News and articles

NGM: fixing the exchange rate may prevent a dramatic fall in consumption

The Hungarian government did not anticipate that as a result of the dramatically strengthened Swiss franc, consumption would fall – said the Ministry of National Economy (NGM) to MTI. The...

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Chips-tax can be avoided with new recipes

Where it is possible, the manufacturers are developing new recipes to avoid the chips-tax. The salt grains ncan win, energy drinks may fall – reports Index, after Figyelő. Perhaps the...

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The payment deadline reduces at the domestic firms

The survey results among the domestic businesses show that in the last quarter, the deadline for payment of customer bills towards small and medium-sized enterprises decreased. The expectations are appear...

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The retail property market remained stable

Hungary's retail real estate market continues to show signs of stability in the first half of 2011, after having reached this state last year. “The market participants have adapted to...

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The number of chip bankcards increased by almost two-thirds

The spread of the EMV chip bank cards accelerated in Hungary: at the end of the first half their number reached 4.65 million this is the 53 percent of ther...

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The Spanish-owned company builds a new canning factory in Tatabánya

The Spanish-owned Mivisa Hungary Kft. willé build build its new plant in the Tatabánya-Környei Industrial Park, where the cans will be produced. The project will give jobs to forty people....

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Huge price drops may come in Swiss shops

The retail chains of Switzerland foreseen a significant food price reduction: due to the very strong franc, many customers spend money in Germany and France. According to the informations of...

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National Chocolate Festival in Szerencs for the fourth time

The National Chocolate Festival awaits the guests from inland and abroad on the last weekend of August in Szerencs for the fourth time. After the success of the past three...

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Magazine: An increase in prices and more promotions characterised the wet condiment market

What is new on the wet condiment market? Well, premium brands managed to evade a significant decline in sales and private labels were getting stronger – only the medium category...

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Food safety in extreme heat

Health inspectors want to be certain hood and ventilation systems are working properly and ensuring coolers and freezers are maintaining proper temperatures. Equipment not working properly can be cited and...

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New leader at Danone

From August 2011, the new procurement director of Danone Dairy Producer Ltd. is Zsuzsanna Kasza. The economist started her carreer in the consumer electronics industry, and in 1999 moved on...

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Praktiker builds a community

Praktiker has a new, imroved home on Facebook, where 3.4 million Hungarian users are present. In the focus of their online activity, users can find a good number of tips...

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Actimel has a new member now

Actimel product family has a new member now, called Actimel Powerfruit, containing L. casei Defensis, natural vitamin C deriving from Acerola, additional vitamins B6 and D, helping our immune-system work...

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Dance camp for kids with Camping cheese

Camping cheese is an integral part of summer camps, so no wonder that the company behind the product has sponsored a summer dance camp for kids, where the celebrity instructor...

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Retail sales fall again

The volume of retail sales – on the basis of the calendar-adjusted datas – in June 2011 declined by 0.5% and essentially stagnant in the first half of the year,...

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The heat wave brought massive mineral water and beer sales

The beer and mineral water are consumed more often in the heat. In the stores surveyed by MTI 20-30 percent more was consumed of these drinks in recent days, and...

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Domestic melon consumption accelerated

50 percent of the about 180 thousand tons of the produced watermelons were consumed by the Hungarians this year. Thanks to the successwful watermelon promotion, the domestic consumption increased significantly....

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Milk consumption can increase in long-term, in short term the sector's survival is at stake

Although according to the projections; domestic milk consumption can increase in long-term, it is unlikely to reassure the farmers of Somogy county – writes sonline.hu. Expensive feed, surging purchase prices...

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Europe's earliest new wine is already bottled in Badacsony

The bottling of Europe's earliest new wine, the Csabagyöngye started in Badacsony. The harvest ended in early August and two hundred thousand bottles are available – said Varga Péter, managing...

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GFK: Schoolbags and notebooks sell well

In the current economic situation, a successful season is particularly appreciated, and the start of school is one of these times. The beginning of the school year opens up new...

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More than half of the population would not spend more than 10 000 HUF on school supplies

53 percent of the population is not willing to spend more on school supplies than 10 000 HUF, and 50 percent of those asked are waiting for a state support...

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Hungarian Weeks at Tesco

Following the anniversary of the state-foundation, Tesco opens a special offer of Hungarian products: customers get to purchase several domestic products with a 40 percent discount. These Hungarian products wiill...

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Tesco can appear with an own mobile brand

A new mobile brand will soon appear in Hungary, as the Tesco supermarket chain is in advanced talks with one of the domestic mobile operator in connection with own branded...

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Nestle expands its Russian pet food factory

The Nestle group spends more than 38 million Swiss francs for the further expansion of its Russian pet food factory, in order to double its local production capacity within three...

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Increase in the sales of the Swiss chocolate manufacturer

The premium chocolate manufacturer Lindt & Sprüngli Group's revenues in Swiss francs weakened to close to a billion by 4.7 percent in this year's first half, but calculated in local...

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Metro and the ECE to form a joint venture

The shopping center specialist ECE created a joint venture for the take over operation of the Metro department stores. The ECE and the Metro Properties, dealing with Metro's real estate...

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The Agricultural Days near the Rába will debut next weekend

The Agricultural Days near the Rába will be held for the first time next weekend – that was announced at the event's press conference in Győr. About sixty exhibitors will...

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Sales are distributed evenly

Spice retail sales grew by 1 percent in April 2010-March 2011, from the previous comparable period. Volume sales were down 1 percent on the HUF 13-billion market. In 2009 manufacturer...

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VAT on food will not reduce next year

In medium terms VAT on food, will not be reduced, the case was removed from the agenda of the government – reports Népszabadság. In the spring, the rural development ministry...

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Looking for the cheap, canned beers

The big losers of last year were the glass packed, and alcohol-free beers were, but overall, the total domestic beer market was shrinking in 2010, as in previous years. Within...

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