber said Thursday, "We dairy farmers are finally being met at...

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Eurozone Retail Sales Report Surprise Fall In April

Retail sales in the 15-country eurozone fell unexpectedly in April, the third straight month of lower sales. Data from the Eurostat data agency showed that retail sales fell 2.9% year-on-year...

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Small stores closed also in Austria

Last year more than 1,000 small shops finished their work in Austria, the number of small retail units fell to 52,690. According to the Austrian Federal Chamber of Commerce (WKO)...

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Improving Expectations in May

In May the seasonally adjusted Economic Sentiment Index of GKI-that have been published since 1996-increased explicitly from the lows of April that have never been seen before.  The survey of...

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Industrial gross output increased in April

According to preliminary data of Hungarian Statistic Oficce in April 2008 the industrial gross output increased by 11.8% compared to April 2007, the index adjusted by working days rose by...

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Hungarians traveled less than a year before

In January-April 2008 guest nights fell 3 percent, while revenues at current prices grew 2 percent in public accommodations compared with the same period in 2007.  International guest nights –...

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British government considers ban on cigarette packet branding

The proposed ban is part of a consultation document that marks the start of a 12-week debate on how to cut the number of people smoking in Britain.  Britain's Department...

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German Milk Farmers Relax Blockade of Dairies

Thousands of striking German dairy farmers started to relax their blockades of dairies staged, but they continue the protest in front of retail shops. Dairy farmers in Germany and other...

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Supermarkets floorspace and market share grow

According to Nielsen research company the Hungarian supermarkets increceased their sales as the average.  In one year the food sales in supermarkets grow by 18%, the chanel's market share grow...

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The Greek government has mettings with Supermarket owners and dairy producers

The government is concerned that rising prices and inflation of 4.6 percent – a six-year high – could do irreparable damage to its popularity.   Development Minister Christos Folias has...

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Accusation in case M.E.G.A.

In the course of a control in 2006 the specialist of food safety authority found tons of food with warranty periode expired. After 1.5 years enquiery the National Investigation Office...

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Hungarian farmers wants to protest

The Association of Dairy farmers organises a national protest against the low milk prise.   According to Istvan Toth, secretary of the association the organisation is solid with the farmers...

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Rice rationing hits UK consumers

The cost of rice has soared around the world in recent months – and the resultant shortages are beginning to hit home.  Some British supermarkets said they were rationing sales...

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Dutch Milk Producers Block a Cheese Plant

The move follows further’s blockade of a Friesland Foods plant. Hundreds of Dutch milk producers blocked the entry to a DOC Kaas cheese manufacturing facility in the northern town of...

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The growth of the real earnings leads to expansion of the retail

According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank tthe Hungarian economy will get out from the last year’s “hole” in the second half...

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Széchenyi Card Success Story to Continue

After a long preparation KA-VOSZ Zrt., Hitelgarancia Zrt and two ministries National Developing and Economy the new Széchenyi Card construction starts. Széchenyi Card 2 has a longer duration and the...

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In Europe the employees of informatic companies are the most contented

Two softver company, Microsoft and Reaktor Innovation lead the „Best employer in Europe 2008” list made by Great Place to Work Institute. Financial Times publishes a special report ranking the...

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Less mosquitos, but more moth last summer

According to Nielsen's Retail Index last year fall the demand of insecticides in retail, but request of mothpowder increased.   The whole market is HUF 3,5 billion, last year the...

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German milk strike spreads to other European countries

It said deliveries dropped by some 60 percent in Switzerland's Zurich region and in the Netherlands, where the Dutch Dairymen Board urged its 4,000 producers to “keep milk on the...

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The price war begins, but the customers wait

The sales indexes of LCD and DVD recorder are much lower than two years before. According to a recent survey by market researcher GfK Hungária, the 2006 Football World Cup...

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Indecisive milk prices

The milk price will grow, in the purveyance domestic products and import has important part – said specialists on the „World Day of Milk” business forum.  According to Andras Mahr...

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We pay 20% more for chocolate bars

People with sweet tooth last year had to dip into their pocket deeper, the rawmaterial costs increased by 20% in 2007. This year the situation is the same. According to...

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Together with the Control Authorities

Last week Hungarian Entrepreneurs's business forum continued in Southern Transdanubia region, in Pecs.   Entreprenuers bad leading systems, attitude by non following the rules, the over controlled firms and the...

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