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Entries for tag: Hungary
Hungary launches anti-counterfeit campaign
The Hungarian National Anti-Counterfeit Board (HENT) has started an extensive nationwide campaign to inform patients of the potentially fatal outcome of using medicines of dubious origin. The campaign involves television, posters at pharmacies and a dedicated website according to PMR.
Read ArticleHungarian chicken producer takes a new look at packaging
Hungarian poultry processor Her-Csi-Hús Kft. faced a double-edged challenge with its latest premium-line launch. In addition to implementing ambitious animal welfare and quality criteria effectively, the Bo-Csi Happy Chicken products had to achieve vital differentiation and credibility in consumers’ eyes.
Read ArticleMondi pulls out of CEE merchant paper business
Mondi confirms that it has signed an agreement with the Heinzel Group for the sale of 100% of its shares in Europapier, a paper merchant business selling graphic, packaging and office papers, as well as other office supplies to customers across central Europe and Russia. Europapier is a leading paper merchant in Austria and has leading market positions in Bosnia Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia and Slovenia.
Read ArticleGranini chooses custom non drip cap
Eckes-Granini has launched a new format in the YO fruit syrup line, popular amongst consumers in Austria, Germany, the Czech Republic and Hungary, to name but a few countries.
Read ArticleConference to feature case studies from paperboard sector
Pira International in partnership with TAPPI is to host the inaugural Paperboard Packaging 2010 conference featuring presentations from some of the industry’s experts.
Read ArticleRethink needed on pharmaceutical marketing in CEE
The fall in the number of pharmacies in Poland, the Czech Republic, Hungary and Bulgaria, the consolidation processes among leading Polish wholesalers and the authorisation of the online sale of pharmaceuticals in Slovakia were the most important trends and events in distribution in the Central European region in 2009, according to the latest report by PMR, a research and consulting company, entitled “Distribution on the pharmaceutical market in Central Europe 2010. Comparative analysis of Poland, Hungary, Romania, Czech Republic, Slovakia and Bulgaria”.
Read ArticleFlexible conference to be held in Austria
TAPPI has announced the dates and location for its 13th European PLACE Conference as 30 May – 1 June, 2011. It will be held at theFestpielhaus on Lake Constance in Bregenz Austria. This biennial European event brings together professionals in the flexible packaging industry. It attracts managers, packaging engineers, technical personnel, technical directors and other key decision makers.
Read ArticleHungary's economy likely to be flat this year
Hungary's economy will resume growth in the second half of 2010 while annual gross domestic product is likely to be flat this year.
Read ArticleHungarian economy likely to continue to struggle this year.
Forecasters BMI believe that Hungary will struggle to bring GDP above zero this year.
Read ArticleHolographic awards given in Hungary
The International Hologram Manufacturers Association’s Excellence in Holography Awards has shown how innovation continues to push the boundaries for new holographic applications.
Read ArticleHungarian plastics plant receives certification
NORDENIA INTERNATIONAL AG – an international manufacturer of flexible packaging, technical films, and product components – is establishing consistent hygiene standards for all its European plants. The NORDENIA HUNGARY site in Szada is now also certified under the European standard DIN EN 15593 ("Hygiene management in the production of packaging for foodstuffs”).
Read ArticleMondi to move paper machine from Hungary
Mondi Group's fine paper machine in Szolnok, Hungary, will be relocated to the Anqing mill of Anhui Huatai Forest Pulp & Paper in Anhui province. Metso's delivery will also include a modernization of the machine control system as well as mill engineering services. The start-up of the relocated machine is scheduled for the first half of 2011.
Read ArticleThree prizes for Hungarian printer
Three products manufactured by the STI Petőfi Printing House have been awarded prizes at the Worldstar 2008 packaging competition.
Read ArticleStrong indication of a rebounding European economy
If you are stuck thinking about how bad things are, then surely one of the best ways to judge a rebounding economy is new car sales. This ought to cheer you up somewhat. Ford increased its market share for the seventh consecutive time last month, resulting in the company's best July and year-to-date market share performance since 1999.
