Market News

Ethic graved into the counter

The Hungarian competition authority extended the scope of the Code of Ethics in Retail until 2010. The Code of Ethics in Retail was signed in 2006 by representations of interest...

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Fruits and oil seeds were most expensive

In December 2007 the producer price level of agricultural products rose by 38.1 percent, compared to the corresponding month of the previous year. The price level of crops and horticultural...

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Auchan is the cheapest store

According to penzcentrum on-line portal, the shopping basket of February was most expensive at Kaiser's, but Tesco tokk there the second place.  After a bigger price increase in January the...

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Bigger price incriese at poultry

Because of the high feed and energy costs a more than 10 % price increase is to wait at the market by summer.   Nowadays there'snt any possibility for cheap...

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The German regulator searched for price cartell

Seven chocolate makers full under suspicion that the companies fixed the prices of their products. Chocolate makers have explained price increases by saying they were necessary to cover surging costs...

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The WTO has ruled against the European Union's import tariffs for bananas

Millions of USDs commercial sanctions could be come.   The WTO has consistently ruled against how Brussels sets tariffs for bananas, forcing it to overhaul a system that grants preferential...

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The industrial confidence index was deteriorating

In January the seasonally adjusted GKI Economic Sentiment Index declined a bit shows the survey of GKI Economic Research Co. supported by the European Union . The reason for this...

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Consumer boycott in Croatia

Rhis action is a protest against the high food prices in the country. Most people are sceptic, the idea found nice, but they are going to shop. On Thursday, the...

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Hungarians Internet Users read news and e-mail via Internet

According to an international survey conducted by GfK the ‘serious’ internet services, such as e-mail and online banking are most frequently used in Austria and Slovenia.   Leisure-time and entertainment-focused...

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The winner 21 save water

UK food and drink manufacturers are working together in a new initiative, known as the Federation House Commitment, to reduce water usage and improve efficiency across their businesses.  The 21...

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Plastic milk bottles came back in UK

Shoppers will soon be able to buy milk in plastic bags as part of a green initiative of Waitrose.   The supermarket chain Waitrose is abolishing plastic milk bottles to...

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P&G to separate its coffee business

The coffee unit had sales of about $1.6 billion and operating income of about $ 350 million in fiscal 2007. Procter&Gamble Co. is planning to split off its Folgers coffee...

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Inspection at European big supermarket chains

A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs.  The increasingly dominant...

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Discount offer for exhibition outside of Hungary

ITD Hungary pays 70-75% of exhibition's costs in case of four international fair. ITD Hungary protects Hungarian SMEs with export possibility. The collective appearances are organised by previosly qualifide exhibitories....

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EU to Tax Imports of Swiss Products with Powdered Skim Milk

The tax is part of a price equalizing method agreed between Switzerland and the E.U. Under the deal, Switzerland has until now subsidized the export of powdered skim milk to...

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Hungary's economic growth will pick up and its inflation will slow down this year

Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...

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The labor market of retail to increase in 2008

According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...

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French Supermarket Workers Strike over Wages

Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...

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Top-100 Hungarian Companies are Less Optimistic

The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008.  Hungarian companies are looking to the future with a degree of apprehension, according to the stats....

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A Helping Hand for SMEs for free

The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days.  The Hungarian Chamber of Commerce & Industry takes part in the program, wich...

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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt

The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers.  According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...

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Search engine for small enterprises.

Google has made its Individual search engine internationally available. The Individual search engine is a simple and cost-effective means for small enterprises and other organisations to accommodate the Google search...

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