Market News
Superbrands 2007 in Hungary
Date: 2007-12-10 00:00:00
Several brands of food industry got the award, the winner are showed in a magazin. The Superbrands prgram work in 82 country and, in Hungary it is the 9th event...
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Power from the supermarkets
Date: 2007-12-10 00:00:00
From today two German supermarket, Lidl and Kaufland sell electricity. The two discounts chain offer E.ON low costs company's power. E-wie einfach, name of the company could give power cheaper,...
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EU Draft Report about Indian Guar Gum Production
Date: 2007-12-10 00:00:00
An EU inspection team spent 10 days visiting various guar gum factories in India in the autumn. The EU team that scrutinised Indian plants in October is believed to have...
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New brands, brand new hotels in Hungarian Capital
Date: 2007-12-10 00:00:00
According to specialist in the next two years 8-10 four-five stars hotel will be opened in Budapest and in Hungary. Mariott's Courtyard opens its first hotel in 2009 at Blaha...
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(HU) Baromfihús és tojás import stop a lengyel termékekre Oroszországban
Date: 2007-12-07 00:00:00
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The global credit crunch hold in the European Household Demand
Date: 2007-12-06 00:00:00
Euro zone retail sales turned out much weaker than expected in October. The European Union's statistics office said retail sales in the 13 countries using the euro fell 0.7 percent...
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Retail chains help suppliers to be more competative
Date: 2007-12-06 00:00:00
According to Research Institute of Economics and Enterprises project the multinational retail companies have paradox effect on suppliers. Global trends indicate that there is increased concentration underway in the retail...
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Campona to buy for €110 mln
Date: 2007-12-04 00:00:00
The shopping center was opened 8 years ago, its occupancy level is over 97%. Basic tenats are C&A, H&M, Electro World, Hervis. ING Real Estate has today announced the €110...
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Food prices continue to rise
Date: 2007-12-04 00:00:00
Experts agree that the prize increase of maize and rice will be on a higher rate than this year. The latest report by the United Nations' Food and Agriculture Organization...
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Tax stamps with bar code for drink in Hungary
Date: 2007-12-04 00:00:00
In the future only 3 kinds of tax stamps will use in contrast the 42 from today. From next June-July supervisors of Hungarian Customs and Finance Guard use bar code...
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The big companies are more optimistic
Date: 2007-12-04 00:00:00
Economic research firm Ecostat's business confidence index was 87,6% at SMEs and 100,5% at TOP 100 in November. At Hungary's one hundred largest companies, almost 25% of the managers reported...
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16,000 kilos poisoned pear from Italy
Date: 2007-12-04 00:00:00
Specialist measured twice more fungicide as much the authorized maximum. Until the problem was disclosed more than 13,000 kilos were sold. Authority said pears are not danger for people, for...
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EU Tenders for Developing Hungarian Logistic Centers and Services
Date: 2007-12-04 00:00:00
From the HUF 11,3 billion 25-35 project could be financed. In a frame of tenders 30% of building cost of a regional and 50% of building cost of an...
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British traders are on call
Date: 2007-12-04 00:00:00
Shoplifters will steal more than £431 million worth of goods during the build-up to Christmas in England. On the busiest shopping day of the year, on Saturday, December 22, retailers...
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Slow growth, stubbornly high inflation
Date: 2007-12-03 00:00:00
Hungary's internal and external balances are expected to improve on expectations this year. According to the latest report by think-tank GKI and Erste bank published the government deficit to shrink...
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Consumers like own-brand goods
Date: 2007-12-03 00:00:00
Almost three quarters of consumers have a positive perception of supermarket own-brand goods, a new study has found in England. Supermarket supplier Catalus questioned over 500 consumers on how they...
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Test lab in the future's restaurant
Date: 2007-12-03 00:00:00
Cameras monitor every reaction of the customers. In the new research center, devoted to exploring a both simple and complicated question: What makes people eat and drink the way they...
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10 tons food was found in the re-labeling plant
Date: 2007-12-03 00:00:00
In the Sparkle-action the supervisors pounced in a food depot in Budapest. In the illegal food depot relabeled and new dated foods: meat, sweets, eggs and softdrinks were found. The...
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Conctactles payment starts in Europe
Date: 2007-11-30 00:00:00
French hypermarket chain to trial contactless payment of MasterCard Europe. Normal the PayPass technology is used by shopping under 25 euro, but this card could make the payment 40% faster...
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Hungarian Tax and Financial Control Administration increase the default penalty
Date: 2007-11-30 00:00:00
Next year guilty must pay HUF 1 million because of invoice problem. The default fines increase from HUF 100,000 to 200,000, form 200,000 to 500,000. One million HUF is...
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Fake milkdisributor found
Date: 2007-11-30 00:00:00
The Budapester enterpreuter operated without permissions. In Sparkler-action, collective control of several authorities, 5 tons milk product were found. The milk, cheese, cottage-cheese in value of HUF 7-8 million must...
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HUF 680 billion excise in government pocket
Date: 2007-11-30 00:00:00
Due to the continuously control increase the legal petrol, cigarettes and alcohol sales. According to industrial dates there was 7.1% higher sales in the first 10 months as a year...
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Next year's carriage must cover the lost from this year too
Date: 2007-11-30 00:00:00
According to plans of Budapest local government trucks should pay ten times higher fees for coming into the city as now. Association of Transport Companies said this year carriage can't...
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Auchan to invest 0.5bn-euro in Romania
Date: 2007-11-30 00:00:00
French retailer targets 22 cities with more than 100,000 inhabitants by 2010. "We will continue to expand with large-scale hypermarkets, because this what we specialise in. The Discount Market store...
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Chocolate still leading
Date: 2007-11-28 08:00:00
Total sales of sweets exceed HUF 150 billion in Hungary. According to Mrs. Kanyó, general secretary, members of the Hungarian Sweets Manufacturers’ Association account for 83-85 per cent of this...
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Milan, part 2. – Iper and Esselunga: „Merchants should be modest”
Date: 2007-11-28 08:00:00
The Italian retail network is not a very concentrated one by European standards. Modern stores make spectacular efforts to attract customers. Our correspondent has visited hyper markets of Finiper and...
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Let’s apply, but how?
Date: 2007-11-28 08:00:00
Since our accession to the EU, all we have been listening to was how much financing is/will be available through tenders. This is also an issue of high priority for...
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Less sugar than expected is still enough
Date: 2007-11-28 08:00:00
Sugar reform in the EU signals the beginning of a new era for the Hungarian sugar industry. Though domestic sugar production is only a fraction of what it used to...
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Iper Portello
Date: 2007-11-28 08:00:00
Finiper is one of the largest operators of hyper markets in Italy. It ranks 8th among retail companies, with 25 hyper markets, 115 supermarkets and annual revenues of EUR 2,8...
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Change in trend
Date: 2007-11-28 08:00:00
In the near future it will be especially difficult for multinational companies to define prices for global products in the Hungarian market. In order to maintain their market share, they...
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