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50 percent occupancy for hotels
Date: 2008-11-16 08:00:00
The total number of nights spent by foreign and domestic guests in commercial places of accommodation remained unchanged in the January-August 2008 period, compered to 2007. Revenues were up by...
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No reason to panic!
Date: 2008-11-16 08:00:00
„No reason to panic!- said the director. That’s when panic started.” (Rejtő Jenő: Vesztegzár a Grand Hotelben) This is how I see the responses to the financial crisis. Obviously, it...
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Business presents at all levels
Date: 2008-11-16 08:00:00
As Győző Sauer, managing director of 3L Present Kft says, “Giving a present feels good”. However, his colleagues responsible for buying presents would disagree, as it is not easy to...
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Sweets immune to negative trends
Date: 2008-11-16 08:00:00
Growth has remained dynamic in practically all categories of sweets. The Bonbonetti Group is present in almost all of the sweets categories and has achieved annual growth of over 10...
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Festivals enhancing champagne culture
Date: 2008-11-16 08:00:00
The market of champagne has produced moderate growth last year. No major changes in demand have occurred. However, awareness and popularity of champagnes made using methode transvasée and methode traditionnelle...
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Specialised stores up
Date: 2008-11-16 08:00:00
Retail sales totalled 1.8 percent less in July 2008, than in July 2007. Retail sales were down by 0.1 percent compared to June. Retail sales totalled HUF 3,447 billion in...
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Price waves
Date: 2008-11-16 08:00:00
As soon as the harvest of maize has begun, farmers realised that their earlier hopes had been unfounded, as only HUF 18,000 per tonne was offered for their produce. MVH...
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Gift packages in widening price range
Date: 2008-11-16 08:00:00
The season of gifts will soon be here. Brand manufacturers have been working on Christmas offers for a while. As Anikó Radosiczky, senior brand manager of Sarantis Hungary says: “No...
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Market of sweets, especially chocolate expanding
Date: 2008-11-16 08:00:00
Double digit growth took place in the market of chocolate, both in terms of value and quantity in the October 2007-September 2008 period, compared to the preceding year. Sweet biscuit,...
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The wine market: household consumption down for the first time in 2007 after many years
Date: 2008-11-16 08:00:00
Rising average prices, less frequent and smaller purchases were the main trends in the Hungarian market of wine in 2007, according to data from GfK Hungária ConsumerScan. Cheap wine is...
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Food export down
Date: 2008-11-16 08:00:00
In the January-July 2008 period, export was up by 10 percent while import expanded by 11 percent, compared to the same period in 2007. According to KSH data, the balance...
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Mio: up-dated and integrated
Date: 2008-11-16 08:00:00
Free updates for the MioMap 2008 and Mio More Desktop software have been made available by Mio for its users. Owners of Mio Moov 200, 300, and 330 can now...
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Another difficult year for the food industry
Date: 2008-11-16 08:00:00
According to Attila Boródi, chairman of the National Association of Food Processing Enterprises (ÉFOSZ), 2007 was a very difficult year for the food industry and 2008 looks even more difficult....
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New types of flour for maintaining health
Date: 2008-11-16 08:00:00
Per capita grain consumption in Hungary has been stable in recent years, with minor fluctuations, at 87-90 kg/year. there is still a lot of surplus production capacity in this market....
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Growing market share for bitter and palinka
Date: 2008-11-16 08:00:00
Retail sales of spirits increased by 8 percent in the August 2007- July 2008 period, compared to the preceding year, reaching HUF 72 billion. Sales in terms of quantity increased...
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Grain prices down
Date: 2008-11-16 08:00:00
Agricultural supply prices were up by 2,7 percent in August 2008, compared to August 2007. The average price of plant products was down by 4,6 percent, while that of livestock...
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The value of reputation
Date: 2008-11-16 08:00:00
According to a survey conducted by Weber Shandwick with Figyelő and Szonda Ipsos, reputation is estimated by Hungarian CEO-s to account for 50 percent of market value. This is less...
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“Minus zero” instead of “plus zero” for the meat sector
Date: 2008-11-16 08:00:00
The number of meat processing enterprises has dropped from more then 500 to 350 within a few years, while concentration has continued in the sector. – Major changes have taken...
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Croissants and French rolls still most popular bakery products
Date: 2008-11-16 08:00:00
Nine out of ten people like croissants and French rolls and eight out of ten also like white bread, according to a survey of eating habits conducted by GfK Hungária...
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Bar code? RFID? Or both?
Date: 2008-11-16 08:00:00
Bar code has been used for such a long time that we do not even realise how ingenious this technology is. However, a challenger has appeared in the shape of...
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Romanians still shopping enthusiastically
Date: 2008-11-16 08:00:00
According to an Eurostat estimate, retail sales in the EU 27 countries totalled 1,1 percent less in July 2008, than a year before. Retail sales produced the fastest growth in...
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Prices jump up in Latvia
Date: 2008-11-13 00:00:00
In the 27 member states of EU according to the harmonized data the annual inflation was 4.2% in September 2008 compared to September 2007. The lowest annual rates were observed...
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Solid grow at the consumer prices
Date: 2008-11-13 00:00:00
In October 2008 consumer prices increased by 0.2% compared to the previous month and rose by 5.1% compared to October 2007. In the first ten months of 2008 the average...
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Bent cucumbers can be sold by retailers from next July
Date: 2008-11-13 00:00:00
End to minimum shapes and sizes for 26 fruits and vegetables, such as aubergines and apricots, cherries, garlic, leeks, peas, spinach and watermelons. But 10 standards will remain. Misshapen fruit...
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Retailers Association Expects Flat Sales Next Year in Germany
Date: 2008-11-11 00:00:00
HDE, the German retailers’ association, has announced that it expects sales at stagnate in 2009, but said it expects them to be good during the upcoming Christmas season. The Wirtschaftswoche...
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The financial balance improves, but the GDP stagnates in 2009
Date: 2008-11-10 00:00:00
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that in the radically changed global economic environment the Hungarian economy takes a completely new path...
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The trade balance deteriorated
Date: 2008-11-10 00:00:00
In September 2008, according to first estimates of Central Statistic Office, exports amounted to HUF 1,612 billion (EUR 6,724 million), while the value of imports reached HUF 1,576 billion (EUR...
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European Consumers Spill the Beans on Food Labelling
Date: 2008-11-06 00:00:00
The study questions 17,300 people in France, Germany, Hungary, Poland, Sweden and the UK, both in supermarkets and at home, and finds on average 18% of Europeans (27% in UK,...
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Research – month to months more privat label products in the leaflets
Date: 2008-11-06 00:00:00
According to GfK Hungaria the leaflets are since many years very popular. The research company observs the leaflets of the retail sector since 2003, the biggest adviser are in...
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