Market News
Sales in hypermarkets also decreased in November
Date: 2009-01-27 00:00:00
According to data of Hungarian Statistic Office, the volume of retail sales decreased by 2,0% in November, and by 1.9% in the first eleven months of 2008 compared to the...
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HUF 2.5 billion subvention for dairy firms
Date: 2009-01-26 00:00:00
Agriculture minister József Gráf promisse central protection programs because of the low procurement prices. The subvention means partly buying the dairy products, restart the school milk program in value of...
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Benefit for processor, retailer and consumer
Date: 2009-01-26 00:00:00
The operetor of Quality Food from Hungary mark, the Agricultural Marketing Centre (AMC) urge on bigger collaboration. According to a new research by AMC, the Quality Food from Hungary mark...
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Acceptance of holiday cheques increased
Date: 2009-01-26 00:00:00
From January 2009 people can pay movie ticket, libery entrance, internet or adult education with holiday cheques. The Hungarian Foundation of Holiday started its work 10 years ago. The aim...
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Extra duty for European food import
Date: 2009-01-23 00:00:00
US wants to triple to 300 percent the import duty on world-famous Roquefort cheese, France turn to WTO. The US move was the latest volley in a larger, 13-year-old trade...
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Hungarians have more PC, DVD and CD player as the European average
Date: 2009-01-23 00:00:00
According to Nielsen study people use more PC or laptops as watching tv. Nielsen asked 26,200 internet users in 52 countries about its home entertainment equipments. According to research 98%...
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One third of Hungarian on-line buyer are over 40 years
Date: 2009-01-23 00:00:00
Internet is year to year more important as virtual market place – said GfK Hungária's Internet Insight Report. According to the survey the number of intensiv internet users grow by...
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Salmonellosis Is In Decline
Date: 2009-01-22 00:00:00
Campylobacter infections still topped the list of zoonotic diseases in the European Union and that the number of cases due to Salmonella infections in humans fell for the fourth year...
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Environmental Ministry offers paper bags instead of plastic
Date: 2009-01-22 00:00:00
This year the green tax has changed, retailer must to pay more after the small plastic bags. It is not necessary, that the price of fruits or bakery products must...
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Delta M Group comes out from Ukraine
Date: 2009-01-21 00:00:00
The Serbian retailer last year developed a supermarket network called Smak in a joint venture with Ritzio Entertainment Group in Ukraine, has closed down its network. RetailStudio reported the retailer...
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Penalty due to misleading ads and broken promissies
Date: 2009-01-21 00:00:00
Hungarian Compatition Authority imposed a fine on three big retailers in total value of HUF 14 million. Tesco have to pay HUF 10 million fine because misleading ads in its...
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EU plans global food stock chain
Date: 2009-01-20 00:00:00
European Parliament call on the EU to take the lead in establishing a global food inventory regime and a global system of food stocks in order to provide adequate advance...
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EU restarts export subsidies for dairy
Date: 2009-01-20 00:00:00
This week the European Union restarts export subsidies for butter, cheese and milk powder to help dairy producers hurt by falling prices. The European Commission said it would also buy...
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Not the penalty is the cardinal goal
Date: 2009-01-20 00:00:00
According to business daily Világgazdaság, the authority leaves time for the hospitality industry to get used to the new rules of inventory. There is a panic between the caterers because...
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No agreement about the food codex
Date: 2009-01-19 00:00:00
The commitee, co-ordinated by Ministry of Agriculture reassemble on 26th January. Members of the commitee are specialist of the ministry, representatives of the farmers, producers and retailers. Some of the...
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Multinational retailers won the biggest at last years Christmas attack
Date: 2009-01-19 00:00:00
According to marketingcommando.hu, the best Christmas season had those entrepreneurs which have a big number of customers from business sector and in their offer the are more service as products....
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The most Hungarians don't borrow
Date: 2009-01-19 00:00:00
According to Szonda Ipsos research, made between October – December 2008, Hungarian inhabitans wait for an extending, 18 months long financial and economic crisis. 72% of the Hungarians said they...
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Trade mark for Hungarian pork
Date: 2009-01-19 00:00:00
The logo could be legal trade mark in 2009, but the introduction needs at least two years and large marketing budget. According to business daily Napi Gazdaság, first of all...
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Accelerating competition between retailers lead by discounters
Date: 2009-01-19 00:00:00
Aldi and Pennydropped their prices by up to 19% on a range of products, including vegetable oil, bread, cheese and yogurt. German food giant Edeka has announced that it plans...
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New owner will built plaza near to the Hungarian Airport
Date: 2009-01-16 00:00:00
The former developer of the old russian solder garrison near to Budapest Airport, Airport City Plaza Kft. is since December 2008 under liquidation process. According to business Daily Napi Gazdaság...
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Shifters spend more – but at the competitor
Date: 2009-01-16 00:00:00
A new, valuable category of consumers called the “Shifters” — shoppers who move their purchases to new retailers — which will open up new windows of opportunity for retailers. A...
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Last year's inflation in Hungary 6.1%
Date: 2009-01-16 00:00:00
In December 2008 consumer prices decreased by 0.3% compared to the previous month and rose by 3.5% compared to December 2007 – published the Hungarian Central Statistical Office. In December...
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The production of food decreased considerably in November
Date: 2009-01-16 00:00:00
According to national statistic office in November 2008, industrial gross output decreased by 12% compared to November 2007, the index adjusted for working days declined by 9.9%. The volume of...
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Hungarians drink beer
Date: 2009-01-16 00:00:00
44% of our citizens never drink alcohol – according to a survey by GfK made in 2008 autumn. To study the issue, the Wall Street Journal asked market-research firm GfK...
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Capsule coffee spreads
Date: 2009-01-16 00:00:00
The mashines in value HUF 40-100,000 are mostly bought by firms instead the big and expensive drink automates. According to a prognosis published in Frankfurter Allgemeine Zeitung, in the next...
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Germans are optimistic
Date: 2009-01-16 00:00:00
Most Germans say they are optimistic for 2009 as it will affect them personally while being downbeat for the country’s prospects as a whole, a Forsa poll showed. Due to...
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Places of retail decreased by 5,000
Date: 2009-01-16 00:00:00
According to Hungarian Central Statistical Office on 30. June 2008 the number of retail places were only 160,000, it is 3% less as a year before. But the total retail...
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2008 – year of collapsing
Date: 2009-01-15 00:00:00
Last year the number of non paying firms grow by 14%, in 2008 four percent of all entrepreneurs couldn't acquit – said Coface Hungary in its newest research. The most...
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Extreme price decrease by cereals
Date: 2009-01-15 00:00:00
In November 2008 the producer price level of agricultural products was 22.3% lower than in the corresponding period of the previous year. More specifically, the price level of crops and...
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Record fall in US retail sales
Date: 2009-01-15 00:00:00
Trade over the Christmas and sales season fell 2.7 per cent, far above the 1.2 per cent expected by analysts and, excluding car purchases, dived 3.1 per cent, the worst...
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