Market News
HUF 12 million conraband
Date: 2007-10-01 00:00:00
Customs officers seized 31,000 cartons of cigarettes in a van. The worth of contraband cigarettes was 12 million forints, the products brought into the country from the Ukraine. The officers...
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Germans don't do shopping
Date: 2007-10-01 00:00:00
In Surprise Fall German retail sales fell unexpectedly in August, affected by the impact of higher oil prices and the credit-market turmoil. Sales, adjusted for inflation and seasonal swings, fell...
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Warm food voucher is popular
Date: 2007-09-27 00:00:00
According to GKI research company, in 2003 only 300,000, this year 570,000 employees get warm food vouchers. 58% of the competition sector's employees get cold food vouchers and 18% warm...
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Summer raid – HUF 500 million fine
Date: 2007-09-25 00:00:00
In the course of the 10 weeks control the inspectors spied at the Lake-Balaton, on the biggest events – as Sziget Festival and on the famous holiday places. Inspectors found...
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Milk producers make the pace
Date: 2007-09-25 00:00:00
Subsequent upon the price war there are empty shelves at the supermarkets milk sections. The processing industry and the exporters run against each other and jack up the price. There...
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New owner and developing at the Bertrans logistic park in Kecskemet
Date: 2007-09-25 00:00:00
Australia's Goodman Group buys logistics park in Hungary. Goodman, an integrated property group listed on the Australian Stock Exchange, has acquired the Kecskemét-based logistics park of Hungarian logistics service provider...
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Heineken introduces new light lager in Russia
Date: 2007-09-25 00:00:00
The new brand will be positioned in the premium class beer segment and will be supported by a wide promotion campaign across various mass media. Heineken has introduced a new...
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Ribena to go green
Date: 2007-09-25 00:00:00
The company said that it will become the first in UK's soft drinks industry to increase the recycled content of its ready-to-drink bottles from 40% to 100%. All Ribena bottles,...
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Facts and arguments
Date: 2007-09-24 08:00:00
Compared to August 2006, food prices rose by 10,9 per cent, which is above the average rate of inflation. Food prices are also rising drastically in the world market, as...
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Intimate hygiene tissue: expansion above average
Date: 2007-09-24 08:00:00
The market of intimate hygiene tissues is small but growing dynamically. According to the Retail Index of Nielsen, retail sales show an increase of 16 per cent in the July...
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Growing loyalty towards supermarkets and discount stores
Date: 2007-09-24 08:00:00
According to the Shopper Trends study by Nielsen, the significance of modern store types has continued to grow. Hyper markets, super markets and discount stores are becoming the primary places...
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Price limits
Date: 2007-09-24 08:00:00
It is hard to tell yet exactly how much damage has been caused by the drought. Farmers talk about losses amounting to hundreds of billions, whereas another calculation recommended by...
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Period of introduction for wet wipe tissues
Date: 2007-09-24 08:00:00
As this product category has only recently been introduced, the objective is dual: educating consumers and widening the range of applications. The market of wet wipe tissues is growing dynamically...
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Sunshine, songs, logic
Date: 2007-09-24 08:00:00
According to Greeks, Crete is the birthplace of European culture and having taken a look at the palace of Knossos, I find this an absolutely credible claim. Since Cretans are...
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Private label bio product for the British
Date: 2007-09-24 08:00:00
According to a survey by TNS, seven out of the ten most popular bio products in the UK are private labels. In chains like Tesco and Sainsbury over 1,000 bio...
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Barely packaged merchandise, conservative consumers
Date: 2007-09-24 08:00:00
According to Béla Kertész, general secretary of the National Packaging and Moving Association, the quantity of packaging materials used by the Hungarian economy is still only half of the European...
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From store to store in Shanghai (part 2.) – Lotus flower
Date: 2007-09-24 08:00:00
We have visited Shanghai to attend the CIES conference which gave us an opportunity to take a look at retail trade in China. Lianhua (Lotus flower) is a 703 square...
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Omni consumers coming?
Date: 2007-09-24 08:00:00
According to a recent survey conducted by IBMin the US and the UK, a new type of consumer is emerging. “Omni consumers” are quite immune to traditional advertising, as they...
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Continuing argument over environmental charge
Date: 2007-09-24 08:00:00
Packaging has been subject to an environmental charge for ten years, but the amendment of relevant legislation in 2005 stirred up a heated argument. According to earlier legislation, the environmental...
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Discount stores behind the growth of private labels
Date: 2007-09-24 08:00:00
As a result of the advance of private labels, one out of five HUF spent on food is paid for a private label product. Private labels are less successful among...
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Lebensmittel Praxis: special edition about Hungary
Date: 2007-09-24 08:00:00
According to the special edition of the prestigious German magazine, Lebensmittel Praxis, devoted entirely to Hungary: „Though the trading business focuses on China, India, Russia and The Ukraine nowadays, Hungary...
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Creativity in a bottle
Date: 2007-09-24 08:00:00
Being practical is not all that matters in packaging of soft drinks, as a boldly innovative bottle can boost the image of a brand remarkably. Coca-Cola Magyarország introduced the aluminium...
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Shop & Roll
Date: 2007-09-24 08:00:00
Shop&Roll rolling basket is an ideal tool for regular shopping....
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Rising prices from producers to stores
Date: 2007-09-24 08:00:00
This has been a black year for the food business, with at least one third of total revenues falling victim to extreme weather conditions. According to recent statistics, a decline...
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What a moment can do…
Date: 2007-09-24 08:00:00
… Namely the moment when we make up our minds to buy Ariel or Pepsi washing powder, or to buy that nice little shirt for our kid who already has...
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Domestic chains enjoying an advantage on the Chinese battlefield (part 2.)
Date: 2007-09-24 08:00:00
Why are Chinese retail chains successful in their battle against international chains? This was the question we discussed with Glen Murphy, director of the Chinese Nielsen subsidiary. The average income...
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Price rises in Hungary and Europe
Date: 2007-09-24 08:00:00
According to an Eurostat survey, average food prices in Hungary were 29 per cent below the EU 27 average in 2006. We took 27-29th place among 37 European countries regarding...
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Commercial vehicles with extras
Date: 2007-09-24 08:00:00
Only 40 per cent of Hungarian forwarding businesses use vehicles which are not older than six years, while 30 per cent use vehicles which are older than nine years. If...
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Mr. Cheng Yun from Wuhan
Date: 2007-09-24 08:00:00
Mr. Cheng Yun is a typical representative of the dynamically expanding Chinese food business. He owns 200 food stores in and around one of the “second rate” cities, Wuhan which...
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If more coffee cannot be sold, sell better quality!
Date: 2007-09-24 08:00:00
There is intense competition in the coffee market. The development of the instant coffee segment has slowed down and private labels have also appeared. On the other hand, quality is...
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