News and articles

Sufficient quantities of spring cereal seed this year

The Seed Association Interprofessional Organization and Product Board announces a net price of 105 thousand HUF for spring barley and spring oats II grade reproductive seeds. According to the organization,...

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The Fény Street Market is in trouble

The 2nd District Municipality gathers the opinions of the locals on the Internet and in public forums on what the fate of the Fény Street Market should be – hvg.hu...

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The donut festival in Nagykanizsa to be expanded to three days

The donut festival in Nagykanizsa to be expanded to three days and Zalakaros will also host programs as a new venue for the Nagykanizsa National Carnival Donut Festival, which attracts...

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GDPR: more fines, but there are still few well-prepared organizations

The total amount of GDPR fines imposed on companies operating in Hungary exceeded 140 million forints. Most companies violate the principle of personal data processing, which has been penalized 58...

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US economic growth rate was lower than 3 percent last year

The Trump administration did not reach the 3 percent growthtarget for the US economy last year as corporate investment declined even more amid trade tensions. The Department of Commerce’s statistical...

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E-commerce in Romania increased by 22 percent last year

E-commerce in Romania grew 22 percent last year to 4.3 billion euros, according to a report published on Tuesday. It is estimated that last year Romanians made an average of...

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(HU) A fejes káposzta lett a kötelező zöldséghozzávaló a Bocuse döntőn

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Alibaba’s Freshippo sales soar during virus outbreak

While a number of multinational chains including Starbucks, Ikea, Levi’s and Apple are shutting stores, sales are soaring for Alibaba’s fresh-food chain Freshippo in the wake of the coronavirus outbreak....

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Retailers urged to ensure vegan fashion is 100% animal-free

New guidelines have been set to ensure that vegan fashion is really 100 per cent free of animal products. The guidelines, set by the BRC, come after the trade body...

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Groupe Casino Teams Up With Beyond Meat

Groupe Casino has signed an agreement with Beyond Meat, which will see the plant-based producer’s products go on sale at Monoprix, Franprix, Géant and Casino Supermarchés as of February. The...

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Magazin: We shouldn’t turn our backs on plastics

According to Miklós Nagy, secretary general of the Hungarian Association of Packaging and Materials Handling (CSAOSZ), lots of negative information has been circulating in the media about packaging, especially plastic...

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(HU) Benvenuti al Sud! Dél-Olaszország ízei a SIRHA Budapest-en

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According to GKI, the economy may grow by 3-3.5 percent this year

The Hungarian economy expanded last year at around 5 percent, one of the fastest in the European Union. Overall, the October-November data do not yet indicate a slowdown, but the...

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Analysts: earnings outperformed expectations

Earnings surpassed expectations last November, according to analysts interviewed by MTI, and this year is likely to be above 9 percent. Horváth András, senior analyst at the Savings Bank, emphasized...

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Food producer prices have risen well above the average

In December last year, industrial producer prices increased by 2.4 percent year-on-year – the Central Statistical Office (KSH) announced on Monday. Domestic sales prices increased on average by 3.3 percent,...

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Baba appears in a new segment with the Premium Natura Shower Gel

Celebrating its 100th anniversary, Baba is rejuvenating its portfolio – and its target audience – with new shower baths. The new products are shelved under the name Baba Natura and...

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The Purchasing Manager Index decreased in January

The seasonally adjusted January Purchasing Manager Index (PMI) became 52.5. It is lower than the 53.9 of December and it is the fifteenth highest since January 1995, the Hungarian Logistics,...

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Coca-Cola’s revenue increased

The flash report season in the United States continues. Coca-Cola published its figures for the last quarter of 2019 – Világgazdaság Online wrote. The beverage giant was finally able to...

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German retail trade union urges constitutional amendment due to Sunday closing rules

The German constitutional law needs to be amended because of the regulation on Sunday store closure – the head of the Handelsverband Deutschland (HDE) told on a Friday. While online...

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The EU offers duty-free trade to Britain

The EU offers London an agreement on trade free of duty and quotas. This could be the central pillar of the partnership between the Union and Britain, privatbankar.hu quoted EU’s...

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The Mercure Budapest Korona became Hotel of the Year

The Association of Hungarian Travel Agents (MUISZ) has selected the Mercure Budapest Korona as the Hotel of the Year. The 30-year-old hotel will be completely renovated this year, with the...

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The number of tourists in Romania increased, but fewer foreigners arrived last year

In Romania, the number of tourists increased by 3.6 percent last year, but the number of foreigners decreased by 4.1 percent. The number of guest nights spent by all guests...

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The epidemic is a major challenge for tourism

The coronavirus epidemic, which can have economic effects beyond tourism, is a major challenge for tourism – Halmai Péter – university professor told M1 news channel. According to the economist,...

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Flirting with the barist – Video of the day

You know that feeling of butterflies in your stomach when you lock eyes with that cute coffeeshop barista? Comedian and all-around good person Amy Schumer sure does. In this Comedy...

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(HU) FAO: Az intenzívebb időjárási sokkok milliókat életét keserítik meg Afrika déli részén

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Biokontroll: Not everyone passes the test

According to Zsolt Kanyó, the head of Biokontroll Hungária Nonprofit Kft.’s development department, the size of land used for ecological farming is approximately 300,00ha in Hungary – about 6 percent...

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Nordstrom’s in-store resale shop

Nordstrom is the latest department store retailer to tap into one of retail’s fastest-growing markets: previously-owned clothes and accessories. Nordstrom has launched, See You Tomorrow, an online and in-store resale...

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Tech firms including Alibaba donate US$432 million to boost frontline efforts in Hubei province

Thirty information technology and new economy companies, including Alibaba Group Holding, Tencent Holdings and Meituan Dianping, have together donated more than 3 billion yuan (US$432.5 million). Earlier, Country Garden and...

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Dutch supermarkets use “dry mist” to keep fruits and vegetables fresh

Shoppers in the Netherlands have become accustomed to seeing fresh produce shelves covered in a layer of fine ‘dry mist’. But why? To keep fruits and vegetables fresh for longer,...

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Magazine: Supermarkets can use private label products as a weapon

The Private Labels Manufacturers Association (PLMA) has a monthly news programme at PLMALive.eu, called Newsdesk, and our magazine now presents to you the highlights of the October edition. In the...

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