News and articles
The HELL won the MagyarBrands award this year again
Like last year, the HELL energy drink brand won the MagyarBrands award this year again. The product is a market leader in Hungary for more than five years. The one...
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The eMAG strnghtens with a new marketing manager
Hunyady László is the new marketing manager of eMAG from November. The expert intends to strengthen the role of the online store in Hungary, increasing customer experience. Hunyady László (41)...
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The XIXO received a MagyarBrands recognition again
After 2014, the XIXO won the MagyarBrands recognition again. The manufacturer of the Hungarian premium soft drink is HELL ENERGY Magyarország Kft.. The HELL ENERGY Magyarország Kft. always considered the...
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Dreher Breweries: excellent risk management
The Hungarian Credit Management Association gave the Credit Management Team of the Year award to Dreher Breweries’ receivables and risk management professionals. The recognition is the result of conscious construction:...
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GDP growth slowed in the euro area
The growth rate of gross domestic product (GDP) decreased in the euro area, while in the EU did not change in in the third quarter, compared with the previous three...
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One can apply to the festival of rentable stores by mid-December
The Nyitva! (Open!) festival of the Hungarian Contemporary Architecture Centre (KÉK) will be organized for the second time next spring. The organizers founded the Nyitva! (Open!) festival with the goal...
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The European Waste Reduction Week will be programs in each county
Within the European Waste Reduction Week this year a total of 473 waste-reduction and awareness-raising actions will take place. Programs will be organized in all of the counties – the...
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16 – Video of the day
Known in Chicago's dining scene for chef Thomas Lents' elaborately-themed tasting menus, two-Michelin-starred Sixteen's current menu is a figurative study of agriculture. 16 courses are laid out in the restaurant...
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Lidl plans to enter the Bosnian market
Some sources say Lidl plans to acquire Bingo, a 160-shop grocery retail chain in Bosnia and Herzegovina in 2016. Lidl has already entered the Croatian market and the discount store...
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TNT in Northern Europe
TNT, one of the world’s leading express delivery services in the world, expanded its network in Sweden and Finland. The company also increased its delivery capacity in large business centres....
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Container distribution centre to be built in Csepel
In April logistics company METRANS Kft. announced building their Budapest-Csepel terminal, which will open in 2017 and employ 200 people. On 22 October Minister of Foreign Affairs and Trade Péter...
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New ways in marketing
According to a joint survey by IBM and CMO Club, large companies’ marketing activity has entered a new era: the emphasis is shifting from acquiring customers to keeping them, adopting...
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Grand Prix for DanOn
DanOn programme was rewarded in the CRM and e-CRM categories at the consumer marketing Grand Prix of French magazine Stratégies. Danone first launched its international CRM programme in Hungary, creating...
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Marriott International announced that it will acquire the Starwood Hotels & Resorts Worldwide
Marriott International has agreed to buy Starwood Hotels and Resorts within a 12.2 billion USD deal that will make it the largest hotel chain in the world. The boards of...
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The GVH examined the online hotel reservations market
The international online accommodation agencies generate competition in the market in Hungary, but it cannot be felt in case of the Hungarian-owned companies, so competition supervision proceedings may start against...
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Magazine: Vending machines: past, present and future
Estimation is that there are about 30,000-35,000 vending machines in Hungary. According to NGM decree 41/2014 (XII. 29.), operators are now obliged to pay a HUF 30,000 registration fee per...
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Nielsen: Hungary’s food retail sales increase continues to be on podium
Hungary is on podium again in the ranking of the European food retail growth. In Hungary, the retail revenue rose by 5.8 percent from foodstuff and household chemical products in...
Read moreAnalysts: the slowdown in growth is appropriate to the expectations
The slowdown in economic growth in the third quarter is appropriate to the expectations – according to analysts polled by MTI, who expect a growth below 3 percent throughout the...
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Russian economic relations are changing
There is still a possibility of delivering Hungarian products to the Russian market, but compared to the period before the embargo Hungary should focus on other sectors – Ducsai-Oláh Zsanett,...
Read moreHigh competition for the “Winemaker of the year in Hungary” title
The Hungarian Wine Academy to hand over Hungary’s oldest and most prestigious wine professional recognition this year for the 25th time. Numerous winemakers, professionals, restaurant managers, sommeliers and chefs have...
Read moreGfK: slowing the growth of long-term technical goods market
The sales of durable technical goods increased by 3.0 percent in this year's third quarter compared to the same period of the last year in Hungary. The total turnover amounted...
Read moreThe tobacco store supplier created nearly fifty new jobs in Zalaegerszeg
In its newly designed logistics center, the National Tobacco Store Supplier (Országos Dohányboltellátó (OD) Kft.) has created 45 jobs. The company is planning further staff increase. At Monday's media tour...
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Consumer prices rose in the euro zone and stagnated in the EU
According to the data, the EU’s harmonized index of consumer prices (HICP) in the euro area was 0.1 percent in October after the 0.1 percent decline of September in an...
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Jackfruit pálinka at the model farm in Uganda
A Hungarian business delegation is negotiating in Kampala of the possibilities of economic cooperation between Hungary and Uganda – globoport.hu wrote. After the successful negotiations it became apparent that the...
Read moreA weapon was found at an illegal distillery
The finance guards of the National Tax and Customs Administration (NAV) found a home-modified weapon and ammunition in an illegal distillery in Miskolc. When the raid happened the owner was...
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Pernod Ricard calculates with growth
Pernod Ricard SA, the world’s second biggest distilled beverage company, calculates with a 3-percent sales growth this year, performing 1 percent better than last year. In Q1 2015 organic sales...
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Starbucks prepares to enter the Italian market
Starbucks is busy preparing for entering the Italian market. Sources say the coffee giant and Italian businessman Antonio Percassi will sign a contract before Christmas to open the fist coffeehouse...
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Danone’s baby food sales rise in China
In the 3rd quarter Danone did much better in the baby food market than expected. Total sales augmented by 4.6 percent to EUR 5.64 billion. Behind this success there is...
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Coop launches private label products in Denmark
Coop Denmark started selling private label organic groceries. The new product line consists of 150 products and it is called 365. Coop Denmark hopes that sales will grow by EUR...
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Price war continues in the UK
In October Lidl and Aldi improved sales by 18 percent in the United Kingdom. Both Tesco and Asda lost market share against their German competitors in the past quarter. According...
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