News and articles
KSH: Prices up 2.7 percent in March
According to data from the Central Statistical Office (KSH), in March 2017 consumer prices were 2.7 percent higher on average than a year before. In comparison with March 2016, food...
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Be unique! International beauty trends inspired the new make-up brand of dm
In the spring of 2017, dm suprises the customers with a new make-up brand: the trend IT UP make-up collection was inspired by international fashion and beauty trends. Those ladies...
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The Hungarian Tokaji aszú featured at the presentation of sweet wines in Madrid
The Hungarian Tokaji aszú featured at the presentation of natural sweet wines in Madrid.The wine tasting connected to the Salón de Gourmets international gastronomic fair. At the wine tasting presenting...
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The Slovene parliament has voted the law on the rescue of the Mercator supermarket chain
The Slovene parliament approved the draft bill of the government on Tuesday to rescue the Croatian Agrokor subsidiary the Mercator retail chain that has serious financial problems. Legislation called lex...
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Significant increase in the price of vanilla
The vanilla prices rose to a record high after a cyclone caused serious damages in Madagascar, the world’s largest vanilla producer. Expansion can also affect ordinary consumers. The price of...
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Frost damage mainly affected the apple trees in Zala
In Zala County, due to the stormy wind and cold, the frost damages mainly occured at apple plantations. Rape could be damaged as well, but this might be apparent only...
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The horticultural propagation material ltd. had successful negotiations abroad, according to the manager
The Hungarian Horticultural Propagating Material Nonprofit Ltd. concluded successful negotiations. Most recently concluded comprehensive contracts with Russia, but also major orders arrived from Azerbaijan, Tajikistan and Uzbekistan – Kasztovszky Zoltán,...
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The government is launching a five billion HUF employment program
The government is launching a five-billion HUF grant program for the employment of disadvantaged groups – the Minister of State of the Ministry of Human Resources announced in Debrecen on...
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The Arnault Empire acquired a legendary fashion company
Bernard Arnault, French billionaire will combine the Christian Dior fashion brand with his LVMH luxury goods empire as part of a 12.1 billion euros dealto simplify his business interests –...
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Grocery retail hit the brakes
In February 2017 retail volume sales augmented by 1 percent from the base period; adjusted for calendar effects, the sales growth was 1.2 percent. Food and food-type retail sales increased...
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Magazine: When cheese meets the price-sensitive consumer
Because of the Russian embargo that started in August 2014, an oversupply occurred in the Hungarian milk and cheese market in 2015 and 2016. Cheese prices started to decrease at...
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Three times more television ads
In February 2016 and January 2017 shops sold cheese for more than HUF 88 billion. The cheese category is the third biggest from the 90 audited by Nielsen, after processed...
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Prime Minister Orbán Viktor and Csányi Sándor officially handed over the slaughterhouse in Mohács
The 21 billion HUF greenfield investment of the MCS Vágóhíd Zrt. was handed over by Prime Minister Orbán Viktor and Csányi Sándor, the owner of the plant on Tuesday. The...
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Nébih: the trappist cheeses met the food safety standards
All trappist cheeses tested by the National Food Chain Management Agency (Nébih) complied with the food safety considerations. Only minor deficiencies found especially nutrition labeling – the agency told MTI...
Read moreStrawberries and mangalica are the main ingredients at this year’s Gourmet Festival
Strawberries and mangalica will be the two main ingredients at this year’s Gourmet Festival, which crosses the borders and in addition to the finest Hungarian restaurants, will familiarize the visitors...
Read moreNine logistics organizations have developed a package of proposals to increase the competitiveness of the sector
More than 100 billion HUF surplus revenue can be generated by the measures that nine Hungarian logistics organizations jointly proposed in their sectoral assessment to the government – the Hungarian...
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On can enter to the Pálinka country tasting for another two weeks
The samples can be sent to this year’s Pálinka country tasting for two weeks, until 5 May – the Deputy Minister of State of the Ministry of Agriculture (FM) said...
Read moreThe VSZT and the GOSZ test autumn wheat and maize in their experiments
The Seed Alliance Interprofessional Organization and Product Council (VSZT) and the National Association of Cereal Producers (GOSZ) are testing autumn wheat and maize in their experiments. The tests aim to...
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HENT: counterfeit products threaten 80 million European jobs
IPR industries continue to be the backbone of the EU economy, as almost half of the total economic power comes from the region, however, due to various types of piracy...
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Chicken from the back yard and a few drops of whiskey
Lynchburg, Tennessee has become world-famous for two things: Jack Daniel’s whiskey and Mary Bobo’s guesthouse. The former does not have to be presented, and the latter is still a popular...
Read moreThe US consumer sentiment index declined in April
The consumer sentiment index in the United States declined in April, but at the same time it is near its 16-year peak. The Conference Board Consumer Confidence Index®, which had...
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LeasePlan Hungária’s new CEO
One of Hungary’s leading fleet management companies, LeasePlan Hungária Zrt. has had a new CEO since 1 April 2017: former commercial director Tímea Pesti. Ms Pesti used to be managing...
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Fanta: complete renewal this year
The Fanta brand comes out with a new packaging design and implements a new type of marketing communication campaign this year. Fanta’s new, spiral-shaped PET bottle has already been a...
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SPAR’s new communication campaign
On 23 March 2017 SPAR Hungary launched a new image campaign, with the slogan ‘quality. i love it.’ The campaign message focuses on the fundamental values of the retail chain,...
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ALDI sponsors the 2017 FINA World Championships
ALDI Hungary and the organisers of the 17th FINA World Championships have signed a cooperation agreement. ALDI Hungary will sponsor the event that will take place in Budapest and Balatonfüred....
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Enikő Mihalik and Freddie are the new faces of Coca-Cola
Supermodel Enikő Mihalik and Freddie, the winner of song contest Dal 2016 were named Coca-Cola Hungary’s ambassadors in 2017. Krisztina Méhler, senior brand manager of Coca-Cola Hungary told that the...
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KSH: Retail sales increased by 0.8 percent
The volume of retail sales increased by 0.8 percent in February according to the raw data, compared to the same period of last year – the Central Statistical Office (KSH)...
Read moreAnalysts say that the halt in retail sales is only transient
The slowdown in retail trade in February could be temporary, according to macroeconomic analysts interviewed by MTI. Ürmössy Gergely, senior macroeconomic analyst at Erste Bank said that the slowdown in...
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COOP won the MagyarBrands again
The COOP Business Chain received a MagyarBrands award again this year. As one of Hungary’s largest domestic-owned commercial player, the COOP Business Chain has deserved this prestigious award for the...
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The MOSZ would strengthen the position of farmers
Deterrent penalties should be imposed on the purchasers, who do not pay to the producers by deadline – agrarszektor.hu described the analysis of the National Federation of Agricultural Producers (MOSZ)....
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