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EU school meal program: 30 million children received healthy food last year
About 30 million children received fruit, vegetables and milk in the 2016-2017 shool year through an EU school meal program across Europe – the European Commission reported on Thursday. According...
Read moreGrowth in retail sales accelerated in the Czech Republic
In January, the annual growth in retail sales in the Czech Republic accelerated to 8.2 percent from the 4.6 percent of December, the Czech Statistcal Office (CSÚ) announced on Thursday...
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Making Every Drop Count: UN Water Presidency called everyone to fight against the global water crisis
The United Nations Water Presidency urges immediate steps to avoid the global water crisis. Making Every Drop Count: An Agenda for Water Action, released by a panel of 11 Heads...
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Magazine: Strong hair and an even stronger category
The Hungarian hair care market had been growing dynamically for years and the trend continued in 2017 – our magazine learned from Abigél Győri, Henkel Magyarország Kft.’s junior brand manager. All...
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Future Store for the fifth time
International trade fair SIRHA Budapest took place between 7 and 9 February. Trade magazine built a 500m² shop, called Future Store, where never before seen technologies and FMCG innovations were presented. Visitors...
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Exhibitors entered the competition with successful innovations once again
On 7 February the award ceremony of the 3rd Sirha Budapest Innovation Competition took place at the Sirha Budapest 2018 trade fair. The diplomas and prizes were presented to the winners...
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Cake of Hungary
The Guild of Hungarian Confectioners organised the Cake of Hungary contest for the 12th time, to celebrate national holiday 20 August in style. New and creative ideas were welcome by the...
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Dessert competition
The Sirha Budapest Dessert Competition took place on the last day of the trade fair, which was organised for the third time by Zoltán Kolonics, one of Hungary’s most famous...
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Ádám Pohner will represent Hungary in the European final of Bocuse d’Or
One of Sirha Budapest’s highlights was the Hungarian final of the Bocuse d’Or chef competition. Several hundred people were cheering for the country’s best chefs, who were cooking from ingredients purchased...
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Event Gastronomy Championship
On the first day of the Sirha Budapest trade exhibition the 1st Hungarian Event Gastronomy Championship: International Catering Cup – Hungary Selection contest was organised. Four event gastronomy companies qualified for...
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The best chefs in public sector catering
Eurest Budapest was the team that won the ‘Public Sector Catering Competition 2017-2018’ on 9 February. The National Food Chain Safety Office (NÉBIH) and the National Association of Public Sector Catering...
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Sirha Budapest, 2018: A culinary capital for three days
Already the third Sirha Budapest trade show was organised this year at the Budapest Fair Centre. There were more than 20,000 trade visitors at the event, to see what more than...
Read moreKSH: the rise in agricultural producer prices continued to slow in January
In January, agricultural producer prices rose 2.1 percent, compared to the previous year, due to a 2.6 percent increase in plant products prices and the 1.4 percent increase in the...
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Nielsen: the market of own-branded products has gained a new impetus
The Hungarian consumers purchase commercial brands from pet foods and kitchen towels. The market of commercial brands has gained a new impetus in term of the sales of global retail...
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Meat Association: the performance of the meat industry decreased by 2.9 percent last year
The performance of the meat industry dropped by 2.9 percent in 2017. The economic impact of the poultry flu played a decisive role in the downturn – Éder Tamás, Social...
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The MNKH and the National Center for Agricultural Research and Innovation signed a cooperation agreement
The Hungarian National Trading House (MNKH) and the National Center for Agricultural Research and Innovation signed a cooperation agreement in Budapest on Tuesday, aiming to make the MNKH internationally known...
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Deloitte: optimism characterizes the largest companies in the region
The financial executives of the Central European companies are more optimistic about their business prospects than at any time in the past three years, and the main reason for the...
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Thirty percent more loans were granted by the Takarék Group last year
A total of 410 billion forints new loans were released last year by the Takarék Group, almost 90 billion forints and 30 percent more than in 2016. According to the...
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Fidelity: corporate confidence at record heights
The confidence index of the world’s largest companies for this year reached heights has not seen for five years – according to Fidelity International’s latest survey. Despite the increase in...
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FAO: Conflicts and weather patterns strain food security
High levels of food insecurity persist in the world, due largely to conflicts and to adverse climatic shocks that are taking a toll, particularly in East African and Near East...
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Retail trade turnover declined in December in the euro area
Retail sales declined slightly, a bit higher than expected in December compared to the previous month in the euro area. The European Union’s Statistical Office (Eurostat) announced on Monday that...
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Magazine: Five roads that lead to profitability: the power of planning
According to ActionCOACH’s model, there are five factors which can make a business profitable: 1. number of customers, 2. conversion rate, 3. number of purchases, 4. average value of a purchase, 5. profit margin. An average...
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Hungarian online retail’s value exceeds 1.2 billion euros
While sales increased by 6 percent in traditional retail, online retail sales soared by 18 percent in Hungary last year, passing the HUF 360-billion threshold. From total sales the share of...
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Solar farm to be built on agricultural land
Two 50-hectare areas will be added to the territory of the Hódmezővásárhely industrial park, where agricultural machinery production and food industry enterprises are welcome. A solar farm is going to be...
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NAK’s Food processing department wants further VAT cuts
József Losó is the head of NAK’s Food processing department, the most important goals of which are to analyse the Hungarian trademark situation and to continue reducing the VAT on...
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NAK launches campaign to promote beef consumption
Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) told at the campaign launch press conference: Hungarians eat 2-2.5kg of beef a year, which is only one third of...
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The output of Hungary’s horticulture sector can be doubled
Hungary’s horticulture sector produces in the value of HUF 400 billion a year. This sum can be doubled with modernisation, simplifying rules and strengthening marketing work – it was said at the first...
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Objective: to strengthen fair trade practices
NAK has established the Agriculture and food trade department, with Dr Attila Csorbai as the head and NAK vice president Tamás Éder supervising the work. At the department’s first meeting the...
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Hungarian pork sector in the limelight
The Hungarian Meat Industry Federation (MHSZ) organised a press conference, where president Tamás Éder spoke about the meat industry’s last 12 months. He revealed that the number of pigs decreased by...
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