Events

„World of Private Label”

The exhibition held in Amsterdam under the slogan „World of Private Label” is the biggest of its kind in the world. The 2008 event was attended by over 3,000 exhibitors...

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Countline chocolate popular

Countline chocolate is producing growth even in times of recession, owing to its favourable price. Most innovations are aimed at reducing calorie content and making products healthier. The increase in...

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Spa-hotels most popular

The number of nights spent by guests in commercial places of accommodation was down by 1 percent in the January-November 2008 period, compared to 2007. Revenues were down by 0.5...

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Events from a trade marketing aspect

According to the founders of TMK, it is best to discuss events at a special event like. IFE Foodapest: The first presentation was held by Fernando Bujarabal, owner of Berceo...

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Washing powder and gel producing price rise in excess of 20 percent

Retail sales of washing agents stagnated at around HUF 37 billion in the November 2007-October 2008 period. Washing agents are the largest among the 60 categories of household chemical products...

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Agricultural prices falling permanently

The average price of agricultural products was down by 22.3 percent in November 2008, compared to 2007. The price of plant products was down by 39.6 percent, while that of...

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Nutritional values increasingly influencing shopping decisions

A survey has been conducted in six EU member states including Hungary about health conscious shopping decisions. A number of positive changes in Hungarian consumer habits have been detected. The...

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180,000

This is the number of hits produced by Google when we enter the words „crisis brand”. The hit appearing on top of the page is an article published by a...

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The future might belong to specialised washing agents

According to Nielsen data, the quantity of washing agents sold last year dropped somewhat. However, this is not bad news for manufacturers who launched a campaign two years ago, promoting...

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Retail sales continue to decline

The volume of retail sales was down by 1.9 percent in the first ten months of 2008, compared to the same period in 2007. A drop of 0.1 percent compared...

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Hungarians at Fruit Logistica 2009

This event gives excellent possibility of introducing the Hungarian vegetable and fruit sector.  FRUIT LOGISTICA 2009, the biggest-ever international produce industry trade event is open in Berlin. From 4 to...

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Paper bag is not a real option

According to datas of Hungarian Trade Association the food industry and the retail sector has HUF 10 billion extra costs because of the new green tax.  György Vámos, secretary of...

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Strategy for saving 100,000 jobs in Hungary

Social and Labor Affairs Minister Erika Szűcs said the government has HUF 16 billion domestic source for crisis-management strategy.  Enterprises can apply for job-preservation support from the regional funds beginning...

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In spite of recession Briton shoppers will Spend More On Quality Food

According to MealSavers.co.uk survey among 4,380 peopel consumers aren’t going to let the recession reduce the quality of the food they eat.  People are cutting costs during the recession, but...

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People eat healthier in the UK

British consumers are benefitting from the food industry's salt reduction efforts, according to new data from leading market insight provider, TNS Worldpanel. Between September 2006 and September 2008, shoppers bought...

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Retailers modify supplier contracts

After an inspection of the Hungarian Competition Authority (GVH) some retailers (Cora, Auchan, Metro, Profi and Csemege Match) undertook to align its suppliers contrats to the competition and the retail...

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Company liquidations rise to record high in January

The number of company liquidations in Hungary rose to 1400 only in the first month of the year, the Opten company-information service informed.  Last year 11,500 firms were under liquidition,...

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The liquidation of Zalabaromfi became absolute

According to former press information Zalabaromfi's owner Dale consortium's financial and business transaction at other companies made the processor's work impossible.  As known CIB Bank has frozen the company's bank...

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US consumer spending in six month row

According to government data consumption expenditures fell by 1.0 percent in December from the previous month.  Personal income also contracted for the third consecutive month at 0.2 percent in December,...

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In 2008 sales prices of food industry grow by 10.4%

Domestic sales prices of industry decreased by 1.6% in December 2008 compared to the previous month and were 8.3% higher than in December 2007.   Export sales prices of industry...

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Expectations hit bottom again

In industry, the plunge of the confidence index slowed down notably in December, but in January the index set to go south again.  The value of GKI’s economic sentiment index...

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Russian consumer confidence index fall

According to Nielsen research, Russian consumer confidence plunged to an eight year-low in the final quarter of 2008.  The Nielsen survey said the consumer confidence index fell to 88 in...

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Next week closes the final meeting about Food codex

Yesterday the comittee have to recess the meeting suites because ot the extraordinarily day in the Parliament.  Members of the commitee are specialist of the ministry, representatives of the farmers,...

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Hungarian NO for GM maize

In spite of EU comission's warning Hungary will not repeal the cultivation ban for MON 810 maize hibrid – said Zoltán Gőgös for business daily Világgazdaság.  Last week EU called...

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Confidence continues to worsen

According to Ecostat's latest measure of confidence reveals the sentiment at Hungary's biggest companies as well as at SMEs continued to worsen in January.  Ecostat's TOP-100 measure of confidence at...

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Ten largest retailers raise 2008 sales by 8%

The ten largest retail chains in Czech Republic raised sales by Kc23.2bn year-on-year to a record Kc312.2bn in 2008, according to preliminary results released by analytical company Incoma Research and...

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The Hungarian Poultry Product Board takes legal action

Last week at Grüne Woche exhibiton in Berlin Hungarian goverment made efforts to promote the Hungary's position on goose liver producers.  Also Four Claws, Austrian animal rights activists protest agains...

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ÉFOSZ is bitterly against vat increasing

The Federation of Hungarian Food Industries (EFOSZ) is opposed to 5% vat increase for stabilize the Hungarian economy and the budget.  The federation said today the Hungarian vat is higher...

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Professional training near to the market's request

The ministry of work developes a new education program for professional training together with represents of the employers.  Last year more than 40,000 professinal trained people got unemployment benefit, lot...

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Active young men spent the most for Christmas

According to on-line study of Szonda Ipsos research company, 24% of Hungarian save money during the year for Christmas shopping, 4% of the responders borrowed.  20% of the responders spent...

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