News and articles
Software company to conquer the world from Budapest
Like-for-like sales of business administration software company Kulcs-Soft were up 16 percent at HUF 768 million in the first half of 2017. The company’s profit increased by 19 percent. Kulcs-Soft’s latest product...
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Tesco lowers the sugar content of its soft drinks
Tesco has significantly reduced the sugar content of its 42 private label soft drinks: from October Tesco stores only sell soft drinks with maximum 5g sugar per 100ml. Thanks to this...
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SPAR commercial wins prize in Cannes
SPAR Hungary’s television commercial for the company’s Regnum meat processing plant won a Silver Dolphin at the Corporate Media & TV Awards in Cannes. This year there were several hundred commercials...
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Intersnack buys 200 tons of Hungarian seasoning paprika this year
Intersnack, the manufacturer of Chio and PomBär products, is buying 200 tons of ground seasoning pepper from Hungarian producers this year. The paprika is transported to Intersnack’s factory in Germany...
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Auchan raises wages again
Auchan Retail Hungary has concluded an agreement with the Trade Union of Commercial Employees (KASZ) and raises the wages of store staff by 13.6 percent as of 1 November 2017. The...
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Penny Market logistics centre opens in Veszprém
On 17 October Penny Market opened their new logistics centre in Veszprém. The 10-hectare facility was built from a HUF 9-billion budget and created 150 new jobs. The new logistics centre will...
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Three SPAR stores reopened
SPAR Hungary invested more than HUF 1.2 billion in modernising a store in Kisbér and another two in Budapest. Head of communications Márk Maczelka told: SPAR will continue their shop modernisation...
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Tesco against breast cancer
In October Tesco joined the fight against breast cancer: as part of the Go Pink! international campaign, between 1 and 31 October those who buy mushroom with the pink sticker...
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New marketing and sales directors at HEINEKEN Hungária
Since 11 September András Palkó has been the director of HEINEKEN Hungária Zrt.’s marketing and trade marketing division. In his new position Mr Palkó also manages the operations of the retail...
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Big city dreams
Drugstore chain Rossmann has launched their first private label bed linen set. The set is called Urban Legend and items are made from high-quality textile, with decoration inspired by emblematic Budapest...
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Banana, rolls and toothbrush were the hit products in summer ALDI stores
ALDI opened temporary stores at three summer music festivals (VOLT, Balaton Sound, Sziget) and at the 17th FINA World Championships, which served more than 200,000 customers. Top products included banana, cherry tomatoes,...
Read moreKSH: Retail sales increased more than previously expected
In August, retail sales volume grew by 4.7 percent over the same period of the previous year, according to the raw data and calendar effect adjusted – according to the...
Read moreThis year’s maize yield has decreased by at least a quarter
This year’s maize yield decreased significantly, by 25-30 percent, compared to last year’s record, but quality is still good – the Concordia Közraktár Zrt. told MTI on Tuesday. According to...
Read moreNGM: Growth in retail sales may continue
Growth in retail sales may continue in the next few months, fueled by the upcoming holiday season and the boost in the construction industry – Pomázi Gyula, the Deputy Minister...
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The cooperation of self-regulatory organizations increases faith in advertising for 25 years
The EASA (European Advertising Standards Alliance) was founded twenty-five years ago. Today, 97 percent of the European citizens are able to quickly and efficiently handle complaints about advertising by self-regulation....
Read moreAtradius: GDP can increase by 3.5 percent next year
Next year, the Hungarian economy may grow larger than expected, and growth will outperform most of the Central and Eastern European economies the Atradius Credit Provider forecasts. According to the...
Read moreGlobal wine production hits 50-year low
Due to the bad weather conditions in western Europe, this year’s world wine production is expected to decrease by 8 percent reaching decades-long lows, according to a survey of the...
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Hungarian competitiveness has improved
Since 2003, the World Economic Forum publishes the competitiveness ranking of countries in the world. This year, the organization surveyed a total of 137 countries. Hungary has improved 9 place...
Read moreGKI’s growth index has declined
In October, the GKI’s economic activity index fell slightly in October compared to its historic peak of September. This is a consequence of the deterioration of business expectations, however consumer...
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Hungarian exports can exceed 100 billion euros
This year, the growth in Hungarian exports is dynamic again: from the 71 billion euros of 2010 it will increase above 100 billion euros, by the end of this year....
Read moreHungarians continue to be espresso-consumers
The regular restaurant guests consume coffee at the end of lunch or dinner – tozsdeforum.hu reports Nespresso’s representative HORECA coffee consumption survey. The Hungarian population is still characterized by espresso-consumption,...
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23 percent of women buy shoes in Chinese stores
In the last six months, Hungarians bought average 2.3 shoes, but the number is greatly varied depending on the number of children in the household – GfK told vg.hu. In...
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Milka’s new wavy chocolate is made in Székesfehérvár
Milka Waves, the company’s new wavy chocolate tablet is made in the Székesfehérvár factory for the whole European market. The new product was officially launched on 22 September László Pál, factory...
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Hundreds of millions of hectares are waiting for agriculture in Africa
This year, Akinwumi Adesina, Chairman of the African Development Bank, received the World Food Prize. The international recognition was founded in 1970 by the Nobel Peace Prize winner Norman E....
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Growth in the euro area has slowed
The performance of the private sector in the euro area has slowed down in October slightly, but employment has been expanded to a decade high level. According to the first...
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Once again WMF cookware available in SPAR’s loyalty promotion
Top-quality WMF ProfiSelect cookware is available to shoppers in SPAR Hungary’s new loyalty point collecting campaign, which started on 5 October 2017 and lasts until 24 January 2018. For each HUF...
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ALDI supported the Go Pink initiative for the fifth time
ALDI Hungary took part in the international breast cancer awareness raising campaign, called Go Pink, for the fifth time this October. In October from the price of each pink-tray Bio-Fungi mushroom...
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Waterfall-themed restaurant – Video of the day
The Labassin Waterfall Restaurant is hosted by the Villa Escudero Resort located in Tiaong, Philippines. Guests can order a one-day package for $100 to dine at this waterfall restaurant. They...
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A bit of magic from Medve
Cheese brand Medve came out with a 6-episode video series in early September, calling attention to the values of the product using simple magic tricks. From 9 October the campaign continues...
Read moreTesco reaches agreement with trade unions
On 13 October Tesco and the trade unions concluded an agreement on a plan that concerns both the interests of employees and long term, sustainable development. The draft contains the tasks...
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