News and articles
Acquisition of PepsiCo’s Hungarian affiliate gets the green light
In January 2018 Karlovarské minerální vody (KMV) announced the acquisition of PepsiCo affiliates in Hungary, the Czech Republic and Slovakia. In Hungary Szentkirályi-Kékkúti Mineral Water Kft. has realised the transaction. At the end...
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Wine trading surplus
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that Hungary’s live pig export fell 14 percent in the first quarter of 2018....
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The Agrarian Chamber and the food processors are calling for reconciliation on the public health product tax
The National Chamber of Agriculture (NAK) and the National Federation of Food Processors (ÉFOSZ) initiate a technical consultation because they know that there is a change in the legislation on...
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FruitVeB: less and less raspberries grow every year
Hungarian raspberry production is decreasing year after year. This year less than a thousand tons of raspberries will be harvested from 200 hectares of cultivated land, only half of which...
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(HU) Finanszírozási megoldások a feldolgozószektor számára
Sorry, this entry is only available in HU....
Read moreGrowth in McDonald’s sales and earnings in Hungary last year
The turnover of the McDonald’s Magyarországi Étterem Hálózat Kft. (McDonald’s Restaurant Network Ltd. in Hungary) became 27.62 billion HUF last year, which is a 3.91 billion HUF increase, compared to...
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Ilcsi is 60 years old
60 years ago, on 19 June 1958 Molnár Dánielné (known as Aunt Ilcsi) beautician began her career and the creation of professional natural cosmetic products. She has built up a...
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Hungarians learn new professions for good salary and for hobby
From year to year, the number of adults who sit back to school and learn a new professions is growing. Currently several thousands of people are involved in these type...
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Adidas can build on Russian successes
In addition to the Spanish and Brazilian national teams, Adidas has also victory hopes for the World Cup, as one of the main sponsors of the event it will be...
Read moreLondon analysts: it may cost a thousand pounds per household if the EU duty-free status ceases
London’s financial analysts say that if, after the expiration of the British EU membership, customs duties appear in the UK’s and the European Union’s total duty-free trade it will cost...
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Primary school students can learn about diabetes next year
Next year, students, teachers and the parents of children can gain comprehensive knowledge of diabetes in the KiDS program, which is initiated by the International Diabetes Association, primarily aimed at...
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Magazine: Winners received the ‘Most successful promotion of the year’ award
The ‘Most successful promotion of the year’ awards were presented for the 10th time. On 19 April 2018 the venue was Boscolo Hotel Róma in Budapest, where the organiser Trade magazin’s...
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Pannontej opens a manufacturing and research center
The Pannontej Zrt., Hungary’s leading cheese making and trading company doubles the production capacity of its plant in Veszprém. The company creates one of its biggest global innovation and development...
Read moreTesco has performed well in the first business quarter
Tesco’s Group-level sales continued to grow in the first quarter of the 2018-2019 financial year, but Central European sales declined in spite of strong performance in Hungary, primarily due to...
Read moreHungary’s youngest brewery expects a strong summer
Three hundred and sixty million mugs of beer. The Borsodi Brewery factory in Bőcs produces the same amount ie 1.8 million hectoliters of high quality beer on an annual basis...
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The taste of Dolce vita
The Cheese-It’s Europe program, whose Hungarian campaign is titled Dolce Vita’s taste, was launched by the European Commission and the Italian Ministry of Agriculture three years ago in 2016, and...
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Coca-Cola has expanded its capacity in Zalaszentgrót from nearly two billion HUF
Coca-Cola HBC Magyarország, which launched the bottling of a new premium product, the “smart water” expanded its production plant’s capacity in Zalaszentgrót from about 1.8 billion forints – the company...
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More than 300 pálinkas were sent to the Best Pálinka of 2018 competition
The Best Pálinka of 2018 and its producer will be announced on 28 June in the House of Parliament. For this year’s National Pálinka and Törköly Pálinka contest, 48 pálinka...
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One can sign up in NAV’s Online Account system
One must register for the mandatory billing service from 1 July who issues a minimum of 100,000 HUF VAT invoices for domestic taxpayers, either by billing or with billing program....
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Free trade negotiations have started between Australia and the EU
The free trade negotiations between the European Union and Australia were officially launched. Malcolm Turnbull Australian Prime Minister, Australian Trade Minister Steven Ciobo and Cecilia Malmström, member of the European...
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The Red Bull Air Race arrives to Budapest again this weekend
On Saturday and Sunday the regular Red Bull Air Race world championship series will be held in Budapest. In the press conference of the Red Bull Air Race, Gyulay Zsolt,...
Read moreWe can expect moderate wheat yield
Despite the rain, wheat growers expect moderate crops, but there will be huge fluctuations: there will be very excellent and very poor yields – Világgazdaság Online wrote. World market prices,...
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Magazine: How did the most valuable FMCG brands start 2018?
Neticle is a system that collects the occasions when brands are mentioned online and in social media, and analyses the opinions automatically. Relying on this, Neticle ranks brands according to the...
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Nielsen: companies in Central Europe generously support sports
In 2018 alone, the companies wil spend 355-365 million USD for sports and festival sponsorships in Hungary Poland and the Czech Republic according to the Nielsen Sports research. Ninety percent...
Read moreMilk Truck in Tesco’s parking lot in Budaörs
On June 18, the Milk Truck of the Milk Interprofessional Organization and Product Council arrives to its last stop. The roadshow called “The Way of Milk”, consisting of 80 stations...
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The Chamber of Commerce urges the extension of the reverse VAT payment
The National Chamber of Agriculture (NAK) urges the extension of the reverse VAT payment system for cereals and certain oil crops. The current system will expire on 31 December 2018....
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Mars became Europe’s second best workplace
It was announced at the Great Place To Work® awards ceremony in Athens on 14 June that Mars has become the second best multinational workplace in Europe. Mars was awarded...
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Dietetics: 76 percent of children are aware of how much milk they should consume
According to last year’s survey, 76 percent of children are aware of the amount of milk and dairy products they should consume, but only half the amount needed is consumed...
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The Ficsak launches a campaign to promote healthy nutrition
The Young Family Club (Ficsak) and the KidsOasis Nonprofit Ltd. launched the Health Eaters – It is Good to Cook Together! campaign for families prefer cooking and healthy eating in...
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