Company and Personal News
The taxed profit of Kometa’99 increased last year
Date: 2024-05-01 12:21:28
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
Date: 2024-05-01 11:48:59
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
Date: 2024-05-01 11:48:30
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
Date: 2024-05-01 11:23:57
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.
Date: 2024-05-01 11:02:11
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
Date: 2024-05-01 10:58:49
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
Date: 2024-05-01 09:05:32
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
Date: 2024-04-29 12:52:03
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
Date: 2024-04-29 12:48:07
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
Date: 2024-04-29 12:31:55
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
Date: 2024-04-29 12:27:24
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
Date: 2024-04-29 09:31:07
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
Date: 2024-04-29 09:20:39
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
Date: 2024-04-26 12:53:27
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
Date: 2024-04-26 12:03:51
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
Date: 2024-04-26 12:03:15
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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Eisberg’s campaign to encourage healthy eating has started
Date: 2024-04-26 11:58:39
We should consume at least five servings of vegetables or fruits per day to preserve our health, based on the recommendation of the National Association of Hungarian Dietitians, but we...
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PENNY opened a store in the heart of Budapest
Date: 2024-04-26 11:41:41
PENNY opened its twenty-ninth Budapest store in one of the busiest spots in the city center, in the immediate vicinity of the Nyugati Pályaudvar. With its modern appearance and high-quality...
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Lidl is going through a huge investment
Date: 2024-04-26 11:28:26
Lidl has announced that it has opened its newest and largest logistics and distribution center in Croatia in Kriz, near Zagreb. The new center is the result of a significant...
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CAFE FREI developed ALDI’s new own-brand coffees
Date: 2024-04-26 11:23:54
ALDI Hungary further expanded its cooperation and product development with CAFE FREI. The result: two own-brand coffees, the flavors of which are inspired by the supermarket chain’s iconic products. BARISSIMO...
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These are the opening hours of PENNY stores in the first week of May
Date: 2024-04-26 11:21:03
On Wednesday, May 1, all 233 PENNY stores in Hungary will be closed. That is why the company advises its customers to plan their larger purchases in advance. As the...
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Revolut does not change card transfers
Date: 2024-04-26 11:20:47
Revolut has decided not to introduce a planned base fee of 20 euro cents (approximately 80 Hungarian forints) for instant card transfers starting April 27. Instead, the online bank informed...
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Eger launches a gastronomic tour campaign, focusing on the Eger Star
Date: 2024-04-26 10:53:54
Eger is worth a visit not only for the interesting attractions, programs, historical atmosphere, downtown thermal spa or natural environment, but also for its colorful gastronomy. This year, from May...
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A unique application based on objective indicators is launched: the HBLF Diverse and Fair Workplace recognition application period has opened
Date: 2024-04-26 08:43:27
The recognition of the Diverse and Fair Workplace can be earned by those companies operating in this country that in practice contribute to the creation of an inclusive corporate culture...
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Rossmann is expanding with more than 200 stores
Date: 2024-04-25 12:25:38
This year, the Rossmann drugstore chain will spend hundreds of millions of euros on expanding and modernizing its store network, based on the company’s announcement on Thursday. With an investment...
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Primark is preparing for a major innovation
Date: 2024-04-25 11:50:16
Primark, the international fashion department store, will open its first store in Hungary on May 28, 2024. The opening of Primark’s new store is an exciting step for the Hungarian...
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The quarterly revenue of luxury goods manufacturer Hermés increased by 17 percent
Date: 2024-04-25 11:33:05
In the first quarter of this year, the revenue of the French luxury goods manufacturer Hermés increased more than expected by analysts in a year-on-year comparison. According to the data...
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Magyar Posta dissociates itself from the responsibility of checking the contents of “spoofed packages”
Date: 2024-04-25 11:27:55
Magyar Posta distances itself from responsibility for checking the content of “counterfeit packages”, the company told MTI on Thursday. It was pointed out that Magyar Posta Zrt. is not an...
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Hungarian researcher develops stem cell activating food supplement
Date: 2024-04-25 11:03:25
The fight against aging is not a new endeavor in human history, but thanks to modern scientific research and innovations, we now have many more tools at our disposal to...
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In 2023, SPAR realized a turnover of over HUF 1 billion
Date: 2024-04-24 14:18:13
SPAR Hungary achieved a turnover of HUF 1,023.2 billion in 2023, which represents an increase of 15.79% compared to the previous year. The company opened five new stores and modernized...
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