Market News

A lack of skilled, young salespeople in Hungary

There would be a strong need for skilled employers in trade in Hungary, but currently the majority of salespeople are those who has been not accepted by higher institutions of...

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American saving money by buying cheaper brands and consider home-grown vegetables

More than half of the Americans asked – 57 percent – are trying to save money by buying cheaper brands, 23 percent gave up smoking while 25 percent switched to...

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25 percent VAT only helps black market

The Association of Food Manufacturers do not agree with the concept that only certain basic food products would belong to the middle-range, 18 percent VAT-category. The association has published an...

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Meat-industry associations do not agree with new VAT-laws

Goverment plans about VAT-changes are unacceptable and unfair, according to most associations in the meat industry.  They are convinced that certain products affected by the cut of VAT do not...

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Even „basic food products” may cost more from July

The new 18 percent VAT-rate to be introduced in July is not going to bring about significant changes when it comes to the actual prices of products: bread and milk...

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Hungarian customers are afraid of losing their workplaces, and the increase of credit and energy pr

While 31 percent of Hungarians involved in the survey are worried about workplaces in the first place, 22 percent of all citizens from 50 countries feel the same – a...

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Retail sales volume falling

Hungarian retail sales volume falls adjusted 3.2% in February. January-February sales volume was down 3.0% from the same period in 2008 – according to KSH's new data.  KSH's retail sales...

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Women are more likely to try new products

Special offers do not only attract female customers: in fact more than seventy-five percent of netsurfers above 18 prefer buying special offer products – VMR research by NRC Market Research...

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State Printing Company winning 66 million HUF for nanotechnological improvments

The 66 million HUF won by the State Printing Company is going to be spent on nanotechnological devices to fight agains the black market by recognizing false prints. „This new...

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The biggest hypermarkets offer more jobs

Even though most companies needed to decrease the number of their employees, Tesco has just announced that they are about to make 26 thousand new workplaces available worldwide, while Wal-Mart...

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Seminar about the marketing and packaging of pork

Picturing the Future of Pork is a seminar taking place on 3rd and 4th June in Paris, with a major focus on pork production packaging and marketing. Specialists from across...

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The end of recession in Hungary is still far ahead

The end of the recession is not to be seen in the near future, and weakening of forint may cause another wave of insolvence – a new analysis by the...

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People do more to preserve their health during the crisis

Customers appear to be more health-conscious throught the recession: people pay more attention to strenghtening their immune-system and trying to stay fit – says a new GfK LHS HealthCare research...

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Americans drink more since the crisis

People seem to drink more since the crisis: the USA sees a 1.4 percent increase in volume when it comes to alcoholic beverages – a new research by AC Nielsen...

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Coffee sells well, but roasters are not happy with the competition between retailers

German coffee roasters are increasing sales as the coffee culture becomes fashionable but a retail price war puts them under huge cost pressure, the head of Germany's coffee industry association....

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auction site on the market with free uploads

The seller doesn’t need to pay anything, there are no listing,-or commission payment costs – the operating manager of Eden-Design pointed out. According to operating manager Richárd Balogh, the portal ...

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Defining what is considered to be a Hungarian product is a shaky area

Not even the recently introduced Food Codex defines properly what is considered to be a Hungarian product and whether items made of Hungarian ingedients fall into this category or not...

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Children's taste is less sensitive to sweets, so they eat more chocolate

Whilst the sense organs are fully functional from birth onwards, perception is a matter of practice. Sensory tests at TTZ Bremerhaven have shown that other benchmarks apply for children than...

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A crisis-resistant marketing tradeshow

PROMOTION is a tradeshow organized by HUNGEXPO Ltd., introducing and promoting new, crisis-resistant and efficient marketing and communicational technologies and strategies. In spite of all doubts, recession may have a...

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Everyone in Europe consumes too much

If people switched more of their consumption from animal to plant-based food there would be a smaller impact on the environment.  A paper in the International Journal of Epidemiology by...

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Wine-producers afraid of changing rules of contribution fee

Wine-producers strongly disagree with the new plans affecting wine-laws, bringing about changes in the field of circulation-contribution fee.  The main goal of the contribution is to gather money for local...

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A growing interest in social shops, a new store in Miskolc

A new social shop has just opened in Miskolc, the nineteenth in the country already, where products come directly from the growers. Prices are lower than usual in these so...

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Hungarian Agraracademy last weekend

Representatives of Hungarian agriculture and food industry gathered for a two-day long program last week in Pápa.  According to József Gráf agricultural and rural development minister, 2010 is going to...

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Exxon Mobil overtakes Wal-Mart to top Fortune 500

Exxon Mobil Corp. unseated Wal-Mart Stores Inc. in the 2009 Fortune 500 list, shrugging off the oil price bubble and weathering what the magazine called the worst year ever for...

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Nearly one billion euro sales on the Romanian beer-market

The four multinational companies of the Romanian beer-market are closing a year with a nearly one billion euro sales – as announced in the Friday issue of Ziarul Financiar. Eighty...

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Domestic FMCG market turndown in Q4 in 2008 and in the first two months of 2009

Daily consumer-products value has rosen faster than inflation, yet in October when worldwide economic crisis had been announced, the market fell back with 3.7 percent – a survey called Commercial...

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Garantiqua raising guarantee limit to 90 percent

Garantiqa Hitelgarancia Ltd. has raised its guarantee limit from 80% to 90% for companies whose loans do not exceed their annual payroll costs, and the EU has accepted the company's...

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Lack of poultry-products on the Hungarian market

Deficiency may take shape in the next months when it comes to certain chicken products on the domestic market as inland demand for certain poultry meats is getting more and...

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Prices falling in Spain, too

Prices have been confirmed to have fallen in Spain for the first time in March, down by -0.1% in the annual IPC released by the INE, National Statistics Institute.  The...

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At least eight organic farmers a month are quitting their scemes

At least two organic farmers a week are leaving the movement as consumer demand for premium food stagnates and costs rise – according to The Guardian1s article, this tendency continues....

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