Market News

Asda reformulates to cut out artificial additives, cost €44million

UK supermarket Asda said it is removing artificial colours and flavours from all of its private label food and beverage products. The decision about  9,000 own label products by Asda,...

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EU funds nano packaging research

The four year research programme has a budget of €36m, about half of which comes from an EU research programme.   Over the past five years packaging suppliers have been...

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Action to make the poultry sector transparency

A new program is laboured by the Hungarian Poultry Association and the Tax Office to detect tax abuser in poultry sector. The method is easy, the supervisor will control the...

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Daily 500 gr would be ideal

The Hungarian Vegetable and Fruit Organisation (FreidVeb) start a marketing program to expansion of the vegi-fruit consuption in Hungary. The goal is the enrise the daily 400 g/person vegi-fruit consuption...

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Green wave in american retail

At Home Depot Inc.'s headquarters in Atlanta, associates' empty soda bottles are collected and filled with a worm-excrement mixture and sold as plant food. Wal-Mart is rating its 60,000 suppliers...

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Nanotechnology is unstoppable

As worldwide sales of nanotechnology-related products approached the $1bn mark last year, the food packaging industry could be worth as much as $30bn, according to a new study. The study...

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Cott launches Spider-Man soft drinks across US

Cott Corporation has launched Spider-Man 3 soft drinks in the US with Wal-Mart. The Canada-based soft drinks company has teamed up with Columbia Pictures' Spider-Man 3 to launch the flavours Green...

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Britvic acquires C&C Irish soft drinks operations

Britvic has snapped up the soft drinks and distribution business of C&C Group in the Republic of Ireland and Northern Ireland. The UK-based soft drinks company confirmed that it has...

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Hungary agricultural PPI tones down

Hungary's agricultural producer prices rose by 8.9% year on year in March, falling from a growth of 11.6% in February, the Central Statistics Office (KSH) has reported.  The KSH detected...

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The Minister of Agroculture enquirers

An independent laboratory showed, that 70% of the honey sold in the supermarket is false. The minister József Gráf bid an audit because of honey sold in shops. The Application...

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Group Meinl will build Russia biggest Mall

The mall costs EUR300 millio, the shopping area will be 250,000 m2, as the Shopping City Süd near to Wiena.The shopping center buildes Meinl European Land, daugther of Meinl Bank,...

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World Fair Trade Day – on Saturday

This is almost a 60 years old tradition in the USA, is celebrated in Europa until 40 years, but in Hungary only since 2002.  Fair Trade organisations (backed by consumers)...

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Swedes keen on buying V&S stock

A survey in Sweden has found that the majority of people would be interested in buying shares in V&S Group. The survey, run by the business website E24 in Sweden...

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Whisky made in Japan – no more joke

It may not be as well known as Scotch or bourbon but Japanese whisky is winning plaudits for quality and gaining ground internationally. Two out of four category winners on...

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Functional soft drinks on the rise in Europe

The main driving forces behind functional soft drinks growth are consumers' increasingly proactive attitudes towards health.The 2007 West Europe Functional Soft Drinks (sports drinks, isotonic drinks, energy drinks) report from...

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Nearly 300 Excellent Hungarian Food on the market

The products, which are entered in compation by its manufacturer, consider a professional jury on the grounds of strict criterias. The Ministry of Agricultur and Rural Development started the Excellent...

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Word longest shopping boulevard in Dubai

Dubai will build the world's largest retail zone in its tourism project Dubailand. The projected retail zone will be part of Bawadi, a hospitality and leisure zone worth 100 billion...

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The number of debit cards increased trebly

Until two years the sum of debit cards in Hungary grew more than trebly. There were more than one and half million debit cards on the local marketplace, now to...

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