News and articles
GVH: margin reduction reduced prices, OKSZ disputes the effect
According to the Hungarian Competition Authority (GVH), the margin cap has been effective, as it contributed to lowering the prices of the affected products. Citing data from the online Price...
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OKSZ has spoken out regarding the extension of the margin freeze
Viktor Orbán announced the extension of the margin freeze. The National Trade Association has drawn attention to the eroding and dispersing effect of margin regulation on the economy on several...
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The government has extended the margin freeze
Viktor Orbán announced in the Facebook group Harcosok Klubja that the government has made another decision on the regulation of margins on food and household goods: the margin freeze will...
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Counterfeit food: a serious health and economic risk
Many people believe that primarily luxury goods are counterfeited, but in reality, any type of food can be affected – from pastries and sweets to pasta, cheese, olive oil, chips,...
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A plastic-free future? This is how biodegradable hygiene products are gaining ground
Disposable diapers may cause a less visible but far more serious environmental problem: the decomposition of traditional products can take up to 300 years. Meanwhile, around 650,000 people in Hungary...
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KSH: investment performance decreased by 8.0 percent compared to a year earlier
The volume of investments in the second quarter of 2025, according to raw data, fell by 8.0 percent compared to the same period of the previous year. Compared to the...
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Pharmaceutical manufacturers can breathe a sigh of relief: the 250 percent punitive tariff in the USA is not coming
Good news has arrived for European – including Hungarian – pharmaceutical manufacturers: according to BBC reports, the U.S. government ultimately does not plan to impose the previously threatened 250 percent...
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Distilling season is starting – these are the things private distillers should pay attention to
With the ripening of fruit, not only the canning season begins, but also the season of distillation. Many people make spirits for their own consumption, but in addition to expertise,...
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MTÜ: almost 800 thousand people participated in the St. Stephen’s Day celebrations in Budapest
According to mobile data, more than 798,000 people with mobile phones participated in the St. Stephen’s Day celebrations on the embankments of Budapest and the surrounding area – 12.5 percent...
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Mall ban adopted: new permit required for operating larger retail stores
On August 18, the Hungarian Official Gazette published the so-called “plazastop” decree, which was submitted by the Minister of Construction, János Lázár. The decision could bring about serious changes in...
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Inflation in Austria accelerated to a more than one-year high in July
Austria’s annual consumer price inflation rose 3.6 percent in July, the fastest since March last year, after a 3.3 percent increase in June, according to final figures from the Austrian...
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Hungary is at the bottom of the EU rankings in terms of financial satisfaction
According to Eurostat data for 2022, Hungary remains in the bottom third of the European Union in terms of financial satisfaction. Hungarians rated their financial situation on average 5.9 points...
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Online course helps develop local tourism
The Educational Application for the Promotion of Rural Tourism has been launched, which helps the economic and social strengthening of small settlements with practical training. The program organized by TanfolyánGURU...
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By 2040, there will be more than 2.4 billion tourists traveling the world
In recent decades, tourism has experienced unprecedented growth: between 1975 and 2019, the number of tourists doubled approximately every fifteen years, and today it exceeds 1.5 billion per year. According...
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Management change and fee adjustment at Mohu after 50 billion losses
Mohu Mol Hulladékgazdálós Zrt. closed last year with a loss of 50 billion forints, after which there was a change of management at the top of the company in August....
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Waberer’s and MVM have agreed on a long-term cooperation
Waberer’s Logistics Segment and the MVM Group have agreed on a new three-year strategic cooperation, based on which a unified, efficient logistics and transport system will be developed in the...
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Labubu fever: a new wave of investment is emerging around collectible figures
There are more and more signs that collectibles and other collectibles are not just a fad, but also an investment opportunity, writes Telex. Canadian billionaire businessman Kevin O’Leary, a well-known...
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A new era in brewing: from rice to mushrooms – the sustainable beer specialties of the future
Brewing and drinking beer is one of the oldest customs of mankind: the first drinks were made thousands of years before our era, and we have been continuously perfecting the...
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Temu and Shein in the crosshairs: Chinese marketplaces could be blacklisted
Chinese online marketplaces – including Temu, Shein, and AliExpress – have completely reshaped consumer habits and disrupted the balance of global retail within just a few years. Now, however, a...
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Auchan hit by another cyberattack
Auchan has been hit by another cyberattack: the French retail chain says the personal data of hundreds of thousands of customers has fallen into unauthorized hands. This is the second...
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Coca-Cola may sell Costa Coffee chain
The Coca-Cola Company is preparing to sell Costa Coffee, Sky News reported. The world’s largest soft drink maker is using investment bank Lazard to explore the future of the British...
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Balaton Tourism Association: Lake Balaton did not close after August 20th
Lake Balaton did not close with the end of the summer season, after August 20th there are still many guests and plenty of programs – the Balaton Tourism Association wrote...
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K&H’s child-friendly office has been renovated
Summer break is paradise for children, while for parents it is often a complex task that requires serious organization. While the little ones enjoy their vacation, adults often have a...
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Lake Balaton tourism: full houses and growing revenues refute claims of decline
According to Zoltán Guller, president of the Hungarian Tourism Agency, it is a recurring phenomenon that rumors about a weak season at Lake Balaton spread every summer. He emphasized that...
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Demand has fallen: Penny discontinues online home delivery in Germany
Penny has announced that it will discontinue its online grocery delivery service in Germany, as customer interest has significantly decreased following the pandemic. The discount chain intends to focus entirely...
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New insecticides can be used to protect against the American grapevine cicada
The National Food Chain Safety Authority (Nébih) has granted an emergency permit for the post-harvest application of the insecticides Karate Zeon 5 CS and Klartan 24 EW to help protect...
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All Czech schools will be required to provide free sanitary pads
Starting in January, Czech educational institutions will be required to provide free sanitary pads in all restrooms used by girls over the age of nine, as well as in all...
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Luxury vacations: these are the world’s most expensive travel destinations
The demand for exclusive experiences and premium services remains strong in the upper segment of tourism. The wealthiest travelers are looking for destinations where the beauty of nature meets the...
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NAK: village economists prepare farm transfer applications for free
The National Chamber of Agriculture and Food is helping its members with a new service: village economists prepare applications supporting farm transfer cooperation for free, submit payment applications and also...
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An 11 percent increase in wealth sounds good, but according to Blochamps, it’s only the happiness of a narrow elite
According to Blochamps Capital, the central bank’s recent report is misleading to the casual observer: the annual wealth growth of over 11 percent actually reflects the wealth growth of the...
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