Events

Erste Faktor improves its market position

Although in the first quarter the factoring market contracted, Erste Faktor Zrt. managed to expand significantly (by 40 percent in the second quarter; in the same period the market contracted...

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The brake still holds back the industry

In July 2009, industrial production fell by 19.4 percent, compared to the same period a year earlier. KSH’s report states that the volume of production was 22.1 percent lower in...

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New advertising code of ethics entered into force

The new Hungarian Advertising Code of Ethics was signed by 26 professional organisations and entered into force on 30 September 2009. It is based on the Code of Ethics of...

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CIB Faktor provides additional services

In the first six months of 2009, factoring turnover at CIB Faktor increased by 16 percent, compared to the same period last year, while the Hungarian factoring market contracted by...

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Purchasing power highest in Csopak

Csopak dwellers may spend the most, while purchasing power is lowest in Tiszabő (Jász-Nagykun-Szolnok county), according to a study by GfK Hungária. In the county ranking (including Budapest) Budapest is...

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European Day of Commerce for the fifth time

This year, on 3rd November, the European Day of Commerce will be held, by the National Association of Entrepreneurs and Employers. The main message of the event is to focus...

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Panorama on the Christmas commercial credit market

The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans...

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The number of conferences halved in the first part of 2009

According to the compilation of the Hungarian Convention Bureau; during the first half of this year, 118 international conferences were held in Hungary. This is a 51 percent decline, compared...

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Bankruptcy wave before peak

According to the latest analysis of Coface Hungary; the insolvency ratio of the firms increased by 36 percent in the first nine months of this year, compared to the same...

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Does not involve consideration to the webshop in case of waiver clause

The union court stated: In the cases of Internet orders, if the buyer cancels, one should not pay fee for the usage to the seller, despite one used the product...

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Consumer confidence fell in Germany

According to GfK market research institute; contrary to the expectations, consumer confidence has deteriorated in Germany,: November’s sentiment index decreased by 4.0 point from the previous 4.2 points. The analysts...

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Coffee is good for the liver

According to the analysis of the American Cancer Institute (NCI) the daily consumption of coffee, has beneficial effect on liver function. Those chronic hepatitis C patients who drink three or...

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Quality complaints against dairy products

All produced and marketed milk of Fresh Food Ltd. before 21st October will be recalled, because it does not meet the required composition – stated the Agricultural Office Authorization. The...

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Trade: sloping down

According to the datas of the Central Statistical Office; retail sales decreased in the August of 2009 by 8.5 percent, compared to the same month of 2008. At foods 7...

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The economic expectations are improving for six months

The seasonally adjusted value of the GKI economy index increases for six months now, after nearly half-year fall. The improvement is, however, slower than the deterioration was, so it is...

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Italian investment is expected in the Hungarian food industry

The Hungarian investment promotion agency is negotiating with several Italian companies, over investment opportunities, in the areas of food processing and alternative energy – said Spányik Péter leading external diplomat...

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Selling glasses and concert tickets in hypermarkets

British hypermarket chain, the Asda will open optical desks in 84 stores in Britain. The strong retail chains are selling quite different products differ from their profile, more often. Asda...

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EU protection for the Hungarian horse-radish

The European Commission declared protected and added Hajdúsági horse-radish to the narrow range of protected products of the European Union. According to the communication of the EU, Government, the Hungarian...

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Hungarian wines in Milan

For the first time in Italy, the Hungarian Investment and Trade Development Agency (ITD Hungary) organised an autonomous Hungarian wine presentation. The Milan event aims to promote the wines of...

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GfK – nine-tenths of the population agrees with the proposal of MNB

According to GfK Hungária; eighty-nine percent of the population agrees with the proposal of the Hungarian National Bank (MNB) that greater caution and responsibility is necessary to provide a loan....

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Decrease in real wages and in the number of employees

According to the Central Statistical Office; The gross average earnings in the first eight months of 2009 decreased by 1.3 percent, the net average earnings by 1.6 percent, compared to...

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Online advertising forges ahead

Online advertising market, is slowly starting to recover after a downturn, while the print and electronic media will continue to ail. According to industry analysts; virtually only the Internet advertising...

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Nyugati Square McDonald's received a silver medal

Askmen.com internet men magazine has elected the world's 10 most beautiful McDonald's restaurants. According to the U.S. site, which has a monthly 7 million visitors, the Nyugati Square McDonald's is...

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Cafeteria can remain despite the tax

On the basis of a feedback from the OTP health insurance, the majority of the firms in 2010 would use the fringe benefits systems. From January of 2010, 25 percent...

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We are only talking about the healthy lifestyle

According to GfK LHS HealthCare population survey of 2009 and GfK Hungária's 2009 study of eating habits, people are interested in health-related news and knowledge, but they accept only those...

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The number of those who buys food on the web doubled since last year

According to the joint survey of KutatóCentrum and Mai Piac; compared to 2008, the number of those who buys food on the Internet has doubled, but the virtual trading of...

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According to MAGOSZ; family farmers may go bankrupt

Many family farmers drifted to the border of financial impossibility and can not even repay their loans – said Jakab István President of Magosz on a press conference in Budapest....

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Hungary is 43rd in the Human development index rankings

The human development index (HDI), is an index, measuring a broader well-being, than GDP, because it consist living indicators in addition to expressing the value of life expectancy through public...

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U.S.A. may impose safeguard duties against China, due to carbon dioxide emissions

China may lose its largest market in the future, if China will not do anything against pollution. The U.S. may impose safeguard duties on Chinese products if the Asian country...

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EU can allow GM maize

The European Union agriculture ministers of the member countries reached no agreement about allowing the three GM maize to the EU markets- said Gráf József Minister of Agriculture, after the...

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