News and articles
GenAI’s impact on retail unfolding faster than expected
Retailers now leverage GenAI for a competitive edge in communications, marketing, and operations. The impact of generative AI (GenAI) is inevitable and will disrupt various sectors, including retail, according to...
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The risk management of producers can only be improved through cooperation
On June 20, 2024, the Agricultural Economics Institute (AKI) hosted the workshop entitled “Experiences of the agricultural risk management system in 2023” for the tenth time. After presenting the results...
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Lactalis to shut another dairy plant in Romania
The French dairy giant has largely grown its Romania operations through M&A, with twin deals in 2016. French dairy major Lactalis plans to close a factory in Romania acquired through...
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Generation Z has grown up: it’s time to break down stereotypes
Generation Z, once characterized by the stereotype of “gamer kids”, is now emerging as mature adults in joint research by GWI and Publicis Groupe CEE. It is time to reevaluate...
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New agricultural irrigation development projects may be implemented
Irrigation development has now become of decisive importance in maintaining the safety of agricultural production and in the cultivation of crops with high added value under the changed climatic conditions.mThe...
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This is how your business uses mobile banking
The life and operation of businesses is largely determined by the degree to which they digitize their processes. Finance is at the forefront in this field, since in addition to...
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New senior analyst at Equilor Befektetési Zrt
Gergely Muhi joined the more than 30-year-old Equilor Befektetési Zrt. team as a senior analyst. The specialist with significant experience previously worked for more than a decade in the analyst...
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One in three Irish families grow their own fruit and vegetables
According to a study by SuperValu and GIY (Grow it Yourself), a third of families in Ireland grow food at home and eight out of ten would like to do...
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Food prices may continue to rise due to price adjustments following inflation
This spring, a number of companies were confronted for the first time with the phenomenon of inflation-tracking price adjustments, which, although they existed before, have now become really perceptible and...
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Heat alarm and discount readiness: this is how domestic chain stores react to the heat wave
While the summer heat is raging, domestic retail chains also take the opportunity to launch their best heat-fighting promotions in the 25th week. Based on the Világgazdaság article, Lidl, Penny,...
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The award ceremony of the 11th National Pálinka and Törkölypálinka Competition took place
The 11th edition of the National Pálinka and Törkölypálinka Competition makes a significant contribution to the building of Hungarian pálinka culture, to the promotion of consumers’ information, and to the...
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PENNY started the summer with a big surprise
On June 12, not only the barbecue season started at the discount chain, but also the well-known PENNY car, with which the PENNY team surprised the capital’s editorial offices with...
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Lower meat prices
According to AKI slaughtering statistics, 178.9 thousand tonnes (live weight) of poultry were slaughtered in Hungary in the first three months of 2024, 15% more than in the same period...
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ALDI Hungary: The fleet of electric trucks has doubled
ALDI Hungary has taken a significant step in the field of sustainable goods transport: the company announced that it has expanded its fleet with two new electric trucks, thus doubling...
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Social responsibility and billions in savings – employment of people with disabilities creates value
Every year, domestic enterprises pay almost HUF 200 billion as a rehabilitation contribution to the state coffers, since the proportion of employees with disabilities does not reach five percent. According...
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K&H: an exemplary alliance in the field of artificial intelligence development
The research cooperation agreement signed today by the representatives of the University of Szeged and the K&H Group aims at a more thorough understanding of the functioning of natural human...
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Beer prices in Budapest are favorable
Significant differences can be observed in the prices of draft beers between major European cities. Oslo follows the Icelandic capital with 9.6 euros and Copenhagen with 8 euros. Other big...
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Food e-commerce isn’t for everyone (yet)
The democratisation of online grocery shopping is taking longer than initially expected given the worldwide hype around e-commerce. Persistent cost inflation has forced retailers to launch initiatives to curb staff...
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Walmart to remove self-checkouts from some of its stores
Following Target, Dollar General and other chains, Walmart has begun to recalibrate its strategy for self-checkouts and the checkout experience. Walmart is removing self- checkouts in some of its stores...
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József Bock received the Lifetime Achievement Award of the Hungarian Wine Academy
The signal of the Hungarian Wine Academy, in honor of winemaker József Bock, rang out in the Hunting Hall of the Parliament. The Villány specialist was greeted by his family...
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Kifli.hu has also reached summer camps with its healthy offer
Kifli.hu, which has already proven itself with the kindergarten catering program, continues to expand its services and makes its offer available in summer camps as well. The company also wants...
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This is how big chain stores prepare for the Balaton season
As summer arrives, it brings significant changes to the opening hours of stores in Hungary, especially around Lake Balaton and other popular resorts. Vacations at the Hungarian seaside have become...
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Last year, Barion, which offers online payment solutions, achieved an increase in sales of nearly 60%
Barion, specializing in data-driven payment solutions, already serves its e-commerce partners in more than 15 countries. In 2023, the Hungarian fintech company achieved a total of 6.8 million euros in...
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Restoring the EU’s competitiveness is the most important thing
Restoring the competitiveness of the European Union is the most important priority in the program of the Hungarian EU presidency, said the Parliamentary State Secretary of the Ministry of European...
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South Korea’s dermocosmetics market ranks 6th globally
It has attracted competition from „concept-dermo,” „dermo-inspired” and „pharma-dermo” brands. South Korea ranked sixth in the global dermocosmetics market in 2023, according to Euromonitor’s latest Beauty and Personal Care research....
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K&H: What happened to the HUF? What would be needed in Hungary and what can be expected in Europe?
Despite the weakening of the forint seen in recent days, the euro may remain in the band between 385 and 400 forints this year. At least that is what Dávid...
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Adoption of the European Green Agreement and its effects on the agricultural industry
At the beginning of the week, despite protests from several countries including the Netherlands, Italy, Sweden, Finland, Poland, and Hungary, and with Belgium abstaining, the European Union’s Environmental Council ultimately...
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Intelligent speed assistant, breathalyzer and black box: a big change is coming to the new car market from July 7
From July 2024, only newly manufactured vehicles can be put on the market in Europe that have the prescribed, advanced safety and driving support systems. According to EU legislation, all...
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Metro Italia Expands In Sardinia With Olbia Store Plans
Wholesaler Metro Italia has announced plans to open its third store in Sardinia in the spring of 2025, catering to the booming tourism and hospitality industry in the region. The...
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Outstanding successes in Badacsony at the Italian Riesling World Championship
Badacsony wines achieved outstanding results at the third GROW du Monde international competition, which was hosted by Hungary this year. 349 domestic and foreign wines competed at the World Championship...
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