Events

Hungary food safety authority gives all-clear on supplement scare

Hungary has not imported any food supplements containing nimesulide, a substance known to be hepatotoxic, the Hungarian food safety authority (MEbiH) told MTI.  Sweden recently informed the European Commission through...

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Only half of developing came true in 2008

According to property consultancy ESTON International there was no handover of new retail properties in Budapest in 2008, and several developers experiencing financial trouble delayed or even stopped projects.  At...

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GDP growth under 1%

The slowdown of economic growth over the year continued in the last months of the year with the decrease of production and use.  According to the common flash estimate of...

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Sales prices of industry growing

According to Hungarian National Statistical Office the domestic sales prices of industry rose by 0.9% in January 2009 compared to the previous month and were 4.4% higher than in January...

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HUF 350 bln for R+D in Hungary

A map of the subsidies was published by R+D minister Károly Molnár at a symposium.  About HUF 350 billion in grant money to support research and development as well as...

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Competition Commission to introduce code to protect supermarket suppliers

The Competition Commission in the UK will introduce a new code of practice for supermarkets to enhance competition and ensure the fair treatment of suppliers.  After investigations last year the...

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Drastic Sales decreasing in Lithuanian

Sales at food retailers were down 10.2% year-on-year, while non-food retailers suffered more, with sales down 20.6%.  Sales at Lithuanian retailers in January slumped by 27.2% on a year-on-year basis...

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U.S. consumer spent more in January

The January gain followed a drop of one percent in December 2008 and was even better than the 0.4 percent increase that economists had expected.  U.S. consumer spending rose 0.6...

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The value of GKI’s economic sentiment index has been falling

According to the survey conducted by GKI Economic Research Co. with the support of the European Union, business expectations deteriorated even more sharply in February than in January, whereas the...

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Less coffee consumption decreasing as awaited

Valdo Café made a survey between its 100 big clients about the effects of the financial crisis on coffee consumption in Hungary.  According to the survey there is a small...

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Retail investments increased in 2008

The annual value of investments came to HUF 4791.5 billion at current prices. Within this HUF 1835.2 billion were spent on investments in the fourth quarter of 2008. According to...

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Returnable packaging contra selective waste collection

There are several methods in the EU for collecting of packaging waste. Öko-Pannon Kht. and Ministry of Environment and Water organised a conference about this.  The participants of the event...

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Lidl Seeks to Repair Image

Europe's biggest discount supermarket chain is trying to fix its image after last year's revelations that it spied on staff.  In an interview with SPIEGEL ONLINE, Lidl's purchasing chief Robin...

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Subvention cut is misproportioned – assures the Hungarian Chamber of Agriculture

The organisation said the government encroaches on principle of proportion and equitableness. The chamber asks for extending the quarantee of the government for agricultural integrators.  The Hungarian Chamber of Agriculture...

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Antitrust fine on pasta makers in Italy

The Italian antitrust authority has fined 26 pasta manufacturers a combined total of E12.5m, for practices that were said to be impeding competition.  The regulator said the companies, along with...

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Food Makers Pump Up Fiber Contents

According to Datamonitor's Product Launch Analytics, the percentage of new food products touting high fiber contents is up in markets like the U.S.  In the U.S., the percentage of new...

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Financial crisis speeded up the changes in consumption pattern

Hungarians spent less in milk, processed meat and detergent categories, but gave the same for paste, cheese, yoghurt and hygienic supplies.  According to think tank GfK, the negative tendence in...

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Hungarians bought more suppressed in December

According to Hungarian Central Statistical Office's data, the volume of retail sales decreased by 3.9% in December, and by 2.1% in the whole year compared to the same period of...

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Hungarian Product Grand Prix 2009

Companies can entry the competition till 22th Mai, this time in 16 categories.  The inviters think, that the most important aspects of the 12th Hungarian Product Grand Prix: innovation, active...

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Plastic separation by optical mashines

FE-Group invested HUF 400 million to by x-ray mashines for detecting detect non-plastic waste and other garbage between the collected plastic waste.  The first optical waste managment system works in...

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Unilever Launches Ice Cream Business in Romania

Company has agreed to acquire the iconic Romanian ice cream brand Napoca, and will sell Magnum and Carte d'Or, throughout the country. In addition to Magnum and Carte d'Or, the...

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Poland simplify excise tax stamp

From March 1, 2009, Poland will initiate a new excise stamp regime for alcohol. Excise tax stamp plans were updated simultaneously for tobacco.  From March 1, 2009, Poland will initiate...

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Hungarian Chamber of Agriculture promises more assertive clout

The chamber established five departments, they will cooperate with sectors special organisations, deal severely with Hungarian government and the European Union and mind interests of the sector.  Last week delegates...

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Conference abouth Hungarians' free time

The average Hungarian consumer is workaholic, works in its free time, nowadays holidays mean most than money or other goods. It is a tendenz, that people think life is a...

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Hungarian Plain is one of the poorest region in EU

The poorest 20 regions in the EU 27 were all located in Bulgaria, Hungary, Poland and Romania, In Hungary the Nort and South Plain and North Hungary are the most...

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More than 80,000 visitors at 39. MIA

Almost 1,500 represented and direct exhibitors occupying 100,000 m2 and laid out according to a new expo format, which focus on food & beverage proposals.  MIA was an specialist showcase...

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Novelty: Acoustic Transparent promotion textil trade show today and tomorrow (x)

Mekkora Print Ltd. with 12 printing experience offers new brandable textils in frame of Event Expo Hungary exhibition between 20-21 February at Laszlo Papp Sport Arena in Budapest.  Company shows...

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Specialists don't forecast food price increase

According to Márton Szabó, Kopint-Tárki Research company's leader analyser, increasing VAT from 20 to 23% will not have big effect on food prices. Researchers think the retailer will not assign...

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Hungarian wine growers in trouble

According to Varga Winery market analyze demand for wine decreased at HoReCa sector, but sales in retail are till now stabil.  The survey said in January there was a 15-20%...

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Retail area still growing in Hungary

According to DTZ real estate adviser's analyze in 2009 the retail area increase by 450,000 sqm in Hungary. In next 3 years the grow will be 1 million sqm.  Last...

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