News and articles
Coca-Cola’s quarterly revenue and profit declined
Coca-Cola’s after-tax profit for the three months to the end of June fell 32 percent to 1.779 billion USD, up 41 cents a share from the 2.607 billion USD of...
Read more
Another support program will be launched for exporting Hungarian companies
Another support program will be launched for Hungarian exporting companies, the Minister of Foreign Affairs and Trade announced on his Facebook page. Szijjártó Péter emphasized that the pandemic will create...
Read moreThe government is preparing to regulate telework
The government will regulate telecommuting, as it has worked for both companies and employees during the coronavirus pandemic, the Secretary of State of the Ministry of Innovation and Technology (ITM)...
Read moreAM Secretary of State: by 2024, there will be one hundred thousand hectares more irrigable area in Hungary
The Ministry of Agriculture intends to increase the size of irrigable areas by one hundred thousand hectares by 2024 – the State Secretary of the Ministry of Agriculture said at...
Read more
A criminal gang cheated billions of forints in taxes by trading food products
A criminal gang in the Budapest and Győr area cheated billions of forints in VAT by selling food products. The Central District Court of Buda arrested five of the suspects....
Read moreFrom Friday, the face mask will be mandatory again in stores in Austria
From Friday, face masks will once again be mandatory in enclosed public places such as grocery stores, shopping malls, banks and post offices – Chancellor Sebastian Kurz announced in Vienna...
Read more
About body and soul
Every person with a healthy mind wants to stay healthy physically too. The health trend is slowly but steadily changing the world of mass products too. According to a recent...
Read more
Ham king Pápai surprises the market with vegan range
Probably one of the biggest sensations in the Hungarian grocery market this year is Pápai Hús Kft.’s new vegan product range. Managing director Péter Szappanos reckons that a growing number...
Read more
KSH: the annual rise in the purchase price of pork has stopped in May
In May, the purchase price of live pigs decreased by 3.3 percent compared to a year before, while in the previous month it increased by another 21.1 percent. The reason...
Read more
The Kométa has entered into a strategic cooperation agreement with the government
The Kométa 99 Élelmiszeripari Zrt. of Kaposvár signed a strategic cooperation agreement with the government in Budapest on Tuesday. In the picture published by the Ministry of Foreign Affairs and...
Read more
Less is sometimes more
Retailers and CPGs are moving toward selling fewer products in stores to decrease complexity and costs. At the same time innovations are needed. As the coronavirus pushes some items off...
Read moreAn agreement was reached about the seven-year EU budget
A few minutes after half past six in the morning, EU leaders finally managed to reach an agreement on the EU budget for the next seven years and a recovery...
Read moreCoca-Cola HBC would increase its share in the premium segment of the Hungarian coffee market
Coca-Cola HBC Hungary would increase its market share in the premium segment of the Hungarian coffee market with Costa Coffee to 20 percent by May next year – Vajda Márton,...
Read moreThe European Commission has approved the protected designation of origin for Csopak wines
The European Commission has approved the inclusion of wines produced in Hungary under the name Csopak, or Csopaki, in the register of protected designations of origin (PDOs), the EU committee...
Read more
The association of the Hungarian real estate business profession was formed
According to the organization’s communication sent to MTI, the most important goal is to educate the general public about commercial real estate and rental properties and to inform economic actors...
Read more
376,000 people were looking for jobs in Hungary in June
In June, there were 376 thousand jobseekers in Hungary, which is an increase of almost 130 thousand compared to the same period of the previous year. Nearly 176 thousand people...
Read more
Despite the crisis, the cooperation between WSZL and Renault Trucks Magyarország is unbroken
The vehicles of the Waberer’s-Szemerey Logisztika Kft., which has the largest distribution fleet in Hungary, actively took their share of hospital deliveries during the pandemic situation: in addition to refrigerated...
Read moreMore than 90 workers from the largest meat plant became infected in Romania
93 workers at the Smithfield pork processing plant in Romania were infected with a coronavirus, so the plant was suspended for a week – Romanian media reported. The plant is...
Read more
Euro area inflation accelerated in June
Eurozone inflation accelerated to 0.3 percent in June from a four-year low of 0.1 percent in May – Eurostat, the European Union’s statistics office announced. A year earlier, in June...
Read moreA single bunch of grapes sold for 1.3 million yens
A bunch of red grapes sold at a record price of almost 4 million HUF in Japan at the first auction of the season – portfolio.hu wrote. A record price...
Read more
Walmart Restarts Talks On Possible Sale Of Asda Stake
Walmart, the world’s biggest retailer, has restarted talks with potential buyers of a stake in its British supermarket arm Asda, a Walmart spokesperson said on Monday. The talks had been put...
Read more
Swiss start-up plans to roll out organic insect burger across Europe
Switzerland-based Essento is turning edible insects into familiar food products through its partnership with the “world’s first” organic insect farm, Ensectable. In addition to its high protein bars, Essento has...
Read more
Branching out to a new plant-based ingredient made from wood
Arbiom’s SylPro, made from fermented wood pieces, just finished a proof-of-concept test showing it can replace more traditional soy, pea and wheat proteins in meat substitutes. When consumers think of...
Read more
Magazine: Retailer ranking in the light of the emergency situation
György Vámos, general secretary of the National Trade Association (OKSZ) is of the opinion that the influence of the coronavirus pandemic will be felt in the market for a long...
Read more
At least 40 thousand less staff in the stores
According to statistics, the number of employees decreased by almost 19,000 in May compared to April. If we add that there was already a reduction of 22,000 in April, then...
Read morePig imports have jumped
Hungary’s imports of live pigs increased by more than 35 percent to 25,000 tons between January and April 2020 compared to the same period of the previous year – agrarszektor.hu,...
Read moreNAK: the European Fresh Adventures campaign reaches 1.5-2 million people annually
The campaign to promote the consumption of fresh fruit and vegetables in Europe can reach 1.5-2 million families a year, which can be supplemented with new partner organizations in the...
Read more
This is how Spar prepares for a possible second wave
The head of Hungarian Spar called the March shopping spree unbelievable and hopes that if there is a second wave, shoppers will only put daily or weekly quantities in their...
Read more
Amazon’s Dash Cart is the new checkout-free solution
Amazon has unveiled the Dash Cart, a shopping cart built for small and medium-sized trips that automatically logs products placed inside and processes payment as shoppers leave the store. The...
Read more