Company and Personal News
A quarter of the Earth’s population is facing critical water shortages
Seventeen countries, mostly in Africa and the Middle East, are already experiencing one of the most cruel symptoms of climate change, extreme water shortage – privatbankar.hu wrote. According to a...
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One year on, close to 5 million pigs lost to Asia’s swine fever outbreak
Almost 5 million pigs in Asia have now died or been culled because of the spread of African swine fever (ASF), a contagious viral disease that affects domestic and wild...
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Shoppers want the personal contact
In May JLL published a study about the future of retail. From this we learned that 65.2 percent of ‘veteran’ consumers need a professional’s help when shopping, for Baby Boomers entertainment...
Read moreConsumer prices increased by 3.3 percent in July
In July, consumer prices were 3.3 percent higher on average year-on-year, and were 0.2 percent higher compared to June – according to the Central Statistical Office (KSH). Inflation declined further,...
Read moreThe first-half annual export surplus is 3.3 billion euros
In the first half of the year, the value of exports in euros increased by 3.2 percent and imports by 5.0 percent. The export trade surplus was 3,328 billion euros,...
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Nébih is satisfied with the mobile shops
The first phase of the summer seasonal food chain inspection has been completed, with experts withdrawing about 7 tons of food worth about 1.4 million HUF from the market. This...
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Cooling Flavors from Pepsi: refresh with the Ginger Sugar Free Coke
Would you like to refresh but don’t want to drink sugary soft drinks? Would you like to try a bolder taste? The Ginger flavored member of the Pepsi Sugar Free...
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Waberer has published its financial report
Waberer’s International Plc. closed the second quarter with a net loss of 9.1 million euros loss, after last year’s 100,000 euros loss. The company’s turnover is 172.7 million euros ,...
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Seventy million forints worth fake branded clothes were seized on M5 motorway
In excess of seventy million forints, more than six thousand pieces of fake branded clothes were seized by a National Tax and Customs (NAV) employee on the M5 motorway from...
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Europe’s winemakers: climate change and adaptation
Climate change may increasingly force European wine producers to rethink their planting and farming practices so far, even for the sake of elementary survival – privatbankar.hu wrote. Planting of varieties...
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FedEx broke up with Amazon
FedEx has announced that it will not renew its contract with Amazon, so they will not ship Amazon-ordered products to customers in the future – portfolio.hu wrote after The Wall...
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More and more young entrepreneurs in Hungary
Entrepreneurship is growing stronger and stronger worldwide and the Hungarians are also getting more optimistic. Four out of ten young people would start own company – Amway’s Global Entrepreneurship Report...
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Traffic increased in most of the web shops
Domestic retail sales are increasing further, and data shows that it is really worth launching an online store now – penzcentrum.hu wrote. 55 percent of domestic webshops reported about sales...
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Analysts: industrial production data indicate a slowdown in economic growth
Economic growth peaked in the first quarter and a slowdown in GDP growth started in the second quarter, according to analysts interviewed by MTI on the first estimate on industrial...
Read moreFrom September, we will be able to redeploy online consumer disputes
The Budapest Arbitration Board drew the attention of consumers and businesses in a public statement of public interest, to the fact that on the basis of the the 1997 CLV...
Read moreIt will be mandatory to use a security code for online purchases from autumn,, and customers need to take action as well
It will be mandatory to use a security code for online purchases from 14 September within the European Union, and customers must activate the services at a branch, online banking...
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Artificial tongue for recognizing counterfeit whiskey has been developed by Scottish researchers
An artificial “tongue” which can taste subtle differences between whiskies could help tackle the counterfeit alcohol trade, according to researchers. They have built a tiny taster which exploits the properties...
Read moreBeer making is the next in NAK’s professional program
The professional programs continues of the Food Industry Directorate of the National Chamber of Agriculture (NAK) continues with the “Let’s Learn Together” series in September with the topic of brewing...
Read moreRetail sales growth in the Czech Republic accelerated in June
In June, retail sales growth in the Czech Republic accelerated to 4.6 percent from the 2.7 percent of May – the Czech Bureau of Statistics announced in Prague on Wednesday....
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Mastercard buys an instant payment company
Mastercard acquires Nets, a company active in the immediate payment system market, for close to 3 billion euros – portfolio.hu wrote after Bloomberg. Mastercard acquires the Danish company Nets for...
Read moreDynamic wage growth in Romania
Romania’s average net wage in June was 15.5 percent higher than a year before – the Romanian National Institute of Statistics announced on Wednesday. The average net salary reached 3142...
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Walmart launches a streaming channel in India
Walmart is launching a new video streaming service in India through its Flipkart subsidiary, an attempt to entice customers from rival Amazon, which already has a streaming service that also...
Read moreThe EU sends 50 million euros to Africa to mitigate drought
The European Commission has decided to release 50 million euros in emergency humanitarian aid to alleviate food shortages and other supply problems caused by protracted drought in four countries in...
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(HU) Idén két Grapoila olaj is tarolt a Great Tate versenyen
Sorry, this entry is only available in HU....
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More hens, less pigs
The number of pigs in Hungary decreased by about 20,000 compared to a year ago, and by nearly 32,000 compared to December last year. The number of hens increased by...
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Hungarian Slow food success in London
Slow Living Hungary has been a huge success at the UK Great Taste Awards – slowliving.hu wrote. The Fekedi Stifolder has become the world’s best & most successful salami producer...
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The after-tax profit of Zwack Unicum decreased
Zwack Unicum’s after-tax profit was 231 million HUF in the first quarter of the 2019-2020 financial year, 53.2 percent less than the 499 million HUF in the base period –...
Read moreThe tobacco industry has to prepare for significant changes according to the head of the BAT factory in Pécs
The growth of traditional tobacco products cannot be sustained, so the tobacco industry must prepare for significant changes – the Managing Director of the BAT (British American Tobacco) Pécs Tobacco...
Read moreThe British Tesco to be restructured
Britain’s largest retailer, Tesco, is redesigning its structure to respond to changing consumer habits – origo wrote after Reuters. Tesco in the UK, will cut some 4,500 jobs at its...
Read moreChina has stopped importing American agricultural products
China has stopped importing US agricultural products following US President Donald Trump’s unexpected order last week to impose additional duties on another Chinese products. Beijing decision-makers were unexpectedly surprised that...
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