News and articles
The year of breaking records
Date: 2017-12-01 14:52:26
From many points of view, this year was about breaking records in Hungary: the consumer confidence index reached the level where it had been before the recession – 76 points...
Read more
Winners of the 2017 HUNGAROPACK Hungarian Packaging Competition
Date: 2017-12-01 12:08:34
The Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised the first HUNGAROPACK Hungarian Packaging Competition in 1967. They celebrated the competition’s 50th birthday with the patronage of Minister of Agriculture...
Read more
Nielsen: chocolate Santa Clauses brought the two-thirds of the turnover
Date: 2017-12-01 11:59:26
Chocolates are the biggest favorites of the Christmas holiday season: over 400 million tonnes ie over eight million was sold in October-December 2016, according to the 90 food category of...
Read more
ALDI Hungary’s green programme rewarded
Date: 2017-12-01 11:41:40
ALDI Hungary’s 2017 complex energy project won the CSR Hungary award in the ‘Environment-Green Excellence’ category. As a responsible company, ALDI Hungary continuously develops and introduces environmentally friendly solutions that reduce...
Read more
KSH: foreign trade surplus was 937 million euros in September
Date: 2017-12-01 11:40:47
In September, the value of exports increased by 5.6, while imports increased by 6.7 percent compared to a year before. Foreign trade sales amounted to 937 million euros, 28 million...
Read more
L’Oréal recognised for leadership in environmental matters
Date: 2017-12-01 11:39:31
L’Oréal is a global leader in corporate sustainability. The Carbon Disclosure Project (CDP), an independent organisation that issues environmental certificates, has recently announced that L’Oréal scored an ‘A’ for all three...
Read more
Retail giants sign strategic agreement in China
Date: 2017-12-01 11:33:23
Alibaba Group Holding Limited, Auchan Retail S.A. and Ruentex Group have signed a strategic agreement: they decided to share the experience they have in traditional (offline) and digital (online) retail, in...
Read more
Nearly 180 tons of food products were donated by Tesco customers
Date: 2017-12-01 11:33:02
Tesco’s customers donated 178 tons, ie 445,000 servings of food, in the Christmas fundraising campaign of the Hungarian Food Bank Association. In addition to the donations of the buyers, Tesco...
Read more
The happy winner of the METRO prize game could take his car home
Date: 2017-12-01 11:30:07
Török László, the lucky winner of METRO’s “Play and travel with us!” prize-winning game, was handed over the main prize the TOYOTA Yaris Hybrid passenger car on 27 November. Török...
Read more
Celebrating cheese
Date: 2017-12-01 11:29:32
The 1st SZEGA Cheese Festival of Nations was a great success. It was a milestone event as the International Guild of Cheese Masters, which has 6,000 members from 40 countries, has...
Read more
This year’s Lidl cookbook published
Date: 2017-12-01 11:25:55
‘A Flavour Trip around Hungary’ is the title of Lidl Hungary’s third cookbook. Zsófi Mautner and Tamás Széll wrote the book, which introduces the traditional and modern sides of Hungarian gastronomy. Lidl...
Read more
Henkel teams up with Plastic Bank
Date: 2017-12-01 11:19:46
Henkel has entered into a partnership with social enterprise Plastic Bank. The organisation’s goals are to stop polluting oceans with plastic and to create opportunities for people living in poverty. New plastic...
Read more
The Széchenyi Enterprise Award of the Year was awarded to Globserver and Crown Foods Kft. while the Széchenyi Bridge Award was given to Bitrise
Date: 2017-12-01 11:15:05
Globserver, specializing in security technology and arms sales won the Széchenyi Enterprise Award of the Year in 2017 in the category of companies exceeding 500 million HUF annual turnover, while...
Read more
FM: winemakers no need to issue a stock report in December in the future
Date: 2017-12-01 11:14:36
According to the new excise law that entered into force this year, winemakers do not have to prepare the December stock report – Gál Péter, deputy minister of state of...
Read more
Exim expects to lend to half of Hungarian exporting companies by 2021
Date: 2017-12-01 11:13:40
In its medium-term strategy, Eximbank has set itself the goal of achieving half of the Hungarian export companies with its products by 2021, Urbán Zoltán, Chief Financial Officer said on...
