Events

Eurozone’s retail trade fell unexpectedly

Retail sales of the Eurozone showed a decrease unexpectedly in November. A fall occurred in both the food and non food products. The most pessimistic expectations were only about stagnation....

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Ipsos: consumers are optimistic in 2011

You can read the latest results of a recent Ipsos survey on the general mood of consumers here: New Years G@16[1]...

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Retail sales may accelerate this year

The Christmas season has confirmed the optimistic expectations of the traders. There were several among the big supermarket chains that reached two-digit growth during the Christmas season, but the number...

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GKI-Microsoft: improved competitiveness in Hungary

According to the joint survey of Microsoft and GKI Market Research Company; the Competitiveness Index (Vex) decreased in Romania in the third quarter of 2010 compared to the previous quarter....

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FAO: food prices breaking records

According to the datas of the UN Food Organization (FAO); the global index indicating the prices of food, increased to record heights. The driving force behind the price increase, is...

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One thousand farms were closed because of dioxin-contaminated egg

The European Union calls for Germany to provide detailed information in the case of the dioxin-contaminated eggs. The spokesman of John Dalli, who is EU Commissioner for Health and consumer...

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Obesity is a very expensive endemic

According to a December 2010 report; every second EU citizen is overweighted, 15 adult and 20 children out of hundred Hungarians are severely obese in Hungary, the obesity-related professional expenses...

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Investors do not trust in cheap fast food restaurants

The cheap fast food restaurants have bad times in the stock markets. Investors believe that due to the improving economy, the turnover of the fast food restaurants will decrease, so...

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New FMCG-related companies turned into top-taxpayers

There are twenty top-taxpayers in Kaposvár who have paid 854 million HUF local tax to the town this year, which is 100 million HUF more than last year. There are...

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Export can pull the Hungarian economy this year, domestic demand will also increase

All analysts agree that the growth of the Hungarian economy will accelerate this year. The forecasts expext 2.3 to 3.1 percent expansion. The majority believes that export can pull the...

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In 2009 SMEs received 22 billion HUF fresh capital

In 2009, 22 billion HUF flown into the SME sector. Only 1.6 billion HUF arrived from new investors, which is roughly the third of the ratio of the previous year....

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Minister Commissioner at the head of the Chamber of Agriculture

Fazekas Sándor Rural Development Minister appointed Zöld Sándor engineer-economist as Commissioner of the Chamber of Agriculture. Zöld Sándor will be in charge for the preparation of the Chambers of Agriculture...

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The middle class pulled the luxury industry out of the crisis

The luxury industry was able to recover faster than expected, and after the crisis-hit 2009, last year, the turnover increased by 15 percent ie. 1 billion euros, including the services...

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The ISM index expanded further, the world's largest economy is slowly recovering

The U.S. manufacturing purchasing manager's index, that indicates the performance of the manufacturing industry increased to 57 points in December, in line with expectations, from the 56.6 points of November....

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The consumer price growth in the euro area broke a two-year record last December

According to Tuesday's statement of Eurostat, the EU’s statistics office;  consumer prices rose by 2.2 percent in December 2010, compared to a year earlier. Recently such a pace was recorded...

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Product placement will be allowed in the British media from February

The Ofcom, which is the independent supervisory authority of the British media, allows the hints in the programs, that are paid by the producer of the product to the program's...

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Here are the funniest product-packages of 2010

Most people tend to make their puchased by judging the external qualities of the product, therefore packing and the message it sends is extremely important. Here are the most exciting...

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Saint John's Day wine-blessing is Esztergom

János or Saint John's Day is one of the most important Church-related celebrations of Hungarian winegrowers. This time a special Saint John's Day wine-blessing took place in Esztergom, on 27th...

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OKSZ expect increase in consumption for 2011

Overall, an increase in consumption is expected in trade in 2011 – told Vámos György, the Secretary-General of the National Trade Association (OKSZ) to MTI. According to him; several factors...

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Dairy farmers will have a hard time

Dairy farmers will receive their quota support in January, that is financed by the Hungarian budget and is 6 HUF per liter, which is almost a third lower than the...

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The German Minister of Economic Affairs criticized the special tax

The Süddeutsche Zeitung has published a report on the position of the German Minister of Economic Affairs on Monday. Rainer Brüderle criticized the Hungarian government because of the special tax...

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Seven new food-safety requirements in agriculture

Besides the existing statutory management requirements, seven new requirements need to be met starting from January this year, within the system of cross-compliance. These are mainly animal and plant health...

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The growth of the manufacturing industry slowed in December

In December, the seasonally adjusted value of the Purchasing Managers Index (BMI), became 52.9, which is 1.9 percentage points lower than the data of  November – announced the Hungarian Logistics,...

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We will not get away without price increases this year

Bread and meat are expected to be more expensive, while from May egg prices will increase also. Petrol may cost 5-6 percent more on an annual level. “Due to bad...

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In 2010 German employment broke all records

According to the German statistical office; The country never ever seen so large employment rate. The Average number of the working people was 40.37 million, which is a 197 thousand...

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More people click on Facebook than Google search already

Users in the U.S. no longer click the most on Google search engine, but click on Facebook’s community site – shows the web statisstics of Experian Hitwise. According to the...

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Sexy, naked girls promoting the joy of shopping – video!

Spanish clothing brand Desigual began its winter sales season in a truly original way that made people show up at its store in Madrid in nothing but their underwear. Under...

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Organic strawberries are more nutritious

cientists analyzed 31 chemical and biological soil properties, soil DNA, as well as the taste, nutrition and quality of three strawberry varieties on 13 organic farms and 13 chemical farms...

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Wanted man robbed a grocery store

Shortly after the warrant has been issued against a 33-year resident of Győr, the man took nearly 80 thousand HUF from the counter of a Székesfehérvár-based grocery store – MTI...

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Multinationals protest against the special taxes

Thirteen large European companies wrote a joint letter to the European Commission to protest and to demand penalties, due to additional taxation if the Hungarian government – writes the online...

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