RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA

Following the political transformation of Hungary fundamental changes took place in the trading sector as a consequence of privatization. The influx of active capital considerably influenced the economy and due to its multiplying effects new enterprise management systems, new work comprehension, new...

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Main Authors: Erzsébet PÉTER, Miklós WEISZ
Format: Article
Language:Bulgarian
Published: University of Zagreb, Faculty of Agriculture 2007-12-01
Series:Journal of Central European Agriculture
Subjects:
Online Access:http://jcea.agr.hr/articles/493_RECENT_TRENDS_IN_THE_FOOD_TRADE_SECTOR_OF_HUNGARY_THE_EXAMPLE_OF_THE_LAKE_BALATON_RESORT_AREA_en.pdf
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author Erzsébet PÉTER
Miklós WEISZ
author_facet Erzsébet PÉTER
Miklós WEISZ
author_sort Erzsébet PÉTER
collection DOAJ
description Following the political transformation of Hungary fundamental changes took place in the trading sector as a consequence of privatization. The influx of active capital considerably influenced the economy and due to its multiplying effects new enterprise management systems, new work comprehension, new service background were established to help the economy participants. Chain formation, trade companies and shopping centres having large floor-space moved into the area with their modern equipments and wide commodity assortment, assisted by foreign capital investment. At the same time national retail trade declined, micro enterprises with few employees lost their survival possibilities in the area. The reply of the food trade sector to the entry of well-capitalized enterprises in the area was that the “chain formation” of smaller retailers became more frequent in the last years in Hungary. This type of transformation made them capable of competing with the big companies.
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spelling doaj.art-1eb8bf0cb8304fa59e7fff1c1b57bc392022-12-22T00:49:54ZbulUniversity of Zagreb, Faculty of AgricultureJournal of Central European Agriculture1332-90492007-12-0183381396RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREAErzsébet PÉTERMiklós WEISZFollowing the political transformation of Hungary fundamental changes took place in the trading sector as a consequence of privatization. The influx of active capital considerably influenced the economy and due to its multiplying effects new enterprise management systems, new work comprehension, new service background were established to help the economy participants. Chain formation, trade companies and shopping centres having large floor-space moved into the area with their modern equipments and wide commodity assortment, assisted by foreign capital investment. At the same time national retail trade declined, micro enterprises with few employees lost their survival possibilities in the area. The reply of the food trade sector to the entry of well-capitalized enterprises in the area was that the “chain formation” of smaller retailers became more frequent in the last years in Hungary. This type of transformation made them capable of competing with the big companies.http://jcea.agr.hr/articles/493_RECENT_TRENDS_IN_THE_FOOD_TRADE_SECTOR_OF_HUNGARY_THE_EXAMPLE_OF_THE_LAKE_BALATON_RESORT_AREA_en.pdffood tradeforeign capitallake balaton resort area
spellingShingle Erzsébet PÉTER
Miklós WEISZ
RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA
Journal of Central European Agriculture
food trade
foreign capital
lake balaton resort area
title RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA
title_full RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA
title_fullStr RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA
title_full_unstemmed RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA
title_short RECENT TRENDS IN THE FOOD TRADE SECTOR OF HUNGARY, THE EXAMPLE OF THE LAKE BALATON RESORT AREA
title_sort recent trends in the food trade sector of hungary the example of the lake balaton resort area
topic food trade
foreign capital
lake balaton resort area
url http://jcea.agr.hr/articles/493_RECENT_TRENDS_IN_THE_FOOD_TRADE_SECTOR_OF_HUNGARY_THE_EXAMPLE_OF_THE_LAKE_BALATON_RESORT_AREA_en.pdf
work_keys_str_mv AT erzsebetpeter recenttrendsinthefoodtradesectorofhungarytheexampleofthelakebalatonresortarea
AT miklosweisz recenttrendsinthefoodtradesectorofhungarytheexampleofthelakebalatonresortarea