News and articles
Retail sales in the Czech Republic fell by 8.9 percent in March
In March, retail sales in the Czech Republic fell by 8.9 percent year-on-year; In February, growth reached 7 percent – the Czech Statistical Office announced in Prague. The sharp decline...
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EU-borders do not open until mid-June
The European Commission would extend the ban on entry into the EU until 15 June, as the coronavirus situation is “not even stable in Europe and the world,” the Eurologist...
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German Chancellor at least until the end of the year
Even the most optimistic estimates suggest that the coronavirus epidemic in Germany will last at least until the end of the year – the German chancellor said in an interview...
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The American luxury chain asked for bankruptcy protection
Neiman Marcus asked for bankruptcy protection – hvg.hu wrote after The New York Times. The department store chain, known for its luxury products, said it has received 675 million USD...
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Neither footballers nor their market value are immune to the pandemic
The total value of players on the teams of the ten largest European football leagues could fall by as much as 10 billion euros if the season is not completed...
Read moreThe goverment shares more EU-grants than ever
A tremendous amoun of EU grant decisions have been made as since mid-April, and the payment of grants has visibly picked up since the outbreak of the coronavirus crisis in...
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What can come in tourism after the coronavirus pandemic
According to industry analysts, the number of guest nights will decrease by 43-48 percent this year, which will cause a loss of nearly 250-300 billion HUF in tourism – penzcentrum.hu...
Read moreCroatia and Slovenia are trying to save the summer tourist season
Croatia and Slovenia are trying to save the summer tourist season: smaller accommodations in Slovenia could open as early as next week, Croatia would start the season on June 1st,...
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Life in Europe is gradually relaunched
Life is gradually being relaunched in many countries in Europe, but they are very careful everywhere. True, there are places with seemingly strange decisions. At the same time, the restart...
Read moreLife is relaunched at Lake Balaton
Guests and restaurant owners alike were looking forward to the weekend when they were finally able, albeit with minor restrictions, to open it. – Well, we can finally eat a...
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Croweded streets in Italy already
The streets of Italian cities were crowded on the first weekend after the loosening the restrictions, reports an on-site correspondent from MTI. Despite strict controls, Naples ’seafront promenades were crowded,...
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Montenegro aims to be a tourist paradise from July
In Serbia, the number of confirmed infections has reached ten thousand, but in Montenegro no new cases have been registered for days, and in most Western Balkan countries an average...
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There is a huge difference between the perceived and official inflation now
Officially, the annual rate of price increase in Hungary is below 3%, but in the meantime we can find inflation of almost 10% when we enter the store. There has...
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Prices continue to rise in domestic hypermarkets
Shoppers and traders are increasingly adapting to the epidemic, while prices continue to rise in domestic hypermarkets – albeit at a slightly slower pace than a month ago. There is...
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21 tons of product donation for Hungarian Red Cross
The first large-scale product donation arrived at the Papp László Budapest Sports Arena for the Hungarian Red Cross. In April, the organization received the Papp László Budapest Sports Arena for...
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How COVID-19 is changing consumer behaviors
The EY Future Consumer Index on behavior and sentiment across five key markets shows how the pandemic is creating new consumer segments. Daily life for people around the world has...
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Lidl Switzerland To Roll Out ‘Veggie Block’ Concept In More Stores
Lidl Switzerland has announced plans to expand its ‘Veggie Block’ concept to approximately 140 outlets across the country. The ‘Veggie Block’ is a specially marked shelf dedicated to vegetarian and...
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Coop Denmark To Tighten Soy Requirements
Coop Denmark has announced plans to increase the proportion of responsibly-produced soy in its private label brands, by tightening requirements. The new requirements will apply to products containing soy as...
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New Online Supermarket Macai Launches In Italy
A new independent online supermarket Macai has launched in Italy, which claims to be the ‘first 100% digital supermarket’ in the country, reports the daily Corriere della Sera. The product assortment...
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Both customers and employees can trust Coop
Despite the emergency situation and official restrictions, the food supply of 1,500 settlements – mainly small settlements – is uninterrupted by the 2,300 stores of the COOP Chain of Custody....
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People are boycotting Costco for requiring shoppers to wear masks in stores
Costco is the secon biggest US grocery retailer. Starting May 4, Costco shoppers will be required to wear face coverings in stores. After the announcement of the new policy, angry...
Read moreGKI Digital: online retail business grew by 21.4 percent in the first quarter
E-merchants fulfilled about 9.9 million domestic orders in the first quarter, with a gross value of 149.6 billion HUF, which represents an increase of 15.9 percent in the number of...
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Deloitte: a government decree protects food suppliers
New government decree protects food suppliers when selling to larger traders in times of emergency due to the coronavirus, allowing traders not to unilaterally reduce the purchase price or threaten...
Read moreTesco will deliver home in ninety-six more settlements
Tesco has launched its online shopping service in three new towns and their catchment areas. Together with the 96 settlements of the now activated Miskolc, Tatabánya and Szombathely regions, the...
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SPAR modernized its supermarkets in Nagyatád and Dunaföldvár from nearly half a billion forints
The retail chain spent 243 million HUF per store on the modernization of its two rural units. During the investments, both supermarkets were upgraded in line with current consumer needs...
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At the initiative of the Chamber, it will be possible to employ foreign seasonal workers
The amendment to the government decree, initiated by the National Chamber of Agriculture, allows harvesting works. This will be of great help to the horticultural sector in particular in mitigating...
Read moreOpten: 42 percent drop in the number of company foundations in April
In April, 1,442 companies were established in Hungary, which is a 42 percent decline from the previous month and 35 percent from a year earlier – Opten told MTI. Opten...
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Print advertisements are more efficient
The total press market revenue in 2019 is HUF 106.524 billion. In line with the previous trend reversal, the print advertising segment remains a major factor. The biggest strength of...
Read moreFAO: food prices are falling constantly
Since February, the prices of the most important food products have been steadily declining due to the significant drop in demand generated by the economic and transport effects of the...
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AM: game meat to the health workers
The employees of the Balassagyarmat hospital were among the first to receive the 100 kilograms of processed, high-quality domestic game meat that game farmers voluntarily use to help doctors and...
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