Market News
Monopoly in the glass sector
Date: 2007-09-04 00:00:00
The European Commission said it was looking into allegations made by European Federation of Wine and Spirits Importers and Distributors, or EFWSID, that lack of competition in the glass bottle...
Read more
In a month we will know who can buy Kempinkski's 9,92% share from Budapest Municipality
Date: 2007-09-04 00:00:00
Until Friday's termin 3 offers arrived for the Kempinski Hotel Budapest's share, which has a nominal value in HUF 258 Million. The company ownes the Kempinski Hotel Corvinus Budapest, near...
Read more
Trade gap decrease
Date: 2007-09-03 00:00:00
According to Central Statistics Office the Hungary's H1 gap is by far the best in the past eight years. Hungary's trade gap widened by EUR 39 m in June to...
Read more
More than HUF 1 billion investment in Hungary
Date: 2007-09-03 00:00:00
Investments in the Hungarian economy dropped by 0.4% year on year in the second quarter of the year, against a rise of 0.8% in Q1, according to preliminary figures released...
Read more
American products were recall in China
Date: 2007-09-03 00:00:00
Accordingt to china's quarantine administration said its bureau has discovered harmful living organism in 10 batches of wooden packages from the United States among the total 70 batches sampled between...
Read more
No real estate tax in Hungary in 2008
Date: 2007-09-03 00:00:00
The Hungarian government will not introduce a real estate tax in January 2008, but talks between the governing coalition parties continue about the lowering the threshold for luxury tax. ...
Read more
Toys 'R' Us Recalls Chinese Art Sets
Date: 2007-09-03 00:00:00
Wayne-based Toys “R” Us Inc. and the U.S. Consumer Product Safety Commission said printed ink on the packaging of the Imaginarium Wooden Coloring Cases also contained lead. The 213-item set...
Read more
Statistically safer to eat at big-chain fast-food joints
Date: 2007-09-03 00:00:00
There are about 76 million cases of food-borne illness — ranging from an upset tummy to kidney failure and death — each year in the United States, according to estimates...
Read more
Hungary's Industrial Producer Prices Stagnated in the Summer
Date: 2007-08-31 00:00:00
According to KSH the domestic sales prices slightly rose by 0.1% in July 2007 compared to the previous month, and by 6.2% compared to July 2006. The export sales...
Read more
The biggest are the most optimist
Date: 2007-08-31 00:00:00
Ecostat TOP-100 index of business-activity rose to 103.4% in August, which meant a 3% rise compared to July's results. The index of business activity measured 80.4 % last August. Calculations...
Read more
EU asks food shops to act 'responsibly' on prices
Date: 2007-08-31 00:00:00
Europe's farm chief called on retailers not to make European Union's (EU) consumers pay excessively for staple foods such as bread and milk despite recent surges in international grain and...
Read more
Rotten Meat scandal in Germany
Date: 2007-08-30 00:00:00
The rotten meat would be sold for Turkish doner kebab restaurants. Authorities had confiscated more than 11 tons of beef and turkey meat at a company based in the southern...
Read more
In contempt of restrictions sales grew in hypermarkets
Date: 2007-08-30 00:00:00
According to annalist this is the year of discounters in the Hungarian retail. Nielsen datas show that the share of stores over 400 m2 grew with 2%, the 2500 m2...
Read more
Cold, but big business – eiscream
Date: 2007-08-30 00:00:00
Researcher Euromonitor figures that global ice cream sales are rising 2.5% annually and will hit $65 billion in 2010. Today, the $59 billion ice cream industry is dominated by two...
Read more
Wine producing regions reborn
Date: 2007-08-29 08:00:00
There are some wine regions in Hungary having worked out their regulatory system and marketing plan at regional level. Besides Eger and Tokaj the best and most recent exapmles are...
Read more
Well groomed body with well groomed brands
Date: 2007-08-29 08:00:00
Tanned and shiny skin is the trend again, if we believe what we see in the new segment of the body lotion category, where marketing activities increasingly focus on attractiveness....
Read more
No change in rankings according to purchasing power
Date: 2007-08-29 08:00:00
According to a recent survey by the GfK group, no major changes have taken place on the list of counties ranked according to purchasing power. Budapest and Győr-Moson-Sopron county are...
Read more
Spitzer wine boom in Hungary, bubbles go up again
Date: 2007-08-29 08:00:00
A typical Hungarian, or in broader sense, a Central-European drink is getting in fashion again, as a refreshing drink in summer time. There is a steadily increasing consuming group tends...
Read more
Young age groups over represented
Date: 2007-08-29 08:00:00
According to data from GfK Hungária ConsumerScan, 36 per cent of households purchased some type of body lotion in 2006. 3-4 strong households, those led by housewives not older than...
Read more
Consumers more optimistic
Date: 2007-08-29 08:00:00
According to the Consumer Confidence Index survey conducted by GfK Hungária and Corvinus University, the majority of the population is satisfied with its financial position and is optimistic regarding the...
Read more
Pre-packaged meat dominant
Date: 2007-08-29 08:00:00
Retail sales of meat products are growing. Nielsen market research has registered a growth of 8 per cent in terms of value, in compared to a year ago. For the...
Read more
Detergents double crossing
Date: 2007-08-29 08:00:00
Like in other categories, specialisation is the trend among detergents. Effectiveness, extra strength and the ability to be used on sensitive surfaces, like stainless steel are the key words today....
Read more
Habits and loyalty in choosing a store
Date: 2007-08-29 08:00:00
The majority of Hungarian consumers still visit stores of two or three chains regularly. According to the Nielsen ShopperTrends survey, most people prefer to buy items consumed on a daily...
Read more
Forced development in the market of meat products
Date: 2007-08-29 08:00:00
There is a noticeable shift taking place in the roles played by various categories of meat products. New ones keep appearing, while others disappear. High quality hams and the grill...
Read more
Specialised and convenience focused innovations
Date: 2007-08-29 08:00:00
Sales of household chemical and body care products can be boosted substantially by the introduction of innovative products. Specialised detergents are in high demand, for example. According to research by...
Read more
Expensive problems for retailers
Date: 2007-08-29 08:00:00
According to Mike Tallent, director of Pricewaterhouse Coopers, no company is immune to theft and fraud committed by employees. As one of their recent surveys shows, 60 per cent of...
Read more
Modern thirst quencher in modern stores
Date: 2007-08-29 08:00:00
Sport and energy drinks are among the most dynamically growing food categories. According to the Retail Index of Nielsen, retail sales have grown by 53 per cent in terms of...
Read more
Recharged continuously
Date: 2007-08-29 08:00:00
Buying batteries has become an everyday necessity. There has been a shift in the battery market towards rechargeable batteries, as these are much more economical to use. – The market...
Read more
Hungarian findings
Date: 2007-08-29 08:00:00
The most important findings of the survey by PricewaterhouseCoopers regarding Hungary are: • 25 per cent of the companies participating have become victims in the past two years. • Fraud,...
Read more
Energy for everybody!
Date: 2007-08-29 08:00:00
Energy drinks have lost their exclusivity, but this isn’t bad news for retailers, as quantities have been boosted. – Things have changed completely – says László Boros, sales director of...
Read more
