News and articles

Prolonged Sitting Tied to Brain Atrophy

Prolonged periods of sitting in middle age is tied to brain atrophy, new research shows. Using MRI, investigators found sedentary behavior is a significant predictor of medial temporal lobe (MTL)...

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The World’s 50 Best Restaurants – Video of the day

The World’s 50 Best Restaurants 2018 list, sponsored by S.Pellegrino & Acqua Panna, has just been announced....

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The Hungarian Cuisine Balaton 2018 has been released with gastro map

The Hungarian Cuisine Balaton 2018 that collects the best restaurants, wineries, confectioneries, beach bars and markets of the Balaton region was published with the gastronomic map of the Balatoni Kör....

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Two billion forints remained on the SZÉP Cards after the deadline expired

Until the end of the May deadline, beneficiaries spent nearly the 98 percent of the amount uploaded onto the Széchenyi Rest (SZÉP) Cards two years ago. On the cards issued...

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More modern baths are needed

There is no longer any need for capacity expansion in the Hungarian bathing sector, rather for energetic modernization, environmentally consciousness and the raising of service standards – the new CEO...

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Let them play too …

Event – The BizBash Expo in Los Angeles is a trade show for event organisers, catering and marketing enterprises. We have collected some of the excellent ideas showcased there, from the fortune...

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This is how we like our coffee

Espresso with a bit of milk – this is how the typical Hungarian (72 percent) drinks their coffee, according to a representative questionnaire survey conducted by Swiss company JURA. Almost four...

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The tastes of our two most ancient drinks combined

A really innovative product, called O.Vine and made by Israeli startup Wine Water, has debuted at the Fancy Food Show in New York. O.Vine mixes the natural essence of grapes with...

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World’s first plastic-free grocery aisle opens in Amsterdam

Dutch grocery chain Ekoplaza has installed an entirely plastic-free supermarket aisle in its Amsterdam store, to help shoppers cut down on plastic packaging. They realised the project in partnership with British...

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Aldi and Lidl accept the challenge

Aldi and Lidl have reacted to the merger of Sainsbury’s and Asda that caused quite an excitement in British retail. After Sainsbury’s had announced that basic goods would become 10...

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Cash-free payment in Iper hypermarkets in Italy

Italian hypermarket chain Iper launched a cash-free payment service in all 27 stores. The platform is called Jiffy, it can be used via smartphone and requires shoppers to have a...

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Blockchain-based payment system – now in an app, too

British online payment platform Nuggets can now also be used in the form of a mobile app. The ‘Alpha’ app runs only on iOS at the moment. Nuggets utilises blockchain...

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Lidl enters the Serbian market

Lidl Srbija has opened its first logistics centre – built from EUR 55 million – in Nova Pazova. The first Lidl discount supermarket will also open this year and 15...

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Pseudocone

One of the promising conclusions that can be drawn from Hungarian ice cream contests is that Hungarian confectioners are creative, but even the elite – the 10-15 percent who are...

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Kellogg’s to leave Venezuela

Kellogg’s has decided to quit the Venezuelan market due to the deepening economic recession. Kellogg’s isn’t the first multinational company to take this step, as a strict price freeze policy...

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Tesco UK to ban non-recyclable plastic packaging

Tesco UK has informed suppliers that from 2019 they will only sell products in recyclable plastic packaging. PVC, polystyrene, PLA and water soluble organic plastic packagings will all be banned....

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Spar enters the Maltese market

Spar International has teamed up with the local Azzopardi Group to open its first supermarket in Marsaxlokk. Spar Malta plans to open 3 more shops this year and altogether 23...

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Croatian grocery chain Studenac bought by Polish company

Polish Enterprise Fund VIII has acquired a 100-percent share in grocery store chain Studenac In 2017 Studenac operated 384 stores in Croatia with sales above EUR 200 million. FMCG sales...

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Walmart strengthens positions in India

For USD 16 billion Walmart is going to buy 77 percent of the shares in Indian online shop Flipkart. This is Walmart’s biggest investment abroad so far. They are competing...

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Food delivery market gets livelier in Romania

Several market players have entered the Romanian food delivery market recently. Uber Eats started in mid-May in Bucharest. A week later Spanish application Glovo followed. Back in early March Carrefour...

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Amazon makes a beauty move in Brazil

Amazon has started talks with Brazilian beauty industry giants Grupo Boticario and Natura Cosmeticos SA – the company would like to sell their products on its platform. Sales in the...

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Starbucks’ plans in China

Starbucks has revealed plans of doubling the number of coffeehouses in China and tripling revenues in the next 5 years. By 2022 Starbucks would like to operate 6,600 cafés in China....

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Shopify to open first brick-and-mortar store

Canadian online store Shopify has announced that they will open their first physical store at the end of 2018. This step primarily favours retail companies using the Shopify platform and...

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Alibaba opens first physical store

Alibaba’s first brick-and-mortar store has opened in the city of Hangzhou in China – close to the company’s seat. There are self-service checkouts in the plaza where the company’s own...

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Large number of cafeteria benefits expected from Hungarian SMEs

Seven from ten SMEs plan to give their employees some kind of cafeteria benefit and this is a very big increase from the level measured a year ago – revealed...

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Hungarian retail trade maintains momentum

Like-for-like retail sales of food and drug products were up 8.3 percent in the first quarter of 2018 in Hungary. In the same period the average FMCG sales growth was only...

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With modern warehouse technology for serving partners better

2017 was a profitable and successful year for TE-DI Trade Kft. – sales exceeded HUF 9 billion. The most important event last year was increasing the capacity of the manual and automatic...

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Coca-Cola develops in Zalaszentgrót

From a budget of HUF 1.8 billion Coca-Cola Hungary has increased its production capacity in Zalaszentrgrót. They started bottling a new premium product called ‘smart water’ for the markets of several...

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Large companies are starting to get in the investment mood

According to K&H’s corporate growth index, 54 percent of Hungarian companies – non-state-owned firms with annual sales revenue above HUF 2 billion – are planning to realise some kind of...

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