News and articles

Hans Van Bylen named as chairman of Henkel’s management board

From 1 May Hans Van Bylen is the chairman of Henkel’s management board. The 55-year-old new chairman joined the Henkel team in 1984. He started his career in Belgium and...

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Record sales by the MVM Group

2015 was an exceptionally good year for the MVM Group: the company’s sales revenue was a record HUF 1,266.5 billion. Sales rose from the previous year’s level by HUF 70...

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Ownership changes in the dairy market

The Hungarian Competition Authority (GVH) gave a green light to Dr Riad Naboulsi’s exclusive control over dairy companies Wassim Sajt Kft., Bábel Sajt Kft. and Dráva Tej Kft. Companies already...

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Magazine: Shops unable to pay 100 percent higher rates shouldn’t open on Sundays?

The National Trade Association (OKSZ) opines that it was a good decision to pay 50 percent higher rates to Sunday workers – things are now just like they used to...

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Time to rake in the moneys

What has happened since the beginning of the year? The oil prices plunged and then bounced back, stock markets plunged and bounced back. Noble metals and mines: as we have...

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(HU) Nincs változás a dobogón: Tesco, Coop, CBA

Sorry, this entry is only available in HU....

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FM: this year's harvest prospects are favorable

Czerván György, Minister of State for the Ministry of Agriculture (FM) called this year's crop prospects favorable at a professional event in Cegléd – the Ministry of Agriculture (FM) informed...

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Hungarian food exports to China reaches 100 million USD this year

Szijjártó Péter concluded a number of agreements in Ningpo, East China, which aims to increase exports to China over 100 million HUF. MTI Photo: KKM Szijjártó Péter Minister of Foreign...

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Syngenta: now farmers need to pay attention to the arable crops

Wheat, corn and sunflowers are all in promising developmental stages. It is projected that colza will also be promising this year. But the farmers really need to pay attention now,...

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METRO supports the start-ups of the HORECA sector with 120,000 euros

METRO in order to facilitate the digitization of the international HORECA start up sector offers 120,000 euros and the METRO network of experts to 10 selected companies. The program will...

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HEINEKEN conducted global partnership with the Formula One Management

HEINEKEN and the Formula One Management have signed an agreement for Heineken to become the Global Partner of Formula 1. This significant partnership starts this year at the newly renamed...

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Hungarian bred fruits perform well in Chile

The Magyar Kertészeti Szaporítóanyag Nonprofit Kft. (MKSZN) presented the latest bred cherries and cherry types of at this year’s cherry and sour cherry meeting in the Elvira Major in Érd....

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The field of the 21st Hungarian Wine Route Rally will travel around the Lake Balaton

The 21st Hungarian Wine Route Rally will visit the wine regions around the Lake Balaton. The rally will take place between 26 and 28 August. Megay Róbert Péter main organizer...

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Breads were baked surrounded by cockroaches in a bakery in the Capital

The professionals of the National Food Chain Safety Office (NÉBIH) found cockroaches at a bakery in Budapest. After checking the bakery, more than 480 kilograms of food products were withdrawn...

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International competitiveness needs to be strengthened in the meat industry

Hungarian meat consumption dropped shockingly in the last 25 years. For instance per capita annual pork consumption was 43kg at the end of the 1980s and it is only around...

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Smartphone app runs store

In a small Swedish town called Viker there is a grocery store where no employee works: it is run by a smartphone app. Customers are required to register for the...

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Increased market share for drugstores

Last year almost HUF 38 billion worth of laundry detergents were sold by Hungarian shops. Value sales grew 4 percent but volume sales reduced by 2 percent. Laundry detergent is...

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PARTY PACK version of Hajdú grill cheese

One of Kőröstej’s summer hits can be the PARTY PACK version of Hajdú grill cheese, which will be available in two versions. Those who like to spice their own cheese...

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Meggle Confectioners Whipped Foam

Meggle Confectioners Whipped Foam makes creams and pastry fillings really light. What is more, it is easy to whip and it stays stiff for a long time. Thanks to these...

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Magazine: Beef producers get special attention

According to the Ministry of Agriculture, 12 percent more cows were slaughtered last year than in 2014. Between 2010 and 2015 Hungary’s cattle stock expanded by 20 percent (139,000 cows)....

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(HU) Selyemút az üzleti sikerekhez Interjú Tóth Sándorral a China Smart Expo marketing igazgatójával

http://www.chinasmartexpo.com/registration.php...

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FM: the Hungarian milk is competitive

The Hungarian milk is competitive, the problems are due to the oversupply in the world market, not only in Hungary but also in several countries – the Ministry of Agriculture...

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KSH: falling consumer prices stagnating food prices

In May, consumer prices were on average 0.2 percent lower than a year before, while compared to April rose by an average of 0.3 percent – the Central Statistical Office...

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Export surplus continued to increase in April

The euro-denominated value of exports increased by 5.1 percent, while imports fell 1.9 percent in April, compared with a year before, the trade surplus increased by 527 million euros to...

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The Online Dealer of the Year 2016 awards were handed over

The Online Dealer of the Year 2016 awards were handed over. At the competition held for the tenth time, winners were announced in small and medium-sized businesses and in the...

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Auchan increased its turnover and profits in Hungary last year

The Auchan Magyarország Kft. increased its turnover and profits. The supermarket chain reached a gross turnover of 337.6 billion HUF in the fiscal year lasted until the end of March...

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The Agricultural Marketing Centre Nonprofit Kft. was established

The tasks of the collective marketing activities will be performed by the newly established Agrármarketing Centrum Nonprofit Kft. (Agricultural Marketing Centre Office) from 15 June instead of the Hungarian Tourism...

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Customer designed opening hours in Tesco stores

Since Sunday's re-opening, Tesco continuously tracks customer feedbacks and changes the opening hours of its stores taking the the needs of the customers into account. From 5 June, 7 hypermarkets...

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MNB: the popularity of the growth loan program justified the increase in allocations

The product of the growth loan program (NHP) has become very popular among the small and medium-sized enterprises (SMEs), as well as among the banks. Therefore the National Bank of...

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