Company and Personal News
Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax
Despite lockdown surge the firm’s Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax. Fresh questions have been raised over Amazon’s tax planning after its latest corporate...
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SPAR’s grillproducts are increasingly popular
SPAR is looking forward to the barbecue season with an expanded range of goods. In addition to Spar’s own meat and beef products, as well as traditional iron discs and...
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Successful campaigns during the pandemic: Magyar Termék has taken gold and silver from the 2020 promotion competition
Two 2020 campaigns of Magyar Termék Nonprofit Ltd. have won prizes in the “Most Successful Promotion of the Year 2020” competition. Together with Tricky Communication, they applied for the “Hungarian...
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New design for XIXO ice teas
The brand XIXO* is the leading brand in the January-March 2021 piece sales, with a renewed packaging for quality ice teas. Members of the XIXO Ice Tea range are placed...
Read moreVarga Mihály: the Weekly Economic Index indicates the resumption of the Hungarian economy
The resumption of the Hungarian economy is indicated by the Weekly Economic Index developed in the Ministry of Finance, wrote Minister of Finance Varga Mihály on his community page. He...
Read morePlum pálinka in Nagykunság has received EU protection
With the decision of the European Commission on Monday, ” Nagykunsági Plum pálinka” became a protected name in the European Union, the Ministry of Agriculture (AM) told MTI. “Nagykunsági Plum...
Read moreLondon investor survey: the sentiment of the global business sector further improved
The sentiment in the global corporate sector has continued to improve over the past month, but business concerns about the coronavirus pandemic remain significant and many market participants say the...
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BMI: A slight expansion in April
The Purchasing Managers’ Index (BMI) seasonally adjusted April value is 50.8. • Compared to previous Aprils, this year’s figure is below the long-term April average (51.8) but above the average...
Read moreThere was a significant increase in retail sales in Germany in March
In March, retail sales in Germany were much better than expected, both in monthly and in annual terms. The German Federal Statistical Office (Destatis) said on Monday that, on a...
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Winners’ Games 2021
The winners of the Shop! Gllobal Awards were announced. Only national and regional gold medalists can enter this competition, so it is considered the „Oscar” for the POP industry. The...
Read moreHome coffee consumption moderated the decline in illycaffe sales last year
Despite a significant increase in home coffee consumption and growth in retail sales, the sales revenue of the Italian coffee trading company illycaffe declined last year due to a decline...
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Prices are skyrocketing – but how long should this last?
Analysts and experts have been speculating for several months about whether a new commodity supercycle could be launched, which could lead to persistently higher commodity prices or only a temporary...
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The picture of how the Hungarian economy has been through the third wave of the epidemic is slowly coming together
Although the first quarter GDP figures will have to wait a few more weeks, in addition to investments, all relevant parts will be released in the next few days, giving...
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(HU) 110 százalékot hoztak a Magyar Vöröskereszt sajátmárkás termékei
Sorry, this entry is only available in HU....
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Another price increase is expected in the vegetable market
The inclement weather in early spring means fewer vegetables will be in stores this year, which also means a price increase. This fund does not avoid more expensive organic or...
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AM: Food companies can apply in several stages
A 50 billion HUF tender will be launched in June for micro and small enterprises in the food industry, which can be used primarily for the acquisition of assets, after...
Read moreThe Hungarian Dairy Experimental Institute is building a research and development and innovation center
The Hungarian Dairy Experimental Institute Ltd. is building a research and development and innovation center, experimental plant and laboratory in Mosonmagyaróvár from more than three billion forints. Minister of Agriculture...
Read moreAM: joint action is needed in the fight against frost
Joint action is needed to combat frost, to increase production safety by breeding Hungarian fruit varieties, choosing the right place of production and using state-of-the-art technological solutions, the Minister of...
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Bee Day – the future of our food supply depends on them
Without bees, there is no life, 76% of global food production depends on pollination of domestic and wild bee species, one in three bites of food is due to them....
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Tesco is supporting local hospitals
It is often said that helpers also need help, which applies to health workers who save lives during the epidemic. Hospital, clinic or even paramedics who work in dense shifts...
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Blokkk.com: that’s the way online tills work
There is not much data on forints going through online tills. However, the MNB’s data can be defraied. This, of course, is money spent not only on the shopkeeper, but...
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FrieslandCampina Hungária’s €14.3 million investment in Mátészalka brings growth and export opportunities
FrieslandCampina Hungária is making an innovative capacity-building investment of EUR 14.3 million with the support of the Hungarian Government, which will significantly increase the production capacity of the dairy plant...
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New product category available by Euronics nationwide
In April last year, the Garden and DIY product category appeared for the first time in euronics’ webshop. Seeing the outstanding success of online sales, the company decided to make...
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Corporate digitalisation: an addiction that strengthens the organisation
Oxford Economics and SAP surveyed 2,000 executives from small and midsize organisations about their priorities, challenges, and digital maturity. Small and midsize organisations have certain advantages over their larger rivals....
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Tesco’s program to support communities goes on
More than 1,000 environmental building, education and skills development and healthy lifestyle initiatives, 280 million HUF support – Tesco Ön választ, mi segítünk helps you with the results of your...
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‘MOST SUCCESSFUL PROMOTION OF THE YEAR 2020’ AWARDS presented
This year Trade magazin organised the ‘Most successful promotion of the year’ competition’s award ceremony and conference day for the 13th time. Entries arrived in 6 categories from FMCG companies...
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Zewa Tringle – Hungarian winner at the Global Awards
Winners, gold medalists of the local competitions of POPAI and Shop! chapters compete for the Shop! Global Awards, considered the “Oscars” of the POP profession, which is why it is...
Read moreFrieslandCampina is further expanding its factory in Mátészalka
The Dutch-owned FrieslandCampina Hungária Zrt. will further expand its dairy factory in Mátészalka. The government will provide HUF 900 million in support for the 5.1 billion HUF investment, Szijjártó Péter,...
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KSH: earnings increased by 9.8 percent in February
In February, both gross and net average earnings excluding benefits increased by 9.8 percent year-on-year. Net earnings, taking into account discounts, increased by 9.5 percent, the Central Statistical Office (KSH)...
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Renovation of the market hall and market begins in Salgótarján
Renovation of the market hall and market in Salgótarján will begin, and about 900 million forints will be spent on the developments that will last until December, the local government...
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