Market News

Gherkins cured with mouse

The Slovene Mercator retail chain has to recall jars of pickled gherkins made by Hungarian Parmen Ltd., because a jar containing mouse remains. Mercator started preparing the documentation for the...

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In November 2007 the industrial gross output increased by 5.5%

The volume of the production was higher by 8.2% in the first eleven months of 2007 than in the same period of the previous year. The industrial export sales grew...

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Consumer price are increased higher az waited in December

In the food sector the prices of procecced products growth faster as the prices of comestible. In December 2007 consumer prices increased by 0.4% compared to the previous month and...

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Malls at the country side

According to Association of Hungarian Malls this year more shopping centers will be opened outside of Budapest.  Center Invest Ltd. plans 5 malls: in Godollo, Kaposvar, Keszthely, Nagykanizsa and Gyongyos....

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Daily 300,000 „Turo Rudis” by the time the Olympic Games

In mid January EU-Milk Technologies Kft is to start up a Chinese production line.   Within a year a combined Hungarian and Chinese company is expected to operate Rudis (a chocolate...

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Moskow to enrich its Food Producing

The transfer of arable land owned by the Defense ministry to agricultural producers will be speed up.  Russian First Deputy Prime Minister and most likely future president Dmitry Medvedev called...

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Changes at Agriculture Ministry

State Secretary for Agricultural Administration Fulop Benedek leaves the ministry, the organization will have a new State Secretary Miklos Suth.  In the future Fulop Benedek works at the State Treasury,...

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Nine swans dead as bird flu concern grows

Dead wild swans were found infected with the H5N1 strain of bird flu near to Dorset.  Defra has set up control and monitoring areas around the Abbotsbury site to try...

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Worldwide Fight against plastic bags

China made progress in the battle against bags, banning free plastic shopping bags, in the US stores have to collect back the used bags.  Australian Government move to scrap plastic...

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Price of grain and fruits pushed the index

In November 2007 the producer price level of agricultural products rose by 35.3 percent, compared to the corresponding month of the previous year. The price level of crops and horticultural...

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Industrial expectations deteriorated, consumer confidence improved

The seasonally adjusted GKI Economic Sentiment Index increased a little in December. The survey of GKI Economic Research Co.– supported by the European Union – shows that after a significant...

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(HU) Eredményes volt a hathetes akció

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Food retail shares under devaluation

According to specialist the business conditions in retail sector will be not better in 2008. The price must be cut.  British retailers suffered their worst holiday season in three years,...

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Interactive mirrors in American the stores

Retail stores spend $34.5 billion a year on technology, including electronic kiosks for customers. Besides product information and stock-checking, such assistive technology is set to provide apparel shoppers with a...

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Nutrition experts help retailers educate customers

The American Hy-Vee, for instance, employs 100 dietitians in about 70% of its locations. As consumers seek to become healthier, supermarkets can play a role in educating them about nutrition...

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Goodby optimism!

The population was more pessimistic about the economic environment at the end of 2007, than at the historical bottom in 2006. Seventy seven percent of the respondents saw deteriorating conditions,...

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Unilever Dutch and Belgium Opers to Come Under One Division

Unilever Benelux will now serve the Belgian, Dutch and Luxembourg markets as one of the first 'Multi Country Organisations' to be set up within Unilever Europe. Via this form of...

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Fake stock found in Kecskemet

The excise officers seized cigarettes, alcoholic drinks, petards and 10 kilos of fake stocks were found too. The specialists check now, that the case has or not a contact with...

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More than 300,000 unemployed in Hungary

The jobless rate for the 15-24 year old representing almost 20%. According to KSH the Hungarian jobless rate rises to 7.5% yr/yr in Sept-Nov from 7.3% in Aug-Oct. The number...

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Eurozone inflation over 3%

Annual inflation in the eurozone remained at 3.1% in December last year, the figure was the highest in more than six years.  Inflation in the eurozone had been rising in...

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FDA's safe sign for cloned animals' meat and milk

Still, many large food companies have said they are reluctant to sell products from cloned animals because of ongoing consumer concerns.  The U.S. Food and Drugs Administration (FDA) is expected...

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Price increase at sugar, soja and coffee in 2008

Some analysts predict that a rise in agricultural prices will continue, others warn that the boom could precede a depression. Soya bean prices have risen to their highest level in...

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Counterfeit alcohol is a growing problem in the UK

According to a new report of IPC, the fake drinks are often highly toxic. Criminals were finding new routes to market including the internet.  The International Federation of Spirit Producers...

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TV ads ban for unhealthy food and drink products in the UK

The measures were developed by the communications regulator Ofcom in response to rising levels of childhood obesity in the UK. A total ban on adverts for unhealthy food and drink...

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French are the least, Britons are the biggest fans of fast food

Overall the obesity problem is fuelling increasing concern worldwide although some are more concerned than others.  In terms of fast food, 45 percent of Britons agreed with the statement "I...

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Hungary manufacturing PMI rises in December

According to Hungarian Association of Logistics, Purchasing and Inventory Management PMI rose 1.4 points to 52.4 points in December 2007.  Hungary's seasonally adjusted Purchasing Manager Index shows faster growth of...

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