News and articles

An illegal pálinka maker was found in Baranya

Hundreds of liters of distillate and thousands of liters of mash, as well as high-volume pálinka making machines were found by the National Tax and Customs Administration (NAV) in an...

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Five billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich

Almost 5 billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich. Thanks to the fastest-growing construction investments in the region, supporting the fastest Hungarian economic growth...

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Three Metro Cash & Carry properties in Hungary and eight more in the region have been sold

A total of 11 Cash & Carry stores have been sold in Poland, Hungary and the Czech Republic by Metro Properties, a real estate company of Metro AG – portfolio.hu...

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Investor sentiment in the euro area improved slightly

Investor sentiment in the euro area has improved slightly, according to a study released on Monday by the Berlin-based Sentix Economic Research Institute. The monthly Sentix survey was made with...

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Consumption has become the new mantra in the Chinese economy

Chinese leadership wants to boost economic growth primarily through boosting domestic consumption – origo wrote. But there are still serious limitations to this, despite Chinese consumers contributing significantly to GDP...

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Profit warning from Starbucks

US Starbucks at Goldman Sachs conference said it expects revenue to be ten percent lower in fiscal year 2020 that starts on 1 October – origo wrote after ABC News....

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RISE NRG – good energy, good vibes!

New pop of colours on the energy drink market with the outstanding flavours of RISE Energy Drinks! Give it a try and feel the good vibes of the new and...

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Coffee cures a rare disease

The effectiveness of two espressos per day was confirmed by a random test: the coffee eliminated by the coffee the symptoms of a rare, hereditary, incurable disease of 11-year-old French...

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Russia’s X5 Opens New Distribution Centre In Siberia

Russian retailer X5 group has announced that it has opened a new distribution centre in Novosibirsk in the Siberian Federal District. The new logistics facility will supply goods to Pyaterochka...

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Brazil Agribusiness Joins With NGOs To Call For Action On Amazon

Brazil’s leading meat export industry group and other agribusiness associations on Friday joined with nongovernment organisations (NGOs) to call for an end to deforestation on public lands, demanding government action...

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Timberland to plant 50 million trees within five years

Global outdoor lifestyle brand Timberland has committed to planting 50 million trees around the world by 2025. The move builds on Timberland’s previous tree planting efforts; since 2001, the brand...

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European Commission: Hungary’s digital development has improved

According to DESI’s 2019 data showing the development of the digital economy and society, Hungary’s performance over the past few years has improved at a pace similar to the EU...

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The 14th Coop Rally ended in Hajdúszoboszló

The professional program has now introduced 119 domestic food producers and distributors. The team of Szatmári Malom Kft. won the Coop Rally this year. The awards ceremony took place on...

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AM launches a wine promotion program with a budget of 3.5 billion HUF

The Ministry of Agriculture plans to launch a 3.5 billion HUF wine promotion program to support the sale of quality wines, Feldman Zsolt, Minister of State of the Ministry of...

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KSH: Exports and imports rose by 7.6 percent in July

In July, exports and imports both rose 7.6 percent year-on-year, and foreign trade surplus became 276 million euros, 19 million euros higher than a year before – the Central Statistical...

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Beer and Trotters Festival is organized in Siófok for the first time

Siófok is coming up with a new Autumn Gastronomy Festival: the first Beer and Trotters Festival will be held between 13th and 15th September on the Main Square. The organizers...

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ITM: special attention to be paid this year on students’ consumer awareness again

The Ministry of Innovation and Technology (ITM) will continue to focus on providing students consumer protection knowledge this school year. The Ministry is launching its “Consumer Awareness School” competition for...

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More than 7,300 young people start their education in the institutions of the Ministry of Agriculture

“More than 7,300 young people start their education in the institutions of the Ministry of Agriculture” – the Ministry of Agriculture told MTI. “The school system, which responds to the...

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Parents shop in two waves during school start

The end of August and the beginning of September is the start of school, which usually provokes mixed feelings in the children. Some are excited about preparing for the new...

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Ten million eggs that wouldn’t make a chick

Bloomberg reports on an unusual government idea from Indonesia. Jakarta would force record-low poultry meat prices to rise by recommending the destruction of eggs to the poultry farmers – origo...

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A British company is looking for pudding tasters

Nothing can be easier and more enjoyable for a sweet-toothed man than tasting pudding while making money – origo wrote. In addition, this dream position is offered by teleworking by...

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Growth in the euro area private sector picked up but remained modest in August

Growth in the private sector of the euro area increased but remained modest in August, after the service sector was only partially able to offset the decline in manufacturing performance...

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A Praktiker in the countryside got a new interior

Praktiker has renewed its store in Székesfehérvár for about 150 million HUF. The DIY store, with its new and more modern environment, is welcoming customers from September – portfolio.hu quotes...

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The euro area faces the most pessimistic investor sentiment of the past five years

Investor sentiment in the euro area fell to the lowest value of the past five years, according to a study released on Monday by the Sentix Economic Research Institute in...

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Lidl Germany: Reusable Net Bags Instead of Plastic

Discounter Lidl has announced that it will introduce reusable net bags for unpacked fruit and vegetables across all outlets in Germany. Starting 26 August, the new bags will be available...

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Tesco: Remove, Reduce, Reuse, Recycle

Tesco has announced the second phase of its ‘Remove, Reduce, Reuse and Recycle’ plan aimed at tackling excess packaging in private-label as well as branded products. As part of the...

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Labelling issue solved by Brewers of Europe

A few years ago, UNESCO added Belgian beer culture to its list of Intangible Cultural Heritage of Humanity. It highlighted how deeply this culture is embedded across Belgium’s towns and...

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Together Against Plastic Waste

A global alliance of plastic makers and consumer goods companies said on Tuesday it would prioritise much of its $1 billion (€900 million) funds to curb plastic waste in Southeast...

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Magazine: Mixed strategies to get satisfaction

‘Marketing and psychology’ was the title of the presentation László Mérő, professor of mathematics and psychology at ELTE in Budapest and Babes-Bolyai University in Cluj-Napoca, gave at the June meeting...

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Analysts: the rise in wages lays the foundations for retail sales growth

In July, after two months of modest growth, retail business turnover increased dynamically again. The double-digit wage growth predicting continued sustained growth in consumption and retail, thereby remaining an important...

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