Company and Personal News

NGM: the Gábor Baross Reindustrialization Loan Program remains a huge success

In order to strengthen Hungarian businesses and increase their performance, the government decided at the end of 2023 to extend the Gábor Baross Re-Industry Loan Program by providing an additional...

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Hagyó Kft. from Miskolc may develop distillation technology

Miskolc-based Hagyó Kft., which designs, manufactures and implements winemaking, brandy-making and fruit-processing equipment, can develop distillate-making technology with more than HUF 360 million, the company told MTI. According to the...

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Catch of the day – Aldi offers some products at half price

Aldi Hungary is introducing a new measure in all of its stores in Hungary under the slogan “Catch of the day”. In the display bakeries, you can buy bagged baked...

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4-year-old Kifli is celebrating by reducing the minimum order value

While blowing out the candles on the fourth birthday cake at Kifli, they wish everyone to get the Kifli experience. In order to spread the joy of fresh, quality food...

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Lidl Hungary won the Top Employer award again this year

The independent “Top Employers Institute” awards the world’s best employers every year. This year, for the third time in a row, Lidl Hungary was included in the list of companies...

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Wolt’s annual summary: Hungarians order cheeseburgers at home

Over the past year, Wolt, one of Hungary’s leading food ordering platforms, has provided a number of interesting statistics on user habits and annual food trends. The data revealed that...

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Red Bull ends an outstandingly good year

Red Bull, the Austrian-based energy drink company, closed last year after an exceptional year, with significant growth and record sales. Last year, the company crossed the 10 billion euro turnover...

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Czech Packeta is expanding with new owners

The consortium of the Luxembourg-based global fund manager CVC Capital Partners and the Czech Emma Capital will buy the Czech Packeta Group, which also has strong positions in the Hungarian...

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Pepco warns: supply may be interrupted

Global supply chains are faced with another challenge by the crisis in the Red Sea region, the consequences of which are already being felt in the case of the Hungarian...

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New financial director at the head of Media Markt Hungary

From January 2024, Mariann Ribár will replace Éva Posan as the financial director of Media Markt Hungary. Éva Posan continues her professional duties in Austria as the financial director of...

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Auchan will raise wages between 12.5 and 21.3 percent from January

Auchan will raise the salaries of manual workers in its stores between 12.5 and 21.3 percent from January 1, the company informed MTI on Wednesday. In store positions that do...

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Netflix works with a retail chain

French supermarket chain Carrefour and streaming platform Netflix are testing a new subscription program together called Carrefour Plus. The pilot program is currently available in two cities, Rouen and Bordeaux,...

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Bulgur was recalled due to the mycotoxin content exceeding the limit value

Due to the mycotoxin (deoxynivalenol, DON) content exceeding the limit value, Bio Fair Trade Kft. has recalled the one-kilogram Nett Food Bulgur product from the market – announced the National...

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The Nutriversum brand gains even more vitality with the SAP Emarsys marketing automation system

Nutriversum has become a dominant brand in the nutritional supplements market entirely on its own in just 10 years. The brand’s greatest strength is the loyal customer base, the short...

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The ESG Act affects domestic companies widely

The domestic ESG law, effective from January 1, 2024, will have a great impact on the life of domestic businesses. Those who act on time can gain an advantage, those...

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Fidelity: What will drive ESG development in 2024?

Systemic care, in which investors cooperate with a wide range of stakeholders to implement sustainability tasks, will be one of the main drivers of the ESG agenda in 2024. Fidelity’s...

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The winners of Tesco’s game can shop for free in a total value of more than HUF 60 million

Tesco is starting the year with a large-scale raffle, during which shopping vouchers worth more than HUF 60 million will be drawn among a total of 4,205 winners. The five...

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GLS Hungary further expanded it to “GLS XXL” service

GLS Hungary introduced its “GLS XXL” service in April 2023, with which the company not only provides a solution for its clients in the delivery of postal packages, but also...

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Packeta is about to have a new owner

CVC Capital Partners, an international fund manager, and Emma Capital, a Czech private investment holding company, will jointly acquire the parcel delivery company Packeta, founded in 2010, according to the...

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The 4-year-old Kifli.hu delivers free fruit to kindergartens

Kifli.hu celebrates its fourth birthday with a touching gesture: it offers free fruit and vegetable packages to the kindergartens operating in its delivery areas during the week of January 15....

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IKEA has reduced prices

According to the head of the company, this is not the year to optimize profits. According to a Reuters report, IKEA is still sticking to the price cut. The furniture...

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Danone Hungary has obtained one of the world’s most significant social sustainability certifications

All countries of Danone’s Eastern-Central European region, i.e. in addition to Hungary, the company’s business units in Romania, Bulgaria, the Czech Republic and Slovakia were awarded the B Corp™ certification....

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Paying taxes and contributions is changing, pay attention to that!

Due to the change in the minimum wage at the end of 2023, companies and non-taxable individual entrepreneurs will have to pay higher taxes and contributions by December, K&H points...

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DS Smith’s sustainable industrial packaging won an award at the global WorldStar Awards

DS Smith, a leading supplier of sustainable packaging solutions among the world’s best. The company won an award in the transit category at the WorldStar Awards organized by the World...

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The first store of a large British chain opened in Hungary

The long-established British retail chain, WHSmith, entered a new market and opened its first store in Hungary. The 1,200 square meter store is located on the departure side of Terminal...

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Almost one and a half times the amount of the previous year’s donation was collected in Tesco before Christmas

The largest fundraising team in the country supports the year-round work of the Ecumenical Aid Organization with another HUF 85 million to help the needy. The amount was collected through...

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SPAR deploys a virtual influencer in Slovenia

SPAR Slovenia presented its latest initiative, Sara, a virtual influencer created with the help of artificial intelligence. According to news reported by ESM, the company hopes Sara will use social...

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A Hungarian startup is renewing the market of dairy-free dairy products

Capriovus, a family business based in Szigetcsép, innovates the market of dairy-free dairy products in a unique way in the world. The company entered the market with the ToTu product...

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The confectionary manufacturer expects persistently high sugar prices

Südzucker, Europe’s largest manufacturer of confectionery raw materials, reported rising revenue and profit at the end of its third business quarter. The company is also afraid of increasing market volatility,...

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The Campari company raised 1.3 billion euros to buy out the owner of Courvoisier

Italian spirits maker Davide Campari-Milano has raised €1.2 billion in shares and bonds to finance its acquisition of the owner of the Courvoisier cognac brand. According to Campari’s announcement on...

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