Market News
Bakeries to close
Date: 2008-08-26 00:00:00
The bakery companies can't enforce the higher raw material and energy cost. According to specialists 10-15% price increase would be necessary. The Agrar Europa Kft., an analyst and adviser firm...
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Leader of Tokaj Kereskedőház died
Date: 2008-08-26 00:00:00
The 53 years old Laszlo Kiss was the chief executive officer of the 100% state owned Tokaj Kereskedõház Zrt. The specialist was the CEO of the company since 2002, before...
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Global TV shipments up rapidly
Date: 2008-08-25 00:00:00
Global TV shipments improved a robust 11 percent Y/Y to 47.5M units in Q2'08, which was up 3 percent Q/Q, with better than expected shipment growth in North America. LCD...
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Hungary bottled water consumption to double
Date: 2008-08-25 00:00:00
Hungarians drunk 103 liter pro person in 2007, the United Arab Emirates glugged through 260 litres per person last year, it has the first place on the rank. The...
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Jump For Retail Sales In July
Date: 2008-08-25 00:00:00
Retail sales in the UK reported a surprise jump in July, rising by 0.8% month-on-month, according to figures from the Office of National Statistics. The news surprised the sector, which...
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Let's go to do Businesses in Southeast Asia!
Date: 2008-08-25 00:00:00
While China and India continue to grab the headlines, many of those businesses are seeing a rapid increase in profit levels from elsewhere in Asia – in many cases outstripping...
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HUF 700 million for wine marketing
Date: 2008-08-22 00:00:00
The wine sector and the wine marketing comitee gave HUF 8 million for populize the „froetsh”, drinking wine with soda. After a long time discusse the segment has an agreement...
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Huge Food Prices Increase in the US
Date: 2008-08-22 00:00:00
Food prices are forecast to rise by 5 percent to 6 percent this year, making it the largest annual increase since 1990. Just last month, USDA forecast food prices would...
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PARKcenter mall in Kazincbarcika
Date: 2008-08-22 00:00:00
The Austrian Center Management Invest (CMI) invested HUF 2 billion into the building of the shopping mall.The firm works since 8 years in Hungary, the first shopping mall were build...
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FAO Food Index on lowest level since January
Date: 2008-08-21 00:00:00
The wide crop of grains decreased the index, but dairy products and sugar is more expensive as before. An FAO index of 55 basic foods averaged about 212 points in...
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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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Chocolate got more expensive in the US
Date: 2008-08-19 00:00:00
The wholesale prices are an average of 10% higher, and it's almost inevitable that consumers will pay the toll soon when they buy candy at the grocery store. The prices...
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U.K. Brewers Try to Tap Women's Market
Date: 2008-08-19 00:00:00
British beer sales fell about 4.5% in the second quarter to 7.85 million barrels from 8.22 million barrels in the second quarter a year earlier, according to the British Beer...
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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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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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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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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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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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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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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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