Successful year for SPAR

Successful year for SPAR

With its 13,000 workers SPAR Hungary is one of the biggest employers in Hungary. At the end of 2016 the retailer operated 345 SPAR supermarkets and 32 INTERSPAR hypermarkets. Sales...

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Penny Market: development and a new logistics centre

Discount supermarket chain Penny Market celebrated its 20th birthday in 2016. Hungarian Penny Market stores were modernised and the 207th store opened last year. Penny Market is now busy building...

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Youthful marketing from Rossmann

In 2016 Rossmann realised a two-digit sales growth once again, the drugstore chain won the Superbrands recognition and based on consumer feedback they scored the highest brand equity index among...

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Lidl: quality and good prices

Lidl Hungary’s story started in 2004 with 12 stores and a logistics centre. Presently shoppers can choose from nearly 1,400 products, from fresh baked goods made in-store to healthy foods...

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Innovative development from dm

Mariann Józsa, dm’s director of purchasing and marketing told our magazine that dm’s last fiscal year was characterised by innovative development projects. For instance they updated their smartphone app, making...

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CBA’s new strategy

Since early 2016 Vilmos Lázár has been sitting in the presidential seat of CBA instead of László Baldauf. The new leader brought a new strategy with him, in the spirit...

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2016 was a busy and successful year for Auchan

Auchan Hungary operates 19 hypermarkets and 18 petrol stations. 2016 was a milestone year for the retail chain, because in October they launched their online shop. CEO Dominique Ducoux told...

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More modern, more comfortable and greener ALDI stores

ALDI continues the store modernisation programme that they started last year. Bernhard Haider, managing director of ALDI Hungary told our magazine that thanks to the new interior design of stores,...

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Analysts: investments have increased in record numbers

All expectations are far surpassed by the first-quarter growth in investments this year, which is a record – Macroeconomic analysts told MTI. According to the latest data of the Central...

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Hungarian agricultural exports over eight billion euros

Hungarian exports of agricultural products were over eight billion euros last year, while the foreign trade balance closed with 3 billion euros positive, despite the avian influenza has had a...

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Restrictions on avian influenza have been lifted in Hungary

Restrictions on avian influenza have been lifted in Hungary – the Ministry of Agriculture (FM) told MTI on Wednesday. According to the information, the domestic and EU poultry deliveries can...

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Spar’s franchise network expanded with 13 units over five months

In the first five months, the Spar franchise network has expanded with 13 units and the company plans to open new businesses for the rest of the year – the...

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Cerbona icreased its earnings and profits last year

The Cerbona Élelmiszeripari Kft. Increased its revenues and profits last year. Its revenue has become more than 3.4 billion HUF, and its pre-tax profit was 251 million HUF – the...

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MNB: corporate and retail borrowings increased in the first quarter

The growth in corporate lending continued in the first quarter. The volume of loans in terms of transactions increased by 4 percent. The lending dynamics of the household sector also...

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A campaign to be launched to promote rabbit meat consumption

A national campaign to be launched to promote rabbit meat consumption – the Minister of State of the Ministry of Agriculture announced at a professional conference in Kaposvár. According to...

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The MGYOSZ launches a national series of events for the development of vocational training

The National Association of Employers and Industrialists (MGYOSZ) is launching a national series of events for the development of vocational training in September. The National Association of Employers and Industrialists...

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The Grain Alliance has a new chairman

Kiss Péter, managing director of the ADM Agrár Kft. has replaced the former chairman, Lakatos Zoltán in the executive chair – the secretary-general of the Hungarian Grain Processors’ Association (Gabonszövetség)...

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The rate of inflation has declined in the euro area

According to the preliminary data, the rate of inflation has fallen in the euro area in May, according to Eurostat, the statistical office of the Union. Consumer prices rose by...

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The abolition of cigarette machines is under consideration in Austria

Debate began on the abolition of public cigarette machines in Austria, politicians have so far declined to comment on this issue – the Der Standard Austrian newspaper wrote. Apart from...

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Why do couples who cook together stay together longer? – Video of the day

In our #ILoveToCook series, in partnership with Green Chef, we’ve been telling you how the art and science of cooking is one of the healthiest things you can do. Besides...

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Bath Association: The revenues of the Hungarian baths increased last year

According to the results of the Hungarian Bath Association, 8 percent higher turnover was achieved by the members of the alliance last year. The growth in all the baths was...

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Euronics’ network was among the first to fulfill online cashmachine requirements

Sorry, this entry is only available in HU....

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Magazine: Roundtable discussion organised by BKIK

The Budapest Chamber of Commerce and Industry organised a roundtable discussion in February, inviting the representatives of the associations MVI, MNGSZ, VIMOSZ and VOSZ. A second round of talks was...

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NAK wants us to eat more mushrooms

In June the Hungarian Chamber of Agriculture (NAK) organised a promotion campaign for retailers (Auchan, CBA, LIDL, METR O, SPAR, TESCO) and mushroom growers. Hungarian mushroom consumption is very low, 1-1.5kg...

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KSH: increasing investments in the first quarter

In the first quarter of this year, the volume of investments exceeded the low base of the same period of the previous year by 34.1 percent, when a 14.9 percent...

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The sowing area of maize and wheat decreases

Maize and wheat were sown on almost three thousand less hectares of land this year in Tolna County. The sowing area of the autumn wheat fell by nine thousand hectares,...

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Instant transfer from 2019

Instant transfer is planned to be launched from 1 July 2019 in Hungary. The complex cash flow development can fundamentally change our everyday lives. The new system will be able...

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The Füstlizer has arrived!

One of the most significant players in the Hungarian meat market, the Sárvár-based Sága Foods Zrt. has been building the Sága brand on the products of higher quality. The main...

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