Company and Personal News
dm brands take winner to Dubai
dm brands will take the lucky winner of the drugstore chain’s Facebook game to Dubai. All dm customers had to do was buy any of dm’s private label products and...
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Wanzl’s new managing director
As of 1 March 2017 Edit Nagy is the managing director of Wanzl Hungary. Ms Nagy used to be the company’s sales director. Wanzl was established in Germany in 1947...
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Lidl introduced a unique action
Lidl Magyarország introduced a unique action in Hungary. The blue mobile customers are given 22% discount if they purchase indicated products when uploading their blue mobile balance. The blue mobile...
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Rossmann opened its 200th store
The Rossmann Magyarország is expanding its high-quality shop network in Hungary Further. This year the company opened new stores in Lajosmizse and in Budapest (Háros street), while expanded its existing...
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NGM: several programs to help SMEs digitization
The “factory model” program that was launched this year promotes the technological development of the small and medium-sized enterprises (SMEs), as well as the dissemination of digital information and communication...
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FM: meat from Brazil is inspected at the Hungarian border posts
Bognár Lajos Chief veterinarian ordered the increased testing of meat products coming from Brazil, after the Brazilian authorities have revealed serious irregularities at the largest meat processing companies of the...
Read moreThe competitive position of SMEs may improve
The K&H SME confidence index interviewed half thousand domestic SMEs about how their competitive situation may occur this year, compared to their competitors. The market position of SMEs may strengthen....
Read morePrime Minister’s Office: applications for agribusiness training support can be submitted from 14 April
Applications for agribusiness training support can be submitted from 14 April, instead of the original 27 March date – the Prime Minister’s Office announced on Friday. According to the communication...
Read moreStores are closing one after another because of the online retail
Az utóbbi évtizedek legnagyobb üzletbezárási hulláma sújtja az Egyesült Államokat az internetes kereskedelem terjedése és a fogyasztói szokások átalakulása miatt – idézi a Business Insider cikkét az index. A következő...
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Brexit: the Cadbury chocolate may be smaller
Cadbury has said it may have to raise prices or shrink the size of its products after Brexit, but has committed to staying in the UK. Glenn Caton, who is...
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Economic cooperation can expand in many sectors between Hungary and Vietnam
About 100 domestic and Vietnamese companies carried out bilateral business talks within the Hungarian-Vietnamese Business Forum, organized by the Hungarian National Trading House on 23 March in Budapest. The event...
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Grant programmes for agricultural diversification
In the new grant scheme of the Rural Development Programme there is a HUF 36-billion budget for financing projects, such as stabilising the income of agri-businesses, and starting and developing...
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Russian expansion
Lenta, one of Russia’s leading grocery retailers managed to increase sales by 21.2 percent last year. In 2016 the chain opened 51 hyper- and 17 supermarkets. In December Lenta made...
Read moreOrganic farming gains momentum
The Hungarian Organic Culture Association and Takarékbank Zrt. signed a cooperation agreement: in the future the two parties will pay special attention to fostering programmes that promote the consumption of...
Read moreKSH: retail sales in January increased by 4.8 percent
In January, the volume of retail stores increased by 4.8 percent, according to the raw data, while calendar effect adjusted increased by 3.8 percent, compared to the same period of...
Read moreNGM Deputy Minister of State: the growth of retail sector is continuous for 43 months
Retail turnover is continuously increasing for 43 months. The above average January sales growth is due to the fact that because of higher wages that arrived in February, confidence increased...
Read moreSzázadvég: the economy may expand with 3.6 percent this year and with 3.4 percent in 2018
According to the latest forecast of the Századvég Gazdaságkutató Zrt. economic researcher, the Hungarian economy in 2018 may grow by 3.4 percent this year and by 3.6 next year. If...
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The Association of Hungarian Brewers would whiten the beer market with the Association of Small Breweries
In the wake of HVG’s article, the Association of Hungarian Brewers turned to NAV’s Excise Department in a letter. The Association of Hungarian Brewers compiling the major domestic beer manufacturers...
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The Agárdi Pálinkafőzde has become the winner of the Hungarian National category at the Destillata
The Agárdi Pálinkafőzde has become the Hungarian National winner at the Central Europe’s largest distillate competition, the Destillata in Austria – Wolfgang Lukas, the director of the event organizer company...
Read moreNÉBIH: there is a shortage of eco seeds
There is a shortage of domestic propagated eco seeds, so it is worth to the seed producers to register their products on the National Food Chain Safety Office’s (NÉBIH) database...
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The liquidator advertised the mill of the Sikér Zrt. in Szekszárd
The liquidator, the National Reorganization Nonprofit Kft. advertised the mill of the Sikér Malomipari Zrt. in Szekszárd. According to the notice published in the Official Gazette (Magyar Közlöny), the target...
Read moreGerman consumer sentiment worsened in April
The increase in inflation decreased the consumer sentiment index in April below the expected level – according to the GfK market research institute. In April, the GfK German consumer sentiment...
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This year the Government provides 40.5 billion HUF to the state companies to raise wages
The Government provides 40.46 billion HUF this year to the state-owned companies to raise wages and in the next few years these companies will be given significant sources to implement...
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Unilever for a circular economy
Unilever announced that by 2025 all of the packaging material they use will be fully reusable, recyclable of compostable. At the same time the company asked FMCG product manufacturers to...
Read morePortugal to levy sugar tax on soft drinks
The Portuguese government expects to raise EUR 80 million for public health from introducing a sugar tax on soft drinks from 1 February 2017. The new tax would apply to...
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Italian wines in the US market
Last year 2.53 million hectolitres of Italian wine was sold to the USA. Although Italy’s wine export reduced by 0.5 percent in volume, it augmented by 3.1 percent in value...
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Spar is flying high with its own brands
Spar Austria informed that last year they sold twice as many from the company’s private label energy drinks than from Red Bull products. Last year 45.7 million S-Budget energy drinks...
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Optimistic US consumers
A Bloomberg survey has revealed that US consumers are more optimistic than ever before in the last 15 years. 36 percent of respondents said the US economy is going in...
Read moreThe future of grocery retail chains?
Tesco opines that grocery retail chains can only survive if they pay bigger attention to supplying restaurants, online selling and serving individual needs. The British retailer plans to acquire Booker...
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Magazine: Piquant flavours on the Easter table
Christmas, Easter and the summer barbecue season are the three most important periods in wet condiment (mayonnaise, mustard, ketchup, horseradish, etc.) sales. Amarillisz Vlahosz, junior brand manager of Unilever Hungary...
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