News and articles

Mutti Earmarks €100m For Expansion And New Products

Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategic Plan. The CEO and majority shareholder, Francesco Mutti,...

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Lidl, Billa To Open New Stores in Bulgaria

Lidl Bulgaria is set to expand its retail network with the opening of eight to 10 new stores in 2024, with each outlet seeing an average investment of BGN 14...

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Snoop Dogg, Dr. Dre bring hit ‘Gin & Juice’ to the beverage space

Thirty years after the two unleashed the namesake song to the public, the rappers have partnered on a RTD cocktail offering. Thirty years after their hit collaboration “Gin & Juice”...

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The producer price of raw milk decreased by 26 percent compared to a year earlier

In December 2023, the producer price of raw milk in national currency decreased by 20 percent in the European Union, by 17 percent in New Zealand, and by 16 percent...

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We can expect an expensive Easter this year, especially on the ham front

Every year, as Easter approaches, attention turns to various meat products, and various experts try to predict how much the price of Easter ham and other meats will increase as...

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These are the challenges of the FMCG market now, according to Gabriella Heiszler

Gabriella Heiszler, president and managing director of SPAR Magyarország Kereskedelmi Kft., spoke about the challenges of the FMCG market and the development of the sector in her interview with Pénzcentrum....

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23 Hungarian food industry companies will present themselves in Dubai

23 Hungarian companies will present themselves at one of the world’s largest trade fairs for the food industry, Gulfood in Dubai, the Agricultural Marketing Center (AMC) told MTI on Monday....

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The product categories of High Quality Food are being expanded

The number of product categories of the Excellent Quality Food mark may soon be expanded – the National Chamber of Agriculture (NAK) announced to MTI on Monday. According to the...

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SPAR has announced its Price Stop Extra Promotion

The company recently announced the Árstop Extra Promotion, in the framework of which the prices of popular products were fixed until the end of March. SPAR’s initiative means that customers...

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Tomatoes have become more expensive

Based on recent data from the KSH, it was revealed that the price of tomatoes and peppers rose significantly in January 2024, and the price of red onions also rose....

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They hope for a boost in tourism from the designation as a tourist zone of national importance in Nagybánya

They hope for a boost in tourism and the development of tourist services from the designation of a tourist zone of national importance in Nagybány in Transylvania, municipal representative Zsolt...

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These will be the fixed prices of Magyar Posta’s logistics service in Hungarian webshops

According to a 2023 decree, the government would require webshops to also offer the logistics service of Magyar Posta to their customers. Although it is not yet clear to the...

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He built a new storage facility at the Mezőtúr site of Prince Job Holding Zrt

Prince Job Holding Zrt., which deals with the storage and packaging of corn and sunflower seeds, built a new warehouse, bought modern machines and installed solar panels at one of...

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MTÜ: the Chinese New Year brought prestigious international tourism awards to Hungary

The Hungarian tourism sector received five significant professional recognitions from China, one of the most important sending countries. The Chinese National Geographic Travel recommends Hungary as one of the top...

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Majority Of Europeans Consider Ultra-Processed Foods Unhealthy, Study Finds

The majority of European consumers (65%) believe that ultra-processed food items are unhealthy and will cause health issues later in life, according to a new study conducted by the EIT...

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2024 is the year of improvements in vocational training

2024 is the year of improvements in vocational training – declared the state secretary responsible for innovation and higher education of the Ministry of Culture and Innovation at the opening...

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Mega Image Invests €25m In Store, Warehouse Upgrades

Romanian food retailer Mega Image has invested over €25 million in renovating and modernising its stores and warehouses. The retailer, which is part of the Ahold Delhaize group, has already renovated...

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Balázs Győrffy: the V4 agricultural organizations are holding a joint farmer demonstration

The agrarian chambers of the Visegrad countries are organizing a joint demonstration together with the representatives of Latvia and Lithuania on February 22, drawing the public’s attention to the fact...

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SAP Hungary closed the strongest year in its history

In 2023, SAP Hungary had a better year than ever, winning the “SAP – Best Country of the Year” award for the Central and Eastern European region, which includes 24...

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K&H: This year, companies’ sales may increase above inflation

Compared to the previous ones, the companies expect a slightly more modest increase in sales of 7.2 percent, but at the same time a stable increase in profit of 3.8...

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Zöld gasztronómia – workshop a SIRHA kiállításon

Március 7-én a SIRHA kiállítás kísérőeseményeként kerül megrendezésre az MMSZ HoReCa és Event tagozata, valamint az MMSZ Green Club szervezésében a Zöld gasztronómia című marketingkommunikációs workshop. Négy éve, pont a...

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Nestlé Hungária is making another HUF 55 billion investment in its factory in Bük

Nestlé Hungária is developing Purina’s pet food factory in Bük at a cost of HUF 55 billion. This investment will create 130 new jobs, Minister of Foreign Affairs and Trade...

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Good news for customers: the price reduction has started in the technical market

According to Euronics, sales revenue and the number of purchases decreased in 2023 in parallel with the decline of retail traffic in Hungary, but the last quarter again brought good...

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Get in touch with German food industry companies

GEFA Exportservice GmbH, in cooperation with the German-Hungarian (as well as the German-Slovak) Chamber of Industry and Commerce, organizes a professional trip for German food industry companies to Hungary and...

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Green Weeks at Auchan lasts until February 21

Auchan’s comprehensive sustainability strategy covers not only store operations, but also merchandise, packaging and customer attitudes. Until February 21st, the products whose production, composition, packaging or lack thereof point in...

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Coors light beer from Borsodi is coming

Starting this February, Hungarian beer consumers will also be able to taste the feeling of life in Colorado, as one of the world’s best-known beer brands, Coors light beer, will...

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The Most Inspirational Leader of the Year Award was presented

Based on the opinions of 297 Hungarian CEOs, PwC Hungary has awarded the Most Inspiring Leader of the Year Award. Established last year, the award recognises a Hungarian CEO who...

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Márton Nagy: the reduction of inflation is due to the choice of the right tools

The rapid reduction of inflation is due to the fact that the government used the best tools, realizing the importance of fiscal and regulatory policy in stopping unfavorable processes, the...

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In January, the increase in food prices moderated to 5.7 percent in France

In France, the annual rate of consumer price inflation slowed to 3.1 percent in January from 3.7 percent in December, according to the final data posted on the website of...

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What is the scientific truth behind fasting?

The forty-day Lent before Easter has begun, but at this time many people, regardless of religion, start a juice fast or detox in order to get in shape for spring....

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