Company and Personal News

Then the doctor came…

The Food and Agriculture Organisation of the United Nations (FAO) defines functional foods as those that provide specific health benefits beyond basic nutrition, including the prevention and treatment of illnesses...

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NEO Property Services, a key player in the Hungarian real estate service market, has taken new steps towards sustainable operation

In its latest ESG report, NEO Property Services Zrt. once again reported on its achievements in the areas of environmental protection, social protection and corporate governance. In the report for...

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Innovation from Lidl: Mystery Box campaign in the UK

Lidl’s latest marketing campaign launched in the UK has generated huge interest among customers. The mysterious boxes, known as “Mystery Boxes”, were offered on store shelves for only 20 pounds...

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A piece of Bonn in Budafok as part of the Budafok Champagne and Wine Festival

As part of the series of events of the 34th Budafok Champagne and Wine Festival, Bonn Park was inaugurated in Budafok. Ferenc Karsay, mayor of Budafok-Tétény, Jochen Reeh-Schall, mayor of...

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Philip Morris to build nicotine pouch factory in the United States

In the next two years Philip Morris International plans to invest USD 600m in a plant in the United States to produce Swedish Match ZYN nicotine pouch. This article is...

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AI could cause $1.6 trillion impact by 2030 — these retailers lead

Retailers stand to benefit from artificial intelligence, some more than others. The top 207 North American public retailers and restaurants could see nearly $1.6 trillion financial impact through the end...

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With intensive cultivation technology, the market for domestic walnuts can rise again

There is a demand for domestic walnuts, but for successful cultivation, a change of attitude is needed on domestic plantations – it was said at the walnut trade day organized...

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Unilever turns to generative AI to cut costs and boost growth

Unilever has teamed up with digital solutions company Accenture to introduce generative AI, in a bid to reduce costs and drive efficiency. The food and drink manufacturer has expanded its...

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Kaufland favours Bioland meat

Kaufland is expanding its organic range to include meat products produced in accordance with Bioland guidelines. 17 items, including minced meat and schnitzel, are now Bioland-certified. The food retailer Kaufland...

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The corn and sunflower yield forecast has been changed

By the beginning of September, agricultural chamber yield estimation data based on both satellite and producer data are available for domestic corn and sunflower. For the former, the third lowest...

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The FAO food price index decreased slightly in August

According to the Friday report of the UN Food and Agriculture Organization (FAO), the world market index of food commodities decreased slightly in August, as the drop in quotations of...

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Mihály Varga: the prospects for the Hungarian economy are good

The prospects for the Hungarian economy are good, the current moderate economic growth is accelerating – said Minister of Finance Mihály Varga at the closing plenary session of the 62nd...

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KSH: industrial production fell by 1.3 percent in July

In July 2024, the volume of industrial production was 1.3 percent lower than a year earlier, adjusted for the working day effect, the Central Statistical Office (KSH) reported on Friday...

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Extra costs of the start of the school year: most parents spend more than just on school supplies

The costs of starting school in September go far beyond stationery and classical equipment. According to a recent survey by Pepita.hu, sports and the purchase of a new desk or...

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Hungary’s milk consumption is above the world average

More than 6 billion people worldwide consume milk and milk products, and the global average is 87 kg per person per year, according to FAO 2021 data. During the last...

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Apple harvest and prices: further shortages and price increases are expected during the season

According to FruitVeb’s forecast, the 2024 apple harvest may decrease significantly in Hungary, which predicts a 10-15 percent increase in the price of edible apples on store shelves. This season,...

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Tesco is updating its vehicle fleet

Tesco is once again modernizing its vehicle fleet. The goods ordered during online purchases are delivered to the customers with refrigerated vans of the already proven IVECO and Mercedes-Benz (according...

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Health, nature, wallet

Organic food is defined as products that don’t contain artificial additives or preservatives, and are grown and produced without the use of synthetic chemicals, pesticides or genetically modified plants or...

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We value and strongly support the work of beekeepers

The activity of beekeepers makes our environment livable and sustainable. Honey can be imported, but pollination cannot, but without it, there is no future and no food security either –...

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Apple Tap to Pay has arrived in Europe: it can revolutionize commercial payments

Apple’s new payment service, Tap to Pay, arrived in Europe this year and simplifies payment processes by turning iPhones into POS terminals. The technology allows users to make contactless payments...

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Miklós Panyi: the Hungarian wine industry can make Hungarian champagne a success

The Hungarian wine industry is capable of making Hungarian sparkling wine a success – emphasized the Parliamentary and Strategic State Secretary of the Prime Minister’s Office on Friday at the...

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Strategic partnership for environmentally conscious aviation

OTP Travel and Lufthansa Airlines have signed an agreement on the purchase of sustainable fuel. The domestic market-leading travel service provider joined the sustainability program launched by Europe’s second largest...

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A Transylvanian meat plant would increase its turnover on the Hungarian market

The Bertis group from Sepsiszentgyörgy would increase its turnover on the Hungarian market with an e-free product line consisting of a new type of meat products, the company told MTI....

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7-Eleven rejected a $38 billion takeover offer

7-Eleven’s owner, Japan’s Seven & i Holdings, rejected the Canadian retail giant Alimentation Couche-Tard’s (ACT) bid for 38 billion dollars (approx. HUF 13.5 trillion). The Japanese company said the offer...

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ChocoMe’s newest premium chocolate workshop, ATELIER, has been introduced

chocoMe’s new, innovative workshop, ATELIER, produces world-class “bean to bar” chocolates Budapest’s 13th district. Gábor Mészáros, the company’s founder and chocolatier, personally selects the best cocoa beans from exotic locations...

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Drought-stricken crop prospects: tragic domestic corn and sunflower harvest in 2024

By the beginning of September, final estimates of this year’s Hungarian corn and sunflower harvest will be available, which were prepared by the National Chamber of Agrarian Economy (NAK) based...

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The Online Platform Dispute Settlement Council begins its operation

The range of legal remedies against certain measures of online platforms that negatively affect users has been expanded following the transposition of the European Union’s digital services regulation. The president...

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Revolut is introducing a serious change

Revolut introduces new cryptocurrency payment cards that allow users to make daily purchases with cryptocurrency. The new virtual cards can be integrated with the Apple Pay and Google Pay systems,...

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A strong European agriculture is in the interest of all of us

Strong European agriculture is a strategic issue not only for farmers, but for all EU citizens, which the European Commission must help with by all means. This is what the...

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Sustainability and innovation in packaging

This article is available for reading in Trade magazin 2024/8-9 Since the launch of the waste concession, MOHU has taken a number of measures to increase the proportion of separately...

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