Market News
Ukrainian vodka and illegal homemade pálinka may be the hits in 2015
Date: 2014-11-24 11:15:40
Some market participants fear that the Ukrainian vodka or illegally manufactured home pálinka may be the next hit after the Parliament adopted the new rules, in connection with home pálinka...
Read more
A new legislation for the operation of the vending machines
Date: 2014-11-24 11:14:35
The legislation to ensure transparency in the market is being prepared by involving the Vending Machine Association – the National Economy Ministry told MTI on Saturday. The legislation aims to...
Read more
European Waste Reduction Week: 10 percent of the food ends up in the trash
Date: 2014-11-24 11:10:31
In the Hungarian households,10 percent of the purchased food ends in the trash. With conscious purchasing and consumption a family could save an average of 50 thousand HUF per year...
Read more
The German IFO business sentiment index improved unexpectedly
Date: 2014-11-24 11:05:10
Instead of the expected decline the German ifo Economic Research Institute’s German economic sentiment index increased in November. The ifo business climate index rose to 104.7 points in November, from...
Read more
Manufacturer brands are strong and stable
Date: 2014-11-24 10:14:27
In the last two January-August periods anti-aging cream (face and eye) sales were around HUF 3.5 billion. Value sales expanded by 4 percent and volume sales grew 1 percent. Drugstores...
Read more
Magazine: The year of Hungaricums
Date: 2014-11-21 12:35:03
In 2013 the Hungaricum Committee (HB) was formed and in 2014 it already signed 135 contracts with Hungaricum manufacturers. The manufacturers of these products are supported from a HUF 145-million...
Read more
KSH: the rise in earnings accelerated in September
Date: 2014-11-21 11:45:04
The increase of the average monthly gross and net earnings accelerated to 2.4 percent in September, compared to the previous year, and from the 2.2 percent of August. Without the...
Read more
The Honey breakfast program has started
Date: 2014-11-21 11:30:54
The Honey breakfast program has started on Friday, which aims to promote honey consumption and healthy eating among elementary school students. The program was launched by Minister of Agriculture and...
Read more
Nébih: 22-24 billion HUF inspection fee may flow into the budget in 2015
Date: 2014-11-21 11:21:28
The National Food Chain Safety Office (Nébih) is expecting 22-24 billion HUF inspection fee in 2015 among unchanged market conditions and payment discipline. About half of the amont will remain...
Read more
The NAV has to pay the late charges of the VAT refund to a firm in Zala county
Date: 2014-11-21 11:06:57
The NAV has to pay a close to 10 million HUF late charges of the VAT refund to an Ltd, in Zala county. The spokesman of the Zalaegerszeg Tribunal told...
Read more
The e-cigarettes are freely tradable in Germany
Date: 2014-11-21 11:02:45
A German federal court has ruled that the liquids contained in e-cigarettes aren't medicinal products and can be traded freely. E-cigarettes are battery-powered devices that produce an odorless vapor which...
Read more
Darkness at noon
Date: 2014-11-21 10:56:15
There were nearly 500 participants at this year’s Business Days conference. Everybody was happy with the 4-day conference because we had more time for networking. Listening to sponsored presentations from...
Read more
Cofidis: we plan to spend an average of 33 thousand HUF for Christmas gifts
Date: 2014-11-20 12:00:15
The Black Friday will be held this year on 21November. This is traditionally the start of the Christmas shopping season. The Hungarians plan to spend an average of 33 thousand...
Read more
Tobacconists expect a positive turn from the amendment of tobacco trade law
Date: 2014-11-20 11:35:57
The Association of the Hungarian Tobacco Retailers (MDKE) evaluate the proposed amendment as a favorable turn. The law regulating the tobacco trade law optimizes the operating conditions, at the same...
Read more
The Tokaj Trading House is filling its cellars with Premium Aszú
Date: 2014-11-20 11:28:40
The Tokaj Trading House closed this year's harvest season with the purchse of 260 tonnes of aszú grapes surpassing the preliminary expectations. Thanks to the successful harvest, the wine company...
