Company and Personal News
The MRSZ calls for industry cooperation and an action plan
At the request of the MRSZ, EY prepared a study in the first quarter of 2024 on the effects of international centralization efforts on the domestic marketing communications industry. The...
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Olive Oil Industry: Renewal Needed for Sustainability
There has been a longstanding demand within the olive oil industry for sectoral renewal to ensure sustainability. According to a CNBC report, this year could be pivotal for the industry....
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Under the name Prime Network, Eurowag is introducing a new segment in its acceptance network on the most important transit routes in Europe
Eurowag has announced the introduction of a new segment in its existing acceptance network, named “Prime Network,” strategically located along major transit routes. The Prime fuel stations are selected from...
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Problematic sausage at Auchan
Due to the presence of an unmarked allergen (soy), Auchan Magyarország Kereskedelmi Kft. has recalled the products “Auchan Kedvenc csemege Debreceni, 300 g and Auchan Kedvenc csípős Debreceni, 300 g”...
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Apple’s sales have fallen significantly
In the first three months of 2024, Apple’s sales fell by 4%, down to $90.8 billion compared to the same period last year, as reported by the BBC. The significant...
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Nébih experts examined the cheapest foods
In order to protect consumers, the National Food Chain Safety Office (Nébih) checked the cheapest food products of the Price Monitoring System. During the first target inspection focusing on staple...
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Szentkirályi Magyarország’s deposit-fee PET bottles are already on store shelves
Szentkirályi Hungary was one of the first to start the production and sale of drink packaging according to the DRS (Deposit Return System), i.e. the mandatory redemption system. How did...
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Buyers of Nestlé products can help the needy in several ways in May
Between May 9 and 22, Tesco customers can once again support the needy by placing Nestlé products in their baskets. As part of the initiative, Nestlé supports the work of...
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Real Nature announces a new manager in the sales department
Real Nature, which produces and distributes sustainable and healthy milk and milk substitute products, is pleased to announce the appointment of Kriszta Román to the position of National Account Manager....
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Scitec Nutrition launched an unusual image campaign with everyday heroes
In May, Scitec Nutrition’s “Fighters. They won. Your turn!” with the billboards of his campaign, which this time do not feature bodybuilders with bulging muscles, but role models who recovered...
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KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while the import volume was 4.7 percent lower than in the same period of the previous year. The assets were 1.7...
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AutoWallis has published its third Sustainability Report
The AutoWallis Group has published its Sustainability Report for last year, which reveals that the automotive company listed on the Hungarian stock exchange has defined new strategic areas for the...
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Mother’s Day gifts on sale from Tesco
In Hungary, we celebrate Mother’s Day on May 5 this year. On this day, we thank our mothers and grandmothers for everything they have done for us. Of course, the...
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You can save time and money with SPAR convenience products
More than 60 types of SPAR enjoy. convenience products await you in the range of SPAR and INTERSPAR stores, including the popular French salad with mayonnaise, the apple and cheese...
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The taxed profit of Kometa’99 increased last year
The net sales of the majority-owned Italian Kometa’99 Zrt. last year increased by 21.2 percent to HUF 93.569 billion, and its profit after tax increased by 153 percent to HUF...
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Coca-Cola exceeded expectations
Coca-Cola has surpassed quarterly expectations largely due to increased consumer demand for Fanta and Fairlife products, leading to a revised annual organic revenue forecast. The company reported a per-share earnings...
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KSH: the number of guest nights increased by 25 and the number of guests by 30 percent compared to March 2023
The number of guest nights increased by 25 percent and that of guests by 30 percent compared to March 2023 in tourist accommodations, the Central Statistics Office (KSH) told MTI...
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Burger King is allocating $300 million to modernize its restaurants
Burger King and its parent company, Restaurant Brands International, announced an additional investment of $300 million to continue modernizing its U.S. restaurants. This is part of a broader $2 billion...
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The Hungarian government, Yettel Magyarország Zrt. and CETIN Hungary Zrt. have concluded a cooperation agreement.
Cooperation for the development of digitalization in Hungary was confirmed in a joint statement by the government, Yettel Magyarország Zrt. and the telecommunications infrastructure provider CETIN Hungary Zrt. According to...
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Mol Vagyonkezelő Kft. and Trevelin Holding Zrt. acquired 15 percent of Waberer’s
Mol Vagyonkezelő Kft., owned by Trevelin Holding and Mol, bought a 15 percent package of shares in Waberer’s International Nyrt., Waberer’s announced on the stock exchange’s website on Monday. They...
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AutoWallis appoints a vice president of international business development to support regional expansion
The AutoWallis Group is further increasing its regional expansion after appointing Andrew Prest, who until now was the head of the Wholesale Business Division, as its vice president responsible for...
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Spar closed last year with a turnover of over one thousand billion forints
Spar Hungary achieved a turnover of HUF 1,023.2 billion last year, which represents an increase of almost 16 percent compared to 2022. The company opened five new stores and modernized...
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Slower Growth at Hell Energy, but stable export and strengthening EBITDA
Hell Energy Magyarország Kft. has reported a revenue increase for 2023, though the growth rate has slowed considerably compared to previous years. Revenue rose from 150 billion HUF in 2022...
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PENNY and Munch’s food rescue initiative is a success
Since February 2024, Munch surprise packages have been available in PENNY stores across Hungary, saving over 70,000 food packages from waste, nearly doubling the results of the collaboration over the...
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Product sizes are not always reduced due to inflation
In recent years, customers may have noticed something about some of their favorite products, like Pampers diapers or Always feminine hygiene products: they’ve gotten smaller. However, this reduction in size...
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K&H: they evaluated the transparent climate strategy
K&H’s Belgian parent bank, the KBC Group, has once again received an “A” rating from the non-profit organization CDP (Carbon Disclosure Project), which annually surveys companies’ climate change efforts. CDP...
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Diagon was among the first to introduce SAP cloud-based solutions in Hungary
Although many companies still treat system-level cloud solutions cautiously, Diagon Kft., which deals with the production and distribution of laboratory diagnostic reagents, was one of the first in Hungary to...
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BH AgrárTrend Index: the outlook for the Hungarian food industry has stabilized
The assessment of the situation of the actors of the Hungarian food industry has stabilized, which is more favorable than before in the first three months of 2024, according to...
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We can drink from these RevoCups this year
More than 400 works were submitted to the VÍZió graphics competition, which was announced on the occasion of World Water Day by Hungary’s number one reusable cup system, CupRevolution. The...
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We mostly stock up on sandwich ingredients
Baked goods, cold meats, ham, salami and some kind of spread – these types of food are found in most households based on a recent KOMETA survey. You can say...
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