News and articles
In Russia, retail sales growth is accelerating and real wage growth is declining
Instead of the significant slowdown expected by analysts, retail sales growth in Russia accelerated in March, while real wage growth slowed. The Russian statistical office announced on Monday that retail...
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Tudja-e, mit használtak a múltban a toalettpapír helyett?
A jelenlegi koronavírus-járvány kezdetén az üzletek polcain jó eséllyel szállt versenybe a legkelendőbb árucikk címért a toalettpapír, amiből igen gyorsan komoly hiány alakult ki – olvasható az origo-n. Március közepétől...
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GFK: Customer needs keep changing
Crises like COVID-19 create severe disruption across many fronts. But these overwhelming market fluctuations also include trend indicators that can help you master the crisis. By tracking sales and pricing...
Read moreHévíz expects a loss of revenue of one and a half billion forints
In connection with the coronavirus epidemic, the local government of Hévíz expects a loss of about one and a half billion forints in the period until the end of the...
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Dalgonacoffe is the new hit
As many people are staying home and practicing social distancing to help slow the spread of the new coronavirus, it’s become less common to go out for a beautifully poured...
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Euronics charity program’s winners are public now
The large household appliances and Dyras products offered in the Euronics charity program are currently arriving at 97 Hungarian health institutions fighting the virus. More than 200 applications were received...
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Bird flu is here
The H5N8 type of avian influenza, which previously caused a pandemic in Bács-Kiskun and Csongrád counties, has already been detected in 226 livestock farms, the national chief veterinarian told Monday....
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Plant-Based Meat Could See Boost Post COVID-19 Outbreak
Plant-based meat alternatives could see sales increase once the COVID-19 epidemic has subsided, an industry analyst has suggested. Andy Coyne of GlobalData Food noted an uptick in plant-based protein sales...
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NRA releases guidance for restaurant reopenings
The National Restaurant Association released guidelines to be used in conjunction with the instructions that restaurant operators receive from authorities during their re-opening phase-in. The guidance is a basic summary...
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Coronavirus (COVID-19): how The Coca-Cola company is refocusing its business
As part of its Q1 results announcement, the company withdrew its previous guidance for the full year. Coming into the quarter it was delivering sold volume growth of 3%, excluding...
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Magazine: Building bridges
In mid-February the representatives of the Guild of Hungarian Restaurateurs (MVI) and the National Tax and Customs Administration’s (NAV) met to discuss the most important matters related to possible forms...
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GKI’s economic sentiment index plummeted by an unprecedented extent in April
The GKI economic sentiment index fell by an unprecedented extent of almost 30 points, apparently due to the economic effects of the COVID-19 epidemic. The business confidence index declined by...
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Private Label Chocolates in the Kitchen
Chocolate has been a favorite, popularity and triumphant path for many of us for centuries. However, the category can be further developed, rediscovered, moved to trendy trends, in healthier and...
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Coronavirus pandemic ‘will cause famine of biblical proportions’
he world is facing widespread famine “of biblical proportions” because of the coronavirus pandemic, the chief of the UN’s food relief agency has warned, with a short time to act...
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Huge trouble if following the pandemic… or perhaps not?
COVID-19 has overshadowed the climate crisis as governments scramble to protect the health of citizens without cratering their economies, but the pandemic could still open a fast-track pathway -– albeit...
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Unknown waters – About changing a carreer during crisis
How does the epidemiological situation and the related economic environment affect senior management expectations? What are the leadership qualities that are now gaining in value and can best help you...
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International beef-trends keep changing
The Asian country is expected to import 2.2 million tonnes of beef in 2020. In 2019, China has increased its beef consumption by 11% to reach 8.33 million tonnes, with...
Read moreWholesale shopping is radically transforming
The continuous spread of the coronavirus epidemic and the restrictions imposed in the name of protection have significantly reshaped everyday life, to which everyone is trying to adapt – hellovidek.hu...
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BKIK: commercial real estate rents have to be restructured during the crisis
The Budapest Chamber of Commerce and Industry (BKIK) has developed a 7-point package of proposals to address the real estate rental situation of businesses, asking the government to set rents...
Read moreNébih initiates inspections because of illegally sold foreign meat
The National Food Chain Safety Office (Nébih) initiates inspections at chain stores if there is a suspicion that pork from abroad is being sold in Hungary in an illegal manner....
Read moreHungarian ALDI marketed millions of Chinese masks
ALDI has marketed two million disposable masks in Hungary – Pénzcentrum wrote. The product came from China will be sold in 10-piece packages on store shelves and can be purchased...
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Agriculture is problematic in the long run
The coronavirus pandemic is relegating the economy to an unprecedented level 100 years ago, bringing corporate bankruptcies, unemployment is skyrocketing, and it is possible that living standards will only reach...
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With wine against the coronavirus
From April 24, the fundraising wine of Pajzos-Megyer Tokaj winery will be available exclusively in Auchan. For each bottle purchased from April 24, Szent László Hospital will receive 500 HUF...
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People are no hoarding toilet paper anylonger
People are more interested in puchasing essential items for home office and digital schooling, such as webcams. Toilet papers are not selling that well anymore, MTA’s reserarcher informed ATV on...
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Nestlé’s first quarter was good
Nestlé’s first-quarter sales exceeded estimates as customers bought plenty of pet food and coffee during the coronavirus epidemic – origo wrote, after CNBC. The Swiss multinational’s groups sales grew 4.3...
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This year’s Gourmet Festival will be missed
The Gourmet Festival is definitely not being held this year; the event, which is one of the leading gastro festivals in Hungary, would have been held in Millenáris Park between...
Read moreThat’s why we suffer in home office
The social distancing measures that have recently been introduced due to the coronavirus pandemic, have forced many people to work from home; for many of them this will be the...
Read moreSet a negative record for business sentiment in Germany – ifo
In April, business sentiment in Germany fell to its lowest level ever in a recent survey by the Munich-based ifo economic research institute. In a survey sent to MTI on...
Read moreMore and more slaughterhouses are closing in the United States
After several large meat processors, more and more slaughterhouses are closing in the United States due to the coronavirus pandemic – according to a report by the U.S. Public Service...
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