News and articles

Tesco’s result increased significantly

Tesco’s result increased significantly in the first half of the 2018-2019 business year, but the Central European business branch declined somewhat due to a change in Sunday’s opening hours in...

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SPAR: unusual sandwich promotion campaign

On 2nd October, the speed of pedestrians was measured by a special speedometer at the Széll Kálmán Square. The people who went to work and school were part of a...

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The Barnängen supports Children

Known as the Swedish skincare brand, Barnängen sets a noble goal. The SOS Children’s Villages for Hungary, together with the buyers, collect indirectly money donations, as they claim that reliable...

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New managers at dm from October

The dm is celebrating its 25th anniversary this year, an important organizational change has taken place in the company’s life: after the retirement of Wolfgang Strasser, from October 2018, Csoknyainé...

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Here is the cinnamon-flavored coke

Coca-Cola has announced thatt he company is preparing with cinnamon-flavored Coca-Cola for the holiday season. The novelty has already arrived at store shelves in England but will only be available...

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Romania’s retail sales increased

According to the raw data, Romanian retail sales grew 5.7 percent in the first eight months of this year, compared to the same period of last year the Romanian National...

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Czech economic growth slowed down in the second quarter

In the second quarter, Czech economic growth declined to 2.4 percent from the 4.1 percent of the first quarter of the year in an annual comparision – the Czech Statistical...

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IATA: passengers want more information and self-service airport systems

Air passengers want to receive more information about flights, security checks and luggage, and require more self-service airport systems, according to the latest annual poll conducted by the International Air...

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Magazine: Fierce competition between banks

The switch to digital processes in customer management is continuous in Hungarian banks. This creates great challenges for them. András Fischer, OTP Bank’s head of innovation – retail banking told our...

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New Milli and Pöttyös products

FrieslandCampina Hun­gária ZRt. came out with two new innovations: chestnut Pöttyös Túró Rudi and Milli Fitt cottage cheese cream with 30 percent lower sugar content, available in three flavours.Marketing director Dániel...

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Lavazza Buys Mars Coffee Units

Lavazza is broadening its operations in office coffee makers and vending machines with the acquisition, which was first reported by Bloomberg News. The transaction values the business at about $650...

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Bread Alliance: the baking industry sells white and half-brown bread below real prices

The bakeries sell their three products, the white, the half-brown bread, as well as water- roll below real prices Septe József, President of the Hungarian Baker’s Association tolMTI on Tuesday....

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KSH: export and import showed a double-digit growth

In July, exports in euro were 11.4 percent higher than in the previous year and imports increased by 10.8 percent. Foreign trade surplus was 362 million euros, 80 million euros...

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The U and U Ltd. expanded its plant in Rétság

The U és U Kft. (member of Urbán Group) expanded its capacity with a new manufacturing and packaging technology. photo: nogradhont.hu The Economic Development and Innovation Operational Program (GINOP) provided...

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ITM: 40,000 people swiched from public employment to the competitive sphere this year

In Hungary this year, 40,000 people switched from public employment to the competitive sector and 30 to 50,000 from the current 110 to 120 thousand can go to the primary...

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Nébih: only a fraction of the notifications in the EU alert system concerned Hungarian products

The National Food Chain Safety Office (Nébih) published on its website, referring to the annual summaries of the European Commission that only 0.7 percent of the almost four thousand notifications...

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Poli-Farbe can market its wall paint suitable for heating in the coming autumn

The Poli-Farbe Vegyipari Kft. (Poli-Farbe Chemical Ltd.) will start to sell paint suitable for heating next autumn – Szabó Antal, managing director of the company told on Tuesday in Budapest...

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Lidl’s parent company establishes a waste management company

In the future, the parent company of the discount chain Lidl wants to operate its own waste disposal. The parent company of the discount chain Lidl, the Schwarz Group, was...

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Producer prices in the euro area have risen more than expected

The EU’s Statistical Office the Eurostat announced on Tuesday that producer prices in August increased by 0.3 percent in the 19 member states of the euro area, compared to the...

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MNB: Október 31-ig lehet fizetni a régi 1000 forintos bankjegyekkel

Már csak egy hónapig, október 31-ig lehet használni a készpénzes vásárlásoknál a régi – 2017 előtt kibocsátott – 1000 forintos bankjegyeket, mert október végén a Magyar Nemzeti Bank (MNB) bevonja...

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US consumer sentiment improved in September

The mood of US consumers has improved significantly in September, according to the regular monthly survey of the Michigan University. The consumer sentiment index increased to 100.1 points from the...

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Promising digitalisation level of Hungarian SMEs with a high business potential

According to the results of UniCredit Bank and Inspira Research’s Business Potential study, Hungarian SMEs with a high business potential are of the opinion that only new technology-based solutions qualify...

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Consumer prices grew by 3.4 percent in August too

In August 2018 consumer prices were 3.4 percent higher on average than a year before, just like July. In comparison with August 2017, food prices increased by 4.1 percent. Egg’s...

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More expensive cereal crops

In July 2018 agricultural production prices grew by 1.2 percent from the level of July 2017 – reported the Central Statistical Offi ce (KSH). This increase was the result of...

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Retail sales up more than 5 percent

In July 2018 like-for-like retail volume sales augmented by 5.4 percent; adjusted for calendar effects, the sales growth was 5.3 percent – reported the Central Statistical Office (KSH). Food and...

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It is key to reward skilled workers and professionals

The latest Cofidis Loan Monitor survey has revealed that it is difficult for Hungarians to find specialist doctors (84 percent), electricians (82 percent), painters (80 percent) and home appliance repairers...

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Faster growth than expected, but it is losing speed

In the 2nd quarter of 2018 the Hungarian economy grew faster than expected – and faster than most EU member states – but if calculated with the EU methodology, the...

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One word is enough

On 6 September members of the Trade Marketing Club gathered to listen to presentations about unusual promotion campaigns, special product displaying ideas and new-type communication strategies. Each strategy presented started...

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The shopping centre of the near future

International shopping centre Westfield has presented its vision about the store of the future with the title Destination 2028. In Westfield’s concept the relationship between people and nature dominates. The...

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Our waste, our responsibility

Bottletop on Regent Street in London is the first zero-waste shop in the world. The interior is fully 3D-printed, using materials from 60,000 PET bottles, 75 car tyres and 3,500...

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