Market News
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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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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Fragmented baking industry in weak bargaining position
Date: 2007-11-28 08:00:00
The gross production of the baking industry is expected to exceed HUF 100 billion this year, which represents 5 per cent of the food market. Production remains very decentralised with...
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Dolce vita in stores as well
Date: 2007-11-28 08:00:00
Italians enjoy life and food. The rate of economic growth is 3-4 per cent, inflation is around 2 per cent and Italians are spending more on food. Private labels are...
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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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Increasing dominance of mineral water among alcohol-free beverages
Date: 2007-11-28 08:00:00
The consumption of healthy, alcohol-free beverages has been rising during the past decade and is now at the level of the European average. Consumption of alcohol-free beverages has doubled in...
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Esselunga Rho
Date: 2007-11-28 08:00:00
Opening hours: Monday – Saturday: 08,00-21,00 Total area: 8,500 square meters Store space: 4,200 square meters Number of items: 21,000 Fresh food: 1,480 Dry food: 9,350 Non food: 3,000 Annual...
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European recognition for Széchenyi card
Date: 2007-11-28 08:00:00
Széchenyi card has been selected by the jury of the European Enterprise Awards 2007 to be one of the 13 finalists. The result of the final will be announced on...
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Mineral water market continue to sparkle
Date: 2007-11-28 08:00:00
There are 100 springs in Hungary which provide certified mineral water. Water from 45-50 of these is bottled. No major changes have taken place during the past two years in...
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Vision of the future – with a difference?
Date: 2007-11-28 08:00:00
I listened enthusiastically to an account by Zsuzsa Hermann, editor in chief of this magazine, of the successful POPAI Hungary event, held at the end of October. A vision of...
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Champagne market expanding around Christmas
Date: 2007-11-28 08:00:00
The Christmas/New Year’s Eve season accounts for 40 per cent of annual champagne sales. Though the annual level of consumption shows stagnation, end of the year consumption is growing. Over...
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Imported wine in one out of six glasses
Date: 2007-11-28 08:00:00
According to estimates, the quality of grape produced this year will be good, but its quantity will be less than usual. Wine production will just be sufficient to cover domestic...
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Good communication skills are no longer enough
Date: 2007-11-28 08:00:00
The development seen in the field of technology has not been welcomed too enthusiastically by sales reps. Though registering orders has become simpler and faster, GPS and Internet based monitoring...
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Panorama of champagne before clinking glasses
Date: 2007-11-28 08:00:00
The structure if the champagne market is not unlike that of wine. Differences however, are more interesting. According to György Kovács, managing director of Törley Pezsgőpincészet Kft., sweet champagnes continue...
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Increasingly popular beer specialities
Date: 2007-11-28 08:00:00
According to the Hungarian Association of Breweries, the combined sales of the four large breweries increased by 5.6 per cent last year. Lager beer continues to account for 68 per...
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