Events

Farmers spent a lot on fertilizers

Because of the persistent rains and due to the inland water in several areas the farm work and the harvest is going slowly. For example in Békés county 5-7 percent...

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Nearly 200 exhibitors at WAMP’s Christmas Market

WAMP Christmas Fair is awaiting the guests with nearly 200 exhibitors with clothes prepared for Christmas, accessories, jewelry and user objects, as well as gastronomic products and plants waiting on...

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No shopping list

Comparing POPAI’s general (2012) and hypermarket (2014) shopping habit studies reveals that in the USA fewer consumers use shopping lists – this is especially true for large-floor space stores. Back...

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Is Amazon really about to open its first off-line store?

On 22 October Amazon will open its first off-line store in San Francisco’s Westfield shopping centre. The company announced that they would open several seasonal ‘pop-up stores’ around the USA,...

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Walmart: retreat or attack?

Walmart drastically reduces the planned number of large-floor space store openings in the USA: instead of the 120 opened this year only 60-70 Walmarts will open in 2015. The retail...

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Amendments: the Sunday store closure would not be applied in the Advent period

Two amendments submitted by the Fidesz would change the Christian Democratic’s bill on Sunday store closure at several points. The proposal would not affect the operation of the small family...

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The pálinka is popular among young people

Young Hungarians consume pálinka mostly on the occasion of social gatherings. The family events, house parties, friendly toasts are the most inspiring situations to consume the distillate – the research...

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The Santa Claus Factory would like to give presents to at least three hundred thousand children

The Christmas charity fundraising campaign called Santa Claus Factory would like to give presents to at least three hundred thousand children. The organzers of the campaign are waiting the offers...

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The common goal is to maintain health

The member companies of the Hungarian-French Chamber of Commerce and Industry (MFKI) came together for the sixth time to celebrate their initiative the Health Charter that was launched in 2008....

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The guiness record of apple eating has been broken

Hungarians broke the previous Guinness record for eating apples in Budapest. MTI Photos: Balazs Mohai At the Minden nap! (Every Day!) event more than one thousand people were eating apples...

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The price of buckwheat, eggs and vegetables increased the most in Russia

Consumer prices increased by 0.3 percent in Russia between 25 November and 1 December. The prices rose by 8.5 percent erom the beginning of the year until 1 December. In...

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EXIM representations opening all over Hungary

This autumn nine EXIM offices open in Hungary, in Győr, Nagykanizsa, Miskolc, Debrecen, Kecskemét, Pécs, Szeged, Székesfehérvár and Veszprém. The state-owned financial institution’s goal is provide financing and insurance schemes...

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Where are you going, world economy?

The world is afraid that the Fed will increase interest rates. In the Ukraine everything is the same. Europe is suffering because of the Russian sanctions. Europe’s flagship, the German...

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Vodka sales grew, pálinka sales dropped

Combined retail sales of the nine spirit categories amounted to more than HUF 40 billion in the December 2013-July 2014 period. Compared with the same period a year before, liqueur...

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The Christmas gift packages reached a nearly four billion HUF turnover at the end of 2013

The retail sales of Christmas gift packages containing medicinal products lotions, nonprescription medicines and health care products increased in value and in amount of in November and December last year,...

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The performance of agriculture has steadily expanded this year

The performance of agriculture has expanded this year even in spite of last year's high base. In 2013 the role of agriculture was determining in the economic growth, and this...

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KSH: the foreign trade surplus was 939 million euros in September

In September, the export value increased by 6.0 percent, while the value of imports increased by 5.5 percent compared to the same period of the previous year. The trade surplus...

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GFK: The fifth of the innovations becomes a successful mass-market product

Over the past three years, a total of 41 products and services won the “Product of the Year Award.” Most of the winners came from the fast moving consumer goods...

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How to be cautious when using the internet to buy for Christmas?

The popularity of online shopping is slowly but surely growing in Hungary. Most of these transactions are taking place during the Christmas shopping, due to the more and more appreciating...

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The average purchase price of corn and wheat decreased in November

In November, the Magro Grain Index (MGX) fell by 14 percent compared to the previous month. The inex that is showing the joint price movement of the Hungarian grains was...

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Better expectations after the summer worsening

In September the GKI-Erste economic sentiment index grew a little. Both consumer and business expectations improved a little. After a 3-month decline the industrial confidence index has been rising a...

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Hungarians consume 25 percent more pork in December

Hungarian people spend more on pork In December; instead of the usual 2 kilogrammes, they consume 25 percent more, approximately 2.5 kilograms per person – the Livestock and Meat Marketing...

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KSH: the detailed data also showed a GDP growth of 3.2 percent

The gross domestic product (GDP) was 3.2 percent higher than a year earlier in this year's third quarter. According to the seasonally and calendar adjusted data the GDP increased by...

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The confectionery market expects the same turnover as in 2013

The turnover of the Hungarian confectionery market last year was a little more than 180 billion HUF. The market players expect a similar amount this year is for the industry...

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The economic committee's proposals for tobacco retail act

In the future, the tobacco retail supplier can be selected by the relevant minister in three ways, the concession fee fows to thestate treasury – the the tobacco retail law’s...

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The consumer protection authority has started the Christmas controls

The consumer protection authority has started the controls associated with the Christmas season – Koszorús László, Deputy Minister of State of the Ministry of National Development (NFH), announced on Tuesday...

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An increase in retail sales in the EU

According to the Wednesday statement of Eurostat, the monthly retail sales grew by 0.7 percent in the European Union (EU) in October, after the 1.2 percent decrease of September. The...

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Chamber of Commerce and Industry: offensive behavior to keep the level of Russian exports

The Hungarian-Russian branch of the Hungarian Chamber of Commerce and Industry – MKIKI – suggests to the Hungarian government that with offensive behavior the level of exports to Russia can...

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Claessens Group-Agrár protects pigs with a lift

With support from the European Union, Claessens Group-Agrár Kft. invested HUF 2.3 billion in expanding its pig farm and stock in Kisbarátipuszta. Somogy County’s biggest livestock farmer spent HUF 1.7...

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The online cash machines have brought fifty billion HUF VAT

Roughly fifty billion HUF more VAT was received from those areas of trade, where black market trade was typical before – the Magyar Nemzet wrote. Pankucsi Zoltán, Deputy Minister of...

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