ADVERTISEMENT

Ministry of Agriculture awards Penny Market

Retail

The local unit of German discount supermarket chain Penny Market has been presented with an award by Zsolt Feldman, state secretary of the Ministry of Agriculture, for the distribution of the highest number of its own bands labeled "Magyar Termék” ("Hungarian Product”), news portal origo.hu reports.

Penny Market is the first discount chain to receive such an award, which was created to recognize stores for promoting Hungarian products, origo.hu adds.

The ministry asked experts to evaluate the performance of retail chains based on both their own experiences and objective criteria, in order to determine which chain is worthy of the award. According to the report, Penny does not only offer Hungarian producers a chance to become suppliers, but contributes to their success via marketing and communications activities.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.