Company and Personal News
“Smart” bread from Ceres
The number of manufacturers and distributors of smart foods in Hungary has been extended by another member. The Hungarian-owned regional networks of Borsod-Abaúj-Zemplén County and five other counties will soon...
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AM: sunflowers achieved a record yield for this year
Harvesting sunflowers has reached a historic record of 3.01 tonnes per hectare at the end of October – the Ministry of Agriculture told MTI on Tuesday. The yield per hectare...
Read moreVarga Mihály: the government supports a capacity expansion investment in Jászberény
A new, automated warehouse center will be built from 1.4 billion HUF in Jászberény, and the government will support the capacity expansion investment of Szatmári Commercial and Service Ltd. with...
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Minister of State for Rural Development: the government spends significant resources to improve the quality of life for farmers
The government is spending a significant amount of its budget and EU funding to improve the quality of life of people living on farms – the Minister of State of...
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October euro area inflation declined
The annual rate of increase in consumer prices in the euro area in October was lower than in the previous month, mainly due to lower energy prices. The European Union’s...
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Coca-Cola Reports Continued Strong Results in Third Quarter;
The Coca-Cola Company continued to execute on its key strategies in the third quarter, with strong revenue growth and value share gains globally. Reported net revenues grew 8% and organic...
Read moreThe rainy weather in Zala County helps the harvest and the development of sowing
In Zala County, rainy weather makes harvest idifficult, but rainfall helps plant crops – the county president of the National Chamber of Agriculture (NAK) announced on Monday. Almost 60 percent...
Read moreMLBKT: Purchasing Manager index increased in October, but shows slight increase
The Seasonally Adjusted Purchasing Manager Index (PMI) for October was 51.9 points, according to respondents reporting better overall performance than last month, the Hungarian Logistics, Purchasing and Inventory Company (MLBKT)...
Read moreDigitalisation is the key to future workplaces
One of the most important corporate trends today is digitalization. Technology solutions are playing an increasingly important role in the implementation of both business and HR strategies. It does not...
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This is what a decomposing fiberglass beer bottle will look like
Carlsberg will sell beer in a paper bottle, made mostly from sustainably produced wood fiber and it will be completely recyclable – origo wrote. Source: Carlsbergroup.com, origo The brewery also...
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Estonians have the most competitive tax system in the world
In 2019, Estonians have the world’s most competitive tax system – for the sixth time. Corporate tax is the key – Világgazdaság Online wrote. Estonians know something very well. We...
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Throne Claims in the Online Advertising Market
Currently, two large companies still dominate the online advertising market, Google and Facebook. However, in recent times, a whole team of young companies have begun to claim the throne. Trends...
Read moreAmerican alternative meat goes to Russian grocery stores
US-based Beyond Meat’s alternative meat will be sold in 29 grocery stores from next week in Moscow in – the Russian daily Vedomosztyi announced on Friday. The price of a...
Read moreConsumer spending in the United States increasede slightly in September
As in the previous month, US consumers have saved more and barely increased their spending in September, while wages and salaries have stagnated, making it doubtful that consumers will be...
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Ifo’s fourth quarter euro area sentiment index deteriorated
Economic sentiment in the euro area deteriorated significantly in the fourth quarter, according to a study sent to MTI by the Ifo Economic Research Institute of the University of Munich...
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The insecticide used on Japanese rice plantations may have caused fish death
A Japanese research team found convincing evidence that neonicotinoid insecticides used on rice plantations could have killed two fish stocks – the Phys.org science portal wrote, after Science Journal. Olaf...
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GDP growth slowed down and inflation decelerated as well
he Hungarian economy increased outstandingly in the first half of 2019, by 5.1 per cent, the same rate as last year. Until now, this rate has been the fastest in...
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Magazine: Differing trends for discount supermarkets
Sales by discount supermarkets only increased by 0.1 percent in Germany in the first half of the year. Low prices attract German consumers less than they used to – reported...
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The SPAR Partner Program has been successful for seven years
The department store’s successful and attractive business model already has 186 franchise stores, with annual sales of more than 47 billion forints and a livelihood for some 1,700 people. An...
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Mars: 3.5 Million Cocoa Plants, more than 270 thousand supported small growers, and 1 billion USD Investment for sustainable cocoa growing
Mars Wrigley, a 100-year-old manufacturer of popular chocolate bars and one of the world’s largest cocoa users, has announced the steps that will be taken for a sustainable cocoa supply...
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KSH: exports increased more than imports in August
The value of exports, measured in euros, grew by 2.7 percent in August and imports by 1.2 percent. The export surplus on trade in goods was 60 million euros, 122...
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More than 1,000 types of Rossmann branded products are labeled “without microplastics”
This year, Rossmann’s new “without microplastics” product designation will be used on all self-branded cosmetics brands that do not contain microplastics. Most branded products did not contain microplastics even before...
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The Nespresso Winter Coffee Collection brings a Scandinavian lifestyle to your home
The special atmosphere of the northern regions inspired this year’s Nespresso Limited Edition coffees, which add a little magic to the traditional flavors. In the spirit of popular Scandinavian cultural...
Read moreBlues Kékfrankos 2016 has debuted – excellent vintage from Eger
The 2016 vintage Blues Kékfrankos bottles are already in the tasting room of the Kovács Nimród Winery, which, like the 2015 vintage, provides consumers with a high quality and unique...
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AM: reference prices and average yield data were published for this year’s claim for compensation
Reference prices and average yield figures for the 2019 claim for compensation have been published – the Ministry of Agriculture (MTI) informed MTI on Thursday. According to the announcement, producers...
Read morePwC: carbon intensity reduced by less than half of the target
The pace of global decarbonisation seems to have come to a halt, after moderate progress over the previous four years. If this trend continues, countries will not be able to...
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The Czech EPGC group acquired a 30 percent stake in Metro AG in Germany
The Czech EP Global Commerce (EPGC) investor group has acquired about thirty percent of Metro AG’s German retail chain. Owned by Czech billionaire Daniel Kretinsky and Slovak billionaire Patrick Tkac,...
Read moreGerman retail sales improved less than expected in September
In September, German retail sales grew less than expected both in annual and monthly terms. Destatis, the German Federal Bureau of Statistics, announced on Thursday that retail sales grew 3.4...
Read moreAfrican swine fever: another 13,000 animals in Romania to be killed to prevent the spread of infection
The Romanian Animal Health and Food Safety Authority (ANSVSA) decided to kill nearly 13,000 more pigs on Friday after the African swine fever (ASP) virus was detected on a farm...
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