Market News
Szepsy István is praised as the winemaker of the century in Poland
Date: 2010-12-17 12:45:27
The most prestigious Warsaw-based Polish wine professional magazine, the Magazyn Wino has chosen Szepsy István as the man of the year. Before the Grand Prix awards ceremony an international jury...
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Nationwide inspection, because of the honey scandal
Date: 2010-12-17 12:34:50
Offense to the police was carried out against the Pannon Honig Kft. because of the suspicion the company sold unmarked honey, that contained antibiotics over the health limit. Fazekas Sándor...
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KSH: 131 700 HUF is the average net earning
Date: 2010-12-17 12:32:30
Real wages beside the 5 percent growth of the consumer price index, increased by 2.8 percent in January-October, mostly due to the changes in the personal income tax rules –...
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German business indicator is the highest since the unification of the two Germanies
Date: 2010-12-17 12:20:29
The business indicator of the Munich-based Ifo Institute for Economic Research increased, instead of the expected decline. The index became 109.9 points, compared to the 109.3 points of November. The...
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The EU court decided: the chocolate reindeer could not be protected
Date: 2010-12-17 12:17:39
The European Union's general court decided not to accept the request of Lindt & Spruengli AG and August Storck companies over chocolate products. The Swiss and German companies turned to...
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Laws tightening will make the self-produced food more expensive
Date: 2010-12-16 17:05:42
The amendment would prohibit the marketing of self-produced food “below cost price”. According to the traders; the law can not rewrite the long-term competitive market conditions. According to the informations...
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The meat industry faces deficit this year
Date: 2010-12-16 16:32:59
Meat processors face serious difficulties between the producers and the dealers. In order to reduce their losses they export their products, in March they are expected to increase their prices....
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Crisis still continues in the real economy
Date: 2010-12-16 15:45:25
According to the analysis of Coface Hungary; the crisis has not ended in the real economy, the massive bankruptcy of the companies continues. Although the annual twenty-thirty thousand bankruptcies compared...
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800 thousand visited the Corvin since opening
Date: 2010-12-16 15:42:11
Since its 27 October opening, the new downtown shopping center, the Corvin puts a special emphasis on development and on operation. The latter proved to be very effective. Since the...
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Ipsos: Thanks, we are fine
Date: 2010-12-16 15:40:05
We had an odd year: good and bad experiences cumulated in the mood of the people. The three-quarter of the Hungarians complained about of their finances ans financial situation and...
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Men are are efficient when buying Christmas gifts
Date: 2010-12-16 05:43:37
Even though this year Christmas gifts are going to be more modest than last year, the holiday will be a lot like in the previous years. Most people spend less...
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Silver Sunday was successful, traders are confident
Date: 2010-12-16 05:36:41
According to traders this season is much more intense than last year. There are more customers, mainly interested in technical products. The real rush is expected for next week. Malls...
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Industrial production increased over 8 percent in the last 12 months
Date: 2010-12-16 05:30:46
The volume of industrial production grew by 8.3 percent in October 2010, compared to the same period of last year. The production in the first ten months of the year...
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VOSZ: The majority requires Sunday's opening hours
Date: 2010-12-15 16:10:30
According to the National Association of Entrepreneurs and Employers (VOSZ), the whole Hungarian economy and the majority of the population require weekend opening hours of the retail shops. In the...
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Young people spend more on Christmas gifts
Date: 2010-12-15 13:30:54
Young people spend more, but less and less young people pay with cash at Christmas. One study found that the youngest bank customers spend an average of nearly 23 thousand...
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Sows should gave birth to more piglets to catch up with Western Europe
Date: 2010-12-15 13:00:41
The efficiency of pig production should be increased. Currently a sow has an average of 18 to 20 piglets. This should be increased to 26 to 28 – said Német...
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The Competition Authority punished again
Date: 2010-12-15 11:29:42
The Competition Authority fined another company organizing consumer groups. The Quantum Invest like the others, has published misleading advertisements, therefore fined to 4.7 million HUF and prohibited the company from...
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Agricultural products prices increased by a quarter in one year
Date: 2010-12-14 15:47:10
The level of agricultural product prices were 24.7 percent higher in October 2010, than a year ago. In particular, the price level of plant products increased by 37.1 percent, the...
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Meat test with test purchases: one-fifth of the items had a problem
Date: 2010-12-14 15:05:52
Five from 26 items had problems, during test purchases, meaning the item was not of sufficient quality – states the National Meat Institute (OHKI), after the joint test, carried out...
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Asia’s retail sales taking the lead
Date: 2010-12-14 12:16:22
According to a recent study; the consumption of the population, will accelerate in such an extent after the crisis, that within four years the annual retail sales of Asia may...
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Hungarian webstores to introduce free delivery
Date: 2010-12-14 12:14:35
On the 16th of December several hundred of webstores will deliver the product free to the customers. Everyone will receive the products by Christmas. The first was organized in the...
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In case of force majeure producer is exempted
Date: 2010-12-14 12:10:59
Monday, the National Assembly amended the Agricultural Market Act. The producers, in the case of a force majeure event are not obliged to the full compliance of yield sales contracts...
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Men use list, women their intuition during purchasing
Date: 2010-12-14 12:10:19
According to a survey; about 80 percent of the Christmas gifts are purchased by women. It often happens that they buy even their own gifts and put them under the...
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Negative record in sugar production: a further price increase may come
Date: 2010-12-14 11:55:24
The sugar production is expected to decrease to its two decade nadir in the world's third largest sugar-producing country, in Australia. According to the report of Abares, the Australian Agricultural...
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Growing interest in Hungarian fish-production
Date: 2010-12-14 07:20:12
The interest in Hungarian fish has reached the level of interest in the late eighties. Fish-production has been successful and efficient in Hungary throughout the past few years, just last...
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Magazine: Always at hand
Date: 2010-12-13 23:21:01
Consumers pay more attention to skin care in the winter months. Cold, wind, heating and a hot bath or an ill-chosen cream can all dehydrate the skin, especially the hands...
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The new modell of the Chamber of Agriculture would be beneficial to the producers
Date: 2010-12-13 16:54:02
According to one version of the draft legislation; The food processors involved in distribution and marketing can be forced members of the Chambers of Agriculture. The new plenum can receive...
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The Christmas rush started in Germany and in Hungary
Date: 2010-12-13 16:27:28
The traffic is much higher than in the same period of last year. According to the German Trade Association (HDE); the flat screen TVs, jewelry, watches and the games are...
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Christmas-shopping is a major stress-source for Hungarians
Date: 2010-12-13 16:05:45
Hungarians are very fond of Christmas, however they are sick and tired of compulsory Christmas shopping – a new online survey carried out by Árukereső.hu pointed out, after having interviewed...
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We eat far less fish than the EU average
Date: 2010-12-13 13:19:02
This year’s fish production will be 21 to 22 thousand tons in Hungary, about 15 percent less than the average, mainly due to the badweather – said Németh István, the...
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