Company and Personal News
The crisis at Pápai Hús Kft. deepens while competitors grow
Pápai Hús Kft. closed 2024 with a heavy loss, which has been generating a billion-dollar deficit for the third year in a row, the Agrársektor reported. The company’s after-tax profit...
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PENNY begins significant price cuts – prices of nearly 170 household products will decrease
Starting on May 30, PENNY Hungary has launched another large-scale price reduction, this time affecting a wide range of chemical products. The discount chain is reducing prices in a total...
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Pentecost opening hours at PENNY
It is also worth getting the most important ingredients in time for the long Pentecost weekend, as PENNY stores will be closed on June 8 and 9. Customers can still...
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Mol Limo has entered the classic car rental market
Mol Limo launched classic car rental on Monday, Mol Limo RENT A CAR is available 0–24 hours a day – the company told MTI. The car-sharing company told MTI that...
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Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food retail sector was spectacularly divided: while some chains closed with a heavy billion-dollar loss, others recorded a stable profit –...
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More profit from interest than from meat – new ratios of Pick Szeged’s results
The operations of Pick Szeged Zrt. were characterized by seemingly modest growth in 2024, but looking behind the numbers, a specific trend that has been going on for years is...
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Auchan: multiplied profits in 2024 despite declining revenues
Auchan Hungary closed the 2024 business year with a spectacular increase in profits: it increased its after-tax profit of 586 million forints from the previous year by more than twelve...
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Aldi Nord and Aldi Süd merge – One of the world’s largest discount chains could merge
After six decades of separate journeys, Aldi is preparing for a historic step: according to German press reports, the northern and southern divisions – Aldi Nord and Aldi Süd –...
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15 thousand people in Népliget: the 30th ALDI Women’s Running Gala was a celebration of women’s running
The first day of summer brought the biggest women’s running event in recent years, a true celebration of women, the joy of movement and togetherness. More than eight thousand participants...
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An era ends, a new one begins – marketing leadership change at Eisberg
After two years, Judit Gál, the company’s marketing and communications manager, is leaving Eisberg, and her position will be taken over by Laura Spielmann from June 1. Laura Spielmann has...
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The price fall in PENNY continues
PENNY Hungary continues to slash prices on basic household and hygiene products. Starting from May 30, the discount chain will reduce prices on nearly 40% of its chemical product range,...
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Heineken quenches its thirst for data management with artificial intelligence
Heineken Simplifies Data Analytics for Employees with SAP AI Solution. One of the world’s largest brewers has deployed its internal artificial intelligence (AI) chatbot, “Hoppy,” to improve its business processes...
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Gorenje-Hisense celebrates its 75th anniversary in Hungary with above-average business results and exciting new products
Gorenje Magyarország Kft. celebrated its 75th anniversary with outstanding revenue and nearly 10% growth. At the anniversary press conference, Managing Director Norbert Füle presented the business results, followed by an...
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Monthly affair, shared responsibility: by shopping at Tesco we can help those who cannot afford menstrual products
On May 28, World Menstrual Hygiene Day, Tesco drew attention to the fact that menstruation is one of the most natural processes in the world, yet for many girls and...
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This is how you can keep your hair and skin healthy during the approaching summer heatwave
Styling, dyeing and blow-drying can all weaken the internal structure of the hair, and in the summer, sunlight, chlorinated water, salty sea air and heat can further increase the damage....
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Auchan innovates with a new brand strategy and a lovable character
On the occasion of its 27th anniversary, the Hungarian Auchan has not only prepared promotions and a prize draw, but the brand is also undergoing a comprehensive renewal, the aim...
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Dopamine decor, artisanal pieces and functionality: IKEA’s new collections have arrived
IKEA has introduced its new products, which bring a new beginning, optimism and the momentum of summer into our homes, while still using space functionally, preserving the clean basics typical...
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The sales and profits of Szerencsejáték Zrt. increased last year
Szerencsejáték Zrt. achieved a net sales revenue of 1,235 billion forints last year, 26.1 percent more than the previous year, and net gaming revenue less winnings increased by 12.1 percent,...
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Last year, the total sales revenue of the Bosch Group in Hungary was 2,058 billion forints, and its turnover on the Hungarian market was 313 billion forints.
The total sales revenue of the Bosch Group in Hungary was 2058 billion forints, its turnover on the Hungarian market was 313 billion forints in 2024, the group of companies...
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Domestic companies are maneuvering amid increasing tensions
The average inflation in the euro area is around 2.5%, while the rate of wage growth has fallen to less than half of its previous rate, to 2.4%, in the...
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Samsung unveils One UI 8 beta
Samsung is set to launch its One UI 8 software update, now available in beta in several countries. The company is ushering in a new era of software intelligence with...
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Syngenta Agronomy Solution team would raise farmers’ technological awareness and productivity to a higher level
The obvious challenges of agriculture – climate change, increasing weather stress – require a new approach from agricultural players in terms of agricultural technology. The newly formed Agronomy Solution team...
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Yettel confirms former colleague as new director
As the new leader, Dániel Bálint will lead Yettel’s Customer Experience & Customer Market Insight department. The professional returns to the company with nearly 15 years of experience in telecommunications,...
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Temu signs agreement with IACC – joint action against counterfeiting
Temu, a global online marketplace, has signed a Memorandum of Understanding (MoU) with the International Anti-Counterfeiting Coalition (IACC) to deepen cooperation on intellectual property protection and expand efforts to combat...
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There will be a full house at the 10 km at the 30th ALDI Women’s Running Gala
Outstanding interest is building ahead of Hungary’s only women-only running event, the 30th ALDI Women’s Running Gala. According to the latest data from Budapest Sport Office (BSI), more than 7,600...
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Lidl is stepping in again: reducing the prices of more than 150 household and beauty products
Lidl Hungary is reducing and permanently keeping prices low. This time, the company is offering more than 150 household and chemical goods, as well as hygiene and beauty products at...
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10 artists, 1 cause, 1 SUPERALBUM – because every child’s voice matters
Banana Records, a publishing and creative agency, has launched a special music project about the power of music, collaboration and social responsibility. The collaboration album, Superalbum, stars children participating in...
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Saving money, searching online, hunting for deals – this is how Europe will shop in 2025
58% of European shoppers still don’t expect their purchasing power to improve – reveals a recent study by Shopfully conducted across eight European countries. The economic sentiment remains cautious, with...
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“If this continues, the promotions will disappear” – Interview with Zsolt Pálinkás, CEO of Tesco Hungary
In the spring of 2025, Pénzcentrum asked Zsolt Pálinkás, head of Tesco, one of the most important players in domestic food retail, about the prospects for the sector, the challenges...
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According to a survey, 36 percent of Hungarians are planning a vacation abroad this year.
36 percent of Hungarians plan to vacation abroad this summer, and those planning a trip expect to spend an average of 300,000 forints abroad per person, said Bence Sármay, the...
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