News and articles

Lidl targets the US market

Lidl plans to enter the US market in 2018, first on the East Coast, with 34,000m² store buildings and 150-space parking lots. The company is still in a preparation phase...

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Fewer companies founded, more online businesses

According to a survey conducted by Bisnode, the number of companies established in Hungary has been reducing for four years in a row. In 2015 about 25,000 new enterprises were...

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Heineken increases share in Slovenian brewing company

Heineken used to own 51.11 percent of Pivovarna Laško, Slovenia’s biggest brewing company, but now it has a 96.92-percent share in the company. What is more, the Dutch beer giant...

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Magazine: Those who form a consortium can apply for 1.5 billion-forint funding

From the middle of February 2016 farmers and micro- and small food industry enterprises can apply for development-purpose funding from a HUF 151-billion budget. Medium-sized food companies have the opportunity...

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Inter-branch organizations urge ban on dumping priced milk imports

The organizations of the milk sector urge immediate ban on the dumping priced milk and milk products import – agrárszektor.hu wrote. Instead of this, the government would easen this crisis...

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The Tokaj Trading House has begun to contract with the grape producers

The state-owned Tokaj Trading House Pltd. contract with the grape producers earlier than ever, even the purchase prices have been announced – the company told MTI on Friday. According to...

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The Russian embargo caused 1300 billions HUF losses to the Hungarian economy

The Russian embargo has caused approximately 4.5 billion USD (1300 billion HUF) export loss to the Hungarian economy – Budai Gyula Minister of State for Foreign Economic Relations presented on...

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Nébih: illegal pickles producers was found in Vecsés

A small producer inVecsés produced pickles without a license among extremely poor sanitary conditions. The inspectors of the National Food Chain Safety Office (Nébih) seized about 38 tons of products...

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Brussels do not like the obligation closure of the loss-making stores

The European Commission launches a new infringement proceeding against the Orbán government’s trade regulation, which has a declared aim to push out the foreign chains. Brussels is investigating the rule...

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The riesling to be given a new name

The Balatoni Kör, the Csopaki Kódex and the Rizlinggeneráció announced a joint tender to find a synonym name for the riesling, one of Hungary’s most common white grape variety. According...

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KSH: the number of employees increased by 113 thousand in a year

The number of employees was 4 million 240 thousand in the three months between November-January, 113 thousand more than in the year before. The employment rate for people aged 15-64...

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British households throw 34 thousand tons of beef in the trash each year

According to a research 260 million pounds worth raw and cooked beef items go to waste each year in Britain ie 34,000 tonnes of beef every year – the Guardian...

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Budapest is the fifth best-selling logistics location in Central and Eastern European region

Budapest is the fifth best-selling logistics location in Central and Eastern Europe – the Népszabadság Online cites the research of Prologis. Compared to the 2013 survey, the Hungarian capital came...

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Praktiker and the Corvinus University to launch a dual training

The Praktiker and the Corvinus University will launch a dual training jointly from September including undergraduate degree from management, and finance and accounting – the company told MTI on Thursday....

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(HU) Fábián Ágnes a Magyar Márkaszövetség új alelnöke

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

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New commercial port to be built in Mohács

From a HUF 5-billion budget (from which HUF 4.75 billion will come from the IKOP programme) a new commercial port is going to be built in Mohács. Construction works will...

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140,000 hectares of state-owned farmland to go on sale this spring

So far 130,000 hectares of farmland were sold to farmers within the framework of the ‘Land for Farmers’ programme. About 7,000 farmers purchased 12,000 plots. The state’s revenue from this...

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The Milk, Whole-Heartedly program including 27 thousand kids has been completed

Between December 2015 and February 2016 the Agricultural Marketing Directorate of the Hungarian National Tourist Office (Magyar Turizmus Zrt.), the Ministry of Agriculture and the Dairy Interprofessional Organization and Marketing...

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Domestic garlic is running out

Experts say that because of the drought 15-20 percent less garlic was grown in 2015 than in the year before, because this plant is essentially produced around Makó without irrigation....

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Tesco Mobile is terminated

The Tesco Mobile eliminates its cell phone service from 16 April. The company’s clients will be served by Vodafone in the future – the service provider informed its customers. From...

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More than 100 pallets of withdrawn Mars products arrived to Hungary

More than 100 pallets of withdrawn Mars products arrived to Hungary – the National Food Chain Safety Office (Nébih) told M1 news channel on Thursday. The Nébih told that those...

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Hungary can deliver cattle to Egypt again

Hungary can export live cattle to the North African state again, because the previously obstacle (bluetongue disease) is no longer present – the Ministry of Agriculture (FM) told MTI on...

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The Media Markt and Nestlé are working together

The sales of Media Markt stores in Hungary increased by about 20 percent last year, reaching a net 72 billion HUF – Német Csongor, general manager of the Media Markt-Saturn...

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Support for the fight against phytoplasma infection

The Ministry of Agriculture supports the fight against phytoplasma infection with 8000 HUF per hectare. The Ministry of Agriculture provides direct fundings for the defense against plant quarantine pests for...

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The world without PET bottles

The climate change is one of the most pressing issue on Earth. Thousands of activists are campaigning worldwide to draw attention for the responsibility of humans. Many people think that...

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Consumer confidence is on seven-month lows in the United States in February

Consumer confidence decreased in the U.S.A. in February to the lowest level in seven months as worries about a slowing economy and tumbling stock prices took a toll. The Conference...

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Eger-Szekszárd Bull's Blood Duel in Budapest

The visitors can taste and compare the winemaking styles and vintages of 12 winemakers from Eger and 14 winemakers from Szekszárd. The Eger-Szekszárd Bull's Blood Duel takes place on Friday...

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Tesco decides against selling stores in Turkey

Last year Tesco planned to sell the stores owned by its Turkish affiliate, Kipa, to local market competitor Beğendik. After the stores had produced excellent sales results in 2015, Tesco...

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Auchan’s Eastern expansion

Last year Auchan invested EUR 138 million in Eastern Europe and Russia. In 2016 the retailer plans to spend EUR 195 million in Russia, mainly in Moscow. They intend to...

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Sustainability targets 2011 to 2015 achieved

Henkel reached the interim targets of its Sustainability Strategy for 2030, set new milestones for 2020 and published its 25th Sustainability Report. The first report was published nearly a quarter...

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