Other
More wholesalers and fewer farmers at the Budapest Wholesale Market
The Budapest Wholesale Market had opened in 1991 and last year 460,566 tons of produce was sold there by farmers and wholesalers. In the last 27 years the number of seller...
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Quality work done at BA-HA-MA’S
BA-HA-MA’S Kft. was established in 1994. In 2017 the most important market change for the company was the poultry VAT cut in the retail trade sector and the hospitality VAT reduction in...
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ANGRO launches online store with more young partners in mind
ANGRO Nagykereskedelmi Kft. launched its online shop in 2017 – by using this retailer partners can save time and energy. Managing director György Rokszin’s experience is that there are more and more...
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Last year was a good one for wholesalers too
In 2017 not only retailers had a good year, but also the wholesalers that serve both the retail and the Horeca segments. Wholesalers sold products for HUF 1,000-1,200 billion to Horeca...
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18th BUSINESS GOLF CHAMPIONSHIP
On 16 June Bük was the venue of Perla Service’s popular Business Golf Championship event. More than 300 guests and golfers came to the programme, where Italy was the guest country...
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A different office – but ULINK is the same!
This May was no different than the fifth month in former years: May is a ULINK month, the month when members of a special network meet – those who used...
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Hungarian Product can become even bigger business
Minister of Agriculture István Nagy told at the Agóra conference: we can only exploit the potential of the Hungarian food industry if production becomes more efficient and consumers buy even...
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(HU) Még lehet pályázni: MagyarBrands 2018 – a legkiválóbb hazai márkák!
Sorry, this entry is only available in HU....
Read moreKSH: the growth of retail sales continues
Retail sales, calculated on unchanged price increased by 4.3 percent in April, compared to the data of a year before. Seasonally adjusted retail sales – mainly due to the Easter...
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The Ministry of Finance proposes decreasing milk VAT and increasing public health product tax
The Ministry of Finance has submitted its bill on tax changes for next year – Varga Mihály Finance Minister informs. In line with the government’s goal of charging the most...
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Mastercard: mobile payment is becoming more and more popular in Hungary
Mobile payment in Hungary is becoming more and more popular: Hungarian cardholders have been using mobile phones for one-touch payments much more times than in the first five months of...
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Here are the most successful marketers
The Marketing & Media magazine has compiled the top list of most successful home marketers for the third time this year. This year, nearly a quarter of the rankings changed,...
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SPAR is the sponsor of the U18 European Athletics Championships
There is barely a month left until the U18 European Athletics Championship, which starts in Győr on 5 July. The SPAR International has been a major sponsor of European Athletics...
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Leadership change at PwC Magyarország and in the company’s regional management as well
Nick Kós becomes the leader of PwC’s Central and Eastern European (CEE) region of 29 countries from 1 July 2018, who leaves PwC Magyarország’s CEO post after six years. His...
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Hungary continues to expand its agricultural relations with Africa
Research and business cooperation, as well as the existing forms of knowledge transfer can provide a solid foundation for the further development of Hungarian-African agricultural relations – Farkas Sándor, Minister...
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Luxembourg is the richest, Bulgaria is the poorest country in the EU
Although somewhat reduced, there is still a huge difference between the richest and poorest countries in the European Union, between Luxembourg and Bulgaria. In terms of purchasing power parity, the...
Read moreThe Agrokémia Sellye Zrt. will expand its capacity from more than half a billion HUF
The Agrokémia Sellye Zrt. – manufacturer of – plant protection products is expanding its capacity with more than half a billion forints investment – the company informed MTI. According to...
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World’s first plastic-free grocery aisle opens in Amsterdam
Dutch grocery chain Ekoplaza has installed an entirely plastic-free supermarket aisle in its Amsterdam store, to help shoppers cut down on plastic packaging. They realised the project in partnership with British...
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Aldi and Lidl accept the challenge
Aldi and Lidl have reacted to the merger of Sainsbury’s and Asda that caused quite an excitement in British retail. After Sainsbury’s had announced that basic goods would become 10...
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Cash-free payment in Iper hypermarkets in Italy
Italian hypermarket chain Iper launched a cash-free payment service in all 27 stores. The platform is called Jiffy, it can be used via smartphone and requires shoppers to have a...
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Blockchain-based payment system – now in an app, too
British online payment platform Nuggets can now also be used in the form of a mobile app. The ‘Alpha’ app runs only on iOS at the moment. Nuggets utilises blockchain...
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Lidl enters the Serbian market
Lidl Srbija has opened its first logistics centre – built from EUR 55 million – in Nova Pazova. The first Lidl discount supermarket will also open this year and 15...
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Kellogg’s to leave Venezuela
Kellogg’s has decided to quit the Venezuelan market due to the deepening economic recession. Kellogg’s isn’t the first multinational company to take this step, as a strict price freeze policy...
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Tesco UK to ban non-recyclable plastic packaging
Tesco UK has informed suppliers that from 2019 they will only sell products in recyclable plastic packaging. PVC, polystyrene, PLA and water soluble organic plastic packagings will all be banned....
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Spar enters the Maltese market
Spar International has teamed up with the local Azzopardi Group to open its first supermarket in Marsaxlokk. Spar Malta plans to open 3 more shops this year and altogether 23...
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Croatian grocery chain Studenac bought by Polish company
Polish Enterprise Fund VIII has acquired a 100-percent share in grocery store chain Studenac In 2017 Studenac operated 384 stores in Croatia with sales above EUR 200 million. FMCG sales...
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Walmart strengthens positions in India
For USD 16 billion Walmart is going to buy 77 percent of the shares in Indian online shop Flipkart. This is Walmart’s biggest investment abroad so far. They are competing...
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Food delivery market gets livelier in Romania
Several market players have entered the Romanian food delivery market recently. Uber Eats started in mid-May in Bucharest. A week later Spanish application Glovo followed. Back in early March Carrefour...
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Amazon makes a beauty move in Brazil
Amazon has started talks with Brazilian beauty industry giants Grupo Boticario and Natura Cosmeticos SA – the company would like to sell their products on its platform. Sales in the...
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Starbucks’ plans in China
Starbucks has revealed plans of doubling the number of coffeehouses in China and tripling revenues in the next 5 years. By 2022 Starbucks would like to operate 6,600 cafés in China....
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