News and articles

The economic sentiment index deteriorated in the EU and the euro area in August, but improved in Hungary

The economic sentiment index in the euro area and the European Union deteriorated in August compared to the previous month, while it improved in Hungary, according to a survey by...

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The GKI business climate index reached a four-month high in August

According to a survey conducted by GKI Economic Research Co. – with the support of the EU – in August both consumers and the business sector expressed more optimistic expectations...

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GVH: at least 70 out of every 100 forints spent goes to multinationals

Multinational retail chains dominate the Hungarian FMCG market with a gross turnover of 8,400 billion forints, and at least 70 out of every 100 forints spent is spent by multinationals,...

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Joint strength: Arnold Schwarzenegger and Ralf Moeller star together in the new PARKSIDE campaign

Hollywood meets DIY: in the new campaign of the PARKSIDE DIY brand, Arnold Schwarzenegger and Ralf Moeller appear together for the first time. Standing up for home DIY, with a...

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The government is committed to supporting domestic processing plants

New support decisions have been made in the food industry: 114 investments will receive almost 200 billion forints in funding through a tender aimed at the complex development of processing...

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KSH: the gross average salary was 704,400 forints in June, 9.7 percent higher than a year earlier

In June 2025, the average gross salary of full-time employees was 704,400 forints, and the average net salary was 484,200 forints. The average gross salary was 9.7 percent, the average...

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Back to school 2025: every second parent buys tech products, but many are powerless against online dangers

In the era of digital education, technological devices have become an essential part of school supplies. A fresh nationwide representative survey by MediaMarkt reveals that this year 52% of Hungarian...

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Generation Z is teaching their older colleagues how to use artificial intelligence

New global research from the International Workplace Group (IWG), the world’s leading workplace provider, shows that Gen Z workers are playing a key role in the adoption of AI in...

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Tibor Kapu returned home – tasted Hungarian space chocolate in space

Tibor Kapu, a research astronaut of the HUNOR program, returned to Hungary last week. During his more than two-week stay in space, he also introduced the first Hungarian space chocolate,...

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The unemployment rate remained at 4.3% in July

In July, the number of employed persons among the working-age population aged 15–74 was 4,712,000, which is 32,500 higher than the June level, but 14,000 lower than the June level...

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Wendy’s may return to Hungary after 23 years

After a twenty-three-year absence, Wendy’s may reappear in Hungary: one of the world’s largest fast-food chains is looking for franchise partners in the country. The goal is to reach 2,000...

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Wizz Air CEO spoke about the changes

Israeli flights are now safe, and the 2025 summer season was a distinct success compared to last year’s chaos, said József Váradi, CEO of Wizz Air, in an exclusive interview...

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Autumn opening coupon at Rossmann – the season starts with an extra discount

Rossmann is kicking off autumn with a special surprise: between September 1 and 7, every customer can get a 10% discount on their total purchase with the Autumn Opening coupon....

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Change is needed in Hungarian agriculture

Change is needed in Hungarian agriculture, the challenges can only be met if we find the change within ourselves – said István Nagy, Minister of Agriculture, on Thursday at the...

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Peach yield average dropped by more than 70 percent this year

The harvest of cereal crops was almost complete by August 13, 2025, with 1 million 477 thousand hectares of the planned 1 million 478 thousand hectares harvested. Producers harvested a...

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Italian tourism workers have different assessments of the results of the summer season

Italy’s tourism sector performed well, according to the Minister responsible for tourism, Daniela Santanche, while beach operators reported a 10 percent drop in the last days of the summer season...

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Junior Prima Award Hungarian Awareness and Media Category 2025

This year’s award ceremony for the Hungarian dissemination and media category of the Junior Prima Award was held at the Crowne Plaza Hotel, where six outstanding young professionals received their...

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Salt war in Ukraine: three years after the loss of Soledar, the country remains dependent on imports

Before the war, Ukraine was one of the largest salt producers in Europe, but the shutdown of the Artemszil plant in Solidarny fundamentally changed the market. Three years later, the...

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New Level Empire and Fish! will also perform at this weekend’s Balatonfüred Wine Weeks

New Level Empire and Fish! will perform, among others, at the Balatonfüred Wine Weeks event series on the last weekend of summer. Between August 29 and 31, the wine days...

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Fertilizer sales revenue increased despite lower turnover

Fertilizer distributors sold 783 thousand tons of fertilizer directly to farmers in the first half of 2025. Although the volume sold was 1.4 percent lower than a year earlier, due...

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Pernod Ricard partners with Dole in RTD tie-up

The Malibu & Dole Ready-to-Drink Cocktails range is being produced, marketed and distributed by Pernod’s US arm. Pernod Ricard has partnered with fresh produce and juices group Dole to launch...

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The number of cattle and pig slaughters increased in the first half of 2025

Domestic slaughterhouses produced 234.2 thousand tons of pork and 262.3 thousand tons of poultry meat in the first half of 2025 (carcass weight, cut in poultry, cleaned weight). 50.3 thousand...

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Food allergy labels should be expanded, study suggests

Of the 2,999 cases analysed, 413 cases were linked to eight emerging allergens not currently subject to mandatory labelling. A new study has recommended that allergen warning labels in the...

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EDEKA Paschmann First German Retailer to Use Diebold Nixdorf’s AI-Powered Solution to Combat Shrink at Self-Checkout

EDEKA Paschmann in Düsseldorf is the first supermarket in Germany to use Diebold Nixdorf’s (NYSE: DBD) Vynamic® Smart Vision I Shrink Reduction solution at its self-service checkouts. The AI-enabled technology...

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Colonnade Insurance has extended the deadline for Unitravel customers to make up for the deficiencies.

Colonnade Insurance has extended the deadline for Unitravel customers to fill in the gaps until September 14, the company announced. The remaining data and documents can be submitted until this...

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Agrometeorology: Precipitation is coming, but the amount is not as needed

Rain is greatly needed across the country, and precipitation is coming in the coming days, but the amount is expected to be well below what is needed – HungaroMet Zrt....

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KSH: the rate of wage increases exceeds inflation, the countryside is catching up

According to the latest data from the Hungarian Central Statistical Office (HCSO), in June the average gross monthly earnings of full-time employees amounted to HUF 704,400, while net earnings reached...

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Food industry investment boom possible: nearly 200 billion forints in support decided

The first decisions have been made on supporting larger-scale developments of food processors, announced István Nagy, Minister of Agriculture. Through the tender aimed at the complex development of processing plants,...

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Eight out of ten parents would like to buy everything in one place for the start of school – Pepco offers a solution for this

As the school year approaches, parents are once again faced with the familiar challenge of buying all their school supplies. According to a recent survey, nearly eight out of ten...

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K&H Analyst Commentary: Households will receive support

In June, the gross average wage increased by 9.7 percent year-on-year, while the net average salary increased by 9.6 percent. Thus, the former exceeded 704 thousand forints, and the latter...

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