Market News

„An extra wallet which can be opened”

According to László Krisán, general director of KA-VOSZ Zrt., Széchenyi Card has become a leading product in the market among small enterprises, filling a gap which traditional financing tools had...

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Perfume market becoming more masculine

According to data from MEMRB Market Research, the perfume market produced growth of 9 per cent in terms of value in the September 2006 – August 2007 period. Seven out...

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How does it work?

Széchenyi Card is a form of financing for SME-s, with preferential interest rates subsidised by the government, which is intended to improve their liquidity. Access to this form of financing...

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Continuing concentration of margarine sales

According to the Retail Index of Nielsen, the average price of margarine rose by 5 per cent in August-September, compared to the same period last year. Retail sales in terms...

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Who are the users?

Széchenyi card accounted for a substantial part of financing agreements signed by SME-s with banks for a shorter than one year term. The largest part of the amount available is...

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Lighter butter creams on bread

While margarine continues to remain a basic product, consumers are becoming familiar with its alternatives. Creams which can be spread on bread not only compete with each other but with...

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Post/pre mix Colas continue to lose ground

According to Nielsen data, HoReCa sales of carbonated soft drinks amounted to over HOF 55 billion in the August 2006 – July 2007 period, with the rate of decrease in...

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Marketing might become yeast for the baking industry

Bakery products are popular in Hungary. Production is fragmented however, which means resources are not sufficient for powerful marketing. According to József Werli, secretary of the Hungarian Association of Bakers,...

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From grape to bottle

2007 is really a difficult vintage. It was started with a very mild winter, early budding, but spring frost limited our crop at some vineyard-sites. Hot and dry summer made...

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Our everyday bread from the neighbourhood store

According to data from the GfK Shopping Monitor, small, neighbourhood stores account for the largest part of sales and their market share has increased from 48 per cent in 2004...

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Revival in the poultry market

Agricultural Business Research Institute (AKI) continuously monitors developments in the world market of meat and poultry. Data from the Price Information System of KSH and AKI can be useful for...

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Bread dominant

According to data from the Hungarian Association of Bakeries for 2006, per capita consumption of bread was 80 kilos with another 14 kilos of other bakery products. This proportion has...

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Economic growth at its lowest

According to a forecast prepared by GKI Gazdaságkutató Zrt. with Erste Bank, economic growth will be slower this year than expected previously, while the rise of gross wages and the...

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Extreme wine labels spreading

Labels make a big difference when customers do not have a definite idea of what kind of wine they are looking for. Today, the trend is to make labels simple...

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Corn prices: + 45 per cent

According to a KSH report, the prices of agricultural produce were 10.4 per cent up in July 2007 compared to July 2006. Plant produce showed a price rise of 20.8...

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Internet banking not very popular among Hungarians

According to an international, online survey conducted by Nielsen, Hungarian Internet users rarely use the net for banking transactions and use ATM machines less frequently than the international average. Only...

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Food boosting inflation

According to a KSH report, consumer prices remained unchanged in August 2007, compared to July, but the rate of inflation was 8.3 per cent. Prices were on average 8.5 per...

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How is the banking sector?

The number of banks per HUF one million is between 3-4 in Hungary, which is around the international average. The leading seven banks (OTP, K&H, MKB, Erste Bank, CIB, Raiffeisen,...

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Retail turnover of food continues to shrink

The shrinking of retail turnover continued in July. According to a KSH report, sales were 4.2 per cent down in July 2007 compared to July of 2006 and also showed...

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Szechenyi Card on the short list of European Enterprise Awards

To be on the short list is a big honor for Szechenyi Card and the organisations behind. A 13strong shortlist has been selected for the European Enterprise Awards 2007, which...

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Functional food market grown dynamic in the UK

Some 97% of British consumers have bought some sort of food with an added health benefit, according to a survey from Nielsen. According to the research company, the UK functional...

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Store chain privatisation in Serbia

The country's biggest department store chain, Robne Kuce Beograd, was sold to a local businessman for 360 million euros. The bankrupt state-owned chain owns some 240,000 square metres of retail...

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Metro wholesale center in Far-East

The assortment, service and architecture of the Metro Cash & Carry wholesale center in Lahore have been tailored to the specific needs of commercial customers in Pakistan.  More than 20,000...

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Barcode for agricultural products in China

During the campaign the government said more than 300,000 technical staff went to rural areas in the last month, nearly 200 illegal food companies have been shut. The system of...

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Diabetic grain producing in Szeged

This week started the producing again in Gabonatermesztesi Kutato Kht- famous of guar gum cases.  A row material and the plant, producing diabetic grain is strongly supervised, the feed made...

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Carlsberg to distribute Budvar

Danish brewer has signed a distribution deal with Budejovicky Budvar to distribute its products in Denmark. Carlsberg's independent company, House of Beer will take over the distribution of the Czech...

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Idea of a Barcode trolley is on the top

Consumers are more interested than ever in the details of the products they consume. According to a Shopper Research by IGD 30% of shoppers would be interested in using barcode...

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Pig –farmers to strike

On 15th November the pig-farmer want to protest in front of stores against supermarket chains. The feed price growth but not the agricultural procurement price, which make the pig-farmers bitter....

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New relabeling story

This time more than 15 tons of coffee and candies would be relabeled for 2008 in a distributor's depot.  The authority found a relabel machine too. The products would be...

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Conference about Mystery Shopping

Aim of The Mystery Shopping Day ,organized by Client First Consulting Kft. , wanted to focus the leaders interest on the benefits of mystery shopping and to show to good...

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