News and articles
Coronavirus To Cost Europe’s Retailers $4bn In Lost Sales: Study
Supply disruptions caused by the coronavirus is expected to lead to £3.26 billion (€3.8 billion) in missed sales for retailers in Europe in the six weeks to 20 April, with...
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Magazine: Wining and dining ten years from now
Earlier I already told on the pages of this magazine that by 2030 there will be approximately 110 megapolises on planet Earth, each with a population bigger than 5 million....
Read moreAM: irrigation and digitalisation also increase competitiveness
Strengthening the livestock sector, spreading digitization and increasing irrigated areas are also needed to increase agricultural performance – Farkas Sándor, parliamentary secretary of the Ministry of Agriculture said at a...
Read moreKSH: investments increased by 5.9 percent in the fourth quarter of 2019
Investments increased by 5.9 percent in the fourth quarter of 2019, compared to the same period of 2018, with the fastest record growth of 14 percent, the Central Statistical Office...
Read moreA new wine law is being prepared
The third wine law has been drafted since the change of regime – the Secretary General of the National Council for Mountain Communities told M1 news channel on Saturday. Brazsil...
Read moreThere is huge potential for development in the horticultural sector
The Hungarian horticultural sector has a great potential for development, reaching only 30-40 percent of its capacity for years. The National Chamber of Agriculture, together with the strategic partner professional...
Read moreAnalysts: the coronary epidemic may slow down the performance of the economy
Economic analysts told MTI that the coronary epidemic makes economic forecasts in this year uncertain, but they still expect an around 4 percent. Gross Domestic Product (GDP) increased by 4.5...
Read moreOKSZ: even though demand for durable food has increased slightly, the security of supply is not at risk
Turnover data for the last 24 hours show that demand for certain durable foods has slightly increased in the member companies of OKSZ, according to the OKSZ announcement. The Trade...
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The turnover of Wiesbauer-Dunahús increased last year
Despite difficult economic conditions, Karl Schmiedbauer, Commercial Counselor and Chairman of the Board of Directors of Wiesbauer Holding Rt. considered the turnover of 5.1 billion forints as positive. The company...
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AM Secretary of State: the Flavors and Traditions competition in Orosháza is a savior of values
The competition of Orosháza traditions and flavors is essential for keeping our memories alive, along with other similar events, said Farkas Sándor, Parliamentary State Secretary of the Ministry of Agriculture...
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Bruce Willis doubles with HELL
HELL ENERGY, one of the world’s best-known and market-leading energy drink brands in Hungary, continues to partner with Bruce Willis. The superstar will be the face of HELL’s global advertising...
Read moreConsumer sentiment in the United States improved in February
Consumer sentiment in the United States improved in February, according to a standard monthly survey by the University of Michigan. According to final data released on Friday, the consumer sentiment...
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Google Shopping is growing at an alarming rate
Google Shopping is growing at an alarming rate. Accounting for 55% of Google search ad clicks in the US, Google Shopping is a huge traffic-driving source, ultimately increasing earning potential...
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A restructuring information and communication technologies market
Tamás Laufer, president of the Hungarian Association of IT Companies (IVSZ) told: In just 5 years the direct and indirect gross value added (GVA) of the information and communication technologies...
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The ITB in Berlin is canceled
The number of people infected with the new coronavirus continued to rise in Germany on Friday. As of Friday night, official data show 63 infections nationwide. Several major events have...
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The number of Chinese tourists arriving in Hungary decreased significantly
The number of Chinese tourists coming to Hungary has dropped significantly since the outbreak of the coronavirus – Kiss Róbert Richárd, a tourism journalist told M1 news channel on Friday....
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The impact of microplastics on food safety: the case of fishery and aquaculture products
Microplastics present in the oceans and inland waters are unintentionally ingested by a large number of aquatic animals of commercial value. These plastic particles are made of compounds such as...
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Brazil Beef Firms Face Reduced Chinese Demand Due To Coronavirus
China’s beef imports will fall in the first half of 2020 due to fallout from the coronavirus outbreak, which is complicating the circulation of people and trade globally, Rabobank said...
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Lidl Denmark To Introduce Animal Welfare Label For Fresh Chicken
Lidl Denmark has announced that it is to introduce an animal welfare label to its fresh chicken offering from the beginning of March. All fresh chicken sold in the retailer’s...
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Kifli.hu Has Opened Its Drive-Thru in Budapest
James McQuillan, Chief Executive of Kifli.hu posted the following on their Linkedin-page: ‘Shelves are empty across Budapest, but at Kifli we’re still open. Given that Budapestians are keen to quickly...
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Magazine: Spirits 2019
Extending the public health product tax (NETA) to spirits in 2015 entailed a 20-30 percent price increase in the category. Sales were also affected negatively by the law that allowed...
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Nébih: quality and labeling problems have also been found at cheese products
The National Food Chain Safety Authority (Nébih) has tested 31 cream cheese products in its latest Supermenta product test, and 20 cases have been subject to regulatory action due to...
Read moreThe coronavirus is boosting demand for durable foods
Coronavirus disease is on the rise in Europe, prompting people to accumulate durable foods in Hungary as well – privatbankar.hu wrote. The National Trade Association, which includes members of Tesco,...
Read moreAccording to a recent K&H study, SMEs remain optimistic
On average, small and medium-sized enterprises (SMEs) expect 8.3 percent more revenue and 5.2 percent profit growth this year. The most optimistic sectors are the medium-sized and commercial companies –...
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With full employment, the number of economically active people is decreasing
The labor market is stabilizing, reaching full employment – but the number of economically active people has been falling for four months – according to a quick analysis by ING,...
Read moreA full agricultural census will be launched in May
The Central Statistical Office (KSH) will conduct a full agricultural census between May 15 and June 30, 2020, entitled “Agricultural Census, 2020,” – origo wrote. The purpose of the survey...
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Kapitány István became the new president of the Association of Managers
The National Association of Managers held its Extraordinary General Assembly on January 20, 2020, and Kapitány István, Vice President of Global Retail at Shell, was elected as the new president...
Read moreThe Győr Philharmonic Orchestra is relaunching its Kékfrankos season ticket series
The Győr Philharmonic Orchestra will restart its Kékfrankos season ticket series at the Fertőrákos Cave Theater in the summer – the orchestra informed MTI on Thursday. The purpose of the...
Read moreBeer consumption drops in China – outage due to virus – reports the world’s biggest beer brewer
Anheuser-Busch InBev warned on Thursday that its first-quarter earnings could be down 10 percent due to the coronavirus. The announcement was particularly badly received by investors, the stock price fell...
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Amazon is taking action in case of overpriced medical masks
Amazon has announced that the site will look specifically at dealers who sell medical masks and take action against those who raise the price of medical masks – origo wrote....
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