News and articles
Latest merger trends in the retail sector in our region
Date: 2011-09-20 00:59:41
Experts at PwC Retail & Consumer (R&C) analysed the performance of countries in Central and Eastern Europe in terms of M&A transactions, plus highlighted characteristic M&A trends in the food...
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Staying in the game
Date: 2011-09-20 00:58:03
Small and medium-sized retail enterprises have to compete with many others every day, in order to keep their customers. Consequently, it is great help for them if orders can be...
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Cross of Merit
Date: 2011-09-20 00:55:37
On 20 August Eszter Vágóné Balla, together with other two colleagues from Coop was decorated with the Gold Grade of the Cross of Merit of the Hungarian Republic. The CEO...
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Alföld Pro-Coop Zrt. strengthens its fresh product segment
Date: 2011-09-20 00:55:31
Domestic retail is stricken by economic difficulties, less money in consumers’ pockets and weakening purchasing power. Coop reacted to these trends by not surrendering: they carry on with the modernisation...
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Majority of Hungarians are not against receiving ads in e-mail
Date: 2011-09-20 00:53:23
Hungarians have a more favourable opinion of receiving online advertisements via e-mail than the European average – revealed a 55-countrey survey conducted by Nielsen. 58 percent of Hungarian participants said...
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Ladybird discount stores, Real, Tesco, Lidl…
Date: 2011-09-20 00:51:20
In the second quarter of 2010 51 percent of Polish consumers were of the opinion that their country’s economy was in a state of crisis – the European average was...
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Foreign trades shows pre-crisis characteristics
Date: 2011-09-20 00:49:54
In January-May 2011 the volume of Hungary’s foreign trade developed as follows: the volume of export augmented by 16 percent and import grew 14 percent from the same period in...
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More and more people buy in separate shops
Date: 2011-09-20 00:47:39
GfK Hungária conducted its annual nationwide survey on shopping malls. One third of the survey’s participants go to a shopping mall at least once a week and 31 percent visit...
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In Hungary FMCG product prices were up 5 percent on average
Date: 2011-09-20 00:46:56
In the second quarter of 2011 average prices in food retail rose by 5 percent if compared with the same period of 2010. The increase in the price of food,...
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Food prices are in the centre of attention
Date: 2011-09-20 00:43:10
In June 2011 the production price level of agricultural products was 35.3 percent higher than a year before. KSH’s report indicates that vegetable product prices surged by 46.7 percent and...
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Do we Hungarians also belong to the group of achievers?
Date: 2011-09-20 00:42:28
Is it true for us Hungarians what is true for one quarter of the world’s population, that our main motivation is financial well-being, position, power, ambition and our own interests?...
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Employment data look a bit better
Date: 2011-09-20 00:39:51
In the first six months of 2011 39,000 more people were working at enterprises employing a minimum of 5 people than in the first half of 2010. Together with them,...
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European pig prices are slowly increasing
Date: 2011-09-20 00:38:25
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that according to the estimation of the European Commission, 2 percent more pigs were...
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Body care for all ages
Date: 2011-09-19 23:50:22
Body care is a complex category that comprises accessories of bathing, skin care and beauty care. Consequently brands play an important role in the category as few take the risk...
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Both value and volume sales improved
Date: 2011-09-19 23:47:38
Body lotions bettered their market position: retail sales were up 9 percent in value and 5 percent in volume in January-June 2011. The category is 12th in the Nielsen ranking...
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Increased demand for pricier teas
Date: 2011-09-19 23:29:31
We buy more than HUF 13-billion worth of tea every year and retail sales augmented 2 percent in the December 2010-May 2011 period, while volume sales did not change –...
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Future in capsules
Date: 2011-09-19 23:27:34
Coffee is still in the top 5 food categories but according to Nielsen volume sales dropped by a couple of percent. Value sales did not change because increased raw coffee...
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Elevated coffee prices resulted in slower sales
Date: 2011-09-19 23:26:05
Coffee has the fifth biggest turnover among the 90 products measured by Nielsen. Annual retail sales amounted to HUF 47 billion. Value sales were stable in the December 2010-July 2011...
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Successful dairy snacks
Date: 2011-09-19 23:22:41
Data by Nielsen tell the story of stable sales on the cooled countline sweets, with túró rudi dominating. Dairy snacks represent one quarter of the market and the trend is...
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Demand kept growing for curd-filled bars in terms of value
Date: 2011-09-19 23:20:59
Cooled snack bars are the 11th most important among the 90 food categories measured by Nielsen, with annual sales nearing the HUF 27-billion threshold. In January-June 2011 value sales rose...
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Motivating programmes improve public health the most
Date: 2011-09-19 23:18:40
Budapest was the host of CAOBISCO’s (association of chocolate, biscuit and confectionery industries of the European Union) annual meeting and the following open roundtable discussion for members of the trade....
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Real chocolate has the advantage
Date: 2011-09-19 23:16:46
Chocolate figure sales augmented in both value and volume in the 2010 Christmas season – according to data from Nielsen. More valuable real chocolate pushed forward against nougat. Andrea Szabó,...
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Sales were up 4 percent in value and 2 percent in volume last year
Date: 2011-09-19 23:12:22
According to the Nielsen Retail Index, retail sales of Christmas seasonal sweets was in the HUF 2.5 billion zone in the last three years. In the November 2010-January 2011 period...
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Domestic products are only attractive if they are sold at good prices
Date: 2011-09-19 23:11:26
GfK Hungária measures an increasing segment of the fresh product market. From their report we learn that Hungarian households spend an annual HUF 226 million on fresh products – in...
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Fruit-vegetable sector: a need for restructuring
Date: 2011-09-19 23:09:12
Retail chains arrived in Hungary by the turn of the millennium and they brought global retail with them. The proportion of fresh fruit has grown in sales, less canned and...
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The neighbour’s garden: soybean processing in Burgenland
Date: 2011-09-19 23:04:47
Debates in the European Union concerning the regulation of GMOs divide experts in Hungary as well, albeit from a commercial point of view the trend is clear in Western Europe:...
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Changing spending habits
Date: 2011-09-19 23:02:01
These days most families shape their budgets from week to week. From statistical data on 3.8 million Hungarian households we can see that families’ budgets are shrinking. The Hungarian Trade...
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BDO: VAT increase, chips-tax – the government follows EU trends
Date: 2011-09-19 15:00:07
The adjustment measures of the Hungarian government follows the general practice of the European Union (EU), since in the EU, it is becoming increasingly common excise duty on the highest...
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There is need for regular savings
Date: 2011-09-19 12:46:19
Fifty-one percent of the population between the of 30 and 40 have some kind of savings, but this money is usually under half million forints – a new survey by...
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New stores in the Corvin
Date: 2011-09-19 12:45:15
The service range Corvin shopping center, soon celebrating its first anniversary will be expanded by a further 10 new stores during September and October. Among the new tenants, representatives of...
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