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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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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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Fruits and vegetables in the focus

Regarding development, the production of fruits and vegetables will be treated as one of the priorities in agriculture during the next seven years. EU funding will be available for modernising...

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Hungary in a world of conferences

According to data from the Hungarian Conference Bureau, Hungary ranks 23rd among locations for conferences organised by international organisations, with 117 events. This translates into a market share of 1,31...

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Purchasing partnerships control 95 per cent of the Italian market

According to Paul Griffin from the London-based market researchers IGD, the Italian food retail market was worth EUR 149,5 in 2005. The five biggest chains hold a combined market share...

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Success in Luxembourg

The meeting for Ministers of Agriculture, held in Luxembourg in the beginning of June ended with positive decisions for Hungarian producers. As Ádám Ficsor Ádám, under secretary of the Ministry...

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Selling no longer the priority at fairs

Today, there is practically no difference between the meaning of the words “trade exhibition” and “trade fair. Though deals are rarely signed, these events have become very important marketing tools....

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Hyper new from Prague

I am prejudiced towards Prague. It is not the price of beer, the beauty of the old city or their national food which makes me envy the people, who are...

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Target: half a kilo per day

Structural reorganisation in the production of fruits and vegetables has been proceeding in the right direction for the past three years. Programs being prepared by the European Agricultural Development Fund...

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Secrets of successful exhibitors

Many people believe that the most cost-effective marketing tools for small to medium enterprises are exhibitions. However, hard and creative work is also needed to attract attention. Spectacular stands are...

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Ecological impact

Tesco has developed a method for measuring the “ecological impact” of products, meaning the total related CO emission, which is displayed on labels....

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TÉSZ: pros and contras

The supply chain of fruits and vegetables in the EU is based on the sales co-operatives of producers (TÉSZ). At the moment, only 68 such organisations exist in Hungary and...

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Partnerluring

It is not an easy task to organise a press conference or a partner meeting and it is even harder to make it somewhat different from others. First, the ideal...

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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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Frozen pizzas concentrated in discount stores

According to Nielsen research, retail sales of frozen pizzas grew by 18 per cent in terms of value in the April 2006–March 2007 period. The market share of snack-type pizzas...

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Food miracle in Brazil

One of the guests at a conference organised by Agricultural Business Research Institute was Sotto Pacheco Costa, a former director of EMBRAPA (Empresa Brasileira de Pesquisa Agropecuária). He spoke about...

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Enter the olive oils

Olive oil is a small category but it shows dynamic growth. Annual retail sales exceed HUF 2 billion . According to the Retail Index of Nielsen, growth was over 21...

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Private label pizzas – at all costs

It is not necessarily very logical to go to a discount store for a pizza, but this is what most people do. Customers can choose between a manufacturer’s brand and...

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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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