Market News
Online Sales Up 60% In Romania
Date: 2008-07-07 00:00:00
Romanian online sales rose to E25m in the first six months of 2008, according to figures from RomCard. The number of transactions amounted to 300,000, while the average value of...
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The Deficit May Be Even Lower Than Planned
Date: 2008-07-07 00:00:00
Substantial improvement in the internal and external equilibrium this year with real wages in the business sector already climbing while inflation and interest rates remain high. The forecast prepared by...
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HUF 14 billion Ice Tea Market in Hungary
Date: 2008-07-07 00:00:00
According to Nielsen Research the sales of ice tea grow in volume by 23%, in value by 19% between Mai 2007-April 2008. The most popular taste are lemon and peach,...
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Nestlé to sell prime property in Budapest
Date: 2008-07-04 00:00:00
Nestlé has decided to sell a 2,500-square-meter property in Budapest with a panoramic view of the Buda Castle, the Chain Bridge and the Pest skyline. Nestlé is selling the property...
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Association of Hungarian Farmers accuse forestallers of cartell
Date: 2008-07-04 00:00:00
Farmers protest against the low price of sourcherry in front of Hungarian Parliament. The farmers said the forestallers pay only HUF 50-60/kilo for sourcherry, what is only half of the...
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Private label organic foods lead in German market
Date: 2008-07-04 00:00:00
New Nielsen data shows that German consumers have doubled the number of organic food items they have purchased in the past two years. Retailer brands have gained a larger...
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Lefelé módosította várható profitját a Marks & Spencer
Date: 2008-07-03 00:00:00
The retailer posted profits of £1bn last year and analysts were expecting profits of around £870m this year. Overall M&S's UK sales were down 5.3% in the 13 weeks to...
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Dutch smoking ban
Date: 2008-07-03 00:00:00
A tobacco smoking ban came into force Tuesday in cafes, bars and restaurants throughout the Netherlands. While patrons are no longer allowed to light up cigarettes, they can still...
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Hungarian Companies are more Pessimistic
Date: 2008-07-03 00:00:00
The measure of confidence at Hungarian companies slipped to 85.4 percent in the second quarter of 2008 from 91 percent in the first quarter. Ecostat's TOP-100 index for sentiment at...
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Virtual shopping can't take all
Date: 2008-07-02 00:00:00
The Store of the Future 2012-15 report, commissioned by Visa Europe analyses the key customer, payments, technology and social responsibility issues affecting the likely development of retail stores in Europe....
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Germans to shop more in May
Date: 2008-07-02 00:00:00
German retail sales rose by more than expected in May, offering a glimmer of hope that a labour market recovery may be yielding fruit, although the outlook remains clouded by...
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Consumer Spending Higher-Than-Expected In May
Date: 2008-07-01 00:00:00
US consumer spending rose a better-than-expected 0.8% year-on-year in May, as tax rebates helped fuel the biggest rise since November 2007. Figures from the Commerce Department said the rebates helped...
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Austrian Food Specialities debuts in New York
Date: 2008-07-01 00:00:00
The Austrian food producers showcase their products on Fancy Food Show 2008 and later get meetings in Manhattan supermarkets. More than 2,300 domestic exhibitors from around the country and the...
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Hungarians consumpt less biscuit
Date: 2008-06-30 00:00:00
Last year 27 tons of biscuit were sold in Hungary, it is deep by the European Average. Only Greeks, Czechs and Slovakians eat less biscuits as we. Hungarians eat...
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Payable household goods in Hungary
Date: 2008-06-30 00:00:00
According to Eurostat and OECD common research the electric equipments and household goods are several % less in Hungary than the European average. Within the framework of the European...
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Tesco, Asda Cut More Prices
Date: 2008-06-30 00:00:00
Tesco PLC and Asda Group Ltd., the U.K.'s two biggest supermarket chains announced another round of major price cuts amid intense competition. Tesco will cut prices on 3,000 products...
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Hungarian Beer Market grow in value by 6% and in volume by 1%
Date: 2008-06-30 00:00:00
Between June 2007 and Mai 2008 4 million hectoliter beer were sold in Hungary, it was a summe in value HUF 110 billion. According to Nielsen Research retail index 1...
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Expectations improved significantly
Date: 2008-06-30 00:00:00
In June the seasonally adjusted Business Confidence Index of GKI remained essentially unchanged, but the expectations of consumers improved significantly and reached highs that haven’t been seen for two years....
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Dramatic deterioration in payment morale
Date: 2008-06-27 08:00:00
According to data from Coface, a dramatic deterioration took place in payment morale in the first four months of 2008. The number of non-payments increased by 45 per cent compared...
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Hygienic, multiple layer packaging from plastics
Date: 2008-06-27 08:00:00
Plastics are the most commonly used packaging material for food, accounting for 50 per cent of all packaging materials in Hungary, in terms of volume. Plastics are used in three...
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Food industry in recession
Date: 2008-06-27 08:00:00
Industrial production was up by 4.3 per cent in March 2008, compared to the same month in 2007. Industrial production was 6.9 per cent higher in the first quarter of...
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Atradius credit insurance company of the year
Date: 2008-06-27 08:00:00
Atradius Credit Insurance has been awarded the title “Credit insurance company of the year 2008” by World Finance Magazine. Atradius provides reliable and effective services in over 40 countries....
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Foreign trade of agricultural products with question marks
Date: 2008-06-27 08:00:00
According to KSH data, our agricultural export expanded almost twice as dynamically as overall export in 2007, achieving record breaking revenues of more than EUR 4.8 billion. Imports totalling EUR...
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Decrease in the EU as well
Date: 2008-06-27 08:00:00
Retail sales were down by 0.4 per cent in the EUR zone and by 0.7 per cent in the EU-27 zone in March, compared to February. According to Eurostat data,...
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Bio – our health and that of our kids
Date: 2008-06-27 08:00:00
The increasing popularity of bio food is a result of the two most important trends of our decade: health and wellness. This is one of the conclusions of the global...
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National shop windows
Date: 2008-06-27 08:00:00
Most countries spend a lot of money on marketing support for their food products in foreign markets. Methods are diverse. In some countries, a government organisation is in charge of...
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Positive balance for foreign trade
Date: 2008-06-27 08:00:00
Exports totalled HUF 6,394 in January-April 2008, while imports amounted to HUF 6,309. The volume of export was up by 19 per cent compared to April 2007, while imports grew...
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NESPRESSO coffee machines in retail chains
Date: 2008-06-27 08:00:00
In addition to the showroom in Andrássy út, the full range of NESPRESSO coffee machines has also been available in Saturn and Media Markt stores since June. Nine Budapest stores...
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Region marketing
Date: 2008-06-27 08:00:00
Not only countries, but regions may also use collective marketing. The Spanish region specialising in agriculture and the food industry, Castillia-Leon is a good example. Many synergies exist between government-level...
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Higher price for livestock as well
Date: 2008-06-27 08:00:00
The prices of agricultural products were up by 38.1 per cent in March 2008, compared to March 2007. The prices of plant products were up by 52 per cent, while...
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