Market News

Deutschland, Deutschland über alles!

It is no wonder that German retailers are preparing enthusiastically for the European Cup, as the success of the World Cup held two years ago surpassed all expectations. Rewe for...

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Bottled responsibility

Corporate social responsibility serves as the basis for not only long term planning and corporate strategy but it is also a criteria for the evaluation of management performance in Coca-Cola...

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Shanghai

Regarding business, Shanghai enjoys far more significance the Beijing. The city was opened to foreign merchants in 1842 following the first opium war. Population reached 1 million by 1900. After...

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Are we good, or are we well?

There is a lot of resemblance between business and competitive sport. Results can be measured objectively in both. You can tell right away who is successful and who isn’t. Another...

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AMC waiting for applications for Excellent Hungarian Food trademark

AMC is waiting for applications for the Excellent Hungarian Food trademark. The required documentation can be obtained from AMC, or downloaded from the www.amc.hu web site. AMC offers companies qualifying...

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Price of swine also rising

Trends in the world markets of meat and poultry are monitored regularly by the Agricultural Business Research Institute (AKI). Data from the Market Price Information System (PÁIR) of KSH and...

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Product for the occasion

One of the key words in retail is “occasion”. The nature of the product to be purchased often determines which store is visited by the customer. Occasions like Christmas, seasons...

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Energy drinks still going strong

Retail sales of energy and sport drinks totalled HUF 8,3 billion in 2007. This category is among those producing the biggest expansion. Retail sales increased by 60 per cent in...

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Little change in the tourist package

According to KSH data, shopping accounted for over half of the amount spent by visitors coming to Hungary for only one day in the first quarter of 2008. Accommodation and...

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Packaging in three steps – part 2: The letter

This is something we had to learn. We had about 5,000 years to learn. Even private labels have developed typographic characteristics specific to their category now, which is good if...

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Energy replenishment an everyday need

Apart form a general boom in the market of energy drinks, quality is becoming increasingly preferred. The expansion of private labels has slowed down and though the position of tutti-frutti...

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Real incomes rising in competitive sector

According to a forecast by GKI Gazdaságkutató Zrt prepared with the cooperation of Erste Bank, data from the first quarter of the year seems to confirm expectations that economic growth...

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Increasing promotional spending in the US

According to a Nielsen survey conducted in the US, an increasing number of manufacturing enterprises use promotions. Both manufacturers and retailers want promotions to be effective. Both sides regard a...

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Hungarians Drunk More Milk

In the first quater of 2008 the milk consumption grow, but people buy less „light” 1.5% milk and because of price, more 2.9% milk.  According to GfK's ConsumerScan research the...

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Domestic sales prices of industry rose by 11.7%

Export sales prices of industry, measured in HUF, decreased by 2.2% compared to the previous month and slightly, by 0.1% compared to the corresponding month of the previous year.  ...

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New tax stamp for alcohol drinks from July

The inspector can control the information on the tax stamps with a laptop and a bar-code reader direct in the store.   After the electronic data recording the product's way...

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It isn't worth not to pay the TV tax

The penalty is insignificant, but it has no sense therefore to come tax authorithy's horizon.   After nowadays rules TV tax must to pay for Hungarian Tax Authority, but first...

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1% fall in EU27's retail

For the eurozone countries the decrease was by 2.9% compared with the same month a year ago.   According to a Eurostat the highest increases were observed in Romania (18%)...

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In April the domestic retail turnover exceeded HUF 508 billion

Compared to the previous month, the volume of retail sales increased by 0.4% according to seasonally and calendar adjusted data.   According to calendar adjusted data, the volume of retail...

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EU farm union sees higher 2008-09 cereals harvest

European Union farmers should harvest 293.32 million tonnes of cereals in the 2008-09 (July-June) crop year, up from the 254.99 million tonnes seen in 2007-08, EU farm union Copa-Cogeca said....

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Replacing HUF 200 note with coin in 2009

The coin would be more practical and safe than the notes that generally need to be replaced every two years.  Hungary's Monetary Council has decided on Monday to introduce a...

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Hungarian Egg Producers Association Restricted the Competition

On the first stage the Judgment of Capital approved the decission of Hungarian Competition Authority that there was a kartell between the Hungarian Egg Farmers.  The association of the Egg...

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UK's Beer Sales Fall To 33 Year Low

Thanks to the economic situation, the smoking ban in pubs, the credit crisis and loss of consumer confidence British drunk 1.7 % less.   Beer sales in the UK are...

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Food Forgery is Worldwide a Big Business

Yearly USD 500 billion comes form food forgery, more than from drug business. From September there is a new act in Hungary against food fakers.  According to information came at...

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German business confidence falls in June

The index fell in June, dragged down by concerns over record high oil prices, the closely watched Ifo survey showed.   The Munich-based Ifo institute's business climate index fell to...

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Hungarian Dairy Farmers to Protest

In Mai the procurement price of one liter milk was HUF 80, it is the lowest price, from this farmers hardly can feed their animals, paralel with this cheap import...

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Sampling control in Campona Mall

The specialists of „Heatwave Commando” checked food safety and hygenic status of products and services of the shops and restaurants in the mall.  The control periode of Heatwave Commando starts...

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The Future's company develops with the assistance of the customer

The enterprise of the future is capable of changing quickly and successfully, according to a summary of IBM's findings. “Instead of merely responding to trends, it shapes and leads them....

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Europe to Ban Energy-Wasting Lightbulbs

The EU plans to implement a phase-out of incandescent bulbs starting next year. They'll be replaced by long-lasting compact fluorescent ones.  The European Commission is preparing a plan for a...

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Freeze against speculative prise increase in Slovakia

Slovakian government may freeze the prices of 20 basic food items to shield consumers from unjustified price jumps after the planned euro adoption in January 2009.  According to Reuters the...

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