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The number of late loan repayers has been significantly increased

At the end of March 24 thousand companies had their credibility in late, compared to the same period of last year's , 18 thousand – reports MTI. The rate of...

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Marketing against the crisis

Not only the big but also the small and medium-sized companies are also interested in building out and developing its own customer database. The widely used marketing tools can extend...

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Thee decline in the Hungarian food retail market has been stopped

According to Nielsen market research company's analysis of twenty European countries, the Hungarian food retail sales volume of goods remained stable in the first quarter of the year compared to...

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The Hungarian economy has been increased in May

According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...

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No need to re-authorize the cash registers

The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...

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Dry weather is bad for agriculture

Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...

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Consumer confidence in the United States is improving

The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...

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Save and invest rather than taking up loans

The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...

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Bank guarantee program to help food processors

The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...

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One of the big loser of the crisis is the meat industry

According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...

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Decreasing prices at Slovakian retailers

After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...

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Good news from France: In April private consumption has been increased

Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...

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Stores can do a lot to boost sales of ice tea

Experts are looking forward to this year’s ice tea season with cautious optimism in spite of the recession. The market of ice tea is still dominated by traditional lemon and...

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Hungarian origin increasingly important

The freshness and good quality of products continue to remain the primary considerations for consumers, while price remains the second most important. According to the GfK Hungária Shopping Monitor and...

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Lemon ice tea becoming even more popular

According to the GfK Hungária ConsumerScan, growth of the ice tea market continued both in terms of quantity and value in the first quarter of 2009. The market was still...

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Fewer guests in the beginning of the year

The number of foreign guests served by commercial accommodation providers was down by 19 percent in January-March, compared to the same period in 2008, while the same number for domestic...

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Annual sales approaching HUF 40 billion

Retail sales of household paper products were up by 8 percent in terms of value in the March 2008-February 2009 period, compared to the previous year. Retail sales totalled more...

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Price rise in the food industry

Domestic industrial prices were down by 0.7 percent in February 2009, compared to January and up by 4.6 percent, compared to March 2008. Industrial export prices were up by 12.2...

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Innovation apart from price might also be a guarantee of the future

Paper tissue has been the most dynamically growing segment in the domestic market of household paper products in recent years. Dry tissue is used for removing wet and greasy stains...

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Food retail still dropping

Retail sales were down by 3.2 percent in February 2009, compared to the same month in 2008 and by 0.5 percent, compared to January. Retail sales totalled HUF 958 billion...

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Who is going to have the biggest slice?

Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...

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Shower gel improving it position in the top 5

Retail sales of shower gel were up by 5 percent in terms of value in the March 2008-February 2009 period, compared to the preceding year, with sales exceeding HUF 14...

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Food prices dropping except for seasonal ones

Food prices were up by 0.4 percent in April, compared to March. Seasonal prices like potato, fresh vegetables and fruits rose. The same happened to sausages, chocolate and poultry. The...

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Five candles

Following the disappearance of borders five years ago, the flood of imported food came as a shock to the local food industry. Today, imported products account for nearly 30 percent...

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Adam in the focus, following Eve

An increasing number of products intended for men are appearing in the shower gel and body lotion category, previously regarded as rather feminine. The category continues to produce annual growth...

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No boom foreseen by Atradius for next year

Forecasts predicting a boom for 2010 are not considered to be reliable by Atradius. The credit insurance company expects recession to continue in 2010 as well. According to their country...

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Fragrance marketing entering Hungary

Mood Media has begun to offer fragrance marketing services in Hungary as well, in co-operation with their European partner Ambius. The injection of fragrance particles into the air is controlled...

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Importance of outsourcing felt by many now

There is no need to prove that the logistic sector has been hit very hard by the recession. Logistic enterprises are forced to grant substantial discounts to their clients in...

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Change in VAT to have little effect on inflation

According to a study by KOPINT-TÁRKI Konjunktúra Kutató Zrt. and Agrár Európa Tanácsadó Kft., food inflation is expected to be significantly lower in 2009 than a year ago owing to...

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Regional differences in growth

Rates of growth for sales of leading food categories in the April 2008-March 2009 period. Notes: 1. Sales of the 90 categories monitored by Nielsen showed average growth of 6...

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