News and articles
Chiquita Ltd. abolished
Date: 2009-05-29 00:05:12
The Vác based fruit trader the Chiquita Hungary Trading Ltd. will be wound up. The company majority-owned by Chiquita Banana Company B.V. registered in the Netherlands, imported fruits, especially bananas...
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Lidl plans to enter Romanian market
Date: 2009-05-29 00:00:43
Discount food chain Lidl has advanced plans to enter the Romanian market and is currently scouting out potential store space, according to representatives of the company quoted by local newspaper...
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Consumer confidence in the United States is improving
Date: 2009-05-28 00:34:00
The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...
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Liquidation of Herz Salami has been started
Date: 2009-05-28 00:32:00
The liquidation application against Herz Salami Ltd. became effective. It is begining of the liquidation of the 120 year old domestic company. The company's majority owner Jámbor János said, that...
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Save and invest rather than taking up loans
Date: 2009-05-28 00:25:00
The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...
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Bank guarantee program to help food processors
Date: 2009-05-28 00:21:00
The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...
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One of the big loser of the crisis is the meat industry
Date: 2009-05-28 00:12:00
According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...
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Decreasing prices at Slovakian retailers
Date: 2009-05-28 00:03:00
After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...
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Good news from France: In April private consumption has been increased
Date: 2009-05-28 00:01:00
Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...
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Fragrance marketing entering Hungary
Date: 2009-05-27 08:00:00
Mood Media has begun to offer fragrance marketing services in Hungary as well, in co-operation with their European partner Ambius. The injection of fragrance particles into the air is controlled...
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Consumer preference for grilling stable
Date: 2009-05-27 08:00:00
The grilling season when the largest part of special sausages and spices are sold is near. Consumer enthusiasm for grilling remains stable with sales totalling 900 tonnes in the March...
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Great opportunities in the market of refrigerated goods
Date: 2009-05-27 08:00:00
The logistic market of refrigerated goods is in turmoil. Both local and international enterprises see market gaps waiting to be filled. According to Szabolcs Czifrik from Liegl & Dachser Kft.,...
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No boom foreseen by Atradius for next year
Date: 2009-05-27 08:00:00
Forecasts predicting a boom for 2010 are not considered to be reliable by Atradius. The credit insurance company expects recession to continue in 2010 as well. According to their country...
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Who is going to have the biggest slice?
Date: 2009-05-27 08:00:00
Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...
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Bonduelle for children
Date: 2009-05-27 08:00:00
Healthy nutrition for children is one of the key strategic objectives for Bonduelle pursued in co-operation with the Think Healthily! Program which is active in kindergartens. Bonduelle also provides training...
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Prices are not the weapons used in the fight for consumers in the grill market
Date: 2009-05-27 08:00:00
Apart from the general decline in consumption and the colder summer, the expanding selection of marinades and grill brines pose a further threat to the market of grill products. On...
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Chance or risk?
Date: 2009-05-27 08:00:00
On 12. May, a conference was held by manufacturers of dairy products under the title “Chance or risk?” to discuss possible answers to the problems presented by the economic crisis....
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Change in VAT to have little effect on inflation
Date: 2009-05-27 08:00:00
According to a study by KOPINT-TÁRKI Konjunktúra Kutató Zrt. and Agrár Európa Tanácsadó Kft., food inflation is expected to be significantly lower in 2009 than a year ago owing to...
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(HU) Flora
Date: 2009-05-27 08:00:00
„Love your heart throughout your life because this is what drives you” – we want to encourage and inspire consumers to pay attention to cardiac health and also to adopt...
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Five candles
Date: 2009-05-27 08:00:00
Following the disappearance of borders five years ago, the flood of imported food came as a shock to the local food industry. Today, imported products account for nearly 30 percent...
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Record revenues for Ringier-group
Date: 2009-05-27 08:00:00
The Ringier group produced 5.3 percent growth in 2008, with revenues totalling CHF 1,536 million. Digital media accounting for 8.5 percent of total revenues achieved especially dynamic growth. Ringier Magyarország...
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Market expanding in terms of both value and quantity
Date: 2009-05-27 08:00:00
Annual sales of spices, red paprika and flavourings exceeded HUF 18 billion in the April 2008-March 2009 period. Growth was 11 percent in terms of value and 2 percent in...
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Foresighted companies invest in development even in times of crisis
Date: 2009-05-27 08:00:00
It is quite surprising to see that SME-s have reduced their spending on material handling equipment less substantially than large enterprises. Regarding spending on warehousing software, the situation has not...
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More shoppers from the 50-65 age group in modern chains
Date: 2009-05-27 08:00:00
According to the Nielsen ShopperTrends survey, an increasing proportion of 50-65 year olds visit modern stores, while the loyalty of this group towards traditional stores has diminished. While in 2007,...
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Győri Édes keksz
Date: 2009-05-27 08:00:00
It is made for the first time in Hungary, from 100 percent natural ingredients, without artificial additives, so that families can enjoy the well known sweet flavours. New brand value...
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Stores opening
Date: 2009-05-27 08:00:00
Tesco, Tököl Open: 25 March Chain: Tesco Store space: 1000 m2 SKU: 20 000 Spar, Balassagyarmat Open: 30 April Chain: Spar Store space: 688* m2 SKU: 6000 Spar, Érd Open:...
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New sales director for POS Media
Date: 2009-05-27 08:00:00
Nikolett Neff, former in-store sales manager was appointed sales director of POS Media Hungary in March. She has been working for POS media since June 2004. Her tasks will include...
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Green spices bringing diversity into Hungarian cuisine
Date: 2009-05-27 08:00:00
Diversity in the use of spices is growing but this does not mean the end of red paprika. In fact it is still producing growth in spite of a substantial...
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Magyar Posta Logisztika expanding its portfolio
Date: 2009-05-27 08:00:00
Magyar Posta Logisztika (MPL) has been the leader in the Hungarian domestic CEP market for years, with a market share of nearly 30 percent in 2008. According to László Bereczki,...
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