Market News
Plastic Bag stop in Poland
Date: 2008-01-18 00:00:00
The Biedronka supermarket chain has announced that it is stopping the usage of plastic bags, and plans to eliminate them from its stores before end-2008. The Polish Environment Ministry approved...
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Rounding errors at 1-2 forint coins withdrawal
Date: 2008-01-17 00:00:00
Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...
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Real wages decreased by 4.7%
Date: 2008-01-17 00:00:00
Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year. 2 million 765 thousand persons were...
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From Januar all local business tax breaks and exemptions eliminated
Date: 2008-01-17 00:00:00
In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications. Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...
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Gherkins cured with mouse
Date: 2008-01-16 00:00:00
The Slovene Mercator retail chain has to recall jars of pickled gherkins made by Hungarian Parmen Ltd., because a jar containing mouse remains. Mercator started preparing the documentation for the...
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Commission encourages development of 'innovative' foods
Date: 2008-01-16 00:00:00
The European novel food regulation could bring the waiting time from around three years to just one for the applicants. This proposal aims to create a more efficient and practical...
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Daily 300,000 „Turo Rudis” by the time the Olympic Games
Date: 2008-01-15 00:00:00
In mid January EU-Milk Technologies Kft is to start up a Chinese production line. Within a year a combined Hungarian and Chinese company is expected to operate Rudis (a chocolate...
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(HU) Sikerrel debütáltak a magyar borok a Wine Profession kiállításon
Date: 2008-01-15 00:00:00
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(HU) Erősödnek a vegyiáru üzletek, de még mindig a hipereké a főszerep
Date: 2008-01-15 00:00:00
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In November 2007 the industrial gross output increased by 5.5%
Date: 2008-01-15 00:00:00
The volume of the production was higher by 8.2% in the first eleven months of 2007 than in the same period of the previous year. The industrial export sales grew...
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Consumer price are increased higher az waited in December
Date: 2008-01-15 00:00:00
In the food sector the prices of procecced products growth faster as the prices of comestible. In December 2007 consumer prices increased by 0.4% compared to the previous month and...
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Malls at the country side
Date: 2008-01-15 00:00:00
According to Association of Hungarian Malls this year more shopping centers will be opened outside of Budapest. Center Invest Ltd. plans 5 malls: in Godollo, Kaposvar, Keszthely, Nagykanizsa and Gyongyos....
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Moskow to enrich its Food Producing
Date: 2008-01-14 00:00:00
The transfer of arable land owned by the Defense ministry to agricultural producers will be speed up. Russian First Deputy Prime Minister and most likely future president Dmitry Medvedev called...
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Changes at Agriculture Ministry
Date: 2008-01-14 00:00:00
State Secretary for Agricultural Administration Fulop Benedek leaves the ministry, the organization will have a new State Secretary Miklos Suth. In the future Fulop Benedek works at the State Treasury,...
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Nine swans dead as bird flu concern grows
Date: 2008-01-14 00:00:00
Dead wild swans were found infected with the H5N1 strain of bird flu near to Dorset. Defra has set up control and monitoring areas around the Abbotsbury site to try...
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Worldwide Fight against plastic bags
Date: 2008-01-14 00:00:00
China made progress in the battle against bags, banning free plastic shopping bags, in the US stores have to collect back the used bags. Australian Government move to scrap plastic...
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Price of grain and fruits pushed the index
Date: 2008-01-14 00:00:00
In November 2007 the producer price level of agricultural products rose by 35.3 percent, compared to the corresponding month of the previous year. The price level of crops and horticultural...
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Industrial expectations deteriorated, consumer confidence improved
Date: 2008-01-14 00:00:00
The seasonally adjusted GKI Economic Sentiment Index increased a little in December. The survey of GKI Economic Research Co.– supported by the European Union – shows that after a significant...
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Interactive mirrors in American the stores
Date: 2008-01-10 00:00:00
Retail stores spend $34.5 billion a year on technology, including electronic kiosks for customers. Besides product information and stock-checking, such assistive technology is set to provide apparel shoppers with a...
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Food retail shares under devaluation
Date: 2008-01-10 00:00:00
According to specialist the business conditions in retail sector will be not better in 2008. The price must be cut. British retailers suffered their worst holiday season in three years,...
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Fake stock found in Kecskemet
Date: 2008-01-09 00:00:00
The excise officers seized cigarettes, alcoholic drinks, petards and 10 kilos of fake stocks were found too. The specialists check now, that the case has or not a contact with...
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Nutrition experts help retailers educate customers
Date: 2008-01-09 00:00:00
The American Hy-Vee, for instance, employs 100 dietitians in about 70% of its locations. As consumers seek to become healthier, supermarkets can play a role in educating them about nutrition...
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Goodby optimism!
Date: 2008-01-09 00:00:00
The population was more pessimistic about the economic environment at the end of 2007, than at the historical bottom in 2006. Seventy seven percent of the respondents saw deteriorating conditions,...
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Unilever Dutch and Belgium Opers to Come Under One Division
Date: 2008-01-09 00:00:00
Unilever Benelux will now serve the Belgian, Dutch and Luxembourg markets as one of the first 'Multi Country Organisations' to be set up within Unilever Europe. Via this form of...
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More than 300,000 unemployed in Hungary
Date: 2008-01-07 00:00:00
The jobless rate for the 15-24 year old representing almost 20%. According to KSH the Hungarian jobless rate rises to 7.5% yr/yr in Sept-Nov from 7.3% in Aug-Oct. The number...
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Eurozone inflation over 3%
Date: 2008-01-07 00:00:00
Annual inflation in the eurozone remained at 3.1% in December last year, the figure was the highest in more than six years. Inflation in the eurozone had been rising in...
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