Market News
One million liters of illegal Italian wine was found in Bács-Kiskun county
Date: 2012-02-02 12:20:24
The Food Chain Safety inspectors found one million liters of illegal Italian wine in Bács-Kiskun county – announced the Ministry of Rural Development. The official proceedings are taking place with...
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The winemakers in Somogy cannot increase their prices
Date: 2012-02-02 11:41:19
The majority of the winemakers in Somogy cannot increase their prices, because the consumers are sensitive to any price changes. The great majority of the domestic wineries implemented huge improvements...
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Balatoni korona: hundred million output is planned in one and a half year
Date: 2012-02-02 10:40:45
The Balatoni crown will be marketed on March 22, the issuer, th e Balatoni Korona Zrt. counts on three hundred accepting sites and hundred million output in one and a...
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GfK achieved sales increase of 6.2% in 2011 based on preliminary figures
Date: 2012-02-01 17:34:42
In financial year 2011, the GfK Group achieved an increase in sales and income. Based on the preliminary figures, sales were up by 6.2% to around EUR 1,374 million in...
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The Christmas sales of SMEs stagnated
Date: 2012-02-01 14:26:29
This is his second year of stagnation in the Christmas sales of the small and medium sized enterprises. Their Christmas sales apparently not changed, compared to the previous year. However,...
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Fazekas Sándor: the tenders of the Darányi Ignác Plan constantly open
Date: 2012-02-01 13:27:57
This year, the applications of the Darányi Ignác Plan are being opened continuously – said Fazekas Sándor, Rural Development Minister. The Rural Development Minister pointed out that the Darányi Ignác...
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World Bank: food prices rose by one-fourth last year
Date: 2012-02-01 13:20:23
The 2011 food price index was 24 percent above the 2010 value and the volatility is expected to continue – told the World Bank. Between September and December 2011, food...
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VAN foundation: “Search for the local products!”
Date: 2012-02-01 13:10:00
Local producers have established a local producer database, with the public contact details of more than 2,600 domestic local producers, with the support of the European Union’s Regional Development Fund,...
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Atradius: one-third of the bills are paid late worldwide
Date: 2012-02-01 12:59:07
Businesses pay 30 percent of their bills late and in case of 12 percent the delay may be longer than two months – shows the most recent survey of Atradius...
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Cigarette prices will increase in both February and July
Date: 2012-02-01 12:14:30
Cigarettes will be burdened by11,500 HUF per thousand and 30 percent excise duty per of the retail sales price from February 1, from and another increase occurs in July. This...
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Rural organizations in focus for the International Year of Cooperatives
Date: 2012-02-01 12:11:03
nternational years are declared by the United Nations to draw attention to and encourage action on major issues. The International Year of Cooperatives is intended to raise public awareness of...
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The Czech Republic would introduce excise duty on wine consumption
Date: 2012-02-01 12:10:26
Miroslav Kalousek Czech Finance Minister wants excise duty to be imposed on wine. Currently, excise duty wine is zero, just klike in the case of beer. The burden may be...
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In November foreign trade volume increased again
Date: 2012-02-01 11:55:38
In November 2011, the volume of exports increased by 7.9%, and that of import grew by 4.5% compared to the same period of the previous year. The dominant part of...
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The number of employees increased by 46 thousand in a year
Date: 2012-01-31 13:20:19
The number of employees was 3 million 851 thousand in the fourth quarter of 2011, which is 1.2 percent more than in the same period of the last year. According...
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Wafers: the 401-2,500m² channel is the most important
Date: 2012-01-31 12:43:49
The annual wafer market is around HUF 18 billion, with retail value sales augmenting by 5 percent and volume sales declining by 2 in the last December-September period. From the...
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German retailers expect an increase in turnover this year
Date: 2012-01-31 12:19:43
The purchasing sentiment of the population improves the retail sales further in Germany. After a 1.5 percent growth in turnover, the German retail sector this year can expect 420.6 billion...
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Every third youngster would work abroad
Date: 2012-01-31 10:50:44
Only three percent of young people in Hungary have worked abroad, but more than third willing to work outside the borders for higher income and living standards shows the national...
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Used Car Industry Poised for Growth in 2012
Date: 2012-01-31 10:38:24
The used car industry had a good 2011 and it's looking to have an even better 2012 based on predictions by an industry expert who sees strong sales numbers continuing...
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Magazine: Praline buying is characterised by both brand loyalty and economising
Date: 2012-01-30 22:50:07
Among sweets pralines represent the highest price category, consequently sales have been declining ever since the economic crisis commenced in 2008. However, this contraction slowed down recently and the last...
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Wine producers are forced to raise prices
Date: 2012-01-30 12:20:08
Wine producers were forced to carry out double-digit price increases this year, due to the wine’s purchase price increase and due to the growth of production costs – told Varga...
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Orchards to be listed
Date: 2012-01-30 12:13:59
Orchards will be listed in Hungary this year, if the Parliament adopts the amendment of the 2006 law. The bill was uploaded to the website of the Parliament on Monday....
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Hungarian beekeepers to apply for 1.2 billion HUF EU funds
Date: 2012-01-30 12:12:59
Until 2013 beekeepers can apply for1.2 billion HUF EU funding in the scope of the Hungarian National Apiculture Programme. According to the Rural Development Ministry; the high, 90-95 percent utilization...
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Hungarians are saving for holiday
Date: 2012-01-30 10:19:15
We tend to believe that saving money is a necessary part of life, and most of us are consciously looking for possibilities to save money – a new survey by...
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New agricultural books are needed
Date: 2012-01-30 09:34:49
The brand new Darányi Ignácz Plan, within the compass of the National Rural Strategy, believes that an important basis of modern agriculture is tradebook – minister in charge of rural...
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Vodka and gin: higher sales in terms of both value and volume
Date: 2012-01-30 03:00:34
Total annual retail sales in the nine spirits categories measured by Nielsen reached the value of HUF 66 billion in the August 2010-September 2011 period. Only vodka and gin sales...
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Less but higher quality alcoholic drinks are sold
Date: 2012-01-30 02:57:05
Alcoholic beverages constitute a special market in Hungary as spirits, wines and beers have a one-third share of the market each. Wine consumption has declined recently and the annual average...
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Good market position for chocolate
Date: 2012-01-30 02:38:55
According to the Nielsen Retail Index, total value sales of the three chocolate segments increased by 3 percent in the December 2010-September 2011 period, compared with the same period a...
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Market expansion and strengthening manufacturer brands
Date: 2012-01-30 02:12:26
2 percent higher value sales and 1 percent more sold in terms of volume in December 2010-September 2011 – this is how the meat product market developed according to the...
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Food Club Workshop was launched
Date: 2012-01-30 02:09:23
Food Club Foundation was established this year and its undertaking is to analyse the state of play in the Hungarian food sector and the chances for increasing its competitiveness. The...
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New taxes on food products reduce competitive chances
Date: 2012-01-30 02:03:12
It is too early to predict the consequences of the public health product fee (NETA) – we heard at the food processing conference recently held in the German and Hungarian...
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