Market News
New Shopping Mall in Szeged
Date: 2008-08-19 00:00:00
According to the plans the construction works begins next March in the Arkad shopping mall, with 35,000 sqm retail area. Developing costs are 70-100 million euros, the constructor Einkaufs-Center Szeged...
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Lidl likely to open in Switzerland
Date: 2008-08-19 00:00:00
The retailer's current plans were to launch in the Swiss market in summer next year, opening a “manageable” number of stores simultaneously. Retail sales in Switzerland rose by a...
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Responsible advertising of food industry
Date: 2008-08-19 00:00:00
A new Federal Trade Commission report finds that the nation's largest food and beverage companies spent about $1.6 billion in 2006 to market products to children and teenagers. The report,...
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European economy contracts
Date: 2008-08-15 00:00:00
Gross domestic product fell by 0.2pc in the eurozone. The fall compared with GDP growth of 0.7pc in the first quarter, and provides further evidence that the worst of the...
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Garlic from Mako – price dropped
Date: 2008-08-15 00:00:00
Because of the good weather the crop is better in value and also in volume. The price pro kilo is the half as the waited HUF 400. Normally 70% of...
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Information point for consumer protection in WestEnd City Center Mall
Date: 2008-08-15 00:00:00
The invent of the WestEnd Consumer's circle want to build up a fast, uniform system with high level of consumers' trust that could be an example throughout the country. ...
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New orders of the branches of manufacturing increased by 2.6%
Date: 2008-08-15 00:00:00
In June 2008, the industrial gross output decreased by 0.3% compared to June 2007. In the first six months of 2008, the volume of the production was higher by 5.6%...
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Aggregate grains crop is expected to be over 16 million tonnes
Date: 2008-08-15 00:00:00
Hungary is likely to produce a record maize harvest this year, it could exceed 8 million tonnes. The maize crop last year dropped to just over 4 million tonnes due...
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Huge International Investments in Romanian Retail
Date: 2008-08-15 00:00:00
International retailers continued to expand in Romania, investing over E160m on store openings in the first six months of 2008. The hypermarkets and discount chains were the most dynamic segments....
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Meat products price grow over average
Date: 2008-08-14 00:00:00
In June 2008 the producer price level of agricultural products was 21.6% higher than in June 2007. More specifically, the price level of crops and horticultural products increased by 20.5%...
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Less wine were sold, the prices are higher
Date: 2008-08-14 00:00:00
According to GfK research company the most sold wine were the table wines, but year to year more quality wines are consumpted. 52% of Hungarian households bought some kind of...
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Dynamic Hungarian MS Companies
Date: 2008-08-14 00:00:00
The common analysis of Coface Hungary and Financial Daily Vilaggazdasag found several hounderts of fast growing Hungarian enterprises. The base of the analysis was the dynamic growing index by...
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Reconcilation about price of apple on sector level
Date: 2008-08-14 00:00:00
On next Monday the ministry of Agriculture and the minister himself mediate between apple growers and processors. The high level of meeting is necessery because the farmers and the representatives...
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Compared to the previous month food prices decreased by 0.7%
Date: 2008-08-13 00:00:00
In July 2008 consumer prices rose by 0.1% compared to the previous month and increased by 6.7% compared to July 2007. In the first seven months of 2008 the average...
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Palinka tour finished
Date: 2008-08-12 00:00:00
Csaba Vasi, the member of Hungarian Palinka Order, cycled 2300 km in two weeks and met 37 palinka distillers. The tour finished on 9th August in Ozora, where the order...
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German July Wholesale Price Inflation is almost 10%
Date: 2008-08-12 00:00:00
The Federal Statistical Office announced on Monday that the wholesale prices rose 9.9% year-on-year in July, recording the fastest growth since November 1981, when prices rose 10%. July's annual growth...
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English Households Throwing Away Less Food
Date: 2008-08-11 00:00:00
According to a poll fifth of UK households say they are throwing away less food as the credit crunch tightens budgets. The survey commissioned by Sainsbury's showed that the increasing...
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France considers higher tax on unhealthy food
Date: 2008-08-11 00:00:00
The French government is considering raising taxes on unhealthy foods to as much as 19.6 per cent. No decision has been made, but an expert report advocating an increase...
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Letter of Advice from Tax Authority until end of October
Date: 2008-08-11 00:00:00
This year 466,000 entrepreneurs and 1,584,000 privat persons or private entrepreneurs will get letter of advice, more than 50% of them about surtax on overdue payments. The Hungarian Tax and...
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Place for ads on mineral water flacons
Date: 2008-08-08 00:00:00
Double Printing developed a communication instrument on the flacon's label, the company said the message is longer to read as at the flyers, it will be in the hands as...
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Victory of local tastes in the US
Date: 2008-08-08 00:00:00
In an American research 82 percent of all customers told loud and clear, locally grown produce tastes better. One of the biggest brand names in food this summer doesn’t...
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Germans plan Kinder egg ban
Date: 2008-08-08 00:00:00
German politicians plan to ban the Kinder Surprise chocolate eggs, on the grounds that they are a safety hazard. The children's committee of the German parliament, which is responsible for...
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Russian Frozen Bakery Products Sector to Grow Dynamic
Date: 2008-08-07 00:00:00
The market for frozen bread in Russia, which is currently estimated at USD 600 million, has the potential to grow 25-30% per year. The market is fast-growing, indeed, for the...
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Hungarians drink less roast coffee between January-Mai 2008
Date: 2008-08-07 00:00:00
Since many years the market growth comes from 3 in 1 segment. According to GfK Hungária research company 8% less roast coffee was sold in the first 5 months...
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Procter & Gamble Co. announced net sales growth of 10%
Date: 2008-08-07 00:00:00
Net earnings were up 33 percent for the quarter to $3.0 billion and 17 percent for the fiscal year to $12.1 billion. Diluted net earnings per share increased 37 percent...
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Increase slow down by external trade
Date: 2008-08-06 00:00:00
According to KSH (Central Statistic Office of Hungary) in May 2008 the exports were up by 2, the imports by 4 percent as compared to the same month in the...
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Industrial gross output is indisposed
Date: 2008-08-06 00:00:00
According to preliminary data in June 2008 the industrial gross output decreased by 0,3% compared to June 2007, the index adjusted by working days was equal to the non-adjusted one....
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Heavy crop from Hungarian Honey
Date: 2008-08-05 00:00:00
Yearly 25,000 tons of honey are produced in value of HUF 12 billion in the country. The domestic consumption is almost 5,000 tons. The suppliers price are between HUF 430-580....
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The most body lotion are sold in drogeries
Date: 2008-08-05 00:00:00
The domestic market of body lotion grow in volume by 8% in value by 7% between June 2007 – 2008. Retail sale body lotion yearly in value of HUF 7...
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California AG Says Settles Potato Chip Lawsuit
Date: 2008-08-05 00:00:00
California settled lawsuits against four potato chip and french fry makers after the companies agreed to reduce the levels of a cancer-causing chemical in their product. H.J. Heinz, Frito-Lay, Lance...
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