Market News
The government is against the abuse of dominance
Date: 2010-07-06 08:00:00
There is a chapter in the new government’s programme called ‘Measures against the abuse of dominance and monopolies’, which states that in a market competition the better wins if there...
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New marketing and advertising directors at Árukereső
Date: 2010-07-06 08:00:00
From May 2010, István Rácz is the new marketing director of arukereso.hu Kft. The new position was created recently as a result of the price comparison site‘s dynamic growth. As...
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Growth in external demand surpasses domestic demand growth
Date: 2010-07-06 08:00:00
According to a forecast by GKI Gazdaságkutató Zrt. and Erste Bank, technically the recession ended in the 1st quarter of 2010 in Hungary as well and a 1-percent economic growth...
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Help came the second time as well
Date: 2010-07-06 08:00:00
After the big rains in June, several companies rushed to help flood victims. Szentkirályi Ásványvíz Kft. and the Hungarian Red Cross transported 54,000 litres of mineral water to villages in...
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In April Hungary was on top of the EU’s inflation list again
Date: 2010-07-06 08:00:00
In April 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in April 2009. While prices decreased in Latvia (by 2.8 percent), the biggest...
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Free research tool for advertisers and agencies
Date: 2010-07-06 08:00:00
IAB Europe and Google will launch a service called Consumer Commerce Barometer (CCB), which provides agencies and advertisers with consumer data. CCB is a free on-line research tool that relies...
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‘It is ending precisely now…’ (Part 3)
Date: 2010-07-06 08:00:00
This new, 6-part series by Trade magazin and GfK Hungária Market Research Institute focuses on price trends, pricing policies and consumer expectations in terms of price. Last time we examined...
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Franchising works well in Hungary
Date: 2010-07-06 08:00:00
According to data from the Hungarian Franchise Association, 18,000 enterprises are members of the 340 franchise networks in Hungary – we are ahead of the neighbouring countries. A well-organised franchise...
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Declining sales by discount stores in the Czech Republic
Date: 2010-07-06 08:00:00
In the first qarter of 2010, value sales in food retail decreased by 3.2 percent in the Czech Republic (in Hungary by 3.5 percent), while volume sales diminished by 2.8...
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Chain reaction
Date: 2010-07-06 08:00:00
If I say franchise in Hungary, nine out of ten people think of catering. Truth is that in catering most are not aware of the advantages offered by franchising. Franchising...
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Prices of seasonal food products boosted inflation
Date: 2010-07-06 08:00:00
Compared with the previous month, the average consumer price increase was 0.9 percent in May 2010, but compared with May 2009 prices were up by 5.1 percent. KSH’s quick report...
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Growing spending
Date: 2010-07-06 08:00:00
Between 31 May and 6 June the average daily spending by consumers was USD 80, the highest since the economic crisis broke out in December 2008 – reported Gallup on...
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Food product export reduced
Date: 2010-07-06 08:00:00
According to KSH, in January-March 2010 the volume of export improved by 16 percent and that of export grew by 13 percent in comparison with the same period a year...
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Food exports falling
Date: 2010-07-06 00:02:59
The trade balance is still improving, but already there are signs in the improvement of the internal demand. The export-import gap is narrower than last year: exports improved by 16.8,...
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Euro area’s retail sales increased in April, following a decline
Date: 2010-07-06 00:02:01
According to the report of Eurostat; Retail sales rose in May in the euro area, after the significant decline of April. Retail sales rose by 0.2 percent in May compared...
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The Liegl & Dachser remains one of the leading freight forwarding and logistics company
Date: 2010-07-06 00:01:01
The Pilisvörösvár based Liegl & Dachser continues to take part seriously in the successful recovery of the Hungarian economy and its Hungarian headquarter’s development – said Engelbert Liegl, company founder....
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Food prices are expected to increase
Date: 2010-07-05 00:02:49
On average, about two-fold increase occured in the prices of fruits and vegetables, compared to last year, while dairy and bakery products may become expensive. Dairy products may increase by...
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Food cheapest in Poland, alcohol in Romania
Date: 2010-07-05 00:01:31
If it would be possible to travel through the continent from one end to another within a few hours, the citizens of the union would probably purchase in Eastern Europe....
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The Wine Marketing Community launched a wine and soda bus
Date: 2010-07-05 00:00:18
The wine and soda bus has been launched by the Wine Marketing Community, in order to promote local wines. The wine and soda bus, which aims to promote wine and...
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Food labeling requirements to change from 1st July
Date: 2010-07-02 00:02:32
The National Trade Association (Országos Kereskedelmi Szövetség) has informed MTI Hungarian News Agency Corp. that regulations for the indication of preservation and expiry date will change from the beginning of...
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Euro-leaf logo for organic food
Date: 2010-07-02 00:00:59
It will be compulsory to display he EU’s ecological logo on all pre-packaged organic food produced within the European Union from the 1st July, 2010. Besides the logo referred to...
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Recession has afflicted at least half of the workforce has been in the US
Date: 2010-07-02 00:00:19
More than half of the workforce has been hit by the recession in the US. Those concerned have lost their jobs, their salaries and the amount of working hours have...
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German retail finally growing
Date: 2010-07-02 00:00:08
Retail trade has grown for the first time after three months in Germany, strengthening the hopes of the stabilisation of domestic consumption. According to analysts, the reason behind the growth...
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There is a high demand for consumer credit
Date: 2010-07-01 00:01:44
Low-interest, revolving credit, fast and less administration and simple pre-qualification – these aspects are considered to be important for a client applying for customer loans – it is revealed from...
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We are eating healthier according to KSH
Date: 2010-07-01 00:01:20
Less fat, more vegetables and fruits – KSH (Hungarian Central Statistical Office) reports that we have come closer to the rates of healthy nutrition pyramid in the last years. According...
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FIFA World Cup revives sport related markets
Date: 2010-07-01 00:00:28
The World Cup does not only affect the market of flat panel tv sets, but also sportswear supply and sales – it is revealed in the data gathered by the...
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Sága-research on Hungarian women – less housework and more time with the family
Date: 2010-07-01 00:00:12
The study made by Sága Foods Plc. reveals that seven out of ten women wishes to spend less time with cooking and more time with her family. The aim of...
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E-bills can save us a trillion
Date: 2010-06-30 00:04:39
If the Hungarian companies switched to e-billing, our economy would get rid of 400 millions of paper bills and it could evade a cost of four billion euros with savings...
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Shopping addict men
Date: 2010-06-30 00:03:59
A German study claims that men can also become shopping addicts. The logos stimulated the rewarding system brain areas. Scientists have analyzed the brain activities of men susceptible of shopping...
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The EU about to export fruit more easily to Russia
Date: 2010-06-30 00:03:29
The European Union has made a revolutionary agreement with Russia – they have unified the regulations regarding the maximum allowed amount of pesticides in food. The agreement concerns fruits like...
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