News and articles

More balanced lemon juice market

The Olympos brand has been the strongest player in the lemon juice market for many years. Vilmos Várkonyi, group brand manager of Maspex Olympos Kft. told that the company’s most...

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Magazine: Sailing on the endless sea of flavours

In comparison with last year’s exceptionally positive trends, this year the Hungarian fruit juice market came to a bit of a halt. According to Nielsen, in the first half of...

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OKSZ: retail sales this year may grow by around 5 percent

The August expansion of retail sales was outstanding, the data shows that this year will be the third year in the sector, when growth reached or exceeded 5 percent –...

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FM: the Hungarian food industry’s potential is 60 percent higher than its performance

The Hungarian food industry’s potential is 60 percent higher than its current performance – the Deputy Minister of State of the Ministry of Agriculture (FM) said on Wednesday at a...

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Csányi Sándor: agriculture is a key area of the OTP Bank's activities

The Hungarian agriculture is one of the OTP Bank’s key area, therefore the Bank seeks to increase market share in this area – the Bank's CEO said on Tuesday in...

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Polish egg shipments will be checked by the NÉBIH

An alert arrived into the EU’s Rapid Alert System for Food and Feed (RASFF) about Polish eggs infected with salmonella. Because of the high food safety risk, Zsigó Róbert, Minister...

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FM: new quality-control action can be around Christmas

Inspectors will presumably carry out hold another quality control actions involving the beverage supply around Christmas – Zsigó Róbert, Minister of State, responsible for the food chain supervision at the...

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Agriculture ministers joined forces against the EU’s proposal

The agriculture ministers of the Visegrad Four countries and Bulgaria, Slovenia and Romania adopted a joint declaration in Warsaw on Wednesday, in order to withdraw the European Commission’s proposal that...

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The Tesco would banish paper receipts

Tesco is experimenting with an innovation that would eliminate the paper receipts. The supermarket chain is testing a system in which the company sends the receipt to our smartphone after...

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FM: request for the production of Csaba Sausage has not arrived yet

Legislation change request in connection with the production of the Csaba Sausage has not arrived yet to the Ministry of Agriculture (FM) – the ministry's interest told MTI on Wednesday....

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The GVH inspects advertisings appear in the social media as well

The Hungarian Competition Authority (GVH) will examine the communication contents that appear in the social media because the consumer is often unable to find out that whether it is a...

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57 percent of the Hungarian employers have difficulties in finding labor force, according to a survey

57 percent of the Hungarian employers responded that they have difficulties in finding suitable labor force. 32 percent of the Hungarian employers say that there are no candidates to the...

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Chocolate, coffee and energy drink VAT frauders were captured

VAT frauders were captured by the inspectors of the National Tax and Customs Office (NAV) who were selling chocolate, coffee and energy drinks – the NAV told MTI on Wednesday....

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Coca-Cola’s results surpassed the analysts' expectations

Coca-Cola posted earnings on Wednesday that beat analysts' estimates, but blamed strong international headwinds and political uncertainty for lower revenue. Net sales in the third quarter fell 7 percent from...

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14 day deadline at Tesco

T. M.: – A little more than a year ago Tesco brought its Central European businesses under one roof. What was the company’s objective with this restructuring? – The reason...

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Software update for online cash registers

It is the National Tax and Customs Administration’s (NAV) task to update the software used on online cash registers – the owners have no obligation whatsoever in connection with this...

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Tackling tax havens

According to the European Commission’s (EC) calculations, due to the special treatment offered by the Irish tax authorities, in 2003 the corporate tax rate for Apple’s European profits was 1...

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Magazine: Canned food has grown out of the tin box

Canned food is a large category, in terms of both content and area of use. According to Dr Sándor Szórádi, managing director of Szatmári Konzervgyár Kft., now that there are...

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Central Statistical Office: retail sales rose 5.8 percent in August

The volume of retail sales in August, according to the raw data increased by 5.8 percent, calendary effect adjusted rose by 4.3 percent compared to the same period of last...

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The debate on the national food marketing program ends in October

The social discussion on the national food marketing program ends in October – the Ministry of Agriculture (FM) told MTI on Tuesday. The ministry said in a statement that Nagy...

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The Auchan Magyarország invests 1.5 billion HUF into wage increase in 2017

The Auchan Magyarország Kft. and the Commercial Employees' Union signed an agreement under the company will carry out a wage increase from 1 November 2016 on the field of retail,...

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Intersnack buys more and more flour every year

The salt sticks made of wheat grown in the Little Plain reach 45 countries. The Intersnack Hungary Kft. (Chio) buys wheat from foreign producers to make flour-based products. The growing...

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Secrets from Heineken

Did you know that every second 50 000 people clink glasses with Heineken, and the star symbol in the brand's logo is the symbol of ancient brewing masters? Everyone all...

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XIXO winterizes

During the three years of market presence of XIXO, the company appears with newer and newer innovations. This winter the company introduces special limited edition tasted ice teas. The new,...

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The VOSZ urges an immediate reduce in contributions

The National Association of Entrepreneurs and Employers urges immediate reduce in contributions in the sectors that mostly contribute to economic growth – the National Association of Entrepreneurs and Employers told...

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NGOs in Debrecen collected several tonnes of durable foods

NGOs in Debrecen collected several tonnes of durable foods and distributed to the needy families – the co-chairman of the Board of the Debrecen Charity Organisation said on Tuesday at...

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Agricultural Logistics industrial park in Tiszasziget

An agricultural logistics industrial park will be created in Tiszasziget, in which a plastic processing plant will be built in a value of about 2 billion HUF – Ferenczi Ferenc...

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Hungarian National Day in Antalya

At an event of the World Expo taking place in Antalya, Turkey a Hungarian National Day was held on 24 October 2016. At the opening ceremony, Kiss Gábor, Hungary’ ambassador...

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Consumer confidence deteriorated in the world's largest economy

Deterioration in consumer confidence occured in October in the US economy, according to the sentiment index of the Conference Board research firm released on Tuesday. The October index decreased to...

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Lasagna-chips where even “the other way” is in a different way – Video of the day

In a soundproof room filled with microphones, the chef Massimo Bottura of The World's Best Restaurant, Osteria Francescana prepares a perfect dish — and serves it to a robot. This...

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