News and articles
Top financial managers in Western Europe are depressed after the pandemic
While at the beginning of the year the financial managers of Western European companies dealt with development investments and reported good profit prospects this year, now securing the funds needed...
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The star of Deadpool earned a nice amount of spirits
Another Hollywood star, Ryan Reynolds, has made a significant profit with a clever investment to capitalize on the popularity of spirits – origo wrote. Anyway, he’s one of today’s highest...
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Knorr renamed a product called Gypsy Sauce
Knorr, who makes a product called “Zigeuner Sauce” or “Gypsy Sauce”, has announced that it has renamed its product due to racist crosstalk – index wrote after MTI. Photo: Hauke-Christian...
Read moreConsumer sentiment improved slightly in August in the United States
Overall, little has changed, but instead of the expected deterioration, consumer sentiment in the U.S. improved slightly in August, according to preliminary data from the monthly survey by the University...
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FAO leads the way to clearer peatland mapping and monitoring
Peatlands cover only 3 percent of the world’s surface yet contain as much carbon as all of its vegetation, dramatically underscoring their pivotal role in global climate regulation. Their degradation,...
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Henkel delivers overall robust business performance despite substantial impact from COVID-19 pandemic
Focus on ensuring employee safety, supplying customers and supporting communities Group half-year sales reach 9,485 million euros, nominal: -6.0%, organic: -5.2% Operating profit* at 1,191 million euros, -27.5% EBIT margin*...
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Giant fast-food franchisee closing up to 300 Pizza Hut locations
Three hundred Pizza Huts are going dark and 927 other locations are going on the selling block. NPC International has reached an agreement with Pizza Hut, whose parent company is...
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Nestlé Health Science To Acquire IM HealthScience
Nestlé Health Science has agreed to acquire the business of IM HealthScience (IMH) which includes the brands IBgard, FDgard, Fiber Choice and REMfresh. IBgard and FDgard offer products that help...
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Walmart joins other retailers in extending store hours
After reducing its store hours amid the pandemic, Walmart will join other retailers who are starting to keep their stores open later. The retail giant is extending the store closing...
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Magazine: 2020 is a digital turning point
In March – before the start of the coronavirus pandemic – GKI Digital published the sales results of Hungarian online retail in 2019: total online retail sales neared net HUF...
Read moreAnalysts this year’s economic downturn next year bounce may follow
The performance of the Hungarian economy may jump next year after this year’s downturn – macroeconomic analysts told MTI, who estiimates the growth rate in 2021 at 3-5 percent. According...
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Garantiqa: Hungary is at the forefront of corporate loan guarantees in Europe
Hungary ranks second in Europe in the application of guarantee schemes for corporate loans – Garantiqa Hitelgarancia Zrt. (Garantiqa), part of the MFB Group, told MTI based on the latest...
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Potatoes can be the big loser in the pandemic
Huge amount of potatoes (hundreds of thousands of tons) remained in the markets of large producing countries and in the warehouses of processing companies, with which they do not know...
Read moreThe school year at Tesco starts again with a day off
As a family-friendly workplace, it is important to Tesco that its employees do not miss out on important moments in their families. That’s why parents of first-time students can request...
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The wealth of Hungarian households increased significantly
By the end of the second quarter, the financial assets of households had increased to 63,191 billion HUF, which is an increase of 1,823 billion HUF, compared to the previous...
Read moreMany businesses are unaware that they are innovating
A fraction of the innovations of the small and medium-sized enterprises (SMEs) in Hungary are not utilized either, and many SMEs are not even aware that they have created a...
Read moreLidl success in the US market
Lidl will continue to expand on the American market – napi.hu wrote. The chain can grow relatively large from the small player in the retail market there. It is only...
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Economic performance in the euro area declined sharply in the second quarter
Economic performance declined and employment fell sharply in the second quarter as a result of the global coronavirus pandemic in both the European Union and in the euro area. According...
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The German antitrust authority is investigating Amazon
Following a recent settlement, the German antitrust authority has launched another investigation in connection with Amazon – Világgazdaság Online wrote after Reuters and the Frankfurter Allgemeine Zeitung. “We are currently...
Read moreRetail sales in the United States grew less than expected in July
The increase in the number of coronavirus infections and the decline in unemployment benefits and thus disposable income led to a smaller-than-expected increase in retail sales in the United States...
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New Communications Director at MOL
From September 1, Péter Pantl will replace Domokos Szollár as MOL Group’s Communications Director. The specialist will be responsible for the entire communication of the company group, Domokos Szollár will...
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(HU) Nyíregyházi nyertesé az egymilliós fődíj – Elindult a Felfedezők új fordulója
Sorry, this entry is only available in HU....
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The bread of the country is given
Hungary’s fate is determined not only by the amount of subsidies and the quality of the arable land, but also by the hard-working hands that cultivate the land every day,...
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Unilever’s Magnum Embraces Recycled Plastic For New Tubs
Unilever-owned ice cream brand Magnum has announced the rollout of a new packaging solution made from polypropylene plastic. More than seven million units of the new ice cream ‘tubs’ are...
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CCEP To Introduce CanCollar Recyclable Rings On Multipack Cans
Coca-Cola European Partners has announced plans to introduce CanCollar recyclable paperboard-based rings on multipack cans in Spain. The initiative, also a first for Coca-Cola in Europe, will help the company...
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Aldi Portugal Boosts Organic, Vegetarian Product Offering
Aldi Portugal increased the offer of organic products in its stores by 48% last year, as well as tripling the number of vegetarian and/or vegan products it offers. The data...
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Development continued in 2019
The CBA and Príma networks carried on the development work in 2019. Vilmos Lázár, president of CBA informed: many new products became part of the assortment and many stores were...
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Listen, you spent more in July again
Purchases in shops increased in July. At a slightly higher rate than in June, in July by 1-1.5 percent. In the larger grocery stores, we spent 10 percent more, but...
Read moreKSH: economic performance decreased by 13.6 percent in the second quarter
According to raw data, Hungary’s gross domestic product (GDP) fell by 13.6 percent seasonally and calendar-adjusted, while according to the balanced data by 13.5 percent in the second quarter, compared...
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