News and articles

Performing on the parallel bars, in the spirit of Porter

The Business Days in Tapolca were great, my presentation was also good, but afterwards I was thinking more about what I had missed from my presentation than usual. I would...

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The bankruptcy wave is still here

In real economy the crisis is far from being over and a large number of companies are still expected to grow bankrupt. With 20,000-30,000 bankruptcies a year, Hungary is still...

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Fruit prices increased the most

Agricultural product prices significantly elevated in the past year. The production price level of agricultural products was 31 percent higher in November 2010 than a year earlier: vegetable product prices...

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obli/ance

The smart buyer’s main aim is to find the supply with the best price/value ratio. For the sake of the best offer the consumer is willing to collect information and...

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iconising

People’s attention span has become shorter in their stimulating environment. The sender of information only has a few seconds in which it must grab the consumers’ attention. Only those can...

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blind leading the blind

Consumers want to find new sources of information instead of those with expertise. Companies lose control over consumers and over the information flow. People turned their back on experts and...

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sustainable quality of life

After the recession consumers still want to sustain their standard of living. They reject obscure and vague promises, advantages and brands. Consumers set reachable purposes and look for more down-to-earth...

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age-lag

Everybody wants to be younger, wants to look youthful and is ready to make sacrifices in order to achieve this. There is a whole shift concerning age groups: children grow...

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Packaging units shrank on the frozen product market

Due to last year’s unfavourable weather there is a product shortage on the market of frozen fruits and vegetables all over the world. Prices elevated on the domestic market too,...

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share!

Consumers would like to do their bit and take their share of the work as active participants. Clubbing: groups of consumers form online communities for the sake of sharing profit...

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socio/control

Society’s social control – that is how we can sum up this trend in short. Consumers are forming communities to force companies to become transparent and socially responsible. They use...

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skeletonising

We have just started recovering from the recession and a new kind of asceticism controls our attitude. Producers have to return to the basic competences and get rid of unnecessary...

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business out of zero

With the help of the Internet it is possible to start prospering businesses as sources, ideas and know how are obtainable by anybody free of charge. A good idea or...

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Out of rock bottom

Retail volume sales were down 2.7 percent in the first ten months of 2010. According to the latest data by KSH, the volume of sales in October was at the...

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Alcoholic beverage and tobacco product prices increased above the average

In 2010 consumer prices were up by 4.9 percent on average, compared with 2009. Prices of ‘other products’ were up the most, by 8.8 percent, alcoholic beverages and tobacco products...

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Romania is on top of the EU’s inflation ranking

In November 2010 in the EU-27 consumer prices were 2.3 percent higher on average, compared to prices in November 2009. The biggest price increase was measured in Romania (7.7 percent)...

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Sharp increase in the turnover of Polish shops

According to a quick estimate by Eurostat, the volume of retail sales grew in October 2010: by 1.8 percent both in the EU-27 and in the eurozone, compared to the...

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Export drove industrial prices up

Domestic industrial sales prices were 1.2 percent higher in November 2010 than in the previous month. If compared with November 2009, they were 10.8 percent higher. Industrial export sales prices...

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The majority of the population expects a rise in prices

As opposed to earlier increase, the Consumer Confidence Index fell by 18 points in the last quarter of 2010, similarly to the Consumer Expectation Index that plummeted by 34 points...

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Retail turnover may expand by two percent this year

According to a forecast by GKI, the Hungarian economy is about to leave the crisis behind. Unfortunately, in order to formally meet the 2010-2011 budget deficit target Hungarian economic policy...

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Production expanded in the food industry too

Compared with November 2009, industrial production rose by 15 percent in November 2010. Production was 11 percent higher in the first eleven months of 2010 than a year before. According...

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Employee training combined with job preservation at Cora

In September 2010 Magyar Hipermarket Kft., the owner of Cora stores, started training programmes for employees in their Budakalász, Fót and Szeged stores. The programme is supported by the EU’s...

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Stable position in the middle rank

In 2010 young Hungarians participated in EuroSkills (soon to merge with WorldSkills) competitions for the fourth time. The contest was held in Lisbon and we entered in 13 categories. Cook...

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More than two million card holders in the SuperShop Programme

SuperShop Loyalty Programme is 10 years old and celebrates with more than 12 billion points and 2 million cards issued. We talked to managing director Norbert Hovanyecz. T. M.: –...

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Controlled quality in cooperation between SGS and Corvinus University

Quality requirements that our partners have to meet are becoming more complex from day to day. To serve this demand, SGS Hungária Kft.’s consumer testing line offers a wide range...

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With passion for quality meals

Market leading Pick Szeged Zrt. offers products made from quality base material to the lovers of Winter Salami and treats those who like salami, cold cut, ham, sausage, wiener, liver...

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Branded Goods Association: serving brands and quality for 15 years

BGA’s 15th anniversary meeting took place in the famous Lotz room of the Párizsi Department Store on Andrássy Boulevard, on 15 December 2010. In his opening speech President Tamás Ács...

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Budapest Wholesale Market plans to offer more services

CEO Zoltán Házi answered our questions. T. M: – What was 2010 like for Budapest Wholesale Market Zrt.? H. Z.: – We had a good year. We registered 645,000 entries...

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METRO Customer Academy was launched amid great interest

2010 was a milestone in the life of METRO Hungary, as by opening their Customer Academy the retail chain now offers also professional knowledge and an opportunity for development to...

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Coop Group firmly walks on the designated path

We evaluated the Coop Group’s successful year of 2010 with Co-op Hungary Zrt. CEO László Murányi and commercial director Péter Boros. • T.M.: – How do you evaluate 2010 from...

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