Market News
German criticism on the special tax
Date: 2010-10-26 17:35:00
The Head of Foreign Economic Relations Department of the Association of German Chambers of Industry and Commerce (DIHK) criticized Hungary for the special taxes on energy and telecommunications groups. Acccording...
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FMCG-items to face a 3-5 percent growth next year
Date: 2010-10-26 15:01:36
Sales volume of FMCG-items is about to reach a growth of over 5 percent in the next year – experts in Visegrád pointed out within the compass of the Retail...
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Food VAT will only increase in the case of 1-2 basic food
Date: 2010-10-26 14:06:06
Czerván György the Secretary of the Ministry of Rural Development (VM), said that the ministry wanted to reduce the VAT of meat and bread, milk, sugar and cooking oil by...
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The crisis stopped the mood to shop online
Date: 2010-10-26 13:20:27
According to the E-Shopping Report survey of KutatóCentrum; Over the past year, due to the stagnation and the decline in the number of transactions the online market has not expanded...
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Stagnating German consumer confidence
Date: 2010-10-26 12:39:31
The economic expectations among the German population have improved in October, while the earnings expectations for the development and the propensity to buy have declined. Overall, consumer confidence remained unchanged...
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Tesco introduced the smart phone, purchase
Date: 2010-10-26 10:43:47
Tesco has unveiled a mobile application that allows the owners of the devices can purchase online by reading the barcodes at home. The application was developed by Ribot. The application...
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New product by Milli Mia
Date: 2010-10-26 10:43:38
The new pruduct of the Millia Mia candyfamily is Milli Mia Creamy Cottage Cheese with Prunes, and the item will be introduced in late November, and will be available until...
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Corporate responsibility: twelve companies joined this year's CSR program
Date: 2010-10-26 07:13:08
Twelve companies have joined the Hungarian-initiated GOOD CSR program this year, which is a form of corporate self-regulation integrated into a business model. Companies possess great potential to make positive...
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The growing supply may cause price reductions on the coffee market
Date: 2010-10-25 18:04:36
Over the past year, the course of coffee increased by 34 percent, since the offer on the market hardly exceeded the demand. This year, the big coffee producer countries may...
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(HU) Baromfi Termék Tanács: illegálisan érkezett a jelöletlen tojás Magyarországra
Date: 2010-10-25 14:45:04
Sorry, this entry is only available in HU....
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SMEs can easier access credit
Date: 2010-10-25 14:14:07
While in the eurozone, it is still more difficult to acquire new resources for small businesses, in Hungary this proccess has halted: banks not tighten further the conditions of lending....
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The industrial orders of the Euro zone increased
Date: 2010-10-25 14:13:20
New industrial orders in the Euro zone increased with a much greater extent, than it was expected in August – published the European Union's statistical office on Monday. The monthly...
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Huge interest at the tourism exhibition of Hungexpo
Date: 2010-10-25 14:12:40
According to the communication of Hungexpo; Hoventa the International hotel, catering and gastro-technical exhibition successfully closed on Friday night: Compared to last year, about 70 percent more professionals visited the...
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Russia maintains the ban of grain export
Date: 2010-10-25 14:11:54
The Russian government extended the ban of cereals export, in its meeting in Rostov at the weekend. Exports were stopped by the government from 15 August, because only 60 million...
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The special tax slows down the expansion of retail chains
Date: 2010-10-25 13:16:27
It seems that the hypermarket tax slows down the expansion of the retail chains. Auchan spokesman said that the chain has to review its expansion schedule, because of the tax....
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Coface: growing insolvency and problems in retail businesses
Date: 2010-10-25 12:55:45
In the first nine months of 2010, the insolvency of companies grew to 18 percent as compared to the rate of this time last year, the growth rate on the...
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GKI's economic sentiment index reached its four-and-a-half-year high in October
Date: 2010-10-25 12:24:22
GKI's economic sentiment index adjusted for seasonal effects has not been as high as now since four and a half years. According to the survey conducted by GKI Economic Research...
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The worst honey crop of the last 50 years
Date: 2010-10-22 18:54:55
Over the past fifty years, there has never been so bad honey crop, as in this year – claim the beekeepers across the country. Beside the cold, rainy weather bee...
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Button managed credit cards from Citybank
Date: 2010-10-22 17:01:03
Citibank will soon begin testing its new type of credit cards in the United States. The modern plastics can be controlled by buttons, and are much “smarter” than their predecessors....
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Better-than-expected German business sentiment
Date: 2010-10-22 13:29:28
The 2010 October sentiment indicator of the Munich-based Ifo Institute Economic Research increased above the expectations. The index increased to 107.6 points from the 106.8 points of September after the...
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The OKSZ expects expanding consumption for Christmas and for the next year
Date: 2010-10-21 20:11:58
Traders expect larger turnover this year, compared to 2009. The National Trade Association (OKSZ) based its optimism on the fact that traffic started to grow in the second half of...
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Hungarian milk may ease Serbian milk deficit
Date: 2010-10-21 17:27:20
Serbia plans to import a monthly 5-7 million liters of milk to ease Serbian milk deficit. Among the suppliers, the Hungarian dairy industry can also get an order. In September,...
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Wine tourism centre opened in Southern Transdanubia
Date: 2010-10-21 16:22:40
The wine tourism centre will help wine market access for the wines of the Pannon Wine Region. The wine tourism centre opened on Wednesday in the Vince Street of Pécs....
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German retail chains are afraid of Hungarian precedent
Date: 2010-10-21 16:20:12
The German retail chains, fear that other Central and Eastern European countries – following the Hungarian precedent – will also introduce a special tax. According to the chains; the special...
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Retail sales decreased by 3.3 percent in the first eight months
Date: 2010-10-21 13:18:07
In August 2010 retail turnover volume was similar to the previous year. In the first eight months of the year – on the basis of the calendar-adjusted datas – sales...
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The slowing Chinese economy is still able to reach a 10 percent growth
Date: 2010-10-21 13:16:07
Chinese economy increased by an annual 9.6 percent in the third quarter of 2010. It is 0.7 percentage points slower than in the April-June period – reported to the Chinese...
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Youngest customers opt for online banking
Date: 2010-10-21 06:25:21
The youngest clients of banks speak a new language when it comes to financials: for them, banking means primarily the bank card and the internet banking, a new survey of...
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29 percent would immediately try the new products
Date: 2010-10-20 20:40:15
According to the research of TÁRKI Social Research Institute; The proportion of those who think the novelties are the assets of consumtion increase is steadily growing. Although there is still...
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Store thieves steal 90 billion worth goods annually
Date: 2010-10-20 20:39:03
According to a survey, published in the Belgian press; In the past year store thieves stole about 87.5 billion euros worth goods from various stores all over the world. On...
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OKSZ: The traders will not pass the crisis tax on the suppliers or the buyers
Date: 2010-10-20 17:17:39
The National Trade Association rejects the assertions of those suppliers, who claim that the traders would make the suppliers the crisis tax to be paid – states the statement of...
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