Market News
The majority of the employers do not plan dismissals or recruitments
Date: 2010-09-08 12:24:20
According to the survey of Manpower; 70 percent of the domestic employers are not planning recruitment or dismissals, in the last quarter of 2010, while in the third quarter, the...
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School year start is too expensive
Date: 2010-09-08 12:21:45
The majority of the 18-64 year-olds believe, that school start should cost less than 10,000 HUF, but for a first-grade student it can cost multiple – shows the joint survey...
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Temporary VAT increase in Slovakia
Date: 2010-09-08 12:07:00
The Value Added Tax in Slovakia will be increased to 20 percent, from the current 19 percent – told Iveta Radicová Slovakian Prime Minister after the meeting of the coalition...
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Own branded products: 165 billion HUF in the first half of the year
Date: 2010-09-07 00:21:14
Almost every fourth forint was spent on the own branded products of the chains. During the first half of the year, own branded products reached 165 billion HUF turnover in...
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The weak grape harvest does not cover the domestic wine consumption
Date: 2010-09-07 00:20:00
The bad weather and the fungal infections decimated the crops in the Hungarian wine regions. The harvest can bring the lowest quantity of the past decades, which does not even...
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WTO: world trade expands, but the recovery is uncertain
Date: 2010-09-07 00:08:21
According to the datas of the World Trade Organization; mainly in Asia and the emerging areas drag the world behind, Europe ails, while in the United States, everything is uncertain....
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The bank of the poor to be launched
Date: 2010-09-07 00:01:55
In two and a half years, 400 million forint loan would be lent in the scope of the program. About 400 businessess can start, from the loan provided by Raiffeisen...
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One fifth of the Hungarians have savings
Date: 2010-09-07 00:01:02
Majority of the savers see their current financial possibilities gloomy. The saving ability of the population decreased – shows the latest datas of the Raiffeisen-GfK Savings Index. "Beside the unsafe...
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German service sector accelarates
Date: 2010-09-07 00:00:25
According to the Monday datas of the Statistical Office; The revenues of German companies operating in the service industry, grew by 5.3 percent in the second quarter. The German service...
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We can make 50 liters of ditillate, without paying excise tax
Date: 2010-09-07 00:00:12
After the new rules over Pálinka distillery, entered into force we can make 400 liters of distillate at home. The distillate can also be sold, although this needs small-scale licenses...
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The FAO expects price increases, but not crisis
Date: 2010-09-06 00:02:58
The Food and Agriculture Organization (FAO) of the United Nations estimates, that the extension of Russian grain export ban will not cause another food crisis. Although this may cause price...
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Hungarian meat exports to Vietnam and Laos
Date: 2010-09-06 00:02:01
Hungary may be the third EU member state, which will sell its meat products in Vietnam and Laos – said Czerván György, Secretary responsible for agriculture, in the Rural Development...
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Bread prices may increase within 1-2 weeks
Date: 2010-09-06 00:01:21
From the middle of this month, bread may be more expensive, at several stores. The price negotiations are now underway between the bakery businesses, the retail stores and the supermarket...
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Germans spent 3.9 billion euros on drugs without prescription, in the first half of the year
Date: 2010-09-03 00:07:02
The turnover of nonprescription medicines and medicinal preparations decreased by 1.5 percent, to 3.9 billion euros, in the first half of the year in Germany, compared to last year’s January...
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The Chinese and U.S. manufacturing datas blew away the concerns
Date: 2010-09-03 00:00:20
U.S. investors stopped their anxiety, after the better-than-expected U.S. manufacturing datas came in. The Chinese and the Australian datas also increased the improving business sentinel. Although adverse employment datas arrived,...
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European companies feel their position disadvantageous in China
Date: 2010-09-03 00:00:01
European companies want equal treatment and similar access to the Chinese market, just as the Chinese companies – presents the EU Chamber of Commerce in China in its annual year...
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Goose feather and the goose liver may become Hungarikums
Date: 2010-09-02 00:11:11
The new legislation will declare goose feather and the goose liver as Hungarikums – turned out at the consultations between the Poultry Product Council (BTT) and the Ministry of Rural...
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Food prices on two year peak
Date: 2010-09-02 00:06:25
Global food prices increased in August for the third consecutive month. FAO’s global price index increased to its two year peak. The FAO food price index – which records the...
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The world's second largest fast-food network to be sold
Date: 2010-09-02 00:01:02
According to the informations of the Wall Street Journal; Burger King negotiates with a British private equity company, over the sale of the company. Several companies purchased Burger King from...
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Increasing consumer spending in the United States
Date: 2010-09-02 00:00:38
Spendings increased in the world's largest economy with the highest rate, (0.4 percent) since March. According to analysts; the strengthening, is due to the slight increase in real incomes, and...
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Retail trade: We pay still less on daily consumer goods
Date: 2010-09-01 00:03:41
According to GfK Hungária; The market of daily consumer goods continues to decline in Hungary. In the first half of 2010, the market of daily consumer goods decreased by 0.5...
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Pos Media – Acquisition of Célcsoport Média in Hungary
Date: 2010-09-01 00:01:25
After it’s recent successful expansion into Ukraine and Turkey, POS Media Europe, the leading European point of sales media agency, has acquired a majority stake in Célcsoport Média Ltd in...
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The Russian government considers a price stop
Date: 2010-09-01 00:00:59
In Russia, certain foods become more expensive to the extent that it allows the government to restrict their prices. However, there are several counter-arguments against the measure, therefore, the government...
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Disappointing second quarter results in the European food retailing
Date: 2010-08-30 00:06:25
According to Nielsen’s Growthreporter analysis; European food retailing decreased in ten countries, including Hungary. In Hungary 3 percent less food, household chemicals and cosmetics (FMCG) have been sold in retail,...
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Improved economy, declining international confidence
Date: 2010-08-30 00:04:25
According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; this year’s economic growth of Hungary will be around 1 percent. The Hungarian economy, after the...
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Liquidations in Central Hungary
Date: 2010-08-30 00:03:55
According to the datas of Opten; In the first half of the year 22 percent more liquidations were carried up in the Central Hungarian Region, than in the same period...
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The area centers may be important fair locations
Date: 2010-08-30 00:02:25
Matthias Limbeck, manager for Reed Exhibitions in Austria, expects real changes on the fair markets at smaller fairs in Central Europe. He believes ,the prosperous regions can improve their own...
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Fed: a weaker-than-expected recovery
Date: 2010-08-30 00:01:25
The economic recovery from the crisis is weaker than expected, but we are ready for further steps, if it is necessary – said Ben Bernake chairman of Fed. Shortly before...
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Hungarians economise on food, clothes and energy the most
Date: 2010-08-29 08:00:00
This May Nielsen surveyed 27,000 Internet users in 48 countries. In Hungary 68 percent said they had changed their spending habits this spring, compared to the previous year; the international...
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Soaring retail growth in Malta
Date: 2010-08-29 08:00:00
A quick estimate by Eurostat pointed out that in April 2010 the volume of retail turnover decreased by 1.6 percent in the EU-27 and by 1.5 percent in the eurozone,...
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