Read ArticleChesapeake continues to produce in Hungary
Robert Orban of Chesaspeake Hungary explains why the problems of the company's largest share holder in the USA are not effecting business. The Hungarian market has slowed considerably but the company is already planning for the end of the current slow down.
Read ArticleOECD sees Hungarian economy picking up next year
The Organisation for Economic Cooperation and Development (OECD) said that Hungary's economy will be in deep recession throughout 2009 before picking up slowly in 2010.
Read ArticleHungary receives IMF support
The Executive Board of the International Monetary Fund (IMF) has completed the second review of Hungary's economic performance under a program supported by a 17-month Stand-By Arrangement (SBA). The completion of the review enables the immediate disbursement of EUR1.4 billion or US$1.9 billion), bringing total disbursements under the program to EUR8.4 billion or US$11.7 billion.
Read ArticleGraphic conference to be held in Budapest
The Graphic Users Association (GUA) European Conference 2009 is set to provide the perfect tonic to the economic climate by helping print service providers improve efficiency and boost profitability. This year’s event, which is sponsored by Kodak and managed by the GUA Board, will focus on helping businesses streamline their operations to improve their profit margins. The conference is being held in Budapest, Hungary, between September 30 and October 3, 2009. All attendees will have ample opportunity to meet senior Kodak management and technical experts, offering a chance to exchange ideas and influence the KODAK Product road map.
Read ArticleEC issues report on beverage packaging
EUROPEN, The European Organization for Packaging and the Environment, has welcomed the release on 8 May 2009 of a European Commission Communication on beverage packaging, deposit systems and free movement of goods.
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Health, Family and Quality of Society - The Cornerstones of Quality of Life in Europe
More than two out of three people in the UK rate their own health as very good or good, higher than average across the European Union, according to the Second European Quality of Life Survey (2EQLS), carried out by Eurofound, the Dublin-based EU Agency. People also rate the quality of and access to their health care system relatively high similar to Norway, Germany and Spain. According to the survey, the British have little trust in their political institutions, rating it on a par with levels recorded in the twelve new EU Member States. The survey, to be launched under the Czech EU Presidency in Prague on 25 March, also reveals that Europeans are generally satisfied with their quality of life despite big variations between both levels of life satisfaction and happiness, especially among the 12 new EU Member States.
Read ArticleFlexible packaging to convene in Budapest
The flexible packaging and converting industry will converge at the Corinthia Grand Hotel in Budapest, Hungary 18-20 May 2009 for the 12th European PLACE (Polymers, Laminations, Adhesives, Coatings and Extrusions) Conference. This is the only biennial European event focused on the extrusion coating and laminating industry. Delegates at this global industry event will learn about maintaining a competitive edge in a challenging economy. Sessions will cover the latest in hardware, sustainability, materials and processing, food package interaction, and food legislation compliance.
Read ArticleCEE central bank governors agree to co-operate on currency fluctuations
The heads of the central banks of Hungary, Czech Republic and Poland want to establish a close co-operation to avoid unfavourable influence of currency fluctuations on the countries’ economies.
Read ArticleAwards given for CEE retail
Following the premiere at last year's EuroShop, EHI Retail Institute will again distribute its retail technology awards (reta) Europe, this time on 11 February 2009 on the occasion of the EuroCIS trade fair. With these awards retail companies in three categories are distinguished for the introduction of outstanding and innovative solutions in the field of information technology. Sponsors of the award are Visa Europe and IBM.
Read ArticleHungarian inflation falling
Twelve-month consumer price inflation in Hungary slowed to 3.5% in December from 4.2% in November, according to the Central Statistics Office (KSH).
Read ArticleHungarian government reworking budget
At the extraordinary session in Parliament on January 29, 2009, Prime Minister Ferenc Gyurcsány has announced that in order to tackle the economic crisis the government plans to lower the burdens on labour by HUF 1,000bn (EUR 3.5bn). This is in contrast with earlier plans to reshuffle the tax regime in the tune of HUF 200-300bn.
Read ArticleHungary most vulnerable to gas crisis
Hungary's economy is one of Europe's most vulnerable to the gas crisis, London-based emerging market analysts said last week.
