News and articles
Reducing plastic by 80 percent: Cleanyst launches at-home reusable products system
Personal care and cleaning products company Cleanyst has launched an innovative at-home system that allows consumers to easily create plant-based products using concentrated ingredients and water from their own taps....
Read moreAldi Denmark Removes Plastic Screw Caps From Own-Brand Milk
Aldi Denmark has announced that it has removed plastic screw caps from its private-label milk and cream packaging. The move will help the company in reducing its annual plastic consumption...
Read more
John Lewis Tests ‘Click And Collect’ Service With Co-op
The move is part of John Lewis & Partners’ strategy to reach more customers by leveraging its supply chain. The service will be extended to five Co-op food stores by...
Read more
Magazine: Fewer holes in the cheese market
The cheese market became a bit less hectic last year: the price of milk didn’t change as often as before. Thanks to the rather constant cheese prices, consumer demand was...
Read more
The development of Etele Plaza and Budapest ONE reached a milestone
The realization of South Buda’s future commercial and business driving force, Etele Plaza and Budapest ONE office park entered into the next phase. The Futureal Group will soon be ready...
Read moreThe loan portfolio of agricultural enterprises grew
According to a research, the loan portfolio of agricultural holdings of agri-food enterprises grew by 0.57 percent, compared to the end of the last quarter of 2018, while compared to...
Read more
More than 10,000 children receive a candy package on children’s day
The last Sunday of May is a children’s day, and the Hungarian Food Bank Association is preparing a special competition for this event. Not all children are fortunate enough to...
Read more
MNB: the shock resilience ability of the Hungarian banking system remains strong
The shock resilience of the Hungarian banking system remains strong, and the institutions of the domestic banking system would meet regulatory expectations even in the event of a significant negative...
Read more
The ti:me Agency won a Bronze Award at the A ‘Design Award for designing the paradigm shift package of the Ooops! brand
The ti:me Agency won a Bronze Award at one of the world’s most important international design competitions with the paradigm shift design package of the Ooops! brand of the Hungarian-owned...
Read more
May the Rosé be with You!
The 8th Rosalia Festival, Rosé and Pezsgő Liget (Rosé and Champagne Grove) will take place between 31 May and 2 June. Location: Budapest, 14th district, Városliget, the shady meadow behind...
Read more
Parents spend 2-6 thousand forints on toys on children’s day
Hungarian parents spend 2-6 thousand forints on toys and games on children’s day. Most of them buy outdoor or development toys and sports equipment – according to the survey sent...
Read more
The future paper handkerchief to be made of straw
One of the world’s largest manufacturers of hygiene paper products, Essity, announced a 12 billion HUF green development. In the future, the company will produce household and industrial professional hygiene...
Read moreIATA: air cargo processes need to be renewed
It is necessary to renew the processes of air cargo transportation, as they have not changed in the last 20 years. The digitalisation of the industry has to be started...
Read more
Apple is leading Forbes’ top 100 list
Apple is leading the top 100 list of Forbes’ most valuable brands. On the top 100th list of the Most Valuable Brands of Forbes, Apple was ranked 1st with 205.5...
Read moreThe German business sentiment has deteriorated
In May, the German business sentiment index of the Ifo Institute for Economic Research of the University of Munich deteriorated with a greater extent than expected. According to a survey...
Read more
Global M&A appetite at 10-year high fueled by portfolio reshaping
59% of companies worldwide plan deals in the next year fueled by portfolio reshaping Strong M&A intentions accelerated rather than stalled by uncertainty Despite Brexit uncertainty, UK is top investment...
Read moreDreher launches new products
After the earlier transformation of its Dreher Classic into Dreher Gold, the Hungarian brewery has announced the introduction of a brand new Dreher Red Ale and a new appearance for...
Read more
A five-star flavour by Fanta: the new Fanta Melon Soda is here
One of the most delicious green sodas that you will ever try! Much different than traditional Fanta soda, this product has full melon flavor which is perfectly balanced with the...
Read more
Italy’s Unicoop Firenze Bans Disposable Plates and Glasses
Unicoop Firenze is set to become the first major Italian supermarket chain to impose a ban on the sales of disposable plates, glasses, and cutlery made of plastic. The ban...
Read more
X5 Retail Group Opens 15,000th Store In Russia
Russian food retailer X5 has announced that it has opened its 15,000th store. The new launch is a Pyaterochka outlet in Zelenograd featuring a new store design. The new features...
Read more
Lidl Netherlands Removes Wine From Its Online Assortment
Discounter Lidl has removed wine from its online offerings in the Netherlands. The move is a part of the retailer’s strategy to focus exclusively on non-food items in its online...
Read more
Magazine: Life and food can be sweet without sugar!
There is a growing number of conscious consumers in Hungary who pay attention to buy products made using healthy ingredients. Many products are now made without added sugar and/or with low...
Read moreOECD: the growth of the Hungarian economy is slowing down, but remains strong
The growth of the Hungarian economy is slowing down but remains strong this year and next year -according to the latest OECD forecast released on Tuesday. Analysts from the Paris-based...
Read more
COOP’s poition is stable
After a growth of about 4 percent, the COOP Economic Group achieved a turnover of 627 billion HUF last year. The company despite all the changes and the pressures of...
Read more
Nagy István: the new Animal Husbandry Act establishes a successful era in the sector
The new Animal Husbandry Act establishes a successful livestock breeding era. The draft is already before the Parliament – the Minister of Agriculture said on Wednesday in Domony. In his...
Read more
The Hungarian Product is promoted with an advertising film
The Magyar Termék Nonprofit Kft. (Hungarain Product Nonprofit Ltd.) has started an advertising campaign to support the growing recognition of trademarked products in the social media. The advertising film sets...
Read more
Farmers have no money to switch for the alternative breeding of laying hens
Farmers are not strong enough to move to alternative hatchery. The change would require a huge investment within a short period of time, as 90 percent of Hungarian production comes...
Read moreA general VAT reduction is possible in the long run
Varga Mihály, Minister of Finance also spoke about the government’s long-term tax plans in the interview with Világgazdaság. Among these, he mentioned that the government would like to reduce the...
Read more
The Nyírzem Group celebrated its 20th anniversary
The growth, acquisitions, and return of the profits generated are the key to the success of the Nyírzem Group – Pekó László, President and CEO of Nyírzem Zrt. said. Pekó...
Read more