Market News

Bad weather hits Italian winemakers
Date: 2017-09-23 16:54:27

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...

Amazon’s price war with Walmart
Date: 2017-09-23 16:52:03

In June Amazon acquired premium category food retailer Whole Foods. However, this step didn’t result in outperforming Walmart. An analysis by Bloomberg points it out that more than half of...

Pernod Ricard getting stronger
Date: 2017-09-23 16:49:56

Jameson’s manufacturer Pernod Ricard is forecasted to increase sales by 3.6 percent to more than EUR 9 million in 2017. The company’s organic growth will be 3.3 percent. CEO Alexander...

Spar’s success in Central Europe
Date: 2017-09-23 16:47:34

Spar opened 4 stores in Poland, in the autumn another 4 shop will start and in September a Eurospar supermarket opened in Kokoszyce. This year Spar appeared with 21 new...

Metro’s good 3rd quarter
Date: 2017-09-23 16:45:39

German company Metro AG closed the 3rd quarter of 2017 with a 2.6-percent sales growth and a EUR 9.34-billion sales revenue. Member of the board of directors Olaf Koch told: in...

Auchan’s excellent performance
Date: 2017-09-23 16:43:00

Auchan Retail’s parent company, Auchan Holding realised a record 2.1-percent growth in the first half of 2017 – sales revenue was EUR 26.5 million. Auchan Retail’s growth was also 2.1...

The first international retail chain in Belarus
Date: 2017-09-23 16:40:51

Spar International has announced that by the end of 2020 they will open 60 stores in Belarus. Spar teams up with local group Almi, which has 43 shops at the...

Europe’s top retail chains
Date: 2017-09-23 16:37:17

According to data from Euromonitor International, Western Europe’s leading retail chain is the German company Schwarz Group, the owner of Lidl and Kaufland. The survey examined retailers’ market share in...

Hegedűs-Hús expands production plant
Date: 2017-09-23 15:12:45

By investing more than HUF 200 million, Hegedűs-Hús Bt. is expanding its meat plant in Tiszafüred by 500m². HUF 96 million from the project’s budget comes from the government. With this investment 40...

Szatmári group buys mill in Szeged
Date: 2017-09-23 15:05:04

In 2016 Szatmári group’s sales revenue was HUF 65 billion, 10 percent more than in the previous year. The group bought a mill in Szeged and invested HUF 1.5-2 billion in...

Univer’s capacity increasing investment
Date: 2017-09-23 14:58:55

Kecskemét-based Univer Product Zrt. invested HUF 4.3 billion in expanding its production capacity, from which HUF 2.1-billion was non-refundable state support from a programme of the Ministry for National Economy. With the...

Széchenyi card programme: more than 1,800 billion worth of loans for SMEs
Date: 2017-09-23 14:50:14

In the last 15 years the Széchenyi card programme granted HUF 1,841 billion worth of loans to small and medium-sized enterprises. There were 343,000 loan applications and 258,000 SMEs have already...

Friesland is already busy making development plans for the next five years
Date: 2017-09-23 14:45:16

FrieslandCampina Hungária Zrt. is making development plans for the next 5-year period in Mátészalka. In the last 4 years production grew by more than 15 percent in the factory. Last year Friesland Hungária...

M-FlexiLog completes investment in Békéscsaba
Date: 2017-09-23 14:05:09

M-FlexiLog Kft., a member of the Austria-based Mrazek Group, built a 3,500m² warehouse and a 4,500m² production facility from a budget of HUF 1.6 billion. The company will create 120 new...

NAK’s first 4 years
Date: 2017-09-23 13:55:37

Our magazine interviewed Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) on the occasion of NAK’s 4th birthday. T. M.: – The Hungarian Chamber of Agriculture was established a...

Grapes are popular in every format
Date: 2017-09-23 13:49:35

Winemakers and grape growers have an excellent year. More wine will be made this year than in 2016 and table grape consumption has also increased. Hungarians eat 2.5-3kg of grapes a year. On...

NAK campaign in the apple season
Date: 2017-09-23 13:38:49

This year NAK will start a campaign promoting apple consumption. The one and a half month campaign will start in mid-October, in cooperation with 6 retail chains and the Agricultural Marketing...

VAT cut and financial support
Date: 2017-09-23 13:22:21

The Hungarian Chamber of Agriculture (NAK) and the Ministry for National Economy are in talks about which food and agricultural products will be added to the list of 5-percent VAT...

International demand for high-quality Hungarian cereal crops
Date: 2017-09-23 10:18:14

At the moment the average purchasing price is HUF 42,000-43,000/ton. Secretary of state Dr István Nagy revealed that there is great demand for GMO-free, high-quality Hungarian wheat in Europe. Nestlé is an...

Tesco: Measurable things can be managed too!
Date: 2017-09-23 10:11:09

Tesco Europe has published its report on the quantity of food and other waste produced during its operations in the 2016/2017 fiscal year: Tesco stores in the Czech Republic, Poland,...

