Market News
Hungary is on the podium in terms of Mineral Water in Europe
Date: 2012-12-04 13:10:21
In Hungary, 159 certified mineral water brands can be found. More mineral water brands in Europe can be found only in Germany and in Italy – Pet-Pack Ipari és Kereskedelmi...
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Hungary lags behind the EU average in the collection of beverage cartons
Date: 2012-12-04 11:20:00
Although there is a growing range of those in Hungary who collect beverage cartons separately, the volume is still below the average of EU member states – shows the survey...
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Budai Gyula: GMO-free Hungary is a competitive advantage
Date: 2012-12-04 11:18:35
GMO-free is competitive advantage for Hungary, and for the Hungarian agriculture – Budai Gyula said on Tuesday in Eger. Budai Gyula pointed out that agriculture is a strategic sector in...
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Canned fish: swimming upstream
Date: 2012-12-03 19:08:30
Although fish consumption in Hungary is still way below the European average, the slow conquest of health trends had a favourable effect on fish and canned fish sales in the...
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KPMG: the importance of consumer taxes increases worldwide
Date: 2012-12-03 13:00:52
The governments around the world are planning to collect more revenues from VAT, after the corporate tax rates are decreasing together with the profits of the companies and the corporate...
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Analysts: trade surplus remains high next year
Date: 2012-12-03 12:00:26
No significant recovery is expected in internal demand next year, so trade surplus may remain high in 2013 – analysts told MTI. Calculating in euros exports declined by 4.2, while...
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The denomination of certain milk products will be clarified in the Hungarian Food Codex
Date: 2012-12-03 12:00:12
The denomination of certain milk products would be clarified in the Hungarian Food Codex. The ministerial decree on this draft was published on Thursday in the government news portal. Under...
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Illegally distributed cooking oil and granulated sugar was found by Nébih
Date: 2012-12-03 11:58:15
More than 250 thousand liters of imported and illegally sold cooking oil and more than 70 thousand kilograms of granulated sugar was found in two Székesfehérvár warehouse – the National...
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Sales promotion on a higher level
Date: 2012-12-03 11:51:02
Nowadays, one of the key tasks of each marketing and trade marketing expert is sales promotion. Experts need to think in terms of complex promoting strategies, ones which are commensurate...
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The cherry pálinka of the year is being prepared
Date: 2012-12-03 11:29:19
Twelve premium pálinkas will be included to the special blend of 2013. Hungary once again jointly prepares the pálinka of the year, this time with sour cherries. The experts of...
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New Year’s Eve-period buyers rule the sparkling wine market
Date: 2012-12-01 22:11:51
In the 12-month period between September 2011 and August 2012 44 percent of Hungarian households purchased sparkling wine. This represents a small drop from the previous such period. Sparkling wine...
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Travels around FMCG – Business Days 2012 – part 2
Date: 2012-12-01 21:50:01
On Thursday the second section focused on the labour market and human resources. The moderator and first presenter was Randstad managing director Sándor Baja, who analysed challenges on the labour...
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Changing demand is reshaping production as well
Date: 2012-12-01 21:49:55
Budapest was the host of the COPA and COGECA congress between 1 and 3 October in 2012. One of the topics discussed was better utilisation of opportunities in bioeconomics. Participants...
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Tobacco products: the black market is growing again
Date: 2012-12-01 21:43:27
GfK Hungária’s latest study reveals that illegal tobacco product trade is becoming more and more widespread. According to official data, in 2011 total revenue from tobacco product sales was HUF...
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There will be no Hungarian potato left by spring
Date: 2012-12-01 21:36:57
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that the production price of potato in July-October 2012 was 28 percent higher than...
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Their plan goes up in e-smoke
Date: 2012-12-01 21:34:54
In 2010 the state budget’s revenue from the excise duty and VAT on tobacco products amounted to HUF 360 billion. Hungary’s parliament passed the new ‘tobacco shop law’ in September....
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Retail – the artery of the economy
Date: 2012-12-01 21:30:42
Tesco invited its media partners to a press meeting on 14 November, where the company shared with participants the results of the study conducted by Századvég Economic Research Institute, which...
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Quo vadis Hungarian manager?
Date: 2012-12-01 21:26:12
After the summer break many are waiting for the job market to come to life. What are the current trends? Economic recession forced many companies to restructure themselves and to...
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Trends, whys and answers – part 7
Date: 2012-12-01 21:22:37
As a qualitative market researcher, my experience is that about half of Hungarian consumers belong to the medi-level group (with an average level of price sensitivity). Their income is not...
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POPAI Awards POP competition winners
Date: 2012-12-01 21:19:50
Display of the Year and ‘Non-durable’ category winner: Knoppers display – OSG Form Kft. • ‘Non-durable’ category second place: Pritt island – IS Innovative Solutions Kft. • ‘Non-durable’ category third...
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USA: the highest holiday season turnover of the last 5 years is forecasted
Date: 2012-12-01 21:12:59
According to the International Business Times, retailers in North America expect the highest holiday sales since 2007. 100 retail marketing executives were interviewed and their answers revealed an expected growth...
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Christmas came too early for some customers
Date: 2012-12-01 21:07:51
Canadian drugstore chain Shopper Drug Mart realised that the first week of November is too early to start the Christmas countdown and at midnight 5 November they stopped playing Christmas...
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Fresh groceries attract customers
Date: 2012-12-01 20:58:37
For Hungarians high quality fresh groceries is the fifth most important factor (from twenty-two) in deciding where to go shopping – according to the latest ShopperTrends survey by Nielsen. Value...
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The price of pork may rise significantly
Date: 2012-12-01 12:50:06
Pig farmers justify a twenty, or even thirty percent price increase, after the feed prices jumped because of the bad harvest. The purchase price of pork increased to 380-400 HUF...
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KSH: increase in agricultural producer prices
Date: 2012-12-01 12:40:08
In July, the price of vegetable products increased by 5.3 percent after a decline of eight months, while the price of live animals and animal products increased by 9.3 percent...
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GKI: Recession continues uninterrupted during economic adjustments
Date: 2012-12-01 12:02:05
GKI forecast slight GDP growth (0.8 per cent) for 2013 following a decline of 1.5 per cent in 2012. In the wake of the new restrictions announced lately, however, only...
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The price consciousness of Hungarians is similar to the European average
Date: 2012-11-30 13:20:53
The price is the most important when purchasing clothing products for 50 percent of the Hungarian consumers. 48 percent are watching the price of household products. This ratio is 43...
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Fazekas Sándor: the melon sector is on a growing path
Date: 2012-11-30 12:55:40
The domestic melon sector is on a growing path – said the Minister of Rural Development in Medgyesegyháza on Saturday at the National Conference on the Evaluation of the Melon...
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Innovation might be the best way to go forward
Date: 2012-11-30 12:23:26
While the European Union is falling behind when it comes to innovative solutions, USA and Asia are catching up fast. Innovating was never easy. But it’s more difficult than ever...
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Company gifting continued to decrease
Date: 2012-11-30 11:28:00
This year Christmas gifting at companies declines further. The downward trend lasts since 2008 – shows the survey of the Promo Data Piackutató Kft. market research company. The Promo Data...
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