Events
The Széchenyi Enterprise Award of the Year was awarded to Globserver and Crown Foods Kft. while the Széchenyi Bridge Award was given to Bitrise
Globserver, specializing in security technology and arms sales won the Széchenyi Enterprise Award of the Year in 2017 in the category of companies exceeding 500 million HUF annual turnover, while...
Read moreFM: winemakers no need to issue a stock report in December in the future
According to the new excise law that entered into force this year, winemakers do not have to prepare the December stock report – Gál Péter, deputy minister of state of...
Read moreExim expects to lend to half of Hungarian exporting companies by 2021
In its medium-term strategy, Eximbank has set itself the goal of achieving half of the Hungarian export companies with its products by 2021, Urbán Zoltán, Chief Financial Officer said on...
Read moreA growth in the November Purchasing Manager Index
The seasonally adjusted Purchasing Manager Index (BMI) for November was 58.6 points, slightly more than the 58.3 points of September. Compared with previous Novembers, this year’s value exceeds the long-term...
Read more
VOSZ organized the Day of Entrepreneurs for the 19th time
Never a worse year – Varga Mihály evaluated year 2017 at the 19th Entrepreneurs Day this year. The Minister of National Economy recalled that next year the burdens on wages...
Read more
This year, Nébih imposed more than 8 million HUF fish protection fines
This year, as compared to last year, the amount of fishery fines imposed by the State Fishery Service (ÁHSZ) on illegal fishing increased by 8 percent. The number of fines...
Read moreFM: The ornamental plant sector’s turnover exceeds 120 billion HUF annually
The ornamental plant sector’s revenue exceeds 120 billion forints annually and provides the livelihood of almost 25 thousand families – Nagy István, the Parliamentary Minister of State of the Ministry...
Read more
VAT cut – reloaded
In the last 2 years the VAT on basic food products such as eggs, pork and poultry was reduced, but internet service’s VAT also became lower than the earlier flat rate of 27 percent....
Read more
FM: Hungarian milk exports can start to China
Thanks to several years of discussions of the Ministry of Agriculture (FM), 13 Hungarian establishments have been allowed to deliver milk and dairy products to the People’s Republic of China...
Read more
More from less in the packaging industry
Márta Enyedi, Sealed Air’s food care business development leader told our magazine that they manufacture and sell flexible plastic packaging materials (films, vacuum and vacuum shrink bags) in every part...
Read more
Paving the way for online FMCG sales growth
According to Nielsen’ ‘What’s Next in E-commerce’ study, which analyses the latest online consumption trends in the FMCG sector, while total FMCG sales are increasing by 4 percent a year,...
Read more
World-class packaging solutions
Miklós Nagy, general secretary of the Hungarian Association of Packaging and Materials Handling (CSAOSZ) told our magazine: the packaging industry realised HUF 588-billion sales in 2016 – the sector’s output...
Read more
Global brands in good position
Nielsen’s annual brand origin report analyses consumer preferences and emotions in 34 product categories when it comes to buying local or global brands. In former years there was some kind...
Read more
Changes in transfer pricing rules from next year
In the case of associated companies, the Ministry for National Economy plans to introduce a more complex and complicated registry form instead of the present one. This change will affect not...
Read more
Stricter audit systems in quality assurance
According to Balázs Bóza, business manager – CRS of SGS Hungária Kft., it is more and more frequent that a company’s owner – in basically all industries – initiates the...
Read more
Hungarian retail trade was the second best in Europe in the third quarter
In Q3 2017 Hungarian FMCG retail sales grew by 5.3 percent in comparison with Q3 2016. The European average was a 2.8-percent sales growth and only Turkish retail trade outperformed...
Read more
POPAI goes to Bonafarm
Pick Szeged Zrt. was the host of this year’s last POPAI meeting. On 16 November business development manager Krisztián Király spoke about channel trends and Teleki winery. Nielsen client executives Dóra Hajnal and...
Read more
OMA AWARDS 2017
Outstanding Merchandising Achievement Awards (OMA) has been rewarding the best in-store displays for more than 50 years. You can see some of this year’s best solutions in the non-food category. ...
Read more
Domestic internet users intend to spend 35,000 forints for Christmas gifts this year
Domestic internet users intend to spend almost 35,000 HUF on average for gifts this Christmas, about 14 percent more than last year, according to a survey conducted by GÉG Digital....
Read moreGrowth in retail sales may accelerate further
Growth in retail sales may continue to accelerate in the coming months, according to analysts interviewed by MTI. According to the Central Statistical Office, the volume of retail sales in...
Read moreThe State Treasury paid 254 billion forints to the farmers
The Hungarian State Treasury paid 254 billion forints grant to the farmers this year during the prepayment period of direct subsidies – the Hungarian State Treasury (MÁK) told MTI on...
Read more
Santa Claus Factory – This year, they are waiting the donations with longer opening hours
This year, the Santa Claus Factory receives donations for 22 days in Budapest. The donation center – set up near the Heroes Square – will be open from 9 am...
Read more
The döner may be endangered because of a planned EU rule
The Turkish fast food developed in the former West Berlin may be endangered because of a planned EU rule – the German newspaper Bild wrote. According to the report, the...
Read moreThe world’s best wine producing areas are in the greatest trouble
This year as little wine was produced in the world as in 1961 – the Paris-based Organization of Vine and Wine (OIV) announced. The downturn is mainly due to bad...
Read more
Hungarian proposals should also be included in the EP report on sheep and goat farming
The proposals of the Hungarian sheep and goat farmers, including the lump sum support of small pet keepers, the extension of national animal welfare support and the enlargement of pasture...
Read more
Hungarian National Trading House: cross-border economic development programs are promoting the development in the homeland
“The activity of the trading house is an important complementary tool for economic development programs in foreign areas” – Oláh Zsanett Chief Executive Officer of Magyar Nemzeti Kereskedőház, on Wednesday...
Read more
Magazine: Fruit juices rich in fruits and vitamins
Coca-Cola Hungary’s experience is that the fruit juice market continued to grow this year. Commercial excellence leader Gábor Ivády told that in the summer fruit juices with a lower fruit content...
Read more
Cofidis: the amount intended for Christmas presents can grow by a quarter this year
As in the previous year, 78 percent of the population is buying gifts for Christmas, but the amount intended for Christmas presents can rise from last year’s 31 500 forints...
Read more