News and articles

Hungarian wines classified according to EU-categories

Hungarian wines will be classified according to a new category-sytem commensurate with European Union norms, Rural Development Minister Sándor Fazekas announced at a press conference on Thursday. All Hungarian wines...

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Information society is a new thread to FMCG

The Consumer Goods Forum (CGF) is a global, parity-based industry network, driven by its members. It brings together the CEOs and senior management of over 650 retailers, manufacturers, service providers...

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VinAgora: international wine competition in Pécs

The wines of nineteen countries will compete for the medals of Central Europe's dominant wine competition, that will be held in Pécs from Thursday. The international wine competition will last...

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Pálinka distilleries can obtain sources

At the settlements with fewer than five thousand inhabitants, the supportable micro businesses will be extended with the pálinka distilleries – said V. Német Zsolt, Secretary of the Ministry of...

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European supermarkets were awarded in eleven categories

The International Council of Shopping Centers (ICSC), handed over the recognitions of the shopping centers on Wednesday at the 2011 European Shopping Centre Awards. The recognitions were handed over in...

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A growing demand for luxury items

After the crisis, last year the sales of luxury goods broke a record again, especially in the emerging countries perceived high level of interest. According to the survey of the...

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The European online advertising market grew by fifteen percent

Among the online advertising types, display advertising grew the fastest last year by 21.3 percent, while the former catalyst of the market increased by a total of 15.1 percent –...

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National products in Europe

In Hungary the transformation of new or old brands is usually carried out by large multinational companies as the costs of innovation and advertising are high. Experience is that domestic...

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Sainsbury increased its turnover

The third-largest British supermarket chain the Sainsbury increased its turnover (without calculating fuels) by 4.3 percent in the first 12 week of its current fiscal year ended on the 11th...

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New City SPAR in Budapest

On 16th June 2011, the fifth CITY SPAR supermarket has opened its gates in order to offer comfortable and fast customer service. As a result of the complete reconstruction of...

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China is now the third most common destination for Cuban cigars

Cuba exported six million cigars more last year than in 2009, but the industry's performance does not reach the 100 million pieces export of 2008. As a result of the...

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Consumer Goods Industry Announces Global Resolutions on Health & Wellness

On the first day of its annual Global Summit in Barcelona, The Consumer Goods Forum unveiled new industry-wide resolutions on consumer health and wellness. The three resolutions, approved by the...

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While inflation is under four percent, food prices have risen well above the average

The rate of inflation was substantially lower than expected in May, and all signs indicate that the rate of price inflation will slow down in the rest of the year....

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The EU decision on food labeling was born

The Hungarian Presidency agreed with the European Parliament and the European Commission about the reform of food labeling – reported Reuters. Under the new rules, the energy, the salt, sugar,...

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75th OMÉK in Budapest for rural development

After six years, the Hungarian Agricultural and Food Exhibition (OMÉK) will be organized again in Budapest between 28th September and 2nd October at the fair center of Hungexpo near Kőbánya....

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Vegetable growers will be compensated by the end of the summer

The Union is providing 210 million Euros for the immediate assistance of vegetable producers – announced Commissioner Dacian Cioloş. The degree of compensation will be equal to 50% of the...

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The online coupon market is evolving at amazing speed

The turnover of the community purchasing web sites dealing with bonuses and coupons is expected to be more than two billion forints this year, but can reach three billion forints....

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The poultry-breeder can also be a processor

The biggest problem for the farmers in the poultry sector is the high feed prices – said Fazekas Sándor Rural Development Minister on Tuesday, in Kunmadaras. The Minister told that...

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The LMP urges a six-month network expansion moratorium

According to the LMP party, the National Assembly should proclaim a moratorium on the network expansion of the large retail chains as soon as possible. They fear that even before...

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Budapest Bank issues a Tesco shopping card

Thanks to the collaboration of Budapest Bank and Tesco, the chain's customer loyalty program will be expanded by a new credit card service. The recently issued Tesco customer card rewards...

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Mineral waters under bottle pressure

Mineral water sales had been growing for years but this positive period turned into stagnation, which after a while lead to declining sales. Last year minus 3 percent was registered...

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The industry of the eurozone begins the second quarter with increase

Contrary to the analysts' expectations industrial production increased in the euro area in April, referring to a strong start in the second quarter. Industrial output, in the euro area rose...

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New NESCAFÉ® Dolce Gusto® Creativa available in Hungary

New from Krups, the automatic, programmable Dolce Gusto Creativa is a single serve multi-purpose beverage machine that allows you to customize your favorite hot or cold coffee, chocolate or tea...

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Determin – Kékfrankos Open 2011

It was the fourth time Determin-Kékfrankos OPEN amateur tennis competition had been organized at the tennis center of Hotel Szieszta Here are the results: Individual: I.: Demény Gyula II.: Edlinger...

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New Palette Deluxe Intensive Oil Care by Henkel

The first Palette color that cares with 7 oils. Enjoy the NEW Palette Deluxe Intensive Oil Care Color – The first Palette permanent coloration with oils enriched with intense color...

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Customers' number one worry is food prices

The number of inhabitants in Hungary whose greatest worry is the price of food is four times more now than it was this time las year. Loans have become the...

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The public health product charges may bring rising inflation and a decrease in turnover

The trade does not have enough reserves to be able to “swallow” additional costs so – unless the manufacturers may assume part of the burden – it is expected that...

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The producer price of agri- products increased by nearly a half

The level of agricultural output prices in April 2011 was 45.2 percent higher, compared to a year ago – reports the Central Statistical Office. In particular, the price level of...

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The price of sugar may decline further

The price of sugar slowly but surely declined in recent weeks.The fall may accelerate in the forthcoming weeks, so it is worth to wait for those who want to make...

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Tesco's sales increased in the first quarter

Tesco published its first quarterly sales figures, thatpoint out that although the company showed a 1 percent growth on the UK market. It is a disappointment, compared to the analysts'...

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