News and articles

Wave of bankruptcies may occur in German tourism and hospitality

Since World War II, the biggest loss of revenue could occur and a wave of bankruptcies could begin in the German tourism and hospitality industry, according to data from the...

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Unilever to eliminate fossil fuels in cleaning products by 2030

Unilever, a leading manufacturer of cleaning and laundry products, today announces it will source 100% of the carbon derived from fossil fuels in its cleaning and laundry product formulations with...

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Penny To Remove Plastic Lids From 500gm Yoghurt Cups

German discount retailer Penny has announced that it is to remove plastic lids from all own-brand 500-gram yoghurt cups. The initiative will help the discounter in removing 50 tonnes of...

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Coca-Cola To Switch To 100% rPET Bottles In Norway And The Netherlands

Coca-Cola has announced plans to transition into 100% recycled PET for locally produced bottles in Norway and the Netherlands. The initiative is in line with Coca-Cola’s pledge to eliminate new...

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Pandemic E-Commerce Surge Spurs Race For ‘Tesla-Like’ Electric Delivery Vans

Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch...

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Magazine: Winners of the first Symbol of Sustainability competition

Trade magazin organised the Symbol of Sustainability competition, which sought to present successful projects that can contribute to a more sustainable future. There were 23 entries and the jury of...

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SPAR is expanding its logistics centers in Bicske and Üllő with 4.5 billion HUF

In order to serve its national store network at a higher level, the SPAR Magyarország Kereskedelmi Kft. started capacity-increasing investments in the logistics centers of Üllő and Bicske, “Since the...

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The cornerstone of the new vegetable oil refinery has been laid

The Hungarian government considers all companies that are now carrying out developments and investments in order to preserve their jobs and create new ones to be allies – the Minister...

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KSH: foreign trade surplus was 262 million euros in July

In July, the value of exports in euros decreased by 5.6 percent and value of imports by 7.7 percent year-on-year. The foreign trade surplus improved by 184 million euros to...

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MKIK GVI: the capacity utilization of companies has reduced

The capacity utilization of companies has decreased as a result of the coronavirus pandemic – the Economic and Enterprise Research Institute of the Hungarian Chamber of Commerce and Industry (MKIK...

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More and more people are investing in European insect breeding startups

For many of us here in Europe, the idea of insect breeding sounds a little strange, yet the time may have come to rethink the role of insects – origo...

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Employment in the European Union plummeted in the second quarter

The second quarter saw the largest decline in employment ever recorded in both the euro area and the EU, according to a report by Eurostat, the European Union’s statistical office,...

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To protect our health, take antioxidants

Maintaining our health, strengthening our immune system, reducing the negative physiological effects of stress is always important, but there are situations and periods when this can be especially important. You...

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China’s exports rose again in August, exceeding expectations again

China’s exports grew in excess of expectations again in August, but the decline in imports deepened further. According to data released by the Chinese customs service on Monday, the value...

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More than 300 new fish species have been identified in Russian freshwater

More than 300 new fish species have been identified in the freshwaters of Russia and neighboring regions in a comprehensive study of fish and marine diversity. The study, led by...

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Storecheck in the first Amazon Fresh

Amazon held an invite-only store visit for a small group of customers. They got an exclusive look inside Amazon’s new grocery store from one of the few customers allowed inside....

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Magyar Suzuki Passes 3,5 Million Model Production

3.5 million Suzuki models were made in about 30 years to 123 countries at the Esztergom plant of the Japanese subsidiary. The international automotive company has come a long way...

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Henkel Joins Plastics Pact

Today, Henkel North America has joined the U.S. Plastics Pact, a collaborative, solutions-driven initiative rooted in four ambitious goals intended to drive significant systems change by unifying diverse cross-sector approaches,...

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POPAI reports

The world closed and then opened up again Programmes organised online because of the pandemic are also accessible to those who wouldn’t have been able to take part in them...

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What can the Hungarian economy expect this year

Less than four percent, or more than seven percent, what is it? – the portfolio.hu asks the question. The expected extent of this year’s economic downturn in Hungary. The question...

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We even had a splash in the store

Before the second wave, we also spent as much in August as we did a year ago. But then? What about our wallet? Online stores can tip the scales here...

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Hungarian farmers are becoming more and more open to technological developments

Hungarian farmers consider technological developments to be essential. 68% of them would invest in various upgrades, and some of them have already started investing. The tools of precision farming are...

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The coronavirus also changed beverage habits

Once the coronavirus has grown into a worldwide pandemic, there will be almost no sector left unaffected. After several months of restrictions, consumers returning to the stores are no longer...

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24 tonnes of food donations have been raised in Tesco’s record-breaking campaign

From June to the end of August, shoppers were able to donate durable food to those in need at Tesco stores. Speaking of the longest fundraising campaign in the history...

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There are many places where commuting between office work and the home office remained

Due to the protracted nature of the pandemic, it is still unclear when we can return fully to the office and how long the “hybrid” work will remain. We now...

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Hervis continues its expansion in Hungary

Although domestic retail has been deeply affected by the economic effects of the Covid-19 pandemic, Hervis is sticking to its business and expansion plans. The company did not need to...

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New government commissioners have been appointed

The government has established economic development zones, and in connection with this, government commissioners have already been appointed – index wrote after Magyar Közlöny. Navracsics Tibor will be responsible for...

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The best artisanal cheeses and dairy products competed at the Sajtmustra

On September 5 this year, a competition for the best Hungarian handcrafted cheeses and dairy products, the Cheese Muster (Sajtmustra) that was held at the Etyek Visitor Center in Etyek...

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They don’t ask for the real price of food in stores

The hidden costs were also taken into account, so the so-called real price of each food was calculated in a research in Germany, wrote startlap.hu after magyarmezogazdasag.hu. In one of...

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Bundesbank: no more government and central bank subsidies!

Jens Weidmann, the president of the Bundesbank, saw the time had come to make it clear that government and central bank subsidies introduced due to the coronavirus crisis should be...

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