News and articles
Coca-Cola develops in Zalaszentgrót
From a budget of HUF 1.8 billion Coca-Cola Hungary has increased its production capacity in Zalaszentrgrót. They started bottling a new premium product called ‘smart water’ for the markets of several...
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Large companies are starting to get in the investment mood
According to K&H’s corporate growth index, 54 percent of Hungarian companies – non-state-owned firms with annual sales revenue above HUF 2 billion – are planning to realise some kind of...
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Slaughter pig’s price started to go down again in April
According to data from the Central Statistical Office (KSH), in April 2018 agricultural production prices were 1.2 percent higher than in the same period of 2017. This rise was the...
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Opus Global gets majority share in isomalt manufacturer
Opus Global Nyrt. has acquired a majority share in one of Europe’s biggest isomalt companies, Kall Ingredients Kft. of Tiszapüspöki, increasing its share from 30 percent to 75 percent. The next step is...
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Vésztő-based cheese company Sajtmanufaktúra opens new production plant
Soon the milk processing plant of Sajtmanufaktúra Kft. in Vésztő will start production. The municipality established the company from more than HUF 100-million ministerial funding. Mostly public workers will work in the small...
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The sales growth continued in April
In April 2018 like-for-like retail volume sales augmented by 4.4 percent; adjusted for calendar effects, the sales growth was 6.1 percent – reported the Central Statistical Office (KSH). Food and...
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Kosher food from Hungary
Hungary is going to develop a build food distribution centre that will have the potential to turn the country into one of the most important players in the kosher food...
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Development budget for McHale Hungária
A consortium led by Szolnok-based agricultural machinery and services company McHale Hungária Kft. has been granted nearly HUF 500 million of EU funding for developing agricultural machinery manufacturing in Jász-Nagykun-Szolnok and...
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Food prices grew above the average in May
In May 2018 consumer prices were 2.8 percent higher on average than a year before. In comparison with May 2017, food prices increased by 3.8 percent. Egg’s price soared by...
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Szal-Tó’s goal is ensuring uninterrupted product supply
Árpád Szalai and Attila Tóth established Szal-Tó Kft. in 1991. Last year there were two big changes in the life of the company: purchasing prices elevated by 40 percent due to the...
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SIXI 2000 adds new products to its portfolio
The owners of SIXI 2000 Kft. have more than 20 years of experience in confectionery product wholesale. Since 2009 the company has had new, 1,500m² premises with warehouses that meet the strictest...
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Consumption is growing rapidly this year too
GKI Economic Research Zrt. has increased its growth forecast from 3.8 percent to 4 percent for 2018. In March the growth in industrial production slowed down: while in the first...
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Mastercard is preparing for the launch of open banking
Mastercard is developing new services that will facilitate open banking. With trust and security major pillars of the open banking ecosystem, Mastercard’s new services will make it easier for banks and...
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Niklós now distributes frozen products too
2017 brought two fundamental changes in the life of Niklós Tejtermék Depó Kft.: Dr Zsolt Beréti became the new managing director and owner, and the company moved to Szekszárd where...
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The idyllic days are over
In 2017 Hungarian shoppers ordered products online approximately 33 million times and 70 percent of these were delivered by the logistics partners of online shops. Very often delivery was free for...
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Medicinal herb companies team up
NAK’s herbal medicine department has been refounded and it will nurture a closer relationship with the Medicinal Herb Association and Product Board (GYSZT). One of the objectives is to market more...
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NAK organises a nationwide roadshow to popularise fruits and vegetables
The Hungarian Chamber of Agriculture (NAK) and French cross-sector trade organisation Interfel have launched a joint campaign – implemented in both countries – to make fruit and vegetable consumption more...
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MIRBEST: nationwide presence and services tailored to partner needs
The MIRBEST group was established in 2003 and currently consists of 11 member companies. They are present all over Hungary, with their own depots, sales manager network and vehicle fleet. MIRBEST is...
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New key account manager at Szamos Marcipán
Viktor Nyitrai has been appointed key account manager for multinational retailers at Szamos Marcipán Kft. Mr Nyitrai has been working in similar positions in the confectionery sector for more than ten...
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Popular Hungarian wineries supply the wines for ALDI’s summer selection
Some of the wines in ALDI’s summer selection have been made especially for the chain. One of these is a new cuvée from Sauvignon Blanc and Chardonnay by Kristinus Wine Estate,...
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METRO keeps improving its services
In July 2017 METRO opened its new delivery points in Balatonszentgyörgy and Székesfehérvár – this innovative solution takes some burden off the shoulders of stores in the region. METRO is always...
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More products and lower prices from Húsház
Húsház Hungary Kft. had started a major investment project at the end of 2017: they built a cold storage warehouse. Being able to store more products means they can offer lower prices...
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Xixo is five years old
XIXO has become the leading iced tea brand in Hungary. HELL ENERGY Magyarország’s drink brand – the winner of several MagyarBrands and Superbrands prizes celebrates 5 years with a large-scale campaign...
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Her-Trade: fresh poultry from the company’s own processing plant
Her-Trade Kft. has been active since 1993 and it is a family business in Hungarian ownership. One of the company’s specialties is providing partners with fresh chicken and turkey products. István Schulcz, owner...
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Pin-up style energy drinks
June will bring a new, trendy energy drink product range to the shelves of hypermarkets and MOL petrol station shops: Skybaby has a pin-up style design and it is available...
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Borsodi’s three-year development plan
In the next three years Borsodi Brewery will modernise its bottling plant – the beer company announced at a press conference on 18 June. In the first stage the 28-year-old filling...
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Trade Marketing Spring
At the 26 April meeting of the Trade Marketing Club (TMC) Dóra Hajnal, client service director of Nielsen analysed the Hungarian FMCG market in a comprehensive fashion. She told that the...
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MLSZKSZ: the criteria of logistics funding schemes need to be modified
The Association of Hungarian Logistics Service Centres (MLSZKSZ) has asked the government to modify the criteria of logistics funding schemes, so that the industry will have the chance to remain...
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Tranzit expands with the help of foreign capital
Debrecen-based Tranzit Group has founded a company together with the LDC Group, one of the biggest poultry producers in Europe. The goal with this move is to help Tranzit’s market expansion...
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Vénusz introduces margarine with nuts
Vénusz has put a unique new margarine product on the market: it contains four different types of roasted nuts – sunflower seeds, pumpkin seeds, sesame seeds and linseeds. 180g Vénusz Margarine...
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