Company and Personal News
This year’s apple production might be worrse than estimated before
Date: 2019-09-23 11:55:01
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
Date: 2019-09-23 11:40:58
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
Date: 2019-09-23 11:20:57
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
Date: 2019-09-23 11:15:42
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
Date: 2019-09-23 11:10:05
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
Date: 2019-09-23 11:02:54
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
Date: 2019-09-23 11:02:44
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
Date: 2019-09-23 11:00:49
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
Date: 2019-09-23 10:59:25
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
Date: 2019-09-23 10:32:59
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
Date: 2019-09-23 05:33:21
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
Date: 2019-09-22 10:28:02
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
Date: 2019-09-20 11:30:16
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!
Date: 2019-09-20 11:22:43
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
Date: 2019-09-20 11:20:02
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
Date: 2019-09-20 11:13:22
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
Date: 2019-09-20 11:13:10
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
Date: 2019-09-20 11:11:35
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
Date: 2019-09-20 11:03:51
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
Date: 2019-09-20 11:03:19
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
Date: 2019-09-20 11:00:09
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
Date: 2019-09-19 11:25:15
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
Date: 2019-09-19 11:20:31
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
Date: 2019-09-19 11:20:24
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
Date: 2019-09-19 11:18:25
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
Date: 2019-09-19 11:08:44
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
Date: 2019-09-19 11:08:34
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
Date: 2019-09-19 11:08:13
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
Date: 2019-09-19 11:07:32
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
Date: 2019-09-19 11:07:15
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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