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Goose feather and the goose liver may become Hungarikums

The new legislation will declare goose feather and the goose liver as Hungarikums – turned out at the consultations between the Poultry Product Council (BTT) and the Ministry of Rural...

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Food prices on two year peak

Global food prices increased in August for the third consecutive month. FAO’s global price index increased to its two year peak. The FAO food price index – which records the...

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The world's second largest fast-food network to be sold

According to the informations of the Wall Street Journal; Burger King negotiates with a British private equity company, over the sale of the company. Several companies purchased Burger King from...

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Increasing consumer spending in the United States

Spendings increased in the world's largest economy with the highest rate, (0.4 percent) since March. According to analysts; the strengthening, is due to the slight increase in real incomes, and...

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Retail trade: We pay still less on daily consumer goods

According to GfK Hungária; The market of daily consumer goods continues to decline in Hungary. In the first half of 2010, the market of daily consumer goods decreased by 0.5...

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Pos Media – Acquisition of Célcsoport Média in Hungary

After it’s recent successful expansion into Ukraine and Turkey, POS Media Europe, the leading European point of sales media agency, has acquired a majority stake in Célcsoport Média Ltd in...

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The Russian government considers a price stop

In Russia, certain foods become more expensive to the extent that it allows the government to restrict their prices. However, there are several counter-arguments against the measure, therefore, the government...

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International Farmer Days in Bábolna for the 26th time

The International Farmer Days in Bábolna is the oldest exhibition of the Hungarian agriculture. The International Farmer Days will open its gates between 8 to 11 September 2010. The highly...

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Zsindelyes Pálinka and Gastronomy Festival for the 4th time

The Zsindelyes Pálinka Distillery orgainses the Zsindelyes Festival in Érpatak again. After the great success of the previous years, the organizers are waiting the guests on the 4th of September...

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Disappointing second quarter results in the European food retailing

According to Nielsen’s Growthreporter analysis; European food retailing decreased in ten countries, including Hungary. In Hungary 3 percent less food, household chemicals and cosmetics (FMCG) have been sold in retail,...

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Improved economy, declining international confidence

According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; this year’s economic growth of Hungary will be around 1 percent. The Hungarian economy, after the...

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Liquidations in Central Hungary

According to the datas of Opten; In the first half of the year 22 percent more liquidations were carried up in the Central Hungarian Region, than in the same period...

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The area centers may be important fair locations

Matthias Limbeck, manager for Reed Exhibitions in Austria, expects real changes on the fair markets at smaller fairs in Central Europe. He believes ,the prosperous regions can improve their own...

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Fed: a weaker-than-expected recovery

The economic recovery from the crisis is weaker than expected, but we are ready for further steps, if it is necessary – said Ben Bernake chairman of Fed. Shortly before...

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Wine has become cheaper in retail chains, while organised retail is consolidating

According to the Nielsen Retail Index, wine value sales grew by 14 percent and volume sales were up 8 percent in the eight retail chains measured by Nielsen, in the...

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Traditional shops increased their market share

According to the Nielsen Retail Index, 8 percent less salami and 4 percent less sausage was sold in value by retailers in January-April, in comparison with the same period in...

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Brau Beviale 2010: the leading trade fair of Europe’s beverage industry

Raw material, technology, logistics and marketing trends will be in the focus of this year’s Brau Beviale, held in Nürnberg on 10-12 November. Recently the organisers gave an international press...

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The Spritzer Bus has hit the road

The idea came from the Community Wine Marketing Fund: promoting spritzer made from good Hungarian wines with a 2-month, nearly 2,000-km tour around the country. Early July ‘spritzer master’ András...

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Long-established Hungarian meat brands stand firm

Although meat is one of the essential food products, the market was unable to evade the effects of economic recession. Zoltán Nagygyörgy, PICK Szeged Zrt.’s product manager told us that...

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Wine festival in Buda Castle

Buda Castle Wine Festival is organised by Hungarian Viti- and Viniculture Non-profit Kft. The 19-year-old event’s objective is to make people acquainted with the best Hungarian and foreign wines. Wine...

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A strong forint lifted meat prices

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the abattoir entry price of slaughter pig in...

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The average volume of cured products bought per household keeps shrinking

According to ConsumerScan data from GfK Hungária, 87 percent of households bought sausage or salami last year, 3 percent more than a year earlier. However, in the past couple of...

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The revolution of mobile technology

‘Mobile technology revolutionises the relationship between the business sphere and consumers!’ was the motto of the first GS1 MobileCom Day conference where experts introduced the latest mobile applications. GS1 member...

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Warm weather brought elevated prices

Analysts were somewhat surprised by the moderate increase in inflation in June. According to KSH’s quick report, consumer prices climbed by 0.2 percent from May and were 5.3 percent higher...

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Rice turnover concentrates and the 501-1,000-gram format is dominant

Retail sales of rice diminished by 2 percent in value and by 3 percent in volume in the April 2008-March 2009 period. According to the Nielsen Retail Index, the size...

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GINNT EXPO – DIGITALEXPO – SIGNEXPO: Intelligent business solutions

Visit the GINNT EXPO (Global Innovation Technologies Expo) in Budapest’s Syma Event Centre on 15-17 September 2010. This year DIGITALEXPO and SIGNEXPO will accompany the main event. The three exhibitions...

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New on-line application to calculate ecological footprints

BASF developed an Internet-based eco-efficiency measuring system, which makes it possible for users to examine the environmental impacts of products, for instance shopping bags. New products can be easily and...

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Emergency alert off

According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, production will grow the most this year in those sectors which sell their products or services to foreign markets....

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Growing diversity on the rice and flour market

Eating in restaurant less often could have entailed an increase in flour sales, but market players’ opinion is that demand remained stable. – The fact that flour sales did not...

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HUNGAROPACK 2010 packaging competition

There were 56 entries from 28 companies at the 27th HUNGAROPACK Hungarian Packaging Competition. The jury evaluated 51 works in the consumer and collective packaging category and 5 in the...

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