Market News
Loan market recovering slowly
Date: 2009-10-27 08:00:00
After the development of previous years, the loan market dramatically declined. Global crisis narrowed down resources, entailing a lending activity contracted to the minimum; at the same time interest rates...
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Wages and salaries are up by two percent
Date: 2009-10-27 08:00:00
At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.4 percent in the first...
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Erste Bank
Date: 2009-10-27 08:00:00
Market changes in the past few years influenced customer demand. Firms often postpone their investments and revise their spendings. This trend entails the optimisation of financial services used and a...
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Decrease, but improvement as well
Date: 2009-10-27 08:00:00
In January-July 2009, the volume of foreign trade was 18 percent lower in export and 25 percent lower in import than one year earlier. KSH’s report also states that our...
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Thank you, Lord…
Date: 2009-10-27 08:00:00
…for listening to me after all and giving me back my faith in human intellect. Thank you to the trade for this several-hour conversation at the conference in Tapolca about...
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The factoring market
Date: 2009-10-27 08:00:00
According to data by the Hungarian Factoring Association, factoring services only made up for 2.5 percent of the GDP in 2008, while the same ratio in the EU is almost...
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Fewer guests spent fewer nights
Date: 2009-10-27 08:00:00
On the commercial accommodation services market, the decline that started early 2009 continues, the trend does not seem to turn yet. In January-August 2009, 2,173 thousand foreign guests spent 6,350...
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Panorama on the Christmas commercial credit market
Date: 2009-10-27 00:05:11
The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans...
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The number of conferences halved in the first part of 2009
Date: 2009-10-27 00:04:12
According to the compilation of the Hungarian Convention Bureau; during the first half of this year, 118 international conferences were held in Hungary. This is a 51 percent decline, compared...
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Bankruptcy wave before peak
Date: 2009-10-27 00:03:12
According to the latest analysis of Coface Hungary; the insolvency ratio of the firms increased by 36 percent in the first nine months of this year, compared to the same...
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Does not involve consideration to the webshop in case of waiver clause
Date: 2009-10-27 00:01:55
The union court stated: In the cases of Internet orders, if the buyer cancels, one should not pay fee for the usage to the seller, despite one used the product...
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Consumer confidence fell in Germany
Date: 2009-10-27 00:01:25
According to GfK market research institute; contrary to the expectations, consumer confidence has deteriorated in Germany,: November’s sentiment index decreased by 4.0 point from the previous 4.2 points. The analysts...
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Coffee is good for the liver
Date: 2009-10-27 00:00:28
According to the analysis of the American Cancer Institute (NCI) the daily consumption of coffee, has beneficial effect on liver function. Those chronic hepatitis C patients who drink three or...
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Quality complaints against dairy products
Date: 2009-10-27 00:00:15
All produced and marketed milk of Fresh Food Ltd. before 21st October will be recalled, because it does not meet the required composition – stated the Agricultural Office Authorization. The...
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Trade: sloping down
Date: 2009-10-26 00:06:21
According to the datas of the Central Statistical Office; retail sales decreased in the August of 2009 by 8.5 percent, compared to the same month of 2008. At foods 7...
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The economic expectations are improving for six months
Date: 2009-10-26 00:05:21
The seasonally adjusted value of the GKI economy index increases for six months now, after nearly half-year fall. The improvement is, however, slower than the deterioration was, so it is...
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Italian investment is expected in the Hungarian food industry
Date: 2009-10-26 00:04:58
The Hungarian investment promotion agency is negotiating with several Italian companies, over investment opportunities, in the areas of food processing and alternative energy – said Spányik Péter leading external diplomat...
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Selling glasses and concert tickets in hypermarkets
Date: 2009-10-26 00:03:12
British hypermarket chain, the Asda will open optical desks in 84 stores in Britain. The strong retail chains are selling quite different products differ from their profile, more often. Asda...
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EU protection for the Hungarian horse-radish
Date: 2009-10-26 00:02:24
The European Commission declared protected and added Hajdúsági horse-radish to the narrow range of protected products of the European Union. According to the communication of the EU, Government, the Hungarian...
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Hungarian wines in Milan
Date: 2009-10-22 00:05:18
For the first time in Italy, the Hungarian Investment and Trade Development Agency (ITD Hungary) organised an autonomous Hungarian wine presentation. The Milan event aims to promote the wines of...
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GfK – nine-tenths of the population agrees with the proposal of MNB
Date: 2009-10-22 00:04:22
According to GfK Hungária; eighty-nine percent of the population agrees with the proposal of the Hungarian National Bank (MNB) that greater caution and responsibility is necessary to provide a loan....
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Decrease in real wages and in the number of employees
Date: 2009-10-22 00:03:00
According to the Central Statistical Office; The gross average earnings in the first eight months of 2009 decreased by 1.3 percent, the net average earnings by 1.6 percent, compared to...
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Online advertising forges ahead
Date: 2009-10-22 00:02:35
Online advertising market, is slowly starting to recover after a downturn, while the print and electronic media will continue to ail. According to industry analysts; virtually only the Internet advertising...
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Nyugati Square McDonald's received a silver medal
Date: 2009-10-22 00:02:15
Askmen.com internet men magazine has elected the world's 10 most beautiful McDonald's restaurants. According to the U.S. site, which has a monthly 7 million visitors, the Nyugati Square McDonald's is...
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Cafeteria can remain despite the tax
Date: 2009-10-22 00:01:15
On the basis of a feedback from the OTP health insurance, the majority of the firms in 2010 would use the fringe benefits systems. From January of 2010, 25 percent...
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We are only talking about the healthy lifestyle
Date: 2009-10-22 00:00:25
According to GfK LHS HealthCare population survey of 2009 and GfK Hungária's 2009 study of eating habits, people are interested in health-related news and knowledge, but they accept only those...
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The number of those who buys food on the web doubled since last year
Date: 2009-10-21 00:07:01
According to the joint survey of KutatóCentrum and Mai Piac; compared to 2008, the number of those who buys food on the Internet has doubled, but the virtual trading of...
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According to MAGOSZ; family farmers may go bankrupt
Date: 2009-10-21 00:06:00
Many family farmers drifted to the border of financial impossibility and can not even repay their loans – said Jakab István President of Magosz on a press conference in Budapest....
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Hungary is 43rd in the Human development index rankings
Date: 2009-10-21 00:04:12
The human development index (HDI), is an index, measuring a broader well-being, than GDP, because it consist living indicators in addition to expressing the value of life expectancy through public...
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U.S.A. may impose safeguard duties against China, due to carbon dioxide emissions
Date: 2009-10-21 00:03:00
China may lose its largest market in the future, if China will not do anything against pollution. The U.S. may impose safeguard duties on Chinese products if the Asian country...
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