Market News

It also depends on the investments where we would gladly work

According to the datas of Randstad, the payment was the most important for the Hungarian workers in 2014, but on the basis of the international trends, it can become more...

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The Hungarian Mobile Wallet Association starts an incubation program

The Mobile Wallet, in addition to the simplifying and acceleration of the financial transactions can follow the entire purchasing process from the recognition of the product to the cashier. The...

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The EKÁER causes difficulties again

The businesses and the tax authority will only have a few working dasy to prepare for the changes of the Electronic road freight Control System (EKÁER) if the parliament accept...

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The luxury caviar of Salzburg costs hundred thousand euros

A Salzburg-based fish merchant prepares caviar enriched with gold from an albino sturgeon fish specie. The price of the caviar is hundred thousand euros per kilo, or more than thirty...

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Fifteen hundred years old grape seeds were found in the Negev desert

Charred grape seeds dating back 1,500 years were discovered recently in an archaeological excavation in the ruins of the ancient Byzantine city of Halutza, about 19 miles southwest of Beersheba....

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Hungarian-Azeri business forum

Hungarian Prime Minister Viktor Orbán opened the Hungarian-Azeri business forum on 11 November in Budapest. He told that the energy sector would be a key area of cooperation between the...

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Moscow dictates prices

The Agricultural Economics Research Institute (AKI) keeps monitoring and publishing the world’s agri-food prices and trends. We can learn from their latest market report that due to the import ban...

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Subsidies needed for energy crop storage

NAK’s crop growing department held its annual meeting at the Faculty of Horticulture of Kecskemét College. Gergely Domján, NAK president in Bács-Kiskun County told that heavy rains in the harvest...

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Analysts: the GDP data is surprisingly positive

Analysts polled by MTI assessed teh fourth quarterly GDP data as surprisingly favorable. The analysts also drew attention to the fact that such a high last-quarterly GDP growth occured in...

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Hay Group: a real wage growth above the European average is expected this year in Hungary

In Hungary, a higher than the European average real wage growth is expected this year – according to the latest survey of the Hay Group international management consulting firm. The...

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A reduction in the number of agricultural bankruptcies

The sectoral bankruptcy rate has risen in recent years in all sectors, but in 2013 produced a long-term decline. This trend did not last in 2014, the index by the...

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Deloitte: the non-performing loan market is recovering in Central Europe

Over the past year, the sales of portfolios of the badly performing loan increased significantly in nine Central European countries examined by Deloitte – the audit firm informed MTI. The...

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Kovács Zoltán: no government regulation about Sunday exemption yet

All sorts of doubtful speculations appear in the media in connection with the exemption under the Sunday store closure including which stores can get exemption. Kovács Zoltán government spokesman told...

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The French National Assembly adopted the Government proposal on the extension of Sunday opening

On Saturday, the French National Assembly adopted the French Government’s proposal on the extension of Sunday opening. It was one of the most controversial issue of the economic reform package....

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The Czech breweries closed a good year in 2014

The Czech breweries had a good year last year. Both the Prazdroj in Pilsner and the Budvar in Budejovice reported an increase. The Prazdroj is the Czech Republic's largest brewery...

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The pollen substitute feed was GMO-contaminated

The beekeeper association was able to warn the honey producers that a GMO-contaminated feed was marketed in Hungary. The Hungarian bees have not met yet with the pollen substitute bee...

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An international research team found the genetic basis of obesity

An international team of scientists revealed more than 90 new gene areas, which may explain why some people are more prone to obesity. Researchers examined the gene pool of more...

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Trends in paper packaging / We have entered the age of reduction

The overall economic situation always has strong influence on the most important packaging material segment. Thanks to the recently commenced GDP growth in Hungary and the positive international economic climate,...

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Packaging weight is shrinking, but the industry isn’t

Miklós Nagy, general secretary of the Hungarian Association of Packaging and Materials Handling (CSAOSZ) told our magazine that in 2013 the Hungarian packaging industry realised a turnover of HUF 477...

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Many people use the opportunities of the loan program

The total loan portfolio of the national economy, compared to the previous quarter continued to increase. The stock value in the third quarter of 2014 increased to 6,705.3 billion HU,...

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EP: the origin of the meat must also be indicated on the packaging

The European Parliament has adopted a resolution calling on the Commission to introduce mandatory labeling of the origin of all meats used in ready-prepared meals. The 2013 horsemeat scandal, which...

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PwC: the world economy may grow by an annual 3 percent between 2014 and 2050

he projections came in the consultancy’s latest “World in 2050” report, which provides growth forecasts for 32 of the world’s largest economies, accounting for around 84 percent of global gross...

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The oranges tested by the Nébih meet the quality standards

The National Food Chain Safety Office (Nébih) tested 10 kinds and varieties of oranges with different origins. All of them fully met the quality standards – the Nébih told MTI...

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The Hungarian-Turkish trade in goods increase to its fivefold

The bilateral trade of goods since 2002 increased to fivefold between Hungary and Turkey: there are great opportunities in the economic cooperation between the to countries in tourism and in...

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Retail sales declined further in the United States

The retail sales in the US declined by 0.8 percent, more than expected 0.5 percent in January, compared to December – the US Commerce Department announced on Thursday. The retail...

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Jeeps packed with smuggled cigarettes were seized

Jeeps packed with more than 24 million HUF worth smuggled cigarettes were seized by the finance inspectors of the National Tax and Customs Authority near Tarpa Dávid Zoltán press officer...

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Magazine: Our mobile can now serve as a digital wallet

After the test period Telekom was the first mobile service provider to launch its commercial Mobile Wallet service, which transforms our mobiles into digital wallets. Those who wish to use...

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KSH: consumer prices fell by 1.4 percent in January

The consumer prices decreased by 1.4 percent in January 2015, compared to the first month of the previous year, while compared to December2014 were0.2 percent lower – the Central Statistical...

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Magazine: ‘Below in the valley the flowers are resplendent’ – for the time being

After the July peak a slow decline started in tobacco retail, but September data still show better results than many in the sector expected. The seasonal drop forecasted from Trafik.hu...

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NAV: more and more people are interested in ekáer and online cash machines from abroad

More and more foreign tax professionals interested towards the electronic road freight control system (ekáer) and towards the online cash registers, because every government needs to improve its revenue collection,...

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