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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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The Italians throw food out even during the crisis

Saving was the slogan during the holiday season in Italy, except for the food thrown out: 1.3 billion worth of food landed in trash in Italy. A total of 440...

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The Young Hungarian Winemakers of the Year

Bodri Orsolya, of the Bodri Winery of Szekszárd and Figula Mihály Jr. from the Figula Winery of Balatonfüred became the Young Hungarian Winemakers of the Year in 2011. The internet...

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Retail sales decreased in Germany

According to the datas of the Federal Statistical Office, contrary to the expectations, the retail sales fell in November in Germany. On monthly basis, on the basis of the calendary...

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Agricultural exports increased significantly

The value  of agricultural and food exports in the January-September period of last year was 4.988 billion euros, while the import value was 3.132 billion euros – informs the Agricultural...

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Online retail produced a turnover of 155 billion HUF last year

In the Hungarian retail sales only the dealers participating in the Internet trade could realize a significant increase in traffic in 2011 – shows the survey of the GKIeNET –...

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KSH: 42 thousand more people worked in September-November 2011 than a year before

The number of employees in September-November 2011 was 3 million 870 thousand, 42 thousand more than in the same period of last year – announced the Central Statistical Office (KSH)...

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Slovak shopping tourism accelerates

With the continuous weakening of the forint the shopping tourism restarted to Hungary. Each day thousands of Slovaks piurchases in the Hungarian stores. The Info radio reported that in the...

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The price of orange juice may increase further

The further strengthening of orange juice is expected on the commodity stock exchange, after the exchange rate rached its two months peak. The panic is mainly due to the experienced...

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Coface: The number of insolvency proceedings may increase dramatically

According to Coface Hungary: Year 2012 can be worse than last year for the Hungarian companies. While in 2011 the companies had to face only the economic crisis and its...

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Will food production be a “privilege”?

A new food safety bill provoked fierce disputes in New Zealand in which – some experts say – the local food production “will no longer be a human right but...

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