Company and Personal News
FAO: Food prices rose to a 10-year high last year
Last year, food prices rose by an average of 28.1 percent globally, and the index following their movement rose to a 10-year high, according to a report by the Food...
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Raiffeisen: Hungarian economy could expand by 4.5 percent this year
The recovery of the economy may continue, this year the growth rate may exceed 4 percent in Europe and up to 4.5 percent in Hungary, the bank’s analysts said at...
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Profession.hu: companies started a strong recruitment last year
From the point of view of the labor market, 2021 was an unprecedented year, during the twelve months a visible, intense wave of recruitment went through the country, the companies...
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In a week, the PET Cup’s bottle with a transmitter traveled 300 kilometers on the Tisza
A bottle of the PET Cup with a transmitter has traveled almost 300 kilometers in a week, providing useful data for researching the path of waste floating on the river...
Read moreEuronics sales increased by 11 percent last year
Euronics’ retail sales increased by more than 11 percent to 71 billion HUF last year, the largest annual turnover in the history of the technical department store chain, the company...
Read moreIKEA’s sales in Hungary increased by almost 12 percent in the last financial year
IKEA’s retail sales in Hungary increased by almost 12 percent to 109 billion HUF in the company’s financial year from September 1, 2020 to August 31, 2021 compared to the...
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Record inflation emerged in the euro area in December
According to preliminary data, a record high annual consumer price index occured in the euro area in December, according to a quarterly report from Eurostat, the European Union’s statistical office....
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K&H: Companies have also been hit by inflation
Although large companies have typically already incorporated the impact of monetary deterioration into their prices, more than half of firms have difficulty with high inflation. According to the K&H Enterprise...
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Lidl Hungary wins Top Employer 2022 award
Lidl Hungary was among the top employer certified companies for the first time. With the award, the independent “Top Employers Institute” recognizes employers around the world who provide outstanding employee...
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Gels are the most popular, followed by laundry detergent capsules and powders
Csilla Pásztor, Henkel Magyarország Kft.’s brand manager relied on Nielsen data when she informed us that laundry detergent sales dropped 0.4 percent in January-September 2021 – value sales were up...
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There is a huge potential for development in domestic factoring
In the last 1.5-2 years, payment deadlines have been noticeably extended. For a wide range of small and medium-sized enterprises, this can seriously hinder the maintenance of liquidity. Among other...
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Magazine: Farm to Fork: The promise of healthier food
The European Parliament (EP) welcomed the Farm to Fork strategy and stressed the importance of producing sustainable and healthy food, so that the Green Deal objectives in the fields of...
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Minister of Agriculture: the performance of agriculture has increased significantly in recent years
The regional productivity of Hungarian agriculture increased by 161 percent between 2010 and 2021, Minister of Agriculture Nagy István wrote on his community page. The head of the ministry drew...
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Auchan will spend 3.2 billion HUF on salary increases this year
Auchan Retail Magyarország and the Kereskedelmi Alkalmazottak Szakszervezete (Trade Union of Commercial Employees) (KASZ) have agreed on this year’s wage increase, and the store chain will spend 3.2 billion HUF...
Read moreBritish inflation is on record
Annual inflation in Britain, Europe’s largest non-EU economy, accelerated to a record-breaking highin December. Twelve-month consumer inflation (CPI) excluding housing costs was 5.4 percent last month, up 5.1 percent in...
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German and euro area economic expectations improved significantly in January
Investor sentiment in Germany and the eurozone improved significantly earlier this year, according to a survey by the ZEW Economic Research Institute in Mannheim. In January, the economic expectations index...
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(HU) Első alkalommal ítélik oda a Jövő vezetője díjat – várják a nevezéseket!
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(HU) Minden kezdet nehéz: a TOP 5 leggyakoribb akadály, amivel a kezdő vállalkozások szembesülnek
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Excellent genetics and cutting-edge plant protection syngenta’s response to challenges
Syngenta unearthed new milestone hybrids and plant protection solutions at this year’s season-opening event. In addition to sureli, the leading sunflower company, Suvango completes its portfolio, listego pro in sunflower...
Read moreConsumer habits can be permanently transformed
The majority of people are already accustomed to the new way of life created by the pandemic and expect these changes to stay with us, according to the latest EY...
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Magazine: Online retail: The big picture
In early November Chain Bridge Club members gathered and listened to Norbert Madar, the head of GKI Digital talking about how COVID changed the relationship between online and offline retail...
Read moreÁSZ: customer awareness needs to be strengthened due to the spread of e-commerce
The share of e-commerce in Hungary has grown dynamically in the last decade. There have been a number of technological developments affecting e-commerce and the cash flow that supports it,...
Read moreAldi has opened a cashless store in London
In order to enhance the shopping experience, Aldi opened its first cashless store in London for public testing on Tuesday. Its uniqueness lies in the fact that the store is...
Read moreUnemployment in the OECD fell to 5.5 percent
Unemployment in the Organization for Economic Co-operation and Development (OECD) fell to an average of 5.5 percent in November last year from 5.7 percent in October, the rate has fallen...
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In Croatia, prices will be displayed in euros from September
In Croatia, the price of the products will have to be displayed in euros from the beginning of September, Croatian Prime Minister Andrej Plenkovic said. Croatia plans to adopt the...
Read moreChina’s GDP grew above expectations in the fourth quarter
Gross domestic product in China grew better than expected in the fourth quarter, compared to a year before, but at the same time the growth rate was the lowest for...
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XIXO starts 2022 with something new we haven’t had before
Since its founding in 2013, the XIXO brand has prided itself on enchanting its ever-changing and novelty-thirsty customers with special flavors and exciting products. Therefore, it is not surprising that...
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The Semmelweis University Foundation can buy electric beds from about 38 million HUF
Lidl has raised almost HUF 38 million Hungary together with customers for the benefit of the Semmelweis University Foundation. During the campaign from 25 October 2021 to 3 January 2022,...
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LG’s latest innovations received numerous accolades at this year’s CES exhibition
LG Electronics USA has swept in a number of awards in the categories of home appliances, home entertainment and business solutions at this year’s CES exhibition. In total, the company’s...
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