Company and Personal News
Coop executives decorated with Order of Merit
On 20 August László Pekó, chairman of the board of directors at Co-op Hungary Zrt. and CEO of Nyírzem Zrt., and László Tóth, CEO of Unió Coop Zrt. and member of the...
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Ceres wins silver medal at the 17th Euroregional Bread Festival
Dunakapu Square in Győr was the place where the 17th Euroregional Bread Festival took place on 8 September. Ceres Zrt.’s Ceres Rhodes Loaf finished 2nd in the bread category and was...
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Alföldi Tej opens cheese production plant
Dairy company Alföldi Tej Kft. has built a cheese production facility from HUF 15 billion in Debrecen. First only Trappist but later also Gouda cheese will be made in the new...
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Nestlé reduces greenhouse gas emission faster
Nestlé has announced that it will reduce its greenhouse gas emission to zero by 2050. The company wants to achieve this goal by putting several products on the market –...
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Bulldog Gin pushes forward in Hungary too
One of the world’s most popular and famous premium gins is now also available in Hungarian bars and shops: Coca-Cola HBC Magyarország launched Bulldog Gin at the end of August....
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790,000 cans of food for people in need
Bonduelle Central Europe Kft. and the Hungarian Food Bank Association donated 790,000 canned food products in the value of HUF 246 million to people in need. The 221 tons of food...
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Coca-Cola HBC Europe continues to lead the way in sustainability
According to the 2019 Dow Jones Sustainability Index, Coca-Cola HBC is the No.1 sustainably ran soft drink company in Europe. This is the sixth time in the last 7 years that...
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Unilever switches to renewable energy
Unilever has announced that the company is now only using renewable energy in all factories, warehouses, offices and research centres on all five continents. This achievement is the result of the...
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Costa Coffee to be launched in Hungary next year
Coca-Cola HBC plans to roll out its Costa Coffee product in at last 10 countries in 2020 – and one of these markets is Hungary. Zoran Bogdanovic, CEO of Coca-Cola HBC...
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Intermarché’s expansion in Portugal
France-based Les Mousquetaires has announced a large-scale expansion plan for its Intermarché stores in Portugal. The retailer plans to invest EUR 200 million in opening 105 stores by 2023. EUR...
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7-Eleven introduces mobile checkout
After testing mobile self-checkout with employees at its own store, 7-Eleven launched the service in several Dallas locations in 2018 to get customer feedback for further fine-tuning. Customers at 7-Eleven in New...
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Target and Disney partner for a special in-store experience
Target will open about 65 in-store Disney stores in the next two years as part of a new partnership between the two companies. The first 25 of the shop-in-shop concepts will...
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No-checkout store concept arrives in Switzerland
Swiss company Valora and Migrolino follow the path of Amazon Go, testing a new store concept in Switzerland. This spring Valora opened its automated mini-store at the main train station...
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Sixty applicants won the Value and Quality Award in 2019
On 10 September the award ceremony of the Value and Quality Award took place in the building of the Hungarian Parliament for the second time. This year 67 entries by...
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A gluten-free life for 80 billion forints a year
Gluten-free groceries had a 4-percent share in total grocery sales between July 2018 and June 2019. Gluten-free foods were sold in the value of almost HUF 80 billion. Dóra Hajnal,...
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Europe is slowing down, but we aren’t
Like-for-like retail sales augmented by 3.4 percent in Europe in the 2nd quarter of 2019. The sales growth in this period was 7.7 percent in Hungary – this was the...
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The Ministry of Agriculture helps the competitiveness of Hungarian livestock farmers with subsidies
The Ministry of Agriculture (AM) also provides subsidies to Hungarian livestock farmers to help the sector cope with strong international competition – the Ministry announced on Friday. According to the...
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MNB: card payments ratio continued to expand in the second quarter
The infrastructure of card payments and the rate of card payments also expanded in the second quarter of this year -the National Bank of Hungary (MNB) announced on its website...
Read moreMadosz: the quality of tobacco is better than last year
The quality of the tobacco produced this season is expected to be better than last year, and the quantity will be good as well – the president of the National...
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A feed plant was opened in Somogy County
The Hungarian economy is growing fastest in the European Union today – the Minister of Foreign Affairs said at the inauguration of the 3.1 billion HUF worth feed production plant...
Read moreAfrican Swine Fever: pig breeders can get free disinfectants
Pig farmers can get free disinfectants from their veterinarian – the National Food Chain Safety Agency (Nebih) has published on its website. In a statement, the agency stressed that it...
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The University of Pécs terminates the purchase of PET bottled beverages
The University of Pécs (PTE) terminates its supply of plastic, PET-bottled water and beverages – the institute announced on Monday. It is reported that the leadership of PTE – as...
Read moreNAV draws attention to the marketing conditions of new types of tobacco products
“Smoke-free” alternatives to smoking, such as refillable electronic cigarettes or heating devices containing real tobacco but at a much lower temperature than conventional cigarettes, are also spreading in Hungary –...
Read moreRetail sales in the United States grew faster than expected
Retail and hospitality sales in the United States expanded at a higher rate than expected for the sixth consecutive month, indicating that the steadily rising consumer spending is likely to...
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The earliest direct evidence of human milk consumption has been discovered in Britain
The earliest direct evidence of human milk consumption to date has been identified in Britain – BBC’s news portal wrote. The authors of the study, published in the journal Archaeological...
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European retail in 2019
A study made by GfK has revealed that purchasing power grew considerably in the European Union in 2018. The engines of this growth were Latvia (+10.3 percent) and the Czech...
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An economic slowdown has started
In the 2nd quarter the Hungarian economy was growing by 4.9 percent; this rate was faster than expected and the fastest in the European Union. However, an economic slowdown has...
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Expensive tomato
As of 1 January 2019 the VAT on UHT and ESL milk reduced from 18 to 5 percent. Data from the first 32 weeks of the year indicate that the...
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Online is stronger if combined with offline
According to data published by EuroShop, it has a positive influence on the sales performance of online shops if they open an offline store. There is a so-called ‘halo effect’,...
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A work of art
EKI Creative Kft. has unveiled its latest in-store display. It was developed for Paco Rabanne cosmetics and according to key account manager Péter Eckert, it is almost a work of art, as...
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