News and articles
US economic growth rate was lower than 3 percent last year
The Trump administration did not reach the 3 percent growthtarget for the US economy last year as corporate investment declined even more amid trade tensions. The Department of Commerce’s statistical...
Read moreE-commerce in Romania increased by 22 percent last year
E-commerce in Romania grew 22 percent last year to 4.3 billion euros, according to a report published on Tuesday. It is estimated that last year Romanians made an average of...
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(HU) A fejes káposzta lett a kötelező zöldséghozzávaló a Bocuse döntőn
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Alibaba’s Freshippo sales soar during virus outbreak
While a number of multinational chains including Starbucks, Ikea, Levi’s and Apple are shutting stores, sales are soaring for Alibaba’s fresh-food chain Freshippo in the wake of the coronavirus outbreak....
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Retailers urged to ensure vegan fashion is 100% animal-free
New guidelines have been set to ensure that vegan fashion is really 100 per cent free of animal products. The guidelines, set by the BRC, come after the trade body...
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Groupe Casino Teams Up With Beyond Meat
Groupe Casino has signed an agreement with Beyond Meat, which will see the plant-based producer’s products go on sale at Monoprix, Franprix, Géant and Casino Supermarchés as of February. The...
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Magazin: We shouldn’t turn our backs on plastics
According to Miklós Nagy, secretary general of the Hungarian Association of Packaging and Materials Handling (CSAOSZ), lots of negative information has been circulating in the media about packaging, especially plastic...
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(HU) Benvenuti al Sud! Dél-Olaszország ízei a SIRHA Budapest-en
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Read moreAccording to GKI, the economy may grow by 3-3.5 percent this year
The Hungarian economy expanded last year at around 5 percent, one of the fastest in the European Union. Overall, the October-November data do not yet indicate a slowdown, but the...
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Analysts: earnings outperformed expectations
Earnings surpassed expectations last November, according to analysts interviewed by MTI, and this year is likely to be above 9 percent. Horváth András, senior analyst at the Savings Bank, emphasized...
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Food producer prices have risen well above the average
In December last year, industrial producer prices increased by 2.4 percent year-on-year – the Central Statistical Office (KSH) announced on Monday. Domestic sales prices increased on average by 3.3 percent,...
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Baba appears in a new segment with the Premium Natura Shower Gel
Celebrating its 100th anniversary, Baba is rejuvenating its portfolio – and its target audience – with new shower baths. The new products are shelved under the name Baba Natura and...
Read moreThe Purchasing Manager Index decreased in January
The seasonally adjusted January Purchasing Manager Index (PMI) became 52.5. It is lower than the 53.9 of December and it is the fifteenth highest since January 1995, the Hungarian Logistics,...
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Coca-Cola’s revenue increased
The flash report season in the United States continues. Coca-Cola published its figures for the last quarter of 2019 – Világgazdaság Online wrote. The beverage giant was finally able to...
Read moreGerman retail trade union urges constitutional amendment due to Sunday closing rules
The German constitutional law needs to be amended because of the regulation on Sunday store closure – the head of the Handelsverband Deutschland (HDE) told on a Friday. While online...
Read moreThe EU offers duty-free trade to Britain
The EU offers London an agreement on trade free of duty and quotas. This could be the central pillar of the partnership between the Union and Britain, privatbankar.hu quoted EU’s...
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(HU) FAO: Az intenzívebb időjárási sokkok milliókat életét keserítik meg Afrika déli részén
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Biokontroll: Not everyone passes the test
According to Zsolt Kanyó, the head of Biokontroll Hungária Nonprofit Kft.’s development department, the size of land used for ecological farming is approximately 300,00ha in Hungary – about 6 percent...
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Nordstrom’s in-store resale shop
Nordstrom is the latest department store retailer to tap into one of retail’s fastest-growing markets: previously-owned clothes and accessories. Nordstrom has launched, See You Tomorrow, an online and in-store resale...
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Tech firms including Alibaba donate US$432 million to boost frontline efforts in Hubei province
Thirty information technology and new economy companies, including Alibaba Group Holding, Tencent Holdings and Meituan Dianping, have together donated more than 3 billion yuan (US$432.5 million). Earlier, Country Garden and...
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Dutch supermarkets use “dry mist” to keep fruits and vegetables fresh
Shoppers in the Netherlands have become accustomed to seeing fresh produce shelves covered in a layer of fine ‘dry mist’. But why? To keep fruits and vegetables fresh for longer,...
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Magazine: Supermarkets can use private label products as a weapon
The Private Labels Manufacturers Association (PLMA) has a monthly news programme at PLMALive.eu, called Newsdesk, and our magazine now presents to you the highlights of the October edition. In the...
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Public cash stock set a record high
It has increased by 102.5 billion HUF in December and reached 6,627 billion HUF by the end of the year. The public cash stock in Hungary is an average of...
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Earnings increased by 13.9 percent in November last year due to bonuses
As a result of non-recurring salary items – last November, average gross earnings were 403,500 HUF, 13.9 percent higher than a year before – the Central Statistical Office (KSH) announced...
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Demand for the quality wines of the Varga Winery increased last year
The Varga Winery sold more than ten percent more wine last year than a year before. Within that, premium wine sales rose to fifty percent, with around 800,000 bottles sold...
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The external trade balance remains in surplus
The euro value of exports rose 0.2 percent in November last year, while imports fell 0.3 percent year-on-year. The balance of foreign trade in goods improved by 44 million euros...
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Black mangalica has become a protected, indigenous breed
The black mangalica was recognized by the Ministry of Agriculture in June 2019 as a stand-alone breed, and an amendment to the zootechnical regulation issued at the end of January...
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40 thousand hectares of wetlands have been renewed from more than 20 billion HUF
In the 2014-2020 EU cycle, 40,000 hectares of wetland habitats have been reconstructed in Hungary through 34 projects – the Minister of State of the Ministry of Agriculture said on...
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Winter Specials at the Season Opener WAMP
WAMP offers the winter specials on the 9th of February at the season opening WAMP Design Fair, where the Rozmaring Hungarian Design brand will be introduced for the first time...
Read moreGerman retail sales were weaker than expected in December
German retail sales underperformed analysts’ expectations in December, year-on-year and month-on-month. The German Federal Bureau of Statistics, Destatis, announced on Friday that retail sales grew 0.8 percent year-over-year in December,...
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