Company and Personal News

Dubai Scraps 30% Tax On Alcohol Sales Amid Economic Rebound

Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said on...

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France’s InVivo To Buy One Of The World’s Oldest Malthouses

Malteries Soufflet, a branch of French agribusiness group InVivo, has signed an agreement to take over Belgian malthouse Castle Malting, one of the oldest producers of the beer ingredient in...

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Waitrose cans glass wine bottles in sustainable packaging push

Waitrose has announced it is to replace its small wine bottles with aluminium cans, in a bid to save over 320 tonnes of packaging. The supermarket chain revealed the majority ...

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BDO: this is where you can tell if the corporate governance system is out of date

Enterprise resource planning (ERP) systems can also become obsolete if they are not updated or maintained from time to time, or if they do not follow the company’s development at...

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László Parragh: The introduction of price caps must be planned slowly

The president of the Hungarian Chamber of Commerce and Industry spoke in an interview with Magyar Nemzet – which was seen by napi.hu – that the price caps will soon...

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How many times and how was each store chain mentioned on the Internet last year?

Since the outbreak of the coronavirus epidemic, our lives have changed enormously, which has not left our shopping habits untouched either. A lot has changed since 2020, and the supply...

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The price of cooking oil may decrease permanently

Finally, some good news: the permanent drop in the world market price of edible oil may soon put a stop to the rise in consumer prices. A good harvest in...

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In 2022, cooking oil and flour became online products

Last year, the popularity of products with an outstanding price-value ratio at the largest Hungarian online retailer among domestic customers who are becoming more price-sensitive due to the difficult economic...

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Now it was not food prices, but the farewell of the fuel price cap that pushed inflation

“In December, exceptionally, it was not food prices but the introduction of the petrol price cap that pushed inflation in Hungary, which unfortunately set another historical record. But at least...

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The popularity of espresso at home is undeniable

Hungarians drink an average of two cups of coffee a day and their favorite is espresso, according to recent OMV research. Most people consume black locally and experience it as...

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An environmentally conscious workplace: ALDI becomes even more sustainable with automatic water dispensers

ALDI is further reducing the carbon footprint of its operations. In the future, fresh water will be provided to employees in stores from water dispensers offering filtered tap water, thus...

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It is a good strategy to support Hungarian products

SPAR Magyarország finished second in the Retail Award of Excellence for Hungarian Products competition this year. This shows very well that promoting Hungarian products is a good strategic direction. The...

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Catering turnover increased by 2.8%

In November, the volume of catering turnover increased by 2.8% after the 2.1% drop in October, while its sales revenue increased by 33.5% as a result of significant price increases,...

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A price strategy instead of a price war

During 2022, METRO also adapted its pricing to the use of the multi-channel wholesale model, and the past months proved that this was not only competitive, but also a win-win...

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The grant for the preservation of indigenous farm animals can be applied for again

Farmers can again apply for the call entitled “In situ preservation of the genetic stock of protected native and endangered agricultural animal breeds” between January 2 and January 31, 2023....

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This is how salt is extracted in the Parajd salt mine

The salt mine is one of the most popular tourist attractions in Székelyföld. The Parajd salt mine is located near Parajd in Transylvania. The Parajd salt mine is one of...

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Schneider Electric’s smart factory in Dunavec is expected to start production in 2024

Schneider Electric’s smart factory in Dunavecs is expected to start production in 2024, the investment is worth 40 million euros, the company told MTI on Tuesday. The area of the...

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UK: Aldi crowned cheapest supermarket in 2022

Aldi has been named the cheapest supermarket for a basket of 48 groceries in 2022, costing £81.63 last month. According to data from consumer watchdog Which?, the discount grocer was...

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AKI: HUF 517 billion were paid for agricultural and rural development subsidies

HUF 516.7 billion were paid for agricultural and rural development subsidies until September 30 last year; 64.8 percent, HUF 334.9 billion, of the disbursed support came from European Union funds,...

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(HU) Madárinfluenza: 220000 szárnyas megsemmisítését rendelték el a hatóságok Csehországban

Czech authorities will destroy all 750,000 hens on a poultry farm at the centre of its worst outbreak of bird flu so far as the disease spread between halls. Bird...

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Regional food production protects the environment and increases domestic added value

Regional, local food production greatly reduces the need to transport food and thus the emission of harmful substances. In addition, local cultivation also increases the added value produced in the...

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Ferrero Group Aims For 100% Recyclable Or Reusable Packaging By 2025

Italy’s Ferrero Group has taken another step in its sustainability strategy, committing to have 100% of its packaging be reusable, recyclable or compostable by 2025. According to the group’s 13th...

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Oops, some food suddenly became cheaper!

According to Napi.hu, the annual inflation rate for food was not higher in December than in November, the increase in price compared to the same period of the previous year...

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Pilóta biscuits will remain in short supply for quite some time

The Pilóta biscuit, or as the company calls it, the Pilóta sandwich product, has been in short supply for roughly three months. Mondelez Hungary Ltd. is doing everything to get...

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The product facing the highest inflation is cheese

In Hungary, dairy products experienced the biggest increase in price, Trappist cheese went up by 18.7 percent in one month, from November to December, and sour cream with a 20...

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(HU) Nagy a baj a Pálinka Nemzeti Tanács elnöke szerint

Sorry, this entry is only available in HU....

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K&H: Large companies are not expecting a very bright year

The downward trend typical of the past year has been broken, but large companies still see 2023 pessimistically. The K&H large company growth index was corrected from -15 to -10...

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Aldi, Lidl, Tesco, Spar? Research is launched to find the cheapest place to shop

The Financial Center and the University of Debrecen are launching joint research. As part of the research, consumers are asked which food chain stores they can shop at the cheapest...

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Small butcher shops receive extraordinary support

The government is subsidizing small butcher shops with four and a half billion forints, Minister of Agriculture István Nagy announced. The minister drew attention to the fact that despite the...

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The British Tesco copied the price cap of the Hungarians

The British Tesco has announced that it will postpone the price freeze, which originally lasted until the beginning of the year, until Easter, and in fact, it has extended the...

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