Market News
Pénzügykutató: Economic growth may accelerate next year
Date: 2016-10-10 11:39:52
In its latest forecast presented on Monday, the Pénzügykutató Zrt. forecasts a 2.2 percent GDP growth for this year and a 3.0 percent growth for next year, after last year's...
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German exports increased significantly
Date: 2016-10-10 11:05:10
In August, German exports increased by nearly ten percent in an annual comparison, while compared to the previous month by 5.4 percent, the highest extent of the past six years....
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British Retail Consortium: The “Hard Brexit” may cause substantial customs charges
Date: 2016-10-10 11:05:09
According to the British Retail Consortium (BRC), the “hard Brexit” may cause substantial customs charges, thus making imports more expensive. The “Hard Brexit” means that Britain would not only leave...
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No change in the weight of various store types
Date: 2016-10-10 10:16:47
In the February 2015-January 2016 period coffee sales valued at HUF 54 billion. Value sales were up 3 percent but volume sales dropped 1 percent. 200m² and smaller shops’ share...
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Nielsen’s category management workshop aims to provide better services to the customers
Date: 2016-10-07 11:55:27
If the customers see that the product range in a store is adjusted to their needs, then the place is appreciated by them. Nielsen’s category management workshop,which will be held...
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Fazekas Sándor: two-thirds of the area is complete grape harvest
Date: 2016-10-07 11:36:46
Grape harvest has been completed about two-thirds of the fields – the Minister of Agriculture said on Saturday in Rátka, Borsod-Abaúj-Zemplén county. During a visit to the Angyal Borászat és...
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The day of Internet shopping was organized again
Date: 2016-10-07 11:33:04
The day of Internet shopping will be organized for the sixth time in Hungary. During Friday's one-day e-commerce action hundreds of shops will offer special discounts – the organizer, the...
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NGM: A hundred billion HUF worth food support program to be sent to social debate
Date: 2016-10-07 11:28:52
The NGM on Friday sent the Support of Food-Industrial Complex Investments with combined loan products call for proposal to social debate. The total of 100 billion forints – 50 billion...
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KSH: foreign trade turnover in August increased significantly
Date: 2016-10-07 11:25:05
In August, the value of exports increased by 12.5 percent in euros, while imports increased by 10.8 percent, compared to last year, after the 5.4 and 6.4 percent decline of...
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NÉBIH: Due to misleading labeling organic rice milk chocolate was withdrawn from the market
Date: 2016-10-07 11:15:22
Due to misleading labeling organic rice milk chocolate was withdrawn from circulation. The consumption of the chocolate with milk-free and vegan inscription is dangerous for people with milk and protein...
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Global wheat and rice harvests poised to set new record
Date: 2016-10-07 11:09:05
Global food markets will likely remain “generally well balanced” in the year ahead, as prices for most internationally-traded agricultural commodities are relatively low and stable, FAO said today. The benign...
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Budapest Wholesale Market is 25 years old
Date: 2016-10-07 10:25:54
Budapest Wholesale Market, Hungary’s biggest fruit and vegetable wholesaler, opened its gates in the summer of 1991. CEO Zoltán Házi told that in the last 25 years the market’s infrastructure...
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Higher sales revenue for companies in Central Europe in 2015
Date: 2016-10-07 10:24:13
Last year Central Europe remained an important target for foreign investors – revealed the Deloitte Central Europe TOP 500 survey. This time 67 Hungarian companies made it to the top...
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Rondo appoints new managing director
Date: 2016-10-07 10:22:37
As of 1 April 2016 Rondo Ganahl AG appointed Zsolt Miklós as the new managing director of the company’s Hungarian affiliate. Mr Miklós worked in the furniture industry before joining...
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PayPal and Mastercard expand cooperation
Date: 2016-10-07 10:18:58
PayPal and Mastercard are expanding their long-standing cooperation with an important new element: in the future Mastercard will be one of the PayPal payment options and Masterpass will be accessible...
