Market News
New concept for the pálinka distilling
Date: 2010-06-23 00:05:02
The planned domestic legislation of pálinka distillation envisaged by the government, contradicts the EU law. According to the plans of the goverment the new regulation would treat pálinka as not...
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Hungarian company to build hotel complex at a Serbia Cave
Date: 2010-06-23 00:00:10
Hungarian company is also interested in the hotel complex that will be built at the eastern Serbian Resavska cave – informed the competent office of Despotovac district. The Resavskai Cave...
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This year's cherry crop has poor quality
Date: 2010-06-23 00:00:01
The harvested cherry is larger, but has a lower quality. The harvest in Nagykörű, which known as the cherry garden of the country is near completion. As far as sales...
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Business sentiment in Germany is on its two year peak
Date: 2010-06-23 00:00:01
In Germany, the index, indicating the business sentiment, increased to its two year peak in June. According to the communication of the Ifo Economic Research Institute, released on Tuesday in...
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We are still not closer to the EU average after seven years
Date: 2010-06-22 00:05:12
According to preliminary datas of the European Union's statistical office in Hungary last year, the per capita GDP was the 63 percentn of the EU average. his also means that...
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The qualification requirements were abolished in several commercial professions
Date: 2010-06-22 00:04:25
One of the last step of the Bajnai government was the abolition of qualification requirements, at a part of the commercial professions. According to the trade unions; these steps downgrade...
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The Agrobank and the Compensation Fund can help the flooded farmers
Date: 2010-06-22 00:04:11
The agriculture sector could be the biggest loser of this year’s flooding – said Font Sándor the chairman of the agriculture committee of the National Assembly in Duna TV’s morning...
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European origin protection for the Gyulai and Csabai sausages
Date: 2010-06-22 00:03:44
The European Commission declared Gyulai and Csabai sausages as protected products – announced on Monday in Brussels. Both products were listed under 2-2 names (Csabai sausage and Csabai thick sausage,...
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Széchenyi Card: the 50 million HUF ceiling to come
Date: 2010-06-22 00:03:01
The government, because of the success of the Széchenyi Card program would once again raise the ceiling of the available credit to 50 million HUF. In the last one and...
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Hungary’s petfood export is fourth in the EU
Date: 2010-06-22 00:01:25
Hungary’s petfood export is fourth in the EU Member States and the seventh larger in the world. According to the datas of the Hungarian Petfood Union; 75 billion HUF worth...
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Europe worries about unemployment
Date: 2010-06-22 00:00:21
The labor market situation is still the most pressing issue for the European nations. In the survey of GfK Association, the population of 8 out of the 11 countries, worry...
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China loses ten billions of USD on objectionable products
Date: 2010-06-22 00:00:05
The Chinese exporters because of “technical obstacles”, and complaints suffered a loss of a total 57 billion USD last year – states the survey of China's Quality Control High Authority....
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GKI’s prosperity index rose further in June
Date: 2010-06-21 00:04:02
The more than a year-long rise of the value increase of GKI’s prosperity index (seasonally adjusted) continued. After the nadir of April 2009 GKI’s consumer confidence index also Started a...
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The majority of the webstores had a good turnover last year
Date: 2010-06-21 00:03:55
According to the survey of WebShop-Experts Ltd.; a reduce occured in the turnover at the 18 percent of the surveyed webstores, compared to the previous year. So the turnovers in...
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Watermelon season delays
Date: 2010-06-21 00:02:11
Compared to the previous year, watermelon season will slip by three weeks, beginning on the 10th of July this year – said the president of the Hungarian Watermelon Association. Simonka...
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Holland laboratory tested the Hungarian tomato and strawberry
Date: 2010-06-21 00:00:52
Holland laboratory found the remains of banned chemicals in tomatoes and strawberries bought in Hungarian shops. The Agricultural Office did not found such chemicals in those products. The Levegő Munkacsoport...
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Food labels – the lobby won again
Date: 2010-06-18 00:04:02
The European Parliament voted for the mandatory nutrition labeling on foods, marketed within the community, but rejected the”traffic light” type of sign system requested by the NGOs. On the basis...
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E-commerce is the future
Date: 2010-06-18 00:03:59
The next market research issue, the Online Gold Rush of Jones Lang LaSalle Retail 2020 has been published. The interactive Retail 2020 site predicts the next 10 years of the...
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Paths, roads and dead ends
Date: 2010-06-17 08:00:00
With the level of production shrinking by 1 percent, the Hungarian food industry was able to increase export by 5 percent last year. At the same time, domestic sales decreased...
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Food product foreign trade reduced by 5 percent in a year
Date: 2010-06-17 08:00:00
According to KSH, in January-February 2010 the volume of foreign trade improved further, by 17 percent in export and by 13 percent in import in comparison with last year’s level....
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Private label ice teas are on the increase again
Date: 2010-06-17 08:00:00
GfK Hungária’s ConsumerScan pointed out that after the market expansion of the last few years, 9 percent fewer households bought ice tea in 2009, and by this the category’s reach...
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Optimistic retailers
Date: 2010-06-17 08:00:00
Richard Ellis Group Inc. surveyed more than 100 retail executives in March-April in the US. Nearly 70 percent of them said there was a global improvement taking place and 92...
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It is still Forint that performs the worst
Date: 2010-06-17 08:00:00
In March 2010, in the EU-27 consumer prices were 1.9 percent higher on average, compared to prices in March 2009. While prices decreased in Latvia (by 4 percent), increase was...
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For cooking, storing and carrying
Date: 2010-06-17 08:00:00
The category that involves bin bags, household foils, sandwich and roasting bags, and baking papers represents a value of HUF 10 billion, growing by 4 percent from 2008 to 2009....
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Wal-Mart transportation
Date: 2010-06-17 08:00:00
Wal-Mart, the world’s biggest retailer has taken over the complete transportation tasks of all of its suppliers in the US. The company’s goal is to guarantee cheaper transportation of manufacturers’...
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Coloured toilet papers
Date: 2010-06-17 08:00:00
The dominance of white toilet papers has come to an end! Renova, a prestigious manufacturer put red, orange, fuchsia and black toilet papers on the market, trying to grab the...
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Market expansion has continued
Date: 2010-06-17 08:00:00
Household paper product sales continue to grow: in the May 2009-April 2010 period sales were 8 percent higher than a in the previous twelve months. Toilet papers, tissues, paper towels...
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More emotions!
Date: 2010-06-17 08:00:00
Crisis-ridden consumers want real value for their money, therefore brands started emphasising functional product advantages in their advertisements. May be they even overdo it a bit, as a US survey...
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‘Do it yourself’ pet food
Date: 2010-06-17 08:00:00
Canadian company RedMoon gives the ability to customers to create the food specific to their pets’ individual needs. First they have to select the ingredients, and then give the activity...
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More economical manufacturer paper products and private labels with improved quality
Date: 2010-06-17 08:00:00
In 2009, the household paper market expanded by 1 percent in terms of volume and by 9 percent in value – a growth largely generated by toilet paper. Sales stalled...
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