News and articles
To what extent shops obey rules?
Róbert Zsigó, State Secretary of the Ministry of Agriculture, also spoke at the press conference of the Operational Staff on Tuesday. He said that the coronavirus epidemic posed serious challenges...
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Nielsen: Covid-19 Concerns Are a Likely Tipping Point for Local Brand Growth
Never mind national pride, opting for locally produced products may fast become a necessity for retailers and consumers concerned about products originating from countries where novel coronavirus (COVID-19) has spread....
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Change of generations at Dachser
Celestino Silva will take over as Managing Director of DACHSER’s European Logistics (EL) Iberia business unit. He succeeds Juan Quintana, who has opted to leave the company to pursue new...
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Asda Introduces ‘Scan & Go Mobile’ Service In All Stores
UK retailer Asda has rolled out the ‘Scan & Go Mobile’ service in all 581 stores to encourage contactless shopping in wake of the coronavirus pandemic. The service allows customers...
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Refresco Sees Irregular Demand Due To COVID-19 In Q1
Soft drink bottler Refresco has said in a trading update that demand across its customer base has been irregular in the first quarter of its financial year due to the...
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Coronavirus Threatens To Trigger New Round Of Global Food Crisis
The global coronavirus pandemic threatens to cause a huge shock to international food trade and trigger a new food crisis, a top agriculture official in China has said. The comments came as coronavirus outbreaks...
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RetailZoom: „Domestic chains continues to soar” – Budapest vs. Countryside
There is a significant difference in how customers conduct their shopping between Budapest stores and ones that fall outside of Budapest. Let’s look at how this materializes in the shops...
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These were the most popular brands in 2019
This year’s SentiOne Social Index 2019 report contains the ranking of the most popular brands and products, based on the Hungarian online content published in 2019, taking into account the...
Read moreGo For It Growth Loan Program
The nhp hajrá (Go For It Growth Loan Program) for micro, small and medium-sized enterprises will be available from Monday – 24.hu wrote. The 1,500 billion HUF fixed-rate funds available...
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CNBC: Farmers could be winners as coffee prices spike and countries hoard during the pandemic
Fears over disruptions to supply chains amid the pandemic have led to some degree of hoarding among countries and consumers that’s given coffee prices a much-needed boost. That’s good news...
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Exceptionally, a sole proprietorship may be suspended for less than one month
According to the information of 24.hu, on the last day of March, sole proprietors stormed the online administration interface, and far more people than usual announced that they would suspend...
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(HU) Chikán Attila: Kegyetlen szelekció megy végbe
Sorry, this entry is only available in HU....
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(HU) Fidelity: A koronavírus hatása szélesebb körben és hosszabban érzékelhető, de a távolban látszanak a talpra állás jelei
It’s been a bout of market volatility that will likely be seared into our memories for a long time. News that the coronavirus had spread beyond China caused a rapid...
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The NAK marketplace has started
Companies suffering a sudden market loss due to the coronavirus pandemic are being helped by the new website of the National Chamber of Agriculture, the NAK Marketplace. The business (B2B)...
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The Csemege cheese of Győr-Moson-Sopron county received EU protection
The European Commission registered the Csemege cheese of Győr-Moson-Sopron County on Monday – the first among the Hungarian cheeses – as a protected geographical indication. The application for EU protection...
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Will Amazon contribute to Hungarian pandemiological spending?
With a government decree issued last week, special taxes will be introduced in Hungary again. The interesting thing about the special retail tax is that it also taxes – or...
Read moreDemand toeard tomato-based products increased significantly
The global panic shopping fever has boosted the retail turnover of processed foods, including tomato products – agrarszektor.hu wrote. Tomato processors are watching demand trends with concern and are just...
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How to manage customer satisfaction in a crisis
It all starts with the resolve to be prepared and stay calm – and having a crisis management plan in place (one that you revisit from time to time). Depending...
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Biotech USA acquires Scitec
The Scitec Nutrition food supplement manufacturer BiotechUSA will once again get 100 percent Hungarian ownership BiotechUSA acquires a competitor that has financial difficulties in recent years – forbes.hu wrote. Photo:...
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The corn processor donated its own hand sanitizer to the Chamber of Agriculture
The Hungrana Kft. donated more than 1,600 hand-made disinfectants made from medical-grade alcohol to the National Chamber of Agriculture (NAK). Photo: NAK This covers a large amount of the needs...
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More and more countries are loosening on anti-pandemic measures
More and more countries are loosening the strict rules implemented to curb the coronavirus pandemic. Spain In Spain particularly severe restrictions were introduced, as the country was one of the...
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SHARE NOW and OMV will help with more cars and fuel
After the Budapest-based SHARE NOW and OMV Hungária helped the healthcare institutions in difficulty caused by the coronavirus by offering ten premium cars at the beginning of April, ten more...
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Exemption from water supply contribution for the duration of the emergency
The agricultural sector is exempted from paying the water supply levy for the duration of the pandemiological emergency. This helps farmers in many areas. The relevant government decree entitled “On...
Read moreThe Chinese economy shrinked more than expected in the first quarter
The Chinese economy shrinked more than expected, by 6.8 percent, in the first quarter year-over-year due to widespread restrictions aimed at curbing the new coronavirus pandemic – China’s statistical office...
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The euro area’s foreign trade surplus has increased
The euro area foreign trade surplus increased in February, according to preliminary data released by the European Union’s statistical office (Eurostat) on Monday. In February, euro area product exports, excluding...
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(HU) Már a tömeges fázisban vagyunk, avagy laposodik a görbe
Sorry, this entry is only available in HU....
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The GKI consumer confidence index plummeted in April
Surprisingly, the GKI economic sentiment index dropped hardly in March, business expecta-tions worsened slightly, and consumer ones remained unchanged. This is obviously due to the fact that the survey, conducted...
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IKEA aims to start reopening stores in Europe in May
IKEA store owner Ingka Group, the world’s biggest furniture retailer, aims to start reopening shops in Europe in May after closures and sliding demand due to the COVID-19 pandemic slashed...
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Germany to Reopen Stores in First Step Toward Post-Virus Era
Retail spaces of less than 800 square meters (8,611 square feet) will be reopening, along with car dealerships, bike shops and book stores. Bars, restaurants, gyms and larger stores will...
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Morrisons feed schoolchildren with Magic Breakfast
The charity Magic Breakfast has teamed up with Morrisons and various cereal manufacturers, schools and delivery companies to provide breakfasts to vulnerable children amid the ongoing coronavirus outbreak. The combined...
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