Company and Personal News
Auchan stores will celebrate Consumer Protection Day on March 14th
Auchan Hungary organized World Consumer Protection Day in its stores every year from 2017 until the onset of the Covid epidemic, and this tradition is being revived this year. On...
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Hungarian expert among the finalists of the European Marketer of the Year 2025
The finalists of the EMC European Marketer of the Year 2025 competition, which brings together European marketing associations, have been announced. Zsófia Bánhegyi, Commercial Director of Szerencsejáték Zrt., has also...
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This is how PENNY will be open on the weekend of March 15th
PENNY Hungary has introduced a significant price freeze measure: the company has frozen prices for 70% of its meat product range, so customers can still access the products at the...
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Target price increased to HUF 225 and buy recommendation for AutoWallis shares
In addition to maintaining the buy recommendation, MBH Investment Bank raised its 12-month target price for AutoWallis Plc. shares from HUF 223 to HUF 225 in its latest analysis. Prior...
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Challenges and opportunities of the turkey sector: this is how Gallicoop sees the future
Turkey meat was a key product on the domestic and international markets for years, but the crises of recent years have significantly reduced consumption, especially in Hungary. The rise in...
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Prices of Hungarian products in Denmark: surprising differences between domestic and foreign prices
Food prices in Hungary continue to rise sharply, so more and more attention is being paid to foreign prices – especially when it comes to Hungarian products. A TikToker, bojtoslili,...
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Chocolate among the stars – The Stühmer conquers space!
Stühmer, Hungary’s iconic chocolate brand, is making history again: soon you can taste Hungarian chocolate in space. The company’s unique development, the Stühmer Moment Corfu “space chocolate”, will travel to...
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More than 1.1 million Munch food rescue packages have already found their homes in SPAR stores
In total, more than 1.1 million Munch food rescue packages have been purchased by SPAR store customers since the innovative service was introduced in 2022. Among them, around 500 thousand...
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Peroni Nastro Azzurro 0.0% and Scuderia Ferrari HP global partnership enters second year with special campaign
In the spirit of Italian passion and style, Peroni Nastro Azzurro 0.0% and Scuderia Ferrari HP, two iconic Italian brands, are celebrating their second year of partnership. The Italian Way...
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Shopper Park Plus Plc. acquired a retail park portfolio in Slovakia
Shopper Park Plus Plc. (SPP) has acquired a Tesco-centric retail park portfolio in Slovakia, thereby becoming the owner of four retail parks and shopping centers in Slovakia (Žilina, Nitra, Nagyszombat...
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PENNY announces inflation freeze
PENNY Hungary has frozen prices for 70% of its meat product range, so popular products are available at the previous favorable or reduced prices. The inflation freeze also affects Easter...
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Puma at historic low: stock plunge, layoffs and dividend cut
German sportswear manufacturer Puma is struggling financially due to weak markets in the US and China and global geopolitical tensions. The company announced 500 job cuts and a dividend cut,...
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Szentkirályi Magyarország Kft. is recalling chips due to a packaging error
Due to a packaging error, Szentkirályi Magyarország Kft., as the Hungarian distributor of Lays products manufactured by Frito Lay sp. z o.o., is recalling chips and will provide free replacements...
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NAV President: the data reconciliation procedure further whitens the economy
The National Tax Office (NAV) will focus more on filtering and correcting individual data discrepancies, and in 2025, a new legal institution, the data reconciliation procedure, will be available to...
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Kifli.hu presented its own brand of recycled paper products
Moddia PureCycle, the new, environmentally conscious offering of Kifli.hu’s own-brand Moddia product line, has become available in Hungary. The new brand offers customers tissue paper, kitchen towels and toilet paper...
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Concorde and OTP both recommend AutoWallis shares for purchase with an increased target price
Following Concorde Securities, OTP Bank also updated its analysis of AutoWallis Plc. shares, with the two analysts recommending a buy on the shares of the region’s leading integrated car dealership...
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Foie gras is one of Hungarians’ favorite luxury foods
In our country, most people consider caviar, truffles and foie gras to be luxury foods, and of these, foie gras, considered more accessible and considered a Hungarian delicacy, is the...
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SPAR Hungary spent nearly 220 million forints on supporting social causes last year
Since its founding, more than 30 years ago, social responsibility and support for charitable causes have been an important part of SPAR Hungary’s corporate culture. The company helps thousands of...
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Tesco creates collaborative platform to end menstrual poverty
Tesco announced the creation of a platform dedicated to eradicating menstrual poverty at the Equality Foundation’s annual Women’s Day conference. The initiative aims to use the power of collaboration to...
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ERSTE Open-Ended Real Estate Investment Fund has closed the biggest deal of the decade with the purchase of two HelloParks warehouses
In the framework of the largest single transaction ever in the domestic industrial real estate market, ERSTE Open-Ended Real Estate Investment Fund will acquire two HelloParks warehouses in Páty. The...
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New competition supervision procedure for products advertised as “whole grain”
The Hungarian Competition Authority (GVH) has launched new competition supervision proceedings against three food retail chains, based on consumer complaints, alleging that Spar, ALDI and Tesco are engaged in misleading...
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DHL Group’s profit fell by 9 percent last year, it will cut 8,000 jobs in Germany this year
German postal and logistics company DHL Group reported a 9 percent drop in profit last year, while revenue rose 3 percent. The company on Thursday launched a multi-year cost-saving program...
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Female entrepreneurs in the lead role – foodora gives a special place to female restaurant owners
Foodora is drawing attention to the importance of female entrepreneurs with a unique campaign on the occasion of International Women’s Day. The popular food delivery platform also features many female-owned...
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NKFH: Auchan recalled 220 gram beef bologna baby food due to microbiological non-compliance
Due to microbiological non-compliance, Auchan Hungary Kft. has recalled the 220-gram package of Auchan Kedvenc Bolognese spaghetti pasta and beef baby food, recommended for children from 8 months of age...
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Nective’s proprietary systems serve ESG goals
The building automation solutions of the Hungarian-owned hardware and software development technology company Nective Kft. offer significant progress in energy efficiency. At the M3 site of the Gablini Group, where...
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TheVR helped the McDonald’s team
As a continuation of their collaboration last year, one of the most successful teams in Hungarian content production, TheVR, tested special product combinations invented by Hungarian McDonald’s product developers in...
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PENNY will spend 3.5 billion forints on wage increases in 2025
PENNY Hungary will spend 3.5 billion forints on wage increases in 2025, thanks to which earnings will increase by an average of 7.8%. In addition, the range of benefits and...
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Logistics in Eastern Hungary could flourish: even a ceasefire could have an impact
The Eastern Hungarian region, especially the Nyíregyháza, Debrecen and Miskolc areas, may receive a new boost in terms of logistics developments. However, the improvement of the Russian-Ukrainian war situation may...
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Wienerberger launches concrete tiles in Hungary
Last April, Wienerberger announced that it would build a plant in Hejőpapi, which will produce large-sized concrete roof tiles and their accessories using the most modern technology available in Europe....
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The Ministry of Agriculture expects retail chains to voluntarily reduce prices
What is happening in stores these days is unacceptable, price increases must be stopped in the interests of families and pensioners! The Ministry of National Economy (NGM) is conducting intensive...
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