News and articles
Investment by SMEs may grow by one third this year
A survey conducted by Budapest Bank found that more than half of Hungarian SMEs realised sales growth in 2014. They implemented 56 percent of the investments they had planned. This...
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Target reshapes product selection
Minneapolis-seated retail giant Target announced a new concept at a consultation with suppliers, which was organised by Kantar Retail early May. Local, natural and artisan are the new key words...
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Magazin: Expanding world
The ice cream category’s development is shaped by the same macro trends as the innovation of other food and drink segments. For the average consumer there is no difference between...
Read moreBrussels is investigating food chain supervision fee and healthcare contribution of tobacco companies
European Commission has initiated an investigation regarding supervision fee required to pay by food chains and also regarding healthcare contribution fee affecting trade of tobacco products in order to find...
Read moreNielsen: Retail food sales has grown in terms of value and volume
Retail food sales has reached nearly 750 billion HUF between December 2014 – May 2015 amongst the 90 product categories measured by Nielsen. This means 4 percent increase compared to...
Read moreHungarian Trade Association (OKSZ) appointed officers
Hungarian Trade Association (Országos Kereskedelmi Szövetség) has appointed officers at its general assembly – wrote napi.hu. This organisation is involved in one third the entire national retail sales and also...
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Syngenta: it would be worth to brand the Hungarian watermelons
It would be useful to brand the Hungarian watermelons to make it easier for consumers to recognize high-quality products – Antal Gyula, the professional manager of the Vegetables business at...
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Scientists from Debrecen to analyse Tokaji wines
As per the agreement between village Mád and University of Debrecen (DE) concluded on Wednesday scientists from Debrecen will be analysing Tokaji wines. During the press conference after signing the...
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New manager at the Hungarian subsidiary of Coca Cola
Hungarian subsidiary of Coca-Cola Company has found a new leader effective from 1 June 2015. New country manager László Niklós follows Adrian Cernautant who will carry on with his activities...
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Injection moulding machines produced at Wittman Robottechnikai Kft.
By investing approximately 500M HUF in development Wittman Robottechnikai Kft. has begun producing Injection moulding machines – Mosonmagyaróvár based company informed MTI. In order to start producing they have built...
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The government supports the investment of the Béres Gyógyszergyár Zrt. with 1.6 billion HUF
Based on an individual government decision, the government gives 1.6 billion HUF to support the investment of the Béres Gyógyszergyár Zrt. in Szolnok. The total cost of the investment is...
Read moreMore than 5000 packs of smuggled cigarettes found in a garage in Szeged
Customs police found more than 5000 packs of untaxed cigarettes and 2,5 kgs of fine cut tobacco in Szeged in a garage and a vehicle parking in front of it...
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A banana tree in Nagykanizsa bears fruit
The banana is ripening in Nagykanizsa. A local couple has planted a banana tree, which after 8 years of waiting – turned to bear fruit. MTI Photo: Varga György The...
Read moreChinese economic growth is 7.0 percent again in Q2
Similarly to Q1 results Chinese GDP has grown 7.0 percent between April and June – Hungarian Central Statistical Office informed on Wednesday. Growth of the world's second largest economy slightly...
Read moreCIB Research: half of the tourists use cash and credit cards in the same proportion
According to CIB Bank's recent research, half of the summer travelers use cash and credit cards in the same proportion. 22 percent of them choose the credit card payment when...
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More customers spent more money in Pólus
In the last two years Pólus Center was refurbished from a HUF 1-billion budget. As a result, sales in 2014 were 6 percent higher than in 2013. What is more,...
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A special version of rice
Riceland-Magyarország Kft. developed a special version of rice, parboiled round grain rice for Hungarian families so that they can enjoy an even more delicious minced Rizses Hús. This rice type...
Read moreFlowers in chocolate-nails in sugar – Video of the day
The opportunity to eat an impossible materialized with this recipe. A sugar cone as thin as glass that transmits fragility. A white foam, creamy flavor reminiscent of toasted grains, chocolate...
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Honey on tap from your beehive
Australian beekeepers the Anderson family revolutionised honey collecting: they equipped their beehives with a rotating wheel, with the help of which the honey comes out through a tap and the...
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Intimate hygiene products
Traditional Bella intimate hygiene products have been present in the Hungarian market for years. In Jun 2015 our thick sanitary pads and pantyliners appear in shops with a new, more...
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What consumers think or feel
In a 60-country study Nielsen asked consumers to finish the following sentence: ‘When you think about buying groceries and personal care products…’ The table contains five types of answers given...
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Magazine: CBA: the rebranding of premium stores has started
For CBA 2014 was about opening more Príma stores (e.g. Szeged Nova Príma, Mágnáskert Príma) and focusing on the high quality of service. Thanks to an MVM Partner agreement Príma...
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KSH: agricultural producer prices continued to decline
In May, the price of plant products was 6.7, the price of live animals and animal products was 10.4 percent cheaper, and the agricultural producer prices were 8.1 percent lower...
Read moreEKÁER: problems with the amendment
The EKÁER (Electronic Road Transportation Control System) regulation changed at a relevant point in terms. From June, EKÁER number should be requested in case when the transportation is carried out...
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Only Hungarian watermelons are available in the domestic Tesco stores
The Tesco-Global Áruházak Zrt. as the committed partner of the Hungarian suppliers only buys watermelon from domestic producers. Thanks to the long-term agreements, the chain pays a competitive price to...
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Hungary is a major beneficiary of EU funds
In terms of funding Hungary remains one of the largest net beneficiary of the EU, over the next seven years – Szűcs Tamás, the Head of European Commission’s Representation in...
Read moreThe negotiations can start in the EU about the GMO exemption
The European Union negotiations on genetically modified-free organisms (GMO free) food and feed will begin – the Ministry of Agriculture (FM) told MTI on Tuesday. According to the communication, Nagy...
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The Spanish shipment arrived to Hungary instead of Romania
According to the transport documents, the truckload of Spanish fruit and vegetables should have been transported to Romania, not to Hungary. The ekáer Working Group of the National Tax and...
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Unilever releases first-of-its-kind Human Rights Report
The report outlines Unilever’s goal not only to respect Human Rights but to actively advance them across all areas of its business. It documents areas where the company has taken...
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