Company and Personal News

This year’s apple production might be worrse than estimated before

This year’s apple harvest may be under 400,000 tonnes, which is 15-20 percent lower than the previous pessimistic estimate, and up to 35 percent below the long-term average of around...

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Századvég: GDP may grow by 4.8 percent this year

The Századvég Economic Researcher revised its GDP growth forecast to 4.8 percent this year and expects a growth of 3.9 percent by 2020, but notes that weakness in the German...

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The meat factory of the Pap Sausage Works was opened

The Pap Sausage Workshop (Pap Kolbászműhely) – which was inaugurated – on 20 September in Gödöllő, will debut with three product lines – Original, Optimal and Organic. High-quality products are...

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Hungarian Post receives a vending machine competitor

A new Hungarian-developed surveillance unit may be placed in the food and beverage vending machines connected to the NAV. The Tekinvest AFE solution of the Tekinvest Holding Zrt. has been...

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A snail processing plant was built in Kisvárda

The plant of the French-owned Bourgogne Gastronomie Kft. was opened on Friday in Kisvárda, Szabolcs-Szatmár-Bereg county from about 6.5 billion HUF. MTI/Balázs Attila Kötél Bernadett, Managing Director of the investing...

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Households’ solvency declined slightly in the second quarter, according to Intrum’s index

Households’ solvency declined slightly in the second quarter of this year, compared to the previous quarter, but is still high; the decline is largely due to the growing loan portfolio...

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Consumer protection: complaint at products ordered through newspaper ads is frequent

There are frequent consumer complaints about products ordered through newspaper ads – Kispál Edit, spokeswoman for the National Association of Consumer Protection Associations told M1 news channel on Saturday. There...

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Half billion HUF furniture industry development in Gyula

The Holczmöbel 2012 Kft., based in Gyula, has built a new production hall from almost 1,500 square meters, as well as purchased new machines and paneling technology for furniture production...

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Bad news from the German private sector

For the first time in six and a half years, the performance of the private sector in the German economy declined in September as the manufacturing recession deepened and lost...

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Syngenta: One planet, three directions

What can agriculture do to save our planet? The sector’s role is to produce food in a sustainable way that is enough to feed the growing population of our planet,...

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GKI’s business confidence index fell in September

The GKI economic sentiment index fell to its two-and-a-half-year low in September, within which business expectations plummeted to their lowest level in the past three years. However, consumer expectations improved...

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Tesco launches phase two of Remove, Reduce, Reuse & Recycle plan to suppliers

Tesco has launched the second phase of its Remove, Reduce, Reuse & Recycle plan, which sets out four steps that will govern packaging design across all product categories: Remove all...

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The sugar beet processing campaign has started in Kaposvár

The 126th beet processing campaign started at the sugar factory of the Magyar Cukor Zrt. in Kaposvár on Friday. Kovács Gergely, a member of the board of directors of the...

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Traceability can’t be avoided – become its expert!

You do know that the product you are selling represents high quality, but how can you prove this to your future business partners and customers? The only credible way for...

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Eating habits will be assessed again

Hungarian eating habits will be assessed again as part of the European Population Health Survey – the head of department of the National Institute for Pharmacy and Nutrition (OGYÉI) said....

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Huge Hungarian success at the international beer competition

Like last year, the Soproni Óvatos Duhaj beers achieved outstanding results at the International Beer Challange, one of the most famous beer competitions in the world. After the bronze medal...

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An agricultural logistics center and a cold store were handed over Nemesvámos

An agricultural logistics center and a cold store have been handed over in Nemesvámos, Veszprém county. The investment cost 274 million HUF. At the handover ceremony on Friday, Sövényházi Balázs,...

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Bookline became the Trader of the Year

This year, Bookline won the grand prize of the Trader of the Year competition, sponsored by Mastercard. In the categories, in addition to the bookstore, Budapest Park, the event venue...

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British merchants began to stock up Christmas drinks

Traders in the United Kingdom began to stock up on Christmas alcohol stocks earlier this year, as there is still much uncertainty about whether the UK will leave the EU...

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Consumer confidence in the euro area improved in September

Consumer confidence in the euro area and in the European Union improved in September, according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN)....

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Swiss watch exports increased

Switzerland’s watch exports grew in August on a yearly basis, at a similar rate to July. The Swiss watchmaking association announced that its August exports amounted to 1.522 billion francs,...

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Public Procurement Authority: last year 7 percent of all public procurement was linked to the agricultural sector

Almost 7 percent of all public procurement last year was attributable to the agricultural sector – Rigó Csaba Balázs, President of the Public Procurement Authority told M1 news channel. The...

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Organic food sales in Tesco increased by third

Autumn is back, and slowly we are back to our usual routine. We bid farewell to the waterfront scones, corn, ice cream and paid more attention to a full meal....

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The agricultural machinery market continued to expand in the first half of the year

After the record of previous years, the agricultural machinery market continued to expand in Hungary in the first half of the year; farmers and agricultural entrepreneurs bought new machinery for...

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Penny Market distributes the most Hungarian Product-branded private label products

The Penny Market was awarded at the Hungarian Product Merchant of Excellence award ceremony: the international supermarket chain received a special prize for the distribution of most Hungarian-branded private label...

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The OECD has downgraded its global economic growth forecast

The OECD has lowered its earlier forecast of growth in the world economy this year to the lowest level since the financial crisis of 2008-2009, due to growing trade conflicts...

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AB InBev Brewery issues shares in Hong Kong

The world’s largest brewer plans to involve 5 billion USD capital through a Hong Kong share issue – origo wrote. However, AB InBev has significantly modified its earlier vision, but...

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Nébih: high levels of formaldehyde dissolution from a Chinese coffee mug were measured

The Polish authority measured high levels of formaldehyde dissolution from a Chinese cup of melamine-containing bamboo fiber. The product was also shipped to Hungary. The National Food Chain Safety Authority...

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Amazon focuses on smaller cities

Smaller cities will be the targets of the one-week campaign for Amazon online retail giant’s Indian subsidiary. The campaign to be launched on 29 September – origo wrote. The company...

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Unilever uses electricity from renewable sources

Unilever’s factories, offices, R&D facilities, data centers, warehouses and distribution centers on all five continents now use only renewable electricity – the company told MTI on Thursday. According to the...

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