Market News
Private labels strong in discounts
Date: 2008-05-21 08:00:00
Private label products are 40 per cent cheaper than brand products on average in Hungary. The market share of PL products has been rising for years, but the rate of...
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Top model slower than IFA
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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
Date: 2008-05-21 08:00:00
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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Mono spices and paprika above the average
Date: 2008-05-21 08:00:00
Sales of mixed spices which account for over half of the retail sales of spices showed stagnation in the February 2007 – January 2008 period. Sales of mono spices expanded...
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Digital customer relations
Date: 2008-05-21 08:00:00
In what way can an IT service provider, an agricultural holding and a financing company be similar? Well, they all use the Microsoft Dynamics CRM system. Experts from Microsoft Magyarország...
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How to avoid fines?
Date: 2008-05-21 08:00:00
Voluntarily undertaking obligations – applied in several cases last year – allows companies subjected to legal action to escape fines by terminating or amending objectionable behaviour and practices. This is...
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Time for exciting flavours
Date: 2008-05-21 08:00:00
The increasing popularity of barbecue parties has a positive effect on the sales of mixed spices. Further growth is dependent on more special, exotic flavours. “Magyarosch” cuisine relying on pepper...
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IT in control
Date: 2008-05-21 08:00:00
There comes a moment in the life of FMCG companies when they can no longer function relying solely on human resources. This is when they need a management, or logistic...
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Best practice
Date: 2008-05-21 08:00:00
One of the companies from the market of hot beverages was targeted by GVH as a result of a campaign where points had to be collected by customers. Upon being...
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Functional Food and Drink Market before explosion
Date: 2008-05-21 00:00:00
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
Date: 2008-05-20 00:00:00
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
Date: 2008-05-20 00:00:00
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
Date: 2008-05-19 00:00:00
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
Date: 2008-05-19 00:00:00
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
Date: 2008-05-16 00:00:00
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
Date: 2008-05-15 00:00:00
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
Date: 2008-05-15 00:00:00
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
Date: 2008-05-15 00:00:00
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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