Other
The dairy industry expect bankruptcies after a controversial year
Date: 2013-02-05 12:50:38
If theVAT rate of dairy products will not be reduced below 10 percent in time, than the dairies expect mass bankruptcies – Mélykúti Tibor, Co-Chairman of the Milk Marketing Board...
Read more
Fazekas Sándor: the target is to double the Hungarian pig population until 2017
Date: 2013-02-05 12:21:31
The Ministry of Agriculture would like to ensure that the Hungarian pig population will be doubled until 2017. In order to reach this goal, the ministry’s pig program provides a...
Read more
The Association of Local Currencies will be formed
Date: 2013-02-05 12:20:51
The issuers of regional vouchers the so-called local currencies will establish a professional organization – confirmed Perkovátz Tamás, the issuer of the first Hungarian local currency of Sopron to MTI...
Read more
A revival on the retail property market in Europe
Date: 2013-02-05 11:26:15
European retail property investment sales totaled 13.5 billion euros in the last quarter of 2012, compared to the average quarterly turnover of 9 billion euros of the recent years –...
Read more
Increased control to keep smoking ban in the second week of February
Date: 2013-02-05 11:10:15
Increased controls will be carried out again during the second week of February at entertainment and hospitality areas in compliance with the law on the protection of non-smokers – the...
Read more
The share of local products increased to 10-12 percent in food distribution
Date: 2013-02-04 13:00:37
The distribution of local food production has increased to about 10 to 12 percent, while the internal sales of Hungarian food products increased from 70 to 75 percent – Fazekas...
Read more
Alcohol, coffee and newspapers in the tobacco shops
Date: 2013-02-04 12:35:12
The National Tobacco Shops can sell alcoholic drinks, energy drinks, coffee, mineral water, as well as soft drinks and newspapers and may start as early as May. The government would...
Read more
Hungary is on the 26th place on the innovation list
Date: 2013-02-04 12:15:18
Hungary is the 26th on Bloomberg’s innovation list. The United States leads the list, followed by South Korea, Germany, Finland and Sweden. Im terms of R&D intensity (R&D spendings in...
Read more
Euro area annual inflation down to 2.0%
Date: 2013-02-04 12:14:02
Euro area annual inflation is expected to be 2.0% in January 2013, down from 2.2% in December 20123, according to a flash estimate4 from Eurostat, the statistical office of the...
Read more
Regular fair of farm products started in Szeged
Date: 2013-02-04 11:43:36
Farmers of Csongrád county offer their quality food products from Monday twice a week in the great hall in the Mars-square market in Szeged. the valuable products of the farmers...
Read more
The value of mergers and acquisitions decreased in Hungary last year
Date: 2013-02-04 11:42:36
The value of Hungarian corporate mergers and acquisitions (M&A) decreased by 69 percent last year to an estimated 550 million USD – Dezse Margaret, managing partner of Ernst and Young...
Read more
15 million pizzas consumed in the U.S. during the Super Bowl
Date: 2013-02-04 11:20:39
More than 15 million pizzas and more than one billion chicken wings will be consumed during the Super Bowl. An average ticket costs one and a half million HUF into...
Read more
The trade balance may improve if exports starts to grow
Date: 2013-02-01 12:00:26
Due to the decline in domestic demand, import growth is expected to remain below the growth of export. Export in favorable conditions can recover for the end of the year,...
Read more
The domestic manufacturing industry starts the year well
Date: 2013-02-01 11:57:13
In January, the output of the manufacturing industry has increased the most significantly in Hungary, in the Central and Eastern European region and in contrast with the euro zone the...
Read more
The online advertising market has increased further
Date: 2013-02-01 11:56:12
In the last quarter of 2012 the positive trend in the domestic online and mobile advertising market has continued. The advertising revenue of companies in the IAB NORI index achieved...
