Events
In Germany, business sentiment improved in December
Business sentiment in Germany improved more than expected in December, according to a study by the Ifo Institute for Economic Research at the University of Munich. The improvement is another...
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Prices in the euro area have risen
Consumer prices in the euro area increased year-on-year in November, in line with analysts’ expectations. Final figures released by the European Union Bureau of Statistics (Eurostat) on Wednesday show that...
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Spar Aims To Raise €400,000 For Make-A-Wish
Spar has announced Make-A-Wish as its new national charity partner for the next two years, vowing to raise up to €400,000 for the Children’s Charity through collection boxes in more...
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Finnish Plastic-Free Drinking Straw Attracts Funding To Scale Up
Finland’s Stora Enso said its biodegradable drinking straws aimed at tackling the world’s plastic waste were now on sale to European customers, while its developer, Sulapac, had raised funds to...
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Nestlé Portugal Invests €11m In Organic Snacks Production Line For Babies
Nestlé has announced that it has invested around €11 million in a new production line for organic snacks for babies in its facility in Avanca in Portugal. The new line...
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Hungaricool: With product innovation for the development of the food industry
There was extraordinarily great interest in SPAR’s product innovation competition Hungaricool, which was implemented with support from the Agricultural Marketing Centre (AMC). From the 269 entries the 10 winner products...
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The Trade Parliament was in session (Part 2)
On Thursday the day’s topic was hypermarkets, discounters, drugstores and e-commerce. The moderators of the day’s work were Zoltán Fekete, secretary general of Branded Goods Association Hungary and HD Group’s...
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We eat apples in winter
Hungary does not need to import apples at all, due to the high quality and high yields of apples – magyarhirlap.hu wrote. In the winter season, apples are favored by...
Read moreSzázadvég: economic growth can be 5 percent this year
The Századvég Economic Researcher expects the Hungarian economy to grow close to or even 5 percent in 2019, one of the highest growth rates among EU countries. Slower growth of...
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Nébih: baking margarines met food safety considerations
Baking margarines are good from a food safety standpoint, but labeling deficiencies have been reported by the National Food Chain Safety Authority (Nébih) in this year’s closing test of the...
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The gap between the richest and poorest EU member state is narrowing but still huge
Slightly reduced but still huge gap between richest (Luxembourg) and the poorest country (Bulgaria), according to a report released last Thursday by the Statistical Office of the European Union (Eurostat)....
Read moreGDP growth of the G20 was 0.7 percent in the third quarter
Similarly to the second quarter, the gross domestic product (GDP) of the G20, which comprises the 19 largest economies and the European Union, grew by 0.7 percent in the third...
Read moreThe international trade union is concerned about the deterioration of profitability in air freight transport
The International Air Transport Association (IATA) fears that profitability in air freight transport will continue to decline in 2020, which will lead to the failure of many companies. Andrew Matters,...
Read moreChinese retail sales increased significantly
In November, retail sales and industrial production in China increased with the highest annual growth of the past five months, according to a report from the Beijing National Bureau of...
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Professional success and major innovations at Auchan
Ildikó Balázs, head of corporate affairs and quality at Auchan was honoured with the Klauzál Gábor Certificate of Honour on Europe’s Day in Commerce. She received the prestigious prize for...
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Salling Group Phases Out Own-Brand Products Containing Caged Eggs
Denmark’s Salling Group has announced that it has removed own-brand products containing eggs sourced from caged hens, from its Netto, Føtex, and Bilka stores. Eggs from caged hens were being...
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Aldi Announces Plan To Sell Blemished Apples
Aldi Nord and Aldi Süd have announced plans to sell blemished apples across all outlets to sensitise consumers about food waste and help farmers minimise losses on their produce. The...
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Edeka, Netto Marken-Discount Introduce Eco-Friendly Receipts
Germany’s Edeka and Netto Marken-Discount have announced that they have introduced eco-friendly paper for cash register rolls. The FSC-certified recyclable thermal paper in blue-grey colour uses heat to make the...
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Magazine: PayTechShow: Payment in just a second
The PayTechShow was organised for the first time in October, and its objective was to discuss the future of electronic payment services. Participants worked in three sections, there were nearly...
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The busiest season of the year starts in stores
The busiest season of the year will start in stores, with the biggest rush expected between 20-23 December – the MTI surveyed store chains told. Auchan expects sales growth of...
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Turkey Association: turkey meat turnover can grow by 10 percent during the holiday season
According to the Hungarian Turkey Association, the domestic trade of turkey meat will increase by about 10 percent in December compared to the other months of the year, and the...
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The agricultural ministry plans to double fish consumption
Fish consumption in Hungary has increased over the last ten years, but is still far below the EU average – Farkas Sándor, parliamentary Minister of State of the Ministry of...
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Nébih: national inspections on Christmas markets
Authorities across the country are conducting inspections at Advent and Christmas fairs because experience has shown that these are the places where most violations occur – Pleva György, director of...
Read moreOpten: 44 percent more companies were terminated in November than created
With 1,912 company registrations, 1,303 company registrations were liquidated, and 44 percent more were closed i nNovember, according to an analysis by Opten. Pertics Richárd, Opten’s corporate information expert, said...
Read moreAM Minister of State: the AGROmashEXPO and Agri Machine Show show facilitate the knowledge of agro-industrial trends
In order to be successful in agriculture, it is important to be aware of the latest trends in the agro industry. The AGROmashEXPO and Agri Machine Show that will take...
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Dialogue is behind the good economic results
The success of the economy is welcomed, but decisions are needed to be taken now to maintain the current pace of growth – was said Müpa at this year’s Entrepreneurs...
Read moreThe representation of the Hungarian Export Development Agency in Moscow was opened
The Minister of Foreign Affairs opened a representation of the Hungarian Export Development Agency (HEPA) in Moscow on Friday. It is the job of the Hungarian government to help the...
Read moreRetail sales in the United States grew less than expected
Retail sales in the United States were lower than expected in November, according to a report released Friday by the Department of Commerce’s statistics agency Census Bureau. In November, retail...
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Britvic Announces Carbon Emission Reduction Targets
British soft drinks company Britvic has announced new carbon emission reduction targets to tackle climate change. The business has committed to halving emissions from its operations by 2025, with a...
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Carrefour Italia Acquires 28 Auchan Outlets From Conad
Carrefour Italia has signed an agreement with Conad to acquire 28 Auchan stores in the Lombardy region in Italy for an undisclosed amount, reports suggest. Most of the stores are...
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