News and articles
Nestlé Seeks To ‘Slim Down’ Packaging For Confectionery Sharing Bags
Nestlé has announced that it is slimming down the packaging for its confectionery sharing bags on sale in the UK and Ireland, in a move that will reduce the plastic...
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Magazine: Report from the boardroom (Part 2) – An interview with Christopher Mattheisen, managing director of Microsoft Hungary
In our new series Judit Szalóky Tóth, a Boyden Executive Search partner makes interviews with executives. This time she asks questions from Christopher Mattheisen, managing director of Microsoft Hungary. He...
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PwC’s CEO Survey: Hungarian CEOs expect a quick rebound
PwC Hungary has surveyed the expectations of Hungarian CEOs every year for the past ten years. Since the beginning of our survey, optimism has never been higher about the rate...
Read moreThe Hungarian food industry receives seven hundred and fifty billion forints in support
The food industry is one of the largest manufacturing sectors in Hungary, which could receive a huge boost in the next seven years. The Ministry has prepared a serious development...
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That’s where e-commerce is standing now
In 2020, domestic online retail sales increased by 45% to HUF 909 billion. On the basis of the figures, it can now be stated that the online market, which initially...
Read moreGKI Digital: a record 45 percent increase in online retail sales last year
Domestic online retail reached a gross annual turnover of 909 billion HUF last year, which was a record 45 percent higher than the 2019 level, according to the latest joint...
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The government has renewed the strategic cooperation agreement Coca-Cola HBC Magyarország
The government renewed the strategic cooperation with Coca-Cola HBC Magyarország, which began in 2012, by signing a partnership agreement on Thursday. The new agreement was signed by the Minister of...
Read moreAM: the Vasi wild pear pálinka received EU protection
On March 25, the European Commission protected the name “Vasi wild pear pálinka”, increasing the number of Hungarian geographical indications protected by the EU to 66 – the Ministry of...
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NMHH: the proportion of new Hungarian TV commercials has doubled in the previous half year
According to a new study adopted at the last meeting of the Media Council of the National Media and Communications Authority (NMHH), the proportion of new Hungarian advertising spots increased...
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Kőbányai innovates with citrus flavors
Kőbányai, known until now only in the form of a clear lager, comes as a surprise to the lovers of flavored beers: the Hungarian beer market legend launches a grapefruit-flavored...
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The competition authority warns consumers to be more vigilant
The Hungarian Competition Authority (GVH) recommends that consumers be more vigilant, as they have recently received a number of complaints alleging objectionable commercial practices that exploit the pandemic. In its...
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By 2030, the European Commission would implement organic farming on the quarter of agricultural land
The European Commission has presented an action plan for the development of organic production to encourage the production and consumption of organic products, with the aim of achieving organic farming...
Read moreMarch US economic activity is near a six-year peak
Thanks to unprecedented growth in new orders has not experienced for several years, but constrained by supply chain disruptions, U.S. economic activity performance fell slightly in March from a six-month...
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Egg falling from the sky
A church in the United States came up with an unusual idea. At Durham Temple, it is planned that as part of its Easter celebration, they will scatter thousands of...
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Consumer confidence in the euro area has returned to pre-pandemic levels
Consumer confidence in the euro area has returned to pre-coronavirus levels and close to the long-term average, according to preliminary data from the European Commission’s March survey. In a preliminary...
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New 1.4 billion investment by SPAR
The company established a new City SPAR store in the budapart district of the capital, in parallel with the modernized department store of a supermarket in East Pest and eger....
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The Nutri-score story: Everything you need to know about front-of-pack nutrition labels
It was 20 years ago that the first nutrition information graphic designs appeared on food products in Europe – on the side of the packaging where most people can’t avoid...
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L’OR Arabica Catuai: A special creation for a unique flavour experience
The coffee experts of L’OR only select the tastiest beans in order to guarantee an intense, special and complex coffee experience. This is how L’OR Arabica Catuai was created –...
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Counting tanks and moon dust tiramisu
Foreign policy expert Botond Feledy was the guest of Chain Bridge Club and gave an online presentation. First he talked about the social context and the general loss of trust...
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New icecreams by Algida
A new family of 17 ice creams is being introduced by Algida, and from April the novelties will be available on the Hungarian market throughout the country. Algida Smile’s wide...
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Not enough for a carbon-neutral economy. Can the business sector make a greater effort?
For the first time, research has been conducted on the status quo of the Hungarian business sector in relation to carbon-neutral operations. The picture is not so bright – although...
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Daniel Carrera Appointed As New UPS Europe President
UPS has named Daniel Carrera as the new president of UPS Europe. In his new role, Carrera will be responsible for managing operations and more than 50,000 UPSers across 56...
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Continente Launches ‘Powered by Plants’ Meat-Free Range
Portuguese supermarket chain Continente has launched ‘Powered by Plants’, a new range of private label vegetarian products. The product range consist of meat-free burgers, nuggets and meatballs made exclusively from vegetable...
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Nestlé Professional to deploy pioneering anti-viral screen protection on coffee machines
Nestlé Professional is deploying anti-viral and anti-bacterial self-disinfecting screen protectors for its out of home coffee machines. In an effort to provide solutions adapted to the current sanitary situation, Nestlé...
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Introducing the IKEA ScrapsBook
At IKEA, we believe the kitchen is the heart of the home. Unfortunately, it tends to be a wasteful place—but it doesn’t have to be. That’s why we’ve created the...
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New ideas and successful promotional solutions
One day: An abundance of promotion ideas and an award ceremony. If we must only name three things why it is worth coming to Trade magazin’s ‘New ideas and successful...
Read moreThe chamber proposed a restart of the commercial and service sector as soon as possible
On Tuesday, the Hungarian Chamber of Commerce and Industry (MKIK) consulted with the Prime Minister in order to restart the trade and service sector as soon as possible. The chamber...
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Pénzügykutató: Hungary’s GDP could grow by 3.8 percent this year
In Hungary, GDP may expand by 3.8 percent this year, the general government deficit may reach 7.7 percent of the GDP, and the government debt ratio may decline to 80.2...
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Spar’s revenue grew nearly 9 percent last year
The Spar Magyarország Kereskedelmi Kft. achieved 738.9 billion HUF in sales in 2020, despite the challenges caused by the coronavirus epidemic, an increase of 8.7 percent, compared to the previous...
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CAP reform talks in Brussels are on track
At the Agriculture and Fisheries Council meeting in Brussels on 22-23 March, EU agriculture ministers held intensive talks on the reform of the Common Agricultural Policy – the Ministry of...
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