Company and Personal News
Market capitalization of the 100 largest companies in the world breaks record
PwC’s Global Top 100 Survey has risen to a record of 21,000 billion USD for the world’s top 100 listed companies. In the one-year period from April last year, the...
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Analysts: GDP growth outperformed expectations in the second quarter
The second quarter GDP growth has outperformed market expectations. Analysts interviewed by MTI are expecting faster growth for the year as a whole than the government and the central bank....
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UN: food waste has huge costs and is a major contributor to climate change
According to the United Nations, food waste is one of the largest contributors to global climate change, equivalent to 4.4 gigatons of carbon dioxide emissions per year and generating additional...
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The Minister of Agriculture Organic material supply of soil is essential
Nagy István, Minister of Agriculture said on Saturday in Nyíregyháza, Szabolcs-Szatmár-Bereg county that soil is a treasure that it is a “finite commodity” and will never be more of it,...
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SPAR brings the atmosphere of a café into your home
Nescafé® Dolce Gusto® coffee machines, coffee capsules and accessories are a guarantee of high quality. With the launch of a new point collection action on August 15 in the stores...
Read moreThis year more wheat and rapeseed were grown in Zala County
This year more wheat and rapeseed were grown in Zala County than last year, averaging over one tonne of wheat per hectare last year – the county president of the...
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NaturAqua and KORE provide psychological help to parents of premature babies with psychologist
In Hungary, on average, every 10th pregnancy is terminated prematurely. In Hungary, premature births affect nearly ten thousand families every year. Perinatal Intensive Care Centers (PICs) are providing hospital support...
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Graphasel was awarded with Red Dot Award for its design for Opera Gin
The packaging of Opera Gin Budapest won Red Dot Award in the Brand and Communication category. The packaging was designed by Graphasel Design Studio. The independent Hungarian creative company has...
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AM: dry product manufacturers can apply for support by August 30
The application for cost support will be extended by two weeks for shipment producers, who will then be able to record the required document on the surface of the Hungarian...
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NAV seized fake perfumes and cosmetics in Budapest
Large quantities of fake branded perfumes, sunglasses, cosmetics and loudspeakers were seized by the National Tax and Customs Administration (NAV) in Budapest, causing damage to rightholders of nearly one billion...
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The starting school shopping season is increasingly important for quality and environmental awareness
The purchase of school supplies has changed significantly over the past decade, according to Auchan. While in the past, the primary decision point was clearly price, nowadays quality is more...
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Industrial production in the euro area declined more than expected
According to a report released on Wednesday by the Statistical Office of the European Union (Eurostat), industrial production in 19 euro area countries fell by 2.6 percent year-on-year, with a...
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EISA Awards 2019-2020
Philips and LG each receive two TV awards while Samsung wins for best 8K TV with its Q950R (Q900R in the US). LG’s SM90 is awarded ‘Best Smart Home TV’...
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Magazine: Where promotions are hunting for shoppers
In Slovakia the top grocery retailers are Tesco, Lidl, Kaufland, Billa and Metro. This was one of the many interesting things that we could learn at the Slovakian retail congress –...
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#reducefoodwaste – Food you may save
The international program STREFOWA (Strategies to Reduce and Manage Food Waste in Central Europe) is looking for the best solutions to prevent and reduce food waste and the best ways...
Read moreKSH: GDP increased by 4.9 percent in the second quarter
Hungary’s gross domestic product (GDP) grew by 4.9 percent in the second quarter and by 5.1 percent in the second quarter, according to seasonally and calendar-adjusted and balanced data, compared...
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AM: Cattle breeders may apply for new support
The Ministry of Agriculture (AM) is launching a new support program to raise production efficiency in the beef cattle and buffalo sector, as well as the genetic quality of the...
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The Agricultural Research Center will receive 260 million HUF a year for three years
The National Center for Agricultural Research and Innovation (NAIK) receives 260 million USD a year in funding for three years, and the institution received funding under the Thematic Excellence Program...
Read moreBősze Winery is building a new wine processor in Ászár
The Bősze Winery in Ászár, Komárom-Esztergom County is building a state-of-the-art wine processor with a 200 million USD investment that will enable it to triple its current capacity of 30,000...
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Hungarian Confectionery Manufacturers on Palm Oil
Palm oil issues have aroused considerable interest and have been the subject of serious debate recently. The confectionery industry is aware that current palm oil management raises important issues. Because...
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Eight to ten tons of waste were picked from the Upper Tisza within the PET cup
Eight to ten tons of waste from the Upper Tisza between Tivadar are Záhony were decontaminated this year by participants of the PET Cup – the organizers announced on Wednesday....
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Cofidis: those who plan to raise up children consider infancy, those who already have children consider the young adult period to be cost the most
The Cofidis Credit Monitor survey is conducted four times a year by the NRC Marketing Research and Consulting Ltd. on a sample of 500 persons online. The data are representative...
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Children in need receive a free school pack
Children from cumulatively disadvantaged families will receive a free pack of school supplies for school start-up – the state secretary for social affairs at the Ministry of Human Resources announced...
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Yannick Mooijman, new head of UPS’s Hungarian subsidiary
UPS today announced the appointment of Yannick Mooijman as the new Country Director for Operations in Hungary, Greece, Romania and Slovenia, where he will be responsible for UPS’s local operations,...
Read moreNo more IKEA catalogs in mailboxes
The IKEA furniture store chain no longer sends up-to-date paper-based advertising catalogs for environmental reasons – origo wrote. IKEA justifies the move by striving to be more environmentally friendly in...
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LG and Lumi to collaborate on AI smart home services
LG Electronics and Lumi United Technology will collaborate on artificial intelligence (AI) smart home services, the companies have announced. The South Korean electronics maker is a global powerhouse in home...
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The Hungarian owner of Mcdonald’s opens his first new restaurant in Gödöllő
McDonald’s Corporation announced in February this year that it would fully transfer its ownership interest in the Hungarian company to Scheer Sándor, a Hungarian businessman. Under the management of the...
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KSH: the rise in agricultural producer prices accelerated further in June
In June, agricultural producer prices increased by an average 10.5 percent, compared to the average of the previous year. The annual increase in crop and horticultural products jumped from the...
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Three times as much mineral water is consumed as an average day
Hungarian supermarket chains sell three times as much mineral water in the heat of the day as on an average day – origo wrote after Világgazdaság. The magazine’s retail outlook,...
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