Company and Personal News
Hungarian-Russian negotiations on food security in Budapest
Bognár Lajos, Deputy Minister of State of the Ministry of Agriculture (FM), and Alexei Alekszejenko, deputy leader of the the Russian Federation’s Federal Veterinary and Phytosanitary Supervision (Rosszelhoznadzor) were discussing...
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The Hungarian television advertising market is expecting a single-digit growth this year
The Chairman of the Hungarian Electronic Broadcasters Association (MEME) predicted a “correct, but single-digit” growth for the Hungarian television advertising market this year. Kovács Krisztián stated that they do not...
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The Reál Hungária Élelmiszer Kft. and the Milk Product Council signed an agreement
The Reál Food Hungária Kft. – after becoming a member of the Milk Product Council on 19 March – concluded a cooperation agreement on 29 April with the Milk Interprofessional...
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The fisheries management operational program aims to increase fish consumption
The Hungarian Fisheries Management Operational Program is soon to be completed. The program aims to double the current domestic fish consumption of about 5 kilogrammes per capita – Viski József,...
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Rising cocoa prices on the world market
Cocoa prices rebounded strongly despite another set of data signalling a drop in demand for beans this time from Asia, where the grind fell even further than in Europe...
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Hungarian trading houses were opened in Namibia and Zambia
The Head of Communications of the Hungarian National Trading House Plc. (MNKH) informed MTI on Friday that the government opened two Hungarian trading houses on Thursday in accordance with the...
Read moreSzékely Festival in the Millenáris Park
Cultural activities, dance house, puppet theater and culinary demonstrations and exhibitions await the visitors of the Székely Festival that begins on Friday in the Millenáris Park in Budapest. At the...
Read moreGMO corn seed was found in a consignment in Kecskemét
GMOs (genetically modified organisms) contaminated maize seed was found in a shipment, ordered by a Kecskemét-based company. The National Food Chain Safety Authority (Nébih) seized the shipment worth 10 million...
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Magazine: Tens of billions in promotional revenue – but how much comes from extra sales?
In Hungary from the sales of certain high-turnover categories more than 50 percent is realised in promotion. Do promotions generate extra sales or do manufacturers destroy value with the many...
Read moreThe owners of small shops will benefit from Sunday store closure
The mandatory Sunday rest day will provide new jobs in trade. The regulation brought a positive turn to small shops – the Napi Gazdaság wrote in its Wednesday edition. Pichler...
Read moreThe majority of the domestic consumers are open for online food shopping
One in six Hungarian consumers have purchased food products available in online retail, which were shipped to home. Apart from them, more than half of the Hungarian consumers are prepared...
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The cooperation of a Hungarian and an Italian family will reshape the European mineral water market
Central Europe's largest mineral water bottler, the Czech Karlovarské Mineralni Vody Group (KMV) and the Szentkirályi Ásványvíz Kft. will cooperate in order to jointly continue the expansion in Hungary and...
Read moreMore pigs than before
Thanks to the swine strategy, the domestic pig population started to grow. The goal is to double the number of animals by the end of the decade – the Minister...
Read moreThe government do not averse to change the law on tobacco shops
The government is ready to initiate changes to the tobacco shop law, if it is found that there is a causal link between the dark folies on the tobacco shop...
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The domestic game meat processing capacity should be increased
The domestic game meat processing capacity should be increased, because a part of the exported Hungarian venison is exported abroad unprocessed, however they could be sold as ready meat too...
Read moreSome pesticides are killing pollinating insects with much more intensity than pests
Some pesticides are killing pollinating insects with much more intensity than pests – according to the European Academies Science Advisory Council, (EASAC). The Hungarian Academy of Sciences (MTA) also represented...
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The Syngenta opens its new European Financial Centre in Hungary
After signing the lease agreement, the Syngenta has officially announced that the company will open its new European Financial Centre in Budapest. In the first step, the Swiss company will...
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Less apple crop is expected in Szabolcs county
In the country's largest apple-growing region, Szabolcs county many people did not carry out the necessary technological operations, so apple crop may reduce. Takács Ferenc, President of the North-East Hungarian...
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Vodafone Hungary suspends its proposed ads on TV2
The Vodafone Magyarország, which is actively taking part in defending women's rights publicly protesting against the scenes occured on 24 April in the Éden Hotel reality show of TV2 as...
Read moreThe Romanian Prime Minister threatens the department store chains with a special tax
Victor Ponta Romanian Prime Minister threatened the department store chains in Romania with a special tax, if it is proved that they try to take advantage of the reduction of...
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Improving exchange rates in foreign trade, but domestic capital is still in waiting
According to a forecast by GKI Economic Research, despite that the Hungarian GDP grew rather rapidly at 3.5 percent last year, a slowing down commenced already in the 3rd quarter...
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Improving performance by Auchan
Last year Auchan Hungary’s gross turnover was HUF 326 billion – this includes sales by 19 stores and 16 petrol stations. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose...
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Sunday store closure has been extended to World Heritage sites
The government is extending the ban on Sunday working in trade to World Heritage sites in its bill submitted to the National Assembly on Tuesday. Vámos György, the General Secretary...
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The fruit and vegetable sector closed a good year in 2014
The fruit and vegetable sector closed a good year last year, mainly due to favorable weather conditions; the volume of production totaled 2.97 million tons – Ledó Ferenc the president...
Read moreThe OKSZ proposes an amendment to the law, due to the foil on tobacco shop windows
The law does not require to put dark folies on the tobacco shop windows, but while looking from the outside into the shop tobacco products should not be seen –...
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Six hundred million HUF for fisheries management tasks
The Ministry will give six hundred million HUF for fisheries management-related tasks, and to support programs and procurement – Fazekas Sándor Minister of Agriculture announced on Monday in Tiszafüred. Fazekas...
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Coca-Cola's iconic bottle kisses domestic stars
The famous Coca-Cola bottle is celebrating its100th anniversary in 2015. This time Hungary’s icons will celebrate as well. The “Kiss Happiness” campaign continues with the participation of Hungarian celebrities who...
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A legislation may limit the consumption of energy drinks
The government plans to develop a legislation to limit the consumption of energy drinks – Rétvári Bence, Minister of State of the Department of Human Resources, responded to an MP....
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