Market News
NESQUIK cocoa powder launched in recyclable packaging
On 4 March Nestlé announced the launch of cocoa powder NESQUIK All Natural, which only contains five natural ingredients. What is more, the product – that is made in Szerencs...
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Lidl: focusing on health consciousness
Lidl will cut the salt and sugar content of private label products by 20 percenrt until 2025. In order to raise awareness of the discount supermarket chain’s healthe efforts, on...
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Top quality pork products on store shelves
The Bonafarm Group announced in a press release on 19 March that as result of many years of development work, the products that leave the Mohács abattoir – a strategic...
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New meat products in the spirit of purity
Hungarian Lidl stores have started selling a new, additive-, colouring- and preservative-free meat product range. The 12 Pikok Pure products are characterised by very high, 94-percent meat content and they...
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Alpro products in Danone’s portfolio
This year Danone starts distributing Alpro products in Hungary – Alpro offers plant-based drinks and foods. The Danone Group acquired US company WhiteWave, the manufacturer of Alpro, in April 2017....
Read moreOKSZ expects the revival of retail in March
Consumption growth will start in March: the more than 800 billion HUF retail sales of January will be exceeded with at least 100 billion HUF in March – Vámos György,...
Read moreKSH: consumer prices increased by 3.1 percent in February
In February, consumer prices were on average 3.1 percent higher than a year before, while the market expected 2.9 percent – the Central Statistical Office (KSH) announced on Friday. Within...
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More than 17,000 people have already signed the petition of Magosz and the Chamber of Agriculture
More than 17,000 people have signed the petition of the National Agricultural Chamber (NAK) and the Association of Hungarian Farmers (Magosz) to raise awareness of the European Union’s Common Agricultural...
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Nébih’s campaign promotes responsible animal husbandry
Responsible animal husbandry is promoted in the campaign of the National Food Chain Safety Agency (Nébih) – Pallós László, National Chief Inspector of Animal Protection at Nébih told M1 news...
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The European Investment Bank Group financed the developments in Hungary last year with 891 million euros
The European Investment Bank Group (EIB) financed the developments in Hungary last year with 891 million euros – Vice President of EIB said at a press conference in Budapest. Vazil...
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Nearly every third Hungarian company has female managers
On March 8th, today, we surprise our female acquaintances with flowers, chocolates and compliments, although this was originally the day of the women’s equality and free movement movement. Since then,...
Read moreRetail sales in Romania grew by 6.6 percent in January
In January, the volume of retail sales increased by 6.6 percent compared to the same period of the previous year – the Romanian National Statistical Institute announced on Tuesday. According...
Read moreThe volume of air freight has decreased, air passenger traffic has grown above average
According to the International Air Transport Association (IATA), air freight has reached a three-year low since the sector’s performance in January dropped by nearly 2 percent, compared to the previous...
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Magazine: With us or without us
The popularity of franchises is growing rapidly in Hungary. Katalin Mandel, general secretary of the Hungarian Franchise Association told our magazine that approximately 25-30 percent of franchise networks active in...
Read moreAnalysts: retail performed surprisingly well in January
Analysts interwieved by MTI were surprised by the growth rate of retail sales in January, but they do not count a trend change after the previous fluctuating data. This year,...
Read moreInnovation on the Hungarian Beer Market
From March, a new bridge opens that will connect the beers of small breweries and beer lovers: the Beerbox arrives to reform the sales side of the beer market. Beerbox...
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The government is helping the success of the horticultural sector
The government will do its utmost to ensure that the agricultural sector and horticulture in this area can be successful – the Minister of State of the Ministry of Agriculture...
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Chamber information forums also help the producer cooperations
The National Chamber of Agricultural Economics organizes information events to assist producer cooperations in four regions of the country. Farmers working in cooperations or interested in it are awaited for...
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Cooperation agreement was signed between the Public Procurement Authority and Nébih
The Public Procurement Authority (KH) and the National Food Chain Safety Agency (Nébih) have entered into a cooperation agreement – the Public Procurement Authority told MTI. Under an indefinite agreement,...
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Euro area’s GDP growth is on a four-year low in the fourth quarter
Economic growth in the euro area fell to a four-year low in the fourth quarter of last year, according to the final figures of the European Union Statistical Office, Eurostat,...
Read moreThe corporate acquisition market increased by 2.5 percent last year
Globally, 8166 medium-sized Merger & Acquisition (M&A) transactions were carried out last year, which is 2.5 percent more than in the previous year. The total value of transactions was 719...
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The service centers are undergoing a massive transformation
Nearly half of the shared services center (SSC) continues to operate on the basis of a booming, obsolete business model created at the beginning of the 2000s, while the experiences...
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Magazine: 2019 can be the year of hair styling
Unilever Magyarország Kft. launched the Love Beauty & Planet brand at the end of 2018. The exclusive premium brand is present in three categories – from these hair care is...
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The Széchenyi Capital Fund Management Company invests seventy billion forints in Hungarian SMEs
The 100 percent state-owned state-owned company operating under the strategic direction of the Ministry of Finance, places nearly 70 billion forints for Hungarian small and medium-sized enterprises through its five...
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Nébih launched an Information site on product recalls
The National Food Chain Safety Office (Nébih) launched a new thematic sub-page on which the population can get information on recalled foods – the Ministry of Agriculture (AM) told MTI...
Read morePwC: the majority of corporate executives expects revenue increase this year
The vast majority of the domestic companies are expecting revenue growth this year, but they still worry about a higher proportion of labor shortages, according to a survey conducted by...
Read moreKKM: The Chamber is a strategic partner in export development
The Hungarian Chamber of Commerce and Industry (MKIK) is a strategic partner in the development of Hungarian exports – Joó István, Deputy Minister of State of the Ministry of Foreign...
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Mushrooms growers can build foil tents easier
The establishment of mushroom foil tents has become easier after the legislative amendment initiated by the National Chamber of Agricultural Economics (NAK) – the Chamber told MTI on Tuesday. The...
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Conscious eating tips from smartwater
We barely got out of our winter dream and the first quarter of the year passed. Spring can also cause guilt, in addition to prolonged days and warming sunbeams. Immerse...
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