Company and Personal News
Most old companies operate in Japan
Japan is a truly a two-faced country, because it is highly developed technologically, on the one hand, and at the same time, its citizens respect the traditions of their ancestors,...
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Global advertisement expands with 3.9 percent this year
“The communications landscape is changing all the time and we help clients navigate this complexity, helping them connect their brands with audiences using creativity, insight, planning, strategy and data to...
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The Hungarian Mineral Water, Fruit Juice and Soft Drinks Association supports the recovery and recycling of beverage packaging
The Hungarian Mineral Water, Fruit Juice and Soft Drinks Association and our affiliates support all government initiatives that allow plastic and aluminum bottles to be recycled as much as possible...
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The first half of the decade may see further growth in the corrugated board industry
According to a study, the corrugated board industry is facing huge growth, rising from 262.2 billion USD to 339.9 billion USD over five years. In addition to various global economic...
Read moreThe European Commission has improved its forecast for Hungarian GDP growth in 2020
The European Commission has revised its forecast for the Hungarian gross domestic product (GDP) growth in 2020. Brussels estimates that economic growth in Hungary is expected to be 3.2 percent...
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Leasing of labor is a stable solution according to the trade union
Temporary employment is the most widespread form of atypical employment. While in a typical employment relationship, one employer can easily dismiss the staff, with 50 to 100 partners providing solution...
Read moreMNB: rising fuel and food prices pushed up inflation in January
The rise in inflation is mainly explained by the rise in fuel and food prices – the National Bank of Hungary (MNB) said in its comment on January inflation data....
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The IV. district opens new store in Lidl
Lidl will open another store in the capital’s 4th district – origo wrote. The new unit will open next to the OBI DIY store on Görgey Arthur Street, where a...
Read moreITM aims to make Hungary a strong innovator country
Decisions made in recent months will help Hungary become a strong innovator, Gulyás Tibor, deputy State Secretary of the Ministry of Innovation and Technology (ITM) emphasized at a joint press...
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We reach into our pockets when it comes to dogs raising 13 million HUF for needy dogs
The Cofidis Dog Eye program has created an extraordinary social partnership, with more than 5,000 people donating nearly 13 million HIF to support dogs in need. We are one of...
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(HU) Új üzletágvezetőkkel erősít az SAP Magyarországon
SAP strengthens with new business leaders in Hungary The SAP Hungary Kft. has appointed new professional executives to head the service, consulting business and the financial-insurance sector. In the future,...
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French entrepreneurs are developing vegan eggs with shells
A French vegan brand, Les Merveilloeufs, is working on a plant-based alternative to hen eggs. Its component is that it will consist of legumes – origo wrote after Livekindly.co. Two...
Read moreThe EU Council adopts new VAT rules for e-commerce and small businesses
The Economic and Financial Affairs Council of the European Union (ECOFIN) has adopted new rules to facilitate the detection of VAT fraud in cross-border e-commerce and simplified the VAT rules...
Read moreAnnual inflation in Romania was 3.6 percent in January
In January, Romanian inflation was 3.6 percent higher than in the first month of last year, the Romanian National Institute of Statistics announced. The increase in consumer prices was mainly...
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Coca‑Cola moves to 50% recycled plastic in its ‘on-the-go’ packs
As part of our journey towards a World Without Waste, in partnership with Coca‑Cola Ireland, today we announced that all of our 500ml packs and smaller are now being made...
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New sustainability goals by Procter & Gamble
Just this week, P&G’s Family Care brands set new industry-leading commitments for their paper products to protect, grow, and restore forests globally. These new commitments span all P&G Family Care...
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Magazine: Innovation summit on personalised nutrition
New knowledge and technologies make it possible for food companies to personalise food products – participants learned at the ‘Newtrition X’ conference, organised by the foodRegio association within the framework...
Read moreKSH: agricultural output stagnated last year
Agricultural production was down 0.3 percent from the previous year due to a 1.7 percent growth in the livestock sector and a decline in crop and horticultural products. The 3.2...
Read moreAnalysts have positively surprised with Q4 GDP
Last year’s fourth-quarter GDP figures gave a positive surprise, according to analysts reporting to MTI, but the slowdown is expected to continue this year. According to the first estimate released...
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MNB: Households’ net wealth exceeded 108 percent of the GDP at the end of 2019
Households’ net financial assets increased by 11.7 percent last year to 50,932 billion HUF at the end of the year. Households’ financial assets totaled 61,161 billion HUF, accounting for 130.8...
Read moreThe Minister of Agriculture calls for the development of practical solutions to climate change
Climate change is changing, along with environmental, economic and social challenges, all of which require the development of practical solutions – Nagy István, Minister of Agriculture said at the opening...
Read moreEY: the number of cyber attacks can be increased by introducing an instant payment system
After eight months of postponement, the Immediate Payment System (AFR) will be launched in Hungary in early March. With the introduction, new types of frauds can be expected. For example,...
Read moreConsumer sentiment in the United States improved in February
Instead of the deterioration expected by analysts, consumer sentiment in the United States improved in February, according to a standard monthly survey by the University of Michigan. According to preliminary...
Read moreInflation growth in the Czech Republic accelerated
Annual inflation in the Czech Republic accelerated to 3.6 percent in January from the 3.2 percent of December, the Czech Statistical Office (CSU) announced in Prague on Friday. This is...
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Nestlé reports full-year results for 2019
Organic growth of 3.5%, with real internal growth (RIG) of 2.9% and pricing of 0.6%. Growth was supported by strong momentum in the United States and Purina PetCare globally. Total...
Read moreKSH: gross domestic product increased by 4.9 percent in 2019
Last year, gross domestic product (GDP) grew by 4.9 percent year-on-year, according to the first estimate of the Central Statistical Office (KSH) published on Friday. Annual GDP growth was 4.3...
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The changes in the fisheries sector are successful
Based on experience and feedback, the changes in the fishery sector have been successful, and over the past few years the number of anglers has increased by more than 150,000...
Read moreAM: 2021will be a transitional period for EU agricultural support
There will be a transition period next year for EU agricultural subsidies, while the new Common Agricultural Policy (CAP) will be governed by the regulation for the 2014-2020 period for...
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Tesco was awarded the Investor of the Year award
The Tesco Business and Technology Services Center is recognized by the National Investment Agency (HIPA). Ésik Róbert, CEO of the National Investment Agency; Pártos Zsolt, Managing Director of Tesco Magyarország;...
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Mastercard has increased its Valentine’s Day spending in Hungary by 1.5 times over 3 years
Valentine’s Day spending increased by 17 percent and pre-purchase purchases by more than 30 percent over the last three years, according to a study based on data from 53 countries....
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