News and articles
Improving industrial and construction expectations, deteriorating consumer, commercial and service expectations
The GKI economic sentiment index deteriorated marginally in May. According to the empirical survey conducted by GKI with the support of the EU, this was the result of the deterioration...
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Hungarian purchasing power and demographic variables
In 2017 European purchasing power growth was the 5th biggest in Hungary: up more than 10 percent, it was EUR 655/year/person – revealed data from GfK. The per capita income that...
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A positive environment for the FMCG sector
In the 4th quarter of 2017 the consumer confidence index was at 74 points in Hungary, approaching the 87-point average of the European Union. Like-for-like FMCG sales growth was 8.2 percent,...
Read moreThe agrarian chamber opposes the reduction of CAP funds
The National Chamber of Agriculture (NAK) strongly opposes the European Commission’s announced proposal to reduce the resources of the EU Common Agricultural Policy (CAP) in the future. The Chamber urges...
Read moreNational Chief Veterinary Officer warns of the methods of preventing swine fever
Approximately 10 percent of the country’s pig population can be found in Békés county, so it is of the utmost importance that local farmers to adhere to the protection measures...
Read moreThe Concordia Közraktár Zrt. expanded its storage capacity
The Concordia Közraktár Zrt. expanded its storage capacity with a modern hall warehouse at the Cegléd railway transshipment facility. The 1,200-square-meter building was handed over on Thursday, so the plant’s...
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The Irish milk producers retained impetus
Germany has the most dairy cows, but the dairy-farms of the Irish are the most crisis resistant. They survived both the Russian embargo and the milk quotient with unbroken impetus...
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Inflation is slowing down in the euro area and in the EU
The growth in consumer prices slowed in the euro area and in the European Union in April. According to final data published on Wednesday by the European Union’s Statistical Office...
Read moreBee World Day: the future of our food is at stake
The World Day of Bees will be celebrated for the first time this year. The United Nations Food and Agriculture Organization (FAO) encourages the world’s nations and everyone to do...
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The foreign trade surplus of the euro area has become smaller than expected
In March, a smaller than expected foreign trade surplus occured, but at the same time, it was much higher than in the previous month. The EU’s statistical office, Eurostat announced...
Read moreSmuggled cigarettes and illegal potency increasing materials were seized in Budapest
The National Tax and Customs Office (NAV) seized smuggled cigarettes and illegal potency increasing pills in Budapest. According to the statement of the National Tax and Customs Office (NAV) sent...
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One Million USD Whiskey at the Auction
A bottle of malt whisky was sold for a record price of 1.1million USD at an auction in Hong Kong. The very rare 1926 Macallan scotch whisky was sold an...
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The biggest investor was the poultry sector last year
The value of agricultural investments, surveyed by the Agricultural Research Institute in 2017 increased by 3.1 percent compared to the figures of the previous year. So there is no big...
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Magazine: Showered with fragrances
The sales growth continued in the shower gel market in 2017, in terms of both value and volume. Zsófia Molnár, skin and hair category manager of Unilever Magyarország Kft. told our magazine...
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The European Commission called on Hungary to discontinue the discriminatory taxation of spirit drinks
The European Commission sent a reasoned opinion to Hungary because, in its view, tax rules on certain distillates favor local products, in which Hungary violates the relevant EU directive. According...
Read moreHungarians are over the world average in Internet use
89 percent of Hungarians older than 16 use Internet every day, while the world average is 86 percent, according to a survey conducted by Google on Wednesday, questioning about 79,000...
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The Agrarian Chamber announced a multiannual development program
The National Chamber of Agriculture (NAK) has prepared a program proposal for the long-term development of the Hungarian agri-food industry, which reviews the sectors from the structural funds, identifies the...
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Dumplings, caviar and champagne at the Gourmet Festival
International star chefs, the best restaurants, confectioneries and wineries of the domestic gastronomy, as well as numerous programs await the visitors to the Gourmet Festival from Thursday to Sunday to...
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The fish and wine festival starts on Friday in Balatonfüred
The fish and wine festival in Balatonfüred starts on Friday. At the four-day event a wine fair, fish tasting, children and family programs are waiting for the visitors – the...
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Hungarian success: one-fifth of aquaculture resources will be for freshwater fish
The budget of the fisheries policy is expected to decrease with four percent in the new fiscal cycle, but the support level for freshwater fish production will increase. Erdős Norbert...
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The STI Group won five WorldStar Awards
The WorldStar Award for Packaging is the most prestigious competition in the packaging industry, where market-leading solutions from all over the world compete for the prestigious trophies. This year, not...
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SPAR Launch Delicious Gluten-Free Own Brand
Denise O’Callaghan quit her high-flying investment banking job in London when her father was diagnosed as a coeliac and started a new career as a baker – now she’s baking...
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Pampers Preemie Protection available now in Hungary
Pampers believes every touch of love matters for a premature baby. That’s why we’re introducing our smallest diaper ever to give the tiniest premature babies #touchesoflove. Pampers has partnered with...
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Magazine: Flavour preservers
Carbonated soft drink sales grew by two-digit numbers in 2017, primarily due to the excellent performance of cola products. Nikoletta Buzder-Lantos, marketing manager of Fővárosi Ásványvíz- és Üdítőipari Zrt. (they are present...
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(HU) Edenred, a kártyaalapú juttatások hazai szakértője!
Sorry, this entry is only available in HU....
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‘Three are the Hungarians’ campaign in Spar stores
HUNGARIAN PRODUCT Nonprofit Kft. organised a successful prize game between early March and mid-April. Products with the Hungarian Product trademark of 18 manufacturers participated in the promotion in Spar and Interspar stores. Shoppers had to...
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Much less food wasted by Tesco stores
In just one year Tesco Hungary cut the volume of food waste produced by stores by 35 percent. The retail chain donated more than 7,000 tons of food to people in...
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Trade magazin GDPR
We hereby inform our readers that Regulation (EU) 2016/679 (GDPR) statutorily applicable also in Hungary as of 25 May 2018 provides for more stringent rules on the information obligation related...
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Too much plastic waste causes problems
Nowadays it is trendy to be ‘green’ in Hungary as well. According to the experts of HWD Recycling Kft., the waste recycling market is affected by China’s decision to make waste...
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