News and articles
Growth in retail sales accelerated in the Czech Republic
In January, the annual growth in retail sales in the Czech Republic accelerated to 8.2 percent from the 4.6 percent of December, the Czech Statistcal Office (CSÚ) announced on Thursday...
Read more
Making Every Drop Count: UN Water Presidency called everyone to fight against the global water crisis
The United Nations Water Presidency urges immediate steps to avoid the global water crisis. Making Every Drop Count: An Agenda for Water Action, released by a panel of 11 Heads...
Read more
Lidl withdraws nylon shopping bags from circulation
Lidl withdraws nylon shopping bags from its British stores – Origo reports the store chain announcement. The aim of the German company is to reduce the environmental burden caused by...
Read moreA Japanese tobacco company buys a Russian branch company for 1.56 billion USD
The Japan Tobacco Inc. (JTI), the world’s third largest tobacco company, buys the Russian Donskoy Tabak company for 1.56 billion USD to strengthen its leading role on the Russian tobacco...
Read more
Red Bull launched a limted series edition Neymar Jr.’s face
Red Bull Energy Drink unveils a limited edition can featuring global soccer icon Neymar da Silva Santos Junior – commonly known as Neymar Jr. The release of the special Red...
Read more
Magazine: Strong hair and an even stronger category
The Hungarian hair care market had been growing dynamically for years and the trend continued in 2017 – our magazine learned from Abigél Győri, Henkel Magyarország Kft.’s junior brand manager. All...
Read more
Future Store for the fifth time
International trade fair SIRHA Budapest took place between 7 and 9 February. Trade magazine built a 500m² shop, called Future Store, where never before seen technologies and FMCG innovations were presented. Visitors...
Read more
Exhibitors entered the competition with successful innovations once again
On 7 February the award ceremony of the 3rd Sirha Budapest Innovation Competition took place at the Sirha Budapest 2018 trade fair. The diplomas and prizes were presented to the winners...
Read more
Cake of Hungary
The Guild of Hungarian Confectioners organised the Cake of Hungary contest for the 12th time, to celebrate national holiday 20 August in style. New and creative ideas were welcome by the...
Read more
Dessert competition
The Sirha Budapest Dessert Competition took place on the last day of the trade fair, which was organised for the third time by Zoltán Kolonics, one of Hungary’s most famous...
Read more
Ádám Pohner will represent Hungary in the European final of Bocuse d’Or
One of Sirha Budapest’s highlights was the Hungarian final of the Bocuse d’Or chef competition. Several hundred people were cheering for the country’s best chefs, who were cooking from ingredients purchased...
Read more
Event Gastronomy Championship
On the first day of the Sirha Budapest trade exhibition the 1st Hungarian Event Gastronomy Championship: International Catering Cup – Hungary Selection contest was organised. Four event gastronomy companies qualified for...
Read more
The best chefs in public sector catering
Eurest Budapest was the team that won the ‘Public Sector Catering Competition 2017-2018’ on 9 February. The National Food Chain Safety Office (NÉBIH) and the National Association of Public Sector Catering...
Read more
Sirha Budapest, 2018: A culinary capital for three days
Already the third Sirha Budapest trade show was organised this year at the Budapest Fair Centre. There were more than 20,000 trade visitors at the event, to see what more than...
Read more
Spar Northern Ireland transports refrigerated products more efficiently
Spar UK’s Northern Ireland franchise owner, Henderson Group, has upgraded its refrigerated delivery fleet with sustainable units developed by the refrigeration company Thermo King. The new, more efficient Thermo King SLXi 300...
Read more
Henkel’s record breaking 2017 fiscal year
Henkel realised record breaking EUR 20.029-billion sales revenue in the 2017 fiscal year. The company’s organic sales growth was a strong 3.1 percent in this period. Henkel’s adjusted operating profit...
Read more
FrieslandCampina acquires its Chinese affiliate
Dutch dairy company FrieslandCampina has announced acquiring a 100-percent share in its Chinese affiliate Friesland Huishan Dairy (FHD). FHD was established in April 2015 and manufactures and sells infant formula...
Read more
Metro AG reports growth for the first quarter
German company Metro AG has announced that sales were up 0.2 percent in the 1st quarter at EUR 10.1 billion; like-for-like sales increased by 0.8 percent. Earnings before interest, taxes,...
Read more
Nestlé buys majority stake in Terrafertil
Swiss company Nestlé has announced acquiring a majority share in Ecuador-based health foods company Terrafertil, which has a large portfolio that includes the Nature’s Heart brand. Then founders will continue...
Read more
Spar Austria keeps expanding
Austrian FMCG retailer SPAR realised gross EUR 14.64-billion sales revenue in 2017, 6.5 percent more than in 2016. The growth was driven by expanding existing shops and acquiring 40 Billa...
Read more
Lidl to invest 200 million euros in Ireland
Lidl is going to invest EUR 200 million in Ireland in the months to come. One of the development projects is building a new distribution centre in Newbridge from EUR...
Read more
Maxi wins My Choice Award in Serbia
The programme of the Serbian tourism organisation and the country’s Chamber of Commerce and Industry rewards those who do the most for domestic products and brands. More than 1,900 consumers...
Read more
Unilever completed buying Quala’s care division
With this move – which was announced in May 2017 – Unilever acquired leading South American brands such as Savital, eGo, Bio-Expert, Fortident and Aromatel. Unilever CEO Paul Polman told:...
Read moreKSH: the rise in agricultural producer prices continued to slow in January
In January, agricultural producer prices rose 2.1 percent, compared to the previous year, due to a 2.6 percent increase in plant products prices and the 1.4 percent increase in the...
Read more
Nielsen: the market of own-branded products has gained a new impetus
The Hungarian consumers purchase commercial brands from pet foods and kitchen towels. The market of commercial brands has gained a new impetus in term of the sales of global retail...
Read more
Meat Association: the performance of the meat industry decreased by 2.9 percent last year
The performance of the meat industry dropped by 2.9 percent in 2017. The economic impact of the poultry flu played a decisive role in the downturn – Éder Tamás, Social...
Read more
The MNKH and the National Center for Agricultural Research and Innovation signed a cooperation agreement
The Hungarian National Trading House (MNKH) and the National Center for Agricultural Research and Innovation signed a cooperation agreement in Budapest on Tuesday, aiming to make the MNKH internationally known...
Read moreDeloitte: optimism characterizes the largest companies in the region
The financial executives of the Central European companies are more optimistic about their business prospects than at any time in the past three years, and the main reason for the...
Read more
Thirty percent more loans were granted by the Takarék Group last year
A total of 410 billion forints new loans were released last year by the Takarék Group, almost 90 billion forints and 30 percent more than in 2016. According to the...
Read more
Fidelity: corporate confidence at record heights
The confidence index of the world’s largest companies for this year reached heights has not seen for five years – according to Fidelity International’s latest survey. Despite the increase in...
Read more