Market News
More people use Internet banking
Date: 2009-10-27 08:00:00
The number of people using on-line banking services increased by 1.8 percentage point in the first half of 2009 – according to a new study by GfK Hungária. This means...
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Where producer brands are strong
Date: 2009-10-27 08:00:00
In the 60 household chemicals and cosmetics categories measured by Nielsen, private labels represented 17 percent of retail turnover, in terms of value in the first six months of 2008....
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Excerpt from the president’s justification:
Date: 2009-10-27 08:00:00
…” It is the Parliament’s right to decide whether legislative means are needed to repel unfair market conducts. (…) I doubt whether the law is completely in line with the...
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In Poland thousands of small shops disappear, but their market share is stable
Date: 2009-10-27 08:00:00
According to Nielsen’s ShopperTrends survey, the market share of small traditional shops has been stable at 55 percent for three years. Among modern retail channels supermarket is the most popular....
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New advertising code of ethics entered into force
Date: 2009-10-27 08:00:00
The new Hungarian Advertising Code of Ethics was signed by 26 professional organisations and entered into force on 30 September 2009. It is based on the Code of Ethics of...
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Where were bakers mistaken?
Date: 2009-10-27 08:00:00
The aim of the Association of Hungarian Bakers and baking companies was to cooperate and to harmonise the activities of the different actors in the baking industry, in order to...
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Customer satisfaction is the guarantee for our company’s success
Date: 2009-10-27 08:00:00
We had a conversation with CEO Dr. Tibor Bakonyi about the steps the company has taken recently to improve their market position and serve customers. According to the CEO, during...
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Panorama on the Christmas commercial credit market
Date: 2009-10-27 00:05:11
The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans...
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The number of conferences halved in the first part of 2009
Date: 2009-10-27 00:04:12
According to the compilation of the Hungarian Convention Bureau; during the first half of this year, 118 international conferences were held in Hungary. This is a 51 percent decline, compared...
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Bankruptcy wave before peak
Date: 2009-10-27 00:03:12
According to the latest analysis of Coface Hungary; the insolvency ratio of the firms increased by 36 percent in the first nine months of this year, compared to the same...
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Does not involve consideration to the webshop in case of waiver clause
Date: 2009-10-27 00:01:55
The union court stated: In the cases of Internet orders, if the buyer cancels, one should not pay fee for the usage to the seller, despite one used the product...
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Consumer confidence fell in Germany
Date: 2009-10-27 00:01:25
According to GfK market research institute; contrary to the expectations, consumer confidence has deteriorated in Germany,: November’s sentiment index decreased by 4.0 point from the previous 4.2 points. The analysts...
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Coffee is good for the liver
Date: 2009-10-27 00:00:28
According to the analysis of the American Cancer Institute (NCI) the daily consumption of coffee, has beneficial effect on liver function. Those chronic hepatitis C patients who drink three or...
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Quality complaints against dairy products
Date: 2009-10-27 00:00:15
All produced and marketed milk of Fresh Food Ltd. before 21st October will be recalled, because it does not meet the required composition – stated the Agricultural Office Authorization. The...
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Trade: sloping down
Date: 2009-10-26 00:06:21
According to the datas of the Central Statistical Office; retail sales decreased in the August of 2009 by 8.5 percent, compared to the same month of 2008. At foods 7...
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The economic expectations are improving for six months
Date: 2009-10-26 00:05:21
The seasonally adjusted value of the GKI economy index increases for six months now, after nearly half-year fall. The improvement is, however, slower than the deterioration was, so it is...
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Italian investment is expected in the Hungarian food industry
Date: 2009-10-26 00:04:58
The Hungarian investment promotion agency is negotiating with several Italian companies, over investment opportunities, in the areas of food processing and alternative energy – said Spányik Péter leading external diplomat...
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Selling glasses and concert tickets in hypermarkets
Date: 2009-10-26 00:03:12
British hypermarket chain, the Asda will open optical desks in 84 stores in Britain. The strong retail chains are selling quite different products differ from their profile, more often. Asda...
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EU protection for the Hungarian horse-radish
Date: 2009-10-26 00:02:24
The European Commission declared protected and added Hajdúsági horse-radish to the narrow range of protected products of the European Union. According to the communication of the EU, Government, the Hungarian...
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Hungarian wines in Milan
Date: 2009-10-22 00:05:18
For the first time in Italy, the Hungarian Investment and Trade Development Agency (ITD Hungary) organised an autonomous Hungarian wine presentation. The Milan event aims to promote the wines of...
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GfK – nine-tenths of the population agrees with the proposal of MNB
Date: 2009-10-22 00:04:22
According to GfK Hungária; eighty-nine percent of the population agrees with the proposal of the Hungarian National Bank (MNB) that greater caution and responsibility is necessary to provide a loan....
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Decrease in real wages and in the number of employees
Date: 2009-10-22 00:03:00
According to the Central Statistical Office; The gross average earnings in the first eight months of 2009 decreased by 1.3 percent, the net average earnings by 1.6 percent, compared to...
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Online advertising forges ahead
Date: 2009-10-22 00:02:35
Online advertising market, is slowly starting to recover after a downturn, while the print and electronic media will continue to ail. According to industry analysts; virtually only the Internet advertising...
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Nyugati Square McDonald's received a silver medal
Date: 2009-10-22 00:02:15
Askmen.com internet men magazine has elected the world's 10 most beautiful McDonald's restaurants. According to the U.S. site, which has a monthly 7 million visitors, the Nyugati Square McDonald's is...
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Cafeteria can remain despite the tax
Date: 2009-10-22 00:01:15
On the basis of a feedback from the OTP health insurance, the majority of the firms in 2010 would use the fringe benefits systems. From January of 2010, 25 percent...
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We are only talking about the healthy lifestyle
Date: 2009-10-22 00:00:25
According to GfK LHS HealthCare population survey of 2009 and GfK Hungária's 2009 study of eating habits, people are interested in health-related news and knowledge, but they accept only those...
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The number of those who buys food on the web doubled since last year
Date: 2009-10-21 00:07:01
According to the joint survey of KutatóCentrum and Mai Piac; compared to 2008, the number of those who buys food on the Internet has doubled, but the virtual trading of...
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According to MAGOSZ; family farmers may go bankrupt
Date: 2009-10-21 00:06:00
Many family farmers drifted to the border of financial impossibility and can not even repay their loans – said Jakab István President of Magosz on a press conference in Budapest....
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Hungary is 43rd in the Human development index rankings
Date: 2009-10-21 00:04:12
The human development index (HDI), is an index, measuring a broader well-being, than GDP, because it consist living indicators in addition to expressing the value of life expectancy through public...
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U.S.A. may impose safeguard duties against China, due to carbon dioxide emissions
Date: 2009-10-21 00:03:00
China may lose its largest market in the future, if China will not do anything against pollution. The U.S. may impose safeguard duties on Chinese products if the Asian country...
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