News and articles

IKEA is approaching its energy goals

By the end of this year, IKEA is expected to exceed its renewable energy target of producing as much energy as it consumes – origo wrote after reuters. By the...

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Starbucks won at European Court of Justice

Starbucks won its fight at the European Court of Justice against the EU demand to pay up to 30 million euros on Dutch back taxes. In October 2015, the European...

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Pizza Me is expanding

Pizza Me continues to expand. The Hungarian fast-food chain plans to open more and more stores outside of downtown Budapest – portfolio.hu wrote. Experts say that the city is constantly...

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Woman and beer – Video of the day

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More and more Chinese tourists are visiting Hungary

The importance and high growth potential of the Chinese tourism has been highlighted by the participants on Monday in Budapest at the Business Forum jointly organized by the Ctrip Customized...

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China’s JD.com adds more bricks-and-mortar stores to supply chain to speed up deliveries

Online shopping giant JD.com is targeting delivery times of as little as 30 minutes across China by using various offline retail outlets, including Walmart, to directly get products to customers....

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Coca-Cola To Introduce Cardboard Packaging For Multipack Cans

Coca-Cola has announced that it is to replace plastic shrink-wrap from multipack beverage cans in Great Britain with cardboard packaging in the next 18 months. The new packaging will be...

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Tesco Launches New Plant-Based Food Range

Tesco has announced that it has launched a new range of affordable, plant-based food items. Branded as Tesco Plant Chef, the range includes butternut cauliflower macaroni pasta, breaded soya goujons,...

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Magazin: Emberszámban

Két számjegyű az állateledelpiac bővülése, ezen belül látványos a diszkontok előretörése. A csatorna jó lehetőséget lát a kategóriában, folyamatosan fejleszti, így növekszik a modern, kényelmes eledelek penetrációja. Ami viszont csatornafüggetlen: egyre...

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GKI: economy is growing at an annual average of 4.3 percent this year

GKI Economic Research Co. has raised its forecast for economic growth this year, expecting 4.3 percent instead of the 4 percent forecasted in June – Vértes András, GKI’s president said...

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Machines are behind the growth of the commercial sector

The turnover of domestic stores is constantly breaking records: according to the latest data of the Hungarian Central Statistical Office (KSH), the volume of retail trade is 6.4 percent higher...

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Aldi is building a new cold store and expanding its capacity

Aldi Magyarország is building a new 8,800 square meter cold storage warehouse in Biatorbágy and will expand its warehouse staff by fifty – the company told MTI on Monday. According...

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NAK: 150-200 thousand hectares are irrigated in Hungary

Irrigation is practiced in Hungary on about 150-200 thousand hectares, which is comparatively small compared to the Hungarian possibilities, because there would be a demand for irrigation on 400 thousand...

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Nébih found everything all right when examining VinAgora’s medalist wines

The National Food Chain Safety Authority (Nébih) found everything okay when examining VinAgora International Wine Competition’s medalist wines – the Magyar Szőlő- és Borkultúra Nonprofit Kft. (Hungarian Wine Culture Nonprofit...

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Opten: the company establishing practice is changing

Only one in four start-ups starts with a clean slate, 75 percent of fresh start-ups are still linked to previous companies, but changes to come in the Hungarian company formation...

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Male singers from four nations will perform at the 23rd European Wine Song Festival

Vintage parade, concerts, fair, wine show and male singers from four countries will await the guests of the 23rd European Wine Song Festival in Pécs and in the villages of...

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Between 2013 and 2017, almost 12 billion euros of counterfeit goods were seized in the European Union

About 438 million counterfeit goods were seized in the European Union between 2013 and 2017, with an estimated value of nearly 12 billion euros – the European Union Intellectual Property...

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The ifo German business sentiment index strengthened slightly

The business sentiment index of the Ifo Economic Research Institute in Germany increased more than expected in September; economic opinion on the current situation has improved, but the index of...

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Tesco’s attutide Celebrated by UN

Dave Lewis – chief executive of Tesco – is chair of the Champions 12.3 group which is working to meet SDG 12.3. This calls on all countries to halve their...

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BDO: the growth of the tourism industry can reach double-digit growth this year

The tourism sector’s revenue growth could be up to more than 10 percent this year. Boosting domestic demand plays a significant role in it – BDO Hungary’s Hotel and Real...

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Our products can be found in almost every Hungarian home

Our magazine interviewed Attila Vajda, managing director of Vajda-Papír Kft. that employs 500 people, realises an annual sales revenue of 37.5 billion forints and has conquered Norway.   What were the...

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The first playable Beck's beer bottle – Video of the day

9th Century technology meets 21st Century music over a bottle of beer in the latest extension to the Beck’s Record Label project. This time, the art label has evolved, and...

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3 must-see lavender delicacies for fall days!

Although the summer is over, we should not miss the character of lavender in the autumn. We have compiled the simplest “stress-relieving” recipes, each of which heavenly honey-lavender syrup fans...

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Thomas Cook, the oldest British travel agency, went bankrupt

The oldest British travel agent, Thomas Cook, which has hundreds of thousands of passengers, is now in bankruptcy and has now ceased operations in various resorts around the world. According...

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Gourmet food on the way

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Nine out of ten global leaders looking forward to positive world economics

Reshape. Reimagine. Reinvent. Safeguarding growth for tomorrow and beyond.The first EY Capital Confidence Barometer was launched 10 years ago in the wake of the Global Financial Crisis (GFC). At that...

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The physics of chocolate

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The Perfume Shop opens new concept store in Sheffield

The Perfume Shop has opened its first experiential concept store within Meadowhall shopping centre, Sheffield. The new concept store showcases interactive areas such as a central play table for perfume...

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Coles cuts prices for hundreds of products

Jumbo-sized tomato sauce bottles, private label vegan meat alternatives and bundle deals on baby food are all on the menu for supermarket giant Coles as the retailer embarks on its...

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Students Invent Bacteria That Eat Plastic From The Oceans And Turn It Into Water

The high pollution in the oceans is a big problem on the planet. According to recent research, it is likely that in the year 2050 we will find more plastic...

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