Company and Personal News
Grain prices halved
Date: 2009-03-05 08:00:00
The supply price of agricultural products was down by 22,6 percent in December 2008, compared to December 2007. The price of plant products was down by 38 percent, while that...
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Record breaking growth for chemical products
Date: 2009-03-05 08:00:00
Top list of chemical products producing most dynamic growth in 2008 (percentage on 2007 basis)....
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Typical consumers of seasonal sweets are young
Date: 2009-03-05 08:00:00
Sales of Easter chocolate figures continue to drop. Hyper markets remain the primary distribution channel, while the market share of small stores continues to shrink, according to data from GfK...
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Trendy foods
Date: 2009-03-05 08:00:00
Trends have a substantial influence on shopping decisions. Such trends also have the power to change consumer habits and the structure of demand for good. The effects of trends can...
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Romania still enjoying growth
Date: 2009-03-05 08:00:00
According to an estimate by Eurostat, retail sales in the EU-27 countries were down by 0.2 percent on average, and by 1.5 percent in the Euro zone in November 2008,...
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New Sole Gustoso butter creams
Date: 2009-03-05 08:00:00
SOLE-MIZO Zrt launched a special, premium product in February. Owing to the special colloid structure of the butter cream made from real milk cream, it has a different, more beneficial...
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Seasonal market of cooked ham stable at HUF 12 billion
Date: 2009-03-05 08:00:00
According to the Nielsen Retail Index, sales of processed meat were up by 4 percent in terms of value, while cooked ham produced stagnation in 2008. Sales of cooked ham...
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Different trends for light milk and light soft drinks
Date: 2009-03-05 08:00:00
According to data from the GfK Hungária ConsumerScan, the popularity of both low and high fat content milks increased in the first nine months of 2008, but that of normal...
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Fat producing highest price rise
Date: 2009-03-05 08:00:00
In January 2009, consumer prices were up by 0,6 per cent on average compared to December and by 3.1 percent compared to January 2008. Food prices were up 2.2 percent,...
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Hungarian Chamber of Agriculture urging introduction of SPS in 2009
Date: 2009-03-05 08:00:00
A substantial part of animal husbandry might disappear by 2012, which could lead to a major crisis. This danger comes from the delay in the introduction of the SPS law,...
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Less imported ham – can domestic industry benefit from this?
Date: 2009-03-05 08:00:00
„I have some good news and some bad” – one could say. The good news is that if the HUF will stay as weak as it is now, then domestic...
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Calories in system of classification
Date: 2009-03-05 08:00:00
According to the findings of several surveys, Hungarian consumers are becoming increasingly health conscious, as illustrated by the growing popularity of nutritional labelling systems and programs. Initiatives aimed at orienting...
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New orders for processing sector down by a quarter
Date: 2009-03-05 08:00:00
Industrial production was down by 12 percent in November 2008, compared to November 2007. Production in the first 11 months of 2008 was up by 0.4 percent compared to the...
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Reaching for the bottle
Date: 2009-03-05 08:00:00
It was announced on 16 February that the tax on alcohol is to be increased by 3-7 percent. What is wrong with this? Manufacturers are worried that this will not...
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First Spar stores converted from Plus opened
Date: 2009-03-05 08:00:00
The first Spar store converted from Plus opened in February in Hatvan, Sopron and Sárbogárd. As a result of the biggest acquisition ever completed by SPAR Magyarország Kft., the complete...
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Market share of light products growing
Date: 2009-03-05 08:00:00
According to the Nielsen Retail Index, sales of carbonated soft drinks were down by 4 percent in terms of quantity last year, with total sales stagnating around HUF 56 billion....
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Three-quarters of domestic production is exported
Date: 2009-03-05 08:00:00
While total food consumption is declining, the consumption of bio food is growing. Bio production is based on transparent and clear regulations, which guarantee that it is compliant with specific...
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Modest year for hotels
Date: 2009-03-05 08:00:00
Though the number of guests buying commercial accommodation services was up by 1-2 percent in 2008, they spent fewer nights there, compared to 2007. The revenues generated by accommodation services...
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Code kept warm
Date: 2009-03-05 08:00:00
Food manufacturers and retailers seem to have finally reached an agreement about a Code of Ethics. Their objective has been to set a universal standard for market players to be...
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Food events in the Balkans
Date: 2009-03-05 08:00:00
Mac-Line Hungary Kft. is a company specialising in trade events organised in the Balkans. Last year, they helped 445 Hungarian companies in attending 36 events in ten countries. – In...
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Zero producing a plus for the light segment
Date: 2009-03-05 08:00:00
Nielsen data only shows minor changes in sales of carbonated soft drinks from one year to another. It is hard to surprise consumers, but as the success achieved by Coca-Cola...
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Bio products everywhere from specialised stores to multinationals
Date: 2009-03-05 08:00:00
Biopont Kft established 11 years ago is the market leader in the Hungarian market of bio food, with more than 300 products in 20 product lines. Their brands are: Biopont,...
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Discounts challenging big hyper markets
Date: 2009-03-05 08:00:00
The discount channel has been expanding successfully in France as well, while the market share of bigger than 6,500 square meter hyper markets has been shrinking. Five out of the...
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Beiersdorf Profits Jump 28.3 Percent
Date: 2009-03-05 07:55:05
The company predicted a slower growing for 2009, but its goal is achieving a global market share of 5.5 percent. Group profit after tax for 2008 jumped 28.3 percent to...
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Almost 2/3 of chemical artikels are sold in hypermarkets and drogeries
Date: 2009-03-04 07:08:00
Last year the total retail sales of households chemicals and cosmetics grow by 3% to HUF 300 billion, but in volume it was 2% less as a year before. According...
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Total sales of 2008 at CBA was HUF 545 billion
Date: 2009-03-04 06:44:39
Last year the food retail chain grow by 4%, increased the number of stores and almost 50 units were renovated in and out. The CBA has the most retail unit...
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Hungary food safety authority gives all-clear on supplement scare
Date: 2009-03-04 06:27:00
Hungary has not imported any food supplements containing nimesulide, a substance known to be hepatotoxic, the Hungarian food safety authority (MEbiH) told MTI. Sweden recently informed the European Commission through...
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BAT Hungary made ready for changes in advertisement law by self test
Date: 2009-03-04 06:24:00
After a six months long campaign every employees of the company from secretary to CEO checked the stores in work group. Hungarian Parliament passed a bill to amend the advertisement...
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Difficulties at Charles Vögele
Date: 2009-03-04 05:58:07
The company lost share on its most important markets, in Switzerland, Germany and Austria in 2008. The total sales decreased by 1.8% to CHF 1.369 billion, the profit fell by...
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ALDI expands in US
Date: 2009-03-04 04:25:00
Discounter is opening its 1000th discount store in the USA this week, in Connecticut. The number of Aldi stores in Connecticut, which is considered one of the most affluent US...
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