Read ArticleAll quiet on Hungarian retail front
Hungary experienced a very quiet retail investment market during Q3 2008. No open market institutional transactions occurred during this period. The only transaction of note involved a TESCO hypermarket developed by Raiffeisen Evolution, which was sold to Raiffeisen Fund at a reported yield of around 6.25%.
Read ArticleHungarian inflation falls in December
Consumer prices in Hungary dropped 0.2% month on month but were up by 4.2% year on year in November 2008. Seasonally adjusted core inflation fell to 4.1% year on year from 4.6% in October, according to the the Central Statistics Office. Month on month seasonally adjusted core CPI was up 0.1% as compared with 0.2% in October.
Read ArticleSlow growth in Hungary
Hungary's economy grew by an annual 0.7 percent in the third quarter of 2008, the Central Statistical Office (KSH) reported on Tuesday. The growth figure is final and unchanged from the first reading in November.
Read ArticleEconomic crisis in CEE to feature on TV
This Friday as Poland announces 3rd quarter GDP, BLOOMBERG TELEVISION(R) viewers will get a special look at how Eastern European economies are weathering the financial crisis.
Read ArticlePackaging award for Hungarian poultry company
Hungerit, one of the leading poultry companies in Hungary and market leader in breaded products, has recently been honoured with the WorldStar Packaging Award 2008 for its Darfresh® poultry cut-ups packaging sold under the Valdor brand.
Read ArticlePET beer bottles launched in Hungary and Romania
Sidel announces the world’s first Combi dedicated to bottling beer in PET. This machine, which integrates blow molding, filling and capping functions, was previously reserved for water, carbonated soft drinks and dairy products. It has proven to be an effective solution, with output rates of up to 61,000 bph.
Read ArticleIndian companies targetting CEE investments
Currently, with the changing European economic landscape, CEE countries have emerged as one of the world's most attractive FDI destinations. Companies venturing out of India are currently trying to explore the less-familiar Central and Eastern European (CEE) markets. These countries, namely Poland, the Czech Republic, Slovakia and Hungary, recently joined the EU and often called the 'New Europe,' offer Indian firms a stable operating environment in a strategic location, an educated workforce, great cost advantages, and a more secure legal framework.
Read ArticleFitch downgrades several emerging markets
Following the conclusion of its global review of the sovereign ratings of 17 major investment-grade 'emerging market' economies, Fitch Ratings downgraded the sovereign ratings of Bulgaria, Hungary, Kazakhstan and Romania, while it affirmed the sovereign ratings of, among others, Poland.
Read ArticleCash is king
Cash is king and quality rides high were the twin messages emerging from the CEE Insight Forum IV: Tropical Storm event in Budapest on Wednesday where over 120 of the CEE property sector’s top financiers, investors, developers and consultants convened against the backdrop of a hike in local interest rates to stave off a collapse of the Hungarian forent.
Read ArticleMastercard sees Budapest and Warsaw amongst top ten world cities driving growth
With global economic growth expected to be driven primarily by emerging economies at an unprecedented rate of 12 to 1 compared to rich-world economies (according to the International Monetary Fund), emerging markets are becoming increasingly important investment and business centers. Responding to this reality and providing guidance in today's economic environment is a new study from MasterCard Worldwide, the Worldwide Centers of Commerce(TM): Emerging Markets Index.
Read ArticleNew packaging solution for Hungarian chicken supplier
HUNGERIT is one of the leading poultry companies in Hungary and market leader in breaded products. Its product offering covers the entire poultry range, namely chickens, geese and ducks in all types of formats, from whole birds to cut-ups, processed products and ready-meals. HUNGERIT products are sold in a wide range of wholesalers and retail outlets on the domestic market, as well as in 30 foreign countries including China and Japan. Export markets account for half of the company’s turnover. In 2005, Hungerit acquired the well established Hungarian brand VALDOR and with it has managed a fantastic commercial success first with their breaded product and from this year with the fresh products range with innovative packaging.
