News and articles

Cake of Hungary

The Guild of Hungarian Confectioners organised the Cake of Hungary contest for the 12th time, to celebrate national holiday 20 August in style. New and creative ideas were welcome by the...

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Dessert competition

The Sirha Budapest Dessert Competition took place on the last day of the trade fair, which was organised for the third time by Zoltán Kolonics, one of Hungary’s most famous...

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Ádám Pohner will represent Hungary in the European final of Bocuse d’Or

One of Sirha Budapest’s highlights was the Hungarian final of the Bocuse d’Or chef competition. Several hundred people were cheering for the country’s best chefs, who were cooking from ingredients purchased...

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Event Gastronomy Championship

On the first day of the Sirha Budapest trade exhibition the 1st Hungarian Event Gastronomy Championship: International Catering Cup – Hungary Selection contest was organised. Four event gastronomy companies qualified for...

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The best chefs in public sector catering

Eurest Budapest was the team that won the ‘Public Sector Catering Competition 2017-2018’ on 9 February. The National Food Chain Safety Office (NÉBIH) and the National Association of Public Sector Catering...

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Sirha Budapest, 2018: A culinary capital for three days

Already the third Sirha Budapest trade show was organised this year at the Budapest Fair Centre. There were more than 20,000 trade visitors at the event, to see what more than...

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Spar Northern Ireland transports refrigerated products more efficiently

Spar UK’s Northern Ireland franchise owner, Henderson Group, has upgraded its refrigerated delivery fleet with sustainable units developed by the refrigeration company Thermo King. The new, more efficient Thermo King SLXi 300...

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Henkel’s record breaking 2017 fiscal year

Henkel realised record breaking EUR 20.029-billion sales revenue in the 2017 fiscal year. The company’s organic sales growth was a strong 3.1 percent in this period. Henkel’s adjusted operating profit...

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FrieslandCampina acquires its Chinese affiliate

Dutch dairy company FrieslandCampina has announced acquiring a 100-percent share in its Chinese affiliate Friesland Huishan Dairy (FHD). FHD was established in April 2015 and manufactures and sells infant formula...

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Metro AG reports growth for the first quarter

German company Metro AG has announced that sales were up 0.2 percent in the 1st quarter at EUR 10.1 billion; like-for-like sales increased by 0.8 percent. Earnings before interest, taxes,...

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Nestlé buys majority stake in Terrafertil

Swiss company Nestlé has announced acquiring a majority share in Ecuador-based health foods company Terrafertil, which has a large portfolio that includes the Nature’s Heart brand. Then founders will continue...

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Spar Austria keeps expanding

Austrian FMCG retailer SPAR realised gross EUR 14.64-billion sales revenue in 2017, 6.5 percent more than in 2016. The growth was driven by expanding existing shops and acquiring 40 Billa...

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Lidl to invest 200 million euros in Ireland

Lidl is going to invest EUR 200 million in Ireland in the months to come. One of the development projects is building a new distribution centre in Newbridge from EUR...

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Maxi wins My Choice Award in Serbia

The programme of the Serbian tourism organisation and the country’s Chamber of Commerce and Industry rewards those who do the most for domestic products and brands. More than 1,900 consumers...

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Unilever completed buying Quala’s care division

With this move – which was announced in May 2017 – Unilever acquired leading South American brands such as Savital, eGo, Bio-Expert, Fortident and Aromatel. Unilever CEO Paul Polman told:...

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KSH: the rise in agricultural producer prices continued to slow in January

In January, agricultural producer prices rose 2.1 percent, compared to the previous year, due to a 2.6 percent increase in plant products prices and the 1.4 percent increase in the...

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Nielsen: the market of own-branded products has gained a new impetus

The Hungarian consumers purchase commercial brands from pet foods and kitchen towels. The market of commercial brands has gained a new impetus in term of the sales of global retail...

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Meat Association: the performance of the meat industry decreased by 2.9 percent last year

The performance of the meat industry dropped by 2.9 percent in 2017. The economic impact of the poultry flu played a decisive role in the downturn – Éder Tamás, Social...

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The MNKH and the National Center for Agricultural Research and Innovation signed a cooperation agreement

The Hungarian National Trading House (MNKH) and the National Center for Agricultural Research and Innovation signed a cooperation agreement in Budapest on Tuesday, aiming to make the MNKH internationally known...

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Deloitte: optimism characterizes the largest companies in the region

The financial executives of the Central European companies are more optimistic about their business prospects than at any time in the past three years, and the main reason for the...

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Thirty percent more loans were granted by the Takarék Group last year

A total of 410 billion forints new loans were released last year by the Takarék Group, almost 90 billion forints and 30 percent more than in 2016. According to the...

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Fidelity: corporate confidence at record heights

The confidence index of the world’s largest companies for this year reached heights has not seen for five years – according to Fidelity International’s latest survey. Despite the increase in...

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The field of Bocuse d’Or Europe was announced

The field of this year’s European final of the Bocuse d’Or International Cooking Competition was published; the Hungarian contestant, Pohner Ádám can compete in Turin on the first day of...

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FAO: Conflicts and weather patterns strain food security

High levels of food insecurity persist in the world, due largely to conflicts and to adverse climatic shocks that are taking a toll, particularly in East African and Near East...

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Hungarian wine-success in Paris

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Ötvenmillárdot költhetnek a nyugdíjasok Erzsébet utalvánnyal

A nyugdíjasok már 50 milliárdot költhetnek el Erzsébet utalvánnyal, hiszen kétszer kapnak, ami pedig tekintélyes hányada lehet az Erzsébet utalványos piacnak. Ez az élelmiszer és vendéglátó piacnak, ahol az Erzsébet...

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Fries, a foot long – Video of the day

Harajuku Gyoza in Australia serves fries that are almost a foot long....

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Retail trade turnover declined in December in the euro area

Retail sales declined slightly, a bit higher than expected in December compared to the previous month in the euro area. The European Union’s Statistical Office (Eurostat) announced on Monday that...

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Hungarian online retail’s value exceeds 1.2 billion euros

While sales increased by 6 percent in traditional retail, online retail sales soared by 18 percent in Hungary last year, passing the HUF 360-billion threshold. From total sales the share of...

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Alza focuses on fast delivery and a large selection of products

Czech company Alza.cz is a trendsetter and market leader in the domain of e-commerce. This is indicated by not only their record net sales of EUR 820 million last year, but...

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