Company and Personal News
Smart glasses may come
Disposable plastic cups will be banned in the European Union from 2021. A Hungarian startup, Clevercup, would replace disposable plastic cups in coffee shops with smart glasses made of Clevercup...
Read moreITM: the road network will be developed from about 3200 billion HUF by 2024
As part of the road program, the government will expand the road network from about 3,200 billion HUF by 2024, predominantly from domestic sources – the parliamentary Minister of State...
Read moreBrexit – Moody’s: the missing British contribution in the EU budget can be replaced
According to the study of Moody’s Investors Service, published in London on Tuesday, it is expected that the best debt-rated member states of the European Union can continue to meet...
Read more
Magazine: Weight loss products dominate in the market
Most of Scitec Magyarország Kft.’s products in the OTC market belong to the dietary supplement category. Roland Schuster, the company’s senior brand manager told our magazine that such products include...
Read more
Egg Association: large-scale egg production decreased in the first half of the year
Large-scale egg production has fallen by about 9 percent year-on-year in the first half of this year, after an almost 11 percent increase last year. It is expected that 1-1.2...
Read moreCompanies’ willingness to lend increased to record levels
Lending to Hungarian companies reached a record. It was 20 percent higher than a year before, according to Atradius Credit Insurance. According to a study, made with the involvement of...
Read more
Credit Insurer: the feed industry may further expand this year
Emissions from the feed sector could grow by 2 percent this year to 3.45 million tons and generate 8 percent nearly 270 billion revenue more, compared to last year –...
Read more
Eco-friendly linen bags for the benefit of the Hungarian Maltese Charity Service
SPAR has been working with the Hungarian Maltese Charity Service for more than 20 years in social programs. As part of their latest joint initiative, the charity’s Tiszabura sewing company...
Read moreNagy István: the advance payment of agricultural subsidies starts on Wednesday
The advance payment of agricultural subsidies to farmers through the Hungarian State Treasury (MÁK) will start on Wednesday, amounting to 240 billion HUF this year – the Minister of Agriculture...
Read more
Pa-Comp Kft. expanded its production plant in Újfehértó
In the next period, the government will spend more than 100 billion HUF on supporting the development of packaging, stockpiling and market entry of Hungarian food companies – the Minister...
Read more
Recycled and recyclable paper packaging is a new development by Lucart
The two Lucart product lines produced in Nyergesújfalu, Hungary, are given new packaging made from recycled and recyclable paper and also use biodegradable printing ink that is compostable for printing....
Read more
One hundred and fifty million HUF worth fake branded clothes were found in a truck
Six thousand fake branded clothes and accessories were found in avalue of one hundred and fifty million forints in a truck on the M43 motorway – the National Tax and...
Read moreConsumer prices in the United States stagnated in September
Consumer prices in the United States remained unchanged in September, compared to the previous month. Core inflation has become lower than expected, supporting expectations that the Federal Reserve’s Open Market...
Read more
Lavazza: over 120 years of passion for coffee and a renewed focus on premiumness in the Hungarian market
The Italian coffee roaster has a rich story to share and taste, like a good cup of coffee, and a renewed approach to the local market thanks to its new...
Read more
Magazine: Technological development in an optimistic mood
Ian Cook, CEO of Colgate-Palmolive and co-chair of The Consumer Goods Forum (CGF) told on the first day of the organisation’s Vancouver summit in June that more and more developed...
Read moreKSH: the rise in agricultural producer prices has slowed
Thanks to a sharp slowdown in the prices of vegetables, fruits and potatoes, the annual rate of increase in agricultural producer prices slowed down from the 8.1 percent of July...
Read moreTHe analysts of Savings Bank raised their GDP growth forecast to 4.9 percent this year
Analysts at the Savings Bank raised their GDP growth forecast from 4.7 percent to 4.9 percent -was said at the press conference of the bank in Budapest. Suppan Gergely, senior...
Read moreMNB: rising cost of services increased core inflation
Inflation fell by 0.3 percentage points to 2.8 percent in September, while core inflation rose by 0.2 percentage points to 3.9 percent. The slowdown in inflation was mainly caused by...
Read more
The 35th INTERSPAR hypermarket will be built in Kaposvár
SPAR spends around 5 billion forints to build its latest INTERSPAR hypermarket in Kaposvár. The modern, environmentally conscious INTERSPAR hypermarket, meeting the highest customer expectations is expected to be available...
Read more
Rossmann launches a VIP program
The Rossmann+ loyalty program will be renewed so you can shop at even greater discounts now. Purchases required for Bronze, Silver and Gold membership begins on 1 October, 2019, and...
Read more
SPAR helps you equip your kitchen with top-quality tools
KitchenAid’s unique kitchen appliances and electric appliances will be the perfect companion for beginner and expert chefs as well. Versatile equipment and top-of-the-line devices will be available to customers at...
Read more
The school greening program of P&G and Penny has started
Following last year’s successful school greening program, P&G has teamed up with the Penny Market chain this year to give 4 schools in Hungary the opportunity to become greener. The...
Read moreITM: no serious consumer protection violation occured in case of coupon promotions
Inspectors found no serious violations of consumer protection in case of coupon promotions, with just 5 percent of last year’s nearly 300 inquiries – the Ministry of Innovation and Technology...
Read moreThe volume of global air freight is declining for ten month
The volume of global air freight transported in tonne-kilometers is declining for ten month – according to the International Air Transport Association (IATA). The Montreal-based trade organization announced in a...
Read moreThe brand value of Chinese companies increased by forty percent in one year
Within a year, the brand value of Chinese companies rose by forty percent even amid the US-China trade conflicts. According to “Nation Brands 2019” research of the Brand Finance market...
Read more
Magazine: Shaping the market, shaping consumer taste
Norbert Vass, wine category specialist of Metro told our magazine that Metro stores are waiting for shoppers with 900 different wines and sparkling wines, mainly sourced from Hungarian winemakers. The...
Read more
The support of compliance is essential for the competitiveness of food industrial SMEs
HACCP, TFMS, IFS, FSA, COFRAC, BRC, BSCI, ETI, Fairtrade, UTZ, RSPO, Rainforest Alliance… Just a few abbreviations that cover complex compliance systems that guarantee the quality of food production and...
Read more
The latest short film of the Hungarian Brewers’ Association focuses on women
The newest short film of the Hungarian Brewers’ Association debuted today and focuses on female consumers. The film is another element of the Alliance’s extensive, ongoing communication that began one...
Read more
VMLY&R’s national brand research has examined nearly 700 brands
VMLY&R Hungary has once again examined brands. From the 2019 results of the agency’s long-standing, unique research, the Brandasset® Valuator (BAV), reveals how our country’s brand map has been redrawn...
Read moreThe autumn harvest was successful
The autumn harvest was successful and the prospects for the autumn sowing so far have been favorable – the Deputy Misnister of State of the Ministry of Agriculture (AM) announced...
Read more