Company and Personal News
Are beauty products harmful to health? Experts warn of the dangers of Temu
The world of online shopping continues to conquer, and Temu, a popular Chinese marketplace, has become attractive to many with its incredibly cheap prices. However, in the latest episode of...
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We have already saved nearly half a billion during refueling
Based on data from more than 175,000 users, we have already saved nearly half a billion forints at ORLEN gas stations this year. The region’s largest oil company offers a...
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Preparing for the Christmas peak season: DPD developments and expansions
DPD has prepared for the festive peak with comprehensive developments this year to ensure fast and reliable delivery even during the busiest time of the year. Increasing capacity and modernized...
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Temu and Shein’s aggressive marketing strategy is reshaping the Black Friday market
Temu and Shein’s online marketing campaigns are causing significant difficulties for competing retailers and brands, especially during the Black Friday period. The two fast-growing e-commerce platforms spend huge amounts of...
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Coop again helps children in state care
This year, the Coop Segély Alapítvány and CO-OP Hungary Zrt. donated almost 60 tons of Coop own-brand staple foods to approximately 2,700 children living in state care in six counties...
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Help arrives where it is needed most through the cooperation of the Hungarian Maltese Charity Service and SPAR
The Hungarian Maltese Charity Service and SPAR Hungary are supporting tens of thousands of people in difficult situations through the cooperation of the Hungarian Maltese Charity Service and SPAR Hungary....
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The use of digital wallets has exploded in Hungary
The use of digital wallets has exploded in popularity. At the beginning of 2024, only 10% of forint transactions on the Hungarian online payment solution Barion platform were made using...
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Boci chocolate has changed: smaller size, new recipe, divisive taste
Boci chocolate, which has been an iconic product of the Hungarian confectionery market for many years, has undergone significant changes this year. Not only has its size decreased, but its...
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Opten: The number of companies may drop below half a million
The number of partnerships has been decreasing for two years, decreasing by nearly 23 thousand by October this year, and now barely exceeds half a million. The number of new...
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PortfoLion acquires Polish e-commerce company
PortfoLion Capital Partners, part of OTP Group, acquires a minority stake in 4FIZJO, a leading e-commerce player in the Polish fitness and physiotherapy market. The transaction aims to support 4FIZJO’s...
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László Parragh also steps down as head of KAVOSZ
László Parragh had to leave the leadership of the Hungarian Chamber of Commerce and Industry (MKIK) as well as KAVOSZ – Világgazdaság has learned. Following Monday’s reshuffle, Ádám Balogh, the...
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Tesco publishes its Diversity, Equality and Inclusion Report
This is the fourth time Tesco has transparently outlined what it is doing to be a truly inclusive workplace. The company aims to create a single ecosystem that connects its...
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The Hungarian Maltese Charity Service collects personalized Christmas gifts for children in need
The Hungarian Maltese Charity Service will fulfill the personal wishes of children living in the poorest small settlements this Christmas. The charitable organization collected the children’s requests in 89 disadvantaged...
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Lidl’s latest sports partnership: Women’s Handball European Championship 2024
Lidl will be the official fresh food partner of the Women’s European Handball Championship for the second time, supporting freshness and conscious nutrition. Lidl will be the official fresh food...
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Change in the management of Rossmann Hungary: László Flórián leaves
On November 21, 2024, the employment of László Flórián, the Managing Director responsible for operational areas of Rossmann Hungary, was terminated. Flórián worked for the company for nearly 13 years,...
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Digital wallets are also gaining ground in the online space: a quarter of Barion’s forint transactions already go through them
The use of digital wallets has exploded this year. At the beginning of 2024, only 10% of forint transactions on the Hungarian online payment solutions platform Barion were made using...
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AI in the clouds: artificial intelligence is transforming aviation before our eyes
Airlines and airports are already using a number of AI-based solutions in the areas of fuel optimization, air traffic control, on-board service or vehicle maintenance. However, the sky is the...
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A new basic book on organic farming has been published
The basic book on organic farming in Hungarian has received an updated edition. This is the 4th, revised edition of the work of Dr. Péter Roszík, the managing director of...
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2021 price levels again: ALDI significantly reduces the prices of its most popular products
ALDI Hungary is once again permanently reducing the prices of many products. The company’s measure affects 57 of the most popular and sought-after vegetables, fruits and fresh meats. Many vegetable...
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The implementation of gap-filling healthcare innovations has been given the green light
The BioTechUSA Health Awards were presented for the first time on November 22 at the Museum of Ethnography. An independent, five-member jury judged the large number of applications received in...
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DS Smith strengthens its presence in Hungary with a strategic investment
DS Smith, the leading supplier of sustainable, paper-based packaging solutions, is expanding its innovative presence in Hungary with a significant strategic investment of EUR 34.4 million, supported by the National...
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LG announces organizational changes to achieve its 2030 vision
LG Electronics (LG) announced a number of organizational changes and executive appointments following approval by the board of directors. The reorganization aims to help the company achieve its mid- to...
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Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into operation next March at Nestlé’s Central European regional coffee and cocoa powder production and filling center, which will cover nearly...
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Only two weeks left: thousands of Santas are running in downtown Budapest this year
The Santa Run season has begun, and after major cities around the world, such as Tokyo, Liverpool, Stockholm, Las Vegas, or even the Swiss capital, the red costumed running race...
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K&H innovation index: Hungarian corporate innovation at a low point
The results of the K&H Innovation Index for the second half of 2024 show a worrying decline in the innovation performance of domestic companies. The index, which measures the innovation...
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A significant minimum wage increase is expected in Hungary: the gross amount will be 374 thousand forints by 2027
The minimum wage in Hungary will be increased by 9 percent next year, by 13 percent in 2026, and by a further 14 percent in 2027, according to Portfolio, which...
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Dubai-inspired luxury: Lindt’s limited-edition chocolates are selling for incredible prices on the secondary market
The name of the Lindt chocolate brand sounds familiar to almost every sweet tooth, as the Swiss manufacturer’s products can be found all over the world, including in Hungary. But...
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Career opportunity for young people: internship program at Coca-Cola HBC Hungary
Coca-Cola HBC Hungary offers attractive internship opportunities to university and college students who want to enrich their studies with valuable professional experience. The plant located in Dunaharaszti is waiting for...
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A new chapter has opened in the history of Pizza Hut: The restaurant chain can be renewed based on the Hungarian model
On September 12, the ribbon was cut on Pizza Hut’s first restaurant with a modern dine-in concept on the most popular pedestrian street in Pécs. The chain’s store in the...
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