Market News

EU Working Group of Ministers about GMO

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”...

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Hungarian R&D companies have better business environment as before

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...

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Massive investments in logistics on the Romanian market

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...

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Top Five Luxury Brands

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.  ...

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Hungary is in Late with Arrangements against Salmonella

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...

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Unspent EU farm aid to go to Africa

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...

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British vaste food yearly in value of 10 billion pounds

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...

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Exports and imports levels are higher by 7 percent

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...

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Trend Research about the Hungarian Youth by Fanta

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...

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Value shops tip growth as shoppers trade down in UK

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...

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Cheap import and tax reduction could decrease the food price

According to common research of Kopint-Tárki Konjunktúrakutató Intézet Zrt. and AgrárEurópa Tanácsadó Kft. in long periode we have to be ready for high food prices.   The specialist said because...

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Online Sales Up 60% In Romania

Romanian online sales rose to E25m in the first six months of 2008, according to figures from RomCard. The number of transactions amounted to 300,000, while the average value of...

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The Deficit May Be Even Lower Than Planned

Substantial improvement in the internal and external equilibrium this year with real wages in the business sector already climbing while inflation and interest rates remain high. The forecast prepared by...

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HUF 14 billion Ice Tea Market in Hungary

According to Nielsen Research the sales of ice tea grow in volume by 23%, in value by 19% between Mai 2007-April 2008. The most popular taste are lemon and peach,...

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Nestlé to sell prime property in Budapest

Nestlé has decided to sell a 2,500-square-meter property in Budapest with a panoramic view of the Buda Castle, the Chain Bridge and the Pest skyline.  Nestlé is selling the property...

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Association of Hungarian Farmers accuse forestallers of cartell

Farmers protest against the low price of sourcherry in front of Hungarian Parliament.  The farmers said the forestallers pay only HUF 50-60/kilo for sourcherry, what is only half of the...

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Private label organic foods lead in German market

New Nielsen data shows that German consumers have doubled the number of organic food items they have purchased in the past two years.   Retailer brands have gained a larger...

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Hungarian Companies are more Pessimistic

The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter.  Ecostat's TOP-100 index for sentiment at...

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Lefelé módosította várható profitját a Marks & Spencer

The retailer posted profits of £1bn last year and analysts were expecting profits of around £870m this year.  Overall M&S's UK sales were down 5.3% in the 13 weeks to...

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Dutch smoking ban

A tobacco smoking ban came into force Tuesday in cafes, bars and restaurants throughout the Netherlands.   While patrons are no longer allowed to light up cigarettes, they can still...

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Virtual shopping can't take all

The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....

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Germans to shop more in May

German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...

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Consumer Spending Higher-Than-Expected In May

US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007.  Figures from the Commerce Department said the rebates helped...

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Austrian Food Specialities debuts in New York

The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets.  More than 2,300 domestic exhibitors from around the country and the...

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Hungarians consumpt less biscuit

Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we.   Hungarians eat...

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Payable household goods in Hungary

According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average.   Within the framework of the European...

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Tesco, Asda Cut More Prices

Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition.   Tesco will cut prices on 3,000 products...

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Hungarian Beer Market grow in value by 6% and in volume by 1%

Between June 2007 and Mai 2008 4 million hectoliter beer were sold in Hungary, it was a summe in value HUF 110 billion.  According to Nielsen Research retail index 1...

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Expectations improved significantly

In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years....

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Bio – our health and that of our kids

The increasing popularity of bio food is a result of the two most important trends of our decade: health and wellness. This is one of the conclusions of the global...

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