Market News

Increased market share for the biggest and the smallest stores

Fruit juice sells in the value of HUF 40 billion a year in Hungary. Last year value sales were up 1 percent but Nielsen registered minus 4 percent in volume...

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Price reigns among patés and spreads

Economic hardships started a restructuring process on the meat product market – to the detriment of patés and spreads. One of the reasons for this was a 6.1-percent increase in...

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A fleet in good hands

There are a couple of factors in the domain of fleet financing and management that give way to optimism: tenders are going to be reannounced and changes in legislation may...

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The GPS sees everything

iData Kft. is an acknowledged Hungarian satellite tracking company. Company head Lajos Szabó has realised the importance of this kind of service and created iTrack GPS, which is now used...

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Food-chain safety tests in the ham-product sphere

Prior to the Easter-season, the National Foodchain-safety Authority has ordered a detailed check-up to examine all ham-products. The county-authorities have checked producers as well as shops. Throughout the controlling process,...

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European egg production decreases by a weekly 200 million pieces

As Easter is approaching, eggs are getting more expensive Europe and it seems that shortage will occur from eggs, as the primarily result of the new European Union regulation. According...

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Fazekas Sándor: the government aims to increase the proportion of food distributed by the producers

The government in its National Rural Strategy points out that they are willing to increase the proportion of food sold directly by producers from 7 percent to 20 percent until...

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German retail declines for five months

The sluggish domestic consumption – despite the generally good economic climate – continues to slow down the upturn of the German retail trade: German retail sales declined for the fifth...

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Smokers: comply with the ban, if you can!

The violators of the new smoking law will be penalized from the 1st of April. The Society of Smokers does not consider the law realistic at several points, but requests...

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Product of the year Hungary 2012 – the winners

Product of the Year creates an opportunity for manufacturers to introduce their innovative products to consumers as soon as possible. Using the logo differentiates the given product from similar goods,...

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PwC: Hungary is still an attractive investment location

According to the PwC advisory group, Hungary is still an attractive destination for those who are wishing to invest. Supports and subsidies are important to the investors, because these are...

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KSH: 51 thousand more people are working than a year ago

The number of employees in December 2011 – February 2012 was 3 million 794 thousand, 51 thousand more than a year ago – the Central Statistical Office told MTI on...

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Magazine: Only real-chocolate Easter figure sales grew

Despite the economic environment and consumers cutting down on their spending, Easter sweets did surprisingly well last year. Andrea Szabó, Nestlé Hungária Kft.’s junior brand manager (seasonal confectionery) told Trade...

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Consumer-friendly enterprise application was announced

The National Consumer Protection Authority (NFH), in order to promote attitude in compliance with the law, announced a consumer-friendly enterprise application for small and medium enterprises of trade and catering....

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Kiwi instead of high blood pressure tablets

Norwegian researchers have demonstrated that the kiwi has an impressive antihypertensive effect. Its regular consumption decreases blood pressure to its normal values – can be read in the study of...

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Some Chinese tea species are more expensive than gold

As the spring season approaches, the price of some Chinese tea species increased into heights never seen before. The highest quality, rare tea spiecialties are considered as luxury presents today,...

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Detailed forecast of GKI Economic Research Co. for 2012

The Hungarian economy has been the weakest for years in the region, and it fell short of its own capabilities. Now this is accompanied by a credibility crisis (perceived in...

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GDP will decline by 1.5 percent this year, next year it will increase with the same percentage

According to the GKI Economic Research Zrt., this year, the gross domestic product (GDP) will decline by 1.5 percent. GKI believes that in 2013 it will increase by the same...

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Magazine: Most Hungarians are convinced that organic food products are healthier

84 out of 100 Hungarian consumers think that organic products are healthier, 70 reckon that by eating organic food they do not consume pesticide residue and other poisons – revealed...

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Serbian-Hungarian agricultural trade is expanding vigorously

Hungarian agricultural exports to Serbia increased by 38 percent in 2011, compared to the previous year and exceeded 50 million euros. Imports from Hungary’s southern neighbour increased by 50 percent...

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VinCE Budapest 2012: Huge success for Hungary

VinCE Budapest 2012 promised to be a great wine event for professionals and amateur wine lovers alike. The primary focus of VinCE is wine (vin) in Central Europe (CE). Over...

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New evidence on effects of green coffee beans in weight loss

According to U.S. researchers, extract from green, unroasted coffee beans may help in weight reduction. Joe Vinson and his colleagues will describe their results at the San Diego conference of...

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China imports more and more wine

Paralell to the growth of wages and incomes, the consumption of wine and the consumption of imported wines are also growing in China. Most of the wines (117.9 million liters)...

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GfK: Customers are looking for cheaper products

Last year, retail sales rose by 1.9 percent to 2,789 billion HUF as the result of a 5.4 percent price increase, a 0.4 percent decrease in volume and a 3.1...

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What's on our Easter-table?

Hungarian housewives get to choose from a wide range of seasonal Easter smoked items at the shops. The experts of SGS Hungária Ltd. offer help to find our way within...

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The development of food industry is a national strategic issue

The development of food industry is a national strategic issue  – voiced Bognár Lajos, Deputy-Secretary of State of the Ministry of Rural Development (VM) responsible for food chain surveillance and...

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Hungarian fruit and vegetable producer groups can receive 1.4 billion HUF this year

The Ministry of Rural Development (VM) earmarked 1.4 billion HUF for the fruit and vegetable producer groups in the Darányi Ignác-plan this year. The support can be claimed for the...

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The criterias of food marketing will be more stringent

The criterias of food marketing will be more stringent  and the fines will significantly increase, due to the amendment of the food safety law approved by the National Assembly on...

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German consumer sentiment worsened

Some deterioration occurred in the German consumer sentiment indicator in April, after it was steadily improving in the previous six months, – the GfK market researcher announced on  Tuesday. The...

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Batch of blessed Pilsner Urquell beer heading to Vatican

The Pilsner brewed pilsner beer specifically for the Vatican for the Easter holidays and set sail on Monday afternoon from the West Bohemian Pilsen to Rome. With the Easter celebrations...

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