News and articles
Opera Gin Budapest won gold
The Opera Gin Budapest of the Első Magyar Gin Manufaktúra (First Hungarian Gin Manufactory) won a gold medal at the International Wine & Spirit Competition. The Opera Gin Budapest debuted...
Read moreMore than 1,900 tons of used cooking oil were collected by Mol
Mol has collected more than 1,900 tonnes of used cooking oil from the past nine years, which is used to make biofuels – the company said on Monday. According to...
Read moreYou can stay in your home office
With the partial revival of the economy, the expectations of companies have also improved this year, as according to K & H’s June survey, almost half of Hungarian small and...
Read moreGerman exports jumped
Germany’s exports jumped significantly in June, at double-digit rates, in June compared with the previous month, while imports rose less than expected, leaving both trade and current account surpluses higher...
Read moreChina’s exports grew in July in excess of expectations
China’s exports increased in July, far exceeding expectations, but imports declined. According to data released by the Chinese customs service on Friday, the dollar-denominated value of exports rose 7.2 percent...
Read moreAn illegal tobacco factory was liquidated in Spain
Illegal tobacco factories were closed, seven people were detained, six million cigarettes ready for sale and more than 72,000 euros (about 25 million forints) in cash were seized by the...
Read moreTourism in the Czech Republic declined in the second quarter
In the second quarter, 988 thousand guests stayed in tourist accommodation in the Czech Republic, which is an 82.9 percent decrease year-on-year, the Czech Statistical Office in Prague said. The...
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MNGSZ elects new officials
In July the Hungarian Gastronomic National Association (MNGSZ) elected András Krivács president for the fifth time. István Volonter was appointed cook vice president and György Ambrus has made a return...
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Hospitality 2020
Revenues in commercial and workplace catering in Hungary fell by more than 30 percent in the first six months of 2019. This means that sales in the hospitality business were...
Read moreBudapest’s tourism suffers most from the lack of foreign tourists
Budapest is suffering the most from the decline in tourism due to the coronavirus pandemic. At the Lake Balaton and other rural resorts the shortage of foreign guests is somewhat...
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The 2019 financial year was a success for SPAR
At the end of 2019 SPAR operated 34 Interspar hypermarkets, 328 SPAR and 20 City SPAR supermarkets, plus the retail chain also had 24 SPAR partner, 53 SPAR market, 85...
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Worker numbers and salaries
In the accommodation and hospitality sector 187,000 people were working in 2019 – 3.7 percent more than in the previous year. Their average gross salary was HUF 240,000, 13 percent...
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Event organisers in a difficult situation
An event organising themed study made by the Budapest Metropolitan University – with 400 professional and student respondents from the trade – has found that event organising agencies are in...
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Tip and service fee: Dos and don’ts
As the new the social security law contains changes related to the social contribution payment rules, the Guild of Hungarian Restaurateurs (MVI) has updated its tip and service fee guidelines....
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Sailing is easy in good wind
In 2019 Rossmann Magyarország Kft.’s sales revenue was up almost 8 percent, but it was a year full of challenges. Managing director László Flórián told that the premiumisation process...
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Ice Cream of the Year in 2020
Due to the coronavirus pandemic, in 2020 the Ice Cream of the Year the competition was organised in a different system than in former years. In the two-round contest a...
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XIXO has started new image campaign
HELL ENERGY Magyarország is using intense campaigns and presence to reposition its XIXO brand. A new image commercial has been filmed to communicate the renewal of the XIXO brand, and...
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Smart foods available in more counties
Siófok-based Royal Sütöde Kft. has joined the franchise system of smart food maker and distributor Okos Élelmiszerek Kft., and will soon supply consumers in Bács-Kiskun County and parts of Somogy,...
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New director in the Kifli.hu team
From July János Makkay has been the managing director of Kifli.hu, replacing James McQuillan in the position. The new managing director comes from the FMCG sector, having worked as sales...
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The best cakes of Hungary
The Guild of Hungarian Confectioners organised the Cake of Hungary competition for the 14th time. A jury of experts selected the best cakes of the nation in three rounds. ‘Curiositas’...
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The guild’s headquarters: Life is slowly returning…
László Selmeczi, co-president of the guild informed that they had been forced to close the educational workshop because of the Covid-19 pandemic. Luckily, at the end of May training programmes...
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ALDI creates new jobs in Hungary
ALDI has announced that the opening of the company’s cold storage facility in Biatorbágy entails recruiting 50 people, plus the retailer also creating 100 new positions in its 145 stores....
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Business Dinner 2020: ‘It is unlikely that we will have to step on the brake this hard again’
Trade magazin’s traditional end-of-May Business Dinner was organised online this year. The participants were Dr Zsolt Feldman – state secretary of the Ministry of Agriculture, András Báldi PhD – scientific...
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Macy’s calls for brand ambassadors
Anyone with dreams of becoming a style influencer can take a shot at joining the Macy’s Style Crew. Launched with the department store chain’s employees in 2017, Style Crew is...
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Kroger piloting mobile payments strategy
Kroger Co.’s QFC grocery division is launching a contactless payments pilot that lets shoppers complete purchases with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless...
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Consumers without masks can still shop at Walmart
Despite a mandate that consumers wear facial masks in light of the ongoing coronavirus pandemic Walmart isn’t enforcing the requirement within its stores. Customers without facial masks will still be...
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Magazine: #buyhungarian grows into a movement
More and more companies join the ‘Buy Hungarian! Support Hungarian food companies!’ campaign – informed Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. She told that any company can...
Read moreAM: this year’s wheat crop could be about 4.7 million tons
About 4.7 million tons of winter wheat were produced this year, domestic consumption is usually 2.5-3 million tons, so there is plenty remained to be exported – the Deputy State...
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Harvest has begun
With the harvesting of the earliest ripening grape variety, Csabagyöngye, the harvest began in Hungary on Saturday – the co-owner-manager of Varga Pincészet Kft. said in Ordacsehi, Somogy county. Varga...
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The Talentis Agro Zrt. donates two hundred bags of wheat to the Hungarian Bread Program
The Talentis Agro Zrt., part of the Mészáros Group, contributes to the Hungarian Bread program with about 200 bags of wheat. MTI / Rosta Tibor In this year’s program, farmers’...
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