Gin-filled Christmas tree baubles now available in Hungary

Retail

Regional startup Loco Shark is bringing a truly disruptive Christmas idea to Hungary: tree baubles, filled with gin, according to a press release sent to the Budapest Business Journal.

Online marketplace startup Loco Shark came up with the idea of distributing these baubles after reading a story about a Scottish liquor producer who sold 30,000 gin-filled Christmas tree baubles in 82 seconds flat, just by posting one press release online.

The idea landed the producer EUR 350,000 in funding, with the product scooping the "Innovation of the Year" prize at the Scottish Gin Awards in the year following its introduction.

However, it was impossible to order such baubles in CEE countries until Loco Shark noticed the market gap. The online storeʼs own take on this Christmas decoration, called "Loco Santa Balls", filled with gin, of course, was awarded a gold medal for quality this year. The product is now available in Hungary as well.

More information is available here.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.