News and articles
The economic downturn may be greater than previously expected
Minister of Finance Varga Mihály presented the government’s recent macroeconomic forecast at Friday’s HBLF conference – portfolio.hu, wrote. According to them, this year the economic downturn could be 6-6.5% instead...
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A wine investment support program is launched
Almost 3.4 billion HUF in multi-phase support for the purchase of machinery related to grape processing and wine technology will be available to wineries from 2 November – the Ministry...
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Strictness in wearing the masks
The austerity bomb could explode immediately: not only will the places to wear be expanded with hospitality and entertainment venues from the second of November, but now the shop, restaurant,...
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Nébih: Hungarian-grown pumpkins are safe
In the seasonal test of the Supermenta program, 11 domestically grown pumpkins were examined by the experts of the National Food Chain Safety Office (Nébih) and found thzat the Hungarian-grown...
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More than six thousand packages of diaper donations for SOS Children’s Villages
The pandemiological situation that lasts for more than half a year has also posed a serious challenge to SOS Children’s Villages. Along with the rising costs of nearly four hundred...
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Franc & Franc in 2020 to be postponed
The Villány Wine Region Mountain Council and the Tenkes Wine Region Development Ltd. decided in the current pandemic situation, keeping in mind the safety of the guests, to postpone both...
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The manufacturer helps teachers with about eighty-two thousand bottles of Béres Drops
Almost 82,000 bottles of Béres Drops were donated by Béres Gyógyszergyár Zrt. to teachers teaching in primary and secondary schools belonging to the Klebelsberg Center. The contract for the offer...
Read moreGerman GDP soared in the third quarter
Germany’s gross domestic product (GDP) grew at an all-time high of 8.2 percent in the third quarter of this year from the previous three months – the Federal Statistics Office...
Read moreConsumer sentiment improved in October in the United States
Consumer sentiment in the United States improved more than previously estimated in October, according to definitive data from the University of Michigan’s monthly regular survey. According to the final data...
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Amazon’s revenue rises based on Q3 data
Amazon’s advertising revenue rose 51% in Q3 from a year earlier as marketers sought to reach the e-commerce giant’s customers while they shopped online. Amazon’s total revenue gain of 37%...
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Albert Heijn Expands Own-Brand Plant-Based Range
Dutch retailer Albert Heijn has announced plans to add around 70 SKUs to its private-label vegetarian, vegan and vegetable products range to meet increasing demands from customers. The new range,...
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Walmart transforming four locations into omnichannel test stores
Walmart will be testing new ways to operate and help its employees better serve online and in-store customers alike in four designated locations. The discount giant has identified four stores...
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Biodegradable Spirits Bottle
Bacardi wants to swap crude oil for seed oil as the starting material for bottles and thus develop a 100 percent biodegradable spirit bottle. This bottle is expected to hit...
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KSH: 35,000 less people worked in the third quarter than a year ago
In the three-month period of July-September, the average number of employees was 4,486,000, and the employment rate of those aged 15-64 was 70.2 percent, the Central Statistical Office (KSH) reported...
Read moreIntrum: the European recession is the biggest threat according to Hungarian companies
As a result of the coronavirus pandemic, the recession at European level is considered by Hungarian companies to be the biggest revenue-threatening factor, for which receivables are a growing problem;...
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Mizse promotes environmentally conscious thinking with the campaign of its new, carbon-neutral product
This autumn, Mizse introduced Hungary’s first carbon-neutral PET bottle, the 1-liter Ecogreen product, which was created specifically to reduce the environmental impact. Simultaneously with the introduction of the product, the...
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HelloParks, the industrial and logistics real estate development company of the Futureal Group, makes its debut in Fót
In the neighborhood of Budapest, next to the junction of the M0 motorway and the M3 motorway, HelloParks bought its first area suitable for the construction of an industrial and...
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Physical hourly wages are 11 percent higher than last year
In the third quarter, the average gross hourly wage of skilled and trained manual workers was 1,318, HUF according to an analysis by Trenkwalder, which processes the wage data of...
Read moreThe Payment Point introduced electronic card payment without a POS terminal
The Payment Point (Fizetési Pont) has introduced a new card electronic payment solution in Hungary: with the so-called SoftPOS technology, it is possible to make a credit card purchase transaction...
Read morePraktiker heats up the fireplace market
Praktiker wants to invigorate the domestic fireplace and stove market with the expansion of the range of heating equipment and with price options. Praktiker has about 20 years of experience...
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Economic sentiment in the euro area and the EU stagnated in October
After a steady improvement since May, economic sentiment stagnated in October in both the euro area and the European Union. According to data posted on the website of the European...
Read moreDIW’s business cycle barometer slowdown indicates economic growth in Germany
With a likely slowdown in post-crisis economic growth, a second wave of the coronavirus epidemic in Germany has arrived on the basis of a business cycle barometer from the DIW...
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Walmart launches new test stores
Walmart has two test stores up and running with two more set to open aimed at quickly experimenting with omnichannel technology and processes. As Walmart keeps trying to grow its...
Read morePuma increased its sales and profits in the third quarter
The turnover and profit of the Puma sports equipment and apparel group increased year-on-year in the third quarter, but the data for the first nine months still show a decline....
Read more(HU) Az ALDI minél több magyar beszállító bevonására törekszik
Sorry, this entry is only available in HU....
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Magazine: From this year the best stores can use the StarStore logo!
In Trade magazin’s 2020 StarStore (in former years: SuperStore) competition there were 18 entries and for the first time hospitality units also had the chance to compete, in the gastro...
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Spar built a shopping center in Törökbálint for 2.7 billion forints
Spar Magyarország Kereskedelmi Kft. built a new shopping center for 2.7 billion HUF in Törökbálint, Pest County, the trading company told MTI on Wednesday. According to their announcement, a supermarket...
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International Conference on Misleading Advertisings
On 6 November 2020, for the eighth time, an English-language conference will be organized by the Pázmány Péter Catholic University JÁK Competition Law Research Center to present current issues of...
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Julia conquers this year at Auchan
With the little plush beaver you can give gifts and help at the same time again: “Big deeds start with small gestures” – this is the message of Auchan’s year-end...
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Unilever has achieved significant plastic reduction results
Despite the negative effects of the coronavirus pandemic, Unilever insists on reducing the amount of plastics used in product packaging. Known for its Dove, Ax, Lipton and Knorr brands, among...
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