News and articles

Defining what is considered to be a Hungarian product is a shaky area

Not even the recently introduced Food Codex defines properly what is considered to be a Hungarian product and whether items made of Hungarian ingedients fall into this category or not...

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Herz salami is part of the European elitclub now

The official productname „téliszalámi from Budapest” has been listed on the protected, geographically indexed productlist of the European Comittee.  According to an announcment by the European Comittee, the Hungarian product...

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Nestlé Nespresso's 2008 results surpassed their own expectations

Nestlé Nespresso S.A., the premium quality coffee company reached 2.262 billion Swiss francs in sales in 2008, more than two times more than in 2006.  The growth of the company...

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Coca-Cola reported a solid first quarter

The Coca-Cola Company today reported solid first quarter 2009 results despite a challenging economic environment, with unit case volume increasing 2 percent, successfully cycling 6 percent growth in the prior...

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Interspar Road Show starting in mid-May

„INTERSPAR Road Show” is the name of the project organized by Spar Hungary Ltd. and Just A Bit of Attention Foundation which is about to start on 16th May and...

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Children's taste is less sensitive to sweets, so they eat more chocolate

Whilst the sense organs are fully functional from birth onwards, perception is a matter of practice. Sensory tests at TTZ Bremerhaven have shown that other benchmarks apply for children than...

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A crisis-resistant marketing tradeshow

PROMOTION is a tradeshow organized by HUNGEXPO Ltd., introducing and promoting new, crisis-resistant and efficient marketing and communicational technologies and strategies. In spite of all doubts, recession may have a...

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Unilever reducing salt-content of its entire food-portfolio

In the next few years, Unilever is going to undertake a worldwide effort to reduce the salt content of almost its entire food portfolio, covering 22,000 products. Unilever’s aim is to...

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Everyone in Europe consumes too much

If people switched more of their consumption from animal to plant-based food there would be a smaller impact on the environment.  A paper in the International Journal of Epidemiology by...

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Central-Europe loves Tesco

Tesco has closed its worst year in 2008 as its profit has barely reached a 5 percent increase in the UK – however, the company is being amazingly successful in...

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Wine-producers afraid of changing rules of contribution fee

Wine-producers strongly disagree with the new plans affecting wine-laws, bringing about changes in the field of circulation-contribution fee.  The main goal of the contribution is to gather money for local...

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Univer opening new possibilities for the market og agricultural ingredients

Food produced in the new, Kecskemét-based factory of Univer is going to be more up-to-date and a greater amount than before, which opens a new gate to the market of...

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A growing interest in social shops, a new store in Miskolc

A new social shop has just opened in Miskolc, the nineteenth in the country already, where products come directly from the growers. Prices are lower than usual in these so...

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Pepsi buys bottlers for 6 billion dollars

PepsiCo plans to buy about the shares it does not already own in its two largest bottlers, Pepsi Bottling Group and PepsiAmericas for about $6 billion, at the same time...

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G8-G5-meeting in Italy: commercial limits loosening

Debate at the first meeting of farm ministers from G8 and G5 states has shifted towards improving food security. Food protectionism, as exercised by both rich and poor countries in...

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Hungarian Agraracademy last weekend

Representatives of Hungarian agriculture and food industry gathered for a two-day long program last week in Pápa.  According to József Gráf agricultural and rural development minister, 2010 is going to...

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Aldi UK up 11 percent in customer numbers

German discount grocer Aldi saw an 11 percent rise in shopper numbers in the UK and Ireland in the first quarter of this year – according to fresh data by...

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Exxon Mobil overtakes Wal-Mart to top Fortune 500

Exxon Mobil Corp. unseated Wal-Mart Stores Inc. in the 2009 Fortune 500 list, shrugging off the oil price bubble and weathering what the magazine called the worst year ever for...

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Thirty-percent cutback at Pepsi in Hungary

PepsiAmericas FÁÜ Zrt. is facing a thirty-percent cutback which is affecting nearly 200 employees – as written in the Saturday issue of Népszabadság.  Bencze Madlen, HR-manager of the Hungarian Pepsi-products...

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Dr Pepper says that those who spend more on ads get out of the recession stronger

Dr Pepper Snapple Group Inc. is risking a different approach to the recession than other major advertisers: boosting its marketing budget, saying that's what worked best in the last big...

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Nestle organic sales Ggrowth Seen at 3.7 percent

Nestle, the world's largest food company, is expected to post a 3.7 percent rise in organic sales growth for the first quarter, a Reuters poll showed on Friday. Closely-watched underlying,...

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Producing re-started at the syrup-works in Szob

The well-known syrup-plant in Szob is opening its gates again this week – a company owned by Tibor Sári has bought the facory – as announced in the Friday issue...

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New website by Completa opened

The new website is supposed to function as an online coffehouse, providing visitors with plenty of information about the Completa product-family. The new site www.completa.hu offers a wide range of...

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Nearly one billion euro sales on the Romanian beer-market

The four multinational companies of the Romanian beer-market are closing a year with a nearly one billion euro sales – as announced in the Friday issue of Ziarul Financiar. Eighty...

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Domestic FMCG market turndown in Q4 in 2008 and in the first two months of 2009

Daily consumer-products value has rosen faster than inflation, yet in October when worldwide economic crisis had been announced, the market fell back with 3.7 percent – a survey called Commercial...

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Garantiqua raising guarantee limit to 90 percent

Garantiqa Hitelgarancia Ltd. has raised its guarantee limit from 80% to 90% for companies whose loans do not exceed their annual payroll costs, and the EU has accepted the company's...

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Lack of poultry-products on the Hungarian market

Deficiency may take shape in the next months when it comes to certain chicken products on the domestic market as inland demand for certain poultry meats is getting more and...

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Lidl sells more beer, shampoo and icecream than Aldi

Hard discount chain Lidl open its first 13 stores in Switzerland on March and the German giant is expected to open 14 more stores throughout the year – new research...

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Danone continued positive volume and sales growth in Q1 2009

In spite of the difficult circumstances, Group Danone saw a 1.0 percent sales growth, although the interest in dairy products decreased by 1.2 percent, baby-nutrition products on the other hand...

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Laurel grew by 40 percent in 2008: high-tech is a must in trade

Székesfehérvár-based Laurel Group saw a 40 percent rise with its 3.5 billion HUF traffic in 2008 by selling high-tech commercial science information products – the company is optimistic about the...

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