News and articles
FAO: Conflicts and weather patterns strain food security
High levels of food insecurity persist in the world, due largely to conflicts and to adverse climatic shocks that are taking a toll, particularly in East African and Near East...
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Retail trade turnover declined in December in the euro area
Retail sales declined slightly, a bit higher than expected in December compared to the previous month in the euro area. The European Union’s Statistical Office (Eurostat) announced on Monday that...
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Hungarian online retail’s value exceeds 1.2 billion euros
While sales increased by 6 percent in traditional retail, online retail sales soared by 18 percent in Hungary last year, passing the HUF 360-billion threshold. From total sales the share of...
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Alza focuses on fast delivery and a large selection of products
Czech company Alza.cz is a trendsetter and market leader in the domain of e-commerce. This is indicated by not only their record net sales of EUR 820 million last year, but...
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Mall Group is the No.1 online retailer in the region
Internet Mall Hungary Kft. operates one of Hungary’s biggest online shops, Mall.hu. Its parent company the Mall Group also has online shops in Poland, Slovakia, Slovenia and Croatia, with a state-of-the-art 55,000m²...
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More than a quarter of Hungarians would use the new payment technology
According to a recent survey by Mastercard, one quarter of Europeans and 27 percent of Hungarians would like to pay with a smart watch, bracelet, keychain or other wearable smart...
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Waterfowl processing plant in Mélykút to be expanded
This autumn production will start at Hunent Víziszárnyas Feldolgozó Zrt.’s new waterfowl processing plant, which is being built from HUF 12.6 billion. The government financed the project with HUF 4.4 billion. About...
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Rubin spends more than 100 million on development
Rubin Szegedi Fűszerpaprika Feldolgozó Kft. invests more than HUF 100 million in its new ground paprika, from which HUF 78 million is EU funding. Last year the company also sold 1,900 litres...
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Twenty million euro investment in Orosháza
A new furnace is being built from EUR 20 million in the Orosháza glass jar and bottle factory of O-I Manufacturing Magyarország Üvegipari Kft. The project will be completed by early...
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Zalaco creates 150 new jobs
Baking company Zalaco Sütőipari Zrt. has received HUF 836-million non-refundable financial support for their HUF 4-billion development budget, from which they are going to triple their production capacity. The company will build...
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Solar farm to be built on agricultural land
Two 50-hectare areas will be added to the territory of the Hódmezővásárhely industrial park, where agricultural machinery production and food industry enterprises are welcome. A solar farm is going to be...
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Biotechnology from Denmark in Pécs
Denmark-based biotechnology company Foss establishes a research and development centre in Pécs from a budget of HUF 2 billion. In the 2,000m² building 88 highly qualified people will work. Foss’ method is...
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NAK’s Food processing department wants further VAT cuts
József Losó is the head of NAK’s Food processing department, the most important goals of which are to analyse the Hungarian trademark situation and to continue reducing the VAT on...
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NAK launches campaign to promote beef consumption
Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) told at the campaign launch press conference: Hungarians eat 2-2.5kg of beef a year, which is only one third of...
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The output of Hungary’s horticulture sector can be doubled
Hungary’s horticulture sector produces in the value of HUF 400 billion a year. This sum can be doubled with modernisation, simplifying rules and strengthening marketing work – it was said at the first...
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Objective: to strengthen fair trade practices
NAK has established the Agriculture and food trade department, with Dr Attila Csorbai as the head and NAK vice president Tamás Éder supervising the work. At the department’s first meeting the...
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Hungarian pork sector in the limelight
The Hungarian Meat Industry Federation (MHSZ) organised a press conference, where president Tamás Éder spoke about the meat industry’s last 12 months. He revealed that the number of pigs decreased by...
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Association of Hungarian Confectionery Manufacturers: new secretary
From 5 March Gábor Intődy has been the secretary of the Association of Hungarian Confectionery Manufacturers. Mr Intődy used to work for IBM, Vodafone and SABMiller in the past, as a...
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New INTERSPAR store to be built in Tata from 4.2 billion forints
SPAR has announced that they are going to build a 5,200m² new hypermarket in Tata, which will utilise green technologies. The new store – the 34th INTERSPAR in Hungary – will create...
Read moreCarbon neutral operations at ALDI in Hungary
ALDI is committed not only to its consumers but also towards sustainability, and is constantly working to reduce its emissions from its operation. One of the important goals of ALDI’s responsible...
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Analysts: the foreign trade surplus in January was higher than expected
The foreign trade surplus in January exceeded the expectations and the surplus will be lower than in the previous year, but the decline will be lower than last year –...
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The Urbán és Urbán Kft. is expanding
The Urbán és Urbán Kft. is expanding its capacity with a new manufacturing plant in Rétság, Nógrád County; the current 22-tonnes capacity will be expanded with a further ten tonnes...
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Many people visited the Hungarian Flavours Fair
In spite of the bad weather about 7,500 people visited the Hungarian Flavours Spring Fair at the second weekend of March. Visitors could choose from more than 1,000 typical Hungarian foods,...
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Another Hungarian food plants can export to Taiwan
Another 8 poultry slaughterhouses and 1 poultry and 2 pig processing plants have been granted the export license from Taiwan’s Veterinary and Phytosanitary Inspection and Quarantine Office (BAPHIQ) – the...
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Enter the world of GURUs!
The Pöttyös GURU is completely renewed in March. Not only does the packaging and the logo become cooler and dynamic, but in addition to the usual caramel flavor, two new...
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The EC has established an expert center to improve food quality
The European Commission has set up a knowledge center on fighting food fraud and dealing with food quality. It will begin to operate on Tuesday – the EU commission told...
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Innovation in cooperation with Hungarian suppliers
This spring Soproni Radler beer products – in both alcoholic and alcohol-free versions – will appear on store shelves in sour cherry-lemon and elder-lemon flavour combinations. HEINEKEN Hungária uses exclusively Hungarian...
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Szamos Marzipan visited Cologne
At the end of January Cologne was the host of international sweets and snacks trade fair ISM. Szamos Marzipan was present with its own stand – 1,647 exhibitors presented their products...
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NGM: the economic cooperation in the Carpathian Basin should be expanded further
The aim of the government is to develop an economic space in the Carpathian Basin by investing and strengthening business relations that will reach the level of economic integration of...
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Real earnings may rise above 6 percent this year
According to the calculations of the ministry, real earnings may rise above 6 percent this year – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM) responsible...
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