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GfK: the regional differences between the incomes spent on food are considerably smaller than the general difference
Date: 2017-12-01 20:00:42

Some factors have a fundamental influence on the performance of retail chains: location, the performance of workers, floor space, product selection, the competitive situation and purchasing power. GfK analyses the...

Retail sales up 5.6 percent
Date: 2017-12-01 19:56:13

In October 2017 like-for-like retail volume sales augmented by 5.6 percent; adjusted for calendar effects, the sales growth was 6.2 percent – reported the Central Statistical Office (KSH). In January-September...

Food prices increased by more than 3 percent
Date: 2017-12-01 19:46:51

In October 2017 consumer prices were 2.2 percent higher than in October 2016. Food prices increased by 3.3 percent. The price of cheese grew by 8.1 percent, pork’s price was...

Lasting economic power
Date: 2017-12-01 19:23:48

According to Péter Sebesta, president of the Association of Hungarian Deep-freezing and Canning Industry (MHKSZ), with its HUF 160-170 billion output the sector contributes about 10 percent of the Hungarian...

GKI’s economic confidence index approaches a record level again
Date: 2017-12-01 19:15:19

In November GKI’s economic confidence index neared its historic peak of September. In the business sphere the industry was the only segment where the confidence index didn’t rise. Willingness to...

A flour-sensitive industry
Date: 2017-12-01 19:09:59

According to Zsófia Pótsa, general secretary of the Hungarian Grain and Seed Association (MGTKSZ), the Hungarian milling industry processes less than 1.2 million tons of wheat a year. Just in comparison:...

For the future
Date: 2017-12-01 19:01:01

In the last few years ecological farming was developing fast in Hungary. Dr Péter Roszík, vice president of the Hungarian Biocontrol Association told our magazine that their mission is to represent...

Dairy market turns from supply-driven to demand-driven
Date: 2017-12-01 18:52:56

Zoltán Harcz, managing director of the Dairy Board informed us that the number of dairy cows increased by 1 percent in 2017. Milk production had been growing at the beginning of...

More funding available in the fishing industry
Date: 2017-12-01 18:33:34

Ferenc Lévai, member of the presidency of the Hungarian Aquaculture and Fisheries Interbranch Organisation and CEO of Aranyponty Zrt. told: in 2016 fish was cultivated in lakes covering an area of...

Black Friday in Germany
Date: 2017-12-01 18:12:49

According to the calculations of the German Retail Federation, the Black Friday and the Cyber Monday that followed resulted in EUR 1.7 billion worth of extra sales....

The poultry industry is booming again
Date: 2017-12-01 17:57:15

Dr Attila Csorbai, president and managing director of the Hungarian Poultry Product Board informed that because of the bird flu more than 3 million chickens, ducks, turkeys and geese had...

Italian wines in Russia
Date: 2017-12-01 17:35:31

Demand for Italian wines is growing rapidly in Russia. In the first eight months of 2017 sales soared by 45.6 percent. This year Russia became the sixth biggest market for...

The state of play in the meat industry
Date: 2017-12-01 17:29:48

Edit Menczel, secretary of the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) revealed that production prices in the pig sector grew in 2017, because of which processing companies...

Less for more
Date: 2017-12-01 17:24:05

In the first nine months of the year Parmalat’s sales grew by 5.5 percent and the company closed the first three quarters with USD 4.839 billion revenue. However, volume sales...

Premium beers sell well
Date: 2017-12-01 17:20:03

Although total sales of Carlsberg decreased by 4 percent in the 3rd quarter, the category of premium beers did very well. Volume sales of Tuborg were up 5 percent, Carlsberg’s...

Southern expansion
Date: 2017-12-01 17:17:57

In 2017 SPAR invested approximately EUR 50 million in Croatia. The CEO of Spar Hrvatska stressed that the investments would continue in 2018. At the moment the retail chain has...

Tesco to sell nearly 8,500 tons of apples this year
Date: 2017-12-01 16:54:43

This year Tesco is expected to sell 8,500 tons from 14 types of apple. Almost 90 percent of the apples sold in Tesco stores are supplied by growers from Szabolcs-Szatmár-Bereg and...

Coupons on mobile
Date: 2017-12-01 16:50:39

Mastercard launched the Priceless Specials programme in June 2015. It is now also available in the form of a mobile app. The app makes it possible to check it in...

New version of NAK’s smartphone app launched
Date: 2017-12-01 16:41:44

As a result of the first phase of the NAK APP 2.0 project, the services which were formerly only available on the NAK website can now also be used on...

Magosz wins chamber elections
Date: 2017-12-01 16:32:39

At the end of November the members of the Hungarian Chamber of Agriculture (NAK) were voting: from the approximately 360,000 NAK members 47,696 turned up. No less than 88.3 percent...

The year of breaking records
Date: 2017-12-01 14:52:26

From many points of view, this year was about breaking records in Hungary: the consumer confidence index reached the level where it had been before the recession – 76 points...

