Company and Personal News
The quarterly income of the world’s largest luxury goods manufacturer, LVMH, decreased
The revenue of LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury goods manufacturer, fell by 2 percent to 20.69 billion euros in the first quarter of this year...
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PICK’s spring campaign invites you to go outdoors
In 2023, everyone got to know the concept of the word taste. The characteristic taste of PICK Winter Salami is able to evoke pleasant moments for us very intensely, we...
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Forward-looking data visualization solutions at the SAP and IFUA Horváth competition
The winners of the data visualization competition of SAP Hungary and IFUA Horváth have been announced. Fifty teams from the university and corporate spheres compared their skills. With the help...
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Uber received permission to enter the Hungarian market
The long road to Uber’s return has finally reached the finish line in Hungary, after receiving the license to operate in cooperation with Főtaxi. The Budapest Transport Center and the...
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Did you buy a used car from a webshop? These are the latest trends in the used car market
The year 2023 brought consolidation in the used car market, but the winds of recession and inflation can be felt in the segment. Customers are more aware, but mistrust is...
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Tesco will remain, even though its profits have decreased
Ken Murphy, CEO of Tesco, stated in a statement that the company remains committed to Hungary and other Central European markets where it is present. Despite the fact that their...
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The Szentkirályi Talent Program is starting for the fifth time
The Szentkirályi Talent Program is starting for the fifth time, which, with the professional support of the Hungarian Olympic Committee and the ambassador of the program, the Olympic champion gymnast...
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According to the managing director of MediaMark Hungary, the Temu webshop is tempting with a price advantage, but it cannot build stable customer loyalty in the long term
Gábor Szilágyi, the managing director of MediaMarkt Hungary, warned about the deceptiveness and long-term unsustainability of the price advantage of webshops like Temu, according to a Forbes report. Szilágyi pointed...
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This year, the Maltesers brand renews its commitment to supporting women
The Maltesers brand, famous for its delicious chocolate balls, renews its commitment to support women this year. It is proud to be at the forefront of efforts aimed at improving...
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This year, the McDonald’s and Erős Pista collab is even hotter
After last year’s great success, the Hungarian McDonald’s welcomes its guests with new Erős Pistás sandwiches. However, after listening to the feedback from consumers, this year the burgers are coming...
Read moreWizz Air’s exchange rate fell by more than 10 percent
In recent days, the share price of Wizz Air has fallen to an alarming extent, the company’s shares have sunk to their lowest point at the end of January. There...
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Tesco’s Clubcard program is undergoing significant changes due to legal proceedings
Tesco has made major changes to its Clubcard loyalty program after being embroiled in a legal dispute with Lidl, The Sun reports. At the heart of the case was the...
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Trans-Sped closed with a loss last year
In addition to a slightly decreasing income, the Trans-Sped Logistics Service Center closed with a loss of about HUF 916 million in 2023 – read the annual report published on...
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ALDI + Balaton: ALDI is looking for seasonal workers for its stores around the lake with a starting salary of HUF 551,100
ALDI wants to actively contribute to the recreation of holidaymakers coming to Hungarian tourist regions again this year. Accordingly, in its stores located here, it adapts its seasonal offer of...
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SPAR offers more than a thousand products for special nutritional needs
In SPAR promotions, you can regularly find free and health-conscious products! In its constantly expanding range, the supermarket chain already offers more than a thousand products for special nutritional needs....
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Nearly 200 new jobs are opening at Lidl for the summer season
Lidl has started recruiting for the summer season and is looking for a total of nearly 200 new employees for its high-traffic stores on the shores of Lake Balaton and...
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IKEA is reducing its prices
Ikea is planning revolutionary changes in Germany, including massive price cuts and opening stores in city centers. The strategy announced by Walter Kadnar, CEO of Ikea in Germany, aims to...
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AutoWallis oversold in retail in the first quarter and continues to expect meaningful growth
The AutoWallis Group’s Retail business had a strong start to this year, after increasing new vehicle sales by 16 percent, significantly exceeding the 7 percent increase in the Hungarian market....
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ROSSMANN focuses on its exclusive brands
In ROSSMANN’s offer, in addition to the products of major international and own-brand brands, there are also products of exclusive brands that are either only sold by this drugstore-perfume chain...
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There is already an Aldi store operating completely without a cashier
Aldi opened its first cashier-less store. In the new store, customers no longer have to stand in line or go through the payment process – instead, they can simply choose...
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A new coffee roasting plant and training studio opened in Budaörs
On April 11, the 100 percent domestically owned Roastar Zrt. opened its coffee roasting plant and training studio in Budaörs, which now sells its coffees under the Röast Coffee brand...
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McDonald’s came up with a spicy innovation
McDonald’s has launched a unique marketing campaign in the Netherlands, in which they put up posters that give off the smell of fries, without any visual elements. According to the...
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This is how environmentally friendly Hungarians consider domestic stores to be
Four out of ten rural and metropolitan respondents (40%) agree that unnecessary or non-recyclable packaging is the biggest environmental waste in stores. Opinions are also divided as to whether unnecessarily...
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After a record year, Waberer’s general meeting decided on an increased dividend payment and new board members
Waberer’s International closed a record year in 2023 as well, so the company’s annual general meeting decided to pay a dividend of HUF 120 per share, exceeding the previous year....
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Wizz Air was waiting for green fuel
By the end of the decade, Wizz Air plans to operate 10 percent of its flights with sustainable aviation fuel (SAF). The new objective is a significant step in the...
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The raspberry-flavored, low-calorie Dreher 24 has arrived
The product is not only new in flavor, but compared to other products in the portfolio, its calorie content is low. Alcohol-free beers, whether fruit-flavored or non-flavored, continue to be...
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Inflation accelerated in Spain in March
In Spain, the annual growth of consumer prices accelerated to 3.2 percent in March, following the 2.8 percent in February, in accordance with the previously announced data, according to the...
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Dr. Tamás Kozák: the retail tax took away the profit of the shops
The new general secretary of the National Trade Association (OKSZ), Dr. Tamás Kozák, participated for the first time as a professional speaker at the Pénzcentrum RETAIL DAY 2024 conference. In...
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212 million SPAR investment – a new supermarket opened in downtown Békéscsaba
With an investment of HUF 212 million, SPAR Magyarország opened a new supermarket in Békéscsaba, Andrássy út 3-5. at no., on the site of a former commercial establishment. Through the...
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What is double materiality in ESG?
Based on the Sustainability Act (Act No. 108 of 2023) and the EU CSRD (Corporate Sustainability Reporting Directive) adopted in December, large companies must conduct a double materiality assessment that...
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