News and articles
The Danubius Hotels chain and the Kogép Ltd. have signed an agreement
The Danubius Hotels chain and the country's leading bakery equipment dealer, the Kogép Ltd. signed a supplier agreement. Under the agreement, Kogép supplies the catering and bakery machines to the...
Read moreEurope's first beer fountain was opened in Slovenia
Europe's first beer fountain the Green Gold was opened in Zalec in Slovenia – the local media reported on Wednesday. Janko Kos mayor wants to boost tourism in the small...
Read moreAn increase in air passenger and freight traffic
According to the data of the International Air Transport Association (IATA), passenger and freight traffic in July, compared to the same period of the previous year. According to the communication...
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Record yield in summer crops
There was a record harvest of autumn wheat, barley and rapeseed this year – informed the Ministry of Agriculture. 5.1-5.2 million tons of autumn wheat was harvested, 10 percent more...
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Hungarian apricot in Vienna
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 31st week, the price of apricot was HUF 400/kg at the...
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Another record: sales neared 3.4 billion forints at the end of 2015
In November-December 2015 seasonal sweets were sold in retail for a record-breaking HUF 3.4 billion. 655 tons of seasonal confectionery products were sold and like-for-like value sales rose 7 percent....
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Metro fights hunger
Metro Group has announced starting a partnership with the World Food Programme, a UN organisation that works for ending hunger around the world. Metro would like to help the organisation’s...
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Aldi for sustainable coffee production
Aldi Germany has defined and published binding targets for its coffee purchasing policies. In addition to this, the discount store chain has promised to increase its share of private label...
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New Loft Offices opened in Óbuda
With the last works completed in July, the new office building ”Buda Loft Offices” is ready to welcome its new tenants. The offices with its industrial feeling are especially very...
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Magazine: Classics reloaded
Christmas gift packs not only sell well: sales keep growing, too. According to Nóra Schleisz, Unilever Hungary’s gift brand manager, during the busy days before the Christmas holiday it is...
Read moreAnalysts: the slowdown in retail sales growth is only temporary
The slowdown in retail sales growth is only temporary. In the next few months, the previous momentum may return – according to experts interviewed by MTI. Ürmössy Gergely, senior macroeconomic...
Read moreKSH: GDP increased by 2.6 percent in the second quarter
The volume of the gross domestic product grew by 2.6 percent in the second quarter, compared to the same period of last year. According to the seasonally and calendar adjusted...
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This year, 66 products and services earned the right to use the certification mark of the Hungarian Quality Product Award
A total of 66 products of 60 companies received the recognitions of the 19th Hungarian Quality Product Award Competition in the Upper House Hall of the Hungarian Parliament on September...
Read moreNine award-winning Hungarian wines to debut at Tesco’s Central European wine festival
Tesco exported 20 000 bottles of award-winning Hungarian wines for its September wine festival to its Czech, Polish and Slovakian department stores. The wines won “Best Buy” recognition at the...
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Nespresso: periodic Mini Boutiques to be opened in the autumn-winter period
In September, Nespresso opens three new periodical Mini Boutiques in Budapest. Based on the experience of previous years, the consumers can get their favorite coffee capsules more convenient, and faster,...
Read moreThe Révész-Nyírlog Kft. builds a logistics warehouse in Nyíregyháza from almost 8 billion HUF
The Révész-Nyírlog Logistics, Trading and Services Kft. builds a logistics warehouse in Nyíregyháza with a net 7.8 billion HUF cost, using state support as well. The more than 52 thousand...
Read moreKPMG: European family businesses are optimistic
Despite the low growth environment and difficulties in the labor market, the European family businesses are flexible and successful – according to KPMG’s survey. The leaders of family businesses believe...
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Young Leaders to compete again
Last year’s Young Director of the Year tender – that was announced for the first time – surpassed all expectations in interest, so the announcers are optimistic regarding the number...
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The indigenous small livestock development project is near completion
The indigenous small livestock development project has many results, including the breeding indicators of the indigenous turkey have improved opposite to the hybrid turkey – was said on Tuesday in...
Read moreTobacco shop robbers were arrested in Szabolcs County
Four suspects were arrested in Szabolcs-Szatmár-Bereg County who robbed eight national tobacco stores – the press office of the police told MTI on Tuesday. According to the information the robberies...
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Slowdown in GDP growth in the euro area
In the second quarter, GDP growth slowed in the euro zone and in the European Union – according to the report of Eurostat published on Tuesday. According to the third...
Read moreRomanian retail sales grew by more than 10 percent in July
The sales volume of Romanian retail expanded with 11.7 percent in July in a year over year comparision. The seasonal and calendar effect adjusted value shows a 13.8 percent growth....
Read moreTesco takes a step towards the wellness sector
Tesco has started cooperating with health and well-being product specialist Holland & Barrett. A Holland & Barrett pilot store has already opened in the Tesco Extra in Dudley (United Kingdom)....
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Private label products in danger
In Europe the market share of private label (PL) products is shrinking by 0.6 percent every year – pointed out a study by market analyst company IRI. PL products are...
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San Benedetto is Italy’s market leader
San Benedetto has become Italy’s market leader in the soft drink category. Last year the company’s share from total sales was 15.1 percent, 1.1 percent bigger than before. Not only...
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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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