Market News

Planned changes affecting retail

Our magazine discussed the most important changes in taxation affecting the food industry and the retail sector with Péter Biczó, a partner in PricewaterhouseCoopers Auditing Kft. and Anita Mekler, a...

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Fleet management and operating lease

In Europe new car sales somewhat decreased but in Hungary 15 percent more new cars were sold in the first nine months of 2012 than in the same period of...

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Financial institutions keep fine-tuning their products

At the moment micro and small businesses show reduced demand for production machinery lease because investment activity dropped. These firms tend to apply for current account and working capital loans....

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Trends, whys and answers – part 6

Basically consumers are grouped according to socio-demographic features, e.g. sex, age, studies, income, etc., but qualitative market researchers can also characterise members of the target group according to psychographic characteristics...

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Shops, POP and ruin pubs: POPAI executives’ meeting – the Hungarian way

On 4-5 October 2012 Budapest was the meeting place of POPAI’s (Point of Purchase Association International) 16 representatives from 9 European countries, and POPAI North America president Michael Heneghan also...

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Production prices in the industry reduced further in August

In August 2012 production prices in the industry were 0.3 percent below the level of July. The volume of industrial production fell by 0.8 percent if compared with the level...

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Clash of the titans

Walmart and Amazon continue their battle. In September Walmart pulled Amazon’s Kindle readers from 4,000 stores and in October they started same-day delivery – a service that used to be...

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Pheed – new social media

The new service combines different elements of Facebook, Twitter, Tumblr, Instagram, YouTube and SoundCloud on a single platform, in order to make content creation easy. On Pheed, you can create...

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Displays: five golden rules

Gord Collins, a strategist with Ravenshoe Packaging (Canada) defined 5 important rules, which if kept can make displays successful. On his blog, called Between the Shelves, he published the following...

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Beer is a Czech icon – a postcard from Prague

As president of the Association of Hungarian Brewers, I recently had to participate in a regional meeting in Prague. Beer is an icon in the Czech Republic, it is everywhere...

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Retail of the future

The department store is considered to be the first modern form of retail, the first such unit opened in 1890 in the USA, under the still going Macy’s brand name....

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Optimists are the minority

For the first time in the history of the Business Days conference we asked participants to answer questions about macroeconomic issues. They could use a practical handheld device to cast...

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For a better sales performance of discount stores

Discount stores play an increasingly significant role in sales: their market share from food sales grew 2 percentage points to 20 percent in the December 2011-July 2012 period, while discounters’...

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More than 3 thousand billion HUF EU fundings were used

More than three thousand billion HUF EU fundings have been paid to the beneficiaries in the 2007-2013 fiscal period, from the available 8,200 billion HUF EU funds in Hungary –...

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Food has become too cheap, Unilever boss says

Food has become too cheap, a senior executive at a global food giant has claimed, as he said that people are too ready to throw meals away because they do...

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A medium fish harvest is expected

Despite the summer drought, the fish farms in Tolna county expect a medium fish harvest. They also reported about the narrowing of export markets to MTI. According to the leaders...

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Agricultural and Rural Development Agency: the need for support increased at the wineries

Compared to the previous years the winemakers' interest in supports for wine machines and technological equipment have increased significantly. Even on the very first days over 500 million HUF support...

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Christmas season can bring revenue record in the German stores

In Germany, the turnover of stores may exceed 80 billion euros for the first time this year during the Christmas season. Due to the expected consumer rush several ten thousand...

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European Court of Justice: the listing of the Slovakian Tokaji wine region cannot be challenged

European Court of Justice dismissed the action of Hungary, which appealed against the decision of the committee which listed the Slovakian “Vinohradnícka oblast' Tokaj” wine region designation to the  E-Bacchus...

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Japan increases whale meat sales

The Japanese fisheries agency extends and enhances its whale meat sales to finance the much-criticized whaling program, that is producing more and more losses every year. According to the Mainicsi...

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Coface CEE TOP 500 has arrived!

The largest companies in each of the above countries (revenues ≥ EUR 120 million) were listed, whereby financial service providers such as banks, insurance companies, leasing firms and brokers were...

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The pig strategy would double the pig stocks in seven years

The pig strategy adopted in the summer would double the number of pigs in seven years, which is less than 3 million at the moment. For the implementation mainly private...

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Buying online is comfortable

The Kupon Világ carried out a survey – on the occasion of the Hungarian Dotcommerce Day – among its customer community on their online shopping experience. At nearly half of...

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Retail sales increased in the EU and declined in the euro zone in September

The increase of the retail sales in the Euro zone, experienced in the previous months has stopped in: the volume delined by an average 0.2 percent compared to August –...

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Polish recognition to the Eger wine region and to the Tokaj Aszú

The Polish Wino (Wine) professional magazine gave the Best Wine Region of the Year to the Eger wine region. In addition, among the category of sweet wines the 1999 vintage...

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Magazine: Hungarian women are faithful to intimate hygiene products

Ildikó Kardos, marketing manager of Libresse distributor SCA Hygiene Products Kft. told Trade magazin that the Hungarian sanitary napkin, tampon and pantyliner market is stable, in terms of both segment...

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2.5 billion HUF was spent on chocolate last year during Santa Claus and Christmas

Consumers bought approximately 700 tons of seasonal candies for about two and a half billion forints between November 2011 and January 2012. Compared to the same period of the previous...

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Kuwait is interested in Hungarian poultry

Domestic construction industrial companies can also take part in the infrastructural investments of the five-year national development plan of Kuwait, that was launched in 2010 – Szijjártó Péter told Világgazdaság...

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VM: 4 million euros support to the wineries

The total of 4 million euros (about 1.1 billion HUF) support will be available again from the beginning of this week, for the purchasing of new winemaking equipments and technological...

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Hungarian poultry is competing in the Far East

Kardeván Endre Minister of State is negotiating on the expansion of the Hungarian food exports in Hanoi Secretary at the meeting of the Hungarian-Vietnamese Economic Cooperation Committee – the Ministry...

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