Read ArticleProtecting in tin
Huber Packaging Group GmbH + Co. KG is a leading producer of metal packaging solutions. The company has offices and subsidiary plants in Germany, Austria and Hungary. Here sales director Matthias Welling shows some of the company's products.
Read ArticleKBA optimises big perfectors for commercial applications
Four over four perfecting in large format has been available from KBA – and only from KBA – for some time. Now other press manufacturers have announced that they will also be unveiling large-format convertible perfectors at Drupa 2008. However, such systems are unlikely to attain market maturity or deliver commercial-standard quality in the immediate future, nor will they be available in the same wide choice of practice-proven configurations as the Rapidas. So KBA is making the most of its time gain to improve the operation, makeready and quality of its big perfectors for high-quality commercial applications.
Read ArticleBasell opens Slovakia office
LyondellBasell Industries has opened a sales office in Bratislava, Slovakia to better serve its polyethylene, polypropylene and advanced polyolefin customers in the growing Central and Southern European region.
Read ArticlePlastic packaging plant to open in Hungary
Chesapeake Corporation (NYSE: CSK), a leading international supplier of value-added specialty paperboard, plastic and pharmaceutical packaging, recently dedicated its new plastic packaging plant in Peremarton, Hungary, which serves specialty chemical customers.
Read ArticleOBI expands in CEE
OBI will aggressively push its international expansion focussing efforts on Russia, Poland, Italy, the Czech Republic, Hungary and the Balkans. On top of these ambitious expansion targets OBI is about to enter three additional countries, namely Ukraine, Romania and Slovakia. Medium term targeting up to 20 stores both in Ukraine and Romania, OBI plans to open another 10-15 stores in Slovakia within short. First openings in these countries are scheduled for 2008.
Read ArticleBusinesses returning to Germany
Many German businesses that relocated to Eastern Europe are returning to Germany. In particular, small and medium-sized companies have realised that profits were not as high as expected and are finding the German business environment more attractive. The increase in German companies staying at home is adding to the flourishing of the business environment.
Read ArticleDuPont to open Bulgarian office
As part of its growth strategy for emerging markets, DuPont (NYSE:DD) today announced the opening of its first office in Sofia, Bulgaria. The Sofia office represents DuPont's growing market reach in Central Europe, following site openings in Poland, the Czech Republic, Hungary, Romania, Baltic countries and Serbia, the latter just last week.
Read ArticleDu Pont opens Serbian office
As part of its growth strategy for emerging markets, DuPont (NYSE:DD) today announced the opening of its first office in Serbia. The Serbia office represents DuPont's growing market reach in Central Europe, following facility openings in Poland, the Czech Republic, Hungary, Romania and the Baltic countries. More than 500 DuPont employees are based in the region.
Read ArticleCEE immigrants changing British food taste
Immigrants from Eastern Europe have changed Britain by looking for work across the country, not just in traditional centres such as London and the South East, a study has found.
Read ArticlePoly One to open Kutno plant
PolyOne Corporation (NYSE:POL) , a leading global provider of specialized polymer materials, services and solutions, today dedicated a new color concentrates manufacturing facility in Kutno, Poland, to serve rapidly growing regional markets in Eastern Europe.
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Kubus celebrating Shrek characters
Maspex Wadowice, Poland, chose a special promotion for their juice and nectar brand “Kubus”: more than 40 different Twist-Off closure designs are printed with all relevant characters of “Shrek” - just in time for the launch of the new movie.
Read ArticleEU slams Hungary on eco tax
The European Commission has formally requested Hungary to amend its legislation on environmental charges applicable to beverage containers. The Commission believes that Hungary's system leads to de facto discrimination against products from other Member States. The request is in the form of a reasoned opinion which is the second stage of the infringement proceedings provided for in Article 226 of the Treaty. If Hungary fails to comply with the reasoned opinion within two months, the Commission may refer the matter to the Court of Justice of the European Communities.
Read ArticleM Real sells carton plant
M-real, part of the Metsäliitto Group, has today, 1 June, sold its carton plant in Hungary under a share sales agreement that became effective immediately. The combined debt-free price of this disposal and the disposal of the carton plant in Finland on 31 May 2007 amounts to approximately EUR 35 million. M-real will book a loss of approximately EUR 2 million from the transactions in its result for the second quarter of this year. The transactions will have a slightly negative impact on M-real's operating profit excluding non-recurring items in 2007.
