Consumption and and consumer confidence are still weak

Consumption and and consumer confidence are still weak
Date: 2011-06-24 13:42:54

The retail sales are below the expectations, that can be threat on the growth prospects of the Hungarian economy – says Suppan Gergely senior analyst of TakarékBank. Retail sales were...

EU food labeling: nutrient composition will be indicated on prepackaged food
Date: 2011-06-24 13:15:19

The Member States supported the compromise on food labeling, which was created between the Hungarian presidency and the European Parliament (EP) – states the Ministry of Rural Development (VM). The...

The sugar delivered from the state stocks will be 275 HUF per kilogrammes
Date: 2011-06-24 13:12:43

A decision was made several weeks ago, that the two thousand tons of sugar, from the state stocks will soon be marketed. 1000-1000 tons will be marketed in the stores...

The IDEA draw conclusions on sales decrease of chips and soft drinks from American experiences
Date: 2011-06-24 13:11:05

The Institute for Democratic Alternative (IDEA), analyzed the possible scenarios of the introduction of the public health product regulation. The Government intends that the revenues from the new tax would...

The G20 will fight for the stability of food prices with a joint database
Date: 2011-06-24 13:10:27

The 20 most advanced economies creates a common database, in which they will inform each other on agriculture, food production, consumption and inventory datas. At the same time, they agreed...

Almost half of the shopliftings are committed by a criminal organizations
Date: 2011-06-24 13:00:48

Almost half of the stolen goods from hyper-and supermarkets are by criminal organisations working for orders. The thieves cause tens of billions of forints worth damages every year – reports...

Sheep-festival in Karcag
Date: 2011-06-24 12:52:57

The capital of Nagykunság, Karcag has seen a special gastronomic event centered around sheep between 24th and 25th June, with more than 10-15 thousand visitors, many of whome coming from...

The Váci1 soon to be ready
Date: 2011-06-24 12:50:29

The construction of the Váci1 business center, situated in the Vörösmarty square came to its final phase. This is Hungary's largest historical commercial real estate development of the recent years....

Magazine: Record performance from our agricultural foreign trade in 2010
Date: 2011-06-24 12:43:26

In 2010 our HUF 5.8-billion export expanded faster (by 13.8 percent) than import (9.7 percent), therefore Hungary’s balance in agricultural foreign trade improved in spectacular fashion, by 22 percent. This...

Online stores: a weak U.S.A. is the cheapest due to the weak dollar
Date: 2011-06-24 12:30:30

PayPal tested the offerings of more than fifty online stores. During the test, prices of various products were compared in Western and Central Europe and in the United States. The...

Hama Hungary unit to supply Tesco stores in Central Europe
Date: 2011-06-24 10:11:23

The Hungarian unit of German electronics wholesaler Hama on Friday said it had become a regional supplier to Tesco, a partnership expected to generate HUF 600 million of annual turnover....

REtail volume of chocolate growing in Hungary
Date: 2011-06-23 17:00:50

In eleven countries of the region – among them, Hungary – the retail volume of chocolate has been a 5.6 billion euros as a total between April 2010 and March...

Hungarians spend more proportionally on alcohol and food, than the EU average
Date: 2011-06-23 15:00:18

In the European Union households spend an average of 11.9 percent of their income on food, while an average of 1.5 percent goes on alcohol. According to the recent research...

Nearly half of the social shops closed in the last two years
Date: 2011-06-23 13:20:24

It looks like the model of social shops not working well in Hungary. A little more than half of the social shops have survived. The original goal of the shops...

GfK: the Consumer confidence improved in the second quarter
Date: 2011-06-23 13:15:28

In the second quarter of the year, domestic consumer confidence, the confidence in the future and willingness to buy also improved – reports the GfK market research company. The Complex...

The European Parliament adopted the new rules of online shopping
Date: 2011-06-23 13:10:58

The European Parliament (EP) overwhelmingly voted the new EU legislation on the Internet purchase in Brussels on Thursday. Accordingly, online shoppers, will have the possibility to change their minds and...

EU vegetable exports to be restarted to Russia
Date: 2011-06-23 13:10:25

The EU vegetable exports to Russia can be resatrted even today, as the two sides agree on the delivery of food security conditions. Russia stopped receiving fresh vegetables from the...

The mega settlements affect food safety badly
Date: 2011-06-23 13:00:10

The participants of the food conservation congress held in Düsseldorf, Germany, that excessive urbanization, especially in the so-called “mega settlements” (cities with a population of more than 10 million) have...

The global sugar production increases
Date: 2011-06-23 12:55:08

According to the analysts of the German F. O. Licht trading company; the global sugar production increases. In the 2011/12 season, 176 million tons of sugar production is expected, after...

The EU framework for the compensation of the vegetable growers may significant increase
Date: 2011-06-23 12:52:51

The European Commission increased the EU budgetary framework from 150 million to 210 million euros that will compensate the losses of vegetable-growing farmers. Vegetable producers in the EU in recent...

The German hospitality industry expects projecting revenues
Date: 2011-06-23 12:48:22

The German hospitality industry faces a record summer: According to the survey of the German Chamber of Commerce and Industry, the hoteliers, guest house operators and camping operators expect that...

New chances for the food industry
Date: 2011-06-23 12:36:51

The Fidesz government promises to create better positions for Hungarian food products and already established a parliamentary committee that will examine the privatisation of the sugar industry and the country’s...

Master Good plans expansion at poultry farms
Date: 2011-06-23 12:35:48

McDonald's only Eastern European supplier Master Good announced it is carrying out a HUF 4.4 billion capacity expansion at its poultry farms. Master Good will expand broiler capacity at all...

Visonka shares listed to get capital independently of banks
Date: 2011-06-23 12:33:49

KEG, namely Central European Gas Terminal listed its feed unit Visonka on the Budapest Stock Exchange to get capital for developments independently of banks, KEG CEO Richard Pimper said at...

SPAR vitamin-bag competition came to end
Date: 2011-06-23 10:52:24

SPAR Hungary's special game which aimed to inspire customers to create unique and special vitamin-bags for SPAR has come to end now. The result is 23 080 creative plans, 3...

New technology in Henkel's factory in Körösladány
Date: 2011-06-23 10:07:34

In Henkel's Kőrösladány-based outlet, a new division has opened its gates this week, within the compass of a portfolio-change process. The investment is worth 750 million HUF. Henkel's factory in...

Eu’Vend + Coffeena in September
Date: 2011-06-23 09:52:57

From 8th to 10th September 2011 Eu'Vend will open its doors in Cologne for the fifth time. With an international exhibitor participation of 34 % and an international visitor participation...

Hungarian customers are easily influenced by media
Date: 2011-06-22 17:32:27

Hungarian customers are more likely to be influenced by advertisements and commercials than most other nations in Europe. Nielsen market research company carried out the survey in 55 countries. The...

The BDO suggests the development of a progressive tax product schedule in connection to the chips-tax.
Date: 2011-06-22 14:00:11

The new tax, paradoxically, can have a negative effect on the budget, because if the price increase may result in a 10 percent decline in the consumption inside the product...

Hungary's per capita GDP can be found in the EU's lower house
Date: 2011-06-22 13:40:00

In Hungary, the gross domestic product (GDP) calculated on the purchasing power parity per capita is the 64 percent of the EU average. With this result, Hungary is situated among...

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Consumption and and consumer confidence are still weak