Market News
Ice water on your head!
Date: 2014-10-15 21:41:32
The ALS Ice Bucket Challenge has been spreading fast on the internet. People dump ice water on their heads to call attention to this fatal disease and urge people to...
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No clean slate: retrospective investigations conducted by NAV
Date: 2014-10-15 21:30:46
As of 1 September traditional cash registers mustn’t be used any more: only online cash registers are allowed to be operated by units that fall under the scope of the...
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Accurate and rapid information at every level
Date: 2014-10-15 21:27:01
These days it isn’t enough to install a couple of cash registers in the FMCG sector: without connected background systems and the constantly updated information for members of the management...
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Interest rates are lower than ever
Date: 2014-10-15 21:24:14
KAVOSZ Zrt. manages the Széchenyi Card Programme, which is already accessible at 11 financial institutions and in part due to the state’s interest rate subsidy it is the most successful...
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Factoring: payment trends and credit risk factors
Date: 2014-10-15 21:21:17
Hungarian enterprises have become more disciplined in paying invoices and collecting receivables, and they are also more careful when it comes to selecting business partners. In general we can say...
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Fewer Hungarians worry about debt
Date: 2014-10-15 21:19:20
Nielsen’s 2nd quarter survey (conducted in 60 countries) asked the question ‘What will be your biggest concern in the next six months?’ and while in the 3rd quarter of 2013...
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Magazine: Regardless of age
Date: 2014-10-15 12:55:50
People of all ages like to play and sales of toys and games are growing in Hungary, especially in the summer and winter season when many new products are introduced...
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Web stores can avoid the advertising by escaping to foreign lands
Date: 2014-10-15 11:52:28
Many small and medium-sized domestic web shops may decide to relocate abroad in the near future due to the effects of the advertising tax – Kis Ervin Egon, the president...
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More resources will be allocated to the development of beekeeping
Date: 2014-10-15 11:40:31
In the following years, an annual 4.7 million euros, 20 percent more subsidy will be allocated to the development of beekeeping, especially to develop the technology and to modernize the...
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FM: constant goal is to retain the GMO-free status
Date: 2014-10-15 11:13:21
Hungary must continue to preserve its genetically modified organisms (GMOs) exemptions, which can also be read in the new basic law – the Ministry of Agriculture (FM) drew attention in...
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Draft about the single electronic card system
Date: 2014-10-15 11:12:58
The government intends to run a unified electronic card issuing system from next August. The act regulating the structure and operation of the system was published on the government's website...
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The Santa's factory is already accepting donations
Date: 2014-10-15 11:11:51
The Santa's factory is already accepting donations from October. This year the Santa's factory aims to help with toys, clothing, cleaners and permanent food for at least 350 thousand families....
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A very good grain harvest in the Czech Republic
Date: 2014-10-15 11:07:03
This year's grain harvest became very good in the Czech Republic – the Czech Statistical Office (CSÚ) announced on Tuesday. From cereal grain and maize a total of 8.73 million...
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Two hundred million people could be fed from the wasted food in China
Date: 2014-10-15 11:05:55
Every year nearly 200 billion yuans, or 8 trillion HUF worth food is wasted in China. The professionals draw attention to the excessive purchasing in the most populous country in...
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There is a child in every adult
Date: 2014-10-15 10:04:08
Some of the promotional gifts are toys or games, from sporty ones to figures to board games. Éva Váradi, sourcing and marketing director of Golding Business Gift Kft. reckons it...
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The “High Quality Pork” branded products appear at more and more places
Date: 2014-10-14 12:00:37
The auditing of 60 firms has been successfully completed, already, so the “High Quality Pork” branded products are available in more and more places – Menczel Lászlóné, the Secretary of...
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Hot Summer: 15 thousand NAV controls
Date: 2014-10-14 11:30:43
The NAV’s staff carried out about 15 thousand inspections nationwide in July and August, and deficiencies were found at nearly quarter of the cases. The amount of fines excessed 530...
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A good corn crop is expected
Date: 2014-10-14 11:18:29
The harves of corn has started, and as expected a good, about 8-9 million tons of crops can be expected this year after last year's 6.7 million tons – the...
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Opten: a slow consolidation in the company world
Date: 2014-10-14 11:15:14
More than ever, 10,722 firms were deleted by in the third quarter of 2014 in Hungary. It is 5 percent more than in the previous quarter (10,174) and 33 percent...
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Nébih: the bluetongue disease has appeared in Hungary
Date: 2014-10-14 11:14:47
The national animal health reference laboratory of the National Food Chain Safety Office (NÉBIH) detected bluetongue disease in the southern part of Csongrád county. Around 20 km radius of the...
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The EU Member States should be free to decide about the cultivation of GMOs
Date: 2014-10-14 11:10:10
Hungary is interested in an agreement, in which the EU Member States to be free to decide about the cultivation of GMOs. Hölvényi György, KDNP’s MEP told on Monday in...
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Time travel in Auchan stores
Date: 2014-10-14 08:00:37
Between 5 September and 6 November 2014 Auchan comes out with a new, educative sticker collecting album, titled ‘Arnold and Oscar travel in time’. The two main heroes of the...
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KSH: the decline in agricultural producer prices is slowing
Date: 2014-10-13 12:10:35
Agricultural producer prices in August were 3.3 percent lower than a year earlier, due to the 4.9 percent decline in the price of plant products, and the 0.8 percent decrease...
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GfK: restructuring on the market of illegal cigarettes
Date: 2014-10-13 12:00:35
The ratio of the Hungarian cigarette black market now exceeds 12 percent, the most striking change is the increase of the sales of legally cigarettes manufactured abroad and marketed by...
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Budapest Bank: the last quarter can bring further growth in the Loan Growth Programme
Date: 2014-10-13 11:50:14
One in six small and medium-sized enterprises is considering to use the loan in the scope of the Loan Growth Programme (NHP) of the Central Bank in the last quarter...
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Credit card payments: We are far from the Swedish
Date: 2014-10-13 11:38:46
In Sweden four out of five purchase transactions are carried out with bank cards or via other electronically transaction – the portfolio.hu wrote after the Business Insider. According to recently...
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Fish harvest celebration in Hortobágy
Date: 2014-10-13 11:38:29
The autumn fish harvest has started in the Hortobágy Fish Farm, the harvesting feast’s opening celebration was held on Saturday near fish pond of Elep. MTI Photo: Czeglédi Zsolt The...
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The riesling will be the wine of the Lake Balaton
Date: 2014-10-13 11:20:44
The wine of the Lake Balaton is prepared as the first example of a new Balaton-based product category from 2015. The Balatoni Kör, the announcer of the initiative published the...
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Volume sales of household chemicals and cosmetics are rising again this year
Date: 2014-10-13 10:35:57
Sales of household chemicals and cosmetics amounted to HUF 158 billion in the first six months of 2014. Value sales were 6 percent higher than a year earlier and volume...
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Moderate growth in industrial production prices
Date: 2014-10-13 09:14:50
In June 2014 domestic industrial production prices increased by 0.8 percent on average from the level of the previous month. Domestic industrial sales prices rose 0.3 percent on average –...
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