Market News

Beer industry adapting

Sales of Hungarian made beer increased last year. According to Imre Sívó, chairman of the Association of Breweries, the 5,6 per cent growth proves the ability of the industry to...

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Drugstores: increasing intimacy

Retail sales of women’s hygiene products are increasingly concentrated in drugstores. According to data from Nielsen, their market share grew by 3 per cent last year, but hyper markets still...

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Improving environment, better atmosphere

According to GKI Gazdaságkutató Zrt., the competitiveness index (VEX) showed marked improvement in most countries of the region, including Hungary in the last quarter of 2006. The business environment index...

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Dairy industry on the defensive

The Dairy Products Council held a presentation about the position of the industry on 29 May. Domestic sales of dairy products made from Hungarian materials declined by 13 per cent...

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Intimate relationship with strong brands

Personal hygiene has been subject to spectacular development in the past 20 years in Hungary. Softness, smoothness and good absorption capacity are the main priorities for consumers, while skin-friendliness is...

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Maze of paragraphs

Many regulations pertaining to sales of OTC products and also to pharmaceuticals which require a prescription changed in the beginning of the year. While selling of OTC products in retail...

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AdWords for us too

The business site AdWords is now accessible to Hungarian users as well, announced Google on 12 June. AdWords helps the activities of companies which do not have web sites of...

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Prices of sun lotions going down the chute

Average prices of sun lotions are falling in modern store types, where most sales are concentrated. Longer and warmer summers generate increased demand, inviting private labels to enter the market....

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Coupons, points, VAT

We asked Zsolt Tenczer, senior manager of PricewaterhouseCoopers, about the differences between the way VAT deductible after promotional vouchers is calculated n the EU and in Hungary. Vouchers and coupons...

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English-speaking wine drinkers top consumption survey – research

English-speaking wine consumers drink wine more frequently than consumers in other major wine export markets, new research suggests. According to data from Vinitrac Global Monitor, published by Wine Intelligence, 55%...

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Scottish cookie company to adopt traffic light labelling

Paterson Arran claims to be the first manufacturer in Scotland to use the Food Standard Agency's traffic light labelling system on its products.   The company will use the labels...

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We have an embassador in CSR Europe

The Hungarian Association for Environmentally Aware Management is from now member of CSR Europe, the non-profit organisation that promotes corporate social responsibility. The CSR Europe's (founded in 1995), mission is...

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Retail sales decreased

According to KSH data the Hungarian retail sales dropped by 0.5% month on month in April, the 2.5% yr/yr decline is the greatest fall detected in this decade.  Hungarian retail...

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First of July starts the Electronic Export Custom Formalities

After successfull testperiode from spring the Export Custom Formalities could be pass in electronic from next month. The purpose of the ECS/AES project is to provide a solution that will...

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Business Center to build in Ferihegy

Budapest Airport will be developed as a self-contained “Airport City” with a 4-star hotel and conference facilities, car parking, a business and trade park. Hochtief Airport (HTA), new owner of...

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German beer prices set to leap as barley costs soar

The energy and food sectors are competing for the same raw materials and the same acreage. Short supplies of barley look set to force German beer prices in the country's...

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Functional sports drinks market set for further growth

Growing consumer interest in maintaining a healthy diet and participating in sporting activities will contribute to growth in the functional sports_drinks (FSD) category over the next five years, according to...

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(HU) Megint divat lesz a zacskós tej?

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Decree correction about trading outside the shops

The ministry of economy and public transfer published a new order protect the customer and asses a faster complain administrations. According the decree correction in the future customer can complain...

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Lakh on lent

Last five years the manpower placement increased with 250 %, the most temporary placed employees worked in processing industry. According to newest dates of Public Employement Service, several people were...

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Workshop about Social campaign in Cannes Lions

If we can meet with the requirements, the benefit can be not only moral, but financial too. To support a good case, as usual not only revise the company public...

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Guidance on reducing mycotoxins

A new guide for cereal farmers on reducing mycotoxins aims to reduce the presence of the toxin in the food supply chain. The guide advises UK farmers on how to reduce the levels...

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HUF350 Million penalty on the first three days

Until the summer foodsafety control, started on Monday, supervisors check restaurants, pubs, hotels in most public touristic places. The first concentrated control was in Region Bekes, where 73 stores  were...

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Discounters bring Carrefour on its knees in Belgium

Carrefour plans to close 16 GB supermarket stores in Belgium and cut 900 jobs as part of a restructuring plan prompted by fierce competition. The French retailer said that the...

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Only 4 million tons wheat crops

Specialists said that the rate of grain products and the meat could be higher in autumn.  Because of drought through Europe, hungarian wheat export will be more, 1,4 million ton,...

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The new hungarian retail decree appeared in Magyar Kozlony

From 13 of Juli restaurants and shops will categorize by new methods.The decree changed the retail law, has only small changes, it speaks about opening a new store, selling outside...

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Hot summer, people drink water and beer

According to specialists on the very hot days people drink 20-100 more mineral water or beer.  Year after year there is a highly going tendency in drinking water, 15 before...

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