News and articles
American alternative meat goes to Russian grocery stores
US-based Beyond Meat’s alternative meat will be sold in 29 grocery stores from next week in Moscow in – the Russian daily Vedomosztyi announced on Friday. The price of a...
Read moreConsumer spending in the United States increasede slightly in September
As in the previous month, US consumers have saved more and barely increased their spending in September, while wages and salaries have stagnated, making it doubtful that consumers will be...
Read more
Ifo’s fourth quarter euro area sentiment index deteriorated
Economic sentiment in the euro area deteriorated significantly in the fourth quarter, according to a study sent to MTI by the Ifo Economic Research Institute of the University of Munich...
Read more
The insecticide used on Japanese rice plantations may have caused fish death
A Japanese research team found convincing evidence that neonicotinoid insecticides used on rice plantations could have killed two fish stocks – the Phys.org science portal wrote, after Science Journal. Olaf...
Read moreLidl to donate over 250,000 meals in the Christmas run-up
Lidl has pledged to donate over 250,000 meals to local charities and community groups Lidl has pledged to donate over 250,000 meals to local charities and community groupsbetween November 6...
Read more
AXEREAL Acquires CARGILL’s Malt Business
AXEREAL, France’s largest grain cooperative, today announced the acquisition of CARGILL’s malt business on behalf of its subsidiary, BOORTMALT. This acquisition strengthens AXEREAL’s position globally, and makes BOORTMALT the world’s...
Read more
GDP growth slowed down and inflation decelerated as well
he Hungarian economy increased outstandingly in the first half of 2019, by 5.1 per cent, the same rate as last year. Until now, this rate has been the fastest in...
Read more
M&S to make all own-label wine vegan by 2022
M&S has announced plans to an entirely vegan-friendly own-label wine range by the end of 2022, making the first major retailer to make this pledge. The retailer’s food division said...
Read more
Lego is mulling a rental service as part of a sustainability push
Danish toy maker Lego will potentially introduce a brick rental option to address plastic waste. According to a Telegraph report, the firm has committed to making its bricks from sustainable...
Read moreTesco vows to remove 1 billion pieces of plastic packaging by end-2020
Britain’s biggest retailer Tesco (TSCO.L) has pledged to remove one billion pieces of plastic packaging from products in its UK stores by the end of 2020, seeking to reduce its...
Read more
Magazine: Differing trends for discount supermarkets
Sales by discount supermarkets only increased by 0.1 percent in Germany in the first half of the year. Low prices attract German consumers less than they used to – reported...
Read more
The SPAR Partner Program has been successful for seven years
The department store’s successful and attractive business model already has 186 franchise stores, with annual sales of more than 47 billion forints and a livelihood for some 1,700 people. An...
Read more
Mars: 3.5 Million Cocoa Plants, more than 270 thousand supported small growers, and 1 billion USD Investment for sustainable cocoa growing
Mars Wrigley, a 100-year-old manufacturer of popular chocolate bars and one of the world’s largest cocoa users, has announced the steps that will be taken for a sustainable cocoa supply...
Read more
KSH: exports increased more than imports in August
The value of exports, measured in euros, grew by 2.7 percent in August and imports by 1.2 percent. The export surplus on trade in goods was 60 million euros, 122...
Read more
More than 1,000 types of Rossmann branded products are labeled “without microplastics”
This year, Rossmann’s new “without microplastics” product designation will be used on all self-branded cosmetics brands that do not contain microplastics. Most branded products did not contain microplastics even before...
Read more
The Nespresso Winter Coffee Collection brings a Scandinavian lifestyle to your home
The special atmosphere of the northern regions inspired this year’s Nespresso Limited Edition coffees, which add a little magic to the traditional flavors. In the spirit of popular Scandinavian cultural...
Read moreBlues Kékfrankos 2016 has debuted – excellent vintage from Eger
The 2016 vintage Blues Kékfrankos bottles are already in the tasting room of the Kovács Nimród Winery, which, like the 2015 vintage, provides consumers with a high quality and unique...
Read more
AM: reference prices and average yield data were published for this year’s claim for compensation
Reference prices and average yield figures for the 2019 claim for compensation have been published – the Ministry of Agriculture (MTI) informed MTI on Thursday. According to the announcement, producers...
Read morePwC: carbon intensity reduced by less than half of the target
The pace of global decarbonisation seems to have come to a halt, after moderate progress over the previous four years. If this trend continues, countries will not be able to...
Read more
The Czech EPGC group acquired a 30 percent stake in Metro AG in Germany
The Czech EP Global Commerce (EPGC) investor group has acquired about thirty percent of Metro AG’s German retail chain. Owned by Czech billionaire Daniel Kretinsky and Slovak billionaire Patrick Tkac,...
Read moreGerman retail sales improved less than expected in September
In September, German retail sales grew less than expected both in annual and monthly terms. Destatis, the German Federal Bureau of Statistics, announced on Thursday that retail sales grew 3.4...
Read moreAfrican swine fever: another 13,000 animals in Romania to be killed to prevent the spread of infection
The Romanian Animal Health and Food Safety Authority (ANSVSA) decided to kill nearly 13,000 more pigs on Friday after the African swine fever (ASP) virus was detected on a farm...
Read moreGfK Purchasing Power: in Europe 14,739, Hungary 7,416 euros are available to an average citizen in 2019
In 2019, an average European citizen has 14,739 euros for purchasing. However, there are significant differences in net income between the 42 countries surveyed. Liechtenstein, Switzerland and Luxembourg have the...
Read moreWine grape vintage can be excellent this year
Less than expected wine grapes have been harvested, but it looks like this year’s will be an excellent vintage – Légli Ottó, president of the National Council for Mountains, adding...
Read moreKSH: double-digit earnings growth continues
In August, average gross earnings grew by 11.5 percent year-on-year to 358,000 HUF. The average net income without allowances amounted to 238,700 HUF taking the benefits into account reached 246...
Read moreIrrigation is supported by a new bill from the Ministry of Agriculture
The bill on irrigation farming was brought before the National Assembly, one of the main principles of which is, according to the farmers’ request, that irrigation is a public interest...
Read moreAM: damage compensation can be claimed for drought damage
A statement by the Minister of Agriculture under the Drought Mitigation Scheme states that this year there was drought throughout the country, allowing affected farmers to receive compensation wherever they...
Read more
Newer settlements have begun to develop kitchen facilities for children
In another 68 settlements, kitchen developments aimed at improving the conditions of child catering. The program begins with a total of 2 billion HUF government support – Varga Mihály, Minister...
Read more
The preparation containing ragweed has been blocked by Nébih
During a number of official inspections, a total of about 10 liters of illegally sold ragweed products intended for human consumption were immediately removed from the market and officially sealed...
Read more