News and articles
Large companies also contribute to the digitalisation of the SME sector (Part 2)
How can large companies support SMEs in going digital? In the last few years banks also tried to convince customers to start using the latest technological solutions. The many online services...
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Nébih: the case of contaminated dairy products is treated as a threat at the moment
At the moment, the National Food Chain Safety Office (Nébih) has no information whether the milk would be contaminated in certain chains of stores or that anyone would be sick,...
Read moreThe Chamber of Agriculture calls for a sectoral co-operation, due to African swine fever
To reduce the economic damage caused by African swine fever, the National Chamber of Agriculture (NAK) calls for sectoral co-operation – Éder Tamás, vice president of the organization told M1...
Read moreThe EU wants higher tax on tobacco products
An at least a 5.4 percent increase in the excise tax on cigarettes in Hungary would meet the expectations of the European Union – Falcsik István tax consultant told Világgazdaság....
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Things to watch when you order a wedding cake
Couplea often do not pay enough attention when choosing a wedding cake, besides choosing a venue, clothes and ornamentation. The temperature, the taste of the guests or the attribute of...
Read moreDay of open cellars in Kőszeghegyalja
The 10th Kőszeghegyaljai Open Cellar Day will be held on 20 May In Kőszeg, from the Pogány hill to Cák, in the area of the famous wine cellars with the...
Read moreRomania imports more and more food products
Last year, the Romanian agricultural trade deficit was 853.9 million euros, 53 percent higher, compared to last year’s 557.4 million euros – the Romanian Ministry of Agriculture announced on Sunday....
Read moreThe Romanian beer market grew by 2 percent last year
Last year, Romanian beer consumption increased by 2 percent to 16.11 million hectoliters, according to the Romanian beer producers’ association. Average beer consumption per capita was 82 liters in 2017....
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Domestic hotels closed a great first quarter
Domestic hotels closed an outstanding March and first quarter. All important indicators showed significant growth, according to the latest quarterly analysis of the Hungarian Association of Hotels and Restaurants (MSZÉSZ),...
Read morePrices will increase at the Lake Balaton this year
This year, tourists will face a significant increase in prices at the Lake Balaton. According to an expert interviewed by Magyar Idők, the rising costs and labor shortages cause problems,...
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A salary difference of nearly 80 thousand forints between discount stores and small shops
Among retail chains discount supermarkets pay their blue-collar workers the best: at Aldi, Lidl and Penny they got a gross HUF 257,000/month on average in February 2018. Auchan, Spar and...
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A new Starbucks was opened in the Ferenciek square
In addition to the business opened on Ferenciek square last weekend, the world-renowned coffee chain has 21 Hungarian members – Világgazdaság Online wrote. The 150-square-meter café combines the familiar Starbucks...
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Easter brought an egg price increase
In April 2018 consumer prices were 2.3 percent higher on average than a year before. In comparison with April 2017, food prices increased by 4.2 percent. Egg’s price soared by...
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Spring buzz in retail trade
In March 2018 like-for-like retail volume sales augmented by 8.5 percent; adjusted for calendar effects, the sales growth was 7.1 percent – reported the Central Statistical Office (KSH). Food and...
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Both vegetable and livestock product prices became higher in March
According to data from the Central Statistical Office (KSH), in March 2018 agricultural production prices were 2.5 percent higher than in the same period of 2017. This rise was the...
Read moreLess optimism among large companies
Optimism among domestic large companies slightly weakened – according to the first quarterly result of K & H’s corporate growth index. The year-on-year indicator of the largest domestic companies fell...
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Master course by French confectioners
The Guild of Hungarian Confectioners organised a master course with French confectioners for the 8th time this year. Denis Matyasy and Patrick Simeone gave courses for 2 and a half days...
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Russians are in need of seed importation
This year, the expected total yield of oilseeds can be boosted in Russia, according to the calculations of the US Department of Agriculture (USDA) – agrarszektor.hu wrote. Although they can...
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Rise in Hungary’s live cattle export
Hungary’s live cattle export was 73 percent higher in January-February 2018 than in the same period of 2017. The main buyers were Turkey, Austria and Croatia – we sold more...
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Magazine: The barbecue grills are already sizzling
Although manufacturers do their best to offer alternatives for the autumn-winter period, barbecues have remained a spring-summer thing, so the category of grill products is very much seasonal and sales...
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The value of trust is priceless in this category
The intimate hygiene category is characterised by a strong but vulnerable brand loyalty. According to Nielsen data, sales in the category were up more than 2 percent in volume and 3...
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Showered with fragrances (Part 2)
Brand manufacturers are of the opinion that in the shower gel category the three most important buying decision making factors are price, brand loyalty and product fragrance. According to Réka...
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Good bye, calories!
2017 was an exceptionally good year in the Hungarian iced tea market. Nikoletta Buzder-Lantos, marketing manager of Fővárosi Ásványvíz- és Üdítőipari Zrt. told our magazine that sales were up nearly 6 percent...
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Beef exports increased
While the dairy herd stagnates, beef cattle has a renaissance in Hungary – agrarszektor.hu wrote. The wide range of subsidies, a market free of greater crisis and relatively low investment...
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Chamber of Agriculture: the competitiveness of the poultry sector can be ensured through developments
The competitiveness of the poultry sector can be ensured through developments and investments – Zászlós Tibor, vice-president of the National Chamber of Agriculture (NAK) told at a professional conference on...
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The government and MKIK are preparing for another agreement
Like the previous two cycles, the Hungarian Chamber of Commerce and Industry (MKIK) wants to conclude a cooperation agreement with the new government – the president of the chamber said...
Read moreErste Bank regards the agricultural sector as a strategic area
Erste Bank considers the agricultural sector as a strategic area and helps small and medium-sized enterprises operating in the sector with a fast, easy-to-apply loan facility – Fórián Zoltán, Head...
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Landliebe expands with mixed fruit yogurts
The premium quality Landliebe expands its product range with small, mixed yogurts. The selected fruit and fresh milk products will be available in four flavors. The 150 grams of glassy...
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Dunapack Hungary’s retired leader, the former president of CSAOSZ won Lifetime Achievement in Packaging Award
Galli Miklós, former President and CEO of Dunapack Magyarország won Lifetime Achievement in Packaging Award at the 100th Annual General Meeting of the World Packaging Organisation (WPO) on 2 May...
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New partner at Boyden’s office in Hungary
Szalókyné Tóth Judit is the new Partner, who joins to the Boyden Executive Search office in Hungary and to the Boyden Global Consumer and Retail Practice Group. Judit is working...
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