News and articles
Hungarian meat exports to be launched to the Philippines
After lengthy negotiations, three Hungarian companies received authorization to begin the export of Hungarian meat to the Philippines – Szijjártó Péter Foreign Economic Relations and Foreign Minister announced on Tuesday...
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High Street on Hudson – Video of the day
Conjure the “classic” image of a tasting menu, and it probably consists of multiple courses, pressed white tablecloths, and multiple forks of varying sizes. But the team at New York...
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All EU proposals will be announced by the end of the week
Until 2020, the country will receive approximately 9 thousand billion HUF from EU funds, while roughly three thousand billion HUF will be from the state budget – Bánki Erik (Fidesz),...
Read moreThe Slovak stores will be closed on all public holidays
The Slovak legislature on Tuesday in Bratislava approved the amendments to the Labor Code, which extends the store closure on public holidays. The amendment tabled by the ruling coalition take...
Read moreLondon remains the world’s leading financial center
According to the latest investor survey London is still the world’s top financial services center, but only because the outcome of the US presidential election caused as much damage to...
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Hungary is taking part in a project aimed at the development of innovative home care products and services
Hungary is taking part in a Hoca (development of innovative home care products and services) project. The program is implemented with the support of the European Union’s European Regional Development...
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New CEO at LeasePlan Hungária
One of the leading fleet management company in Hungary, the LeasePlan Hungária Zrt. has a new CEO from 1 April 2017. The new CEO will be Pesti Tímea, the former...
Read moreRising food prices in the world market
Once again the FAO food price index grew in February – for the seventh month in a row – and the increase was mainly driven by rising wheat and corn...
Read moreBudapest Bank remains a Tesco partner
Tesco Hungary signed another 3-year partnership agreement with Budapest Bank. In the last 6 years Budapest Bank provided consumption loans and bank account services to several hundred thousand Tesco customers...
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Wine trader buys Márton and Daughters
Wine trader Veritas and Péter Bárány, former sales director at Rézangyal Kft. purchased 50 percent of premium pálinka brand Márton and Daughters. János Márton continues to distil the pálinkas, but...
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Henkel’s record year
In the 2016 fiscal year Henkel realised record sales revenue of EUR 18.714 billion. Sales exceeded the level of 2015 by 3.5 percent. Adjusted for currency fluctuations, sales revenue increased...
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This year Garfield brings mysteries to SPAR stores
The theme of SPAR’s 8th Garfield sticker collecting album will be the world’s unsolved mysteries, outer space and the mystical side of nature. On 65 pages 200 stickers will have...
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Nielsen: The market continues to grow
Fruit juice retail sales were up 8 percent in value and the size of the market exceeded HUF 52 billion between February 2016 and January 2017. In the same period...
Read moreThe sales of the Hungarian breweries increased by 2.5 percent last year
Last year, the sales of the Hungarian breweries increased by 2.5 percent. Mainly the exports pulled the sales. According to the beer market indicators published by the Association of Hungarian...
Read more(HU) GKI: 2,5 éves csúcsára jutott a konjunktúraindex márciusban
The GKI sentiment index is increasing for the fifth consecutive month in March. There were no significant changes, but the index reached its peak of the past 2.5 years –...
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SPAR renewed communication
The SPAR Magyarország has launched a new image campaign with the new “Quality. I Love It” slogan from 23 March. The campaign emphasizes the core values of the business chain....
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NGM: the growth in household incomes is faster than growth in retail
The strengthening of Hungary is indicated by the increase in household income that exceeds the growth of retail. The data indicates that the propensity to save of the households remains...
Read moreThe Csíki Sör and Heineken agreed on the use of the Csíki Sör brand name
The Csíki Sör Manufaktúra beer manufactory and the Heineken Romania agreed on the use of the Csíki Sör brand name – the Csíki Sör Manufaktúra published on its community site....
Read moreChamber of Agriculture: frost damages can be reported until 15 April
The farmers can claim compensation for frost damages until 15 April; the notification of frost damages will be no longer be possible after the deadline – the National Association of...
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Museal items at the Badacsony wine region’s wine tasting in Budapest
Thirty wineries debut in addition to the more recent vintages with museal items at the tasting called Badacsony in New York on 5 April in the New York Palace in...
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NGM Minister of State: a strong surge in investment is expected in the next few years
Powerful surge in investment is expected in the next few years, Hungary’s investment rate will be over 20 percent in the long-term – Hornung Ágnes, Minister of State of the...
Read moreThe grain-processing plant in Tiszapüspöki will be raedy for the summer
The grain-processing factory of the Tisza-TK Projekt Kft. in the outskirts of Tiszapüspöki is expected to be completed in the summer from about 45 billion HUF – the Managing Director...
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Brexit – British food sector: a free trade agreement with the EU is essential
According to the British food producer and retail networks, the sector will definitely need a free trade agreement with the European Union after the termination of the British EU membership....
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The foundation stone of Hungrana’s new new biomass power plant was laid in Szabadegyháza
With the one and half billion HUF investment the Hungrana Kft. will one hundred percently fulfill its steam and heat demand used for the production. Fazekas Sándor Minister of Agriculture...
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Well PR gets METRO job
Well PR won METRO Hungary’s invitational tender, and from the beginning of the year they have been responsible for the 13-store wholesale chain’s full communication strategy. METRO’s B2B communication focuses...
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The finalists of Hungary’s Cake and Hungary’s Sugar-Free Cake contest were selected
Hazelnut, chestnut and fruit taste combination cake creations qualified among the finalists of Hungary’s Cake and Hungary’s Sugar-Free Cake contest on Monday in Budapest. To the finals of the competition,...
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Less sugar in Nestlé products
Until 2020 Nestlé will reduce its sugar use in Europe by 18,000 tons. As a result of this decision, the sugar content of the company’s products will drop 5 percent...
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New Hungarian startup
It was the Startup Capital Programme of Hiventures, the venture capital management fund of the Hungarian Development Bank (MFB) that financed the startup which developed the detergent and cleaning product...
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dm brands take winner to Dubai
dm brands will take the lucky winner of the drugstore chain’s Facebook game to Dubai. All dm customers had to do was buy any of dm’s private label products and...
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Wanzl’s new managing director
As of 1 March 2017 Edit Nagy is the managing director of Wanzl Hungary. Ms Nagy used to be the company’s sales director. Wanzl was established in Germany in 1947...
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