Market News
A growing interest in social shops, a new store in Miskolc
Date: 2009-04-21 07:11:10
A new social shop has just opened in Miskolc, the nineteenth in the country already, where products come directly from the growers. Prices are lower than usual in these so...
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Hungarian Agraracademy last weekend
Date: 2009-04-21 06:59:59
Representatives of Hungarian agriculture and food industry gathered for a two-day long program last week in Pápa. According to József Gráf agricultural and rural development minister, 2010 is going to...
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Exxon Mobil overtakes Wal-Mart to top Fortune 500
Date: 2009-04-20 03:47:54
Exxon Mobil Corp. unseated Wal-Mart Stores Inc. in the 2009 Fortune 500 list, shrugging off the oil price bubble and weathering what the magazine called the worst year ever for...
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Nearly one billion euro sales on the Romanian beer-market
Date: 2009-04-20 03:04:50
The four multinational companies of the Romanian beer-market are closing a year with a nearly one billion euro sales – as announced in the Friday issue of Ziarul Financiar. Eighty...
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Domestic FMCG market turndown in Q4 in 2008 and in the first two months of 2009
Date: 2009-04-17 03:21:13
Daily consumer-products value has rosen faster than inflation, yet in October when worldwide economic crisis had been announced, the market fell back with 3.7 percent – a survey called Commercial...
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Garantiqua raising guarantee limit to 90 percent
Date: 2009-04-17 03:18:26
Garantiqa Hitelgarancia Ltd. has raised its guarantee limit from 80% to 90% for companies whose loans do not exceed their annual payroll costs, and the EU has accepted the company's...
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Lack of poultry-products on the Hungarian market
Date: 2009-04-17 02:59:16
Deficiency may take shape in the next months when it comes to certain chicken products on the domestic market as inland demand for certain poultry meats is getting more and...
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Prices falling in Spain, too
Date: 2009-04-16 04:17:42
Prices have been confirmed to have fallen in Spain for the first time in March, down by -0.1% in the annual IPC released by the INE, National Statistics Institute. The...
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At least eight organic farmers a month are quitting their scemes
Date: 2009-04-16 04:14:12
At least two organic farmers a week are leaving the movement as consumer demand for premium food stagnates and costs rise – according to The Guardian1s article, this tendency continues....
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Senior citizens and young people are not likely to change their shopping habits
Date: 2009-04-16 04:07:10
With the latest news showing that most Americans are continuing to hold back on spending, it looks as if Gen Y and senior citizens may be the exceptions, according to...
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Food-to-Go shoppers say quality is more important than price
Date: 2009-04-16 03:53:54
Shoppers who buy food and beverages to go are more concerned about quality and freshness than price – according to a new consumer trends report released by United Kingdom-based IGD....
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Agricultural Chamber says a good crop is to be expected
Date: 2009-04-16 03:50:25
Due to the sudden warm spring, nearly all hosts involved in agriculture have fallen behind with their work to do, including plant-protection – the Hungarian Agricultural Chamber has pointed out....
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Online marketing blooming in Hungary
Date: 2009-04-15 09:50:12
2008 saw a 7 percent increase in the amount of money spent on advertisements, with online marketing gaining a 10 percent part of the entire market – Hungarian Commercial Association...
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Free counsel-series on environment protection product-fee
Date: 2009-04-15 09:42:26
The amendment about the environment protection product-fee came into force on 1st January, still there are numerous questions about it to be answered within the compass of a free counsel-serie...
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Food prices increased again
Date: 2009-04-14 09:51:32
In March 2009 consumer prices increased by 0.5% compared to the previous month and rose by 2.9% compared to March 2008, according to fresh data by KSH, Hungarian Statistical Office....
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Food Codex violating competition-rules according to Hungarian Competition Authority
Date: 2009-04-14 09:44:47
Food Codex has only been signed on Thursday, yet the Hungarian Competition Authority is examining the agreement as certain details may be viewed as a restraint of competition. Hungarian Competition...
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Tunafish being popular in spite of increased prices
Date: 2009-04-14 09:43:16
Even though tunafish-prices have increased in the past few months, there is az increased interest in buying tuna as well. Alliance Tuna International, Inc. from the Philippenes have announced a...
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Balaton-wines received most awards again
Date: 2009-04-14 09:39:33
Wines from the Balaton-area have received most awards at one of the strictest international wine-competitions Vinitaly inVerona, Italy. Seven out of thirty Hungarian competitors have received Gran Menzione-award, and four...
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87% of shoppers are making changes in reaction to the recession
Date: 2009-04-14 09:35:57
87% of UK households are making changes in reaction to the recession – according to new research by Shoppercentric, an independent agency specialising in shopper behaviour research With more than...
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New EU-rule scaring Hungarian wine-experts and manufacturers
Date: 2009-04-14 09:32:51
European Union is about to launch a new regulation which may mean serious danger to Hungarian winery, allowing manufacturers to produce rosé by mixing red- and white wine – Hír...
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Slovakian customers doing all major shoppings in Hungary
Date: 2009-04-14 09:29:08
More and more stores in Győr allow customers to pay in euro, whereas Slovakian supermarkets near the border are missing their old customers and see a 40 percent decrease in...
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Fifty percent of Central-Europeans are pessimistic
Date: 2009-04-14 09:23:18
Almost 50% of Poles, Czechs and Slovaks fear that the world crisis will affect their families’ future, according to the March-results of a poll released by CBOS. Forty-eight percent of...
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Wine distillation support from EU source
Date: 2009-04-14 00:06:14
Those producers who has a fix delivery contract with commercial distilleries can receive wine distillation support. According to the statement of the Agriculture and Rural Development Office, an applicant is...
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Consumer-expectations deteroriating according to GKI
Date: 2009-04-10 10:08:02
Consumers are even more pessimistic in now than they were months ago – according to the forecast of GKI Economic Research Co. prepared in co-operation with the European Union. Since...
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Food Codex finally signed
Date: 2009-04-10 10:05:10
After much waiting, the Food Codex has finally been signed on Thursday. 80% of products would be of Hungarian origin starting from 1st July. As known codex-trials bled between dealers,...
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Instant food and sandwich materials benefit from the crisis
Date: 2009-04-10 09:57:33
Mega-manufacturers with a variety of brands (like Kraft and Nestle) are benefiting from the recession as at-home dining is on the rise – says a London-based consumer market research firm...
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No change in the price of cereals and grain in general
Date: 2009-04-10 09:53:50
The second greatest grain-production of history is about to come, but there is no effective demand due to the crisis, so grain-prices are not going to change – Hungarian Agricultural...
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Fashionable coffee-drinks for young people produced a 20 percent rose in Germany
Date: 2009-04-10 09:45:24
Germany's coffee sales rose by 7,140 tonnes on the year in 2008 to 519,160 tonnes, Germany's coffee industry association pointed out. New, fashionable coffee drinks and an expanding coffee shop...
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American retail-chains doing slightly better
Date: 2009-04-10 09:41:59
Sales at U.S. retailers declined less than expected in March in a sign that shoppers may be regaining confidence to open their wallets after more than a year of recession....
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Glass-scandal still going on in Sweden
Date: 2009-04-10 09:39:51
The Chief of Security for the trade federation representing Sweden’s supermarkets believes the incidents of glass found in meat products over the past fortnight may have been inserted into the...
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