Market News
Exciting Y-men
Date: 2014-11-04 12:39:05
Members of the so-called ‘Generation Y’ now make up one of the most desired consumer segments. They are loyal, influential and like to share their opinion. However, their consumer behaviour...
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According to the OKSZ, the measure can cause 15-20 thousand dismissals
Date: 2014-11-04 12:10:12
There are strong arguments in favor of keeping the stores closed on Sunday, but it should be considered that such measure would cause 15-20 thousand dismissals – the Secretary-General of...
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An Internet active family will spend up to 50,000 HUF on Christmas presents
Date: 2014-11-04 12:00:05
The active Internet users plan to spend an average 33,000 HUF this year on Christmas gifts. In case of a family of 4 – if we take the common relatives...
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The Internet tax proposal to be withdrawn on Wednesday and the duties on cafeteria may remain unchanged under 200 thousand HUF
Date: 2014-11-04 11:48:43
The Fidesz proposes that the tax level on cafeteria not to be changed under 200 thousand – Rogán Antal said on Tuesday in Budapest, after the Fidesz faction meeting, which...
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Atradius: A bankruptcy wave threatens the transportation sector
Date: 2014-11-04 11:47:01
This year a record number of liquidation and forced cancellation proceedings were initated against the freight forwarding companies in Hungary – the latest analysis of Atradius Credit Insurance company reveals....
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We want to move abroad only theoretically
Date: 2014-11-04 11:28:36
The Profession.hu, the Hungarian partner of the Decoding Global Talent Research of the Boston Consuting Group and The Network asked 5144 persons to examine the willingness to move abroad in...
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A Japanese Whisky became the world's best whisky
Date: 2014-11-04 11:02:27
A Japanese single malt whisky was named the world's best for the first time by a prestigious guide released Monday, which failed to place a Scotch in its top ranking....
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2013 was the year of data theft
Date: 2014-11-04 10:43:35
In 2013 there were more data thefts and other cyber crimes committed thane ever before – reports belepes.hu. One of the biggest data theft victims was US retail chain Target:...
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Association of Shopping Centers: the Sunday closure of the shops would have serious consequences
Date: 2014-11-03 12:20:49
According to the Hungarian Association of Shopping Centers (MBSZ) the Sunday closure of the shops would have severe, because it would result in layoffs and wage reduction – the organization...
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GKI: the flowers of deterioration
Date: 2014-11-03 12:10:20
According to the forecast of the GKI Gazdaságkutató Zrt., from autumn 2014 a negative turn begins in the economy: the growth will gradually slow down. The country's foreign policy judgment...
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Agriculture performs well in 2014
Date: 2014-11-03 12:00:13
Agriculture, despite the high base in 2014 is expected to contribute positively to the country's GDP growth – Czerván György the Minister of State of the Ministry of Agriculture (FM)...
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Strengthening local communities: more EU funds for rural development
Date: 2014-11-03 11:30:41
In the following years more EU resources will be allocated to increase the attractiveness of rural life. The Hungarian National Rural Network (HNRN), which supports the implementation of hundreds of...
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The MLBKT measured the best Purchasing Managers' Index of the past seven years in October
Date: 2014-11-03 11:08:44
The seasonally adjusted value of the purchasing managers' index increased to 54.9 points in October, and became 2.2 points higher than in September. The index of October is the best...
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Cold or flu? Survive the critical period!
Date: 2014-11-03 11:00:27
In October and November we are all more likely to catch the seasonal diseases. The unpleasant symptoms of cold and flu are well know by everyone anyone. You should get...
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Online shoppers prefer pick-up points
Date: 2014-11-03 09:10:12
The first pick-up points were created in 2010 as an ‘extension’ of Hungary’s e-commerce market and by today they have become the most popular way of delivering goods purchased online...
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Simple redefines shopping with mobile phone
Date: 2014-11-03 09:07:26
After one year of developing and testing, OTP Mobil’s Simple smartphone app debuted at Budapest’s Sziget Festival. The free app, which can already be downloaded from both Google Play and...
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Expanding prepaid card market
Date: 2014-11-03 09:04:35
Data by the Mercator Advisory Group shows that the sum spent on prepaid cards tripled in the 2008-2012 period and reached USD 76.7 billion. The consulting firm’s forecast is that...
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KSH: the monthly consumption expenditure of the households has increased
Date: 2014-10-31 12:10:49
The monthly household consumption expenditure per capita increased by about 3.5 percent in the first half of this year, in an annual comparision amounted to 66.5 thousand HUF – the...
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Hungary's consumer confidence index remained stable in the third quarter
Date: 2014-10-31 12:04:53
The Nielsen Consumer Confidence Index reached the record level of the latest period in Hungary, standing on 56 points in the third quarter, as well as during the second quarterly...
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Sunday opening hours on the agenda again
Date: 2014-10-31 12:02:29
The KDNP consider it an appropriate solution if only the shops of family businesses would be open on the last day of the week. The KDNP told MTI on Friday...
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The Ministry of National Economy initiated the withdrawal of the Internet tax
Date: 2014-10-31 12:00:34
The Ministry of National Economy (NGM) has initiated the withdrawal of the tax extension proposal on telecommunications – the ministry told MTI on Friday. Prime Minister Orbán Viktor on Friday...
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Foreign trade surplus was 279 million euros in August
Date: 2014-10-31 11:15:42
In August, the value of export calculated in euros decreased by 4.0 percent while import calculated in euros decreased by 0.6 percent compared to the same period last year. The...
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Polish apples invading France
Date: 2014-10-31 11:03:36
Among other things, due to the Russian ban on imports from the EU Poland sells apples in France, in large quantities where the price of the fruit was 10 percent...
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The quality of the 2014 vintage depends on winemakers
Date: 2014-10-31 10:52:09
This year winemakers need to do their best, because grape quality is rather poor and it will be their task to make good wine from what they have in the...
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Sopron makes Hungary’s first new wine
Date: 2014-10-31 08:54:36
Wine Marketing Workshop Non-profit Kft. announced that the season’s first wine was made in the Sopron wine region. Taschner Winery’s Irsai Olivér was authorised first by the National Food Chain...
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Magazine: Ice Cream Night
Date: 2014-10-30 12:12:08
Two ambitious confectioners, Balázs Ipacs and Péter Róth already came up with the idea of ‘The day of artisan ice cream in Hungary’. Their new project, Ice Cream Night is...
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The FM has supported the Mangalitsa breeders with several hundred million forints
Date: 2014-10-30 11:55:46
The Ministry of Agriculture (FM) supported the Mangalitsa breeders with several hundred million HUF until 2014, from the European Agricultural Fund for Rural Development funds, and provided some 130 million...
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Last year horticulture gave 15.8 percent of teh agricultural output
Date: 2014-10-30 11:50:29
The horticultural sector gave 15.8 percent of the Hungarian agricultural output last year, while within plant production it gave 26.9 percent. Feldman Zsolt Deputy Minister of State of the Ministry...
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A record corn crop is expected in Tolna county
Date: 2014-10-30 11:44:12
The highest average of the last six years, 8-9 tons per hectares corn crop is expected in Tolna county, but the harvest is behind schedule due to significant rainfall in...
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The economic sentiment of the EU and the euro zone improved
Date: 2014-10-30 11:40:31
Economic sentiment improved in October in the EU28 and the euro zone as well – according to the Thursday statement of the European Commission (EC) . The economic sentiment indicator...
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