Market News
SZÖVET producer action in Budapest
Date: 2009-07-23 00:11:00
The producers of the Association for the Living Tisza (SZÖVET) waiting their costumers at five locations in Budapest, in particular with peach, plum, apples, cherries, tomatoes, potatoes, and apricot. The...
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Lots of British pubs closed due to the crisis
Date: 2009-07-23 00:04:00
An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...
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MFB is still lending – with positive changes
Date: 2009-07-22 00:24:00
The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...
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Brussels is not willing to reduce the milk quota
Date: 2009-07-22 00:20:00
Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...
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LEI index: recession can end in the United States
Date: 2009-07-22 00:19:00
The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...
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The British Competition Authority against supermarket dominance
Date: 2009-07-22 00:03:00
The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores. According to the Competition Authority; approximately...
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Agriculture expects one hundred billion HUF credit from banks
Date: 2009-07-21 00:29:00
The Hungarian Agriculture Chamber sent a letter to Secretary-General of the Hungarian Banking Association Nyers Rezső that commercial banks to ensure the farmers' resource needs. According to experts of the...
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Great interest on the thirty-billion source
Date: 2009-07-21 00:26:00
According to information provided by the Agriculture and Rural Development Office (MVH) 3800 applications had been received from farmers for agricultural machine support. The non-final data show, that the demand...
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Hungary may take action against Slovakia
Date: 2009-07-21 00:22:00
If Hungary and Slovakia, do not agre in the common usage of Tokaj name Hungary may take the case into court to challenge Tokajská, Tokajská and Tokajsky names. According to...
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Hungary’s fresh fruit exports can be ground on bananas
Date: 2009-07-21 00:12:00
Hungarian banana consumption steadily rising for twenty years and at the same time, the re-export. Fifty-three percent of the fresh fruit export comes from banana export in the winter months....
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Social shop to open in Paks
Date: 2009-07-21 00:08:00
With the participation of the Hungarian Famers Cooperative Association and Hungarian Farmers, Tolna county’s 1st social shop opened which is the 53rd social shop int he country. Two more shops...
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The National Trade Association agrees with the President
Date: 2009-07-20 12:53:40
The Secretary OKSZ agrees with letter of the President, where Sólyom László justifies the reasons why he sent back the law prohibiting the unfair distribution behavior of agricultural and food...
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Variable quality of the grain harvest
Date: 2009-07-20 12:50:27
The rainfalls of June, harm the cereals: the quality of this year's barley and wheat are mixed. According to the announcement of the Ministry of Agriculture which was harvested before...
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GKI – The competitive and business environment indexes of Microsoft- 2009. July
Date: 2009-07-20 12:44:38
The GKI Economic Research Ltd., with the support of Microsoft publishes a quarterly index, where Hungary's competitiveness is compared to other countries of the region, as well as domestic and...
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The amount of the nylon shopping bags halved in a two year period
Date: 2009-07-20 12:36:02
With the assistance of seven leading UK retail chains, including Tesco, Asda and J Sainsbury, in Great Britain, the number of nylon shopping bags in May halved, compared to the...
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The EU's agricultural support is a threat to global food security
Date: 2009-07-17 00:05:00
The European Union's agricultural support makes the agricultural development of the third world very difficult – warns EurActiv EU news portal. On the G8 meeting in Italy the G8 countries...
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Strict Ukrainian rules for the meat-industry
Date: 2009-07-17 00:03:02
Ukraine has announced that the country would only allow the delivery of meat-products that have been examined by the controllers of the authority. The new rule takes effect on 23rd...
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An increasing number of under age, foreign and organized offenders steal from the shops
Date: 2009-07-17 00:02:00
According to Népszava the experiences have shown that thefts in Hungarian shops have became more organized and tend to lower-value goods than in the past. According to Fodor Attila, spokesman...
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Increasing food-prices in developing countries
Date: 2009-07-17 00:01:00
Domestic food prices in developing countries remain high despite a sharp decline in international prices and overall good cereal harvests, FAO warned today in its latest Crop Prospects and Food...
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The annual retail sales of ice-lollies are over 17 billion HUF
Date: 2009-07-16 00:21:00
According to Nielsen market research company; over the past 12 months between July 2008 and June 2009 – the sales of ice-lollies excessed 17 billion forints in the organized retailing....
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Consumer prices increased 3.7 percent in June over a year
Date: 2009-07-16 00:19:00
In June 2009 the average consumer price increase of the month was 0.1 percent. Compared to June 2008 prices increased by 3.7 percent. In the first six months of this...
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There will be a shortage of Hungarian milk soon
Date: 2009-07-16 00:18:00
Because of the crisis of the dairy sector, producers sold ten thousand breeding animals in the first part of the yaer, more than the whole of last year – said...
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In Hungary, there are still a high proportion of those who do not have capital
Date: 2009-07-16 00:07:00
While inWestern Europe and the in the U.S.A. the proportion of investors, has been increased, in Central and in Eastern Europe many people do not have any investment. In Hungary...
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Hungarian companies are at the forefront on the basis of CSR rating
Date: 2009-07-16 00:06:00
According to Braun & Partners Network's research on the Hungarian and Polish companies in Hungary, Poland, Romania and Bulgaria, Hungarian and Polish companies has the best CSR performance. The Top100...
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One billion VAT cheat disguised with cereal trade activity
Date: 2009-07-16 00:02:00
According to APEH press executive; a VAT cheat excessing one billion HUF has been uncovered by the auditors of the Southern Great Plains Regional Board of APEH. The investigation found...
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Newspapers, radio, magazine then TV, is the sort of trust in traditional media ads
Date: 2009-07-15 00:23:00
In order, Hungarians trust in adverts of newspapers, radio and TV among the traditional media ads. In Europe, Television is leading in front of the newspapers. According to Nielsen 's...
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Consumers' expectations are on top
Date: 2009-07-15 00:22:00
After the turning point of May, for the third consecutive months, the seasonally adjusted volume of the GKI consumer confidence index is increasing. Although the improvement of July is minimal,...
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Surprisingly price decline after VAT increase
Date: 2009-07-15 00:21:00
According to Privátbankár.hu; the consequences of the VAT increase do not appear in the prices of the stores, prices even decreased. The value of the price basket of the internet...
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The ice-cream and ice lolly consumers not only like traditional flavors
Date: 2009-07-15 00:09:00
Chocolate still the most favourable among the traditional flavors of ice cream consumption, but more and more new flavors appears among the favorites, such as foam ice lolly and pine...
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Sufficient fruit yield, consumer prices are not high
Date: 2009-07-15 00:04:00
Despite the natural disasters domestic fruit yield, will not be bad. European yields keeps prices real. Thus, neither the purchasing nor the consumer prices are not too high. The peaches...
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