News and articles
Family vacations – camping at home
During the pandemic, American consumers are reinventing the joy of camping. As a result of the “stayathome” provisions, more and more families have started camp feeling in their backyard. On...
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The Ministry of Agriculture provides 5.5 billion HUF to improve the opportunities for small producers
The production and sales opportunities of small producers will be improved with a 5.5 billion HUF tender, which will be published in the summer within the framework of the Rural...
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Winemakers can apply for aid to compensate from Monday
Tenders will be opened for Hungarian viticulturists and wineries to alleviate the economic damage caused by the coronavirus – the Ministry of Agriculture (MoD) told MTI. According to the announcement,...
Read moreKSH: freight performance decreased in the first quarter
The volume of goods transported decreased by 8.7 percent and the transport performance in freight tonne-kilometers by 11.7 percent in the first quarter compared to a year earlier, according to...
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The Board of Directors of Zwack Unicum decides on the items on the agenda of the General Meeting
Zwack Unicum will not hold its annual general meeting convened on June 25, 2020, instead the company’s board of directors will decide on all issues on the agenda on that...
Read moreCED announces a cross-border economic development tender
Within the framework of the Economic Protection Action Plan, CED Central European Economic Development Network Nonprofit Kft. is announcing a cross-border development tender with a budget of 25 billion HUF,...
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ITM: Economic actors are confident in recovery
Economic actors are confident in the recovery, job protection measures are considered proportionate to the challenge, and fewer and fewer people need state aid, the state secretary of the Ministry...
Read moreThe majority of Hungarian companies were IT unprepared for the pandemic situation
Nearly two-thirds of the companies were unprepared to set up security requirements when the coronavirus outbreak broke out, according to a recent domestic survey by Panda Security for 30 years....
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Consumer sentiment improved in the euro area and the EU in June
In June, consumer sentiment in the euro area and the EU rose slightly more than expected, according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs...
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Tesco exits Poland and sells to Netto
Tesco announced the sale of 301 of its stores in Poland to Salling Group’s discount banner Netto. This includes the sales of two distribution centres, and it headquarters in Krakow,...
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What should FMCG companies and retailers pay attention to when negotiating?
It has a great impact on the negotiations between various actors in grocery retail that as of 1 May 2020 the Government Decree 109/2020. (IV. 14.) introduced a retail tax...
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How did JD.com stay on top of COVID-19 and manage millions of orders per day?
JD.com’s autonomous warehouses have the following two key technical advantages that became apparent during the coronavirus outbreak, enabling the company to respond quickly and meet surging demands for online orders...
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Carrefour France’s online and digital initiatives
From its launch of a voice grocery service with Google to enabling shoppers to self-scanning via smartphone and the introduction of its online marketplace Carrefour is driving its online and...
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Magazine: They keep moving
The coronavirus pandemic created major social and economic challenges that manifest globally. Dachser is present in 44 countries and in spite of the problems caused by COVID-19, the network of...
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Although pessimism declined further in June, it remained very strong
Although the GKI economic sentiment index rose by a larger extent in June than in May, it elimi-nated only a smaller half (44 percent) of its April fall. According to...
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NAV datas in 2019
According to NAV’s 2019 yearbook, the tax authority found problems, mainly due to VAT, but also due to the receipt giving – blokkk.com wrote. Still VAT is the main deficiency,...
Read moreNAK: extreme weather causes serious damage to crop production
The first half of the year was extraordinary for crop production: the drought of more than two months and the spring frosts caused a serious loss in expected yields; the...
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Hungarian melons are already available
The Hungarian melon is already available in stores and markets, and in a few weeks it will be available in larger quantities in the open field, the National Chamber of...
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Winemaker of Winemakers award
The Competition has turned to the finish: on June 26, it will be revealed who will be the Winemaker of Winemakers in 2020, who will receive the Winemaker of the...
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The EU Court of Justice has ruled in a Hungarian VAT case
The Krakvet Polish company offered pet food for sale on its website of a Its customers came from many different countries, including Hungary. The company was informed by the Polish...
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UniCredit and the EIF are helping the economy to recover by supporting SMEs
UniCredit supports SMEs and mid-caps in nine Central and Eastern European countries, building on the measures taken to tackle the COVID-19 crisis through the EIF InnovFin Guarantee Facility. 1. The...
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There is no evidence to suggest that the virus would infect through food
There is no evidence to suggest that the virus would infect through food, the Chinese Epidemiological Center said on Friday after severely infected marine animals and cod were found in...
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Free rice vending machines help the poor in Vietnam
A Vietnamese businessman is installing free rice vending machines across the country. He wants to help those who are in a difficult situation due to the pandemic – origo wrote....
Read morePollen was transported with soap bubbles to the fruit trees by Japanese scientists
A Japanese research team has managed to fertilize pear trees with pollen transported on the surface of soap bubbles, the BBC news portal reported. Due to the global decline in...
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Henkel reaffirms strategic focus on purposeful growth
Dividend proposal on prior-year level: 1.85 euros per preferred share New elections to the Supervisory Board and Shareholders’ Committee Four new members proposed for election to corporate bodies Robust performance...
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Coop isn’t slowing down
We asked László Pekó, chairman of the board of directors of CO-OP Hungary Zrt. and the company’s CEO Géza Tóth about the last year and the challenges of 2020. What...
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Reál concentrates on private label products
László Szili, commercial director of Reál Hungária Élelmiszer Kft. talked to our magazine about the positive feedback from shoppers and trade experts on the renewal of Reál’s private label product...
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PepsiCo Launches SodaStream Professional Hydration Platform In The US
PepsiCo has announced the launch of SodaStream Professional in the US that will offer customisable beverages in workplaces, college campuses and airports. The new platform is an extension of SodaStream,...
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Migros To Launch Plastic Packaging Collection Project
Swiss retailer Migros has announced plans to launch a new project that aims to facilitate the collection of plastic packaging from customers for recycling. The initiative, scheduled to be launched...
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