Market News
Hungary seeks for the full utilization of EU funds
Date: 2012-03-08 11:30:10
Hungary seeks to reach the one hundred percent utilization of EU funds, even though the economic crisis has slowed the progress of the programs – told the National Development Agency...
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Colliers: retail area barely expands this year
Date: 2012-03-07 13:20:52
According to the latest retail market report of the Hungarian office of Colliers International, domestic demand has not changed appreciably during year 2011. The retail sales stagnated between January and...
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The weak industrial production data of January surprised the analysts
Date: 2012-03-07 13:10:18
Analysts are surprised by the weak industrial production data for January, because they expected higher production levels, and although they can not see clearly all processes, they consider that this...
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Ministry of Rural Development: support to the dairy farmers and rice growers
Date: 2012-03-07 12:52:39
The Ministry of Rural Development (VM) announces again this year the support for dairy farmers to manage their specific disadvantages, and introduces the special rice support. With the total of...
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Women earn one-fifth less than men
Date: 2012-03-07 12:50:56
In Hungary, women earn 21 percent less than men on average – shows the latest online salary survey of fizetesek.hu, operated by the Workania job portal. The company told MTI...
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The Good CSR program is the supporter of the WWF Danube-protection program
Date: 2012-03-07 12:30:04
The community of responsible companies, the Good CSR program has been renewed. Thanks to the conversion, beside the colorful and meaningful program elements, the member companies jointly support the WWF...
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German industrial orders decreased by 2.7 percent in January
Date: 2012-03-07 12:20:08
German industrial orders decreased by 2.7 percent in January, calendary and seasonally adjusted, after the 1.6 percent increase of December – the German economy ministry announced on Wednesday. Analysts expected...
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Magazine: Price reductions and promotions are most sought for by women
Date: 2012-03-07 12:18:28
GfK Hungária Shopping Monitor 2011–2012 shows that shopper expectations about stores change both per demographic group and with time. For many years customers have been mentioning product quality and freshness,...
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The Czechs still like to purchase abroad
Date: 2012-03-07 12:01:23
More than a quarter of the Czechs regularly goes shopping abroad. The Czechs buy mostly clothing, food and consumer electronic goods in the neighboring countries, in Poland, Germany and Austria...
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UN expert calls for junk food tax
Date: 2012-03-06 16:22:15
Unhealthy snacks and soft drinks should be taxed to fight bad eating habits in rich countries, the United Nations’ chief nutrition expert said in a report on Tuesday. At the...
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Magazine: Energy drink distributors chose the price war
Date: 2012-03-06 13:00:32
Despite the government’s decision to impose a public health product fee (NETA), the price of energy drinks did not increase yet. Instead a fierce market competition, a price war started...
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KSH: last year’s GDP was 4 percent smaller than in 2008
Date: 2012-03-06 13:00:02
According to the joint flash estimate of KSH and Ecostat, Hungary's gross domestic product (GDP) rose by 1.7 percent in 2011, but despite the growth, the performance of the economy...
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Long-term egg shortage to come?
Date: 2012-03-06 12:59:48
Eggs can be twice as expensive this year’s Easter than a year ago. No matter how incredible it is, Hungarians should prepare for a long-term egg shortage in Hungary, the...
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Agriculture is the Engine of Investments
Date: 2012-03-06 12:45:09
Agricultural investments rose significantly by 11.7 percent in 2011. Investment in the processing and food industries also increased by more than 24 percent. The increasing willingness to invest is due...
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Video Purchasing to start in China
Date: 2012-03-06 12:01:08
From the next week, the Chinese customers can purchase by clicking on products in videos at the largest virtual market place. The e-commerce market leader, the Alibaba Group introduces a...
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One million dollars to anyone who serves the artificial grilled chicken first
Date: 2012-03-05 12:41:25
Special dishes will be served June this year at an unusual food competition in Washington, where the chefs this time will be physiologists and biologists, while the grand prize will...
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Sheep and beef cattle breeding support program was launched
Date: 2012-03-05 12:40:30
Ruminant restructuring program was launched. The new scheme is expected to affect 12 thousand farmers – mainly sheep and beef cattle breeders – who can claim for a total of...
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Food Safety – 13.6 million HUF fines in Veszprém county last year
Date: 2012-03-05 12:35:22
13.6 million HUF food chain surveillance and food inspection fines were imposed by the Food Chain and Animal Health Directorate of the Veszprém County Government in 2011 –Székelyhídi László, the...
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Volume of retail trade up by 0.3% in euro area
Date: 2012-03-05 12:05:58
In January 2012 compared with December 2011, the volume of retail trade1 grew by 0.3% in the euro area2 (EA17) and by 0.4% in the EU272. In December3 retail trade...
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Cattle Exports to Turkey Resume
Date: 2012-03-05 11:59:11
According to information received by the relevant Hungarian authority, Turkey is to revoke its ban on livestock imports from Hungary. The Turkish party has accepted the Hungarian authority's package of...
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GKI: Another about-face?
Date: 2012-03-05 10:56:04
Three and a half months after the announcement of the resumption of contacts with the IMF no agreement has been reached, not even about the opening of official negotiations. Hungary’s...
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Hard times for the U.S. shopping centers
Date: 2012-03-05 08:57:57
The shopping centers once were the centers of retail shopping, now they became the memorials of the “ancient” consumer habits. They already had some problems previously, but these days the...
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What on earth are we doing in consumers’ homes?
Date: 2012-03-05 00:12:52
Although different methods are used, quantitative and qualitative researches examine the same thing. This is the reason why it is worth integrating the information uncovered by these two types of...
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Future Store at FOODAPEST (part 1)
Date: 2012-03-05 00:02:37
More than 900 trade visitors ‘liked’ Future Store at FOODAPEST between 5 and 8 February. Trade magazin and Trade Marketing Club’s joint project created a store with 350m² of floor...
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Record spending on Valentine’s Day in the USA
Date: 2012-03-04 23:53:20
The average American spent USD 126.03 on Valentine’s Day – reported BIGinsight (USA); this constitutes an 8.5 increase from last year and is the by far the highest in the...
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Independent stores in Walmart units
Date: 2012-03-04 23:49:22
Walmart is the world’s number one retailer. With sales of USD 419 billion last year and 9,700 stores in 28 countries. This is why it is a significant step that...
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Domestic POPAI news
Date: 2012-03-04 23:45:40
Upon the invitation of POPAI Hungary, POPAI Italy’s general manager Massimo Volpe spent three days in Hungary from 15 February. On the fist day he spoke at a POPAI forum...
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Selling cake the creative way
Date: 2012-03-04 23:09:52
János Pataki ceremonially announced at UKBA that they are going to launch a big campaign, starting on 1 March. Its main objective is to bring customers back to confectioneries. The...
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AMC focused on two successful programmes at their stands
Date: 2012-03-04 22:54:30
Agricultural Marketing Centre came to FOODAPEST and UKBA with two stands on 300m², facilitating the presence of Quality Product from Hungary manufacturers and of companies that joined the Traditions-Flavours-Regions initiative....
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After the big day out
Date: 2012-03-04 22:48:38
Hungexpo organised FOODAPEST and UKBA together on 5-8 February. Despite the cold weather more than 11,500 people visited the event, where nearly 200 exhibitors showcased their products and services on...
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