Company and Personal News

ANGRO launches online store with more young partners in mind

ANGRO Nagykereskedelmi Kft. launched its online shop in 2017 – by using this retailer partners can save time and energy. Managing director György Rokszin’s experience is that there are more and more...

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Here are the most successful marketers

The Marketing & Media magazine has compiled the top list of most successful home marketers for the third time this year. This year, nearly a quarter of the rankings changed,...

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SPAR is the sponsor of the U18 European Athletics Championships

There is barely a month left until the U18 European Athletics Championship, which starts in Győr on 5 July. The SPAR International has been a major sponsor of European Athletics...

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Leadership change at PwC Magyarország and in the company’s regional management as well

Nick Kós becomes the leader of PwC’s Central and Eastern European (CEE) region of 29 countries from 1 July 2018, who leaves PwC Magyarország’s CEO post after six years. His...

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The Agrokémia Sellye Zrt. will expand its capacity from more than half a billion HUF

The Agrokémia Sellye Zrt. – manufacturer of – plant protection products is expanding its capacity with more than half a billion forints investment – the company informed MTI. According to...

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World’s first plastic-free grocery aisle opens in Amsterdam

Dutch grocery chain Ekoplaza has installed an entirely plastic-free supermarket aisle in its Amsterdam store, to help shoppers cut down on plastic packaging. They realised the project in partnership with British...

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Aldi and Lidl accept the challenge

Aldi and Lidl have reacted to the merger of Sainsbury’s and Asda that caused quite an excitement in British retail. After Sainsbury’s had announced that basic goods would become 10...

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Cash-free payment in Iper hypermarkets in Italy

Italian hypermarket chain Iper launched a cash-free payment service in all 27 stores. The platform is called Jiffy, it can be used via smartphone and requires shoppers to have a...

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Blockchain-based payment system – now in an app, too

British online payment platform Nuggets can now also be used in the form of a mobile app. The ‘Alpha’ app runs only on iOS at the moment. Nuggets utilises blockchain...

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Lidl enters the Serbian market

Lidl Srbija has opened its first logistics centre – built from EUR 55 million – in Nova Pazova. The first Lidl discount supermarket will also open this year and 15...

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Kellogg’s to leave Venezuela

Kellogg’s has decided to quit the Venezuelan market due to the deepening economic recession. Kellogg’s isn’t the first multinational company to take this step, as a strict price freeze policy...

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Tesco UK to ban non-recyclable plastic packaging

Tesco UK has informed suppliers that from 2019 they will only sell products in recyclable plastic packaging. PVC, polystyrene, PLA and water soluble organic plastic packagings will all be banned....

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Spar enters the Maltese market

Spar International has teamed up with the local Azzopardi Group to open its first supermarket in Marsaxlokk. Spar Malta plans to open 3 more shops this year and altogether 23...

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Croatian grocery chain Studenac bought by Polish company

Polish Enterprise Fund VIII has acquired a 100-percent share in grocery store chain Studenac In 2017 Studenac operated 384 stores in Croatia with sales above EUR 200 million. FMCG sales...

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Walmart strengthens positions in India

For USD 16 billion Walmart is going to buy 77 percent of the shares in Indian online shop Flipkart. This is Walmart’s biggest investment abroad so far. They are competing...

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Food delivery market gets livelier in Romania

Several market players have entered the Romanian food delivery market recently. Uber Eats started in mid-May in Bucharest. A week later Spanish application Glovo followed. Back in early March Carrefour...

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Amazon makes a beauty move in Brazil

Amazon has started talks with Brazilian beauty industry giants Grupo Boticario and Natura Cosmeticos SA – the company would like to sell their products on its platform. Sales in the...

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Starbucks’ plans in China

Starbucks has revealed plans of doubling the number of coffeehouses in China and tripling revenues in the next 5 years. By 2022 Starbucks would like to operate 6,600 cafés in China....

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Shopify to open first brick-and-mortar store

Canadian online store Shopify has announced that they will open their first physical store at the end of 2018. This step primarily favours retail companies using the Shopify platform and...

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Alibaba opens first physical store

Alibaba’s first brick-and-mortar store has opened in the city of Hangzhou in China – close to the company’s seat. There are self-service checkouts in the plaza where the company’s own...

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With modern warehouse technology for serving partners better

2017 was a profitable and successful year for TE-DI Trade Kft. – sales exceeded HUF 9 billion. The most important event last year was increasing the capacity of the manual and automatic...

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Coca-Cola develops in Zalaszentgrót

From a budget of HUF 1.8 billion Coca-Cola Hungary has increased its production capacity in Zalaszentrgrót. They started bottling a new premium product called ‘smart water’ for the markets of several...

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Opus Global gets majority share in isomalt manufacturer

Opus Global Nyrt. has acquired a majority share in one of Europe’s biggest isomalt companies, Kall Ingredients Kft. of Tiszapüspöki, increasing its share from 30 percent to 75 percent. The next step is...

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Vésztő-based cheese company Sajtmanufaktúra opens new production plant

Soon the milk processing plant of Sajtmanufaktúra Kft. in Vésztő will start production. The municipality established the company from more than HUF 100-million ministerial funding. Mostly public workers will work in the small...

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Development budget for McHale Hungária

A consortium led by Szolnok-based agricultural machinery and services company McHale Hungária Kft. has been granted nearly HUF 500 million of EU funding for developing agricultural machinery manufacturing in Jász-Nagykun-Szolnok and...

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Szal-Tó’s goal is ensuring uninterrupted product supply

Árpád Szalai and Attila Tóth established Szal-Tó Kft. in 1991. Last year there were two big changes in the life of the company: purchasing prices elevated by 40 percent due to the...

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SIXI 2000 adds new products to its portfolio

The owners of SIXI 2000 Kft. have more than 20 years of experience in confectionery product wholesale. Since 2009 the company has had new, 1,500m² premises with warehouses that meet the strictest...

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Mastercard is preparing for the launch of open banking

Mastercard is developing new services that will facilitate open banking. With trust and security major pillars of the open banking ecosystem, Mastercard’s new services will make it easier for banks and...

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Niklós now distributes frozen products too

2017 brought two fundamental changes in the life of Niklós Tejtermék Depó Kft.: Dr Zsolt Beréti became the new managing director and owner, and the company moved to Szekszárd where...

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