News and articles
SPAR’s 21 million euro investment in Austria
SPAR Austria is building a new hypermarket in the shopping centre of Steyr. The EUR 21-million project will be completed by the end of 2018. 200 people will work in the...
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Profi continues to conquer Romania
Romanian retailer Profi will open 8 new stores in the country – in different retail channels. Two large stores will be built in Bucharest, while in other cities 100-230m² stores...
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Danone invests in a start-up
Frozen organic baby food manufacturer Yooji is now enjoying the financial support of Danone. The company’s artisan products are available in 600 shops. Yooji will remain independent: Danone feels it...
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From large to small in Poland
Polish wholesale chain Eurocash took over 188 Mila stores, for which they paid EUR 82 million. The move forms part of the wholesaler’s strategy to establish a supermarket chain that...
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Tesco’s lasting growth path
Compared with the first half of 2016, Tesco reported a 1.1-percent sales growth in the first half of 2017. The sales increase was the biggest in the UK and Ireland....
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Milk’s price going up
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that the price of raw milk in Hungary was HUF 96.03/kg in September 2017....
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Dairy product prices kept rising in September
In September 2017 consumer prices were 2.5 percent higher on average than in September 2016. Food prices rose 3.1 percent, with butter and spread prices jumping 16.5 percent. Pork’s price...
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Sales were up in August
In August 2017 like-for-like retail volume sales augmented by 4.6 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...
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Self-regulation: going at full speed
The Self-regulatory Advertising Board (ÖRT) does a lot for successful self-regulation in advertising. In the first three quarters of 2017 nearly 600 cases ended up at ÖRT to ask for...
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#wewillsurvive
On 11 September the European Journalism Centre (EJC) organised a workshop – as part of a series – in Budapest, called New Impact Summit. Invited journalists listened to presentations and...
Read moreCzerván: the Hungarian agroexport can be doubled within ten years
The Hungarian agroexport can be doubled within ten years, so it can reach 15-16 billion euros – the Minister of State of the Ministry of Agriculture (FM) said on Thursday...
Read moreA Hungarian initiative is being discussed on honey in the European Union
A Hungarian initiative is being discussed on honey, apiaries and bee keeping in the European Union, Erdős Norbert Fidesz MEP said at a press conference in Budapest on Sunday. According...
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The manufacturing plant of Márka was handed over
Production came into its own hands. In the coming period production volume can reach up to 100 million liters per year. The production and bottling plant and logistic center of...
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The Szarvasi Mozzarella Kft. would increase its production significantly
The Szarvasi Mozzarella Kft. would built a new plant to increase its daily milk processing capacity by fifty percent. The investment may begin next year if it receives a positive...
Read moreHungary in the elite of the cheese world
Hungary’s biggest cheese festival the 1st SZEGA Nations’ Festival of Cheese, was a great success, surrounded by a great interest beyond the expectations. The event is a major milestone, as...
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The EU is investing 30 billion euros for innovation
The European Commission is investing 30 billion euros for new solutions to the societal challenges and breakthrough innovations in the 2018-2020 period from the Horizon 2020 Research and Innovation Framework...
Read moreRetail sales grew by 9.3 percent in Romania
In Romania, retail sales grew by 9.3 percent in the first eight months of last year, the Romanian National Statistical Institute announced on Wednesday. According to seasonally adjusted and calendar...
Read moreTwo hundred million forints worth smuggled cigarettes were found in a truck on the M3 motorway
Almost two hundred million forint worth untaxed cigarettes were found in a truck on the M3 motorway by the National Tax and Customs Administration’s (NAV) finance ministers – the press...
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It is important to give quality food to the needy children
It is important to give free food to all disadvantaged children in Hungary, and the ministry also pays attention to quality – the Minister of State Secretary of the Ministry...
Read moreThe elderly can join to the pensioner cooperative in Békés County
The Keleti Szomszédok Közérdekű Nyugdíjas Szövetkezet (Eastern Neighbors Pensioners’ Association) opened a pensioner cooperative office in Békéscsaba and Szarvas, Békés County – Nagy Gábor President told MTI on Friday. Up...
Read moreWorse than expected consumer sentiment in the United States
The consumer sentiment in the United States was weaker than expected in October compared to the preliminary expectations, but improved in comparison with September. According to the final monthly survey...
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The credibility of the printed word
A French study has revealed that print magazines, if used as part of a multimedia campaign, can increase trust in a given brand and brand preference by up to 7...
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Final report, Anuga 2017: export and innovation are the drivers of growth
Anuga is and remains the most important global business and communication platform of the food industry! Around 165,000 trade visitors from 198 countries were on location in Cologne in 2017. The...
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Storm and frost decimates French vine production
French vine production was hit by several bad factors this year: summer frost in Bordeaux, summer storms in Champagne have sprouted grapes, so experts expect a 20 percent drop in...
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Everyone manages personal data
The General Data Protection Regulation (GDPR) of the European Union was adopted last year, but companies have time until 25 May 2018 to change their data management procedures in accordance...
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Every third SME plans to recruit new workers
K&H’s SME confidence index is in the positive zone again: it is at 2 points at the moment. The expectations of medium-sized enterprises increased the most, from 4.5 points to 25...
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Nine thousand companies were deleted in the third quarter of 2017
Considering the fact that there are about 530,000 companies in Hungary, the number of deletions in the 2nd quarter was still very high. In the 3rd quarter of 2017 9,409 companies were deleted,...
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OMA AWARDS 2017
Outstanding Merchandising Achievement Awards (OMA) has been rewarding the best in-store displays for more than 50 years. You can see some of this year’s best solutions in the food category. Drinks...
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SPAR reopened three of its stores
Over 1.2 billion HUF was spent on modernizing two SPAR supermarkets in Budapest and one in Kisbér. Thanks to the renovation, the sales space of each store was completely redesigned...
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