Company and Personal News
Borháló renews
• Hungary’s largest wine franchise network is undergoing a change of image. • The company is strenghtening with exclusively produced and marketed wines in the premium segment. • Alternative formulations...
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Which brand you have on your playlist
Rossmann gathered serious fans with its latest advertising music. The main sponsor of the Brand Tester theme park, which reopens on 22 June achieved a great success that their song...
Read moreRetail sales increased in the Czech Republic
In April, retail sales in the Czech Republic increased by 6.9 percent year-on-year. In March, this indicator was 4.8 percent – the Czech Statistical Office announced. The statisticians drew attention...
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KMV and PepsiCo Acquire Knjaz Miloš from Mid Europa
Mid Europa Partners (“Mid Europa”), the leading private equity investor in Central and Eastern Europe, announced today the agreement to sell Knjaz Miloš, the leading producer of mineral water and...
Read moreAnalysts: retail sales remain an important driver of GDP growth throughout the year
Basically, retail sales can continue to grow vigorously throughout the year due to wage outflow, which will remain an important factor for economic growth, as expected by analysts interviewed by...
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Nielsen: We fight against sweating with twenty million deos every year
The value of antiperspirant products in domestic retail sales increased by eight percent between May 2018 and April 2019: Hungarians spent over 13 billion HUF on these products. This means...
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Dreher Breweries is 165 years old
The history of Dreher Brewery is closely intertwined with Hungarian history. At the end of the 19th century and at the beginning of the 20th century, the explosive growth was...
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Decathlon and Lumenet are the Internet Traders of the Year in 2019
The Internet Merchant Award of the Year was presented for the 13th time. In the corporate category, the winner became Decathlon, the second prize winner became Konzolvilág, while the third...
Read moreThe Takarék Group expanded its cooperation with the National Association of Grain Producers
The MTB Magyar Takarékszövetkezeti Bank Zrt. and the National Association of Grain Producers (GOSZ) are expanding their cooperation. The purpose of the agreement is to increase the efficiency of cereal...
Read moreSixteen percent reduction occured in the number of bee colonies in the winter of 2017-18, according to an international study
Sixteen percent reduction occured in the number of honey colonies in the winter of 2017-18 according to an international study led by the Strathclyde University of Glasgow. The survey carried...
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The Hungarians are having breakfast by scrolling on their mobile phones alone
Although almost everyone thinks it is important for the family to have breakfast together, and the common breakfast is a good time for a quality time together, in everyday life...
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Praktiker achieved double-digit revenue growth last year
Praktiker achieved net sales of 57.1 billion HUF in 2018, about 20 percent more than in the previous year. The after-tax profit exceeded 3 billion HUF in the previous year...
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Retail sales in the euro area fell in April
The euro area retail sales decreased in April, compared to the previous month, as a further sign of the weak domestic demand. The European Union Statistical Office (Eurostat) announced on...
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The top charger is in service at OMV’s filling station in Bábolna
The Ionity GmbH., established by the German automobile manufacturers has launched its first High Power Charger in Hungary at the OMV filling station at the M1 highway near Bábolna. The...
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Schwarzenegger, SodaStream Call To Fight Plastic
Terminator star Arnold Schwarzenegger has teamed up with SodaStream on an appeal to businesses and consumers to fight the growing threat of plastic waste. “Plastic waste is one of the biggest global...
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KSH: retail sales were lively in April
According to raw data, retail trade turnover, was 8.5 percent higher in April, compared to a year before. Calendar effect adjusted, the growth was 7.1 percent, mainly due to the...
Read moreThe Ministry of Agriculture can count on a budget of over 218 billion forints
The Ministry of Agriculture will be able to calculate with a budget of 218.3 billion forints next year, after this year’s 206.2 billion forints – according to the draft budget...
Read moreThe customers of Tesco were supported the needy children with 34 million forints
As one of the country’s largest fundraising teams, Tesco’s customers and colleagues gathered nearly 34 million forints in the Cloudless Childhood fundraising campaign of the Ecumenical Aid Organization. The goal...
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Interspar store was handed over in Tata
The Spar Magyarország Kft. handed over an Interspar store in Tata with a 4.2 billion HUF investment on Wednesday. The store will employ 78 new employees. Zsigó Róbert, Minister of...
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Hungarian cheese to be marketed in France
Hungary’s leading cheese manufacturer and distributor, the Savencia Fromage & Dairy Magyarország Zrt. arrived to a new milestone. With the purchase of a new, modern production line, from September this...
Read moreLess cherry will grow this year
The cherry yield is expected to be 60-70 thousand tons this year, less than last year’s record of 100,000 tons. Demand and prices are increasing due to the lower yields...
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Digital Assistance for Corporate Contracts – The first Hungarian Regtech and Fintech Collaboration has been launched
From now on, the Hungarian and Czech companies can register into the first digital contract and commercial interface of the Visegrád region, the TrustChain Platform. Dr. Romhány Gergely, Managing Director...
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EU Member States recognize the Hungarian biomass initiative
The majority of EU Member States and the European Commission have recognized the importance of the Bioeast initiative launched for a Hungarian proposal to support agricultural research and development and...
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NAV is checking vegetable and fruit vendors
In several counties of the country, the National Tax and Customs Office (NAV) has also ordered a series of tests for this week at local vegetable and fruit traders –...
Read moreThe NAV found more than half a billion forints worth smuggled cigarettes
A record amount of 530 million HUF worth smuggled cigarettes were found by the finance officers of the National Tax and Customs Administration (NAV) at the Hungarian-Romanian border crossing point....
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The European economy is expanding for the seventh year
The European economy has been growing for the seventh year and is expected to grow further in 2020. The economies of all Member States are strengthening, despite less favorable conditions...
Read moreRomanian retail sales grew by eight percent
In the first four months, the volume of Romanian retail sales increased by 8.1 percent compared to the same period of last year – the Romanian National Statistical Institute announced...
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A Lagom house by Barnängen
Barnängen Beauty, a swedish beauty brand, which is also now available at the german market. I’ve been fallen for the design – the swedish are definitely good at that! The...
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FruitVeB: a better than average apricot and medium peach harvest is expected
The Vice President of the FruitVeb Hungarian Vegetable and Fruit Interprofessional Organization and Product Council expects slightly more than the average 25,000 tons of apricot crop this year, while the...
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