News and articles
Within weeks, billions of euros in support will open up for companies starting to invest in green
The next application round of the European Commission’s Innovation Fund is expected to open in November this year with a budget of more than 3 billion euros. Businesses starting a...
Read more
NGM: the popularity of the SZÉP card continued to grow in the summer
The results of the year 2024 also confirm that the SZÉP card plays a prominent role in the financial toolbox of Hungarian families, supporting their carefree rest, while also strengthening...
Read more
A challenging market: why is it difficult to sustainably grow sweet potatoes in Hungary?
Although the popularity of sweet potatoes and the demand for them are constantly growing in Hungary, the domestic supply is not able to fully satisfy the needs. As a result,...
Read more
Coca-Cola Hungary’s #énjövőm platform has published educational materials for developing resilience
Flexibility and adaptability are key in both work and private life. The just-published free learning materials of Coca-Cola Hungary’s #énjövőm program help users to strengthen these essential skills. Resilience, or...
Read more
Primary producers can create their own official certificate
With the development of Nébih, starting this year, farmers can obtain the official certificate certifying primary producer activity from the electronic primary producer register (e-ŐCSI) with a few clicks of...
Read more
The organizers of the GLAMOR days and Access4you are launching a joint program for more barrier-free shopping
Sorry, this entry is only available in HU....
Read more
Lucart received a maximum score for environmental protection from EcoVadis
For the third year in a row, the Italian paper company Lucart, which has a plant in Nyergesújfalu in Hungary, won the platinum rating from the independent agency EcoVadis. Platinum...
Read more
Carrots are expensive in Poland due to the poor harvest
In October, there was a significant price increase on the carrot market in Poland, after the Central Statistical Office (GUS) revised downwards its forecasts for this year’s crop Agrárszektor writes....
Read more
Dramatic rise in cyberattacks: The Schwarz Group’s response
In 2023, the German economy was severely affected by cyber attacks, which caused nearly 300 billion euros in damage. The Schwarz Group, owner of the Lidl and Kaufland grocery chains,...
Read more
K&H: young people seem more pessimistic when it comes to their salary
Among working young people, eight out of ten expect to receive a higher salary in the next period. At the same time, almost six out of ten, i.e. 58 percent...
Read more
Penny invests into urban convenience
German discounter Penny is modernizing its store segment of small, urban discount stores. Updating towards a stronger convenience-oriented concept avoids a direct confrontation with channel leaders Lidl and Aldi. The...
Read more
The company founded by the Hungarian 77 Elektronika Group started production in China
The 100% domestically owned 77 Elektronika Group, which develops and manufactures medical electronics products, made the first Hungarian investment in the machinery industry in China. In the future, the high-tech...
Read more
Sales of Fairtrade products increased in Germany
Sales of Fairtrade products in Germany increased by 3% in the first half of 2024 compared to the same period last year, according to Fairtrade Deutschland Association. Banana, flowers and...
Read more
Moët Hennessy invests in nonalcoholic champagne brand
The luxury beverage maker’s partnership comes after it reported declining revenue in the sparkling wine category in the first half of 2024. Moët Hennessy announced a significant minority investment in French...
Read more
NGM: the review of Airbnb regulations will only affect Budapest
In connection with the announcement made by the 26 tourism organizations, the Ministry of National Economy (NGM) states that a housing problem has developed in Budapest, which particularly affects young...
Read more
Russia’s X5 Retail Group Highlights Worker Shortage As Key Challenge
Labour shortages will be a major challenge for Russia’s largest food retailer X5 in the next decade, CEO Igor Shekhterman said, as he forecast sharp business growth over the next...
Read more
KSH: retail turnover increased by 4.1 percent in August compared to the same period of the previous year
According to the raw data, the volume of retail sales in August increased by 3.2 percent, and adjusted for the calendar effect by 4.1 percent compared to the same period...
Read more
The expansion of consumption has been unbroken for eight months, the growth of retail turnover accelerated to 4.1 percent in August
Based on the latest data from the Central Statistical Office (KSH), the trend of expansion of retail sales since January continued in August 2024, the Ministry of National Economy (NGM)...
Read more
10,500 school children received school supplies from the Auchan collection
10,500 children were able to start this school year with appropriate equipment thanks to the collection of Auchan and the National Association of Large Families (NOE). Customers donated more than...
Read more
The collaboration between PENNY and Ricsi Farkas is already in full swing
PENNY Hungary reached an important milestone in 2024, as their collaboration with chef Richárd Farkas opened up new directions in the intertwining of gastronomy and retail. With his commitment to...
Read more
K&H: they took out insurance for the micromobility devices for slightly more than HUF 6,000 per year
Since the introduction of mandatory insurance for micromobility devices, K&H has signed contracts for almost 6,500 such vehicles, including scooters, the financial institution announced. The average price of insurance is...
Read more
Road to “economic neutrality”: service exports
Analysts regularly deal with Hungary’s foreign trade balance and its impact on the economy, but mostly the product foreign trade balance is discussed. At the same time, it is also...
Read more
There are more professionals performing physical work available on the labor market
Sorry, this entry is only available in HU....
Read more
Small and medium-sized enterprises have an important role to play in economic recovery
In the coming years, small and medium-sized enterprises (SMEs) will play an important role in economic recovery, and the government is therefore opening up new financing opportunities for them –...
Read more
Lidl Switzerland exported 3,000 tonnes of cheese last year
Lidl Switzerland exported more than 3,000 tonnes of cheese in 2023, accounting for around 5% of Switzerland’s European cheese exports. Despite a general decline in Swiss cheese exports, Lidl’s sales...
Read more
Organic or non-organic? – Don’t be afraid to ask!
It is the joint effort of the Union and the Hungarian government to increase the proportion of organic farming within agriculture as high as possible. Accordingly, more and more places...
Read more
NIVEA® Q10 Anti-Wrinkle Expert Double Effect Serum
Its innovative formula reduces the visibility of deep wrinkles with high-concentration pure Q10. Prevents the formation of new wrinkles with anti-glycation technology, protecting the skin from damage caused by glycation....
Read more
Nébih: the distributor recalled a picking shovel with holes
Due to the release of primary aromatic amines, HOUSEHOLD DEPO Kft. recalled a pick shovel with holes from the market – the National Food Chain Safety Office (Nébih) drew attention...
Read more
Amazon launches climate label in Belgium and Sweden
Amazon is expanding its “Climate Pledge Friendly” to Belgium and Sweden, making it easier for customers to filter searches to highlight products with sustainable features. The new label, in the...
Read more
Seven & I in talks over the sale of its supermarket business
Japan’s Seven & I Holdings has approached private equity funds and other parties about a potential sale of its Ito-Yokado stores and supermarkets, Bloomberg News reported, citing people familiar with...
Read more
