Market News

Tax free weekend kicks off in Massachusetts

Stores opened early and shoppers filed in looking to save a few bucks as state retailers celebrated a sales tax holiday for the fourth straight year.  The holiday means shoppers...

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The global market for premium beer is set for further strong growth

According to forecasts in the report Global market review of premium beer – forecasts to 2013, the global premium beer market will reach 655m hls in 2013, representing an increase...

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There isn't dioxin tainted food in hungarian stores

After seriously labour control there wasn't finding any unhealty guar-gum aggregate – said Lajos Bognar – deputhy chef vet. Until this time 47 product sample were checked for PCP, which...

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Czech Beer is sold very well

Beer production in the Czech Republic hit a record high in the first half of this year, according to recent figures. The Czech Association of Beer and Malt Producers (CSPS)...

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Summer balance – HUF 300 penalty because of food safety reasons

Authorities checked almost 20,000 places, the control will continue until the end of August. The most characteristic problem were hygienic and cool technologies, the missing date of expiry or products...

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343 firms come forward, Fornetti's products aren't poisoned

According to newest control there are no dioxin in products by Fornetti Franchise Ltd., last week Danone reported the same. Miklos Suth, chief vet said that products of Tesco, Stamag-...

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China will spend more than $1 billion improving food and drug safety

Last week, China's State Food and Drug Administration agreed with the US FDA to increase technical exchanges through seminars and training programs. According the chineese goverment large, new laboratory would...

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A new chineese product recall – this time a quarter of a million tires

Foreign Tire Sales of New Jersey has issued a recall for 255,000 Chinese-made tires, brands Westlake, Compass and YKS.  The company said that the tires lack a safety feature that...

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German soya drink recall in Hungary and Europe

German organic drinks manufacturer Natumi has withdrawn its chocolate soya drink from stores in Hungary and across Europe after the product was found to contain the guar gum additive. The...

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Enormous potential for sports nutrition market in Europe

There could not be a better time for companies to tap into the market, and pitch their products not just at professional athletes but to normal consumers too. According to...

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Grains and oilseeds will lead the surge, with annual average price increases of 16%

Surging demand for food, feed and fuels are combining with low stock levels to create extremely tight markets. Global agricultural commodity prices are booming. Prices, as indicated by the Economist...

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No more full trust in branded products

While product, packaging and branding are still key, consumer want products that deliver incremental health and wellness benefits coupled with an understanding of the impact of these products on individuals,...

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Reconstruction of Parizsi Nagy Aruhaz starts

The new building will open for the public at second half of 2008. The house on the Andrassy street is a national monument, the first mall in Budapest was open...

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2,000 tons dioxin tainted fruit concentrate was found in Germany

According to german authorities the product was non-traded yet. German authorities said that they had launched a massive hunt for food products that may have been contaminated with carcinogenics originating...

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Fake Beluga – with dangerous bacterias

The delicacy, which had been mixed unhygienic with cheaper varieties of caviar, was being sold in Moscow supermarkets. Russian food safety authorities confiscated and destroyed 270 kilograms of contaminated Beluga...

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Dioxin poisoned Czech apricot jam transported to Hungary

Friesland Hungaria made the first self announcement, that some of its products contain the jam, imported from the Czech Republik, which had a high dioxin level. The supervisors check 13...

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Already 8 companies use extended nutrition labeling

Eight multinational FMCG companis, Coca-Cola, Danone, Kraft Foods, Kellogg's, Mars, Nestlé, Pepsico and Unilever offers extended nutrition information on their products in Hungary too. The firms joined in will give...

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400 million euor bid for unfinished Arena Plaza

Active Asset Investment Management (aAIM), backed by Manchester United soccer team manager Sir Alex Ferguson, is to buy Arena Plaza, and has agreed to buy a portfolio of German retail...

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For the first half of the year 8,2% grow is detected

According the Central Statistics Office Hungary's industrial output jumped by 8.7% year on year in June, according to preliminary unadjusted figures and also according to figures adjusted for working days....

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Strength Union's regulation to stop foot-and-mouth disease

The European Union banned imports of livestock from Britain, includes all live animals, including cattle, sheep, goats and pigs, as well as all fresh milk and meat, which can transmit...

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List of the shame about staffs with flich

Only people with serious criminal or series foul could be on the list, and only after strangulated detection. In Hungary products in value HUF 100 billion are disappeared in the...

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Actions against fake clearances

The Hungarian Competition Authority gave penalty in value of million HUFs because two stores bade shoes with big price reduction alluded to fake bankruptcy proceedings. The supervising of the competition...

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China to launch nationwide food safety offensive

China will launch a nationwide crackdown and propaganda offensive to fight public alarm about unsafe food, the government announced. "The overall quality of our country's products has been steadily improving,...

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Black slaughters in region Vas

Between December and July 17 tons poultry were processed on the illegal slaughter houses. On the slaughter houses in Csákánydoroszló and Szentgotthárd, working without any permission, were more thousand poultry...

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Appearance of trade union will be stronger in the food industry sector

Trade union of the Association of Workers in food industry is protesting against Tortellino Ltd. and wrote a broadcast message.According to the declaration the company is breaking the labour standards...

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Multitudinous food-poisioning at hungarian Grand Prix

A thai buffet would be closed on saturdays evening, is suppliers will be checked too. According to information of Index news portal- thai chicken menu gave rise of poisoning.Fourteen adults...

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Parfums in the British pubs

Artificial scents are set to be pumped into British pubs to mask the smell of stale beer, sweat and other odours previously camouflaged by cigarette smoke. Mitchells and Butlers, which...

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