Company and Personal News
Taste and color cavalcade By Mondelez
To celebrate 35 years of fun and flavor, the SOUR PATCH KIDS® brand is looking to make things a little sweeter for their fans by opening the doors to the...
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Where robots pick tomatoes
The pandemic catalyzed the use of robots and artificial intelligence. Digitization has been introduced in sectors where it was unimaginable – magyarmezogazdasag.hu wrote. Source: magyarmezogazdasag.hu A Boston startup, Root AI,...
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The largest European economies show the signs of slowdown
In Germany, France and the euro area as a whole, IHS Markit published its preliminary purchasing method indices in August, and other indicators besides the German manufacturing industry fell short...
Read moreBritish Tesco will create an additional 16,000 jobs
Britain’s Tesco has announced that an additional 16,000 jobs will be created to cater to increased online sales during the pandemic – origo wrote after Reuters. The largest retail company...
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Many vendors were knocked out of the store by the virus
The coronavirus pushed down the number of store employees by 23,000 in the second quarter. Meanwhile, part-time employment has jumped. One-tenth of shopkeepers lost their jobs, or part of them,...
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Nielsen: Hungarians ate twenty million frozen pizzas in a year
Frozen pizza rules: between July 2019 and June 2020, the Hungarians bought a quarter more in value and almost a tenth more in volume, compared to the same period of...
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The coronavirus effect has reached the poultry market
In the recent period, the transfer price of poultry products has decreased by an average of 5-10 percent compared to last year – Csorbai Attila, Chairman and Director of the...
Read moreHungarian sweet corn is sought after worldwide
The harvest of sweet corn, with its early varieties has begun. Hungary is the largest producer in Europe and the second largest exporter of canned corn in the world. This...
Read moreLidl has joined the UN directive on the empowerment of women
Lidl Hungary has signed the UN Women’s Empowerment Principles (WEPs), joining the global initiative to promote women. With this step, the company will continue to promote equality both within the...
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All fats are bad?
Like eggs, margarine, or sugar, from time to time, fat becomes the number one public enemy in nutritional recommendations. Thus, it is no wonder that the various fats and oils...
Read moreOpten the survival rate of start-up Hungarian companies deteriorated
The survival rate of start-up Hungarian companies has deteriorated in the past year as well, with less than 70 percent of companies reaching the age of 5, while 46 percent...
Read moreThe WTO world trade trend indicator fell to a record low in the second quarter
The WTO world trade trend indicator fell to a record low in the second quarter, according to a report published on the World Trade Organization’s (WTO) website on Wednesday. The...
Read moreTrade talks between the US and China may continue
The U.S. and China would “sit down” again to continue negotiations on a trade agreement, the Chinese Chamber of Commerce announced. Negotiations that were suspended during the coronavirus crisis would...
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The highest inflation occurred in July in the euro area four months ago
According to preliminary data, the highest inflation in the euro area for the last four months was in July, according to a report published on Wednesday by the European Union’s...
Read moreOMME: honeys in stores are safe to consume
Hungarian customers can choose from good quality honeys, most of the products on the shelves of the shops passed the annual inspection carried out by the National Hungarian Beekeeping Association...
Read moreNAK: This year’s sweet corn crop may be of good quality and close to average
A close-to-average, high-quality crop of around 500,000 tons is expected from sweet corn this year, the National Chamber of Agriculture (NAK) told MTI on Tuesday. According to their announcement, the...
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Nébih: Auchan recalled the ENSA raisin product
The Auchan Magyarország Kft. recalls the 100 gram ENSA raisin product due to mycotoxin contamination – the National Food Chain Safety Office (Nébih) announced on its website. According to the...
Read moreA new type of vending machine is being tested by one of the discount chains in Germany
Aldi discount chain in Haßloch, south-west Germany, not far from Frankfurt, is testing a permanent operating machine called “ALDImat” to compensate for its shorter opening hours – origo wrote, after...
Read moreTop financial managers in Western Europe are depressed after the pandemic
While at the beginning of the year the financial managers of Western European companies dealt with development investments and reported good profit prospects this year, now securing the funds needed...
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The star of Deadpool earned a nice amount of spirits
Another Hollywood star, Ryan Reynolds, has made a significant profit with a clever investment to capitalize on the popularity of spirits – origo wrote. Anyway, he’s one of today’s highest...
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Knorr renamed a product called Gypsy Sauce
Knorr, who makes a product called “Zigeuner Sauce” or “Gypsy Sauce”, has announced that it has renamed its product due to racist crosstalk – index wrote after MTI. Photo: Hauke-Christian...
Read moreConsumer sentiment improved slightly in August in the United States
Overall, little has changed, but instead of the expected deterioration, consumer sentiment in the U.S. improved slightly in August, according to preliminary data from the monthly survey by the University...
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FAO leads the way to clearer peatland mapping and monitoring
Peatlands cover only 3 percent of the world’s surface yet contain as much carbon as all of its vegetation, dramatically underscoring their pivotal role in global climate regulation. Their degradation,...
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Henkel delivers overall robust business performance despite substantial impact from COVID-19 pandemic
Focus on ensuring employee safety, supplying customers and supporting communities Group half-year sales reach 9,485 million euros, nominal: -6.0%, organic: -5.2% Operating profit* at 1,191 million euros, -27.5% EBIT margin*...
Read moreAnalysts this year’s economic downturn next year bounce may follow
The performance of the Hungarian economy may jump next year after this year’s downturn – macroeconomic analysts told MTI, who estiimates the growth rate in 2021 at 3-5 percent. According...
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Garantiqa: Hungary is at the forefront of corporate loan guarantees in Europe
Hungary ranks second in Europe in the application of guarantee schemes for corporate loans – Garantiqa Hitelgarancia Zrt. (Garantiqa), part of the MFB Group, told MTI based on the latest...
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Potatoes can be the big loser in the pandemic
Huge amount of potatoes (hundreds of thousands of tons) remained in the markets of large producing countries and in the warehouses of processing companies, with which they do not know...
Read moreThe school year at Tesco starts again with a day off
As a family-friendly workplace, it is important to Tesco that its employees do not miss out on important moments in their families. That’s why parents of first-time students can request...
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The wealth of Hungarian households increased significantly
By the end of the second quarter, the financial assets of households had increased to 63,191 billion HUF, which is an increase of 1,823 billion HUF, compared to the previous...
Read moreMany businesses are unaware that they are innovating
A fraction of the innovations of the small and medium-sized enterprises (SMEs) in Hungary are not utilized either, and many SMEs are not even aware that they have created a...
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