Market News
No big buck in tobacco in Somogy
Date: 2013-11-06 12:06:32
The Coop supermarket chain terminated its tobacco sales in six settlements of Somogy county, because the chain can not undertake the several hundred thousand HUF IT investments to meet the...
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NMHH: more than half of the commercial television shows contain product placements
Date: 2013-11-06 12:00:41
More than half of the programs of the commercial broadcasters contain product placements in addition to trade advertisings – the National Media and Communications Authority’s (NMHH) report investigating the second...
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Decline in retail sales in the EU and in the euro zone
Date: 2013-11-06 11:57:04
Retail sales decreased by 0.6 percent in the euro zone and by 0.3 percent in the European Union in September, compared with the previous month. Compared to September 2012, retail...
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Mazars: the NAV checks the payments of the environmental product fee
Date: 2013-11-06 11:55:01
Checks on environmental product fee are priority areas this year for the National Tax and Customs Authority (NAV). While in case of other taxes, the tax penalty is equal to...
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NGM: there will not be a new deadline
Date: 2013-11-05 12:57:17
The deadline of the online cash register replacement will not change to 31 May 2014 – the National Economy Ministry (NGM) told. The NGM said that even in the case...
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The revival of micro-enterprises
Date: 2013-11-05 12:25:42
Although the economic outlooks remains unfavorable for the investment and borrowing mood of the micro-enterprises, the majority of long- term thinking companies have realized that bank funds are essential to...
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OKSZ: it is impossible to finish the cash register replacement this year
Date: 2013-11-05 12:05:47
According to the National Retail Federation (OKSZ) it is impossible to complete the cash register replacement by 31 December 2013, as it is wished by the Ministry of National Economy...
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Global wine production is not keeping pace with consumption
Date: 2013-11-05 12:04:21
The world's wine production is below the global wine consumption. Therefore price increases are expected on the global wine market – Morgan Stanley warns in its fresh analysis. The growing...
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Christmas gift-giving at companies has fallen sharply
Date: 2013-11-05 12:03:36
The christmas gift orders of the companies decreased sharply, both in volume and value: less than one-fifth of the firms are giving Christmas presents, while 10 years ago, twice as...
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MLSZKSZ : there will be combined transportation in Hungary again
Date: 2013-11-05 12:01:28
The competitiveness of the Hungarian domestic multimodal transport has increased significantly, due to the introduction of the e- toll. The Hungarian Association of Logistics Service...
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The Hungarian Fruit and Vegetable Sector Strategy is under public consultation
Date: 2013-11-05 12:00:37
The Hungarian Fruit and Vegetable Sector Strategy of the Ministry of Rural Development was released for public consultation on Monday. The strategy aims to produce more than 3.5 million tons...
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Magazin: Coffee consumption increases above the age of twenty
Date: 2013-11-05 11:03:38
One quarter of young people drink coffee daily in one form or another and one third of them can be called regular coffee drinkers (sipping a cup of coffee every...
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Czerván: strengthening cattle sector, increasing milk production
Date: 2013-11-04 12:28:33
The cattle sector can be strengthened with proper preparation after the existing milk quota system of the EU will be terminated from 2015, which determines the amount of milk that...
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Poultry Product Council: VAT reduction is crucial for the sector
Date: 2013-11-04 12:00:30
According to the Poultry Products Council (BTT), VAT reduction is crucial in the poultry sector, because it would repress the black economy, it would reduce imports, while the competitiveness of...
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Citybrands.hu: increasing coupon useage
Date: 2013-11-04 11:43:51
With the widespread of online coupon sites, the number of those people who choose to finance their holidays, food consumption or medical treatment from coupons that can be purchased on...
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The recycling of packaging has increased
Date: 2013-11-04 11:40:58
The rate recycling of packaging waste grew in Hungary in 2011 – Eurostat’s recently published data shows. 62.9 percent of the packagings was recycled, about 59.3 percent was material recovery,...
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The ministerial decree that will regulate fisheries management soon to be completed
Date: 2013-11-04 11:01:24
The ministerial decree that will regulate fisheries management soon to be completed – the Ministry of Rural Development (VM) told MTI. According to the information of the Ministry, the implementation...
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Interest rates – a roller coaster is coming
Date: 2013-11-04 09:26:16
GKI forecasts that after the recession of last year, a minimal GDP growth, barely better than stagnation, can be expected in 2013, followed by only around 1.3 per cent growth...
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The season of imported vegetable to be started
Date: 2013-10-31 11:55:50
The early morning colds have put an end to the season of field vegetables. The supply of imported vegetables is getting more abundant on the Budapest Wholesale Market, from the...
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The Dairy Product Board has developed a medium-term development concept
Date: 2013-10-31 11:35:34
The Dairy Interprofessional Organization and Product Board has developed a medium-term development concept for the 2014-2020 period – Lukács László executive director of the Product Board informed MTI. He said...
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KSH: foreign trade surplus grew in August
Date: 2013-10-31 11:32:39
The value of exports in August this year was 6.4 billion euros (1911 billion HUF), while the value of imports was 5.8 billion euros (1728 billion HUF). The trade surplus...
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European food price increases are slowing down
Date: 2013-10-31 11:25:27
Contrary to the expectations, the eurozone’s inflation continued to decline in October – Eurostat’s fresh datas show. Energy prices fell by 1.7 percent, while food, alcohol and tobacco product price...
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Two wines were awarded with the Piarist Wine of the Year title
Date: 2013-10-31 11:17:07
The winners of the Piarist Wine of the Year wine competition, announced by the Hungarian Province of the Piarist Order were awarded with the honorary degree on 29 October. The...
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Outstanding Aszú yields in Tokaj-Hegyalja
Date: 2013-10-31 11:13:37
Aszú yields can be outstanding in Tokaj-Hegyalja wine region this year, where harvest is still ongoing – Észak-Magyarország wrote on Wednesday. At least five thousand tons of Aszú is expected...
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The consumer confidence index increased to 45 points in Hungary
Date: 2013-10-30 11:45:44
According to the results of a survey conducted by Nielsen in the third quarter of this year, the consumer confidence index rose by four points to 45 points in Hungary,...
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The NAK proposes the VAT reduction of meat products in the first round
Date: 2013-10-30 11:40:18
The National Agricultural Economics Chamber (NAK) asks the Parliament to decrease VAT on the products of the participants of the agriculture and the food industry. In the food first round...
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Czerván György: excellent yields of crops harvested in the fall
Date: 2013-10-30 11:26:30
Despite the heat wave and the drought in July and August, according to the latest datas, the yields of crops harvested in the fall are quite excellent – Czerván György,...
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NGM : bona fide taxpayers will not be punished
Date: 2013-10-30 11:25:28
The Ministry of National Economy (NGM) is relatively calm about the withdrawal of the previously approved cash register’s sales license. They do not worry about public support, because it will...
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Cooperation agreement with the Russian Roseximbank
Date: 2013-10-30 11:25:22
The Magyar Export-Import Bank Zrt. (Eximbank) has initated a cooperation agreement with all three pillars of the Russian export subsidy scheme, theVnyesekonombank, Roseximbank and EXIAR, in order to facilitate investment...
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