Company and Personal News
PENNY stores will be closed on August 20th
PENNY stores will be closed on August 20, the national holiday, while they will be open as usual on the days before and after the holiday. The holiday period can...
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Márton Nagy and Elek Nagy discussed the implementation of the Government-MKIK program
The implementation of the 2025–2030 strategic agreement signed between the Government and the Hungarian Chamber of Commerce and Industry (MKIK) for the period 2025–2030 was discussed by Minister of National...
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Yettel launches new initiative: customer service workers in the spotlight
Many people only visit customer service when they have a problem. However, few people think about who is on the other side and what an important job they do. That...
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The price of Novo Nordisk’s star drug drops significantly
Danish Novo Nordisk has announced a drastic price cut in the United States: one of the company’s most popular blood sugar-lowering drugs is now available for $499 per month (approximately...
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AutoWallis’ revenue grew by over 20 percent in the first half of the year, thanks to improved efficiency
Compared to the first three months of the year, the AutoWallis Group’s operating efficiency improved, and its sales revenue increased by nearly 21 percent to HUF 235 billion in the...
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62,700 purchases – all previous records broken at ALDI’s Sziget store
ALDI has set up a pop-up store at the Sziget Festival for the eighth time. The range of products tailored to festival-goers, consisting of around 300 products, and the free...
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The world of Minecraft comes to life in SPAR stores
The characters from one of the world’s most well-known and beloved video games – including Steve, Creeper, Alex and Piglet – are now moving into SPAR stores as part of...
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Shein’s UK subsidiary had a strong year, but serious risks cloud the outlook
Shein’s UK subsidiary has posted strong growth in 2024 as the company prepares for a global IPO. The division reported a 32.3 percent increase in revenue to £2.05 billion in...
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MOL opened a Fresh Corner unit at Nyugati Railway Station
Ten years after the launch of Fresh Corner, MOL is once again taking the consumer experience to a new level: as part of a pilot project launched jointly with MÁV,...
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This year’s Carpathian Basin Wheat Gathering Ceremony of the Hungarians’ Bread program was held
The Carpathian Basin Wheat Merging Ceremony of the Hungarian Bread – 15 Million Grains of Wheat program was held on Friday in Edelény. At the event, László Kövér, the Speaker...
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The Chamber launches free training for budding entrepreneurs
The Hungarian Chamber of Commerce and Industry (MKIK), in collaboration with regional chambers, is launching a new, free training course for business planners and managers of existing companies. The aim...
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Apple is the world’s most valuable brand for the fourth year in a row
Apple has topped the list of the world’s most valuable brands for the fourth time in a row this year. According to the “BrandZ Top 100 Most Valuable Global Brands”...
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SPAR presents its own brand offering with Roland Sallai
SPAR Hungary is launching a nationwide campaign with Roland Sallai, a key player for the Hungarian national football team. The company is proud of the quality of its own-brand products...
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Eszter Vitályos visited the Szobi factory: the brand beloved by Hungarians is experiencing a new era of glory
The Szobi brand name and its related products may be familiar to millions of Hungarians. The brand has a history spanning several decades, although it has had some difficult years,...
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We cracked the collagen code: here’s what works and what’s just empty promises!
Collagen has been quietly doing its job in our bodies for thousands of years, but today it has taken on a prominent role in maintaining health, as many people see...
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New challenges, innovative answers in sunflower and corn cultivation
Hungarian agriculture has reached a crossroads: the effects of climate change, economic pressure, and the withdrawal of plant protection active ingredients are collectively transforming the future of crop production. At...
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K&H: CEOs of large companies are finally reaching into their pockets when it comes to development
Significant changes have taken place in the investment willingness of large companies, according to the second quarter research data of the K&H Large Company Growth Index 2025. Although company managers...
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Lenovo’s quarterly profit doubled
China’s Lenovo Group, the world’s largest personal computer maker, reported a better-than-expected second-quarter profit after tax of $505 million, up 108 percent from $243 million a year earlier, according to...
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A distributor has recalled a kitchen appliance due to the risk of releasing a carcinogenic substance
Due to the risk of a carcinogenic substance leaching, TEDi Árukereskedelmi Kft. has initiated a recall of the product called Habkanál that it distributes, the National Trade and Consumer Protection...
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Huge rush in ALDI’s sale – stores open earlier on Sundays
ALDI Hungary’s one-week clothing sale exceeded all expectations: on the first day, customers purchased nearly 290,000 products. Due to the extraordinary interest, stores will open an hour earlier on Sundays,...
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Fidelity survey: Investors defy general uncertainty
With the restructuring of global systems, investors must navigate an environment where traditional assumptions – including those related to government policy, interest rates, and market stability – are becoming increasingly...
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New CFO and Supply Chain Director joins HEINEKEN Hungária team
New professionals have joined the management of HEINEKEN Hungária Zrt. in two key areas. Both Rozália Göcsejiné Kiss and Attila Frang Géza will play a decisive role in implementing the...
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Juvencio Maeztu is the new CEO and President of IKEA and Ingka Group
Juvencio Maeztu, current Deputy CEO, has been with IKEA for 25 years in various positions. He started his career as a store manager in Spain in the early 2000s and...
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Kifli.hu customers ordered a record amount of liquid this summer
Kifli.hu customers ordered a record amount of juice, water and other drinks this summer. During the heat wave and holidays, interest in alcoholic products increases. According to the online supermarket,...
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The Hungarian Competition Authority is investigating Aldi’s market leadership claims.
The Hungarian Competition Authority (GVH) has initiated competition supervision proceedings against Aldi Magyarország Élelmiszer Kereskedelmi Bt. (Aldi), a retail company with nearly 200 stores in Hungary, for using market leadership...
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SPAR regarding the Kisújszállás store closure: there is no talk of a nationwide wave of store closures
On August 24, Spar’s store in Kisújszállás will open its doors for the last time – the company confirmed, stating that following this year’s profitability review, it has decided the...
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Management changes at Mol – a new leader at MOHU, too
MOL Plc. has announced several personnel changes affecting the company’s top management and its circular economy services division. In a stock exchange statement, the company informed shareholders that József Simola...
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McDonald’s in Japan halts Pokémon card sale, food waste follows
Unopened burgers and spilled fries were left behind after McDonald’s in Japan launched a promotion over the weekend, featuring limited-edition Pokémon cards hidden in its Happy Meal menu, sparking a...
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Waberer’s is building a logistics center of almost 22 thousand square meters in Debrecen
Waberer’s is building a logistics center of almost 22 thousand square meters in Debrecen. The construction of the facility started in November last year, the hall reached the structurally ready...
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Artificial Intelligence in the Workplace: Who Uses AI?
The GKI conducted a survey in July on a representative sample of 1,000 people in Hungary to examine the prevalence of artificial intelligence (AI). Who uses AI and for what...
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