News and articles

Chocolate Santa Clauses in the Auchan and in the Tesco

The Santa Claus season lasts until Sunday evening, Monday morning in the domestic stores. The supply is abundant, but this year it is projected to be less sweet for the...

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Eurozone’s retail sales increased again

After falling for two consecutive months, the euro-zone retail sales rose in October – states the European Union's statistical office, the Eurostat on Friday. The October retail sales increased by...

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Inflation wave hits Romania and Greece

In August 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in August 2009. The biggest increase was measured in Romania (7.7 percent) and...

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A lot depends on tax law and the budget

According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the conditions for economic growth are somewhat worse than previously reckoned. The growth rate of external demand will be...

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Chicken sales on the rise

Agricultural Economics Research Institute (AKI) monitors and regularly publishes the world’s poultry and meat product trends. Their latest report reveals that the volume of broiler chicken purchased weekly on weeks...

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Industrial production improved after last year’s poor performance

In August 2010 the volume of industrial production increased by 17.6 percent from August last year. Production level in the first eight months of the year was 10 percent higher...

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Online food stores are in trouble

Every fourth online food store eliminates its operation in Great Britain. Years ago, the Internet has revolutionized the business sector. Costumers did not have to go to the hypermarkets: the...

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The new Wine Marketing Committee has been formed

Yesterday, the Wine Marketing Committee held its inaugural meeting at the Agricultural Marketing Center. The Committee on its first working day proposed the Ministry of Rural Development to continue the...

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Bulgarian pensioners stormed the Lidl stores

Pensioners stormed Lidl stores in Bulgaria last Thursday. The stores advertised huge promotions, offering bananas and cucumbers for pennies. In Sofia, a Lidl store opening attracted mainly pensioners living in...

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New 85 inch Panasonic plasma display set to impressin conference rooms

A new 85-inch Full High-Definition (HD) Plasma display has been rolled out by Panasonic South-East Europe and its partner CubeMedia Ltd. Designed initially for the commercial market the screen was...

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A cooperative yesterday and today

The first cooperatives were established during the industrial revolution. Their main principles were solidarity, joint work and democratic management; besides, they also helped members with opening shops and joint procurement....

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COOP has been a good neighbour for 15 years

Co-op Hungary celebrated its 15th birthday in Budapest’s Palace of Arts in November. Nearly 1,000 business partners, colleagues and friends showed up and in the following you can read excerpts...

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Celebration and concerns at Europe’s Day in Commerce

Europe’s Day in Commerce was celebrated for the sixth time in Budapest on 3 November. The National Association of Entrepreneurs and Employers (VOSZ) and the Hungarian member organisation of EuroCommerce...

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Hungexpo expands and customises

Willingness to exhibit instantly reduced in the crisis-ridden sectors, therefore Hungexpo has to come up with exhibition concepts customised to the needs of exhibitors, to offset the drawbacks of economic...

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Nearly all households buy some kind of hygiene or skin care product

According to GfK Hungária’s ConsumerScan, 95 percent of households bought some kind of hygiene or skin care product in the first half of 2010. In the youngest age group (under...

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Hand care creams have become cheaper

From the Nielsen Retail Index we learn that the annual market of hand and body care creams amounts to an annual HUF 7-8 billion. From this hand crams represent HUF...

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More expensive nuts and seeds, successful dried fruit novelties

Economic recession did not spare the domestic and international market of dried fruits and nuts/seeds. Mariann Novák, sales director of Nobilis told Trade magazin that the majority of Hungarian shoppers...

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So far we spent more on sweet biscuits this year

Data from Gfk Hungária reveal that households spent more on sweet biscuits in the first half of 2010 than in 2009. The number of buyers did not increase, but the...

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The biscuit market suffers from increased flour prices

Data by Nielsen revealed that sweet biscuits lost a significant share of their market in the last six months. Zsanett Teveli, Maresi Foodbroker Kft.’s brand manager told us that it...

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Plain biscuit strengthened its leading position

Sweet biscuit sales amount to HUF 23 billion per year, according to Nielsen. Plain sweet biscuit’s market share in December 2009-July 2010 grew to 43 percent in value (up 4...

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Rauch expands on a shrinking market

On 12 November Rauch announced at a press conference that they processed 80,000 tons of Hungarian fruit, 80 percent of which was apple. Gábor Kardos, Rauch Hungária Kft.’s director told...

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More expensive juice products increased their market share

In the fruit juice category, sales shifted toward more expensive products with a higher fruit content: the market share of juice grew to 29 percent in value – in December...

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40 years of learning

Balázs Pászti received the Lifetime Achievement Award of Trade magazin and Lánchíd Club. Mr Pászti was born in Budapest in 1948 and worked at only two places during his 40-year...

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From being an architect to working in the sugar industry

Béla Fischer received the Lifetime Achievement Award of Trade magazin and Lánchíd Club. Mr Fischer was born in Esztergom in 1952 and earned a degree in architecture, which was later...

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Now we can use our mobiles to pay when shopping

MobilePayment is available in 400 SPAR, Kaiser’s and Interspar stores from 11 November 2010, so Telenor and T-Mobile customers can use their mobiles instead of their wallets when they pay...

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CBA opened a new store that features cutting edge technology solutions

CBA uses state of the art technology solutions in its new store, which opened in Üröm on 5 November. Laurel Kft. installed digital posters, but the store also features a...

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SPAR takes back what nature cannot take back!

Waste collecting points were created in INTERSPAR stores nine months ago and since then more than 40 tons of electronic waste was recollected. Batteries, mobile phones, electronic devices, CDs, DVDs...

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Start the day with breakfast!

The National Institute for Food and Nutrition Science launched the ‘Start the day with breakfast!’ programme with METRO and four public catering companies. For six weeks from 15 September 2010...

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Rafinanz International multiplied the number of international customers by one and a half

Once again Rafinanz was the company that represented Eastern Europe at the 26th TFWA (Tax Free World Association), the biggest duty free and travel retail event held in Cannes. Eszter...

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GfK Custom Research expands its network by acquiring Interscope

GfK Group acquired 100-percent ownership of US consulting company Interscope, one of the leading specialists in building brands at retail, on 1 November 2010. Interscope complements GfK Custom Research North...

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