News and articles
The advantage of food inflation: have consumers become more aware?
The change in the economic situation has an impact on consumer behavior across Europe, including Hungary, where customers are increasingly conscious of their spending. Nowadays, due to significant inflation, a...
Read more
SPAR is preparing for the barbecue season with a thousand tons of marinated meat and new flavors
SPAR Hungary is preparing for this season with many new flavors and the usual high-quality products. Thanks to the company’s meat plants in Bicske and Perbál, 1,000 tons of marinated...
Read more
Tesco and Elelmiszerbank are Civil Award winners
The collaboration between the Élelmiszerbank (Hungarian Food Bank Association) and Tesco food rescue was honored with a special award and an audience award at the 2024 Civil Award competition. The...
Read more
Joint workshop by ÖRT and the Ministry of Justice
With record attendance, the Advertising Self Regulatory Board (ÖRT) held its first joint workshop with experts from the Ministry of Justice, about the activities of the consumer protection authority in...
Read more
IKEA has achieved significant growth in the 2022-2023 business year
IKEA achieved considerable success in the 2022-2023 business year in Hungary, where the net sales revenue from domestic sales reached HUF 146 billion, which represents a 12 percent increase compared...
Read more
The “Thank you, SIÓ!”program supports schools by distributing 150 tablets and providing educational content
SIÓ-Eckes’ application to support schoolchildren has been renewed: from 2024, “Thank you, SIÓ!” in a program called the company aims to support the digital education of schools, so that children...
Read more
The cherry season has started with low prices, a good harvest is not expected
This year, the cherry season started at low prices at the end of May, which, according to experts, shows a similar trend to the price development of the strawberry market....
Read more
Profession.hu: Intensification of recruitment is expected in the field of manufacturing and production
In the past year and a half, recruitment in the manufacturing and production sector has continued to slow down, and this trend is in line with the national situation: companies...
Read more
That’s what they will storm the shops for if a disaster strikes
Based on the lessons learned from the coronavirus epidemic, it is important to prepare for unexpected events, be it nuclear war, natural disasters or armed conflict. Based on what we...
Read more
It takes a long time for cheap Chinese products to reach us
Cheap products ordered from China take a long time to arrive, which causes concern among buyers. Companies like AliExpress, Shein and Temu are struggling to improve amid market competition and...
Read more
Half of Hungarians are planning a holiday abroad
According to the latest survey by Insura.hu, this summer 56% of customers are planning a vacation abroad, typically with a stay of at least one week. The survey, based on...
Read more
Glass powder designed to preserve product hygiene was presented
LG Electronics’ (LG) advanced materials business has introduced a new antimicrobial glass powder called PuroTecTM. The innovative material was designed to preserve product hygiene and has a wide range of...
Read more
Fast food is already a luxury for Hungarians
The prices of fast food have increased significantly in recent times, leading consumers to treat these foods as luxury items and consume them less frequently. According to a recent survey,...
Read more
National economy considerations
At a conference organised by the National Association of Plant Based Food Manufacturers and Distributors (NÉGYOSZ), Zombor Berezvai, assistant professor at Corvinus University of Budapest analysed the business and national...
Read more
MBH Bank and HEPA Hungarian Export Development Agency signed a cooperation agreement
MBH Bank and the HEPA Hungarian Export Development Agency signed a cooperation agreement in order to more effectively support companies active in export markets or planning to exit there, the...
Read more
A period of permanent water shortage has been announced
Following the initiative of the National Chamber of Agriculture and the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives, the Minister of the Interior announced a permanent water shortage period...
Read more
This pineapple costs 400 USD, but is a huge success
As a result of more than a decade of development work, the American food company Del Monte presented the Rubyglow pineapple, whose characteristic ruby red color gave it its name....
Read more
Danone Invests In Medical Nutrition Production Line In France
Danone has announced an investment of €70 million in a medical nutrition production line in Steenvoorde, France, as it seeks to boost its Specialised Nutrition business. The Steenvoorde will be...
Read more
This year’s strawberry crop prospects are good
According to KSH data, 5,000 to 5,500 tons of strawberries were harvested annually in Hungary in recent years. This season started earlier than usual, experts expected good harvest prospects. According...
Read more
96% of Europeans shopped online in Q1
At least 95.8 percent of European consumers shopped online in the first quarter of this year. In the United Kingdom, that percentage was 93 percent. And in the Netherlanders, 96...
Read more
In agriculture, the strength for progress is still provided
By using the resources of the new tenders, the agrarian sector can be renewed with HUF 2,900 billion. The goal of the subsidies is to put the domestic agriculture and...
Read more
Colruyt Group tests same-day delivery and pick-up with refrigerated lockers
Collect&Go has started a trial with same-day pick-up and same-day delivery. Another one of Colruyt Group‘s subsidiaries, Okay, is responsible for the assortment and preparing the orders. Quick and easy...
Read more
Producer prices for soybeans and rapeseed exceeded last year
In Hungary, according to AKI PÁIR data, edible wheat was traded at an average producer price of HUF 72.9 thousand per ton without VAT and transport costs in the third...
Read more
In May, the economic index of the GKI barely changed
According to a survey conducted by GKI Gazdaságkutató – with the support of the EU – in May, the prospects of the business sector and the population did not change...
Read more
Self-checkouts also need a better strategy to succeed
Grocery Dive’s report on self-service checkouts and Mordor Intelligence’s forecast suggest that the self-service checkout market can grow by an average of 10.2% per year between 2024 and 2028. This...
Read more
Significant Hungarian involvement in international advertising self-regulation
New presidency at the head of the European Association of Self-Regulatory Organizations (EASA). Orla Twomey, head of the Irish advertising self-regulatory organization (ASAI), has been elected as a new president....
Read more
MATE’s big milk overview – Let’s get to know our most popular milks more closely
Would you have thought that among the many domesticated animals, milk-producing animals were the first? Did you know that in the early 1900s, goat’s milk was used as a medicinal...
Read more
The secret of the success of the SPAR family is the cooperation of the generations
SPAR Hungary provides a living for almost 14,000 employees, making it one of the largest employers in the country. In the development and successful operation of the company, young and...
Read more
Auchan Hungary is the official cooperation partner of the Hungarian national football team
“Play only from the heart. Buy only on OKAuchan.” Auchan and MLSZ entered into a partnership with the slogan, within the framework of which the retail chain is officially a...
Read more
The first Primark store in Hungary opens with a penny sale
Primark, the popular fashion retailer, is set to open its first store in Hungary at Arena Mall on Tuesday at 10 AM, anticipated to attract a large crowd. The store’s...
Read more
