News and articles

Most mothers are optimistic about a better future for their daughters

All over the world, women see better opportunities ahead of them than their mothers did when they were young. These days it is women who make the majority of shopping...

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Good weather helped the food industry

In August industrial production was 4.4 percent higher than a year earlier. Domestic sales have not grown in any of the months since October 2010. Industrial export augmented by 9.8...

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WLB – Work Life Balance after the summer

Constant pressure at the workplace urges everyone to take a break in the summer. Creating the Work Life Balance – the healthy balance between one’s work and private life –...

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Happy box days

In two days nearly 320,000 beverage carton boxes were collected at the third Happy Box Days in the Budapest Zoo, an event organised by Beverage Carton Environmental Union, in the...

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Demand shifted towards cheaper gift packages

In the 2009 and 2010 seasons retail sales of gift packages containing body lotions and other cosmetics products were around HUF 3 billion. In the last season values sales dropped...

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Sweet biscuits are more and more popular

In the first half of 2011 sweet biscuits managed to increase sales in terms of both value and volume. There was an increase in the number of category buyers as...

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Hypermarkets bettered their position

With annual sales around HUF 24 billion, sweet biscuits are the 14th most important from the food categories audited by Nielsen. Value sales soared by 4 percent but volume sales...

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We tend to buy muesli and breakfast cereals in the modern retail channel

According to GfK Hungária’s ConsumerScan, 45 percent of Hungarian households bought cereals (muesli, breakfast flakes and muesli bars) in the fist half of 2011. This proportion is lower than it...

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Breakfast cereals tolerate economic recession better than muesli

According to data from Nielsen, breakfast cereals and cereal bars managed to grow, while muesli sales fell a little and muesli bar sales dropped considerably. One of the former key...

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On Hungarian roads for Hungarian food products

This September Coop Rally was organised for the sixth time, and the 94 cars travelled from Bőcs to Gyula, representing 15 percent of the retail market and 20-25 percent of...

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Manufacturer brands improved their position

The annual market of cereals audited by Nielsen is around HUF 10 billion. Cereal flakes/bars are the biggest category. Retail sales were up 3 percent in terms of both value...

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Can the FMCG market face the challenges of the digital age?

In February 2011 GfK Hungária published their study ‘Digital Consumer’, plus in August-September 2011 they did a joint online B2B survey with Trade magazin among business decision makers; 65 people...

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Exporters are riding on the back of the weak Forint

Compared with the same period one year earlier, in August 2011 the value of export and import expanded by 8 percent. In August we exported in the value of HUF...

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Bad summer for retailers

In July 2011 the volume of retail fell by 1.3 percent, if compared with July 2010 – reports KSH. In the first seven months of the year volume sales in...

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25, 27, 30?

The government announced that as of 25 January, the highest rate of VAT will increase to 27 percent. This step would bring an extra HUF 360 billion to the budget....

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Meet prices keep rising

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that in Hungary the purchasing of broiler chicken augmented by 19 percent and its...

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Coffee and Co. Ltd.

It was not by accident that Starbucks dropped the word ‘coffee’ from its logo – the company’s new president-CEO Howard Schultz told Der Spiegel in a recent interview. Starbucks’ plan...

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Tesco Mobile: the first virtual mobile service provider will be launched soon

Tesco Hungary and Vodafone Hungary established Tesco Mobile, their joint – 50-50% ownership – independent mobile service provider. The company will offer its services in Tesco stores, using the technology...

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Several acknowledgements and prizes for Dunapack in 2011

In the last few years significant changes occurred in the operation of the Dunapack Group. On the one hand, the company shifted its focus to corrugated product manufacturing, while on...

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New opportunities for the food industry!

Under the HUN-GREEN brand name, Ugrin Pack-Erdősi Kft. launched new types of packaging materials. These ÖKOFOL (eco-foil) products are manufactured using special technology. The company was one of the first...

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Resources and intentions are given for offering lending solutions to small enterprises

The SME sector is made up of many different types of businesses, which have various financing demands. Tibor Csonka, the head of OTP Bank’s Micro and Small Enterprise division told...

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(HU) Új innováció a Vision Box 1.1.2. áruvédelmi és prezentációs rendszer

Sorry, this entry is only available in HU....

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Magazine: Heroes and survivors (part 1)

Trade magazin and Lánchíd Club organised their 5th Business Days conference in Tapolca on 21-23 September. More than 400 participants convened at the event, where on the first day Trade...

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Hungary has the lowest customer confidence index

Hungary's customer confidence index scored 37 points, according to a new survey carried out in 56 countries by market research company Nielsen. This is the lowest result in the world,...

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The Hungarian population consumed an average of 50 kilograms of bread last year

On the basis of the purchasing datas of the Hungarian households; the per capita bread consumption was 50 kilograms, 60 pieces of crescent 150 pieces of rolls in 2010. Households...

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Corn yield in Tolna is lower than expected

Corn yield is lower than expected in Tolna county, harvest not yet completed in more than one tenth of the plantation area. According to the November datas of the Tolna...

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Barramundi fish should be bred

There is an enormous economic potential in the barramundi fish. With the breeding of these species Hungary could use its thermal water potential –  wrote the Magyar Hirlap on Friday....

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German industrial orders decreased significantly

German industrial orders fell by 4.3 percent in September, compared to the datas of the previous month, mainly due to fewer orders for the Eurozone countries. Analysts expected only a...

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The value of China's foreign trade is on record level

The value of China's foreign trade amounted to a record high three trillion (3,000 billion) USD in mid-week, according to preliminary calculations – states the Beijing customs office. The symbolic...

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Locally purchasing is encouraged by winning action in Fertőd

Fertőd's municipality and more than forty local entrepreneurs encourage the local residents to buy locally with winning action. In the scope of the action, runs until December 22, the costumers...

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