News and articles
Purina targets food waste by using surplus brewery grains in dog treat pilot
Purina today launches a new dog treat formulated with nutritious surplus grains from breweries. By upcycling grains that might otherwise be left to spoil, Purina is able to reduce food...
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USAID Partners with Nestlé to Boost Low-Carbon Coffee Production in Southeast Asia
The United States Agency for International Development (USAID) Green Invest Asia project has signed a Memorandum of Understanding with Nestlé aimed at reducing the company’s coffee carbon footprint in the...
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It’s in the bag! Tesco partners with Mondi to close the loop for shopping bags from retailer’s own paper waste
Leading global packaging and paper group Mondi and Tesco Central Europe have launched a new partnership, in which Mondi will purchase the retailer’s warehouse corrugated waste to create recycled paper...
Read moreAccording to a study, the coronavirus has changed consumer habits
As a result of the coronavirus, customer habits have changed and the composition of the consumer basket has also changed – stated a research conducted by Garai-Fodor Mónika, Dean of...
Read moreWithin the region, Erste is the fastest growing economy in Hungary
GDP growth rates in the region will be between 3 and 6 percent this year, with the strongest recovery of 5.5 percent expected in Hungary, the Erste Group told MTI...
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KSH: investments increased in the fourth quarter of last year
In contrast to the decline in the first three quarters of last year, the volume of investments increased by 2.5 percent in the fourth quarter compared to a year earlier....
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Shopkeepers: at least they tried
At the end of 2020, the pandemic washed away the festive rush of shoppers in stores, even though shopkeepers had high hopes for it – blokkk.com wrote. In the end,...
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This year, the amount of agricultural insurance premium subsidies increased to 11 billion HUF
Last year, the amount of support for agricultural insurance premiums increased from 5 billion HUF to 7 billion HUF, and this year by another four billion, the Association of Hungarian...
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KSH: employment decreased in January
The average monthly number of employees was 4,537,000. Partly as a result of the pandemic, partly due to seasonal effects, the number of employees decreased by 97 thousand compared to...
Read moreMLBKT: PMI declined in February
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in February fell by 49.4 points from the 54.5 points of January – the Hungarian Logistics, Purchasing and Inventory Company...
Read moreThis is waiting for the world after the pandemic: a new forecast has arrived
The US stock market will remain outperforming, China will not catch up with the United States by 2050. On the other hand, inflation will be higher while interest rates will...
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Express delivery at Walmart –without minimum order
From 1st May Walmart dropped the $35 minimum purchase requirement for its two-hour Express delivery service, which the retail giant launched last May. The rapid service is an “arms race” among the retailers in...
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We will pay for the global container shortage
We can feel the global health and economic effects of the coronavirus, not only on our skin, but also on our wallets. Thanks to last year’s buying fever, accumulated reserves...
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Serbia: shortened opening hours to come?
Restaurants and shopping malls could be open until two in the afternoon over the weekend in Serbia due to the decision of the crisis team in charge of dealing with...
Read moreConsumer sentiment in Germany has improved more than expected
The March German consumer sentiment index of the GfK economic research institute has improved beyond expectations. According to the survey, consumers expect an improvement in both the economic environment and...
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Half a million boxes of cigarettes were found by financiers at Nagylak
Half a million boxes of presumably counterfeit cigarettes were found by financiers in a Romanian truck at Nagylak, a spokesman for the National Tax and Customs Administration (NAV) told MTI....
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Another wave of the pandemic is already threatening grocery stores
In recent days, there have been indications from several places that another wave of pandemics in trade is already endangering daily operations – Magyar Nemzet Online wrote. It is possible...
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Analysts: the pace of wage growth will slow this year
Compared to the performance of the economy, wage growth was particularly dynamic last year, but this year the pace may slow markedly, as already indicated by the agreement on the...
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Coca-Cola: empty bottles and aluminum boxes are values even if they belong to the competitors!
The goal of all of us is to create a circular economy. However, this can only be done through joint efforts and if the packaging waste goes to the right...
Read moreHungarian live pork and meat exports fell
The volume of Hungarian live pork and pork exports fell last year, while prices fell significantly- agrarszektor.hu , wrote. The fall in prices has already been reflected in processors’ transfer...
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New CEO at the head of Cofidis Magyarország
Jean-François Rémy will take up the position of CEO of the Hungarian Branch of Cofidis from 1 December 2020. The specialist with international and Central European regional experience has been...
Read moreCorporate liquidations peaked in January
According to Opten, the level of liquidations peaked in January as a mixed-impact effect of the Covid pandemic, but the number of start-ups was also close to record, according to...
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“Equal Opportunities, Fairness” Rare Diseases Week 2021
There are millions of people worldwide with a rare and congenital disorder, and about 700,000 in Hungary. As more than half of those affected are newborns, infants and young children,...
Read moreIn Slovakia, shopkeepers, taxi drivers and inspectors are also vaccinated
The Slovak Ministry of Health has announced that from the weekend, vendors of grocery stores, taxi drivers, bus drivers and inspectors, as well as flight attendants will be able to...
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Strong partnerships are more important than ever
The pandemic is fundamentally changing the private label partnership. That’s the conclusion of a special industry panel of retailers and manufacturers conducted during PLMA’s virtual Annual Roundtable Conference. More than...
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MEKH: The use of new energy labels is mandatory from Monday
The use of the new energy labels on certain products of technical stores and in the product brochures of web stores is mandatory from Monday, the Hungarian Energy and Public...
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Walmart pushes zero waste efforts with ‘bagless’ pilot
In an effort to cut back on the use of disposable plastic bags, Walmart has started a “bagless” pilot in Vermont, according to a blog post on Monday from the...
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Essity Announces Partnership With WWF
Essity, the company behind the Cushelle brand, has announced a special partnership with WWF, pledging £150,000 to support the recovery of koalas impacted by the fires and their habitats. The partnership...
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Metro And Loop Launch Reusable Packaging Solution
Metro France has partnered with the Loop initiative to reduce single-use plastic packaging in stores. The partnership relies on Loop’s reuse deposit service, where the customer purchases and uses a product, but...
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Report from the boardroom (Part 1) – An interview with Rezső Rózsai, CEO of KPMG Hungary
In our new series Judit Szalóky Tóth, a Boyden Executive Search partner makes interviews with executives. This time she asks questions from Rezső Rózsai, CEO of KPMG Hungary. Mr Rózsai...
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