Market News

More sun lotions sold in warmer climate

Demand for sun lotions is growing as a result of climate change. According to data from the Key Account Index of Nielsen, retail sales have expanded by 12 per cent...

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Prices of agricultural products up by a third

The prices of agricultural products were up by 33.9 per cent on average in February 2008, compared to February 2007. The prices of plant products were up by 46.9, while...

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When customers ask for time

This is the sixth occasion that we discuss the role of specific categories in specific retail units. This time, we’ll take a look at convenience products, which generally account for...

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New section established by agencies

Trough the Line (TTL) is the name of the new section established within the Hungarian Advertising Association by László Vekkel (HPS Group), Zsolt Urbán (HD Group) and Tamás Tóth (Special...

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Spending on safe sunbathing

Choosing the right sun lotion is extremely important and people are willing to pay more for sunbathing in safety than before. Unlike other cosmetic categories, the sales of more expensive...

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Food industry lagging behind

Industrial production rose by 9.8 per cent in the February 2007 – February 2008 period. Industrial export was up by 15.5 per cent in February 2008, compared to the previous...

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Modelling: reduces risk, boosts chances of success

How many customers am I going to lose by raising my price? How will a reduction in my competitor’s price effect my sales? Which promotional tool generates the biggest sales?...

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Largest Marché opening in Austria

Marché Schwechat was opened at the end of April, on the Vienna external ring. Construction work has taken 14 months and cost EUR 3,5 billion. This facility is the largest...

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What’s inside Hungarian warehouses?

We can easily find warehouses of European standard in Hungary at present, especially if we want it to be bear Budapest. – According to estimates, over a hundred thousand square...

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Still in recession

Retail sales were down by 2.5 per cent in February 2008, compared to February 2007. According to the latest KSH report, retail sales were down by 0.2 per cent in...

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Packaging in three stages – part 1: colour

Our sense of colours is a prehistoric heritage, related to our deepest reproductive drives. The use of colours is so ancient and universal, that even flowers know everything about it…...

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STI group to expand its international organisation

A Turkish partner and a new Polish production facility have been added to the STI group. Dasa and Milas Ambalaj based in Istanbul is a manufacturer of premium category packaging...

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Tough challenges for designers

The main driving force behind innovation in the market of commercial vehicles is EU environmental policy. As a result of increasingly strict EU emission standards, environmental considerations are the current...

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Less grain for export

Exports were up by 19 per cent in January 2008, while imports were 15 per cent higher than a year earlier. Total exports amounted to HUF 1,529 million in the...

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POP materials popular among customers

Emotions are playing an increasing role in influencing in-store activities. According to a presenter at the EuroShop exhibition held in Düsseldorf, providing joy and an exciting experience for customers is...

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Functional Food and Drink Market before explosion

Figures from Euromonitor show that sales of functional foods and drinks are expected to continue their strong growth over the next three years. Specialist said the increase will be more...

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Jungle fight for SMEs

According to Coface Hungary and Uzlettars Business Magazin research, even the most dynamically developing SMEs suffer from the effects of the budget adjustment and the American subprime crisis.  The two...

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Consumers in Europe demand more self-service

The pressure is mounting on organizations to finally develop a multichannel strategy that leverages self-service at the point-of-service, online and mobile channels.   The 2008 NCR Self-Service Consumer survey, conducted...

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Ascendant sactioning possibilities for Hungarian Customer Protection Authority

Probably in June the Hungarian Parliament votes about the new, more rigid Consumer Protection Law.   According to plans the penalties will be more higher (minimus HUF 30,000 – maximum...

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Orange and Peach are the most popular fruit juice

According to Nielsen research company between Febuary 2007 and January 2008 the fruit juice market in Hungary grow by 1% in volume and 9% in value.  The whole market is...

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Hungarians Drink the Traditional and Cheap Beer Brands

The beer consumption is since years stabil 82 liter/person/year. Last year the non-alcoholic beer segment grow by 16%.  Altough the raw material, producing costs and the tax increased faster as...

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Fast increase at food price

In April 2008 consumer prices rose by 0.3% compared to the previous month and increased by 6.6% compared to April 2007.   In the first four months of 2008 the...

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Industrial gross output increased in March

According to Central Statistic Office the output grow by 1.9% compared to March 2007, the index adjusted by working days rose by 4.3%.  The volume of the production was higher...

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The Balkans undergoing the most Dynamic Transition

The international consumer survey SHOPPING MONITOR CEE 2008 has revealed the growing popularity of the modern retail formats, in particular hypermarkets and discount stores. The most popular chains are Tesco...

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New rules at tax stamps from July

According the new regulation the tax stamps user have to give daily supply of data, so the authorithy can follow the produc from manufacturer to the retailer.  The new tax...

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Fake products on Jozsefvarosi market in value of HUF 18 million

According to speakerman of Hungarian Customs and Finance Guard the specialist of the authority found 1100 pair of sportshoes, 800 clothes and more hunderd of sunglasses with fake brand sign....

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Americans eat a lot of GMO products

Most packaged and processed foods do contain genetically modified ingredients, the labels don't have to say so.  According to a recent CBS News/New York Times poll, 53 percent of Americans...

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8-10% price increase at food products

According to Federation of Hungarian Food Industries meat industry is at the bottom of food price growth because since last year meat industry couldn't make good the high feeding costs...

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Continous Disquisition about fake Hungarian Honey

The tax and food safety authorities controlled 9 plant, 6 of them must be henceforward spyed. Enzymes and sugar were found in the mills.According to Miklos Suth general veterinary said...

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