News and articles

K&H: Family companies are on a moderate growth path

More than half of family companies are experiencing the current economic situation more severely than the coronavirus epidemic. The mood is even more gloomy in the entire large corporate sector,...

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From now on, applications can also be submitted for shortbread made with butter

The range of baked goods eligible for the KMÉ trademark has been expanded, and from now on, applications can also be submitted for shortbread made with butter. Producers of sweet...

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Lurpak faces shopper backlash after shrinking block of butter

Arla Foods butter brand, Lurpak is facing negative customer reactions as it has shrunk the size of a block of butter by 20%. The Danish brand has cut its 250g...

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AM: Hungarian-French relations must be further strengthened

Hungary is committed to strengthening Hungarian-French agricultural professional, political and commercial relations, according to a statement issued by the Ministry of Agriculture (AM) on Thursday, István Nagy, who received Claire...

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Online sales forecast for Germany tempered

Inflation and subdued consumer confidence are expected to dampen online spending in Germany, according to the latest announcement by Handelsverband Deutschland (HDE). In its HDE Online Monitor 2023, the retail...

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Penny Italia Acquires 16 Stores, Grows Presence In Rome

Penny Italia has concluded the acquisition of 16 stores from Gruppo Faranda (Tuodì and Fresco Market banners) and a Gruppo Pam franchise. Of this total, 13 outlets are located in...

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Last year, Tourinform offices received two million inquiries

Last year, Tourinform offices received two million inquiries, the tourist information offices operating under the professional coordination of the Hungarian Tourist Agency (MTÜ) provide 30 types of services with 244...

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Retail is booming like never before on social media

A forecast by Deloitte predicts that the number of people who shop on social media platforms will grow to 5 billion in 2023. Influencers don’t just inspire the members of...

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MagyarBrands: About selecting the best ones

The annual meeting of the MagyarBrands Professional Committee took place. The Professional Committee of the MagyarBrands Program, which awards excellent Hungarian brands, held its annual meeting, at which the members...

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GVH organized a workshop on managing food inflation

The competition authorities of the European Union discussed the management of food inflation in an online workshop organized by the Economic Competition Authority (GVH) on Wednesday, the agency informed MTI....

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We have the best of the Hungaricool product competition

The fourth season of the SPAR and K&H Hungaricool product competition has ended. This time, the creators of the winning products are supported by K&H in addition to the originator...

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Coca-Cola HBC Magyarország is launching its largest investment in the last sixteen years in Dunaharaszti

The largest soft drink company in the country is developing its production and logistics capacities for a total of about 23 million euros (~8.7 billion forints). Coca-Cola HBC Hungary will...

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After collecting thousands of votes, it was revealed what this year’s Beer of the Country was

In 2023, Ország Söre became a New England IPA-type beer – that is, light, unfiltered, rich in hops, very restrained in bitters – and this year, for the first time,...

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Adult training gives companies a competitive advantage

Continuous technological development and the changing economic environment place increased demands on both employees and companies. Companies can gain a competitive advantage if they realize that it is worth investing...

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For three-quarters of Hungarian customers, fast delivery is extremely important when ordering online

Almost 40 percent of online purchases in Hungary fail because the customer cannot find a fast enough delivery option among the delivery options of the given webshop. This is revealed...

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Pick Szeged Zrt. significantly increased its sales revenue.

Pick Szeged Zrt. significantly increased its net sales from sales last year from HUF 70.679 billion to HUF 80.28 billion in 2021, according to the company’s annual report published on...

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The EU approved the use of the new e-signature platform, the system that ensures the digital management of public administrative matters

Hungary will also be provided with fully digital EU administrative administration, electronic identification and digital signature thanks to the Evrotrust eID unified identification system, which has already passed the evaluation...

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Industrial producer prices have risen, and export prices have already fallen

In April 2023, industrial producer prices rose by an average of 15.9 percent compared to a year earlier. Domestic sales prices increased by 41.9 percent, export sales by 3.3 percent,...

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The Ministry of Agriculture supports new investments worth more than HUF 171 billion

Thanks to the 80% national additional funding, the government has supported agricultural and food industry investments worth HUF 1,300 billion from 2021, in addition to this, another 400 projects will...

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Inflation in Germany also slowed down in May

In May, inflation continued to decelerate in Germany, according to data from the Federal Statistical Office (Destatis) on Wednesday. Based on the agency’s preliminary calculations, consumer prices increased by 6.1...

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The electronic management diary is available from the second half of June

From the second half of June, the electronic management log (eGN), which farmers participating in the new support system must keep, will be available on the electronic interface of the...

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GFM: the volume of investments also increased significantly in the field of agriculture

According to the data of the Central Statistical Office (KSH), in the first quarter of 2023, the amount of investments decreased by 2.8 percent on an annual basis. The result...

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The supervision fee declarations can be submitted without penalty until the second of June

Nébih informs the actors in the food chain that temporary interruptions in the operation of the reporting system may occur due to the currently experienced overload. In order to ensure...

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The European Union should show solidarity with Eastern European farmers

The European Union should show solidarity with the Eastern European farmers in order to ensure that the Eastern European stocks that have become unsold due to Ukrainian grain imports do...

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Influence Media won the communications tender of Continental Hungary

In a multi-round, invitational tender, the integrated communications agency Influence Media won the tender for corporate communication and PR tasks of Continental Hungary. The joint work started already in April,...

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Agricultural risk management consultations in France

At the end of May, Anikó Juhász, the Deputy State Secretary responsible for agriculture, held talks in Paris on the topic of agricultural risk management. The deputy state secretary first...

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NAK prepared a comprehensive publication on the challenges and development opportunities of domestic agriculture

In recent months, the National Chamber of Agrarian Economy (NAK) has evaluated the sector’s situation and development opportunities in a broad perspective and in detail, taking global factors into account,...

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Wine wanderers and sun worshipers – opening of the season on the Homola Wine Terrace

With its unique panorama and rich gastronomic program, the Homola Wine Terrace awaits wine and sun lovers this season as well. On June 9, Homola Winery will launch its latest...

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Proposed tax hike threatens success of alcohol-free beer in Thailand

A proposed tax hike on alcohol-free beer in Thailand could “clip the wings” of this niche category “even before it takes off”, analytics and consulting firm GlobalData has said. Several...

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Lidl And Kaufland Owner Schwarz Group Reports €154bn In Sales

The Schwarz Group, which operates the Lidl and Kaufland chains, has reported sales of €154.1 billion in its 2022 financial year, an increase of 15.4% year on year. The German...

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