Read ArticleCertificate required in Hungary
The Hungarian authorities have adopted a Decree introducing detailed regulations of how to certify compliance of packaging with the Essential Requirements.
Read ArticleEUROPEN argues for better regulation
The European Commission is preparing a Communication on the subject of streamlining the infringement procedure, as part of its Better Regulation initiative. Publication of the Communication is expected during mid-2007.
Read ArticleTesco to label packaging
In 2008, Tesco, one of the largest retailers in Poland and Hungary, will start labelling its packaging according to whether it can be recycled, reused or composted, and clearly state packaging that did not fulfill any of the criteria.
Read ArticleHungary cracking down on fraud
Hungarian food safety officials have pledged to crackdown on domestic food processors after the discovery of fraudulent sell-by dates on a number of products.
Read ArticleAluminium tariff changes unlikely to affect packagers
EU plans to reduce tariffs on imports of aluminum into the bloc are likely to have little affect on the regions metallic packagers, says an industry expert.
Read ArticleSara Lee investing in tea
Food giant Sara Lee has expanded capacity of its tea production operations its tea in Hungary as it looks to capitalize on growing demand for the product in Eastern Europe.
Read ArticlePharmatech starts today
The 8th Moscow International Exhibition “Pharmtech – Technologies of Pharmaceutical Industry 2006” will take place in Expocentr from the 20th to the 23rd November 2006. This is the only specialised event in Russia and CIS dedicated to pharmaceuticals production. For the first time the exhibition will be held in a new venue, modern architecture and developed infrastructure of which provide for holding events up to the highest standards.
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Husky opens CEE office
Husky Injection Molding Systems has announced the opening of its new Vienna sales office. Sales activities, service management, project coordination and customer training are among the offerings at the new facility, which will serve as a gateway to Central and Eastern Europe, and will be headed by Christian Kapsamer, Husky’s General Manager, Central Europe.
Read ArticleTetra Pak investing in Hungary
Tetra Pak is starting an extensive investment programme in Hungary this year, aiming to increase annual production capacities from an annual 1.8 billion packages to 2.8 billion packages.
Read ArticlePannonplast expand to Serbia
Bloomberg reports that Pannonplast Nyrt, a Hungarian exporter of plastic yoghurt cups, will spend Ft 355 million ($1.6 million) setting up a consumer packaging unit in Serbia to add a third foreign market to its operations. Pannonplast, based in Budapest, expects production to start in the Q1 of 2007, it said in a stock exchange statement. By having a company in Serbia, Pannonplast will be exempt from a 20% customs levy it currently must pay. The company, which also operates in Romania and Ukraine, has been selling property and unprofitable units to stem losses and concentrate on consumer packaging. It will spend a total of € 10 million ($12.8 million) on building the plant in Serbia this year and buying another in Bulgaria in the H1 of next year CFO Dénes Gyimóthy said Aug. 1. Pannonplast expects its Serbian unit to contribute Ft 400 million to revenue in its first year of operation, which will probably triple in three years, the company said.
Read ArticleSABIC to expand to Hungary
SABIC Europe is to further expand its European sales office network with the establishment in May 2006 of a sales office in Budapest, Hungary. SABIC Hungary is expected to become fully operational as of January 1st 2007.
Read ArticleHungary under fire
The European Commission has launched infringement proceedings against Hungary in relation to its packaging fee law, on the grounds that it violates Article 90 of the EC Treaty which prohibits any internal taxation that discriminates against imported goods and protects domestic products. The Commission has said that discrimination must be avoided both in law (potential impact) as well as in actual practice.
Read ArticleJura combatting counterfeiting
Nowadays consumers are overextended in their purchase decision because of the manifold range of goods and the resemblance of the products. On this account the packaging itself becomes a more and more important information carrier. The packaging has to communicate tenors and has to create customer expectations like authenticity, distinctiveness, uniqueness, reliability and security.
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