Read more
A growth in the November Purchasing Manager Index
Date: 2017-12-01 11:12:49
The seasonally adjusted Purchasing Manager Index (BMI) for November was 58.6 points, slightly more than the 58.3 points of September. Compared with previous Novembers, this year’s value exceeds the long-term...
Read more
VOSZ organized the Day of Entrepreneurs for the 19th time
Date: 2017-12-01 11:10:09
Never a worse year – Varga Mihály evaluated year 2017 at the 19th Entrepreneurs Day this year. The Minister of National Economy recalled that next year the burdens on wages...
Read more
Entries are now open for the Consumer Protection Manager of the Year competition
Date: 2017-12-01 11:07:40
The Consumer Protection Manager Association (FORE) wishes to reward the efforts of Hungary’s more than 2,000 consumer protection managers with the ‘Consumer Protection Manager of the Year’ prize. Winners will be...
Read more
This year, Nébih imposed more than 8 million HUF fish protection fines
Date: 2017-12-01 11:03:37
This year, as compared to last year, the amount of fishery fines imposed by the State Fishery Service (ÁHSZ) on illegal fishing increased by 8 percent. The number of fines...
Read more
FM: The ornamental plant sector’s turnover exceeds 120 billion HUF annually
Date: 2017-12-01 11:00:44
The ornamental plant sector’s revenue exceeds 120 billion forints annually and provides the livelihood of almost 25 thousand families – Nagy István, the Parliamentary Minister of State of the Ministry...
Read more
VAT cut – reloaded
Date: 2017-12-01 10:57:27
In the last 2 years the VAT on basic food products such as eggs, pork and poultry was reduced, but internet service’s VAT also became lower than the earlier flat rate of 27 percent....
Read more
FM: Hungarian milk exports can start to China
Date: 2017-12-01 09:45:06
Thanks to several years of discussions of the Ministry of Agriculture (FM), 13 Hungarian establishments have been allowed to deliver milk and dairy products to the People’s Republic of China...
Read more
More from less in the packaging industry
Date: 2017-12-01 09:16:15
Márta Enyedi, Sealed Air’s food care business development leader told our magazine that they manufacture and sell flexible plastic packaging materials (films, vacuum and vacuum shrink bags) in every part...
Read more
Paving the way for online FMCG sales growth
Date: 2017-12-01 09:15:43
According to Nielsen’ ‘What’s Next in E-commerce’ study, which analyses the latest online consumption trends in the FMCG sector, while total FMCG sales are increasing by 4 percent a year,...
Read more
World-class packaging solutions
Date: 2017-12-01 09:11:50
Miklós Nagy, general secretary of the Hungarian Association of Packaging and Materials Handling (CSAOSZ) told our magazine: the packaging industry realised HUF 588-billion sales in 2016 – the sector’s output...
Read more
Global brands in good position
Date: 2017-12-01 09:04:41
Nielsen’s annual brand origin report analyses consumer preferences and emotions in 34 product categories when it comes to buying local or global brands. In former years there was some kind...
Read more
Changes in transfer pricing rules from next year
Date: 2017-12-01 09:00:58
In the case of associated companies, the Ministry for National Economy plans to introduce a more complex and complicated registry form instead of the present one. This change will affect not...
Read more
Stricter audit systems in quality assurance
Date: 2017-12-01 08:59:38
According to Balázs Bóza, business manager – CRS of SGS Hungária Kft., it is more and more frequent that a company’s owner – in basically all industries – initiates the...
Read more
Hungarian retail trade was the second best in Europe in the third quarter
Date: 2017-12-01 08:56:58
In Q3 2017 Hungarian FMCG retail sales grew by 5.3 percent in comparison with Q3 2016. The European average was a 2.8-percent sales growth and only Turkish retail trade outperformed...
Read more
Intersnack employs more people than last year
Date: 2017-12-01 08:41:22
Thanks to the increase in export Intersnack – the manufacturer of Chio products – employs 11 percent more people this year than last year. At the moment Intersnack has 400 employees,...
Read more