Market News
KSH: investments continued to grow in the second quarter
Date: 2017-08-31 11:35:35
The volume of investments grew by 26.8 percent in the second quarter, compared with the low base data for the same period of last year. The growth is due to...
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The harvest has begun in the Tokaj wine region
Date: 2017-08-31 11:32:56
Harvest came unusually early in the Tokaj wine region due to the warm, sunny summer; And this year aszú can be of the highest quality – the chairman of the...
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In online sales, the growing market already depends on the frequency of purchases
Date: 2017-08-31 11:30:56
Increasing internet shopping frequency is a bigger factor in market expansion than attracting new customers, and in the short term there is no expectation of new massive purchasing power layers...
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Ten years, and there will not be enough food
Date: 2017-08-31 11:28:00
Sara Menker, the founder of Gro Intelligence, a company dealing with agro-processing and agricultural development had an interesting presentation. At a TED conference she said that by 2027, the world...
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African swine fever has appeared near the Ukrainian-Hungarian border
Date: 2017-08-31 11:18:53
Ten animals died in African swine fever (ASP) on a pig farm in Tiszaújlak near the Ukrainian-Hungarian border on 28 August. An extraordinary meeting was held in Nagyszőlős with the...
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Moody’s: Good growth prospects for the world’s largest economies, but there are event risks
Date: 2017-08-31 11:07:36
The growth prospects for the world’s largest economic centers are particularly good for this year and for the next, although geopolitical risks, may heavily leverage regional credit market conditions especially...
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Inflation in the euro area has accelerated
Date: 2017-08-31 11:05:01
As a result of rising energy prices and rising services, the rate of inflation growth in the euro area accelerated in August, according to the preliminary data of Eurostat. The...
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Healthcare services fund cards are now accepted in dm stores too
Date: 2017-08-30 23:30:57
From mid-July customers can also pay with their healthcare services fund card in dm stores. The drugstore chain accepts the cards issued by the following funds: Medicina, MKB, OTP, Patika and...
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Gallicoop builds new packaging plant
Date: 2017-08-30 23:30:56
Szarvas-based turkey product manufacturer Gallicoop Zrt. is building a new packaging facility from a budget of HUF 1.65 billion. The new packaging plant will be up and running by the first half of...
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Áldomás products can now also be bought online
Date: 2017-08-30 23:30:55
Áldomás, Hungary’s premium quality collective food product brand has reached another milestone: the products can now be purchased online and the brand is also present in social media. At the moment 32...
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Green Brand award for Rossmann
Date: 2017-08-30 23:30:53
Rossmann’s two private label product lines, Alterra natural cosmetics and enerBIO organic food products, have won the Green Brand 2017/2018 award in Germany. This is the second time that Rossmann has...
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‘Mini’ Auchan in China
Date: 2017-08-30 23:30:53
Auchan has opened its first mini store in China. The 13m² shop is called Auchan Box, it sells 500 different products and it is open 24 hours a day, 7...
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Rural development is impossible without subsidies
Date: 2017-08-30 23:30:50
On 28 July the Hungarian Chamber of Agriculture (NAK) organised a roundtable discussion on the future of the agri-food sector at the Bálványos Summer Open University and Student Camp in...
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Energy buying tender for NAK members
Date: 2017-08-30 23:30:50
In the autumn of 2017 the Hungarian Chamber of Agriculture (NAK) will announce an electrical energy buying tender for members. Chamber members will have the chance to purchase electrical energy at...
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Hungarian farmers are actively shaping the Common Agricultural Policy
Date: 2017-08-30 23:30:50
Hungarian farmers were very active in the consultation process of the EU’s Common Agricultural Policy (CAP): Hungary sent the sixth most opinions for the draft reform of the CAP. It is noteworthy that almost...
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Tesco to stop selling eggs from cage-raised hens
Date: 2017-08-30 23:30:43
By 2025 Tesco will stop selling eggs from cage-raised hens. This is true for both private label and branded products. The well-being of animals is very important for the retailer, so in...
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Brewing company makes efforts for a greener world
Date: 2017-08-30 23:30:41
Since the start of their sustainability programme in 2010, HEINEKEN Hungária Zrt. has recycled 98 percent of the waste they produced, covered 22 percent of their energy use from renewable sources...
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Successful first half of the year for Heineken
Date: 2017-08-30 23:30:41
Thanks to the hot summer and growing demand for quality beer in the Asian market, Heineken products performed much better than expected in the first half of 2017. Profit increased...
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Successful programme for developing e-commerce
Date: 2017-08-30 23:30:38
The joint programme of Mastercard and BIG FISH, started in 2016, was very successful. Improving the online shopping experience was in the focus of the project. In the ‘E-commerce review’ programme 21...
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Their own KitKat for the Japanese
Date: 2017-08-30 23:30:37
Nestlé will build a new KitKat factory in Japan, to serve the growing demand for the product’s special versions (wasabi, green tea, etc.) that the Japanese love so much. Takuya...
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Industrial distributors are fighting for survival
Date: 2017-08-30 23:30:36
Results of the 2017 UPS Industrial Buying Dynamics survey show that the opportunities created by e-buying are changing the European industrial value chain, and traditional distribution companies must work very...
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Szatmári Malom builds new production facility and launches new products
Date: 2017-08-30 23:30:35
Szatmári Malom Kft. will start production in their fully modernised Szeged mill in September. From a several billion forint budget state-of-the-art technology has been installed, thanks to which the mill will be...
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2016 was the year of innovation and expansion for Auchan
Date: 2017-08-30 23:30:34
In 2016 Auchan Retail Hungary realised gross sales of HUF 350.4-billion with their 19 hypermarkets and 18 petrol stations. Sales increased by 3.8 percent and the company strengthened its positions...
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Henkel’s superb 2nd quarter
Date: 2017-08-30 23:30:33
In the 2nd quarter of 2017 Henkel came up with a record performance: sales amounted to EUR 5,098 million and like-for-like nominal growth was 9.6 percent. Organic sales growth was 2.2...
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New stores in Romania
Date: 2017-08-30 23:30:33
Kaufland Romania is testing a new concept, while Profi is planning to open new stores in Romania. Kaufland opened a kind of ‘open’ shopping centre in Bucharest: in the building...
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Two gold stars for Gyulahús
Date: 2017-08-30 23:30:29
Gyulahús Kft.’s successful innovations have been rewarded with two gold stars by the Brussels-based International Taste and Quality Institute: in 2015 Gyula sausage won, in 2016 Gyula salami earned two...
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Hungary might become the distribution centre for China’s container trade
Date: 2017-08-30 23:30:26
In the last few months three Hungarian companies started railway container trading between China and Hungary. So far nearly 40 trains and approximately 1,400 containers have arrived at Hungary from...
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Penny Market signs 3-year sponsorship deal with FTC
Date: 2017-08-30 23:30:26
Penny Market Kft., FTC Football Zrt. and Lagardere Sports Hungary Kft. (the company that operates the football club’s stadium, Groupama Aréna) have announced at a press conference in Groupama Aréna that the...
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Let’s show shoppers that world-class products are made in Hungary!
Date: 2017-08-30 23:30:23
Eszter Benedek, managing director of HUNGARIAN PRODUCT Nonprofit Kft. is of the opinion that Hungarian product manufacturers need to join forces and show consumers that the Hungarian food industry makes...
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