News and articles

REWE Earmarks €3bn To Expand Penny In Romania

German retail group REWE has announced a €3 billion, ten-year investment plan for the expansion of its Penny discount brand in Romania. In 2024, Penny invested €177 million in Romania,...

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McDonald’s has filed for trademark registration in Russia

McDonald’s has filed an application with the Russian patent office, Rospatent, to register the trademark “McDonald’s”, writes Telex, following Meduza. The company filed the application in December 2024, which Rospatent...

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AM: Agro-ecological Program payments continue

The Agro-ecological Program (AÖP) payments continue, partial payments have started for another 2,585 applications, with almost 9.8 billion forints reaching eligible farmers in the third week of April – the...

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Animal keepers have a huge responsibility in curbing the foot-and-mouth disease virus

Animal keepers have a huge responsibility in stopping the spread of the foot-and-mouth disease virus, and all farmers must comply with the regulations – the Minister of Agriculture emphasized at...

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Just Eat Takeaway struggles with decreasing orders

Just Eat Takeaway saw its number of orders decrease, but its average order value went up. As a result, the meal delivery company is sticking to its annual targets and...

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Further growth is supported by AutoWallis’ profit last year

At the annual general meeting of AutoWallis, shareholders approved the company’s 2024 annual report. Based on the decision of the owners, last year’s profit of AutoWallis will be transferred to...

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No need to pay agricultural water service fee this year for irrigation water use

Farmers have had to deal with extremely serious challenges in the recent period, as in addition to the effects caused by historical droughts and war, production costs have also increased...

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OKSZ: the margin stop has achieved the desired effect, it can be exited

The average basket value of the foods affected by the margin freeze has clearly decreased compared to the period before the regulation came into force. At the same time, the...

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Escalating tariff war and search for new markets: European food exports in a difficult situation

The announcement of US punitive tariffs and the escalation of trade tensions are presenting new challenges to the European food industry, writes vg.hu. While the European Union is one of...

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ROSSMANN: No tragedy, we’ll solve it! – new image campaign launched in spring 2025

ROSSMANN, one of the most dynamically developing drugstore and perfumery chains in Hungary, reached another milestone in 2025: on April 19, it launched its latest image campaign, which is based...

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Sustainable growth: global corrugated board market could rise to over $206 billion by 2032

The packaging industry is on the verge of a breakthrough: the global corrugated cardboard market could reach $206 billion by 2032, while AI could generate savings that could replace up...

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Pro Form Ltd. and the University of Technology have developed an increased heat-resistant PET packaging material

Pro-Form Industrial and Commercial Ltd. has jointly developed a PET packaging material with increased heat resistance with the Budapest University of Technology and Economics, and the project has been awarded...

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We’re not leaving the cleaning to robots for now

Price-value ratio is the most important consideration among Hungarians when purchasing household cleaning equipment, and they switch to more modern machines in the hope of more efficient and thorough cleaning...

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Employees are more active than at this time last year

Employee activity remains high in the Hungarian labor market: while the number of job advertisements decreased by 0.97% in the first quarter of 2025 compared to the same period of...

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You can once again sell your unnecessary mobile phones, chargers and other gadgets at Auchan!

Auchan Hungary is joining the “Passzold Vissza, Tesó!” campaign of the KÖVET Association, the Jane Goodall Institute, the Védegylet Association and the Foundation for Africa for the third time. The...

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Kifli.hu renews its premium program

Kifli.hu’s parent company, the Czech Rohlik Group, has introduced Xtra, its most comprehensive discount program to date, replacing the Premium package at Kifli.hu. Xtra is not a simple upgrade: it...

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PepsiCo under pressure: falling profit expectations, tightening regulations, falling demand

PepsiCo has cut its profit outlook for this year, as the company says the unpredictability of US trade policy, deteriorating consumer sentiment and health-conscious regulatory actions are all having an...

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Strict regulations and measures remain in place due to the COVID-19 virus

The National Food Chain Safety Office (Nébih) draws attention to the fact that strict rules are still in force to stop the foot-and-mouth disease (FMD) disease. The virus continues to...

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Science knows no borders

The future of a country lies in knowledge, innovation and in those young people who bravely ask questions, research and seek new answers today – stated István Nagy, Minister of...

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Asparagus season starts in Hungary: export powerhouse or gastronomic opportunity?

While it is celebrated as a spring delicacy in Western Europe, it is still only consumed by a small number of people at home – even though Hungary is one...

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Can a new Hungarian grape variety conquer the entire country?

The most typical fungal disease-resistant grape varieties and high-added-value wine products were developed by the consortium of Varga Winery Ltd. and the University of Pécs (PTE) with the support of...

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GVH: Leading economists from the world’s competition authorities will meet in Hungary in April

Between April 23-25, the Hungarian Competition Authority (GVH) and the International Competition Network (ICN) will organize a professional meeting of leading economists in Hungary, which will be attended by 59...

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FECSO: the goal is shaping attitudes

The formation of the Association for Sustainable Packaging (FECSO) was announced at a press conference, where key players from the industry talked about the importance of sustainable packaging and the...

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Coupon fever in Hungary

Nearly half of Hungarians use coupons every month and many of them save more than HUF 5,000 on a single shopping occasion thanks to promotions, according to a representative survey...

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Márton Nagy: the next step in the price drop is coming

After reducing food prices and halting premium increases in the banking and telecommunications sectors, it is now the turn of insurance companies, announced Minister of National Economy Márton Nagy in...

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Agro-ecological Program payments continue

A further 2,585 applications have been partially paid under the Agro-ecological Program (AÖP), with almost 9.8 billion forints reaching eligible farmers in the third week of April. With these payments,...

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Adidas reports 12.7% increase in quarterly revenue

The German adidas, one of the world’s leading sportswear manufacturers, reported a 12.7 percent increase in revenue to 6.153 billion euros in the first quarter of this year from 5.458...

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Strict regulations and measures remain in force due to the FMD virus

The National Food Chain Safety Authority (Nébih) draws attention to the fact that strict regulations are still in force in order to stop the foot-and-mouth disease (FMD) disease. The virus...

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The eNYUGTA subpage of the Hungarian Tax Authority (NAV) providing information about the e-cash register system has been launched

The eNYUGTA subpage has been launched on the website of the National Tax and Customs Administration (NAV), where the office publishes all important information about the e-cash register system that...

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The MNB’s summer campaign also warns against travel cyber fraud

The new consumer protection campaign of the Hungarian National Bank (MNB) supports the reduction of financial risks during the holiday. The central bank indicated in its statement on Thursday that,...

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