News and articles
IKEA enters UK shopping centers market with London mall deal
IKEA’s shopping center business is spending 170 million pounds ($222 million) to buy and upgrade a London mall in its first foray into Britain, betting it can win over a...
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Coop Switzerland Launches Winter Drink In Three Flavours
Coop Switzerland has launched a new ginger-based winter beverage range under its private-label brand, Karma. The vegan drink is available in a 60-millilitre pack in three flavours – beetroot, ginger,...
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Frozen Food Company Iglo Launches ‘Green Cuisine’ In Germany
Frozen food company iglo has launched a new line of meat-alternatives in Germany under the label Green Cuisine. The assortment comprises nine items including four ready meals and five individual...
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Reál is the most popular store in the online space
During the festive season, there was a lot of news about shopping rushes, full shopping malls, practically completely looted department stores and shops. Photo: AFP, Világgazdaság Online And data from...
Read moreFAO: food prices rose to a five-year high in December
For the third consecutive month in December, world food prices have risen to a five-year high, mainly due to higher prices of vegetable oils. The December price index of the...
Read moreTesco has published its report
Tesco’s sales fell during the Christmas season. A report by the largest UK retail network in London on Thursday said the downturn particularly affected by Central European interests, mainly it...
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The agreement on the 2020 wage increase was born at SPAR
The SPAR Magyarország Kereskedelmi Kft. and Trade Employees’ Trade Union (KASZ) agreed on wage development for 2020. Under the agreement, the SPAR Loyalty Program will continue to exist. What is...
Read moreBeekeepers’ Association: beekeepers have not closed a good year
Beekeepers have not closed a good year. Prices are depressed and last year’s yield has been moderate – Bross Péter, president of the National Hungarian Beekeeping Association told M1 news...
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A Hungarian school canteen is experimenting with meat-free meat
Recently, 265 children received meat-free Bolognese spaghetti made entirely from pea protein instead of meat – origo reports after Napidoktor.hu. Although meat-free meat is not an unknown concept in Hungary...
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Georges Duboeuf dies aged 86
Georges Duboeuf, one of the great wine merchants of the 20th Century, has died at the age of 86. He was best known for turning the release of a little-known...
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Alibaba’s executives are patient
Despite the long preparation and the favorable offers Alibaba has not been successful in the old continent, but its executives are patient – Világgazdaság wrote. Despite its extremely favorable offer...
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Euro area unemployment rate stagnates at eleven-year low
The euro area unemployment rate stagnated in November at its eleven-year low – according to a Eurostat report released Thursday. The unemployment rate in the European Union has been at...
Read moreThe Chinese also confirmed that the US-China trade sub-agreement will be signed next week
Chinese Deputy Prime Minister Liu Ho will travel to Washington on 13 January for a three-day visit to Washington, where he will sign a partial deal to resolve the US-China...
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World food prices continue rising in December
World food prices rose for the third consecutive month in December, as a strong rally in vegetable oil prices drove the FAO Food Price Index to its highest level in...
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UK Farm Bill To Be Introduced This Month
An agriculture bill is to be introduced in Britain’s parliament later this month as the country prepares to develop its own farm policy for the first time in decades, environment...
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Obeikan MDF Joins ‘Food Fellows’ Project
Spanish packaging company Obeikan MDF has joined the ‘Food Fellows’ project to fight food waste and devise sustainable solutions. The project is an initiative of the Harvest House in the...
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Coca-Cola Acquires Dairy Products Company Fairlife LLC
The Coca-Cola Company has announced that it has acquired 100% stake in Fairlife LLC, a Chicago-based manufacturer of value-added dairy products, for an undisclosed amount. Fairlife LLC commenced operations in...
Read moreThe recovery in retail sales is a good sign for GDP growth
Retail sales revival in November is a good sign of last year’s fourth-quarter GDP growth, analysts said in a statement, commenting on the report of the Central Statistical Office (KSH)...
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Analysts: earnings growth barely slowing this year
Analysts told MTI that they expect to see slightly lower earnings growth than last year, with government measures likely to play a bigger role than before. According to a report...
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KSH: The value of exports and imports decreased slightly
In November last year, the value of exports in euro terms decreased by 0.1 percent and the value of imports in euro terms decreased by 0.8 percent year-on-year, with the...
Read moreKSH: industrial production increased, the food industry performed above average
Industrial production rose 3.6 percent in November last year from a year before. According to working-day adjusted data growth was 5.7 percent – the Central Statistical Office (KSH) announced on...
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New leader at Nestlé Hungária’s HR department
From January 2020 Dúl Mária will take over the position of HR Director at Nestlé Hungária. After a successful career in finance and HR at the Schöller Ice Cream business...
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All schools in the country are eligible for cashless payment
Pupils’ financial awareness can be strengthened by the fact that all schools in the country can benefit from cash-free services, said the Deputy Minister of State of the Ministry of...
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Retail sales in the euro area increased
In November, retail sales in the euro area grew much more than expected on a monthly and yearly basis. The European Union’s statistical office, Eurostat announced on Tuesday that seasonally...
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Already, 1500 billion has been paid to Hungary’s largest urban development program
More than 1500 billion HUF have been disbursed so far in the framework of the Modern Cities Program for the comprehensive development of 23 cities (with county rights), including 1050...
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New chairman at Shell Hungary
From January 2020, Solti Andrea was appointed as Chairman of the Board of Directors, which is the highest position in the Royal Dutch Shell in Hungary. Former Chairman of the...
Read moreGlobal warming can boost agricultural production in Siberia
Climate change will enable maize and soybean production in Siberia. By the middle of the decade, Russian farmers will be able to grow corn and soy in this part of...
Read moreEmployment in the United States increased more than expected in December
The non-agricultural US employment growth in December became better-than-expected, reaching its eight-month peak – according to a report released on Wednesday by the ADP Labor Data Processing Institute. According to...
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Maxima Implements AI-Based Solutions In Grocery Retail
Lithuanian retail group Maxima has announced that it has implemented a number of AI-based solutions across its grocery stores for better customer experience. The new technology will also help in...
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Co-op targets online and vegan opportunities for 2020
Co-op, the major UK convenience retailer, has set out plans to extend its reach in online sales in 2020 as well as to enhance its product offer, with a new...
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