Nielsen: chocolate Santa Clauses brought the two-thirds of the turnover
Date: 2017-12-01 11:59:26

Chocolates are the biggest favorites of the Christmas holiday season: over 400 million tonnes ie over eight million was sold in October-December 2016, according to the 90 food category of...

KSH: foreign trade surplus was 937 million euros in September
Date: 2017-12-01 11:40:47

In September, the value of exports increased by 5.6, while imports increased by 6.7 percent compared to a year before. Foreign trade sales amounted to 937 million euros, 28 million...

Retail giants sign strategic agreement in China
Date: 2017-12-01 11:33:23

Alibaba Group Holding Limited, Auchan Retail S.A. and Ruentex Group have signed a strategic agreement: they decided to share the experience they have in traditional (offline) and digital (online) retail, in...

This year’s Lidl cookbook published
Date: 2017-12-01 11:25:55

‘A Flavour Trip around Hungary’ is the title of Lidl Hungary’s third cookbook. Zsófi Mautner and Tamás Széll wrote the book, which introduces the traditional and modern sides of Hungarian gastronomy. Lidl...

FM: winemakers no need to issue a stock report in December in the future
Date: 2017-12-01 11:14:36

According to the new excise law that entered into force this year, winemakers do not have to prepare the December stock report – Gál Péter, deputy minister of state of...

Exim expects to lend to half of Hungarian exporting companies by 2021
Date: 2017-12-01 11:13:40

In its medium-term strategy, Eximbank has set itself the goal of achieving half of the Hungarian export companies with its products by 2021, Urbán Zoltán, Chief Financial Officer said on...

A growth in the November Purchasing Manager Index
Date: 2017-12-01 11:12:49

The seasonally adjusted Purchasing Manager Index (BMI) for November was 58.6 points, slightly more than the 58.3 points of September. Compared with previous Novembers, this year’s value exceeds the long-term...

This year, Nébih imposed more than 8 million HUF fish protection fines
Date: 2017-12-01 11:03:37

This year, as compared to last year, the amount of fishery fines imposed by the State Fishery Service (ÁHSZ) on illegal fishing increased by 8 percent. The number of fines...

FM: The ornamental plant sector’s turnover exceeds 120 billion HUF annually
Date: 2017-12-01 11:00:44

The ornamental plant sector’s revenue exceeds 120 billion forints annually and provides the livelihood of almost 25 thousand families – Nagy István, the Parliamentary Minister of State of the Ministry...

Oldal

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GfK: the regional differences between the incomes spent on food are considerably smaller than the general difference Date: 2017-12-01 20:00:42

Retail sales up 5.6 percent Date: 2017-12-01 19:56:13

Food prices increased by more than 3 percent Date: 2017-12-01 19:46:51

Lasting economic power Date: 2017-12-01 19:23:48

GKI’s economic confidence index approaches a record level again Date: 2017-12-01 19:15:19

A flour-sensitive industry Date: 2017-12-01 19:09:59

For the future Date: 2017-12-01 19:01:01

Dairy market turns from supply-driven to demand-driven Date: 2017-12-01 18:52:56

More funding available in the fishing industry Date: 2017-12-01 18:33:34

Black Friday in Germany Date: 2017-12-01 18:12:49

The poultry industry is booming again Date: 2017-12-01 17:57:15

Italian wines in Russia Date: 2017-12-01 17:35:31

The state of play in the meat industry Date: 2017-12-01 17:29:48

Less for more Date: 2017-12-01 17:24:05

Premium beers sell well Date: 2017-12-01 17:20:03

Southern expansion Date: 2017-12-01 17:17:57

Tesco to sell nearly 8,500 tons of apples this year Date: 2017-12-01 16:54:43

Coupons on mobile Date: 2017-12-01 16:50:39

New version of NAK’s smartphone app launched Date: 2017-12-01 16:41:44

Magosz wins chamber elections Date: 2017-12-01 16:32:39

The year of breaking records Date: 2017-12-01 14:52:26

Nielsen: chocolate Santa Clauses brought the two-thirds of the turnover Date: 2017-12-01 11:59:26

KSH: foreign trade surplus was 937 million euros in September Date: 2017-12-01 11:40:47

Retail giants sign strategic agreement in China Date: 2017-12-01 11:33:23

This year’s Lidl cookbook published Date: 2017-12-01 11:25:55

FM: winemakers no need to issue a stock report in December in the future Date: 2017-12-01 11:14:36

Exim expects to lend to half of Hungarian exporting companies by 2021 Date: 2017-12-01 11:13:40

A growth in the November Purchasing Manager Index Date: 2017-12-01 11:12:49

This year, Nébih imposed more than 8 million HUF fish protection fines Date: 2017-12-01 11:03:37

FM: The ornamental plant sector’s turnover exceeds 120 billion HUF annually Date: 2017-12-01 11:00:44