Market News
Creditworthiness in decline
Date: 2008-02-01 08:00:00
According to an analysis prepared by Coface Hungary, the number of insolvency procedures increased by 24 per cent last year, which means that 3.7 per cent of businesses had become...
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Dermatologist in the West, TV in the East
Date: 2008-02-01 08:00:00
According to data from a survey conducted by GfK Roper, four people out of ten are satisfied with the way they look world-wide and in Hungary, as well. The survey...
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Black tea losing ground
Date: 2008-02-01 08:00:00
Tea sales have been growing for years. According to Nielsen data, the market expanded by 9 per cent in terms of value in the December 2006 – November 2007 period,...
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HUF “in the pilow”
Date: 2008-02-01 08:00:00
Investors have generally become more cautious world-wide – summed up Ákos Kozák, managing director, the findings of the survey “Investment Barometer” prepared by the Gfk Group for the The Wall...
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Black tea continues to fade in the market
Date: 2008-02-01 08:00:00
The market of tea is becoming increasingly colourful. Owing to the rapid changes in tea culture, green, herbal and fruit teas are challenging the once dominant black tea. Black tea...
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Budapest hotels: below average
Date: 2008-02-01 08:00:00
Commercial places of accommodation generated total gross revenues of HUF 209 billion in the January-October 2007 period, which is 4 per cent up, compared to the same period in 2006....
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Market of detergents above HUF 20 billion
Date: 2008-02-01 08:00:00
Retail sales of household detergents show continuous increase and have exceeded HUF 20 billion. Overall growth amounted to 4 per cent in the November 2006–October 2007 period. Sales of washing...
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Still minuses
Date: 2008-02-01 08:00:00
Retail turnover continued to shrink in October 2007. According to KSH data, sales were 2,7 per cent down in the first ten months of 2007, compared to the same period...
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Scented and no stains
Date: 2008-02-01 08:00:00
The market of detergents shows continuous growth and innovation. Drugstores are still the places where most consumers go when looking for innovations. Consumers have less time to spend cleaning things...
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Hungarians are child-centred in bio
Date: 2008-02-01 08:00:00
According to a Nielsen survey conducted among Internet users in 46 countries, the most popular bio foods in Hungary are fruits, vegetables and eggs, like in the EU. While almost...
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Extraordinary snapshot – domestic food industry in 2007
Date: 2008-02-01 08:00:00
The well known and grave problems of the Hungarian food industry continued to exist in 2007 and no major positive breakthrough took place. Domestic purchasing power is in decline, while...
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Frost makes apple expensive
Date: 2008-02-01 08:00:00
The average price of agricultural produce was up by 34,4 per cent in October compared to the same period in 2006. According to KSH data, the average price of plant...
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Drastic price increase at beers
Date: 2008-02-01 00:00:00
According to Imre Sivo, president of Hungarian Beer Manufacturers, the companies can't swallow the high raw-material costs. Last year the malt price growth with 40-86%, the hop became 25-40% most...
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Action Plan against fake products made in China
Date: 2008-02-01 00:00:00
The EU remains China's largest trading partner, with bilateral trade hitting 356.15 billion U.S. dollars last year, up 27 percent year-on-year. The visiting EU Commissioner responsible for taxation and customs,...
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18% increase at Visa Hungary
Date: 2008-02-01 00:00:00
Visa cards were used to make EUR 1.5 billion worth of purchases in Hungary in Visa's business year ended September 30, 2007.Last year the number of new Visa Cards growth...
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Hungary jobless rate rises in Q4 2007
Date: 2008-02-01 00:00:00
According to Central Statistics Office, Hungary's rate of unemployment ticked up to 7.7% year on year. Hungary's rate of unemployment came to 7.4% on average in 2007, down by 0.1...
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Fast growing on-line shopping all over the world
Date: 2008-01-30 00:00:00
Polling company Nielsen Online surveyed 26,312 people in 48 countries. 86 % of internet users had bought something on-line, 82% of Hungarians either. Nielsen says more than eight out...
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Spring time opens the M1 Outlet & Shopping Center
Date: 2008-01-30 00:00:00
The construction works are ready, tenants develop the shop-front and the instore. Nearby the international cloths brands two new renter, there are two new renters: CBA retail chain and Drogerie...
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EU pressures general labeling
Date: 2008-01-30 00:00:00
Food and drink companies would require to shake up labeling procedures and detail energy, sugar, salt and fat contents on the front of the packages they produce. The European Union's...
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Russia to extend food price freeze
Date: 2008-01-30 00:00:00
Russian food retailers will extend an anti-inflationary price freeze on basic food products to May 1. The freeze on prices for bread, milk, sunflower oil and eggs is designed to...
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Hungary's industrial producer price rose by 1.6% year on year
Date: 2008-01-30 00:00:00
According to the Central Statistics Office (KSH) domestic price inflation came in at 6.2% yr/yr, export index fall 4,8%. Producer prices in the manufacturing industry edged up 0.4% m/m and...
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Food companies must to go greener
Date: 2008-01-29 00:00:00
At least 30% of shoppers look for environmentally friendly products and packages in the US. Fearing retribution from environmentalists that could taint their brands, Kraft and Sara Lee are among...
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Last Sardine Plant in Norway to Close Down
Date: 2008-01-29 00:00:00
A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production. The plant produces more than seven million tins of sardines a year and more...
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Cartelism at plastic packiging plants
Date: 2008-01-28 00:00:00
The Hungarian Competition Authority spys by Linpac Plastic Hungária, Propack and Petruzalek Ltd., one Slovakian and an Austrian company is involved too. Accoriding to Hungarian Competition Authority the within named...
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Dannon to mystify with 'Probiotic' Bacteria in the US
Date: 2008-01-25 00:00:00
The American unit of French group Danone mounting a massive false advertising campaign to convince consumers to pay more for yogurt containing “probiotic” bacteria because of the products' health benefits....
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Coca-Cola Aims to Expand Tea, Looking at Acquisitions
Date: 2008-01-25 00:00:00
The company might buy or make an investment in Honest Beverages, a privately-held maker of Honest Tea. Tea is a priority area," Chief Executive Neville Isdell told Reuters on the...
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Retail sales decreased 4.2% in November 2007
Date: 2008-01-24 00:00:00
Two prozent less food and 2-2.4% sales fall in hypers and other food stores. The retail sales has been falling since the beginning of the year 2007. The volume of...
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(HU) Többmilliós fogyasztóvédelmi büntetés a Norbi Updatenek
Date: 2008-01-24 00:00:00
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