News and articles
Henkel achieved strong organic sales growth in the first quarter
In the first quarter of 2024, the Henkel Group achieved a sales revenue of around 5.3 billion euros and produced a strong organic sales growth of 3.0 percent. The growth...
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Consumer prices rose in China
In China, consumer prices increased by 0.3 percent annually, more than the 0.1 percent expected by analysts, marking the third consecutive month of increases. According to data released by the...
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Everyone wants to lose weight, this is what Europe’s most valuable brand is building on
Denmark’s economy has rarely been in a position to depend on the performance of a single company, Novo Nordisk, but the current situation reflects this. The pharmaceutical giant, whose market...
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Accessible products can be a real help for people with disabilities
According to the World Health Organisation (WHO), 30 million adults face visual challenges in Europe alone and 200 million people suffer from hearing loss. This article is available for reading...
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Why does the smell of freshly washed clothes make us feel better?
The desire for fragrances is not a new or modern phenomenon. For thousands of years, people have been changing their environment with various scents for many purposes (e.g. for health...
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Tesco focuses on promotions
Ken Murphy, CEO of Tesco, has outlined the company’s plans to use promotions to win back customers from private label products over the next 12 months, leveraging decreasing inflation. The...
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In April, annual inflation accelerated to 2.9 percent in the Czech Republic
Annual inflation in the Czech Republic accelerated to 2.9 percent in April from 2 percent in March, the Czech Statistical Office announced on Monday in Prague. The increase in inflation...
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dm organized its Charity Soccer Tournament for the 9th time
For the ninth time this year, dm’s employees and business partners kicked the ball in order to support a good cause with the all-day event. By participating in the tournament,...
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Randstad explores the relationship between AI and the world of work
In early February Randstad published the first details of its HR Trends 2024 research. The survey, which polled senior executives from more than 350 Hungarian companies in various sectors, also...
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For the second time, a well-known magazine awarded the innovation activity of the financial institution
For the second year in a row, in 2024, the K&H Group won the “Best Digital Bank in Hungary” award from the renowned British financial magazine Global Banking and Finance...
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Another wage increase at the British Lidl
The British Lidl announced that it will increase its workers’ wages by more than 3% in June, which will be the third such measure in the past year. The British...
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The Council of the EU has adopted the review of the EU’s common agricultural policy
The Council of the European Union has definitively accepted the review of the Common Agricultural Policy (CAP), which aims to reduce the administrative burden on EU farmers and ensure greater...
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Amazon To Invest €1.2bn in France, Create 3,000 Jobs
Amazon plans to invest more than €1.2 billion in its French operations and create more than 3,000 permanent jobs in the country. The French presidency had said on Sunday that...
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Adrenalin Classic Energy drink – Renewed packaging design and recipe
The advantage of the product is its renewed packaging, which isn’t only progressive and eye-catching, but has also been made using the special “matt tactile overvarnish” technology, plus the energy...
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More recipe changes needed to cut sugar, fat and salt in processed food and drink, German government says
Products such as sweetened dairy and pastries have seen little change to their fat and sugar content since 2019, researchers found. Levels of fats, sugars and salt are still too...
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Israel has agreed on an emergency wheat supply with Romania
In order to strengthen Israel’s food security, Agriculture and Rural Development Minister Avi Dichter concluded an emergency wheat supply agreement in Bucharest with his Romanian counterpart, Florin Barbu, the Agerpres...
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Estee Lauder develops generative AI with Microsoft
A leading global cosmetics conglomerate is getting into the development of advanced artificial intelligence (AI) solutions. The Estée Lauder Companies and Microsoft Corp. are creating an AI Innovation Lab as...
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The EU has extended by one year the rules on the import of Ukrainian and Moldovan products into the EU without customs duties and quantitative restrictions
The Council of the European Union has extended for another year the validity of the temporary trade regulation, according to which Ukraine and Moldova can import their products, including agricultural...
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Conad Adriatico’s expansion in Albania
Italy’s Conad Adriatico continues its expansion in Albania, opening a new supermarket in the capital city of Tirana. With this move the cooperative’s store number reaches 44 in Albania and...
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Credit Card Size Survival Kit – Video of the Day
That’s what a Swiss army knife can be like after annoying a road roller. But he survived!...
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KSH: Consumer prices increased by 3.7 percent on average in April compared to the same month of the previous year
In April of this year, consumer prices were on average 3.7 percent higher than a year earlier, the Central Statistical Office (KSH) reported on Friday. Compared to March, prices rose...
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MNB: fuel and food accelerated inflation in April
The annual consumer price index rose by 0.1 percentage point in April compared to the previous month. Fuels contributed 0.3 percentage points and foodstuffs 0.2 percentage points to the increase...
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Márton Nagy: inflation remained at a low level
Based on the latest data from the Central Statistical Office (KSH), in April 2024, in line with the trends of previous months, the rate of inflation remained at a low...
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Beáta Olga Felkai: the population has turned to cheaper food, but this will change
Beáta Olga Felkai, the Deputy Secretary of State at the Ministry of Agriculture, highlighted the substantial changes in consumer habits due to high inflation. In 2022 and 2023, many Hungarians...
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Inflation stood at 3.7% in April
Slightly below our expectations, the annual rate of inflation rose to 3.7% in April. The monthly price change was +0.7%, also slightly below our expectation of 0.8-0.9%. Core inflation moderated,...
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Ice cream trends 2024: new flavors, gluten-free and vegan, packaging adapted to consumption
With the good weather comes the peak season for ice creams. In this category as well, more and more criteria must be met when creating the offer, say Auchan experts....
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The Hungarian Food Business Program has arrived in Rome
After Warsaw and Bucharest, the city of Rome hosted the business meeting of the Agrármarketing Centrum, which was the next stop of the Hungarian Food Business Program. At the two-day...
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Today, the food industry is not “only” a strategic issue, but also a national security issue
Banks play an important role in boosting the Hungarian economy, the rate of which depends on the development of consumption and how long the war in Ukraine will last, said...
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