News and articles
GfK: the household appliances market is increasing with double-digit for three years now
GfK’s in-store sales figures show that the household appliances market has been developing dynamically in the past three years. The refridgerator and the washing machine exchange programs played a huge...
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(HU) IFS Húsipari Szakmai Nap (2017. április 20.)
Sorry, this entry is only available in HU....
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Better end-of-year performance from Hungary’s retail sector than the European average
Retail value sales augmented by 4.5 percent in the last quarter of 2016 in Hungary if compared with Q4 2016 – revealed the quarterly Nielsen Growth Reporter. This performance was...
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There isn’t enough rapeseed oil in Europe
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that domestic sales of wines without geographical indication and wines with protected designation of...
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A rapidly expanding market
Grocery stores sold breakfast cereals, cereal bars, muesli, sesame seed and muesli bars for more than HUF 20 billion in January-December 2016. Like-for-like value sales were up 14 percent. Last...
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The performance of the Hungarian food industry grew by 1.5 percent last year
The performance of the Hungarian food industry grew by 1.4 – 1.5 percent last year, exceeding the industry average. The value of production amounted to 2880 billion HUF after the...
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Auchan prepares with egg search and Star Wars chocolate eggs for Easter
Auchan is awaiting its customers before Easter with more than a million chocolate figurines and with one and a half million chocolate eggs – including the new Star Wars eggs....
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Analysts: export growth may continue, but this year’s surplus may be smaller
In the next few months export growth may continue, but this year’s foreign trade surplus may be smaller than last year’s 9.935 billion euros surplus. The further strengthening in household...
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NÉBIH: it is worth to review the ham and egg labeling during purchase
It is worth to review the labelings of ham and eggs during Easter shopping. On the basis of the labeling, the customer can get information about product type and quality,...
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12.5 billion HUF worth food industrial investment in Mélykút
The Hunent Zrt. is building a new waterfowl processing plant in Mélykút County Kiskun county. The investment of approximately 12.5 billion HUF will also create 350 new jobs – the...
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Sheep Product Council: this year’s Easter lamb exports are expected to be lower than last year
Compared to the average of 100-120 thousand Easter lambs, this year about 10 thousand less is expected to be exported to Italy, while the available price will also decrease –...
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The countyside is more efficient in the selection of beverage cartons
There are significant differences in the practice of selective collection among the population of the Hungarian cities – the Italos karton Környezetvédelmi Szolgáltató Egyesülés (Beverage Carton Environmental Services Association) wrote...
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Euro area’s investor sentiment is on its ten-year peak
Sentix’s euro zone investor sentiment index performed extremely well in April in Global comparision. The stock market investors were such optimistic in April in terms of investment outlooks as they...
Read moreUnderwater winery opened in Croatia
Croatia’s first underwater winery was opened in the Peljesac Peninsula, between Ston and Orepic. The winery offers 700 days matured wines to the guests under the sea. The bottles are...
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The Chamber of Agriculture this year will help in the submission of the single applications again
The National Association of Agricultural Economics (NAK) this year will also help in the submission of the single applications – the organization told MTI on Monday. The period for submission...
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Vaccines courtesy of Pampers buyers
For the 11th time Pampers and UNICEF launched their 1 pack = 1 vaccine campaign last year. More than 404,000 tetanus vaccines were collected with the help of Hungarian parents...
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The chains expect rising sales at Easter
The retail chains in Hungary expect a strong Easter traffic this year. Due to the store closure on Good Friday, Thursday may be one of the busiest days of the...
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Nielsen: ham and chocolate bunnies are dethroneable at Easter
The Easter season causes no surprises. Hungarians buy tons of cooked ham and a chocolate bunnies. The ham retail sales exceeded 7 billion HUF in March-April 2016, which is two...
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GfK: the market power of the discounters is improving year by year
According to GfK’s latest 2016 Trade Analyzes study analyzing annual trends, the commercial channels the discounters increased their market share, while the non-organized trade – street vendors and markets and...
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KSH: February’s imports grew faster than exports
In February the value of export in euros increased by 5.4, while the value of import in euros increased by 7.1 percent, compared to the previous year. The trade surplus...
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Pro Formula cosmetic products only in the Tesco stores
The Pro Formula products developed on a scientific basis were introduced at the request of a Tesco on the shelves of the supermarket chain at the beginning of March. The...
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French awarded Hungarian champagnes
Hungarians won two silver medals at the Chardonnay du Monde international wine competition. The Chardonnay du Monde international wine competition was held for the 24th time in France, between 8...
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NÉBIH: customers are increasingly looking for quality products
Compared to the previous years, more and more customers are looking for quality products – Helik Ferenc, head of the board of directors of priority issues at the National Food...
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The Easter was greeted with giant ham-cutting at the Fair of Hungarian Flavors
In addition to the traditional goodies, real festive specialties also appeared in the range of the Easter Fair of Hungarian Flavors, where 100 domestic small producers showcased their products from...
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Hungarians spend 4-7 thousand HUF for toys during this Easter
Toys and games and candies are given to the Hungarian children during Easter. The parents spend an average of 4-7 thousand HUF for Easter gifts – according to the separate...
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Fazekas Sándor: the Tisza fish soup is part of the Hungarian culture
The Tisza fish soup – that was recently elected among the Hungarikums – is part of the Hungarian lifestyle and culture – Fazekas Sándor, Minister of Agriculture said in Tiszafüred...
Read moreThe growth of retail sales slowed in the Czech Republic
Retail sales in the Czech Republic increased by 0.6 percent on an annual basis in February. In January, this indicator was 5.6 percent – the Czech Statistical Office (CSU) announced...
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Workforce shortage problem solved
As the problem of workforce shortage seems to be solved soon, the euro area may become stronger. At the end of last year the level of unemployment was the lowest,...
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Portugal to levy sugar tax on soft drinks
The Portuguese government expects to raise EUR 80 million for public health from introducing a sugar tax on soft drinks from 1 February 2017. The new tax would apply to...
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