Company and Personal News

Bio-boom at BioFach

A potential for growth is seen by markets players for bio foods primarily in large stores. An expanding selection of goods was represented at the BioFach exhibition held in Nurnberg....

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Change in ownership of Mecsek Füszért

Nyírzem ZRt. has acquired a majority share in Mecsek Füszért. Following the acquisition, the two companies will operate 225 stores with a retail turnover of almost HUF 25 billion, while...

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Question:

GVH has approved the Code of Conduct for retailers with significant market power at the end of 2006. Question for György Vámos, General Secretary of the National Trade Association: what...

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Lekkerland: wholesale, logistics, service

Lekkerland provides a full scope of services for the Hungarian convenience market, using numerous channels. Lekkerland has 1600 clients in Hungary, including petrol stations, industrial kitchens, retail outlets. Their assortment...

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Consumer and retailer trends

GfK Hungária examines the competition between sales channels in its “Kereskedelmi Analízisek 2006” study. Last year brought expansion for modern sales channels again. According to the comprehensive analysis by GfK,...

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Something wrong with cheap ham

Good ham is Hungarian and branded. In short, this is the advice given by the Association of Hungarian Meat Industry before Easter. This also applies to other types of meat...

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Szentkirályi winning again

Szentkirályi mineral water won an award in Paris again this year, at the Mondial Spa & Beautè exhibition. Szentkirályi won the award for the best foreign carbonated mineral water again...

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Answer:

A new feature of the law is regulation of excessive market power, namely the power of big retail chains. This allows complaints to be filed with the GVH, if suppliers...

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Aiming for 500 again

Scania ended an excellent year in 2006. Revenues, income and cash-flow reached an all time record. Registered orders were 44 per cent up compared to the previous year. Production capacity...

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No compromise!

GfK also examined the strategies of retail chains which reflect changing consumer attitudes. While in previous years, consumers accepted the compromise of low price for low quality, today they expect...

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Born to be the face

As an authentic representative of the Pepsi philosophy, Gaby the sexy housewife from Desperate Housewifes, alias Eva Longoria is the face of the advertising campaign for the new Pepsi Max...

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True hit

According to the Retail Index of Nielsen, the market position of chocolate bars shows spectacular improvement. Retail sales grew by 14 per cent in terms of value and 11 per...

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New warehouse

DHL Express Magyarország Kft. will establish a 3 hectare logistic centre in Budapest with an investment of HUF 4,5 billion. It will be completed in August or September 2007. A...

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On top of the wave of inflation

Consumer prices rose at peak rate in the first months of the year. According to a KSH survey, the average increase in consumer prices was 1,2 per cent in February,...

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Iglo prize game

Iglo succeeded in activating 300 thousand consumers with its SMS prize game during the last four months of 2006. During the promotional campaign, with a Peugeot 207 as first prize,...

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Structure intact during growth

The “price wave” generated by chocolate imports of recent years has not succeeded in changing the structure of the market or weakening the positions of strong brands. The dumping of...

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BILK changing its loading machinery

BILK Kombiterminál Zrt. began to change its fleet of mobile loading machinery last year. They purchase two new machines for HUF 300 million. They also made improvements in the software...

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Transfer prices to be documented

The number of international transactions is growing. Hungary is becoming integrated into the EU market end a growing number of international enterprises decide to establish regional headquarters of holding companies,...

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LLP becoming an Infor partner

LLP Group has become an official partner of Infor, the third largest business software supplier in the world. LLP Group is the official regional distributor of SunSystems, the business and...

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Pudding with cream improving its position

According to Nielsen, the retail sales of desserts made from milk products increased by 7 per cent in terms of value last year and is over HUF 7 billion. The...

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Wincanton moving into new location

Wincanton has moved into new premises of 21,600 square meters in ProLogis Park, in Gyál, near the junction of M5 and M0. Wincanton rents over 172 000 square meters of...

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Brands are more important elsewhere

Experts from PriceWaterhouse Coopers wanted to find out about the level of brand awareness in three countries of the region. Polish consumer habits are determined by the slow growth of...

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Törleys and art

A joint exhibition by two members of the Törley family has opened in Budafok. The paintings of Magdolna Piukovics and the sculptures of her daughter, R. Mária Törley are displayed...

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Health and pleasure for several target groups

The development of refrigerated milk desserts has been stable and dynamic. Between 2003 and 2006, the market grew by 50 per cent, with the volume of sales near 15,000 tons...

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Growing number of destinations

Gebrüder Weiss Szállítmányozási és Logisztikai Kft. achieved a 16 per cent increase in turnover in 2006, maintaining its leading position in South Eastern European grouped forwarding services. They have 170...

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Multinationals within walking distance

According to dr. Károly Flaskay, managing director of PWC, the rate at which new shopping malls are built seems to be falling. On the other hand, hyper markets seem to...

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