News and articles

BILK has built a new warehouse base for MediaMarkt

The BILK Logisztikai Nyrt. has built a new warehouse base of more than 20,000 square meters for MediaMarkt. According to information released on the website of the Budapest Stock Exchange...

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The tax and customs department seized fake perfumes and shoes

The finance officers of the National Tax and Customs Administration (NAV) seized 24 million HUF worth fake perfumes and 132 pairs of fake shoes on the M1 motorway – the...

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German exports increased

Contrary to expectations, the value of Germany’s exports did not fall but increased in July, with a stable third-quarter launch indicating that the largest economy in the euro area could...

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Jack Ma leaves Alibaba

Jack Ma, co-founder and chairman of Alibaba, China’s largest online retailer, leaves the company on Tuesday. Known as the face of the company, Jack Ma spoke about his retirement plans...

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Global sales of smartphones continue to decline this year

Global sales of smartphones have fallen for the third consecutive year – according to the International Data Corporation (IDC) IT and telecommunications market research firm. According to IDC, 0.4 percent...

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The world we want tomorrow starts with how we do business today

– claims Mars, one of the world’s biggest confectionary, food and pet food producers, through their new Purpose statement. The new statement is integrated in the daily life of Mars...

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Shoppers looking for a drill need holes

Extreme Digital and SD4Good organised a two-day forum in Budapest for digital transformation experts on 6-7 June. The Shop Experience Design Sprint focused on finding new ways, business models and...

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BS Plastic: Leaders in sustainability

Sustainability has become part of our everyday life. According to data from Plastics Europe, 25.8 million tons of plastic waste is produced in Europe per year, from which less than 30...

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Trendy black coffees

Judit Hellinger, Tchibo Budapest Kft.’s trade marketing manager informed our magazine that the improving economic situation and higher salaries had entailed a 7-percent sales growth in the Hungarian coffee market....

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You can enjoy STARBUCKS coffee in your home

From September a new iconic brand will be part of Nestlé Hungária’s coffee portfolio 1 September 2019 will be a historic day in the life of Nestlé Hungária Kft., because...

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Albert Heijn Tests ‘Grab And Go’ Digital Store

Dutch retailer Albert Heijn has announced that it is testing a mobile digital store designed to offer customers a ‘grab and go’ experience. Customers can access the store by using their debit...

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Netto Marken-Discount To Switch To Unpackaged Cucumbers

German discounter Netto Marken-Discount has announced that it is to only sell unpackaged cucumbers from mid-September onwards. As a result, all conventional and organic cucumbers will be sold packaging-free in 4,260 Netto...

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Magazine: Nobody knows how far the 24th hour is

More and more companies, especially large firms with the necessary financial resources, realise that sustainability isn’t only important for their prestige, but it is also profitable in the long run. Many...

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GKI: online retail sales over 200 billion HUF in the first half of this year

According to a joint survey of GKI Digital and Árukereső.hu, the retail sales of this year increased by 16.4 percent, compared to the first half of last year. This year...

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This year’s school milk and fruit program is secured

The school milk and fruit program is secured again this year, the Minister of State of the Ministry of Agriculture said in a press conference in Budapest on Monday. Feldman...

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Nagy István: agriculture provided more than half of the national economy’s foreign trade surplus in the first half of the year

The Hungarian agricultural economy has undergone spectacular development in recent years, and its productivity and profitability have also increased significantly. Thanks to this, every year it makes a significant contribution...

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Coface: the Central and Eastern European GDP may expand by 3.6 percent this year and 3.2 percent next year

GDP in Central and Eastern Europe is growing at a slower rate than last year, with GDP rising 3.6 percent this year and 3.2 percent next year – according to...

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Milk Product Councils: the costs of dairy farmers are increasing

The Intergovernmental Organization for Milk and Product Council has repeatedly stressed the importance of resolving the tensions between dairy farmers and retailers. In the domestic context, the increasing inflation and...

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Contemporary artists redesigned Dreher’s historic posters

Domestic graphic designers, fine artists and hobbyists have rethought the art deco and constructivist-modernist posters of the 165-year-old Dreher Brewery. Out of more than 300 entries, the jury has announced...

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An illegal pálinka maker was found in Baranya

Hundreds of liters of distillate and thousands of liters of mash, as well as high-volume pálinka making machines were found by the National Tax and Customs Administration (NAV) in an...

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Five billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich

Almost 5 billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich. Thanks to the fastest-growing construction investments in the region, supporting the fastest Hungarian economic growth...

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Three Metro Cash & Carry properties in Hungary and eight more in the region have been sold

A total of 11 Cash & Carry stores have been sold in Poland, Hungary and the Czech Republic by Metro Properties, a real estate company of Metro AG – portfolio.hu...

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Investor sentiment in the euro area improved slightly

Investor sentiment in the euro area has improved slightly, according to a study released on Monday by the Berlin-based Sentix Economic Research Institute. The monthly Sentix survey was made with...

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Consumption has become the new mantra in the Chinese economy

Chinese leadership wants to boost economic growth primarily through boosting domestic consumption – origo wrote. But there are still serious limitations to this, despite Chinese consumers contributing significantly to GDP...

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Profit warning from Starbucks

US Starbucks at Goldman Sachs conference said it expects revenue to be ten percent lower in fiscal year 2020 that starts on 1 October – origo wrote after ABC News....

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RISE NRG – good energy, good vibes!

New pop of colours on the energy drink market with the outstanding flavours of RISE Energy Drinks! Give it a try and feel the good vibes of the new and...

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Coffee cures a rare disease

The effectiveness of two espressos per day was confirmed by a random test: the coffee eliminated by the coffee the symptoms of a rare, hereditary, incurable disease of 11-year-old French...

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Russia’s X5 Opens New Distribution Centre In Siberia

Russian retailer X5 group has announced that it has opened a new distribution centre in Novosibirsk in the Siberian Federal District. The new logistics facility will supply goods to Pyaterochka...

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Brazil Agribusiness Joins With NGOs To Call For Action On Amazon

Brazil’s leading meat export industry group and other agribusiness associations on Friday joined with nongovernment organisations (NGOs) to call for an end to deforestation on public lands, demanding government action...

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Timberland to plant 50 million trees within five years

Global outdoor lifestyle brand Timberland has committed to planting 50 million trees around the world by 2025. The move builds on Timberland’s previous tree planting efforts; since 2001, the brand...

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