Events
Tea pavilions and a giant cup in Budapest
Date: 2009-12-03 08:00:00
The ambassador of tea, Stephen Twining visited Budapest on 7 November. From the second half of November, a Twinings car cruises the streets of Budapest to treat city dwellers with...
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Milk procurement price: dream and reality
Date: 2009-12-03 08:00:00
On Sunday evening 250 decision makers from the milk sector gathered to discuss how to cope with the market disturbances caused by over-production. Ake Hantoft, president of Arla told that...
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In terms of volume pálinka, in value bitters lead
Date: 2009-12-03 08:00:00
Spirit retail sales are stable in terms of value, surpassing HUF 73 billion in October 2008- September 2009, just like a year earlier. However, Nielsen registered a 5 percent decline...
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Shrinking real wages
Date: 2009-12-03 08:00:00
At enterprises employing a minimum of 5 people and at budgetary institutions, gross average wages were 1.3 percent higher and net average wages improved by 1.6 percent in the first...
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Fifth stop of the Balkan Express
Date: 2009-12-03 08:00:00
On 11-14 November, Agricultural Marketing Centre organised its 5th appearance in South East Europe, namely in Sofia. AMC participated in Interfood, the country’s biggest food event that comprises 6 trade...
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Shaken, not stirred
Date: 2009-12-03 08:00:00
After the increase in excise duty and VAT, spirit distributors spent most of 2009 with rethinking their price strategies. Although the number of spirit buyers is declining, the average price...
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Foreign trade balance improving
Date: 2009-12-03 08:00:00
In January-August 2009, the volume of foreign trade was 17 percent lower in export and 23 percent lower in import than one year earlier. KSH’s quick report also states that...
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Increasing public demand for cheap products
Date: 2009-12-03 00:03:55
According to the datas of GfK Hungária Market Research Institute; in the third quarter of 2009, the households purchased recommended daily products 1.3 percent lower than a year earlier. However,...
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Domestic food retail sales increased in value, decreased in volume in the third quarter
Date: 2009-12-03 00:03:42
According to Nielsen market research company; with Hungary food retail sales volume decresed in nine European countries in the third quarter, compared to last year’s July -September. In Hungary, the...
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We are facing a money saving Christmas
Date: 2009-12-02 00:07:07
The Christmas season in the United States starts each year, the Friday after Thanksgiving day. The Equilor Investment Ltd. examined how the Christmas shopping season can evolutate in Hungary and...
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Eurozone’s unemployment rate reached its 11-year peak
Date: 2009-12-02 00:05:11
In the Euro-zone, the seasonally-adjusted unemployment rate is currently 9.8 percent, stagnaiting on its 11-year peak level in October, after the September rate was modified from 9.7 percent to 9.8...
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GVH would pay tracking fee
Date: 2009-12-02 00:03:08
According to a law proposal; In the future 1 percent of the imposed fine, but not more than 50 million HUF would be given to the person who provides evidence...
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Traditional Viennese Christmas Fair
Date: 2009-12-02 00:01:59
The traditional Christmas fair started in Vienna, with the lightening of the 27-meter tall pine in front of City Hall. The Austrian Chamber of Commerce (WKÖ) is looking forward optimistic...
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Year-end mall handover rush
Date: 2009-12-02 00:01:25
While less shopping centers are handed over this year, than in the last year, at the end of the year, malls are handed over; one after the another in Europe....
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One giant leap in the Chinese credit card debt
Date: 2009-12-02 00:00:35
According to the report of the Chinese central bank; The over six months credit card debts more than doubled in the first three quarters of the year in China, compared...
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Five winemakers are in competition for the Winemaker of the Year title
Date: 2009-12-01 00:05:28
The Winemaker of the Year will be chosen this week, and will be named on Friday for the 19th time. The award was founded by the Seven Wine Judge Order...
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The number of dangerous products are growing due to the crisis
Date: 2009-12-01 00:04:51
Although there is no accurate measurement and assessment of the impact of the crisis, in the market of counterfeit products, the turnover of the non authentic products shows an increasing...
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Environment protection product fee: a lump sum, instead of the more complex solution
Date: 2009-12-01 00:03:01
From January agri-producers can pay their environment protection product fee, product registration, record keeping, reporting and payment obligations with lesser administration, as a lump sum – thanks to the legislative...
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Stagnating industrial producer prices
Date: 2009-12-01 00:02:15
According to the Central Statistical Office; The industrial producer prices have not changed, compared to the previous month or to a year earlier period in October. The Hungarian industry's sales...
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The THM-ceiling may be the end of quick loans
Date: 2009-12-01 00:01:25
Many people agree that now it is time to tighten the conditions of the Hungarian retail lendings, including consumer credits. One elements may be the much-debated introduction of the THM-ceiling....
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After one and a half year, the prices have increased in the EU again
Date: 2009-12-01 00:00:59
Inflation returned into the euro area in November: According to Eurostat's first estimations, published on Monday, consumer prices were 0.6 percent higher than a year earlier. This is the first...
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The Americans throw out 40 percent of the food
Date: 2009-12-01 00:00:54
According to an American survey; the nation's population throw 50 percent more food into the trasher than in 1974. An average 1400 calory food per capita is thrown into the...
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Germany can put an end to the monitoring of the staff
Date: 2009-12-01 00:00:15
According to press reports in Germany at several chains of stores, the illegal monitoring of workers is a “daily routine”. Among others the workers are being monitored in the stores...
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GKI: The foreign market demand and the EU support can help in recovery
Date: 2009-11-30 00:06:28
According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected. The...
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Marketing in Italian style: Olive oil and wine from the Riviera
Date: 2009-11-30 00:03:01
Hungarian, Czech, Polish, Danish and English buyers, and journalists from each country were invited by the chamber of commerce of Imperia province to the city of Imperia to the new...
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This year, Americans spent more on Black Friday
Date: 2009-11-30 00:01:01
Retail sales on Friday increased slightly, by half a percent in the United States, which is traditionally one of the busiest day of the Christmas shopping period. Retail sales showed...
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Different bargaining positions in the food industry
Date: 2009-11-30 00:00:50
The domestic food companies were not prepared for the EU's competition, the high charges, only further increase their vulnerability in competition – said Éder Tamás, President of the National Food...
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The deodorants and shower gels are the most popular
Date: 2009-11-27 00:04:59
According to Nielsen; decorative packaging toilet preparations and cosmetics are becoming more and more popular as Christmas gifts. More than 3 billion HUF worth of gifts were sold last year...
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ProWein trade fair: the German market is still important, although exports halved
Date: 2009-11-27 00:04:01
The following ProWein trade fair will be held in Düsseldorf, between 21 and 23 March 2010. 3100 exhibitors from 45 countries are expected, on the basis of of the preliminary...
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Hungarian corruption is far above the world average
Date: 2009-11-27 00:02:01
According to the assessment of PricewaterhouseCoopers (PwC); The most common type of abuse is corruption in the Hungarian business life. Its 81 percent incidence rate is much higher than in...
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