News and articles
The Spanish shipment arrived to Hungary instead of Romania
According to the transport documents, the truckload of Spanish fruit and vegetables should have been transported to Romania, not to Hungary. The ekáer Working Group of the National Tax and...
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Unilever releases first-of-its-kind Human Rights Report
The report outlines Unilever’s goal not only to respect Human Rights but to actively advance them across all areas of its business. It documents areas where the company has taken...
Read moreThe German business sentiment index declined in July
The German business sentiment index declined from the previous month's 31.5 points to 29.7 points in July – the Mannheim-based ZEW economic research institute announced on Tuesday. The long-term average...
Read moreThe inter-professional organization is promoting the development of the grape and wine sector
The inter-professional organization is a good tool to promote the development of the grape and wine industry – the Deputy Minister of State of the Ministry of Agriculture (FM), told...
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Fresh Wine Wednesday in the National Gallery
The National Gallery organizes the latest edition of its Wine Wednesday series with the Fresh motto. At the Fresh Wine Wednesday in the National Gallery, fresh exhibitions, guided tours, music...
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Forty million USD investment in Gyál
In the next 3 years the US contact lens manufacturer CooperVision, will create 400 new jobs in the the industrial park in Gyál, with a 40 million USD investment –...
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A drop in US retail sales
The US retail trade turnover suffered an unexpected setback in June – portfolio.hu wrote. While the market expected a 0.2 percent expansion on a month per month basis, according to...
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Magazine: Auchan: improving results
In 2014 Auchan Magyarország Kft.’s gross turnover was HUF 326 billion – realised by 19 stores and 16 petrol stations. The company’s earnings (EBITDA) rose to HUF 8.5 billion last...
Read moreFM: the US authorities are satisfied with the Hungarian Food Safety Authority System
The US authority (FSIS) are satisfied with the Hungarian Food Safety Authority System, so the companies producing and distributing pork and pork products may find additional US export opportunuities. The...
Read moreInnovations at the Tesco: the stores of future to come
The Tesco that is following the changes in customer requirements creates the “Department Stores of the Future” – for the first time in Budapest on Váci út, Székesfehérvár – the...
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The producer cooperatives to be assessed
The National Agricultural Economics Association (NAK) in cooperation with the Hungarian Academy of Sciences (MTA) will carry out a survey on the economic and social conditions of producers' cooperatives –...
Read moreThe amount of the cherry crop is below expectations
One thousand tons were expected, but the amount of cherries is slightly below 900 tons – Pusztai József executive director of Hunapfel Kft., Békés county’s largest cherry producer told MTI...
Read more53 billion HUF for water management until 2020
In the new EU budget period Hungary can spend 53 billion HUF on water management tasks – Mezei Dávid, Deputy Minister of State of the Prime Minister’s Office The Deputy...
Read moreThe harvest of autumn barley and rapeseed has ended in Békés County
Outstanding autumn barley yield occured this year in Békés County – Barabás Béla, secretary of the Békés County Farmers' Federation told MTI on Monday. The average yield per hectare in...
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Pepsi struggles with the strong dollar
The strong dollar is not good for US export companies. Pepsi also feels this despite its revenues have increased almost in all regions without calculating the strenghtening of the USD....
Read moreOne glass of red wine is equivalent to an hour at the gym
According to researchers of the University of Alberta in Canada the resveratrol, a compound found in red wine has health benefits similar to those we get from exercise. According to...
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The HNT asks its members to block Italian origin wines
The National Council of Wine Communities (HNT) draws the attention of its members to block their Italian origin wine stocks and withdraw the already delivered Italian wines from the shelves,...
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More money for the Bocuse d’Or competition
The government doubled the sum for supporting the Bocuse d’Or chef competition from the central budget: next year the contest’s European final will take place in Budapest and the organisers...
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Five a day is OK
The European Food Safety Authority conducted a study with 66,531 participants on the food safety aspects of caffeine consumption. They found that a maximum 400mg daily caffeine intake is perfectly...
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Visibility on a small and on a large scale
Marketing and communication tools used in the trading area of shops can be very different across categories, but their goals are the same: grabbing the attention of shoppers. Kornélia Varga,...
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Manufacturer brands stayed strong
Shower gel is in the top 10 of the 70 household chemical and cosmetics categories audited by Nielsen. Sales were worth HUF 15 billion in the March 2014-February 2015 period,...
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When times are hard, product selection and prices become more important
In Q1 2015 consumer confidence dropped further in Russia: it was at 72 points (Q3 2014: 87 points, Q4 2014: 79 points). At the end of last year the rouble’s...
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Magazine: ALDI: 100 stores, popular and successful in-store bakeries
2014 was a milestone in the life of ALDI in Hungary, for instance the retailer expanded its product selection by 20 percent. ALDI Hungary also continued the building of in-store...
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E-money in the cash registers
More than a thousand cash machines authorized by the NAV were transformed into machines that accept e-money. Soon we can pay with e-money in public kiosks and tobacco shops. The...
Read moreBetter than medium quality wheat crop is expected this year
This year, better than medium quality wheat crop is expected, according to the preliminary estimates. About twenty percent of the winter wheat sown on one million hectares has been harvested...
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The Danone factory in Hungary was closed permanently
The Budapest-based Danone Tejtermék Gyártó és Forgalmazó Kft. (Danone Dairy Production and Distribution Ltd.) finished milk production in Hungary in June. The Danone Group has transferred the production to Hungary...
Read moreLawsuits may also take place due to the GMO ban
Neither the Constitution nor the recent amendment of the genetic engineering law is not capable to prevent from the Hungarian appearance of the genetically modified organisms (GMOs) – Darvas Béla...
Read moreBrussels is optimistic about the agricultural markets
The European Commission published its short-term forecast on the the agricultural markets on Friday. The forecast projects a positive image of production and the meat industry. Brussels notes that last...
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