Events
This year, up to 12,000 stores could close in the United States
According to Business Insider1s analysis, more than 9,300 stores were closed in the United States in 2019, while 8,000 stores in 2017 – origo wrote. The Cushman & Wakefield real...
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Most old companies operate in Japan
Japan is a truly a two-faced country, because it is highly developed technologically, on the one hand, and at the same time, its citizens respect the traditions of their ancestors,...
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Continente Introduces Packaging With Recycling Instructions
Portuguese retailer Continente has added a set of recycling instructions to the packaging of selected private-label products, in association with Sociedade Ponto Verde (SPV). The move aims to help customers...
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Global advertisement expands with 3.9 percent this year
“The communications landscape is changing all the time and we help clients navigate this complexity, helping them connect their brands with audiences using creativity, insight, planning, strategy and data to...
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Kaufland Expands Vegan Offering With New Meat Alternatives
German retailer Kaufland has added three vegan meat products to its ‘K-take it veggie’ private-label brand. The new additions include vegan versions of burger patties, meatballs, and cevapcici – a...
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Jeff Bezos commits $10 billion to fight climate change
Jeff Bezos is throwing his weight — and wealth — behind the fight against climate change months after Amazon employees publicly pressured him and the company to do more to...
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The Hungarian Mineral Water, Fruit Juice and Soft Drinks Association supports the recovery and recycling of beverage packaging
The Hungarian Mineral Water, Fruit Juice and Soft Drinks Association and our affiliates support all government initiatives that allow plastic and aluminum bottles to be recycled as much as possible...
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The first half of the decade may see further growth in the corrugated board industry
According to a study, the corrugated board industry is facing huge growth, rising from 262.2 billion USD to 339.9 billion USD over five years. In addition to various global economic...
Read moreThe European Commission has improved its forecast for Hungarian GDP growth in 2020
The European Commission has revised its forecast for the Hungarian gross domestic product (GDP) growth in 2020. Brussels estimates that economic growth in Hungary is expected to be 3.2 percent...
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Leasing of labor is a stable solution according to the trade union
Temporary employment is the most widespread form of atypical employment. While in a typical employment relationship, one employer can easily dismiss the staff, with 50 to 100 partners providing solution...
Read moreMNB: rising fuel and food prices pushed up inflation in January
The rise in inflation is mainly explained by the rise in fuel and food prices – the National Bank of Hungary (MNB) said in its comment on January inflation data....
Read moreITM aims to make Hungary a strong innovator country
Decisions made in recent months will help Hungary become a strong innovator, Gulyás Tibor, deputy State Secretary of the Ministry of Innovation and Technology (ITM) emphasized at a joint press...
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We reach into our pockets when it comes to dogs raising 13 million HUF for needy dogs
The Cofidis Dog Eye program has created an extraordinary social partnership, with more than 5,000 people donating nearly 13 million HIF to support dogs in need. We are one of...
Read moreThe EU Council adopts new VAT rules for e-commerce and small businesses
The Economic and Financial Affairs Council of the European Union (ECOFIN) has adopted new rules to facilitate the detection of VAT fraud in cross-border e-commerce and simplified the VAT rules...
Read moreAnnual inflation in Romania was 3.6 percent in January
In January, Romanian inflation was 3.6 percent higher than in the first month of last year, the Romanian National Institute of Statistics announced. The increase in consumer prices was mainly...
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China Warns Of Sustained Virus Impact On Poultry, Eggs Supply
China’s supply of poultry and egg products is likely to be hit in the second and third quarters as the coronavirus outbreak has had a severe impact on the industry,...
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Barry Callebaut Launches 3D Printing Service For Chocolates
Chocolate maker Barry Callebaut has unveiled a 3D printing facility for chocolates through its global decoration brand, Mona Lisa. The Mona Lisa 3D studio is equipped with innovative precision technology...
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Danone Introduces ‘Track & Connect’ Service For Baby Formula
French food group Danone has introduced a new tracking service for its baby formula range to offer more transparency about the journey of the products from the farm to store...
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Magazine: Innovation summit on personalised nutrition
New knowledge and technologies make it possible for food companies to personalise food products – participants learned at the ‘Newtrition X’ conference, organised by the foodRegio association within the framework...
Read moreKSH: agricultural output stagnated last year
Agricultural production was down 0.3 percent from the previous year due to a 1.7 percent growth in the livestock sector and a decline in crop and horticultural products. The 3.2...
Read moreAnalysts have positively surprised with Q4 GDP
Last year’s fourth-quarter GDP figures gave a positive surprise, according to analysts reporting to MTI, but the slowdown is expected to continue this year. According to the first estimate released...
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MNB: Households’ net wealth exceeded 108 percent of the GDP at the end of 2019
Households’ net financial assets increased by 11.7 percent last year to 50,932 billion HUF at the end of the year. Households’ financial assets totaled 61,161 billion HUF, accounting for 130.8...
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More than 50,000 people visited the FeHoVa Exhibition
More than 50,000 people visited the 26th Weapon, Fishing and Hunting Exhibition (FeHoVa), held between 7 and 10 February, at Hungexpo’s Budapest Fair Center – the organizer told MTI on...
Read moreThe Minister of Agriculture calls for the development of practical solutions to climate change
Climate change is changing, along with environmental, economic and social challenges, all of which require the development of practical solutions – Nagy István, Minister of Agriculture said at the opening...
Read moreEY: the number of cyber attacks can be increased by introducing an instant payment system
After eight months of postponement, the Immediate Payment System (AFR) will be launched in Hungary in early March. With the introduction, new types of frauds can be expected. For example,...
Read moreConsumer sentiment in the United States improved in February
Instead of the deterioration expected by analysts, consumer sentiment in the United States improved in February, according to a standard monthly survey by the University of Michigan. According to preliminary...
Read moreInflation growth in the Czech Republic accelerated
Annual inflation in the Czech Republic accelerated to 3.6 percent in January from the 3.2 percent of December, the Czech Statistical Office (CSU) announced in Prague on Friday. This is...
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Discounter Kaufland Takes Over Three Tesco Stores In Poland
Discounter Kaufland has increased its presence in Poland, with the takeover of three former Tesco outlets, in Warsaw, Gdansk and Kraków. The three stores opened under the Kaufland banner on...
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Carrefour Polska Removes Disposable Plastic Plates And Cutlery From Stores
Carrefour Polska has announced that it has removed disposable plastic plates and cutlery from its stores across the country. The initiative is part of the retailer’s environmental strategy to cut...
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Aldi increases plastic bag price to encourage recycling
Aldi is putting the price of its flexi-loop “bags for life” up from 9p to 15p to encourage customers to reuse. Aldi will reduce the volume of plastic bags sold...
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