Market News
When customers ask for time
Date: 2008-05-21 08:00:00
This is the sixth occasion that we discuss the role of specific categories in specific retail units. This time, we’ll take a look at convenience products, which generally account for...
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New section established by agencies
Date: 2008-05-21 08:00:00
Trough the Line (TTL) is the name of the new section established within the Hungarian Advertising Association by László Vekkel (HPS Group), Zsolt Urbán (HD Group) and Tamás Tóth (Special...
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Spending on safe sunbathing
Date: 2008-05-21 08:00:00
Choosing the right sun lotion is extremely important and people are willing to pay more for sunbathing in safety than before. Unlike other cosmetic categories, the sales of more expensive...
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Food industry lagging behind
Date: 2008-05-21 08:00:00
Industrial production rose by 9.8 per cent in the February 2007 – February 2008 period. Industrial export was up by 15.5 per cent in February 2008, compared to the previous...
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Modelling: reduces risk, boosts chances of success
Date: 2008-05-21 08:00:00
How many customers am I going to lose by raising my price? How will a reduction in my competitor’s price effect my sales? Which promotional tool generates the biggest sales?...
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Functional Food and Drink Market before explosion
Date: 2008-05-21 00:00:00
Figures from Euromonitor show that sales of functional foods and drinks are expected to continue their strong growth over the next three years. Specialist said the increase will be more...
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Jungle fight for SMEs
Date: 2008-05-20 00:00:00
According to Coface Hungary and Uzlettars Business Magazin research, even the most dynamically developing SMEs suffer from the effects of the budget adjustment and the American subprime crisis. The two...
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Consumers in Europe demand more self-service
Date: 2008-05-20 00:00:00
The pressure is mounting on organizations to finally develop a multichannel strategy that leverages self-service at the point-of-service, online and mobile channels. The 2008 NCR Self-Service Consumer survey, conducted...
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Ascendant sactioning possibilities for Hungarian Customer Protection Authority
Date: 2008-05-19 00:00:00
Probably in June the Hungarian Parliament votes about the new, more rigid Consumer Protection Law. According to plans the penalties will be more higher (minimus HUF 30,000 – maximum...
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Orange and Peach are the most popular fruit juice
Date: 2008-05-19 00:00:00
According to Nielsen research company between Febuary 2007 and January 2008 the fruit juice market in Hungary grow by 1% in volume and 9% in value. The whole market is...
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Hungarians Drink the Traditional and Cheap Beer Brands
Date: 2008-05-16 00:00:00
The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%. Altough the raw material, producing costs and the tax increased faster as...
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Fake products on Jozsefvarosi market in value of HUF 18 million
Date: 2008-05-15 00:00:00
According to speakerman of Hungarian Customs and Finance Guard the specialist of the authority found 1100 pair of sportshoes, 800 clothes and more hunderd of sunglasses with fake brand sign....
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Americans eat a lot of GMO products
Date: 2008-05-15 00:00:00
Most packaged and processed foods do contain genetically modified ingredients, the labels don't have to say so. According to a recent CBS News/New York Times poll, 53 percent of Americans...
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Fast increase at food price
Date: 2008-05-15 00:00:00
In April 2008 consumer prices rose by 0.3% compared to the previous month and increased by 6.6% compared to April 2007. In the first four months of 2008 the...
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Industrial gross output increased in March
Date: 2008-05-15 00:00:00
According to Central Statistic Office the output grow by 1.9% compared to March 2007, the index adjusted by working days rose by 4.3%. The volume of the production was higher...
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The Balkans undergoing the most Dynamic Transition
Date: 2008-05-15 00:00:00
The international consumer survey SHOPPING MONITOR CEE 2008 has revealed the growing popularity of the modern retail formats, in particular hypermarkets and discount stores. The most popular chains are Tesco...
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New rules at tax stamps from July
Date: 2008-05-15 00:00:00
According the new regulation the tax stamps user have to give daily supply of data, so the authorithy can follow the produc from manufacturer to the retailer. The new tax...
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8-10% price increase at food products
Date: 2008-05-13 00:00:00
According to Federation of Hungarian Food Industries meat industry is at the bottom of food price growth because since last year meat industry couldn't make good the high feeding costs...
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Continous Disquisition about fake Hungarian Honey
Date: 2008-05-13 00:00:00
The tax and food safety authorities controlled 9 plant, 6 of them must be henceforward spyed. Enzymes and sugar were found in the mills.According to Miklos Suth general veterinary said...
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(HU) Gazdasági terhek és politikai viszályok lehetetlenítik el a vállalkozásokat
Date: 2008-05-09 00:00:00
...
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Small growth at Hungarian industrial output
Date: 2008-05-09 00:00:00
Hungary industrial output growth retreats to 4.3% yr/yr in March from 9.8% in Feb. According to Central Statistics Office (KSH) Hungary's industrial output decreased by 2.6% month on month (vs....
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In the face of price increase the buyer of cooking oil is stabil
Date: 2008-05-08 00:00:00
Last year July one liter cooking oil costed HUF 245, this year in February it grew by 65% and costs HUF 405. According to GfK Hungary's ConsumerScan research people bought...
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FruitVeb to Campagne for a more Fruit Taste World
Date: 2008-05-07 00:00:00
The Hungarian Fruit and Vegetable Product Organisation (FruitVeb) want to populize the Hungarian products in Hungary and abroad. The organisation has a HUF 70 million ad budget, the goal is...
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Entrepreneurs want cauntable business environment
Date: 2008-05-07 00:00:00
The Hungarian Economy is very ill – said Klara Perjes mayor of Gyula – on a business forum of the National Association of Entrepreneurs and Employers in Gyula. On this...
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Illegal alcohol plant in Hejokeresztur
Date: 2008-05-06 00:00:00
The employees of Hungarian Costum and Finance Guard found illegal alcohol and materials to make it in value of HUF 17 million. The family hous worked as an illegal alcohol...
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Retailers unhappy about Polish trading law
Date: 2008-05-06 00:00:00
The Act imposing tight limitations on large-area retail spaces with a surface area exceeding 400 square metres. IKEA has held back an overwhelming majority of its investments in Poland due...
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Domestic sales prices of the whole industry grew by 10.8%
Date: 2008-05-06 00:00:00
The highest monthly price increase occurred in manufacturing of refined petroleum products (2.6%) which was mainly due to the price rise of the world market prices of oil and oil...
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