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AM: Hungary contributes to the development of food security in the developing countries

Hungary contributes to the development of food security in developing countries – Nagy István, Minister of Agriculture said at the joint conference of the Ministry of Agriculture and the United...

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Agrarian digitization can open up new external market prospects

The strategy for career guidance through vocational training and the dissemination of digital solutions also contributes to broadening the gates of new markets to farmers who can use the tools...

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Euro area inflation rose in April to a five-month peak

In April, euro area inflation rose to 1.7 percent, to a five-month peak, on the basis of Eurostat’s final data released by Eurostat on Friday. In April, the annual rate...

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In the United States, consumer sentiment reached a fifteen years peak in March

With a noticeable improvement, the consumer sentiment in the United States reached a fifteen years peak in May, according to a regular monthly survey of the University of Michigan. According...

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Magazine: We were ahead of our time!

There was full house at the first Hungarian Microsoft – Retail Day conference. On 7 March the representatives of the FMCG, energy, DIY and other sectors gathered to learn about the...

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Analysts: GDP growth exceeded expectations again

The 5.3 percent growth of gross domestic product (GDP) in the first quarter is higher than theexpectations of the market analysts interviewed by MTI, who expect a gradual slowdown in...

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Nagy István: without the latest technologies the fruit and vegetable sector cannot be successful

We need to give space to the newest technologies in the Hungarian fruit and vegetable sector, because without them it will not be successful – the Minister of Agriculture said...

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Erste is working with winemakers

Erste Bank has signed a cooperation agreement with the representatives of the Szekszárd Wine Region for the development of the wine region. At Erste, the financing of agricultural and food...

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NAK: Let’s learn about liqueur making together

The Free Trade Directorate of the Food Industry Directorate of the National Chamber of Agricultural Economics (NAK) continues its free professional program series: in June, the members of the Chamber...

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Obesity is getting worse in Hungary

The rate of obesity among the adult population in Europe is the highest in Hungary, and we rank fourth after the United States, Mexico and New Zealand globally. Obesity is...

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EU goods turnover surplus has fallen compared the United States

The European Union’s trade surplus against the United States declined in the first quarter of this year, but China’s deficit has increased, according to the preliminary data published by the...

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Magazine: ‘It is worth building on Hungarian consumers’

Tamás Éder, social president of the Hungarian Meat Industry Association has told at the traditional pre-Easter press conference in Budapest: what the industry needs is understanding and compassion from retailers...

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Strong customer authentication: great changes in the e-commerce market

The countdown has started: on 14 September strong customer authentication (SCA) rules enter into force in Hungary too.  This will make an impact on every player in the e-commerce market. On...

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Online shops: a new No.1

After four years there is a new No.1 among online shops in Hungary: sales data from 2018 show that eMAG is the biggest player now, ahead of the former 1st-placed...

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Two thirds of Hungarians would pay with smartphone instead of bank card

At the end of May Mastercard published the results of a survey, which reveal that two thirds of Hungarians would prefer smartphone payment instead of bank cards. One quarter of respondents...

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More cooperation for Hungarian food products

Géza Tóth CEO of CO-OP Hungary Zrt. told at a trade forum organised in partnership with Hungarian Product Nonprofit Kft. that Coop’s policy is to purchase products from Hungarian suppliers wherever it...

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From microalgae to recycled paper

A new approach in logistics, renewal in energy use and microalgae technology – these solutions qualified for the final of HEINEKEN Hungária’s sustainability competition for university students, called ‘Throw Away...

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Dutch cheesemakers worry about US tariffs

Two famous Dutch cheeses, Gouda Holland and Edam Holland, are among the many artisanal European products threatened with US tariffs the Trump administration announced on 8 April. For Dutch cheese...

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NAK is working for the food industry

The Hungarian Chamber of Agriculture (NAK) organises courses, conferences and study trips for members, in order to make them more competitive by learning new things. Our magazine interviewed NAK president...

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Light, temperature and decoration

The three things mentioned above are the most important components of a pleasant in-store environment – revealed a survey conducted by financial service provider Liberis, conducted with 1,000 participants in...

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Maximum in-store experience

US premium audio system manufacturer SONOS has a flagship store in Manhattan that offers a really special customer experience. There are seven test rooms in the store, where all kinds...

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POPAI meeting at Coca-Cola

POPAI Association members gathered at the Coca-Cola HBC Magyarország headquarters in Dunaharaszti on 9 May. Csaba Veres, in-store and event activation manager of Coca-Cola HBC was the host, who gave...

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Reál opened a modern supermarket last year

Reál Hungária Élelmiszer Kft. operates approximately 1,500 stores from which more than 300 work in a franchise system. All of the eight member companies serve as regional centres. Reál convenience stores bigger than...

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KSH: the Hungarian economy grew by five percent in the first quarter

According to the raw data, Hungary’s gross domestic product (GDP) increased by 5.3 percent. According to the seasonally and calendar effect adjusted and balanced data the Hungarian gross domestic product...

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Tesco wants to be a role model

Zsolt Pártos, operations director of Tesco Hungary told us that they would like to be a role model for everyone with Tesco’s CSR programme: the food saving programme is already...

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Responsible innovations from Lidl

Lidl has 180 stores and employs more than 5,000 people in Hungary. The retailer pays special attention to working with Hungarian suppliers, and thanks to this almost 60 percent of the...

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KSH: agricultural data collecting started in case of individual farms

Agricultural data collection began on Wednesday; the survey, which lasts until June 15, concerns 484 settlements in the country. The aim of the action is to explore the economic activity...

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Green Brands brand marketing

Independent international brand marketing organisation Green Brands started its Hungarian training programme with two ‘Academies’ in April and May. Ákos Kozák, the first speaker at the April event made an...

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FruitVeB: rainy weather was good for horticultural crops

The rainy weather of the past few weeks has been good for outdoor horticultural crops, but rain also increases the risk of infections – FruitVeB explains in its latest report...

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Ecfin: growth forecast for Hungary

The European Commission has improved Hungary’s economic growth forecast for 2019 and 2020 in its spring forecast, but warned that there were more and more signs of overheating in the...

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