Company and Personal News
Mol: the Hungarian population is increasingly open to solutions that strengthen the circular economy
The Hungarian population is increasingly open to solutions that strengthen the circular economy, such as selective waste collection, and almost 40 percent of respondents are convinced that waste is a...
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Quality and innovation: SPAR’s own-produced range expanded with 51 new products
Fifty-one new, high-quality food products have been added to the range of products produced in SPAR Hungary’s Bicske, Perbál and Üllő plants. In addition, as a real speciality, the chain...
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PICK Bordeaux tours expand with three new routes
Almost half of Hungarians exercise regularly, at least 1-2 times a week, and only one-fifth of the population said they do not exercise at all, according to the results of...
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Q-Automotive Ltd. and SZTE are developing a biopolymer-based packaging material that can be composted at home
Q-Automotive Kft. and the University of Szeged (SZTE) are developing a biopolymer-based packaging material that can be composted at home, with the support of the National Research, Development and Innovation...
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These are Lego’s most expensive worker sets – rare sets at astronomical prices
Every year, LEGO surprises its employees with exclusive sets that are never released to the public. These rare, limited-edition sets become highly sought-after collectibles, often selling for exorbitant prices on...
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K&H has once again received the title of “Hungary’s Best Digital Bank”
For the third time in a row since 2022, K&H Bank has won the “Best Digital Bank in Hungary” award, awarded by the renowned British financial magazine, Global Banking and...
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Wholesale price growth in Germany slowed on a monthly basis, but accelerated on an annual basis in February
In Germany, wholesale price growth slowed down on a monthly basis in February, but accelerated on an annual basis, according to data released by the German Federal Statistical Office, Destatis,...
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Balance and beauty in everyday life – Balance by Béres Alexandra products are now available at Rossmann
Alexandra Béres’ Balance brand debuted at Rossmann with new beauty products that support physical and mental balance with their ingredients based on premium active ingredients. At the exclusive presentation event,...
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Auchan stores will celebrate Consumer Protection Day on March 14th
Auchan Hungary organized World Consumer Protection Day in its stores every year from 2017 until the onset of the Covid epidemic, and this tradition is being revived this year. On...
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Hungarian expert among the finalists of the European Marketer of the Year 2025
The finalists of the EMC European Marketer of the Year 2025 competition, which brings together European marketing associations, have been announced. Zsófia Bánhegyi, Commercial Director of Szerencsejáték Zrt., has also...
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This is how PENNY will be open on the weekend of March 15th
PENNY Hungary has introduced a significant price freeze measure: the company has frozen prices for 70% of its meat product range, so customers can still access the products at the...
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Target price increased to HUF 225 and buy recommendation for AutoWallis shares
In addition to maintaining the buy recommendation, MBH Investment Bank raised its 12-month target price for AutoWallis Plc. shares from HUF 223 to HUF 225 in its latest analysis. Prior...
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Challenges and opportunities of the turkey sector: this is how Gallicoop sees the future
Turkey meat was a key product on the domestic and international markets for years, but the crises of recent years have significantly reduced consumption, especially in Hungary. The rise in...
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Prices of Hungarian products in Denmark: surprising differences between domestic and foreign prices
Food prices in Hungary continue to rise sharply, so more and more attention is being paid to foreign prices – especially when it comes to Hungarian products. A TikToker, bojtoslili,...
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Chocolate among the stars – The Stühmer conquers space!
Stühmer, Hungary’s iconic chocolate brand, is making history again: soon you can taste Hungarian chocolate in space. The company’s unique development, the Stühmer Moment Corfu “space chocolate”, will travel to...
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More than 1.1 million Munch food rescue packages have already found their homes in SPAR stores
In total, more than 1.1 million Munch food rescue packages have been purchased by SPAR store customers since the innovative service was introduced in 2022. Among them, around 500 thousand...
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Peroni Nastro Azzurro 0.0% and Scuderia Ferrari HP global partnership enters second year with special campaign
In the spirit of Italian passion and style, Peroni Nastro Azzurro 0.0% and Scuderia Ferrari HP, two iconic Italian brands, are celebrating their second year of partnership. The Italian Way...
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Shopper Park Plus Plc. acquired a retail park portfolio in Slovakia
Shopper Park Plus Plc. (SPP) has acquired a Tesco-centric retail park portfolio in Slovakia, thereby becoming the owner of four retail parks and shopping centers in Slovakia (Žilina, Nitra, Nagyszombat...
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PENNY announces inflation freeze
PENNY Hungary has frozen prices for 70% of its meat product range, so popular products are available at the previous favorable or reduced prices. The inflation freeze also affects Easter...
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Puma at historic low: stock plunge, layoffs and dividend cut
German sportswear manufacturer Puma is struggling financially due to weak markets in the US and China and global geopolitical tensions. The company announced 500 job cuts and a dividend cut,...
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Szentkirályi Magyarország Kft. is recalling chips due to a packaging error
Due to a packaging error, Szentkirályi Magyarország Kft., as the Hungarian distributor of Lays products manufactured by Frito Lay sp. z o.o., is recalling chips and will provide free replacements...
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NAV President: the data reconciliation procedure further whitens the economy
The National Tax Office (NAV) will focus more on filtering and correcting individual data discrepancies, and in 2025, a new legal institution, the data reconciliation procedure, will be available to...
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Kifli.hu presented its own brand of recycled paper products
Moddia PureCycle, the new, environmentally conscious offering of Kifli.hu’s own-brand Moddia product line, has become available in Hungary. The new brand offers customers tissue paper, kitchen towels and toilet paper...
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Concorde and OTP both recommend AutoWallis shares for purchase with an increased target price
Following Concorde Securities, OTP Bank also updated its analysis of AutoWallis Plc. shares, with the two analysts recommending a buy on the shares of the region’s leading integrated car dealership...
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Foie gras is one of Hungarians’ favorite luxury foods
In our country, most people consider caviar, truffles and foie gras to be luxury foods, and of these, foie gras, considered more accessible and considered a Hungarian delicacy, is the...
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SPAR Hungary spent nearly 220 million forints on supporting social causes last year
Since its founding, more than 30 years ago, social responsibility and support for charitable causes have been an important part of SPAR Hungary’s corporate culture. The company helps thousands of...
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Tesco creates collaborative platform to end menstrual poverty
Tesco announced the creation of a platform dedicated to eradicating menstrual poverty at the Equality Foundation’s annual Women’s Day conference. The initiative aims to use the power of collaboration to...
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ERSTE Open-Ended Real Estate Investment Fund has closed the biggest deal of the decade with the purchase of two HelloParks warehouses
In the framework of the largest single transaction ever in the domestic industrial real estate market, ERSTE Open-Ended Real Estate Investment Fund will acquire two HelloParks warehouses in Páty. The...
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New competition supervision procedure for products advertised as “whole grain”
The Hungarian Competition Authority (GVH) has launched new competition supervision proceedings against three food retail chains, based on consumer complaints, alleging that Spar, ALDI and Tesco are engaged in misleading...
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DHL Group’s profit fell by 9 percent last year, it will cut 8,000 jobs in Germany this year
German postal and logistics company DHL Group reported a 9 percent drop in profit last year, while revenue rose 3 percent. The company on Thursday launched a multi-year cost-saving program...
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