Events

Magazine: Economic insecurity rewrites the definition of luxury item

Forbes magazine published an article about the conquest of hiding luxury, which started in about 2008. Instead of showing off fashionable and very expensive brand names discretion prevails. At the...

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American optimism prevails

Despite continuing high unemployment and a persistently challenging economy, a majority of Americans say they are optimistic about 2012 both in terms of the country as a whole (62%) as...

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Cafeteria is still an important tool of motivation

losely related to employee satisfaction and morale, employee motivation may be considered both an action and a status. The action occurs when management takes steps to foster a work environment...

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Exhibitors and visitors are becoming more active

Trade fairs and exhibitions play a key role in strengthening trade relations with foreign markets. The importance of Russian and Asian events keeps growing but the leading trade fairs are...

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AKI: increase in agricultural producer prices

In Hungary, agricultural producer prices typically rose; the producer price of cereals and oilseeds, or the producer price of pork was significantly above the level of the same period of...

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Retail food sales edge up 4% in 2011

According to market research company Nielsen, retail food sales in Hungary rose 4% in value terms in the twelve months to last November from the previous twelve-month period. Sales of...

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Transfer-price business breakfast – an invitation

A brand new business breakfast is going to open its gates by PwC (PricewaterhouseCoopers Hungary Ltd.) on 26th January 2012, with a major focus on transfer-prices which had been introduced...

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Half billion HUF for the hungarikum related tasks

In the near future, the Cabinet rearranges about 500 million forints from to hungarikum related tasks – reports Magyar Nemzet. According to the newspaper the rearrangement is expected to be...

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The entertainment industry's revenue this year may rise over a thousand billion USD

According to the forecast of the CEA; the entertainment industry's revenues this year may rise over a thousand billion USD, due to the distribution of smart phones and tablet PCs....

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K&H Bank: a new department dealing with the financing of agriculture and food industry

The K&H is one of Hungary's leading financial institutions, and it is traditionally strong among the agricultural and related – primarily food – companies. This is proven by the fact...

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The global advertising market is growing despite the euro crisis

The Warc has modified its 2012 forecasts for the global advertising market. According to the company's experts; the sector will grow by 5.4 percent this year, this a 0.9 percentage...

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The two-thirds of the sites offering consumer loans are irregular

Only 30 percent of the 562 websites, that are offering consumer credit investigated by the national authorities are line with EU consumer protection rules – said the Competition Authority's website...

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Simply Mediterranean – Italian Catholic food industry focuses on domestic products

The first Catholic Italian food portal, the Simply Med offers less expensive and only domestic products, which aims to help to the crisis-stricken families and parishes as well as the...

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U.S. consumer credit loans on a decade high level

According to the datas publsihed by Fed; the U.S. consumer lendings in November increased by much more than expected by, 20.4 billion dollars, has not seen since November 2001. On...

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Magazine: Quality, health and reliable base materials are the appeal of Hungarian products

According to Ágnes Villányi, Nielsen’s commercial relations director six out of ten consumers find it important to buy Hungarian food products. One third of them told the main reason is...

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Uncertainties around the bill-hungaricum

The government bill on Hungarikum law aims major goals. But the bills has several problems. Neither the text of the proposal or the budget does not indicate the source of...

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Analysts continue to expect growth in trade surplus

Although the trade surplus of  666 million euros of November 2011 is expected to be smaller than the analysts’ expectations further surplus is expected in the trade balance. The Central...

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Unprecedented scale in shopping tourism near the border

Slovakian buyers are storming stores of Hungary; unprecedented scale occurred in shopping tourism near the border, because the forint / euro exchange rate was at a historical peak, even 320...

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NFH: there are many infringing sales presentations

The staff of the consumer protection authority were found out that the organizers of the presentations did not carry out their commercial activities in accordance with the law in 63...

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The winemakers of the Somló wine region urges for unity

The winemakers of the Somló wine region urges for the unity of the winemakers of the Somló wine region in Devecser on Monday. The hill judge of the mountain village...

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Community agricultural and wine marketing to be transformed

According to a government decision; the Community agricultural and wine marketing functions will be carried out by the Hungarian National Tourist Office, instead of the Agricultural Marketing Centre. “The contributions...

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The pig market started the year with a drop in prices

The end of the year brought price reductions for the European pork market, and this trend will continue this week – shows the analysis of Pick Szeged Zrt. The price...

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A new “brand” for Fejér county

The program called Fejér Product Program was launched last May, and has been increasingly successful ever since. The main purpose of the program is to attract manufacturers and growers of...

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Direct marketing is facing new challenges

Direct Marketing Association has 10 new numbers in 2011, with 5 more companies added, the service package of the association has been expanded, and the 2012 DM Sensor sector research...

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GfK: consumer sentiment continued to deteriorate

According to the research of the GfK market institute; consumer sentiment is worsening in Hungary. GfK’s complex consumer confidence index (FBI), decreased by 13 points to 117.5 points  in December...

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Industrial production continues to increase

According to the preliminary datas; the volume of industrial production rose by 3.5 percent in November 2011, compared to the same period of last year – reported the Central Statistical...

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In November, euro area’s retail declined

After the revised 0.1 percent monthly increase of October, euro area’s retail declined by 0.8 percent in November, contrary to the expected 0.4 percent forecasts – said the European Union's...

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COFIDIS: two million new loans last year, half of the population has credit debts

Almost three-quarters of the Hungarians, had a loan at once, and every second Hungarian has credit debts. The most common type of credit is housing loans. 38 percent of the...

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The product descriptions of the Hungarian wines are already in Brussels

The Ministry of Rural Development (VM) has submitted the wine product descriptions of national approval decisions to the European Commission, after Rural Development Minister Fazekas Sándor signed them – the...

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These could be the stars of the food industry in 2012

The food industry also has its fashion waves, like the dress industry. What will be the food fashion in 2012 and why? – asks divany.hu. The Huffington Post's article attempts...

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