Events
VAT on organic food was reduced to five percent in Romania
In Romania, the minimum VAT rate on food products classified as traditional products and organic foods and on traditional non-alcoholic beverages is reduced to 5 percent. According to Prime Minister...
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Huge growth about the corner when it comes to e-commerce
Change is upon us, and it’s time to embrace it. We’re all on the hunt for every growth opportunity abound in our industry, but finding them requires a scientific guide...
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CEO confidence in growth dips dramatically
What a difference a year makes. Nearly 30% of business leaders believe that global economic growth will decline in the next 12 months, approximately six times the level of 5%...
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Cashless trend catching on in Japan
Japan is taking steps toward becoming a cashless society, with all transactions paid in cash expected to decline from 76.2% in 2018 to 71.4% in 2022, according to data and...
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The Body Shop launches plastic recycling initiative
Portrait of a female waste-picker made from 1,500 recycled plastic items hand-collected by waste-pickers in Bengaluru, India. Beauty and body care retailer The Body Shop is stepping up its sustainability...
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Nike prepping footwear sizing feature for app, retail stores
Nike wants to make sure its customers buy footwear that fits and is prepping a Nike Fit functionality in its app and within physical store locations to make that happen....
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Magazine: More days, more sausages
Zoltán Szántó, senior product manager of PICK Szeged Zrt. told Trade magazine that the two biggest segments in the grill product market are grill sausages and meat prepared for the...
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(HU) Júniusban Visegrádon találkozik az Ecommerce szakma
Sorry, this entry is only available in HU....
Read moreMNB: the six month increase of core inflation stopped in April
Seasonally adjusted annual core inflation remained unchanged in April, remained 3.8 percent as in the previous month, hence the increase of the indicator lasted for more than half a year...
Read moreAM: 8.6 billion support HUF for breeding sows this year
In 2019, the government earmarked 8.6 billion forints for breeding sows and 10.5 billion forints for animal welfare in the budget – Nagy István, Minister of Agriculture said on Monday...
Read moreMazars: investors consider Central and Eastern Europe as a reliable target
Central and Eastern Europe is an attractive investment area in a global comparison, with Hungary closing a successful year in terms of transaction value – according to Mazars’ investment report....
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Two hundred and fifty kinds of beer specialties at the Downtown Beer Festival
Two hundred and fifty kinds of beer specialties can be enjoyed by the visitors from 5 to 10 June at the Downtown Beer Festival in the Szabadság Square in Budapest....
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ITM: decisive steps are needed to reduce disposable plastic products
Decisive steps are needed to curb the use of disposable plastic products – the Ministry of Innovation and Technology (ITM) told MTI. The ministry emphasizes in its statement that they...
Read moreNAV detected an illegal tobacco factory in Szabolcs county
Industry-scale manufactured, cut and dried tobacco products worth 25 million HUF were found in the illegally operating tobacco plant in one of the towns of Szabolcs, by the financial investigators...
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Amazon Go goes with cash in New York City
The first Amazon Go store in New York City opened for business this week and is taking cash as well as offering a cashierless checkout customer experience. The store is...
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Magazine: Practicality is more important than product looks
According to Réka Forgách, Essity Hungary Kft.’s Zewa brand manager, sales of household towels grew by 9.5 percent in 2018. Private label products are important in the paper towel category,...
Read moreThis year’s beer season started with premium beers
The Hungarian Beer Manufacturers Association and the Kraft Beer Association officially launched the 2019 beer season. Beer consumption has renaissance in our country. According to last year’s report, 70,000 hectoliters...
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In one year the price of potatoes and vegetables increased significantly
Portfolio.hu looked at the inflation data of the Central Statistical Office (KSH) in March, highlighting the sharp rise in food prices. In the consumer basket of KSH, foods have a...
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IKSZ: the population collects beverage cartons with renewed vigor
The population selects beverage cartons with a renewed momentum. Following the stagnating results of recent years, the recollection of carton boxes of dairy and fruit soup which is a valuable...
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Nearly half of the Hungarians are willing to pay more for environmentally friendly services
42 percent of Hungarians say that they are willing to pay more for eco-friendly products, most of them up to 10-30 percent more than for a traditional product. Although the...
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NAV detected a tax evading vegetable dealer network
The criminal organization dealing with vegetable trade caused more than six hundred million forints damage to the budget – the press officer of the Central Transdanubian Criminal Directorate of the...
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The Village Food Festival – Göcsej tastes gastronomic festival will be organized in the Village Museum in Göcsej
The traditional food of the region and its novel ways of preparing are presented at the first Village Food Festival on 18 May in the Göcsej Village Museum in Zalaegerszeg....
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Hungarian companies present themselves at the agricultural fair in Novi Sad
With the participation of CED Central European Economic Development Network Nonprofit Ltd., 24 Hungarian companies are represented at the 86th International Agricultural Fair in Novi Sad, between 11 and 17...
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IT company directors lead the way in going digital
Switching to digital technology requires drastic changes not only in the systems customers get in touch with directly, but also in the domains of support technologies, the culture of informatics,...
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The Lactalis dairy producer increased its market share in Romania
The Lactalis dairy producer increased its market share in Romania. The company bought the Covalact firm from the US investor SigmaBleyzer – the Ziarul Financiar economic and financial newspaper reported...
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Germany’s Kaufland Launches Insect Burgers
German retailer Kaufland has added burgers that contain buffalo worms to its assortment. The burger patties are produced by the company Bold Foods and contain protein powder from buffalo worms...
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Slovenia Introduces Regulation To Limit Trans Fats In Food Items
Slovenia has implemented a new regulation that limits the amount of trans fats in food items sold in the country. The regulation forbids the sale of food containing more than...
Read moreKSH: consumer prices increased by 3.9 percent in April
In April, consumer prices were on average 3.9 percent higher than a year before, with prices rising 0.9 percent on average in March – the Central Statistical Office (KSH) announced...
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Palvin Barbi, the beers of the Hungarian small breweries and the glassy packaging are the most wanted
Hungarians like to drink beer anywhere, anytime, because of the taste and the good company – the survey of Beerbox revealed. Only one is a woman out of ten regular...
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