Market News
SB Award: Superbrands Hungary is turning 7
Date: 2011-12-07 12:00:37
This was the seventh time independent jury members consisting of experts sat together in Hungary to list the best Hungarian products winning the title Superbrands and Business Superbrands. The prestious...
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Christmas preparations: we are getting more and more conscious
Date: 2011-12-06 18:04:27
The population is getting prepared for this year's Christmas in a rather modest way – a new survey carried out by Budapest Bank pointed out. The money spent on presents...
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How green are consumers really?
Date: 2011-12-06 17:35:02
When it comes to sustainable consumption, considerations of cost and use generally outweigh concern for the environment. However, in other areas, such as the national energy supply or waste disposal/recycling,...
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SzEK: the fifth of the annual online spending is during the Christmas season
Date: 2011-12-06 13:10:50
People purchasing for Christmas for an average of 14,000 forints on the web, spending the most online in the November-December period – told the Association for E-commerce Non-Profit Association (SzEK)...
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Turkey suspended the imports of Hungarian cattle
Date: 2011-12-06 13:00:25
Turkey has suspended the imports of Hungarian cattle – confirmed the information Wagenhoffer Zsombor, Executive Director of the Hungarian National Association of Hungarian Stockbreeders (MÁSZ). According to Wagenhoffer Zsombor, the...
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Foil producing can save the production of paprika
Date: 2011-12-06 12:58:53
The increasing awareness for PDO products and the growing spread of lead foil producing can result in an increase of pepper growing areas – was said at the Renaissance of...
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RSM DTM: The VAT traps of coupon purchasing
Date: 2011-12-06 12:55:06
On the domestic market of community shopping portals, that have a 3 to 3.5 billion net sales such services and products have starded to be distributed in the recent past,...
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The EU VAT system may be transformed
Date: 2011-12-06 12:35:19
The European Commission is trying to renew the obsolete European Union VAT system. Brussels proposed a reform on the EU VAT system. “More than 20 percent of the national incomes...
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Hungarians prefer to discuss health issues with the pharmacist
Date: 2011-12-06 10:32:57
Hungarians tend to discuss their health-problems with their pharmacist way more often than the European average would. Most people turn to the pharmacist for advice due to nasal congestion, cough,...
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Vitamin D needs to be substituted by healthy food
Date: 2011-12-06 09:13:47
Vitamin D’s big claim to fame was that it prevented rickets, a serious bone deformity that can affect kids and babies. Because vitamin D is not widespread in the food...
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The second half of the special dairy support payment has been started
Date: 2011-12-05 14:00:26
The Agriculture and Rural Development Agency (MVH) started to pay out the second half of this year's special dairy support. The affected dairy farmers can expect the support to their...
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Another 50 Chinese companies will debut in the Asia Center
Date: 2011-12-05 13:20:25
Another fifty Chinese companiey will debut in the next few days in the Asia Center (CBTC). The China Brand Trade Center started the work in June presenting the products of...
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Hipercom: Santa Claus in special offer leaflets
Date: 2011-12-05 13:04:43
It is not a surprise that a few days before the Day of Santa Claus, special offer leaflets have been filled with various seasonal candy offers. Hipercom's monitoring database examined...
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European retail sales increased
Date: 2011-12-05 13:00:51
Monthly retail sales increased both in the European Union and in the euro zone in October. On a monthly comparison, the volume of retail sales increased by 0.4 percent in...
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Magazine: Christmas time: things we spend our money on and things we can do without
Date: 2011-12-05 12:58:34
More than half of Hungarian households buy fondant candy during the Christmas season. Jelly versions have been the most popular for years and typically we buy our fondant candy pre-packaged...
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Vietnamese rain makes the coffee more expensive
Date: 2011-12-05 12:25:31
Coffee prices rose to their almost seven-week peak in London, after the traders worry that the rainy weather in Vietnam may cause difficulties in recharging the stocks – reports Bloomberg...
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Winegrowers will be able to sell more wine
Date: 2011-12-05 11:55:25
Starting from 1st January, winegrowers will have an easier time selling their products, as it will be a serious simplification that from now on, wine can be sold in the...
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Digital receipt
Date: 2011-12-05 02:20:49
With Christmas approaching more and more stores introduce digital receipts in the USA. At the checkout the cashier offers to send the receipt to the buyer via e-mail. Sears already...
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An early shopping fever broke out – to the delight of retailers
Date: 2011-12-05 02:18:34
NRF – the world’s biggest retail organisation surveyed 8,500 people and found that 51.4 percent of North American shoppers have already started buying Christmas presents. At the same time retailers...
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Retail companies spend the most on advertising
Date: 2011-12-05 02:11:07
According to Nielsen, in Germany the number of stores decreased by 1,100 from one year to another. On the 82 million-strong market there are 46,425 hyper- and supermarkets, discount stores...
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Life is getting costlier in Europe too
Date: 2011-12-05 02:04:49
In October Eurostat recorded a 3-percent inflation level – the same as in the previous month – in the euro area. The situation is worse in the EU-27 as the...
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Industrial price increase was less significant
Date: 2011-12-05 02:01:59
In September industrial production prices augmented by 3.3 percent from August. Domestic sales prices of the processing industries were 1.5 percent higher than in August. If compared with the same...
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Many dairy farmers quit
Date: 2011-12-05 01:49:02
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) reveal that the production price of raw milk was HUF 85.85/kg in September, up 1...
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The meat business is buzzing
Date: 2011-12-05 01:47:40
In September foreign trade continued to grow and KSH registered the year’s highest export level: export amounted to HUF 2,024 billion and import was in the value of HUF 1,809...
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Message from the shop floor: don’t forget to buy batteries for your devices!
Date: 2011-12-05 01:41:59
Zita Sebők, marketing manager of Energizer Magyarország Kft. told our magazine that the average shopper buys batteries every second month. Most of the time they choose products with familiar packaging,...
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More seasonal and more promotion-dependent wet condiments
Date: 2011-12-05 01:38:07
Nielsen data about the first half of 2011 indicate that so far there has not been a decline in demand for wet condiments. Kinga Vichor, Unilever Hungary’s dressings deployment assistant...
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Sales have become somewhat more concentrated
Date: 2011-12-05 01:29:23
Among dry condiments the mayonnaise category is the biggest, with annual sales above HUF 6 billion, according to Nielsen data for the September 2010-August 2011 period. Retail sales were up...
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Demand has shifted towards poultry wieners
Date: 2011-12-05 01:19:46
Wiener remains an important element on the New Year’s Eve table. Boglárka Grabant, marketing manager of Sága Foods told our magazine that in December 2010 wiener sales soared by 53...
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Wiener sales improved in terms of both value and volume
Date: 2011-12-05 01:12:10
November-December is wiener season indeed: last year 21 percent of total volume sales was realised in this period, just like a year before. According to the Nielsen Retail Index, retail...
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Dedication and the quality-oriented approach remain
Date: 2011-12-05 01:00:45
Jens Hillebrand was named Wiesbauer-Dunahús’ managing director early this year. He worked for the company for seven years under the leadership of Dr Endre Tamás, who taught him a lot....
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