Market News
Chaotic prices in the shops because of the VAT increase
Date: 2009-07-10 00:22:00
Only at the end of July will be orderliness in the retail price system, because the chains are reviewing individually the pricing of each category of products as well as...
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The return to the Russian market will not necessarily help Hungarian meat industry
Date: 2009-07-10 00:19:00
The big question is that how the companies, interested in pork meat exports, can live with the return chance to the Russian market. Currently, it is almost impossible to satisfy...
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Source deficit in the Hungarian agriculture
Date: 2009-07-10 00:13:00
To obtain credit in agriculture is harder than in the past. Due to the effect of the crisis resources decreased by around 15-20 percent – stated Gráf József Minister of...
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On an annual basis Romanian retail sales decreased by 12.3 percent
Date: 2009-07-10 00:04:00
A record fall back occured in the Romanian retail sales in May, mainly due to the decrease of the vehicle sales. Food retail declined below the average. According to the...
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Collaboration in the prevention of alcohol abuse
Date: 2009-07-10 00:03:00
A cooperation was called to life against excessive alcohol consumption, with the participation of Heineken Hungária Zrt, the European Youth Research and Communication Center (EIKKA), Est Média Group and Sziget...
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The mineral water market is still strong
Date: 2009-07-09 00:29:00
Despite the crisis, the Hungarian mineral water market was characterized by stability in the past year. Between May 2008 and June 2009, in value 45 billion HUF were spent on...
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Employers can save 123 thousand HUF per year
Date: 2009-07-09 00:15:00
According to Bessenyey Bálint, Executive Director of the Sodexo Pass, despite the taxation of fringe benefits, the existing system will still be more favorable to the employers, than wages. From...
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Money refunds to customers
Date: 2009-07-09 00:12:00
In Hungary two companies have the same service; The ScienNet and the Lyoness are building on the same idea: if the strain buyers are purchasing in the contracted partner shops,...
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Several Garage shops to open
Date: 2009-07-09 00:06:00
According to Transdanubian datas – while housing market continues to stagnate – over the past few weeks, the interest has been dramatically increased almost in the entire region after cheap...
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The European Commission will help the dairy farmers
Date: 2009-07-09 00:04:00
A proposal was made by the European Commission that the period of intervention in the cases of butter and skimmed milk powder should be extended because of the crisis in...
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The European Court of Justice will be judge the criterias of the individual products
Date: 2009-07-09 00:03:00
The European Court of Justice decided that chocolate can be individual, if different from the norms of the industry. According to the decision, the form of Bounty's chocolate slice cannot...
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German industrial orders has been increased
Date: 2009-07-09 00:01:00
The highest rate of growth in the last two year was produced by German industrial orders in May, surpassing the April stock by 4.4 percent. The impressive growth rate is...
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Hungarian meat exports to Russia get a green light after one year
Date: 2009-07-08 00:32:27
The Russian veterinary and phytosanitary supervision lifted the temporary export restrictions affecting four Hungarian meat processing companies. Gilyán György, Hungarian Ambassador in Moscow has already received a promise earlier that...
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Food waste of the developed world could save the hungry
Date: 2009-07-08 00:22:00
According to the most recent calculations, the population of Europe and the United States builds up enormous amounts of food waste: the amount of ordered but did not consume food...
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Information on the intake of calories quantity
Date: 2009-07-08 00:20:00
The consumer protectors have long been treating as a priority target the various fast food chains. Last year in the states of California and New York, larger fast food chains...
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Coface expects larger downturn than expected
Date: 2009-07-08 00:12:00
Coface expects the global economic downturn, a total of 6.6 percentage points for the period between 2007 and 2009, which is a larger downturn than formerly expected. According to the...
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The benefits of Mediterranean diet
Date: 2009-07-08 00:04:00
According to studies; the Mediterranean diet strengthens the immune system, reduce risk of cardiovascular diseases and cancer. The basic of the diet is consist ofvegetable dishes: cereals, dry legumes, nuts,...
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In-store advertising gaining popularity in times of crisis
Date: 2009-07-08 00:01:00
As clients question the effectiveness of advertising in conventional mediums, indoor advertising in supermarkets is gaining support and popularity. Marketers, retailers and media companies have attempted to make in-store advertising...
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Five-point improvement in consumer confidence in June
Date: 2009-07-07 00:25:00
Nielsen market research company's consumer confidence index improved to 45 points in June after the 40-40 points of May and April, and the 37 points of March. The consumer morale...
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Adapting to recession
Date: 2009-07-07 00:21:00
According to the forecast of GKI and Erste Bank, Hungary, Hungarian GDP is likely to drop by about 6.5 percent this year, but the external balance is set to improve...
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Loan guarantee for 189 billion HUF in 6 months
Date: 2009-07-07 00:16:00
The Garantiqa Loan Guarantee Ltd. reported assuming guarantee for 15,532 contracts amounting to 189 billion HUF on the loans of small and medium enterprises (SME) in the first half of...
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More milk and fish, but less fruit and potatoes were consumed in 2007
Date: 2009-07-07 00:08:00
According to the Central Statistical Office, food consumption per person was a total of 61 kg in 2007. The domestic meat consumption in 2007 was 63 kg per person. The...
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Melon market works well
Date: 2009-07-06 00:14:00
Due to co-operation of the Hungarian Melon Association and the HungarianFruit-Vegetable Marketing Organization (FruitVeB) previous years' disturbances on melon market has been eliminated this year. According to Mártonffy Béla, Executive...
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Apricot directly from the producer
Date: 2009-07-06 00:09:00
Although this year's apricot season started with high prices, Tisza-side producers continued their fruit offers in the capital. After strawberries and cherries, now they are selling apricot directly to consumers,...
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Euro zone retail decreased
Date: 2009-07-06 00:05:00
The retail sales in the euro zone decreased in May higher-than-expected despite the April growth. Turnover decreased by 0.4 percent in May. The annual rate also decreased above the expected...
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This year, EU's grain production will decrease
Date: 2009-07-06 00:03:00
According to the new forecast of Coceral which is the Organisation of Producers, it is expected that 285.27 million tons of grain will be harvested this year in the European...
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Agriculture Ministers and the EU, believe that freshwater and pond fishing is the future
Date: 2009-07-06 00:01:00
Fishing is one of the most promising sector in agriculture. According to Ministers of the EU, freshwater and pond fishing has a greater option than sea fishing – said Gráf...
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Retail food sales increased in value, but decreased by volume
Date: 2009-07-03 00:24:00
According to Nielsen market research company, retail food sales increased by 5 percent betwen June 2008 and May 2009 compared to the same period of the previous year, while volume...
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Hungarian manufacturing industry continues to decline
Date: 2009-07-03 00:23:00
The seasonally adjusted volume of the Purchasing Manager Index (BMI) is 45.8 percent in June, which is 0.4 percentage points higher than the to 45.4 percent volume of May, but...
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Cafeteria – after the tax changes
Date: 2009-07-03 00:20:00
Cafeteria providers, will not migrate out of Hungary but the expected decline in revenues will force them to re-design their cost structure and services. According to Rajné Adamecz Ildikó, partner...
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