News and articles
Dreher 24 renews with Red Beer
Dreher expands the non-alcoholic beer market: the company’s experts are offering consumers a new alternative with Red Beer. The unique brew is darker in color and has a more pronounced...
Read moreThe Pálinka Knight Order would offset neta’s traffic-reducing effects with VAT cuts
Last year, the sales of pálinka fell by about 60 percent as a result of the introduction of the public health product tax (neta), and the Hungarian Pálinka Knight Order,...
Read moreCompanies are increasingly recognizing the impact of environmental solutions on profit
Businesses around the world have come to a turning point, recognizing that taking environmental considerations into account is not only a good strategy, but also a viable strategy – accordingg...
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Monthly retail sales in the euro area rose as expected in January
In January, retail sales in the euro area grew at the rate expected by analysts in December, surpassing the estimated growth rate of a year earlier. The European Union’s statistical...
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LEGO increased its turnover and profits last year
Along with its revenue growth, the Danish LEGO Group gaming concern posted higher profits last year – according to the company’s balance sheet sent to MTI on Wednesday. The LEGO...
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Italy’s Bennet Launches New Private-Label Brand
Italian hypermarket chain Bennet has launched a new line of private-label fish and meat products under the ‘Filiera Valore’ brand. The Filiera Valore assortment is available online and in all...
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Private Brand Expert Daymon Enters The UK
Daymon, a global expert in developing private brands, is partnering with leading distributors in the UK to disrupt the English private brand market. More and more, retailers are treating private...
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Alibaba’s AliExpress Warns Of Possible Coronavirus Delays
AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers that there may be some delivery delays due to the coronavirus outbreak. AliExpress is one of the...
Read moreNagy István: Hungarian farmers continue to expect predictability and stability
Hungarian farmers can expect a predictable and stable support policy this year as well – Nagy István Minister of Agriculture said at the Portfolio Group Agriculture 2020 conference in Kecskemét....
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Hungarian cardholders would rather pay with their fingerprints than with passwords
• New Visa survey finds Hungarian consumers feel more secure and comfortable with fingerprint or other biometric authentication than traditional methods • 19percent of Hungarian consumers have already quit online...
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Do you see it when you hear it?
The Coca-Cola Lion Award winner’s Try Not to Hear This campaign is already being seen (or heard) at home. Ringing of ice cubes in the glass; soft knocking as the...
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Gourmet Festival: the gastro festival will be organized for the tenth time in May
Fifty chefs, the most renowned professionals in the country, will prepare their favorite dishes at the 10th Electrolux Gourmet Festival, which will feature the world’s most renowned restaurants, confectioneries, wineries,...
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The direction of tax control is changing, with the emphasis on encouraging compliance
The National Tax and Customs Administration (NAV) is undergoing a major change, which in the long run may result in the organization being able to continuously monitor all domestic taxpayers...
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Sterilized Cat Atlantik-Lachs product.
The German manufacturer has ordered the product to be recalled. This type of cat food is also available in Hungarian shops – the National Food Chain Safety Authority (Nebih) points...
Read moreLidl also uses recycled plastic to wrap fish in packaging waste
Lidl integrates even time-collected plastic from the ocean into the packaging of some of its products, – origo wrote after Store Insider. Lidl, creates opackaging for its fresh fish products...
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Lindt expects chocolate prices to increase
Swiss premium chocolate maker Lindt & Sprüngli says they will have no choice but to raise prices after two African countries charge a sizeable premium to pay the poorest farmers...
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Euro-area unemployment stagnated on an almost 12 years low
In line with market expectations, the euro area unemployment rate stagnated in January at a low of almost 12 years. According to a report released Tuesday by the Statistical Office...
Read moreDucks against locusts
China is planning to send up to 100,000 ducks to Pakistan to help the country contain a huge plague of locusts – origo wrote, after Asia Times. Locusts have erupted...
Read moreGlobal sales of smartphones have declined
In the last quarter of last year, 406.64 million smartphones were sold worldwide, which is a decrease of 0.4 percent, compared to the same period in 2018. Gartner, a US...
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FAO, UN Environment deepen their partnership
The United Nations Food and Agriculture Organization (FAO) and the UN Environment Programme (UNEP) renewed their partnership on Thursday, pledging to cooperate in areas of common interest. The Memorandum of...
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New CEO at McDonald’s in Hungary
From March 1, 2020, Égi Zsolt is the new Managing Director of McDonald’s in Hungary. The specialist will replace Horváth Ágnes, the number one manager in the company. After 20...
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Beiersdorf Gives Solid Outlook But Coronavirus Impact Unsure
Nivea maker Beiersdorf on Tuesday said it expected similar sales growth and profitability in 2020 compared to 2019, although it cautioned that it could not yet assess the impact of...
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Coronavirus To Have ‘Substantial’ Impact On Trade: WTO
The head of the World Trade Organisation said that he expected the coronavirus epidemic to have a “substantial” impact on the global economy, but plans for a June ministerial meeting...
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Walmart wants Verizon 5G network to support in-store health hubs
Walmart reportedly plans to offer in-store digital health services based on next-generation mobile connectivity. According to Pymnts, Walmart is negotiating with Verizon to provide a 5G wireless network that the...
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Nébih has lifted some restrictions due to avian flu
On Monday, the National Food Chain Safety Authority (Nébih) lifted restrictions on highly pathogenic avian influenza in Komárom-Esztergom and Hajdú Bihar counties. From now on, domestic and EU poultry shipments...
Read moreThe market reporting obligation for certain dairy products has been extended until 2023
The Ministry of Agriculture (AM) has extended the scope of the market reporting obligation for certain dairy products to the Dairy Interbranch and Product Council until 2023 – the council...
Read moreMLBKT: PMI indicates minimal growth
The seasonally adjusted February Purchasing Manager Index (PMI) was 50.1 points, down from 52.2 in January and the fourth lowest since February 1995 – the Hungarian Logistics, Purchasing and Inventory...
Read moreImmediate bank transfer will have a big impact on curbing cash flow
It will have a huge impact on curbing cash flow if an immediate bank transfer is triggered – Trencsán Erika, leading financial expert told M1 news channel on Saturday. The...
Read moreThe OECD has lowered its global growth forecast
Since the economic and financial crisis, the world economy is expected to suffer the biggest decline due to the outbreak of the coronavirus – according to the Paris-based Organization for...
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The meatfree meat-producing company is still loss-making
The California-based Beyond Meat released its fourth-quarter report, and while the company is still loss-making, it has lost much less than a year earlier due to strong demand growth, origo...
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