Market News

The needless wheat will be transformed into bio-ethanol

Due to the oversupply, wheat became cheap. In Europe, one part of the wheat will be transformed into bio-ethanol. The demand for bio-ethanol increases in the EU. The using of...

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The European Commission will help dairy farmers

The European Commission proposes new measures to help dairy producers – announced Mariann Fischer Boel, Commissioner for Agriculture and Rural Development in Brussels. Meanwhile, the European Parliament calls for more...

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The world's most valuable brands

The Interbrand this year, also compiled a list of the world's most valuable brands. The composition of the top ten has not changed much, but consumers because of the economic...

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The renaissance of mobile shops

While the number of small businesses continue to decrease, more than five hundred mobile shops entered the market until the end of August. The house suppliers have already appeared in...

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Coffee and soft drinks can keep the customers

According to a survey, it is easier to retain customers for those service providers, who gave a cup of coffee or mineral water to them. In Hungary, however, unlike abroad,...

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Hungarians love fruit yogurt

According to Nielsen’s Retail Index The domestic consumption of yogurt has increased by 5 percent from one year to another and in the period between September 2008 and August 2009,...

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According to Csányi Sándor; the meat industry struggling for survival

The Hungarian food industry is in crisis. A lot of historical participants struggle for survival, or even lost the fight – said Csányi Sándor, owner of Pick Szeged Zrt. on...

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Székelyföld preparing to conquer Hungary

For the initiative of the County Council Harghita and Covasna Counties, a trademark has been registered to differentiate the Székely products and would give an impetus to the foreign, and...

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Sixteen percent increase in the number of online shoppers in a year

According to the joint survey of KutatóCentrum and Mai Piac; Beside the increase in Internet penetration, the expansion in the number of e-customers and the frequency of purchases also showed...

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British retail sales did not increase

Contrary to expectations, August retail sales stagnated in England, after the customers held back their consumption, because of the rising unemployment rate. The retail trade has stagnated in August, after...

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Increasing Russian meat production

In recent months, despite the financial and economic crisis, the Russian meat sector became much stronger and imports suppressed. Living meat production was 4.07 million tonnes, which is 5.9 percent...

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The signation of the new advertising ethics code

From the 30th September the new Code of Hungarian advertising ethics will come into force, with expanded content, renewed in structure and signed by 26 organizations on 16th September. The...

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The Hungarian companies’ losings are over five percent

According to Direktinfo Kft.; the losings of the Hungarian companies increased over five percent, compared to last year’s average, one and a half percent loss. A significant part of the...

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Domestic markets are in transition

The editors of Event Manager and O | G | H – Open Gates Hungary Ltd. carried out a survey at the beginning of the autumn season, in the areas...

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Community Wine Campaign will start

Hungarian Wine Marketing Kht. Launches a nation wide image campaign, in order to promote Hungarian wines in mid-September. The campaign is produced by the Action-NXS advertising company. Its slogan is...

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Great demand for own branded products in the U.S. and New Zealand

Recession significantly changed the eating habits of the citizens of New Zealand and U.S.A. More and more people purchase sensible and economical, while fewer and fewer choose to takeaway meals....

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The agricultural sector is in competition handicap

According to the study of Agricultural Economics Research Institute (AKI); The Hungarian agricultural enterprises – especially the small and medium ones – can get loans with an extra 5-8 percent...

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U.S. Retail is in progress

The U.S. retail sector sales produced the highest increase of the past three and a half years in August. The total retail sales increased by 2.7 percent instead of the...

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Low point of wheat

The price of wheat, has not been so low since April 2007, as it is now. The volume of production was increased by favorable weather conditions in the United States,...

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German economic sentiment is under expectations

The German ZEW economic sentiment index increased to 57.7 points in September from the 56.1 points of August. Sixty points were expected. According to ZEW Institute of Economic Research, the...

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More and more people buy online with card

Slowly, but the caution of the Hungarian cardholders shopping online, is getting soluble. According to MasterCard's home study, 8 percent of the respondents regularly use card to purchase on the...

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Supermarkets increased market share

According to GfK Hungária Market Research Institute supermarkets have continued to increased their market share, over the past nearly one year. Real winners of the the last one year, were...

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Coffee is more popular than chocolate and mineral water

According to Nielsen market research company’s latest research, retail coffee sales increased 5 percent compared to the same period the previous year, between the August 2008 and July 2009 period....

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Food prices decreased significantly in a month

According to the Central Statistical Office (KSH); the monthly average retail price decreased 0.3 percent in August. Compared to the August 2008, the prices increased by 5 percent. In the...

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Budapest malls handing over ceremonies postponed for next year

According to the analysis of GVA Robertson, only one shopping mall will be handed over this year in Budapest. The furter four, will be handed over next year. The decline...

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American consumers became more optimistic

The consumer sentiment index of the University of Michigan has improved in September. The middle month index jumped to 70.2 points, after the 65.7 points, measured at the end of...

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Frozen vegetables are better

According to a new research; one can save more money and even live healthier, during the winter months, if eating frozen vegetables rather than choose from the frozen import goods....

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Grape harvest on Tokaj-Hegyalja

The grape harvest on Tokaj-Hegyalja has been started with the harvest of the muscat grape, which is the earliest exposure grape. On the historic wine region, about 35 thousand tonnes...

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It will be hard to get support from the Ministry of Agriculture

Next year state support for agriculture will decrease with 47 billion HUF and rural development will get 5 billion HUF less. All sources supplemented with EU aid will be less:...

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The premium meat products represents the future

Most of the Hungarian meat processing companies are almost in a hopeless position: the crisis has been further aggravated the condition of the already struggling under-resourced sector. The companies receive...

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