Market News

The Great Wall of China may fall down before the Hungarian meat products

As the result of the Hungarian-Chinese Joint Committee of Economy China's gates may open before Hungarian meat products. One of the first winners may be Pick salami – reports Nők...

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The European Parliament's Environment Committee discussed about food labeling

The indication of nutrition information and the origin and location will be mandatory on food labels – among other things, the European Parliament's Environment Committee decided about these tasks. Energy,...

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Last year's German growth surpasses all expectations

The German economy has increased last year, surpassing all the expectations. According to the Federal Statistical Office; after the 4.7 percent decline of 2009, in 2010 GDP grew by 3.6...

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Commercials may be quieter from Autumn

The Media Council will give fines to the the broadcasters, which will play loudler commercials or television shopping programs, than the sourrounding programmes, from the Autumn. Currently, there is a...

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Read Trade magazin here right now!

The April issue of Trade magazin can be read here....

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The gift market has become more regulated

As of January 2011, several changes occurred in the personal income tax law, which also have an effect on business and promotional gifts. • Business gift: The value of a...

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Mobile shopping list, personal trainer and assistant

Every day new mobile phone applications are created to make shopping easier. Shopping lists can be compiled, barcodes can be scanned so that prices can be compared online. Allergy and...

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2020

In 2020 using telecommunication devices will be as natural fo15-year-old Mária and her girlfriends as speaking. While buying clothes they will be sending videos to each other, featuring the different...

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Once upon a time in the West?

At the end of February PricewaterhouseCoopers Kft. organised a roundtable discussion about the experiences regarding the first year of the law on the prohibition of unfair market conduct by retailers...

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Even more muscular performance from supermarkets in Austria

According to Nielsen Austria, in 2010 the nominal revenue of Austrian food stores was 1.5 percent higher than in the previous year, while the average price of food products and...

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The expected increase in turnover did not happen

Although they expected a better performance, retail sales in December 2010 were 1.7 percent lower than in the previous month and throughout 2010 they remained 2.3 percent below the level...

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Advices for job hunters

When is it time to look for a new job? Well, it is worth considering it if one keeps waking up around 3 or 4 o’clock in the morning with...

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Stylish business look

After purchasing the classic basic items, the little black dress, the crispy white blouse and the pencil skirt let us refresh our wardrobe with the trendiest shades of spring –...

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Food prices will increase in Hungary too

In the last couple of months food prices increased all over the world. Experts say prices have started to grow because demand for products with a higher added value has...

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Stable list of chains: Tesco, followed by two Hungarian chains

Nielsen's report highlights the trend that retail chains reacted in a flexible way to the speedy change of consuming and buying habits, and applied multi channel sales strategies. The rostrum...

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The merchants also pay product investigation fee

The food safety control system is before conversion. Trade partners should share the fees of the fees formerly paid by producers and processors. The government starts to convert the food...

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The Association of Conscious Consumers examined chocolate rabbits

None of the examined chocolate rabbits met the all of the conditions of the Association of Conscious Consumers. The Association of Conscious Consumers examined the chocolate rabbits in the Auchan,...

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Most people do not know the difference between expensive and cheap wines

The majority of wine drinkers do not know the difference between the poor quality cheap wines from the sixfold expensive, high-quality wines – presented researchers. The experts showed in their...

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More time is spent with job search

In 2010 both the number and the proportion of people employed was stable at the level of 2009, while the number and proportion of those unemployed continued to grow –...

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Furniture, equipment, design and lots of light

The EuroConcept section at EuroShop collected store furniture, lighting and selling area design manufacturers and designers. ITAB, a Swedish retail solutions provider was present with the biggest stand (1,600m²) of...

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The Hungarian winners

The first and only Hungarian winner at POPAI Global Awards was Béflex, with their NESCAFÉ Dolce Gusto coffeemaker display. From Nestlé’s side business manager János Fehér and category manager Gabriella...

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Smart store equipment

According to Gábor Szécsi, managing director of Commatec Kft. retailers have increasingly higher expectations even from simple cash registers. For instance they like if features of promotions can easily be...

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Canned meat and liver paté switch to more practical packaging

In 2010 the canned meat market contracted by nearly 20 percent, while long shelf-life liver spreads and patés saw their sales decrease by 10 percent – Erika Vörös, marketing manager...

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Value-crushing competition continues on the beer market

In 2010 more than three quarters of Hungarian households bought beer. Almost all of them purchased some kind of branded product, but at the same time nearly half of the...

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Eastern-European overview

PwC CEE’S Retail & Consumer (R&C) Industry Sector was asked to compare the retail sectors of a few countries in the region. None of the 4 countries introduced plans to...

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Who pays for the VAT decrease?

The Hungarian government is planning to decrease the VAT of certain food products. It is just a preliminary idea because the decision depends on impact studies – but we all...

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Media review

I often come across the question of measuring the efficiency of print media, especially when it is b2b like us. How much profit does a banner that is placed on...

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Food industrial associations call for the immediate reduction of VAT

According to domestic food industrial associations; the VAT reduction of the basic foods on the Hungarian market is inevitable. These are poultry, egg, pork, milk and bakery products. The effective...

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“Daphne” will be available in Hungary from mid-April

GfK Daphne helps advertisers to get more ROI from their marketing communication budget. From mid-April 2011, the system will be available for customers of GFK Hungária, too. To achieve best...

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