News and articles
McDonald's Happy Meal is banned!
Date: 2010-11-03 09:01:20
San Francisco became the first major city in the USA to ban restaurants from giving out toys with meals that have more than a set amount of calories, fat and...
Read more
Ground, roasted passion
Date: 2010-11-02 21:46:39
In September Tchibo reintroduced its Tchibo Exclusive products, which are now made using a new recipe, from 100-percent arabica beans. Andreas Christmann, Tchibo’s international procurement director was present at the...
Read more
The future haunts
Date: 2010-11-02 21:40:38
GINNT EXPO, the Global Innovation Technologies Expo was held in the Syma hall from 15 until 17 September. GS1 Magyarország Zrt. organised the event for the second time in Hungary....
Read more
2D code for Christmas
Date: 2010-11-02 21:35:18
According to data from Scanbuy (New York), in August more 2D codes were scanned in the USA than in 2009. From Heineken beers to Gap clothes, QR codes can now...
Read more
Mobile phone is a double-edged weapon
Date: 2010-11-02 21:31:37
According to a survey by Millennial (USA), from 10,000 people who use their mobiles for shopping 27 percent said they had bought everything with their mobiles in the previous 30...
Read more
Displays going greener
Date: 2010-11-02 21:30:21
POPAI UK&Ireland founded its POS/POP self-regulatory environmental section called ‘Green Project’ 2 years ago. To celebrate the anniversary they organised a seminar where they presented PSS, the POPAI Sustainability Standard:...
Read more
Annual meeting
Date: 2010-11-02 21:28:49
POPAI Hungary Association held its annual meeting on 9 September. The board’s report was accepted unanimously and everyone remained in their positions. POPAI Hungary decided to send a delegation to...
Read more
The OTP may acquire share in the largest Croatian food company
Date: 2010-11-02 20:06:56
Podravka announced, that the company will not purchase the 10.65 percent of shares of the company, so OTP can gain share in Croatia's largest food producer and distributor company. Previously,...
Read more
Nearly 19 million HUF donations gathered in the scope of the Tesco promotions
Date: 2010-11-02 20:05:52
Tesco costumers collected 19 million HUF with the purchasing of 200 HUF nominal value fundraiser coupons, between the 13th of October and the 1st of November for the victims of...
Read more
Homely flavours
Date: 2010-11-02 19:35:12
One of the last decrees of the previous government’s ministry of agriculture opened a new market for small farmers: they can not only sell fruit, vegetable or eggs that they...
Read more
New times and a new world (Part 1)
Date: 2010-11-02 19:29:26
The number of participants at the joint Business Days conference of Trade magazin and Lánchíd Club, held at the end of September each year, is growing from year to year....
Read more
All in one
Date: 2010-11-02 19:22:08
How did Raiffeisen Bank change its former lending policy? We talked to György Dercsényi, the head of the bank’s small enterprise sector. T. M.: – The last 12 months were...
Read more
New loans in the Széchenyi Card Programme
Date: 2010-11-02 19:17:44
The economic crisis changed the Hungarian financing market; increasing risks forced financial institutions to survey the financial conditions of debtors more thoroughly. Enterprises with a weaker creditworthiness were steered to...
Read more
Expansion during the recession
Date: 2010-11-02 19:15:40
The factoring market did not escape the crisis either, but despite this negative environment Erste Faktor Zrt. became the most dynamically developing actor on the market. We asked CEO István...
Read more
Innovative products
Date: 2010-11-02 19:11:35
Erste Bank traditionally pays great attention to developing financial services for the SME sector. We asked Krisztián Vitéz, Erste Bank Hungary Nyrt.’s small enterprise sales director • – Erste Bank...
Read more
Increasing demand for foreign exchange loans
Date: 2010-11-02 19:10:04
We asked Citibank how the economic crisis affected their lending practices on the SME market. From their answer we learned that Citibank’s conservative risk management approach made it possible to...
Read more
Companies are still waiting
Date: 2010-11-02 19:06:28
According to a survey by Coface Hungary, from the companies asked nearly 40 percent saw their sales revenues decline by more than 10 percent in 2009. Another 10 percent of...
Read more
A complex approach
Date: 2010-11-02 18:59:46
The last 12 months were characterised by contracting business lending and less active commercial banks. We asked Zoltán Boldis, the product and process development director of Budapest Bank’s corporate sector...
Read more
What you can eat today…
Date: 2010-11-02 18:40:41
In the autumn several market research companies published data and results from the domain of healthy eating. Nielsen revealed that Hungarians find healthy food products too expensive. Ipsos found that...
Read more
On four wheels for Hungarian food production
Date: 2010-11-02 18:35:32
Coop Rally was organised for the fifth time, and the 84 cars travelled around the central and northern part of Transdanubia from 16 until 18 September, to tell people about...
Read more
Agricultural prices soared during the summer
Date: 2010-11-02 18:31:55
The production price level of agricultural products augmented by 12.8 percent in July 2010, compared with July 2009. Vegetable products became 20.5 percent more expensive, while livestock and products of...
Read more
Drugstores’ market position became more stable
Date: 2010-11-02 18:29:11
The annual market of household chemicals and cosmetics exceeds the value of HUF 300 billion. According to Nielsen, these products’ retail sales did not change this January-August, compared with the...
Read more
Decrease in the prices of food products
Date: 2010-11-02 18:24:42
In August KSH reported a monthly consumer price decrease of 0.6 percent. Compared with August 2009, prices rose by 3.7 percent. In the first eight months prices were 5.2 percent...
Read more
We still consciously pick the place of our shopping
Date: 2010-11-02 18:23:25
According to a study titled ‘Retail analyses 2010, the first six months’, made by GfK Hungária, in the first quarter of 2010 a positive trend characterised households’ spending on food...
Read more
Ipsos launched a validated online research system
Date: 2010-11-02 18:21:44
Ipsos Zrt. launched a new online research service, called Validated Online Opinions (VOV in Hungarian). VOV is a research panel recruited from the users of networking website iWiW, which has...
Read more
Fewer tourists visited Lake Balaton than expected
Date: 2010-11-02 18:19:39
According to data from KSH, in January-July 2010 the signs of economic recovery were not significantly palpable in the tourism sector: fewer domestic guests were registered at commercial accommodation sites....
Read more
We visit shopping centres less frequently
Date: 2010-11-02 18:18:12
GfK Hungária’s latest (July 2010) survey on shopping centres reveals that the number of those going to shopping malls one or more times per week slightly fell, and the proportion...
Read more
‘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...
Read more
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...
Read more
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...
Read more