ANNUAL REPORT 2008 - Eckes-Granini Group
ANNUAL REPORT 2008 - Eckes-Granini Group
ANNUAL REPORT 2008 - Eckes-Granini Group
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The attitude and leadership style<br />
“ that prevail at our company<br />
enable us to be open-minded.<br />
János Barna<br />
| Hungary |<br />
SIÓ-ECkES kFT.:<br />
POSITIVE IMPULSES FOR SIÒ<br />
”<br />
Volume sales in the Hungarian fruit beverage market<br />
fell by 4.3 % in <strong>2008</strong>, while value sales rose slightly<br />
by 1 %. The recession, accompanied by declining real<br />
income and rising inflation, confronted the business<br />
community with major challenges. The global<br />
economic crisis also impacted on the market for fruit<br />
beverages, leading in turn to increasingly aggressive<br />
competition among suppliers. *<br />
In the face of this difficult business climate and<br />
despite a slight downward trend in volume sales, SIÒ-<br />
ECkES succeeded in strengthening its clear number 1<br />
position with a value-based market share of 26.4 %. *<br />
The strategic brands SIÓ and hohes C are the market<br />
leaders in their respective segments.<br />
Two new varieties – Pear and Multivitamin – were<br />
added to the SIÓ premium range in <strong>2008</strong>. Positive<br />
impulses for the SIÓ brand were also generated by<br />
the SIÓ fresh & fruit range of non-carbonated refreshment<br />
beverages, which contributed significantly to<br />
overall growth with a 16 % gain in volume sales.<br />
The launch of SIÓ VitaTigris fruit snacks also played<br />
an important role in the good overall performance.<br />
A 100 % fruit product sold in the practical resealable<br />
squeeze pack, this delicious, fruity snack is perfect for<br />
people on the go. SIÓ-ECkES has established a new<br />
product category in the Hungarian market with this<br />
innovative concept. The SIÓ könny és zamatos (Light<br />
and Delicious) line appeared in a new packaging<br />
design and was also extended through the add ition of<br />
new flavour varieties.<br />
The hohes C range of Mild Juices was successfully<br />
extended with the launch of the Mild Multivitamin<br />
variety.<br />
Advertising support was provided in <strong>2008</strong> for the SIÓ<br />
Premium, SIÓ VitaTigris fruit snack and SIÓ fresh &<br />
fruit brands as well as the hohes C range, with special<br />
emphasis on the new hohes C Mild Multivitamin juice.<br />
In <strong>2008</strong>, SIÓ-ECkES initiated the “köszönjük, SIÓ!”<br />
project, a children’s aid programme for needy families<br />
with school-age children, who were equipped with<br />
school bags.<br />
The partnership with Szentkirályi, a leading mineral<br />
water brand, was successfully continued in <strong>2008</strong>.<br />
SIÓ-ECkES strengthened its market position further<br />
through cooperation with the producer of the Bomba!<br />
energy drink. As market leader, SIÓ-ECkES will<br />
continue to generate fresh impulses for the Hungarian<br />
market with new products and initiatives in 2009.<br />
| * Market data for the retail food trade<br />
Hungary<br />
33