Market News
70 million litres of tainted Italian wine
Date: 2008-04-08 00:00:00
Italy produced and sold at least 70 million litres of cheap wine containing acid, manure and fertiliser, Italian weekly L'Espresso said on Friday, largely blaming organised crime in the south....
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Business confidence decreased
Date: 2008-04-07 00:00:00
According to think tank Ecostat the business confidence of both Hungary's 100 largest companies and small and medium-sized enterprises stood at 89.5% at the end of March, lower than in...
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Costumers would favors Hungarian Brands
Date: 2008-04-07 00:00:00
According to the TNS Hungary – OmnicomMediaGroup research only 10% of asked people can exactly different the Hungarian and international brands. 500 shoper, over 15 years were asked about...
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Two More German Chains Caught Spying on Employees
Date: 2008-04-04 00:00:00
A report has emerged showing that the chains Plus and Edeka may also spy on employees. A week after reports emerged that the major German supermarket chains Lidl and Schlecker...
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Coface Downgrades its United States Rating to A2
Date: 2008-04-04 00:00:00
Coface analysis has shown a deterioration in the payment behavior of U.S. companies in January and February 2008. The tougher access to credit is handicapping the most vulnerable companies operating...
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More attention for older people
Date: 2008-04-03 00:00:00
In the next 15 years 700,000 employees will missing in Hungary, the society and the government should take the older people in the work. According to specialist 9.6 million people...
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Brands for Health & Well-being
Date: 2008-04-02 00:00:00
The Association of European Brands made a charta with almost 50 company, who assumed to take more attention for research and developing programs about healthy living. According to Henley Centre...
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Fall In Retail Sales in Germany
Date: 2008-04-02 00:00:00
According to preliminary data from Germany's Federal Statistics Office, retail sales fell by 1.6% month-on-month in real terms in February and also fell 0.3% on an annual basis. Despite a...
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Hungary manufacturing PMI rises to 52.5 % in March
Date: 2008-04-02 00:00:00
The rate of the March growth was smaller than in the same month of 2007 (59.0), and equals the increase detected in March 2006. According to the Hungarian Association of...
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Design Awards for the FMCG sector
Date: 2008-04-02 00:00:00
The in Hungary 3 years old DesignRoom magazin found a Design Award for companies who use design as value added on the products and in communications too. This is the...
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Voice of Entrepreneurs association in spring time
Date: 2008-04-01 00:00:00
It's the third event series round in Hungary about questions concerning the domestic entrepreneurs. This year tax decrising and transparency of tax system is on the table. National Association of...
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Cantaloupe from Honduras brought Salmonella outbreak in the US and Canada
Date: 2008-04-01 00:00:00
The FDA advises that U.S. grocers, food service operators and produce processors remove from their stock any cantaloupes grown packed and shipped from this country. Based on current information, the...
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Hungarian economy will bottom out from the last year’s “growth hole”
Date: 2008-03-31 00:00:00
According to the forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank the internal and external balance of the economy will improve further considerably in 2008. The...
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Unemployment grow in Hungary
Date: 2008-03-31 00:00:00
In the period of December 2007–February 2008, the number of employed people was 3,855 thousand and the number of unemployed people was 337 thousand, which meant an nemployment rate of...
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Ban British finance minister from pubs
Date: 2008-03-31 00:00:00
A blogger-led internet campaign aiming to ban British finance minister Alastair Darling from U.K. pubs after he raised alcohol taxes appears to be making headway. The campaign to prevent...
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Ban on smoking?
Date: 2008-03-28 08:00:00
According to Ágnes Horváth, minister of health, her ministry will submit the bill for the amendment of the law on the protection of non-smokers to parliament by the end of...
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Less households buying private labels
Date: 2008-03-28 08:00:00
According to data from the ConsumerScan of Gfk Hungária, beer consumption rose last year both in terms of value and quantity. Sales were up by 5,6 per cent in terms...
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Barbecue season to start early
Date: 2008-03-28 08:00:00
The Agricultural Business Research Institute (AKI) monitors trends in the world markets of meat and poultry. Data from the Market and Price Information System of KSH and AKI can be...
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Minimundus, the country brand
Date: 2008-03-28 08:00:00
Magyar Turizmus Zrt. presented the new national brand of Hungary for tourism in March. According to Balázs Szűcs, deputy general director of MT Zrt., the brand concept should carry relevant...
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Drugstores holding largest market share in body lotions
Date: 2008-03-28 08:00:00
Hand and body lotions are expanding categories with sales showing an increase of 10 per cent in terms of value and 8 per cent in terms of quantity last year....
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Improving expectations
Date: 2008-03-28 08:00:00
The business expectation index of GKI showed some improvement in February. While entrepreneurial expectations show a definite improvement, consumer expectations show stagnation. All sectors of the economy show more optimism...
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Top categories: plus and minus
Date: 2008-03-28 08:00:00
Nielsen monitors the sales of 90 food categories. The graph shows the changes which took place in the February 2007-January 2008 period. All categories produced expansion of between 3-17 per...
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Hydration is no longer enough
Date: 2008-03-28 08:00:00
Five major brands (Garnier, Nivea, Dove, Johnson & Johnsons and Baba) control 70 per cent of the hand and body lotion market. The category showed growth both in terms of...
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Chains of small stores suffering biggest loss 2007
Date: 2008-03-28 08:00:00
According to the Retail Analysis 2007 study by GfK Hungária, discount stores and hyper markets improved their respective market positions, while the FMCG sector slipped into relative recession last year....
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Faktoring ABC – about factoring in simple terms
Date: 2008-03-28 08:00:00
We hear about factoring every day, but relatively few businesses actually use this financial service. Probably, not many people are familiar with the advantages of factoring. We have asked Andrea...
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More effective compact washing powders more expensive
Date: 2008-03-28 08:00:00
Washing powder is the largest among the 60 categories of chemical products monitored by Nielsen. Sales increased by 10 per cent in terms of value last year, reaching HUF 37...
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CIES: business objectives and responsibility
Date: 2008-03-28 08:00:00
According to a survey conducted for CIES, manufacturers and retailers agree: leading enterprises in the food sector are able to view issues from a far wider than purely business perspective....
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