Read more
The U.S. Ambassador gave recognition to the Hungarian Food Bank Association
Date: 2013-02-01 11:00:13
Eleni Tsakopoulos Kounalakis U.S. Ambassador awarded the Hungarian Food Bank Association with Active Citizenship diploma in Budapest on Thursday, recognizing the organization's food donations collection and distribution and the support...
Read more
Seventy percent of the agricultural production is bought by the domestic food industry
Date: 2013-01-31 12:53:35
Seventy percent of the agricultural production in Hungary is purchased by the Hungarian food industry – Fazekas Sándor Rural Development Minister said on Wednesday in Budapest, at a meeting organized...
Read more
Solid price drop on the cereal market
Date: 2013-01-31 12:37:31
The declining price trend in world grain trade continues. Good news arived from the Hungarian fields. According to the agrometeorologists, the ground’s water supplies are rapidly growing after a long...
Read more
PwC: Family business survey
Date: 2013-01-31 12:09:32
Two thirds of family firms around the world have grown their sales in 2011, and even more are confident that their ambitious growth targets for the next five years will...
Read more
The Nébih has banned the distribution of foods and pesticides from the Far East
Date: 2013-01-31 12:01:00
The National Food Chain Safety Office (Nébih) banned the distribution of 5000 kilograms of food from the Far East, as well as 72,000 liters of pesticides – the agency told...
Read more
Atradius: Late payments and non-payments in the corporate sector increased worldwide
Date: 2013-01-31 12:00:02
The survey of Atradius Collections, carried out in 29 countries, with the involvement of 6000 companies, shows that despite the dangerous trends, only 30 percent of the companies were using...
Read more
DHL: Success lies in international possibilities
Date: 2013-01-30 13:46:54
In an exacting economic environment, small and medium sized enterprises (SMEs) have been presented with a challenge. A challenge to grow and increase the profitability of their businesses against a...
Read more
The retail sales of household chemicals and cosmetics increased by 2 percent in value and decreased by four percent in volume
Date: 2013-01-30 13:24:23
Retail sales of household chemicals and cosmetics in 2012 amounted to about 313 billion HUF in revenues, 2 percent more than the year before. In terms of volume, turnover fell...
Read more
GfK: a further reduction in the number of magazines that draw attention to discounts
Date: 2013-01-30 12:25:48
According to the datas of the GfK Hungária Leaflet Monitor, the number of magazines that draw attention to discounts continued to decline, in the largest extent among discount retailers. The...
Read more
Retailplaza webstore – where speed and convenience are cheaper!
Date: 2013-01-30 12:22:27
The Retailplaza, a store that is specialized for consumables has been opened. You can order quickly and easy from thewebstore, in addition the consumables are delivered home on a great...
Read more
FEOSZ: media campaign on consumer rights
Date: 2013-01-30 11:55:59
The National Federation of Consumer Associations (FEOSZ) launches an information campaign on consumer rights from the end of January – the organization stated. From 30 January 2013, FEOSZ with its...
Read more
Horsemeat row: Offcuts in burgers came from Poland, says FSA
Date: 2013-01-30 10:52:22
Food standards authorities in the Irish Republic are certain that horsemeat found in beefburgers came from Poland, the UK Food Standards Agency has said. FSA boss Catherine Brown told the...
Read more
The Germans are willing to buy more
Date: 2013-01-29 11:11:00
The German consumer willingness seems to be revived, after the weakness of Europe's largest economy will soon to be ended – N24.German news television reported. The consumer willingnes index increased...
Read more
DHL Global Connectedness Index is out
Date: 2013-01-29 09:16:45
The DHL Global Connectedness Index ranks 125 countries according to the depth and breadth of their integration into the world economy and also examines the relationship between global connectedness and...
Read more
Takarékbank: the demand of SMEs can increase towards short-term sources
Date: 2013-01-28 12:29:23
Bank lendings of the small and medium enterprises can increase in the first half of this year. Significant demand can occur towards application sources and short-term loans as well –...
Read more