Company and Personal News
Euro zone inflation was 2.4 percent in April as well after March
In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...
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The Hungarian Marketing Association elected new board members
The defining organization of the profession, the Hungarian Marketing Association (MMSZ), organized its renewal general meeting on May 15 in Haris Park, at which the members elected an expanded, now...
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An all-around convincing performance by this year’s EuroCIS
This year’s EuroCIS – the leading trade fair for the retail technology industry – was a big success. This article is available for reading in Trade magazin 2024/5 The trade...
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NGM: handed over high-tech developments to Fábián Gergely Sárvár
Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...
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Mihály Varga: the economy is entering a phase of intensive development
Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...
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Sustainable Hungarian cleaning products have arrived on the shelves of Auchan
CYCLE’s commitment to a sustainable lifestyle is rising to a new level, as its eco-friendly cleaning products will be distributed nationwide in Auchan stores from May. More and more people...
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“The fan is in you!” – MOL launches a campaign supporting the Hungarian national football team
Laci Lukács, Panni Epres, Peti Marics and MOL support the Hungarian national team together: the stars encourage the players with their personal vows and encourage the fans to do the...
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Continental’s Budapest factory received the “Reliable Employer” award
This year, the German-Hungarian Chamber of Industry and Commerce (DUIHK) awarded Continental Automotive Hungary Kft., the Budapest site of Continental, with the title of “Reliable Employer” – which was won...
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Beyond Meat expands into Co-op in the UK
Beyond Meat’s plant-based alternatives are now available in 800 Co-op stores across the UK. The meat-free vegan brand’s products are available in the convenience chain’s frozen food section nationwide. Beyond...
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In Austria, inflation slowed down in April
The rate of annual growth of consumer prices in Austria fell to 3.5 percent, the lowest since September 2021, in April following the previous month’s 4.1 percent, in accordance with...
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Graboplast: focus on new developments after stable results
Despite the increasing price competition and the challenging economic environment, Graboplast achieved a stable result in 2023, after closing last year with sales revenue of HUF 20.3 billion. The leading...
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KPMG is testing AI as a compliance specialist helping the work of consultants
Hungarian for Innovation organized by the Joint Venture Association (JVSZ). At the conference, a KPMG Hungary employee reported on their experiment, in the framework of which they supported the process...
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Sweden’s Essity Invests In New Research And Development Centre
Swedish hygiene products maker Essity is investing in a new research and development centre in Alsace, France, that will focus on tissue hygiene products. Essity seeks to develop new methods...
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The AutoWallis Group’s sales of new and used vehicles in the retail trade increased above the market average in the first quarter
The sales revenue of the AutoWallis Group’s retail business increased by 9 percent above the market average in the first quarter, while the company organized its mobility-related services, which were...
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Tesco teams up with suppliers to tackle hygiene poverty
Tesco has again joined forced with its suppliers from well-known household brands such as Andrex, Aquafresh, Bodyform, Radox, Sure and Wilkinson Sword to distribute millions of personal care items to...
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The European Union started the year with significant growth and a decrease in inflation
According to the latest report of the European Commission, at the beginning of 2024, the economy of the European Union began to grow at a surprisingly fast pace, while inflation...
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NGM State Secretary: the restoration of consumption and the credit market is among the most important economic policy goals
The state secretary responsible for economic strategy, financial resources and macroeconomic analysis of the Ministry of National Economy (NGM) listed the restoration of consumption and the credit market, the resumption...
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Coface: Minimal GDP growth in the region, insolvency also increased
As a result of the economic downturn, the number of corporate insolvencies – i.e. liquidation and bankruptcy proceedings – increased dramatically in Central and Eastern European (CEE) countries during the...
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Auchan is having a festival
During the Whitsun weekend, Auchan will set up shop for the Jazzy Festival, and in the summer for EFOTT. In the former, it will be present with a wine stand...
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The barbecue season has started at Lidl
In last year’s grilling season, Lidl Hungary significantly increased the number of grill products sold by almost a third. The company is counting on further expansion, as this season the...
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PICK encourages you to cheer together this summer as well
In 2024, during the summer football sports events, PICK is the official cooperating partner of the Hungarian Football Association, the Hungarian men’s national football team, and András Schäfer’s national football...
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We are buying furniture more and more environmentally conscious – JYSK presented its spring-summer collection
In addition to Scandinavian cosiness and functionality, beautiful colors, modern shapes, natural and sustainable materials return to the JYSK spring-summer range. Line Skaaning Lindskov, professional manager of JYSK Range &...
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The missing workforce – Lawyers from PwC Legal, Dr László Szűcs and Dr Melinda Molnár were the guests of Chain Bridge Club
At the end of December, a new law on the entry and residence of third-country nationals was passed. Then we had to wait another two months for detailed procedural rules,...
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Carlsberg and Erdinger celebrate the legendary head coach of Liverpool FC with a limited edition beer collection
To mark the departure of legendary Liverpool FC manager Jürgen Klopp, Carlsberg has teamed up with ERDINGER Weissbräu to release a limited-edition celebratory beer – with a bottle for each...
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Zoltán Eszéki continues at FCB
At the end of February 2024, Zoltán Eszéki, the commercial director of Heineken Hungária at the time, said goodbye to a rather long career in beer, which started in 2006,...
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Above Budapest is one of the most prestigious champagnes in the world
The White Raven Skybar & Lounge and the Laurent Perrier Champagne House have entered into a very special agreement with Budapest’s unique recreation and gastronomic experience. According to this, one...
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The Court of the Union struck a hole in our tax procedure rules
According to the decision made by the Court of Justice of the European Union on May 16, 2024 (C-746/22), the Hungarian rule that does not allow foreign taxpayers in VAT...
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The popular fashion brand filed for bankruptcy
The German clothing brand Esprit announced on Wednesday that it will be subject to bankruptcy proceedings, which were initiated at the Düsseldorf court. According to the announcement, about 1,500 employees...
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Bamboo milk could replace cow’s milk
A new study published in Trends in Food Science & Technology outlines the potential of bamboo as a key raw material to feed the world’s growing population. This article is...
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The government stands by the grape growers and the winemakers
There are enough challenges in the grape and wine sector, but the Hungarian government stands by the producers and the winemakers, as it has so far and will continue to...
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