News and articles
Lasting economic power
Date: 2017-12-01 19:23:48
According to Péter Sebesta, president of the Association of Hungarian Deep-freezing and Canning Industry (MHKSZ), with its HUF 160-170 billion output the sector contributes about 10 percent of the Hungarian...
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GKI’s economic confidence index approaches a record level again
Date: 2017-12-01 19:15:19
In November GKI’s economic confidence index neared its historic peak of September. In the business sphere the industry was the only segment where the confidence index didn’t rise. Willingness to...
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A flour-sensitive industry
Date: 2017-12-01 19:09:59
According to Zsófia Pótsa, general secretary of the Hungarian Grain and Seed Association (MGTKSZ), the Hungarian milling industry processes less than 1.2 million tons of wheat a year. Just in comparison:...
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For the future
Date: 2017-12-01 19:01:01
In the last few years ecological farming was developing fast in Hungary. Dr Péter Roszík, vice president of the Hungarian Biocontrol Association told our magazine that their mission is to represent...
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Dairy market turns from supply-driven to demand-driven
Date: 2017-12-01 18:52:56
Zoltán Harcz, managing director of the Dairy Board informed us that the number of dairy cows increased by 1 percent in 2017. Milk production had been growing at the beginning of...
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More funding available in the fishing industry
Date: 2017-12-01 18:33:34
Ferenc Lévai, member of the presidency of the Hungarian Aquaculture and Fisheries Interbranch Organisation and CEO of Aranyponty Zrt. told: in 2016 fish was cultivated in lakes covering an area of...
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Unilever’s acquisition in the USA
Date: 2017-12-01 18:30:58
Unilever strengthens its hair and skin care portfolio by buying the brands of US company Sundial. New York-based Sundial realises annual sales of USD 240 million. The company plans further...
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Charcoal-coated toothbrush from Spar
Date: 2017-12-01 18:25:35
Spar Austria has announced that they are launching a new private label toothbrush brand, called Beauty Kiss. The new toothbrush is covered with a natural cleansing agent, charcoal: it has...
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Coca-Cola makes a bid for Amazon customers
Date: 2017-12-01 18:19:52
Coca-Cola keeps developing the online shopping experience, trying to increase online sales with special marketing efforts and offers. John Carroll, Coca-Cola’s general manager for e-commerce told: we are living in...
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Black Friday in Germany
Date: 2017-12-01 18:12:49
According to the calculations of the German Retail Federation, the Black Friday and the Cyber Monday that followed resulted in EUR 1.7 billion worth of extra sales....
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Lidl is developing the fastest in the British market
Date: 2017-12-01 18:10:36
Lidl has been the fastest developing retailer in the United Kingdom for five consecutive quarters. Lidl’s sales increased by 15.1 percent last year. The discount supermarket chain now has a...
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The poultry industry is booming again
Date: 2017-12-01 17:57:15
Dr Attila Csorbai, president and managing director of the Hungarian Poultry Product Board informed that because of the bird flu more than 3 million chickens, ducks, turkeys and geese had...
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Croatian giant
Date: 2017-12-01 17:39:07
Croatian consortium Agrokor performed better in every segment (food, agriculture, retail and wholesale) in the first three quarters of 2017. Sales revenue in retail and wholesale reached EUR 1.52 billion....
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Italian wines in Russia
Date: 2017-12-01 17:35:31
Demand for Italian wines is growing rapidly in Russia. In the first eight months of 2017 sales soared by 45.6 percent. This year Russia became the sixth biggest market for...
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The state of play in the meat industry
Date: 2017-12-01 17:29:48
Edit Menczel, secretary of the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) revealed that production prices in the pig sector grew in 2017, because of which processing companies...
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Cuban flavours from Nestlé
Date: 2017-12-01 17:28:04
Nestlé has announced a new investment in Cuba: the company is going to build a factory 45km from Havana until 2019. Nescafé, Nestlé fitness snacks, Nesquik instant drinks and Maggi...
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Less for more
Date: 2017-12-01 17:24:05
In the first nine months of the year Parmalat’s sales grew by 5.5 percent and the company closed the first three quarters with USD 4.839 billion revenue. However, volume sales...
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Premium beers sell well
Date: 2017-12-01 17:20:03
Although total sales of Carlsberg decreased by 4 percent in the 3rd quarter, the category of premium beers did very well. Volume sales of Tuborg were up 5 percent, Carlsberg’s...
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Southern expansion
Date: 2017-12-01 17:17:57
In 2017 SPAR invested approximately EUR 50 million in Croatia. The CEO of Spar Hrvatska stressed that the investments would continue in 2018. At the moment the retail chain has...
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Programmes at Sirha Budapest
Date: 2017-12-01 17:09:03
Bocuse d’Or Hungarian final The international chef competition’s Hungarian final will take place on 8 February. In the prestigious competition the following chefs will compete to decide who will represent Hungary...
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They got used to success
Date: 2017-12-01 16:59:08
Tibor Bial director Czech Trade Tibor Bial, director of CzechTrade’s Budapest office informed our magazine that they are present at 3-4 of Hungexpo’s trade exhibitions every year. These presences are always very...
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Tesco to sell nearly 8,500 tons of apples this year
Date: 2017-12-01 16:54:43
This year Tesco is expected to sell 8,500 tons from 14 types of apple. Almost 90 percent of the apples sold in Tesco stores are supplied by growers from Szabolcs-Szatmár-Bereg and...
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Growth strategy transforms Invitech Solutions
Date: 2017-12-01 16:53:32
Invitech Solutions – a member of the Invitel Group – wishes to increase its share in the domestic ICT market. To this end the company has created a single sales...
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Coupons on mobile
Date: 2017-12-01 16:50:39
Mastercard launched the Priceless Specials programme in June 2015. It is now also available in the form of a mobile app. The app makes it possible to check it in...
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Southern Italy in focus
Date: 2017-12-01 16:50:26
Marco Bulf director of the ITA office in Budapest ITA (Italian Trade Agency) is a network of trade offices ran by the Italian state. Its task is to promote products ‘Made...
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Kométa appoints new domestic meat product sales director
Date: 2017-12-01 16:48:18
Due to the increase in sales turnover, Kométa will divide meat and meat product sales into two areas, which will be managed by two different directors. Newcomer Gábor Zab will...
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Automation at eMAG
Date: 2017-12-01 16:46:29
The logistics centre of eMAG in Üllő, which was built 2 years ago and already operates on 21,000m², is waiting for this year’s Black Friday and Christmas periods with 600,000...
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Tobacco retailers ask for delaying the introduction of standardised packaging
Date: 2017-12-01 16:44:03
On 7 November a conference was organised for National Tobacco Shop operators and their partners. It turned out that about 40-50 percent of tobacco shops are in a difficult situation, while...
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New version of NAK’s smartphone app launched
Date: 2017-12-01 16:41:44
As a result of the first phase of the NAK APP 2.0 project, the services which were formerly only available on the NAK website can now also be used on...
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METRO gives car to happy winner
Date: 2017-12-01 16:40:28
On 27 November László Török from Dunakeszi received the main prize of the METRO Winning Weeks prize game, a brand new TOYOTA Yaris Hybrid. Those METRO customers could participate in the...
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