News and articles
Changes in simplified employment from February
From 1 February 2025, the rules for simplified employment will be amended, and with them the amount of the public charge to be paid by the employer and the calculation...
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Colruyt Group launches plant-based private label Boni Plan’t
Belgian Colruyt Group wants to make plant-based food more accessible, adding a range of around 100 plant-based products in recognisable packaging under a new private label sub-brand. In addition to Boni Eco...
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Cheap, but good? Many people make this mistake when buying a used car
Due to the continuous increase in new car prices, buying a brand new car is becoming increasingly difficult for many individuals, which is why the demand for used cars is...
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A Taste Of History: Remembering Francesco Rivella, The ‘Father Of Nutella’
Ferrero chemist Francesco Rivella, often referred to as the ‘father of Nutella’, passed away on 14 February 2025 at the age of 97, according to media reports. Rivella was a...
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Yettel introduces an additional month of paid leave
The telecommunications company and infrastructure provider CETIN is also introducing a unique program in Hungary for its colleagues. The employee benefit, available from 2025, provides an extra paid month of...
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Colgate-Palmolive enters fresh pet food with Prime100 acquisition
Colgate chairman, president and CEO Noel Wallace described Prime100 as “a high-growth, profitable, fresh dog-food asset”. Colgate-Palmolive has agreed to acquire Australia-based Care TopCo, which owns the Prime100 fresh pet-food...
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PwC: Hungarian CEOs are confident in the macroeconomic growth trajectory, but cautious about their own company’s prospects
According to 70 percent of Hungarian CEOs, the global economy will grow faster in the next 12 months, and 60 percent are confident in the growth of Hungarian GDP, while...
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MBH Bank Macroeconomic Outlook: Growth Prospects and Challenges in 2025
According to the latest quarterly macroeconomic forecast from MBH Bank’s Analysis Center, the Hungarian economy could be on a growth path in 2025, although challenges remain significant. The latest report...
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The European Commission has set out a roadmap to improve the competitiveness of agriculture and the food industry
The European Commission published a roadmap on Wednesday to improve the competitiveness and attractiveness of the agricultural and food sector by simplifying regulations, promoting innovative solutions and promoting digitalisation. According...
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The evolution of pasta: tradition and innovation
Pasta dishes are popular all over the world, primarily because of their ease of preparation and variety. However, in recent years, more and more alternatives have appeared in addition to...
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The future of lab-grown meat: sustainable alternative or market challenge?
Lab-grown meat is meat produced using cell culture technology, which is grown in bioreactors without the slaughter of live animals. Although it may have many advantages in terms of sustainability,...
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Rice price trends: why is it getting more expensive and how does it affect us?
Rice, as a staple food, has recently experienced significant price fluctuations, not only in Hungary but also worldwide. The Japanese government is trying to ease the price increase by releasing...
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HR Trends 2025: Hungarian labor market and HR outlook
The Randstad HR Trends 2025 survey provides a comprehensive picture of the Hungarian labor market and companies’ HR strategies. According to the results, Hungarian companies are more optimistic than last...
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Data and intuition: how can HR make good decisions in 2025?
The HR profession in Hungary is also increasingly relying on data, which can be useful for companies not only because they can provide a more accurate picture of the job...
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Water crisis in Hungary: drought is worsening, urgent steps are needed
In recent decades, Hungary’s water resources have been continuously decreasing, while increasingly extreme weather conditions are worsening the situation. According to the third National Watershed Management Plan (VGT 3), published...
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The domestic melon season starts in February at Tesco
Every year, Tesco prepares for the summer season with several thousand tons of Hungarian-grown watermelons, which, in addition to domestic supermarkets, also end up on the shelves of Tesco stores...
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Challenges and prospects of Hungarian walnut production
In recent years, Hungarian walnut production has faced numerous challenges, which have significantly affected the volume of the crop and its market position. The sector’s difficulties have been exacerbated by...
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Carnival donut craze: where and how much can we buy delicious donuts in the countryside?
The traditional delicacy of the carnival season is the doughnut, which is almost mandatory to eat at this time. Some bake it at home, while others visit special doughnut shops,...
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Chinese luxury market: is the industry at a turning point?
Luxury giants LVMH and Kering are seeing significant declines in Asia, especially in the Chinese market. The country’s economic slowdown and high prices for luxury goods are increasingly deterring buyers,...
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GVH measure: More than a hundred small producers and new jobs at SPAR
The Hungarian Competition Authority (GVH) has helped more than a hundred small-scale domestic producers to sell in SPAR Hungary stores, and has created many new jobs. Although the GVH has...
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Auchan innovates with a kilo-sized shopping cart – changing strategies based on sustainability and customer needs
Auchan took a new direction in its second-hand clothing concept in 2025: instead of individually wrapped and labeled pieces, it now operates as a classic thrift store in several of...
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Offerista is reborn as Shopfully
The merger of Shopfully and Offerista creates Europe’s leading Drive-to-Store player, expanding from a focus on the DACH region to a global presence. A new Shopfully logo and brand identity...
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The pharmaceutical industry has significant added value, but Europe could easily fall behind
Screening programs play a key role in the fight against cancer, and Hungary is lagging behind here too. Smoking, a sedentary lifestyle and alcohol consumption are also serious problems for...
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Hungary presents industrial and logistics real estate developments at the MIPIM exhibition in Cannes
Hungary will focus on showcasing industrial and logistics real estate developments that support strong foreign direct investment inflows at the world’s leading real estate development exhibition, MIPIM, in Cannes from...
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Wallis Group turns 35: BSE Legek awards recognize its capital market performance
The Wallis Group was recognized for its performance over the past 35 years with the BSE Special Award for Capital Market Development. The investment group, which owns and operates leading...
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Beer Association: beer consumption in Hungary increased again last year
After a 10 percent decrease in turnover in 2023, reminiscent of the Covid epidemic, the domestic turnover of the five largest Hungarian beer producers increased by 2.8 percent in 2024,...
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The best pálinkas are in Vas County
Over the weekend, it was not only in Debrecen that the best pálinka of the year was decided, but the pálinka winners were also announced in Győrvár in Vas County....
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Bank360: Hungarians’ wealth hits record high, they are taking more and more money abroad
The population saved 6,800 billion forints last year, the cash stock has grown to over 7,000 billion, a new high, and an increasing part of bank deposits is now abroad...
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Mondelēz CEO Says Kennedy Agenda Product Re-Formulations Will Mean Price Hikes
Mondelēz Dirk van de Put said the Oreo maker will face new cost pressures from the Make America Healthy Again movement spearheaded by US health secretary Robert F. Kennedy Jr...
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January’s dilemma: fewer companies, yet more entrepreneurial optimism?
Although the decline in the number of companies continued in January 2024, the first month of the year still held a surprise, with the highest number of company formations in...
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