Market News
The EU Food Aid Program continues
Date: 2011-09-20 13:00:28
In the scope of the EU Food Aid Program, the aid agencies that already have a signed contract wit the for Agricultural and Rural Development Agency (MVH) continue the delivery...
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ZEW index: German business sentiment deteriorated further
Date: 2011-09-20 12:55:17
In August, the German business sentiment index, decreased to -37.6 points, from the -15.1 points of July – announced the Mannheim-based European Institute for Economic Research (ZEW). Analysts forecasted a...
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Nearly three hundred Italian bakery products exist
Date: 2011-09-20 12:04:27
In Italy, more types of bread produced than pastas: the bakery products were counted and found that there are nearly three hundred of them. Half of the Italians consider bread...
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Russia would ban foreigners from retail trade
Date: 2011-09-20 12:00:23
The Russian government plans to ban foreign citizens from retail trade including markets, from the 1st of January 2012. According to the draft regulation; foreign cititzens are not desirable for...
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Rice dessert was a relative winner on the contracting market
Date: 2011-09-20 11:24:46
Data by GfK Hungária indicate that reduced spending by households had a negative effect on the dairy snacks market: families bought 10 percent less cooled dairy snacks in the first...
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Environment -conscious World Week began
Date: 2011-09-20 09:17:50
An environment-conscious wordweek has begun on 19th September which will last until 23rd September, with more than 26 countries involved, all over the world by Hungary Green Building Council. You...
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Romania: drastic decline, in line with consumption trends
Date: 2011-09-20 01:04:56
In Romania the number of completed transactions in the retail sector dropped from 15 to 6 in the first eight months of 2011. Consumption growth practically stopped: retail sales will...
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Slovakia: few transactions, enterprise-friendly environment
Date: 2011-09-20 01:03:42
In Slovakia the number of completed transactions in the retail sector doubled, from 1 to 2 in the first eight months of 2011. Statistical data indicate a slowing down in...
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Poland: fewer transactions but growing retail sales
Date: 2011-09-20 01:01:40
In Poland the number of completed transactions in the retail sector fell from 5 to 3 in the first eight months of 2011. Rather surprising data, considering that retail statistics...
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Latest merger trends in the retail sector in our region
Date: 2011-09-20 00:59:41
Experts at PwC Retail & Consumer (R&C) analysed the performance of countries in Central and Eastern Europe in terms of M&A transactions, plus highlighted characteristic M&A trends in the food...
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Staying in the game
Date: 2011-09-20 00:58:03
Small and medium-sized retail enterprises have to compete with many others every day, in order to keep their customers. Consequently, it is great help for them if orders can be...
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Cross of Merit
Date: 2011-09-20 00:55:37
On 20 August Eszter Vágóné Balla, together with other two colleagues from Coop was decorated with the Gold Grade of the Cross of Merit of the Hungarian Republic. The CEO...
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Alföld Pro-Coop Zrt. strengthens its fresh product segment
Date: 2011-09-20 00:55:31
Domestic retail is stricken by economic difficulties, less money in consumers’ pockets and weakening purchasing power. Coop reacted to these trends by not surrendering: they carry on with the modernisation...
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Majority of Hungarians are not against receiving ads in e-mail
Date: 2011-09-20 00:53:23
Hungarians have a more favourable opinion of receiving online advertisements via e-mail than the European average – revealed a 55-countrey survey conducted by Nielsen. 58 percent of Hungarian participants said...
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Ladybird discount stores, Real, Tesco, Lidl…
Date: 2011-09-20 00:51:20
In the second quarter of 2010 51 percent of Polish consumers were of the opinion that their country’s economy was in a state of crisis – the European average was...
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Foreign trades shows pre-crisis characteristics
Date: 2011-09-20 00:49:54
In January-May 2011 the volume of Hungary’s foreign trade developed as follows: the volume of export augmented by 16 percent and import grew 14 percent from the same period in...
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More and more people buy in separate shops
Date: 2011-09-20 00:47:39
GfK Hungária conducted its annual nationwide survey on shopping malls. One third of the survey’s participants go to a shopping mall at least once a week and 31 percent visit...
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In Hungary FMCG product prices were up 5 percent on average
Date: 2011-09-20 00:46:56
In the second quarter of 2011 average prices in food retail rose by 5 percent if compared with the same period of 2010. The increase in the price of food,...
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Food prices are in the centre of attention
Date: 2011-09-20 00:43:10
In June 2011 the production price level of agricultural products was 35.3 percent higher than a year before. KSH’s report indicates that vegetable product prices surged by 46.7 percent and...
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Do we Hungarians also belong to the group of achievers?
Date: 2011-09-20 00:42:28
Is it true for us Hungarians what is true for one quarter of the world’s population, that our main motivation is financial well-being, position, power, ambition and our own interests?...
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Employment data look a bit better
Date: 2011-09-20 00:39:51
In the first six months of 2011 39,000 more people were working at enterprises employing a minimum of 5 people than in the first half of 2010. Together with them,...
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European pig prices are slowly increasing
Date: 2011-09-20 00:38:25
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that according to the estimation of the European Commission, 2 percent more pigs were...
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Body care for all ages
Date: 2011-09-19 23:50:22
Body care is a complex category that comprises accessories of bathing, skin care and beauty care. Consequently brands play an important role in the category as few take the risk...
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Both value and volume sales improved
Date: 2011-09-19 23:47:38
Body lotions bettered their market position: retail sales were up 9 percent in value and 5 percent in volume in January-June 2011. The category is 12th in the Nielsen ranking...
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Increased demand for pricier teas
Date: 2011-09-19 23:29:31
We buy more than HUF 13-billion worth of tea every year and retail sales augmented 2 percent in the December 2010-May 2011 period, while volume sales did not change –...
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Future in capsules
Date: 2011-09-19 23:27:34
Coffee is still in the top 5 food categories but according to Nielsen volume sales dropped by a couple of percent. Value sales did not change because increased raw coffee...
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Elevated coffee prices resulted in slower sales
Date: 2011-09-19 23:26:05
Coffee has the fifth biggest turnover among the 90 products measured by Nielsen. Annual retail sales amounted to HUF 47 billion. Value sales were stable in the December 2010-July 2011...
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Successful dairy snacks
Date: 2011-09-19 23:22:41
Data by Nielsen tell the story of stable sales on the cooled countline sweets, with túró rudi dominating. Dairy snacks represent one quarter of the market and the trend is...
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Demand kept growing for curd-filled bars in terms of value
Date: 2011-09-19 23:20:59
Cooled snack bars are the 11th most important among the 90 food categories measured by Nielsen, with annual sales nearing the HUF 27-billion threshold. In January-June 2011 value sales rose...
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Motivating programmes improve public health the most
Date: 2011-09-19 23:18:40
Budapest was the host of CAOBISCO’s (association of chocolate, biscuit and confectionery industries of the European Union) annual meeting and the following open roundtable discussion for members of the trade....
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