Company and Personal News

Annual inflation in Romania fell to 5.9 percent in April

Annual inflation in Romania fell to 5.9 percent in April, the National Institute of Statistics (INS) announced on Tuesday. In March, the annual inflation rate was 6.6 percent. In April,...

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A Polish logistics service provider is the newest tenant of the award-winning Maglód hall

Rohlig SUUS Logistics, the largest Polish logistics service provider, will open its first Hungarian warehouse of nearly 7,000 square meters in the middle of summer in the significant logistics park...

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Hungary is an increasingly important player in the meat industry

In recent years, Central European agriculture has emerged as a pivotal player in the continent’s agrarian landscape, particularly in the fields of animal husbandry and feed production. The region is...

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The incredible global success of a Hungarian cheese brand

In Dubai, Beirut, Qatar and many other remote regions, we can find shelves full of quality Hungarian cheeses around the world. This is not a coincidence, as Kőröstej, which also...

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A handheld scanner that can also be started from a mobile app speeds up shopping in Tesco stores

The increase in the number of self-service cash registers or experimental automated stores all serve the purpose of making shopping as quick and convenient as possible by minimizing the time...

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The Food Bank collected 139 tons of durable food for the needy over the weekend

139 tons of food donations were collected for the needy during the weekend charity campaign of the Magyar Élélmiszerbank Egyesület, which took place in 213 Tesco, ALDI and Auchan stores...

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Lidl’s competition for students has ended successfully

The Lidl Magyarország SzelektáLOOK educational competition, which was announced by the company for elementary school students in April this year with the professional cooperation of the PET KUPA Association, has...

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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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Industry trends are driving the corrugated board segment

IMARC Group, one of the world’s leading strategic consulting and market research firms reports: the size of the global corrugated box market reached USD 203.7bn in 2023. This article is...

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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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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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