Company and Personal News
K&H: SMEs’ expectation of results and investment intention improved somewhat
The profit expectations and investment intentions of Hungarian micro, small and medium-sized enterprises improved somewhat in November last year compared to the previous quarter, while their sales forecast stagnated based...
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Flora helps Heart Awareness Month with tips
In Hungary, about a third of the population suffers from high blood pressure, 49 percent of deaths are caused by cardiovascular diseases, for example, in 2019, about 64 thousand people...
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Together with its customers, ALDI supported those in need
Social responsibility is extremely important to ALDI, the defining element of which is environmental awareness and social sensitivity. The company has been doing important social work for years through joint...
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The Adj hozzá program starts
Helping others, navigating the maze of business life, imparting a successful entrepreneurial approach, “paving” the path to prosperity with the imparted knowledge – this is what drives the successful leaders...
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Max Verstappen is the new international ambassador for Heineken® 0.0
Sorry, this entry is only available in HU....
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Dual appointment at the head of DS Smith
DS Smith has announced double promotions to ensure leadership succession. Zsolt Fekete, who has been leading the company’s domestic unit until now, has been appointed regional business development director. In...
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Technology development at Foodbox Kft
Vértesszőlős-based Foodbox Kft., which manufactures and distributes ready-made meals, implemented technological development and increased capacity from HUF 855.54 million, the company told MTI. For the investment, the company won HUF...
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Use nearly 14 tonnes less paper from this year to Spar
SPAR Hungary took a big step towards environmental awareness again. The company reduces the paper administration needed to operate its stores by digital solutions. With the measure, the company saves...
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173 local organizations collected HUF 42 million from Tesco
He entrusted the fate of HUF 42 million to Tesco customers, who decided in the stores which local communities should share the support. The department store chain announced its “You...
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Dietary supplements intended for men have been withdrawn from circulation by Nébih
The National Food Chain Safety Authority (Nébih) has withdrawn dietary supplements intended for men containing pharmaceutical ingredients from the market. The measure affects all batches of the Anaconda for men,...
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The sales revenue of BioTechUSA has already reached HUF 80.4 billion
The domestic company is doing better every year, which is slowly reaching the whole world. The CEO and co-owner of BioTechUSA, Bálint Lévai, believes that they have already reached the...
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Penny-Market raises wages by 17 percent
Penny-Market Kft. will raise the wages of its employees by an average of 17 percent with effect from April 1, the retail chain told MTI on Monday. In addition to...
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Aldi International IT Services Kft. raised wages
Aldi International IT Services Kft. (AIIS), the Hungarian subsidiary of the German discount chain that provides IT services, increased the wages of its employees by 10 percent this year, increasing...
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IKEA fights for sustainability not only with its furniture, but also with its food
IKEA wants to become a climate-positive company by 2030, but for this it needs to produce more plant-based food. In 2022, approximately 520 million guests tried IKEA’s food offering, which...
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Deloitte: regional companies expect GDP growth of less than half a percent
The financial managers of Central European companies expect an average GDP growth of 0.33 percent this year compared to 2.3 percent in 2022; this year’s is close to the 0.25...
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The Cosmetics Europe COSMILE Eu database has been launched
The database on cosmetic ingredients prepared by Cosmetics Europe has become available in the European Union. On February 16, 2023, Cosmetics Europe launched the COSMILE Europe ingredient database, which provides...
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We already know which is your favorite donut!
The carnival season cannot pass without doughnuts, and we Hungarians love the traditional, home-baked ribbon donut filled with apricots the most. – at least this is what was revealed in...
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K&H Bank’s profit fell by 10 percent last year
K&H Bank’s profit after tax fell by ten percent to HUF 67.6 billion in 2022, Attila Gombás, head of K&H Bank’s financial division, announced at an online press conference on...
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Tesco chooses a different strategy instead of promotions
“Hungarian customers do not need a reduction in the price of a single product, but rather long-term low prices and personalized shopping discounts with which they can optimize their household...
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Gyermelyi Zrt. handed over a new mill
On Friday, Gyermelyi Zrt. handed over a new mill built with an investment of more than HUF 6.5 billion, making the company Hungary’s largest mill industry enterprise operating within one...
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MasterCard won the “Sustainable Initiative of the Year” award
The “Sustainable initiative of the year” category of MasterCard’s Bank of the Year competition was won by K&H Bank’s green home loan, which is the first and so far unique...
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Bosch announced a 70 billion HUF investment in Hungary
Robert Bosch Power Tool Kft. has announced an investment of almost HUF 70 billion in Hungary, within the framework of which a logistics center will be established by the end...
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The Pest County Government Office also examined products promising miracles
Last year, the consumer protection department of the Pest County Government Office carried out more than 1,200 official inspections and imposed a HUF 28 million consumer protection fine, the head...
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The price cap often means a loss of HUF 300 per kilo or liter
Katalin Neubauer, secretary general of the Hungarian National Trade Association (MNKSZ), spoke to Index about the consequences of the price cap for traders. “It is most noticeable in the case...
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Due to its declining profits, Nestlé is preparing for further price increases
The Swiss Nestlé, one of the world’s leading food industry companies, ended last year with a pre-tax profit of 9.3 billion francs, which is a significant 45.2 percent decrease compared...
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The sales revenue of the BioTechUSA company group increased by 40 percent last year
The BioTechUSA company group closed the year 2022 with a record financial result, its sales revenue increased by 41 percent and reached HUF 80.4 billion, its earnings before interest, taxes...
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Geothermal energy is the future: the P&G factory in Czömör strives to utilize thermal water
The initial studies and surveys found thermal water under the Procter & Gamble plant in Csömör, so thanks to the company’s fortunate geographical conditions, it started long-term planning in cooperation...
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The competition office initiated proceedings against the manufacturer and distributor of the Regenera drink
The Hungarian Competition Authority (GVH) has launched an investigation against the manufacturer and distributor of Regenera’s revitalizing and anti-hangover drink, SSHS Group Kft., and Regenera Hungary Kft., because their advertisements...
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Another step towards sustainability: Danone has also joined the Green Pledge
Danone Magyarország Kft. also acted in support of the enforcement of environmental protection and sustainability in the market of the marketing and advertising industry, when it joined the Self-Regulatory Advertising...
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Coop’s edible oil collection service continues to be successful
So far, customers have handed in more than 600,000 liters of used cooking oil at the trade group, who also receive a HUF 100 coupon for every liter handed in....
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