Market News
Inspection at European big supermarket chains
Date: 2008-02-06 00:00:00
A European Parliament petition on investigating and remedying the abuse of power by large supermarkets operating in the EU has received signatures from 60% of all MEPs. The increasingly dominant...
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Hungary's economic growth will pick up and its inflation will slow down this year
Date: 2008-02-05 00:00:00
Based on the past months' developments, the extent of the changes is likely to be smaller than previously thought, economic think tank GKI said in a forecast elaborated in co-operation...
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The labor market of retail to increase in 2008
Date: 2008-02-05 00:00:00
According to Hungarian National Labour Service this year's end will have a positive balance, 56,000 more job will fill up as last year December.The authority said there will be a...
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French Supermarket Workers Strike over Wages
Date: 2008-02-05 00:00:00
Thousands of French supermarket workers went on strike on Friday to demand higher salaries and better job conditions. The strike by supermarket employees was the latest in a series of...
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Top-100 Hungarian Companies are Less Optimistic
Date: 2008-02-04 00:00:00
The ECOSTAT TOP-100 business confidence index was 86,6% at SME's 79,4% in January 2008. Hungarian companies are looking to the future with a degree of apprehension, according to the stats....
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A Helping Hand for SMEs for free
Date: 2008-02-04 00:00:00
The Mentoring Business Transfer is sponsored by European Union, essential business informations are teached in 10 days. The Hungarian Chamber of Commerce & Industry takes part in the program, wich...
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Fake products in value of HUF 18 million were atteched at Jozsefvarosi and Rakospalotai Markt
Date: 2008-02-04 00:00:00
The specialist of Hungarian Customs and Finance Guard opens 15 closed kiosks and containers. According to authority 3,000 fake clothes and 200 paar of fake shoes were found. At Rakospalota...
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Difficult year behind and ahead of us
Date: 2008-02-01 08:00:00
Last year was a difficult one as a result of austerity measures and decreasing purchasing power. Though exact figures are not available yet, the end of the year shopping frenzy...
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A European bronze for Belgium in discount stores
Date: 2008-02-01 08:00:00
There are only 8,000 food stores in Belgium which has a population equal in size to that of Hungary, where we have over 20,000. According to a Nielsen survey, even...
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Two giants battle in Hungary as well
Date: 2008-02-01 08:00:00
Two giants and gigantic competition. The battlefield is Europe and to some extent, the whole world. Aldi is present in ten countries in Europe, but it also has stores in...
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Bitter-sweet Belgian praline
Date: 2008-02-01 08:00:00
The Belgian GDP is USD 38,000 and economic growth is 3-5 per cent, but they have their problems too. Theoretically, the Walloons and the Flemish should live together in harmony....
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Brands coming to life in stores
Date: 2008-02-01 08:00:00
Hostess promotions are the biggest “events” that take place inside stores. What are the details which need to be taken into consideration in order to make such events truly effective?...
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About 2007 and 2008
Date: 2008-02-01 08:00:00
In recent year, our prime ministers have picked up the habit of addressing the public in “State of the Union-style” about the year. This reminds me of the joke: “This...
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Withdrawal of sugar
Date: 2008-02-01 08:00:00
Many people believed that hard times were over for local producers of sugar in 2006, when Eastern Sugar closed its Kaba factory and handed back its production quota which accounted...
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Superior entertainment
Date: 2008-02-01 08:00:00
Organising events is an ancient activity which has matured over the centuries both in terms of technology and human resources. According to György Pártos, strategic director of Creamteam, success can...
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The secret of real wiener schnitzel
Date: 2008-02-01 08:00:00
Gathering information and being well informed is essential today, in our accelerated life. We must be familiar with the market we compete in and consumers are also increasingly familiar with...
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Looking for a way out
Date: 2008-02-01 08:00:00
Open and constructive discussion took place at the roundtable conference organised by the Milk Product Council and SOLE-MiZo. The 75 participants were trying to work out the best conditions for...
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Independent profession at last
Date: 2008-02-01 08:00:00
The Association of Hungarian Event Organisers was established in 1992, and has over 105 members at present. However, this activity was only issued a TEÁOR registration number of its own...
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Eventful end for the year in the market of sweets
Date: 2008-02-01 08:00:00
Austerity measures do not seem to have had much effect in the market of sweets, with supply showing dynamic growth. The expanded assortments of Bonbonetti Choco Kft., Nestlé Hungária Kft....
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Not enough POS accept cards
Date: 2008-02-01 08:00:00
According to a survey conducted for MasterCard®, significant changes have taken place in the way we use debit cards, in the last five years. While only 31 per cent of...
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Choosing gifts
Date: 2008-02-01 08:00:00
Choosing gifts is not an easy task because we intend to make two people happy. We want to make ourselves happy by giving something we feel is special and we...
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Billboard companies joining forces
Date: 2008-02-01 08:00:00
A strategic alliance has been formed by six advertising companies at the end of November. The companies which provide outdoor advertising services intend to co-ordinate their efforts in serving clients....
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Food prices going up
Date: 2008-02-01 08:00:00
The average increase in consumer price was 0,6 per cent in November 2007. Prices showed a year on year increase of 7,1 per cent. According to a KSH report, prices...
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Football European Cup: + EUR 1,4 billion
Date: 2008-02-01 08:00:00
According to a survey prepared for MasterCard, the 2008 football European Cup may yield a profit of EUR 1,4 billion for the economy of the continent. Each of the games...
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Goose less popular
Date: 2008-02-01 08:00:00
The Agricultural Business Research Institute (AKI) monitors the trends in the world markets of poultry and meat. Data from the Market and Price Information System KSH and AKI can be...
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Search engine for small enterprises.
Date: 2008-02-01 08:00:00
Google has made its Individual search engine internationally available. The Individual search engine is a simple and cost-effective means for small enterprises and other organisations to accommodate the Google search...
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Shrinking deficit, slow growth
Date: 2008-02-01 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, both the external and internal balance of the Hungarian economy will show more than expected improvement this year, but...
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Creditworthiness in decline
Date: 2008-02-01 08:00:00
According to an analysis prepared by Coface Hungary, the number of insolvency procedures increased by 24 per cent last year, which means that 3.7 per cent of businesses had become...
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Dermatologist in the West, TV in the East
Date: 2008-02-01 08:00:00
According to data from a survey conducted by GfK Roper, four people out of ten are satisfied with the way they look world-wide and in Hungary, as well. The survey...
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Black tea losing ground
Date: 2008-02-01 08:00:00
Tea sales have been growing for years. According to Nielsen data, the market expanded by 9 per cent in terms of value in the December 2006 – November 2007 period,...
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