Market News
Warm vodka and sweating women
Date: 2007-08-29 08:00:00
Using conventional consumer surveys, Univer had failed to increase its sales in the Russian market as expected. They have however, found another method which can help to form a realistic...
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Reliability, quality
Date: 2007-08-29 08:00:00
The significance of excellent quality and reliability cannot be over-emphasised. The long term prospects of enterprises in the food business depend on these factors. Our ability to adapt to changing...
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Excellent health among yoghurts
Date: 2007-08-29 08:00:00
Manufacturers have succeeded in linking yoghurts with the concept of health in the minds of consumers. Health-focused sub-brands are evidence of this success. Market data from Nielsen reveals favourable trends...
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HUF 1 400 per year for air fragrances
Date: 2007-08-29 08:00:00
According to data from GfK Hungária ConsumerScan , nearly half of Hungarian households bought some type of air fragrance in 2006. Regarding household income, those with at least a medium...
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Customers as accomplices
Date: 2007-08-29 08:00:00
If you have purchased a branded piece of clothing in the Italian black market lately, you are probably aware of the risk you have taken. Nowadays, it is not only...
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Channel and chain specific domestic trade marketing
Date: 2007-08-29 08:00:00
According to research and analysis by Nielsen, price discounts are not sufficient by themselves to promote sales. Discounts also need to be advertised inside and outside the stores. The ScanTrack...
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Meat products pulling prices up
Date: 2007-08-29 08:00:00
Consumer prices rose by 0,4 per cent in June 2007 and were 8,6 per cent up compared to June 2006. Prices were on average 8,6 per cent higher in the...
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Continuous administration with difficulties
Date: 2007-08-29 00:00:00
The Tax Office (APEH) collected Ft 73.2 billion ($384 million) from fees in the first seven months of the year; Ft 31.5 billion ($165.6 million) of the sum was channeled...
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HUF 13.5 million penalties in case of guar gum
Date: 2007-08-29 00:00:00
Some of the company reported lately or not, or were behind the time with the revocation or worked not together with the authorities. In the last 6 weeks there were...
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Plans for a Stronger Customer Protection
Date: 2007-08-28 00:00:00
The Customer Protection Directorate, to merge with regional offices into a new National Customer Protection Authority from September 1 this year, will hire more staff from January 2008, Prime Minister...
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The NBH upped its 2007 CPI
Date: 2007-08-28 00:00:00
The National Bank of Hungary is waiting 7.6% yearly inflation wich is 0.3% higer as the prognosis of Mai. The primarily warranted by rising oil and food prices. Next year's...
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The label is only a form?
Date: 2007-08-28 00:00:00
Some manufacturers are deliberately 'hoodwinking' consumers over salt content, claims a new report from UK regulators. There is concern that consumers are being hookwinked and misled by some manufacturers who...
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Guargum monitoring and penalty in Hungary
Date: 2007-08-27 00:00:00
Authorities bound 90 products withdrawal in the domestic retail. There is a list on the authority's website with almost 200 firm name, which use dioxin tainted guargum, but only few...
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Less sales in small stores, in the hypermarkets the result is not so negative
Date: 2007-08-27 00:00:00
In June the fall of retail sales continued. Compared to the previous month the volume of retail sales adjusted for seasonal and calendar effects fell by 0.4%. It is 3.6%...
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Another outbreak of swine fever in Romania
Date: 2007-08-24 00:00:00
It was the third outbreak in the country in recent weeks and the second on a farm owned by Smithfield Foods Inc. The disease was found this week on a...
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No merge, but collective purchase
Date: 2007-08-24 00:00:00
There is a reconciliation between Co-op and Real Hungaria retail chains about a purchase cooperation. The former new about the merge of the two companies was confuted, but the now...
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Cheap norse salmon on the borders?
Date: 2007-08-24 00:00:00
Norway and EU is hopping a positiv answer from the WTO. There has been a shocked reaction to claims from the Norwegian state broadcaster, Norwegian Broadcasting Corporation (NRK), that the...
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Russia bans Italian poultry to stop bird flu
Date: 2007-08-23 00:00:00
Russia banned poultry imports from Italy starting Monday to prevent the spread of the bird flu virus after outbreaks in the EU member state. An outbreak of low pathogenic...
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Chinese food meet the standars
Date: 2007-08-21 00:00:00
More than 99 percent of China's food exports meet U.S., European Union and Japanese standards, according to a White Paper policy proposal released by the information office of China's cabinet....
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From 2009 no more Nickelodeon figures in junk food ads
Date: 2007-08-21 00:00:00
Nickelodeon in pledging to limit the use of its characters on food packaging and promotional tie-ins when it targets kids under 12–unless the product meets certain healthy-living standards. Nickelodeon, which...
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HUF 87.5 billion general government deficit in August
Date: 2007-08-17 00:00:00
The ministry left its estimation for the entire year 2007 unchanged at HUF 1,529 billion, or 6.0% of GDP (cash-based figure without local municipality budgets). As expected, Hungary had HUF...
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E.Coli Outbreak in Scotland
Date: 2007-08-15 00:00:00
One person died, and two others were hospitalized. A new case of e.coli was confirmed in Ireland, where a woman was hospitalized. William Morrison Supermarkets Plc, the U.K. food...
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Newest control wave at Lake-Balaton
Date: 2007-08-15 00:00:00
Not only the invoices will be checked, but the employment method will be controlled too. This week the supervisors of the Hungarian Tax and Financial Control Administration are operating together...
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No decrease in inflation rate in July
Date: 2007-08-15 00:00:00
The consumer price-level hasn't changed since June, it's 8.4% higher as one year ago – said KSH yesterday. The inflation for retirees was 11.4% higher on yr/yr basis, but 0.1%...
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