Company and Personal News

Retail sales in the United States grew faster than expected

Retail and hospitality sales in the United States expanded at a higher rate than expected for the sixth consecutive month, indicating that the steadily rising consumer spending is likely to...

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The earliest direct evidence of human milk consumption has been discovered in Britain

The earliest direct evidence of human milk consumption to date has been identified in Britain – BBC’s news portal wrote. The authors of the study, published in the journal Archaeological...

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European retail in 2019

A study made by GfK has revealed that purchasing power grew considerably in the European Union in 2018. The engines of this growth were Latvia (+10.3 percent) and the Czech...

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An economic slowdown has started

In the 2nd quarter the Hungarian economy was growing by 4.9 percent; this rate was faster than expected and the fastest in the European Union. However, an economic slowdown has...

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Expensive tomato

As of 1 January 2019 the VAT on UHT and ESL milk reduced from 18 to 5 percent. Data from the first 32 weeks of the year indicate that the...

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Online is stronger if combined with offline

According to data published by EuroShop, it has a positive influence on the sales performance of online shops if they open an offline store. There is a so-called ‘halo effect’,...

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A work of art

EKI Creative Kft. has unveiled its latest in-store display. It was developed for Paco Rabanne cosmetics and according to key account manager Péter Eckert, it is almost a work of art, as...

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So that a little wind doesn’t turn into a hurricane

Retail magazine iXtenso has interviewed Alexander De Ruiter, the CEO of Dutch consultancy firm OBI4wan. He talked about how to manage a worsening reputation and negative consumer reviews. In his view...

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Minimalizing food waste by LG

By storing your food well, you can make it last longer as well as maintaining the best taste and temperature. Find out how. Whether you’re a carnivore, pescatarian, vegetarian or...

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Hungary’s biggest wine exporter

Lidl Hungary has organised the Lidl Wine Expo Hungary for the sixth time. The event’s goal is to promote Hungarian wines in Europe and facilitate their market entry. In 2018...

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Too much wine is a problem too!

According to data from the National Council of Wine Communities, 392,000 tons of grapes was harvested in Hungary in 2018, from which 3.75 million hectolitres of wine was made –...

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Nielsen: Hungarian retail trade is second in Europe

Brexit insecurity continued to affect the retail sector across the continent, but retail sales in Europe increased by 3.4 percent in the second quarter of 2019 compared to the same...

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Growth in agricultural producer prices has slowed down

In July, the annual growth rate of agricultural producer prices declined to a single-digit level. Following a 10.5 percent rise in June, acquisition prices were 8.5 percent higher in July...

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The turnover of non-alcoholic radlers has exploded over the last five years

The turnover of non-alcoholic beers and radlers at HEINEKEN Hungária has increased significantly over the last five years. Heineken 0.0 Non-alcoholic Beer has doubled its turnover in one year, while...

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Feldman: the new support in the meat industry can bring a quality change

The beef bull-breeding support program in the meat sector could bring a qualitative turn by allowing more domestic meat to reach consumers – the Minister of the Ministry of Agriculture...

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NAK: average quantity but good quality plums this year

This year, about 60-70 thousand tons of plums were produced in Hungary, which corresponds to the average of recent years, but the quality of the fruit is very good this...

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The number of pig slaughterings has decreased

After a long timethe number of pig slaughterings in slaughterhouses again decreased in the first half of this year. This is partly due to strong demand for live animals in...

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Lidl introduces a unique, eco-friendly textile collection

Thanks to its innovative power, Lidl introduces a unique collection of textiles that meet the strict criteria of the Cradle to Cradle Certified™ (C2C) Gold and Silver Certification. The biodegradable...

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Children are becoming more aware of nutrition

Children are now informed about nutrition through social media and influencers, but for more than three-quarters of the participants the parents’ opinion is the most important – according to a...

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The irrigation of the Trans-Tisza lands is also ensured by the renewal of the Eastern Main Canal

More than three billion HUF of EU funding has been used to renovate the tools of the Eastern Main Canal in the last three years, which will allow irrigation of...

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AM Minister of State: The Ministry has launched a strategy for gene conservation

This year, the implementation of the plans set out in the gene conservation strategy was started with the provision of a 12.3 billion HUF funding, the Minister of State of...

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A perfect example for circular economy: Corrugated packaging

Sustainability is in the DNA of VPK Packaging Group. One of the spearheads is our well thought-out waste management strategy. Reducing waste at all our plants leads to significant environmental benefits. In...

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That's why we are eating snacks at night

Researchers at BYU have shed new light on why you, your friends, neighbors and most everyone you know tend to snack at night: some areas of the brain don’t get...

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Counterfeiting accounts for more than 18,000 billion forints losses at EU level

According to the estimates of the European Union Intellectual Property Office (EUIPO), losses in counterfeiting and piracy in 11 economic sectors amount to 18,686 billion HUF per year at EU...

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Magazine: If you need a bit of élan…

Coca-Cola HBC Magyarország opines that sports drinks are one of the most dynamically developing categories in the soft drink market – in the retail sector sales soared by 43 percent...

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Nestlé inaugurates packaging research institute, first-of-its-kind in the food industry

Nestlé today officially inaugurated the Institute of Packaging Sciences, the first-of-its-kind in the food industry. The new Institute enables Nestlé to accelerate its efforts to bring functional, safe and environmentally...

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Nagy István: Food companies and wineries will receive about 70 billion HUF grants this year

Food companies and wineries will receive about 70 billion HUF support this year from the Rural Development Program (vp) – Nagy István, Minister of Agriculture said at a press conference...

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NMHH: product placements in commercial TVs increased by 15 percent in the first half of the year

RTL Klub and TV2 had 17,796 product placements in the first six months of the year, which is a 15 percent increase, compared to the same period of last year,...

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Growing number of environmentally conscious SPAR customers every year

As part of the company’s environmental protection programme, SPAR Hungary only makes two kinds of plastic shopping bags available to shoppers, while customers can choose from many eco-friendly bags. The...

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Hungarian Order of Merit Knight Cross was awarded to the leaders of the Coop chain

On behalf of the President of the Republic Áder János, Dr. Palkovics László, Minister of Innovation and Technology handed over Hungarian Order of Merit Knight Cross to Pekó László, Chief...

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