Company and Personal News

Euronics strengthens with same-day delivery and parcel vending service

Our country’s largest exclusively Hungarian-owned e-retailer, Euronics, made online ordering even more convenient and faster with new services. The company’s online store is becoming more and more popular every year,...

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The GVH is investigating the excessive pricing practices of importers

Within the framework of a complaint procedure, the Economic Competition Authority (GVH) is investigating the excessive pricing of certain foods produced abroad. The competition authority’s experts analyze market behavior related...

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The apples from Szabolcs and the cherries from Szatmáry won again at the international GREAT TASTE competition

The 30-year-old family business from Mátészalka, Nobilis Zrt., was once again listed among the world’s leading food manufacturers this year, and won the highly successful international Great Taste award with...

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K&H: Innovative superfood, but many people still dislike it

Since the publication of the insect protein regulation in February, more and more people are talking about this raw material, which is considered a novelty for us. However, there is...

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Edenred comes under Hungarian ownership and is renamed Rewin

Edenred, the largest player in the domestic, widely expendable benefits market, will be owned by Hungarians and will continue to operate under the name Rewin. Part-owner András Gyenes, who is...

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The income of the world’s largest manufacturer of luxury goods increased

The revenue of LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury goods manufacturer, increased by 15 percent to 42.2 billion euros in the first half of the year...

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Tesco and Lidl were also squeezed by the special tax

Tesco and Lidl both faced significant challenges due to the special retail tax, yet they managed to achieve substantial profits despite the unfavorable conditions and unfriendly government measures. The financial...

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Media Markt CFO: Consumer habits have completely changed

The impact of the high interest rate environment has brought significant changes to consumer lending, with a decrease in 0% APR loans and an increase in loans with 15% APR....

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After the price stop, Auchan introduced a quantity limit

HVG noticed that Auchan almost immediately introduced a quantity restriction on products that were removed from the price cap on August 1. We can buy 2 kg of granulated sugar...

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Up to twice the value of SZÉP card purchases can be recovered, and the price of 300 products remains unchanged at SPAR

From August 1, 2023, you can use the SZÉP card of all service providers to pay for cold and hot food in the stores of SPAR Magyarország Kft., in fact,...

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As of August 1, Tesco’s chicken breast, chicken leg and pork leg are on sale

Even cheaper than the previous price-stop price, chicken breast fillets, chicken thighs and pork legs on the counter are available at Tesco for less, and in addition, they are available...

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From August, you can pay again with the SZÉP card in Auchan stores

From the first of August, the OTP, K&H, MKB SZÉP card can also be used in Auchan stores. Until now, you could use them to pay for locally consumed food...

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The Shell Café Food Truck has started its journey

Shell Hungary zRt. launched the Shell Café Food Truck in July, which brings the premium products of Shell Cafés, including freshly made barista coffee specialties in both hot and iced...

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Euronics is opening four new stores in different parts of the country

After the complete renovation of its stores in Budaörs and Dombóvár, the Hungarian-owned Euronics is expanding its nationwide physical store network with new units. In the next three months, the...

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Better-than-expected half-year results at DSV

DSV is one of the most important transport and logistics companies in the world, which also plays a leading role in Hungary. The global company reported better-than-expected first half results...

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New GfK CMO survey out

In a global research with over 600 CMOs and senior marketing decision makers, GfK has examined their perception of success factors driving effective marketing in their companies, broken down into...

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The cooperation between DVTK and Borsodi continues

The cooperation between DVTK and Borsodi continues, so one of the most popular beer brands in our country remains one of the main sponsors of DVTK in the NB I...

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New executive in the decision-making body of Mercedes-Benz Manufacturing Hungary Kft

Logistics director Hajnalka Szetei took over one of the five executive positions at the Mercedes-Benz factory in Kecskemét from July 1, 2023. His predecessor in the executive position, Péter Mátis,...

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PENNY stores will accept SZÉP cards as a means of payment from August

PENNY gives its customers more again: in accordance with the government decree, the store chain enables payment with the Széchenyi Pihenő Card in all 229 units in Hungary. Thanks to...

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The school supplies fair has started at Auchan

The products needed for the start of school have arrived in Auchan stores. Parents and students preparing for school are welcomed with an offer that is unique in the domestic...

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The first shop-in-shop concept Rossmann has opened

Rossmann opened its first shop-in-shop store in the Tesco department store on Fogarasi út, achieving another milestone in business expansion. The new concept is expected to make it even easier...

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LG achieved the highest second quarter sales in its history

LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit of KRW 741.9 billion. The company recorded the highest second-quarter revenues in company...

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EFSA: “Keep plants healthy and protect life

The European Food Safety Authority (EFSA), the European Commission (EC) and their partners are launching the #PlantHealth4Life campaign in the member states of the European Union (EU). The aim of...

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From August, a new manager will manage FrieslandCampina Hungária Zrt

As of August 1, Ferenc Szecskó is the CEO of FrieslandCampina Hungária Zrt., the food industry company told MTI on Wednesday. Ferenc Szecskó has been a member of FrieslandCampina’s management...

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SPAR Hungary has published its first Sustainability Report

For many years, SPAR Hungary has been striving to reduce the burden on the environment as much as possible during its commercial operations and production processes, to protect the health...

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Generali EnterPrize tender: family organic farms, manufacturing and system integrator companies, and research and development companies among the winners

Small and medium-sized enterprises play a significant economic role both at the domestic and European Union level; they form the solid foundation of the economy of the developed world. Supporting...

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Miller Genuine Draft premium beer brand has teamed up with famous tech house DJ Hot Since 82 for a new global campaign

Miller Genuine Draft and Hot Since 82 will host five unique parties in key locations around the world, giving fans a chance to celebrate together. Premium beer brand Miller Genuine...

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The drogerie markt is opening its new regional central warehouse in the largest continuous modern industrial building in the Budapest area

Another major international company has chosen the industrial real estate development of the Futureal group. In November, the German chain can take over the 18,000-square-meter warehouse in the first award-winning...

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School supplies arrive at Lidl stores at last year’s prices

Lidl Hungary’s back-to-school catalog has been published, which includes a wide range of school supplies, creative tools, books and other products related to learning. In the case of the goods...

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Euronics expects declining demand this year

Despite the market challenges, Euronics closed its 2022-2023 business year with stable traffic growth and a significant expansion of its online market share. According to the company that operates the...

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