Market News
Independent profession at last
Date: 2008-02-01 08:00:00
The Association of Hungarian Event Organisers was established in 1992, and has over 105 members at present. However, this activity was only issued a TEÁOR registration number of its own...
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Eventful end for the year in the market of sweets
Date: 2008-02-01 08:00:00
Austerity measures do not seem to have had much effect in the market of sweets, with supply showing dynamic growth. The expanded assortments of Bonbonetti Choco Kft., Nestlé Hungária Kft....
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Not enough POS accept cards
Date: 2008-02-01 08:00:00
According to a survey conducted for MasterCard®, significant changes have taken place in the way we use debit cards, in the last five years. While only 31 per cent of...
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Choosing gifts
Date: 2008-02-01 08:00:00
Choosing gifts is not an easy task because we intend to make two people happy. We want to make ourselves happy by giving something we feel is special and we...
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Billboard companies joining forces
Date: 2008-02-01 08:00:00
A strategic alliance has been formed by six advertising companies at the end of November. The companies which provide outdoor advertising services intend to co-ordinate their efforts in serving clients....
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Food prices going up
Date: 2008-02-01 08:00:00
The average increase in consumer price was 0,6 per cent in November 2007. Prices showed a year on year increase of 7,1 per cent. According to a KSH report, prices...
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Football European Cup: + EUR 1,4 billion
Date: 2008-02-01 08:00:00
According to a survey prepared for MasterCard, the 2008 football European Cup may yield a profit of EUR 1,4 billion for the economy of the continent. Each of the games...
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Goose less popular
Date: 2008-02-01 08:00:00
The Agricultural Business Research Institute (AKI) monitors the trends in the world markets of poultry and meat. Data from the Market and Price Information System KSH and AKI can be...
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Search engine for small enterprises.
Date: 2008-02-01 08:00:00
Google has made its Individual search engine internationally available. The Individual search engine is a simple and cost-effective means for small enterprises and other organisations to accommodate the Google search...
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Shrinking deficit, slow growth
Date: 2008-02-01 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, both the external and internal balance of the Hungarian economy will show more than expected improvement this year, but...
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Creditworthiness in decline
Date: 2008-02-01 08:00:00
According to an analysis prepared by Coface Hungary, the number of insolvency procedures increased by 24 per cent last year, which means that 3.7 per cent of businesses had become...
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Dermatologist in the West, TV in the East
Date: 2008-02-01 08:00:00
According to data from a survey conducted by GfK Roper, four people out of ten are satisfied with the way they look world-wide and in Hungary, as well. The survey...
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Black tea losing ground
Date: 2008-02-01 08:00:00
Tea sales have been growing for years. According to Nielsen data, the market expanded by 9 per cent in terms of value in the December 2006 – November 2007 period,...
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HUF “in the pilow”
Date: 2008-02-01 08:00:00
Investors have generally become more cautious world-wide – summed up Ákos Kozák, managing director, the findings of the survey “Investment Barometer” prepared by the Gfk Group for the The Wall...
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Black tea continues to fade in the market
Date: 2008-02-01 08:00:00
The market of tea is becoming increasingly colourful. Owing to the rapid changes in tea culture, green, herbal and fruit teas are challenging the once dominant black tea. Black tea...
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Budapest hotels: below average
Date: 2008-02-01 08:00:00
Commercial places of accommodation generated total gross revenues of HUF 209 billion in the January-October 2007 period, which is 4 per cent up, compared to the same period in 2006....
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Market of detergents above HUF 20 billion
Date: 2008-02-01 08:00:00
Retail sales of household detergents show continuous increase and have exceeded HUF 20 billion. Overall growth amounted to 4 per cent in the November 2006–October 2007 period. Sales of washing...
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Still minuses
Date: 2008-02-01 08:00:00
Retail turnover continued to shrink in October 2007. According to KSH data, sales were 2,7 per cent down in the first ten months of 2007, compared to the same period...
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Scented and no stains
Date: 2008-02-01 08:00:00
The market of detergents shows continuous growth and innovation. Drugstores are still the places where most consumers go when looking for innovations. Consumers have less time to spend cleaning things...
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Hungarians are child-centred in bio
Date: 2008-02-01 08:00:00
According to a Nielsen survey conducted among Internet users in 46 countries, the most popular bio foods in Hungary are fruits, vegetables and eggs, like in the EU. While almost...
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Extraordinary snapshot – domestic food industry in 2007
Date: 2008-02-01 08:00:00
The well known and grave problems of the Hungarian food industry continued to exist in 2007 and no major positive breakthrough took place. Domestic purchasing power is in decline, while...
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Frost makes apple expensive
Date: 2008-02-01 08:00:00
The average price of agricultural produce was up by 34,4 per cent in October compared to the same period in 2006. According to KSH data, the average price of plant...
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Has been better – will be better?
Date: 2008-02-01 08:00:00
Regarding last year, everybody agrees that it has been a difficult period and it’s far from being over. As a result of austerity measures, purchasing power and sales dropped, while...
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Food production in decline
Date: 2008-02-01 08:00:00
Industrial production was up by 5,9 per cent in October 2007 compared to the same month in 2006. According to KSH data, the volume of production was 8,6 per cent...
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Difficult year behind and ahead of us
Date: 2008-02-01 08:00:00
Last year was a difficult one as a result of austerity measures and decreasing purchasing power. Though exact figures are not available yet, the end of the year shopping frenzy...
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A European bronze for Belgium in discount stores
Date: 2008-02-01 08:00:00
There are only 8,000 food stores in Belgium which has a population equal in size to that of Hungary, where we have over 20,000. According to a Nielsen survey, even...
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Two giants battle in Hungary as well
Date: 2008-02-01 08:00:00
Two giants and gigantic competition. The battlefield is Europe and to some extent, the whole world. Aldi is present in ten countries in Europe, but it also has stores in...
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Bitter-sweet Belgian praline
Date: 2008-02-01 08:00:00
The Belgian GDP is USD 38,000 and economic growth is 3-5 per cent, but they have their problems too. Theoretically, the Walloons and the Flemish should live together in harmony....
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Action Plan against fake products made in China
Date: 2008-02-01 00:00:00
The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...
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18% increase at Visa Hungary
Date: 2008-02-01 00:00:00
Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...
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