Events
Consumers would also benefit from the 17 percent meat VAT reduction
Date: 2013-09-03 12:42:25
The farmers and the food industry trade associations have long been trying to reach to reduce the VAT on meet products that is the highest in Europe. Due to the...
Read more
Six million tons of corn crop is expected this year
Date: 2013-09-03 12:38:49
Although corn crop will be smaller than expected this year; about 6 million tons, price increases are not expected – the Deputy Director of the Agricultural Research Institute told MTI...
Read more
Seven hundred marching at the harvest of Badacsony
Date: 2013-09-03 11:00:56
About seven hundred participants will take place at this year’s Badacsonyi harvest parade. The spectacular crowd will march between Badacsonytomaj to Badacsony. The three-day-long series of events will begin on...
Read more
The NAV found counterfeit washing gels in a value of more than fifteen million HUF
Date: 2013-09-03 10:58:00
The finance guards of NAV seized counterfeit washing gels from a truck on the M5 motorway in a value of more than fifteen million HUF – the National Tax and...
Read more
Agriculture can help the GDP in 2013
Date: 2013-09-02 12:25:34
According to the forecast of the GKI Economic Research Co. after the decline in 2012 and in the first half of 2013 the GDP will increase by about a half...
Read more
The expansion of investments in the second quarter surprised the analysts
Date: 2013-09-02 12:20:02
Analysts surveyed by MTI on Friday considered the expansion of investments in the second quarter as a surprise, while the Ministry of National Economy (NGM) pointed out that this is...
Read more
KSH: trade surplus amounted to 581 million euros in June
Date: 2013-09-02 11:32:59
In June 2013 the value of exports was 6.7 billion euros (1978 billion HUF) and the value of imports was 6.1 billion euros (1805 billion HUF). The foreign trade balance...
Read more
Foie Gras Festival again
Date: 2013-09-02 11:30:13
The 5th Foie Gras Festival will raise the awareness of its visitors on the differences between geese and ducks liver – the organizers informed MTI. The National Food Chain Safety...
Read more
A new application was announced on pálinka trademarks
Date: 2013-09-02 11:27:21
From the beginning of September, one can apply for pálinka trademarks again. The samples can be submitted between the 20 and 30 September at the Wessling Hungary Kft. that will...
Read more
Pezsgő Világ: Festival of Classic Champagnes in Budapest
Date: 2013-09-02 11:20:19
The guest lecturers of the III. Pezsgő Világ Fesztivál (3rd Champagne World Festival) will present the heritage of the Blanquette de Limoux, which was the first bottle-fermented French Champagne, while...
Read more
Hungarian economy has still been frozen even after a hot summer
Date: 2013-09-02 10:17:18
GKI Economic Research Co. forecasts that GDP is expected to grow by around 0.5 per cent in the second half of 2013, following its decline last year and in the...
Read more
Dynamic expansion in the electric toothbrush market
Date: 2013-09-01 22:15:34
Toothbrush retail sales are above HUF 3 billion a year and in the first four months of 2013 both value and volume sales grew by 4 percent. Electric toothbrush sales...
Read more
Above-average sales growth in both value and volume
Date: 2013-09-01 22:11:01
Mouthwash sales go beyond HUF 3 billion per annum and growth in the category is bigger than the average. In the first four months of the year both value and...
Read more
Strong manufacturer brands among toothpastes
Date: 2013-09-01 22:06:42
The annual toothpaste market’s value is HUF 12 billion. This January-April retail sales augmented by 3 percent but volume sales dropped 1 percent. Hypermarkets were responsible for 33 percent of...
Read more
Growing number of consumers want their toothpaste to have therapeutic effects
Date: 2013-09-01 21:59:30
Modern oral care involves more and more products in addition to the traditional toothbrush and toothpaste. Anita Boros, Procter & Gamble’s PR manager told our magazine that they put a...
Read more
Recession did preserve
Date: 2013-09-01 21:54:41
f we analyse the structural trends of the recent past, we can see that the lower price category increased its weight, sales shifted in the direction of private label products,...
Read more
Manufacturer brands increased their market share
Date: 2013-09-01 21:51:03
Fruit juice is the seventh biggest (in value) from the 90 grocery categories audited by Nielsen. Annual sales are worth between HUF 38 and 40 billion. In the December 2012-May...
Read more
Salami’s market share rose
Date: 2013-09-01 21:35:32
Salami retail sales rose by 8 percent this January-March from the base period twelve months before and surpassed HUF 8 billion. On the contrary, the Nielsen Retail Index registered minus...
Read more
Forward to the past
Date: 2013-09-01 21:29:08
The salami and sausage market has been contracting for years: data courtesy of Pick Szeged Zrt. show that between 2008 and 2012 volume sales declined by 15.5 percent, while value...
Read more
No change in grocery value sales in the last six months
Date: 2013-09-01 21:24:39
Retail’s revenue from grocery sales didn’t change in the 90 categories audited by Nielsen in the last six months if compared with the base period twelve months earlier. In December...
Read more
The summer stopped the rise of the GKI-ERSTE economic sentiment index
Date: 2013-09-01 21:14:05
After the growth in May and June, in July the GKI-Erste economic sentiment index stopped climbing. Industrial expectations worsened a bit, but the confidence index improved a little in retail...
Read more
Sanitary pad sales developed most favourably
Date: 2013-09-01 12:22:52
Annual sanitary pad sales approach HUF 6 billion per year. Retail sales increased by 4 percent in value and by 2 percent in volume in the first four months of...
Read more
After improvement came decline in the consumer confidence index
Date: 2013-09-01 11:27:20
After the considerable improvement in the first quarter Nielsen’s consumer confidence index for Hungary declined a little, from 43 to 41 points in the second quarter. About the three components...
Read more
The most patriotic brands
Date: 2013-09-01 10:39:18
Research consultancy firm Brand Keys (New York, USA) conducted a survey with 4,500 participants to find out which brands are considered the most patriotic by US consumers. The top ten...
Read more
KSH: increasing investments in the second quarter
Date: 2013-08-30 12:50:38
The volume of investments in the second quarter of 2013 increased by 4.6 percent, compared to the same period of the last year – the Central Statistics Office (KSH) announced...
Read more
NGM: One can choose among thirteen approved cash registers
Date: 2013-08-30 12:25:00
The Hungarian Trade Licensing Office gave market authorization licence to another two cash registers on Friday. So those who are obliged to buy new cash registers can choose among thirteen...
Read more
The tobacco shop law may be changed
Date: 2013-08-30 12:15:49
A change may occur in the tobacco law – the Magyar Hírlap heard it from unnamed government sources. In order to protect young people under age 18, the tobacco shops...
Read more
VM-Minister of State: venison may be included in public catering
Date: 2013-08-30 11:02:50
Annually 12 thousand tons of venison is marketed in Hungary. To stimulate demand the ministry is examining the possibility of the involvement of venison in public catering – Kardeván Endre...
Read more
The 18th Hungarian Wine Route Rally has started on Friday morning
Date: 2013-08-30 10:59:43
The 18th Hungarian Wine Route Rally has started on Friday morning from the City Park of Budapest. The participants of the three day rally will visit 14 wineries and one...
Read more
Chicken Stew Festival in Siklós
Date: 2013-08-30 10:54:30
At one time, chicken stew will be prepared at about eighty cookers on Saturday in Siklós. At least three thousand visitors are expected for the event. Hirdi Attila main organizers...
Read more