Market News

The European Soy Declaration was presented in the European Parliament

Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) and a representative of the German agricultural ministry presented the European Soy Declaration at the meeting of the...

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The Hungarian Development Center helps applicants to acquire EU funds

The Hungarian Development Center, helps Hungarian applicants to successfully take part in the acquisition of EU funds directly from Brussels with coordination and operational information – Kiss Antal ministerial commissioner...

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FM: The Hungarian-Vietnamese agro-industrial cooperation is deepening

There is a strong Vietnamese interest in Hungarian agricultural machinery. The cooperation between the two countries is intensifying in the area of poultry farming and food security – Fazekas Sándor...

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The police found almost one and a half tons of leaf tobacco in Nyíregyháza

Almost one and a half tons of leaf tobacco were found on a property in Nyiregyháza on Monday – the Szabolcs-Szatmár-Bereg County Police Headquarters announced on the police website on...

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Major growth in the Hungarian cloud computing market

This year up to USD 1.15 billion may be spent on public cloud computing services in Central and Eastern Europe – according to a forecast by IDC. This would constitute...

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KSH: 7.2 million tons of grain cereals were produced this year

This year, 8.7 percent less, 7.2 million tons of grain cereals were produced in a 10 percent smaller area, compared to last year – the Central Statistical Office (KSH) announced...

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NGM: the growth of retail sales lasts for more than four years

The growth of retail sales lasts for more than four years, for 49 months – Pomázi Gyula, the Deputy Minister of State of the Ministry of National Economy (NGM) told...

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The GKI prosperity index reached another peak in September

In September, the GKI prosperity index continued to grow, including the business confidence index; consumer expectations have slightly deteriorated, but they still show strong optimism – the GKI Economic Research...

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Resinous types of fruit can be produced without the need of genetic modification according to the expert

Due to the development of biotechnology, resistant genes can be produced without genetic modification. Because of the appearance of previously unknown pathogens, there is a need for new breeds –...

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A new type of dietary supplement family is being developed in Győr

A new type of dietary supplement containing herbs is being developed in Győr. Research and development costs amount to 856.5 million HUF, of which about 510 million HUF are provided...

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Consumer confidence in the euro area has reached its sixteen-year peak in September

Instead of the expected stagnation, consumer confidence in the euro area has reached its sixteen-year peak in September, according to a preliminary estimate published by the European Commission on Thursday....

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Hungary’s only duty free zone was established in Záhony

The Association of Hungarian Logistics Service Centers (MLSZKSZ) welcomes that the Ministry of National Economy (NGM) designated a 17,400 square meter duty free zone in Záhony’s Free Business Zone. As...

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A product is considered creditable based on customer opinion

Sorry, this entry is only available in HU....

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Scitec named European dietary supplement manufacturer of the year

Bodybuilding.com, the biggest online fitness retailer in the world, has voted that Scitec Nutrition is the best dietary supplement maker and distributor brand in Europe. The products of Budapest-based Scitec are...

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Coca-Cola’s autumn campaign with Enikő Mihalik and friends

Once again beautiful Hungarian fashion model Enikő Mihalik will be the face of Coca-­Cola’s campaign. The celebrity and her model colleagues will be drinking Coca-­Cola zero in photos – with Budapest...

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Trips, accommodation and flight tickets can be booked at ALDI Hungary

ALDI Hungary has announced that they will add travel and accommodation services to their portfolio: under the ALDI Travel brand name, they will sell the products of Eurotours International in...

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Spar in support of community life

Next to the Interspar shopping centre that had opened in the Parkváros quarter of Érd this spring, a new Community and Event Centre opened on 7 September. Spar Hungary invested HUF...

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SPAR motivates for a lifestyle change

The objective of the SPAR Lifestyle Change Programme is to convince as many people as possible about the necessity of doing sports and eating consciously. It was on 18 September that...

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Once again: Szentkirályi Talent Programme

Szentkirályi Talent Programme continues this year. Szentkirályi-Kékkúti Mineral Water Kft. started the programme last year to search for talented 14-18 year old athletes. In cooperation with the Hungarian Olympic Committee (MOB), the HUF...

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First Auchan supermarket opens in Szekszárd

On 2 September Auchan Retail Magyarország opened their first Hungarian supermarket in Szekszárd. Mayor Rezső Ács and Auchan Hungary CEO Dominique Ducoux cut the supermarket’s ceremonial ribbon. The CEO told that opening...

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Coca-Cola HB still leads the way in sustainability

Coca-Cola HBC Group, one of The Coca-Cola Company’s top bottling companies made it to the top of the Dow Jones Sustainability Index in the fourth consecutive year. The company’s score was 90 points...

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COOP leaders receive the Hungarian Gold Cross of Merit

On behalf of the President of Hungary János Áder, on 20 August Minister for National Economy Mihály Varga decorated the following COOP leaders with the Hungarian Gold Cross of Merit:...

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Hungarian chocolate among the world’s top 50 foods

The winners of the TOP50 FOODS prize were announced at this year’s Great Taste Award competition in London. Among them we can find chocoMe’s coffee-hazelnut chocolate called Raffinée. Hungarian product has never...

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Extra hot flavours, extra high level of dedication

This year Gyulahús Kft. won the Hungarian Product Grand Prize for the 12th time – this time for their Gyulai extra hot sausage – we learned from marketing manager Éva Gila. This...

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Establishing traditions with chocolate

Elemér Farkas, the founder of the Chocolate Museum informed that the museum is waiting for visitors with two types of interactive exhibitions in Budapest: The Praline Tour offers tasting and...

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Coca-Cola’s good performance in Europe

In the first half of 2017 the sales revenue of Coca-Cola European Partners was USD 5.4 billion. Volume sales were up 3 percent and operating profit jumped 14 percent to...

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Henkel’s improving sales

In the 2nd quarter of 2017 profits jumped 11 percent for Henkel. Like-for-like sales were up 9.6 percent at EUR 5.1 billion. CEO Hans Van Bylen told: organic growth was 5.2...

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Rio Mare’s manufacturer keeps growing

Italian consumer goods manufacturer Bolton Group increased sales by 11.6 percent to EUR 1.96 billion in 2016. The company’s profit grew by 9.9 percent to EUR 210.8 million. International sales...

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Ten times bigger sales in five years for Lidl in Croatia

While back in 2007 Lidl’s sales had been EUR 103.5 million, by 2017 this sum grew to EUR 540 million. A FINA analysis has revealed that Lidl was one of...

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Bad weather hits Italian winemakers

According to forecasts, 25 percent less wine will be made in Italy this year than last year. 41.1 million hectolitres of new wine will end up in the barrels. The...

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