News and articles
‘It is ending precisely now…’ (Part 6)
Date: 2010-11-02 18:16:45
This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Let us summarise what...
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Shops are buzzing in France
Date: 2010-11-02 18:15:20
According to a quick estimate by Eurostat, in July 2010 retail sales improved by 1 percent in the EU-27 and by 1.1 percent in the eurozone, compared with the same...
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By 2020 an expansion of supermarkets and discount stores is expected
Date: 2010-11-02 18:14:09
GfK Hungária recently examined short-, mid-, and long-term retail trends. Based on the results they prepared several scenarios for 2011-2020. Hypermarkets’ market share is expected to remain 23 percent in...
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Cheese drink is here
Date: 2010-11-02 18:09:59
Japan surprises the world with something new every week. This time it is cheese drink: tropical orange juice with 51-percent fruit content is flavoured with exotic cheese. The drink tastes...
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Cartridge cleaners
Date: 2010-11-02 18:08:19
Liquid soap and washing up liquid refills are not novelties these days. Not until somebody comes out with the idea of refill cartridges. Planet People from Canada put a collection...
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Stickers against forgetting
Date: 2010-11-02 18:06:59
‘Beauty is timeless. Beauty products are not.’ – this is the slogan of the service called Beauty Alert. The company entered the market with stickers which make it easy to...
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Food product import reduced
Date: 2010-11-02 18:04:58
In the first six months the volume of export increased by 18 percent from the base period and import also grew, by 15 percent. KSH’s quick report also reveals that...
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Weak forint strengthens the industry
Date: 2010-11-02 18:03:43
In July 2010 the volume of industrial production augmented by 9 percent, compared with July 2009. In the first seven months industrial export improved by 15.7 percent (by 11.2 percent...
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Food industry prices fell
Date: 2010-11-02 18:02:21
While domestic sales prices fell by 0.6 percent in July 2010 (in comparison with June), they rose by 9.9 percent if compared with the level of July 2009. According to...
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Inflation is at a standstill in the eurozone
Date: 2010-11-02 18:00:28
Eurostat reported that consumer prices increased by 0.2 percent in the eurozone in August, in comparison with July. In the EU-27 consumer prices were 2.1 percent higher in July 2010...
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Food prices on their twenty-seven month peak
Date: 2010-11-02 17:57:33
According to the calculations of FAO, the UN Food and Agriculture Organization; Food prices increased to their twenty-seven month peak in October, particular, due to the rise in the prices...
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Pork prices are lowering again
Date: 2010-11-02 17:56:59
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the production price of domestically bred pig fell...
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Vatera and TeszVesz officially merged
Date: 2010-11-02 17:55:53
Acccording to the statement of the company; The two companies will continue their activities under the name: allegroup.hu Ltd. and also issues invoices under this name. We did not have...
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Retail turnover finally expanded
Date: 2010-11-02 17:55:17
In July the volume of retail increased for the first time since March 2007: by 1.7 percent if compared with July 2009. However, in the first seven months of 2010...
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Tea is the second most popular warm drink
Date: 2010-11-02 17:52:23
In January-June 2010, 69 percent of households bought tea. From the different tea types black, flavoured black and herbal teas were the most popular, with a 27-30 percent penetration. Fruit...
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Shower gels and deodorants are the most popular in gift packages
Date: 2010-11-02 17:46:48
Christmas gift packages with body care and cosmetic products were sold in the value of HUF 3 billion in the last Christmas period. It is noteworthy though that sales were...
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Health is the key word that slowly changes the structure of the tea market
Date: 2010-11-02 17:45:33
In the recent period the tea market strengthened above the level of inflation, in terms of value: consumers bought more from expensive tea varieties. Lilla Adorján, Unilever’s category operations assistant...
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Demand shifted towards more expensive segments
Date: 2010-11-02 17:43:44
On the HUF 13 billion annual tea market retail trends differ from the general trend: consumers are not trying to economise. In May 2009-April 2010 tea retail sales grew by...
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Breakfast cereal is the choice of young families with many children
Date: 2010-11-02 17:42:27
According to GfK Hungária’s ConsumerScan, half of Hungarian households bought some kind of cereal product in the first half of 2010. Breakfast cereals were the most popular, followed by muesli/cereal...
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Only muesli was capable of a positive performance
Date: 2010-11-02 17:38:26
According to the Nielsen Retail Index, retail sales of cereals and cereal bars fell by 2 percent in value and by 1 percent in volume, in December 2009-July 2010. Volume...
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Large packaging units debuted well
Date: 2010-11-02 17:35:07
The Nielsen Retail Index revealed that butter’s value and volume sales both grew by 4 percent in December 2009-July 2010, in comparison with the same period one year earlier. Sales...
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Lower level of concentration, private label sales diminished
Date: 2010-11-02 17:29:33
According to the Nielsen Retail Index, the share of stores larger than 400 m² from wiener volume sales decreased by 3 percentage points in the first half of the year....
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The Dutch babies love the Univer
Date: 2010-11-02 16:34:49
The Univer Product Zrt. tripled its baby food exports with exports to the Netherlands – reports Világgazdaság. The Hungarian company transports five million pieces of baby food to the Netherlands...
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Better than expected results from Metro
Date: 2010-11-02 16:32:15
The operating profit of the food chain can reach 2.3 billion euros this year. The third quarterly report shows, that net earnings increased to 149 million euros with the 67...
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Close to 1,000 billion surplus in trade balance
Date: 2010-11-02 16:31:26
According to the report of the Central Statistical Office; In January-August of 2010, the trade balance surplus was 956 billion HUF (3,493 million euros) 355 billion HUF (1413 millioneuros) more...
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New Managing Director at METRO Kereskedelmi Ltd.
Date: 2010-11-02 15:39:26
New Managing Director at METRO Kereskedelmi Ltd. will take over the position as Managing Director at Metro Cash & Carry Hungary. Roland Ruffing joined Metro Cash & Carry as Finance...
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Compensation for free lunch
Date: 2010-11-02 13:46:28
McDonald's has to pay 3.7 million HUF to a former employee. The case occurred in Brazil. A former employee sued the company because he fattened 30 kilograms, while working for...
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Twining mobile teahouses are on their way again
Date: 2010-11-02 12:32:24
Two well-known and highly appreciated personalities – Katalin Kovács kayak champion and actor Iván Fenyő – will do their best at three venues to make Twining tea even more popular...
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SPAR is a disability-friendly workplace
Date: 2010-11-02 09:19:12
Over the past two decades, increasing attention is paid to people with disabilities. Beside accessibility, the most important tasks are; education and the workplace – stressed Soltész Miklós, State Secretary...
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Restructuring taxes: helping equilibrium, killing growth
Date: 2010-11-02 01:29:57
According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the restructuring of taxes in 2011 brings the general government deficit under 3 per cent...
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