News and articles

Chio changes name to Intersnack

Starting from 1st November, Chio Hungary changes its name to Intersnack Hungary Ltd. Since its start in 1991, the company has worked hard to highlight its most important brand –...

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New rabbit breeding technology at the Olívia food processor

The Olívia Élelmiszerfeldolgozó Kft. introduced new breeding and feeding technologies in its plant in Lajosmizse, with the financial support of the European Union – Atkári Tamás, head of the livestock...

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Polish recognition to the Eger wine region and to the Tokaj Aszú

The Polish Wino (Wine) professional magazine gave the Best Wine Region of the Year to the Eger wine region. In addition, among the category of sweet wines the 1999 vintage...

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Reduced profitability at Zwack Unicum

The Zwack Unicum Nyrt. in its first half of its 2012-2013 fiscal year achieved 611 million HUF after-tax profits, which is 31.7 percent lower, compared to the results of  a...

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Magazine: Hungarian women are faithful to intimate hygiene products

Ildikó Kardos, marketing manager of Libresse distributor SCA Hygiene Products Kft. told Trade magazin that the Hungarian sanitary napkin, tampon and pantyliner market is stable, in terms of both segment...

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New Philadelphia cheese-products

Milka and Philadelphia launched Milka Philadelphia, after seducing the German, Belgian, and Italian markets. This new competitor Nutella, made of lightweight creamcheese, innovates and will be sold in the fresh...

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ProWein is getting ready for a big event

In the run-up to ProWein 2013 experts on the global sparkling wine market see great challenges ahead. Increased raw material prices are the main concern negatively impacting the sector. Gratifyingly...

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KÖBE: Learning about safe traffic tricks while playing

KÖBE has been focusing on safe traffic for ages, thus they have just closed a successful campaign with 800 kingergarten-kids and pre-school students focusing on the advantages of safe travelling...

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2.5 billion HUF was spent on chocolate last year during Santa Claus and Christmas

Consumers bought approximately 700 tons of seasonal candies for about two and a half billion forints between November 2011 and January 2012. Compared to the same period of the previous...

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European Trade Day – NGM works on the effective support of trade

Trade is one of the key sectors in Hungary. Therefore the Ministry of National Economy is working for the efficient support of the commercial sector – Lenner Áron, Deputy Minister...

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Tesco launches its web business next year

Auchan and Tesco also sees the future in web development – was said at the roundtable discussion held on the occasion of the European Day of Commerce. Csűrös Aliz, Auchan’s...

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The Nestlé factory in Diósgyőr manufactures products to 23 countries for Christmas

Nearly 1,400 tons, winter seasonal chocolate figurines were produced for this year's holiday season, at Nestlé’s Diósgyőr-based plant. 80 percent of this will be exported, so in the winter the...

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Kuwait is interested in Hungarian poultry

Domestic construction industrial companies can also take part in the infrastructural investments of the five-year national development plan of Kuwait, that was launched in 2010 – Szijjártó Péter told Világgazdaság...

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VM: 4 million euros support to the wineries

The total of 4 million euros (about 1.1 billion HUF) support will be available again from the beginning of this week, for the purchasing of new winemaking equipments and technological...

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Hungarian poultry is competing in the Far East

Kardeván Endre Minister of State is negotiating on the expansion of the Hungarian food exports in Hanoi Secretary at the meeting of the Hungarian-Vietnamese Economic Cooperation Committee – the Ministry...

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The Rossmann Magyarország Kereskedelmi Kft. renewed two of its units

The Rossmann Magyarország Kereskedelmi Kft. re-opened two of its stores on 5 November in Veszprém and in Békéscsaba. On this occasion, the customers will receive a 10 percent discount in...

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Two and a half tons of sponge cake was baked in Austria

Two and a half tons of sponge cake was baked in Austria. The boss of the patry team considered the dough very light. The cake monster was made in Seiersberg​​,...

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The wine market of Asia getting more popular

Hong Kong is waiting for the Hungarian winemakers and wine exporters with open doors. Hong Kong abolished all wine duties in 2008, and its annual wine import in 2011 increased...

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Europe is getting more optimistic these days

According to the index, reflecting the expectations of November, the German consumer sentiment has increased to its more than five-year peak – the GfK market research institute announced on Friday....

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Discount stop instead of mall stop

According to the summary of the Ministry of National Economy (NGM) sent to Népszabadság, since the voting of the mall stop, Fidesz has torpedoed the domestic expansion of Lidl and...

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MNB: the performance of the Hungarian economy is significantly lagging behind the region

The National Bank of Hungary (MNB) revised down this year’s and next year's GDP expectations. This year, the Hungarian economy can shrink by 1.4 percent, next year an only 0.7...

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Online shopping day comes on Thursday with significant discounts

This year, the online shopping day will be held on 8 November on Thursday. The event involving hundreds of webstores will provide significant discounts for online buyers. In 2011, almost...

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A Fornetti Milk bar has been opened in the capital

An unconventional satisfactory catering unit has been opened on 16 October in the 6th district of Budapest. The Fornetti Milk bar can be found on the Grand Boulevard between the...

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Portuguese company would build Romanian malls

The Portuguese property developer Sonae Sierra considers Romania as one of the most promising real estate market in Central and Eastern Europe. The company would build shopping malls in Bucharest...

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Urbanization brings an increase in consumption in China

By the end of the decade, the number of the Chinese middle class will reach 600 million. They are the key driver of economic development – predicted the Chinese Reform...

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Drought and fungal diseases affecting the chestnut crop badly

Chestnuts almost cannot be purchased in the country due to the drought, ten percent of the usual amount has grown this year. In Zengővárkony, at the country's largest production area,...

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How whisky is being made?

Nestled at the foothills of the Highlands near the scenic town of Crieff, Glenturret is the spiritual home of The Famous Grouse whisky. After seeing the age old process of...

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Eastern opening is reasonable in foreign trade

Eastern opening is reasonable in the Hungarian foreign trade, as the driving force of the world economy is now outside Europe – told Hídvégi Balázs, Deputy Secretary of State at...

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KSH: the volume of exports increased by 1.7 percent in August

The volume of imports in August decreased by 0.3 percent, while the volume of exports increased by 1.7 percent compared to the same period of last year. Calculating in euro,...

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More and more Hungarians turn to the European Consumer Centre

A growing number of Hungarian citizens are turning to the European Consumer Centre (ECC), and the returned amount also increases – Kriesch Attila director of ECC told at a press...

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