News and articles
„Organic” products from discounts to shops with fake label
Date: 2008-05-05 00:00:00
The abuser company bought cheap products at hypermarkets and relabel them, after that sold it as „organic” products to several stores in Budapest and Pécs. In Hungary only products controlled...
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Lion's Garden to open soon
Date: 2008-05-05 00:00:00
The newly built Boutique Hotel in the heart of Budapest is ideally located for business and leisure. There are 105 bedrooms and suites furnished elegant and tastefully with contemporary furnitures....
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SAP's profit fell down
Date: 2008-05-05 00:00:00
The net profit in the January-March period fell 22 percent to 242 million euros ($376.82 million) from 310 million euros a year earlier. Software maker SAP AG said Wednesday...
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US consumers attitude to change
Date: 2008-05-05 00:00:00
Everyone is looking to save by altering where they shop, how they shop and the brands they buy – according to AC Nielsen US. Since March 2007, according to...
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Revenues up by 20 per cent for SIÓ-ECKES last year
Date: 2008-05-01 08:00:00
The net revenues of SIÓ-ECKES Kft. were up by nearly 20 per cent last year and reached HUF 17.6 billion in 2007. They continue to remain the market leaders in...
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Improving global living standards, expanding market for chemical products
Date: 2008-05-01 08:00:00
World-wide sales of chemical products have expanded at a faster rate than previously, since the last Nielsen survey. The Nielsen survey covered 29 categories and its findings were published in...
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Women’s hygiene increasingly confidential category
Date: 2008-05-01 08:00:00
While demand for panty liners and tampons is increasing, the market share of hygienic liners is shrinking. The proportion of scented products is also rising. Brand loyalty is still strong...
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Profit going up in smoke
Date: 2008-05-01 08:00:00
The Smokers’ Association wants a frank dialogue with legislators, as they regard the currently proposed amendment of the law about the protection of non-smokers as unrealistic. They would only support...
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Still a long way to go!
Date: 2008-05-01 08:00:00
Per capita consumption of cheese in Hungary is still well below the EU average. The consumption of cheese had been growing in the EU till 2001, stabilising around 19 kilos....
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Tax return changing
Date: 2008-05-01 08:00:00
As of 1. January, annual returns concerning the environmental charge were replaced by monthly, or quarterly returns, depending on how VAT returns are submitted by the taxpayer....
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Montice UHT tej 1,5% és 3,5% zsírtartalommal
Date: 2008-05-01 08:00:00
UHT milk in 1 litre, re-sealable packaging with an Alpine flavour. The milk is processed in a way which allows valuable ingredients, vitamines and its Alpine flavour to be retained....
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ECRM – a missed chance to score
Date: 2008-05-01 08:00:00
This year’s food retail meeting of ECRM was held in the second week of March in Budapest. Only three Hungarian companies attended the meeting where retailers have the time to...
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New Spar brand among basic foods
Date: 2008-05-01 08:00:00
Spar has developed a new private label product line in response to rising living costs. The S-Budget brand covers over 40 new basic food products. S-Budget is to be introduced...
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You are organic, but is your detergent as well?
Date: 2008-05-01 08:00:00
Pioneer of bio-detergents in Hungary. Ladies & Gentlemen Hungary Kft. began wholesale distribution of environment-friendly ECOVER detergent products in the autumn of 2007. ECOVER offers perfect solutions for the everyday...
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Quick and comfortable hair removal – with a razor
Date: 2008-05-01 08:00:00
There are three ways of getting rid of body hair, but as this category is very sensitive to price, innovations and promotions can influence customer decisions. A slow shift towards...
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Franchise news
Date: 2008-05-01 08:00:00
Dr Istán Kiss, general secretary of the Hungarian Franchise Association retires. He has lead the organisation since its foundation in 1991. His successor is dr. Katalin Mandel, owner and director...
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Could be simple…
Date: 2008-05-01 08:00:00
…to sell ice cream with a high margin. As people go out looking for an experience, ice cream desserts also need decoration! Wafers, chocolate decorations, creams, candied fruits and fresh...
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Solutions offered by OTP Bank for corporate clients and local governments
Date: 2008-05-01 08:00:00
Favourable financing opportunities refinanced by EIB are open for local governments and companies. Pál Kovács, managing director of the Commercial Banking Division of OTB Bank has told us about the...
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Könnyû és Finom joghurtital (eper- és vegyesgyümölcs-ízû)
Date: 2008-05-01 08:00:00
At last, a drink version of Könnyű és Finom has appeared in the market....
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Declaration for the citizens of Europe
Date: 2008-05-01 08:00:00
AIM published its declaration titled Brands for Health and Welfare, signed by the heads of 50 European FMCG companies on 31. March. Two members of the Hungarian Brands Association, Friesland...
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Insolvency continues to spread
Date: 2008-05-01 08:00:00
The number of companies becoming insolvent grew by 21 per cent in the first quarter of the year, compared to 2007. Construction and commerce remain the riskiest industries. According to...
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Faktoring ABC – about factoring in simple terms
Date: 2008-05-01 08:00:00
We hear about factoring every day, but relatively few businesses actually use this financial service. Probably, not many people are familiar with the advantages of factoring. We have asked Andrea...
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More tampons sold
Date: 2008-05-01 08:00:00
Sales of women’s hygiene products grew by one per cent in terms of quantity in 2007, compared to 2006. As a result of a 4 per cent rise in average...
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This time, it’s Buday!
Date: 2008-05-01 08:00:00
Peter Buday, the number one media star among Hungarian chefs has finally parted with his role as sous-chef beside Judit Stahl and now has his own gastronomic program on the...
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Syrupy story
Date: 2008-05-01 08:00:00
A great variety of syrups play a major role in the growth seen in the sales of cold and hot beverages. As a result of the increasing popularity of mixed...
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Tunisia – the most European Arab country
Date: 2008-05-01 08:00:00
Tunisia is a popular tourist destination among Hungarians. It has no oil like its neighbours, yet its economy based primarily on tourism, produced 8 per cent growth last year. Progress...
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Danone Activia joghurtital
Date: 2008-05-01 08:00:00
Danone Activia will be available in the form of a yoghurt drink in kiwi-strawberry and apricot flavours, from the May of 2008....
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Why was it important for your company to be among the first signatories of the Declaration?
Date: 2008-05-01 08:00:00
Jack Castelein, CEO of Friesland Hungária Zrt.: – We are committed to actively participating in improving the quality of life for consumers. We launch innovative and healthy products to help...
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Rigour, with exact regulations
Date: 2008-05-01 08:00:00
Soon, retailers and manufacturers might be fined billions instead of millions, when found to be in breach of food safety regulations. They believe that the proposed fines are excessive. Hungary’s...
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