News and articles

Grocery retail in top form

In the December 2014-May 2015 period grocery retail sales amounted to HUF 750 billion in the 90 categories audited by Nielsen. In value sales were 4 percent higher than in...

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You can visit three Hangár7 Michelin-star restaurants at MVI’s professional journey in Austria!

The MVI welcomes all interested colleagues to this year's trip. The Magyar Vendéglátók Ipartestülete (MVI) and the Coninvest organized their joint trip for the third time. This year's targets: Vienna,...

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Nobilis: premises development in Mátészalka

Mostly from EU and state funding Mátészalka company Nobilis Zrt. realised a HUF 141-million premises development project. The company specialises in producing and selling dried fruits and nuts. The project...

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Magazine: Documents, seals

It is the task of Dr Ádám Ruszinkó, deputy secretary of state responsible for the tourism sector, to survey how the administrative burden on Horeca businesses can be reduced. The...

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Hungary urges to support the dairy farmers in the EU

In order to help the dairy farmers Hungary will initiate to increase the direct support advances at the Ministerial Summit to be held in Brussels on Monday – the Ministry...

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MVH: 500-600 billion HUF flows into animal breeding

The government defined goals for the coming years that will make Hungary’s agriculture more competitive and more sustainable until 2020. By 2020, 500-600 billion HUF will flow into animal breeding...

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About 2.8 million hectoliters of new wine will be made this year

This year, 10 percent more than last year, about 2.8 million hectoliters of new wine will be made in the cellars – the president of the National Council of Wine...

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An increase in the Euro Zone’s and the EU’s retail sales in July

The volume of retail sales increased in the Euro Zone and in the European Union in July. The EU's statistical office (Eurostat) on Thursday reported that according to the seasonally...

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NBH: nearly 950 billion HUF worth contract in the second phase of the NHP

The participating banks in the second phase of the Central Bank's loan growth Programme (NHP) submitted data to the Hungarian National Bank (MNB) about services worth 947.2 billion HUF, of...

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Tesco: 350 workers will be directly affected by the elimination of the night shift

350 workers will be directly affected by the elimination of the night shift in the period from October to January. The company in discussions with the trade unions would like...

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The new bottling plant of the Tokaj Trading House will be completed by the end of the year

By the end of the year, the new bottling plant of the Tokaj Trading House will be finished with a 3.5 billion HUF investment – the company's CEO said on...

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Tesco withdraws from South Korea

The Tesco will sell its South Korean business network. The UK's largest retailer announced its decision on Monday on the London Stock Exchange. Tesco has agreed to sell its South...

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A new Starbucks was opened near the Octogon square

The 11th Hungarian member of the coffeehouse chain awaits its guests with intimate atmosphere, 16 tables and a small terrace. A Starbucks is the world's largest coffeehouse chain with more...

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The high-tech firms place the production close to the consumers

The European high technology (hi-tech) companies place the manufacturing base closer to their users from the growth in demand is increasingly put into – according to a global survey conducted...

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200 kilograms of food was collected at the Lecsó Festival in Szentes

At the Lecsó Festival in Szentes during the weekend 200 kilograms of food products was collected by the Santa Claus Factory – MTI was informed on Sunday. Many donations have...

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New-generation canned food packaging from Tetra Pak

Tetra Pak inaugurated its improved and expanded packaging material factory in Budaörs. The HUF 14-billion development project started back in 2012. In the modernised production facility the company can manufacture...

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Cereal crop processing investment project in Tiszapüspöki

A new greenfield investment in Tiszapüspöki: Tisza-TK Projekt Kft. is going to build a cereal crop processing plant. The project’s budget will be HUF 45 billion, with HUF 9.2-billion coming...

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Magazine: Competitiveness for dinner

At end of May Trade magazine and Chain Bridge Club organised their traditional Business Dinner. The topic was competitiveness and the guests were Ferenc Dávid, general secretary of the National...

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Nielsen: food retail increased both in value and volume

The turnover in the food retail trade achieved more than 1,000 billion HUF between December 2014, and July 2015 in the ninety product categories measured by Nielsen; 4 percent more...

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FM: agriculture's second quarter weakness is due to individual effects

According to the Ministry of Agriculture, behind the second quarter’s weak agricultural performance individual effects can be found. The long-term prospects for the industry remain favorable. The Ministry of Agriculture...

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Hungarian white wines are preferred more than reds abroad

This year, Due to tightened controls on wine a change is apparent in the structure of the Hungarian wine traffic. Hungary’s wine import in the January-May 2015 period dropped by...

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CHOCCO GARDEN: the start of a new confectionery product family

The company was established under the brand name CHOCCO GARDEN. The company aims to produce competitive and export-oriented, high-quality Hungarian confectionery products. The executive of the company is Sánta Sándor...

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Analysts: faster-than-expected increase in retail trade

Retail sales increased faster-than-expected in July, according to analysts polled by MTI, who commented on the data released on Thursday by the Central Statistical Office (KSH). According to the first...

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New Head of Communications at the domestic subsidiary of the Coca-Cola Company

From 1 September Pellion Ágnes is the Head of Public Relations and Communications at the Coca-Cola Magyarország Szolgáltató Kft. The expert came from EY and replaced Andok Ágnest, who is...

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The first hypermarket in Hungary was opened twenty years ago in Győr

The SPAR brought a new commercial category in Hungary, when the company opened its first INTERSPAR hypermarket in Győr in 1995, within a 600 million HUF investment. The SPAR celebrated...

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The Coca-Cola Magyarország supports the MPB again

The Coca-Cola Magyarország restarts the support to the Hungarian Paralympic Committee (MPB) that was suspended in May this year. According to the joint communique of the Coca-Cola Magyarország and the...

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Harvest has begun in the Tokaj wine region

Harvest has begun in the Tokaj-hegyalja historical wine region – the state-owned, Tokaj Trading House Ltd. informed MTI on Friday. The company is the largest purchaser of the region and...

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Romania: a two step VAT reduction in next two years

After the Senate, the Romanian Parliament also voted for the next year’s new tax bill on Thursday. According to the new bill, the Value Added Tax (VAT) will be reduced...

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