News and articles
Declining economic sentiment in Europe
Economic sentiment declined in the euro zone and in the European Union in March for the third consecutive month. According to the report issued by the European Union’s Economic and...
Read moreRomania is also struggling with the Chinese honey
Honey falsification occurs in Romania at an industrial pace, so the local beekeepesr suffer serious loses, however, the health of consumers is at risk as well – the Magyar Nemzet...
Read moreThe success of Tokaji and Szekszárdi wines at the wine muster of the MTA
This year's best wines of the competition of the Hungarian Academy of Sciences (MTA) were selected from 116 wines of 13 Hungarian and a cross-border wine regions. The majority of...
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Metro to be split
The European retail and wholesale group Metro AG says it aims to split in two, separating its food and wholesale activities from its consumer electronics business. Metro, based in Duesseldorf,...
Read moreStrategic agreement was reached on raising up the countryside
The Ministry of Human Resources (Emmi), the Agricultural and Rural Development Agency (MVH), and the National Association of Agricultural Economics (NAK) signed a strategic cooperation agreement to strengthen agriculture and...
Read moreMLSZKSZ: strong logistics industry is the basis of the economic development
The competitive and strong logistics industry is the basis of Hungarian economy’s development, without it there is no industrial development – the Association of the Hungarian Logistics Service Centers (MLSZKSZ)...
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Shops are closed on Sundays for a year now
It was in March 2015 that the regulation, according to which stores must stay closed on Sundays, entered into force. Today the majority of shoppers would still like to go...
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Prologis to Deliver Two New Facilities at Prologis Park Prague D1
Prologis, Inc., the global leader in industrial real estate, today announced that it will expand Prologis Park Prague D1 East by developing two additional buildings, DC8 and DC9, totalling 10,360...
Read moreNew CEO at Borsodi Brewery
Petr Kovarik will be named the new CEO of Borsodi Brewery from 1st April 2016. Mr Kovarik joined Borsodi Brewery in November 2011 as a key account executive. Mr Kovarik...
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Magazine: Demand keeps growing for dark chocolate
The chocolate bar market is characterised by increased demand for branded products with a good price-value ratio, while the market share of private label products keeps shrinking. Korinna Kozma, marketing...
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Coffee prices are increasing on the Hungarian market
The world market coffee prices are on the lowest levels of the past two years, due to favorable harvest prospects in Brazil, but due to the supply that is lagging...
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The pork campaign continues
The promotion of the high-quality branded pork products continues after the Easter store tasting – Feldman Zsolt, Deputy Minister of State of the Ministry of Agriculture (FM) said on Tuesday...
Read moreThe production financing of the seal will be unified
The government is considering amendments in the excise tax rules, in order to unify them, to reduce administration and to increase the efficiency of tax collection. The production cost of...
Read moreThe GKI sentiment index continued to decline in March
The seasonally adjusted value of the GKI sentiment index continued to decline in March, after the fall in February. The business expectations have not changed, while the consumers’ expectations noticeably...
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The new success of Radler’s creator
The Pécsi Sörfőzde is the oldest brewery in Hungary. The brewery is preparing and distributing the radlers with great success since the mid-1990s. Even in the beginning, the company’s product...
Read moreSavings Bank: economic growth will slow this year, but will accelerate in 2017
Economic growth will slow to 2.5 percent this year, however in 2017 it may accelerate to 3.1 percent – the analysts of the Savings Bank (Takarékbank) say. The bank's first...
Read moreKSH: the number of employees continued to increase
The average number of employees was 4.241 million in the period between December last year and February this year. It is 117 thousand more than in the previous year –...
Read moreFertilizers became much more expensive
The fertilizer distributors sold 1.5 million tons of fertilizers directly to farmers in 2015. The sales volume was eight percent higher than a year before. The fertiliser prices have risen...
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The European Commission rewards the most inspiring businesses
The European Commission rewards the most inspiring businesses again this year. The European Commission’s (EC) Award for the inspiring of European businesses will be organized in Hungary for the first...
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Pöttyös appears in dm stores
Túró Rudi is being sold in a growing number of dm drugstores – precisely 71 at the moment. Currently six types of 30g Túró Rudis are available in three flavours,...
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Viola: new packaging design and more efficient composition
The first Viola products – laundry detergents for white and coloured clothes – appeared on store shelves at the end of 2015. In February 2016 liquid detergents followed and soon...
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Iveco Daily vans in the Tesco Online fleet
Danube Truck Magyarország Kft. has delivered the 25th IVECO Daily van (Van of the Year in 2015) to TESCO Hungary – the retailer’s Tesco Online Shopping fleet now consists of...
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ALDI reduces its greenhouse gas emission
ALDI has set an ambitious goal for itself: the international retail chain’s affiliates will cut their greenhouse gas emission by 30 percent as per sales area square metre until 2020...
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Magazine: Oat’s renaissance
Thanks to an excellent sales performance from mueslis and muesli bars, cereal sales have increased by 8 percent recently. Klaudia Takács, associate marketing manager of Nestlé Hungária Kft. told our...
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POPAI Global Award has a Hungarian winner again!
A.R.E | POPAI The New Association announced the 2016 Global Awards Winners at GlobalShop in Las Vegas on March 23, 2016. Each year, the POPAI Global Awards recognize excellence in...
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Call for Tenders for the Innovation Product Competition of Sirha Budapest
For the second time, Hungexpo Zrt. and Trade magazine will be jointly hosting the Sirha Budapest international Innovation Product Competition. The goal of the competition is to use the exhibition...
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Heavy traffic is expected in the chain of stores
The domestic retail chains expect a strong Easter traffic. The most popular products remain ham, eggs, chocolates, and alcoholic beverages; However, the consumers are increasingly turning to higher-quality products –...
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Trade Association: Easter brings 40-50 billion HUF additional revenues
During the pre-Easter holiday shoppings retail sales jump with 40-50 billion HUF – the secretary general of the National Retail Federation told M1 news channel on Sunday. Vámos György described...
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Kométa expects increasing turnover
This year the Kométa 99' Zrt. expects increasing turnover and profit and similar results as last year – the company's marketing director said in Kaposvár. Prohászka Balázs pointed out that...
Read moreThe Marketing Board would facilitate the efficiency of the pig sector with integration
The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) would facilitate the efficiency and competitiveness of the pig sector with integration, in order to achieve the government's pork strategy....
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