News and articles

Moody’s: Good growth prospects for the world’s largest economies, but there are event risks

The growth prospects for the world’s largest economic centers are particularly good for this year and for the next, although geopolitical risks, may heavily leverage regional credit market conditions especially...

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Metro’s turnover increased

The turnover of the German Metro AG wholesale and retail chain of stores grew in the quarter ended in July, partly due to the acceleration of online trading and merchandise...

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Inflation in the euro area has accelerated

As a result of rising energy prices and rising services, the rate of inflation growth in the euro area accelerated in August, according to the preliminary data of Eurostat. The...

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The Nanushka fashion company is building a new business model

The company that owns the Nanushka, a Hungarian fashion brand is building a new business model and strengthens its online sales activity. As a result, the company this year expects...

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Tesco is ready to set wage issues with employees

The press release says that Tesco-Global Áruházak Zrt. has raised the wages of some 13,700 employees this year by an average of 12.4%, the second year running it has effected...

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GKI

Coming soon, check back later!...

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A wide selection of Christmas gift packs will be available this year

Christmas gift packs realise considerable sales and market players say some shoppers also purchase these products in this period for themselves, because they can get the items in them cheaper. Classic...

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Healthcare services fund cards are now accepted in dm stores too

From mid-July customers can also pay with their healthcare services fund card in dm stores. The drugstore chain accepts the cards issued by the following funds: Medicina, MKB, OTP, Patika and...

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Second Soproni Beer Rally was focusing on water

HEINEKEN Hungária organised the second Soproni Beer Rally. Drivers of the 10 journalist teams had to cover a distance of 300km to reach Sopron’s VOLT Festival. This year the event was focusing...

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Gallicoop builds new packaging plant

Szarvas-based turkey product manufacturer Gallicoop Zrt. is building a new packaging facility from a budget of HUF 1.65 billion. The new packaging plant will be up and running by the first half of...

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Áldomás products can now also be bought online

Áldomás, Hungary’s premium quality collective food product brand has reached another milestone: the products can now be purchased online and the brand is also present in social media. At the moment 32...

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Green Brand award for Rossmann

Rossmann’s two private label product lines, Alterra natural cosmetics and enerBIO organic food products, have won the Green Brand 2017/2018 award in Germany. This is the second time that Rossmann has...

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‘Mini’ Auchan in China

Auchan has opened its first mini store in China. The 13m² shop is called Auchan Box, it sells 500 different products and it is open 24 hours a day, 7...

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András Gyenes named as Scitec’s new CEO

As of July András Gyenes is the new CEO of Scitec Nutrition. Mr Gyenes acquired great professional experience during the 22 years he spent in various executive positions at Unilever. Scitec Nutrition...

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Rural development is impossible without subsidies

On 28 July the Hungarian Chamber of Agriculture (NAK) organised a roundtable discussion on the future of the agri-food sector at the Bálványos Summer Open University and Student Camp in...

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Energy buying tender for NAK members

In the autumn of 2017 the Hungarian Chamber of Agriculture (NAK) will announce an electrical energy buying tender for members. Chamber members will have the chance to purchase electrical energy at...

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Hungarian farmers are actively shaping the Common Agricultural Policy

Hungarian farmers were very active in the consultation process of the EU’s Common Agricultural Policy (CAP): Hungary sent the sixth most opinions for the draft reform of the CAP. It is noteworthy that almost...

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Tesco to stop selling eggs from cage-raised hens

By 2025 Tesco will stop selling eggs from cage-raised hens. This is true for both private label and branded products. The well-being of animals is very important for the retailer, so in...

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Successful first half of the year for Heineken

Thanks to the hot summer and growing demand for quality beer in the Asian market, Heineken products performed much better than expected in the first half of 2017. Profit increased...

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GfK appoints new business development manager

In July 2017 Tünde Turcsán joined GfK Hungary’s Shopper team as business development manager. Ms Turcsán earned a degree in Business Management and Marketing in 1999 and started working for Nielsen in 2003,...

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Brewing company makes efforts for a greener world

Since the start of their sustainability programme in 2010, HEINEKEN Hungária Zrt. has recycled 98 percent of the waste they produced, covered 22 percent of their energy use from renewable sources...

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Successful programme for developing e-commerce

The joint programme of Mastercard and BIG FISH, started in 2016, was very successful. Improving the online shopping experience was in the focus of the project. In the ‘E-commerce review’ programme 21...

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Digitisation and experience: the future of the industry

IBM did a survey among product manufacturers, examining the effects of the latest technological innovations. According to 63 percent of respondents, the market competition isn’t taking place between companies any more:...

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Their own KitKat for the Japanese

Nestlé will build a new KitKat factory in Japan, to serve the growing demand for the product’s special versions (wasabi, green tea, etc.) that the Japanese love so much. Takuya...

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Seasonal products customised to retail channel needs

Chocolate figures are now made almost exclusively from real chocolate. Korinna Kozma, confectionery brand manager of Nestlé Hungária told our magazine that consumers are looking for new products too. Well-known brands mean...

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Industrial distributors are fighting for survival

Results of the 2017 UPS Industrial Buying Dynamics survey show that the opportunities created by e-buying are changing the European industrial value chain, and traditional distribution companies must work very...

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Szatmári Malom builds new production facility and launches new products

Szatmári Malom Kft. will start production in their fully modernised Szeged mill in September. From a several billion forint budget state-of-the-art technology has been installed, thanks to which the mill will be...

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2016 was the year of innovation and expansion for Auchan

In 2016 Auchan Retail Hungary realised gross sales of HUF 350.4-billion with their 19 hypermarkets and 18 petrol stations. Sales increased by 3.8 percent and the company strengthened its positions...

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Trendy summer food cooked at Gallicoop’s grill party

On 5 July Gallicoop Turkey Processing Zrt. introduced the latest roasting and serving trends at a grill party held in the garden of Pavillon de Paris. Invited journalists had the chance to...

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Henkel’s superb 2nd quarter

In the 2nd quarter of 2017 Henkel came up with a record performance: sales amounted to EUR 5,098 million and like-for-like nominal growth was 9.6 percent. Organic sales growth was 2.2...

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