Company and Personal News
Protein Program: 6 reasonable moves to spend 8 billion forints
Almost everyone has heard about the National Protein Feed Program in the sector, and in the days it was also found that the framework for the “five-year plan” approaches nearly...
Read moreThe volume of bottled wines may increase in the Szekszárd wine region
With the support of the Rural Development Program (VP), the wineries of the Szekszárd wine region will implemend a nearly two and a half billion forints worth development, with investments...
Read moreThe US consumer sentiment has deteriorated
The US consumer mood index in April deteriorated more than the analysts expected, according to the regular monthly survey of the Michigan University, whose preliminary results were announced. The consumer...
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Vegetable experiment in Antarctica
Antarctica’s nonstop winters make it impossible to grow food outdoors. Fruits and vegetables are instead shipped long distances from overseas, just a few times per year -businessinsider.com wrote. But in...
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The aquaculture industry was developed from nearly 1.5 billion forints
The consortium led by the Kiskunlacház-based ÖKO 2000 Kft. implemented almost half a billion forints development in the aquaculture sector of the Hungarian fisheries sector. As the result of the...
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The Brazilian meat scandal continues
Seven Brazilian meat and poultry companies can be removed from the list of authorized EU suppliers in the near future due to the meat scandal in South America. The Brazilian...
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Magazine: Confident deodorant market, widening product selection
In 2017 sales kept growing in the deodorant category. Brand manufacturers reported a single-digit sales growth in both value and volume. Noémi Patai, junior brand manager of Unilever Magyarország told our magazine...
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National hailstorm protection system operational from May
NAK organised a press conference in Dunaharaszti to introduce how the national hailstorm protection system works. The system will be operational from 1 May 2018. NAK president Balázs Győrffy told: in the...
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New services centres in the NAK network
On 4 April NAK opened its modernised Bács-Kiskun County directorate in Kecskemét. NAK has approximately 40,000 members in the county, who will be able to manage their affairs in an ideal...
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Educational campaign to promote fruit and vegetable consumption
French cross-sector trade organisation Interfel and the Hungarian Chamber of Agriculture (NAK) launched a joint campaign, to make fruit and vegetable consumption more attractive to children and families in a...
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Agricultural producer prices increased by nearly 5 percent
In February agricultural producers’ prices increased by 4.9 percent compared to a year before, due to a 6.2 percent increase in the price of plant products and the 2.6 percent...
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Nébih: improvements during the spring seasonal inspections
Improvements were detected by the experts of Nébih during the 2018 spring seasonal inspections virtually at every area – the National Food Chain Safety Office (Nébih) announced on its website....
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SPAR is investing 23 billion forints this year
The SPAR Magyarország is investing 23 billion forints for developments this year and has spent more than 2.1 billion this year in its modernization program. According to the commercial chain’s...
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Auchan expands its services in Hungary
Auchan is expanding its services in Hungary supporting a multi-channel online ordering store. At Thursday’s inauguration of the Auchan store in Kőbánya, Dominique Ducoux, CEO of Auchan Retail Magyarország announced...
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Szentkirályi is strengtening its team with one of the best known fashion designers in Hungary
One of the most successful designers of our country, Vágó Réka designed a supplement for the mineral water brand. In addition to the 1.5 liters of carbonated, non-carbonated and slightly...
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The innovator
Sándor Demján, one of the most important Hungarian businessmen of the last 40 years died at the end of March. He wasn’t only a member of the financial elite, but also...
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Not all organic foods are real
We buy organic food, among others, to consciously protect our health from undesirable substances such as plant protection products. The organic word is a guarantee for us that the product...
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The ice damage mitigation system can be operated in the entire Carpathian Basin
The national ice damage mitigation system will be launched on 1 May and will be able to operate throughout the Carpathian Basin. Győrffy Balázs, the president of the National Chamber...
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Cocoa forests from pastures in Amazonia
International environmental organizations and the Amazonia Fund of the Brazilian State help the local livestock farmers to plant cocoa plantations on the depleted pastures that were created by destroying of...
Read moreHungarian Product Packages for the families of 75,000 newborns
From March the families of 75,000 newborn babies will receive so-called Hungarian Product Packages for a 10-month period. The package will contain marketing material and products from the trademark-using SMEs. HUNGARIAN PRODUCT...
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Lufthansa’s Munich flight to Debrecen also brought investments
Three German companies have decided to invest in Debrecen since Lufthansa’s first scheduled flight arrived to the Debrecen airport from Munich on 11 April 2016 – said Papp László (Fidesz-KDNP)...
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Reál joins MNKSZ
With Reál Hungária becoming a member the Hungarian National Trade Association (MNKSZ), the organisation became considerably stronger: the combined gross sales of members no amount to more than HUF 1,000...
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Magazine: Thirst quenchers in many flavours
According to data from the Hungarian Mineral Water, Fruit Juice and Soft Drink Association, per capita mineral water consumption keeps growing in Hungary, and in 2017 it reached 125 litres...
Read moreGfK: further moderate growth is expected in retail in 2018
The turnover of daily consumer goods in Hungary last year increased by 2 percent, compared to the figures recorded in 2016, according to GfK’s Commercial Analyzes in 2017. The market...
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Nielsen: massive millions for slimming preparations
In April, the sales of slimming products peaked in May, slightly up by about 2 percent in value, compared to the same period of last year, according to the Nielsen...
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The domestic confectionery industry is growing, but the lack of staff may hamper further development
Since 2012, there has been a steady increase in the sales revenues of the Hungarian confectionery companies – according to the data of the OPTEN company information service provider. However,...
Read moreMNB: inflation increases gradually
Inflation will fluctuate around 2 to 2.5 percent in the coming months, but price increases will gradually rise – Várhegyi Judit, head of department at the Hungarian National Bank (MNB)...
Read moreTesco’s annual results improved more than 25 percent, Central Europe performed well
Tesco’s annual results improved more than 25 percent in the 2017-2018 financial year. The Central European division of the company was particularly successful: the result of the regional Tesco network...
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There will be less sugar beet this year
Due to low sugar prices, the domestic producers grow sugar beet on a smaller area of around 1500 hectares this year; the processor plans to contract a little over 14,000...
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