Events

So far we spent more on sweet biscuits this year

Data from Gfk Hungária reveal that households spent more on sweet biscuits in the first half of 2010 than in 2009. The number of buyers did not increase, but the...

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The biscuit market suffers from increased flour prices

Data by Nielsen revealed that sweet biscuits lost a significant share of their market in the last six months. Zsanett Teveli, Maresi Foodbroker Kft.’s brand manager told us that it...

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Plain biscuit strengthened its leading position

Sweet biscuit sales amount to HUF 23 billion per year, according to Nielsen. Plain sweet biscuit’s market share in December 2009-July 2010 grew to 43 percent in value (up 4...

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Rauch expands on a shrinking market

On 12 November Rauch announced at a press conference that they processed 80,000 tons of Hungarian fruit, 80 percent of which was apple. Gábor Kardos, Rauch Hungária Kft.’s director told...

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More expensive juice products increased their market share

In the fruit juice category, sales shifted toward more expensive products with a higher fruit content: the market share of juice grew to 29 percent in value – in December...

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In Forint terms Hungary exports more than before the crisis

Between January and September, the export volume increased by 18, imports by 16 percent compared to the base period. The increase in euro was 22, and 19 percent. The trade...

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Hungarian companies are optimistic

Hungarian business leaders are optimistic about their own companies and over the economic prospects of Hungary. Three quarters of them expect that their company’s revenue will reach or exceed the...

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Third of the pigs and one-fifth of the cattle have disappeared

According to the Central Statistical Office; third of the pigs and one-fifth of the cattle have disappeared in the last ten years. This shows that animal breeding is vegetating for...

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Euro zone’s economy increased by nearly two percent in a year

In the third quarter, the GDP of the 16-member euro zone increased by 0.4 percent, compared to the second quarter and by 1.9 percent, compared to the third quarter of...

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Consumption mood in the EU improved hardly

Public spending growth slowed down in the third quarter in the European Union (EU). According to the survey of the Visa Europe; the nearly half billion inhabitants of the union...

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Russia joins to the World Trade Organization

Moscow and Brussels signed the document of the WTO accession on the 7th of December – said Russian Deputy Prime Minister Aleksandr Zhukov in Moscow. According to the report of...

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MVH goes on with food-aid program sponsored by EU

Food distribution goes on in the next couple of weeks of year, on behalf of Hungarian Agricultural Authority (MVH) within the compass of a special food-aid program for those in...

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Hungarian companies only use social media for marketing purposes

The majority of Hungarian companies still do not get the hang of social media: they mostly use it as a one way platform to distribute marketing messages, instead of focusing...

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Egg allergy is the most common allergy in Hungary

Egg allergy is a type of food allergy. It is a hypersensitivity to dietary substances from the yolk or whites of eggs, causing an overreaction of the immune system which...

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GFK: We spend more in this year’s Christmas season

According to the survey of GfK Hungária Market Research Institute; a slight growth is expected in this year's Christmas shopping season, contrary to the decline of the previous years. We...

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Hungarians do not take up loan for Christmas gifts

According to the survey of Ipsos and Kirakat.hu; half of the Hungarian population – similar to last year – will spend less than 20 thousand HUF this year on Christmas...

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Global food prices near record

According to the calculations of the UN Food and Agriculture Organization (FAO); food prices are close to the historic peak of the food crisis of 2008. According to the datas...

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World trade turnover slows down, but the growth is still double-digit

World trade turnover growth significantly slowed in value in this year's third quarter – reported the World Trade Organization (WTO) on Wednesday. The import and export value grew by 18...

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The young people prefer Pöttyös Túró Rudi, older people Nokia

The Brand Community Survey of B&P Braun & Partners and GfK Hungária reserched what kind of brands prefer the younger and the older age groups. Overlaps increasingly occures between the...

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The German consumer mood is on its three-year peak

German monthly level retail sales increased in October, that have not seen for three years. The growth exceeded all analysts' forecasts and indicates a recovery in the European Union's largest...

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GKIeNet: Hungarian web trade may increase by 30 percent

According to the research of the GKIeNET market research firm; the total turnover of the Hungarian web trade is expected to increase to 130 billion HUF this year, from last...

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Shoplifters cause billions of forints in losses

Between July 2009 and June 2010, shoplifters caused losses totalling almost 5 bln euros for German retailers, according to a study by the British Centre for Retail Research and Checkpoint...

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Baby brands are more popular than ever

Tesco and a number of other retailers are moving into the baby category with their brands. Tesco is opening a Baby World store, stocking goods for babies and toddlers. Customers...

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Magazin: Meagre year, abundant Christmas?

Most manufacturers prepare for the holiday season with more gift packages than last year, but the balance shifted towards cheaper solutions in this segment too. Unilever Kft. has been performing...

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KSH measured a significant rise in food price inflation

The bad weather and the rise of import prices led to the intensive increase in food prices in Hungary. According to the datas of the Central Statistical Office (KSH); on...

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Hungarian milk consumption should be increased to 200 liters per capita in a ten-year period

The sectoral strategic program carried out at the Milk Marketing Board wants to increase milk consumption to an annual 200 liters per person in Hungary. Presently, the annual milk consumption...

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National competition to restore the reputation of pálinka

One can apply for the organization of next year’s national pálinka and törköly distilling competition, between the 1st and 31st of December 2010 – informs the press office of the...

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PwC: A positive change in the tax system

The government’s tax measures were considered positive by the experts of PricewaterhouseCoopers (PwC) today on the tax conference of the company. The experts of PricewaterhouseCoopers (PwC) have stressed, that the...

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Quality control sign against black wine

Hungary imported more than 130 thousand hectoliters of wine last year, a large part from Italy. The biggest problem, however, is the black import. Wine communities want quality control signs....

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Significant improvement in consumer sentiment in the world's largest economy

In November, the U.S. consumer confidence increased to a peak have not seen for five months, which indicates the expected strengthening of the economy – told the U.S. Conference Board's...

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