Read more
This year’s Food avalanche brought a record crop
Date: 2014-11-20 11:24:35
The Food avalanche programme of the Hungarian Food Bank Association and Syngenta helped more than 13 thousand needy people. On the fields of the 37 participating local governments and non-governmental...
Read more
The tobacco industry representatives oppose the nationalization of tobacco wholesale
Date: 2014-11-20 11:21:38
The tobacco industry representatives considered the latest government bill it unacceptable which would nationalized the wholesale trade of tobacco products without prior professional consultation – the Hungarian Association of Tobacco...
Read more
New York has the world's most expensive shopping street
Date: 2014-11-20 11:12:06
The upper section of New York's Fifth Avenue overtook Hong Kong’s Causeway Bay area, and become the world's most expensive shopping area on the basis of rents – Cushman &...
Read more
Obesity imposes almost as much costs to the world as smoking
Date: 2014-11-20 11:10:09
Obesity imposes almost as much costs to the world as smoking and armed conflict. It has higher costs than either alcoholism or climate change – a US research revealed, which...
Read more
Government subsidises interest rates to help producers’ organisations
Date: 2014-11-20 10:47:00
The government decided to grant interest rate subsidies to Producers’ Sales Organisations (TÉSZ) via the New Hungary TÉSZ Current Asset Loan Programme. MFB Bank implements the programme, in which TÉSZ...
Read more
The Hungarian Advertising still calls for the elimination of the tax on advertising
Date: 2014-11-19 12:10:25
The Hungarian Advertising Association (MRSZ) and the associates of the communications industry ask for the elimination of the tax on advertising again and draw attention to the expected adverse effects...
Read more
The Christmas shopping fever has started
Date: 2014-11-19 11:22:59
While in October only one in ten Hungarians hits the stores for Christmas presents, in November, the third of the population starts to looking for Christmas presents. In Budapset every...
Read more
The tobacco industry’s operators and the tax authorities launched a campaign against the black market
Date: 2014-11-19 11:21:03
The National Tax and Customs Administration (NAV) as well as the domestic tobacco industry players have launched a nationwide campaign against the black market sales of tobacco – was announced...
Read more
The Hungarian National Trading House has signed a strategic agreement
Date: 2014-11-19 11:20:56
The Hungarian National Trading House has signed a strategic cooperation agreement with the Customs, Excise and Service Tax Association on Tuesday. The purpose of the agreement is to jointly explore...
Read more
The product range of the zobacco shops may expand
Date: 2014-11-19 11:19:10
In the future, tobacco shops can sell chewing gums, mints, public transport tickets, and the buyers can upload their mobile phones as well in the tobacco shops – according to...
Read more
The Adecco’s new research will help in job market entry
Date: 2014-11-19 11:18:04
Adecco’s first global study reveales the most important research results related to job search, digital reputation, manpower search in the era of the social media. Adecco Group, the world's leading...
Read more
Can nice people find jobs easier?
Date: 2014-11-19 11:17:06
Nine out of ten jobseekers would be satisfied with less imaginary salary, while slightly more than half of the submitted applications contain statements that do not correspond to reality. The...
Read more
Debrecen will have its own wine
Date: 2014-11-19 11:14:28
Debrecen will have an own wine again: the red and white wines that can bear the Wine of the City title will be presented at wine muster that will be...
Read more
Only consumption growth can save apple farmers
Date: 2014-11-19 09:20:23
Hungary’s Interprofessional Organisation for Fruit and Vegetable (FruitVeB) suggested several solutions how to increase apple sales. These could raise the currently 15kg per capita annual apple consumption level by 10kg....
Read more
Winemakers want higher alcohol content
Date: 2014-11-19 09:08:37
The National Council of Wine Communities would like the European Commission to authorise Hungarian winemakers to increase the natural alcohol content of wines with sugar, by 0.5 percent abv in...
Read more
