Company and Personal News

173 local organizations collected HUF 42 million from Tesco

He entrusted the fate of HUF 42 million to Tesco customers, who decided in the stores which local communities should share the support. The department store chain announced its “You...

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Dietary supplements intended for men have been withdrawn from circulation by Nébih

The National Food Chain Safety Authority (Nébih) has withdrawn dietary supplements intended for men containing pharmaceutical ingredients from the market. The measure affects all batches of the Anaconda for men,...

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The sales revenue of BioTechUSA has already reached HUF 80.4 billion

The domestic company is doing better every year, which is slowly reaching the whole world. The CEO and co-owner of BioTechUSA, Bálint Lévai, believes that they have already reached the...

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Penny-Market raises wages by 17 percent

Penny-Market Kft. will raise the wages of its employees by an average of 17 percent with effect from April 1, the retail chain told MTI on Monday. In addition to...

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Aldi International IT Services Kft. raised wages

Aldi International IT Services Kft. (AIIS), the Hungarian subsidiary of the German discount chain that provides IT services, increased the wages of its employees by 10 percent this year, increasing...

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IKEA fights for sustainability not only with its furniture, but also with its food

IKEA wants to become a climate-positive company by 2030, but for this it needs to produce more plant-based food. In 2022, approximately 520 million guests tried IKEA’s food offering, which...

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Deloitte: regional companies expect GDP growth of less than half a percent

The financial managers of Central European companies expect an average GDP growth of 0.33 percent this year compared to 2.3 percent in 2022; this year’s is close to the 0.25...

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The Cosmetics Europe COSMILE Eu database has been launched

The database on cosmetic ingredients prepared by Cosmetics Europe has become available in the European Union. On February 16, 2023, Cosmetics Europe launched the COSMILE Europe ingredient database, which provides...

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We already know which is your favorite donut!

The carnival season cannot pass without doughnuts, and we Hungarians love the traditional, home-baked ribbon donut filled with apricots the most. – at least this is what was revealed in...

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K&H Bank’s profit fell by 10 percent last year

K&H Bank’s profit after tax fell by ten percent to HUF 67.6 billion in 2022, Attila Gombás, head of K&H Bank’s financial division, announced at an online press conference on...

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Tesco chooses a different strategy instead of promotions

“Hungarian customers do not need a reduction in the price of a single product, but rather long-term low prices and personalized shopping discounts with which they can optimize their household...

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Gyermelyi Zrt. handed over a new mill

On Friday, Gyermelyi Zrt. handed over a new mill built with an investment of more than HUF 6.5 billion, making the company Hungary’s largest mill industry enterprise operating within one...

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MasterCard won the “Sustainable Initiative of the Year” award

The “Sustainable initiative of the year” category of MasterCard’s Bank of the Year competition was won by K&H Bank’s green home loan, which is the first and so far unique...

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Bosch announced a 70 billion HUF investment in Hungary

Robert Bosch Power Tool Kft. has announced an investment of almost HUF 70 billion in Hungary, within the framework of which a logistics center will be established by the end...

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The Pest County Government Office also examined products promising miracles

Last year, the consumer protection department of the Pest County Government Office carried out more than 1,200 official inspections and imposed a HUF 28 million consumer protection fine, the head...

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The price cap often means a loss of HUF 300 per kilo or liter

Katalin Neubauer, secretary general of the Hungarian National Trade Association (MNKSZ), spoke to Index about the consequences of the price cap for traders. “It is most noticeable in the case...

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Due to its declining profits, Nestlé is preparing for further price increases

The Swiss Nestlé, one of the world’s leading food industry companies, ended last year with a pre-tax profit of 9.3 billion francs, which is a significant 45.2 percent decrease compared...

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The sales revenue of the BioTechUSA company group increased by 40 percent last year

The BioTechUSA company group closed the year 2022 with a record financial result, its sales revenue increased by 41 percent and reached HUF 80.4 billion, its earnings before interest, taxes...

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Geothermal energy is the future: the P&G factory in Czömör strives to utilize thermal water

The initial studies and surveys found thermal water under the Procter & Gamble plant in Csömör, so thanks to the company’s fortunate geographical conditions, it started long-term planning in cooperation...

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The competition office initiated proceedings against the manufacturer and distributor of the Regenera drink

The Hungarian Competition Authority (GVH) has launched an investigation against the manufacturer and distributor of Regenera’s revitalizing and anti-hangover drink, SSHS Group Kft., and Regenera Hungary Kft., because their advertisements...

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Another step towards sustainability: Danone has also joined the Green Pledge

Danone Magyarország Kft. also acted in support of the enforcement of environmental protection and sustainability in the market of the marketing and advertising industry, when it joined the Self-Regulatory Advertising...

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Coop’s edible oil collection service continues to be successful

So far, customers have handed in more than 600,000 liters of used cooking oil at the trade group, who also receive a HUF 100 coupon for every liter handed in....

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Csíki Sör’s Original Székely Bear Trutyi was banned

In addition to the large fine, the Kovászna County Consumer Protection Authority also proposed the withdrawal of canned bear dung sold under the name Eredeti Székely Medve Trutyi from commercial...

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Ritea Noémi replaces Beáta Őz in the executive chair of VELUX Hungary

The specialist has worked for VELUX for 20 years, of which he spent 10 years in a management position, so he takes over the management of VELUX in Hungary with...

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Together for the babies – Families with young children can count on dm’s reliable program again this year

For thirteen years now, at the beginning of each year, the dm drugstore has been supporting 260 families with small children living in difficult circumstances with enough diapers for half...

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Baileys and the Eurovision Song Contest make a duet, making the world’s biggest live music event even sweeter

Many people probably think that this year’s Eurovision Song Contest can no longer be enhanced, but Baileys refutes this assumption. The most popular liquor brand has entered into a three-year...

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BDPST’s share in Waberer’s Nyrt. increases to almost 50 percent

With the purchase of shares, the BDPST Group’s stake in Waberer’s International Nyrt. increases to 49.64 percent – reads the issuer’s information published on the website of the Budapest Stock...

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Hot meals from Kecskemét for the country’s needy

Nissin Foods Kft. offered 155,000 servings of instant noodles as end-of-winter support to needy people and families for the Magyar Élélmiszerbank Egyesület. The Association delivers the donations to the needy...

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A new favorite: the Rudikornis Túró Rudi

The Pöttyös product family has grown with a new member: Rudikornis Túró Rudi with a unique taste. The mouth-watering, raspberry-pomegranate-flavored limited edition is conquering the shops, which not only perks...

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The Syngenta IDEAL melon won a silver medal at the Fruit Logistica exhibition

Syngenta’s product was awarded for the third time in a row at the Fruit Logistica international exhibition. After the YOOM dark cherry tomato* in 2020 and the ISTEM cauliflower specialty...

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