News and articles

A feed plant was opened in Somogy County

The Hungarian economy is growing fastest in the European Union today – the Minister of Foreign Affairs said at the inauguration of the 3.1 billion HUF worth feed production plant...

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Strong customer authentication has arrived

On 14 September, as part of the Payment Services Directive 2 (PSD2) entering into force, strong customer authentication (SCA) will be introduced in Hungary. This will entail changes in e-commerce,...

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A record number of Hungarian companies presented themselves at the Agromalim trade show in Arad

The CED Central European Economic Development Network Nonprofit Ltd. has presented a record number debuting opportunities of its twenty-two Hungarian partners at the Agromalim Agro-Food Trade Fair in Arad, held...

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African Swine Fever: pig breeders can get free disinfectants

Pig farmers can get free disinfectants from their veterinarian – the National Food Chain Safety Agency (Nebih) has published on its website. In a statement, the agency stressed that it...

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The University of Pécs terminates the purchase of PET bottled beverages

The University of Pécs (PTE) terminates its supply of plastic, PET-bottled water and beverages – the institute announced on Monday. It is reported that the leadership of PTE – as...

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NAV draws attention to the marketing conditions of new types of tobacco products

“Smoke-free” alternatives to smoking, such as refillable electronic cigarettes or heating devices containing real tobacco but at a much lower temperature than conventional cigarettes, are also spreading in Hungary –...

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Retail sales in the United States grew faster than expected

Retail and hospitality sales in the United States expanded at a higher rate than expected for the sixth consecutive month, indicating that the steadily rising consumer spending is likely to...

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The earliest direct evidence of human milk consumption has been discovered in Britain

The earliest direct evidence of human milk consumption to date has been identified in Britain – BBC’s news portal wrote. The authors of the study, published in the journal Archaeological...

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European retail in 2019

A study made by GfK has revealed that purchasing power grew considerably in the European Union in 2018. The engines of this growth were Latvia (+10.3 percent) and the Czech...

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Pro hospitio

László Kovács, president of the Guild of Hungarian Restaurateurs (MVI) has been in office for 10 years. You have been working for the trade for 10 years. Was it worth...

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An economic slowdown has started

In the 2nd quarter the Hungarian economy was growing by 4.9 percent; this rate was faster than expected and the fastest in the European Union. However, an economic slowdown has...

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Why do we love beer?

The taste of beer releases a chemical in the brain which makes people want to drink more, research published today claims. Beer’s taste – without even any effect from alcohol...

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Profit margin

‘Haszonkulcs’ (Profit Margin) – this is the title of the book published by Zoltán Kis, vice president of the Guild of Hungarian restaurateurs (MVI). The book is about the practical...

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Expensive tomato

As of 1 January 2019 the VAT on UHT and ESL milk reduced from 18 to 5 percent. Data from the first 32 weeks of the year indicate that the...

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Wine Festival 2019

Budapest Wine Festival opened its gates to wine lovers for the 28th time in September. Visitors got the chance to taste several thousand wines of more than 160 Hungarian and...

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Perfectly put together dish-collection – Video of the day

Astin’s Counter 3.Five.VII embraces the concept of the tasting menu so much that it only offers just that. There are only three, five, or seven course menus available at the...

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Online is stronger if combined with offline

According to data published by EuroShop, it has a positive influence on the sales performance of online shops if they open an offline store. There is a so-called ‘halo effect’,...

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A work of art

EKI Creative Kft. has unveiled its latest in-store display. It was developed for Paco Rabanne cosmetics and according to key account manager Péter Eckert, it is almost a work of art, as...

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So that a little wind doesn’t turn into a hurricane

Retail magazine iXtenso has interviewed Alexander De Ruiter, the CEO of Dutch consultancy firm OBI4wan. He talked about how to manage a worsening reputation and negative consumer reviews. In his view...

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Minimalizing food waste by LG

By storing your food well, you can make it last longer as well as maintaining the best taste and temperature. Find out how. Whether you’re a carnivore, pescatarian, vegetarian or...

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Hungary’s biggest wine exporter

Lidl Hungary has organised the Lidl Wine Expo Hungary for the sixth time. The event’s goal is to promote Hungarian wines in Europe and facilitate their market entry. In 2018...

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Too much wine is a problem too!

According to data from the National Council of Wine Communities, 392,000 tons of grapes was harvested in Hungary in 2018, from which 3.75 million hectolitres of wine was made –...

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The 40th National Wine Competition

This year the National Wine Competition was organised for the 40th time, with the Kunság wine region as the host. The National Council of Wine Communities (HNT) organised the competition,...

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Online shops are likely to speed up instant payment

Experts estimate that there are approximately 10,000-14,000 online shops in Hungary, which realised more than HUF 500-billion sales in 2018. Half of online purchases are still paid for in cash,...

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Nielsen: Hungarian retail trade is second in Europe

Brexit insecurity continued to affect the retail sector across the continent, but retail sales in Europe increased by 3.4 percent in the second quarter of 2019 compared to the same...

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Growth in agricultural producer prices has slowed down

In July, the annual growth rate of agricultural producer prices declined to a single-digit level. Following a 10.5 percent rise in June, acquisition prices were 8.5 percent higher in July...

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The turnover of non-alcoholic radlers has exploded over the last five years

The turnover of non-alcoholic beers and radlers at HEINEKEN Hungária has increased significantly over the last five years. Heineken 0.0 Non-alcoholic Beer has doubled its turnover in one year, while...

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Feldman: the new support in the meat industry can bring a quality change

The beef bull-breeding support program in the meat sector could bring a qualitative turn by allowing more domestic meat to reach consumers – the Minister of the Ministry of Agriculture...

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NAK: average quantity but good quality plums this year

This year, about 60-70 thousand tons of plums were produced in Hungary, which corresponds to the average of recent years, but the quality of the fruit is very good this...

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The number of pig slaughterings has decreased

After a long timethe number of pig slaughterings in slaughterhouses again decreased in the first half of this year. This is partly due to strong demand for live animals in...

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