Pöttyös fans voted for the sour cherry-poppy seed Túró Rudi
Date: 2017-09-23 10:05:02

Pöttyös asked its 1 million Facebook followers to decide which formerly popular Túró Rudi flavours to bring back to store shelves. After more than 30,000 votes were cast in one week,...

Once again Unilever named as the most sustainable company in the industry
Date: 2017-09-23 10:03:24

Scoring 89 points from the possible 100, in 2017 Unilever performed the best once again in the household and personal products industry group of the Dow Jones Sustainability Index (DJSI). Unilever...

Coca-Cola HBC Magyarország’s new warehouse has a 12,000-pallet capacity
Date: 2017-09-23 07:58:06

Coca-Cola HBC Magyarország sells products to 25 European countries, which has made it necessary to enlarge their Dunaharaszti premises. The company invested HUF 2 billion in building a 6,500m² warehouse with...

‘How do you spend your money having paid your utility bills?’
Date: 2017-09-23 07:48:34

Nielsen has asked Hungarian consumers how they use the money they have left, having paid the monthly utility costs and bought food. 27 percent of Hungarians said they put the money...

New cakes in Szamos shops
Date: 2017-09-23 07:44:57

Szamos’ new cakes– designed for weddings and special occasions – have been first showcased in the Szépkilátás confectionery in Buda. There are 17 new and 4 classic cakes in the updated...

How loyal are we to our favourite grocery stores?
Date: 2017-09-23 07:38:46

According to a nationwide representative study by Kantar Hoffmann (March 2017, 18-64 year old consumers), when buying FMCG products, most people visit stores located close to where they live. Half of...

Primavera is now also available at the airport
Date: 2017-09-23 07:34:52

Since early summer Primavera mineral water has been available in the Heinemann Duty Free shops of Budapest Airport. The brand will be the official sponsor of the airport’s Runway Run 5.0...

250,000th Széchenyi Card issued
Date: 2017-09-23 07:30:48

On 7 September the 250,000th Széchenyi Card was ceremonially handed over to its owner in Budapest. In the last 15 years 258,000 contracts were signed and HUF 1,841 billion worth of...

A chocolaterie with great plans
Date: 2017-09-23 07:28:06

Artisan chocolaterie Chocofacture opened on Kende Street in Budapest on 12 September. Those who visit the shop can buy special products and get an insight into how they are made. Dr Katalin...

Refurbished COOP store in Gödöllő
Date: 2017-09-23 07:23:13

Gödöllő COOP Zrt. continues its store modernisation programme. In August the retailer reopened its popular 250m² grocery store on Egyetem Square in Gödöllő. The shop went through an overhaul in just 3 weeks...

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Market News

Bad weather hits Italian winemakers Date: 2017-09-23 16:54:27

Amazon’s price war with Walmart Date: 2017-09-23 16:52:03

Pernod Ricard getting stronger Date: 2017-09-23 16:49:56

Spar’s success in Central Europe Date: 2017-09-23 16:47:34

Metro’s good 3rd quarter Date: 2017-09-23 16:45:39

Auchan’s excellent performance Date: 2017-09-23 16:43:00

The first international retail chain in Belarus Date: 2017-09-23 16:40:51

Europe’s top retail chains Date: 2017-09-23 16:37:17

Hegedűs-Hús expands production plant Date: 2017-09-23 15:12:45

Szatmári group buys mill in Szeged Date: 2017-09-23 15:05:04

Univer’s capacity increasing investment Date: 2017-09-23 14:58:55

Széchenyi card programme: more than 1,800 billion worth of loans for SMEs Date: 2017-09-23 14:50:14

Friesland is already busy making development plans for the next five years Date: 2017-09-23 14:45:16

M-FlexiLog completes investment in Békéscsaba Date: 2017-09-23 14:05:09

NAK’s first 4 years Date: 2017-09-23 13:55:37

Grapes are popular in every format Date: 2017-09-23 13:49:35

NAK campaign in the apple season Date: 2017-09-23 13:38:49

VAT cut and financial support Date: 2017-09-23 13:22:21

International demand for high-quality Hungarian cereal crops Date: 2017-09-23 10:18:14

Tesco: Measurable things can be managed too! Date: 2017-09-23 10:11:09

Pöttyös fans voted for the sour cherry-poppy seed Túró Rudi Date: 2017-09-23 10:05:02

Once again Unilever named as the most sustainable company in the industry Date: 2017-09-23 10:03:24

Coca-Cola HBC Magyarország’s new warehouse has a 12,000-pallet capacity Date: 2017-09-23 07:58:06

‘How do you spend your money having paid your utility bills?’ Date: 2017-09-23 07:48:34

New cakes in Szamos shops Date: 2017-09-23 07:44:57

How loyal are we to our favourite grocery stores? Date: 2017-09-23 07:38:46

Primavera is now also available at the airport Date: 2017-09-23 07:34:52

250,000th Széchenyi Card issued Date: 2017-09-23 07:30:48

A chocolaterie with great plans Date: 2017-09-23 07:28:06

Refurbished COOP store in Gödöllő Date: 2017-09-23 07:23:13

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