News and articles
Useful and practical promotional gifts
Date: 2017-01-10 10:34:29
Absolut Gift’s experience is that companies try to spend their gift budget in a well-planned manner. They tend to choose small products in large numbers, which are easy to put...
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Hostess services market: higher expectations
Date: 2017-01-10 10:31:23
High-level services and transparent operation. This is the reason why they have customers that plan for the long term and have high expectations, because they say that shoppers identify the...
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Better-than-average trends
Date: 2017-01-10 10:28:57
In the first three quarters of the year 200m² and smaller shops had a 27-percent share in the retail value sales of grocery categories audited by Nielsen. However, from candy...
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Sales remain concentrated
Date: 2017-01-10 10:27:27
Cream retail sales were realised in the value of HUF 7 billion in January-September 2016. Like-for-like value sales rose 3 percent and volume sales got 4 percent better. Cream sales...
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Stable market positions
Date: 2017-01-10 10:24:03
Liver and sandwich spread sales went above HUF 7 billion in the last two 9-month (January-September) periods. Like-for-like value sales didn’t change bur volume sales decreased by 1 percent. The...
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Successful Hungarian craft beer
Date: 2017-01-10 10:21:27
Budapest beer company HopTop Brewery won a bronze medal in the Dry Stout category with their Midnight Express beer at the prestigious European Beer Star competition. This is the first...
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Provident: Christmas budget increased in 2016
Date: 2017-01-09 11:44:43
According to the research of the Provident Pénzügyi Zrt. carried out during the holidays with the participation of 500 respondents, Christmas budget of the households increased slightly in 2016, compared...
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Changes in the structure of milk foreign trade
Date: 2017-01-09 11:40:48
In Hungary, the imports of milk and dairy products increased by five percent, while revenue from exports increased by three percent in the first nine months of 2016, compared to...
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The ALDI gives its customers more again
Date: 2017-01-09 11:25:37
The company decreased the price of poultry meat and eggs by 22 percent from the first of January 2017. On the basis of the food VAT reduction entering into force...
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Tesco is looking for the Best Community programs of 2017
Date: 2017-01-09 11:16:50
Tesco announces its “You choose, we help” tender program for the second time, to support local community initiatives. NGOs can apply for the tender with programs promoting healthy lifestyle, children...
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The SPAR and the KASZ agreed on the wage increase
Date: 2017-01-09 11:13:42
The SPAR Magyarország Kereskedelmi Kft. and the Commercial Employees’ Union (KASZ) agreed on the 2017 wages. The rapid negotiations prove that the parties had similar intentions and ideas. According to...
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There is no New Year without salt mixes
Date: 2017-01-09 11:12:43
During New Year’s Eve, the demand for salty snacks and chips increases. One of the most popular snack is the mix consist of crackers, small salted pretzels and salt sticks....
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AMC: the “first swallows” can fly until the end of January!
Date: 2017-01-09 11:10:00
The Agricultural Marketing Centre (AMC) has extended its “first swallow” discount period, so until 31 January 2017 exhibitors can apply to the 78th National Agricultural and Food Exhibition (OMÉK) on...
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Wheat sown area hardly changed
Date: 2017-01-09 11:09:15
According to the EU’s statistical office, winter wheat seeds were sown on 24.2 million hectares in the European Union last year, which is the same as in 2015. According to...
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Atmedia acquires MSC
Date: 2017-01-09 11:08:30
From 1 January, Lukács Csaba the Managing Director of the Atmedia Kft. fills the Managing Director post of the MSC Kft., because the market leader Hungarian TV commercial house becomes...
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US online retail had a record-breaking holiday season
Date: 2017-01-09 11:00:53
Retailers reached a record 91.7 USD billion in online sales over the holidays, which is a 11 percent increase, compared to last year. Mobile devices reached 28.4 billion USD revenues,...
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VAT decreased to 19 percent in Romania
Date: 2017-01-09 11:00:52
The value added tax was reduced by further one percentage point, from 20 to 19 percent in Romania from Sunday. The one percent special tax on industrial buildings and the...
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Nielsen: competition between home and restaurant meals
Date: 2017-01-09 10:25:45
Eighteen percent of the respondents surveyed by Nielsen told that they eat in restaurants at least once a week or more. Thirteen percent of the respondents eat two to three...
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NBAC: 7.4 percent of the sales revenue is lost due to counterfeiting in the EU
Date: 2016-12-22 11:03:51
7.4 percent of the sales revenue (48 billion euros) is lost every year because of counterfeiting and different forms of piracy in the European Union – the National Board Against...
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130-billion funding budget in the Rural Development Programme
Date: 2016-12-22 10:51:51
Approximately HUF 130 billion worth of financial resources will be made available to businesses within the framework of the Rural Development Programme. So far 41 schemes have been started from...
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Swiss Krono’s new wood processing plant starts production
Date: 2016-12-22 10:48:10
Swiss Krono Group invested HUF 30 billion in building a factory that manufactures OSB panels in Vásárosnamény. State-of-the-art production technology is used in the new factory, where more than 100...
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Changes in subsidies tied to production
Date: 2016-12-22 09:55:40
The conditions of subsidies tied to production and greening are going to change next year, so that farmers will be able to comply with the rules more easily. For instance...
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State Horse and Model Farm established in Mezőhegyes
Date: 2016-12-22 09:50:23
After a government decision in November, the state bought back the Mezőhegyes State Horse Farm Zrt. for HUF 2 billion (it had been privatised in 2004) and merged it with...
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Everything you wanted to know about the Christmas gift shopping
Date: 2016-12-21 11:59:16
Christmas is the most beautiful time of the year. Gift-giving is an integral part of Christmas, so the MOM Park with the contribution of GfK Hungária was searching for the...
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Nielsen: 41 percent of the Hungarians believe that it is worth to by premium products
Date: 2016-12-21 11:58:15
Intense and uniquely aromatic arabica coffee, leaf tea on the highest degree of tea culture, sourdough bread made with great care or capsule washing powder. For example, most of the...
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GKI expects a 3 percent growth in the economy and a 5 percent in consumption next year
Date: 2016-12-21 11:45:09
The Hungarian economy is essentially proceed along the path indicated in September. Due to the decline in EU subsidies, the 2 percent GDP growth of 2016 is one of the...
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Hundreds of thousands people are buying at petrol stations during the year-end holiday season
Date: 2016-12-21 11:34:27
In the Christmas period up to 25 percent more buyers can visit the supermarkets of the gas stations open around the clock, who this time spend nearly a third higher...
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FM: the quality of bakery products can be improved, due to the amendment in the Hungarian Food Codex
Date: 2016-12-21 11:30:06
The regulation about the mandatory specifications of the Hungarian Food Codex was amended, which covers the regulations on bakery products as well. Thanks to the amendment higher-quality breads and bakery...
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KSH: the rise in earnings has continued
Date: 2016-12-21 11:20:13
The gross average wage increased by 5.4 percent in a year and was 262.2 thousand HUF in October, while net earnings due to changes in the rules of personal income...
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