Events

Hong Kong interested in Hungarian wine regions

Businessmen of the Hong Kong Food and wine industry will visit the most important wine-growing areas of Hungary between 10 and 13 June 2009 seeking for new business opportunities. The...

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Help arrived to the food industry

Bank Guarantee Program has started, providing assistance for the food companies. The enterprises in difficult situations can access working capital loans with the assistance of the Hungarian Development Bank. Hungarian...

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Barcs fair for the thirteenth time

Barcs International Food Fair and Trade will took between 5 and 7 June for the thirteenth time this year. Barcs which is often mentioned as the capitol of Drava locates...

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Anuga – the world's largest food fair

Fourty-five Hungarian food production companies will take part on the world's largest professional food fair the Cologne-based Anuga. Six thousand exhibitors are expected for the event which will be held...

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The payment moral is getting worse even on Hungarian export markets

The European companies assessed less positive the payment patterns of their partners in 2009 then in the summer of 2008, and they also received a negative assessment from their international...

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Eurozone's economy decreased

In the first three months of 2009 the consumption and the exports has reached the worst decrease since 1995. The GDP of the Eurozone has been decreased by 2.5 percent...

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Milk from the producer

The dairy producing businesses are trying to get more income in the next few years with the increase of direct milk consumption – reports Világgazdaság Online the statement of the...

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Czech Republic claims over a new farm support system

The three day meeting of Agriculture Ministers of the EU was held in Brno, Czech Republic. Prague argued the current system of EU subsidies. The dispute resolution questioned the justification...

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Increasing food exports to Romania

Last year, Romania became the 2nd largest receiver of Hungarian food export. Romania is a 20 million market in the neighborhood. The purchasing power of its population increased, but its...

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Improvement in the corporate atmosphere

Ecostat 's prosperity indexes improved in the past three months among the TOP-100 companies and among the medium-sized enterprises too. Ecostat 's TOP-100 prosperity index of large enterprises increased by...

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The courses of the Hungarian Marketing Association ended with great success

The Hungarian Marketing Association (MMSZ) held a a series of events with the support of the National Development and Ministry of Economy for the domestic small and medium size enterpise...

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The Hungarian Purchasing Manager index increased

The market is dominated by the positive news nowadays so it is not surprising that the Hungarian purchasing manager index joined the large team of indexes with optimistic vision. Following...

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Food prices are falling since last year's peak

Food prices decreased 2.2 percent globally, since the beginning of 2008. According to the food price index of Economist, prices decreased by 25 percent since the peak last July globally....

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It is time for barbecues

The barbecue season is coming, when the domestic retail trade transacts the bulk of its turnover with special sausages and spices. About 1.3 billion HUF grilled sausage has been sold...

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Drought package from the Chamber of Agriculture

The Hungarian Chamber of Agriculture in order to reduce losses caused by the drought, has submitted proposals to the Agriculture Minister. According to the views of the organisation, the developed...

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Descending pessimism in the U.S. manufacturing industry, increasing savings

In April, the U.S. household savings willingness increased, in May, the value of ISM Institute's purchasing managers index of manufacturing increased from 40.1 points to 42.8 points. The ISM index...

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The crisis in the European manufacturing industry is softening

Eurozone's manufacturing purchasing managers index in rose from April's 36.8 points to 40.7 points in May, slightly above the preliminary estimates. Increasing is indicated by the value over 50 points,...

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Descending beer consumption in the last two years

The economic crisis has reached the Hungarian brewing industry, the total sales of the brewers decresed by 7 percent compared to the results of previous year. According to the informations...

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The number of late loan repayers has been significantly increased

At the end of March 24 thousand companies had their credibility in late, compared to the same period of last year's , 18 thousand – reports MTI. The rate of...

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Marketing against the crisis

Not only the big but also the small and medium-sized companies are also interested in building out and developing its own customer database. The widely used marketing tools can extend...

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Thee decline in the Hungarian food retail market has been stopped

According to Nielsen market research company's analysis of twenty European countries, the Hungarian food retail sales volume of goods remained stable in the first quarter of the year compared to...

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The Hungarian economy has been increased in May

According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...

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No need to re-authorize the cash registers

The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...

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Dry weather is bad for agriculture

Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...

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Consumer confidence in the United States is improving

The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...

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Save and invest rather than taking up loans

The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...

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Bank guarantee program to help food processors

The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...

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One of the big loser of the crisis is the meat industry

According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...

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Decreasing prices at Slovakian retailers

After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...

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Good news from France: In April private consumption has been increased

Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...

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