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Magazine: Energy drink distributors chose the price war
Date: 2012-03-06 13:00:32
Despite the government’s decision to impose a public health product fee (NETA), the price of energy drinks did not increase yet. Instead a fierce market competition, a price war started...
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KSH: last year’s GDP was 4 percent smaller than in 2008
Date: 2012-03-06 13:00:02
According to the joint flash estimate of KSH and Ecostat, Hungary's gross domestic product (GDP) rose by 1.7 percent in 2011, but despite the growth, the performance of the economy...
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Long-term egg shortage to come?
Date: 2012-03-06 12:59:48
Eggs can be twice as expensive this year’s Easter than a year ago. No matter how incredible it is, Hungarians should prepare for a long-term egg shortage in Hungary, the...
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Agriculture is the Engine of Investments
Date: 2012-03-06 12:45:09
Agricultural investments rose significantly by 11.7 percent in 2011. Investment in the processing and food industries also increased by more than 24 percent. The increasing willingness to invest is due...
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Video Purchasing to start in China
Date: 2012-03-06 12:01:08
From the next week, the Chinese customers can purchase by clicking on products in videos at the largest virtual market place. The e-commerce market leader, the Alibaba Group introduces a...
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One million dollars to anyone who serves the artificial grilled chicken first
Date: 2012-03-05 12:41:25
Special dishes will be served June this year at an unusual food competition in Washington, where the chefs this time will be physiologists and biologists, while the grand prize will...
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Sheep and beef cattle breeding support program was launched
Date: 2012-03-05 12:40:30
Ruminant restructuring program was launched. The new scheme is expected to affect 12 thousand farmers – mainly sheep and beef cattle breeders – who can claim for a total of...
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Food Safety – 13.6 million HUF fines in Veszprém county last year
Date: 2012-03-05 12:35:22
13.6 million HUF food chain surveillance and food inspection fines were imposed by the Food Chain and Animal Health Directorate of the Veszprém County Government in 2011 –Székelyhídi László, the...
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Volume of retail trade up by 0.3% in euro area
Date: 2012-03-05 12:05:58
In January 2012 compared with December 2011, the volume of retail trade1 grew by 0.3% in the euro area2 (EA17) and by 0.4% in the EU272. In December3 retail trade...
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Cattle Exports to Turkey Resume
Date: 2012-03-05 11:59:11
According to information received by the relevant Hungarian authority, Turkey is to revoke its ban on livestock imports from Hungary. The Turkish party has accepted the Hungarian authority's package of...
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GKI: Another about-face?
Date: 2012-03-05 10:56:04
Three and a half months after the announcement of the resumption of contacts with the IMF no agreement has been reached, not even about the opening of official negotiations. Hungary’s...
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Hard times for the U.S. shopping centers
Date: 2012-03-05 08:57:57
The shopping centers once were the centers of retail shopping, now they became the memorials of the “ancient” consumer habits. They already had some problems previously, but these days the...
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What on earth are we doing in consumers’ homes?
Date: 2012-03-05 00:12:52
Although different methods are used, quantitative and qualitative researches examine the same thing. This is the reason why it is worth integrating the information uncovered by these two types of...
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Future Store at FOODAPEST (part 1)
Date: 2012-03-05 00:02:37
More than 900 trade visitors ‘liked’ Future Store at FOODAPEST between 5 and 8 February. Trade magazin and Trade Marketing Club’s joint project created a store with 350m² of floor...
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Record spending on Valentine’s Day in the USA
Date: 2012-03-04 23:53:20
The average American spent USD 126.03 on Valentine’s Day – reported BIGinsight (USA); this constitutes an 8.5 increase from last year and is the by far the highest in the...
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Independent stores in Walmart units
Date: 2012-03-04 23:49:22
Walmart is the world’s number one retailer. With sales of USD 419 billion last year and 9,700 stores in 28 countries. This is why it is a significant step that...
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Domestic POPAI news
Date: 2012-03-04 23:45:40
Upon the invitation of POPAI Hungary, POPAI Italy’s general manager Massimo Volpe spent three days in Hungary from 15 February. On the fist day he spoke at a POPAI forum...
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Selling cake the creative way
Date: 2012-03-04 23:09:52
János Pataki ceremonially announced at UKBA that they are going to launch a big campaign, starting on 1 March. Its main objective is to bring customers back to confectioneries. The...
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AMC focused on two successful programmes at their stands
Date: 2012-03-04 22:54:30
Agricultural Marketing Centre came to FOODAPEST and UKBA with two stands on 300m², facilitating the presence of Quality Product from Hungary manufacturers and of companies that joined the Traditions-Flavours-Regions initiative....
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After the big day out
Date: 2012-03-04 22:48:38
Hungexpo organised FOODAPEST and UKBA together on 5-8 February. Despite the cold weather more than 11,500 people visited the event, where nearly 200 exhibitors showcased their products and services on...
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Greece: how economic crisis affects consumption
Date: 2012-03-04 22:33:37
According to the results of a Nielsen survey, in the last quarter of 2011 89 percent of Greeks were of the opinion that their country was in economic recession. Somewhat...
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Hungary’s agricultural foreign trade and the German market
Date: 2012-03-04 22:30:16
In 2011 our agricultural export expanded much more rapidly than national economic export in general. One of the they key drivers in this expansion was the German market, which with...
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Drugstores bettered their position
Date: 2012-03-04 22:25:07
Household chemicals and cosmetics retail sales amounted to HUF 300 billion last year – no change from 2010 – and a 2-percent decrease was measured in terms of volume sales...
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More products advertised in fewer promotional leaflets
Date: 2012-03-04 22:21:49
GfK Hungária’s Leaflet Monitor data from 2011 indicate that retailers advertise a growing number of products in less and less leaflets: last year 1,144 leaflets were published, while back in...
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Grüne Woche in Berlin – Prices are rising but where will they stop?
Date: 2012-03-02 23:34:16
A political record: the agricultural ministers of 64 countries, including Hungary’s minister of rural development Sándor Fazekas, took part in the global food forum held at Grüne Woche in Berlin....
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Industrial production prices slightly dropped in December
Date: 2012-03-02 17:41:27
As a result of changes in domestic and export prices, industrial production prices fell 0.5 percent in December from the previous month. In 2011 industrial production prices augmented by 4.2...
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Drastic downturn in Hungary’s banana export
Date: 2012-03-02 17:38:38
Data from the latest report of the Agricultural Economics Research Institute (AKI) reveal that the price of pig rose on the world market in 2011. In Hungary the production price...
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Further reduction in the number of public sector employees
Date: 2012-03-02 17:30:22
At enterprises employing at least 5 people, budgetary institutions and observed non-profit organisations 2,694,000 people were employed in January-November 2011 – 8,000 less than a year earlier. In the same...
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KSH: increase in food, beverages and tobacco imports
Date: 2012-03-02 13:50:47
The Central Statistical Office (KSH) registered a double-digit growth in foreign trade’s forint and foreign exchange values, due to the demand in automotive trade last year. The Central Statistical Office...
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Minimum wage: is it too much or too low?
Date: 2012-03-02 13:00:12
EUROSTAT’s recent survey shows a deplorable picture of Hungary. According to the surcvey; the amount of the current minimum wage in Hungary is much smaller than the available monthly minimum...
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