Market News
Online Sales Up 60% In Romania
Date: 2008-07-07 00:00:00
Romanian online sales rose to E25m in the first six months of 2008, according to figures from RomCard. The number of transactions amounted to 300,000, while the average value of...
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The Deficit May Be Even Lower Than Planned
Date: 2008-07-07 00:00:00
Substantial improvement in the internal and external equilibrium this year with real wages in the business sector already climbing while inflation and interest rates remain high. The forecast prepared by...
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HUF 14 billion Ice Tea Market in Hungary
Date: 2008-07-07 00:00:00
According to Nielsen Research the sales of ice tea grow in volume by 23%, in value by 19% between Mai 2007-April 2008. The most popular taste are lemon and peach,...
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Nestlé to sell prime property in Budapest
Date: 2008-07-04 00:00:00
Nestlé has decided to sell a 2,500-square-meter property in Budapest with a panoramic view of the Buda Castle, the Chain Bridge and the Pest skyline. Nestlé is selling the property...
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Association of Hungarian Farmers accuse forestallers of cartell
Date: 2008-07-04 00:00:00
Farmers protest against the low price of sourcherry in front of Hungarian Parliament. The farmers said the forestallers pay only HUF 50-60/kilo for sourcherry, what is only half of the...
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Private label organic foods lead in German market
Date: 2008-07-04 00:00:00
New Nielsen data shows that German consumers have doubled the number of organic food items they have purchased in the past two years. Retailer brands have gained a larger...
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Lefelé módosította várható profitját a Marks & Spencer
Date: 2008-07-03 00:00:00
The retailer posted profits of £1bn last year and analysts were expecting profits of around £870m this year. Overall M&S's UK sales were down 5.3% in the 13 weeks to...
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Dutch smoking ban
Date: 2008-07-03 00:00:00
A tobacco smoking ban came into force Tuesday in cafes, bars and restaurants throughout the Netherlands. While patrons are no longer allowed to light up cigarettes, they can still...
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Hungarian Companies are more Pessimistic
Date: 2008-07-03 00:00:00
The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter. Ecostat's TOP-100 index for sentiment at...
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Virtual shopping can't take all
Date: 2008-07-02 00:00:00
The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....
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Germans to shop more in May
Date: 2008-07-02 00:00:00
German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...
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Consumer Spending Higher-Than-Expected In May
Date: 2008-07-01 00:00:00
US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007. Figures from the Commerce Department said the rebates helped...
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Austrian Food Specialities debuts in New York
Date: 2008-07-01 00:00:00
The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets. More than 2,300 domestic exhibitors from around the country and the...
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Hungarians consumpt less biscuit
Date: 2008-06-30 00:00:00
Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we. Hungarians eat...
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Payable household goods in Hungary
Date: 2008-06-30 00:00:00
According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average. Within the framework of the European...
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Tesco, Asda Cut More Prices
Date: 2008-06-30 00:00:00
Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition. Tesco will cut prices on 3,000 products...
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Hungarian Beer Market grow in value by 6% and in volume by 1%
Date: 2008-06-30 00:00:00
Between June 2007 and Mai 2008 4 million hectoliter beer were sold in Hungary, it was a summe in value HUF 110 billion. According to Nielsen Research retail index 1...
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Expectations improved significantly
Date: 2008-06-30 00:00:00
In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years....
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Oily seed plant in Foktõ
Date: 2008-06-27 08:00:00
The plant to be built by the Glencore group will be the largest facility of its kind in Hungary with an annual capacity of 600,000 tonnes. Construction is expected to...
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Adapting to local conditions
Date: 2008-06-27 08:00:00
According to an analysis prepared by the Budapest Chamber of Commerce and industry (BKIK) last year, the general marketing of multinational companies is prevalent in Hungary. Advertisements lack local features...
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Where is the Hungarian retail sector heading?
Date: 2008-06-27 08:00:00
A study has been prepared about the future prospects of the Hungarian retail sector by the consultants of PricewaterhouseCoopers and the students of Corvinus University. It is foreseen as a...
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Széchenyi Card 2 launched
Date: 2008-06-27 08:00:00
The two year Széchenyi Card 2 was launched by KA-VOSZ ZRt in co-operation with its partner banks, Hitelgarancia ZRt, and the Ministry of Economy and Development on 2. June. This...
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Naturalisation of brands: say and spell
Date: 2008-06-27 08:00:00
Empty Coca-Cola bottles with the letters in Cyrillic have become collectors’ items, as only bottles with Latin letters are available today. Collectors should now go to China or Korea. Foreign...
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Deutschland, Deutschland über alles!
Date: 2008-06-27 08:00:00
It is no wonder that German retailers are preparing enthusiastically for the European Cup, as the success of the World Cup held two years ago surpassed all expectations. Rewe for...
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Bottled responsibility
Date: 2008-06-27 08:00:00
Corporate social responsibility serves as the basis for not only long term planning and corporate strategy but it is also a criteria for the evaluation of management performance in Coca-Cola...
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Are we good, or are we well?
Date: 2008-06-27 08:00:00
There is a lot of resemblance between business and competitive sport. Results can be measured objectively in both. You can tell right away who is successful and who isn’t. Another...
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AMC waiting for applications for Excellent Hungarian Food trademark
Date: 2008-06-27 08:00:00
AMC is waiting for applications for the Excellent Hungarian Food trademark. The required documentation can be obtained from AMC, or downloaded from the www.amc.hu web site. AMC offers companies qualifying...
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Price of swine also rising
Date: 2008-06-27 08:00:00
Trends in the world markets of meat and poultry are monitored regularly by the Agricultural Business Research Institute (AKI). Data from the Market Price Information System (PÁIR) of KSH and...
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Product for the occasion
Date: 2008-06-27 08:00:00
One of the key words in retail is “occasion”. The nature of the product to be purchased often determines which store is visited by the customer. Occasions like Christmas, seasons...
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