Events

Slovakian and Czech markets expanding faster than inflation

Last year, FMCG sales expanded at a faster rate in Slovakia and the Czech Republic than inflation. The Schwarz group is the market leader in the Czech Republic, while the...

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„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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Brazil and Mexico may be a way out of crisis

According to a recent survey conducted by Altradius among 300 companies world-wide, Latin American countries are becoming increasingly attractive destinations for companies looking for a way out of recession. Brazil...

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Softeners over HUF 13 billion per year

Softeners are the sixth biggest category among the 60 chemical categories monitored by Nielsen with total sales of HUF 13 billion in the November 2007-October 2008 period. This category is...

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South-west dynamic, north-east slowing down

Among local regions, retail sales show the most dynamic expansion in the south-west, according to data from Nielsen. In the north-east, no expansion has taken place in terms of value,...

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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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Aastra expanding in the region

In December 2008, an independent subsidiary was formed in Austria and a representative office opened in Hungary by Aastra Technologies Ltd. The Canadian company is present in 100 countries, offering...

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Little loyalty, many promotions for softeners

Softeners are one of the categories where promotions were most frequent in 2008. According to data from MEMRB, the Hungarian market of HUF 16 billion is dominated by three major...

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What should I wish for in 2009?

At the end of the year, we always look back to see what we have achieved. News of the financial crisis and economic recession has brought a lot of uncertainty,...

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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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UK initiative for reducing houshold food waste

The UK’s top grocery retailers, brands and manufacturers have committed to an industry-wide food waste reduction objective for the first time.  The WRAP’s (Waste & Resources Action Programme) Love Food...

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