Market News
Committed to quality and unbroken customer confidence!
Date: 2009-05-05 08:00:00
Szikrai Borászati Kft. has been present in the market in its present form since 2004. Its owner and CEO, Tibor Sári and his team are committed to quality and reliability....
Read more
Euro zone slowing down as well
Date: 2009-05-05 08:00:00
GDP was down by 1.6 percent in the Euro zone countries in the last quarter of 2008, compared to the third quarter, which was more than the anticipated 1.5 percent...
Read more
Market share of PL mineral waters dropping
Date: 2009-05-05 08:00:00
Growth has stopped in the mineral water category. A drop of 2 percent in retail sales in terms of value was registered in the March 2008-February 2009 period, reducing the...
Read more
We are first in terms of insolvency in EU
Date: 2009-05-05 08:00:00
According to Zoltán Dercze, director of Coface Hungary, we have the highest percentage of insolvent companies inside the EU. One out of 24 companies existing in January, will not survive...
Read more
Mineral water brands looking for ideal price/profit ratio
Date: 2009-05-05 08:00:00
In spite of the recent drop in sales, the mineral water category still has potential for growth. However, closer co-operation with the retail sector is required to utilise this potential.....
Read more
Industrial statistics continue to worsen
Date: 2009-05-05 08:00:00
Industrial production was down by 25.4 percent in February 2009, compared to the same month in 2008 and by 4.1 percent compared to January 2009. As a result of a...
Read more
Decline in market of mineral water
Date: 2009-05-05 08:00:00
According to the GfK Hungária ConsumerScan, the market of mineral water showed decline both in terms of quantity and value last year. Sales were down by 5.1 percent in terms...
Read more
Milk price hitting bottom
Date: 2009-05-05 08:00:00
Supply prices of agricultural products were down by 27.4 percent in February 2009, compared to the same month in 2008. The price of plant products was down by 37.2 percent,...
Read more
Buying local products voluntarily
Date: 2009-05-05 08:00:00
Following many months of negotiations, a code of ethics has been signed by the representatives of retailers, farmers and processing enterprises which will become effective on 1. July. According to...
Read more
Faster than average growth in sales of insecticides
Date: 2009-05-05 08:00:00
The market of insecticides expanded by 11 percent in terms of value in the March 2008-February 2009 period, compared to the preceding 12 months, with retail sales exceeding HUF 3.5...
Read more
Volume of foreign trade down
Date: 2009-05-05 08:00:00
Export was down by 28 percent in January, compared to January 2008, while import was down by 27 percent. The balance of foreign trade showed a deficit of HUF 47...
Read more
Private labels on the offensive
Date: 2009-05-05 08:00:00
Private labels have been continuously increasing their share in retail sales for years. The assortment of private labels is widening and deepening at the same time. The perception of private...
Read more
Demand shifting towards insect repellents with lower environmental impact
Date: 2009-05-05 08:00:00
As long as insects will continue to exist, insect repellents will have a stable market. However, demand is shifting towards products which have a smaller impact on our environment. As...
Read more
Portugal in the forefront of growth
Date: 2009-05-05 08:00:00
Food retail has been developing at a remarkable rate in Portugal, which was second only to Poland in terms of quantitative growth last year. Sales of FMCG products grew by...
Read more
Conference about free time
Date: 2009-05-05 08:00:00
The average Hungarian consumer is a workaholic, working even in his/her free time, which means that free time has become more precious than money or commodities. According to the findings...
Read more
Mainly domestic chains advertising insecticides
Date: 2009-05-05 08:00:00
According to the GfK Leaflet Monitor, 450 advertisements of insecticides were published in leaflets circulated by retail chains in 2008. Only two of these were private labels. Domestic retail chains...
Read more
Nielsen reporting from London and Brussels: „Food relatively resistant to crisis”
Date: 2009-05-05 08:00:00
According to Jonathan Banks and Jean-Jacques Vandenheede from Nielsen, the number of purchases has begun to drop while demand is shifting from pleasant things towards necessary products. Everything is related...
Read more
SOS-stores selling cheap food in Belgrad
Date: 2009-05-05 08:00:00
Grocery store chains launched the so-called SOS-stores, grocery store for low-income individuals in Belgrad, Serbia. The outlet features prices 20-50% lower than regular retail rates. The freshly opened stores are...
Read more
Crisis management with efficient communication
Date: 2009-05-05 08:00:00
Crises undoubtedly shake the foundations of existing systems and lead to the appearance of better structures. Companies disappear or merge, and unusual solutions are invented, with the survivors benefiting from...
Read more
Inflation fastest in Latvia
Date: 2009-05-05 08:00:00
Consumer prices were up by 1.7 percent on average in the EU-27 countries in February 2009, compared to 2008. Inflation was slowest in Ireland and Portugal (0.1 percent) and fastest...
Read more
Negative self regard among the aged
Date: 2009-05-05 08:00:00
We were told at the Hungarian Consumer 50+ II conference held on 8. April, that people belonging to the 50+ generation in Hungary have an essentially negative regard of themselves...
Read more
Companies getting greener
Date: 2009-05-05 08:00:00
Regardless of the economic crisis, no company can afford to neglect the protection of our environment, because consumers are getting increasingly sensitive to such issues. – We spend a lot...
Read more
The “price of fear”
Date: 2009-05-05 08:00:00
According to cultural anthropologist László Bence Tarr, who regularly holds courses on stress management, it is a mistake to think that stress is an unavoidable feature of work, because stress...
Read more
Brands love mommy-bloggers
Date: 2009-05-05 08:00:00
Mommy-bloggers can easily become the big fishes of online marketing in the near future. As a matter of fact, mothers are top-consumers: they are responsible for $2.1 trillion of U.S....
Read more
Already huge CSR market still growing dynamically
Date: 2009-05-05 08:00:00
In the opinion of Éva Bitter, independent sales consultant, CSR is a new form of communication for FMCG companies which is still quite rarely used, but can be far more...
Read more
Ideal co-operation between manufactures and agencies IV. – You don’t have to believe everything!
Date: 2009-05-05 08:00:00
According to a survey conducted by Trade magazin and Promo Power Trade Marketing Agency, 78 percent of companies are sometimes forced to choose the cheapest merchandising service and 92 percent...
Read more
Fruit yoghurt among the biggest categories
Date: 2009-05-05 08:00:00
Yoghurt consumption was up by 5 percent last year, exceeding 66,000 tonnes in the March 2008-February 2009 period. Sales in terms of value exceeded HUF 35 billion, with a 10...
Read more
Another 40,000 unemployed
Date: 2009-05-05 08:00:00
The number of people in employment dropped to 3,790,000 in the December 2008-February 2009 period, while the number of unemployed rose to 378,000, which translates to an unemployment rate of...
Read more
Yoghurts for all occasions
Date: 2009-05-05 08:00:00
If protecting one’s health is affordable and this is communicated intensively, negative market trends can be defied. Yoghurt is probably the best example for this. Sales of yoghurt have risen...
Read more