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The NÉBIH preceded 9 billion HUF VAT evasions last year
Date: 2016-10-06 11:55:02
The National Food Chain Safety Office (NÉBIH) preceded 9 billion HUF VAT evasions last year thanks to its inspections. The National Food Chain Safety Office (NÉBIH) carried out almost three...
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More fresh milk would be given to the children in public catering
Date: 2016-10-06 11:45:05
The public catering regulation of the Human Resources Ministry will be amended. Among other things, it is planned that more fresh milk would be given to the children in public...
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The importance of domestic demand became more valuable for the large enterprises
Date: 2016-10-06 11:41:58
The importance of domestic demand became more valuable for the large enterprises – the privatbankar.hu wrote. Now the large enterprises’ profitability depends on mostly this factor, but the government's economic...
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MNB: businesses used 231.8 billion HUF in the third stage of the NHP so far this year
Date: 2016-10-06 11:38:10
In the third phase of the growth loan program (NHP) between 1 January to 30 September, the companies concluded contracts amounting to 231.8 billion HUF, of which 68 percent were...
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Carton recycling rate in Europe is close to 50 percent
Date: 2016-10-06 11:33:49
Carton recycling in the European Union is at last within sight of reaching 50 percent. From under 30 percent in 2005, it has risen to 44 percent in 2015 -foodbev.com...
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Praktiker expands
Date: 2016-10-06 11:12:05
Praktiker opened its twentieth store in Hungary. In the near future the company is planning to open new stores. According to the statement of the company sent to MTI, Karl-Heinz...
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Romanian retail sales expanded significantly
Date: 2016-10-06 11:10:37
In the first eight months, the volume of retail sales in Romania increased by 16.3 percent, compared to the same period last year – the Romanian national statistical institute annponced...
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KSH: retail sales accelerated again in August
Date: 2016-10-05 11:50:00
According to the raw data, the volume of retail sales increased by 5.8 percent in August, compared to the same period last year. Calendar effect adjusted, the volume of retail...
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Kopint-Tárki: GDP may grow by 2.2 this year and 2.7 percent next year
Date: 2016-10-05 11:40:36
According to the lastest forecast of the Kopint-Tárki Zrt., the Hungarian economy may grow by 2.2 this year and by 2.7 percent next year. The government deficit this year may...
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NGM: retail sales are growing steadily for 38 months
Date: 2016-10-05 11:25:07
Hungarian retail sales are growing steadily for 38 months, and significantly above the EU average – Lepsényi István, Minister of State for the Ministry of National Economy (NGM) told M1...
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Coface: the number of insolvent companies may reduce this year in Central and Eastern Europe
Date: 2016-10-05 11:20:29
The number of insolvent companies may decrease by 5.3 percent this year in the Central and Eastern European region, due to more favorable economic environment – according to the recent...
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Retail sales decreased in August in the EU and in the euro area
Date: 2016-10-05 11:11:56
In August 2016 compared with July 2016, the seasonally adjusted volume of retail trade fell by 0.1 percent in both the euro area (EA19) and the EU28, according to estimates...
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This year, more sunflowers and corn grown in Zala county
Date: 2016-10-05 11:10:36
This year, more sunflowers and corn grown in Zala county, as in last year. The harvested crop has a good quality – the county chairman of the National Association of...
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Szekszárd is preparing a cooperation with a Portuguese wine city
Date: 2016-10-05 11:08:27
The local government of Szekszárd is preparing a cooperation with Viseu, a Portuguese wine-growing town. According to the commercial manager of the Portuguese Embassy, it can bring new markets to...
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Acquisition transforms the employment market
Date: 2016-10-05 10:25:13
One of the world’s leading human resource consulting firms, Randstad Holding (present in 39 countries), has announced their acquisition of online recruitment specialist company Monster Worldwide Inc. Monster Worldwide will...
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