Market News
Poultry infected with Salmonella delivered to Romania
Date: 2007-07-16 00:00:00
Second time, in the last weeks delivered hungarian suppliers a salmonella defected poultry into Romania. The meat was found in a warehouse near to Arad. The salmonella infection is not...
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Hungary's headline inflation rate ticked up to 8.6% year-on-year in June
Date: 2007-07-13 00:00:00
The Central Statistical Office (KSH) said the core inflation – which strips away volatile fuel and food prices – also climbed, coming in at 5. 9% compared to 5. 7%...
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A higher VAT could save lifes in Britan
Date: 2007-07-13 00:00:00
A tax on fatty foods such as cakes and biscuits could prevent more than 3,000 premature deaths a year, a new study has shown. Researchers from Oxford University said extending...
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Hungarian like biscuit
Date: 2007-07-13 00:00:00
The sales of sweet biscuits increase 13% last year in value and quanta too between June of 2006 and Mai of 2007. július 13. According to Nielsen datas the total...
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Hungarian are interested for innovations
Date: 2007-07-13 00:00:00
According to Szonda Ipsos's newest research, 60% of hungarian customer call for the new or renewed products. The permanent development is nowadays a key to survival, it's the only...
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The price level of cereals was still up by almost 30% yr/yr
Date: 2007-07-13 00:00:00
The KSH detected a 8.1% yr/yr increase in the January-May period, down from 9.8% in the first four months. Excluding fruits and vegetables, agricultural producer prices were up by 9.1%...
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Two weeks controll – HUF29million penalty
Date: 2007-07-12 00:00:00
In foodsafety action, operating since 25 June, 1909 control were made. The restaurant, pubs and cafes have to pay HUF 25million fine because of essential quality problems, and HUF3,2million locale...
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Managing Directors can be employed again in Hungary
Date: 2007-07-12 00:00:00
From 1 September 2007 it will be allowed again for executive officers (especially Managing Directors) in Hungary to establish an employment relationship with the company. Consequently, the provisions of the...
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Unisys Hungary – one year doubled staff
Date: 2007-07-11 00:00:00
The Hungarian arm of the Unisys Corporation, a worldwide information technology (IT) services and solutions company, is to nearly double its staff at its services centre in Budapest. Unisys...
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Hungarians increasingly opt for domestic products
Date: 2007-07-11 00:00:00
Over the recent years, Hungarians have been increasingly buying domestic products because they realised this helps domestic companies and Hungarian goods are generally of good value. A recent survey by...
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In front of Europark Neo Center to build
Date: 2007-07-11 00:00:00
The London based Chayton Capital LLP will invest HUF 15 billion on building a mall, a sportcenter and an office building in Budapest, on the corner of Ulloi and Hatar...
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Activities in the black economy generated more than HUF 4,000 billion income
Date: 2007-07-10 00:00:00
Last years Hungarian GDP was HUF 23,560 billion, from this 17-18 % could be generated in the black economy. Hungary is to step up tax rigour in a bid to...
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A coloring could cause cancer
Date: 2007-07-10 00:00:00
A food additive found in some sausages and burgers could trigger cancer, food safety specialists have warned. The European Food Safety Authority (EFSA) panel on food additives and flavourings...
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The world of Smirnoff to the palm of the consumer trough mobilephone
Date: 2007-07-10 00:00:00
Drinks giant Diageo has launched an innovative mobile internet marketing initiative for the Smirnoff brand in the UK. Through the pioneering mobile service, which is available via the mobile...
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New Hungarian real estate tax to come in 2009, not 2008
Date: 2007-07-09 00:00:00
Hungary will introduce the new real estate tax, which will combine four property-related local taxes and one central tax, from 2009, Minister of Economic Affairs, János Kóka said. Earlier this...
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Instead marmale honey is comming
Date: 2007-07-09 00:00:00
Sales of honey rose 14 per cent between 2004 and 2006 while marmalade sales dropped 10 per cent, according to a new study in the UK. The report by Mintel...
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Invest in automation
Date: 2007-07-09 00:00:00
Suppliers and manufacturers alike should investigate and invest in automation production lines, according to a new report. The study was carried out by the University of Lincoln in association with...
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Atrium Center Satu Mare, Romania
Date: 2007-07-06 00:00:00
The British Dawnay, Day has recently acquired 2.7 hectares of land in Satu Mare in order to build a shopping centre. The investment will amount to approximately €61 million according...
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White list for meat processing workers
Date: 2007-07-06 00:00:00
Clitraviand and EFFAT suggest to build out an Independent certifacte organisation for workers in european meat processing industry. The white list would help the mobility of workers inside of european...
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New VAT at 2010
Date: 2007-07-06 00:00:00
The European Commission is calling for simplification and rationalisation of value added tax (VAT) within the EU. Tax commissioner Laszlo Kovacs said a new framework for reduced rates is...
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In place of marketing engagement it must be attested
Date: 2007-07-05 00:00:00
The actions of funcional foods must be certifed by clinical searches. From 1 of July 2007 takes in effect the new EU legistation on health and nutrition claims on food....
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Flaming row about wine in EU
Date: 2007-07-05 00:00:00
The European Union head office proposed a drastic overhaul of the continent's wine sector to face up to increasing competition from abroad and eliminate a huge surplus of unmarketable produce....
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Grain production to increase
Date: 2007-07-05 00:00:00
The rapid growth of the world's biofuel industry is likely to keep farm commodity prices at high levels in the next decade as it will boost demand for grains, oilseeds...
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Chinese quality supervisors have a lot of work
Date: 2007-07-05 00:00:00
China said one-fifth of its consumer products don't meet government safety and quality standards. China, the world's biggest exporter of consumer products, faces pressure to improve safety standards as its...
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Politicians against shopping on Sunday
Date: 2007-07-04 00:00:00
„Give Sunday back to the people!” – said the hungarian Christian Democrat Party. The party in the opposition wants that the multinational companies would have a profit less day, it...
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Food Nutrition Labels are Puzzle
Date: 2007-07-04 00:00:00
In a study of educated adults — 75 percent had at least a high school education — most had trouble understanding everyday food nutrition labels. Dietitians aren't surprised, since...
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Unified property tax from 2008, major tax reform starts in 2009
Date: 2007-07-04 00:00:00
Hungary will implement some simpler modifications to its tax regime as of January 2008 and major adjustments to the system that require wide-scale preparations are to enter into force as...
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Hungarian fmcg's quilification – average
Date: 2007-07-04 00:00:00
International Service Chek – a mystery shopping company- made a survey in 7 CEE country + Russia about retail services. 60 cities, 61 retail chain, 160 test shops – from...
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€100 million retail investment in two Romanian cities
Date: 2007-07-04 00:00:00
Each project will take up an area of 8-10 hectares and will be finalized in 2010. A mall of around 50,000 square meters to include extensive leisure areas, in...
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Credit from the Drugstore – German method set an example
Date: 2007-07-03 00:00:00
The personal bank services are important in Germany, but this time the place of the credit application is not a branch bank, but a coffee house or a drugstore. Most...
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