Market News

The financial balance improves, but the GDP stagnates in 2009

The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that in the radically changed global economic environment the Hungarian economy takes a completely new path...

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The trade balance deteriorated

In September 2008, according to first estimates of Central Statistic Office, exports amounted to HUF 1,612 billion (EUR 6,724 million), while the value of imports reached HUF 1,576 billion (EUR...

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European Consumers Spill the Beans on Food Labelling

The study questions 17,300 people in France, Germany, Hungary, Poland, Sweden and the UK, both in supermarkets and at home, and finds on average 18% of Europeans (27% in UK,...

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Research – month to months more privat label products in the leaflets

According to GfK Hungaria the leaflets are since many years very popular.   The research company observs the leaflets of the retail sector since 2003, the biggest adviser are in...

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China Detains Suspect in Melamine Eggs Case

The owner of a Chinese feed factory suspected of adding melamine to its product which turned up in tainted eggs has been detained.  Chinese eggs came under the spotlight after...

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Expansions in Bosnia

According to reports in the Bosnian press, the local unit of Mercator plans to capture a 5% market share in the country by 2010.  Citing Director, Mensud Lagumdzija, the retailer...

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Export decreased in August

In August 2008, the export volume decreased by 7, while that of imports by 8 percent as compared to the same month in the previous year. The trade balance showed...

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8th Night of Hungarian AdEaters

The internationally acclaimed 'advertainment' show celebrate dover 350 of the finest, most amazing, artistic and creative TV & cinema advertising films from around the world! The show on 29th November...

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The better to now the consumer, the better to get the possibility to keep it

Kirowski and GfK Hungária organised a workshop about marketing and communication strategies in time of crisis.  On the exclusive workshop researchers, businessmen, ad agency people talk about handling with the...

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World exhibitions to arrive in Hungary

Europe’s most modern and highest standard event and exhibition center, where the most renowned international world exhibitions, trade fairs and tour events will take place, is going to be built...

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Companies recall 100,000 laptop battery packs

Computer makers are recalling 100,000 laptop battery packs made by Sony Corp. after 40 reports of overheating, according to a U.S. Consumer Product Safety Commission.  The voluntary recall applies to...

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Data mining seminarium

In times of crisis for many players of the market the survival is the goal, also for giant companies is important to keep their cliensts or to get new ones....

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Junk Food Ad Spend Down, but Moving Across UK Media

Junk food ads have been appearing less on British television, thanks to an April 2007 ban on ads that mislead nutritional value, encourage excessive food/beverage consumption, or otherise promote an...

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The most efficient Hungarian ads will be awarded

The 7th Effie competiton was organised by the Hungarian section of the International Advertising Association and the Association of Communication Agencies in Hungary. EFFIE award – globally famous award in...

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Dutch Supermarket Sales Expected To Grow

The new study said revenues are expected to grow to E789m in the week before Christmas, up from E737.6m last year.  During Christmas Supermarket sales during Christmas are expected to...

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(HU) Krízishelyzet az egri borvidéken

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EU mulls smoking ban in all work places

The European Commission is preparing a public consultation on a smoking ban in all work places, including bars and restaurants. The discussion is at very early stage and no legislative...

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Retail sales decreased

According to calendar adjusted data, the volume of retail sales decreased by 1.4% in August, and by 2.0% in the first eight months of 2008 compared to the same period...

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GKI lowers its forecast

Economic think tank GKI has lowered its projection for Hungary’s GDP growth to 2.0% from 2.7% for 2008, and to 0.5% from 3% for 2009.  The Hungarian economy will likely...

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Hungarian consumers care more about composition of food

According to Nielsen's research in 51 countries, 53% of the Hungarians look more on the label of the bought food as before.  20% of the Hungarians every time look on...

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Happy Christmas market in Jozsefvaros?

In the next days Hungarian government decides about the new rules on the markets and fairs. The reatailers advised that every sales place on the Asian markets should be numbered,...

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Next year less coffee on the market

In 2009 the world coffee market will swing to a deficit of up to 10 million bags in 2009, as demand outstrips production, according to The National Federation of Coffee...

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Galeries Lafayette Staff Continue Strike in Paris

Around 800 workers picketed the store on Friday and Saturday, in opposition of management plans to keep the store open later during the holiday season and special promotions.  The staff...

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Billa and SPAR Romania fined by Competition Council

The two companies have provided inaccurate information in a district investigation concerning the food products trade.  As reported by Planet Retail, Rewe-owned Billa and SPAR Romania have been fined by...

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Retail sales decreased

According to calendar adjusted data, the volume of retail sales decreased by 1.4% in August, and by 2.0% in the first eight months of 2008 compared to the same period...

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