Company and Personal News
Another vegan food at ALDI: supply expanded with organic coconut cream and organic almond cream
ALDI’s Hungarian product range has been expanded with new, 100% plant-based products: Natur Aktiv’s own branded organic coconut cream and organic almond cream are now available in the stores of...
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Employment Service: The number of jobseekers fell 2.8 percent in July from the previous month
The number of jobseekers fell by 2.8 percent month-on-month for the first time since the outbreak of the coronavirus pandemic. In July, 365,800 jobseekers was registered at the National Employment...
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Three hundred students in need will receive a school package in Debrecen
Three hundred needy Debrecen students will receive a personalized school package from the local charity these days – the city’s deputy mayor said. Széles Diána (Fidesz-KDNP) reminded at the press...
Read moreArgentina would supply China with pork
Pork production in Argentina could gain momentum if a government-backed plan will be implemented, origo wrote. According to this, in the future, the South American country would export huge quantities...
Read moreU.S. farmers will receive another 1 billion USD aid from the government
U.S. farmers will receive another 1 billion USD aid from the federal government – U.S. President Donald Trump has announced. With the amount, the government indirectly, through the so-called Farmers...
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Finger licking is paused
The use of KFC’s „It’s Finger Lickin’ Good” slogen is paused in advertising around the globe. The Press Release was announced on the brand’s site on 24th Aug. on the...
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Henkel to acquire majority stake in fast-growing direct-to-consumer (D2C) business
Henkel signed an agreement with Invincible Brands Holding, headquartered in Berlin, to acquire a 75 percent stake in a business comprising three fast-growing premium direct-to-consumer (D2C) brands: HelloBody, Banana Beauty...
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Rising uncertainties from COVID-19 cloud medium-term agricultural prospects
The fight against the global COVID-19 pandemic is causing unprecedented uncertainties in global food supply chains, with potential bottlenecks in labour markets, input industries, agriculture production, food processing, transport and...
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We have never needed energy this much before
According to András Palkó, marketing operations manager of Coca-Cola HBC Magyarország, energy drink sales continued growing in 2019: volume sales augmented by 2 percent and value sales jumped 8.9 percent....
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In the land of the grill
Last summer was hot, so the barbecue season was successful, but nothing is sure about this season. Ágnes Kalácska, marketing and sales manager of Bonafarm Zrt. told our magazine that...
Read moreGKI: economic expectations deteriorated in August
The dynamic rise in the GKI business cycle index came to a halt in August after the April low, with half of the April fall caused by the pandemic being...
Read moreAnother fourteen free e-chargers were handed over by ALDI
E-motorists are awaited with free charging at six locations in Budapest, one in Dunaharaszti, one in Székesfehérvár, one in Mosonmagyaróvár and two in Győr: ALDI’s network has been expanded with...
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The result of Alföldi Tej Kft. was improved by 800 million HUF in 2019
In the 2019 business year, the results of the Alföldi Tej Kft., Hungary’s second largest dairy company, improved significantly. Although the company’s sales revenue decreased by almost 2 billion HUF,...
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Nearly a quarter of young people make no distinction between dietary supplements and medications
72 percent of young people are aware that food supplements are a supplement to the traditional diet, but 23.6 percent mistakenly classify these products as medicines and try these drugs...
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Severe famine is expected in Africa
Climate change, locust infestation, civil wars, terrorism, and now the coronavirus. Sub-Saharan Africa is a continual crisis zone anyway, so despite the rapid response of governments and previous deceptive hopes...
Read moreOne hundred and ten economists were asked about America’s economic prospects
It will not be easy for the U.S. economy to regain and maintain momentum in the next period. Preserving jobs has paramount importance, for which further fiscal stimulus measures would...
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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...
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