Market News

Even more bankruptcies in 2008

Although the total amount of liabilities in commerce is substantially higher than credit liabilities in the banking sector totalling HUF 6,500 billion, relatively few companies use the services offered by...

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Swedes also feeling the rising prices

The Lidl chain is attracting an increasing number of customers in Sweden. Nearly a quarter of Swedes visit a Lidl store at least once a month. According to the ShopperTrends...

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Teens like this

According to the Fanta Trend Report compiled by Bence Ságvári, Hungarian teenagers are exactly like their Western counterparts regarding their Internet usage. 94 per cent of 14-17 year old teenagers...

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Global low

According to the latest annual report by Euler Hermes, the number of bankruptcies rose by 5 per cent in 2007 and remained below the level seen in 2005 and before....

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War in Brussels

There is a trade war going on in Belgium, fought with methods and tricks just as ruthless as those used in real wars. As my luggage has been lost, I...

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Hot autumn after a hot summer?

It looks like agricultural producers are fed up with other people making all the profit. One by one, demonstrations have been held by producers of different fruits and the season...

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Factoring becoming popular

According to Gaszton Gál, general director of CIB Faktor Pénzügyi Szolgáltató Zrt, a boom occurs in factoring when conventional forms of financing show decline. – How has the factoring business...

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Summer moments

Marseille is not a very beautiful city, but it offers a chance to eat real bouillabaisse. However, bouillabaisse is not very simple to get, because so many different fish are...

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Big increase in yoghurt sales

According to the Retail Index of Nielsen, retail sales of yoghurt were up by 9 per cent in terms of quantity in the June 2007 – July 2008 period, compared...

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E-invoicing useful for everybody

Electronic invoicing had been regarded as a remote possibility by companies for a long time. However, it has become reality. Companies using electronic invoicing will soon find themselves making more...

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What is business intelligence good for?

Most companies spend days or weeks compiling data for background analysis which is required for business decisions. Results are far from being up to date or accurate, which means that...

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(HU) Egyre több a JÓFEJ

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Hungarians love pralines

According to Nielsen research the sales of praline grow by 16% in value and by 13% in volume.  The biggest segment is the non-alcoholic praline with 50% in sold volume....

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The onion farmers aren't satisfied

It was an excellent harvest, so the price is the half of the last years suppliers summe, only HUF 20-25. This rainy summer made bounteous harvest in Hungary, 20-25% more...

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(HU) Akkor fizetünk, ha nagyon muszáj

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In H1 we are spending more than HUF 50,000 on clothes

According to GfK Hungária Consumer Scope datas in first half of 2008 more families bought clothes, shoes and acsessories as a year before. Between January and June the Hungarian households...

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The volume of retail decreased

According to calendar adjusted data, the volume of retail sales decreased by 1.8% in July, and by 2.2% in the first seven months of 2008 compared to the same period...

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British Families Nearly Ł600 A Year Worse Off

In spite of an average Ł20 weekly increase in earnings, a typical British household had 7.4% less disposable income. A study says that an essential basket of weekly goods, including...

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Conference about the Teen Hungarian customer

It is the first case, that specialist make conference about the consumption of youth under 18, in Hungary. On 1. October marketing sages go to the Magyar Telekom headquater.  Teen...

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Growing demand on instant 3 in 1 coffee

According to Nielsen research comapany, the coffee consumption grow in value by 8% between August 2007 and July 2008. The total sales was HUF 46 billion.  Coffe is one of...

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EU seeks to boost food import controls

The aim is to “protect consumers, harmonise control methods and rules and also make sure that products entering Europe respect the same norms that we put on our producers. "We...

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54,000 children sick because of tainted milk

Milk powder laced with the industrial chemical melamine has led to nearly 13,000 Chinese infants being admitted to hospital, 104 in a serious condition with kidney stones and agonizing complications....

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Celebs help Children Food Service Foundation

On frame of„ Eating well week” several Hungarian celebs – from primadonna Marika Oszvald, to DJ Tibor Dévenyi – work in 9 restaurants in the capital. The partizipant pubs and...

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Big Brother's cafe watches you eat

$4.5 million Restaurant of the Future is run by scientists of Wageningen University and Research Center, working with Sodexo, an international catering firm, and the Noldus software company, to answer...

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