News and articles
GeePower Manufacturing Kft. now produces most of its formerly subcontracted products in its own factory
“The value of domestic household chemical brands lies in that they are well-known and popular. Our mission is to further strengthen the brand loyalty of customers, so we continuously improve...
Read more
These will be the biggest hits in tourism in the summer of 2024
Despite the unstable economic situation and fluctuating exchange rates, the tourism sector will continue to flourish in 2024. According to the Mastercard Economics Institute’s latest “Travel Trends 2024” report, a...
Read more
Another travel agency went bankrupt
FTI travel group, Europe’s third largest tour operator, has filed for insolvency, which is having a serious impact on the group’s wider operations. The bankruptcy affects FTI Touristik GmbH and...
Read more
Kerry Group opens new digital innovation hub
Kerry Group has unveiled a new digital innovation hub, which will enable the company to do global research, offer insights into consumer taste preferences, and acquire clinical trial data. Forming...
Read more
IKEA opened a mobile pick-up point in Vác
In the spirit of affordability and accessibility, IKEA is constantly improving its services. In order to serve the convenience of customers, as well as to make their favorite IKEA products...
Read more
It turned out what is most stressful for manual workers
In the lives of Hungarian physical workers, satisfaction and fear are present at the same time – states the representative research prepared at the request of Pannon-Work Zrt. The survey...
Read more
Pig and chicken dominated the market
According to the latest report of the Institute of Agricultural Economics, in the first quarter of 2024, significant changes took place in Hungary’s livestock and meat processing sector. Based on...
Read more
We are going on holiday for a total of HUF 327,000 this year
Middle-aged Hungarians spend roughly ten percent more on vacation this year than in 2023. Compared to the low point in 2021, this year travelers are already paying 80 percent more,...
Read more
Great new S&R’s Garage taste combo
Seth & Riley’s Garage has a new flavour, Melon & Lime Madness. It is as sweet as you need it to be, as alcoholic as you like it to be,...
Read more
CBA is working for the success of its partners
In 2023 CBA continued its efforts to provide its franchise partners, who operate CBA and Príma stores, with as many tools as possible to be successful. This article is available...
Read more
A key issue is the farmer’s variety choice in field crop production
In the last hundred years, Hungarian breed breeding has been one of the most important professional pillars of domestic agriculture. During the challenging period, the issue of varieties, the presence...
Read more
Dr Oetker coy over plan to sell soy chunks brand in Romania
The frozen pizza maker wants to sell its soy pieces brand Inedit to a subsidiary of Austrian investment holding group Raiffeisen. German frozen pizza and baking goods manufacturer Dr Oetker...
Read more
Lidl Unveils ‘Italy’s Greenest Supermarket’
Lidl Italia has opened what it describes as Italy’s most eco-friendly supermarket outlet. The new supermarket in Villafranca di Verona, which replaces the existing Lidl store at the same location,...
Read more
New agricultural investment decisions worth HUF 10.8 billion were made
In the past few days, the Ministry of Agriculture made support decisions worth 10.84 billion forints in relation to 171 more requests in connection with the calls announced within the...
Read more
Significant ecommerce growth in Turkey
Online spending in Turkey more than doubled last year, the Ministry of Commerce reports. Significant growth is expected again this year. This is largely the result of inflation, but there...
Read more
The irrigation plant of Talentis Agro Zrt., built with 1.7 billion forints, was handed over
The government will give farmers all the help they need to adapt to the challenges of climate change and to increase the cultivation of crops with greater added value –...
Read more
Mere is really here: this is what you can know about the store opening
The Russian discount store chain, Mere, is preparing to open its first stores in Hungary, challenging existing market leaders like Lidl and Aldi. Mere’s plans involve initially setting up 15...
Read more
The poultry sector had a difficult year
2023 was a challenging year for Hungary’s poultry industry, as reported by Agrárszektor. Despite a significant reduction in energy and feed costs, the sector faced substantial losses due to avian...
Read more
BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 51.8. Compared with the previous May values, this year’s value is lower than the long-term average for this month...
Read more
An efficient and competitive dairy industry is needed
The time has come to develop the domestic dairy industry, we need investments that improve efficiency and increase the competitiveness of the sector’s players. The goal is to regain the...
Read more
This is what Hungarians order online when the weather is good
According to the latest data, the weather has a significant impact on shopping habits in Hungary and neighboring countries. Based on data from Árukereső.hu, with the approach of warm weather,...
Read more
A severe decline in the business performance of large DIY stores in 2023
In 2023, major hardware store chains in Hungary faced significant financial challenges, marked by substantial declines in profits and revenue across the industry. Obi reported the least severe decline, with...
Read more
Challenges in the Hungarian Wine Industry: An In-Depth Analysis of the 2023 Fiscal Year
The Hungarian wine industry, facing years of declining sales, increased administrative burdens, and rising costs, has been unable to implement price increases effectively. As of the May 31 deadline for...
Read more
Dreamy – sonorous headline, or does it really exist?
In a dream workplace, we feel good most of the time, we are valued financially and professionally, we are entrusted with tasks that match our abilities, and our personal life...
Read more
Salt Budapest won the Restaurant of the Year award
Salt Budapest won the Audi – Dining Guide Restaurant of the Year award, considered one of the most prestigious accolades of Hungarian gastronomy, at the award ceremony held in Budapest...
Read more
Shein is preparing for the London Stock Exchange, America would ban them
Chinese online fashion retailer Shein plans to list on the London Stock Exchange (LSE) after the US political environment would be hostile to the company’s New York IPO. Shein, which...
Read more
A new manager was appointed to head the Continental factory in Makó
From June 1, 2024, József Hrubi will perform the management duties of the Makó factory unit of ContiTech Fluid Automotive Hungária Kft., a member of the Continental company group. The...
Read more
In the first quarter, the number of pigs slaughtered in slaughterhouses increased
1,160,000 pigs were slaughtered at Hungarian slaughterhouses in the first quarter of 2024, 6.2 percent more (+67,000 pigs) than in January-March 2023. The total live weight of slaughtered animals was...
Read more
Information about changes in direct area-based subsidies during the year
The Ministry of Agriculture informs agricultural producers and the relevant contributors that several regulations affecting the direct support entitlements of the Common Agricultural Policy are already changing favorably for producers...
Read more
Another travel agency pulled down the shutter
Beontrips Kft., a well-known travel organization and intermediary company, announced that it went bankrupt and at the same time suspended its activities. The Budapest Capital Government Office has already removed...
Read more