News and articles

Tesco Will Sell GBP 400 Mln of Local Products in 2008

Tesco and other supermarket chains have been criticized for sourcing cheaper products from abroad, rather than supporting the local farming industry.  Since launching "Local Sourcing" just over a year ago,...

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French Consumers Eat Less Dairy Products

According to governmental data, French consumption of dairy products has declined by 7% between 1997 and 2006.  The government explains the drop by two factors. Firstly, consumers are more and...

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Collective Hungarian Exhibition at BIOFACH Nürnberg

At the Hungarian stand, managed by Agrarmarketing Center, 27 producers and retailers show them self.   BioFach 2008, the World Organic Trade Fair, is all geared to organic wine and...

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OTC pharma products at dm stores

Dm chain sell and collect drugs after expiry of the validity periode, independent of place of buying. Dm started drugs selling in September, but now in whole chain sells 150...

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11% sales growth at Sio-Eckes

Last year 9 tons fruit were processed, the sales enriched the HUF 16 billions. According to market informations the Hungarian fruit juice market didn't growth in volume last year, but...

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Employment in Hungary well below EU average

Only 57 percent of Hungary's 15-64-year-olds are working, well below the European Union average of 64 percent.  It noted that in 1989 5.4 million Hungarians were on the workforce compared...

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HUF 5 Million prize from Tolnatej

The winner needs three barcode of Tolle Light and a bit of lucky to get the big prize. By end of January 10,000 competition arrived from the whole country to...

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Agrar Marketing Center will be self-sufficient

The change affects only law sections, the way of business don't. The new institute works under flights of the ministry of Agriculture, under biggest financial and accountancy control. The government...

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New leaders at Maspex Olympos Hungary

New CEO and plant general director from January.   The new CEO of Maspex Olympos Hungary, the Polish Marek Bucior, who works since 8 years at the group. He started...

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Last year's balance – 600 stores less

The shrinking of retail stores chains slowed – according to Nielsen Research Company. Only small stores were closed, the number of middle size stores stagnated but hyper and supermarket increased...

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Hungarian Product Award starts end of February

Last ten years 142 products won the award and other 437 tender got other prizes. Since 1997 the most tenders came from food industry, but the producer in constructions industry...

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Hungarian Consumer Trust Index fall 8%

The decrease is to thank to willingness of buyig consumer durables, but there is an increase at pessimistic.  Last quater the index hit the negative record of 2006 December. The...

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GDA labels on products of CHIO Hungary

The bags printed with GDA dates came out from the plant in Gyor on 13 February, up August every CHIO products will signed with GDA labels.  Since 2007 summer 8...

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Sweet Point to wind up

The confection industry company debits almost HUF 3 billions to its obligees.   Sweet Point stands under liquidation since January, 56 firms claim HUF 2 Billions, the tax authority HUF...

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Europe's economic expansion slowed

Euro-zone GDP increased just 0.4% in Q4 2007, down from 0.8% in Q3 2007, according to the European Union announced. European economic expansion cooled in the fourth quarter as the...

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2009 tax facilitation

Monday the prime minister annuounces a 10 points tax reform.  According to the index internet portal, the new tax rules come from 2009. The biggest step will the destroy of...

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The industrial output was slowly in 2007

Hungary's industrial output edged up by 0.9% month on month in December, according to final figures adjusted seasonally and by working days, the Central Statistics Office (KSH) has reported.  ...

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Hungary's consumer prices rose by 1.0% month on month and

On year on year basis the growth was 7.1% . For the end of the year the analysts project CPI to be down at 4.5%.  Seasonally adjusted core inflation was...

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Beer Etiquette report by SABMiller

The report has certainly highlighted some interesting idiosyncrasies about European culture and how, where and with whom we enjoy a beer.”  The report surveyed 7,500 men and women across 15...

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Interpack 2008 Düsseldorf

From 24 to 30 April, the exhibition will present visitors with solutions for the various needs of homes, retail, logistical services as well as manufacturers in an interactive format and...

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Heart beat by Milka

On 14. February on Valentin-day thousands of people went to SYMA hall to make a heart live at the event organised by Milka.  The record didn't come into existence, not...

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The Hungarian Competition Authority won legal action against Colgate-Palmolive

According to authority the chemical company's ads in 2006. February said untruth, so Colgate had to pay HUF 257 Millions fine.   The company couldn't accept the decision, and went...

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Tesco building in Becsi street started

The new store opens its gates probably in July, several small shops will be rent in the hypermarket. Under the store garage with 300 places waits the costumers. The British...

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Britain's favourite fakes

According to a survey made for BBC Money Programme one fifth of Britains bought fakes.  A Money Programme survey, conducted by Ipsos Mori, suggests that the most popular fake product...

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Warren Buffett became the largest shareholder in Kraft Foods Inc.

The Billionaire bought Kraft's shares for USD 4.32 billiards.   Buffett believes in Kraft he think "Kraft's a portfolio of iconic brands in a company that was undermanaged for quite...

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Fanta image building with Windows Live Messenger

The youth between 13-24 using internet, spend weekly 7 hours in front of a quick messenger service.So its not strange, that Coca-Cola use ads on Windows Live Messenger to build...

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10% revenu growth at Coop Hungary

Last year the biggest Hungarian food retail chain has HUF 440 billion sales. Altough in the second half of 2007 the sales in volume decreased with 1%, the company's revenue...

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Ethic graved into the counter

The Hungarian competition authority extended the scope of the Code of Ethics in Retail until 2010. The Code of Ethics in Retail was signed in 2006 by representations of interest...

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Two new SPAR stores in two weeks

On end of January SPAR supermarket was open in Gyongyos, and from today the people in Szazhalombatta can enjoy, the modern way of shopping.The supermarket in Gyongyos is 835 m2...

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