Company and Personal News

Mogyi: sales revenue exceeds 24 billion forints

Mogyi Kft.’s caramel-coated popcorn – developed from a budget of HUF 700 million – was a great success. The product is available in more than 23 countries and its sales have...

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Cooperative builds cold storage facility in Csorna

The Hanság-Fertőmenti Fruit-Vegetable Production and Sales Cooperative built a cold storage facility in Csorna from HUF 256 million, from which HUF 150 million was a state subsidy. In the 3,000m² refrigerated...

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New FINO product range made using modern technology

This November 100-percent Hungarian-owned, Kaposvár-based FINO Group put a new product range on the market. These products contain 30 percent more milk protein and they are made using state-of-the-art ultra- and...

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Varga Winery’s expansion in Feldebrő

Varga Winery Kft. invested nearly HUF 2 billion in two years to build the wine region’s biggest winery in Feldebrő. With the development project 20 new jobs were created. So far the new...

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Next year Kométa will launch new products

Kométa 99’ Zrt. invested HUF 8 billion in development in the last 10 years. The company has recently announced: as a result of a HUF 1.3-billion investment, they will start making new...

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SAP joins IAB

SAP has become a member of Interactive Advertising Bureau (IAB) Hungary. The software company – which offers more and more marketing solutions – has joined the biggest professional organisation of the...

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End-of-year awards for Trade magazin: a two-time Business Superbrands and one-time MagyarBrands winner

Having won its second Business Superbrands prize this year, in 2017 Trade magazine won the MagyarBrands recognition too. Managing director and editor-in-chief Zsuzsanna Hermann told: ‘We are very proud of these...

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Penny Market stores won’t be open on 24 December

Penny Market stores won’t be open on 24 December so that workers will have enough time to prepare for Christmas Eve. Between 21 and 23 December Penny Market shops will be...

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SPAR reopened two stores in November

SPAR Hungary invested almost HUF 3 billion in modernising the INTERSPAR store in Tatabánya and the supermarket in Bicske. Head of communications Márk Maczelka informed that they invested HUF 2.5 billion...

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Retail trade: sales may pass the 10,000-billion threshold this year

On 7 November Europe’s Day in Commerce was organised for the 13th time in Hungary. It was told that after many years of dynamic development, sales may reach the HUF 10,000 billion...

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Finances: a preparation guide for next year

According to Balázs Toldi, head of Budapest Bank’s corporate customers business area, the bank provides a full scale of financial services to micro-, small and medium-sized businesses. 90 percent of the...

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The Hungarian Treasures programme is building a community

In 2017 HUNGARIAN PRODUCT Nonprofit Kft. has launched a new series of programmes: Hungarian Treasures offers one-day tours for partners, introducing some of the country’s cultural, natural and historical values. These tours...

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Hungarian Product: more than just a trademark

HUNGARIAN PRODUCT Nonprofit Kft. was established in 2006 and since then its programme has become Hungary’s biggest and best-known certification scheme for product origin. In 2017 they will implement a major marketing...

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Unilever’s acquisition in the USA

Unilever strengthens its hair and skin care portfolio by buying the brands of US company Sundial. New York-based Sundial realises annual sales of USD 240 million. The company plans further...

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Charcoal-coated toothbrush from Spar

Spar Austria has announced that they are launching a new private label toothbrush brand, called Beauty Kiss. The new toothbrush is covered with a natural cleansing agent, charcoal: it has...

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Coca-Cola makes a bid for Amazon customers

Coca-Cola keeps developing the online shopping experience, trying to increase online sales with special marketing efforts and offers. John Carroll, Coca-Cola’s general manager for e-commerce told: we are living in...

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Lidl is developing the fastest in the British market

Lidl has been the fastest developing retailer in the United Kingdom for five consecutive quarters. Lidl’s sales increased by 15.1 percent last year. The discount supermarket chain now has a...

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Croatian giant

Croatian consortium Agrokor performed better in every segment (food, agriculture, retail and wholesale) in the first three quarters of 2017. Sales revenue in retail and wholesale reached EUR 1.52 billion....

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Cuban flavours from Nestlé

Nestlé has announced a new investment in Cuba: the company is going to build a factory 45km from Havana until 2019. Nescafé, Nestlé fitness snacks, Nesquik instant drinks and Maggi...

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Programmes at Sirha Budapest

Bocuse d’Or Hungarian final The international chef competition’s Hungarian final will take place on 8 February. In the prestigious competition the following chefs will compete to decide who will represent Hungary...

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They got used to success

Tibor Bial director Czech Trade Tibor Bial, director of CzechTrade’s Budapest office informed our magazine that they are present at 3-4 of Hungexpo’s trade exhibitions every year. These presences are always very...

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Growth strategy transforms Invitech Solutions

Invitech Solutions – a member of the Invitel Group – wishes to increase its share in the domestic ICT market. To this end the company has created a single sales...

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Southern Italy in focus

Marco Bulf director of the ITA office in Budapest ITA (Italian Trade Agency) is a network of trade offices ran by the Italian state. Its task is to promote products ‘Made...

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Kométa appoints new domestic meat product sales director

Due to the increase in sales turnover, Kométa will divide meat and meat product sales into two areas, which will be managed by two different directors. Newcomer Gábor Zab will...

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Automation at eMAG

The logistics centre of eMAG in Üllő, which was built 2 years ago and already operates on 21,000m², is waiting for this year’s Black Friday and Christmas periods with 600,000...

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Tobacco retailers ask for delaying the introduction of standardised packaging

On 7 November a conference was organised for National Tobacco Shop operators and their partners. It turned out that about 40-50 percent of tobacco shops are in a difficult situation, while...

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METRO gives car to happy winner

On 27 November László Török from Dunakeszi received the main prize of the METRO Winning Weeks prize game, a brand new TOYOTA Yaris Hybrid. Those METRO customers could participate in the...

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Auchan offers discounts to families with small children

Auchan Hungary launches a new loyalty programme for pregnant women and families with children under the age of 6, called Auchan Bébé Program. The programme runs under the retailer’s Bizalomkártya loyalty...

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Soproni Démon becomes an Óvatos Duhaj

Soproni Óvatos Duhaj is to turn into a product range: after the huge success of Soproni Óvatos Duhaj IPA that debuted this summer, dark beer Soproni Démon also bears the...

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Szentkirályi Talent winners announced

The Szentkirályi Talent Programme is realised in cooperation with the Hungarian Olympic Committee (MOB). A six-member board of trustees has selected the programme’s three winners: kayaker Ádám Varga, swimmer Nándor Németh and sailor Máté Benyó. They...

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