Market News
The acceleration of the foreign trade turnover surprised the analysts
Date: 2014-11-10 11:40:37
The revival of foreign trade turnover in September surprised analysts, but they see the reasons differently. The Central Statistics Office (KSH) on Friday reported that after the slowing of August,...
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Support to the development of meat processors
Date: 2014-11-10 11:39:23
Grants can be claimed for the technological development of the meat processors from 10 November and for the prevention of animal diseases grants can be claimed from January 2015 –...
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Hungarians do not change jobs
Date: 2014-11-10 11:37:32
According to the Randstad Mobility Index, a recovery can be observed on the global labor market, but the Hungarian people are reluctant to change jobs. The global labor market trends...
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New tequila on the market!
Date: 2014-11-10 11:00:07
100% agave is used to produce this Sierra Antiguo Plata Tequila in a double distillation taht makes the spirit crystal clear. “Hencho en Mexico” is the lable put on the...
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Discount stores
Date: 2014-11-10 09:19:38
In the last eight months discounters’ share from grocery retail’s revenue was 22 percent, while their share from the sales of household chemicals and cosmetics was 12 percent. It is...
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Kazincbarcika becomes one of the world’s leading citric acid manufacturers
Date: 2014-11-10 08:09:19
Rizhao Jin He Biochemical Group (RZBC) will invest HUF 30-billion in building its European citric acid factory in Kazincbarcika. 165 new jobs will be created by the investment. RZBC’s products...
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Ready, steady, go – Hungary! (Business Days 2014, Part 1)
Date: 2014-11-09 09:40:04
This year’s Business Days conference was 4-day long. Held in Tapolca’s Hotel Pelion and organised by Trade magazin and the Chain Bridge Club, the event attracted nearly 500 participants. Trade...
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Magazine: Kaposvár meat factory: the troubles continue
Date: 2014-11-07 12:52:33
Since the winner of the previous tender didn’t pay the price before the deadline, a new round was announced to sell the Kaposvár meat processing plant. Conditions are the same...
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Online cash registers for the service providers next spring
Date: 2014-11-07 11:45:30
Shortly after the retail sector, hairdressers, beauticians, private doctors also need to invest into online cash registers. The market calls for enforceable deadlines from the government – Népszabadság wrote. Analysts...
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KSH: foreign trade turnover increased in September
Date: 2014-11-07 11:40:34
After the halt in August, a revival occured in the foreign trade turnover in September: the value of export in euros increased by 5.8, while the value of import in...
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IT investments: a slow growth is expected
Date: 2014-11-07 11:25:18
Beside the market stagnation Rentaserver’s IT Finance Index and Barometer 2015 is indicating the emerging of the long-lasting rental solutions. The survey of the Rentaserver Kft. carried out among domestic...
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Detergent counterfeiters were found in Nyíregyháza
Date: 2014-11-07 11:05:10
More than seven thousand liters, ten million HUF worthcounterfeit detergents, and equipments necessary for their manufacture and their packaging were seized by the financial investigators of teh National Tax and...
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China established a Silk Road infrastructure fund in a value of 40 billion USD
Date: 2014-11-07 11:00:01
China will contribute to set up a Silk Road infrastructure fund in a value of 40 billion USD to boost connectivity across Asia, President Xi Jinping announced on Saturday, the...
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Szerencs chocolate to become a Hungaricum product
Date: 2014-11-07 10:05:30
When inaugurating the new production hall of Bonbon Kft., Minister of Agriculture Sándor Fazekas announced that Szerencs chocolate is about to be added to the list of Hungaricum products. The...
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Narrowing gap between consumers just browsing and those buying online
Date: 2014-11-07 09:40:24
Nielsen’s global e-commerce survey was conducted in 60 countries with more than 30,000 internet users. According to John Burbank, Nielsen president who oversees strategic initiatives, thanks to rapidly changing digital...
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Another Chinese investor plans to build citric acid factory in Szolnok
Date: 2014-11-07 08:12:09
China BBCA Group Corporation plans to build a citric acid factory in Szolnok. Construction works are about to start in early 2015. The new facility will employ 440 people and...
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Capriovus manufactures bioactive pasta
Date: 2014-11-07 08:06:53
Egg processing and egg product manufacturing company Capriovus Kft. developed natural pasta enhanced with bioactive compounds. The project cost HUF 146 million and from this HUF 94 million was provided...
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The government discussed the introduction of the free Sunday
Date: 2014-11-06 12:20:49
The government discussed and supports the Christian Democratic Party’s (KDNP) proposal to limit the opening hours of shops on Sunday – Harrach Péter faction leader of KDNP announced of KDNP...
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Arena Plaza: the market of branded and hhigh quality fashion products is growing
Date: 2014-11-06 12:02:27
There is a growing consumer demand for leading fashion brands on the market: The attendance of the Arena Plaza continues to grow for five years, even during and after the...
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A decline in the EU's retail sales
Date: 2014-11-06 12:00:32
The retail sales in the European Union reduced on a monthly basis in September, but increased on an annual basis. According to the seasonally adjusted data the volume of retail...
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That is how the Hungarians drink wine
Date: 2014-11-06 11:45:01
The Agricultural Economics Research Institute (AKI) carried out a survey on the wine consumption habits of the Hungarian population. The survey was also broascasted by the InfoRadió. 65.5 percent of...
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MNB: sustainable growth rate of the economy can be around 2.5 percent
Date: 2014-11-06 11:41:44
The growth rate of the Hungarian economy will be around 2.5 percent, which means an annual 1 percent catch-up rate – Virág Barnabás, director of the National Bank of Hungary...
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The First Night Market of Budapest
Date: 2014-11-06 11:30:54
The First Night Market of Budapest awaits its domestic and foreign visitors every Thursdays between 1 pm and 9 pm since October 30, with producer and artisan products, who can...
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The growth of retail sales accelerated in the Czech Republic
Date: 2014-11-06 11:15:14
The growth of retail sales accelerated in the Czech RepublicI n September on an annual level growth was 6.2 percent, compared to teh 2.7 percent of August. The rate of...
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Farmers learn marketing
Date: 2014-11-06 09:47:35
In September the Rich Farmer Roadshow started, the goal of which was to educate agricultural businesses about selling online and agricultural marketing. The conferences were organised by Magro.hu in Hajdúböszörmény,...
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Experts: the outstanding retail sales are due to the expansion of household consumption
Date: 2014-11-05 12:30:29
The higher retail sales in September are due to the stronger than expected expanding private consumption – market experts told MTI. According to the Wednesday report of the Central Statistics...
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GfK: a further increase in the gap in the domestic purchasing power
Date: 2014-11-05 12:20:26
Major realignment did not happen in the past year, but the gap in the purchasing power of people living in the richest and the poorest communities in Hungary has increased...
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KSH: retail sales rose by 4.5 percent in September
Date: 2014-11-05 12:10:49
In September, the annual growth rate of retail sales accelerated to 4.5 percent from the 2.5 percent rate of August, according to calendar adjusted data. The unadjusted index indicates an...
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FM: apple consumption should be encouraged because of the good harvest
Date: 2014-11-05 12:05:10
Much more than usual apples have grown in the country this year, so public consumption should be encouraged – Nagy István, Minister of State of the Ministry of Agriculture (FM),...
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A new method: the customer can pick up the eggs
Date: 2014-11-05 11:30:09
Several large supermarket chains are considering to introduce bulk egg sales in Hungary – the Agrarszektor.hu wrote. The new method is that the buyers themselves choose the eggs they wanrt...
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