Market News
From Hungary to our homes
On 1 August the Hungarian Chamber of Agriculture (NAK) started a billboard and city light campaign to promote their ‘From Hungary to our homes’ programme. A Facebook page also exists with...
Read moreRussian-size growth
Sales of X5, the biggest retail chain in Russia, increased by 27.7 percent in the 2nd quarter of 2017. Actual sales only augmented by 2 percent, but last year the...
Read moreHungary’s second biggest pasta factory built in Tiszakécske
Balogh Tészta Zrt.’s new production facility has been inaugurated in Tiszakécske. In the first phase the 8,500m² factory will produce and pack 2,250kg of pasta per hour. The development cost HUF 2.7...
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Great sales growth for Beiersdorf
In the first half of the year Nivea’s manufacturer reported a 3.3-percent organic sales growth. Beiersdorf’s sales amounted to EUR 3.51 billion and the nominal growth was 4.6 percent. In...
Read moreHeidi Klum teams up with Lidl
Heidi Klum has designed a clothing line for Lidl. It is called ‘Esmara by Heidi Klum’ and will debut with the title ‘Heidi & The City’ at the New York Fashion...
Read moreINTERSPAR store modernised in Tatabánya
From a budget of more than HUF 2.5 billion SPAR Hungary modernises its INTERSPAR store in Tatabánya. Shoppers can return to the revamped hypermarket in early December. The modernised building will utilise...
Read moreHungarian National Trading House supports Sepsiszentgyörgy bakery
Sepsiszentgyörgy-based Diószegi Bakery has signed a strategic cooperation agreement with the Hungarian National Trading House (MNKH). The main goal of the agreement is to help the baking company acquire new markets...
Read moreNissin Foods: factory extension in Kecskemét
Early July Japanese instant food company Nissin Foods Kft. completed the EUR 33-million extension project of their production facility in Kecskemét. Koki Ando, the CEO of Nissin Foods Holding Co. Ltd. told at the...
Read moreCheaper hygiene products in the UK
Tesco will reduce the prices of women’s hygiene products in the UK. The retailer is going to cut the price of tampons, sanitary pads and similar products by 5 percent...
Read moreNádudvari Food’s expansion
Nádudvari Food Kft. was granted a HUF 553 million funding for their HUF 1.1-billion development project to modernise and expand their meat processing plant. The meat factory was extended and new production...
Read moreNew organic products from San Benedetto
San Benedetto has launched a new product line. 0.4-litre Organic Bio fruit drinks are available in apple, apricot and pear flavours; 0.5-litre Energade Bio sports drinks contain only organic sugar...
Read moreAmbitious plans from Lavazza
Italian coffee company Lavazza wants to increase sales to EUR 2.2 billion by 2020. CEO Antonio Baravalle told that they will do many acquisitions to achieve this goal. Last year...
Read moreTesco supports food banks at a European level
Tesco supports the Hungarian Food Bank Association with more than HUF 7.7 million worth of donations. As part of the retailer’s Europe-wide initiative, 1 percent of sales from products involved in...
Read morePrestigious international recognition for Óvatos Duhaj
At this year’s International Beer Challenge Soproni Brewery’s Óvatos Duhaj IPA, an unfiltered ale that is brewed with top-fermenting yeast, won a bronze medal in the ‘flavour’ category. Senior brand manager...
Read moreHELL Group starts production in Hungary’s first aluminium drink can factory
On 30 June QUALITY PACK Zrt. – a member of HELL Group – started production in Hungary’s first aluminium drink can factory in Szikszó. The production facility is the result of a...
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Latest news
Cooperation at a European level The European representatives of the grape and wine sector disapprove of the European Commission’s study on the new wine labelling regulation. Lobby organisations CEEV, Copa-Cogeca,...
Read moreHEINEKEN Hungária brews the Fradi beer
From August HEINEKEN Hungária makes the official beer of football club Ferencváros. Fradi beer returns to the club’s online shops, CBA stores and 1,000 retailer partners of the brewery in bottle...
Read moreMAF: more responsibility should be taken
A study conducted by the Hungarian Donors Forum (MAF) and IMEDIA Kft. has revealed that more and more Hungarian companies start CSR projects, but these activities are still implemented in...
Read moreAnastacia designs clothes for ALDI
US singer Anastacia has designed an exciting collection of clothes for ALDI. From 14 September these special fashion items will be available in all Hungarian ALDI stores. The singer has told: the...
Read moreLarge growth from Bonduelle
In the 2016-2017 fiscal year Bonduelle reported a 2.7-percent organic sales growth, with value sales reaching EUR 2,288 million. 55.8 percent of total sales is realised in Europe and the...
Read moreBPW Hungária invests in technological development to increase production capacity
Industrial and agricultural vehicle manufacturer BPW Hungária Kft. wishes to increase its production capacity by investing in production technology. Since 1996 the company’s agricultural vehicle section has been manufacturing in Szombathely. This year...
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Changes in the food book, new trademarks are about to be introduced
Conscious consumer behaviour can play a vital role in battling food products of lower quality; therefore the government has decided to launch an education campaign and to introduce new trademarks. Róbert...
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GfK: more shoppers have started buying multilayer household paper products
Toilet paper: the buyer base of 1-ply products has contracted, in 2016 less than 9 percent of households purchased them. Fewer families bought the 2-ply category as well, but it is still...
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More and more new OTC products
According to Boglárka Dezse, marketing leader of Béres Gyógyszergyár Zrt., the market of OTC drugs (products that can be bought without a prescription) and dietary supplements transformed considerably in recent...
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Slaughter pig prices at a peak
In June 2017 agricultural production prices increased by 2.5 percent from the level of June 2016 – reported the Central Statistical Office (KSH). This rise was the result of the...
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Retail was flying high in June
In June 2017 like-for-like retail volume sales augmented by 5.5 percent; adjusted for calendar effects, the sales growth was 6 percent – reported the Central Statistical Office (KSH). Food and...
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Advances from EU funding are now paid sooner
According to GKI Economic Research Zrt., Hungary’s economy grew faster than expected in the 1st quarter of 2017. This growth slowed down a little in April but speeded up again...
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Beef’s price is rising slowly
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 27th week of 2017 eggs cost EUR 1.16 at the place...
Read moreFM: The Hungarian vine and wine sector is in a moment of impetus
The Hungarian vine and wine sector is under development, which is also supported by the fact that the Hungarian exports of wine was 26 percent more in volume and 18...
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Fazekas: the effect of eastern opening can be detected in agricultural exports
The impact of eastern opening can be detected in agricultural exports. For example the exports of pork to China have expanded to one and a half and the Far Eastern...
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