Events

The industry behind food safety

Companies providing the background for food safety have developed a number of innovative technologies which allow food to be tracked from farmlands to our tables. One of the key elements...

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Less ice cream sold

According to a survey by GfK Hungária, ice creams continue to remain popular, though the growth in sales has come to a stop. 68 percent of the consumers interviewed in...

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Consumer expectations continue to deteriorate

According to the GKI Consumer Confidence Index, consumers continued to get more pessimistic in April. Consumer confidence has been deteriorating since the winter of 2008. Expectations regarding unemployment in the...

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Food safety on the agenda of KRIMINALEXPO IT-SEC

Effective measures against the most dangerous forms of counterfeit among food and pharmaceutical products will be a priority topic at this year’s KRIMINALEXPO IT-SEC conference and exhibition to be held...

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Committed to quality and unbroken customer confidence!

Szikrai Borászati Kft. has been present in the market in its present form since 2004. Its owner and CEO, Tibor Sári and his team are committed to quality and reliability....

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Euro zone slowing down as well

GDP was down by 1.6 percent in the Euro zone countries in the last quarter of 2008, compared to the third quarter, which was more than the anticipated 1.5 percent...

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Market share of PL mineral waters dropping

Growth has stopped in the mineral water category. A drop of 2 percent in retail sales in terms of value was registered in the March 2008-February 2009 period, reducing the...

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We are first in terms of insolvency in EU

According to Zoltán Dercze, director of Coface Hungary, we have the highest percentage of insolvent companies inside the EU. One out of 24 companies existing in January, will not survive...

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Mineral water brands looking for ideal price/profit ratio

In spite of the recent drop in sales, the mineral water category still has potential for growth. However, closer co-operation with the retail sector is required to utilise this potential.....

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Industrial statistics continue to worsen

Industrial production was down by 25.4 percent in February 2009, compared to the same month in 2008 and by 4.1 percent compared to January 2009. As a result of a...

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Retro 2

When I began writing this article, the EUR was worth HU 315. When I finished writing, it was worth HUF 293. So much about our ability to make plans. Then...

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Decline in market of mineral water

According to the GfK Hungária ConsumerScan, the market of mineral water showed decline both in terms of quantity and value last year. Sales were down by 5.1 percent in terms...

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Milk price hitting bottom

Supply prices of agricultural products were down by 27.4 percent in February 2009, compared to the same month in 2008. The price of plant products was down by 37.2 percent,...

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Buying local products voluntarily

Following many months of negotiations, a code of ethics has been signed by the representatives of retailers, farmers and processing enterprises which will become effective on 1. July. According to...

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Faster than average growth in sales of insecticides

The market of insecticides expanded by 11 percent in terms of value in the March 2008-February 2009 period, compared to the preceding 12 months, with retail sales exceeding HUF 3.5...

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Volume of foreign trade down

Export was down by 28 percent in January, compared to January 2008, while import was down by 27 percent. The balance of foreign trade showed a deficit of HUF 47...

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Private labels on the offensive

Private labels have been continuously increasing their share in retail sales for years. The assortment of private labels is widening and deepening at the same time. The perception of private...

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Demand shifting towards insect repellents with lower environmental impact

As long as insects will continue to exist, insect repellents will have a stable market. However, demand is shifting towards products which have a smaller impact on our environment. As...

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Portugal in the forefront of growth

Food retail has been developing at a remarkable rate in Portugal, which was second only to Poland in terms of quantitative growth last year. Sales of FMCG products grew by...

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Surprising results of the latest food safety research (X)

The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not  believe...

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Hungarian pig farmers can find new markets

The Chinese and Russian drop in demand for the U.S. pork can open new markets for the major European exporters – quoted Napi Gazdaság the President of the Association of...

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Quality pálinka as Hungaricum

Pálinka National Council was created to organize and supervise the quality control of the Pálinka, and develop the national pálinka-strategy. In the 13 member plenum exponents of the Minister of...

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Week of European small and medium size businesses

Between 2009 May 6 and 14 the Week of European small and medium size businesses 2009 will be held invited by the European Commission. Hungary will connect to the European...

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The number of flu-infected exceeded one thousand

European health authorities have stated, that more than 1000 people have already infected with the new type of flu around the world. Twenty-six person died in the epidemic so far,...

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Due to the crisis and the epidemic travel market has difficulties

Travel market has been thoroughly shaken by the economic crisis and the swine flu. However earlier, market started to transform as organized online travel agencies started to emerge. The process...

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Brazil, is the hit market of department store investments

According to the information of the Brazilian Store Association, last year an appropriate amount of 390 billion HUF was invested in the development of the industry. Despite the crisis, this...

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Hungarian meat processing companies are in trouble

Gyulai Húskombinát faces insolvency, Herz is struggling with a serious lack of resource and debt. Without floating assets credit Gyulai Húskombinát faces bankrupcy – informed Népszabadság, Ruck János the Chief...

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Customer confidence needs to be strenghtened (X)

Originality-and quality check of food products is necessary. Since the 2006 scandal,  illegal trading with vehicle components has become more common instead of abuses with highly protected vehicle documents. The...

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Hungarians in the world's largest professional food exhibition

Until the beginning of May 40 Hungarian exhibitor indicated that they wish to take part in the world's largest professional food exhibition the Anuga in Cologne, will be held during...

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Pork trade won’t be limited

Several international organizations stated, that there is no need for further precautionary measures in the pork trade. The joint communication of World Health Organization (WHO), Food and Agriculture Organization (FAO)...

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