Market News
We buy more cheese and mineral water
Date: 2010-05-03 00:01:50
According to Nielsen market research company; between April 2009 and March 2010, food retail sales declined by 1 percent in value and 3 percent in volume. In value, retail sales...
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GKI: The export and the industry are growing
Date: 2010-05-03 00:01:38
The joint forecast of the GKI Economic Research Co. and Erste Bank expect stagnation from the Hungarian economy in 2010. This year's economic processes will be determined by development in...
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There was no less contaminated food ten years ago
Date: 2010-05-03 00:00:50
Over the past weeks, several super-and hypermarkets traded food was found to contain harmful substances, which can cause sepsis, meningitis, or cancer. According to experts; there was no less contaminated...
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The U.S. economy caused disappointment, but there is still hope
Date: 2010-05-03 00:00:40
The U.S. economy increased by only 3.2 percent in in the first quarter, while the Commerce Department's report is encouraging. Encouraging sign that consumption increased by 3.6 percent, more than...
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There will be no VAT increase in Romania
Date: 2010-05-03 00:00:10
The Romanian Minister of Finance denied the rumors, that the Romanian authorities will increase the VAT, by 19 percent. However they are investigating the possibility of extending the tax base....
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Consumption in the CEE region: the Hungarians pulled on their belts
Date: 2010-04-30 00:01:33
RegioPlan Consulting experienced moderately increased consumption expenditure, in some countries, and stagnation or slight decline in others in the ten tested eastern and southern European countries in 2009. Although both...
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The Hungarian economy increased minimally in April
Date: 2010-04-30 00:01:20
The common indicator of Világgazdaság and Ecostat, the acceleration index (GYIA) increased by 0.08 percent in April compared to the previous month. This data is worse than previous month’s datas....
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Consumer groups: GVH strenghtens its actions
Date: 2010-04-30 00:01:00
According to the statement of GVH; the Competition Authority (GVH) will make stronger actions against businesses, that are organizing consumer groups. The Economic Competition Authority banned two firms – the...
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Good and bad news from Tokaj
Date: 2010-04-30 00:00:30
Costco, one of the largest U.S. supermarket chain will distribute Tokaji Aszú wines for ten years. Costco contracted with Tokaj Trading Co. to pay an annual 2.5 million USD for...
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Positive list of the Four Paws
Date: 2010-04-30 00:00:20
The Austrian animal rights organization the Four Paws took the Hungarian poultry producers who have undertaken not to apply technologies related to animal torture onto the positive list. The organization...
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The winning three: quality, price and choice
Date: 2010-04-29 00:01:33
According to the “Shopping Monitor 2009/2010” study of GfK Hungária Market Research Company; The most important criterias in the choosing of shops are: quality of freshness and price. The types...
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Yogurt was the star of last year
Date: 2010-04-29 00:01:10
According to the retail datas of the MEMRB Market Research Bureau; Yoghurt products were able to achieve outstanding growth last year. From 2008 to 2009 the FMCG market grew nearly...
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Unemployment close to 12 percent
Date: 2010-04-29 00:01:05
According to the Central Statistical Office; in the first quarter, unemployment continued to increase. The number of unemployed persons was 498 thousand, which means a 11.8 percent unemployment rate. In...
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The Slovakian Parliament authorizes the Tokaj name
Date: 2010-04-29 00:00:40
In the Slovakian part of the Tokaj wine region, the Tokaj name can be used again, from the 1st of June – decided the parliament in Pozsony on Tuesday. Last...
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At least the agriculture and food industry are looking for workers
Date: 2010-04-28 00:01:20
According to the datas of the Workania.hu job portal; in 2009, the number of those who were looking for jobs increased by 4.5 percent, while 28 percent less jobs were...
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U.S. consumers are very confident
Date: 2010-04-28 00:00:47
Consumer confidence in the U.S shows a spectacular improvement: in April, the Conference Board's confidence index rose up to 57.9 points from the 52.3 points of March. The market expects...
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Red wine against stroke
Date: 2010-04-28 00:00:20
Red wine consumption in the case of stroke reduces the rate of brain damage – at least this is the conclusion reached by the researchers of the U.S. Johns Hopkins...
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Customer confidence needs to be strenthened (X)
Date: 2010-04-28 00:00:00
Originality-and quality check of food products is necessary. )Since the 2006 scandal, illegal trading with vehicle components has become more common instead of abuses with highly protected vehicle documents. The...
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Soproni Blaufrankisch united
Date: 2010-04-27 08:00:00
Sopron region wineries established Hungary’s first collective wine trading company, Soproni Kékfrankos Kft. The company’s assortment is made up of 28 excellent wines from 15 Sopron wineries, alongside the famous...
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Choosing a store and shopping decisions in front of the shelf
Date: 2010-04-27 08:00:00
Nielsen’s new ShopperTrends survey revealed that a wide selection of products, a good price-value ratio and good quality are the most important competitive advantages for a retail chain, but domestic-owned...
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Minor growth in the processing industry
Date: 2010-04-27 08:00:00
In January 2010, industrial domestic sales prices were 1.8 percent higher in comparison with the previous month and 1.6 percent higher in comparison with January 2009. Domestic sales prices by...
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Teflon paint
Date: 2010-04-27 08:00:00
There is a negative sentiment on the Hungarian paint market. One way out of the crisis is innovation – said Antal Szabó, managing director of Poli-Farbe Vegyipari Kft. when introducing...
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‘Fair share’ is the most effective
Date: 2010-04-27 08:00:00
Many FMCG manufacturing companies carry out in-store surveys themselves, but these prove to be less efficient than they expect. My experience is that many decision-makers need complex systems that fit...
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Deficit in retail
Date: 2010-04-27 08:00:00
In terms of volume, retail sales were 5.6 percent lower in January 2010 than in the same period the previous year. Retail sales were up by 0.6 percent in January...
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Ranking of retail chains stays the same: Tesco leads, followed by two Hungarian chains
Date: 2010-04-27 08:00:00
Nielsen’s 2009 ranking shows that Tesco is the food and chemical product retailer with the highest turnover, followed by CBA and Coop. Just like a year earlier, Spar and Reál...
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Focusing on customers inside and outside of the store
Date: 2010-04-27 08:00:00
The space outside the store talks to us, it communicates. Walls, giant posters and citylights attract our gaze. People find hyper- and supermarkets very easily, there are signs all over...
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A decrease in prices dragged Slovakian turnover down
Date: 2010-04-27 08:00:00
According to Lucie Hrusová, communications and customer relations director of Nielsen Czech Republic the turnover of hypermarkets in Slovakia fell in terms of both value and volume last year. Discount...
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The several-year shrinking of the store network stopped last year
Date: 2010-04-27 08:00:00
Last year Nielsen registered 19,900 general food stores in Hungary, practically just as many as a year earlier. The number of hypermarkets rose from 137 to 152, while the 401-500...
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Shelf rail came alive
Date: 2010-04-27 08:00:00
Innovation plays an ever-increasing role inside the stores too. As the result of cooperation between Toshiba Tec, CBA and Szintézis, in August 2009 electronic shelf rails were installed in Veszprém’s...
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Facts and misbeliefs about our trade with Slovakia
Date: 2010-04-27 08:00:00
Slovakia is the 5th biggest target market of our agricultural export, but it is also one of our top five import markets. Among the countries of the Visegrád Group, Slovakia...
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