Nestlé Hungária organized a conference in Budapest at the 25th anniversary of its establishment and the 150th anniversary of the founding of Nestlé. Nestlé’s investments in Hungary total more than HUF 100 billion (EUR 330 mn).

Hungarian frozen bakery products company Fornetti has been bought by Switzerland’s Aryzta for an undisclosed sum, the financial website portfolio.hu reported former Fornetti managing director József Szabó as saying. Aryzta is to invest into Fornetti EUR 1 mn this year.

The Hungarian chili sauce 'Spirit of Attila' won the Hot Sauce Hot category at the 2015 World Hot Sauce Awards held in New Iberia, Louisiana in the United States. The competition attracted 284 entries from 109 producers from 14 countries in 49 categories.

Podravka Group realized HRK 92 million net profit in 2014, mostly owing to strong growth of the profitable margins in the segments of food and beverages. The company is expanding in Hungary and taking further steps to strengthen its position in the Central European region.

The Croatian bakery chain Mlinar is a relative newcomer in Hungary. Seven outlets have been opened in Budapest. The company planes to enlarge its market position, mainly in the capital via franchise agreements requirement, since it can offer to every franchisor a proven business model, know how, logistic and marketing support.

Kristijan Sabo, the new Managing Director (MD) of Podravka International Ltd., is spending his first weeks in Hungary, learning about his new business environment. He talks to Diplomacy & Trade about the work that awaits him in this position.

Fornetti, the Hungarian bakery known for its on-the-spot baked products from frozen base material, has opened a shop in the UK capital recently. The Hungarian company has signed a master franchise agreement with its British partner.

A regional center in Budapest will be responsible for operations in Hungary, the Czech Republic, Slovakia and Croatia in the new European organizational structure of French food group Danone, the company said in a statement.

French vegetable producer Bonduelle has built a new, 5,000-square-metre warehouse in Békéscsaba, southeast Hungary, in a EUR 1.5 million investment project. The company says it has further investment plans lined up.

In November 2008, Henk Slagt took up the formidable task of changing the fortune of a company being hit by the world economic crisis.

Albatros Party Service caters for all senses, offering new alternatives for those who are tired of classic solutions.

Gastronomy is able to bring Hungary and the Netherlands closer to each other, according to Tom de Smet, Dutch chef and journalist.