Market News

Wine marketing: one billion for the next year

The Agricultural Marketing Center will not be included into other professional organizations, still remain under the control of the Ministry of Agriculture, moreover the AMC will take over the tasks...

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Whole Europe suffers from the lack of potatoes

Hungary will have to import potatoes this year: Usually Hungary produces 600-700 thousand tons, this year’s harvest will be about 350 thousand tons. Due to the lack of potatoes, the...

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German criticism on the special tax

The Head of Foreign Economic Relations Department of the Association of German Chambers of Industry and Commerce (DIHK) criticized Hungary for the special taxes on energy and telecommunications groups. Acccording...

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FMCG-items to face a 3-5 percent growth next year

Sales volume of FMCG-items is about to reach a growth of over 5 percent in the next year – experts in Visegrád pointed out within the compass of the Retail...

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Food VAT will only increase in the case of 1-2 basic food

Czerván György the Secretary of the Ministry of Rural Development (VM), said that the ministry wanted to reduce the VAT of meat and bread, milk, sugar and cooking oil by...

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The crisis stopped the mood to shop online

According to the E-Shopping Report survey of KutatóCentrum; Over the past year, due to the stagnation and the decline in the number of transactions the online market has not expanded...

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Stagnating German consumer confidence

The economic expectations among the German population have improved in October, while the earnings expectations for the development and the propensity to buy have declined. Overall, consumer confidence remained unchanged...

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Tesco introduced the smart phone, purchase

Tesco has unveiled a mobile application that allows the owners of the devices can purchase online by reading the barcodes at home. The application was developed by Ribot. The application...

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New product by Milli Mia

The new pruduct of the Millia Mia candyfamily is Milli Mia Creamy Cottage Cheese with Prunes, and the item will be introduced in late November, and will be available until...

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Corporate responsibility: twelve companies joined this year's CSR program

Twelve companies have joined the Hungarian-initiated GOOD CSR program this year, which is a form of corporate self-regulation integrated into a business model. Companies possess great potential to make positive...

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The growing supply may cause price reductions on the coffee market

Over the past year, the course of coffee increased by 34 percent, since the offer on the market hardly exceeded the demand. This year, the big coffee producer countries may...

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(HU) Baromfi Termék Tanács: illegálisan érkezett a jelöletlen tojás Magyarországra

Sorry, this entry is only available in HU....

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SMEs can easier access credit

While in the eurozone, it is still more difficult to acquire new resources for small businesses, in Hungary this proccess has halted: banks not tighten further the conditions of lending....

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The industrial orders of the Euro zone increased

New industrial orders in the Euro zone increased with a much greater extent, than it was expected in August – published the European Union's statistical office on Monday. The monthly...

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Huge interest at the tourism exhibition of Hungexpo

According to the communication of Hungexpo; Hoventa the International hotel, catering and gastro-technical exhibition successfully closed on Friday night: Compared to last year, about 70 percent more professionals visited the...

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Russia maintains the ban of grain export

The Russian government extended the ban of cereals export, in its meeting in Rostov at the weekend. Exports were stopped by the government from 15 August, because only 60 million...

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The special tax slows down the expansion of retail chains

It seems that the hypermarket tax slows down the expansion of the retail chains. Auchan spokesman said that the chain has to review its expansion schedule, because of the tax....

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Coface: growing insolvency and problems in retail businesses

In the first nine months of 2010, the insolvency of companies grew to 18 percent as compared to the rate of this time last year, the growth rate on the...

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GKI's economic sentiment index reached its four-and-a-half-year high in October

GKI's economic sentiment index adjusted for seasonal effects has not been as high as now since four and a half years. According to the survey conducted by GKI Economic Research...

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The worst honey crop of the last 50 years

Over the past fifty years, there has never been so bad honey crop, as in this year – claim the beekeepers across the country. Beside the cold, rainy weather bee...

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Button managed credit cards from Citybank

Citibank will soon begin testing its new type of credit cards in the United States. The modern plastics can be controlled by buttons, and are much “smarter” than their predecessors....

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Better-than-expected German business sentiment

The 2010 October sentiment indicator of the Munich-based Ifo Institute Economic Research increased above the expectations. The index increased to 107.6 points from the 106.8 points of September after the...

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The OKSZ expects expanding consumption for Christmas and for the next year

Traders expect larger turnover this year, compared to 2009. The National Trade Association (OKSZ) based its optimism on the fact that traffic started to grow in the second half of...

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Hungarian milk may ease Serbian milk deficit

Serbia plans to import a monthly 5-7 million liters of milk to ease Serbian milk deficit. Among the suppliers, the Hungarian dairy industry can also get an order. In September,...

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Wine tourism centre opened in Southern Transdanubia

The wine tourism centre will help wine market access for the wines of the Pannon Wine Region. The wine tourism centre opened on Wednesday in the Vince Street of Pécs....

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German retail chains are afraid of Hungarian precedent

The German retail chains, fear that other Central and Eastern European countries – following the Hungarian precedent – will also introduce a special tax. According to the chains; the special...

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Retail sales decreased by 3.3 percent in the first eight months

In August 2010 retail turnover volume was similar to the previous year. In the first eight months of the year – on the basis of the calendar-adjusted datas – sales...

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The slowing Chinese economy is still able to reach a 10 percent growth

Chinese economy increased by an annual 9.6 percent in the third quarter of 2010. It is 0.7 percentage points slower than in the April-June period – reported to the Chinese...

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Youngest customers opt for online banking

The youngest clients of banks speak a new language when it comes to financials: for them, banking means primarily the bank card and the internet banking, a new survey of...

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29 percent would immediately try the new products

According to the research of TÁRKI Social Research Institute; The proportion of those who think the novelties are the assets of consumtion increase is steadily growing. Although there is still...

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