Market News

Blockades for higher supplier price for apple

The producers want to give HUF 15-20 for one kilo apple, the growers would to get HUF 30 for it. Farmers want to make meetings faster by closing the roads....

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Almost 40,000 liters bum wine were found

The specialists of Hungarian Customs and Finance Guard hunted down wine forgers in Soltvadkert, where they wanted to put out 36,000 liter of false wine. The penalty will be HUF...

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Trade confidence index has increased

There was no change in the value of the GKI economic sentiment index, adjusted for seasonal effects, during August.  According to the survey conducted by GKI Gazdaságkutató Zrt. with support...

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Most good are delivered by train

In quarters I-II 2008, the volume of transported goods grew by 3%, while the performance expressed in freight tonne kilometres increased by 6% compared to the same period a year...

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Do we know what teenegers say?

Platform of Hungarian Consumer presents its new conference on 1th October about Hungarian Consumer under 18 .  How could we reach and adress the youth under 18 years? How do...

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Dunacenter construction works to start in September

The shopping mall built on the site of the former textile factory with HUF 6 billion cost, open next autum for public.  The Dunacenter offers in the first construction phase...

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Roadblocks Over Milk Prices at Entremont-Allieance

Farmers have blocked Entremont-Alliance's distribution sites in the region since last week over the row, and only withdrew from a main site under threat of police intervention.  French farmers have...

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15 Dead in Food Poisoning in Canada

Fifteen deaths in Canada have now been linked to listeriosis, health officials confirmed. There are another 29 suspected cases, officials told reporters, and Agriculture Minister said the government expected more...

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Bakeries to close

The bakery companies can't enforce the higher raw material and energy cost. According to specialists 10-15% price increase would be necessary.  The Agrar Europa Kft., an analyst and adviser firm...

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Leader of Tokaj Kereskedőház died

The 53 years old Laszlo Kiss was the chief executive officer of the 100% state owned Tokaj Kereskedõház Zrt.  The specialist was the CEO of the company since 2002, before...

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Global TV shipments up rapidly

Global TV shipments improved a robust 11 percent Y/Y to 47.5M units in Q2'08, which was up 3 percent Q/Q, with better than expected shipment growth in North America. LCD...

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Hungary bottled water consumption to double

Hungarians drunk 103 liter pro person in 2007, the United Arab Emirates glugged through 260 litres per person last year, it has the first place on the rank.   The...

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Jump For Retail Sales In July

Retail sales in the UK reported a surprise jump in July, rising by 0.8% month-on-month, according to figures from the Office of National Statistics.  The news surprised the sector, which...

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Let's go to do Businesses in Southeast Asia!

While China and India continue to grab the headlines, many of those businesses are seeing a rapid increase in profit levels from elsewhere in Asia – in many cases outstripping...

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PARKcenter mall in Kazincbarcika

The Austrian Center Management Invest (CMI) invested HUF 2 billion into the building of the shopping mall.The firm works since 8 years in Hungary, the first shopping mall were build...

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HUF 700 million for wine marketing

The wine sector and the wine marketing comitee gave HUF 8 million for populize the „froetsh”, drinking wine with soda. After a long time discusse the segment has an agreement...

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Huge Food Prices Increase in the US

Food prices are forecast to rise by 5 percent to 6 percent this year, making it the largest annual increase since 1990. Just last month, USDA forecast food prices would...

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FAO Food Index on lowest level since January

The wide crop of grains decreased the index, but dairy products and sugar is more expensive as before.  An FAO index of 55 basic foods averaged about 212 points in...

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New Shopping Mall in Szeged

According to the plans the construction works begins next March in the Arkad shopping mall, with 35,000 sqm retail area.  Developing costs are 70-100 million euros, the constructor Einkaufs-Center Szeged...

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Lidl likely to open in Switzerland

The retailer's current plans were to launch in the Swiss market in summer next year, opening a “manageable” number of stores simultaneously.   Retail sales in Switzerland rose by a...

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Responsible advertising of food industry

A new Federal Trade Commission report finds that the nation's largest food and beverage companies spent about $1.6 billion in 2006 to market products to children and teenagers.  The report,...

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Chocolate got more expensive in the US

The wholesale prices are an average of 10% higher, and it's almost inevitable that consumers will pay the toll soon when they buy candy at the grocery store.  The prices...

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U.K. Brewers Try to Tap Women's Market

British beer sales fell about 4.5% in the second quarter to 7.85 million barrels from 8.22 million barrels in the second quarter a year earlier, according to the British Beer...

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European economy contracts

Gross domestic product fell by 0.2pc in the eurozone. The fall compared with GDP growth of 0.7pc in the first quarter, and provides further evidence that the worst of the...

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Garlic from Mako – price dropped

Because of the good weather the crop is better in value and also in volume. The price pro kilo is the half as the waited HUF 400. Normally 70% of...

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Information point for consumer protection in WestEnd City Center Mall

The invent of the WestEnd Consumer's circle want to build up a fast, uniform system with high level of consumers' trust that could be an example throughout the country.  ...

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New orders of the branches of manufacturing increased by 2.6%

In June 2008, the industrial gross output decreased by 0.3% compared to June 2007. In the first six months of 2008, the volume of the production was higher by 5.6%...

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Aggregate grains crop is expected to be over 16 million tonnes

Hungary is likely to produce a record maize harvest this year, it could exceed 8 million tonnes. The maize crop last year dropped to just over 4 million tonnes due...

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Huge International Investments in Romanian Retail

International retailers continued to expand in Romania, investing over E160m on store openings in the first six months of 2008. The hypermarkets and discount chains were the most dynamic segments....

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