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Good news of the year – Picture of the day
Good news, at least for all taxpayers directly or indirectly involved in the hospitality industry: from now on, you can be part of the efforts of professional advocacy organizations, as...
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Russian discounter Svetofor struggles amid regulatory and competitive pressure
Russian discounter Svetofor, known in Western Europe as Mere and My Price, is under increasing pressure in its home market. Allegations of compliance violations and growing competition from major retailers...
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Márton Nagy: tourism delivered peak performance last year
Tourism has momentum and strength, and we can talk about “peak performances” in 2024 – said Minister of National Economy Márton Nagy at the 32nd Tourism Season Opening Gala in...
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Lidl steps up expansion
Lidl has taken its foot off the brake when it comes to expanding its international store network. The German discounter is focusing its store opening program on countries where it...
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Globus hypermarkets leverage their own production expertise
German Globus hypermarkets are holding their own in a grocery market dominated by price-wars among discounters and large supermarket operators. Despite a consumer shift away from hypermarkets and a low...
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Netrisk: average travel insurance premium increased by five percent year-on-year during the ski season
In the two and a half months since the start of the ski season, the average premium for travel insurance policies taken out by Netrisk was 11,000 forints, which corresponds...
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It turns out that the most strictly controlled food is
In Hungary, tap water is of high quality and continues to be the most strictly controlled food – the Hungarian Water Utilities Association told MTI on Monday. According to the...
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The crisis in orange production is deepening
Orange production in Florida has hit a new low as the industry faces mounting climate and health challenges. The U.S. Department of Agriculture (USDA) predicts that this year’s orange crop...
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Edeka the local supermarket hero of Germany
Independent stores are the lifeblood of the merchant cooperative and German market leader Edeka. Edeka differentiates itself from discount competitors through local sourcing and fresh products. Store designs are tailored...
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OKSZ also fights against inflation
The food retail member companies of the National Trade Association welcome the Ministry of National Economy’s efforts to closely monitor food price developments in order to protect Hungarian families. The...
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Eurospin expands its hybrid discount concept across Southeast Europe
Italian discounter Eurospin is expanding across Southeast Europe. The North-Italian retailer currently is preparing its market entry into Serbia, as local media report. Over the past five years the company...
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Norma – Germany’s last hard discounter
In the shadow of discount giants Lidl and Aldi, the Bavarian family-owned company has been able to grow steadily. A strong focus on regional specialties and an emphasis on private...
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More than 40% of those interested are not eligible for a Workers’ Loan!
Sorry, this entry is only available in HU....
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