News and articles
An average year for fruits and a good one for vegetables
Date: 2017-12-01 20:13:11
According to Ferenc Ledó, president of the Interprofessional Organisation for Fruit and Vegetable (FruitVeB), 2017 was a good year for the vegetable sector and medium one for the fruit segment. Nearly...
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The Hungarian Treasures programme is building a community
Date: 2017-12-01 20:09:14
In 2017 HUNGARIAN PRODUCT Nonprofit Kft. has launched a new series of programmes: Hungarian Treasures offers one-day tours for partners, introducing some of the country’s cultural, natural and historical values. These tours...
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Trademark users are already making plans for 2018
Date: 2017-12-01 20:06:45
In 2018 HUNGARIAN PRODUCT Nonprofit Kft. will organise a nationwide prize game for consumers, implement a continuous in-store communication campaign and actively participate in the government programme that popularises Hungarian food...
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GfK: the regional differences between the incomes spent on food are considerably smaller than the general difference
Date: 2017-12-01 20:00:42
Some factors have a fundamental influence on the performance of retail chains: location, the performance of workers, floor space, product selection, the competitive situation and purchasing power. GfK analyses the...
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Hungarian Product: more than just a trademark
Date: 2017-12-01 19:59:38
HUNGARIAN PRODUCT Nonprofit Kft. was established in 2006 and since then its programme has become Hungary’s biggest and best-known certification scheme for product origin. In 2017 they will implement a major marketing...
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Retail sales up 5.6 percent
Date: 2017-12-01 19:56:13
In October 2017 like-for-like retail volume sales augmented by 5.6 percent; adjusted for calendar effects, the sales growth was 6.2 percent – reported the Central Statistical Office (KSH). In January-September...
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Food prices increased by more than 3 percent
Date: 2017-12-01 19:46:51
In October 2017 consumer prices were 2.2 percent higher than in October 2016. Food prices increased by 3.3 percent. The price of cheese grew by 8.1 percent, pork’s price was...
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Lasting economic power
Date: 2017-12-01 19:23:48
According to Péter Sebesta, president of the Association of Hungarian Deep-freezing and Canning Industry (MHKSZ), with its HUF 160-170 billion output the sector contributes about 10 percent of the Hungarian...
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GKI’s economic confidence index approaches a record level again
Date: 2017-12-01 19:15:19
In November GKI’s economic confidence index neared its historic peak of September. In the business sphere the industry was the only segment where the confidence index didn’t rise. Willingness to...
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A flour-sensitive industry
Date: 2017-12-01 19:09:59
According to Zsófia Pótsa, general secretary of the Hungarian Grain and Seed Association (MGTKSZ), the Hungarian milling industry processes less than 1.2 million tons of wheat a year. Just in comparison:...
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For the future
Date: 2017-12-01 19:01:01
In the last few years ecological farming was developing fast in Hungary. Dr Péter Roszík, vice president of the Hungarian Biocontrol Association told our magazine that their mission is to represent...
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Dairy market turns from supply-driven to demand-driven
Date: 2017-12-01 18:52:56
Zoltán Harcz, managing director of the Dairy Board informed us that the number of dairy cows increased by 1 percent in 2017. Milk production had been growing at the beginning of...
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More funding available in the fishing industry
Date: 2017-12-01 18:33:34
Ferenc Lévai, member of the presidency of the Hungarian Aquaculture and Fisheries Interbranch Organisation and CEO of Aranyponty Zrt. told: in 2016 fish was cultivated in lakes covering an area of...
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Unilever’s acquisition in the USA
Date: 2017-12-01 18:30:58
Unilever strengthens its hair and skin care portfolio by buying the brands of US company Sundial. New York-based Sundial realises annual sales of USD 240 million. The company plans further...
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Charcoal-coated toothbrush from Spar
Date: 2017-12-01 18:25:35
Spar Austria has announced that they are launching a new private label toothbrush brand, called Beauty Kiss. The new toothbrush is covered with a natural cleansing agent, charcoal: it has...
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Coca-Cola makes a bid for Amazon customers
Date: 2017-12-01 18:19:52
Coca-Cola keeps developing the online shopping experience, trying to increase online sales with special marketing efforts and offers. John Carroll, Coca-Cola’s general manager for e-commerce told: we are living in...
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Black Friday in Germany
Date: 2017-12-01 18:12:49
According to the calculations of the German Retail Federation, the Black Friday and the Cyber Monday that followed resulted in EUR 1.7 billion worth of extra sales....
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Lidl is developing the fastest in the British market
Date: 2017-12-01 18:10:36
Lidl has been the fastest developing retailer in the United Kingdom for five consecutive quarters. Lidl’s sales increased by 15.1 percent last year. The discount supermarket chain now has a...
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The poultry industry is booming again
Date: 2017-12-01 17:57:15
Dr Attila Csorbai, president and managing director of the Hungarian Poultry Product Board informed that because of the bird flu more than 3 million chickens, ducks, turkeys and geese had...
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Croatian giant
Date: 2017-12-01 17:39:07
Croatian consortium Agrokor performed better in every segment (food, agriculture, retail and wholesale) in the first three quarters of 2017. Sales revenue in retail and wholesale reached EUR 1.52 billion....
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Italian wines in Russia
Date: 2017-12-01 17:35:31
Demand for Italian wines is growing rapidly in Russia. In the first eight months of 2017 sales soared by 45.6 percent. This year Russia became the sixth biggest market for...
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The state of play in the meat industry
Date: 2017-12-01 17:29:48
Edit Menczel, secretary of the Livestock and Meat Interprofessional Organisation and Marketing Board (VHT) revealed that production prices in the pig sector grew in 2017, because of which processing companies...
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Cuban flavours from Nestlé
Date: 2017-12-01 17:28:04
Nestlé has announced a new investment in Cuba: the company is going to build a factory 45km from Havana until 2019. Nescafé, Nestlé fitness snacks, Nesquik instant drinks and Maggi...
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Less for more
Date: 2017-12-01 17:24:05
In the first nine months of the year Parmalat’s sales grew by 5.5 percent and the company closed the first three quarters with USD 4.839 billion revenue. However, volume sales...
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Premium beers sell well
Date: 2017-12-01 17:20:03
Although total sales of Carlsberg decreased by 4 percent in the 3rd quarter, the category of premium beers did very well. Volume sales of Tuborg were up 5 percent, Carlsberg’s...
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Southern expansion
Date: 2017-12-01 17:17:57
In 2017 SPAR invested approximately EUR 50 million in Croatia. The CEO of Spar Hrvatska stressed that the investments would continue in 2018. At the moment the retail chain has...
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Programmes at Sirha Budapest
Date: 2017-12-01 17:09:03
Bocuse d’Or Hungarian final The international chef competition’s Hungarian final will take place on 8 February. In the prestigious competition the following chefs will compete to decide who will represent Hungary...
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They got used to success
Date: 2017-12-01 16:59:08
Tibor Bial director Czech Trade Tibor Bial, director of CzechTrade’s Budapest office informed our magazine that they are present at 3-4 of Hungexpo’s trade exhibitions every year. These presences are always very...
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Tesco to sell nearly 8,500 tons of apples this year
Date: 2017-12-01 16:54:43
This year Tesco is expected to sell 8,500 tons from 14 types of apple. Almost 90 percent of the apples sold in Tesco stores are supplied by growers from Szabolcs-Szatmár-Bereg and...
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Growth strategy transforms Invitech Solutions
Date: 2017-12-01 16:53:32
Invitech Solutions – a member of the Invitel Group – wishes to increase its share in the domestic ICT market. To this end the company has created a single sales...
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