Market News

Third of the annual turkey consumption in the U.S.A. is during Thanksgiving

In the United States, Thanksgiving Day is one of the largest family holiday beside Christmas. Since 1621 the main course of the feast is the roasted turkey. The U.S.A. is...

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A Székely store opened in Csíkszereda

The Székely Product Agricultural Cooperative opened a store selling Székely products in Csíkszereda (Miercurea Ciuc) – the Harghita County Council told on Monday. The notice cites Márton István, the president...

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GKI: burdens on companies have increased significantly

In August 2013 GKI Economic Research Co. conducted a representative survey among Hungarian companies. 978 CEOs have responded. They were asked, among other things, how their administrative burdens had changed...

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New York’s Mayor suggests “hiding” tobacco

In order to promote healthy lifestyle among youngsters Michael Bloomberg, Mayor of New York on Monday proposed the introduction of a law under which the stores would be required to...

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KSH: retail sales increased in September

Retail sales rose by 0.3 percent in September, compared with a year earlier, according to the calendary effect adjusted datas. The unadjusted index shows a 0.8 percent increase. The revised...

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Old favorite in a new form: personal loan re-conquest online

We are becoming more and more optimistic in financial management: the personal loan is living its renaissance, this time in an online form. We are bored with the queues. According...

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Billboards against cat and dog meat consumption

The Animals Asia Foundation (AAF) is campaigning on Billboards, in more than a dozen major Chinese cities against the still prevalent cat and dog meat consumption in the country. On...

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Nébih : 2.2 million lab tests

The Special Affairs Directorate of the the National Food Chain Safety Office (Nébih) carried out 351 checks during its one year existence, actions were taken in the case of about...

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MKEH: two new cash machines can be distributed

The distribution of the Alt Cash Kft. and the Japán Cash Company Kft. can be started as the cash registers have met the required standards – the Hungarian Trade Licensing...

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Bisnode: the average age of the domestic firms is under ten years

The average age of the domestic firms is 9.63 years. The age of the largest Hungarian companies is currently around an average of only 14 to 15 years – the...

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The Food Bank collected more durable food over the weekend for the needy than in last year

The weekend food collection action of the Hungarian Food Bank Association ended with success. The population collected a total of 140 tons of food for the families in need –...

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The rise of GKI-Erste economic sentiment index continued in November

According to the empirical survey conducted by GKI with the support of the EU both business and consumer expectations improved dynamically in November. The trend of the GKI-Erste economic sentiment...

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Feldman Zsolt: innovation and cooperation should be increased in the dairy sector

In order to improve competitiveness and efficiency, there is a need to strenghten The farmer cooperation and innovation in the dairy sector –Feldman Zsolt Deputy Minister of State of the...

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Eat wisely, but with joy during the holidays!

If there is a time when those who wish to lose weight or body mass index want to disappear for a while, then it is the period around Christmas and...

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Antibiotics and analgesics in certain milk products in Taiwan

Up to 70 percent of all dairy products sold in Taiwan may contain derivatives of drugs which have flown into the products from the body of the animals – the...

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Foodsharing portal catching up

A website launched this week is helping Austrians share food rather than waste it, in an attempt to limit the environmental damage of wasted food – and put bread on...

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Cure found for Cryphonectria parasitica

The Cryphonectria parasitica, deriving from China is destroying the chestnut trees for decades. Since the appearance of the fungus more than 1,000 hectares of trees destroyed in Hungary, making the...

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The regulation on fatty acid content of foods has been published

After a ninety-day grace period, the regulation on fatty acid content of foods has been published in Wednesday's issue of the Magyar Közlöny (Hungarian Gazette). The essence of the regulation:...

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Tobacco retail: The NAV is watching the ads on the Internet

The tax authority this year removed 1289 ads, that violated the Excise Act from the TeszVesz, Vatera, Apród, Topapró, Expressz and Apróhirdetésingyen portals. 55.1 percent of the removed ads, a...

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KSH: earnings grew by five percent in September

The gross average earnings increased by 5.0 percent, while the average net earnings by 6.4 percent in September, compared to a year earlier – the Central Statistics Office (KSH) told...

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Coface CEE Top 500: Top companies with increasing turnover but sharply declining profits

– Poland again ranked first, Hungary and Romania catching up while Ukraine dropping out of the Top 3 – More turnover did not lead to a stable development in net...

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The NAV warns: check your orders until 25 November

The online cash registers can also be ordered online at the magyarorszag.hu site – the National Tax and Customs Administration (NAV) told MTI on Tuesday. The NAV also pointed out...

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Retail sales of drugs without a prescription rose by ten percent

Retail (including pharmacies and other outlets) reached 10 percent more revenue from nonprescripted drugs and medicinal preparations (OTC) in the first nine months of the year, compared with the same...

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Regus: flexible working conditions are stimulating creativity

According to the recent survey of Regus, nearly three-quarters of the Hungarian respondents, believe that flexible working conditions are increasing productivity. The most important results of the survey: · 74...

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Hungary is in the middle field in terms of late payments

Among the EU Member States Hungary is in the middle in terms of late payments. Four percent of the annual total business turnover should be written off, due to late...

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Foreign eggs unfit for consumption were withdrawn from circulation in Kecskemét

The Veterinary and Food Administration Authority of the Bács-Kiskun Government Office withdrew foreign origin eggs, that were unfit for eating from circulation – the Ministry of Rural Development (VM) informed...

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Pankucsi: PC-based cash registers can be ordered from now

Despite the difficulties, the deadline for the introduction of the online cash machines does not change. Governmental proposal of this kind is not on the agenda. Among the small cash...

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GfK : consumers spent about one-fifth more on small household appliances in the third quarter

The sales of consumer durables increased by 24 percent in the third quarter of 2013, compared to the same period of the last year and amounted to 108 billion HUF....

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Food Avalanche has helped to tens of thousands people

Almost one hundred tons of grain was harvested by the local governments and non-governmental organizations that are involved in the Food Avalanche of the Hungarian Food Bank Association and Syngenta....

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Fazekas Sándor: the goal is to transport more local products to the markets

According to the Minister for Rural Development, the goal is to transport more local products to the markets. Fazekas Sándor spoke about this in Lengyeltóti this Saturday on the forum...

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