Company and Personal News

The Globserver Kft. and the Crown Foods Kft. won the main prizes of the Széchenyi Enterprise of the Year Awards

The Crown Foods Kft. catering company won the Széchenyi Enterprise of the Year award in the category of companies with an annual turnover of less than 500 million HUF, while...

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Kingfisher bought the Praktiker Romania DIY chain

The Brico Depot Romania belongs to the Kingfisher group of companies bought the hundred percent of Praktiker Romania’s shares from the Susli family – the Romanian mediafax news agency told....

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Auchan is preparing for the festive rush with Paleo Christmas fondants and special sweets

The candy season begins in Auchan a month and a half before Christmas. In the first half of November, mostly companies, nurseries and schools are buying sweets for Christmas. The...

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The SPAR received equal opportunities awards

SPAR Magyarország received the Disability Friendly Workplace award for the fourth time. The company received the Receptive Workplace special award for the cooperation with Janka Tanya who is woring with...

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Diego’s sales over sixteen billion

The Diego chain intends to reach 80 percent sales revenue growth and a 25 billion forints net sales on the Hungarian market by 2020 – the chain told MTI on...

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SPAR continues its modernization program

A new SPAR store was opened in Kistarcsa and the company carried out a major developments in other five cities in November. SPAR invested more than 1.7 billion forints on...

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Green playground games were handed over to the Tündérkert kindergarten in Gyöngyös

During the “Better Play in Green!” prize winning game of Henkel and Rossmann, the Tündérkert kindergarten in Gyöngyös gathered the most votes and won the 1 million HUF worth main...

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MFB: 32 billion forints credit for the construction of the citric acid plant in Szolnok

The Chinese-Hungarian joint venture, the BBCA Szolnok Zrt. and the Hungarian Development Bank (MFB) have signed a 12-year loan agreement for nearly 32 billion HUF loan for the construction of...

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This year, Santa is also packing into the boxes of DS Smith

Like last year, this year teh DS Smith Packaging is also helping the Santa Claus factory with thousands of boxes. The company would like to contribute to the deliver the...

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The Alkotás Point is celebrating its 15th anniversary

The “A” category award-winning Alkotás Point (Creation Point) is one of the few in the domestic office market where tenant extensions, expansions and rental rates are continuous for nearly 15...

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Fornetti plans 1-million-euro development

Kecskemét-based Fornetti Kft. spent nearly EUR 8 million on production development in the last 2 years and plans to invest another EUR 1 million in a Kiskunfélegyháza project. In the last fiscal...

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Mogyi: sales revenue exceeds 24 billion forints

Mogyi Kft.’s caramel-coated popcorn – developed from a budget of HUF 700 million – was a great success. The product is available in more than 23 countries and its sales have...

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Cooperative builds cold storage facility in Csorna

The Hanság-Fertőmenti Fruit-Vegetable Production and Sales Cooperative built a cold storage facility in Csorna from HUF 256 million, from which HUF 150 million was a state subsidy. In the 3,000m² refrigerated...

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New FINO product range made using modern technology

This November 100-percent Hungarian-owned, Kaposvár-based FINO Group put a new product range on the market. These products contain 30 percent more milk protein and they are made using state-of-the-art ultra- and...

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Varga Winery’s expansion in Feldebrő

Varga Winery Kft. invested nearly HUF 2 billion in two years to build the wine region’s biggest winery in Feldebrő. With the development project 20 new jobs were created. So far the new...

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Next year Kométa will launch new products

Kométa 99’ Zrt. invested HUF 8 billion in development in the last 10 years. The company has recently announced: as a result of a HUF 1.3-billion investment, they will start making new...

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SAP joins IAB

SAP has become a member of Interactive Advertising Bureau (IAB) Hungary. The software company – which offers more and more marketing solutions – has joined the biggest professional organisation of the...

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End-of-year awards for Trade magazin: a two-time Business Superbrands and one-time MagyarBrands winner

Having won its second Business Superbrands prize this year, in 2017 Trade magazine won the MagyarBrands recognition too. Managing director and editor-in-chief Zsuzsanna Hermann told: ‘We are very proud of these...

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Penny Market stores won’t be open on 24 December

Penny Market stores won’t be open on 24 December so that workers will have enough time to prepare for Christmas Eve. Between 21 and 23 December Penny Market shops will be...

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SPAR reopened two stores in November

SPAR Hungary invested almost HUF 3 billion in modernising the INTERSPAR store in Tatabánya and the supermarket in Bicske. Head of communications Márk Maczelka informed that they invested HUF 2.5 billion...

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Finances: a preparation guide for next year

According to Balázs Toldi, head of Budapest Bank’s corporate customers business area, the bank provides a full scale of financial services to micro-, small and medium-sized businesses. 90 percent of the...

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Hungarian Product: more than just a trademark

HUNGARIAN PRODUCT Nonprofit Kft. was established in 2006 and since then its programme has become Hungary’s biggest and best-known certification scheme for product origin. In 2017 they will implement a major marketing...

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Unilever’s acquisition in the USA

Unilever strengthens its hair and skin care portfolio by buying the brands of US company Sundial. New York-based Sundial realises annual sales of USD 240 million. The company plans further...

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Charcoal-coated toothbrush from Spar

Spar Austria has announced that they are launching a new private label toothbrush brand, called Beauty Kiss. The new toothbrush is covered with a natural cleansing agent, charcoal: it has...

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Coca-Cola makes a bid for Amazon customers

Coca-Cola keeps developing the online shopping experience, trying to increase online sales with special marketing efforts and offers. John Carroll, Coca-Cola’s general manager for e-commerce told: we are living in...

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Lidl is developing the fastest in the British market

Lidl has been the fastest developing retailer in the United Kingdom for five consecutive quarters. Lidl’s sales increased by 15.1 percent last year. The discount supermarket chain now has a...

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Croatian giant

Croatian consortium Agrokor performed better in every segment (food, agriculture, retail and wholesale) in the first three quarters of 2017. Sales revenue in retail and wholesale reached EUR 1.52 billion....

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Cuban flavours from Nestlé

Nestlé has announced a new investment in Cuba: the company is going to build a factory 45km from Havana until 2019. Nescafé, Nestlé fitness snacks, Nesquik instant drinks and Maggi...

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Growth strategy transforms Invitech Solutions

Invitech Solutions – a member of the Invitel Group – wishes to increase its share in the domestic ICT market. To this end the company has created a single sales...

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Kométa appoints new domestic meat product sales director

Due to the increase in sales turnover, Kométa will divide meat and meat product sales into two areas, which will be managed by two different directors. Newcomer Gábor Zab will...

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