News and articles
Chamber of Agriculture: weather favors field work
Early spring weather has favored field work, but drought is a problem in several parts of the country, the National Chamber of Agriculture (NAK) told MTI on Tuesday. According to...
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Futureal issued 55 billion HUF in green bonds
Thanks to the Growth Bond Program (NKP) of the Magyar Nemzeti Bank, the Futureal Development Holding Ingatlanforgalmazó Kft. issued its first, at the same time outstandingly successful green bond issue...
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Amazon was the largest clothing retailer in the United States last year
Amazon.com, an online retail portal, was the largest distributor of apparel and footwear in the U.S. last year, according to a study by Wells Fargo, a major U.S. bank. Data...
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Virtual makeup try-on tool instead of testers
Mineral Fusion joins the Perfect Corp. brand partner roster with the launch of virtual try-on on MineralFusion.com and QR code in-store display roll out to Whole Foods Markets giving shoppers...
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Free donuts for the vaccinated
An American company is offering free donuts to people who have been vaccinated against the coronavirus – Origo wrote after Fox Business. However, this is not all, as it is...
Read moreThe coronavirus pandemic has caused more than 250 billion pounds in losses to the UK economy in one year
The coronavirus pandemic has caused more than 250 billion pounds in losses to the UK economy over the past year, according to a study presented at a prestigious London economic-financial...
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Acute hunger set to soar in over 20 countries
Acute hunger is set to soar in over 20 countries in the coming months without urgent and scaled-up assistance, warn the UN’s Food and Agriculture Organization (FAO) and World Food...
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L’OR Arabica Catuai capsules
L’OR Arabica Catuai is the limited edition version of 10-capsule L’OR coffees, it is an exclusive Nespresso®*-compatible product. A special blend that carries both the sweetness and the body of...
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The results of the “Inno d’Or – Innovation of the Year 2021” competition were announced
With the new competition, organiser Trade magazin seeks to reward value-creating innovations year after year, which satisfy relevant consumer needs, fit into existing trends or have been inspired by actual...
Read moreAM: the framework for the Digital Food Strategy was presented
The food industry is one of the largest manufacturing sectors in Hungary with continuously improving profitability, and the sector was able to grow even during the coronavirus pandemic, which can...
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The season begins at the fish farms
These days, the lakes are being filled with fresh running water and soon the plantations are also underway. Of the fish species, it is no longer certain that carp promises...
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Economic sentiment deteriorated in March, according to a survey of Századvég
The economic sentiment of the population and companies has also deteriorated compared to the previous month due to the worsening virus situation and the introduced austerity measures – the Századvég...
Read moreKSH: mobile data traffic increased 1.5 times in the last quarter of last year
The data traffic of the Hungarian mobile network continues to grow, last year in the fourth quarter it was 1.5 times higher than a year before, 167 petabytes. Ninety-three percent...
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NAK’s hail mitigation system significantly reduced hail damage last year
Thanks to the national hail mitigation system, claims for only 32,000 hectares were filed, despite last year’s extreme weather – the National Chamber of Agriculture (NAK) said in a statement...
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The turnover of MediaMarkt’s web store tripled in the first week of the store closure
The turnover of MediaMarkt Hungary’s web store tripled in the first week of the temporary store closure, compared to the previous weeks – the store chain told MTI. The announcement...
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The new automotive solution, Moveecar, will be available in Hungary within six months
In China, home delivery of cars has begun in partnership with premium electric car brand Polestar. In Europe, the Moveecar platform developed by GEFCO will be available in Hungary in...
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Diverse data on the results of Czech agriculture last year
Last year, the profit of Czech agriculture increased by 2.8 percent to 17.7 billion crowns (247.8 billion forints), the Czech Statistical Office said in Prague on Thursday. The value of...
Read moreThe value of the Conference Board’s overall U.S. economic index has increased
The value of the Conference Board’s comprehensive U.S. economic indicator increased in February. According to the institute’s report, the value of the Leading Economic Index (LEI), which summarizes the ten...
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Krispy Kreme gives free doughnut for vaccinated customers – all year long
Krispy Kreme stores worldwide are offering free doughnuts to customers who have been vaccinated against COVID-19. The chain is also offering staff members up to four hours of paid time...
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Alföldi Tej’s portfolio becomes complete
Alföldi Tej Kft. has been Hungary’s second biggest dairy company for years. Its Debrecen and Székesfehérvár production plants process 750,000 litres of Hungarian milk a day. Sales and marketing director...
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Packaging is more important than ever before
DS Smith, one of the world leaders in sustainable packaging solutions has published its 2021 Packaging Trends Guide, which reveals 3 exciting new trends. >> Storytelling is a new trend that...
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Amazon Workers Strike In Italy Over Pandemic-Driven Delivery Demands
Amazon workers took strike action in Italy on Monday in the first protest involving the US group’s entire logistics operations, including third-party delivery service providers. The Italian protest comes after...
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Gillette and Gillette Venus in cardboard
Procter & Gamble is introducing plastic-free and fully recyclable packaging for its Gillette and Gillette Venus system razors in April 2021. The switch is expected to save around 545 tons...
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Lidl Switzerland Completes 200,000 Refuels In Its E-Filling Stations
Lidl Switzerland has reached the milestone of completing 200,000 refuels in its e-charging stations. The discounter has been steadily expanding its network of e-charging stations since 2016, enabling customers to...
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Magazine: Consumer trust in online FMCG retail has increased
According to a presentation that Tünde Turcsán, FMCG director of GfK gave at the last GfK Insights Summit, Hungarian consumers haven’t stopped worrying ever since the breakout of the pandemic...
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In March, GKI’s economic sentiment index approached its highest level since the start of the pandemic measured in January
After a modest decline in February, GKI’s economic sentiment index rose to a lesser ex-tent in March. However, it approached its otherwise fairly low top level since the start of...
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More pigs, fewer cattle and chickens were slaughtered in slaughterhouses in Hungary last year
According to the analysis of the Institute of Agricultural Economics (AKI), 6 percent less cattle, 2 percent more pigs and 2 percent less poultry were slaughtered in slaughterhouses in Hungary...
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Businesses renting out shops in shopping malls are having serious problem
Fewer and fewer Hungarian fashion and other retail and catering businesses operating in shopping malls are able to pay rents – the Association of Tenants’ Interests (BBÉE) called attention in...
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The production value of the domestic food industry increased by eight percent
Despite the special ordeals caused by the coronavirus pandemic, the domestic food industry remained strong. Its production value increased by eight percent last year, the Minister of Foreign Affairs and...
Read moreIt matters in which store we buy in
It does matter in which store you shop in Hungary. You can grab 1,000 forints here and there, but if all this happens online, you will have to reckon with...
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