Market News
Show me your beer and I’ll tell you who you are
Date: 2009-04-05 08:00:00
Leading beer brands are becoming increasingly cautious in the shrinking market. Instead of radical innovation, they focus on improving image and communication. The policy pursued by hyper markets of selling...
Read more
Modern refrigerated spaces
Date: 2009-04-05 08:00:00
Professional design and the use of stainless steel or plastic materials which guarantee adherence to hygiene regulations are basic requirements for in-store refrigeration equipment. According to András Solymosi, sales director...
Read more
Canned beer still most popular
Date: 2009-04-05 08:00:00
According to data from GfK Hungária ConsumerScan, sales of beer dropped in 2008. Colder than usual weather probably played a part in this. While average households had purchased 86 litres...
Read more
Attracted by light
Date: 2009-04-05 08:00:00
Well designed in store lighting has a substantial influence on sales. Selling after dark has always been a challenge for retailers. In store lighting was the leading topic of the...
Read more
Refrigerated dessert bars with diverse product advantages
Date: 2009-04-05 08:00:00
Milk bars, túró rudi and other dessert products made from cottage cheese belong in the refrigerated dessert category, according to the segmentation used by Nielsen. This category is characterised by...
Read more
5.4 percent rise in income in competitive sector
Date: 2009-04-05 08:00:00
Gross average income in enterprises with at least 5 employees and in the public sector were down by 5.2 percent in the first month of 2009, compared to January 2008,...
Read more
A new wave of logistic outsourcing coming…?
Date: 2009-04-05 08:00:00
The outsourcing of logistic activities speeded up in the mid 90’s. However, growth has slowed down in recent years. We asked Károly Diega, supply chain director of Sága Foods ZRt....
Read more
Recession in butchers’ shops
Date: 2009-04-05 08:00:00
Trends in the world market of meat and poultry are monitored by the Agricultural Business Research Institute (AKI). Data from the market price information system (PÁIR) of KSH and AKI...
Read more
Private labels expanding among milk desserts
Date: 2009-04-05 08:00:00
According to data from the GfK Hungária ConsumerScan, sales of milk desserts dropped last year, with the exception of puddings which increased their market share to 25 percent. Sales of...
Read more
Expectations reaching lowest point ever
Date: 2009-04-05 08:00:00
The conjuncture index of GKI has been falling for the fifth consecutive month. According to a survey conducted by GKI Gazdaságkutató Zrt., the deterioration in business expectations speeded up in...
Read more
At least 25 thousand consumer-protection check-ups this month
Date: 2009-04-03 14:22:00
Provider sectors, especially those involved in tourism are about to face yet another surge of consumer protection-control between the interval of 1st and 30th April. The major emphasis of these...
Read more
Spanish-Hungarian business relations to be strengthened at trade-show in Madrid
Date: 2009-04-03 04:23:56
It is the first time that Hungary as an exhibitor took part in the Madrid-based Salón Internacional Del Club De Gourmets trade-show, between 30th March and 2nd April. Wines from Tokaj,...
Read more
Chocolate-industry is not at all touched by the crisis
Date: 2009-04-03 03:14:12
In spite of the deplorable economic conditions, chocolate-factories seem to profit from the crisis. Chocolate-manufacturers have managed to produce a 7 percent increase of yield in Germany, while American sales reports...
Read more
Baby food experiencing the largest sales growth in the speciality food market
Date: 2009-04-03 02:04:12
Baby food experienced the largest sales growth in the specialty food market between 2006 and 2008, according to National Association for the Specialty Food Trade. Specialty baby food generated $58 million...
Read more
A 20 percent decrease of oilseed products
Date: 2009-04-02 21:43:00
Oilseed production is expected to decrease by approximately 20% in the 2009/2010 marketing year partly due to an expected decrease in sunflower seed area and lower yield. All major oilseeds...
Read more
Increasing price of living pig and import-competition getting stronger
Date: 2009-04-02 21:37:00
Moreover, there is an increase of meat-prices and the prices of meat products, and import-competition is getting stronger and stronger. The annual Easter-time meat-breakfast organized by the Hungarian Meat-Industry Association...
Read more
Energy-drinks appear to be crisis-resistant
Date: 2009-04-01 20:52:00
In spite of the crisis, a bustling trade can be seen in the energy-drink retail-sphere. Retail volume faces a 31 percent expansion value-wise, whereas a 42 percent increase when it...
Read more
Food sales price grow by 2.8%
Date: 2009-04-01 05:27:02
According to Central Statistic Office Domestic sales prices of industry rose by 2.4% in February 2009 compared to the previous month and were 6.6% higher than in February 2008. ...
Read more
The latest downgrade may have serious consequences for the market
Date: 2009-04-01 04:28:44
Hungary's sovereign debt is just a step away from falling to junk status, after the latest downgrade by Standard & Poor's, American business magazine Forbes pointed out on Tuesday. S&P...
Read more
Keeping stores close would save more workplaces
Date: 2009-03-31 19:44:00
Fewer workplaces were forced to close if stores would not open on Sunday – the trade union of commercial clerks (KASZ) claims. SZ-president József Sáling pointed out that keeping stores...
Read more
Europeum at Blaha square Budapest
Date: 2009-03-31 05:37:39
Real-estate developer ABLON plans to open a new shopping centre called Europeum in the busy Blaha-area by late 2009. Blaha Lujza square keeps a busy traffic of 300 thousand people...
Read more
More Hungarian food in the shops
Date: 2009-03-31 05:18:00
Starting from 30t h June at the latest, 80 percent of sold food-products in Hungarian stores is supposed to be of Hungarian origin, Agricultural minister József Gráf mentioned now that...
Read more
Brands love mommy-bloggers
Date: 2009-03-31 04:13:25
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...
Read more
Online Retailers getting more popular
Date: 2009-03-31 04:06:52
If current trends continue, online retailers could outstrip the popularity of high street giants, according to TNS Worldpanel. In its annual top 10 list of the favourite retailers in...
Read more
Expectations hit bottom again
Date: 2009-03-30 09:13:32
According to the survey conducted by GKI Economic Research Co. (www.gki.hu) with the support of the European Union, neither businesses nor consumers have ever been as pessimistic before as this...
Read more
V4 commercial ethical code is about to come
Date: 2009-03-30 08:55:34
The Agricultural Chambers of V4-countries agreed to take steps against dishonest merchants jointly, at the V4-conference in Debrecen organized by the Hungarian Agricultural Chamber. The V4 Agricultural Chambers have taken...
Read more
Even 20%-profit increase available with data analysis methods
Date: 2009-03-30 08:46:03
Firms with an outstanding performance use analysis techniques five times more frequently than weaker companies do. Surveys justify that a carefully-planned analysis toolbar and the exploration of deeper contexts...
Read more
'Young Enterproneurs of the Future' were awarded
Date: 2009-03-27 11:59:39
Dreher Brewery submits the talented youngs with all together HUF 6 million and with half year free of charge advises in realisation of entrepreneurship. It was the third time...
Read more
Carrefour opens first store in Bulgaria
Date: 2009-03-26 21:24:28
With a sales area of 8,300 square metres, the store offers over 50,000 SKUs, including 3,500 Carrefour own-branded products. Carrefour opened its first store in Bulgaria on 25 March in...
Read more
Retail of clothes is bipolar
Date: 2009-03-26 16:06:00
Last year an average Hungarian family spent HUF 108,500 for clothes and shoes. Most of them for overclothes. According to FashionScope research by GfK Hungary customers used both pole of...
Read more