News and articles
GfK: consumer sentiment in Germany deteriorated slightly
The GfK Nuremberg Economics Research Institute’s consumer sentiment index for Germany declined slightly in March, while consumers’ economic expectations improved slightly, but their willingness to buy and income expectations declined...
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P&G Brands On Track To Deliver ‘Ambition 2030’ Goals
Procter & Gamble has announced significant progress with its European sustainability projects, as it seeks to meet its ‘Ambition 2030’ goals. P&G has been working to drive the circular economy...
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Cactus Expands Private-Label Fairtade Coffee Range
Luxembourg-based retailer Cactus has announced that it has added five new coffee blends to its own-brand Fairtrade-certified coffee range. The new additions, available in Cactus outlets, include Espresso, Dessert, Mocca,...
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Carrefour And Nestlé Launch ‘Adopt a Fruit, Adopt a Vegetable’ Initiative
Carrefour has teamed up with Nestlé to launch the ‘Adopt a Fruit, Adopt a Vegetable’ initiative in France to help parents in encouraging their children to adopt a healthier and...
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Magazine: There is still a lot of oil to extract in the cooking oil fields!
Traditionally Hungarians were cooking with fat, but by now the average household has reached the level where they are cooking with some kind of oil and putting olive oil on...
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KSH: the solid rise in agricultural prices covers big differences
In December last year, the annual increase in agricultural purchase prices moderated from 5.2 percent in November to 0.6 percent, despite the 49.5 percent rise in the purchase price of...
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FruitVeb: less fruit was produced than last year
The amount of fruit grown in Hungary fell from 1.158 million tonnes of 2018 to about 683 thousand tons last year, mainly due to the unfavorable weather and the outstanding...
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The mineral water market decreased slightly in 2019, Magyarvíz was able to grow
Despite the declining market in 2019, Magyarvíz Kft., one of the most important players in domestic mineral water production, was able to increase the number of bottles sold again. Its...
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Nearly one billion HUF capacity expansion investment at the HFI Kft.
The HFI Kft., which is mainly engaged in the processing and preservation of vegetables, expanded its capacity at its depots in Mélykút and Pusztaszer plant with almost one billion HUF...
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This year there will be a mangalica festival in Debrecen as well
This year, there will also be a mangalica festival in Debrecen’s main square, the event will be linked for the second time to cultural attractions, including a winter farewell masquerade,...
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Gabonakutató Nonprofit Kft. a builds seed plant in Szeged
The Szeged-based Gabonakutató Nonprofit Kft. (Grain Research Nonprofit Ltd.) is building a seed plant with an investment of 300 million forints. Thanks to the development, the export of the company...
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Spar has withdrawn some of the Glitter Palz plush figures
Due to the risk of possible detachment of smaller parts, Spar has withdrawn some of the Glitter Palz branded sequin plush figurines that are distributed by the Kensho Kft. –...
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Part-time work may be more common for employers
In several labor issues, domestic companies will have to respond to changes in the law effective from January 1. Part-time employment has changed in the case of child-rearing, while businesses...
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New supply chain director at Praktiker
Csorba László was appointed Director of Supply Chain of Praktiker with 20 stores. The specialist has been in the logistics field for 23 years. Praktiker came to optimize and improve...
Read moreITM: countries opposed to EU road transport regulations may appeal to the European Court of Justice
Specialists from nine Member States have made further attempts to persuade the European Commission to take steps to mitigate the expected harmful effects of the first mobility package, or even...
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This year, up to 12,000 stores could close in the United States
According to Business Insider1s analysis, more than 9,300 stores were closed in the United States in 2019, while 8,000 stores in 2017 – origo wrote. The Cushman & Wakefield real...
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Most old companies operate in Japan
Japan is a truly a two-faced country, because it is highly developed technologically, on the one hand, and at the same time, its citizens respect the traditions of their ancestors,...
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Continente Introduces Packaging With Recycling Instructions
Portuguese retailer Continente has added a set of recycling instructions to the packaging of selected private-label products, in association with Sociedade Ponto Verde (SPV). The move aims to help customers...
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Global advertisement expands with 3.9 percent this year
“The communications landscape is changing all the time and we help clients navigate this complexity, helping them connect their brands with audiences using creativity, insight, planning, strategy and data to...
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Kaufland Expands Vegan Offering With New Meat Alternatives
German retailer Kaufland has added three vegan meat products to its ‘K-take it veggie’ private-label brand. The new additions include vegan versions of burger patties, meatballs, and cevapcici – a...
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Jeff Bezos commits $10 billion to fight climate change
Jeff Bezos is throwing his weight — and wealth — behind the fight against climate change months after Amazon employees publicly pressured him and the company to do more to...
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The Hungarian Mineral Water, Fruit Juice and Soft Drinks Association supports the recovery and recycling of beverage packaging
The Hungarian Mineral Water, Fruit Juice and Soft Drinks Association and our affiliates support all government initiatives that allow plastic and aluminum bottles to be recycled as much as possible...
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The first half of the decade may see further growth in the corrugated board industry
According to a study, the corrugated board industry is facing huge growth, rising from 262.2 billion USD to 339.9 billion USD over five years. In addition to various global economic...
Read moreThe European Commission has improved its forecast for Hungarian GDP growth in 2020
The European Commission has revised its forecast for the Hungarian gross domestic product (GDP) growth in 2020. Brussels estimates that economic growth in Hungary is expected to be 3.2 percent...
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Leasing of labor is a stable solution according to the trade union
Temporary employment is the most widespread form of atypical employment. While in a typical employment relationship, one employer can easily dismiss the staff, with 50 to 100 partners providing solution...
Read moreMNB: rising fuel and food prices pushed up inflation in January
The rise in inflation is mainly explained by the rise in fuel and food prices – the National Bank of Hungary (MNB) said in its comment on January inflation data....
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The IV. district opens new store in Lidl
Lidl will open another store in the capital’s 4th district – origo wrote. The new unit will open next to the OBI DIY store on Görgey Arthur Street, where a...
Read moreITM aims to make Hungary a strong innovator country
Decisions made in recent months will help Hungary become a strong innovator, Gulyás Tibor, deputy State Secretary of the Ministry of Innovation and Technology (ITM) emphasized at a joint press...
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