Market News
The habitat survey to be extended to the entire Tokaj wine region
Date: 2014-11-14 11:17:22
On the basis of the agreement of the Tokai Wine Region Mountain Village Council and the Tokaj Trading House Plc., the habitat survey to be extended to the total area...
Read more
Nearly seven hundred thousand smuggled cigarettes were seized in Budapest
Date: 2014-11-14 11:00:17
Thirty-five thousand packs of Belarus contraband cigarettes in a value of 28 million HUF were seized by the financial investigators of the National Tax and Customs Administration (NAV) in Budapest...
Read more
Business loans: the subsidised product takes all
Date: 2014-11-14 10:15:54
It was undoubtedly the Central Bank of Hungary’s (MNB) Lending for Growth (NHP) programme that generated the biggest upturn in the corporate lending market after the middle of 2013. The...
Read more
Companies calculate with more moderate financial results
Date: 2014-11-14 10:14:11
Financial expectations of Hungarian enterprises muted a little in comparison with the beginning of the year. On average they calculate with a 6.3-percent sales growth and a 3.8-percent increase in...
Read more
Company heads’ personal responsibility: there is no need to panic, but they better be prepared
Date: 2014-11-14 10:10:30
Hungary’s new Civil Code entered into force on 15 March 2014 and among other things it also regulates the personal responsibility of company heads. The new law puts such big...
Read more
OKSZ: the vast majority want Sunday opening
Date: 2014-11-13 12:10:53
The vast majority of professional organizations unanimously wanted Sunday opening at the consultation held by the Ministry of National Economy (NGM) – the National Trade Association (OKSZ) told. The ministry...
Read more
The Opten expects a a record number of 40 thousand company terminations this year
Date: 2014-11-13 11:25:52
The number of companies to be deleted in Hungary can increase up to 40 thousand in Hungary. This is the highest value ever recorded – the Opten Informatikai Kft. press...
Read more
A change in the eating habits of the Czechs
Date: 2014-11-13 11:05:13
The Czech population's nutrition habits have changed since the 1989 regime change. The Czechs consume less meat, bread and potatoes, but more vegetables, rice, white bread and sweets consumed. The...
Read more
Get new customers with MVM Partner!
Date: 2014-11-13 09:10:42
MVM Partner ZRt.’s PartnerCard has nearly 100,000 potential users and this constitutes a big business opportunity for enterprises that join the programme as card accepting places. Hungarian firms’ reliable electricity...
Read more
How did it start and where are we now?
Date: 2014-11-13 09:01:13
The first period was the one before Hungary’s accession to the European Union (1994-2004), when the main task was preparing for the challenges after accession. This period was characterised by...
Read more
Tchibo – community coffee experience
Date: 2014-11-13 08:13:32
Per capita coffee consumption isn’t exceptionally high in Hungary, but the level of penetration and consumers’ quality expectations are high indeed. Ágnes Rajnai, marketing director of Tchibo told that we...
Read more
Good performance from oral and body care products
Date: 2014-11-13 08:07:40
Sales improved in the 70 household chemical and cosmetics categories audited by Nielsen: values sales were up 6 percent and volume sales increased by 2 percent in the HUF 165-billion...
Read more
Grocery retail back on form
Date: 2014-11-13 08:04:04
After the negative trends of the past five years the Nielsen Retail Index registered growth in retail volume sales in Hungary this year. In Q1 2014 volume sales were 1.6...
Read more
Nielsen: the shopping mood of the Hungarians increased slightly in the third quarter
Date: 2014-11-12 12:00:41
Seven of ten Hungarian consumers (72%) believe that the country is currently in an economic crisis; among other things, it explains teh lower shopping mood of the Hungarians, compared to...
Read more
KSH: agricultural producer prices decreased by 5.1 percent in September
Date: 2014-11-12 11:55:15
In September, the agricultural producer prices decreased by 5.1 percent, compared to the same period of 2013 – the Central Statistical Office (KSH) told MTI on Wednesday. According to the...
Read more
Less and less space for new entrants on the domestic e-commerce market
Date: 2014-11-12 11:50:51
The six biggest sectors of online retail carried out 63 percent of the estimated annual turnover in the first nine months of 2014. Mostly the participants of the toy /...
Read more
Fazekas Sándor discussed about the increase of food exports in Shanghai
Date: 2014-11-12 11:45:20
Fazekas Sándor Minister of Agriculture negotiated in Shanghai about the expansion of the export opportunities of Hungarian products to China. Fazekas Sándor also opened a major wine exhibition in Shanghai....
Read more
The CBA is committed to keep the Sunday closure
Date: 2014-11-11 12:20:59
The reconciliation continues on the free Sunday initative of the Christian Democratic People's Party (KDNP), which can reach its final form for early December – Rétvári Bence, vice president of...
Read more
KSH: consumer prices fell by 0.4 percent in October
Date: 2014-11-11 12:05:07
The consumer prices were an average 0.4 percent lower in October than a year earlier, while compared to September, consumer prices decreased by 0.3 percent – the Central Statistics Office...
Read more
The share of online shopping from abroad is increasing significantly
Date: 2014-11-11 12:00:28
This year Hungarians had to pay VAT or customs duty for 42 thousand packages that were ordered from abroad. This figure shows a 60 percent growth, compared to the same...
Read more
The law on the establishment of shopping centers may change
Date: 2014-11-11 11:59:27
The government submitted the bill amending the licensing of commercial buildings, the new law will enter into force on the first of January 2015. The proposal relates to commercial structures...
Read more
The EP committee voted for the possibility of extending the ban on GMO legislative amendment
Date: 2014-11-11 11:45:58
The Environment and Public Health Committee of the European Parliament (EP) on Tuesday voted for the possibility of extending the ban – changing the current rules – on GMO legislative...
Read more
The rain slows down the corn harvest
Date: 2014-11-11 11:04:49
Nearly half of the planted corn has been harvested in Komárom-Esztergom county. The works are going slowly, due to the moisture content of grains and due to the fuzarium infection...
Read more
What to wear at the first date: the case of the ski suit
Date: 2014-11-11 01:11:14
When I am asked what to pay attention to at the first date, my answer is always this: it is like a job interview because you may only get 1...
Read more
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,...
Read more
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 –...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
