News and articles

School start with the Thanks Sió! School Bag Program in 2013

More than 1,000 Thanks Sió! Packages arrived to 110 Hungarian primary schools between 26 – 30 August. The Sió-Eckes Kft. announced its Thanks Sió! School Bag Program application this year,...

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Hungarian wines at the G20 Summit

The participants of the G20 summit in St. Petersburg can taste a selection of Hungarian wines. After almost half a year selection process, the Russian administration officials found four Hungarian...

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Sealed Air at Drinktec 2013

Packaging and hygiene expertise join forces to meet the challenges of today’s and tomorrow’s beverage and brewing industries At Drinktec 2013 in Munich, Sealed Air will be showcasing solutions to...

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Eurostat: Euro area GDP up by 0.3%

GDP rose by 0 . 3 % in the euro area 1 (EA1 7 ) and by 0.4% in the EU2 7 1 during the second quarter of 201 3...

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The German Praktiker to be liquidated, while the stores in Hungary will continue to operate

It was unable to find investors to rescue the German Praktiker AG, thus the company will be liquidated – Die Welt’s online edition wrote on Wednesday. The Die Welt by...

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The organizers plan a dual record braking at the dödölle festival in Nagykanizsa

The Dödölle Festival awaits its visitors with a dual, 26-hour-long dödölle frying record attempt in Nagykanizsa on 6-7 September. Prikryl József, the president of the event’s organizer the Kanizsa and...

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Nations' cheese competition has started

SZEGA Foods is one of the oldest and most important cheese-importer, trader of Hungary. The company has been devoted to introduce and spread the culture of international gastronomy for almost...

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GfK: the rosé is the favorite of the youth

About a quarter of the turnover of spirits comes from wine sales. Although the customer base has shrunk by one-tenth in the past two years, the volume of sales has...

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Consumers would also benefit from the 17 percent meat VAT reduction

The farmers and the food industry trade associations have long been trying to reach to reduce the VAT on meet products that is the highest in Europe. Due to the...

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The test of the data submitter program was succesful

The program sending the datas to the NAV is working successfully. The datas of the cash registers must be sent monthly to the National Customs and Tax Authority (NAV), until...

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Six million tons of corn crop is expected this year

Although corn crop will be smaller than expected this year; about 6 million tons, price increases are not expected – the Deputy Director of the Agricultural Research Institute told MTI...

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Tesco expands its fleet with Mercedes vans

The Tesco and the Mercedes-Benz have signed a strategic cooperation agreement on Tuesday in Budapest. In the scope of the agreement Mercedes becomes the exclusive vehicles supplier of Tesco in...

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Hilltop – Available even in the Spar shops

By strengthening its commercial activities, the Neszmély-based Hilltop Winery signed an agreement with the Spar network to distribute the winery’s products. In addition, the Hilltop products are available in the...

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Seven hundred marching at the harvest of Badacsony

About seven hundred participants will take place at this year’s Badacsonyi harvest parade. The spectacular crowd will march between Badacsonytomaj to Badacsony. The three-day-long series of events will begin on...

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The NAV found counterfeit washing gels in a value of more than fifteen million HUF

The finance guards of NAV seized counterfeit washing gels from a truck on the M5 motorway in a value of more than fifteen million HUF – the National Tax and...

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Agriculture can help the GDP in 2013

According to the forecast of the GKI Economic Research Co. after the decline in 2012 and in the first half of 2013 the GDP will increase by about a half...

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The expansion of investments in the second quarter surprised the analysts

Analysts surveyed by MTI on Friday considered the expansion of investments in the second quarter as a surprise, while the Ministry of National Economy (NGM) pointed out that this is...

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KSH: trade surplus amounted to 581 million euros in June

In June 2013 the value of exports was 6.7 billion euros (1978 billion HUF) and the value of imports was 6.1 billion euros (1805 billion HUF). The foreign trade balance...

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Foie Gras Festival again

The 5th Foie Gras Festival will raise the awareness of its visitors on the differences between geese and ducks liver – the organizers informed MTI. The National Food Chain Safety...

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Laurel focuses on PC based cash registers

The Laurel Group received permission for another two types of its cash registers during the weekend. Thus the Laurel Smart Cash Register Family became completed, so the company in the...

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A new application was announced on pálinka trademarks

From the beginning of September, one can apply for pálinka trademarks again. The samples can be submitted between the 20 and 30 September at the Wessling Hungary Kft. that will...

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Pezsgő Világ: Festival of Classic Champagnes in Budapest

The guest lecturers of the III. Pezsgő Világ Fesztivál (3rd Champagne World Festival) will present the heritage of the Blanquette de Limoux, which was the first bottle-fermented French Champagne, while...

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The MOL has launched a mobile service under its own name

The Mol Nyrt. has launched a private label mobile service on Monday by relying on the network of Magyar Telekom – the Mol told MTI. As the first among the...

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Hungarian economy has still been frozen even after a hot summer

GKI Economic Research Co. forecasts that GDP is expected to grow by around 0.5 per cent in the second half of 2013, following its decline last year and in the...

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Dynamic expansion in the electric toothbrush market

Toothbrush retail sales are above HUF 3 billion a year and in the first four months of 2013 both value and volume sales grew by 4 percent. Electric toothbrush sales...

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Above-average sales growth in both value and volume

Mouthwash sales go beyond HUF 3 billion per annum and growth in the category is bigger than the average. In the first four months of the year both value and...

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Strong manufacturer brands among toothpastes

The annual toothpaste market’s value is HUF 12 billion. This January-April retail sales augmented by 3 percent but volume sales dropped 1 percent. Hypermarkets were responsible for 33 percent of...

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Growing number of consumers want their toothpaste to have therapeutic effects

Modern oral care involves more and more products in addition to the traditional toothbrush and toothpaste. Anita Boros, Procter & Gamble’s PR manager told our magazine that they put a...

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Recession did preserve

f we analyse the structural trends of the recent past, we can see that the lower price category increased its weight, sales shifted in the direction of private label products,...

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Manufacturer brands increased their market share

Fruit juice is the seventh biggest (in value) from the 90 grocery categories audited by Nielsen. Annual sales are worth between HUF 38 and 40 billion. In the December 2012-May...

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