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Ideas that recycle plastic as electricity and building materials received the top prize in a startup competition
Date: 2021-12-08 08:48:39
Prometheus 42, which converts plastic into electricity, and Moseanic, which makes alternative architectural material from pieces of plastic in the sea, won the top prize in the competition to close...
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Hungarians have barely recovered from the recession
Date: 2021-12-07 13:42:51
Half of Hungarians are no worse off than before the epidemic, according to the Intrum payments report (ECPR). However, household savings have deteriorated and there is concern that many people...
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Ferrero, Red Bull and the rest: family businesses are extremely successful
Date: 2021-12-07 13:20:59
While they’ve faced some major challenges during the past two years, family-owned enterprises have demonstrated their resilience while creating jobs and opportunities that give their communities hope of a better...
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Most people obtain christmas presents online by card
Date: 2021-12-07 12:07:43
The population spends more than HUF 61,000 on Christmas presents this year– this is revealed by the market research carried out by Magyar Bankholding. In 2021, almost 40 per cent...
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Intrum: the ability of the Hungarian population to pay bills has improved in the last one year
Date: 2021-12-07 11:22:40
The Hungarian population’s ability to pay bills has improved in the past year: 27.8 percent of Hungarians said they could not pay at least one bill on time in the...
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Pix VR Training Kft. has developed a virtual education system developed for agricultural vocational training institutions
Date: 2021-12-07 11:20:56
Pix VR Training Kft. has developed a virtual system for the training and use of work and power machines for agricultural training institutions – the company informed MTI. According to...
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Nagy István: new elements were added to the Collection of Hungaricums and the Hungarian Depository
Date: 2021-12-07 11:20:39
The Collection of Hungaricums and the Hungarian Treasury have been expanded with new elements, Minister of Agriculture Nagy István announced at a press conference following Tuesday’s meeting of the Hungaricum...
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Economic sentiment in Germany deteriorated in December
Date: 2021-12-07 11:07:43
The ZEW Economic Research Institute’s sentiment index in Germany deteriorated less than expected, according to a survey published on Tuesday. In the ZEW survey, the December economic sentiment index in...
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Euro area GDP grew at the same rate as in the second quarter
Date: 2021-12-07 11:03:52
According to expectations, euro area gross domestic product grew at the same rate as in the second quarter, according to a report by Eurostat, the European Union’s statistical office. Eurostat...
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Főtaxi goes on with its tree planting program in the busiest parts of the Budapest
Date: 2021-12-07 10:43:15
In cooperation with the 10 million Tree Foundations, the MainTaxi continues its tree planting program, which has been running for several years, this time focusing specifically on Budapest’s busiest areas....
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EU regulations defining the new Common Agricultural Policy have been published
Date: 2021-12-07 09:50:57
As a result of a three-and-a-half year series of negotiations, on 6 December 2021, the EU Regulation on the CAP Strategic Plan, which is a reform package, and the EU...
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Fluctuating costs in the logistics industry, time is a key issue
Date: 2021-12-07 08:54:58
Worldwide, there are constantly changing costs in the logistics industry, and warehouse costs continue to rise year on year as the industry becomes more competitive. Rising costs are forcing companies...
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Sir David Attenborough’s speech at the COP26 climate change summit in Glasgow: ‘Our motivation should not be fear, but hope.’
Date: 2021-12-06 19:44:04
Between 31 October and 12 November the United Nations held its climate change conference in Glasgow, where one of the speakers was naturalist Sir David Attenborough. In his speech he...
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Europe’s Day in Commerce: For each other and for the shoppers!
Date: 2021-12-06 19:43:29
The National Association of Entrepreneurs and Employers (VOSZ) organised a programme to celebrate Europe’s Day in Commerce for the 17th time. From the Ministry for Innovation and Technology Péter Cserenyés,...
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News in brief
Date: 2021-12-06 17:22:44
Rapid delivery service Frichti, who deliver in just 15 minutes, rolled out a 120 SKU private label range, called Frichti Everyday. Drugstore chain Superdrug gave its B Skin private label beauty products an...
