News and articles
A surprise in the ranking of international hotel chains: the big names underperformed
A survey of international hotel chains produced surprising results, showing that lesser-known Spanish brands performed exceptionally well, while globally known chains such as Hilton, Wyndham or Holiday Inn were unable...
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The St. Martin’s Day weekend at Lake Balaton was a great success
Great interest surrounded the St. Martin’s Day programs on the shores of Lake Balaton, where thousands of visitors enjoyed culinary experiences this weekend. The Tihany Gardalia Days, also known as...
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The decision has been made: the Agricultural Machinery Show exhibition in January will be cancelled
Due to the development of domestic market processes and international trends, based on the announcement of the National Association of Agricultural Equipment and Machinery Distributors, the Agricultural Machinery Show held...
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A shortage may develop on the cabbage market, and the price of the vegetable may continue to rise
According to FruitVeb’s analysis, the cabbage market is threatened by a shortage, and even the expected imports will not significantly reduce the current record prices, as there is an extremely...
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This is how Hungarians paint their homes with their own hands, every five years, white
PPG Trilak mapped the painting habits of Hungarians, Czechs and Slovaks. White was unanimously the most popular color, and two-thirds of Hungarians pick up a paint roller at least every...
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The little ones eat too much sugar
With the holiday season approaching, many children’s consumption of sweets increases significantly, but a recent study warns that it is worthwhile to moderate the consumption of sugar. According to research...
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Richárd Szabados: the government’s priority goal is to support businesses that form the backbone of the economy
The government’s primary goal is to support domestic businesses that form the backbone of the economy, since the unprecedented development experienced in the past decade would not have been possible...
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A Shein product caused severe burns to a British teenager
A 13-year-old teenage girl in Hampshire, England, suffered severe burns from nail glue bought from an online store Shein. The case has refocused attention on the quality and safety of...
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Farmers are not obstacles, but partners in the green transition
European farmers should not be seen as an obstacle, but as an indispensable partner in the process of the green transition, said Oszkár Ökrös, the Deputy Secretary of State for...
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Two Christmas markets will open in Budapest on November 15
In Budapest, two popular Christmas markets will open their doors on Friday, November 15: the Advent Basilica on Szent István tér, and the Vörösmarty Classic Xmas on Vörösmarty tér. At...
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NAK president: the strategic dialogue initiated by the European Commission does not serve the economic community
According to the president of the National Chamber of Agricultural Economy (NAK), the content of the strategic dialogue on the common agricultural policy of the coming period initiated by the...
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Baby boomers drive growth in healthy ageing skincare market
Interest is also growing in products that support both skin and mental health. As Baby Boomers retire, their focus on health and longevity is reshaping the skincare industry, according to...
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MBH: despite the drought, the prospects of the Hungarian food industry have improved
Despite the dry summer, the prospects of the Hungarian food industry have improved, a significant increase in prices is not expected this year, producers can end the year more successfully...
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Dunnhumby and Placer.ai use new AI-based tool to analyse competitive threat
Dunnhumby and Placer.ai have developed a new AI tool for assessing the competitive threat retailers represent, and providing information on what features are attractive to shoppers at geographic, chain and store...
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Molson Coors takes majority stake in ZOA energy drink
Molson Coors Beverage Co. is taking a majority ownership stake in ZOA, the energy drink brand co-founded by Dwayne “The Rock” Johnson, Dany Garcia, Dave Rienzi and John Shulman. Taking a majority...
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ProVeg: Lidl in Germany offers the best value vegan basket
Following the introduction of price parity a year ago, Lidl is now the first German grocer to offer a vegan basket at no extra charge compared to the animal basket,...
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AM: small farms are the winners of this year’s agricultural subsidies advance payment period
The advance payment period for agricultural subsidies is going well, the Hungarian Treasury (MÁK) has paid a total of HUF 119.3 billion in advance payments to those concerned by the...
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KSH: in September, retail sales increased by 1.7 percent compared to the same period of the previous year, and decreased by 1.4 percent compared to the previous month
In September, the volume of retail trade increased by 1.7 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data, the Central Statistical...
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The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August, showing a 1.4% decline month-over-month after seasonal adjustments, partially attributed to disruptions from flooding. This drop interrupted the upward trend...
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Around this time, we eat the annual amount of duck and goose
In our country, the consumption of duck and goose meat mainly falls on the festive period. The Hungarian population consumes approximately 3 kilograms of duck meat and between 70 dkg...
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Together with customers, Lidl helps
Lidl Hungary has joined the Christmas fundraising campaign of the Baptist Charity Service, in the framework of which, together with customers, they help make Christmas more beautiful for needy families....
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Amazon uses AI to scan products for defects before delivery
Amazon uses AI to detect faulty products before they are delivered. Amazon’s “Project P.I” model (P.I. stands for private investigator) combines generative AI with computer vision to help find defects...
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It can already be seen from the NTAK: the number of travelers increased by 16% during the autumn break
The period between October 26 and November 3 brought an outstanding desire to travel in our country. The number of guests exceeded half a million, surpassing by 16% the value...
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Consumers are skeptical about the sustainability of companies
Since 2022, the maturity of companies in the field of sustainability has been continuously increasing. Despite geopolitical challenges, organizations continue to implement their sustainability initiatives, but consumers want transparency, according...
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Internal trade slowed down massively
This morning, the Central Statistical Office published retail sales data for the month of September: sales decreased significantly on a monthly basis, by 1.4 percent. The indicator of the consumption...
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The taste of the Brazilian sun in every sip: OMV introduces a new Single Origin coffee
A new member has been added to the OMV coffee range: VIVA Single Origin Brazil is an exceptional coffee made from 100% Arabica, which is a Direct Trade product from...
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With an extended deadline, until November 15, you can apply for support for the future of local youth and communities in Tesco’s program
In view of the great interest, Tesco has extended the application deadline for its new tender program called “Start for the Future”. The deadline for submitting applications is November 15....
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A Little Help with Business Planning
The CEONET Club and the Egyensúly Institute are inviting business leaders to their upcoming event on November 12 at 4:00 p.m. This full-day forum aims to provide insights into security...
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More people work in Hungarian agriculture than at the time of the system change
More people work in Hungarian agriculture than at the time of the system change, the Minister of Agriculture announced on Thursday, in Zámoly, Fejér County, where Tamfarm Kft. was handed...
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Moore Hungary: There are almost two weeks left for the decision on the choice of group corporate taxation
Companies wishing to establish a group corporate tax entity for the 2025 tax year can submit an application to the National Tax and Customs Office by November 20. This form...
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