Market News

Britons can drink their own wines in restaurants

An old tradition will return to the British restaurants: the British people can bring their favourite wines. More and more restaurants offering this opportunity to their guests – can be...

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Sarkozy would send cattle to Russia

French President Sarkozy called Russian colleagues to reconsider those “unfair trade barriers” that the Russian party raised against French livestock and meat exports. Sarkozy told, that the cattle destined for...

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Three tons of contaminated peaches at the Spar-warehouse

The inspectors of the Central Agricultural Office found more than 3 tons of contaminated peaches, at the Spar-warehouse in Üllő. In the fruit arrived from Spain the inspector found double...

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Eurostat and World Bank data now searchable on Google in 34 languages

“Last year we launched a search feature that made it easy to find and visualise statistics and public data. Our data visualisation tools are designed to surface statistical information about...

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Yet another Hungarian wine-success: the wine of Gyöngyös is worldwide-known

The wine of gyöngyös-based Károly Róbert College had the privilage of taking part in the Slovenian International University Wine Competition this year, and the avid Hungarian team returned with a...

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Mall builders are awaiting

According to the survey, carried out by the experts of ABLON, which is the largest real estate developer of Central and Eastern Europe; this year, the participant of the real...

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Hungarian-Arab trade may become more active

The Emirates Business Council (EBC) first appeared in Budapest in the region, which wants to encourage the ) trade relations between Hungary and the United Arab Emirates (UAE). The United...

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The Consumer Protection Authority puts a greater emphasis on product presentations

A lot of abuses occur at product presentations, so the Consumer Protection Authority is monitoring the firms, dealing with these kind of events more actively. The official investigations have shown...

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The straw-burning power plant will not, but a factory will be built near Tokaj

The straw-burning power plant will not be built – announced the new major of the city in MR1 Kossuth Radio. But surely to create new jobs a new plant will...

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Trade betwwen EU and China accelerates

The trade of the European Union and China expanded in this year's first half: the exports of the 27 member countries to China increased to 53 billion euros, between January-June...

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The development of the mineral water sector is a priority

The new Széchenyi Plan mentions the development of the mineral sector, as a priority. The natural mineral water is a Hungarikum, known for centuries. Its protection should be considered as...

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The domestic firms are more credible than their foreign competitors

It is becoming less and less trust in the companies, The competition factor role of credibility increased. The results of B & P Braun & Partners Reputation this year's survey...

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Hungary is the leader of worldwide spread pessimism

According to the research of the International Labour Organisation (ILO); The satisfaction with life in the region, decreased the most in Hungary and in Bulgaria. Beside Bulgaria satisfaction with life...

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Unexpected downturn in the retail trade of the euro zone

Instead of the expected growth, the retail sales of the euro zone decreased in August, compared to the previous month. According to Eurostat; a 0.4 percent decrease occurred in the...

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Report from the 12th International Day of Egg

Within poultry, egg production became the loser of the accession, the Hungarian egg production decreased by 20 percent. In the first eight months of 2009, 615 thousand less pullets breeded,...

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Food prices on two years peak

According to the estimations of the UN Food and Agriculture Organization (FAO); Food prices rose to their more than two years of peak in September, mainly due to the increase...

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The advantages of the whole grinded grain

Few people know that the supporters of a balanced diet may be the biscuits and muesli bars, which are easy to purchase and consume. "In fact, the whole grinded grain...

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Internet Alliance for discounted prices

Recently, a new form of shopping has began to spread on the Internet. The basic idea is to bring together as many people who want to buy the same product...

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German retail sales decreased further

Contrary to the expectations in August a decline occured in German retail sales, following the decrease of July. Even the most pessimistic expectations were about only stagnation. In contrast, the...

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The recovery of retail trade may take two to three years

The Hungarian merchant’s turnover declines steadily since 40 months. Finally in July this year a 1.7 percent increase in sales occurred, compared to July 2009. The decrease, however, continues, only...

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Pharmacies have nearly 7 billion annual revenues from the chemicals category

According to the Retail Index of Nielsen market research company; in the supply of the pharmacies, chemicals categories are playing an increasing role, reaching nearly 7 billion HUF revenues, between...

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Population growth and urbanization increase the demand for milk

The global demographic changes also bring new challenges to the dairy industry. The annual milk consumption of the world’s population increases by about 2.4 percent, while its volume is rising...

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The population of the developing countries enriched in crisis

Nearly 600 million people worldwide belong to the middle class. According to Allianz; the crisis decimated especially the giga wealth of Wall Street. The savings between the residents of the...

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The number of credit cards increases in business, but reduces among the population

Despite the economic crisis, the number of business credit cards increases, while the number of household credit cards decreases. In the first half of 2010, the number of corporate cards...

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Duck instead of goose

In recent years, the duck sector accelerated, gaining mainly the market of geese producers – found out at the professional conference organized on the occasion of the Duck Day on...

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There will be no trade war between two of the world's largest economies

“There will be no trade war between China and the United States” – said Timothy Geithner American Finance Minister, after the U.S. voted to use the protective tariffs against China,...

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Ernst & Young forecasts further troubles for Hungary

Unemployment is still about to reach its peak next year in Europe, therefore problems of the euro-zone will definitely have a bad effect on Hungary – Ernst & Young published...

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The market of cosmetics and household product has stabilized this year

The market of cosmetics and household chemical products has stabilized. Their retail trade turnover in January-August this year, has not changed, compared to the first eight months of last year,...

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KSH: Hungary's growth of export slowed down in July

According to freshly published data by Central Statistics Officer(KSH), hungary had a €241 million trade surplus in July 2010, well down from a €564 million surplus in June and a...

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The counterfeit goods caused 900 billion USD damage this year

The “counterfeiting industry” is dynamically growing in the world: the damage done is 900 billion USD this year, compared with the 250 billion USD of 2007 – said Simándi Andrea,...

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