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Both Hungary’s and the Euro Zone’s manufacturing industry expanded

Euro Zone’s manufacturing industry expanded further beyond expectations. The shrinkage began in September 2008 has stopped in Hungary. The Purchasing Manager Index expanded in January compared to the previous month....

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Online shopping is getting more and more popular

According to the “2009: Trends and attitudes” research of Gemius E-Commerce; Fourty percent of the Hungarian internet users are relatively experienced in online shopping. The research shows that almost all...

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German beer consumption decreases for years

The Germans consumed less beer in 2009, than a year before. According to the Federal Statistical Office; the sales of the domestic breweries and beer storages, decreased by 2.8 percent....

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The old payment system is adverse for animal breeders

Comparing the land based and the new SPS system, it is revealed, that the current system favors the plant growers working at smaller areas, while the new sytem would favor...

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We are dissatisfied with the climate programs

According to the new survey by Ipsos Global @dvisor, carried out on behalf of Reuters News; only 35 percent of the adult population of 23 countries (that gives 75 of...

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Consumer rush did not occur in the United States

Despite the fact, that the huge chains were bombing the customers with actions, in December, the U.S. households spent less, than expected. Only a 0.2 percent increase occured, in household...

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Charity Gala for Haiti

The hospitality profession mobilized itself in order to help to the victims of the earthquake. On the 17th of February, from 7pm Visitor and Hotel Magazine, the Hungarian Baptist Aid...

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Improvement in external debt, stagnant real wages

According to the forecast of GKI Economic Research Co. made with the cooperation of Erste Bank, Hungarian economy will stagnate in 2010, but the external balance will show assets. The...

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More and more managers are getting optimistic about the future

According to the Global CEO Survey of the PricewaterhouseCoopers; The CEOs left behind their fears, about the prolonged recession. The year earlier pessimism is replaced by trust in future growth....

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Consumer protection take care of pálinka

The National Pálinka Council and the National Consumer Protection Authority signed a cooperation agreement, in order to help quality pálinka consumption on Thursday in Budapest, in the Ministry of Agriculture...

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The annual turnover of cosmetics and household chemical products is 300 billion HUF

Last year, the retail turnover of the household products and cosmetics increased by 1 percent, compared to the previous year and is around 300 billion HUF. Nielsen market research company...

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More and more costumers buy abroad, due to VAT increase

Household consumption decreased, due to the increase of VAT rate from 20 percent to 25 percent it also “fattened” black economy, and weakened tourism – states the National Trade Association....

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A six-year record in the U.S. economy

According to the communication of the Ministry of Commerce; GDP grew by 5.7 percent, which is much higher result, than the 4.6 percent that the analysts expected. In the third...

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U.S. indices records

Manufacturing activity showed a revival in January. The Chicago purchasing manager index increased to 61.5 points from the 58.7 points of December reaching a level not seen for two years....

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Brau Beviale 2010: Industry celebration in Nuremberg

Brau Beviale will be held between 10th and 12th November 2010 in Nuremberg. Brau Beviale is the most important trade fair of the year, for the European beverage industry professionals,...

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Wincor Nixdorf presented new cash desk solutions

Fifty-nine IT managers of store chains and banks got acquainted with cost-effective and quick cash desk solutions, at the headquarters of the Wincor Nixdorf company in Paderborn, Germany at the...

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We are looking for the actions of the shops more consciously

According to the results of GfK Hungária’s Shopping Monitor 2009/2010 study; Consumers are getting more conscious. Nowadays the actions and promotions have prority status. The biggest interests are for the...

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This year there will be no SPS: We miss EU agricultural supports

Hungary announced to the union’s competencies, that Hungary will not adopt the farm-based agricultural support system, the SPS this year. The news was told the MTI by Gráf József Agriculture...

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International confectionery trade fair in Cologne

Five Hungarian companies will also offer their supply, at the Cologne International confectionery trade fair (ISM) opening on Sunday, with 1503 exhibitors from 66 countries. Eighty-two percent of the exhibitors...

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The 40th World Economic Forum opened in Davos

The 40th World Economic Forum opened on 27th of January in Davos, which is intended to focus on the creating of a saner world economy, a more responsible international banking...

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Winding ups and liquidations in all quantities

According to Creditreform Ltd.; the number of insolvency proceedings in 2009, exceeded 14,600 which is a 29 percent increase, compared to 2008. In the cases of winding ups, the growth...

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A growing number of consumer complaints

The Budapest Conciliation Board closed 1774 cases last year. This is nearly 400 more cases, than the 1398 cases of 2008 – said Baranovszky György the Chairman of the Board...

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The confidence restored

This year, businesses expect a positive change, since the K&H SME confidence index has risen to the value before the crisis, standing on -14 points. Last time the index value...

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EBRD expects a recession in Hungary for this year

Risks borne the recovery prospects of the Eastern European region – said the President of the European Bank for Reconstruction and Development (EBRD). who, believes there is a cause for...

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U.S. consumers are still confident

Conference Board's consumer confidence index, increased to 55.9 points in January, from the 53.6 points of December. The recent positive data is a surprise. Analysts expected only 53.5 points. The...

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Near seven billion USD traffic between Hungary and China

Hungarian export value increased by 4 percent, between Hungary and China. The two countries are getting more open towards each other. According to Chinese trade statistics; last year the traffic...

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Germany can redeem 50 billion worth of fuel

According to the experts of the German Federal renewable energy organization; Germany may be able to significantly perform beyond EU's directives of share in 2020 in the case of renewable...

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The retail on slope

According to the Central Statistical Office; the retail sales volume adjusted from calendary effects, decreased by 5 percent, in the first 11 months of 2009. In November, it was 7.8...

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Hungarian success at the Green Week

Hungary was the main guest and stood in the focus for ten days, on the world's leading agricultural and food trade fair, the Berlin Grüne Woche, ended on Sunday. The...

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Three exhibitions at one place

Hungary’s one and only exhibition of viticulture and winery technology offers an ideal opportunity for introduction in the rest period for the sector, before the beginning of the seasonal works....

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