Market News
Nanotechnology and other novelties
Date: 2009-08-27 08:00:00
According to the analysts of FachPack, at times of crisis technological innovation always receives more attention, with producers trying to focus on extra functions and cost efficiency. With medicinal products...
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Open to the world
Date: 2009-08-27 08:00:00
In the past few years domestic wine consumption slightly decreased, but quality wine sales augmented, together with a growing market share of bottled import wines (which is still below the...
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What is the latest on the PET-market?
Date: 2009-08-27 08:00:00
– In the EU demand for the environmentally friendly and aesthetic PET packaging is skyrocketing. Partly due to the fact that the European glass industry is struggling with a lack...
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Fragrant Mátra
Date: 2009-08-27 08:00:00
The nicest wines from the Mátra wine region are among the most fragrant in Hungary. Due to its ecological characteristics, grapes harvested in the region have a high sugar content....
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On the right way on a bumpy road
Date: 2009-08-27 08:00:00
Hungary’s product charge system has been trying to enforce the responsibility of producers for 15 years. A comparison with the systems of other EU member states would be obvious, but...
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Flying their own flags, Part 1
Date: 2009-08-27 08:00:00
According to Zsuzsa Laber, communications manager at SPAR Magyarország Kereskedelmi Kft., the private label wine selection of retail chains varies by their strategy. – Red wine is more popular than...
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Stable companies strengthen further on the promotional gift market
Date: 2009-08-27 08:00:00
When the crisis hit us, some predicted the collapse of the advertising market, saying that it would be the first sector where companies would start to economise. Others expected an...
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The Hungarian wine drinker
Date: 2009-08-27 08:00:00
Wine is a traditional drink in Hungary. Nearly half of the population over the age of 18 drinks wine. 20 percent of our compatriots drink wine at least once a...
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Printing companies and packaging
Date: 2009-08-27 08:00:00
There are still great differences between Western Europe and Hungary concerning printing services for packaging. – On the domestic market, it is mostly small ”garage” companies offering printing services to...
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The price of milk does not reduced
Date: 2009-08-27 00:06:52
Despite the fact, that from 1st July the milk and milk products’ reduced VAT will be 18 percent, the prices did not reduced, rather further increased by 1 percent, compared...
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Bio mangalica do not purchased ,while traditional pork is popular
Date: 2009-08-27 00:02:30
According to experts, the “triumph” of biomangalica is a myth. Eco- mangalica is expensive and noone pays for it domestically and abroad as well. In big volumes it is almost...
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Compared to May retail increased in June
Date: 2009-08-26 00:04:00
The volume of retail sales were below in the same period of last year, by 3.2 percent in the first half of 2009 and 2.2 percent in In June. The...
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Exuberant optimism in the United States
Date: 2009-08-26 00:03:00
According to the August survey of Confernce Board; The views on economy has improved at consumer assessment in the United States. The consumer confidence index rose from 46.6 points to...
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The consumption of cheaper wines increases
Date: 2009-08-26 00:02:00
In the first six months, the quantity of wine purchased for home consumption increased by 5 percent, compared to the same period of the previous year. But the growth has...
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The end of the recession in Germany
Date: 2009-08-26 00:01:50
In the second quarter of 2009, Germany came out of the recession with a 0.3 percent GDP growth compared to the first quarter – confirmed by the Federal Statistical Office...
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Bitter sugar confectionery: price increases are to come
Date: 2009-08-26 00:01:00
In times of the crisis chocolate improves mood, but the producers are threatening with world price increase, because the sugar and cocoa prices rose into the heavens on the world...
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The purchase of apples will start from 11 HUF per kilogram
Date: 2009-08-26 00:00:50
Agrana Juice Hungary Ltd. owning the majority of the market, started the purchasing of apple in Szabolcs-Szatmár-Bereg County. The Austrian company pays 11 HUF (4 eurocents) for the fruit to...
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Almost one hour work for a Big Mac in Budapest
Date: 2009-08-26 00:00:30
In the world's boomtowns one has to work for a Big Mac for an average of 38 minutes. In Tokyo only 12 minutes, nearly an hour in Budapest and 158...
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Households saves because of the crisis
Date: 2009-08-25 00:04:50
Nearly three-quarters of households restrained spendings because of the recession. Most of the households save on holiday, clothing, entertainment and culture – reported Népszabadság the assessment of BellResearch research company....
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The Global economic climate indicator improves significantly
Date: 2009-08-25 00:03:20
According to the Munich based Ifo market research company, in the third quarter the global economic climate will continue to improve, especially the six-month expectations appear to be promising. IFO’s ...
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Euro-zone’s industrial orders improved on monthly level
Date: 2009-08-25 00:02:50
Far beyond the preliminary expectations; Euro-zone’s industrial new orders stock level increased by 3.1 percent in June on monthly level, after the 0.5 percent decline of May. Only 1.7 percent...
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Small beer breweries suffered huge market loss
Date: 2009-08-25 00:01:00
The turnover of small beer breweries decreased by four-fifth, this year compared to the datas of the previous year. In the mid 90s 340 small breweries were in Hungary, now...
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Market in the U.S. garages
Date: 2009-08-25 00:00:30
Because of the economic crisis and the rising unemployment rate, garage markets are in bloom in the United States. More people are forced to sell their beloved belongingsin order to...
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One purchases cheap food because of the crisis
Date: 2009-08-24 00:04:00
The total turnover of the own branded products of the supermarket chains reached more than 165 billion HUF in the first six months of 2009 – states Nielsen market research...
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Ninety percent use Internet before shopping
Date: 2009-08-24 00:03:50
According to the survey of Google; almost 90 percent of the Hungarian consumers are using the internet before buying a product. About half of the users are browsing on price...
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GKI’s economic index improves for four months
Date: 2009-08-24 00:03:00
The economic outlook in August, has also improved. GKI’s economic index rising since May and already exceeds the value of last November. The expectations of each sector within the business...
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Germany has not seen such a price decline since 1987
Date: 2009-08-24 00:01:00
According to the datas of the German statistical office; the consumer prices decreased by 0.5 percent in July compared to the previous month, for the first time since the spring...
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Scottish wine can win over French wine
Date: 2009-08-24 00:00:09
More than fifty French wine and food expert, wrote an open letter that called for action against global warming. Otherwise, Scottish wine can win the battle against French wine. Because...
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Online retail is crisis free
Date: 2009-08-19 00:09:00
According to the datas of GKIeNET; more than 2400 online retail stores were operating in the first half of 2009 in Hungary. The turnover of these online stores has reached...
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Germans optimistic before the next six months
Date: 2009-08-19 00:06:30
German ZEW research institute’s prosperity, sentiment and business index for the next six month increased to 56.1 in August, from the 39.5 points July. This is the strongest improvement since...
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