Market News
Toll for rice in Vietnam increase price not only outside of the country
Date: 2008-07-23 00:00:00
After a government decision exporters have to pay USD 30-176 customs per tons. Vietnam has exported 2.54 million tonnes of rice since the start of this year, up two per...
Read more
Retail Sales Up 15% in Russia
Date: 2008-07-23 00:00:00
According to Rosstat, the Federal State Statistics Service in H1 Retail sales in Russia were up 15.2% year-on-year to around $269bn. Sales in June itself were up 13.8% to over...
Read more
Feak Shoes in Value of HUF 345 Million
Date: 2008-07-22 00:00:00
11,000 pair of feak NIKE and Canvas shoes were found on a freight train entering to Hungary yesterday by Kelebia. The Customs Office arrested the goods. The train arrived...
Read more
GDA Labels Gaining Ground Throughout Europe
Date: 2008-07-22 00:00:00
European food and drink producers, large and small, are actively implementing a voluntary nutrition labelling system based on Guideline Daily Amounts (GDAs), new, independent research reveals. The representative survey of...
Read more
Eiscream sales grow in Hungary
Date: 2008-07-22 00:00:00
According to Nielsen Research Retail Index the market of cold sweeties increased in volume and value. The whole market is HUF 17.5 billion. Between June 2007 – Mai 2008 25...
Read more
Hypermarkets Spirits Small Shops Away
Date: 2008-07-21 00:00:00
The number of small Hungarian settlements without any retail stores doubled in the four years prior to 2007. According to specialist there is a strong concentration on the food...
Read more
GKI competitiveness index rises slightly
Date: 2008-07-21 00:00:00
Economic think-tank GKI's Business Climate Index (UX), a gauge of sentiment at 1,500 businesses in Hungary, declined 15.6 points to 33.8 in the first quarter of 2008. The business-climate index...
Read more
The on-line sales of FMCG products is in its infancy in Hungary
Date: 2008-07-21 00:00:00
According to E-Shopping Report 2008 the Hungarian net shoppers buy first of all technical equipments (38%), DVD (36%), movie, theater and airtickets (12%). Only 15% of daily net users bought...
Read more
Agreement between Auchan and the Growers
Date: 2008-07-18 00:00:00
Leaders of the hypermarketchain promissed not to buy watermelon under HUF 30. Suppliers must to show the documents of origin and the spraying register. From today the outdoor ads...
Read more
Consumers don't Understand Contactless Credit Card Technology
Date: 2008-07-18 00:00:00
Only 3% of the population is familiar with contactless technology. After reading an explanatory paragraph about contactless payments technology, consumers were 7 times more likely to want a contactless card...
Read more
Low Marketing Budget at Hungarian Firms
Date: 2008-07-17 00:00:00
Altough the role of the marketing is year to year more important in companies' life, but it isn't traceable in the companies' decision structure or in financial protection of the...
Read more
Record Low Shows DATAWATCH ZEW
Date: 2008-07-16 00:00:00
The ZEW index dropped to -63.9 in July from -52.4 in June, declining for the fourth month in succession and setting a new record low for the series. The...
Read more
In May 2008, the industrial gross output increased by 4.7%
Date: 2008-07-16 00:00:00
The volume of the production was higher by 6.9% in the first five months of 2008 than in the same period of the previous year. The volume of industrial production...
Read more
Retail ventures are stain on liquidity
Date: 2008-07-16 00:00:00
According to Coface Hungary the number of proceeding because of insolvency grow by 13% in the first half of 2008 in Hungary. The most insolvency proceedings, starting this year, stem...
Read more
(HU) Nem kell termékdíjat fizetni az újratölthető palackok után
Date: 2008-07-16 00:00:00
...
Read more
The financial crisis is confirmed in Europe and is spreading
Date: 2008-07-15 00:00:00
Coface has reduced Spain, Estonia, Latvia and placed Portugal, Denmark, South-Africa and Vietnam under negative watch. In Europe, the financial crisis is dragging Spain down, which is pulling Portugal...
Read more
Season starts with scandal
Date: 2008-07-14 00:00:00
Auchan offered watermelon by HUF 49, what is a dumping price – said the growers, who protested with gushing a ton of watermelon in front of the an Auchan store....
Read more
Almost 7% inflation in the first HY
Date: 2008-07-14 00:00:00
In June 2008 consumer prices rose by 0.1% compared to the previous month and increased by 6.7% compared to June 2007. In June 2008 compared to the previous month food...
Read more
German Anti-Cartel Office Fines Cosmetic Firms
Date: 2008-07-14 00:00:00
Germany's Federal Cartel Office has fined the German units of nine cosmetics companies including Chanel and L'Oréal a total of almost 10 million euros for sharing strategic information. Individual fines...
Read more
Simplified EU Rules for Authorising Food Additives
Date: 2008-07-11 00:00:00
The European Parliament has adopted a legislative package that will see products containing any of six artificial colours labelled with a health warning. The decision to put a warning on...
Read more
EU Working Group of Ministers about GMO
Date: 2008-07-11 00:00:00
Paris has announced the creation of a “group of friends of the presidency” to consider the EU's GMO authorisation process, which it wants to take better account of “local specificities”...
Read more
Massive investments in logistics on the Romanian market
Date: 2008-07-10 00:00:00
Food retailers are expanding warehousing space and networks, overall investments worth above 50m euros on the logistics segment for this year alone. Kaufland and Plus invested a total of 55m...
Read more
Top Five Luxury Brands
Date: 2008-07-10 00:00:00
According to Forbes list these brands not only deliver fat revenues and profit margins, they also attract loyal consumers. The new fans come from Brazil, China, Russia and India. ...
Read more
Hungarian R&D companies have better business environment as before
Date: 2008-07-10 00:00:00
The in 2005 legislated innovation act helps to bring academic researches near to the practice. The spin-off and start-up firms are day to day more dynamic. JEREMIE starts this...
Read more
Hungary is in Late with Arrangements against Salmonella
Date: 2008-07-09 00:00:00
EU would give money, in the next four years , for decreasing the Salmonella infection in Hungarian poultry from nowadays' 60% to 1%. Only 2-3 from chickens 400 normal Salmonella...
Read more
Unspent EU farm aid to go to Africa
Date: 2008-07-09 00:00:00
The World Bank has estimated that about 6 billion euros is needed in short-term aid to help poor countries face the global food and fuel price crisis. "The EU...
Read more
British vaste food yearly in value of 10 billion pounds
Date: 2008-07-09 00:00:00
In 2008 an average British family spends 9% of household's income for food, it was 16% in 1984. A Cabinet Office report, Recipe for Success, showed 4.1 million tons of...
Read more
Exports and imports levels are higher by 7 percent
Date: 2008-07-09 00:00:00
According to first estimates of Central Statistic Office in May 2008,, exports amounted to HUF 1,513 billion, while the value of imports reached HUF 1,504 billion. The Euro value of...
Read more
Trend Research about the Hungarian Youth by Fanta
Date: 2008-07-08 00:00:00
In the first part of the study, researcher was looking the using of digital technology and the digital culture between the young people. The second part spyed the attitudes to...
Read more
Value shops tip growth as shoppers trade down in UK
Date: 2008-07-08 00:00:00
Aldi, Lidl and Netto, the discount supermarkets, are forecast to increase their share of Britain's grocery market by 60 per cent over the next four years. A new report claims...
Read more