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HUF “in the pilow”

Investors have generally become more cautious world-wide – summed up Ákos Kozák, managing director, the findings of the survey “Investment Barometer” prepared by the Gfk Group for the The Wall...

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Business Days 2008

The Business Days 2008 conference is to be held jointly by Trade magazine and Lánchíd Klub again between 24-26. September this year, in Hotel Pelion, Tapolca....

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Black tea continues to fade in the market

The market of tea is becoming increasingly colourful. Owing to the rapid changes in tea culture, green, herbal and fruit teas are challenging the once dominant black tea. Black tea...

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Budapest hotels: below average

Commercial places of accommodation generated total gross revenues of HUF 209 billion in the January-October 2007 period, which is 4 per cent up, compared to the same period in 2006....

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EuroShop: all that is important for stores

According to Szilvia Máté, representative of the Düsseldorf exhibition in Hungary, a record number of exhibitors will attend the EuroShop event to be held in Düsseldorf between 23-27. February. 55...

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Market of detergents above HUF 20 billion

Retail sales of household detergents show continuous increase and have exceeded HUF 20 billion. Overall growth amounted to 4 per cent in the November 2006–October 2007 period. Sales of washing...

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Still minuses

Retail turnover continued to shrink in October 2007. According to KSH data, sales were 2,7 per cent down in the first ten months of 2007, compared to the same period...

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United against obesity

Lectures on educating people about health and fighting obesity in Europe have been delivered at the conference held by the Food, Lifestyle, Exercise (TÉT) Platform. TÉT is an organisation for...

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Scented and no stains

The market of detergents shows continuous growth and innovation. Drugstores are still the places where most consumers go when looking for innovations. Consumers have less time to spend cleaning things...

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Hungarians are child-centred in bio

According to a Nielsen survey conducted among Internet users in 46 countries, the most popular bio foods in Hungary are fruits, vegetables and eggs, like in the EU. While almost...

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Information, hunger

Mella Frewen, general secretary of CIAA, expressed special appreciation at the press conference for the work of the Hungarian platform in introducing RDA labelling, as it is their mission to...

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Extraordinary snapshot – domestic food industry in 2007

The well known and grave problems of the Hungarian food industry continued to exist in 2007 and no major positive breakthrough took place. Domestic purchasing power is in decline, while...

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Frost makes apple expensive

The average price of agricultural produce was up by 34,4 per cent in October compared to the same period in 2006. According to KSH data, the average price of plant...

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Carrier and style: related notions

Karrier és Stílus Kft. held a conference about the notions used in its name on 11. December. Mrs. Csík dr. Klára Kovács, managing director of Karrier és Stílus Kft. spoke...

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Has been better – will be better?

Regarding last year, everybody agrees that it has been a difficult period and it’s far from being over. As a result of austerity measures, purchasing power and sales dropped, while...

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Food production in decline

Industrial production was up by 5,9 per cent in October 2007 compared to the same month in 2006. According to KSH data, the volume of production was 8,6 per cent...

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Action Plan against fake products made in China

The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...

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Fruit Logistica Berlin with Hungarian Exhibitors

The Hungarian Agrar Marketing Center donated 14 Hungarian fruit and vegetable growers and traders to be present on the exhibition. Around 2,000 exhibitors from 70 countries present – 45,000 top...

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18% increase at Visa Hungary

Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...

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Hungary jobless rate rises in Q4 2007

According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...

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Drastic price increase at beers

According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...

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Spring time opens the M1 Outlet & Shopping Center

The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...

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EU pressures general labeling

Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce.  The European Union's...

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Russia to extend food price freeze

Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1.  The freeze on prices for bread, milk, sunflower oil and eggs is designed to...

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Hungary's industrial producer price rose by 1.6% year on year

According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...

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Fast growing on-line shopping all over the world

Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either.    Nielsen says more than eight out...

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Food companies must to go greener

At least 30% of shoppers look for environmentally friendly products and packages in the US.  Fearing retribution from environmentalists that could taint their brands, Kraft and Sara Lee are among...

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Last Sardine Plant in Norway to Close Down

A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production.    The plant produces more than seven million tins of sardines a year and more...

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Cartelism at plastic packiging plants

The Hungarian Competition Authority spys by Linpac Plastic Hungária, Propack and Petruzalek Ltd., one Slovakian and an Austrian company is involved too. Accoriding to Hungarian Competition Authority the within named...

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