Market News
Planned changes affecting retail
Date: 2012-11-09 00:45:51
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
Date: 2012-11-09 00:39:28
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
Date: 2012-11-09 00:31:42
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
Date: 2012-11-09 00:26:47
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
Date: 2012-11-09 00:13:40
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
Date: 2012-11-09 00:11:48
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
Date: 2012-11-09 00:11:25
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
Date: 2012-11-09 00:06:42
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
Date: 2012-11-09 00:02:24
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
Date: 2012-11-08 23:57:53
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
Date: 2012-11-08 23:51:32
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
Date: 2012-11-08 23:48:05
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
Date: 2012-11-08 23:15:46
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
Date: 2012-11-08 12:44:02
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
Date: 2012-11-08 12:40:28
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
Date: 2012-11-08 12:15:18
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
Date: 2012-11-08 12:14:52
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
Date: 2012-11-08 11:20:00
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
Date: 2012-11-08 11:12:53
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
Date: 2012-11-08 11:11:04
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!
Date: 2012-11-07 16:55:20
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
Date: 2012-11-07 13:12:55
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
Date: 2012-11-07 12:10:27
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
Date: 2012-11-07 12:03:40
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
Date: 2012-11-07 11:18:37
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
Date: 2012-11-07 10:56:45
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
Date: 2012-11-06 13:05:08
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
Date: 2012-11-06 11:50:18
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
Date: 2012-11-06 11:43:10
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
Date: 2012-11-06 11:42:46
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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