Market News

Sponsoring helps brands to overcome background noise

Sponsoring allows a brand and a program to be linked in a creative way, according to Krisztián Kovács, sales director of TV2. Sponsoring is an important part of their integrated...

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Entities liable to pay environmental charge:

– first distributor of product, in case of domestic production, or entity using it for its own purposes; – first domestic distributor of product, in case of import from EU,...

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Yoghurt consumed in over three-quarter of households

According to data from the ConsumerScan of GfK Hungária, 8 out of 10 Hungarian households bought yoghurt in 2007. Though total sales grew somewhat as a result of the 9...

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Advertising in stores

It has many names: POS, POP, in store, POP communication etc. , but we all know what it is about: reaching consumers in the stores. This is becoming increasingly important...

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Tax return changing

As of 1. January, annual returns concerning the environmental charge were replaced by monthly, or quarterly returns, depending on how VAT returns are submitted by the taxpayer....

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Liberalisation Set To Revolutionise French Retailing

The new law would allow supermarkets of up to 1000sqm to open anywhere they wanted.  Until now, petits commerçants – or small shop owners – have been protected by a...

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Tesco Starts Trial Of Carbon Footprint Labels

The retailer is piloting carbon labelling across 20 of its own label products. There isn't consensus about every piece of data among the specialists.  Tesco will telling customers about the...

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Enterpreneurs' Forum in Debrecenben

The National Association of Enterpreneurs and Employers organises forums between the enterpreneurs and authorities since three years all over Hungary. Laszlo Perlusz spoke about organisation's yearly program, which focuses on...

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Fake Clothes in Value HUF 42 million was found

The solders of Hungarian Costum and Finance Guard controlled two Bulgarian camions.  The first camion cames from Turkey and according to logistic information it delivered clothes. Trough the control the...

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Hungarian retail trade turnover dropped

Retail trade turnover at constant prices decreased by 2.5% in February, and by 2.7% in the first two months of 2008 compared to the level measured one year before according...

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Rent a car – better business as to buy

The rent a car market is 3-3.5 times so big in Austria as in Hungary, altough there live only 7 million people.  Fox Autorent Kft. offers cars with almost 0...

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Fake olive oil in Italy

The Hungarian authorities dosn't have any information about Hungarian sell of this oil. The fake oil looked like extra virgin olive oil. It even tasted and smelt like extra virgin...

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Hypermarkets sell the most praline

The Hungarian chocolate market grow in volume by 11% in value by 16% last year. Total sales was almost HUF 60 billion.  According to Nielsen Research more than 30,000 tons...

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GKI sentiment index fall

The confidence index of trade dropped notably in January 2008, but it has been increasing since February. In March the projection of sales and the expectations on future orders improved,...

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One year 34% price increase at Hungarian agriculture products

The price level of crops and horticultural products was 46.9% higher, while that of animals and animal products increased by 17.6%. between February 2007-2008.  In January–February 2008 the average price...

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People make borrowing easier

According to GfK Research company in 2007 customers borrow unrestricted use mortgage loan in spite of commercial credit. Research company asked people between 15-69 years about their financial behaviours. According...

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Leasing cost decreased because of change tax rules' change

According the new rules from January 2008 , VAT is deductible by leasing car too and VAT of other services too. Flotta financing changed from the year beginn, the leasing...

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(HU) Megéri leleplezni az árkartellt

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M3 Outlet Center to open in Polgar in Mai

The developing cost was HUF 4 billion, the center is 13,000 sqm, 400 new job was built and other 400 come in the next station in 2009.  M3 Outlet Center...

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Positive change in the industrial output

According to Central Statistic Office the preliminary data in February 2008 the industrial gross output increased by 13.2% related to February 2007. The index adjusted by working days rose by...

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SMEs are positive

The business confidence index of almost domestic SMEs was 97,8% in the first quater of the year. The companies don't wait new restriction.According to ECOSTAT's the half of the questioned...

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70 million litres of tainted Italian wine

Italy produced and sold at least 70 million litres of cheap wine containing acid, manure and fertiliser, Italian weekly L'Espresso said on Friday, largely blaming organised crime in the south....

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