Market News
A liquidation proceedings record
Date: 2009-10-19 00:01:35
On Friday the number of liquidations exceeded the liquidation datas of the whole last year. In 2008, a total of 11 504 initiated liquidation proceedings were started against companies, this...
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The growing challenge of climate change
Date: 2009-10-19 00:01:20
”The global climate change has the bigges affect on agriculture We need to adapt to the increasingly extreme weather conditions at a regional level” said – Katona Béla, president of...
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Logo against import potatoes
Date: 2009-10-19 00:00:41
The National Potato Marketing Association (OBTT) would defend domestic producers against the flood of import potatoes with Hungarian origin marking logo. The label will indicate, that the potatoe was grown...
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Virtual food marketplace for Hungarian products
Date: 2009-10-19 00:00:40
Hungary's first virtual market has been launched a few months ago, where supply and demand can find each other. The Virtual Marketplace’s objective is consistent with the Social Web Shop...
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The consumption of cold non-alcoholic beverages decreased
Date: 2009-10-16 00:04:12
According to the study of GfK Hungária and the European Agricultural Consulting Ltd.; 10 percent fewer cold non-alcoholic beverages were purchased by the households, in this year's first semester, in...
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The GKI – Microsoft's business competitiveness and environmental indices
Date: 2009-10-16 00:04:00
The Competitiveness Index (VEX) decreased in the second quarter of 2009, in all countries, including Hungary. The value of the business environment index (UX) is slightly higher, compared to the...
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Széchenyi Card: seven hundred billion loan outplacement
Date: 2009-10-16 00:03:02
Seven years, 700 billion HUF loan outplacement, 120 thousand cards, more than 150 thousand requests – this is the Széchenyi-card balance. The government will continue to support the most successful,...
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Hungarian DIY chain to keep the competitiveness on the domestic market
Date: 2009-10-16 00:01:25
The Hungarian DIY retailers are trying to compete against the chain of stores with common image and procurement. So far, 16 retailers are grouped under the Ezermester (Handyman) name plate,...
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The U.S. retail trade turnover increased without the car industry
Date: 2009-10-15 00:04:02
U.S. retail sales fell by 1.5 percent in September. This is the biggest drop, since last December. But if the car industry is not taken into account, a more than...
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Franchise even stronger during crisis
Date: 2009-10-15 00:01:21
The long-term survival of franchise systems has much more chanse, compared to other businesses. The economic crisis – due to the usage of network benefits – may increase the benefits...
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Fine tunes on food code
Date: 2009-10-14 00:15:00
The Parliament adopted the law proposal, about the prohibition of unfair distribution practices against agricultural and food suppliers, which was sent back by the President of the Republic for consideration....
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Prices increased by 4.9 percent in a year
Date: 2009-10-14 00:05:58
The monthly inflation rate was 0.1 percent in September. Compared to last September, the prices have increased 4.9 percent. In the first nine months, prices were 3.9 percent higher than...
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The Minister of Agriculture would give bonus support to the dairy industry
Date: 2009-10-14 00:05:00
Twenty Minister of Agriculture would separate an additional 300 million euros, for the support of the community milk market from next year's EU budget. The amount would came from resources...
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German optimism seems to fade away
Date: 2009-10-14 00:03:25
ZEW institute's German economic mood index decreased from the 57.7 points of September to 56 points in October, while analysts expected 58.3 points. According to the preliminary expectations of the...
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The Conscious Consumer Index has strengthened
Date: 2009-10-13 00:02:35
The latest Conscious Consumer Index (TVI) of Kirakat.hu and Ipsos slightly increased in the first half of 2009. The loyalty index toward Hungarian products has increased a lot, but consumers...
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A significant drop in agricultural producer prices
Date: 2009-10-13 00:02:08
The agricultural producer price level in August fell by 11.8 percent compared to the same period of the previous year. The price of plant products decreased by 16.4, live animals...
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Technical break does not mean the changing of opening hours
Date: 2009-10-13 00:01:00
The Supreme Court pointed out, that the break of the opening hours are not considered to be an opening hours change, therefore it does not require a separate notification. The...
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Chocolate lover English and German
Date: 2009-10-13 00:00:30
In spite of the economic crisis, the British do not give up their daily dose of chocolate, even the consumption has been increased by almost 6 percent this year. The...
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The fate of shelf money is a question
Date: 2009-10-12 00:04:38
According to the informations of Napi Gazdaság; the 3 percent secondary recovery limit so-called shelf money can be out of the food product draft law. The 3 percent secondary recovery...
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Warming, favors the quality of domestic wine
Date: 2009-10-12 00:02:39
In qualitative terms, this years vintage can be the best vintage of the recent years, because the average quality of the 2009 wines is very high – claimed the latest...
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U.S. spirit consumption increased
Date: 2009-10-12 00:02:11
According to AC Nielsen’s statistics; There was a large increase in the four weeks until 19th September in the volume of spirits, sold in the United States. The biggest winner...
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Regulation would hinder the too easy shop openings
Date: 2009-10-12 00:01:25
According to the new trade law entered into force 1st October, shop openings become much simpler, but it seems only temporary. The legislators would conclude certain foods sales to prior...
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Romania wants the agriculture commissioner post in vain
Date: 2009-10-12 00:00:15
José Manuel Barroso, the President of theEuropean Commission think inconceivable that Romania will receive the Agriculture Commissioner Post – reported by the Hotnews Romanian site referred to Brussels sources. According...
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Drugstores are expanding. Body cream, deodorant, and diapers are the favourites
Date: 2009-10-09 00:03:55
According the Nielsen market research company; The turnover of the Hungarian drugstores decreased by 4 percent, between August and September 2008, compared to the previous comparable period, thus, the size...
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Law Proposal on environmental product fee is ineligible for a general debate
Date: 2009-10-09 00:03:01
The suggestions of the Hungarian Chamber of Agriculture were not built into the law proposal, connecting with the environmental product fee. The National Assembly Agriculture Committee declared the proposal ineligible...
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Mostly the workers will suffer the tax burden on Cafeteria
Date: 2009-10-09 00:02:35
According to experts, the majority of the companies will debit the increasing tax burden of Cafeteria to the workers, from the 1st of January. However, it is unlikely that the...
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An annual 2.5 billion eggs produced in Hungary
Date: 2009-10-09 00:02:01
In Hungary 1 percent less eggs were consumed last year, than a year earlier – said Földi Péter secretary of the Poultry Product Council (BTT) on the International Egg Day....
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The world's number one consumers prefer saving
Date: 2009-10-09 00:01:00
U.S. public credit has been reducing for the seventh month in August, after households decreased their consumption and the banks have reduced the crediting limits. According to FED datas; the...
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The Hungarian proposals could cure the milk crisis
Date: 2009-10-09 00:00:55
The Hungarian proposals could help to resolve problems of the EU milk market, if – in part or in whole – the EU would accept the Hungarian proposals – said...
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Food industry aid on the horizon
Date: 2009-10-08 00:02:00
Within the course of the New Hungary Rural Development Program (UMVP), new food industry supports will be launched, in order to support increasing values of agricultural products. The projects focuses...
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