News and articles
Nine award-winning Hungarian wines to debut at Tesco’s Central European wine festival
Tesco exported 20 000 bottles of award-winning Hungarian wines for its September wine festival to its Czech, Polish and Slovakian department stores. The wines won “Best Buy” recognition at the...
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Nespresso: periodic Mini Boutiques to be opened in the autumn-winter period
In September, Nespresso opens three new periodical Mini Boutiques in Budapest. Based on the experience of previous years, the consumers can get their favorite coffee capsules more convenient, and faster,...
Read moreThe Révész-Nyírlog Kft. builds a logistics warehouse in Nyíregyháza from almost 8 billion HUF
The Révész-Nyírlog Logistics, Trading and Services Kft. builds a logistics warehouse in Nyíregyháza with a net 7.8 billion HUF cost, using state support as well. The more than 52 thousand...
Read moreKPMG: European family businesses are optimistic
Despite the low growth environment and difficulties in the labor market, the European family businesses are flexible and successful – according to KPMG’s survey. The leaders of family businesses believe...
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Young Leaders to compete again
Last year’s Young Director of the Year tender – that was announced for the first time – surpassed all expectations in interest, so the announcers are optimistic regarding the number...
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The indigenous small livestock development project is near completion
The indigenous small livestock development project has many results, including the breeding indicators of the indigenous turkey have improved opposite to the hybrid turkey – was said on Tuesday in...
Read moreTobacco shop robbers were arrested in Szabolcs County
Four suspects were arrested in Szabolcs-Szatmár-Bereg County who robbed eight national tobacco stores – the press office of the police told MTI on Tuesday. According to the information the robberies...
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Slowdown in GDP growth in the euro area
In the second quarter, GDP growth slowed in the euro zone and in the European Union – according to the report of Eurostat published on Tuesday. According to the third...
Read moreRomanian retail sales grew by more than 10 percent in July
The sales volume of Romanian retail expanded with 11.7 percent in July in a year over year comparision. The seasonal and calendar effect adjusted value shows a 13.8 percent growth....
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ninja of the kitchen and a balloon – Video of the day
We love a good knife skills video at FDL HQ – is there really anything more mesmerising? For us knife skills are the art of the kitchen and we love...
Read moreTesco takes a step towards the wellness sector
Tesco has started cooperating with health and well-being product specialist Holland & Barrett. A Holland & Barrett pilot store has already opened in the Tesco Extra in Dudley (United Kingdom)....
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Private label products in danger
In Europe the market share of private label (PL) products is shrinking by 0.6 percent every year – pointed out a study by market analyst company IRI. PL products are...
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San Benedetto is Italy’s market leader
San Benedetto has become Italy’s market leader in the soft drink category. Last year the company’s share from total sales was 15.1 percent, 1.1 percent bigger than before. Not only...
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Coca-Cola performs well in the USA
In the second quarter of 2016 Coca-Cola Co.’s sales dropped 5.1 percent, by USD 11.5 billion. All regions performed worse than before, with the exception of North America, where sales...
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Penny Market: a smart solution for 20 years
Discount store chain Penny Market is owned by German group REWE, which employs 330,000 people in 20 European countries and operates more than 15,000 stores. Penny Market is 20 years...
Read moreKSH: an increase in retail sales in July
According to the raw data the volume of retail turnover in July, increased by 2.7 percent. The calendar effect adjusted data rose by 3.8 percent compared to the same period...
Read moreNGM: retail continues to grow for 37 months
Retail are continuously growing for more than three years. The annual voulme of retail trade increased by 4.9 percent compared to last year's January-July period – the Deputy Minister of...
Read moreDepressed prices on the honey market
Less than average honey was produced this year, but the purchase price is still low. The Hungarian beekeepers are selling the honey on depressed prices and want EU action against...
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The state provides support to the connecting of the food and beverage vending machines into the online system
According to the Economy Ministry's decision state aid will be guaranteed to the connecting of the the food and beverage vending machines into the online system – Varga Mihály, Minister...
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The proportion of lactose-free products is increasing
The growing sales shows that buyers today are not only choose organic foods because of health considerations – Magyar Nemzet Online wrote. Although, more and more Hungarian suppliers can be...
Read moreAbout thirty wineries and fifty programs are waiting the visitors of the Villány Red Wine Festival
About thirty renowned wineries and fifty cultural and music programs are offered to the participants of the Villány Red Wine Festival, which will take place for the 27th time between...
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The performance of consumer markets in the EU continued to improve
The performance of consumer markets in the European Union continued to improve, however, there are still serious differences between the individual Member States – according to the European Commission’s report...
Read moreHungary and Romania to coordinate agricultural diplomacy
Hungary and Romania will coordinate their agricultural diplomacy efforts in the planning and shaping of the EU’s agricultural policy (CAP) – Fazekas Sándor, Minister of Agriculture and Achim Irimescu Romanian...
Read moreIndia and China may also introduce VAT
The Value Added Tax (VAT) originally comes from France. India introduces the VAT next year, while China is switching to the new system these days – Magyar Nemzet Online wrote....
Read moreRetail sales increased by 1.6 percent in the Czech Republic in July
In July, retail sales increased by 1.6 percent on an annual basis in the Czech Republic – the Czech Statistical Office announced on Monday in Prague. Compared to the 6.3...
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Scientists may found the substitute for cocoa beans
Those who are addicted to chocolate will be happy; scientists may have found a way to solve a potential impending shortage of cocoa – privatbankar.hu wrote. Scientists may have found...
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Investor sentiment improved in the euro area
The improved sentiment index of September reflecting the finish of the Brexit-effect – according to the Sentix investor survey. In September, the investor sentiment index of the Sentix economic research...
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The ancient form of Chinese pasta-making – Video of the day
The traditional way of making noodles. They were real artists when making Chinese noodles....
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COOP’s new head of purchasing
As of 1 August 2016 Attila Szabó is the new head of purchasing at CO-OP Hungary Zrt. 39-year-old Mr Szabó has many years of experience in the FMCG sector. He...
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