Company and Personal News
French entrepreneurs are developing vegan eggs with shells
Date: 2020-02-18 11:05:30
A French vegan brand, Les Merveilloeufs, is working on a plant-based alternative to hen eggs. Its component is that it will consist of legumes – origo wrote after Livekindly.co. Two...
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The EU Council adopts new VAT rules for e-commerce and small businesses
Date: 2020-02-18 11:05:14
The Economic and Financial Affairs Council of the European Union (ECOFIN) has adopted new rules to facilitate the detection of VAT fraud in cross-border e-commerce and simplified the VAT rules...
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Annual inflation in Romania was 3.6 percent in January
Date: 2020-02-18 11:01:08
In January, Romanian inflation was 3.6 percent higher than in the first month of last year, the Romanian National Institute of Statistics announced. The increase in consumer prices was mainly...
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Coca‑Cola moves to 50% recycled plastic in its ‘on-the-go’ packs
Date: 2020-02-18 10:54:36
As part of our journey towards a World Without Waste, in partnership with Coca‑Cola Ireland, today we announced that all of our 500ml packs and smaller are now being made...
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New sustainability goals by Procter & Gamble
Date: 2020-02-18 10:39:28
Just this week, P&G’s Family Care brands set new industry-leading commitments for their paper products to protect, grow, and restore forests globally. These new commitments span all P&G Family Care...
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Magazine: Innovation summit on personalised nutrition
Date: 2020-02-18 07:32:55
New knowledge and technologies make it possible for food companies to personalise food products – participants learned at the ‘Newtrition X’ conference, organised by the foodRegio association within the framework...
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KSH: agricultural output stagnated last year
Date: 2020-02-17 11:50:04
Agricultural production was down 0.3 percent from the previous year due to a 1.7 percent growth in the livestock sector and a decline in crop and horticultural products. The 3.2...
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Analysts have positively surprised with Q4 GDP
Date: 2020-02-17 11:40:41
Last year’s fourth-quarter GDP figures gave a positive surprise, according to analysts reporting to MTI, but the slowdown is expected to continue this year. According to the first estimate released...
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MNB: Households’ net wealth exceeded 108 percent of the GDP at the end of 2019
Date: 2020-02-17 11:30:17
Households’ net financial assets increased by 11.7 percent last year to 50,932 billion HUF at the end of the year. Households’ financial assets totaled 61,161 billion HUF, accounting for 130.8...
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The Minister of Agriculture calls for the development of practical solutions to climate change
Date: 2020-02-17 11:15:39
Climate change is changing, along with environmental, economic and social challenges, all of which require the development of practical solutions – Nagy István, Minister of Agriculture said at the opening...
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EY: the number of cyber attacks can be increased by introducing an instant payment system
Date: 2020-02-17 11:05:41
After eight months of postponement, the Immediate Payment System (AFR) will be launched in Hungary in early March. With the introduction, new types of frauds can be expected. For example,...
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Consumer sentiment in the United States improved in February
Date: 2020-02-17 11:00:46
Instead of the deterioration expected by analysts, consumer sentiment in the United States improved in February, according to a standard monthly survey by the University of Michigan. According to preliminary...
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Inflation growth in the Czech Republic accelerated
Date: 2020-02-17 10:59:40
Annual inflation in the Czech Republic accelerated to 3.6 percent in January from the 3.2 percent of December, the Czech Statistical Office (CSU) announced in Prague on Friday. This is...
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Nestlé reports full-year results for 2019
Date: 2020-02-17 10:30:35
Organic growth of 3.5%, with real internal growth (RIG) of 2.9% and pricing of 0.6%. Growth was supported by strong momentum in the United States and Purina PetCare globally. Total...
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KSH: gross domestic product increased by 4.9 percent in 2019
Date: 2020-02-14 11:50:04
Last year, gross domestic product (GDP) grew by 4.9 percent year-on-year, according to the first estimate of the Central Statistical Office (KSH) published on Friday. Annual GDP growth was 4.3...
