Events

Polish VAT will be 23 percent

The Polish government plans to raise VAT by 1 percentage point to 23 percent from 2011 for three years. Prime Minister Donald Tusk, expects an annual 1.8 billion euros additional...

Read more

Mineral water is the winner of the changing drinks market

According to the analysis of Equilor Investment Co.; The world’s drinks market is transforming: consumers are looking for healthier products each year, which mainly benefits the mineral water producers. From...

Read more

Nielsen tested Internet drug orders in 55 countries

According to the online survey of the Nielsen market research company made in 55 countries, including Hungary; Among Hungarian customers, the web orientation after drugs and medicinal products plays a...

Read more

The OKSZ does not understand the protest of the union

The National Trade Association (OKSZ) is surprised, that the Independent Trade Union of Commerce Workers objects the salaries of cashiers working in commercial areas. The union complains that the cashiers...

Read more

GfK: fruit juices and soft drinks market decreases

According to the datas of GfK Hungária; In the first third of 2010 the non-alcoholic cold drinks purchases of the Hungarian households declined. We purchase less from both fruit juices...

Read more

1000 billion to the SMEs until 2014

According to Minister Fellegi Tamás; the Government's aim with the Széchenyi Plan is to send the national and EU combined resources to the small and medium-sized enterprises (SMEs) rapidly and...

Read more

Unemployment rate decreased, compared to the first quarter

The unemployment rate in the second quarter of 2010 was 11.1 percent. This is 0.7 percentage points lower, compared to the previous quarter, but 1.5 percentage points higher than a...

Read more

Slovak shopping tourism to restart

With the deterioration of the forint, the Slovakian buyers returned to the Hungarian stores. According to Új Szó, Slovakia's Hungarian newspaper; mainly fruit, vegetables, building materials and clothing are purchased...

Read more

U.S. consumer confidence decreased

The U.S. consumer confidence index in July decreased to a level has not seen since February, mainly because of the concerns for the labor market. The index decreased to 50.4...

Read more

Contrary trends in the Hungarian economy

According to the summary of the Central Statistical Office (KSH); two opposite processes took place in the Hungarian economy in the first five months of the year: while industrial production...

Read more

Ice cream distributors do not expect much from this year

According to the traders; ice cream consumption is reducing: this year's hot days may broke a record, but on an average annual consumption, it is conceivable that less ice cream...

Read more

The European Union dislikes the free pálinka distillation

Several European Union bodies objected against the rule mitigation of the pálinka distillation in Hungary – said Piros László, Vice-President of the National Pálinka Council (PNT). According to Piros, it...

Read more

Fewer loans are channeled to firms

According to the datas of the European Central Bank; the size of loans granted to European firms decreased by 1.9 percent in June. With the exception of the banks and...

Read more

The chips before big price increase

Chips are indispensable accessories of house parties, watching films. German specialists predict a high jump in the price of chips. The price of chips may increase, due to the drought...

Read more

Russia once again accepts the American poultry

The U.S. Department of Agriculture, after a seven-month ban on poultry exports, allow the poultry exports to Russia, which was previously the largest outlet of this American product. Russia originally...

Read more

The downturn of retail continues

The retail sales volume – adjusted from the calendar effects – in the first five months of this year – also in May – both decreased by 4.7 percent, compared...

Read more

The Company managers are fearing from newer recession

According to the survey of Economist Intelligence Unit (EIU); One-third of the surveyed 680 executives marked the newer recession as the main concern of the next half year. Fearing from...

Read more

Secondary controls

The secondary conrols of food put undue administrative burden on the food distributors and it is doubtful whether its reaches its goal – say several food distributors to MTI. "It...

Read more

The luxury brands are expanding

The luxury brands were the most active last year on the global retail market. According to the survey of CB Richard Ellis; the luxury brands expanded the most in the...

Read more

Hungarian companies with Slovak head office may return to Hungary

With the extension of the 10 percent corporate tax, the domestic business environment will improve. Thus, it is not impossible that the Slovakian companies will choose Hungary – said Dávid...

Read more

Improving business, deteriorating consumer expectations

In July, the seasonally adjusted value of GKI’s economic activity index remained unchanged The value of the GKI consumer confidence index increased sharply after the low point of April 2009...

Read more

The climate protection would bring economic recovery

The EU's ambitious climate protection objectives may result in new jobs and green economic recovery. According to the climate report of the European Commission; the reduction of greenhouse gases would...

Read more

Flour is getting more expensive

Due to the heat, flour and feed prices increased in the recent weeks, but bread prices are expected to remain the same, due to the unchanged energy and labor costs....

Read more

Commercial chains to conqer Croatia

A dozen of international trade supply chain will open stores in Croatia in the near future, some brands overtook other European countries with their appearance. According to Croatian press reports;...

Read more

Credit cards shine in their past light

Credit card owners, after the end of the crisis pay their debts more precisely and also spend more, which can already be seen in the profits of the world's largest...

Read more

Euro area’s industrial orders show great optimism

The largest increase of the last ten years occured in Euro area’s industrial orders, this May. The Eurostat – the EU's statistical office – published its datas over the euro...

Read more

Eco-innovation project for SMEs

The Small and Medium Enterprises can submit their applications until the 9th of September for the European Union's Eco-innovation competition – states the Ministry of National Economy (NGM). The European...

Read more

Lack of capital all around the world

The foreign capital investments, after the 15 percent decline of 2008, last year decreased by 40 percent worldwide – said Simai Mihály Professor of MTA’s Institute for World Economics. He...

Read more

Smaller traffic – less fake

Due to the decline in international trade, less counterfeit goods were marketed in the European Union. According to the communication of Brussels, the volume of counterfeit goods declined by one...

Read more

No pardon for poor food distributors

The legislation over secondary food inspection entered into force on the 21st of July, which aims to prevent the distribution of poor quality food into the domestic market – told...

Read more
Oldal