Market News
The international chains defeat the domestic
Date: 2009-11-09 00:09:02
The Vienna based RegioPlan Consulting analyzed the main market participants in nine Eastern European countries. In some sectors it was hard to find a domestic company among the top players....
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External trade balance: it will be slow to recover
Date: 2009-11-09 00:07:12
The trade balance surplus was not surprised the analysts. The moderation of exports decrease shows an improvement, however, several analysts see the dynamics of the improvement powerless. According to the...
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EU protection for Makói onions
Date: 2009-11-09 00:07:01
The European Commission picked up Makói onions on the narrow range of protected products known as the European Union list. The Hungarian specialty, was picked up on the list with...
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The agricultural production decreases this year, compared to 2008
Date: 2009-11-09 00:04:28
According to Kopint-Tárki and Agrár-Európa Tanácsadó Ltd.’s Agrármonitor; this year's production level is expected to be 10-12 percent below compared to last year's outstanding value. Producer prices also decreased in...
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Only good products are on this list
Date: 2009-11-09 00:04:01
The “Good product” database, of the Association of Conscious Consumers was published. The database informs the costumer about the characteristics of dairy, chocolate, cocoa and coffee products and gives tips...
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Health protection for the economic growth
Date: 2009-11-09 00:03:52
The World Health Organization statistics and national studies show that 73 percent of the workers' health depends on factors, that can be controlled. The largest share of the 73 percent...
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Price increase in the stores
Date: 2009-11-09 00:01:00
Origo’s product basket price increased significantly, compared to the last survey. The web portal – as before, now it did not take own branded products into account. The prices of...
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Romanian pork exports can be re-started
Date: 2009-11-09 00:00:15
Next year, Romania can export pork products, such as Szebeni salami into the member countries of the European Union as well as raw meat exports may restart – announced Emil...
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Hungarian product from Hungarian shop
Date: 2009-11-06 00:05:22
Leader Alliance for the Renewal of the Countryside, the Coop Hungary Ltd. and the East-Central European Federation for Small and Medium-sized Enterprises signed an agreement with “Hungarian product from Hungarian...
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Even the chocolate declines in the crisis
Date: 2009-11-06 00:03:25
The confectionery industry is also infiltrated by the crisis. According to Bélai Krisztina Secretary of the Hungarian Confectionery Association, the third quarter datas are already indicates a decline in the...
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Weak retail datas from Europe
Date: 2009-11-06 00:03:00
According to Ecostat; Euro zone retail sales fell unexpectedly in September, on a monthly basis. This shows the weak consumer demands, which questions the strength of economic expansion. Within the...
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Improved payment morale
Date: 2009-11-06 00:02:00
According to the most recent report of Dun & Bradstreet ; The economic crisis brought new trends in the payment patterns: in low rates, but the Hungarian payment morale has...
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Cutted off beef heads on the demonstration of dairy producers
Date: 2009-11-06 00:01:25
A dozen cutted off beef heads were taken in front of the Ministry of Agriculture and Rural Development on the Thursday dairy demonstration, where dairy farmers protested against the lowest...
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Increased in value, in volume food store sales are stable
Date: 2009-11-05 00:07:01
The value of food retail sales rose by 3 percent, between December 2008 and September 2009, compared to the previous similar period, from the 90 product groups measured by Nielsen...
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The profitability of the beverage industry is falling
Date: 2009-11-05 00:06:12
The VAT and excise duty increase was a severe shock to the domestic distillation industries: The main participants of the market only expects the keeping the turnover on level this...
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The brand value of consumer goods has increased
Date: 2009-11-05 00:04:12
Europe's most valuable brand is the world's largest mobile operator company, the Finnish Nokia, the second is the French luxury manufacturer the LVMH group, while the third is the Belgian...
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The Four Paws attacks again
Date: 2009-11-05 00:02:00
Animal and consumer protectors assessing the Austrian catering operators, because they use “lower-quality Hungarian goose-flesh”, instead of domestic products. Twenty-four percent of the Goose-flesh consumed in Austria is domestic product,...
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Calories tax in favor of the public interest
Date: 2009-11-05 00:01:00
Unhealthy nutrition and obesity are becoming increasingly serious problem in the developed part of the world. It is no coincidence, that in the United States, sugary soft drinks, in Denmark...
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Hungarian companies believe in late upturn
Date: 2009-11-04 00:05:08
According to the most recent survey of Coface Hungary Credit Insurance Company; the earliest date of the economic recovery can be in the second half of 2010. The leaders of...
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Positive changes in the working capital loan program
Date: 2009-11-04 00:04:11
Commercial enterprises may also use the sources of the New Hungary working capital loan program, which is supported by the Hungarian Development Bank Ltd. The program was originally announced for...
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Finally, the producer pays instead of the ”black market”
Date: 2009-11-04 00:01:55
According to Hungarian Chamber of Agriculture; On the stagnating cereal market the ”black traders” are gaining profit. Usually tricking with the VAT, in the name of not existing foreign companies....
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The public is confident, the optimism of the companies is broken
Date: 2009-11-03 00:01:12
Ecostat’s aggregate business cycle index decreased by 0.5 percentage points to 77.6 percent in October, compared to the previous month. While the public confidence indicator rose strongly, business confidence indicator...
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Price comparison market is getting more focused
Date: 2009-11-03 00:00:59
No more than three price comparison sites could remain on the Hungarian market in long terms. This Internet service can accelerate the competition in the market. At the beginning of...
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Twilight of the Irish pubs
Date: 2009-11-03 00:00:15
According to a study, 2000 rural pubs could be closed in the next 10-15 years in Ireland, because of the law changes and due to the weakening economy. According to...
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Spirits: brandy, pálinka brandy and bitter are the most popular
Date: 2009-11-02 00:03:58
The retail sales of distilled spirits were 73 billion HUF between October 2008 and November 2009, just like as in the previous comparable period. However, a 5 percent volume reduction...
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The foreign trade balance improved further – besides declining exports and imports
Date: 2009-11-02 00:02:11
In August, the foreign trade exports decreased by 10, imports by 15 percent, compared to a year earlier. In the January-August period, exports decreased by 17, imports by 23 percent...
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Increase in the support for product sellers
Date: 2009-11-02 00:01:55
The government will increase the support of its working capital loan program with three billion HUF in order to support the product sellers in the fruit and vegetable sector. Government...
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Still far from a real boom
Date: 2009-11-02 00:00:42
Chen Deming, Chinese Minister of Commerce and Joseph Stiglitz, Nobel Prized economist also expressed doubts about the fast recovering from the recession, at an economic conference in Shanghai. Although more...
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Plaza Centers: stopped investments in Romania
Date: 2009-11-02 00:00:15
Plaza Centers, suspended its eight Romanian projects. The planned investment projects would have been realised in a worth of a total two billion euros. "In the current economic situation it...
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U.S. economy grew in July-September
Date: 2009-10-30 00:03:00
The U.S. economy grown by 3.5 percent in the third quarter. Analysts expected 2,7-3,5 percent increase. The U.S. economy became smaller with 2.3 percent last year. In the first quarter...
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