News and articles
Coca-Cola performs well in the USA
In the second quarter of 2016 Coca-Cola Co.’s sales dropped 5.1 percent, by USD 11.5 billion. All regions performed worse than before, with the exception of North America, where sales...
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Penny Market: a smart solution for 20 years
Discount store chain Penny Market is owned by German group REWE, which employs 330,000 people in 20 European countries and operates more than 15,000 stores. Penny Market is 20 years...
Read moreKSH: an increase in retail sales in July
According to the raw data the volume of retail turnover in July, increased by 2.7 percent. The calendar effect adjusted data rose by 3.8 percent compared to the same period...
Read moreNGM: retail continues to grow for 37 months
Retail are continuously growing for more than three years. The annual voulme of retail trade increased by 4.9 percent compared to last year's January-July period – the Deputy Minister of...
Read moreDepressed prices on the honey market
Less than average honey was produced this year, but the purchase price is still low. The Hungarian beekeepers are selling the honey on depressed prices and want EU action against...
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The state provides support to the connecting of the food and beverage vending machines into the online system
According to the Economy Ministry's decision state aid will be guaranteed to the connecting of the the food and beverage vending machines into the online system – Varga Mihály, Minister...
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The proportion of lactose-free products is increasing
The growing sales shows that buyers today are not only choose organic foods because of health considerations – Magyar Nemzet Online wrote. Although, more and more Hungarian suppliers can be...
Read moreAbout thirty wineries and fifty programs are waiting the visitors of the Villány Red Wine Festival
About thirty renowned wineries and fifty cultural and music programs are offered to the participants of the Villány Red Wine Festival, which will take place for the 27th time between...
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The performance of consumer markets in the EU continued to improve
The performance of consumer markets in the European Union continued to improve, however, there are still serious differences between the individual Member States – according to the European Commission’s report...
Read moreHungary and Romania to coordinate agricultural diplomacy
Hungary and Romania will coordinate their agricultural diplomacy efforts in the planning and shaping of the EU’s agricultural policy (CAP) – Fazekas Sándor, Minister of Agriculture and Achim Irimescu Romanian...
Read moreIndia and China may also introduce VAT
The Value Added Tax (VAT) originally comes from France. India introduces the VAT next year, while China is switching to the new system these days – Magyar Nemzet Online wrote....
Read moreRetail sales increased by 1.6 percent in the Czech Republic in July
In July, retail sales increased by 1.6 percent on an annual basis in the Czech Republic – the Czech Statistical Office announced on Monday in Prague. Compared to the 6.3...
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Scientists may found the substitute for cocoa beans
Those who are addicted to chocolate will be happy; scientists may have found a way to solve a potential impending shortage of cocoa – privatbankar.hu wrote. Scientists may have found...
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Investor sentiment improved in the euro area
The improved sentiment index of September reflecting the finish of the Brexit-effect – according to the Sentix investor survey. In September, the investor sentiment index of the Sentix economic research...
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COOP’s new head of purchasing
As of 1 August 2016 Attila Szabó is the new head of purchasing at CO-OP Hungary Zrt. 39-year-old Mr Szabó has many years of experience in the FMCG sector. He...
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Unilever keeps going forward
In the second quarter of 2016 Unilever performed better than originally expected. Bloomberg had forecasted a 4.5-perncent growth but sales expanded by 4.7 percent. Although sales slowed down a little,...
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Art for shopping
Several works of art from the Louvre-Lens museum of fine arts have been exhibited in the Auchan hypermarket of Noyelles-Godault in France. The store manager hopes that the 60m² exhibition...
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Greek chain about to go bankrupt
Marinopoulos Group, the company that operates Greece’s biggest supermarket chain, has temporarily been granted protection from its creditors by the Athens court. Marinopoulos Group supposedly owes EUR 500-700 million to...
Read moreTest run starts in October in the slaughterhouse of Mohács
Test run starts in October in the slaughterhouse of Mohács carried out with a more than 21 billion HUF investment. The slaughterhouse is expected to start normal production in early...
Read moreThis year's vintage will be good
This year's vintage will be quantitatively mixed, but will have a good quality – these are the first experiences of this year's harvest – according to the growers and winemakers'...
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The government would whiten the drink and snack vending machines market
The government would whiten the drink and snack vending machines market from the illegal market participants. The technical details of this regulation were published in Friday's issue of the Hungarian...
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KSH: The revised data show an even larger trade surplus in 2015
In 2015, exports reached 79 million euros, while imports were 556 million euros less than the known 90.539 and 82.421 billion euros. Last year's trade surplus is 477 million euros...
Read moreThe 27th Budafok Champagne and Wine Festival opens its gates on Saturday
The 27th Budafok Champagne and Wine Festival opens its gates on Saturday. Gulyás Gergely, vice president of the National Assembly, responsible for law creation, in his welcoming speech told that...
Read moreThe agricultural ministers stood beside the maintenance of the CAP
The meeting of the EU agricultural ministers was useful. The meeting showed that the agricultural ministry leaders are determined towards the maintenance and renewal of the Common Agricultural Policy (CAP)...
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FM: the School Fruit and Vegetable Program continues
The School Fruit and Vegetable Program continues this year to provide healthy fresh fruits and vegetables to the schoolchildren in the school year – the Minister of Agriculture told M1...
Read moreThe private sector improves the employment
According to the senior analyst of the K&H Bank mainly the private sector improves the employment data, but further improvement will be slowed by the fact that it increasingly difficult...
Read morePlum Days in Szarvas
The Plum Days in Szarvas will be held between September 9 and 11. The main purpose of the event is to promote the plum of the city of Szarvas and...
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A new public catering institution was handed over in Tahitótfalu
A kitchen-dining complex suitable for the production of six hundred portions of food began operations with two hundred seats in Tahitótfalu, Pest County; the greenfield project is the largest own-funded...
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Catfish stew festival in Tiszacsege
A catfish stew festival was held on Saturday in Tiszacsege, Hajdú-Bihar county. 111 teams have entered to the fourth edition of the catfish stew-cooking competition, who had to cook catfish...
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Drugstores’ share in sales increases further
Toothpaste: last year toothpaste was sold in a value of more than HUF 13 billion. Like-for-like value sales were up 3 percent but volume sales dropped 1 percent. Drugstores’ share...
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