News and articles
Retail trade in the euro area was lower than expected in May
According to the seasonally adjusted data, the European Union’s Statistical Office (Eurostat) announced on Tuesday that retail sales increased by 1.4 percent in the Euro Zone in an annual comparision,...
Read moreThe number of nylon bags sold in England has dropped by eighty-six percent since 2015
The number of nylon bags sold in the seven largest supermarket chain stores has fallen by eighty percent since 2015 in England, but still over one billion a year. England...
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Amazon achieved largest quarterly profits
Amazon has reported results surpassing the expectations on its second quarter performance – marketplace.com wrote. The company generated nearly 53 billion USD in turnover in the previous quarter, which was...
Read moreThe volume of retail sales grew by 6.4 percent in the first five months in Romania
In Romania, the volume of retail sales grew by 6.4 percent in the first five months of the year, compared to the same period of last year – the National...
Read moreThe factoring market broke records last year
The factoring market in Hungary has gained a record turnover last year, but unlike the tendency in the European Union, the share of the micro and small companies decreased from...
Read moreOver 60 million tonnes of cereal crops are expected in Ukraine this year
The Ukrainian Ministry of Agriculture has not changed its previous forecast after the harvest has begun and continues to expect 60 million tonnes or slightly more cereal production this year,...
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Magazine: Young shoppers economise and want physical stores to stay
According to the results of the Cetelem Panorama 2018, a survey conducted in 17 European countries, optimism returned to Europe. Rated on a scale of 1 to 10, respondents gave...
Read moreMore than expected flour price increase may come
This year there will be more feed wheat than mill quality – the professionals experienced as the end of harvesting is approaching. Wheat prices are constantly increasing, mills and bakeries...
Read moreThe current Hungarian CAP support rate should remain!
The current Hungarian support rate should remain in the post-2020 EU Common Agricultural Policy (CAP) period – agrarszektor.hu wrote. According to the findings of the Agricultural Forum of the Free...
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Coca-Cola Hungary will use more lighter and more environmentally friendly bottles
Coca-Cola Hungary will reduce the weight of its plastic bottles by 20 percent and increase their recycled raw material content to 40 percent by 2020 – the company told MTI...
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Orbit greets summer with the taste of juicy orange
The hot, tropical weather is inviting us to relax in the shade of trees. In addition to this, summer also means juicy fruits, which provide a constant refreshment. Your favorite...
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The applicants have won more than 22 billion forints in the framework of VEKOP
A total of more than 22 billion HUF was won by 177 small and medium-sized enterprises, local governments, health care institutions, vocational training centers and tanker centers in the ten...
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The ripening of grapes is ten days ahead in the vineyards in Villány
This year, the ripening of grapes take place ten days earlier in the Villány wine region. it is expected that havest to start earlier than average – Ipacs Szabó István,...
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The Nébih has taken measures against a Pastry-webshop
The National Food Chain Security Office (Nébih), has taken measures against a Pastry-webshop. The operator of the takeacake.hu website has admitted the shortcomings discovered during the procedure and terminated the...
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The verdict of the European Court of Justice strengthens the domestic GMO-free strategy
According to Nagy István, Minister of Agriculture, the verdict of the European Court of Justice further strengthens the domestic GMO-free strategy. The court in its verdict, published on Wednesday told...
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Nestlé increased profits and turnover
The Swiss Nestlé Food Group’s profits and turnover have also risen in the first six months of this year – Világgazdaság Online wrote. Nestlé announced on Thursday that its after-tax...
Read moreForeigners pay almost half of the Hungarian toll
The budget had gross revenues of 162 billion forints from e-stickers and e-tolls, in the first half of this year, 8 percent more than in the same period last year....
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(HU) Elindult az „Év kereskedője 2018” verseny
Sorry, this entry is only available in HU....
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Appenin has signed a contract to buy the Club Aliga
The Appeninn BLT Kft., the subsidiary of the Appeninn Vagyonkezelő Holding Nyrt., signed a sales contract on Wednesday on the buying of the 74.99 percent stake of the PRO-MOT Hungária...
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Sygenta: grape crop is good before the harvest
Harvesting may take place weeks earlier this year in most of the country’s wine regions. The grapes are in good condition almost everywhere, so producers expect a good year and...
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Significant price increases may occur in case of dairy products
Experts are not exclude that by the end of the year the shops will be out of butter. the European milk shortages can be huge – hvg.hu wrote. The price...
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Domestic retail chains consider the use of recyclable packaging materials
Domestic retail chains seeks for full recyclability or compostability, when purchasing packaging materials and shopping bags – Világgazdaság Online wrote. After Lidl in Germany announced in April that it will...
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It is getting harder for banknote counterfeiters
The MNB (Hungarian National Bank) has started the exchange of forint banknotes in 2014. The security features of the renewed banknotes now provide much more complex protection against possible counterfeiting,...
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Another 1.2 billion HUF for farm development
This year, the Farming Development Program, which has been running successfully in recent years, continues – magyaridok.hu wrote. After the nearly nine billion forints awarded between 2011 and 2017, another...
Read moreWith the change in consumer habits, the number of night workers in the UK has doubled
With the change of consumer habits, the number of retailers in the UK who have been working mainly at night has doubled, in the past ten years. According to the...
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The trading house held training courses for Hungarian entrepreneurs in Székelyföld
Entrepreneurship and export development trainings were held for Székelyföld’s Hungarian entrepreneurs, organized by the Hungarian National Chamber of Commerce (MNKH) on Wednesday in Tusnadfürdő, within the framework of the professional...
Read moreRussia is preparing to expand its agricultural exports
Russia has fulfilled the role of import substitution for the main foodstuffs, now agricultural exports have to be expanded, Deputy Prime Minister Alexey Gorgyejev said on Wednesday in Moscow. Gorgyejev...
Read moreThe ifo German business sentiment index decreased less than expected
In addition to improving of the current economic conditions, the business sentiment index of the ifo Institut in Germany was less than expected in July. On Wednesday, the Institute for...
Read moreFurniture is assembled in the Indian IKEA store
The first IKEA store in India will be opened in August – 444.hu wrote. The company began to inquire about the Indian market five years ago, where two hundred million...
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