Events

The thing to be learned,…

… is that we cannot be universal geniuses. We cannot speak to everybody, because we have only 3 seconds to astound people. I have selected six products from 2008, which...

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Solvency of German companies deteriorating

Germany has been placed on a negative watch list by Coface. Payment morale and solvency has deteriorated in Germany. Default in payment is quite rare in Germany and is often...

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Smaller, specialised events expected in 2009

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

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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Successful carriage driving event sponsored by the trade

The 2nd OTP Carriage Driving World Cup was held between 5-7. December in Budapest. It was organised by the Lázár brothers. The number of visitors was up by a quarter,...

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Stagnation at best expected for the food sector in 2009

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

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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CIES-conference: Big globally, small locally

One of the leading events of the international retail sector was held in Budapest, in November. The 200 participants discussed current trends in marketing. From a Hungarian perspective, the most...

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Financial prospects for 2009

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

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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CIES summit in New York

CIES will hold its big annual conference in New York, in Waldorf Astoria between 17-19. June. Presentations will be held by the CEO-s of the following companies: Delhaize Kellogg, Kraft...

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Younger generations discovering frozen vegetables

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

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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CBA, Metro, market hall, Tesco

The majority of guests attending the conference went on a shopping tour on the previous day, visiting the market hall on Vámház körút, Metro on Gyáli út, Tesco on Bécsi...

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Livening in market of refrigerated vegetables following last year’s recession

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

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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Berlin congress: when a storm is raging

What were the topics discussed by the leaders of companies present in Hungary as well? – Consumers are adapting to the new situation, but display different attitudes to various categories...

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Washing powder and gel producing price rise in excess of 20 percent

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

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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Between consolidation and expansion

Over one thousand participants have attended the congress held by the German Retail Association in Berlin under the slogan „Between consolidation and expansion: new challenges for retail and industry”. Nearly...

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Countline chocolate popular

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

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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Hungarians at Fruit Logistica 2009

This event gives excellent possibility of introducing the Hungarian vegetable and fruit sector.  FRUIT LOGISTICA 2009, the biggest-ever international produce industry trade event is open in Berlin. From 4 to...

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Paper bag is not a real option

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

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

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

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

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

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

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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