News and articles
35,000 festivalgoers chose the Lidl Fesztmarket
At this year’s EFOTT and Campus festivals, nearly thirty-five thousand festivalgoers chose the Lidl Fesztmarket, where the store chain offered its customers alternative products during the festival as part of...
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Thousands of shops in Budapest are waiting for tenants
About two to three thousand retail properties are vacant in Budapest, depriving the owners of municipalities, condominiums and private owners of revenue – origo wrote after Világgazdaság. According to the...
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The waste derby starts on the Upper Tisza for the seventh time
In the first week of August, the Pirate Teams of the PET Cup starts to collect waste onto their ships again for days from the River Tisza between Tivadar and...
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The DS Smith Packaging Hungary Kft. started production of paper pallets
The DS Smith Packaging Hungary Kft., a developer of packaging materials, developed a paper pallet and a related product line, as well as the technology needed for its production from...
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The rate of increase in consumer prices in the euro area slowed down in July
Consumer price growth in the euro area slowed to a seventeen-month low in July. According to the preliminary data released by the European Union Bureau of Statistics (Eurostat) on Wednesday,...
Read moreThe US-China trade war can hold back world trade
DHL’s Global Trade Barometer expects global trade to decline in the coming period – piacesprofit.hu wrote. Traffic is also declining in the air and maritime trade. Due to the growing...
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VPK Packaging Salonta is 10 years old
VPK Packaging has been present in the Romanian market for 10 years. On 17 May 2019 the company invited partners to Double Tree by Hilton in Oradea, to celebrate the anniversary. Dirk...
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Sirha Budapest: Almost half of the exhibition space is already booked
The next Sirha Budapest trade show will take place on 4-6 February 2020. It perfectly shows the significance of the Budapest event that already about100 companies have booked 5,000m² of exhibition...
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UPS coming up with drones
The delivery giant is done experimenting and is petitioning the FAA for the right to launch revenue-generating drone flights without today’s restrictions. If UPS gets its way, it’ll be known...
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LG rolling out HomeKit and AirPlay 2 support
After initially slating a July 25 date to enable HomeKit and AirPlay 2 support for some of its 2019 TVs, LG has officially started rolling out software updates for its...
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Henkel Acquires Majority Stake In Hair Colour Business, eSalon.com
German consumer goods company Henkel has signed an agreement to acquire a 51% stake in the Los Angeles-based hair colouring business, eSalon.com. The acquisition will strengthen the Schwarzkopf maker’s hair...
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Morrisons to boost customer loyalty with new partnership
Morrisons has teamed up with market research company IRI to help improve customer loyalty. The analytics firm will help the Big 4 grocer to better understand customers, predict analytics and...
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Magazine: The land of milk and…milk drinks!
The milk drink market is booming: sales have been growing by two-digit numbers for years, driven by iced coffees – but sales of flavoured milk drinks also increased. Mária Tell-Prantner,...
Read moreBeer Association: 2.4 percent less beer was sold in the first half of the year
Beer consumption decreased in Hungary in the first half of the year, according to the president of the Hungarian Brewers’ Association, mainly due to the cooler weather. In the first...
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KSH: double-digit earnings growth again in May
In May, gross and net average earnings were 11.2 percent higher than a year before. After the 9.0 percent growth in April a double-digit growth occured in May. Excluding the...
Read moreEY: Hungarians are open to digital technology
Hungarians using the Internet are the most open to applying digital solutions in the Central and Eastern European region – according to a study by EY, an international audit and...
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The deadline for paying the first installment of the Food Chain Supervision Fee expires on Wednesday
According to the notice of Nébih sent to MTI, in order to ensure smooth administration, it is important to include the taxpayer / identification number of the payer on the...
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KSH: unemployment fell to 3.3 percent in the second quarter
In April-June, the average number of unemployed was 155,000, and the unemployment rate was 3.3 percent, a new record after the 3.4 percent of a month before. The indicators of...
Read moreTesco: home delivery is getting more expensive
Tesco charges an additional 750 HUF in addition to the standard delivery fee for online orders below 10,000 HUF. The change will come into effect on August 1 – origo...
Read moreMore than 70 thousand packs of cigarettes were seized by NAV in Komárom-Esztergom County
More than 70,000 packs of cigarettes were seized by the investigators of the National Tax and Customs Administration (NAV) in Komárom-Esztergom County in two rented vans. The value of the...
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The economic climate in the euro area is at its lowest for three and a half years
Economic sentiment in the euro area fell to a three-and-a-half-year low in July, and the business climate indicator reached a six-year low, according to a report released on Tuesday by...
Read moreEighty wineries, 45 concerts at this year’s Debrecen Wine and Jazz Days
Eighty domestic wineries, 45 concerts, a jazz cinema and a craft fair are waiting for the visitors of the Debrecen Wine and Jazz Days on the shores of Lake Békás...
Read moreConsumer sentiment in Germany is at a two and a half year low,
GfK’s German consumer sentiment index for August decreased to a two-and-a-half-year low. According to a report released by GfK on Tuesday, the consumer sentiment index fell to 9.7 points in...
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Natural disasters caused less than average annual damage in the first half of the year
Natural disasters have caused less than average annual damage in the first half of the year – according to a survey released on Tuesday. The world’s largest reinsurer, the German...
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Motor fuels of the future and freight forwarding were in the centre of attention
On 30-31 May the drvingcamp centre was the venue of this year’s Innovation Days, where all the important players from the sector were present, courtesy of Shell Hungary Zrt., to...
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LG with a record revenue
— LG Electronics Inc. (LG) today announced record second quarter and first half revenues with consolidated sales of KRW 15.63 trillion (USD 13.40 billion) and operating profit of KRW 652.3...
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In harmony with nature – in biscuit production too
Mondelez International expands its sustainability programme further: there are already 1,700 farmers from 7 European countries participating in the Harmony project. The company’s goal is to supply each of its European...
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Danone Seeks Carbon Neutrality by 2021 With €25M Boiler Investment
Danone has announced an NZ$40 million (€25 million) investment in its Nutricia spray drying plant with the aim of achieving carbon neutrality by 2021. The company said that the achievement...
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PepsiCo buys into China’s Natural Food
PepsiCo has taken a stake in one of China’s biggest natural food companies, Natural Food International. The snacking company is buying 26 per cent of the business for US$131 million...
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