News and articles
The Szentkirályi mineral water has become a county value
The Bács-Kiskun County Depository Committee declared the Szentkirályi mineral water as a Bács-Kiskun County value and took it into County Depository on 16 January 2017. “The Szentkirályi mineral water, which...
Read more
Henkel increased turnover and profits last year
In addition to the record revenue, Henkel German cosmetics and household chemicals group increased its profits last year – according to the company’s press release sent to MTI on Thursday....
Read more
The Kőröstej group roasts the cheese on skewers at the world’s largest food exhibition
The Kőröstej group with its own stand represents Hungary at the world’s largest food industry event, the Gulfood exhibition. The world novelty Hajdú gyros cheese will be presented at the...
Read more
Wine competition for the “Wine of the Parliament 2017” title
Kövér László, Chairman of the National Assembly announced a wine competition for the “Wine of the Parliament 2017” title. According to the communication of the parliamentary press office, the bottled...
Read more
National confectionery, cook and waiter competition in Tata
The largest National confectionery, cook and waiter competition called Carnival Cup (Farsang Kupa) will be held in Tata on Saturday. At the competition more than two hundred confectioneries, cooks, bakers...
Read moreThe Carboferr would expand on the cereal market
The Carboferr Zrt. dealing with the wholesale of steel and plastic products would expand on new markets including grain trade and plastics processing – the company told MTI on Thursday....
Read more
The NÉBIH seized more than 100 tons of unmarked feed
The National Food Chain Safety Office (NÉBIH), seized more than 100 tons of unmarked, partly illegal feed at two venues in Pest County. According to the communication of NÉBIH sent...
Read more
Hungarian food products in Sweden
Sweden is four and a half times bigger than Hungary but its population is about the same. Almost 70 percent of Sweden is covered by forest, therefore only 7.5 percent...
Read more
Optimistic consumers
Germany has a 16-percent share in Hungary’s total food export– in January-October 2016 its value was EUR 1.04 billion, 3 percent more than in the same period of 2015. From...
Read more
Retail sales: increase in value, decrease in volume
In January-October 2016 Hungarian companies sold EUR 211 million worth of food in the Netherlands – this represented 3 percent of our total food export. This sum was 59 percent...
Read moreMagazine: Fierce competition for housewives
Compared with 2015, dishwasher detergent sales increased in 2016. Dishwasher tablet sales contracted a little, while dishwasher gales performed a bit better. Washing-up liquid sales decreased, with large-sized products producing...
Read more
Magazine: Dolce vita
This year the Association of Hungarian Confectionery Manufacturers celebrated its 25th anniversary. President Sándor Sánta told: they have 25 members that are responsible for more than 85 percent of Hungary’s sweets...
Read more
New manager named head of Nestlé’s cereal business line
From 1 January 2017 Tamás Simonics is the head of Nestlé’s cereal business line. Mr Simonics has been a member of the Nestlé Hungary team since 1998. In 2008 he...
Read more
Hungary’s online retail is worth more than a billion euros
This year’s first survey by GKI Digital and Árukereső.hu revealed that online retail sales represented a HUF 310-billion value last year. Online sales expanded by 18 percent in 2016 – Norbert...
Read more
The agricultural sector will be the winner of the digital transformation
The agricultural sector, the Hungarian farmers and food businesses should be the winners of the digital transformation – Feldman Zsolt, Deputy Minister of State of the Ministry of Agriculture (FM)...
Read more
The one-fifth of world’s food production is wasted due to over-consumption and waste
About 20 percent of world’s food production is wasted due to the fact that people consume more than necessary, and a part of the food ends in the trash –...
Read more
The Ministry of Agriculture awarded the participants of the “Save a Garden!” program
The agricultural training institutions of the Ministry of Agriculture also took part in the Year of Gardening program series announced by Fazekas Sándor Minister of Agriculture in 2016. The Ministry...
Read moreK&H: Subdued revenues and profit growth is expected by the SMEs this year
On average, 5.5 percent and 3.2 percent profit growth in revenues is expected by the small and medium-sized enterprises (SMEs) this year – according to the latest data of the...
Read more
Inflation is accelerating in Europe
Consumer prices in the Euro Area increased 1.8 percent year-on-year in January of 2017, following a 1.1 percent rise in December and in line with preliminary estimates. It is the...
Read more
The Tamási-Hús Kft. increased its revenues last year
The bacon producer Tamási-Hús Kft. increased its revenue by about five percent and production by nearly ten percent last year – the Managing Director of the Austrian-owned company told MTI....
Read more
The Growth Loan Program ends
The companies have slightly more than one month left, to claim for the favorable sources of the Growth Loan Program’s for their investments. “The decisions on investments of a significant...
Read moreNew trade offices to be opened abroad
The government initiates the establishment and operation of three additional foreign commercial offices. This time, a total of slightly more than 400 million HUF will be spent on boosting up...
Read more
New CEO in the lead of the Kulcs-Soft Nyrt.
From 1 February Szabó Ervin is the new Chief Executive Officer of the Kulcs-Soft Nyrt. The professional is working in the economic area and IT for 20 years and, he...
Read more
World’s future food security “in jeopardy” due to multiple challenges, report warns
Mankind’s future ability to feed itself is in jeopardy due to intensifying pressures on natural resources, mounting inequality, and the fallout from a changing climate, warns a new FAO report...
Read moreHungary lost a lot because of the sanctions against Russia
Minister of Foreign Affairs and Trade Péter Szijjártó told Russian daily Kommersant that Hungary lost USD 6.5 billion because of the economic sanctions imposed against Russia. The minister hopes that...
Read more
Cultural change empowers Orbis growth in the region
“Orbis performance in 2016 clearly confirms our strategy launched in 2014, taking into account not only operating and financial results but also guest and employee satisfaction, network development and other...
Read more
Client Gateway risks
The tax authorities more and more frequently inform businesses about tax inspections by sending an e-mail via the Client Gateway (Ügyfélkapu) system. The problem is that while these letters were...
Read more
Tube manufacturing is dynamically evolving in Debrecen
The Debrecen-based Tu-Plast Kft. has dynamically increased its capacity in recent years. The company mainly exports to leading Western European cosmetic companies. The Tu-Plast Kft. reached 4.8 billion HUF revenue...
Read more
The Russian embargo reduced the Hungarian agricultural exports with nearly a hundred million euros
The Russian import ban introduced in 2014 affected the Hungarian agri-food industry badly. During three years, the sector’s exports decreased by nearly one hundred million euros – Magyar Idők wrote....
Read more