Company and Personal News
IKEA Hungary increased its turnover by more than 20 percent
IKEA Hungary’s revenue for the financial year lasts between 1 September 2018 to 31 August 2019 increased by 20.5 percent to 90.3 billion HUF – the regional leaders of the...
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In 2019, SPAR spent nearly 155 million HUF on social affairs
SPAR has been calling for collaboration for those who live in difficult circumstances since its enter to the domestic market 29 years ago. The company provides a helping hand in...
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Syngenta: innovations for sustainable, successful farm management
The temperature anomalies ot the past ten years, extreme precipitation conditions, new pathogens and pests, and the problems we face, all carry similar problems. We can tackle them with common...
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FuturAqua is planning acquisitions
FuturAqua has signed a letter of intent with Wellshare Ltd. to acquire ownership of seven water wells and their properties. Details of the deal were not disclosed, but similar talks...
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Amazon is the most valuable brand according to Brand Finance
Amazon is the most valuable brand in the world according to the 2020 Global 500 Ranking of the UK’s Brand Finance market research and business consulting firm. According to the...
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Sainsbury’s saves on management positions
Sainsbury’s has recently announced that it would save 500 million pounds on structural changes and eliminate hundreds of management positions. The changes are also needed to accelerate integration with Argos,...
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Modernization and expansion at McDonald’s in Hungary
With the first opening of the year, McDonald’s arrived to Gödöllő with a two-lane drive-in restaurant. Not only the location but also the appearance is new; Scheer Sándor owner of...
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More than 4 million HUF raised at OMV filling stations to operate play buses
A total of 2.04 million HUF was raised at OMV refueling stations during the last two months of the year, supplemented by the same amount, so the company will eventually...
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At Amazon, we will soon be able to use our palm as a credit card
Amazon’s technology division is currently working to allow customers to connect their bank card details to their palms to pay for in-store purchases – origo wrote after CNBC. While Amazon’s...
Read moreIKEA understands Prince Harry and Princess Meghan
Ikea posted an ad on Instagram in response to the decision of Meghan Markle and Prince Harry – origo wrote after Express.co.uk. Ikea, clearly the winner of the Millennium, posted...
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‘Only one thing is constant in life: change’
Detki Keksz, the biggest Hungarian-owned biscuit company in the country sells more than 10,000 tons of products to millions of households every year. Our magazine asked managing director Péter Koósa...
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Magazine: Which trade shows to choose in 2020?
Szilvia Máté, managing director of BD-Expo Kft. recommends the following trade shows: EuroShop – 16-20 February 2020, Düsseldorf EuroShop is the No.1 retail trade show in the world, it is...
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Hungary awaits the visitors to the Berlin International Green Week with artisanal delicacies and heritage preservation programs
The International Green Week in Berlin is not only one of the largest agricultural, food and horticultural consumer fairs in Europe, but also a major agricultural policy meeting place –...
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Tesco customers can vote for 40 million HUF support
The “You Choose We Help” program starts in the Tesco stores on 20 January. The supermarket chain has announced a tender program for local communities, which Tesco customers can now...
Read moreNagy István said in Berlin that the efficiency of agriculture worldwide need to be increased to feed a growing population
The efficiency of agricultural production needs to be further improved to secure food supplies as the world’s population grows, but resources continue to dwindle – Nagy István, Minister of Agriculture...
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KPMG: McDonalds raised Hungarian GDP by 153.4 billion HUF over 5 years
According to the KPMG’s impact study, McDonald’s total GDP impact in Hungary reached 153.4 billion HUF between 2014 and 2018. Between 2009 and 2018, the company and its franchisees paid...
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Nestlé To Invest CHF 2bn In Sustainable Packaging Solutions
Nestlé has announced that it is to invest up to CHF 2 billion (€1.86 billion) in developing sustainable packaging solutions that will help the company to switch to food-grade recycled...
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Sustainable toothpaste packaging design that thinks outside the box – literally!
An academic project gave birth to Coolpaste – the eco-friendly alter ego of our trusty old toothpaste. The aim was to develop a sustainable packaging design for toothpaste in a...
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Asda picks Middleton Leeds store to launch sustainability concept
From May, Asda’s Middleton store in Leeds will become the first Asda store where shoppers can fill up their own containers of products. Asda has unveiled plans to launch its...
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Future Store at Sirha Budapest again
The Future Store will be organized again by the Trade magazin at the Sirha Budapest 2020 Food and Horeca Trade Fair. Trade trends will be presented alongside three trading concepts...
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SPAR reduces the use of plastic with decomposes flower pots
Another green initiative of the supermarket chain is to offer its customers ornamental plants in fully biodegradable and compostable containers from January 2020. the eco-friendly flower pots significantly reduce the...
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Rohlik eyes Germany
Leading Czech online food retailer Rohlik is starting its international expansion and wants to get active in Germany. Czech online food retailer Rohlik.cz plans to enter the German market within...
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Plant-based focus: Nestlé unveils vegan sausages in Europe and US
Nestlé is launching plant-based sausages in Europe and the US, continuing to pivot its businesses to changing market conditions and dietary shifts toward vegan products. In Europe, the soy-based Garden...
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Fonterra Extends ‘MyMilk’ Initiative In New Zealand
Dairy firm Fonterra has announced the extension of its ‘MyMilk’ initiative to New Zealand’s North Island, with a view to recruiting more farmers to join its co-operative. The MyMilk platform...
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GSE Hungária: the largest logistic center in Hungary is under construction
The French Auchan chain’s logistics centre is under construction on the field of the Üllő Airport Logistics Center. The nearly 90,000 square meters complex is built by the GSE Hungária...
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SIG Combibloc Sets Target To Limit Global Warming To 1.5°C
Packaging company SIG Combibloc has announced that it has set a new climate target aimed at limiting global warming to 1.5°C. The ‘ambitious’ target places the company among an elite...
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Waitrose & Partners Launches ‘Love Your Gut’ Soups
Upmarket UK retailer Waitrose & Partners has launched a new range of private-label, gut-friendly soups under the brand Love Your Gut. The range has been developed by nutritionists, and presently...
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Instacart sees 2020 as ‘the year of grocery pickup’
Instacart is doubling down on click-and-collect online grocery service with an upgraded Instacart Pickup product and a nationwide rollout to retailers by the year’s end. Currently, Instacart Pickup is available...
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Spar Expands Presence In Spain
Spar has increased its presence in Spain with a series of new store openings and renovations undertaken by its partners, Líder Aliment, Fragadis, Grupo Upper, and Agrucan, in the last...
Read moreFor the sixth time this year, the Agriculture Personality of the Year awards will be presented
The Agriculture Personality of the Year awards will be handed over for the sixth time this year. There were more than 500 nominees in recent years – the executive director...
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