Market News
Omnichannel guide
Date: 2014-11-17 02:42:13
1. Customers in a new light: not only their spending, basket composition and purchasing history defines customers but also their interaction, which can change from minute to minute. 2. Loyalty...
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Promotions: legal and tax issues
Date: 2014-11-17 02:39:40
On 4 October 2014 PwC’s Academy held its October session – in the spectacular Eiffel Palace building on Bajcsy-Zsilinszky Road – where promotion-related legal and tax issues were discussed. Dr...
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Rotomoulding: excellent performance
Date: 2014-11-16 02:46:21
Although plastic is public enemy No. 1 in the eye of many due to environmental considerations, international packaging trends reveal that this material type is developing the most dynamically. There...
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The rate of the third quarter GDP growth has surprised the analysts
Date: 2014-11-14 12:00:17
According to the flash estimate of the KSH Hungary’s gross domestic product (GDP) grew by 3.2 percent in the third quarter compared to the same period last year. The result...
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Hong Kong is open to the Hungarian meat products
Date: 2014-11-14 11:35:43
Fazekas Sándor Minister of Agriculture, who continued his program in Hong Kong, China on Friday in a special administrative zone. He talked about the effectiveness of licensing procedures for pigs...
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Artisjus: background music in stores to be obtained easier and cheaper
Date: 2014-11-14 11:19:08
The Artisjus signs a cooperation agreement with background music provider companies and also encourages to play quality music in the shops with royalty discounts – the Artisjus Hungarian Copyright Protection...
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The habitat survey to be extended to the entire Tokaj wine region
Date: 2014-11-14 11:17:22
On the basis of the agreement of the Tokai Wine Region Mountain Village Council and the Tokaj Trading House Plc., the habitat survey to be extended to the total area...
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Nearly seven hundred thousand smuggled cigarettes were seized in Budapest
Date: 2014-11-14 11:00:17
Thirty-five thousand packs of Belarus contraband cigarettes in a value of 28 million HUF were seized by the financial investigators of the National Tax and Customs Administration (NAV) in Budapest...
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Business loans: the subsidised product takes all
Date: 2014-11-14 10:15:54
It was undoubtedly the Central Bank of Hungary’s (MNB) Lending for Growth (NHP) programme that generated the biggest upturn in the corporate lending market after the middle of 2013. The...
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Companies calculate with more moderate financial results
Date: 2014-11-14 10:14:11
Financial expectations of Hungarian enterprises muted a little in comparison with the beginning of the year. On average they calculate with a 6.3-percent sales growth and a 3.8-percent increase in...
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Company heads’ personal responsibility: there is no need to panic, but they better be prepared
Date: 2014-11-14 10:10:30
Hungary’s new Civil Code entered into force on 15 March 2014 and among other things it also regulates the personal responsibility of company heads. The new law puts such big...
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OKSZ: the vast majority want Sunday opening
Date: 2014-11-13 12:10:53
The vast majority of professional organizations unanimously wanted Sunday opening at the consultation held by the Ministry of National Economy (NGM) – the National Trade Association (OKSZ) told. The ministry...
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The Opten expects a a record number of 40 thousand company terminations this year
Date: 2014-11-13 11:25:52
The number of companies to be deleted in Hungary can increase up to 40 thousand in Hungary. This is the highest value ever recorded – the Opten Informatikai Kft. press...
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A change in the eating habits of the Czechs
Date: 2014-11-13 11:05:13
The Czech population's nutrition habits have changed since the 1989 regime change. The Czechs consume less meat, bread and potatoes, but more vegetables, rice, white bread and sweets consumed. The...
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Get new customers with MVM Partner!
Date: 2014-11-13 09:10:42
MVM Partner ZRt.’s PartnerCard has nearly 100,000 potential users and this constitutes a big business opportunity for enterprises that join the programme as card accepting places. Hungarian firms’ reliable electricity...
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How did it start and where are we now?
Date: 2014-11-13 09:01:13
The first period was the one before Hungary’s accession to the European Union (1994-2004), when the main task was preparing for the challenges after accession. This period was characterised by...
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Tchibo – community coffee experience
Date: 2014-11-13 08:13:32
Per capita coffee consumption isn’t exceptionally high in Hungary, but the level of penetration and consumers’ quality expectations are high indeed. Ágnes Rajnai, marketing director of Tchibo told that we...
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Good performance from oral and body care products
Date: 2014-11-13 08:07:40
Sales improved in the 70 household chemical and cosmetics categories audited by Nielsen: values sales were up 6 percent and volume sales increased by 2 percent in the HUF 165-billion...
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Grocery retail back on form
Date: 2014-11-13 08:04:04
After the negative trends of the past five years the Nielsen Retail Index registered growth in retail volume sales in Hungary this year. In Q1 2014 volume sales were 1.6...
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Nielsen: the shopping mood of the Hungarians increased slightly in the third quarter
Date: 2014-11-12 12:00:41
Seven of ten Hungarian consumers (72%) believe that the country is currently in an economic crisis; among other things, it explains teh lower shopping mood of the Hungarians, compared to...
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KSH: agricultural producer prices decreased by 5.1 percent in September
Date: 2014-11-12 11:55:15
In September, the agricultural producer prices decreased by 5.1 percent, compared to the same period of 2013 – the Central Statistical Office (KSH) told MTI on Wednesday. According to the...
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Less and less space for new entrants on the domestic e-commerce market
Date: 2014-11-12 11:50:51
The six biggest sectors of online retail carried out 63 percent of the estimated annual turnover in the first nine months of 2014. Mostly the participants of the toy /...
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Fazekas Sándor discussed about the increase of food exports in Shanghai
Date: 2014-11-12 11:45:20
Fazekas Sándor Minister of Agriculture negotiated in Shanghai about the expansion of the export opportunities of Hungarian products to China. Fazekas Sándor also opened a major wine exhibition in Shanghai....
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The CBA is committed to keep the Sunday closure
Date: 2014-11-11 12:20:59
The reconciliation continues on the free Sunday initative of the Christian Democratic People's Party (KDNP), which can reach its final form for early December – Rétvári Bence, vice president of...
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KSH: consumer prices fell by 0.4 percent in October
Date: 2014-11-11 12:05:07
The consumer prices were an average 0.4 percent lower in October than a year earlier, while compared to September, consumer prices decreased by 0.3 percent – the Central Statistics Office...
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The share of online shopping from abroad is increasing significantly
Date: 2014-11-11 12:00:28
This year Hungarians had to pay VAT or customs duty for 42 thousand packages that were ordered from abroad. This figure shows a 60 percent growth, compared to the same...
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The law on the establishment of shopping centers may change
Date: 2014-11-11 11:59:27
The government submitted the bill amending the licensing of commercial buildings, the new law will enter into force on the first of January 2015. The proposal relates to commercial structures...
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The EP committee voted for the possibility of extending the ban on GMO legislative amendment
Date: 2014-11-11 11:45:58
The Environment and Public Health Committee of the European Parliament (EP) on Tuesday voted for the possibility of extending the ban – changing the current rules – on GMO legislative...
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The rain slows down the corn harvest
Date: 2014-11-11 11:04:49
Nearly half of the planted corn has been harvested in Komárom-Esztergom county. The works are going slowly, due to the moisture content of grains and due to the fuzarium infection...
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What to wear at the first date: the case of the ski suit
Date: 2014-11-11 01:11:14
When I am asked what to pay attention to at the first date, my answer is always this: it is like a job interview because you may only get 1...
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