Market News
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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Consolidation in truck production
Date: 2007-09-24 08:00:00
Half of the world market of medium and heavy commercial vehicles is shared between six companies. Volvo (already the owner of Renault VI-t and Mack) acquired Nissan Diesel in March....
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Global toothpaste brand in a village
Date: 2007-09-24 08:00:00
Glen Murphy (42) director of the Chinese Nielsen subsidiary told us about the market research work they do to survey this 1,3 billion strong market. They have 600 full time...
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Substitutes stealing the show
Date: 2007-09-24 08:00:00
As consumers are becoming increasingly health conscious and wary of sugar, sales of sweeteners are expanding. Canderel is not only a sweetener brand, but also a well known and diverse...
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Good days for palinka
Date: 2007-09-24 08:00:00
Palinka sales in the HoReCa sector grew by 10 per cent in terms of value in the June 2006–May 2007 period. Total palinka sales in the HoReCa sector exceeded HUF...
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Private labels on the offensive
Date: 2007-09-24 08:00:00
Retail sales of praline show dynamic growth. Sales have expanded by 10 per cent in the July 2006 – June 2007 period, exceeding HUF 15 billion, according to the Retail...
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Palinka popular among young people
Date: 2007-09-24 08:00:00
Palinka has become fashionable. It has recently become an extremely successful product compared to the past. However, only premium brands of very high quality are welcome in restaurants. – Restaurants...
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Weakening „B” brands among pralines
Date: 2007-09-24 08:00:00
Preparations are on the way for the long praline season, which will reach its peak around Christmas. Private labels hold stronger positions than ever before, but premium products are also...
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Rising prices in the bakery industry
Date: 2007-09-24 08:00:00
Consumer prices in July were 8.4 per cent up compared to July 2006. According to a KSH report, food prices fell by 0.8 per cent compared to June. The prices...
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Outlet center in Polgár
Date: 2007-09-24 00:00:00
From HUF 4billion investment a mall is built near to M3 motorway in Polgár. The M3 Outlet Center will be finished on March, the construction work is made by Strabag,...
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The biggest Hungarian trade union wants real wages correction
Date: 2007-09-24 00:00:00
According to delegates of employers, the are several sectors, where in 2008 the agreed wages increase can't be given. Because of the tightening actions and the high inflations rate the...
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From March no more HUF 1, 2 coins
Date: 2007-09-24 00:00:00
The ratio of lost 1 and 2 forint coins has been very high for years and the price of base materials, primarily copper, nickel and zinc, also rose considerably in...
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Less sale from basic food too
Date: 2007-09-24 00:00:00
According to KSH the retail sales of food products dropped drastically in the first seven months. Hungarian retail sales dropped by 0.4% month on month in July, according to data...
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Fake Gillette made in China
Date: 2007-09-21 00:00:00
Two Chinese brothers have been charged with making 160,000 fake “Gillette” razor blades. The brothers, surnamed Zhang, were accused of assembling Gillette Mach 3 razor blades at home with family...
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Hungarian food industry campaign in Germany
Date: 2007-09-21 00:00:00
German customers can buy hungarian food products and wines at four cities' at five Kaufhof stores between 10-22 September. The Hungarian Weeks in Berlin, Leipzig, Halle and Chemnitz is protected...
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Price cartel at milk products in UK
Date: 2007-09-21 00:00:00
Britain's big supermarkets are facing substantial fines after being accused of fixing the prices of milk, butter and cheese with the dairy industry. The alleged price collusion is estimated to...
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Hungarian customers need product with good quality
Date: 2007-09-21 00:00:00
According to Gfk research, the first aspect at shopping is the good quality, at the second place is the price-value rate, on the third is the nationality of the product....
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Travelcard from Accor
Date: 2007-09-20 00:00:00
Thanks to the cooperation between BKV and Accor, seven kind of travelcard can be ordered together with the Ticket Restaurant voucher. It is a simply and economy solution, and the...
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The beverage companies reformulate products
Date: 2007-09-20 00:00:00
The industry is progressively removing the colours concerned from the products it produces for young children. Southampton University study suggested that: "eating or drinking certain mixes of additives together with...
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After chinese products there is the chinese trade union too
Date: 2007-09-20 00:00:00
Trade unions should work together more closely to cope with the challenges posed by economic globalization – ACFTU President Wang Zhaoguo said. The trade union leaders from Albania, Bulgaria,...
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Decree against stress on the workplaces
Date: 2007-09-19 00:00:00
Until 8 of October after EU-law the Hungarian government has to make its decree against stress on the workplaces. The EU directive said that attendant of workplace's stress must be...
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