Company and Personal News

Ikea’s revenue increased by 14 percent

Ikea’s revenue grew to 61 billion forints in the fiscal year ended September last year, which is 14 percent higher than in the previous year – the Swedish-owned chain announced...

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The products of the Tihany Selection and Karaván brands are available in a new packaging

Product photos have become more accentuated than ever before, and thanks to the new colors the packagings of the Tihany Selection (Tihany Válogatás) and Karaván cheeses provide a clearer picture....

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The Rubin Kft. develops paprika grist from over 100 million HUF

The Rubin Szegedi Fűszerpaprika Feldolgozó Kft. has announced that it will produce a stable red pepper powder from more than 100 million HUF. About 78 million HUF is non-reimbursable EU...

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136 billion USD in sales at Wal-Mart

Wal-Mart had a weaker performance than expected in the fourth quarter of its fiscal year ended at the end of January – portfolio.hu wrote. Profit from the period lagged behind...

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The plant of HELL in Szikszó to be expanded with a unique filling line

On 22 January, the HELL ENERGY Magyarország Kft. started the installation of its newest metal box filling line. With the investment totaled at 5 billion HUF, domestic energy brand –...

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The Hőgyészi Agrokémiai Kft. plans a huge growth

This year, the Hőgyészi Agrokémiai Kft., which mainly sells agrochemicals and seeds, plans to increase this year’s sales revenue significantly. Last year the revenue growth was about 10 percent. The...

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A mushroom growing plant is under construction in Tiszapüspöki

A mushroom growing plant is under construction in Tiszapüspöki, Jász-Nagykun-Szolnok County, from about 1 billion 800 million HUF. The government supports the construction of the plant with 500 million HUF....

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Magazine: HPS Group is on a growth path

HPS Group was established in 1994 and it is one of the biggest marketing and sales support agencies in Hungary. They have decades of experience in cooperating with multinational companies and...

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More milk in Pöttyös Tejsüti

The new version of dairy snack Tejsüti contains 48 percent more milk than before. Andrea Szabó, senior brand manager of Pöttyös told that the new taste of the product is the...

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Aldi bought the Kokardás brand of Alföldi Milk

The Aldi Magyarország Élelmiszer Bt. has purchased the Kokárdás brand of the Alföldi Tej Kft. (Alföldi Milk Ltd.) Bernhard Haider, Managing Director of Aldi Hungary said at a press conference...

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Carlsberg beer extends its offer with a crafted beer of a small brewery

Carlsberg’s Hungarian company, the Carlsberg Hungary Kft. signed a cooperation agreement for the exclusive distribution of a kraft crafted beer of the Horizont Brewing small-scale company. The distributor expects to...

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Alza opened a self-service shop open 24 hours a day in the Czech capital

The Alza opened a self-service shop without a cashier in Prague from nearly 200,000 euros, (about 62 million forints). It is open 24 hours a day, and its operating costs...

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Magazine: How can a family business be successful?

According to Ákos Ékes, family business specialist of K&H Bank, family-owned enterprises contribute nearly 50 percent of the country’s GDP. Thanks to their set of values and attitude, they are also...

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Auchan has expanded the range of foods offered for donations with vegetables and fruits

Auchan operates its program in 16 stores in Hungary with the help of the Hungarian Food Bank Association. As the result of the cooperation with the Food Bank Association, about...

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32 tons of used cooking oil was collected at the Mol filling stations in January

A record volume of 32 tonnes of used baking oil was recollected at the Mol filling stations in January, compared to the average monthly 13 tons – Mol told MTI....

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Huawei’s brand value has grown to one and halffold, Amazon is the most valuable brand

Huawei’s brand value grew by more than fifty percent over one year, according to the Global 500 2018 ranking of the Brand Finance Business Evaluation and Strategic Consulting Company –...

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(HU) Vendégváró sajtfalatok

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Magazine: GKI celebrates 25 years with a conference

GKI Economic Research Zrt. organised a conference to celebrate its 25th birthday. Participants discussed whether Hungary should join the euro area or not. Nándor Csepreghy, secretary of state at the Prime Minister’s Office opined...

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A new member will be added to the Central European leadership of Mars

As a global FMCG company, the family-owned Mars greets a new board member: as part of the corporate communications strategy, Zuzana Lošáková joins the company as a director of corporate...

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The advertiser giant warns Facebook and Google

Unilever, one of the world’s largest advertisers, will spend less on marketing at Google and Facebook, if these platforms continue to divide, spread hate or fail to protect the child...

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The competition commissioner named the last condition of the giant fusion

Margrethe Vestager EU Competition Commissioner sees only one issue to be clarified before the Bayer-Monsanto fusion, and this is about future digital developments – agrarszektor.hu wrote. Bayern made a generous...

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A new city district can be built next to the WestEnd

The Gránit Pólus is planning a development in the most prosperous area of Central and Eastern Europe and Budapest – Világgazdaság Online wrote. The western city center is the largest...

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Waberer’s: Growth continues in the rest of the year

Waberer’s International Plc. expects growth to continue in the last quarter and the expected results will be fulfilled in 2017, on the basis of the favorable third quarter. Lajkó Ferenc,...

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SPAR helped hundreds of thousands people

SPAR spent about 170 million HUF on social initiatives and charitable purposes in 2017. For many years, the company has been focusing on supporting communities and organizations involved in public...

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Fraudulent webshops are suspected of offering cheap products

Fraudulent webshops are fundamentally different from those that work regularly, that they are offering their products remarkably inexpensively, and their appearance is very simple – the Quadron Kibervédelmi Kft. told...

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Heineken’s profits increased last year

The Heineken beer company’s operating profit excluding one-off items rose 6.2 percent to 3.759 billion euros last year, which was broadly in line with the analysts’ expected 3.75 billion euros...

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Soon, whiskey can be produced by using wind power

Brown-Forman, producer of Jack Daniel’s, has contracted an energy company in Kansas. The Solomon Forks wind farm will soon provide nearly all of the beverage manufacturer’s electricity demand from wind...

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Hungarian company structure continues to consolidate

In 2017 about 40,000 companies were deleted and 27,000 new ones were founded in Hungary. The number of companies has been decreasing for 5 years now. According to Richárd Pertics, business unit...

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What will 2018 bring? Risk analysis sector by sector

Credit insurance company Euler Hermes analysed five key sectors at the end of last year – the automotive industry, building and construction, freight forwarding, the food industry and retail trade. As...

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(HU) Friss és egészséges – kecskesajt az ALDI-nál

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