Other
How is the banking sector?
Date: 2007-10-31 08:00:00
The number of banks per HUF one million is between 3-4 in Hungary, which is around the international average. The leading seven banks (OTP, K&H, MKB, Erste Bank, CIB, Raiffeisen,...
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Retail turnover of food continues to shrink
Date: 2007-10-31 08:00:00
The shrinking of retail turnover continued in July. According to a KSH report, sales were 4.2 per cent down in July 2007 compared to July of 2006 and also showed...
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Pálinka Promenade in Vigadó square
Date: 2007-10-31 08:00:00
The II. Budapesti Pálinka Promenade was held between 28-30. September, in Vigadó square. Only authentic palinkas, made exclusively from fruit were allowed to be presented. Products of Zwack Kecskeméti Pálinka...
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Vending machines heading east
Date: 2007-10-31 08:00:00
We have found at the Eu’Vend exhibition of the vending machine business held in Cologne, in September that Hungarians, Poles and Czechs had become important for the industry, which generates...
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Growing inventories, more financing in foreign exchange
Date: 2007-10-31 08:00:00
As István Tari, regional director of Erste Bank has told us, in spite of signs of recession in the FMCG sector, retail chains are expanding in the hope of future...
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Hungarian origin becoming more important
Date: 2007-10-31 08:00:00
According to a 2007 survey by GfK Hungária about eating habits, the primary consumer requirement regarding food is good quality. Cheapness is no longer an important consideration for many consumers...
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Prophecies and facts in Tapolca (part 1.)
Date: 2007-10-31 08:00:00
Despite negative market trends, the atmosphere was pleasant at the Business Days conference organised by Trade magazin and Lánchíd Club in Tapolca, on 26-28. September with nearly 300 guests. During...
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Shaking foundations
Date: 2007-10-31 08:00:00
A number of dairy products suddenly disappeared from stores recently, though there was no real shortage. Hungarian producers of milk and dairy products have been put in an unusually favourable...
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Factoring: option not a refuge
Date: 2007-10-31 08:00:00
According to Ferenc Csáki, chairman of the Hungarian Factoring Association and CEO of Magyar Factor zRt, the expansion of factoring is always a sign of economic growth. – What is...
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Consumers spending more wisely
Date: 2007-10-31 08:00:00
According to Mrs. Szalóky Judir Tóth, director of Nielsen, the majority of consumers have maintained their level of consumption. In fact, sales have expanded in half of the 20 largest...
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Growth to begin next year
Date: 2007-10-31 08:00:00
In his presentation about the state of the Hungarian economy, Dr. Gábor Karsai Gábor, deputy general director of GKI, had words of encouragement for the audience, pointing out that the...
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Digital and universal electronics selling well
Date: 2007-10-31 08:00:00
In the central and eastern European region, the sales of non-perishable consumer goods are becoming increasingly concentrated. According to a survey by the Gfk Group, online sales are growing as...
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Delayed changes
Date: 2007-10-31 08:00:00
It was good news for players in the FMCH market that the recession resulting from the restrictive economic measures introduced last autumn had been delayed. However, it is bad news...
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From store to store in Shanghai (part 3.) – Tesco
Date: 2007-10-31 08:00:00
Within the single hour I spent in a Tesco in Shanhai, I had seen 37 signs saying “cheaper” in both Chinese and English. There is always plenty of activity to...
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Future consumers more conscious and older
Date: 2007-10-31 08:00:00
Ákos Kozák, managing director of GfK Hungária spoke about global consumer trends appearing in Hungary. Future consumers are expected to be far more conscious and their opinions will have infinitely...
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Szechenyi Card on the short list of European Enterprise Awards
Date: 2007-10-30 00:00:00
To be on the short list is a big honor for Szechenyi Card and the organisations behind. A 13strong shortlist has been selected for the European Enterprise Awards 2007, which...
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Functional food market grown dynamic in the UK
Date: 2007-10-30 00:00:00
Some 97% of British consumers have bought some sort of food with an added health benefit, according to a survey from Nielsen. According to the research company, the UK functional...
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Store chain privatisation in Serbia
Date: 2007-10-30 00:00:00
The country's biggest department store chain, Robne Kuce Beograd, was sold to a local businessman for 360 million euros. The bankrupt state-owned chain owns some 240,000 square metres of retail...
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Metro wholesale center in Far-East
Date: 2007-10-30 00:00:00
The assortment, service and architecture of the Metro Cash & Carry wholesale center in Lahore have been tailored to the specific needs of commercial customers in Pakistan. More than 20,000...
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Barcode for agricultural products in China
Date: 2007-10-30 00:00:00
During the campaign the government said more than 300,000 technical staff went to rural areas in the last month, nearly 200 illegal food companies have been shut. The system of...
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Diabetic grain producing in Szeged
Date: 2007-10-30 00:00:00
This week started the producing again in Gabonatermesztesi Kutato Kht- famous of guar gum cases. A row material and the plant, producing diabetic grain is strongly supervised, the feed made...
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Idea of a Barcode trolley is on the top
Date: 2007-10-29 00:00:00
Consumers are more interested than ever in the details of the products they consume. According to a Shopper Research by IGD 30% of shoppers would be interested in using barcode...
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Carlsberg to distribute Budvar
Date: 2007-10-29 00:00:00
Danish brewer has signed a distribution deal with Budejovicky Budvar to distribute its products in Denmark. Carlsberg's independent company, House of Beer will take over the distribution of the Czech...
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Wine marketing Conference in Sopron
Date: 2007-10-29 00:00:00
The aim of the event is to present the European Wine Marketing program. The organisers wait more than 250 people for the VII. Wine Marketing Conference between 6-7 December in...
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Sausage Festival of Csaba
Date: 2007-10-29 00:00:00
This year 360 teams made the sausage on the competition, there were several other events for example consumers could tasted and buy wines in the Marquee of Wine Gaieties. The...
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Pig –farmers to strike
Date: 2007-10-26 00:00:00
On 15th November the pig-farmer want to protest in front of stores against supermarket chains. The feed price growth but not the agricultural procurement price, which make the pig-farmers bitter....
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New relabeling story
Date: 2007-10-26 00:00:00
This time more than 15 tons of coffee and candies would be relabeled for 2008 in a distributor's depot. The authority found a relabel machine too. The products would be...
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Conference about Mystery Shopping
Date: 2007-10-26 00:00:00
Aim of The Mystery Shopping Day ,organized by Client First Consulting Kft. , wanted to focus the leaders interest on the benefits of mystery shopping and to show to good...
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Kremlin orders a freeze on food prices
Date: 2007-10-26 00:00:00
Food producers and big retailers have agreed to freeze prices on milk, bread, eggs and other staples until January 31 in a deal announced by the Agriculture Ministry. The price...
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