Company and Personal News

How did it start and where are we now?

The first period was the one before Hungary’s accession to the European Union (1994-2004), when the main task was preparing for the challenges after accession. This period was characterised by...

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Tchibo – community coffee experience

Per capita coffee consumption isn’t exceptionally high in Hungary, but the level of penetration and consumers’ quality expectations are high indeed. Ágnes Rajnai, marketing director of Tchibo told that we...

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Good performance from oral and body care products

Sales improved in the 70 household chemical and cosmetics categories audited by Nielsen: values sales were up 6 percent and volume sales increased by 2 percent in the HUF 165-billion...

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Grocery retail back on form

After the negative trends of the past five years the Nielsen Retail Index registered growth in retail volume sales in Hungary this year. In Q1 2014 volume sales were 1.6...

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Nielsen: the shopping mood of the Hungarians increased slightly in the third quarter

Seven of ten Hungarian consumers (72%) believe that the country is currently in an economic crisis; among other things, it explains teh lower shopping mood of the Hungarians, compared to...

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KSH: agricultural producer prices decreased by 5.1 percent in September

In September, the agricultural producer prices decreased by 5.1 percent, compared to the same period of 2013 – the Central Statistical Office (KSH) told MTI on Wednesday. According to the...

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Less and less space for new entrants on the domestic e-commerce market

The six biggest sectors of online retail carried out 63 percent of the estimated annual turnover in the first nine months of 2014. Mostly the participants of the toy /...

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Fazekas Sándor discussed about the increase of food exports in Shanghai

Fazekas Sándor Minister of Agriculture negotiated in Shanghai about the expansion of the export opportunities of Hungarian products to China. Fazekas Sándor also opened a major wine exhibition in Shanghai....

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The Coca-Cola HBC is among the best performing companies in the fight against climate change

The Coca-Cola HBC Group has officially entered among the best performing companies in the global fight against climate change. The beverage manufacturer recently entered to the forefront of the CDP...

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The Mammut Shopping Centre prepares for the Christmas shopping fever

The Mammut Shopping and Entertainment Centre is preparing for the Christmas shopping fever with huge novelties. This year, thousands of square meters of retail space to be transformed in order...

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Smart Shelf, the new wonder weapon of the traders

The techical solution that supports the sales with a software becomes available to the Hungarian traders as well. The solution “tells” where the products are worth be put on the...

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High online trade sales on Singles' Day

China's online retail giant Alibaba says it has pulled in 9.3billion USD in sales from its annual 'Singles' Day' shopping event, BBC reports. On Tuesday, the firm said that its...

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More cheerful and attractive new design for Tesco Value products

Tesco’s first-price private label product range, Tesco Value has been revamped. The first such products appeared in Hungary 15 years ago and since than consumer habits have changed, so the...

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The CBA is committed to keep the Sunday closure

The reconciliation continues on the free Sunday initative of the Christian Democratic People's Party (KDNP), which can reach its final form for early December – Rétvári Bence, vice president of...

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KSH: consumer prices fell by 0.4 percent in October

The consumer prices were an average 0.4 percent lower in October than a year earlier, while compared to September, consumer prices decreased by 0.3 percent – the Central Statistics Office...

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The share of online shopping from abroad is increasing significantly

This year Hungarians had to pay VAT or customs duty for 42 thousand packages that were ordered from abroad. This figure shows a 60 percent growth, compared to the same...

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The law on the establishment of shopping centers may change

The government submitted the bill amending the licensing of commercial buildings, the new law will enter into force on the first of January 2015. The proposal relates to commercial structures...

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The cheeses of Kőröstej won gold and silver medals at the International Cheese Olympics

The CheeseMakers and Dairy Professionals Association of Austrian and international experts organized the international “Käsiade” cheese competition in Hopfgarten, Tyrol for the 12th time this year. At the so called...

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The EP committee voted for the possibility of extending the ban on GMO legislative amendment

The Environment and Public Health Committee of the European Parliament (EP) on Tuesday voted for the possibility of extending the ban – changing the current rules – on GMO legislative...

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The rain slows down the corn harvest

Nearly half of the planted corn has been harvested in Komárom-Esztergom county. The works are going slowly, due to the moisture content of grains and due to the fuzarium infection...

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British sandwich factory: “We recruit not only Hungarians”

On Monday, one of the largest food company in the UK denied that they recruit only Hungarian labor force to their UK-based sandwich factory. The Irish-owned Greencore, which produces 430...

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After a complete overhaul SPAR supermarket reopens in Mammut shopping centre

SPAR Hungary’s stunning futuristic store was redesigned in cooperation with SPAR International and SPAR Austria. The new store, which opened on 28 August, utilises cutting edge technological solutions and complies...

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Hungarian Product Grand Prize: intellectual property in focus

The Hungarian Product Grand Prize was awarded for the 17th time this year to enterprises with innovative products or services. This year 66 entries of 66 companies were rewarded with...

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What to wear at the first date: the case of the ski suit

When I am asked what to pay attention to at the first date, my answer is always this: it is like a job interview because you may only get 1...

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A record number of runners at the Pick Running Festival

The PICK Utcai Futófesztivál (PICK Road Running Festival) has grown into one of the largest mass sport event of Szeged. The 13th Pick Running Festival held on 28 September on...

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The acceleration of the foreign trade turnover surprised the analysts

The revival of foreign trade turnover in September surprised analysts, but they see the reasons differently. The Central Statistics Office (KSH) on Friday reported that after the slowing of August,...

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Support to the development of meat processors

Grants can be claimed for the technological development of the meat processors from 10 November and for the prevention of animal diseases grants can be claimed from January 2015 –...

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Hungarians do not change jobs

According to the Randstad Mobility Index, a recovery can be observed on the global labor market, but the Hungarian people are reluctant to change jobs. The global labor market trends...

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“Hungarian product” partner meeting at the Bodor manor

The key word and trend of the coming period is innovation. The country’s leadership and the EU also sees the breakout point of Europe, including Hungary if significant improvement occurs...

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New tequila on the market!

100% agave is used to produce this Sierra Antiguo Plata Tequila in a double distillation taht makes the spirit crystal clear. “Hencho en Mexico” is the lable put on the...

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