News and articles
About 2.8 million hectoliters of new wine will be made this year
This year, 10 percent more than last year, about 2.8 million hectoliters of new wine will be made in the cellars – the president of the National Council of Wine...
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An increase in the Euro Zone’s and the EU’s retail sales in July
The volume of retail sales increased in the Euro Zone and in the European Union in July. The EU's statistical office (Eurostat) on Thursday reported that according to the seasonally...
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NBH: nearly 950 billion HUF worth contract in the second phase of the NHP
The participating banks in the second phase of the Central Bank's loan growth Programme (NHP) submitted data to the Hungarian National Bank (MNB) about services worth 947.2 billion HUF, of...
Read moreTesco: 350 workers will be directly affected by the elimination of the night shift
350 workers will be directly affected by the elimination of the night shift in the period from October to January. The company in discussions with the trade unions would like...
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The new bottling plant of the Tokaj Trading House will be completed by the end of the year
By the end of the year, the new bottling plant of the Tokaj Trading House will be finished with a 3.5 billion HUF investment – the company's CEO said on...
Read moreTesco withdraws from South Korea
The Tesco will sell its South Korean business network. The UK's largest retailer announced its decision on Monday on the London Stock Exchange. Tesco has agreed to sell its South...
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A new Starbucks was opened near the Octogon square
The 11th Hungarian member of the coffeehouse chain awaits its guests with intimate atmosphere, 16 tables and a small terrace. A Starbucks is the world's largest coffeehouse chain with more...
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The high-tech firms place the production close to the consumers
The European high technology (hi-tech) companies place the manufacturing base closer to their users from the growth in demand is increasingly put into – according to a global survey conducted...
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200 kilograms of food was collected at the Lecsó Festival in Szentes
At the Lecsó Festival in Szentes during the weekend 200 kilograms of food products was collected by the Santa Claus Factory – MTI was informed on Sunday. Many donations have...
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New-generation canned food packaging from Tetra Pak
Tetra Pak inaugurated its improved and expanded packaging material factory in Budaörs. The HUF 14-billion development project started back in 2012. In the modernised production facility the company can manufacture...
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Cereal crop processing investment project in Tiszapüspöki
A new greenfield investment in Tiszapüspöki: Tisza-TK Projekt Kft. is going to build a cereal crop processing plant. The project’s budget will be HUF 45 billion, with HUF 9.2-billion coming...
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Magazine: Competitiveness for dinner
At end of May Trade magazine and Chain Bridge Club organised their traditional Business Dinner. The topic was competitiveness and the guests were Ferenc Dávid, general secretary of the National...
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Nielsen: food retail increased both in value and volume
The turnover in the food retail trade achieved more than 1,000 billion HUF between December 2014, and July 2015 in the ninety product categories measured by Nielsen; 4 percent more...
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FM: agriculture's second quarter weakness is due to individual effects
According to the Ministry of Agriculture, behind the second quarter’s weak agricultural performance individual effects can be found. The long-term prospects for the industry remain favorable. The Ministry of Agriculture...
Read moreHungarian white wines are preferred more than reds abroad
This year, Due to tightened controls on wine a change is apparent in the structure of the Hungarian wine traffic. Hungary’s wine import in the January-May 2015 period dropped by...
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CHOCCO GARDEN: the start of a new confectionery product family
The company was established under the brand name CHOCCO GARDEN. The company aims to produce competitive and export-oriented, high-quality Hungarian confectionery products. The executive of the company is Sánta Sándor...
Read moreAnalysts: faster-than-expected increase in retail trade
Retail sales increased faster-than-expected in July, according to analysts polled by MTI, who commented on the data released on Thursday by the Central Statistical Office (KSH). According to the first...
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New Head of Communications at the domestic subsidiary of the Coca-Cola Company
From 1 September Pellion Ágnes is the Head of Public Relations and Communications at the Coca-Cola Magyarország Szolgáltató Kft. The expert came from EY and replaced Andok Ágnest, who is...
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The first hypermarket in Hungary was opened twenty years ago in Győr
The SPAR brought a new commercial category in Hungary, when the company opened its first INTERSPAR hypermarket in Győr in 1995, within a 600 million HUF investment. The SPAR celebrated...
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The Coca-Cola Magyarország supports the MPB again
The Coca-Cola Magyarország restarts the support to the Hungarian Paralympic Committee (MPB) that was suspended in May this year. According to the joint communique of the Coca-Cola Magyarország and the...
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Harvest has begun in the Tokaj wine region
Harvest has begun in the Tokaj-hegyalja historical wine region – the state-owned, Tokaj Trading House Ltd. informed MTI on Friday. The company is the largest purchaser of the region and...
Read moreRomania: a two step VAT reduction in next two years
After the Senate, the Romanian Parliament also voted for the next year’s new tax bill on Thursday. According to the new bill, the Value Added Tax (VAT) will be reduced...
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The chocolate pralines withdrawn from circulation can cause severe allergic reactions
The National Food Chain Safety Office (NÉBIH) told MTI on Friday that an alert arrived on September 3 on Thursday night through the European Union’s the Rapid Alert System for...
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Jam factory in Környe
Környe will be the home of a new jam factory, where only flavouring- and preservative-free jam will be produced. A 300m² plant and a 500m² cold storage facility will be...
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Biomass-processing plant inaugurated in Kaba
At the Kaba premises of Evonik Agroferm Zrt. a new HUF 1.5-billion biomass-processing plant started working. 51.3 percent of the budget was the company’s own financial resources and the rest...
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Start of the 2015 school year
According to the National Retail Federation (NRF) of the USA, families are expected to spend USD 68 billion in the back-to-school season, from which USD 98 million will go to...
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Magazine: Promotion of the year 2014 – Gold medalists and special award winners
With help from Nielsen, Trade Marketing Club and POPAI Hungary, Trade magazine organised the ‘Promotion of the year’ competition for the 7th time. The award ceremony was a special day...
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