Company and Personal News
New key account manager at GA FOOD
As of 1 February 2018 Levente Matyasovszky is the key account manager of GA FOOD. His task will be managing relations with international partners. In the past Mr Mattyasovszky used to work...
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From next spring we can even pay with a selfie
From April 2019 Mastercard makes biometric authentication available to shoppers in Hungary too. A joint study by the University of Oxford and Mastercard has found that the majority of shoppers prefer...
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COOP wins sustainability award
At the end of October it was announced at the Word Sustainability Congress event in Dubai that retail chain COOP was rewarded with the Global Sustainability Leadership Award. //...
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Food saving programme is already running in 139 Tesco stores
Last year Tesco donated more than 6,700 tons of food to the Hungarian Food Bank Association. Tesco’s goal is not to waste a single bite of food in their shops. Since 2014...
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Magyarvíz sales grow faster than the market average
While like-for-like mineral water sales augmented by 3.8 percent in the Hungarian market in the first 10 months of 2017, in the same period sales by Magyarvíz Kft. – their brands...
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A poultry slaughterhouse was opened in Tata
A half automated slaughterhouse for the processing of 24 thousand poultry per day was opened by the Horváth Agrofarm in Tata, with an investment of 110 million forints – the...
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BeeRides: car sharing can be money-saving and money-making sources as well
The Hungarian established community car sharing startup continues to expand with foreign capital involvement. During a trip to abroad, a large proportion of cars are out of stock. The Hungarian-based...
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Henkel achieves new highs in sales and earnings
Sales increase to 20,029 million euros, first time above 20 bn euros: nominal growth +7.0%, organic growth +3.1% EBIT margin* reaches new high: +40 basis points to 17.3% Earnings per...
Read moreTesco’s customers can decide on the tenders
Once again, the Hungarian Donor Forum (MAF) will assist Tesco for the fourth time in the “We Choose, We Will Help” community program. In the program, each organization that will...
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The MVM Partner Zrt. and the Reál Hungária Kft. established an electric filling station node
The MVM Partner Zrt. and the Reál Hungária Kft. established an electric filling station node – a so called HUB – at the Kondorosi Street site of the chain in...
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Test cuts can start in the fall in the waterbird slaughterhouse in Mélykút
In the autumn, test cuttings can be started at the waterbird slaughterhouse of the Hunent Víziszárnyas Feldolgozó Zrt. (Hunent Waterfowl Processing Zrt.). The investment was implemented from about 12.6 billion...
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New Zealand’s super-dairy
From the branded dairy products of the a2 Milk New Zealand company, already twice as more is consumed than the own-branded products of the chain of stores. The company’s value...
Read moreIkea’s revenue increased by 14 percent
Ikea’s revenue grew to 61 billion forints in the fiscal year ended September last year, which is 14 percent higher than in the previous year – the Swedish-owned chain announced...
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The products of the Tihany Selection and Karaván brands are available in a new packaging
Product photos have become more accentuated than ever before, and thanks to the new colors the packagings of the Tihany Selection (Tihany Válogatás) and Karaván cheeses provide a clearer picture....
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The Rubin Kft. develops paprika grist from over 100 million HUF
The Rubin Szegedi Fűszerpaprika Feldolgozó Kft. has announced that it will produce a stable red pepper powder from more than 100 million HUF. About 78 million HUF is non-reimbursable EU...
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136 billion USD in sales at Wal-Mart
Wal-Mart had a weaker performance than expected in the fourth quarter of its fiscal year ended at the end of January – portfolio.hu wrote. Profit from the period lagged behind...
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The plant of HELL in Szikszó to be expanded with a unique filling line
On 22 January, the HELL ENERGY Magyarország Kft. started the installation of its newest metal box filling line. With the investment totaled at 5 billion HUF, domestic energy brand –...
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The Hőgyészi Agrokémiai Kft. plans a huge growth
This year, the Hőgyészi Agrokémiai Kft., which mainly sells agrochemicals and seeds, plans to increase this year’s sales revenue significantly. Last year the revenue growth was about 10 percent. The...
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A mushroom growing plant is under construction in Tiszapüspöki
A mushroom growing plant is under construction in Tiszapüspöki, Jász-Nagykun-Szolnok County, from about 1 billion 800 million HUF. The government supports the construction of the plant with 500 million HUF....
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Magazine: HPS Group is on a growth path
HPS Group was established in 1994 and it is one of the biggest marketing and sales support agencies in Hungary. They have decades of experience in cooperating with multinational companies and...
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More milk in Pöttyös Tejsüti
The new version of dairy snack Tejsüti contains 48 percent more milk than before. Andrea Szabó, senior brand manager of Pöttyös told that the new taste of the product is the...
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Aldi bought the Kokardás brand of Alföldi Milk
The Aldi Magyarország Élelmiszer Bt. has purchased the Kokárdás brand of the Alföldi Tej Kft. (Alföldi Milk Ltd.) Bernhard Haider, Managing Director of Aldi Hungary said at a press conference...
Read moreCarlsberg beer extends its offer with a crafted beer of a small brewery
Carlsberg’s Hungarian company, the Carlsberg Hungary Kft. signed a cooperation agreement for the exclusive distribution of a kraft crafted beer of the Horizont Brewing small-scale company. The distributor expects to...
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Alza opened a self-service shop open 24 hours a day in the Czech capital
The Alza opened a self-service shop without a cashier in Prague from nearly 200,000 euros, (about 62 million forints). It is open 24 hours a day, and its operating costs...
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Magazine: How can a family business be successful?
According to Ákos Ékes, family business specialist of K&H Bank, family-owned enterprises contribute nearly 50 percent of the country’s GDP. Thanks to their set of values and attitude, they are also...
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Auchan has expanded the range of foods offered for donations with vegetables and fruits
Auchan operates its program in 16 stores in Hungary with the help of the Hungarian Food Bank Association. As the result of the cooperation with the Food Bank Association, about...
Read more32 tons of used cooking oil was collected at the Mol filling stations in January
A record volume of 32 tonnes of used baking oil was recollected at the Mol filling stations in January, compared to the average monthly 13 tons – Mol told MTI....
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Huawei’s brand value has grown to one and halffold, Amazon is the most valuable brand
Huawei’s brand value grew by more than fifty percent over one year, according to the Global 500 2018 ranking of the Brand Finance Business Evaluation and Strategic Consulting Company –...
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Magazine: GKI celebrates 25 years with a conference
GKI Economic Research Zrt. organised a conference to celebrate its 25th birthday. Participants discussed whether Hungary should join the euro area or not. Nándor Csepreghy, secretary of state at the Prime Minister’s Office opined...
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