Company and Personal News
Retail sales in the euro area were more favorable than expected
Retail trade growth in the euro area increased more than expected in August, indicating that household consumption will continue to support economic growth. The European Union Bureau of Statistics (Eurostat)...
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New McDonald’s Restaurant in Budapest Offers the Future Experience from 3 October
With the handover of the Oktogon Square restaurant, McDonald’s domestic Developmental Licensee Partner has continued to transform its home units into a “Future Experience” concept. Large-scale development was launched in...
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Three DeOleo products win quality awards
Three of DeOleo’s products have been awarded with medals by the DGL Quality Test. After sensory tests, laboratory analyses, packaging and labelling tests, BERTOLLI and CARAPELLI extra virgin olive oils...
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Magazine: KPMG: Promotional leaflets are the most useful – for the time being
More and more information is available to shoppers for deciding where to do their shopping. Most of them still opt for traditional shops, but the good old retail channels mustn’t forget...
Read moreFeldman Zsolt: the yield of autumn crops increased by 7-10 percent
Autumn harvested crop yields increased by about 7 to 10 percent, compared to last year, also due to favorable weather conditions Feldman Zsolt – Minister of State of the Ministry...
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Hungarian Advertising Association has launched its Green Planet Initiative
The Hungarian Advertising Association (MRSZ) has launched its Green Planet initiative to promote the transition of the communications industry to sustainable operation – the association told MTI on Tuesday. According...
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KSH: foreign trade turnover increased again in July
In July, exports increased by 8.3 percent in euros, while imports increased by 9.2 percent year-on-year, after a month-on-month decline of 7.3 and 2.3 percent, respectively. The monthly export surplus...
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Seres Attila became Managing Director of Scitec
The Scitec Magyarország Kft., the official supplier of sports nutrition supplements for the Hungarian Olympic Team, delivers premium quality products to approximately 90 countries, primarily for athletes and followers of...
Read moreMLBKT: PMI in September indicates modest growth
The seasonally adjusted September Purchasing Manager Index (PMI) is 51.8 points. The 50 points, or above value is indicating trends better than in the previous month – the Hungarian Logistics...
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There will be more Pöttyös Túró Rudi
The capacity of FrieslandCampina Hungária’s Pöttyös Cottage Cheese plant making Túró Rudi and Milli products is expected to increase by 25 percent as a result of a five-year series of...
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Half of your work tasks can be automated
The further dynamic development of the Hungarian economy and the retail sector in particular has to be sought through a high degree of automation, which, in addition to improving efficiency...
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The foundation stone of a milk complex was laid at Szenttamás
The milestone of the milk complex was laid down at a ceremony on Monday in Szenttamás within the investment of Törökszentmiklós-based Mezőgazdasági Zrt. (TM Zrt.). The trial run is expected...
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AM Minister of State: Hungary plays an active role in the UN’s world food cooperation
Hungary supports the FAO’s objectives, as evidenced with its multi-year cooperation, as well as with ongoing projects and scholarship programs – the parliamentary Minister of State of the Ministry of...
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Extreme summer did not spare mineral water turnover
According to Global Data Researcher, in the second quarter of 2019, bottled mineral water sales decreased by 7 percent to 363.8 million liters, compared the base period of the previous...
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Surprising taste combinations and innovative product ideas among the best products in SPAR’s product innovation competition
Within a new initiative unique to the Hungarian retail industry, the supermarket chain, with the professional support of the Agricultural Marketing Center, was looking for the best domestic food industry...
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Tens of thousands attended the SPAR Budapest Marathon® Festival this year
At this year’s SPAR Budapest Marathon® Festival, athletes made a total of half a billion running steps. On the last weekend of September, a large number of people are participating....
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Special new chewing gums are made at the only chewing gum plant in Central Europe
You will soon be able to taste the first pieces of the functional chewing gum family made at the only chewing gum factory in Hungary and in Central-Eastern Europe, in...
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Hungexpo: arrival to the 21st century
Hungexpo’s revitalization program began in Budapest with the foundation stone laying. Existing pavilions will be renovated and upgraded from net 55 billion HUF until 2021. In addition, two new exhibition...
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The municipality is building a new market in Tata
The municipality will begin building a new market hall from 350 million HUF to help local producers gain access to the market – Tata’s mayor told MTI on Monday. Michl...
Read moreConsumer sentiment in the United States improved in September
According to the monthly survey by the University of Michigan, consumer sentiment in the United States improved in September, indicating that despite increasing uncertainty, consumers are optimistic and continue to...
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Euro-area inflation declined in September
The fall in consumer price increase was lower than expected, mainly due to lower September consumer price growth in the euro area, according to a preliminary report released on Tuesday...
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Magazine: Retail technology in 2040
According to Michelle Evans, head of digital consumer research at Euromonitor International, the digital world has changed things: e-commerce has broken the monopoly of large brands and retailers, making it...
Read moreNagy István: national and EU funds contribute to the competitiveness of the pig sector
Almost 18.9 billion HUF will be available in this year’s budget to support additional animal welfare commitments for pig farmers, which will contribute to the competitiveness of the pig sector...
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The yields of autumn-harvested plants are favorable
Autumn crops have promising good yields, and harvesting has begun on time – the Ministry of Agriculture (MTI) announced on Monday. According to the announcement, the crop area of maize...
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Tesco wins the “OMÉK Food Waste Prevention Award”
Tesco has earned the “OMÉK Food Waste Prevention Award” at the National Agricultural and Food Exhibition and Fair (OMÉK) for its inventory and handling practices. As a result of its...
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The Food Industry Grand Prize winner is the corn sugar product of the KALL Ingredients Kft.
The Ministry of Agriculture and the Agrármarketing Centrum Nonprofit Kft. (Agricultural Marketing Center Nonprofit Ltd.) recognized the F95 Extra High Fructose Corn Syrup of the KALL Ingredients Kft. with Food...
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The Rabbit Interbranch Organization and Product Council was acknowledged as an interprofessional organization
The Ministry of Agriculture has acknowledged the Rabbit Interbranch Organization and Product Council as an interprofessional organization. Feldman Zsolt, Minister of State of the Ministry of Agriculture (AM), haded over...
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Employment may peak
Employment may have peaked, and further expansion may be hampered by labor shortages, especially in an uncertain global market environment – analysts told MTI in response to employment and unemployment...
Read moreHigh quality grapes are expected in the Szekszárd wine region
They expect high-quality grapes in the Szekszárd wine region, where the harvest of white grapes is nearing its end, and the yield of some vineyards exceeds last year’s quantity. The...
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