Market News

The Hungarian Trade Association asks the governement to think about new consumer protection fines

The association said it's nonsense that the National Consumer Protection Authority would give fines after yearly sales of the company.  The authority's yearly report said that the fines should be...

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Gammon sold mostly in Supermarkets

Costumers regulary choose to stand in line at the counters, while the fresh products are 40% cheaper as shrink-wrapped.  One third of yearly gammon shopping realized at Eastern, costumers buy...

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Consumer protector against the new law about consumer protection

The disposal would broaden the authority's tether, but derogate the other craft union's.  According the new disposal there will be more and harder consumer protection supervising, the authority's tether would...

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Burberry and Gucci open their stores on Andrassy street

Soon opens Burberry's shop near to Louis Vuitton, Gucci plans its store near to Opera in the former Wahrmann palace, under reconstruction now.   One of the first arrival swas...

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Asda Calls For Government To Cut VAT

The retail company offers to reduce VAT on 100% fruit juices and smoothies to 5% Asda has launched a campaign to cut VAT on fruit juices as it says the...

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Ecostat: After Stagnation in Spring, retail quickens in Summer

Annual inflation in July this year is expected slow to 5.9 percent, economic research institute Ecostat said on Thursday. Inflation in February came in at 6.9 percent, according to the...

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Hungary industrial output rose 6.1% yr/yr in January

Unadjusted figures show a 10.9% rise in exports and no change in domestic sales compared to January 2007. Hungary’s industrial production rose 6.1% in January compared to a year earlier...

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M&S Demos Go Global

Unite the union step up its campaign for workers in M&S's meat supply chain with international and national demonstrations outside M&S outlets.  Demonstrations took place across the UK including Northern...

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Nespresso to plan 2 billion sfr sales for 2008

Nespresso was Nestle's fastest growing business with sales rising by more than 40 pct. Based on previously published figures, this would take total 2007 sales up to around 1.6 bln...

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Piramis Center- new chain of strip malls outside of Budapest

Casaro Hungary builts its first mall in Tiszaujvaros. The constructions works of the 6,000 sqm building starts in April, open is planed in November.   The first mall will be...

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Tetra Pak and WWF Hungary's competition was popular

8,000 pupils take part on the competition's first round. 280 groups go ahead to the second round, where pupils have to make posters about environment protection and making photos about...

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Supermarkets More Popular Than Ever With British Consumers

More people than ever before in the UK, are shopping at supermarkets for items other than food, reveals new research from Verdict Consulting, a specialist division of Verdict Research reveals....

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Chain-reaction because of disel prise increase

The fuel prise growing means almost 5% increase at logistic services.  For farmers, using a lot of diesel fuel at working on fields, the cost increase is minimum 20% on...

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The Chamber of Agriculture wants to make the land ownership more transparance

The new bill would strong the right of tenats against landlords and would stabilize the growth. The Hungarian Chamer of Agricultur said the government should make a bigger transparency at...

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Tax Modification from 1. Mai

The new tax modifications simplify the tax law and makes it more exact in some point. The modification respects product import rules, and the invoices in case of import. Most...

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Agrana will not close the plant in Kaposvar

Magyar Cukor Zrt. produce yearly 105,000 tons of sugar.  Agrana focus its activities at its Kaposvar facilities, in the attempt to make production as efficient as possible. Last years the...

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Toxic pirot and fish toy figures

One on the toys elements causes allergy, asthma and hormone disorder.Food safety agency's control last week found two toxic toys, the toys in value of HUF 400,000 are delivered back...

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Henkel ad contract with Gabor Talmacsi motorcycle world cup champion

The breezy, inimitable Talma is an excellent choose for adding the modern, well-kept, sporty man using Henkel and Schwarzkopf products. Gabor Talmacsi said, he is proud to work together with...

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HUF 10 million fine for three „Paprika company

According to Competition Watchdog dealers mystified the consumers. The Competion Watchdog started processes against Házi Piros Paprika Kft., Szegedi Paprika Fûszer- és Konzervgyártó Rt., Kalocsa Fûszerpaprika Rt., Naturalpár Kft. and...

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Life and casualty insurance is the must public „cafeteria” element

A wide spectrum of Hungarian employee are searched by Workania jobportal.   Since 1 of October there are jobdatas of 56 employee on www.merces.hu. The daily freshed website has every...

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Consumer Rights Weeks – for conscious shopping

International Consumer Rights Day on March 15. is celebrated with more than 50 programs in whole Hungary organised by National Association for Consumer Protection in Hungary. Public forums, counseling in...

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Consumption growing under inflation

According to GfK's trade analyze consumers bought last year more cheaper, privat label products as a year before. The tendence started in 2000, from this time people buy privat label...

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3 tons of meat at an illegal meat-packing in Gyal

The small plant worked without any permession, its products were sold on market and in stores about.At the illegal meat-packing sausasseges, bacon, smoked meats were produced, the authority gives HUF...

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Farm-gate prices rise 35.2% in January

According to the Central Statistics Office (KSH) the farm-gate prices rose 35.2% year-on-year in January, as prices for crops jumped 49.9% and livestock prices increased 17.2% in twelve months.  Farm-gate...

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97% Of UK Web Users Have Made A Purchase

More than 85% of the world's online population, including 97% in the UK, has used the internet to make a purchase, according to the latest Nielsen Global Online Survey. This...

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Food industry companies are seller in Slovakia

Investors are interested in companies producing vegetable and defatted meat products. The private equity group Penta Investment acquired another Slovak meat processing company, PM Zbrojniky, about a year ago is...

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Kopint-Tárki lowers 2008 GDP forecast

Economic think-tank Kopint-Tarki has lowered its forecast for Hungary's gross domestic product (GDP) growth in 2008 from 2.5 percent to 2.2 percent. It raised its inflation projection for 2008 from...

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UK retailers add beverages

Two of the largest UK retailers, Tesco and Marks & Spencer are expanding their private label offerings in ales, wines and ciders. Tesco has introduced three ales and four ciders...

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Developing the AsiaCenter for 60 million euros

The expandition starts next year, the 70,000 sqm center building will be ready by 2011, until this time 1,000-1,500 new chineese company will starts working in Hungary.  The Branded Chineese...

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