Market News
Russia do not need poultry imports
Date: 2010-10-20 13:30:15
Russian Prime Minister Vladimir Putin said that Russia will not need poultry imports in 2011. Russia’s poultry production has already increased by 70 percent, while pork production by 39 percent....
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Retail is the most risky among the Hungarian industries
Date: 2010-10-20 13:10:55
According to the most recent analysis of the Dun & Bradstreet (D & B) international company certificationer; The retail industry has been included among the five riskiest industries. Although the...
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Businesses expects smaller profits for the next year
Date: 2010-10-19 20:10:43
According to the most recent survey of K&H; The leaders of the small and medium size enterprizes expect smaller profits in the fortcoming year. “The SME managers are expecting an...
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Milk production and consumption seen higher in 2010
Date: 2010-10-19 18:40:51
Milk production within the European Union is expected to increase this year, despite fewer producing cows, on the strength of a higher average yield per remaining animal, says the US...
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Hypermarket tax may affect the staff badly
Date: 2010-10-19 17:09:47
Workers may wave good bye to several fringe benefits, due to the introduction of the new tax and their wages will be only increased as it is required – reports...
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The private labels and import milk are the winners
Date: 2010-10-19 15:52:54
The surge of imports and the expansion of private label products are the two decisive factors in the domestic retail trade of dairy products – reported Világgazdaság on Tuesday, on...
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Real wages rose by 3.1 percent in January-August
Date: 2010-10-19 14:32:11
The real wages – beside the 5.2 percent rise in consumer prices – increased by 3.1 percent, in the first eight months of the year, compared to the previous year...
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The repayment installments can take away the income surplus
Date: 2010-10-18 20:50:07
According to the weekend assessment of BNP Paribas banking group; it is expected that the Hungarian households, with higher-income will benefit the most from the changes of the tax regulations....
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A quarter of Hungarians can not get enough meat
Date: 2010-10-18 14:05:03
In Hungary, 26.5 percent of the population can be considered as qualitative hungry, which means that does not consume meat at least every second day – said Vajda László Head...
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Domestic resources in the Green Economy
Date: 2010-10-18 13:52:11
Green economy stimulus expands by using Hungarian constructed, Hungarian-owned wind power generator technology. The 6-billion HUF worth investment will create 200 jobs in Tiszaújváros. The increase of renewable energy sources...
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Tesco, Spar, Auchan – the ranking of contributors
Date: 2010-10-18 09:27:42
According to the datas of the preliminary flash survey of the National Trade Association; among the retail chains Tesco will pay the most special tax, 12.1 billion forints, followed by...
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OKSZ: the price gap should be the tax base
Date: 2010-10-15 18:50:46
The prime minister's announcement surprised the National Trade Association. On the basis of the 13th of October announcement of the PM, the commercial chains should help the budget for three...
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Further increase in U.S. retail sales
Date: 2010-10-15 15:40:09
In September, retail sales increased by 0.6 percent in the U.S.A. – announced the U.S. Trade Ministry, on Friday afternoon. The fresh data is a pleasant surprise, because analysts expected...
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Hungarian pig breeders cannot compete with the cheap Dutch import
Date: 2010-10-15 12:05:25
According to the National Federation of Agricultural Cooperators and Producers; the pig breeders are in critical siztuation. They cannot compete with the cheap Dutch imports and do not receive market...
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(HU) Magyar Édességgyártók Szövetségének elnöke rostgazdag kekszeket ajánl
Date: 2010-10-15 02:11:23
Sorry, this entry is only available in HU....
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Parragh: in the end the consumer pays anyway
Date: 2010-10-14 18:28:26
To ensure fiscal balance there was no other choice – said Parragh Laszló, chairman of the Hungarian Chamber of Commerce and Industry, over the crisis tax measures notified by Orbán...
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GKI:Tributes and battles in the budget
Date: 2010-10-14 15:46:30
The new government announced new temporary tax and impositions, excessing the 2.5 percent of the GDP. Special tax will hit the banking, energy and telecommunications sectors for three years, as...
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A new crisis may come – said Nouriel Roubini
Date: 2010-10-14 15:12:12
The professor who predicted the global economic crisis has stated that probability of the double-bottomed recession is 40 percent. The chanse of a newer recession increased from 35 percent to...
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CBA and the Real can get away from a serious crisis tax
Date: 2010-10-14 15:10:40
The announcement of the Prime Minister about the crisis taxes did not caused a surprise, since it is already part of the official communication of the past few days. The...
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New cage EU standard cages will cost 20 billion for the Hungarian egg producers
Date: 2010-10-13 17:57:29
At the end of the week the Egg Festival will be held in Siófok, where one can learn everything about the “most simple canned” food. But there is not much...
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Poor harvest is expected
Date: 2010-10-13 17:19:46
There is not any Hungarian wine region, which could be fully satisfied with the harvest this year – said Csaba Horváth, the Secretary-General of the National Council of Wine Communities...
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Decreasing mall building mood in Eastern Europe
Date: 2010-10-13 17:03:15
According to the datas of the Austrian RegioData research company; Compared to the peak of 2007, the number of mall-building projects in the Southeast, and Eastern European region may decrease...
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Industry in Europe accelerates
Date: 2010-10-13 13:14:25
Industry in Europe accelerates The industrial production in August, continued to grow in the European Union and the trend does not break. Hungary also performing outstandingly. The industrial production grew...
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54 percent of the domestic bills are paid late in Hungary
Date: 2010-10-12 19:22:07
Half of the domestic bills are paid late in Hungary – said Vanek Balázs, leader of the Hungarian branch of the Atradius Credit Insurance Company, although he expects a slow,...
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Nielsen: costumers spending more on global health and beauty trends
Date: 2010-10-12 16:29:02
With consumers around the world cutting back on discretionary expenses during the recession, Nielsen probed consumers’ attitudes towards health and beauty (H&B) products—where they purchased them and what factors went...
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Significant changes in the price of agricultural products
Date: 2010-10-11 14:39:30
In August, the producer price level of agricultural products increased by 20.1% compared to the corresponding period of the previous year – KSH announced today. More specifically, the price level...
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Surging coffee prices trigger consumer pain
Date: 2010-10-11 10:28:12
Over the last six months a highly speculative green coffee market and dramatically increased commodity costs have completely altered the economic and financial picture of many players in the coffee...
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Employment grew in September
Date: 2010-10-11 10:05:11
According to the website of the Public Employment Service (ÁFSZ); The employers announced 28,400 new job opportunities in September, so in one month, the reported number of new jobs increased...
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Waiting for tax and financial laws
Date: 2010-10-11 09:02:59
According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the conditions for growth in 2011 are worse than previous expectations. Compared to 2010, growth...
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Budapest stepped back on the business destinations list
Date: 2010-10-11 07:57:28
Budapest fell back to the 30th place, from last year’s 26th on the list contains 36 European cities based on the expansion plans of foreign firms, published by Cushman and...
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