News and articles

Increasing cocoa world prices

In the past two weeks, cocoa increased by 11 percent on the London commodity markets. The processing industry's demand for cocoa has been a significantly increased in the last few...

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The consumption of non-alcoholic beer increases

Between May 2008 and April 2009, five percent more non-alcoholic beer has been sold than a year earlier. The average price of a liter decreased from 330 HUF to 302...

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More than six billion HUF, EU and governmental support to the palinka distilerries

This year, the government and the European Union contributed in a 50-50 percent support for the Hungarian palinka distilerries. The development will be carried out by 6.4 billion HUF. According...

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The Ministry of Agriculture declared Vis Maior due to the drought

The Agriculture Minister proclaimed Vis Maior due to the drought of 2009 for the whole territory of Hungary. Farmers can claim drought alleviation at the Administrative Office of Agriculture –...

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Törley won medals in England

Nine Törley product proved its brand at the 40th International Wine and Spirit Competition, in England. The prestigious jury awarded nine Törley product. Three products gained silver, six products have...

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GKI forecast on the 2009 processes of the Hungarian economy

According to the forecast of GKI Economic Research Ltd. and Erste Bank, the nadir of the recession is expected in the second-third quarter of this year. However, the improvements will...

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Creative Kitchen Forum again

On 9 June, HUNGEXPO's K 4 pavilion will houses the Creative Kitchen Forum, staged several times by Centrallpess Hungary. The meeting will focus on hotel-restaurant catering. The conference will have...

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Discounter Wal-Mart Stores will add more than 22,000 jobs in its U.S. stores in 2009

The world's biggest retailer Wal-Mart created 33,800 U.S. jobs last year and also included new jobs at its much smaller Sam's Club members-only chain of warehouse stores. At an October...

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Purchase vouchers for the bottles

As a purchase voucher, customers will receive their deposit in amount of the environmental protection, if they return their empty, “one-way 'packaging, products to the store of Auchan Hungary Ltd....

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Eurozone's retail trade turnover has been increased in April

The retail sales in April increased by 2 percent compared to March as it was expected. The index has increased for the first time in a five month period. Compared...

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Traders suspends the implementation of food code

Although the Economic Competition Authority has welcomed the creation of the code, and believed only a few points concerned, traders reject the entire code referring to Economic Competition Authority's competition...

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Hungarians purchasing less food and household chemical goods

According to the recent survey of GfK Hungaria Market Research Institute Hungarian household spent ess money on daily consumer goods during the first quarter of 2009 than a year earlier....

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Hong Kong interested in Hungarian wine regions

Businessmen of the Hong Kong Food and wine industry will visit the most important wine-growing areas of Hungary between 10 and 13 June 2009 seeking for new business opportunities. The...

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Help arrived to the food industry

Bank Guarantee Program has started, providing assistance for the food companies. The enterprises in difficult situations can access working capital loans with the assistance of the Hungarian Development Bank. Hungarian...

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Barcs fair for the thirteenth time

Barcs International Food Fair and Trade will took between 5 and 7 June for the thirteenth time this year. Barcs which is often mentioned as the capitol of Drava locates...

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New products are added to the Cappy Family

From June the 1-liter version of Cappy is available in two new flavors. The 100 percent pulp-free version of orange juice and a new pear-flavoured product will be introduced. The...

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The Hungaria Grande Cuvée won silver medal on Sélections Mondiales des Vins

North America's largest international wine competition the Sélections Mondiales des Vins held between 26 and 31 May 2009 in Canada. Six-hundred wine producers from 32 countries sent 1836 samples. 554...

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The manufacturing plant that produced Túro Rudi, relaunched

From August the Túró Rudi factory in Nagybánhegyes can produce again. The plant owned by Friesland Hungary Ltd. known for producing Túró Rudi closed in 2007. Friesland, meanwhile sold the...

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Anuga – the world's largest food fair

Fourty-five Hungarian food production companies will take part on the world's largest professional food fair the Cologne-based Anuga. Six thousand exhibitors are expected for the event which will be held...

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The payment moral is getting worse even on Hungarian export markets

The European companies assessed less positive the payment patterns of their partners in 2009 then in the summer of 2008, and they also received a negative assessment from their international...

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Eurozone's economy decreased

In the first three months of 2009 the consumption and the exports has reached the worst decrease since 1995. The GDP of the Eurozone has been decreased by 2.5 percent...

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Milk from the producer

The dairy producing businesses are trying to get more income in the next few years with the increase of direct milk consumption – reports Világgazdaság Online the statement of the...

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Mars and Snickers getting smaller

While the consumer price remains the same, the size of Mars and Snickers chocolates reduced by 7 percent in Great Britain. The chocolate manufacturer Mars Incorporated tryed to defense that...

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Playboy-bunnies on energy drinks

The distribution of the Playboy-branded energy products will begin soon in Eastern Europe. An Albanian company won the exclusive manufacturing and distribution rights in Eastern Europe. In those countries where...

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Czech Republic claims over a new farm support system

The three day meeting of Agriculture Ministers of the EU was held in Brno, Czech Republic. Prague argued the current system of EU subsidies. The dispute resolution questioned the justification...

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Asda expands further in Scotland

UK retailer, Asda, has announced plans to expand within Scotland, investing over €300 million and creating over 3,500 new jobs over the next three years. It currently has 47 food...

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New, re-closable packaging from Cryovac

The food packaging branches of business of the Sealed Air Corporation, the Cryovac Packaging and Cryovac Food Solutions appeared with a 10 times, and re-openable and re-closable packaging on the...

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The Pepsi Bottling Group Raises Second Quarter and Full-Year 2009 Earnings Guidance

The company now expects to deliver comparable diluted earnings per share of $0.70 to $0.74 in the second quarter. For the full-year, PBG now expects comparable diluted EPS in the...

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Increasing food exports to Romania

Last year, Romania became the 2nd largest receiver of Hungarian food export. Romania is a 20 million market in the neighborhood. The purchasing power of its population increased, but its...

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Improvement in the corporate atmosphere

Ecostat 's prosperity indexes improved in the past three months among the TOP-100 companies and among the medium-sized enterprises too. Ecostat 's TOP-100 prosperity index of large enterprises increased by...

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