Company and Personal News
FM: results in the fish sector can be achieved through co-operation
Udvari Zsolt, head of the Department of Fishing and Fisheries Management at the Ministry of Agriculture (FM) said that the results in the fish sector can be achieved through the...
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The Tetra Pak and the Milk Product Council renewed its agreement
The Tetra Pak Hungária Zrt. and the Milk Interprofessional Organization and Product Council have renewed their cooperation agreement again. The contract was signed by Kinga Sieradzon, Managing Director of Tetra...
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Sopron may be the regional stronghold of the domestic beer production
HEINEKEN Hungária spends nearly 2 billion HUF on capacity development in Sopron. With the biggest investment in the company’s history, the Soproni Brewery will increase its production volume by 30...
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The new Coca-Cola zero Lemon is available from March
After the introduction in Italy, a new Coca-Cola variant appears in the Hungarian shops and entertainment venues from March: The Coca-Cola zero Lemon is a completely sugar-free, calorie-free with refreshing...
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Easter can bring a lot of turnover to the toy stores
Easter can bring nearly one-fifth of the annual sales revenue on the gaming market, which is the second busiest period after Christmas – Világgazdaság Online wrote. The value of the...
Read moreConsumer sentiment improved in the United States
Consumer confidence improved in the United States in February. The US households are more hopeful to the current and prospective situation of the economy – according to the regular monthly...
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EU agricultural subsidies will be linked to performance targets
The EU’s Common Agricultural Policy (CAP) fundings should be linked to progressive and essential performance targets, according to the European Court of Auditors – agrarszektor.hu wrote. According to the Luxembourg-based...
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Animal breeders can prepare for huge changes after 2020
The Council of Agrarian Ministers met in Brussels on Monday and adopted a resolution on the post-2020 Common Agricultural Policy – agrarszektor.hu wrote. The farmers can prepare for huge changes...
Read moreThe Jedlik Prize is a recognition of the entire wheat breeding community.
The Jedlik Prize is the recognition of the work of the whole wheat breeding community. The result is not a single man’s work; the new plant varieties are created by...
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The number of employed people in the EU and in the euro area broke records again
In October-December last year, the number of people employed in the European Union and in the euro area rose to a new record for the fourth consecutive quarter, indicating that...
Read moreConsumer confidence has decresed in Germany
Germany’s consumer confidence deteriorated more than expected by the experts – according to GfK’s survey released on Wednesday. The consumer sentiment mood of the Nuremberg Market Research Institute in March...
Read moreIncrease on the alcohol-free beer market
According to the preliminary data of the Association of Hungarian Brewers, the consumption of non-alcoholic beers in Hungary has risen in the past year. The 25 percent growth far exceeds...
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Magazine: Rising dairy product prices
According to the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR), a forecast by German food economics research centre IFE predicts that the European Union’s milk...
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Alza strengthens its offline presence with the store of the future
Alza has opened its first self-service shop in Prague – reported daily newspaper Magyar Nemzet. The Czech company invested EUR 200,000 in opening an unmanned store that is open 24 hours...
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Pork consumption increased as a result of VAT cuts
Pig meat consumption increased by about 2.2 kg per capita in Hungary per person according to the data of the Central Statistical Office (KSH). The increase in consumption is mainly...
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Gallicoop expects a difficult year
The Gallicoop Zrt. poultry processing company expects 400-600 million profits this year, which is slightly less than last year, because the Far East markets have not yet recovered after the...
Read moreNébih African swine fever in the eastern neighborhood of Hungary
The Romanian Animal Health Service detected African swine fever (ASF) about 4 kilometers away from the Hungarian-Romanian border. Due to the outbreak, some Hungarian border towns had to introduce animal...
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EU school meal program: 30 million children received healthy food last year
About 30 million children received fruit, vegetables and milk in the 2016-2017 shool year through an EU school meal program across Europe – the European Commission reported on Thursday. According...
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Harmony with plant basics
Why is it worth increasing the proportion of intake of plant-based food? According to a recent study, the well-compiled plant diet can be used to prevent the health problems of...
Read moreGrowth in retail sales accelerated in the Czech Republic
In January, the annual growth in retail sales in the Czech Republic accelerated to 8.2 percent from the 4.6 percent of December, the Czech Statistcal Office (CSÚ) announced on Thursday...
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Making Every Drop Count: UN Water Presidency called everyone to fight against the global water crisis
The United Nations Water Presidency urges immediate steps to avoid the global water crisis. Making Every Drop Count: An Agenda for Water Action, released by a panel of 11 Heads...
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Lidl withdraws nylon shopping bags from circulation
Lidl withdraws nylon shopping bags from its British stores – Origo reports the store chain announcement. The aim of the German company is to reduce the environmental burden caused by...
Read moreA Japanese tobacco company buys a Russian branch company for 1.56 billion USD
The Japan Tobacco Inc. (JTI), the world’s third largest tobacco company, buys the Russian Donskoy Tabak company for 1.56 billion USD to strengthen its leading role on the Russian tobacco...
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Red Bull launched a limted series edition Neymar Jr.’s face
Red Bull Energy Drink unveils a limited edition can featuring global soccer icon Neymar da Silva Santos Junior – commonly known as Neymar Jr. The release of the special Red...
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Magazine: Strong hair and an even stronger category
The Hungarian hair care market had been growing dynamically for years and the trend continued in 2017 – our magazine learned from Abigél Győri, Henkel Magyarország Kft.’s junior brand manager. All...
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Spar Northern Ireland transports refrigerated products more efficiently
Spar UK’s Northern Ireland franchise owner, Henderson Group, has upgraded its refrigerated delivery fleet with sustainable units developed by the refrigeration company Thermo King. The new, more efficient Thermo King SLXi 300...
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Henkel’s record breaking 2017 fiscal year
Henkel realised record breaking EUR 20.029-billion sales revenue in the 2017 fiscal year. The company’s organic sales growth was a strong 3.1 percent in this period. Henkel’s adjusted operating profit...
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FrieslandCampina acquires its Chinese affiliate
Dutch dairy company FrieslandCampina has announced acquiring a 100-percent share in its Chinese affiliate Friesland Huishan Dairy (FHD). FHD was established in April 2015 and manufactures and sells infant formula...
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Metro AG reports growth for the first quarter
German company Metro AG has announced that sales were up 0.2 percent in the 1st quarter at EUR 10.1 billion; like-for-like sales increased by 0.8 percent. Earnings before interest, taxes,...
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