Events
EY: For CEOs, are the days of sidelining global challenges numbered?
The 2019 EY CEO Imperative Study reveals that investors and boards expect CEOs to respond to humanity’s greatest challenges – it’s the new growth imperative. But how? To date, most...
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Lidl Denmark Introduces Reusable Bags For Fruit And Vegetables
Lidl has announced that it has introduced reusable net bags for fruit and vegetables in all its 119 outlets across Denmark. The initiative is expected to reduce the consumption of...
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Waitrose Expands Eco-Friendly Laundry Products Range
Waitrose & Partners has announced that it has added two new products to its eco-friendly laundry solutions range, following an increase in demand for sustainable products. The sale of environmentally-friendly...
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Sustainable Initiative
Coca-Cola Oceania and Coca-Cola Amatil have announced a significant step forward towards sustainability—by the end of this year, all of their plastic bottles smaller than one litre, and all water...
Read morePork may become more expensive over time
African swine fever could lead to a steady rise in pork prices in the next 4-5 years – penzcentrum.hu quotes Fórián Zoltán, a leading agricultural expert of the Erste Agricultural...
Read moreThe global beer market has expanded, and Hungary is a significant exporter of beer as well
Globally, more than 1.9 billion hectoliters of beer were sold last year. The world’s largest brewing nation is China, followed by the USA and Brazil in third. Instead of quantity,...
Read moreGKI: less confident mood in agriculture
Although their optimism has weakened, Hungarian agribusinesses are still confident about the future, and in the short term they are mostly concerned about the situation on the world market, and...
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Thousands of shops in Budapest are waiting for tenants
About two to three thousand retail properties are vacant in Budapest, depriving the owners of municipalities, condominiums and private owners of revenue – origo wrote after Világgazdaság. According to the...
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The waste derby starts on the Upper Tisza for the seventh time
In the first week of August, the Pirate Teams of the PET Cup starts to collect waste onto their ships again for days from the River Tisza between Tivadar and...
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The rate of increase in consumer prices in the euro area slowed down in July
Consumer price growth in the euro area slowed to a seventeen-month low in July. According to the preliminary data released by the European Union Bureau of Statistics (Eurostat) on Wednesday,...
Read moreThe US-China trade war can hold back world trade
DHL’s Global Trade Barometer expects global trade to decline in the coming period – piacesprofit.hu wrote. Traffic is also declining in the air and maritime trade. Due to the growing...
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Sirha Budapest: Almost half of the exhibition space is already booked
The next Sirha Budapest trade show will take place on 4-6 February 2020. It perfectly shows the significance of the Budapest event that already about100 companies have booked 5,000m² of exhibition...
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Henkel Acquires Majority Stake In Hair Colour Business, eSalon.com
German consumer goods company Henkel has signed an agreement to acquire a 51% stake in the Los Angeles-based hair colouring business, eSalon.com. The acquisition will strengthen the Schwarzkopf maker’s hair...
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Morrisons to boost customer loyalty with new partnership
Morrisons has teamed up with market research company IRI to help improve customer loyalty. The analytics firm will help the Big 4 grocer to better understand customers, predict analytics and...
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Magazine: The land of milk and…milk drinks!
The milk drink market is booming: sales have been growing by two-digit numbers for years, driven by iced coffees – but sales of flavoured milk drinks also increased. Mária Tell-Prantner,...
Read moreBeer Association: 2.4 percent less beer was sold in the first half of the year
Beer consumption decreased in Hungary in the first half of the year, according to the president of the Hungarian Brewers’ Association, mainly due to the cooler weather. In the first...
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KSH: double-digit earnings growth again in May
In May, gross and net average earnings were 11.2 percent higher than a year before. After the 9.0 percent growth in April a double-digit growth occured in May. Excluding the...
Read moreEY: Hungarians are open to digital technology
Hungarians using the Internet are the most open to applying digital solutions in the Central and Eastern European region – according to a study by EY, an international audit and...
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The deadline for paying the first installment of the Food Chain Supervision Fee expires on Wednesday
According to the notice of Nébih sent to MTI, in order to ensure smooth administration, it is important to include the taxpayer / identification number of the payer on the...
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KSH: unemployment fell to 3.3 percent in the second quarter
In April-June, the average number of unemployed was 155,000, and the unemployment rate was 3.3 percent, a new record after the 3.4 percent of a month before. The indicators of...
Read moreMore than 70 thousand packs of cigarettes were seized by NAV in Komárom-Esztergom County
More than 70,000 packs of cigarettes were seized by the investigators of the National Tax and Customs Administration (NAV) in Komárom-Esztergom County in two rented vans. The value of the...
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The economic climate in the euro area is at its lowest for three and a half years
Economic sentiment in the euro area fell to a three-and-a-half-year low in July, and the business climate indicator reached a six-year low, according to a report released on Tuesday by...
Read moreEighty wineries, 45 concerts at this year’s Debrecen Wine and Jazz Days
Eighty domestic wineries, 45 concerts, a jazz cinema and a craft fair are waiting for the visitors of the Debrecen Wine and Jazz Days on the shores of Lake Békás...
Read moreConsumer sentiment in Germany is at a two and a half year low,
GfK’s German consumer sentiment index for August decreased to a two-and-a-half-year low. According to a report released by GfK on Tuesday, the consumer sentiment index fell to 9.7 points in...
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Natural disasters caused less than average annual damage in the first half of the year
Natural disasters have caused less than average annual damage in the first half of the year – according to a survey released on Tuesday. The world’s largest reinsurer, the German...
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Motor fuels of the future and freight forwarding were in the centre of attention
On 30-31 May the drvingcamp centre was the venue of this year’s Innovation Days, where all the important players from the sector were present, courtesy of Shell Hungary Zrt., to...
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Danone Seeks Carbon Neutrality by 2021 With €25M Boiler Investment
Danone has announced an NZ$40 million (€25 million) investment in its Nutricia spray drying plant with the aim of achieving carbon neutrality by 2021. The company said that the achievement...
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PepsiCo buys into China’s Natural Food
PepsiCo has taken a stake in one of China’s biggest natural food companies, Natural Food International. The snacking company is buying 26 per cent of the business for US$131 million...
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Tesco To Launch Super-Hot ‘Armageddon’ Chilli Pepper
Tesco has announced plans to introduce the hottest British-bred chilli pepper – Armageddon – in its UK stores. The retail giant claims Armageddon stands head to head with America’s Carolina...
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Magazine: Ecommerce Summit 2019: Online shopping is the future
Ecommerce Hungary has organised its annual two-day conference, which is now called Hungarian Ecommerce Summit, in Visegrád for the 16th time. Another new idea from the organisers was inviting experts...
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