Events

Consumer expectations continue to deteriorate

According to the GKI Consumer Confidence Index, consumers continued to get more pessimistic in April. Consumer confidence has been deteriorating since the winter of 2008. Expectations regarding unemployment in the...

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Committed to quality and unbroken customer confidence!

Szikrai Borászati Kft. has been present in the market in its present form since 2004. Its owner and CEO, Tibor Sári and his team are committed to quality and reliability....

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Euro zone slowing down as well

GDP was down by 1.6 percent in the Euro zone countries in the last quarter of 2008, compared to the third quarter, which was more than the anticipated 1.5 percent...

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Industrial real estate fair in Vienna

Real Vienna, the international fair of industrial real estate is to be held for the fourth time this year, between 26-28 May. The event will be organised by Reed Exhibitions...

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Market share of PL mineral waters dropping

Growth has stopped in the mineral water category. A drop of 2 percent in retail sales in terms of value was registered in the March 2008-February 2009 period, reducing the...

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We are first in terms of insolvency in EU

According to Zoltán Dercze, director of Coface Hungary, we have the highest percentage of insolvent companies inside the EU. One out of 24 companies existing in January, will not survive...

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GINNT EXPO in June

The Global Innovation Technologies Expo is to be held for the first time this year, between 10-11 June, in Budapest. The aim of GINNT EXPO is to present all automatic...

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Mineral water brands looking for ideal price/profit ratio

In spite of the recent drop in sales, the mineral water category still has potential for growth. However, closer co-operation with the retail sector is required to utilise this potential.....

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Industrial statistics continue to worsen

Industrial production was down by 25.4 percent in February 2009, compared to the same month in 2008 and by 4.1 percent compared to January 2009. As a result of a...

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Vending machines for food

Food manufacturers will meet manufacturers and operators of food vending machines at the Eu’Vend exhibition to be held in Cologne between 10-12. September. Apart from vending machines, there will also...

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Surprising results of the latest food safety research (X)

The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not  believe...

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Hungarian pig farmers can find new markets

The Chinese and Russian drop in demand for the U.S. pork can open new markets for the major European exporters – quoted Napi Gazdaság the President of the Association of...

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Quality pálinka as Hungaricum

Pálinka National Council was created to organize and supervise the quality control of the Pálinka, and develop the national pálinka-strategy. In the 13 member plenum exponents of the Minister of...

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Week of European small and medium size businesses

Between 2009 May 6 and 14 the Week of European small and medium size businesses 2009 will be held invited by the European Commission. Hungary will connect to the European...

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The number of flu-infected exceeded one thousand

European health authorities have stated, that more than 1000 people have already infected with the new type of flu around the world. Twenty-six person died in the epidemic so far,...

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Due to the crisis and the epidemic travel market has difficulties

Travel market has been thoroughly shaken by the economic crisis and the swine flu. However earlier, market started to transform as organized online travel agencies started to emerge. The process...

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Brazil, is the hit market of department store investments

According to the information of the Brazilian Store Association, last year an appropriate amount of 390 billion HUF was invested in the development of the industry. Despite the crisis, this...

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Hungarian meat processing companies are in trouble

Gyulai Húskombinát faces insolvency, Herz is struggling with a serious lack of resource and debt. Without floating assets credit Gyulai Húskombinát faces bankrupcy – informed Népszabadság, Ruck János the Chief...

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Customer confidence needs to be strenghtened (X)

Originality-and quality check of food products is necessary. Since the 2006 scandal,  illegal trading with vehicle components has become more common instead of abuses with highly protected vehicle documents. The...

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Hungarians in the world's largest professional food exhibition

Until the beginning of May 40 Hungarian exhibitor indicated that they wish to take part in the world's largest professional food exhibition the Anuga in Cologne, will be held during...

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Pork trade won’t be limited

Several international organizations stated, that there is no need for further precautionary measures in the pork trade. The joint communication of World Health Organization (WHO), Food and Agriculture Organization (FAO)...

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Alimentaria Lisboa 2009 concludes with a positive balance sheet

The International Food and Beverages Exhibition organized by Alimentaria Exhibitions and FIL, is consolidated as one of the most important shows in the fairground European panorama. Over four days, the...

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Reduction in beer consumption in Great Britain

As a result of the economic crisis, beer consumption in Great Britain has decreased by 8% Reuters, the Népszabdság Online. This is the biggest decline in beer consumption in since...

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Pork trade won’t be limited

There is no need for further precautionary measures in the pork trade – several international organizations stated. The joint communication of World Health Organization (WHO), Food and Agriculture Organization (FAO)...

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Eating habits in 2009

GfK Hungária’s study of eating habits reflects the current situation of economic crisis, and the effects of changing consumer trends.   In 2009 irregular eating was typical trend as well....

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Report of the Internet economy

More than half of the population considered to be digitally scribe – shows the GKIeNET – T-Home’s representative research.   It’s very important for the economic and social competitiveness ,...

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Word of Mouth, as a marketing technique

Many small and medium businesses use Word of Mouth (WOM) and Word of Mouth Marketing (WOMM) to call the customer’s attention – write the Business and Success.   Word of...

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No virus in pork

Pork and other food products are not infectious. The flu virus is spreading by coughs and sneezes from one man to another – states the communication of the Hungarian Chamber...

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VAT reduction – cheaper bread and milk?

According to experts, the reduction of general sales tax on basic foodstuffs (VAT) does not take a significant price decrease.   The milk and bread’s turnover makes up the 10...

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GKI economic index fall stopped in April

After 9-month decline the economic climate index of GKI remained unchanged, the GKI Economic Research Co. pointed out that   According to the survey, the consumer expectations continued to deteriorate,...

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