Company and Personal News
The future paper handkerchief to be made of straw
One of the world’s largest manufacturers of hygiene paper products, Essity, announced a 12 billion HUF green development. In the future, the company will produce household and industrial professional hygiene...
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Apple is leading Forbes’ top 100 list
Apple is leading the top 100 list of Forbes’ most valuable brands. On the top 100th list of the Most Valuable Brands of Forbes, Apple was ranked 1st with 205.5...
Read moreThe German business sentiment has deteriorated
In May, the German business sentiment index of the Ifo Institute for Economic Research of the University of Munich deteriorated with a greater extent than expected. According to a survey...
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Global M&A appetite at 10-year high fueled by portfolio reshaping
59% of companies worldwide plan deals in the next year fueled by portfolio reshaping Strong M&A intentions accelerated rather than stalled by uncertainty Despite Brexit uncertainty, UK is top investment...
Read moreDreher launches new products
After the earlier transformation of its Dreher Classic into Dreher Gold, the Hungarian brewery has announced the introduction of a brand new Dreher Red Ale and a new appearance for...
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A five-star flavour by Fanta: the new Fanta Melon Soda is here
One of the most delicious green sodas that you will ever try! Much different than traditional Fanta soda, this product has full melon flavor which is perfectly balanced with the...
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X5 Retail Group Opens 15,000th Store In Russia
Russian food retailer X5 has announced that it has opened its 15,000th store. The new launch is a Pyaterochka outlet in Zelenograd featuring a new store design. The new features...
Read moreOECD: the growth of the Hungarian economy is slowing down, but remains strong
The growth of the Hungarian economy is slowing down but remains strong this year and next year -according to the latest OECD forecast released on Tuesday. Analysts from the Paris-based...
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COOP’s poition is stable
After a growth of about 4 percent, the COOP Economic Group achieved a turnover of 627 billion HUF last year. The company despite all the changes and the pressures of...
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Nagy István: the new Animal Husbandry Act establishes a successful era in the sector
The new Animal Husbandry Act establishes a successful livestock breeding era. The draft is already before the Parliament – the Minister of Agriculture said on Wednesday in Domony. In his...
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The Hungarian Product is promoted with an advertising film
The Magyar Termék Nonprofit Kft. (Hungarain Product Nonprofit Ltd.) has started an advertising campaign to support the growing recognition of trademarked products in the social media. The advertising film sets...
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Farmers have no money to switch for the alternative breeding of laying hens
Farmers are not strong enough to move to alternative hatchery. The change would require a huge investment within a short period of time, as 90 percent of Hungarian production comes...
Read moreA general VAT reduction is possible in the long run
Varga Mihály, Minister of Finance also spoke about the government’s long-term tax plans in the interview with Világgazdaság. Among these, he mentioned that the government would like to reduce the...
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The Nyírzem Group celebrated its 20th anniversary
The growth, acquisitions, and return of the profits generated are the key to the success of the Nyírzem Group – Pekó László, President and CEO of Nyírzem Zrt. said. Pekó...
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Prevent complications of diabetes with a drop of attention!
“According to the data of the National Health Insurance Fund Management, more than 3,600 feet per year have to be amputated due to diabetes, ie 10 people lose their lower...
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Young artists were inspired by non-figurative crunch
Young artists from different areas have tested their creativity in the Cheetos challenge that is just starting. The young talents had one day to come up with an unusual and...
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Variations for cricket snacks
An American company called Entosense has launched Mini-Kickers Flavored Crickets in December, little vials of grab-and-go crickets in flavors such as lemon meringue, sun-dried tomato and Indian curry, and already,...
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Consumer confidence improved in May in the euro area and in the EU
Consumer confidence in the euro area and the European Union has improved significantly in May, according to a survey by the European Commission’s Economic and Financial Directorate (DG ECFIN). According...
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L’Oréal aunching its technological ideas at Viva Tech
From the 16th to 18th May, Paris is set to be the centre of the tech world with over one hundred thousand people attending VivaTech. As a company that’s been...
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LG is utilising artificial intelligence to make life better for all
As part of its strategy to accelerate the development of AI devices for the home, LG has developed its own artificial intelligence chip (AI Chip) with proprietary LG Neural Engine...
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WITRON Realises Automated Frozen Food Logistics Centre For Mercadona
WITRON is currently building its sixth fully-automated frozen food logistics centre for the market-leading Spanish food retailer, Mercadona. At the beginning of March 2019, both parties signed the contract for...
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Gas station retailers eating into fast food market share
Fast food restaurants have always been the go-to for a quick bite, but gas station convenience stores are coming on strong by improving their options. The company surveyed more than...
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A spectacular flavors in the campaign of the 150-year-old PICK
PICK has launched its communication campaign with the successful PICKOLINO campaign, backed by appetizing macro images. The apropos of the current image campaign is twofold, as the brand is celebrating...
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New SPAR campaign. For Me. For You.
SPAR launches its latest communication campaign with cheerful, energetic, tight, clip-like commercials in a much more personal tone than before. The campaign was created by Spice Communication. Numerous research, consumer...
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Focus is on the most smallest ones but this year, premature babies will get more targeted help
In Hungary, premature birth affects nearly ten thousand families a year. NaturAqua, recognizing the importance of the problem, has been support families with premature babies since 2016. Over the past...
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The new plant of the Várda Meat Kft. can be built from 4 billion HUF
Szijjártó Péter, Minister of Foreign Affairs called the food industry as one of the breakthroughs of the Hungarian economy on Tuesday at the foundation stone cermony of the new pllant...
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The cheese plant of the Alföldi Tej was handed over
The Foreign Minister called Debrecen as investment champion at the handing over ceremony of the plant of the Alföldi Tej Kft. in Debrecen. Rózsás Mónika, Managing Director of the Alföldi...
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Hungarian workers feel confident in their job according to a survey
In the first quarter of this year, the employee confidence index declined by 2 points compared to the same period of last year. Compared to the previous quarter it has...
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