Market News
Olive oil marketing the Italian way
Date: 2010-02-14 08:00:00
The olive oil and wine producers of the Italian province of Imperia turn to the Hungarian, Czech and Polish markets for new sales opportunities. The chamber of commerce invited purchasers...
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Time travel at Christmas
Date: 2010-02-14 08:00:00
The end of last year will not be remembered for an abundance of presents. Most families celebrated modestly with a smaller Christmas tree and fewer or cheaper presents. Traditionally, December...
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Turkey sales plummeting
Date: 2010-02-14 08:00:00
It seems that demand for cheaper poultry also started to shrink: last year poultry processing companies bought only 1 percent less chicken meet from breeders, but at a 6-percent lower...
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More wine, but less beer sold in the first nine months of 2009
Date: 2010-02-14 08:00:00
According to GfK Hungária’s ConsumerScan, in the alcoholic beverages category households bought 6 percent less beer than in the same period of 2008, but as average prices were slightly up...
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Thoughts on C.S.R.
Date: 2010-02-14 08:00:00
CSR is a positive way of thinking as well, one that leads to some kind of self-cleansing. Badly interpreted CSR and promotions hidden behind the mask of CSR will soon...
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The own branded products market is a 300 billion market
Date: 2010-02-12 00:02:03
Almost every fourth forints that the costumers spent, went on the purchasing of own branded products last year. This is approx. 300 billion HUF – sets Nielsen market research company,...
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Slowly the spring will come in the Hungarian economy
Date: 2010-02-12 00:01:45
The tempo of the decline in retail turnover can slow down, decrease will stop in industrial production and sales – indicates the publication of Ecostat Economic Research, called Mikroszkóp. According...
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Hungarian paprika in Japan
Date: 2010-02-12 00:01:11
Hungarian peppers are grown in Szolnok’s Japanese twin town: in Yuza. The vicinity of the town became an important pepper-growing area within the country, so there is a chance that...
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Third of the adult population in Hungary celebrates Valentine's Day
Date: 2010-02-12 00:00:02
Some people think that Valentine's Day was invented by the lingerie, chocolate, balloons, and plush teddy bear manufacturers. Valentine's Day is a big business and the supermarket chains are eager...
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The crisis and the bad weather worsened the performance of agriculture last year
Date: 2010-02-11 00:04:58
The agricultural performance declined in 2009 to its one-third – said Gőgös Zoltán, the Secretary of the Ministry of Agriculture and Rural Development, on the event of the Pest County...
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Less credit applications for greater amounts
Date: 2010-02-11 00:04:25
According to the datas of the Hungarian Development Bank; the borrowing mood of the companies decreased, but the value of credit applications increased. The average of the previous loan applications...
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Sustainable growth can cost tens of thousand billions
Date: 2010-02-11 00:04:02
According to the report of the Business Council for Sustainable Development (WBCSD), consist of 29 large companies; The shift to sustainable development generates huge market demand and business opportunities worldwide....
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Swiss chocolate manufacturers closed a bitter year
Date: 2010-02-11 00:03:02
The crisis affected badly the turnover of Swiss chocolate manufacturers: according to the trade association of manufacturers; for the first time in six years, the sales volume and revenue also...
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Men have better salary than women at all age of groups
Date: 2010-02-11 00:01:28
In Hungary, men and those people have the highest salaries, who are facing with retirement. The average income for men in all age of groups is higher, than the salary...
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Improving sentiment in the euro area
Date: 2010-02-11 00:00:38
The business sentiment in the euro area improvemed further in January this year. According to the datas of the German IFO Institute for Economic Research; the comprehensive business sentiment indicator...
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Last year – with a significant surplus – foreign trade turnover declined
Date: 2010-02-10 00:04:01
According to the preliminary datas of the Central Statistical Office; the value of export was 16 729 billion HUF, while the value of import was 15 439 billion HUF last...
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Concentrated beer market
Date: 2010-02-10 00:03:02
According to the analysis of Plato Logic market research company; Due to the company acquisitions, now the four largest brewing group give more than half of the world’s beer producing....
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Now, it is certain: China is the world's largest exporter
Date: 2010-02-10 00:01:25
Due to the 18.4 percent decline in exports of last year, Germany has lost the world's leading exporter title. Currently China is the world's largest exporter – reported the German...
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Beer consumption is good against osteoporosis
Date: 2010-02-10 00:00:02
The Department of Food Science of the University of California has good news for beer lovers. The silicon is key to the increasing of the bone’s density and thus plays...
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Wine Marketing Renewal
Date: 2010-02-09 00:02:28
According to Tornai Tamás, the President of the Hungarian Grape and Wine Association (MSZBSZ); to maintain the annual 3 million hectoliters traffic of the Hungarian wine, a concerted Wine Marketing...
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Hungarian National resources are not enough for EU supports
Date: 2010-02-09 00:01:40
Hungary currently has no country-wide development policy, in addition to EU funds it can not be used as it should – said Parragh László, the President of the Hungarian Trade...
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China: 270 million new credit card in a year
Date: 2010-02-09 00:00:32
According to the Chinese central bank; The Chinese consumers last year, purchased with credit card in a value of more than 24 trillion USD, one-third more than in 2008. The...
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Negative sentiment in the euro area
Date: 2010-02-09 00:00:22
In the euro zone the SENTIX index decreased instead of the expected -3.2 points to -8.2 points in February from the earlier -3.7 points. The index first declines since July...
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Slovakian industry has the momentum again
Date: 2010-02-09 00:00:05
The industrial production in December increased by 11.9 percent in a year in Slovakia – announced by the Slovakian Statistical Office. The analysts expected only an average 5.6 percent growth....
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A decrease in the average retail price of milk
Date: 2010-02-08 00:01:29
According to Nielsen; More sold from the milk products with high volume in 2009, than in 2008. Retail turnover increased by 10 percents in the case of cheese, fruit yogurt...
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Industrial production fell last year to the bottom
Date: 2010-02-08 00:01:22
According to the preliminary datas of the Central Statistical Office; the volume of industrial production was 17.7 percent lower than in 2008. The industrial production, compared to the same period...
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Farm goods in Budapest
Date: 2010-02-08 00:01:08
Farm goods store opened in Budapest on Saturday. The shop aims to market only farms producing food, produced by the farmers. Chladek Tibor, creator and owner of the shop, that...
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Cheaper wine test helps the marketing of wine
Date: 2010-02-08 00:01:00
Good news for the domestic wine-makers: from February, especially in the cases of high-quality wines, the test before the marketing of the products, will cost only 24 thousand HUF, instead...
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Unpleasant Christmas surprise from Germany
Date: 2010-02-08 00:00:18
Germany’s industrial production had fallen sharply in December, in spite of the analysts’ expectations of a slow growth. According to the datas of the Ministry of Economic Affairs; the output...
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China do not need the U.S. chicken leg
Date: 2010-02-08 00:00:02
Beijing introduces anti-dumping duty on imports of chicken meat from the United States, from the 13th of February. According to the Chinese position; the United States filled China with chicken...
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