News and articles
NGM: the growth in household incomes is faster than growth in retail
The strengthening of Hungary is indicated by the increase in household income that exceeds the growth of retail. The data indicates that the propensity to save of the households remains...
Read moreThe Csíki Sör and Heineken agreed on the use of the Csíki Sör brand name
The Csíki Sör Manufaktúra beer manufactory and the Heineken Romania agreed on the use of the Csíki Sör brand name – the Csíki Sör Manufaktúra published on its community site....
Read moreChamber of Agriculture: frost damages can be reported until 15 April
The farmers can claim compensation for frost damages until 15 April; the notification of frost damages will be no longer be possible after the deadline – the National Association of...
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Museal items at the Badacsony wine region’s wine tasting in Budapest
Thirty wineries debut in addition to the more recent vintages with museal items at the tasting called Badacsony in New York on 5 April in the New York Palace in...
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NGM Minister of State: a strong surge in investment is expected in the next few years
Powerful surge in investment is expected in the next few years, Hungary’s investment rate will be over 20 percent in the long-term – Hornung Ágnes, Minister of State of the...
Read moreThe grain-processing plant in Tiszapüspöki will be raedy for the summer
The grain-processing factory of the Tisza-TK Projekt Kft. in the outskirts of Tiszapüspöki is expected to be completed in the summer from about 45 billion HUF – the Managing Director...
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Brexit – British food sector: a free trade agreement with the EU is essential
According to the British food producer and retail networks, the sector will definitely need a free trade agreement with the European Union after the termination of the British EU membership....
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The foundation stone of Hungrana’s new new biomass power plant was laid in Szabadegyháza
With the one and half billion HUF investment the Hungrana Kft. will one hundred percently fulfill its steam and heat demand used for the production. Fazekas Sándor Minister of Agriculture...
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Well PR gets METRO job
Well PR won METRO Hungary’s invitational tender, and from the beginning of the year they have been responsible for the 13-store wholesale chain’s full communication strategy. METRO’s B2B communication focuses...
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Less sugar in Nestlé products
Until 2020 Nestlé will reduce its sugar use in Europe by 18,000 tons. As a result of this decision, the sugar content of the company’s products will drop 5 percent...
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New Hungarian startup
It was the Startup Capital Programme of Hiventures, the venture capital management fund of the Hungarian Development Bank (MFB) that financed the startup which developed the detergent and cleaning product...
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dm brands take winner to Dubai
dm brands will take the lucky winner of the drugstore chain’s Facebook game to Dubai. All dm customers had to do was buy any of dm’s private label products and...
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Wanzl’s new managing director
As of 1 March 2017 Edit Nagy is the managing director of Wanzl Hungary. Ms Nagy used to be the company’s sales director. Wanzl was established in Germany in 1947...
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Lidl introduced a unique action
Lidl Magyarország introduced a unique action in Hungary. The blue mobile customers are given 22% discount if they purchase indicated products when uploading their blue mobile balance. The blue mobile...
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Rossmann opened its 200th store
The Rossmann Magyarország is expanding its high-quality shop network in Hungary Further. This year the company opened new stores in Lajosmizse and in Budapest (Háros street), while expanded its existing...
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NGM: several programs to help SMEs digitization
The “factory model” program that was launched this year promotes the technological development of the small and medium-sized enterprises (SMEs), as well as the dissemination of digital information and communication...
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The SignExpo and PPDexpo awaits You this year
Sign making and Large Format Printing have always been an exciting and improving industry and they still are. Therefore, the founders of Sign Magazine had the plan to build a...
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FM: meat from Brazil is inspected at the Hungarian border posts
Bognár Lajos Chief veterinarian ordered the increased testing of meat products coming from Brazil, after the Brazilian authorities have revealed serious irregularities at the largest meat processing companies of the...
Read moreThe competitive position of SMEs may improve
The K&H SME confidence index interviewed half thousand domestic SMEs about how their competitive situation may occur this year, compared to their competitors. The market position of SMEs may strengthen....
Read morePrime Minister’s Office: applications for agribusiness training support can be submitted from 14 April
Applications for agribusiness training support can be submitted from 14 April, instead of the original 27 March date – the Prime Minister’s Office announced on Friday. According to the communication...
Read moreStores are closing one after another because of the online retail
Az utóbbi évtizedek legnagyobb üzletbezárási hulláma sújtja az Egyesült Államokat az internetes kereskedelem terjedése és a fogyasztói szokások átalakulása miatt – idézi a Business Insider cikkét az index. A következő...
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Brexit: the Cadbury chocolate may be smaller
Cadbury has said it may have to raise prices or shrink the size of its products after Brexit, but has committed to staying in the UK. Glenn Caton, who is...
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Economic cooperation can expand in many sectors between Hungary and Vietnam
About 100 domestic and Vietnamese companies carried out bilateral business talks within the Hungarian-Vietnamese Business Forum, organized by the Hungarian National Trading House on 23 March in Budapest. The event...
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Grant programmes for agricultural diversification
In the new grant scheme of the Rural Development Programme there is a HUF 36-billion budget for financing projects, such as stabilising the income of agri-businesses, and starting and developing...
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Russian expansion
Lenta, one of Russia’s leading grocery retailers managed to increase sales by 21.2 percent last year. In 2016 the chain opened 51 hyper- and 17 supermarkets. In December Lenta made...
Read moreOrganic farming gains momentum
The Hungarian Organic Culture Association and Takarékbank Zrt. signed a cooperation agreement: in the future the two parties will pay special attention to fostering programmes that promote the consumption of...
Read moreKSH: retail sales in January increased by 4.8 percent
In January, the volume of retail stores increased by 4.8 percent, according to the raw data, while calendar effect adjusted increased by 3.8 percent, compared to the same period of...
Read moreNGM Deputy Minister of State: the growth of retail sector is continuous for 43 months
Retail turnover is continuously increasing for 43 months. The above average January sales growth is due to the fact that because of higher wages that arrived in February, confidence increased...
Read moreSzázadvég: the economy may expand with 3.6 percent this year and with 3.4 percent in 2018
According to the latest forecast of the Századvég Gazdaságkutató Zrt. economic researcher, the Hungarian economy in 2018 may grow by 3.4 percent this year and by 3.6 next year. If...
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The Association of Hungarian Brewers would whiten the beer market with the Association of Small Breweries
In the wake of HVG’s article, the Association of Hungarian Brewers turned to NAV’s Excise Department in a letter. The Association of Hungarian Brewers compiling the major domestic beer manufacturers...
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