News and articles

NGM: the rise of retail sales is unstoppable

The increase of retail sales is unstoppable in Hungary. The expansion lasted in October for the 29th consecutive month – the Deputy Minister of State of the Ministry of National...

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Winter food chain controls: more than 12 million HUF fine so far

During the winter seasonal food chain controls a total fines of 12.3 million HUF were imposed in 87 cases. Bognár Lajos, Minister of State of the Ministry of Agriculture told...

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Fish Farmers: carps are the most popular

Before Christmas the most sought fish is still the carp, however the consumers are increasingly looking for ready to cook fish fillets – the president of Mahal told MTI. Németh...

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Wages increased by 4.8 percent in October

In October 2015, the gross and net average earnings increased by 4.8 percent, compared to a year before. Without counting the public workers the increase was 5.6 percent compared to...

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Two thousand volunteers are taking place in the “Giving is a joy!” Action

The volunteers of the Hungarian Maltese Charity Service are collecting donations in 162 stores of the SPAR Group since 16 December. Last year, 262 tons of perishable foods were collected...

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Five Hungarian companies among the region's 500 fastest growing companies

Five Hungarian company are among Deloitte Technology Fast’s EMEA region (Europe, Middle East and Africa) ranking list of the 500 fastest growing companies this year. The Central and Eastern European...

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Food safety with a little help from Mars

Mars and FAO have signed a cooperation agreement: the two parties aim at calling attention to the importance of food safety in developing countries. Mars vice president Dave Crean told...

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Major developments by Starbucks

Starbucks’ revenue grew less than expected in the last quarter because the coffee company spent a lot on increasing the level of its services. In September they launched mobile ordering...

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Baby formula boom to occur in China

Danon and Nestlé shares increased their values instantly when the Chinese government announced that families would be allowed to have more than one child. At the moment the Chinese baby...

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Small Auchan stores will open in Russia

Auchan will open small shops in Russia, where they already have four hypermarkets. The small stores will be called Kazhdy Den. Auchan decided to make this move because competitors Da!...

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The Formatex toy dealer expects nearly 10 percent increase in turnover this year

The toy dealer and importer Formatex Kft. this year expects a net sales revenue of 3.837 billion HUF, which is equivalent to almost 10 percent increase over the last year...

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Back to the summer

Another new flavour appears in the XIXO ice tea portfolio in the autumn of 2015. XIXO lychee green tea was one of the successes in the summer. This time the...

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Strong third-quarter performance from Henkel

Henkel produced a significant sales and profit growth in the 3rd quarter: sales improved by 8.4 percent to EUR 4,590 million (from this organic growth was 3.2 percent) and operating...

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Recession hits Italy

In the last 4 years the number of stores fell by 21,320 units in Italy and half of these were grocery stores. Between 2010 and 2014 Italians spent 7.9 percent...

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Magazine: Pralines are slowly but steadily regaining their old glory

Praline sales grew by a couple of percent in the last 12 months, a bit more in value than in volume. Sándor Sánta, managing director of Chocco Garden Kft. reckons...

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Half million tonnes less fruits and vegetables grown this year than in 2014

This year, the farmers harvested about 2.5 million tons of vegetables and fruits, about 500 tons less than the record harvest in 2014. The yield loss was mainly due to...

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The quality of Hungarian wines is improving constantly

The quality of Hungarian wines is steadily improving and it is also recognized abroad – Fazekas Sándor Minister of Agriculture told at a press conference in Budapest. The Minister, while...

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METRO focuses on high quality

The METRO announced at a ceremony that all of the 13 METRO stores managed to acquire the “Excellent Quality Pork” (KMS) certification. The certificate certifies METRO's commitment to quality products,...

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The chairman of the Fiscal Council expects a two-three percent increase in the future

The GDP growth can be close to 3 percent this year, in the future 2-3 percent annual economic expansion can be expected – Kovács Árpád, chairman of the Fiscal Council...

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Danone OIKOS Greek Yogurt Cream: New name, same pampering content

From December 2015 the Greek Danone Yogurt pampers the Hungarian consumers with the Danone OIKOS Greek Yogurt Cream’s special cream and the usual high quality. The Görög Krémjoghurt changes its...

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The Heimann family estate received the prestigious award

The professional and media jury of the Prestige Reserve Club awarded the Prestige Award to the most prestigious winery of the year 2015 for the 6th time. In 2015, Heimann...

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The Hungarian National Merchant House has 35 offices already

The Hungarian National Merchant House (MNKH), has offices in 35 countries, backed by the Central European network, which will have 22 members – Ducsai-Oláh Zsanett, CEO of the Hungarian National...

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Tablet cash register at the exclusive shoe shop

The MUSETTE shoe shop opened its first store in Hungary in the Váci street. The cash register should also be stylish at the elegant fashion store, so a tablet-based cash...

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Nébih: delivery of animals susceptible to bluetongue to be simplified

The National Food Chain Safety Office (Nébih) told MTI on Thursday that the delivery of animals susceptible to bluetongue diesase is authorized temporarily to disease-free or low-risk areas without previous...

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Coca-Cola’s ecological footprint reduces further

The Coca-Cola HBC group is present in 28 countries. In early November the bottling company announced the cutting of water use by 30 percent and reducing carbon dioxide emission by...

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Hungary was successful at the World Expo

During the World Expo, held between May 1 and October 31 in Milan a total of about 130 kinds of program elements were realized in the Hungarian Pavilion. On 17...

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Nearly sixty percent of the light garlands are faulty

This year, 58.8 percent of the tested christmas light garlands did not meet the product safety requirements which is almost 30 percent less than last year's 87.5 percent – Vermes...

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Less food wasted

According to a survey conducted by The British Retail Consortium, while in 2013 British retail chains produced 200,000 tons of food waste, in 2014 they only generated 180,000 tons. Data...

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Alibaba vs. Amazon

The Alibaba group plans to invest more than USD 80 million, mainly in developing their smartphone app for ordering groceries. Groceries ordered via smartphone above the sum of USD 50...

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