Market News

Top model slower than IFA

There are two ways for commercial vehicles to meet Euro V standards. One is the recycling of emission gases (EGR), while the other is based on selective catalytic reduction (SCR),...

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More optimistic households

The complex Consumer Confidence Index of Gfk Hungária and Corvinus University improved by four per cent in the first quarter of 2008. Expectations regarding financial position next year were up...

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JÓFEJ-campaign for the fourth time

A campaign against drunk driving is to be organised by the Association of Hungarian Breweries for the fourth time in 2008. The JÓFEJ campaign to be conducted in the summer...

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Mobile refrigerator boxes with GPS

Today, it is possible not only to monitor where our vehicles are and what they are doing, but we can also check the temperature in the storage space and whether...

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Strong concentration, soft discount stores in Norway

The retail of food shows and exceptional degree of concentration in Norway. There were 442 modern stores for each 1 million people in 2006. Knut Gartland, head of marketing and...

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Beauty contest for Wukis

Results from the 1st Wukiland Beauty Contest organised by EVM Zrt were announced in April. The three competitors found to be most beautiful by the Wukiland community received valuable prizes....

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Increasingly strict standards for food safety

EU legislation pertaining to food safety has been changing since 2000. A new approach called “from farm to fork” has been adopted, which emphasises that all elements of the food...

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Aldi assortment tailored to Hungarians

1,085 items have been recorded by Nielsen in the Debrecen Aldi store. The widest assortment of products is that of groceries, with 285 items. The price of the few branded...

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Gardeners might be the winners of the decade

Food will be a strategic commodity in the future, with a permanently high price. As the rise in prices is not expected to stop, overall demand is expected to be...

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Changes in standards

According to Györfi László Tamás, from TÜV Rheinland InterCert, several changes will come into effect in 2008. Changes in standards. According to Györfi László Tamás, from TÜV Rheinland InterCert, several...

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One sided co-operation in the dairy sector

An international conference has been organised by the ministry of agriculture and rural development about the dairy sector. According to László Vajda László, head of department from the ministry of...

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Grill parties a joy for retailers as well

Double digit expansion in the category of grill products has been constant for years. Growth was estimated at 15-20 per cent last year, although precise figures are not available. According...

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Stores online

According to Ádám Harcz, key account manager of CSB-System Hungary Kft., the introduction of a software solution becomes a feasible option for FMCG businesses, when the amount of data generated...

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Record breaking fines in the FMVG sector again

The Business Competition Authority (GVH) has made a major effort to fight misleading advertising last year. The number of complaints recorded by the Authority was higher than ever. The number...

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Functional Food and Drink Market before explosion

Figures from Euromonitor show that sales of functional foods and drinks are expected to continue their strong growth over the next three years. Specialist said the increase will be more...

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Jungle fight for SMEs

According to Coface Hungary and Uzlettars Business Magazin research, even the most dynamically developing SMEs suffer from the effects of the budget adjustment and the American subprime crisis.  The two...

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Consumers in Europe demand more self-service

The pressure is mounting on organizations to finally develop a multichannel strategy that leverages self-service at the point-of-service, online and mobile channels.   The 2008 NCR Self-Service Consumer survey, conducted...

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Ascendant sactioning possibilities for Hungarian Customer Protection Authority

Probably in June the Hungarian Parliament votes about the new, more rigid Consumer Protection Law.   According to plans the penalties will be more higher (minimus HUF 30,000 – maximum...

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Orange and Peach are the most popular fruit juice

According to Nielsen research company between Febuary 2007 and January 2008 the fruit juice market in Hungary grow by 1% in volume and 9% in value.  The whole market is...

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Hungarians Drink the Traditional and Cheap Beer Brands

The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%.  Altough the raw material, producing costs and the tax increased faster as...

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Fast increase at food price

In April 2008 consumer prices rose by 0.3% compared to the previous month and increased by 6.6% compared to April 2007.   In the first four months of 2008 the...

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Industrial gross output increased in March

According to Central Statistic Office the output grow by 1.9% compared to March 2007, the index adjusted by working days rose by 4.3%.  The volume of the production was higher...

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The Balkans undergoing the most Dynamic Transition

The international consumer survey SHOPPING MONITOR CEE 2008 has revealed the growing popularity of the modern retail formats, in particular hypermarkets and discount stores. The most popular chains are Tesco...

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New rules at tax stamps from July

According the new regulation the tax stamps user have to give daily supply of data, so the authorithy can follow the produc from manufacturer to the retailer.  The new tax...

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Fake products on Jozsefvarosi market in value of HUF 18 million

According to speakerman of Hungarian Customs and Finance Guard the specialist of the authority found 1100 pair of sportshoes, 800 clothes and more hunderd of sunglasses with fake brand sign....

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Americans eat a lot of GMO products

Most packaged and processed foods do contain genetically modified ingredients, the labels don't have to say so.  According to a recent CBS News/New York Times poll, 53 percent of Americans...

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8-10% price increase at food products

According to Federation of Hungarian Food Industries meat industry is at the bottom of food price growth because since last year meat industry couldn't make good the high feeding costs...

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Continous Disquisition about fake Hungarian Honey

The tax and food safety authorities controlled 9 plant, 6 of them must be henceforward spyed. Enzymes and sugar were found in the mills.According to Miklos Suth general veterinary said...

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