News and articles
With the company’s new system, augmented and mixed reality, a smart TV platform, artificial intelligence and 5G telematics can also be added to cars
LG Electronics (LG), a leading technology player in the mobility market, has released a new software package that will pioneer the transition to Software Defined Vehicles (SDV). The advanced user-centric...
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Not everyone can afford to travel this summer
The picture is very mixed when it comes to travel plans. Overall, the travel situation of middle-aged people has improved, and those planning a vacation spend more on it, according...
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A whirlwind of new connections and innovations: this year’s Startup Safari Budapest ended successfully
The 2024 Startup Safari Budapest, which began on June 10, concluded on June 11 after a day and a half of intriguing events. This year, like every other, the goal...
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Breaking waves
Gin has been a steadily growing category for years, fuelled by consumer trends and the introduction of different flavoured variants. This article is available for reading in Trade magazin 2024/6-7...
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Growth in retail sales has stalled
In April, the momentum of the recovery of retail trade stalled, the decrease was 0.9% on a monthly basis. The upward trend in consumer confidence has flattened recently, while fears...
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Is the time of celebrities over? This is how customer behavior will change in 2024
Consumers are becoming more and more aware, and they are less affected by traditional purchase promotion advertisements. Celebrities are also starting to lose their ability to influence, even opinion leaders...
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The GVH imposed a fine of more than HUF 2 billion in 2023
As every year, the Economic Competition Authority published its report on the previous year’s activities. In the report prepared for the Parliament, the GVH provides a detailed account of the...
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K&H: the digital transition of companies is slowing down
The not-so-rosy economic prospects and the lack of funding and tenders restrain companies’ desire to innovate.Thus, they focus primarily on improving their internal efficiency and better serving their customers. For...
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Anuga FoodTec 2024: a compass for the food industry
This year’s Anuga FoodTec trade fair attracted 1,307 companies from 133 countries and nearly 40,000 trade visitors, reaffirming the event’s leading position as a showcase for future-oriented solutions in food...
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SPAR became the Fresh Meat Retailer of the Year
Two of SPAR Hungary’s stores also received prestigious recognition in the Store of the Year 2024 professional competition, and the store chain also won the title of “Fresh Grocers of...
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The 42nd Lidl Balaton swim will start soon
In 40 days, on July 20, the country’s most popular open water leisure sports event, the 42nd Lidl Balaton swim, will start from Révfülöp and finish at Balatonboglár. The organizers...
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Favorite classics and sous vide specialties are also grilled on Tesco’s grill
Tesco officially launched the barbecue season, and presented its latest summer selection at a light BBQ event, served by notafunnychef Barnabás Tóth. The selection of 97 different grilled products also...
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DS Smith has replaced 1 billion pieces of plastic packaging since 2020
DS Smith has replaced more than 1 billion pieces of plastic packaging – 16 months ahead of the 2025 target date – in collaboration with the world’s most iconic FMCG...
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Foxpost, the successful Hungarian startup, may acquire an international owner
With an international owner, Foxpost can continue its dynamic growth after the parcel machine company was sold by the Wallis Group and Trueway. The buyer is the investor consortium that...
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Szallas Group bought a Romanian accommodation agency
The Szallas Group, the owner of the Szallas.hu platform, has acquired eighty percent of the ownership of the company that operates the Litoralulromanesc.ro accommodation brokerage site, thus bringing most of...
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The travel magazine awards for the best tourism service providers were presented
The awards for the best tourism service providers in Hungary and beyond the border were presented on Wednesday in Budapest, evaluating their performance in 2023 based on the vote of...
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Report on the FIVOSZ HR conference
Only personalized and experience-based workplaces are able to retain the valuable workforce in the long term – it was said at the Fivosz HR conference, where the answer to what...
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Kalumba Maracuja Gin
Passion fruit is a hidden treasure of the tropics and its exotic flavours are complemented by wild Madagascan spices and lemongrass. The result is a gin waiting to be discovered!...
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In Hungary, the redemption fee for beverage packaging can even be transferred directly to the bank account
he REpoint system introduced by MOHU Mol Hulladékzágászólji Zrt. ensures nationally that the redemption fee for beverage packaging can also be transferred directly to the bank account – MOHU told...
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Everyone should have their own Tesco!
In spite of the record inflation and growing burdens, Tesco has achieved great results in many areas in 2023, said Zsolt Pálinkás, CEO of Tesco Magyarország. “Our biggest success story...
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Digital strategist: the data-based economic model can bring Hungary a real breakthrough
We have been talking about the term “paperless” office for almost 5 decades, and especially since the pandemic, companies have been digitizing at a crazy pace so that they can...
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A cheap German store chain has opened another Hungarian store
A Travel Free Shop has recently opened at the Horgos road crossing, which does not offer tax- and duty-free products, but nevertheless offers quality products at competitive prices. According to...
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One of Henkel’s factories in Hungary is closing
The Henkel company has announced that it is carrying out major transformations in its Hungarian production activities. According to the company, changes in consumer demands made it necessary to rethink...
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This is the professional organization with the strongest brand in Hungary: it has won only one Business Superbrands award
In more than 90 countries around the world, Superbrands awards the best consumer brands, and Business Superbrands awards the most successful business brands. There is only one professional organization among...
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Waitrose switches to green farming practices to support British farmers
Waitrose is supporting more than 2,000 UK farmers to switch to green farming practices, to enable them to increase the long-term financial resilience of their farms and tackle the impacts...
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58 million in support for vocational training centers
Helping others has always been important to Daniella Villamosság, a market leader with more than 30 years of professional experience and annual net sales exceeding HUF 40 billion, based in...
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Multibillion-dollar factory improvements at Magyar Suzuki
In 2023, Magyar Suzuki Corporation sold more than 161 thousand cars, of which more than 156 thousand rolled off the production line in Esztergom. They exported 92.9 percent of the...
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They are looking for successful entrepreneurs and female business leaders of 2023
People love stories. They like to learn, be inspired, and draw strength from other people’s stories. That is why, as they have done since 2018, the SEED Small Business Development...
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Chamber of Agriculture: they are looking for innovative solutions to the challenges of agriculture
Young developers, startups and researchers are looking for solutions to the challenges of agriculture and the food industry within the framework of the TechLab agricultural startup program of the National...
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Ice tea all stars
This article is available for reading in Trade magazin 2024/6-7 According to Márton Vecsei, head of soft drinks brands at HELL ENERGY Magyarország the ice tea market experienced a negative...
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