Market News
Spar considers the new rules compatible with the international experiences
The Spar Magyarország Kereskedelmi Kft, the subsidiary of Spar Austria considers the new rules on opening hours compatible with the international experiences – the company announced on Friday. The new...
Read more
The frozen vegetable and fruit consumption is growing slowly
Hungarians consume 4-5 kilograms of frozen vegetables and fruits a year per capita. The consumption is growing slowly. According to the survey the cooking habits affected by convenience are favorable...
Read moreIn February, 4153 companies ceased to exist in Hungary. In the first two months, a total of 8367 consolidations and concentrations are taking place in the company world – the figures of Opten business information provider reveal.
In February, 4153 companies ceased to exist in Hungary. In the first two months, a total of 8367 consolidations and concentrations are taking place in the company world – the...
Read more
Everything that influences shopping decisions
Nielsen’s complex marketing mix model is suitable for analysing many aspects in addition to price, when it comes to influencing store sales. It is noteworthy that store choice drivers are...
Read more
Magazine: The story of how they met: Hajnalka and István
‘In the spring of 2014 I decided to ask for the help of a professional to find the right man for me, someone I could start a family with. By...
Read more
The favorable trend in food retailing continues
Between February 2014 and January 2015, the Hungarian retail reached 1 480 billion HUF turnover, which is 5 percent more than in the same period of the previous year. At...
Read moreThe government would extend the Sunday opening ban on the world heritage sites as well
The government discusses the amendments on the Sunday working ban on the retail sector on Wednesday – Giró-Szász András told. The Minister of State for Government Communication told at Wednesday's...
Read more
The European Commission has launched an investigation in the advertising tax case
The European Commission launched a so-called in-depth investigation in the case of the advertising tax that was introduced last year in Hungary – the EC announced on Thursday in Brussels....
Read more
Deloitte: the Hungarian population is more optimistic about finances
The Hungarian population is slightly more optimistic regarding finances, as it was in early 2012 – the joint survey of the Deloitte financial advisory firm and the Scale Research pollster...
Read more
Sixty-seven million HUF worth counterfeit shoes were seized by the finance guards
About 67 million HUF, fake branded shoes were found by the finance officers in a Hungarian lorry near Rajka – the National Tax and Customs Administration (NAV) told MTI on...
Read more
Something has to be done to increase sales
Social and political changes both have their influence on consumer behaviour. When sales in a certain category or of a brand start falling, market players realise that something has to...
Read more
Hypermarket
There are 170 hypermarkets in Hungary and between December 2013 and November 2014 they sold more than HUF 400 billion worth of grocery products in the 90 categories audited by...
Read more
Magazin: Global consumer trends in 2015
In January 2015 Euromonitor International’s webinar series was trying to find the answer to the question: How the combination of the ‘real world’ and online solutions influences shopping decisions? 1....
Read moreThe rebound in household consumption may increase imports
Analysts interviewed by MTI told that due to the stronger household consumption, they expect a stronger growth in imports. According to the Central Statistical Office’s (KSH) first estimate released on...
Read more
KSH: foreign trade surplus may be close to 700 million euros in January
In January, the export surplus increased to 691 million euros from the 345 million euros of December and was 184 million euros higher than the previous year’s 507 million euros...
Read more
The elimination of the avian flu epidemic cost about 200 million HUF in Füzesgyarmat
More than 161 thousand ducks were killed in Füzesgyarmat, due to the detected avian influenza virus. The elimination of the epidemic cost about 200 million HUF – the Ministry of...
Read more
The new market in Budafok is under construction
The construction of the new market has started on Wednesday in the middle of the 22nd District. Karsay Ferenc (Fidesz-KDNP), mayor of the district informed MTI that the old market...
Read more
A biologist was managed to cultivate truffles in Britain
The first truffle to have been cultivated on UK soil has been harvested from a field in Leicestershire, according to a plant biologist. Dr Paul Thomas planted the fungus on...
Read more
Contaminated foods were seized in a plant in Tolna county
The National Food Chain Safety Office (Nébih) seized one hundred tons of unknown origin, unmarked, contaminated food products, mainly vegetable flour in a plant in Tolna county. The NÉBIH in...
Read more
The living dead: How the burnout syndrome keeps taking lives?
Many people suffer from burnout and this illness signals that it is time one made changes in their life! We could say that untreated distress is the mother of the...
Read more
Joining forces to help people living with flour sensitivity
A new European Union directive entered into force on 13 December, which makes it compulsory to inform consumers properly about the food they buy. This detailed information providing also includes...
Read moreThe Food Act to be amended
The amendment proposal of the act on the food chain and about its control is ready. According to the amendment it will be possible to appeal against the alleged classification...
Read moreKSH: consumer prices fell by 1.0 percent in February
The consumer prices fell by 1.0 percent in February, compared to the same month of 2014, while compared to the previous month, consumer prices increased by 0.5 percent for the...
Read more
SME investment willingness is uncertain
The investment willingness of the SMEs declined again. At the end of the year, 56 percent of the CEOs planned some improvements. This seems to break the positive upward trend....
Read more
Fazekas: the proportion of Hungarian products has increased in the domestic market
The demand for Hungarian food products has steadily increased in the domestic stores. The proportion of Hungarian products in 2010 was 75 percent on the market, it has now grown...
Read more
The EP accepted the cap on credit and debit card fees
The European Parliament has backed a deal to cap the fees retailers pay to process debit and credit card transactions, which EU officials say will mean savings for customers. Use...
Read more
Manpower: 18 percent of the employers plan recruitments
According to Manpower’s recent representative survey, eighteen percent of the employers plan to increase staff in the next three months. The highest recruitment rate is experienced in the construction and...
Read moreThe soft wheat crop may be smaller this year in the EU
The European Union’s soft wheat harvest this year will be 141.5 million tonnes, lower than last year's record of 148.2 million tonnes, when the weather was very favorable. The European...
Read more
What can we expect from the Hungarian economy in 2015?
Hungarian daily Világgazdaság organised an economic conference, titled ‘2015: restructuring markets, new owners’, where experts discussed the state of play and the challenges of 2015 in Hungary. The conference started...
Read more