News and articles
Magazine: Different levels of concentration across the region
Date: 2012-02-15 14:31:38
Nielsen’s ShopperTrends research concluded that the level of concentration in food retail is different in the countries of our region. This is also reflected in the differing importance of fruit/vegetable-buying...
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The future of Hungary is within the European Union
Date: 2012-02-15 13:54:47
On the first day of the spring parliamentary session Prime Minister Viktor Orbán urged the National Assembly to adopt the European Treaty on Stability, Coordination and Governance in the Economic...
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Parliament saves food programme for the EU's most deprived citizens
Date: 2012-02-15 13:42:13
The “Food for the needy” programme will continue to supply food to the EU's most deprived citizens for two more years, thanks to a rescue plan agreed with the Council...
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French wine and spirits exports over ten billion euros
Date: 2012-02-15 13:00:41
The export of French wines and spirits last year broke the historical record, exceeding 10 billion euros for the first time. The increase was 10 percent compared to last year...
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CBA’s turnover increased by 10 billion last year
Date: 2012-02-15 12:55:49
Last year, the CBA network's overall turnover was 565 billion HUF, 10 billion HUF more than in 2010, while the number of the business units did not change significantly, the...
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Danone’s net profit decreased
Date: 2012-02-15 12:15:27
The French food giant Danone’s net profit decreased to1.67 billion euros from the 1.88 billion euros of 2010 – the company announced on Wednesday. While Danone's annual revenue increased by...
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The Kellogg purchased a chips brand for 2.7 billion USD
Date: 2012-02-15 12:04:29
The Kellogg Co. announced that the company will pay 2.7 billion USD for the Pringles potato chips brand to the Procter & Gamble Co.. Kellogg estimates that the deal except...
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Prodexpo in Russia opened
Date: 2012-02-15 10:49:35
In the opening speech of the 19th International Exhibition for Food, Beverages and Food Raw Materials Prodexpo’2012 the Minister of Agriculture of Russia Elena B. Skrynnik stressed the foreground tasks...
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GKI: The change started
Date: 2012-02-15 09:26:56
According to the forecast of GKI the successful accomplishment of negotiations with the IMF and the EU will be enough only for mitigating the contraction of GDP. The recovery of...
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In January, fuel, alcoholic beverages and food led the price increases
Date: 2012-02-14 15:14:03
In January, consumer prices were 5.5 percent higher than a year ago. In the growth, certain tax measures and forint's exchange rate played the most significant role. The price of...
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Huge forces were mobilized across Europe against food adulteration
Date: 2012-02-14 13:25:31
Serious forces were moved by the European authorities in recent months, to eliminate criminal organizations distributing counterfeit food products. The Hungarian authorities were also involved in the process. The list...
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Apricot and cherry flower buds frozen, still no expensive fruits
Date: 2012-02-14 13:19:46
According to preliminary surveys, the dramatic cold over minus twenty degrees froze the earliest kind of apricot and cherry flower buds. However, if the majority of orchards in Europe get...
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The growth of industrial production declined at the end of 2011
Date: 2012-02-14 13:10:05
The volume of industrial production, compared the same period of last year increased by 2.1 percent in December 2011. The low base also played a role in the moderate growth....
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Excise tax on tobacco products to increase again
Date: 2012-02-14 13:00:44
The excise tax on cigarettes will increase to HUF 11,500 per 1,000 pieces, or 30% of its retail price, from February 1 and to HUF 11,900, or 31% of the...
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MFB: the total value of loans in agriculture over 800 billion HUF
Date: 2012-02-14 13:00:09
The total value of the completed and ongoing agri-credits was 803.77 billion HUF at the Hungarian Development Bank (MFB) Zrt. on the 31st of December 2011 – informed the financial...
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Fazekas Sándor: rabbit breeding is a developing capable sector in Hungary
Date: 2012-02-14 12:57:35
In rabbit breeding and processing, which have long traditions in Hungary have significant development opportunities – said Fazekas Sándor, Rural Development Minister in Lajosmizse on the rabbit farm of Olivia...
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Last year the two largest Czech breweries increased their production again
Date: 2012-02-14 12:50:27
After two years of recession the two largest Czech breweries increased their production again last year. According to market analysts; this indicates that the Czech beer industry leaves the nadir...
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Optimism in the German economy
Date: 2012-02-14 12:48:27
Contrary to the expected -12 points, the Mannheim-based ZEW research institute’s prosperity index of February jumped to +5.4 points, entering into a positive range, the first time since May 2011...
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Magazine: Non-alcoholic, single-flavour pralines in small packaging units
Date: 2012-02-14 12:40:55
According to the Nielsen Retail Index, the annual praline market values at more than HUF 17 billion. Non-alcoholic pralines had an 85-percent value and volume share from praline retail sales...
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Global marketing campaign relies on Augmented Reality: Print and Internet are fusing
Date: 2012-02-14 12:20:59
nternational advertisements, visitor brochures and direct mailings with AR / Students have helped develop the campaign When the drupa advertisements appear in roughly 500 specialist publications in over 60 countries...
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Márta Makány at Tesco
Date: 2012-02-14 11:34:20
Fashion designer Márta Makány visited Tesco in order to give out a great number of autographs. 10th February sees the release of the unique, Márta Makány design-bags in Tesco, which...
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Fifteen Million HUF for a bottle of Scotch whiskey
Date: 2012-02-14 11:14:47
A bottle of 57 years old Scotch whiskey was sold for forty-four thousand pounds (more than 15 million HUF) at an auction in London. The Glenfiddich branded beverage was entered...
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ChocoMe is cherished even by the Prince of Monaco
Date: 2012-02-14 09:47:00
The Salon Monte Carlo Gastronomie has been organized for the 16th time in Monaco, where Hungarian product chocoMe has won a special prize: SIKLÓSI commerce house, producing ChocoMe has won...
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Hipercom: Valentine's Day special offers in Hungarian stores
Date: 2012-02-13 16:39:44
Shortly before Valentine's Day, special offer flyers have flooded the market and mailboxes to offer the best purchases for customers. The database of Hipercom Monitoring has taken a closer look...
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More than half a million Hungarians buy pralines for Valentine's Day
Date: 2012-02-13 13:59:05
Valentine's Day is, of course a special season for chocolate producers, especially after the weal revenue of January: nearly half a million Hungarian households are purchasing chocolate for this special...
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Another wave of layoffs is on the agenda?
Date: 2012-02-13 13:50:29
According to the survey of GKI made in January, the number of undertakings reckoning with increasing sales revenues exceeds those expecting decreasing ones. In terms of the number of employees...
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Kantar Media: The hypermarkets increased, FMCG manufacturers reduced their spendings on adverts
Date: 2012-02-13 13:43:02
Over the past year, the remaining illusion has shattered in the term increasing of the advertising market – shows the study of Kantar Media. The datas showed a minimal growth,...
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Magazine: Pork prices upped considerably
Date: 2012-02-13 13:16:53
Data from the Central Statistical Office (KSH) indicates that in the first half of 2011 the number of pigs reduced by more than 2 percent (if compared with the same...
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The frost may have destroyed this year's grape harvest
Date: 2012-02-13 13:10:56
If the record cold lasts longer, a significant proportion of vines may curdle causing a minimum of 20 billion HUF damage to the Hungarian winemakers – forecasts Varga Winery. The...
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The breweries are preparing for the European football championship
Date: 2012-02-13 12:52:51
The world's largest brewer the Anheuser-Busch inBev appeared on the Polish market with its Belgian Beer Cafe franchise. The American company would time the market entry, for the period of...
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