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Smaller, specialised events expected in 2009
Date: 2009-02-05 08:00:00
Event organising enterprises hope that recession will not have a drastic effect on their business. However, creativity is expected to play an even bigger role in the event marketing business...
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Nutritional values increasingly influencing shopping decisions
Date: 2009-02-05 08:00:00
A survey has been conducted in six EU member states including Hungary about health conscious shopping decisions. A number of positive changes in Hungarian consumer habits have been detected. The...
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Stagnation at best expected for the food sector in 2009
Date: 2009-02-05 08:00:00
The financial crisis has come at a bad moment for the food sector. A shortage of financing has occurred promptly, but the government hopes to keep the sector moving by...
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Event organisers as creative agencies
Date: 2009-02-05 08:00:00
Many clients already regard events as an integral part of communication strategy, and the capacity for event marketing or the existence of a specialised partner is a major consideration in...
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Financial prospects for 2009
Date: 2009-02-05 08:00:00
Financial prospects for 2009 are certainly worse than we had believed before October, when the danger of national bankruptcy was imminent. There is however, so much uncertainty that we should...
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Turkeys in decline
Date: 2009-02-05 08:00:00
World trends in the market of meat and poultry are monitored by the Agricultural Business Research Institute (AKI). Data from the market price information system of KSH and AKI (PÁIR)...
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Younger generations discovering frozen vegetables
Date: 2009-02-05 08:00:00
Frozen vegetables save us time but also leave room for creativity. In addition to basic products, an increasingly wide range of mixes are also available today. The only limiting factor...
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Growth unstoppable in Romania
Date: 2009-02-05 08:00:00
According to an Eurostat estimate, retail sales showed an average drop of 0.8 percent in the EU-27 countries in October 2008, compared to 2007. Retail sales showed outstanding growth (9.4...
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Livening in market of refrigerated vegetables following last year’s recession
Date: 2009-02-05 08:00:00
According to ConsumerScan data from GfK Hungária, sales of refrigerated vegetables and potatoes were down in 2007, but 2008 figures are expected to be up. The market of refrigerated vegetables...
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Expectations reaching lowest point ever
Date: 2009-02-05 08:00:00
According to a survey conducted by GKI Gazdaságkutató Zrt., both business and consumer expectations continued to drop in December, but the rate of decline slowed down. Retailers did not expect...
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Washing powder and gel producing price rise in excess of 20 percent
Date: 2009-02-05 08:00:00
Retail sales of washing agents stagnated at around HUF 37 billion in the November 2007-October 2008 period. Washing agents are the largest among the 60 categories of household chemical products...
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Balance of foreign trade rocking
Date: 2009-02-05 08:00:00
The volume of export was down by 7 percent, while import was down by 6 percent in October 2008., compared to the same month in 2007. Export in the January-October...
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Countline chocolate popular
Date: 2009-02-05 08:00:00
Countline chocolate is producing growth even in times of recession, owing to its favourable price. Most innovations are aimed at reducing calorie content and making products healthier. The increase in...
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Spa-hotels most popular
Date: 2009-02-05 08:00:00
The number of nights spent by guests in commercial places of accommodation was down by 1 percent in the January-November 2008 period, compared to 2007. Revenues were down by 0.5...
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Paper bag is not a real option
Date: 2009-02-04 10:16:00
According to datas of Hungarian Trade Association the food industry and the retail sector has HUF 10 billion extra costs because of the new green tax. György Vámos, secretary of...
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Strategy for saving 100,000 jobs in Hungary
Date: 2009-02-04 09:32:28
Social and Labor Affairs Minister Erika Szűcs said the government has HUF 16 billion domestic source for crisis-management strategy. Enterprises can apply for job-preservation support from the regional funds beginning...
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In spite of recession Briton shoppers will Spend More On Quality Food
Date: 2009-02-04 08:34:44
According to MealSavers.co.uk survey among 4,380 peopel consumers aren’t going to let the recession reduce the quality of the food they eat. People are cutting costs during the recession, but...
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People eat healthier in the UK
Date: 2009-02-04 08:15:06
British consumers are benefitting from the food industry's salt reduction efforts, according to new data from leading market insight provider, TNS Worldpanel. Between September 2006 and September 2008, shoppers bought...
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Retailers modify supplier contracts
Date: 2009-02-03 10:35:00
After an inspection of the Hungarian Competition Authority (GVH) some retailers (Cora, Auchan, Metro, Profi and Csemege Match) undertook to align its suppliers contrats to the competition and the retail...
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Company liquidations rise to record high in January
Date: 2009-02-03 10:20:00
The number of company liquidations in Hungary rose to 1400 only in the first month of the year, the Opten company-information service informed. Last year 11,500 firms were under liquidition,...
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The liquidation of Zalabaromfi became absolute
Date: 2009-02-03 09:19:00
According to former press information Zalabaromfi's owner Dale consortium's financial and business transaction at other companies made the processor's work impossible. As known CIB Bank has frozen the company's bank...
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US consumer spending in six month row
Date: 2009-02-03 08:21:52
According to government data consumption expenditures fell by 1.0 percent in December from the previous month. Personal income also contracted for the third consecutive month at 0.2 percent in December,...
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In 2008 sales prices of food industry grow by 10.4%
Date: 2009-02-02 08:27:40
Domestic sales prices of industry decreased by 1.6% in December 2008 compared to the previous month and were 8.3% higher than in December 2007. Export sales prices of industry...
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Expectations hit bottom again
Date: 2009-02-02 08:20:00
In industry, the plunge of the confidence index slowed down notably in December, but in January the index set to go south again. The value of GKI’s economic sentiment index...
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Russian consumer confidence index fall
Date: 2009-02-02 04:00:33
According to Nielsen research, Russian consumer confidence plunged to an eight year-low in the final quarter of 2008. The Nielsen survey said the consumer confidence index fell to 88 in...
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Next week closes the final meeting about Food codex
Date: 2009-01-30 08:14:59
Yesterday the comittee have to recess the meeting suites because ot the extraordinarily day in the Parliament. Members of the commitee are specialist of the ministry, representatives of the farmers,...
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Hungarian NO for GM maize
Date: 2009-01-30 07:56:34
In spite of EU comission's warning Hungary will not repeal the cultivation ban for MON 810 maize hibrid – said Zoltán Gőgös for business daily Világgazdaság. Last week EU called...
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Confidence continues to worsen
Date: 2009-01-30 05:41:24
According to Ecostat's latest measure of confidence reveals the sentiment at Hungary's biggest companies as well as at SMEs continued to worsen in January. Ecostat's TOP-100 measure of confidence at...
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Ten largest retailers raise 2008 sales by 8%
Date: 2009-01-30 04:53:16
The ten largest retail chains in Czech Republic raised sales by Kc23.2bn year-on-year to a record Kc312.2bn in 2008, according to preliminary results released by analytical company Incoma Research and...
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The Hungarian Poultry Product Board takes legal action
Date: 2009-01-29 05:55:00
Last week at Grüne Woche exhibiton in Berlin Hungarian goverment made efforts to promote the Hungary's position on goose liver producers. Also Four Claws, Austrian animal rights activists protest agains...
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