Company and Personal News
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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KSH: employment continued to grow in the second quarter
The average number of employees in the April-June period was 4 million 511,000, u 36,000 more than a year before. The average number of employees also exceeded 4.5 million in...
Read moreA granary is being built in Békés County
The Bucsa-based Indiancorn Kft. is building a grain cleaner and seed storage facility on the outskirts of the city for more than one hundred million forints – beol.hu wrote. Thanks...
Read moreCsányi Sándor’s wine company in Villány has made a huge capital increase
The Csányi Pincészet Zrt. increased its registered capital by 1.57 billion HUF to 3.45 billion HUF, according to official information published in the company bulletin. The Csányi Winery closed 2018...
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New calls for proposals in the Hungarian Village Program
The government is launching four new calls for proposals in the Hungarian Village program worth nine billion forints – the Commissioner responsible for the development of modern settlements announced at...
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Clinical studies: They make you buy consciously
Did you know that every 2 seconds we must make a decision? Since we spend more than 1 hour a day with eating, it would be logical if our food...
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(HU) Erősebb, büszkébb és színesebb – Megújul a Cinzano Vermouth
Last month, Gruppo Campari used the 260th anniversary of Cinzano to mark the start of a new era for the vermouth and sparkling wine brand. Lucy Britner was in Turin...
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Magazine: That ‘Hollywood smile’ isn’t only for the stars anymore!
Csilla Hódos, retail marketing manager of Colgate-Palmolive Kft. told Trade magazin that a premiumisation process is going on in every category of the oral care market. Orbico Hungary Kft.’s trade...
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Cheerful statistics, gloomy expectations
According to April-May data, the growth rate of the Hungarian economy started to slow down in the second quarter compared to the record high dynamism of the first quarter. However,...
Read moreHungary is a major exporter of sour cherries
One third of the world’s sour cherries are produced by the EU, with nearly 80 percent produced by Poland, Hungary and Germany – magro.hu reports. Hungary is the world’s largest...
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The Chamber of Agriculture should bring food production closer to the people
In the future, the industrial character of food production will be further strengthened, but at the same time it should be brought closer to the people. It is one of...
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The amount of food thrown away may increase in the coming years
According to a report by the Boston Consulting Group, the amount of food thrown away will increase by 1.9 percent worldwide by 2030 – piacesprofit.hu wrote. The problem in developed...
Read moreKATA and KIVA are becoming increasingly popular
The number of self-employed persons in Hungary is constantly increasing. More and more people are opting for tax treatment that is favorable at European level, and the number of KATA...
Read moreThe WWF warns about proper water management
The impact of climate change can be felt more and more. According to a new report from the WWF, the inadequate water management practice in EU member states further exacerbates...
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Robotization in harvest
Agriculture is one of the industries that is able to take full advantage of the development of robotization. Daily Star reports that from Belgium to England and Japan, farmers are...
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The GVH has authorized Media Markt to take over the electronics division of Tesco in Győr
The Hungarian Competition Authority (GVH) has authorized the Media Markt Kft. to take over the electronics department of Tesco in Győr – the authority told MTI on Friday. According to...
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