Market News

The El Niño may bring food price increases

The climate phenomenon called El Niño is ikely to occur this year with a two-third probability. It can cause significant increases in food prices – tozsdeforum.hu wrote. The El Niño,...

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Revolutionary changes in shower gel ingredients

– Since the skin is one of our most precious sense organs, it is important to use the right shower gel, one that vitalises and nourishes – Szilvia Baranyi, trade...

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Market expansion in both value and volume

Shower gel retail sales represented HUF 13 billion in March 2013-February 2014. Both value and volume sales rose 2 percent. Hypermarkets’ 42-percent share from value sales didn’t change, drugstores gained...

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Tetra Pak® is the first to use bio-based plastic for carton packaging

For the first time in the industry, Tetra Pak® uses bio-based plastic for making drink cartons. The world leader in food processing and packaging solutions announced that all packaging manufactured...

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Milk powder production restarts in Berettyóújfalu

This year raw milk is still purchased from Germany for milk powder production, but from 2015 the owners plan to buy from local dairy farmers. The plant, established in 1957,...

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New Alpha-Vet products reduce environmental burden

Alpha-Vet Veterinary Kft. was awarded HUF 262.7 million within the framework of the New Széchenyi Plan and realised an investment in the value of HUF 386.3 million, developing marketable macro-...

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NAV collects the tax even by the side of the road

Attila Suller, speaker of the National Tax and Customs Administration (NAV) informed our magazine that in March-April 2014 there were about 300 cases when excise officers seized trucks, cars, various...

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We have reasons to be optimistic

According to Tímea Pesti, commercial director of LeasePlan Hungária Zrt. new vehicles are most of the time purchased for company fleets. However, although in recent years the ratio of corporate...

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Loans drive growth in the vehicle market

2013 was a better year for utility vehicle retailers than 2012: sales grew in all categories – reveals data provided by DATAHOUSE. What is more, sales in the first quarter...

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Tobacco shops may realise one billion in revenues

Tobacco shops may generate HUF 1-billion revenue for NDN Zrt. when those winning new concessions open shop. The majority of new tobacco shops will be in villages, so the annual...

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GKI: Further improving consumer expectations, business expectations unaltered

In the first quarter of 2014 last year’s soaring of the GKI-Erste economic sentiment index adjusted for seasonal effects slowed down. According to the empirical survey conducted by GKI with...

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‘Tobacco shop – with a view?’

Rolling tobacco and lower-category cigarillo continue to gain ground in the market. This trend results in significant profit margin loss in tobacco product retail. If we examine price ratios per...

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Nielsen: the consumer confidence index was not this high since 2010

The Nielsen Consumer Confidence Index has reached a record level in the last period in Hungary. During the first quarter survey of this year the Nielsen Consumer Confidence Index rose...

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Improved results during the spring seasonal checks

During the spring seasonal checks, the food chain surveillance authority was focusing on products appropriate to the culinary traditions. During the spring seasonal checks, the food chain surveillance authority (Nébih)...

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22 to 25 thousand tons of honey is produced every year in Hungary

In Hungary, an average of 22 to 25 thousand tons of honey is produced each year – Mészáros József, managing director of the Hungarian National Beekeeping Association (OMME) told MTI...

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Magazine: Private label products: changing strategies, growing market

According to the 2013 edition of Euromonitor’s Global Consumer Trends survey, 89 percent of consumers regularly put private label products in their basket. In the last 12 months 56 percent...

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Last year, the stores in Pozsony gave half of the retail sales in Slovakia

Last year, the stores in Pozsony gave 47 percent of the retail sales in Slovakia – the analysis of the Poštová Banka shows, which was sent to MTI on Wednesday....

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The NAV seized more than 37 thousand packs of cigarettes near Tiszabecs

More than 37 thousand packs of Ukrainian cigarettes were seized by the National Tax and Customs Administration (NAV) in the region of Tiszabecs – was writen on the organization's Facebook...

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4th GfK Day: e-consumers in focus

On 20 February GfK Day was organised for the fourth time, this time giving an insight into the most typical e-consumption habits, with the participation of more than 60 Hungarian...

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Investing in the medicinal herb sector

The Ministry of Rural Development signed a strategic agreement with the representatives of the medicinal herb sector. In Hungary about 5,000 people collect 110-120 medicinal herb varieties. 25 companies grow...

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2.5 billion forints for farmhouse development

Nearly 1,000 applications were sent in for funding from the farmhouse development programme and from these 778 were eligible for support. 529 plans won various sums: HUF 1.5 billon was...

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Action plan to popularise organic farming

The Minister of Rural Development approved the action plan to develop organic farming in Hungary on government level. By 2020 the new plan wishes to increase the size of land...

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GfK: mainly women and young people are visiting the malls

On the basis of GfK’s analysis the visitors of the domestic shopping centers can be characterized well, considering the fact that most of them return. The guests of the plazas...

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The system of the shelf money remains in larger retail stores

The system of the shelf money remains in larger retail stores but it will be called differently – the National Food Chain Safety Office announced. In addition the ratio of...

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The mounting of the Hungarian-developed online cash registers has started in Budaörs

The mounting of the Hungarian-developed CashCube online cash register family has started in the new Budaörs-based production hall of the Tekinvest Holding Kft. and the LA Pénztárgép Kft.. Temesfői Zsolt,...

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The food banks are saving the food surplus for thirty years in Europe

“I'm hungry” was the title of the newspaper article, which appeared in the French La Croix newspaper on 13 March 1984. The article discussed the sad fact that the number...

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Biogas plant to be built in Balassagyarmat

The Sinergy Kft. builds a biogas plant in Balassagyarmat in the scope of a nearly one and a half billion HUF investment. The biogas plant will ensure the cheap heating...

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GKI: Optimism in the real estate market

GKI conducts real estate surveys twice a year in order to assess plans, intentions and prospects of market players (realtors, developers, operators, households and companies) for the next one year....

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NGM : The 30 April deadline will not be extended

So far tens of thousands of traders have not installed the online cash registers, even though the final deadline expires on Wednesday. The National Retail Federation would like to achive...

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So far, nearly 85 thousand online cash registers were installed

So far, the traders have installed nearly 85 thousand online cash registers – the Ministry of National Economy (NGM) told MTI. According to the current rules, the customers of the...

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