Company and Personal News
The DS Smith Packaging Hungary Kft. started production of paper pallets
The DS Smith Packaging Hungary Kft., a developer of packaging materials, developed a paper pallet and a related product line, as well as the technology needed for its production from...
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The rate of increase in consumer prices in the euro area slowed down in July
Consumer price growth in the euro area slowed to a seventeen-month low in July. According to the preliminary data released by the European Union Bureau of Statistics (Eurostat) on Wednesday,...
Read moreThe US-China trade war can hold back world trade
DHL’s Global Trade Barometer expects global trade to decline in the coming period – piacesprofit.hu wrote. Traffic is also declining in the air and maritime trade. Due to the growing...
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VPK Packaging Salonta is 10 years old
VPK Packaging has been present in the Romanian market for 10 years. On 17 May 2019 the company invited partners to Double Tree by Hilton in Oradea, to celebrate the anniversary. Dirk...
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Sirha Budapest: Almost half of the exhibition space is already booked
The next Sirha Budapest trade show will take place on 4-6 February 2020. It perfectly shows the significance of the Budapest event that already about100 companies have booked 5,000m² of exhibition...
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UPS coming up with drones
The delivery giant is done experimenting and is petitioning the FAA for the right to launch revenue-generating drone flights without today’s restrictions. If UPS gets its way, it’ll be known...
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LG rolling out HomeKit and AirPlay 2 support
After initially slating a July 25 date to enable HomeKit and AirPlay 2 support for some of its 2019 TVs, LG has officially started rolling out software updates for its...
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Magazine: The land of milk and…milk drinks!
The milk drink market is booming: sales have been growing by two-digit numbers for years, driven by iced coffees – but sales of flavoured milk drinks also increased. Mária Tell-Prantner,...
Read moreBeer Association: 2.4 percent less beer was sold in the first half of the year
Beer consumption decreased in Hungary in the first half of the year, according to the president of the Hungarian Brewers’ Association, mainly due to the cooler weather. In the first...
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KSH: double-digit earnings growth again in May
In May, gross and net average earnings were 11.2 percent higher than a year before. After the 9.0 percent growth in April a double-digit growth occured in May. Excluding the...
Read moreEY: Hungarians are open to digital technology
Hungarians using the Internet are the most open to applying digital solutions in the Central and Eastern European region – according to a study by EY, an international audit and...
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The deadline for paying the first installment of the Food Chain Supervision Fee expires on Wednesday
According to the notice of Nébih sent to MTI, in order to ensure smooth administration, it is important to include the taxpayer / identification number of the payer on the...
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KSH: unemployment fell to 3.3 percent in the second quarter
In April-June, the average number of unemployed was 155,000, and the unemployment rate was 3.3 percent, a new record after the 3.4 percent of a month before. The indicators of...
Read moreTesco: home delivery is getting more expensive
Tesco charges an additional 750 HUF in addition to the standard delivery fee for online orders below 10,000 HUF. The change will come into effect on August 1 – origo...
Read moreMore than 70 thousand packs of cigarettes were seized by NAV in Komárom-Esztergom County
More than 70,000 packs of cigarettes were seized by the investigators of the National Tax and Customs Administration (NAV) in Komárom-Esztergom County in two rented vans. The value of the...
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The economic climate in the euro area is at its lowest for three and a half years
Economic sentiment in the euro area fell to a three-and-a-half-year low in July, and the business climate indicator reached a six-year low, according to a report released on Tuesday by...
Read moreConsumer sentiment in Germany is at a two and a half year low,
GfK’s German consumer sentiment index for August decreased to a two-and-a-half-year low. According to a report released by GfK on Tuesday, the consumer sentiment index fell to 9.7 points in...
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Natural disasters caused less than average annual damage in the first half of the year
Natural disasters have caused less than average annual damage in the first half of the year – according to a survey released on Tuesday. The world’s largest reinsurer, the German...
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Motor fuels of the future and freight forwarding were in the centre of attention
On 30-31 May the drvingcamp centre was the venue of this year’s Innovation Days, where all the important players from the sector were present, courtesy of Shell Hungary Zrt., to...
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LG with a record revenue
— LG Electronics Inc. (LG) today announced record second quarter and first half revenues with consolidated sales of KRW 15.63 trillion (USD 13.40 billion) and operating profit of KRW 652.3...
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In harmony with nature – in biscuit production too
Mondelez International expands its sustainability programme further: there are already 1,700 farmers from 7 European countries participating in the Harmony project. The company’s goal is to supply each of its European...
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Magazine: Ecommerce Summit 2019: Online shopping is the future
Ecommerce Hungary has organised its annual two-day conference, which is now called Hungarian Ecommerce Summit, in Visegrád for the 16th time. Another new idea from the organisers was inviting experts...
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The price of melon has fallen
This year, the dometic watermelon season started around 10 -11 July at the chain of stores in Hungary. The season started with prices around 250-300 forints per kilogramme, but now...
Read moreThe winter wheat harvest is nearing its end
90 percent of winter wheat has already been harvested, yielding around 5.25 tonnes per hectare nationwide – the Minister of State of the Ministry of Agriculture said in Szeged-Szőreg on...
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Nébih is conducting a national food consumption survey
The National Food Chain Safety Authority (Nébih), is conducting a survey on Hungarian food consumption habits with the participation of about 2,700 people. The Authority is now waiting for further...
Read moreBeekeeping at ABB for data analysis
ABB’s Krakow-based Corporate Research Center holds bees in beehives on the roof of the building, not just to improve the city’s environmental condition, but also to test computer algorithms. Many...
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Analysts: it is hard to mobilize labor reserves
Remaining labor market reserves are now very difficult to mobilize, and unemployment can only be reduced very slowly – analysts told MTI commenting on the latest data released by the...
Read moreTesco takes action against food waste
One of Tesco’s most important efforts is to reduce food waste – accordint to the company’s press release. A daily food rescue program is already operating in 173 out of...
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The SPAR Lifestyle Program continues to expand
Customers are increasingly welcomed by SPAR’s Healthy Living initiative, which will be enriched with new elements this year. In addition to compiling a new recipe and lifestyle guide or sponsoring...
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