Market News
Europeans’ mood improved since the outbreak of the economic crisis for the first time
Date: 2014-05-14 12:21:43
The mood of the European citizens improved for the first time, since the outbreak of the economic crisis. In 8 out of 12 countries, people feel more confident than last...
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The NAV warns: beware of fake inspectors when changing cash registers
Date: 2014-05-14 12:00:13
Fake inspectors are pretending as real inspectors of the National Tax and Customs authority (NAV). According to the communication of the National Tax and Customs Authority (NAV), in recent days,...
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It turns out how conscious consumers are the kids
Date: 2014-05-14 11:58:59
The education of consumer awareness can not be started early enough, so the National Food Chain Safety Office (NÉBIH) in collaboration with the team of PontVelem.hu launched a series of...
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Cash Register Replacement: state support was claimed for 68 thousand cash registers
Date: 2014-05-14 11:46:12
State support was claimed to 68 thousand cash registers amounting to more than 2.8 billion – tax authority told MTI. The Hungarian Trade Licensing Office ( MKEH ) announced on...
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France is no longer the world's largest wine market
Date: 2014-05-14 11:43:10
France has lost its first place on the world’s wine market. In 2013, the most wine in the world was consumed in the United States – the International Organisation of...
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Kardeván Endre: the past year was determinative for the hungaricums
Date: 2014-05-14 11:42:06
Last year was determinative for the hungaricum movement, as the collection of the national values and hungaricums actually started – Kardeván Endre, Minister of State of the Ministry of Rural...
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Atradius: German economy gives hope to Hungarian exporters
Date: 2014-05-14 09:48:25
After the moderate performance of the last two years Germany’s economy may gain momentum in 2014 and the GDP may grow by as much as 1.8 percent. According to Balázs...
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More wine goes to Germany and they are of better quality, too
Date: 2014-05-13 16:26:05
Germany is Hungary’s most important trading partner with a share around 25 percent in both our export and import. As for the most important states, more than half of Hungary’s...
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Private label products are becoming more and more popular
Date: 2014-05-13 12:16:50
Private label products are becoming more and more popular on the domestic market. In addition to the private label goods, discounted products that are not avalable elsewhere are gaining a...
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The Paypal expects an increase in online purchases
Date: 2014-05-13 12:15:24
The PayPal Ltd. expects a strong growth on the m-commerce market in Hungary this year – the online financial services company informed MTI on Monday. The entire Hungarian m-commerce market...
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One can enter into agricultural insurance at four companies this year
Date: 2014-05-13 12:10:27
This year, in addition to the three current players – Allianz, Generali and Groupama insurance companies agricultural insurance can be bought at the Első Magyar Agrárbiztosítási Ügynökség (First Hungarian Agricultural...
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Hungary opens a trading house in Singapore
Date: 2014-05-13 12:00:41
The Hungarian National Trading House Zrt., the Hungarian Foreign Economy Association, and Hungary’s ambassador in Singapore held a joint press conference on 12 Mayin Budapest. At the informal meeting they...
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Deloitte: investor confidence is on its pre- crisis level
Date: 2014-05-13 11:45:30
Investor confidence in the region increased in the spring of 2014 to the levels of the 2003-2007 period. Deloitte’s investor confidence index shows a positive trend for the third consecutive...
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Newer machines have received marketing authorization
Date: 2014-05-13 11:25:22
The Hungarian Trade Licensing Office (MKEH) issued marketing authorizations for another six cash machines in recent days – turns out the news published on the agency's website. The Optima QMP50...
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Nébih: it is important to enrich the children’s knowledge of food safety
Date: 2014-05-13 11:21:39
To enrich the children’s knowledge of food safety is an important element of the Food safety Strategy adopted last year, as it is the only way to become conscious consumers...
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Are red wine and dark chocolate really health care products?
Date: 2014-05-13 11:20:16
Researchers doubt in the health care effect of the resveratrol which is an antioxidant component of red wine, after they tracked the inhabitants of an Italian wine region for for...
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More than half a billion HUF worth smuggled cigarettes were found by the staff of NAV
Date: 2014-05-13 10:55:45
More than half a billion HUF worth, presumably smuggled cigarettes were seized by the staff of the National Tax and Customs Administration (NAV) in Nyíregyháza and in Váncsod, Hajdú-Bihar County...
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The Russian meat ban can affect the Hungarian companies badly
Date: 2014-05-12 12:05:54
The Russian meat ban is a major problem for the Hungarian meat companies, who were interviewed by the MTI. From May 14 Russia temporarily prohibited meat imports. Several companies complained...
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Slovak wine producers welcome the tightening in the production of Tokaji aszú
Date: 2014-05-12 11:40:28
The wine producers in Slovakia are happy, because thanks to the decision of the Mountain Village Council of the Tokaji Wine Region, in the future only 5 and 6 butt...
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The Chamber of Agriculture and the National Commercial House signed a cooperation agreement
Date: 2014-05-12 11:25:07
The cooperation agreement was signed in Budapest on 8 May 2014. The document states that the agricultural sector is a strategic sector. The improvement of the sector is a common...
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The e-toll unveils VAT frauds
Date: 2014-05-12 11:07:52
The system of e-toll, facilitates the the catching of VAT frauders. The NAV obtains the informations, on which they can follow the path of shipments. So it turns out if...
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The special rice subsidy payment has begun
Date: 2014-05-12 11:06:58
The Agricultural and Rural Development Agency (MVH) has started to pay out the special rice subsidies to payments 60 rice producers in a value of more than 380 million HUF...
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Import tomatoes are traveling thousands of kilometers, despite we have the delicious Hungarian tomatoes
Date: 2014-05-09 12:10:11
The key to the livelihood of the domestic tomato and pepper growers if they continuously produce better quality goods than foreign competitors with reliable technology. Another break point is to...
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KAVOSZ Zrt.: the Széchenyi Card Program stimulates investments
Date: 2014-05-09 11:15:57
The domestic small businesses instead of solving the short term business problems are thinking about increasing investments. These investments programs are stimulated by the Hungarian National Bank’s growth credit programs...
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New sampling rules apply from March
Date: 2014-05-09 10:59:09
London-seated Gain and Feed Trade Association’s new sampling rules (GAFTA 124) are already in effect in the case of contracts signed after 1 March 2014. The first change in sampling...
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GfK: the share of private labels in the fast moving consumer goods market increase slightly again
Date: 2014-05-08 12:10:12
After the slight decrease of 2012 the private label products were able to achieve a greater share again. On the basis of the annual volume datas the private label products...
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The victims of the cash register exchange to unite
Date: 2014-05-08 11:31:21
The Érvek (Arguments) Pros advocacy group urges the victims of the cash register exchange to carry out concerted actions. Tens of thousands have been left without state support of those...
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The Mangalitsa became an anime hero in Japan
Date: 2014-05-08 11:11:36
The main character of the comics, based on Mangalitsas is Tóth Péter, president of the Mangalitsa Breeders ' Association who saved the Hungarian bred Mangalitsas 20 years ago. The Mangalitsa...
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Palm oil consumption grows all over the world rapidly
Date: 2014-05-08 11:07:08
Today, 35 percent of the vegetable oil production and consumption in foods, cosmetics, medicines, lubricants and in biodiesel is palm oil – the Conclude Investment Ltd. informed MTI. Nearly 35...
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SMEs are using but do not really understand the Facebook
Date: 2014-05-08 11:05:48
Hungarian small and medium-sized enterprises (SMEs) are using but do not really understand the Facebook. According to Joanelli Tamás, Managing Director of the Be Social community marketing company in Hungary...
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