Market News

The new hungarian retail decree appeared in Magyar Kozlony

From 13 of Juli restaurants and shops will categorize by new methods.The decree changed the retail law, has only small changes, it speaks about opening a new store, selling outside...

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Hot summer, people drink water and beer

According to specialists on the very hot days people drink 20-100 more mineral water or beer.  Year after year there is a highly going tendency in drinking water, 15 before...

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Poisonous 'Colgate' in teh USA

Last week the US's Food and Drug Administration recalled toothpaste sold in discount stores in four American states after it was found to be tainted with a poisonous chemical. The...

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Reducing packaing

Britvic, Cadbury Schweppes, Coca-Cola, and Nestle are among the companies joining Unilever and others in signing a commitment to cut down on packaging and food waste under a UK programme....

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KA-VOSZ gave the 75,000 Széchenyi Card and took the 100.000 demand

20% of SMEs use this card, the interested credit is over HUF 350 billion. The Szechenyi Card is a good solution for short period liquidity problems. The credit can be...

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Operative steps against black commerce

According to VOSZ, the government should handle in the same way the venders on the black market, the mongers outside the stores and the legal worker traders.Sándor Demján, president of...

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368,000 sm new retail center will build in Hungary

Nex year 17 million sm new retail center will be finished in Europe, Hungary is on the 13. place. According to AIG/Lincoln the retailcenter market is one of the fastest...

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Supervisors will be not on a holiday, but will bob up on tourist places

The food safety control authorities are ready for an increased monitoring. In the summer places served for public eating, summer camps and events organiser can matter for abrupt check. The...

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Decreased food prices

Hungary's agricultural producer prices rose by 7.9% year on year in April, falling from a growth of 8.9% in March, the Central Statistics Office (KSH) has reported. Excluding fruits and...

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Modus to build largest retail scheme in Bucharest

UK developer Modus Properties, in partnership with Nova Imobiliare, are on course to build the largest retail and leisure destination in Bucharest, Romania. Phase one of the €450 million scheme,...

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EU to invest €4m into harmonizing Russian, European sanitary standards

The 30-month project, to be conducted in cooperation with Russian authorities, will be launched June 20. This is expected to help establish stronger economic ties between the European Union and...

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EU unifies rules for organic food labelling

Mass catering operations are excluded from the new rules although countries can choose to apply national rules if they wish.  EU ministers ended 18 months of squabbling over new rules...

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New online ad possibility for SMEs

According to Google from now the hungarian users can get the AdWords Business Pages. Intended for businesses without their own websites, AdWords Business Pages are informational webpages that advertisers can...

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Biofuels jack up food prices

The rapid increase in global biofuel production will push global corn prices up by 20 percent by 2010 and 41 percent by 2020. Thanks to high oil prices and hefty...

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The poultry price will be HUF 30-40 more expensive

The recent rise in price has several motives: rising of energy and feed costs, and a scarcity of goods, because the cheap products of South-America illuminated.   The stop of...

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Just Married Center in Biatorbágy

In the store opens 2009 the couple can buy clothes, decoration, flowers etc. for the wedding. In four grounds centre built near Budapest, in Biatorbágy. The store is unique in...

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Honey control finished

In food safety case the hungarian honey is okay, but 10% of them contend added sugar.  According to Laszlo Buza, ceo of MGSZH the control shows, there are no food...

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Poultry export to Russia starts soon

Moscow stopped the import in January, after birdinflu alert. This week may come the russian veterinarians.  Russia will dissolve the hungarian poultry import stop – according to József Graf, minister...

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The hungarian ministry of Agricultur steps up in interest of domestic flesh industry

The polish-russian flesh saga makes big problems on hungarian fleshmarket. The ministry suggests for industry not to buy foreign meat. Hungary and Polen initiate EU – support for their flesh...

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Survey: Climate change concerns increasing

A survey by the Nielsen Co. and Britain's Oxford University suggests global concern about climate change has dramatically increased this year.  The survey showed 2-in-5 (42 percent) of global online...

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Counterfeit Trade Is Growing Worldwide

Trade in counterfeit and pirated goods across national borders totaled at least $200 billion in 2005. „Trade in counterfeit goods is a big problem and getting bigger," says John Dryden,...

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Hungarian drunk more beers in 2006

68 % of the sold 7,152 hectoliter was traditional beer. Although the tax costs, the energie- and raw material prices growth, the hungarian beer industries has a positive balance for...

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Stronger food and drug safety controlls in China

China has released food and drug safety goals for the next five years, promising stronger surveillance and export controls that officials say will help improve China's international image and relations....

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The Hungarian shop more often, but give the same money as last year

Trade brands growth, first of all in discountstores – according to Nielsen newest research.  The number of fmcg stores decreased last year from 23086 to 21959, their income was 3-4%...

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EU overturns Sweden alcohol import ban

The European Court of Justice (ECJ) has ruled Sweden's ban on private consumers importing alcoholic beverages is an “unjustified quantitative restriction on the free movement of goods” under European Union...

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Irish soft drinks pass safety tests

Irish soft drinks manufacturers have responded to a new health scare by having their products tested by Irish and EU food safety authorities.   The Beverage Council of Ireland (BCI)...

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The british organic foods market is attractive enough for american bio companies

Whole Foods Market Inc., America's most successful organic supermarket chain, opens its massive flagship London store next week. Whole Foods — founded 30 years ago by Texan John Mackey, a...

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Hungarian trade deficit decrease

Hungary's revised Q1 trade deficit came in at €280,4 million, €377,6 million less than a year earlier, the Central Statistics Office (KSH) said.  Exports in Jan-March rose 18% to €16...

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