Company and Personal News
Bobcats Coding has compiled an AI innovation manual for corporate decision makers
Bobcats Coding AI has created an innovation guide for corporate decision-makers that provides an overview of the rapid rise of artificial intelligence in the investment market, as well as tangible...
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Bahrain’s Formula 1 is moving on to Hungarian Festipay
The host of the season-opening Formula 1 race, the Bahrain International Circuit (BIC), announced in a press release issued today that they will switch to a cashless payment system with...
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Hungary achieved the highest investment record of all time – with a focus on related real estate developments
From the point of view of the inflow of foreign working capital, Hungary focuses on presenting the most significant industrial and logistics real estate developments at the world’s number one...
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New CEO at eMAG Magyarország
Kinga Daradics is the new CEO of eMAG Magyarország. Ms Daradics studied at Harvard Business School, Thunderbird Arizona, the University of Sheffield and Corvinus University. She was CEO of MOL...
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Spar is building a new supermarket in Szentendre
Spar is building a new store in Szentendre with an investment of HUF 3.6 billion. The supermarket, whose foundation stone was laid on Tuesday, is expected to open in the...
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Changes in the management of HEINEKEN Hungária
There have been several changes at HEINEKEN Hungária Zrt., where from February 1, 2024, Orsolya Mottl-Molnár will continue her career in the position of Sales Director after returning from maternity...
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The latest data has arrived: the leasing market did well last year, but the outlook is uncertain
In 2023, the number of lease contracts concluded increased compared to the previous year, and the amount of money placed also increased. According to the Hungarian Leasing Association, the main...
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Pepco is leaving Austria
The Pepco Group has announced that it is withdrawing from the Austrian market, as it is not expected to make enough profit for them in the country. According to the...
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SPAR has announced its Price Stop Extra Promotion
The company recently announced the Árstop Extra Promotion, in the framework of which the prices of popular products were fixed until the end of March. SPAR’s initiative means that customers...
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These will be the fixed prices of Magyar Posta’s logistics service in Hungarian webshops
According to a 2023 decree, the government would require webshops to also offer the logistics service of Magyar Posta to their customers. Although it is not yet clear to the...
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MTÜ: the Chinese New Year brought prestigious international tourism awards to Hungary
The Hungarian tourism sector received five significant professional recognitions from China, one of the most important sending countries. The Chinese National Geographic Travel recommends Hungary as one of the top...
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SAP Hungary closed the strongest year in its history
In 2023, SAP Hungary had a better year than ever, winning the “SAP – Best Country of the Year” award for the Central and Eastern European region, which includes 24...
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Nestlé Hungária is making another HUF 55 billion investment in its factory in Bük
Nestlé Hungária is developing Purina’s pet food factory in Bük at a cost of HUF 55 billion. This investment will create 130 new jobs, Minister of Foreign Affairs and Trade...
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Green Weeks at Auchan lasts until February 21
Auchan’s comprehensive sustainability strategy covers not only store operations, but also merchandise, packaging and customer attitudes. Until February 21st, the products whose production, composition, packaging or lack thereof point in...
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Coors light beer from Borsodi is coming
Starting this February, Hungarian beer consumers will also be able to taste the feeling of life in Colorado, as one of the world’s best-known beer brands, Coors light beer, will...
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In January, the increase in food prices moderated to 5.7 percent in France
In France, the annual rate of consumer price inflation slowed to 3.1 percent in January from 3.7 percent in December, according to the final data posted on the website of...
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Food prices also fell in the Czech Republic
In January, annual inflation in the Czech Republic dropped to 2.3 percent from 6.9 percent in December, the Czech Statistical Office announced on Thursday in Prague. This is the lowest...
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One day late, but after 50 years, NASA landed on the moon again
After 50 years, on February 15, 2024, NASA landed on the moon again, and not just by any means. The world-famous clothing brand Columbia Sportswear also took part in the...
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A revolutionary new development shows the employees’ carbon dioxide emissions in a customized way
The innovative Norwegian startup, Carbon Centrum’s new investor, can continue the development of CarbonID under the auspices of EIT InnoEnergy. The platform was created to autonomously track the CO2 emissions...
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Rossmann opened its 250th store
The drugstore, celebrating its 30th anniversary in Hungary, developed above the market last year, but there is no stopping in 2024: their 250th store in a festive setting, the founder...
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Kinley distributed red roses to 10,000 couples on the occasion of Valentine’s Day
10,000 red roses were distributed on Valentine’s Day on Wednesday in Budapest. Couples walking downtown could celebrate Valentine’s Day with flowers thanks to Kinley. In addition to the roses, passers-by...
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Balázs Várkonyi joins Avokado
Balázs Várkonyi enters into a strategic cooperation with Avokado, so ED Group Kft. acquires a stake in the popular shopping platform. With the association, they plan to transform the image...
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HELL ENERGY comes up with a surprising move again
HELL ENERGY comes up with a surprising move again. In the brand’s latest global campaign, which is available in more than 60 countries, we can see Michele Morrone, one of...
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Heineken’s profit fell
According to Heineken’s announcement, its annual profit in 2024 may significantly fall short of analysts’ expectations due to geopolitical and economic uncertainties. The company’s share price immediately reacted to the...
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Temu is in trouble: Wish was sold for pennies
The Chinese company Qoo10 bought the e-commerce platform Wish, which was valued at 14 billion dollars a few years ago, for only 173 million dollars. The transaction points to the...
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New Director of Brand and Marketing Communications at Yettel
From March 2024, Péter András Kovács will lead Yettel’s Brand and Marketing Communications Directorate and is responsible for building the telecommunications brand and marketing communications activities. Péter András Kovács has...
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Auchan and Auchan Korzó increase the energy efficiency of their properties by installing solar panels
This year’s largest solar panel investment in the Retail sector will be realized when Auchan Hungary and Nhood Hungary, which manages Auchan Korzók, will install solar panels worth 20 million...
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In a few years, everybody will be in big trouble on the job market if they don’t learn how to “prompt
In 2023, artificial intelligence exploded into our everyday life, and today almost everyone is speculating whether AI can take their jobs. For the time being, companies are rather groping about...
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Rossmann has introduced a packaging-free delivery option, which has been a great success
Last fall, Rossmann Hungary introduced a packaging-free delivery option. The essence of the initiative is that the packages delivered by their own courier service can be requested in a durable...
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Lidl favors customers over the age of 65
Customers over the age of 65 can get fresh vegetables and fruits, as well as chilled meat products, 10 percent cheaper. Lidl is committed to providing its customers with the...
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