Market News

Magazine: Can companies have conscience?

Social responsibility, sustainability, environmental protection – sometimes I feel that these values have been ‘eaten’ by business, they are nothing but mere decoration on the walls of company offices, just...

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Loyalty card and new petrol stations

Auchan launched its own Loyalty Card. Customers can register online or in stores. Points can be collected with more than 200 products at the same time, which change every month....

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PwC: less optimism, more confidence

Compared to 2014, the business leaders of the dominant companies are less optimistic about the improvements of the next 12 months expectation of the improving of the world economic situation,...

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Four out of five net users buy online

The regular net users use the World Wide Web for purchasing: 81 percent of the internet users purchased online at least once in the past year. The current E-Shopping Report...

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The Bakers’ Association does not see any way to decrease the price of bread

According to the Fidesz because of the cheaper price of fuel, the price of bread should be reduced, however the leader of the Bakers’ Association says that they are not...

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Economic sentiment: does the world and Hungary perform better?

According to the results of the poll of Ipsos conducted in 25 countries do not confirm the optimistic beliefs on the end of the economic crisis. Last year an average...

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Beekeepers will receive compensation for their losses caused by the bad weather

According to the plans of the Ministry of Agriculture, the beekeepers will be eligible to apply for compensation from next year, when due to the bad weather losses occurs. Previously,...

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The FM would protect the Hungarian spritzer

The professional rules of bottled spritzer have to be developed to prevent from abuses,while the consumer confidence has to be preserved – the Ministry of Agriculture (FM) told agrárszektor.hu. As...

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Hungarian women and foreign men

Many foreign men, especially from Western Europe and the USA, contact us about dating Hungarian women. They usually say they want to meet Hungarian women because they are beautiful, family-centred...

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JointVentures and the new Civil Code

JointVenture agreement packages are the guarantors of successful cooperation. The pillars of these are the JointVenture contract, the Hungarian company’s partnership agreement and the so-called vertical agreements such as the...

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Magazine: Getting to know Opinion Leaders – how Sociolog works in real life

In the first part of our series (Trade magazine, October 2014 issue) we summarised the characteristics of Opinion Leaders. It represents a real challenge for researchers to find out the...

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The Coface is expecting a 2.3 percent GDP growth in Hungary

This year, a 2.3 percent GDP growth is expected in Hungary. The Hungarian economy is only moderately affected by the strenghtening of the Swiss franc, due to the fixing fixing...

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Magazine: The place where everyone gathers

According to Szilvia Máté, director of BD-Expo Kft. (the official representative of Messe Düsseldorf, Veletrhy Brno and AllWorld Co. in Hungary), leading trade exhibitions, large trade fairs benefit from economic...

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Grain prices have fallen nineteen percent within a year

The Magro Grain Index (MGX) expressing the combined price movements of the Hungarian grains decreased by nineteen percent from 10059 points 8190 points in one year. This means that the...

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The growing area of the high oleic acid sunflower can increase by one million hectares worldwide

The volume of the high oleic acid sunflower can continue to grow in Hungary. The demand for the crop is dramatically increasing worldwide – Syngenta’s sector forecast predicts. Last year,...

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Italian authorities caught a Eastern European cigarette smuggling network

The Italian and Eastern European crime organization smuggled the cigarettes from Poland, Ukraine and Hungary – the Italian authorities announced on Tuesday. 88 members of the gang were arrested and...

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Nielsen: the consumer confidence index decreased in the last quarter of 2014

The Nielsen Consumer Confidence Index closed last year with 54 points in Hungary, this fourth quarter indicator is two points lower than the indicator of the third quarter. The slow...

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The mitigation of the Russian meat ban is urging to the Hungarian meat industry

To ease the Russian meat ban is urging to the Hungarian meat industry players, who suffer significant revenue losses due to the Russian embargo – Menczel Lászlóné, Secretary of the...

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The GKI-Erste sentiment index started the year with a decline

The (seasonally adjusted) value of the GKI-Erste economic index significantly decreased in January, but from a high level. According to a survey of GKI (www.gki.hu) made with the support of...

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Budai: The Hungarian companies meet all the Russian food safety standards

An examination revealed that the Hungarian companies meet all the Russian food safety standards, so deliveries can start immediately after the Russian decision – Budai Gyula, Ministerial Commissioner told M1...

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Such good grain harvest occurs only in every tenth year

Such good grain harvest occurs omly in every tenth year as in 2014, but it is even rarer that yield results of winter wheat and maize are simultaneously outstanding –...

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Three and a half tons of meat products were seized at a wholesaler in Budapest

Over three and a half tons of expired and unknown origin meat products were seized at a wholesale store in Budapest. The fine is expected to be several millions of...

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The stolen Romanée-Conti wines were found

Investigators have recovered the bulk of the premium wine bottles stolen from The French Laundry on Christmas Day, according to the Napa County Sheriff’s Office. No arrests have been made....

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Magazine: Being stylish but spending just a thousand forints

The Hungarian decorative cosmetics and perfume market is growing dynamically, so market players are kind of optimistic. Beáta Lakatos, country manager with Coty Hungary Kft. informed Trade magazin that a...

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Body care when it is cold outside

Economic recession and changing consumption trends made great changes in the body care market in the last few years – Katalin Rosta, junior shopper & customer marketing manager of Unilever...

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Partly European Union-funded tobacco plant opens in Debrecen

Róna Tobacco Trade Kft.’s new plant was built from a budget of HUF 3.1 billion and it now employs 440 people – told Marc Wagner, managing director of majority owner...

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Temperament and passion from Mexico

According to the Aztecs, Tequila is a gift from the gods. The Aztecs had made a fermented beverage from the agave plant, which the Spanish conquerors later distilled – this...

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International brands move to Székesfehérvár

On 19 September National Economy Minister Mihály Varga and mayor András Cser-Palkovics were both present when Mondelez’s new production unit was inaugurated in Székesfehérvár. Milka, Cadbury TUC, LU and Ritz...

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51827.png Hundreds of million spent on laboratories and studios at the University of Kaposvár

The University of Kaposvár spent HUF 443 million on infrastructural development, part of which was realised at the Faculty of Agriculture and Environmental Sciences. Research, development, innovation and education all...

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Rondo expands Soroksár factory

Austrian group Rondo celebrated the 20th anniversary of establishing its Hungarian affiliate with opening a HUF 350-million factory. The company now produces corrugated board products on 10,000m² in Soroksár. Rondo...

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