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The changes in the fisheries sector are successful
Date: 2020-02-14 11:45:17
Based on experience and feedback, the changes in the fishery sector have been successful, and over the past few years the number of anglers has increased by more than 150,000...
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AM: 2021will be a transitional period for EU agricultural support
Date: 2020-02-14 11:40:57
There will be a transition period next year for EU agricultural subsidies, while the new Common Agricultural Policy (CAP) will be governed by the regulation for the 2014-2020 period for...
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Tesco was awarded the Investor of the Year award
Date: 2020-02-14 11:30:12
The Tesco Business and Technology Services Center is recognized by the National Investment Agency (HIPA). Ésik Róbert, CEO of the National Investment Agency; Pártos Zsolt, Managing Director of Tesco Magyarország;...
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Mastercard has increased its Valentine’s Day spending in Hungary by 1.5 times over 3 years
Date: 2020-02-14 11:27:17
Valentine’s Day spending increased by 17 percent and pre-purchase purchases by more than 30 percent over the last three years, according to a study based on data from 53 countries....
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Branded perfumes at SPAR’s Spring Loyalty Offer
Date: 2020-02-14 11:25:15
The store chain is offering branded perfumes to its loyal customers in a point-of-sale promotion on February 13. Perfumes for women, men and unisex are great gifts for Valentine’s Day,...
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Auchan raised 21 million forints with plush beaver
Date: 2020-02-14 11:22:15
The No. 2 Department of Pediatrics of the Semmelweis University buys life saving equipment from donation. Exceeding expectations, Auchan raised a total of 21 million forints in a charity campaign...
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Cool moms save hundreds of thousands in the first three years
Date: 2020-02-14 11:20:55
Nowadays, it is no longer a question of taking care of our environmen. Let’s see what we can do ourselves. Having a baby is often not really environmentally friendly, and...
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Fourth-quarter GDP growth in the euro area is at a six-year low
Date: 2020-02-14 11:09:00
Downward from its previous estimate, the euro area’s fourth-quarter annual GDP growth rate has been revised down in a report released Friday by Eurostat, the EU’s statistical office. According to...
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Retail sales in the United States stagnated in January
Date: 2020-02-14 11:08:54
Sales of automotive, fuel and construction products, as well as retail sales excluding hospitality, stagnated in the United States in January, compared with December, when they recorded a 0.2 percent...
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Online FMCG sales: A small share expanding rapidly
Date: 2020-02-14 10:47:43
According to the Nielsen Shopper Trends survey, 18 percent of shoppers said at the end of 2018 that they had already purchased groceries online (this rate was 2 percentage points...
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KSH consumer prices rose 4.7 percent in January
Date: 2020-02-13 11:55:05
Consumer prices were on average 4.7 percent higher in January than a year before – the Central Statistical Office (KSH) announced on Thursday. Consumer prices rose to a greater extent...
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The Hungarian advertising market is expected to grow by 7 percent this year
Date: 2020-02-13 11:40:57
The Hungarian advertising market is expected to grow by 7 percent this year, mainly due to the competitive sector, as 2020 is expected to be a quieter period for political...
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Coca-Cola Magyarország has reduced the weight of aluminum beverage cans by thirteen percent
Date: 2020-02-13 11:21:50
The Coca-Cola Magyarország has reduced the weight of aluminum beverage cans by thirteen percent. The company that produces and distributes canned soft drinks in 19 countries, uses approximately 170 tonnes...
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Auchan Trust Card customers can redeem their points for good
Date: 2020-02-13 11:20:50
Auchan has launched an extraordinary social campaign for its loyalty program customers from 1February. As part of the initiative, customers will be able to turn their Trust Points into charity...
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Last year, the GVH imposed a fine of more than 8 billion HUF
Date: 2020-02-13 11:18:54
Last year, the Hungarian Competition Authority imposed a fine of 8.3 billion HUF. Fines for restrictive practices approach 3.4 billion HUF, and consumer protection fines reach nearly 4.9 billion HUF...
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