Market News

Mothers mobilised via the Internet

Despite the recession, the baby category is solid in terms of both value and volume, since major indicators hardly changed compared to previous years. Creams, wet wipes and private labels...

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The business potential of co-operation

Communicating restrictive measures to employees in the way management wants these to be interpreted is a major problem all over the world. It was a mystery for the top management...

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Coffee accessories going natural

According to Rita Habuda-Salyámosy, the managing director of Maresi Foodboker Kft., coffee whiteners are only used by a part of coffee drinkers. The share of discounts and private labels rose...

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Consumers look for more economical sources of energy

A modest restructuring is taking place on the battery market, alkaline and Zinc coal batteries play the leading roles. Private labels’ expansion and novelties push the category forward. We find...

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Network research answers the following questions of leaders

Which colleagues should I select to be members of a winning team? • How can new colleagues be made part of the team more easily – so that they would...

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Sales growth of instant 3in1 coffees drawn to a halt

Despite that most Hungarian consumers buy ground roasted coffee, the segment continues to show a negative trend. According to data by GfK’s ConsumerScan, ground roasted coffee sales were down by...

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Wages are stagnating

At enterprises with a minimum of five employees and at budgetary institutions, gross average wages improved by 1.3 percent and net average wages increased by 1 percent in the first...

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Using modern technology

Pannon Kávé Kft. rents out and operates coffee making machines and beverage vending machines. Managing director László Lőrincz says that the crisis caused a setback in both the Horeca and...

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Decreasing production, subdued prices

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that shrinking consumption directly affects the processing industry and...

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Price/value ratio plays the leading role on the fondant candy market

This year’s fondant candy season may bring significant price increase. Both base material and energy prices increased, affecting branded products and private labels alike. Volume sales are practically guaranteed to...

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Dwindling pessimism

According to predictions by GKI, made in cooperation with Erste Bank, the Hungarian economy’s performance probably reached its nadir this summer. External balance is radically improving, while internal balance meets...

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Customers are looking for actions and visiting shops rarely

According to Nielsen market research company; consumers are visiting shops rarely; more and more people are looking for cheaper goods and discount shopping opportunities. The growth of the popularity of...

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London and New York in the lead, Budapest is the 74th in the ranking of business centers

London and New York remain the most competitive business centers of the world. The score of Budapest has improved, but its ranking became worse, due to the improvement of the...

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FAO: in the next 40 years, 70 percent more food will be need

According to United Nation’s Food and Agriculture Organization (FAO); Seventy percent more food should be produced worldwide, until 2050. The FAO expects that the global population is expected to grow...

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The first “Pannon Wheat Quality” certificate was handed over

The “Pannonian wheat” trade mark was established in July, by the National Association of Cereal Producers (GOSZ), to indicate the extra quality wheat. The first certificate was given to the...

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Stock orders in the euro area are over expectations

According to the report of Eurostat, the new industrial orders of the euro zone increased in July, surpassing expectations, that shows a recovery in activity and the easing of recession....

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The situation of dairy producers has improved a bit

According to the latest report of Agricultural Economics Research Institute (AKI); In August, for the first time this year, even if a very small extent, but the domestic milk prices...

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Christmas shopping already started

It is just the end of the summer, but chains are preparing for Christmas, due to the economic crisis and under the pressure of the changing consumer habits. The latest...

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GKI economic forecast for 2009-2010

According to the summer data of GKI Economic Research company, the greatest economic crisis of the last 70 years has ended. However, the magnitude and the sustainability of improvement are...

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Retail declines from every point of views

In July, the retail sales fell by 2.2 percent compared to June. Compared to July 2008, by 6.6 percent. In the first seven months of 2009 a 3.7 percent decrease...

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Face analyzer program for commercial purposes

The software is suitable for the analysis of consumer behavior, research for marketing renewal and the precise targeting of target groups. The new technology is able for the support proactive...

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Seventeen and a half billion HUF for small and medium-sized enterprises

The National Development Agency will announce the second time this year, the Economic Development Operational Program, and the Central Hungary Operational Program applications for the development of technological basis of...

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Retail sales can be expanded by 20 to 44 -year-olds

According to the new analysis of Research and Markets, Irish market research company; Hungarian retail sales turnover may expand by 13 percent between 2008 and 2013. According to the company’s...

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Széchenyi: Hungary will be

The 120 thousandth Széchenyi card was ceremonially handed over. This high number also shows that appropriate means should vote in confidence, to the Hungarian companies. Up to date, outsourcing capital...

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According to the Chamber of Agriculture; the crisis widened

There's a big problem in agriculture: the economic crisis now really reached the industry, which is compounded by the almost a complete shutdown of credit and a full product depression...

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Váci Street slipped back in the rankings

According to a recent analysis; New York's Fifth Avenue remained the most expensive shopping mall in the world. Váci Street of Budapest slipped back four places in the rankings. New...

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Growing numbers of bankrupting meat companies

More than a hundred meat companies’ liquidation was started in August. Since last October, more and more larger companies are wound up, leaving a growing number of unemployed and unpaid...

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Individual companies can be established from January

New company types, limited or unlimited liability individual firms will be introduce by the proposal of the Ministry of Finance, which is available on the website of the Parliament. From...

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Point collecting cards become more popular

The declining consumption due to the crisis, started an expansion on the market, of point collecting and loyalty cards. A number of smaller companies have also ventured into the point...

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Discount actions in Slovakian stores

In the autumn the Slovakian chains’ struggle for costumers becomes more acute of this year. More and more stores are offering discounts; up to 50 percent, or well-known “pay two,...

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