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Fine instead of profit for online shops caught with irregular operations
EY has organised a programme where experts spoke about the regulations Hungarian online shops must comply with. Companies are risking a lot with irregular operations, as the Hungarian Competition Authority...
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Keen player wins one million forints in the Hungarian Product prize game
Ágnes Katona won the main prize, HUF 1 million in the Hungarian Product prize game. She registered to play with more than 300 product codes – purchased mostly in SPAR...
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The age of the customer experience
This year the main topic of the I Love Trade Marketing conference was marketing and in-store innovations. Trade Marketing Club and POPAI Hungary Association organised the conference on 14 February....
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Trademark users team up to develop new products
Éva Molnár, commerce manager of Gyulahús Kft. has reported that they successfully developed an additive-free sausage. Thanks to this another Hungarian Product partner company was able to expand its additive-free...
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Wiesbauer-Dunahús ended 2019 with a sales increase
Sales by Wiesbauer-Dunahús increased by 4 percent and reached HUF 5.1 billion in 2019. Managing director Henry Heumann told that part of the sales growth was the result of increased...
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Hungary’s most famous bear is 90 years old
Medve cheese – the popular product with the classic bear image on the round box packaging – was first made in Hungary in 1930. Pannontej Rt., which is now called...
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Originality matters to 7 from 10 Hungarians
Pilsner Urquell’s Great Originality Test has revealed that 68 percent of Hungarian consumers would choose the original brand instead of a copy. According to the representative survey, the majority of...
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Hell shoots new commercial with Bruce Willis
In early March Hell Energy – one of the world’s most famous energy drink brands and market leader in Hungary – started shooting a new commercial with Bruce Willis in...
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Heineken Hungária starts anniversary year with poster exhibition
Soproni Brewery is 125 years old this year and the beer company is celebrating with a poster exhibition, titled ‘Let’s pour a better world’. The exhibition started in Sopron on...
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Unilever: Every second manager is a woman
In Unilever’s management 50 percent of executives are now women. The company made the biggest progress in this domain in those business lines where women had been traditionally underrepresented: supply...
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Recyclable tube for vegan toothpaste from Colgate
Colgate launches its first vegan toothpaste in recyclable packaging. The new product is called Smile for Good and its packaging is made of high-density polyethylene (HDPE). As for the toothpaste,...
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Spring pork meat consumption campaign launched
Until August 2020 the Ministry of Agriculture, the Agricultural Marketing Centre, the Livestock and Meat Interprofessional Organisation and Marketing Board and the Hungarian Meat Industry Federation are implementing a campaign...
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One third of Hungarian women don’t have money to spend freely
According to the global consumer confidence index of The Conference Board® and Nielsen, in Q4 2019 one third of Hungarian women had no money to spend freely and 25 percent...
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Retail trade is likely to perform the best this year
K&H’s latest SME confidence index reveals that the sales revenue of SMEs is about to grow by 8.3 percent in 2020, while their profit is expected to increase by 5.2...
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GKI’s economic sentiment index hits nadir in February
In February the GKI economic sentiment index stayed at the January level, so it was at its lowest point in the last 40 months. Business expectations worsened a little, while...
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More wine sold
NAIK AKI PÁIR data reveal that the production price of raw milk was HUF 107.84/kg in Hungary in February 2020. Raw milk’s export price was HUF 110.45/kg in the 2nd...
Read moreThe call of OKSZ for the safe shopping of the families
On 11 March, 2020, the Government announced the declaration of an emergency. The member companies of the National Trade Association (OKSZ) (ALDI, AUCHAN, LIDL, METRO, PENNY MARKET, SPAR, TESCO) continuously...
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Hungarian companies must open up to alternative forms of employment as soon as possible
Less than 4 percent of employees in Hungary can work from home. Moreover, across Europe, there are fewer people working part-time in our country. The proportion of self-employed workers and...
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The Pálinka Festival in Gyula is postponed until the autumn
Due to the coronavirus outbreak, a government decision banned indefinitely the holding of outdoor events with more than 500 participants. This would also affect the Gyula Pálinka Festival, so the...
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The SALIMA Food Fair in Brno was postponed to November
In view of the current prohibition of mass events and trade fairs, and the general situation of “force majeure”, BVV Brno Trade Company has decided to postpone the SALIMA –...
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Messe Düsseldorf postpones the interpack and drupa fairs
Exhibition company Messe Düsseldorf postpones the interpack and drupa leading international trade fairs. The interpack will be held between February 25 and March 3, 2021 and the drupa will be...
Read moreRetail sales started well in the Czech Republic
In January, retail sales in the Czech Republic increased by 4.9 percent year-on-year. In December, the figure was also 4.9 percent, the Czech Bureau of Statistics announced in Prague on...
Read moreEconomic growth in the OECD slowed down
The combined economic growth of the OECD member countries slowed in the fourth quarter compared with the previous quarter. According to the Organization for Economic Cooperation and Development (OECD) website,...
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Magazine: Chocolate rabbit sales are hopping
The late Easter and the growing purchasing power of consumers resulted in a very strong season in the market of chocolate figures last spring. Kitti Végh, brand manager of Nestlé...
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Villány wines fought each other
The Villány wine region closed an eventful day on 11 March. For the 52nd time this year, the Villány Wine Competition, which has great traditions and represents great value for...
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What a company can do in the case of a breach of contract due to the coronavirus
The effect of the coronavirus on Hungarian trade is already significant. One of the most important issues for businesses is whether the coronavirus can be an adequate basis for failure...
Read moreIrrigation development in the Hajdúhátság
EU and domestic sources start water management development in Hajdúhátság – agroinform.hu wrote. Kincses Dániel, deputy technical director of the Tiszántúl Water Directorate (TIVIZIG) said that for the development of...
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A fundraising program was launched for the disposal of the Tisza source area
Organizers and volunteers of the Tisza PET Cup have launched a community fundraising program for Francz Béla, who is currently using an old truck to fight waste pollution in the...
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The euro area industry started the year better than expected
Industrial production in the euro area grew more than expected in January – according to a Eurostat report published on Thursday. Hungarian industrial production reached its second highest monthly growth...
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