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December’s PLMA Trade Show postponed
Date: 2021-12-06 17:22:35
Once again the PLMA ‘World of Private Label’ trade show has been put off – the organisers announced on 15 November. Formerly the trade fair was planned to be held...
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Hungarian purchasing power represents 51 percent of the European average
Date: 2021-12-06 17:22:32
In 2021 European consumers are to spend approximately EUR 10,200 billion on food, utilities, services, etc. The per capita purchasing power is EUR 15,055, which means that the average purchasing...
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Wheat’s per tonne price nears 100,000 forints
Date: 2021-12-06 17:22:23
According to PÁIR data from the Research Institute of Agricultural Economics (AKI), the live weight price of broiler chicken increased by 11 percent to HUF 238/kg and turkey’s price grew...
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The beginning of the future
Date: 2021-12-06 17:16:57
At the end of each year we take a moment to look back on the past months, but right after this we already look to the future, casting our eyes...
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Granarolo buys historic Italian Gorgonzola producer
Date: 2021-12-06 17:07:37
Italian agri-food group Granarolo has announced the buying of Gorgonzola cheese producer Mario Costa. Mario Costa has more than 100 years of history and focuses on quality. In 2020 the company...
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Waitrose removes garden chemicals from its product selection
Date: 2021-12-06 17:05:18
Waitrose has committed to removing all potentially harmful garden chemicals from its product selection until the end of the year, in order contribute to preserving natural biodiversity in Britain’s outdoor...
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Carrefour Polska launches products tracked by blockchain
Date: 2021-12-06 17:02:29
Carrefour Polska is launching Polish private label potatoes tracked via blockchain technology, making it possible for customers to trace the journey of the product from cultivation to packaging. With the...
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Everli plans to enter Germany and Romania
Date: 2021-12-06 17:00:09
Online grocery shopping platform Everli plans to expand into Germany and Romania in early 2022. Everli is operating in over 80 cities across Italy, Poland, the Czech Republic, and France....
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Absolut Vodka comes out with first bottle design update since 1979
Date: 2021-12-06 16:57:31
Iconic Swedish vodka brand Absolut has unveiled its first design overhaul since the brand’s creation in 1979. Absolut joined forces with Brand Union, Destrito and Ardagh Group on the upgraded...
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REWE opens a hybrid supermarket in Cologne
Date: 2021-12-06 16:53:46
REWE Group has opened a new store in Cologne that offers a hybrid service: customers can decide whether they want to pay at the checkout or via the retailer’s Pick&Go...
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Coca-Cola to acquire controlling stake in sports drink maker BodyArmor
Date: 2021-12-06 16:50:41
Coca-Cola is to buy a controlling stake in sports drink maker BodyArmor in the value of USD 5.6 billion. Coca-Cola bought a minority stake in BodyArmor back in 2018, becoming...
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Tesco opens first cashierless store
Date: 2021-12-06 16:47:42
Tesco is testing its first cashierless store in Central London, in partnership with technology company Trigo. The supermarket’s GetGo store has sensors in the shelves that work with an AI...
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SPAR N°1 Value is the name of SPAR International’s new private label range
Date: 2021-12-06 16:44:27
SPAR International has rolled out a new private label range, called SPAR N°1 Value, which will debut in European markets ahead of a global launch. The range, which offers high...
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Carlsberg and Żabka cooperate for eco-friendly packaging
Date: 2021-12-06 16:41:39
Carlsberg Polska and Żabka have teamed up to offer consumers an environmentally friendly packaging solution called Snap Pack. Six-pack units of Carlsberg beer cans will be sold in Żabka stores...
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Planet-Score follows the Nutri-Score system
Date: 2021-12-06 14:41:45
French retailer Auchan has announced that it backs the creation of the Planet-Score environmental labelling system, as it is in line with the brand’s commitment to promoting greater transparency across...
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