Company and Personal News
Capsule-based craft-beer system unveiled
LG Electronics (LG) will debut a capsule-based craft beer making machine, LG HomeBrew, at CES 2019. A winner of a 2019 CES Innovation Award, the state-of-the-art device makes the brewing...
Read moreK&H: You really need to buy consciously now!
According to the National Food Chain Safety Authority, 1.8 million tons of food is landfilled in Hungary every year, which is 68 kilograms per capita. And with the surge of...
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Mastercard has made it possible to increase the amount of one-touch payments in 29 countries
Mastercard has reaffirmed its commitment to a higher level of one-touch payments across Europe. This decision concerns 29 countries, including Hungary, and provides a quick response to the current emergency...
Read moreLess wheat can grow this year in Europe
Winter precipitation is now being replaced in most parts of Europe by rain, but there are major differences in soil moisture among the Member States. Bad start leaves its mark...
Read moreMNB: inflation may stabilize around 3 percent
Inflation may fall below 3 percent this year and stabilize at around 3 percent over the longer term – the head of the Economic Forecast and Analysis Directorate said at...
Read moreWe should process more milk into a more valuable dairy product
Cheese, butter, curd, sour cream are a much more valuable product than milk. Instead, we ship liquid milk out of the country to import processed products instead – agrarszektor.hu wrote....
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Blokkk.com: shops of manufactured goods could lose two thirds of the expected revenue
Some commodity stores could lose 1,300-1,400 billion HUF in 2020, two thirds of the expected annual revenue. Calculated today. After all, everyone buys food and toilet paper, maybe socks, not...
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New opening hours and additional precautions at SPAR
The SPAR and INTERSPAR stores will continue to open from Monday to Friday, from 6:30 to 7 pm on average in different times, while measures to prevent the spread of...
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There is no stopping now: the priority of marketing today is to motorize the economy
The environment has changed a lot as well as the economic outlook, and the role and focus of the marketing communications profession has changed a lot in the past two...
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Avian flu has reappeared in Hungary
The National Food Chain Safety Authority (Nebih) confirmed the presence of the H5N8 subtype of avian influenza in a duck farm in Bács-Kiskun County on Wednesday, and veterinary experts have...
Read moreFarmers in the EU can continue to receive agricultural supports as advances
A number of Hungarian proposals have been put forward at a videoconference of the ministers of agriculture to allow advance payments of agricultural subsidies – Feldman Zsolt, Minister of State...
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Finance officers found two hundred million HUF worth counterfeit clothing in two trucks
Almost two hundred million forints worth fake clothes, accessories were found by financial officers in two Polish trucks on the M43 motorway, the National Tax and Customs Administration (NAV) informed...
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LG commits to carbon neutrality by 2030
LG Electronics (LG) has launched its aggressive Zero Carbon 2030 initiative, committing to achieving net-zero carbon emissions from its global operations within 12 years. In line with its larger sustainable...
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The Meat Alliance does not expect supply disruption during Easter
There is no expected supply disruption in the market for Easter smoked meat products, with industry companies offering a wide range, but the products will be available at a higher...
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Local markets are open, but taking precautions has key importance
Local markets play a key role in safe food supply, so their operation is extremely important during the coronavirus epidemic, but it is also important for retailers and buyers to...
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Mol has transformed one of its plants into a hand and surface disinfectant factory
Mol has begun manufacturing hand and surface disinfectant products in Hungary to protect against the coronavirus. The Mol Lub Kft. converted one of its windshield fluid production line within only...
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The third largest player in the market has already raised the payment limit without a PIN to 15,000 HUF
The Fizetési Pont, (PayPoint), the third largest player in the POS terminal market, introduced PIN code-free access to its terminals in one day for card purchases under 15,000 HUF –...
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A crisis task work group was set up at the Seed Association
The Coronavirus Task Work Group was set up by the Seed Association Interprofessional Organization and Product Board. The purpose of this measure is to collect and transfer as much information...
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Interim CEO at Waberer’s
On March 23, 2020, the Board of Directors appointed Erdélyi Barna, the Company’s current Deputy Chief Financial Officer, as an interim CEO – Waberer’s International Plc. announced on the website...
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Eisberg donated special protective equipments to Semmelweis University’s Premature Intensive Care Unit
As every news story deals with a new type of coronavirus that is causing more and more illnesses, people and companies alike are calling for help. As a supporter of...
Read more6,500 kilograms of illegal tobacco wasseized by NAV
About 6,500 kilograms of unlicensed tobacco was seized by the Hajdú-Bihar County Tax and Customs Directorate of the National Tax and Customs Administration (NAV) in Debrecen – the Hajdú-Bihar County...
Read moreGerman business sentiment declined significantly
The business climate in Germany collapsed in March, according to the second final monthly survey of the Ifo Economic Research Institute at the University of Munich. In the final March...
Read moreLondon analysts expect deep recession
According to recent macroeconomic analysts in London, a recession similar to the global financial crisis of 2008-2009, or much deeper, is expected this year due to the economic impact of...
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The luxury company supports the French healthcare industry with a mask donation
LVMH, the world’s largest luxury company, ordered masks in a value of 40 million USD from China to support French healthcare – origo wrote, after Business Insider. The first shipment...
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Magazine: They deliver flavour and give something extra
The category of wet condiments and dressings consists of several different types of products –and each has a different level of seasonality. According to Anita Plánk, Unilever Magyarország Kft.’s ideation...
Read moreUnilever supports the fight against coronavirus all over the world
Unilever is to donate €100mln worth of soap, sanitiser, bleach and food to help battle the coronavirus pandemic. Part of the programme will be a €50mln soap and sanitiser donation to...
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NAK: Don’t accumulate! There will be enough food in Hungary!
Hungary is an agri-industrial country, a serious exporter, and our country’s self-sufficiency is about 120 percent of its basic food. In the current emergency, this has a particular importance: the...
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The limit for touchless payments without a PIN is raised to fifteen thousand forints
Up to 5,000 to 15,000 HUF for touch pay card purchases allowed without a PIN from April 15, with an estimated 90 percent of purchases without having to touch the...
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NAK: Which food companies can be key companies
A 2012. CLXVI. Act includes the 65/2013 Enforcement Order , which spells out in a systems, and facilities. From an agricultural point of view, the Implementing Regulation 540/2013 regulates which...
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