News and articles
Fish and wine festival to be held in Balatonfüred
Fish and wine festival to be held in Balatonfüred: the four-day event series to start on 7 June with fish tasting, concerts and family programs. Cserép László, Head of the...
Read moreEaster holidays have boosted retail sales in Germany
Retail sales in annual comparision expanded with a much greater extent in April than expected, mainly due to the Easter holidays. According to preliminary data published on Friday by the...
Read moreConsumer sentiment improved less than expected in the United States in May
Consumer sentiment in the United States has improved less than expected in May, according to the regular monthly survey of the Michigan University. According to the final data published on...
Read moreIATA reduced the annual profit prospects for airlines
The International Air Transport Association (IATA) reduced its profit forecast of airlines by the end of the year. The association expects a 28 billion USD profit instead of the previous...
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Amazon teams up with Japanese supermarket chain to sell fresh produce online
Amazon Japan has partnered with the Eastern nation’s major supermarket chain Life Corporation to sell fresh produce online. Life is the first food supermarket in the country to participate as...
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BelOrta introduces sustainable packaging for red fruit, new snacking line
Dutch fruit and vegetable company BelOrta launched the first cardboard punnets with topseal on Wednesday, commenting that it responds to the trend towards more sustainable packaging. The company says its...
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REWE Group and Lekkerland combine expertise in important market segment through merger
REWE Group and Lekkerland Group want to create a new strategic business unit “Convenience” within REWE Group through a merger of the two companies. To this end, RE-WE Group acquires...
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Google invests in online retail in China
Google invests 550 million USD in China’s second largest online retail company, the Jingdong (JD.com) group to increase its presence on the fast-growing Asian markets and to tackle competitors, including...
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Magazine: Trends of the past, driving forces of the future
In 1979 Géza Kovács collected possible problems of the future, from the fate of natural resources to social inequalities. Some of these are being dealt with today as well, for...
Read moreSpar Austria Forms Alliance to Promote A Reduced-Sugar Diet
Spar Austria has launched a sugar reduction initiative to draw attention to the benefits of lower sugar consumption, the retailer said in a statement. The aim of the initiative is...
Read moreZero Advertising Tax, Accommodation Tax Reduction – Here’s the Government’s new action plan
The government announced a significant tax cut in its new economic action plan – penzcentrum.hu wrote. Economic slowdown is expected in the world, and the goal of the Hungarian government...
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The sugar and calorie content of domestic soft drinks almost halved in Hungary
Since 2010, the average sugar and calorie content of soft drinks and fruit juices in Hungary has decreased by 43 percent. According to the voluntary commitment of the Hungarian Mineral...
Read morePig exports jumped
Seven percent fewer cattle, one percent less poultry, and four percent fewer pigs were slaughtered in domestic slaughterhouses in the first quarter of 2019 compared to January-March 2018 – Magyar...
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The rise in earnings was double-digit in March
In March, gross average wages increased by 10.2 percent to 367,000 HUF, compared to a year before – the Central Statistical Office (KSH) announced Thursday. The growth has been double...
Read moreKSH: investment growth accelerated in the first quarter
Investments increased by 26 percent in the first quarter after the 17 percent growth of last year. The strong upswing in investments was primarily driven by the development of enterprises,...
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NKM installs e-chargers at Spar stores
The NKM Mobilitás Kft. has agreed to install and operate 33 e-chargers with the SPAR Magyarország Kereskedelmi Kft. – portfolio.hu wrote. Chargers will be available at 17 stores across the...
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Lidl supports the nutrition of sick children with sixty million forints
Lidl Magyarország, as the official sponsor of the Heim Pál Children’s Hospital Foundation, is committed to improving the quality of child meals. As a result, in the spirit of its...
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Domestic products on the shelves of dm! The dmStart competition has ended!
The dm launched a product competition called dmStart! The aim of the application is to embrace new start-ups in Hungary and offer more exciting, innovative, sustainable products to the shoppers....
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Analysts: increasing employment face increasing constraints
Unemployment has fallen to nadir, but the pace of decline will continue to slow down as the quality of supply is rather low, only the unskilled labor has been left...
Read moreFeldman Zsolt: the preparedness of the wine-making profession is a good basis for the quality renaissance of champagne
The preparedness of the Hungarian wine and champagne professional community provides a good basis for the continuation of the traditional renaissance of traditional champagne – the Minsiter of State of...
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The car buying habits of Hungarians are significantly changing
The great majority of Hungarians would buy a new car from traditional traders in the coming years, but they attach more and more importance to sales-related services – according to...
Read moreWalmart Canada launches Walmart Rewards Mastercard in Quebec
Wal-Mart Canada Corp. (Walmart Canada) announced today the launch of the Walmart Rewards™ Mastercard® in Quebec – a credit card that turns everyday spending into BIG rewards. “The Walmart Rewards Mastercard gives...
Read moreColombia, Nespresso to help farmers swap coca for coffee
A charitable initiative will help farmers in Colombia’s southwestern mountains trade nearly 400 hectares (1,000 acres) of coca, the base ingredient in cocaine, for coffee, the growers’ federation said on...
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Magazine: Growing importance of modern channels in fruit and vegetable sales
Eszter Kocsis, Nielsen’s retail services senior manager spoke about the results of the company’s fruit and vegetable buying habits survey at the 5th Zsendülés conference in Szeged. She revealed that the...
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The food industry is before the digital revolution
In addition to tourism, construction and logistics, the food industry was also named as an area for the ICT revolution by the Ministry of Innovation and Technology (ITM). Solymár Károly...
Read moreGrowth credit program: at K&H agricultural and food companies are the most active
In the first four months, K&H concluded 17 billion HUF worth NHP fixed loan and leasing contracts with nearly 40 percent already disbursed. The majority of the applicants are rural...
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SPAR starts the barbecue season with Wossala Rozina
SPAR launches this year’s barbecue campaign, hosted by the popular chef presenter, Wossala Rozina. The company is preparing for the barbecue season that lasts from spring to early autumn with...
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ALDI introduces longer opening hours in the major holiday destinations
In order to satisfy the increased customer demands, the ALDI shops near Lake Balaton and Lake Velence and the stores in Hajdúszoboszló are waiting for the tourists and local residents...
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Two executives at Tom Market
The Tom Market Kft. Hungarian grocery network continues to operate under the direction of two executives from March 2019. Ignácz János and Kovács Gábor The company was founded in 2007...
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Zamárdi will be the last ever Red Bull Air Race
This year will be the last season of the Red Bull Air Race World Championship. The last race of the series will be held in Zamárdi. Red Bull announced on...
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