News and articles
SPAR’s It’s a Joy To Give! campaign was recognized
The “It’s a Joy To Give!” charitable campaign of SPAR Magyarország and the Hungarian Maltese Charity Service has been given a prestigious recognition. At the professional advertising festival of the...
Read moreMazars consumption-type taxes have an increasing role in the region
Governments in the region are increasingly relying on consumption-type taxes. There is a large dispersion in corporate tax rates, and the way in which the tax base / tax is...
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Another ÖRT resolution – now about banking advertisements
ÖRT regularly provides guidance to help the work of its members to comply better with the legislations. The MNB has made valuable contributions to the preparation of the material. Knowing...
Read moreThe state industrial estate developer established a distribution center for the tobacco retailer in Zalaegerszeg
The construction of the 2300 square meter distribution center of the Országos Dohányboltellátó Kft. (National Tobacco Distributor Ltd.) was finished in Zalaegerszeg. The value of the greenfield investment carried out...
Read moreThe Borháló Borkereskedés will be the wine supplier of the summer festivals of the Sziget Kft.
This year, the Borháló Wine Shop will be the exclusive wine supplier of the summer events of the Sziget Kft. including the Volt, Balaton Sound, Sziget, the B.my.Lake and the...
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Smart wallet, sustainable food truck, and lodgings search application are also finalists in the high school startup tournament
More than 96 domestic high school students participated in the uSchool education program within the strategic partnership with the British Chamber of Commerce in Hungary. The young people who are...
Read moreThe European Commission has proposed to protect pollinator insects
The European Commission has put forward a proposal to halt and reduce the decline in the occurrence and diversity of wild pollinator insects. According to the EU Commission’s report on...
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Technology isn’t important for its own sake, it is a competitive factor
Vodafone Hungary has launched its Ready Business Index, an online questionnaire that enterprises can use to measure their own and competitors’ digital development level. Our magazine asked István Király, Vodafone...
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Henkel launching smart packaging solutions
At Henkel, we follow the three basic principles of prevention, reduction and recycling to minimize waste and thus reduce the negative impact of packaging on the environment. Key Facts Henel...
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Magazine: Wearing mismatched shoes
2017 was an odd year for the Federation of Hungarian Food Industries (ÉFOSZ) – Tamás Éder, the president of the federation told our magazine. He explained that it is very difficult...
Read moreThe consumer spending of households grew by 5.1 percent in real terms last year
The average monthly consumption per capita of the Hungarian population was 82,900 HUF in 2017. It is 7.6 higher at an average price and by 5.1 percent higher in real...
Read moreThe EC would reduce the agricultural subsidies granted to Hungary by 5 percent between 2021-2027
For the EU, the European Commission (EC) foresees agricultural subsidies of 5,775 billion euros (3700 billion forints) in the proposal for the EU budget for the period 2021-2027, which was...
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A campaign was launched to promote Hungarian cheeses
A campaign to promote handmade cheeses made in Hungary has started under The Hungarian Cheese is Good title. At the press conference of the initiative on Friday in Budapest the...
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World Milk Day: Olympians promoted milk consumption
For more than a decade, the World Milk Day is celebrated in nearly 160 countries around the globe on 1 June. In Hungary, the Milk Interprofessional Organization and Product Council...
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Nobel Prize-winning technology against wrinkles
Diadermine’s revolutionary New Age Age product linea appeared on the Hungarian market in May. The Nobel Prize-winning formula, the “Rejuvinol” enhances natural collagen production with the regeneration of deep-lying cells...
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The GVH approved the acquisition of the PepsiCo subsidiary
In January 2018 the Karlovarské minerální vody (KMV) announced the acquisition of PepsiCo’s Hungarian, Czech and Slovak interests and will be the exclusive distributor of the PepsiCo soft drinks and...
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A new fodder factory was built by the Gyermelyi Tojás Kft.
The Gyermelyi Tojás Kft. (Gyermelyi Eggs Ltd.) has built a new fodder factory with a 1.7 billion HUF investment, and the facility is capable of producing 60,000 tons of mixed...
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Jelly and egg noodles: the summer sandwich collection of the Costes restaurant arrive at OMV filling stations
Duck liver, ratatouille, duck sausage, matured cheesecake and jellies – just a few exciting ingredients from the OMV summer sandwich collection, which was again designed by Palágyi Eszter, the chef...
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Delicious products revamped by Cornexi
Imola Szőke, key account manager of Cornexi Food Kft. revealed that the company updates several of its product ranges in 2018. The company is in Hungarian ownership and wishes to earn the...
Read moreMol bought a mineral water bottling company
Mol purchased the Fonte Viva Kft. mineral water bottling company in Hungary on Thursday, and the sale price is not disclosed on the basis of business secrets – the Mol...
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The facts about boxed milk
Milk is a healthy and is a necessary element of human nutrition. It contains sources of various vitamins, including protein, lactose, vitamins A, B1, B2, B12, C and D, folic...
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The Italian Festival is coming
The press conference of the fourth Italian Festival that lasts until 16 June 2018 was held on Wednesday, 30 May, at the “Akademia Italia” restaurant in Budapest. The festival is...
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The winners of the Wine of the Parliament 2018 competition have been announced
The Wines of the Parliament were selected for the second time; the eight winning wines will represent Hungary in the most important events of the Parliament. The science of wine...
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Magazine: Trends of 2017 and expectations for 2018 in the Hungarian FMCG market (Part 2)
GfK Hungária Market Research Institute held its annual FMCG year evaluating conference in March – this is the second part of our report. Krisztina Bakonyi-Kovács, senior product consultant of GfK told...
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Tesco gives more every year
Just like in former years, Tesco made great efforts in 2017 to give more to customers day after day. Tesco Hungary’s operations director Zsolt Pártos told our magazine that last year...
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Auchan switched to a multichannel model
2017 brought many important things in the life of Auchan Hungary. CEO Dominique Ducoux told that they switched to a multichannel sales model: the company launched its online shop that delivers...
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Record performance from SPAR in 2017
2017 was a record year for SPAR Hungary in terms of both sales and development projects. Our magazine interviewed managing director Gabriella Heiszler. – What was the most important event for...
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Dynamic dm
Drugstore chain dm operates 259 units in Hungary, which realised EUR 302-million sales in the 2016-2017 fiscal year. Sales were up 10 percent from the base period. Roland Kanyó, marketing and PR...
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ALDI: low prices, new products and more workers recruited
In 2017 the number of Hungarian ALDI stores grew to 129. Shoppers can now choose from approximately 1,800 products in ALDI discount supermarkets. The majority of fresh fruits and vegetables are supplied...
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Between two trends, in a balanced state
Coop ended 2017 with a single-digit sales growth and a stable market share. We asked László Pekó, chairman of CO-OP Hungary’s board of directors and the company’s CEO Géza Tóth about...
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