This decade brings several novelties in the food production of the European Union. The new budget cycle, that will start in 2014 will bring several changes, the redistribution of the food business is likely to begin. The common agricultural policy will be renewed and the complicated system of subsidies and...
Due to the rise in prices, the turnover of bakery products have increased by about one tenth last year. According to the GfK market research institute, a Hungarian households typically buys two kilograms of bread per 5-6 days, mainly in small stores of the domestic chains, or in small independent...
According to analysts polled by MTI, the KSH data published in March about the weak industrial production corresponds to the European trend. The analysts expect 1.5 to 2.5 percent industrial production for 2012. According to the preliminary datas, industrial production fell declined by 1.6 percent in March, compared to the...
“Less dangerous product enter the EU market. But we must continue to work, so the construction of a permanent monitoring system will remain paramount importance” – said John Dalli Health and Consumer Policy Commissioner. The 2011 annual report on RAPEX, which is the European Comission’s warning system on non-food products...
The big chains are discovering newer and more and more surprising markets worldwide. It is not enough that we do the shopping in them (or via their webshop), some of them are operating as telephone service providers or as travel agencies as well. Recently, however, an another front opened in...
On the dynamic growing Chinese luxury market, beside the big Western brands, Chinese brands will also have a growing role in the near future – predict the researchers of the UIBE Peking University, focusing on the international economy. The Chinese companies produce, but do not build a real consumer culture...
The GfK market research institute lists Ireland, Portugal, Spain Italy, and Hungary among those countries, where retail sales will reduce this year, because of the debt crisis and the austerity measures. According to the joint study of the Austrian GfK GeoMarketing and the European Shopping Centre Trust (ESCT) the highest...
The creation of a professional organization containing primarily Hungarian-owned chains is on the agenda for months. According to the informations of Népszabadság, the two largest national chains, the CBA and the Co-op, the Áfeosz, allied with Co-op and the Federation of National Retailers (KISOSZ) are coordinating on this task. It...
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