Market News
An abundance of new products in the healthy food market
There are still much fewer health-conscious consumers in Hungary than in Western Europe, but the selection healthy foods is growing. According to Fatime Bánkúti, marketing manager of Omega Bázis Kft.,...
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Shell is driven by consumer satisfaction
Péter Gyúrós, convenience retail manager of Shell in Central and Eastern Europe and Péter Juhász, Shell’s sales manager in Hungary talked to our magazine about the company’s petrol station shop...
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Successful year for SPAR
With its 13,000 workers SPAR Hungary is one of the biggest employers in Hungary. At the end of 2016 the retailer operated 345 SPAR supermarkets and 32 INTERSPAR hypermarkets. Sales...
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Penny Market: development and a new logistics centre
Discount supermarket chain Penny Market celebrated its 20th birthday in 2016. Hungarian Penny Market stores were modernised and the 207th store opened last year. Penny Market is now busy building...
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Youthful marketing from Rossmann
In 2016 Rossmann realised a two-digit sales growth once again, the drugstore chain won the Superbrands recognition and based on consumer feedback they scored the highest brand equity index among...
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Lidl: quality and good prices
Lidl Hungary’s story started in 2004 with 12 stores and a logistics centre. Presently shoppers can choose from nearly 1,400 products, from fresh baked goods made in-store to healthy foods...
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CBA’s new strategy
Since early 2016 Vilmos Lázár has been sitting in the presidential seat of CBA instead of László Baldauf. The new leader brought a new strategy with him, in the spirit...
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More modern, more comfortable and greener ALDI stores
ALDI continues the store modernisation programme that they started last year. Bernhard Haider, managing director of ALDI Hungary told our magazine that thanks to the new interior design of stores,...
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Analysts: investments have increased in record numbers
All expectations are far surpassed by the first-quarter growth in investments this year, which is a record – Macroeconomic analysts told MTI. According to the latest data of the Central...
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Hungarian agricultural exports over eight billion euros
Hungarian exports of agricultural products were over eight billion euros last year, while the foreign trade balance closed with 3 billion euros positive, despite the avian influenza has had a...
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Restrictions on avian influenza have been lifted in Hungary
Restrictions on avian influenza have been lifted in Hungary – the Ministry of Agriculture (FM) told MTI on Wednesday. According to the information, the domestic and EU poultry deliveries can...
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MNB: corporate and retail borrowings increased in the first quarter
The growth in corporate lending continued in the first quarter. The volume of loans in terms of transactions increased by 4 percent. The lending dynamics of the household sector also...
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A campaign to be launched to promote rabbit meat consumption
A national campaign to be launched to promote rabbit meat consumption – the Minister of State of the Ministry of Agriculture announced at a professional conference in Kaposvár. According to...
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The MGYOSZ launches a national series of events for the development of vocational training
The National Association of Employers and Industrialists (MGYOSZ) is launching a national series of events for the development of vocational training in September. The National Association of Employers and Industrialists...
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The rate of inflation has declined in the euro area
According to the preliminary data, the rate of inflation has fallen in the euro area in May, according to Eurostat, the statistical office of the Union. Consumer prices rose by...
Read moreThe abolition of cigarette machines is under consideration in Austria
Debate began on the abolition of public cigarette machines in Austria, politicians have so far declined to comment on this issue – the Der Standard Austrian newspaper wrote. Apart from...
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NAK wants us to eat more mushrooms
In June the Hungarian Chamber of Agriculture (NAK) organised a promotion campaign for retailers (Auchan, CBA, LIDL, METR O, SPAR, TESCO) and mushroom growers. Hungarian mushroom consumption is very low, 1-1.5kg...
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KSH: increasing investments in the first quarter
In the first quarter of this year, the volume of investments exceeded the low base of the same period of the previous year by 34.1 percent, when a 14.9 percent...
Read moreThe sowing area of maize and wheat decreases
Maize and wheat were sown on almost three thousand less hectares of land this year in Tolna County. The sowing area of the autumn wheat fell by nine thousand hectares,...
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Instant transfer from 2019
Instant transfer is planned to be launched from 1 July 2019 in Hungary. The complex cash flow development can fundamentally change our everyday lives. The new system will be able...
Read moreThe Romanian authorities prevented the smuggling of 40 million illegal cigarettes during three months
The Romanian authorities have prevented the smuggling of 40 million illegal cigarettes in the last three months and more than 300 people were arrested for suspected cigarette smuggling – the...
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The European Union sets thousands of free internet access points up
Political agreement has been reached by the EU institutions on the so-called WiFi4EU initiative, which will create thousands of free internet access points for 2020 on the continent, the European...
Read moreIDC: The world market of smartphones has slightly increased this year
According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments are expected to rebound slightly in 2017 with expected growth of...
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Good business relations with Estonia
Parliament on Monday, after talks with his Estonian counterpart, Prime Minister Viktor Orbán said that Hungary has always had excellent and close relations with Estonia. In July Estonia will take...
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Hungary recorded unprecedented investment growth in Q1 2017
In the first quarter of 2017, the volume of investment totalled HUF 1033bn, which shows year-on-year investment growth of more than 34 percent. This has been the highest growth rate...
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Magazine: There is no stopping until perfection is reached
Value sales have increased recently in the shaving product market. Consumers have started buying more expensive products in the category. The category is very much seasonal: value sales in the...
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Faster than expected growth
In the 1st quarter of 2017 the Hungarian GDP increased by 4.1 percent, faster than originally expected. Thanks to this GKI has modified its annual growth forecast to 3.5 percent....
Read moreHungarian food exports increased by 37 percent over the past five years
The Hungarian food exports have increased by 37 percent over the past five years – Fazekas Sándor Minister of Agriculture said in Herceghalom. At the meeting of the Federation of...
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