News and articles
Co-op calls for moratorium on oxo-degradable plastics
Co-op has called for a moratorium on oxo-degradable plastics, despite the health and environment impacts remaining unknown. The convenience retailer’s call comes after the British Standards Institution (BSI) published a...
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Britain Signs First Major Post-Brexit Trade Deal With Japan
Britain and Japan formally signed a trade agreement on Friday, marking Britain’s first big post-Brexit deal on trade, as it continues to struggle to agree on a deal with its...
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Waitrose Lowers Prices Of Own-Label Products
Upmarket UK retailer Waitrose & Partners has announced that it is lowering the prices of a range of own-brand products by an average of more than 15%. Price cuts will...
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It was exactly a month ago that we opened the doors of this year’s Business Days conference
… and we were waiting for our guests for the Trade Festival. We are very much prepared every year, but better than anything this year. We are very worried and...
Read moreEdible wheat is becoming more expensive
It is difficult for the mills to buy suitable, high-quality wheat on the market now. The prices reach 60 thousand forints per tonne, and in some places they already exceed...
Read moreAccording to Takarékbank, the outlook for agriculture has improved
Compared to the previous quarter, the outlook for Hungarian agriculture has improved, with almost all stakeholders became more optimistic than during the first wave of the epidemic, according to Takarékbank’s...
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Black Friday 2020
The 2020 Christmas season is fast approaching, so Black Friday promotions will soon be heating up the audience. While last year only one in 3 people bought as part of...
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An agreement on the common agricultural policy has been reached
An agreement on the new Common Agricultural Policy was reached in the Agriculture and Fisheries Council at dawn on Wednesday – Nagy István Minister of Agriculture told MTI. The agreement...
Read morePortfoLion’s Green Fund has completed a successful transaction with the NAGISZ Group
PortfoLion acquired a 97.91 percent stake in the NAGISZ Group after the transaction was approved by the Hungarian Competition Authority. The successful operation of the company group will continue to...
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The country moved to Lake Balaton
In January you spent 3,129 forints a day, in March 3,452 forints, in April 3,100 forints, in September 3,559 forints a day in the store if you were an average...
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Szentkirályi innovates with an exclusive rePET bottle
div class = “lead_custom”> Hungary’s market-leading mineral water brand has been working for the environmentally conscious operation of the company and the entire industry for many years. Szentkirály bottles are...
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Euronews is launching a local program in Hungary for the first time in the world
Europe’s most-watched news channel, in partnership with Mastercard, puts financial awareness at the forefront with the weekly Business and Lifestyle magazine Business Class. The business talk show, which will be...
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How green Hungarians are?
Although the proportion of selectively collected waste has increased in Hungary in recent years, according to the data, there is still room for improvement. We consider ourselves to be green-minded,...
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Apple remains the most valuable brand in the world
For the eighth consecutive year, Apple has become the world’s most valuable brand in the global rankings of an American consulting firm called Interbrand. In the “Best Global Brands” global...
Read moreAccording to a survey, more than half of Hungarians search for a specialist on the Internet
More than half of Hungarians are looking for a specialist or mechanic on the Internet, from whom they expect a greater digital presence, primarily proving their reliability, according to NRC...
Read moreMLSZKSZ: Transport below costs causes serious damage
Road transport below the cost price caused by the pandemic in the logistics sector is causing serious damage – warns the Association of Hungarian Logistics Service Centers (MLSZKSZ). The practice,...
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Cabbage shortages may cause kitchen emergency in a country
South Korea’s typhoon-stricken cabbage shortage has pushed up vegetable prices by 60 percent due to extreme weather – origo wrote. Summer typhoons passing through the country have heavily decimated the...
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SPAR – for a sustainable future’ is the slogan of the retailer’s new umbrella brand
SPAR has introduced a new umbrella brand, called ‘SPAR – for a sustainable future’. Head of communications Márk Maczelka told: the company’s various sustainability activities in the fields of the...
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The FAO predicts a decline in meat production
Global meat production is expected to decline by 1.7% in the next two years – agrarszektor.hu quotes the report of the Food and Agriculture Organization of the United Nations (FAO)....
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GVK: COVID affected purchasing power all across Europe
In 2020, the average European citizen will have 773 euros less, a total of 13,894 income. However, there are significant differences in net income between the 42 countries surveyed: Liechtenstein,...
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Danone takes 13,000 small steps against food waste
Danone delivered food packages containing 13,818 products to needy families with the help of the Hungarian Food Bank Association. Danone also pays attention to those in need during the coronavirus...
Read moreMinister of Agriculture: research and development to ensure long-term sustainable management
Research and development activities, knowledge transfer and innovation are such a profitable investment that ensures long-term sustainable management in Hungary – the Minister of Agriculture said at a handover ceremony...
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Three more radios in Atmedia’s portfolio
From January 1, 2021, Atmedia’s portfolio will be expanded with national market-defining radios, and from next year the company will sell the advertising time of Retro Rádió, Rádió1 and Rádió1...
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GROWN RESPECTFULLY: NESCAFÉ products in new packaging
In the autumn of 2020, the renewed packaging of the glass members of the NESCAFÉ Classic product family will be introduced, so NESCAFÉ fans can find their favorite NESCAFÉ Classic,...
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40 percent more people are applying for a job now than last year
An average of 40 percent more people applied for the advertised positions in the third quarter of 2020 than a year earlier, on Hungary’s market-leading job portal. The greatest interest...
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Indotek buys 24 percent of Waberer’s
Mid Europa Partners has entered into an agreement with Trevelin Holding Zrt., a member of the Indotek Group, to sell 24 percent of the shares in Waberer’s International Plc. And...
Read moreThe opening hours of the stores changes during the long weekend
October 23 is a national holiday in Hungary, a day of remembrance for the 1956 Revolution and the War of Independence. The stores, department store chains and shopping centers will...
Read moreThe competitive disadvantage of EU e-merchants could be eliminated
The good news for EU e-merchants is that the 22 euros VAT-free limit for products ordered from third countries will be lifted, thus reducing their competitive disadvantage compared to Far...
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Kifli.hu does not plan to expand in the short term
“There are basically three factors that determine whether an online retail model can be operated cost-effectively. the size of the population, the second is the density of adresses, and the...
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Inflation in the euro area fell to a four-and-a-half-year low in September
Annual headline inflation in the euro area fell to a four-and-a-half-year low in September, and core inflation was the lowest ever recorded, according to final data released by the Statistical...
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