News and articles

Wineries in Villány won gold medals at the world's largest international wine competition

The Cabernet Franc MANDOLÁS Cabernet Franc wine selection of the Villány-based Vylyan Winery was selected as the best red wine at the Mundus Vini International Wine Competition. The Cabernet Franc...

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The Resideal entrusted C & W to operate four of its malls

The Resideal entrusted the Cushman & Wakefield (C & W) commercial real estate advisory company to operate four of its malls in rural areas. The Cushman & Wakefield (C &...

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Volume sales of household chemicals and cosmetics are rising again this year

Sales of household chemicals and cosmetics amounted to HUF 158 billion in the first six months of 2014. Value sales were 6 percent higher than a year earlier and volume...

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Moderate growth in industrial production prices

In June 2014 domestic industrial production prices increased by 0.8 percent on average from the level of the previous month. Domestic industrial sales prices rose 0.3 percent on average –...

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Another year passed…for Trafikvilág too

National Tobacco Shops operate in compliance with strict regulations. All in all, experience is that in addition to entrepreneurs’ skills and business strategy, the profitability of these units first and...

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For excellent Hungarian wines

The main task of Hungary’s National Wine Excellence Programme (NBP) is to find excellent wines and use them for the benefit of the country. Dr Eliza Kiss, deputy state secretary...

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Syngenta optimistic about sweet corn yield

According to Syngenta Kft., lots of rain in the summer and early autumn was beneficial to the development of sweet corn. Hungary is a sweet corn superpower as Europe’s biggest...

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South Békés melon plans go up in smoke

The year was worse than expected for melon producers in South Békés: heavy rains at the end of summer ended the season earlier than usual. This year 40 tons of...

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Sour cherry growers saved

The state decided to give non-refundable subsidy to sour cherry growers for the processing of excess sour cherry and for temporarily holding back sour cherry from the market. HUF 800...

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Preliminary evaluation of the year in agriculture

NAK opines that the rainy summer was good for corn. The chamber called attention to the fact that sunflower is in good condition all over the country but too much...

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Already more than four thousand opinions on land sales

As of 1 May 2014 temporarily NAK’s county presidencies are acting as land committees. Since then they gave their opinion on more than 4,000 sales contracts. In certain counties such...

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NAK supports cutting milk’s VAT

At their last meeting NAK and the Dairy Interprofessional Organisation and Product Council proposed the reduction of VAT on milk from the present 27 percent to below 10 percent. The...

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Increasing prestige of agricultural higher education

Balázs Győrffy, the president of the Hungarian Chamber of Agriculture (NAK) told at a Budapest trade meeting that in the future agricultural higher education would be better adapted to the...

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AKG to restart in two years time

Officials announced at an agricultural forum organised by the Prime Minister’s Office in Bátaszék that HUF 450 billion would be available for investments and HUF 188 billion for environmental protection...

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‘Shopping needs to be fun’

Grocery retail in Austria is much more concentrated than in Hungary: in Hungary there are 18,700 grocery stores for 10 million people, while in Austria 5,600 stores serve 8.5 million...

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MNKH and VOSZ KMRSZ sign agreement

The Hungarian National Trading House Zrt. (MNKH) and the National Association of Entrepreneurs and Employers’ (VOSZ KMRSZ) Central Hungary Section signed a cooperation agreement. Supporting Hungarian SMEs in uncovering new...

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Green light given to Hungarian meat in the New World

According to the Ministry of Agriculture, after on-site inspections carried out by the USDA Food Safety and Inspection Service in Hungary, more Hungarian meat products have been given the green...

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Hungary-Macedonia business relations improve further

On 2 September the Hungarian National Trading House Zrt. (MNKH). organised a business forum where participants had the chance to conduct negotiations with members of Macedonia’s government. Macedonia is one...

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Brazil is our main market in Latin America

So far the Americas haven’t been important markets for Hungarian produce. About 83-84 percent of our agri-food export goes to the European Union. However, it is our basic interest to...

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FMCG commercials reached more viewers in the first six months

According to data from Nielsen Audience Measurement Kft., in the first half of 2014 commercials for groceries, household chemicals and cosmetics had a 2 percent higher Gross Rating Point (GRP)...

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What makes a breakthrough innovation?

Nielsen’s ‘Breakthrough Innovations’ report analysed retail sales of 61,000 SKUs of 12,000 new products launched in Europe since 2011. One of the things Nielsen’s experts found was that from two...

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Retail volume sales kept growing in July

Retail volume sales are estimated to have increased by 2.3 percent in July 2014 in comparison with July 2013. Food and food-type retail sales were up 1.6 percent, non-food sales...

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Industrial production prices continued growing

In July 2014 domestic industrial sales prices rose 0.2 percent on average from the previous month. Prices in the processing industries augmented by 0.7 percent. There was no change in...

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Further drop in agricultural production prices

In July 2014 production prices reduced by 5.1 percent in agriculture if compared with July 2013. The price of vegetable products was down 8.4 percent but the price of livestock...

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Autumn arrived in tobacco retail too

The summer months weren’t bad at all in tobacco retail if we look at value sales. Although Trafik.hu partners’ sales data suggest a 2-3 percent drop in August, HUF 45-50...

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Opinion Leaders in focus – letting average consumers go

According to Everett Rogers, the originator of the diffusion of innovations theory, adopters of any new innovation or idea can be categorised as innovators (2.5 percent), early adopters (13.5 percent),...

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Magazine: This is the fresh casual style

Fresh casual. This is how the founders of LYFE Kitchen restaurants categorise the new places. Who are these founders? Well, they used to work in ­McDonald’s management and this time...

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Magyar Nemzeti Kereskedőház Zrt. enters the market of eating apples and apple concentrates

The Magyar Nemzeti Kereskedőház Zrt. (Hungarian National Trading House)was established in 2013 with the goal to coordinate the domestic export activities – mainly in the small and medium enterprise sector,...

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Wine excellences in the Auchan

Dr. Fazekas Sándor Minister of Agriculture opened the Auchan supermarket chain’s wine fair. The visitors of the fair can meet with the excellent domestic wines on discount prices. that can...

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The Tesco Shopping Online team offers new opportunities for job seekers

The Tesco is expanding its The Tesco Shopping Online team. One can join to the team, started in 2013 in shopping and delivery assistant positions as well. In March 2013,...

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