News and articles
The number of convenience stores in Hungary is decreasing
The trend of recent years leaves no doubt: the number of Hungarian retail stores is constantly decreasing. According to the latest data from the Central Statistical Office (KSH), in June...
Read more
MTÜ: the commercial promoting Budapest can reach hundreds of millions worldwide
The latest tourist commercial promoting Budapest can reach hundreds of millions worldwide, and its effects can already be measured in the pre-booking data – said the CEO of the Hungarian...
Read more
OKSZ: care must be taken with returnable bottles
As of July 1, 2024, metal, plastic, and glass beverage packages sold in stores over 400m2 must be exchanged with the return exchange machines provided by MOHU, with the exception...
Read more
Lidl and WWF have entered into an ambitious international collaboration
Lidl, one of the largest retail companies, and WWF, one of the world’s largest independent conservation organizations, have announced the launch of a new five-year international and strategic partnership spanning...
Read more
From today, you don’t have to pay VAT when you buy own-brand menstrual products in Tesco
From June 27, 2024, Tesco will waive VAT on the prices of all its private label feminine hygiene products. Not only does the company help women reduce their regular extra...
Read more
Amazon has joined the $2 trillion club
Amazon on Wednesday joined the small group of companies with a market value of more than $2 trillion. The e-commerce giant joins Microsoft, Apple, Nvidia and Alphabet, which owns Google,...
Read more
Sustainability surcharges on airplanes are coming
Deutsche Lufthansa, Europe’s largest airline, has announced that it will introduce a new levy from January 2024 to cover the rising costs of sustainable fuels needed to reduce aircraft emissions....
Read more
Is the period of cheap holidays abroad over?
We have witnessed a drastic transformation of global travel habits in recent years, as traditional travel seasons gradually disappear due to the pandemic and climate change. The tourism industry is...
Read more
Sweet corn is available for pennies
2024 is clearly the year of weather and market changes in the domestic fruit and vegetable market. By now, customers have gotten used to the fact that the shift in...
Read more
Szallas.hu: Balaton attracted the most Hungarian guests in the second quarter
Every fifth domestic reservation was in the Balaton area in the second quarter, according to Szallas.hu data. Around the Hungarian sea, Siófok, Hévíz and Balatonfüred were the most popular, and...
Read more
OTP Bank’s New Marketplace, fizz.hu, Attracts 750,000 Customers with its Novel Approaches in E-commerce
OTP Bank’s innovative platform, fizz.hu, has made a successful entry into the e-commerce sector, attracting 750,000 customers since its launch. Under the leadership of András Fischer, OTP’s Director of Innovation,...
Read more
István Nagy: Hungarian winemakers are at the international professional forefront
Hungarian winemakers are at the international professional forefront, they are known and recognized in Europe and around the world – emphasized the minister of agriculture at the 43rd National Wine...
Read more
The University of Debrecen and Hell Energy Hungary cooperate
The Faculty of Economics of the University of Debrecen and Hell Energy Magyarország Kft. signed a cooperation agreement on Wednesday at the Böszörményi úti Campus of the University of Debrecen....
Read more
Baker McKenzie: appointment of new partners in the Budapest office
As of July 1, 2024, Baker McKenzie has elected Márton Horányi, the co-head of the competition law practice of the Budapest office, as an international partner, while Dániel Orosz, a...
Read more
Hybrid working is not good for the office market
The effects of the pandemic can still be felt in the American office market years after the global health crisis. According to Moody’s latest report, it is expected that by...
Read more
Nébih relies on the public’s opinion in the soil protection questionnaire
The soil protection effort of the National Food Chain Safety Office (Nébih) is to present the population with the diversity of our country’s soils, soil cultivation and nutrient management habits,...
Read more
PwC: workplace changes encourage employees to develop their skills in the long term
Globally, almost half of employees (45 percent) feel that their workload has increased significantly in the past year, and two-thirds of them feel insecure due to the acceleration of changes...
Read more
Plant-based food sales fall to USD 8.1bn in the United States
Only 15% of US households bought plant-based products in 2023, 19% less than in 2022. This article is available for reading in Trade magazin 2024/6-7 Sales of plant-based meats and...
Read more
A good day to die hard
Perhaps the least interesting question is what actually happened in 2023. Business as usual, you could say, since Covid abnormal is the “new normal” – we will get through this...
Read more
The new call for tenders for developing domestic horticultural production has been published
A new call for tenders has been published with a budget of HUF 50 billion to support the creation and modernization of horticultural greenhouses, cold storages, and vegetable storage facilities,...
Read more
K&H: again at the top of the Financial Times ranking
K&H’s Belgian parent bank, the KBC Group, was included in the Financial Times magazine’s Climate Leaders list in 2024. In the last five years, it has reduced its own carbon...
Read more
Yettel forms a new board with a new director
The Directorate of Artificial Intelligence and Data Analysis, headed by the Bulgarian specialist Denitsa Gavrilova, will start operating on July 1. In addition to a reliable and fast mobile network,...
Read more
Budapest is scoring higher and higher on the livability list
Vienna continues to offer the best quality of life among the world’s big cities, Budapest is among the fastest-improving cities and is in the top five of the list according...
Read more
Pécs and Timișoara cooperate in animal disease research
The National Laboratory of Virology of the University of Pécs and the King Mihály I University of Life Sciences in Timișoara agreed on research and education cooperation related to animal...
Read more
SHEIN launches Korean website
This affirms the group’s commitment to catering to the Korean market. Global online fashion and lifestyle retailer, SHEIN has announced the launch of its dedicated Korean website, https://kr.shein.com/. Based in...
Read more
Nestlé introduces sustainably sourced chocolate brand
The confectionery offering, which uses cocoa certified by the Rainforest Alliance, will be available in airports around the world. Nestlé is launching Sustainably Sourced chocolates, the food and beverage giant said in a...
Read more
dm-drogerie markt Rolls Out Express Delivery Service In Bonn
German retailer dm-drogerie markt has rolled out an express delivery service in Bonn, extending the service to eight cities in the country. The company relies on cargo bikes and e-vehicles...
Read more
Agrometeorology: the rain was good for sunflowers and corn, but not for wheat and canola waiting to be harvested
The rainy weather of the past week was good for sunflowers and corn, but not for wheat and canola, which are still waiting to be harvested, HungaroMet Zrt wrote in...
Read more
EY and denkstatt join forces
From now on denkstatt operates as “EY denkstatt”, as part of EY’s global sustainability team – with over 60 experts helping local companies in environmental and sustainability issues. This article...
Read more
Bocco Doro ice cream in jar
Bocco Doro is a family-owned Hungarian ice cream company that is just conquering the market. Their latest development is ice cream in a jar. The 500ml retail and 200ml HoReCa...
Read more