News and articles
Market share of light products growing
Date: 2009-03-05 08:00:00
According to the Nielsen Retail Index, sales of carbonated soft drinks were down by 4 percent in terms of quantity last year, with total sales stagnating around HUF 56 billion....
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Three-quarters of domestic production is exported
Date: 2009-03-05 08:00:00
While total food consumption is declining, the consumption of bio food is growing. Bio production is based on transparent and clear regulations, which guarantee that it is compliant with specific...
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Modest year for hotels
Date: 2009-03-05 08:00:00
Though the number of guests buying commercial accommodation services was up by 1-2 percent in 2008, they spent fewer nights there, compared to 2007. The revenues generated by accommodation services...
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Baileys Eredeti krémlikőr kávés ízesítéssel
Date: 2009-03-05 08:00:00
In this product, the exceptionally popular coffee flavour is combined with the well known creamy smoothness of Baileys. The aroma of perked coffee and the silkiness of cream liqueur create...
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Beiersdorf Profits Jump 28.3 Percent
Date: 2009-03-05 07:55:05
The company predicted a slower growing for 2009, but its goal is achieving a global market share of 5.5 percent. Group profit after tax for 2008 jumped 28.3 percent to...
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Almost 2/3 of chemical artikels are sold in hypermarkets and drogeries
Date: 2009-03-04 07:08:00
Last year the total retail sales of households chemicals and cosmetics grow by 3% to HUF 300 billion, but in volume it was 2% less as a year before. According...
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Total sales of 2008 at CBA was HUF 545 billion
Date: 2009-03-04 06:44:39
Last year the food retail chain grow by 4%, increased the number of stores and almost 50 units were renovated in and out. The CBA has the most retail unit...
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Hungary food safety authority gives all-clear on supplement scare
Date: 2009-03-04 06:27:00
Hungary has not imported any food supplements containing nimesulide, a substance known to be hepatotoxic, the Hungarian food safety authority (MEbiH) told MTI. Sweden recently informed the European Commission through...
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BAT Hungary made ready for changes in advertisement law by self test
Date: 2009-03-04 06:24:00
After a six months long campaign every employees of the company from secretary to CEO checked the stores in work group. Hungarian Parliament passed a bill to amend the advertisement...
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Difficulties at Charles Vögele
Date: 2009-03-04 05:58:07
The company lost share on its most important markets, in Switzerland, Germany and Austria in 2008. The total sales decreased by 1.8% to CHF 1.369 billion, the profit fell by...
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ALDI expands in US
Date: 2009-03-04 04:25:00
Discounter is opening its 1000th discount store in the USA this week, in Connecticut. The number of Aldi stores in Connecticut, which is considered one of the most affluent US...
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Kaufland launches organic private label
Date: 2009-03-04 04:15:00
In the first phase 100 products will be on the stores’ shelves in Germany. According to Lebensmittel Zeitung, the label named K-Bio will initially comprise around 100 aggressively priced products,...
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Nordsee success in Budapest
Date: 2009-03-03 13:20:39
After the first Nordsee Restaurant in West-End City Center, the second unit will open this year in November. In the first half year the sales in Hungary's first Nordsee restaurant...
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Goldsun finish producing in April
Date: 2009-03-03 13:01:50
According to the liquidator no asprirant for Goldensun property either for the producing. Liquaidation of the company started in 2006, two years after fire int he plant. Five years before...
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Only half of developing came true in 2008
Date: 2009-03-03 12:51:07
According to property consultancy ESTON International there was no handover of new retail properties in Budapest in 2008, and several developers experiencing financial trouble delayed or even stopped projects. At...
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GDP growth under 1%
Date: 2009-03-03 12:31:44
The slowdown of economic growth over the year continued in the last months of the year with the decrease of production and use. According to the common flash estimate of...
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Sales prices of industry growing
Date: 2009-03-03 12:24:47
According to Hungarian National Statistical Office the domestic sales prices of industry rose by 0.9% in January 2009 compared to the previous month and were 4.4% higher than in January...
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HUF 350 bln for R+D in Hungary
Date: 2009-03-03 12:15:35
A map of the subsidies was published by R+D minister Károly Molnár at a symposium. About HUF 350 billion in grant money to support research and development as well as...
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Competition Commission to introduce code to protect supermarket suppliers
Date: 2009-03-03 12:13:57
The Competition Commission in the UK will introduce a new code of practice for supermarkets to enhance competition and ensure the fair treatment of suppliers. After investigations last year the...
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Body Shop To Cut Jobs
Date: 2009-03-03 11:41:31
The company said it is consulting employees about proposals to reduce its global workforce by 275 jobs to make the business more efficient. The Body Shop, which employs 9,200 people...
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Drastic Sales decreasing in Lithuanian
Date: 2009-03-03 11:10:22
Sales at food retailers were down 10.2% year-on-year, while non-food retailers suffered more, with sales down 20.6%. Sales at Lithuanian retailers in January slumped by 27.2% on a year-on-year basis...
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U.S. consumer spent more in January
Date: 2009-03-03 10:35:42
The January gain followed a drop of one percent in December 2008 and was even better than the 0.4 percent increase that economists had expected. U.S. consumer spending rose 0.6...
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The value of GKI’s economic sentiment index has been falling
Date: 2009-03-02 06:28:39
According to the survey conducted by GKI Economic Research Co. with the support of the European Union, business expectations deteriorated even more sharply in February than in January, whereas the...
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Less coffee consumption decreasing as awaited
Date: 2009-03-02 06:23:05
Valdo Café made a survey between its 100 big clients about the effects of the financial crisis on coffee consumption in Hungary. According to the survey there is a small...
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Retail investments increased in 2008
Date: 2009-03-02 05:21:26
The annual value of investments came to HUF 4791.5 billion at current prices. Within this HUF 1835.2 billion were spent on investments in the fourth quarter of 2008. According to...
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Returnable packaging contra selective waste collection
Date: 2009-03-02 05:14:07
There are several methods in the EU for collecting of packaging waste. Öko-Pannon Kht. and Ministry of Environment and Water organised a conference about this. The participants of the event...
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Lidl Seeks to Repair Image
Date: 2009-03-02 05:04:00
Europe's biggest discount supermarket chain is trying to fix its image after last year's revelations that it spied on staff. In an interview with SPIEGEL ONLINE, Lidl's purchasing chief Robin...
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Subvention cut is misproportioned – assures the Hungarian Chamber of Agriculture
Date: 2009-03-02 04:55:11
The organisation said the government encroaches on principle of proportion and equitableness. The chamber asks for extending the quarantee of the government for agricultural integrators. The Hungarian Chamber of Agriculture...
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Tesco's agressive price cutting in Britain
Date: 2009-03-02 04:47:00
The retailer was planning to cut prices on 3,000 lines, from fresh meat to baby food, stepping up the pressure on the rest of the industry as it heads into...
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Asda to launch SYM TV
Date: 2009-03-02 04:38:00
Wal-Mart-owned company is driving down the cost of the weekly shop for its hard-pressed shoppers. The supermarket has already cut 7,500 prices since January, and this weekend will see the...
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