Market News
Japan confirmed that China is the world's second largest economy
Date: 2011-02-14 12:09:36
The recently published datas of the Japan Prime Minister's Office shows that the Chinese economy is the world's second largest economy, surpassing Japan. In 2010, Japan's nominal GDP was 5.474...
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The quantity of the Czech beer brewing decreased to the levels of the late 80s
Date: 2011-02-14 12:08:54
Last year, 17.1 million hectoliters of beer was brewed in the Czech Republic. This is the smallest quantity, since 1989. Compared to 2009, an eight percent decrease occurred. The result...
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The day of lovers and traders
Date: 2011-02-14 12:00:03
Although the 14th of February belongs to the lovers, traders like Valentine's day as much as lovers do. An average inhabitant of Vienna spends 34 euros on Valentine's day, the...
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Best callcenters to be chosen in 2011
Date: 2011-02-14 09:21:58
The Best Call Center of the Year Award reaches out to the best Hungarian phone-based helpers every year. The competition was founded 3 years ago, and the event is organized...
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Hamburger tax: “no unhealthy food, just unhealthy nutrition”
Date: 2011-02-11 12:35:04
The hamburger tax was not firstly proposed by the government, but it was suspected that they like the idea – said Csontos Csaba, Corporate Relations Director of Nestlé Hungária Kft....
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The state and the multinationals are also responsible for the gridlocks
Date: 2011-02-11 12:20:33
Everyone condemns, but substantive measures were not taken to eradicate – sums up Coface Hungary its opinion over gridlock. According to the company, dealing with credit rating and claims management;...
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MSSZ: The ministry lost the battle German pork-dumping to come
Date: 2011-02-11 12:07:25
According to the Hungarian Pig Association (MSSZ); the withdrawal of the dioxin-regulation may result in further significant losses for the industry players, caused by German meat dumped prices. Many of...
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One and a half billion alliance of the poultry producers
Date: 2011-02-11 11:59:40
With a nearly a half billion investment, poultry producers joined forces in order to build a poultry proccessor in Pacs, Zala county. Rural Development Minister, Fazekas Sándor also took part...
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Serious corn deficit in Hungary
Date: 2011-02-11 10:35:39
There is a massive export of feed grains isn Hungary right now, therefore there is a strong and urgent need for state laws about the regulation of the amount of...
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Amalgam fillings will be changed for free
Date: 2011-02-11 07:01:44
Thanks to the new program PreFog, amalgam fillings might be changed to composite ones for free all over Hungary. Nowadays entists and patients today have several choices when it comes...
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The national economy ministry considering the imposition of the hamburger tax
Date: 2011-02-10 12:40:41
According to the informations of Index; the reform program of the Ministry of National Economy contains the following steps: medical review of the disability degree of the disabled, the free...
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The Chief Veterinary Officer withdrew the dioxin regulation
Date: 2011-02-10 12:31:19
The Chief Veterinary Officer withdrew the dioxin regulation on the grounds, that the German authorities are able to eliminate and prevent the marketing of the contaminated products, because on the...
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Supermarket chains in the fuel market
Date: 2011-02-10 12:28:28
The petrol stations with names of the supermarket chains are interesting participants of the European and Hungarian fuel market. Some believe that, it would be a solution against the ever...
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March will bring higher prices
Date: 2011-02-10 12:26:27
The price of grain, flour, sugar, fuel andbread will become more expensive in the next weeks. Varga László, president of the Hungarian Baker’s Association did not say exact number for...
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The future belongs to the contactless cards
Date: 2011-02-10 12:15:54
The bank card market is getting more lively: Visa and MasterCard both see the future in contactless cards. According to the annual report of Visa Europe; the volume of the...
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Coface: level of circular indebtedness seem to have increased
Date: 2011-02-10 10:58:32
According to a new statement by Coface Hungary, the level of circular indebtedness seem to have increased last year although the financial crisis has made companies less daring. Payment deadlines...
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The organic meat is not free from environmental risks
Date: 2011-02-09 13:21:38
Hungarian organic food distributors expected prestige and revenue growth, from the dioxin scandal of Germany, despite a large German company’s checks warned the domestic players of the industry that it...
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Significant assets in the foreign trade balance
Date: 2011-02-09 12:29:22
According to the the first estimate; in last December the value of exports was 1634 billion HUF (5,890 million euros), while the value of exports was 1,508 billion HUF (5,434...
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Strike and riots threaten one of the world's most important trade route
Date: 2011-02-09 12:18:34
6000 Suez Canal operator started to stike today, demanding higher wages. The channel management stresses that the ship traffic is smooth, while the price of Brent oil rose above 100...
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German export close to record
Date: 2011-02-09 12:04:23
German exports rose by 18.5 percent last year, compared to the 2009 crisis year, the trade balance surplus exceeded 150 billion euros. According to the statistical datas released on Wednesday;...
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New EU rules ahead on plastic food packaging
Date: 2011-02-09 11:58:14
New EU rules for food contact in plastic packaging are on the horizon. A proposed regulation known as the Plastic Implementation Measure (PIM) has been approved by the EU’s Council...
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Ahold and Tesco battle in Czech Republic
Date: 2011-02-09 10:47:25
Two of Europe’s biggest retailers, Ahold and Tesco, are battling to be the market leader in the Czech Republic. Each retailer currently holds about 20% of the market, according to...
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Does holiday season spending generate profits?
Date: 2011-02-08 23:25:50
After a 6-percent growth in November, in the US Wall Street analysts expect a 3.4-percent average growth from leading retail chains for December. What investors would like to know is...
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The bankruptcy wave is still here
Date: 2011-02-08 23:20:02
In real economy the crisis is far from being over and a large number of companies are still expected to grow bankrupt. With 20,000-30,000 bankruptcies a year, Hungary is still...
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Fruit prices increased the most
Date: 2011-02-08 23:15:25
Agricultural product prices significantly elevated in the past year. The production price level of agricultural products was 31 percent higher in November 2010 than a year earlier: vegetable product prices...
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blind leading the blind
Date: 2011-02-08 23:10:30
Consumers want to find new sources of information instead of those with expertise. Companies lose control over consumers and over the information flow. People turned their back on experts and...
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