News and articles

TV2 preparing for the spring with new programs

As it has been revealed recently, a show under the title “Mr. & Mrs.” and hosted by Claudia Liptai and Attila Till is to be launched soon by TV2. Áll...

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Less imported ham – can domestic industry benefit from this?

„I have some good news and some bad” – one could say. The good news is that if the HUF will stay as weak as it is now, then domestic...

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Calories in system of classification

According to the findings of several surveys, Hungarian consumers are becoming increasingly health conscious, as illustrated by the growing popularity of nutritional labelling systems and programs. Initiatives aimed at orienting...

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New orders for processing sector down by a quarter

Industrial production was down by 12 percent in November 2008, compared to November 2007. Production in the first 11 months of 2008 was up by 0.4 percent compared to the...

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Axe Hot Fever tusfürdő és aeroszol

With an extract of Brazilian hot mud and red dragon fruit, it is a refreshment to help you in getting ready to party....

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Vitamin nimm2 candies launched by Storck

Storck has launched its nimm2 product range in the Hungarian market recently. nimm2 has been a popular candy brand for several decades in many European markets, because these are made...

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Global European Food Event – Budapest, 29-31. March 2009

ECRM would like to invite you to its Global European Food Event to be held in Budapest between 29-31. March. ECRM helps the largest retail chains like Tesco, Auchan, Ahold,...

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Market share of light products growing

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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%

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

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

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

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

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

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

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

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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