News and articles
GfK: further moderate growth is expected in retail in 2018
The turnover of daily consumer goods in Hungary last year increased by 2 percent, compared to the figures recorded in 2016, according to GfK’s Commercial Analyzes in 2017. The market...
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Nielsen: massive millions for slimming preparations
In April, the sales of slimming products peaked in May, slightly up by about 2 percent in value, compared to the same period of last year, according to the Nielsen...
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The domestic confectionery industry is growing, but the lack of staff may hamper further development
Since 2012, there has been a steady increase in the sales revenues of the Hungarian confectionery companies – according to the data of the OPTEN company information service provider. However,...
Read moreMNB: inflation increases gradually
Inflation will fluctuate around 2 to 2.5 percent in the coming months, but price increases will gradually rise – Várhegyi Judit, head of department at the Hungarian National Bank (MNB)...
Read moreTesco’s annual results improved more than 25 percent, Central Europe performed well
Tesco’s annual results improved more than 25 percent in the 2017-2018 financial year. The Central European division of the company was particularly successful: the result of the regional Tesco network...
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There will be less sugar beet this year
Due to low sugar prices, the domestic producers grow sugar beet on a smaller area of around 1500 hectares this year; the processor plans to contract a little over 14,000...
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More than 4700 kilogrammes of food products were withdrawn by Nébih
The National Food Chain Safety Officers (Nébih) have checked the storage facilities of a company in Budapest supplying food from mainly Italy. The inspectors seized more than 4700 kilograms of...
Read moreThe Margaret Island band wrote its latest summer song together with the fans of Theodora
The Margaret Island band wrote its latest summer song with the followers of Theodora mineral water’s Facebook page. The fans voted for the words that best reflect the mood of...
Read moreThe world’s largest brewery will produce its beers with an environmentally-friendly method
The world’s largest beer producer, the AB InBev will produce its products with an environmentally friendly way resulting in a 5 percent reduction in carbon emissions. The Belgian based company,...
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(HU) A cafeteria Y-generációja – Edenred kártyák
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Francia szőlőbirtokokat vásárolnak a kínaiak
Mivel egyre kevesebb Kínában a megvásárolható földterület, ezért az ottani vállalatok igyekeznek más országokban terjeszkedni. Az elmúlt években növekedett a kínai befektetők érdeklődése a francia földterületek iránt, ez főként a...
Read moreIKEA is prepared for smaller living spaces
The largest furniture retailer in the world, the Swedish IKEA is preparing for a future where people will not only have a small wallet but also their living space. The...
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LG Electronics’ popularity skyrockets thanks to BTS
It was recently announced that BTS will now become the new face of LG smartphones, with them modeling premium smartphones that are scheduled to launch in the first half of...
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Randstad Workmonitor Q1 2018
Contrary to what is generally thought, the traditional way of working, i.e., at the office during opening hours, still rules among the respondents of the latest Randstad Workmonitor. Globally, 68%...
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SPAR opens high-capacity sandwich and salad making facility
SPAR Hungary is selling fresh sandwiches and salads in more than 100 stores. The retail chain built a new production facility in Üllő, in order to be able to supply...
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Premio Sirena D’oro in Sorrento, for the sixteenth time
The Italian Trade Agency (ICE-Agenzia) invited journalists – among them a representative of Trade magazine – to Sorrento, to the Premio Sirena d’Oro olive oil summit and award ceremony between...
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Less optimistic large companies
Large companies have turned a bit less optimistic in Hungary, according to K&H’s corporate growth index: there was 1-point drop to 11 points. Patrick Van Overloop, the head of K&H’s...
Read moreKSH: prices increased by 2 percent in March
In March, consumer prices were an average 2.0 percent higher than a year before. The greatest increase occured in the prices of spirits, tobacco and food products. Prices rose by...
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February was a strong month in retail trade
In February 2018 like-for-like retail volume sales augmented by 6.5 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...
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A new website was launched to promote more conscious nutrition habits
A national, representative research has highlighted the fact that although the food composition, preservative, sugar, color and energy content are important for the Hungarian consumers, their knowledge base on purchasing...
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The turnover of Kométa was more than 43 billion forints in 2017
The turnover of Kométa was more than 43 billion forints in 2017. The investments of the meat factory in Kaposvár in the last 10 years amounted to 8 billion forints....
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China may stop falling milk prices
During the spring, the prices of raw milk are falling each year, but no matter where the decline starts and how dynamic it is. China’s milk demand can still save...
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Euro area inflation increased by 1.4 percent in March
Euro area inflation increased by 1.4 percent in March from the 14-month nadir of February in line with the expectations – according to Eurostat’s report published on Wednesday In line...
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Vodafone will help the international development of Hungarian small businesses through its international innovation
The digital transformation for small and medium-sized businesses is a major challenge across Europe. 60 percent of the domestic small and medium-sized businesses having a website and a few computers...
Read moreThe shortage of the Romanian foreign trade balance increased significantly
In the first two months of this year, the deficit of the Romanian foreign balance increased by 31 percent to 1,657 billion euros – the Romanian National Statistical Institute announced...
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Syngenta sells some of its seed business in India
The Swiss Syngenta sold a part of its seed business in India. Selling prices for the business were not disclosed – agrarszektor.hu wrote. The Indian Crystal Crop Protection announced today...
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Apple uses green energy only
Apple has now announced that it uses green energy in its facilities only – origo wrote. The company is present in 43 countries, and says goodbye to fossil fuels in...
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Major drop in egg’s price
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that 80 percent of Hungary’s agri-food import came from 10 EU countries; our five most...
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(HU) A MAGYAR TERMÉK Nonprofit Kft. új védjegyhasználó partnerei
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Nestlé aiming at 100% recyclable or reusable packaging by 2025
Nestlé today announced its ambition to make 100% of its packaging recyclable or re-usable by 2025. Its vision is that none of its packaging, including plastics, ends up in landfill...
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