News and articles
Annual Costs From Climate Change Set To Total €35 Trillion
A study by the Potsdam Institute for Climate Impact Research (PIK) has estimated that the global economy faces approximately $38 trillion (€35.61 trillion) in damages each year due to the...
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MyPrice (Mere) faces problems with Belgian expansion
Russian discounter MyPrice‘s jubilant announcement that the opening of a fourth and fifth Belgian store was imminent, was more than a little premature. Both stores face unforeseen problems: the Antwerp...
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Pepsi debuts limited-edition peach and lime flavors for summer
The sodas, which are targeted toward consumers grilling outdoors, further the beverage giant’s strategy to pair its colas with certain foods and occasions. Pepsi is rolling out limited-edition peach and lime...
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KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed full-time was HUF 605,400, and the net average earnings calculated with discounts taken into account was HUF 417,100. The gross...
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K&H youth index: Young people do not feel their jobs are stable
According to the K&H youth index, the proportion of young people who considered their jobs stable in the first quarter of this year was 47 percent, which is a relatively...
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Tesco is introducing cheaper own-brand products in its Expressz stores
Tesco is introducing cheaper own-brand products in its Expressz stores in response to rising living costs and changing customer behaviour. The supermarket chain is replacing more than 50 products in...
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Diageo was the main sponsor of the domestic round of the Young Cannes Lions international creative competition
This year, Diageo was also the main sponsor of the domestic round of the Young Cannes Lions international creative competition, where young talents from the marketing communication and advertising professions...
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This year, the BME welcomes young people who are about to choose a career with a number of programs
The Budapest University of Technology and Economics (BME) will once again join the national career guidance event called Girls’ Day: on Thursday, the six faculties of the university welcome those...
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Fruit Logistica attracts industry leaders from around the world
Fruit Logistica, the world’s leading trade fair for the fruit and vegetable industry, set a new record this year in Berlin: between 7 and 9 February 2024, buyers and trade...
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NGM: the lives of families are significantly affected by food and health expenses and fuel prices
According to the surveys, the most significant expenses of the population, in addition to food and health expenses, are fuel expenses. This means that in the case of the population,...
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The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National Economy on April 22, looking at the first quarter of 2024, it can be established that in the first three...
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Fish production in Hungary: the industry is struggling with a growing labor shortage
Despite low feed prices and good water levels, the Hungarian fish production sector still faces many challenges. The main problems include low support, lack of development, declining consumption and chronic...
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Artificial intelligence in winemaking: new technology is changing the way wine is made
Artificial intelligence is revolutionizing American winemaking, enabling remote monitoring of vineyards and optimization of the winemaking process. Although critics argue that this technology takes away the human nature of winemaking,...
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Due to Vinted’s action, FoxPost’s service became unusable
FoxPost’s parcel delivery service has faced serious challenges in recent days as a result of the free delivery campaign of the Vinted online marketplace. FoxPost’s machines became almost unusable as...
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Tesco is making good progress with the sustainability project
Tesco is committed to sustainable operations and has set ambitious goals to achieve complete carbon neutrality in its own operations by 2035, and net zero emissions in its supply chain...
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Lidl confirmed a new chef
Michelin Young Chef award winner Jani Mizsei, MÁK chef, replaces Michelin-starred chef Tamás Széll, who is leaving Lidl after 10 years, in the Lidl Kitchen. At the same time, the...
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The new gold mine: bubble tea
In recent years, bubble tea or “bubble tea” has gained enormous popularity worldwide. This drink of Taiwanese origin already has a significant economic impact in China, and has made several...
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Treasures of Regions – domestic delicacies on the shelves of SPAR
SPAR Hungary helps domestic small producers to enter the market with the Treasures of the Regions program, within the framework of which more than 500 products produced by domestic companies...
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Eco tomatoes are coming again at Lidl
From April 25th and May 2nd, the Hungarian landscape variety, organic tomato seedlings of the Ecological Agricultural Research Institute will once again be available in Lidl Hungary’s store network. Lidl...
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It was revealed how much Tesco’s first person earns
The CEO of Tesco, Ken Murphy, will receive a record salary of 10 million pounds (~4.6 billion forints) this year, which consists of base salary and performance-based benefits. Retail Gazette...
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Plant-based meat substitutes need new messages in 2024
Sales of the category, which initially exploded due to a number of factors, slowed down last year. This article is available for reading in Trade magazin 2024/4 Since the sector’s...
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The price increase at Lake Balaton is drastic
The prices of accommodation around Lake Balaton have increased by an average of 10% this year compared to the previous year, but the most popular settlements have experienced much higher...
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Fruit growers cannot rest completely yet
By the second half of April, the flowering of fruit trees in Hungary has finished, indicating that nature is significantly ahead compared to previous years. As a result of the...
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Szent György-hegyi wine days: it is worth developing in the natural environment with small steps, in a landscape-specific way
It is worthwhile to carry out developments that match the landscape with small steps, in a manner consistent with the landscape, paying attention to how the environment reacts to this...
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A subsidy program to strengthen tourism competitiveness is launched with a budget of 15 billion
A support program to strengthen the competitiveness of players in the tourism sector is being launched: the most important goal of the complex, three-pillar 15 billion HUF support program package...
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Eleven new stores to back Mercadona’s growth in Portugal
Spanish retailer Mercadona plans to open 11 new stores in Portugal in 2024, increasing its presence in the country. The expansion would bring the chain’s total number of stores to...
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Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to employers in the financial and accounting sector. Finding and hiring the right specialist is only the initial step for employers....
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The import of fresh eggs increased by 71 percent
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 68 percent to 9,000 tons in January 2024 compared to the same month of...
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Atmedia presents itself with a completely new image
At the Digital-Media Hungary conference, Hungary’s market-leading multimedia trading house, Atmedia, appeared with a completely renewed image after 15 years. The purpose of the development was to follow the strategic...
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Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a majority stake in dairy product producer Verde Campo from Coca-Cola in the state of Minas Gerais, subject to approval by...
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