Market News
Cheap spirits may disappear
Date: 2011-11-07 13:22:13
The alcohol industry is preparing for response steps, due to the excise tax increase entered into force on the 1st of November. The businesses are seeking for “alternative solutions” that...
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Significant decrease in retail sales in the euro area
Date: 2011-11-07 13:20:25
After August's, moderate increase, retail sales decreased in the euro area in September – said Eurostat on Monday. The monthly retail sales in September decreased by 0.7 percent, after August's...
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A place to purchase local food in Zalaegerszeg
Date: 2011-11-07 12:55:50
A Center for Local Products and Brands has opened its gates in the city of Zalaegerszeg: visitors get to find out more about local brands and their environmental- and health...
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In the proximity of residential areas
Date: 2011-11-07 02:09:20
Alongside hypermarkets, retail chain units located in the proximity of residential areas play an increasingly significant role on the FMCG market. While a year ago 32 percent of consumers spent...
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Alimentaria 2012
Date: 2011-11-07 01:52:57
Alimentaria, one of the world’s three biggest food and Horeca trade fairs is held in Barcelona every second year. 30,000 food industry companies of Spain produce 7.6 percent of the...
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Postcard from Turkey
Date: 2011-11-07 01:48:59
This was the fifth time that we went on holiday to the Turkish seaside. What we saw was that the 8-percent annual growth of the economy also manifests in the...
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Tesco Mobile: the first virtual mobile service provider will be launched soon
Date: 2011-11-07 01:03:22
Tesco Hungary and Vodafone Hungary established Tesco Mobile, their joint – 50-50% ownership – independent mobile service provider. The company will offer its services in Tesco stores, using the technology...
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Americans economise on basic products but spend on indulgence products
Date: 2011-11-07 00:49:15
According to sales statistics, US consumers pay attention to what they buy after the crisis is over, but they are more willing to spend on indulgence products. Data from SymphonyIRI...
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POPAI-news from Hungary
Date: 2011-11-07 00:39:49
After the summer holiday there was a great interest about the first POPAI meeting on 15 September. Presenters came from Nielsen and the topic was ‘Measuring the efficiency of in-store...
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Hungarian companies with competitive ideas and products
Date: 2011-11-06 22:27:01
Márta Kakuk, the fair’s representative in Hungary was happy that 38 Hungarian companies exhibited at Anuga. The companies used a 579m² area to present competitive ideas and products for the...
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Raw materials are becoming more expensive, prices remain moderate
Date: 2011-11-06 22:24:04
Anuga attracted 150,000 professional visitors from 180 countries from 8 until 12 October in Cologne, who had a chance to see the stands of 6,600 exhibitors – including 38 Hungarian...
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The 75th OMÉK was really popular
Date: 2011-11-06 22:08:19
More than 85,000 visitors went to the 75th National Agriculture and Food Exhibition (OMÉK), held in the Hungexpo Budapest Fair Center until 2 October. There were more than 400 exhibitors,...
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Borsodi, Beck’s, Stella Artois, Staropramen
Date: 2011-11-06 22:01:27
‘Borsodi Brewery was happy to take part in the rally, using the opportunity to raise awareness of responsible alcohol consumption. Recently we put several new flavoured and special beers on...
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Most mothers are optimistic about a better future for their daughters
Date: 2011-11-06 21:51:37
All over the world, women see better opportunities ahead of them than their mothers did when they were young. These days it is women who make the majority of shopping...
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Good weather helped the food industry
Date: 2011-11-06 21:48:08
In August industrial production was 4.4 percent higher than a year earlier. Domestic sales have not grown in any of the months since October 2010. Industrial export augmented by 9.8...
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WLB – Work Life Balance after the summer
Date: 2011-11-06 20:45:10
Constant pressure at the workplace urges everyone to take a break in the summer. Creating the Work Life Balance – the healthy balance between one’s work and private life –...
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Demand shifted towards cheaper gift packages
Date: 2011-11-06 20:19:35
In the 2009 and 2010 seasons retail sales of gift packages containing body lotions and other cosmetics products were around HUF 3 billion. In the last season values sales dropped...
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Hypermarkets bettered their position
Date: 2011-11-06 20:06:03
With annual sales around HUF 24 billion, sweet biscuits are the 14th most important from the food categories audited by Nielsen. Value sales soared by 4 percent but volume sales...
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We tend to buy muesli and breakfast cereals in the modern retail channel
Date: 2011-11-06 20:04:19
According to GfK Hungária’s ConsumerScan, 45 percent of Hungarian households bought cereals (muesli, breakfast flakes and muesli bars) in the fist half of 2011. This proportion is lower than it...
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Breakfast cereals tolerate economic recession better than muesli
Date: 2011-11-06 20:02:34
According to data from Nielsen, breakfast cereals and cereal bars managed to grow, while muesli sales fell a little and muesli bar sales dropped considerably. One of the former key...
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On Hungarian roads for Hungarian food products
Date: 2011-11-06 20:01:46
This September Coop Rally was organised for the sixth time, and the 94 cars travelled from Bőcs to Gyula, representing 15 percent of the retail market and 20-25 percent of...
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Manufacturer brands improved their position
Date: 2011-11-06 19:56:45
The annual market of cereals audited by Nielsen is around HUF 10 billion. Cereal flakes/bars are the biggest category. Retail sales were up 3 percent in terms of both value...
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Can the FMCG market face the challenges of the digital age?
Date: 2011-11-06 19:55:51
In February 2011 GfK Hungária published their study ‘Digital Consumer’, plus in August-September 2011 they did a joint online B2B survey with Trade magazin among business decision makers; 65 people...
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Exporters are riding on the back of the weak Forint
Date: 2011-11-06 19:53:45
Compared with the same period one year earlier, in August 2011 the value of export and import expanded by 8 percent. In August we exported in the value of HUF...
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Bad summer for retailers
Date: 2011-11-06 19:51:42
In July 2011 the volume of retail fell by 1.3 percent, if compared with July 2010 – reports KSH. In the first seven months of the year volume sales in...
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25, 27, 30?
Date: 2011-11-06 19:45:49
The government announced that as of 25 January, the highest rate of VAT will increase to 27 percent. This step would bring an extra HUF 360 billion to the budget....
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Meet prices keep rising
Date: 2011-11-06 19:42:23
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that in Hungary the purchasing of broiler chicken augmented by 19 percent and its...
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New opportunities for the food industry!
Date: 2011-11-06 15:35:08
Under the HUN-GREEN brand name, Ugrin Pack-Erdősi Kft. launched new types of packaging materials. These ÖKOFOL (eco-foil) products are manufactured using special technology. The company was one of the first...
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Resources and intentions are given for offering lending solutions to small enterprises
Date: 2011-11-06 15:28:47
The SME sector is made up of many different types of businesses, which have various financing demands. Tibor Csonka, the head of OTP Bank’s Micro and Small Enterprise division told...
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