News and articles

Dr. Bart István at Business Days 2019

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Egg Association: large-scale egg production decreased in the first half of the year

Large-scale egg production has fallen by about 9 percent year-on-year in the first half of this year, after an almost 11 percent increase last year. It is expected that 1-1.2...

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Companies’ willingness to lend increased to record levels

Lending to Hungarian companies reached a record. It was 20 percent higher than a year before, according to Atradius Credit Insurance. According to a study, made with the involvement of...

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Credit Insurer: the feed industry may further expand this year

Emissions from the feed sector could grow by 2 percent this year to 3.45 million tons and generate 8 percent nearly 270 billion revenue more, compared to last year –...

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Eco-friendly linen bags for the benefit of the Hungarian Maltese Charity Service

SPAR has been working with the Hungarian Maltese Charity Service for more than 20 years in social programs. As part of their latest joint initiative, the charity’s Tiszabura sewing company...

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Nagy István: the advance payment of agricultural subsidies starts on Wednesday

The advance payment of agricultural subsidies to farmers through the Hungarian State Treasury (MÁK) will start on Wednesday, amounting to 240 billion HUF this year – the Minister of Agriculture...

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Pa-Comp Kft. expanded its production plant in Újfehértó

In the next period, the government will spend more than 100 billion HUF on supporting the development of packaging, stockpiling and market entry of Hungarian food companies – the Minister...

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Recycled and recyclable paper packaging is a new development by Lucart

The two Lucart product lines produced in Nyergesújfalu, Hungary, are given new packaging made from recycled and recyclable paper and also use biodegradable printing ink that is compostable for printing....

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The semi-finals of the public catering chef competition have begun

The semi-finals of the public catering chef competition have begun. This time the theme is “summer food” – read the National Food Chain Safety Authority’s (Nebih) website. Competitors will be...

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One hundred and fifty million HUF worth fake branded clothes were found in a truck

Six thousand fake branded clothes and accessories were found in avalue of one hundred and fifty million forints in a truck on the M43 motorway – the National Tax and...

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Consumer prices in the United States stagnated in September

Consumer prices in the United States remained unchanged in September, compared to the previous month. Core inflation has become lower than expected, supporting expectations that the Federal Reserve’s Open Market...

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KSH: the turnover of commercial accommodations increased in August

In August, the turnover of commercial accommodation increased. The 4.634 million spent guest nights increased by 1.6 percent, compared to August last year – according to the Central Statistical Office...

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Neckermann Hungary successfully manages the difficulties and promotes new travels

Neckermann Hungary has successfully dealt with external difficulties in recent weeks. Its financial position is stable and it has begun to plan for the future – Thomas Cook’s Hungarian interest...

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Lavazza: over 120 years of passion for coffee and a renewed focus on premiumness in the Hungarian market

The Italian coffee roaster has a rich story to share and taste, like a good cup of coffee, and a renewed approach to the local market thanks to its new...

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250 jobs up for grabs as Lidl commences operations at new £70m Scottish warehouse

Lidl has announced that 250 new jobs will be up for grabs after it officially commenced operations at its new £70 million Scottish distribution centre. The new 629,688sq ft warehouse,...

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Carlsberg Unveils Paper Beer Bottle Prototypes

Danish brewer Carlsberg has unveiled two prototypes of paper beer bottles made from sustainable wood fibre. The ‘Green Fibre Bottle’ is fully recyclable and has an inner barrier that allows...

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Tesco Launches New Plant-Based Food Range

Tesco has announced that it has launched a new range of affordable, plant-based food items. Branded as Tesco Plant Chef, the range includes butternut cauliflower macaroni pasta, breaded soya goujons,...

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Magazine: Technological development in an optimistic mood

Ian Cook, CEO of Colgate-Palmolive and co-chair of The Consumer Goods Forum (CGF) told on the first day of the organisation’s Vancouver summit in June that more and more developed...

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KSH: the rise in agricultural producer prices has slowed

Thanks to a sharp slowdown in the prices of vegetables, fruits and potatoes, the annual rate of increase in agricultural producer prices slowed down from the 8.1 percent of July...

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THe analysts of Savings Bank raised their GDP growth forecast to 4.9 percent this year

Analysts at the Savings Bank raised their GDP growth forecast from 4.7 percent to 4.9 percent -was said at the press conference of the bank in Budapest. Suppan Gergely, senior...

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MNB: rising cost of services increased core inflation

Inflation fell by 0.3 percentage points to 2.8 percent in September, while core inflation rose by 0.2 percentage points to 3.9 percent. The slowdown in inflation was mainly caused by...

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The 35th INTERSPAR hypermarket will be built in Kaposvár

SPAR spends around 5 billion forints to build its latest INTERSPAR hypermarket in Kaposvár. The modern, environmentally conscious INTERSPAR hypermarket, meeting the highest customer expectations is expected to be available...

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Rossmann launches a VIP program

The Rossmann+ loyalty program will be renewed so you can shop at even greater discounts now. Purchases required for Bronze, Silver and Gold membership begins on 1 October, 2019, and...

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SPAR helps you equip your kitchen with top-quality tools

KitchenAid’s unique kitchen appliances and electric appliances will be the perfect companion for beginner and expert chefs as well. Versatile equipment and top-of-the-line devices will be available to customers at...

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The 7th Hungarian Cheese Muster has been opened

It is the joint responsibility of the government and the cheese makers to develop the Hungarian cheese culture and to present the Hungarian cheese specialties; “Hungarian cheese is our common...

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The school greening program of P&G and Penny has started

Following last year’s successful school greening program, P&G has teamed up with the Penny Market chain this year to give 4 schools in Hungary the opportunity to become greener. The...

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Chimney Cake Festival in the City Park

Thirty chimney-making booths and a picnic-filled family atmosphere await visitors from Friday to Sunday to the 7th Chimney Cake Festival in the City Park. According to the organizers’ announcement, at...

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ITM: no serious consumer protection violation occured in case of coupon promotions

Inspectors found no serious violations of consumer protection in case of coupon promotions, with just 5 percent of last year’s nearly 300 inquiries – the Ministry of Innovation and Technology...

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The volume of global air freight is declining for ten month

The volume of global air freight transported in tonne-kilometers is declining for ten month – according to the International Air Transport Association (IATA). The Montreal-based trade organization announced in a...

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