Events

Food Nutrition Labels are Puzzle

In a study of educated adults — 75 percent had at least a high school education — most had trouble understanding everyday food nutrition labels.   Dietitians aren't surprised, since...

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Credit from the Drugstore – German method set an example

The personal bank services are important in Germany, but this time the place of the credit application is not a branch bank, but a coffee house or a drugstore. Most...

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Sale and lease back

European commercial property sales and leasebacks are set to grow to about 30 billion euros a year as firms seek to unlock the value of real estate on their balance...

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Tesco moves into the buoyant UK property market

Sellers will be able to list their homes on a Tesco website for a one-off fee of about £200.Last year, rival supermarket Asda provided touch-screen terminals with details of properties...

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One month – 1300 checks – HUF 91 million penalties

For authorities controlled in June together, the Hungarian Tax and Financial Control Administration, the Consumer Protection Agency, the Hungarian Labor Inspectorate and the Hungarian Customs and Finance Guard. Missing bills,...

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Gaining deeper customer insight is the key to gaining a competitive edge in the retail

Loyalty cards give retailers a better guide to customer preferences study finds."Customer loyalty is based on the extent to which merchants connect with customers' interests, values and needs," said Nigel...

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Hungary's external and internal balances improved in the first four months

Hungary's Central Statistics Office (KSH) has revised that the cumulated trade gap at the end of the first quarter was EUR 442.4 m, down from prelim EUR 463.9 m and...

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Price of household goods decreased, food prices increased

Domestic sales prices rose by 0.4% in May 2007 compared to the previous month, and by 7.8%compared to May 2006.  The export sales prices expressed in HUF were higher by...

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Italy wins in „cheese war”?

It sets up a thrilling finale when the full Court of Justice will rule later this year on whether “Parmesan” can be made only by northern Italians or by any...

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Own brand confectionery grows across European markets

European confectionery private label market share is continuing to grow strongly, according the latest statistics by Neilsen for the Private Label Market Association. Results indicate that the retailer brand market...

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Decrease in Budapest but increase in Szabolcs

The interim biennial purchasing power index compiled by GfK Hungária shows that well-performing counties are stagnating or dropped back slightly. Since 2000 there was a permanent growing in the capital,...

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Year of M&A

According to Reuters global M&A activity is on target for a record year after a first-half surge.  An increase in cross-border corporate mergers helped Europe push past the United States...

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European Food Safety got well

Alert System for Food and Feed (RASFF) which shows that notifications on risks to food safety fell by 5% in 2006 compared to 2005.This is the first time since the...

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Business confidence of big Hungarian companies improve in June

The index gauging the confidence of Hungary's largest corporations stood at 58 points in June, up 4 points from May and at a six-year high, indicating outstanding optimism, Ecostat, the...

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M.E.G.A. group is played into the hands of Ukrainian

The ownership change was made in Februar, after the re-labeling scandals, but the Registry Court has enroled now the two new owner from Ukraine. The M.E.G.A. Group, with five firme,...

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Hard competition on softdrinks market in Ukraine

Orangina Group, the beverage producer has acquired Rosinka, a Ukrainian soft drinks manufacturer, for an undisclosed sum.  Rosinka, which has a workforce of 600, saw its 2006 turnover reach 30...

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Toxic industry raw materials in chinese food

Chinese media are reporting that authorities have shut down 180 food factories, after inspectors found industrial chemicals in products from candy to seafood. Authorities say formaldehyde, illegal dyes and industrial...

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Warehouses near to the downtown

Construction work has begun for a 20,000-square-metre (4.94-acre) business park in Táblás street in Budapest's 9th district. InNove Business Park will comprise warehouses and office space. It is located at...

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Uninterrupted growth at LLP

LLP Group, a leading provider of ERP and CRM solutions in Central and Eastern Europe, has reported 2006 total revenues of 7.7 million EUR, representing 12% growth over 2005.  The...

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Traditional stores strong in pasta

According to the Retail index of Nielsen, retail sales of pasta exceeded HUF 20 billion in April 2006 – March 2007. Sales grew by 5 per cent in terms of...

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Diverse prospects for our key industries

The secret behind the Brazilian food miracle was not the only topic at the AKI conference held in June. Medium-term prospects for European food markets were also discussed and we...

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Product placement in the focus

In May 2007, competent ministers of EU member countries accepted the amendment of the 1989 “Television Without Frontiers” directive, to allow product placement. The topics discussed at the Press Club...

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Beware of the midget!

This was the title of a movie, in which Goldie Hawn saw a hit man in every short man she met. I call sales people who fail to sell –...

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Cheap imports? Another pasta…

The spreading of modern stores is taking its toll on regional pasta brands. As the number of small stores decline, the market of regional brands shrinks. The expansion of private...

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No more subsidies for exports of dairy products

In line with a recommendation by the EU Commission, the EU has decided to stop subsidising exports of butter and cheese. Exports subsidies would be reduced to zero, but would...

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How to find talent?

The club meeting and grill party held by Trade Marketing Klub on 7. June, was the garden of Szamos Marcipán Szépkilátás confectionery. There was plenty of good food, supplied by...

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Discounting

A classic cash register shows us how much we have sold. Though barely noticeably yet, amounts in cash registers at the end of the day have begun to shrink. Small,...

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Modern store types continue to get stronger

Total retail sales of liquid flavourings (mayonnaise, ketchup and mustard) exceeded HUF 10 billion in the April 2006–March 2007 period. All three categories showed expansion....

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