Other
Retail chains help suppliers to be more competative
Date: 2007-12-06 00:00:00
According to Research Institute of Economics and Enterprises project the multinational retail companies have paradox effect on suppliers. Global trends indicate that there is increased concentration underway in the retail...
Read more
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...
Read more
British traders are on call
Date: 2007-12-04 00:00:00
Shoplifters will steal more than £431 million worth of goods during the build-up to Christmas in England. On the busiest shopping day of the year, on Saturday, December 22, retailers...
Read more
Campona to buy for €110 mln
Date: 2007-12-04 00:00:00
The shopping center was opened 8 years ago, its occupancy level is over 97%. Basic tenats are C&A, H&M, Electro World, Hervis. ING Real Estate has today announced the €110...
Read more
Food prices continue to rise
Date: 2007-12-04 00:00:00
Experts agree that the prize increase of maize and rice will be on a higher rate than this year. The latest report by the United Nations' Food and Agriculture Organization...
Read more
Tax stamps with bar code for drink in Hungary
Date: 2007-12-04 00:00:00
In the future only 3 kinds of tax stamps will use in contrast the 42 from today. From next June-July supervisors of Hungarian Customs and Finance Guard use bar code...
Read more
The big companies are more optimistic
Date: 2007-12-04 00:00:00
Economic research firm Ecostat's business confidence index was 87,6% at SMEs and 100,5% at TOP 100 in November. At Hungary's one hundred largest companies, almost 25% of the managers reported...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
Swine sector bleeding from several wounds
Date: 2007-11-28 08:00:00
Meat production is becoming increasingly concentrated in Hungary, with less than fifty enterprises generating three-quarters of domestic sales and the major part of export. The Hungarian meat processing industry ceased...
Read more
Animals behind
Date: 2007-11-28 08:00:00
According to KSH data, the prices of agricultural produce were 18 per cent up in August 2007, compared to August 2006. The average price of plant produce showed an increase...
Read more
Mild recession in the poultry sector
Date: 2007-11-28 08:00:00
There have not been many positive developments in recent years for the poultry sector. According to data from the Poultry Product Council, 427,000 tonnes of poultry was sold to industry...
Read more
Decline continuing
Date: 2007-11-28 08:00:00
Revenues of retail stores continued to decline in August 2007. Total sales were 3.6 per cent down compared to August 2006. According to KSH data, the volume of retail sales...
Read more
Milk price to continue rising
Date: 2007-11-28 08:00:00
According to Miklós Istvánfalvi, chairman of the Milk Product Council, this year has brought major changes for milk producers. Prices have begun to rise. In July for example, these were...
Read more
Product info from the net
Date: 2007-11-28 08:00:00
According to the Internet Insight Report of Gfk Hungária, Internet is already an important source of pre-purchase information for customers, despite the fact that online sales are still marginal in...
Read more
Fewer but more modern mills
Date: 2007-11-28 08:00:00
Hungary is part of the corn belt of Europe. Annual production is between 13-16 million tonnes. An increasing proportion of production is warehoused and exported. As an result of the...
Read more
(HU) Növekedési források az új piaci helyzetben
Date: 2007-11-28 08:00:00
Sorry, this entry is only available in HU....
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more