Market News

Due to negative press sales sill increased at snack market

According to Euromonitor PepsiCo, Procter & Gamble and United are the most successful snack companies. The topping position thanks to strong sales of popular favourites combined with innovation in the...

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Pessimistic mood in Hungarian Economy

According to GKI conducted survey, with European Union support, the overall confidence index down from September's minus 16.8 to minus 21.1 percent for October.  The consumer confidence index deteriorated from...

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Aromadon to Expand Powder Marinades Output

Marinade universal, the new product provides piquant taste and aroma as well as a gold colour.   Aromadon Ltd., a Russian manufacturer of spices, extracts and flavours as well as...

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Price explosion on th world food market

Global cereal prices are expected to remain at high levels for the coming year, warns the latest Food Outlook report by FAO.  FAO expects many countries will pay more for...

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Children's game recall

Bindeez games had been removed from supermarkets' shelves all over in the world.  The children's game must be recalled after it was discovered that beads used in it could metabolize...

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Slovakian Government ban to sell under ex works price

The president of the Slovakian Retail Association said, the new bill is against costumers and the constitution.  The bill would ban to sell some product under ex works price from...

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HUF 150 million for palinka marketing

The government protect the producers to set up a new association called National Palinka Board.   The third times bigger sum would help to populize the Hungarian spirit on domestic...

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Ginseng food supplements recall because of radiation

Czech food supplement manufacturer Biopol GN have to recall its “Barney's” ginseng food supplements.   This measure was imposed because Barney's ginseng, manufactured by Premium Quality Product of Canada, and...

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Europeans spent slim in August

The volume of retail trade in the euro zone rose 0.3% in September from August and rose 1.6% over 12 months, the European Union's Eurostat data agency said.   Retailers...

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Kraft Foods Inc. sells its Post cereals business

The American Ralcorp Holdings Inc.payed US 2.8 billion for it. Kraft continues to evaluate its brands and businesses in terms of its long-term growth plan, using several criteria: growth potential,...

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No change in tourism nights in the first three quarters of 2007

According to Hungarian Central Statistical Office the greatest growth had the Balaton, here were 24% more domestic tourists as in the same perion 2006, Budapest had less domestic tourist as...

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(HU) Európai Kereskedelem Napja

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In 2006 productivity grew strongly in the EU

According to the EU's annual competitiveness reportworker productivity in the bloc increased by 1.5 per cent in 2006 – the highest level so far this millennium, and a tenth of...

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Improving balance of the Hungarian economy

According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank the Hungarian economic policy adjustment is taking place in a favorable European business climate but...

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No distortion at competition in Britain

Supermarkets stand accused of buying up land to keep out rivals.  Shoppers in most areas have a good choice and benefit from strong competition between retailers, but in a number...

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E. coli bacteria in beef from Canada

9.8 million kilograms of beef were recalled in October More than 40 people are ill in 8 American county because of the meat products of Rancher's Beef. ....

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Digital and universal electronics selling well

In the central and eastern European region, the sales of non-perishable consumer goods are becoming increasingly concentrated. According to a survey by the Gfk Group, online sales are growing as...

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Delayed changes

It was good news for players in the FMCH market that the recession resulting from the restrictive economic measures introduced last autumn had been delayed. However, it is bad news...

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From store to store in Shanghai (part 3.) – Tesco

Within the single hour I spent in a Tesco in Shanhai, I had seen 37 signs saying “cheaper” in both Chinese and English. There is always plenty of activity to...

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Christmas on shelves

Precise planing is needed in order to achieve the major boost in sales that is expected in the Christmas season. Most companies begin planning their special packages and offers for...

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Risks can be reduced

According to a presentation by Éva Palócz, general director of KOPINT-TÁRKI Konjunktrúrakutató Zrt. held at the conference organised by Coface Hungary in Göd, on 11. October, a large part of...

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Brands and prices in a Shanghai supermarket

I have dotted down the prices of a few branded products also known in Hungary, for the sake of comparison. Products are arranged in the order we see them from...

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All kinds of pleasant things in their bag

Renewed popularity of the red Santa Claus bags is not only due to the prevalent “retro” trend. Sales of branded, premium chocolates will be supported by spectacular POS tools. Several...

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JEREMIE: program for small SME-s

One quarter of Hungarian SME-s are capable of rapid growth, even if they are located in backward regions. Recognising the importance of SME-s and their difficulties in finding access to...

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Milan, part 1. – Coop, Via Arona: colours, lights, live music

According to Domenico Protti, regional director of the largest Italian food retailer, Coop Italia, colours are very important inside stores. They have studied the effect different colours have on turnover...

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Fondants with double function

Though we do not have sales figures about the market of fondants, no radical changes were been seen last year. According to Imre Horváth, general director of Sweet Point Zrt.,...

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