News and articles
More than 1,900 tons of used cooking oil were collected by Mol
Mol has collected more than 1,900 tonnes of used cooking oil from the past nine years, which is used to make biofuels – the company said on Monday. According to...
Read moreYou can stay in your home office
With the partial revival of the economy, the expectations of companies have also improved this year, as according to K & H’s June survey, almost half of Hungarian small and...
Read moreGerman exports jumped
Germany’s exports jumped significantly in June, at double-digit rates, in June compared with the previous month, while imports rose less than expected, leaving both trade and current account surpluses higher...
Read moreChina’s exports grew in July in excess of expectations
China’s exports increased in July, far exceeding expectations, but imports declined. According to data released by the Chinese customs service on Friday, the dollar-denominated value of exports rose 7.2 percent...
Read moreAn illegal tobacco factory was liquidated in Spain
Illegal tobacco factories were closed, seven people were detained, six million cigarettes ready for sale and more than 72,000 euros (about 25 million forints) in cash were seized by the...
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The 2019 financial year was a success for SPAR
At the end of 2019 SPAR operated 34 Interspar hypermarkets, 328 SPAR and 20 City SPAR supermarkets, plus the retail chain also had 24 SPAR partner, 53 SPAR market, 85...
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Sailing is easy in good wind
In 2019 Rossmann Magyarország Kft.’s sales revenue was up almost 8 percent, but it was a year full of challenges. Managing director László Flórián told that the premiumisation process...
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XIXO has started new image campaign
HELL ENERGY Magyarország is using intense campaigns and presence to reposition its XIXO brand. A new image commercial has been filmed to communicate the renewal of the XIXO brand, and...
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Smart foods available in more counties
Siófok-based Royal Sütöde Kft. has joined the franchise system of smart food maker and distributor Okos Élelmiszerek Kft., and will soon supply consumers in Bács-Kiskun County and parts of Somogy,...
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New director in the Kifli.hu team
From July János Makkay has been the managing director of Kifli.hu, replacing James McQuillan in the position. The new managing director comes from the FMCG sector, having worked as sales...
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ALDI creates new jobs in Hungary
ALDI has announced that the opening of the company’s cold storage facility in Biatorbágy entails recruiting 50 people, plus the retailer also creating 100 new positions in its 145 stores....
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Business Dinner 2020: ‘It is unlikely that we will have to step on the brake this hard again’
Trade magazin’s traditional end-of-May Business Dinner was organised online this year. The participants were Dr Zsolt Feldman – state secretary of the Ministry of Agriculture, András Báldi PhD – scientific...
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Macy’s calls for brand ambassadors
Anyone with dreams of becoming a style influencer can take a shot at joining the Macy’s Style Crew. Launched with the department store chain’s employees in 2017, Style Crew is...
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Kroger piloting mobile payments strategy
Kroger Co.’s QFC grocery division is launching a contactless payments pilot that lets shoppers complete purchases with Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless...
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Consumers without masks can still shop at Walmart
Despite a mandate that consumers wear facial masks in light of the ongoing coronavirus pandemic Walmart isn’t enforcing the requirement within its stores. Customers without facial masks will still be...
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Magazine: #buyhungarian grows into a movement
More and more companies join the ‘Buy Hungarian! Support Hungarian food companies!’ campaign – informed Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. She told that any company can...
Read moreAM: this year’s wheat crop could be about 4.7 million tons
About 4.7 million tons of winter wheat were produced this year, domestic consumption is usually 2.5-3 million tons, so there is plenty remained to be exported – the Deputy State...
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Harvest has begun
With the harvesting of the earliest ripening grape variety, Csabagyöngye, the harvest began in Hungary on Saturday – the co-owner-manager of Varga Pincészet Kft. said in Ordacsehi, Somogy county. Varga...
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The Talentis Agro Zrt. donates two hundred bags of wheat to the Hungarian Bread Program
The Talentis Agro Zrt., part of the Mészáros Group, contributes to the Hungarian Bread program with about 200 bags of wheat. MTI / Rosta Tibor In this year’s program, farmers’...
Read moreProfession.hu: people worked 5 days a week from home during the time of the emergency at 33 percent of the companies
At the time of the emergency, employees worked 5 days a week from home during the time of the emergency at 33 percent of the companies. 16 percent had 3-4...
Read moreKSH: foreign trade surplus was 697 million euros in June
In June, the value of exports in euros decreased by 3.1 percent and imports by 5.7 percent year-on-year. The foreign trade balance of products improved by 201 million euros and...
Read moreBisnode: the willingness to start a business declined in the first half of the year
The number of companies decreased by one and a half percent, the number of company start-ups by 14.7 percent, while the number of liquidations increased by almost 40 percent in...
Read moreThe wine weeks in Balatonfüred were opened
The wine weeks in Balatonfüred were opened, and at the event, the Minister of Agriculture Nagy István announced a 1.8 billion HUF support package aimed at supporting winemakers. The head...
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Waberer’s published its second quarter results
In the second quarter of this year, Waberer’s International Plc.’s revenue decreased by 33.1 percent to 115.5 million euros, and its regular net loss increased from 9.1 million euros last...
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Private Label gives energy
More and more consumers, especially Millennials, seek healthier energy alternatives to boost their busy on-the-go lifestyle. The category presents opportunities for FMCG market growth and private label. Chef Berry Pronk...
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Animal feed from Pakistani locusts
Pakistan has been plagued by an increasingly severe locust invasion for years. This year’s “season” has already begun and may last until mid-September – origo wrote. Scientists are working hard...
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Conscious consumers are living among us
According to GfK, Hungary’s GDP growth in 2019 was one of the best in the European Union. The engine of retail sales growth was the increase in purchasing power. Last...
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ICSC: Back-to-school shopping spend to rise; will extend into September
The average consumer expects to spend more on back-to-school items this year than in 2019, despite continued uncertainty over school openings amid COVID-19. That’s according to a survey by the...
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Jumbo Launches Own-Brand Vegetarian And Vegan Range
Dutch retailer Jumbo has announced the launch of ‘Lekker Veggie’ meat alternative range offering 42 vegetarian and vegan items. The new range builds on the retailer’s Veggie Chef range and...
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