Market News

Report of the Internet economy

More than half of the population considered to be digitally scribe – shows the GKIeNET – T-Home’s representative research.   It’s very important for the economic and social competitiveness ,...

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Word of Mouth, as a marketing technique

Many small and medium businesses use Word of Mouth (WOM) and Word of Mouth Marketing (WOMM) to call the customer’s attention – write the Business and Success.   Word of...

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No virus in pork

Pork and other food products are not infectious. The flu virus is spreading by coughs and sneezes from one man to another – states the communication of the Hungarian Chamber...

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VAT reduction – cheaper bread and milk?

According to experts, the reduction of general sales tax on basic foodstuffs (VAT) does not take a significant price decrease.   The milk and bread’s turnover makes up the 10...

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GKI economic index fall stopped in April

After 9-month decline the economic climate index of GKI remained unchanged, the GKI Economic Research Co. pointed out that   According to the survey, the consumer expectations continued to deteriorate,...

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Bankruptcy record expected

Compared to the same period of 2008 the number of insolvent companies increased by 25 percent according to Coface Hungary’s most recent analysis of this year's first quarter.   Every...

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The virus is spreading

Human cases of swine flu A (H1N1) virus infection have been identified in the United States on 40 patients.  U.S. Secretary of State Hillary Clinton urged "caution" for anyone traveling...

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WHO – pandemic alert is on phase 4.

The WHO has raised the level of the swine influenza pandemic alert from the current phase 3 to phase 4. Phase 1 means: low risk of human cases, on the...

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Agriculture is less affected by the crisis than other sectors

All people need to eat, so there can not be a large decline in agriculture – Minister for Agriculture and Rural Development József Gráf said of the sector in relation...

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Support to farmers in advance

Farmers can take up the 20 % of the already been awarded but not yet paid agricultural and rural development supports, since 23rd of April as a support in advance...

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The Hungarian pork is virus-free

The Hungarian pork is safe for consumption in the animal health protection’s point of view, because the Hungarian pork plants has a closed production system – stated the Association of...

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Recycled drinking cartons

In four years Hungary has increased fivefold amount of the selectively collected and recycled milk and juice cartons.  This is a modern packaging without preservatives to protect the stored food...

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Ringier’s recordbraking 2008 result

The Swiss media group has achieved strong growth especially in the digital media areas.  Ringier which is present in 10 countries in Europe and Asia achieved 5,3 percent growth with...

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More social shops to open

Further 70 social shops which selling only Hungarian produced agricultural products will be expand.  Twenty-five Social shops are currently available. In May 70 further shops will be opened.  The ultimate...

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Swine-flu in Europe

A new strain of swine flu has killed at least 81 people in Mexico, according to WHO it was treating the outbreak as “a public health emergency of international concern”...

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A lack of skilled, young salespeople in Hungary

There would be a strong need for skilled employers in trade in Hungary, but currently the majority of salespeople are those who has been not accepted by higher institutions of...

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American saving money by buying cheaper brands and consider home-grown vegetables

More than half of the Americans asked – 57 percent – are trying to save money by buying cheaper brands, 23 percent gave up smoking while 25 percent switched to...

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25 percent VAT only helps black market

The Association of Food Manufacturers do not agree with the concept that only certain basic food products would belong to the middle-range, 18 percent VAT-category. The association has published an...

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Meat-industry associations do not agree with new VAT-laws

Goverment plans about VAT-changes are unacceptable and unfair, according to most associations in the meat industry.  They are convinced that certain products affected by the cut of VAT do not...

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Even „basic food products” may cost more from July

The new 18 percent VAT-rate to be introduced in July is not going to bring about significant changes when it comes to the actual prices of products: bread and milk...

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Hungarian customers are afraid of losing their workplaces, and the increase of credit and energy pr

While 31 percent of Hungarians involved in the survey are worried about workplaces in the first place, 22 percent of all citizens from 50 countries feel the same – a...

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Retail sales volume falling

Hungarian retail sales volume falls adjusted 3.2% in February. January-February sales volume was down 3.0% from the same period in 2008 – according to KSH's new data.  KSH's retail sales...

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Women are more likely to try new products

Special offers do not only attract female customers: in fact more than seventy-five percent of netsurfers above 18 prefer buying special offer products – VMR research by NRC Market Research...

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State Printing Company winning 66 million HUF for nanotechnological improvments

The 66 million HUF won by the State Printing Company is going to be spent on nanotechnological devices to fight agains the black market by recognizing false prints. „This new...

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The biggest hypermarkets offer more jobs

Even though most companies needed to decrease the number of their employees, Tesco has just announced that they are about to make 26 thousand new workplaces available worldwide, while Wal-Mart...

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Seminar about the marketing and packaging of pork

Picturing the Future of Pork is a seminar taking place on 3rd and 4th June in Paris, with a major focus on pork production packaging and marketing. Specialists from across...

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The end of recession in Hungary is still far ahead

The end of the recession is not to be seen in the near future, and weakening of forint may cause another wave of insolvence – a new analysis by the...

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People do more to preserve their health during the crisis

Customers appear to be more health-conscious throught the recession: people pay more attention to strenghtening their immune-system and trying to stay fit – says a new GfK LHS HealthCare research...

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Americans drink more since the crisis

People seem to drink more since the crisis: the USA sees a 1.4 percent increase in volume when it comes to alcoholic beverages – a new research by AC Nielsen...

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Coffee sells well, but roasters are not happy with the competition between retailers

German coffee roasters are increasing sales as the coffee culture becomes fashionable but a retail price war puts them under huge cost pressure, the head of Germany's coffee industry association....

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