Market News
The EU may prohibit the cultivation and marketing of GM products
Date: 2011-03-16 13:51:30
The European ban on genetically modified foods may be possible – said Fazekas Sándor Rural Development Minister after the meeting of the EU environment ministers. Currently, the ban is only...
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VAT rate will increase in the Czech Republic in 2012
Date: 2011-03-16 13:50:31
VAT rate will change in the Czech Republic. The three coalition parties have agreed in the details last week. Under the agreement, the current 19, and 10 percent VAT rates...
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Italy is one step ahead of the EU
Date: 2011-03-16 13:44:51
The European Commission will investigate whether EU-wide ban can be used on plastic shopping bags, while proceedings are brought against Italy because, a ban was introduced on shopping bags in...
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Deteriorating business sentiment in Germany
Date: 2011-03-16 13:40:09
Contrary to the expectations, the business sentiment deteriorated in Germany in March, partly due to the uncertainty caused by the Japanese earthquake and tsunami, partly because of the expected interest...
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Mothers and babies are both maturing later
Date: 2011-03-16 11:50:07
Demographic forecasts expect an aging of the Hungarian society, which is bad news for the baby category. Ilona Guba, Hipp Kft.’s sales and marketing director is of the opinion that...
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New printer-encoder by Zebra
Date: 2011-03-16 11:23:47
Zebra Technologies Europe today announced the availability of its first high performance RFID printer/encoder designed to address the growing RFID market for high-volume item-level tagging. The R110Xi4 aims to streamline...
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The introduction of the hamburger tax is under investigation
Date: 2011-03-11 16:54:56
The ministries are investigating the effects of the introduction of the so-called hamburger tax. Matolcsy György, National Economy Minister told that the health nutrition studies of the recent years show...
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The EU Commission supported the duty-free import of 300 thousand tons of sugar
Date: 2011-03-11 13:26:33
As expected, according to the earlier proposal the EU Commission supports the opening of a 300 thousand ton duty-free import quota. According to the forecasts, the EU sugar stocks are...
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U.S.: Consumer confidence down, retail sales up
Date: 2011-03-11 12:55:22
On the basis of the survey of Thomson Reuters and the University of Michigan; consumer sentiment in March decreased by an extent, has not seen since the beginning of the...
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1.2 percent economic growth beside decreasing consumption in 2010
Date: 2011-03-11 12:54:23
According to the detailed datas of the Central Statistical Office; In the last quarter of last year, Hungary's GDP grew by 1.9 percent. Thus, in 2010, gross domestic product rose...
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The annual market crossed the HUF 21-billion threshold
Date: 2011-03-11 12:12:16
Chocolate bar retail sales augmented by 4 percent in value last year and surpassed the HUF 21-billion level. Volume sales in December 2009-November 2010 were at the same level as...
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Manufacturer brands bettered their position
Date: 2011-03-10 15:03:02
According to the Nielsen Retail Index, last year people spent HUF 9 billion on ham in the Easter holiday period – 6 percent more than a year earlier. As for...
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The producer price of the agricultural products increased by nearly 40 percent
Date: 2011-03-10 14:02:45
According to the Central Statistical Office; the producer price level of agricultural products was 39.6 percent higher in January 2011, than a year ago. In particular, the price level of...
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Franchise the Hungarian way
Date: 2011-03-10 13:53:27
A brand name that promises profit and buying a business concept – this is franchise. We find well-working franchises and failures in both the Hungarian FMCG and Horeca sectors. László...
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Poultry prices may increase by one-fourth during the Spring
Date: 2011-03-10 13:33:40
The poultry producers have been already forced to increase prices, but this is only the beginning: in the spring, chicken and turkey prices may increase by one-fourth. The Poultry Product...
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Honey-case: HUngary must also go by EU-rules
Date: 2011-03-10 12:51:09
Hungary is not permitted to use any other ingredients in honey-based products than what all 27 members of the EU are permitted to use. Endre Kardeván, state secretary of the...
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Germany increased its share in world trade
Date: 2011-03-10 12:36:50
The German export and import may reach its pre-crisis levels – shows the analysis of BGA trade organization. The researchers believe, that the strenghtening of euro will put a longer-term...
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(HU) GfK: Enyhén bővült az élelmiszer- és háztartási vegyi árupiac
Date: 2011-03-09 13:32:57
Last year, the food and household chemical product market increased by a modest, 1.4 percent on the basis of the turnover of retail stores – said Kozák Ákos, executive director...
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Hungarian Food Book: the introduction of the premium level will make the food industry more competitive
Date: 2011-03-09 13:17:06
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The number of bread and pasta manufacturing companies increased last year
Date: 2011-03-09 13:00:44
At the end of last year, 1,737 bread and pasta manufacturing companies were in Hungary, 5.8 percent more than at the end of December 2009 – reported gazdasag.hu on Wednesday...
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The amount spent on TV advertising further decreased last year
Date: 2011-03-09 12:50:33
Over the past year, 3 percent (58.3 billion HUF) less was spent on television advertising in the Hungarian market, compared to 2009 – said Nagy István Ottó, director of Ernst...
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FAO: fish breeding has reached its peak
Date: 2011-03-09 12:49:57
The industrial fish breeding increased by 6.6 percent annually over the past 30 years. The annual 0.7 kilograms per capita fish consumption, therefore, has now increased to 7.8 kilograms. But...
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E-billing spreads slow because of the absence of standard
Date: 2011-03-09 12:30:09
Although the electronic bill has a lot of economic advantages, it is spreading slowly in the Hungarian market – said Kőrös Zsolt, executive of Noreg Kft. on Wednesday at a...
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A new In-Store anlysis-method was designed with the support of the New Hungary Development Plan
Date: 2011-03-09 12:23:07
A new In-Store anlysis-method was designed with the support of the New Hungary Development Plan. There are plenty of factors influencing customers when it comes to their decisions on what...
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Changes in the regulation on environmental protection product fee?
Date: 2011-03-09 10:39:02
PricewaterhouseCoopers Kft. informed its partners about changes in the regulation of the environmental protection product fee. Manager Balázs Szük told that were not many significant changes in the regulation as...
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Women are more comfortable with community portals
Date: 2011-03-09 09:32:45
Hlf of the people between 18-64 who are persent on at least one community portal, get use these type of sites on a daily basis. On IWIW and Facebook, women...
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Ethics, health and toys
Date: 2011-03-08 21:54:45
It is difficult to find FMCG products which have been developed especially for small children, despite the fact that the average schoolchild has a monthly HUF 4,000 to spend. A...
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Drugstores
Date: 2011-03-08 21:53:59
Drugstores continued their conquest: sales in this retail channel improved by 4 percent in value and by 5 percent in volume, reaching a market share of 26 percent (up 1...
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Complete renewal in terms of skin care
Date: 2011-03-08 21:27:59
In 2011 Dove improves its product portfolio paying even greater attention to the needs of the skin. From this year all shower gels will contain the NutriumMoisture™ formula and two...
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