News and articles
GKI analysis: Growing budget
When submitting next year’s budget, it is worth reviewing how much the Government has spent from taxpayers’ and creditors’ money over the past 14 years and on what. In agreement...
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Müller opens its flagship store in Budapest Prestige
After three years of construction, the Müller retail company is officially opening its new flagship store in the Budapest Prestige building. The impressive building is located in the heart of...
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Christmas Baking Will Be More Expensive This Year: How to Save on Ingredients
Christmas baking in 2024 is expected to be significantly more expensive, as the prices of essential ingredients have continued to rise in recent months. Flour, sugar, butter, and eggs—the staples...
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GLS Hungary is also competing in the C2C market
GLS Hungary has introduced a new pricing structure on the ecomaag.hu platform as of November 20, 2024, under which it now offers a separate pricing structure for parcel shipments from...
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The 2024 “Szaloncukor of the Year” Awards: Innovation and Rising Challenges in the Confectionery Industry
Hungary’s quintessential Christmas treat, the szaloncukor, took center stage at the 2024 “Szaloncukor of the Year” awards. The winners – Stühmer, Gyulai Kézműves Cukrászda, and Sulyán Cukrászda – impressed with...
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Experts urge organic revolution in public catering
Everything is in place for valuable organic food produced domestically to be included in public catering instead of leaving the country, and all this would cost hardly more than it...
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Loyalty programs offer real discounts, CMA investigation finds
The UK’s Competition and Markets Authority (CMA) has found that loyalty programs at major supermarkets typically provide real savings, with 92% of discounted items genuinely cheaper than their usual prices....
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PwC Digital Finance Landscape: Digital payment solutions are shaping customer decisions
The rapid evolution of digital payment solutions is transforming how we manage our finances. Beyond traditional bank cards, mobile payments, instant transfers, and new-generation Buy Now, Pay Later (BNPL) options...
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YouGov, which acquires CPS GfK, redefines the future of market research
Ten months after YouGov, the market leader in consumer opinion, motivation, needs and media habits research, acquired CPS GfK, the recognised leader in consumer panel services and the leading provider...
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Focus on the promotion of Hungarian food exports in Slovenia
The capital of Slovenia, Ljubljana, is home to the latest business development station of the Hungarian Food Business Program, established by the Agricultural Marketing Center (AMC), which helps Hungarian food...
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Asda is preparing for a major revamp
Allan Leighton, the new chair of Asda, plans to turn the retailer around within three to five years. His priorities include restoring Asda’s identity, improving pricing and availability, and hiring...
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PepsiCo becomes sole owner of Sabra and Obela
PepsiCo announced it will acquire the remaining 50% stake in Sabra and Obela, becoming the sole owner of both companies. Sabra operates in the US and Canada, generating nearly $400...
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New surprises every day in the Rossmann Advent Calendar
From December 1 to 24, we can open a new window in the Advent calendar on the Rossmann mobile app every day. The drugstore is offering participants exciting discounts, coupons,...
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Are beauty products harmful to health? Experts warn of the dangers of Temu
The world of online shopping continues to conquer, and Temu, a popular Chinese marketplace, has become attractive to many with its incredibly cheap prices. However, in the latest episode of...
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MBH Bank: It is already clear how logistics performance can be doubled
Logistics is the lifeblood of the commodity economy, which, due to the logic of its operation, often provides a very accurate picture of the international position, role and economic integration...
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Forty thousand servings of care: food rescue in Hungary has reached a new level thanks to the collaboration between the Food Bank and a Budapest party service company
On November 20, 2024, the joint hot meal rescue program of the Hungarian Food Bank Association and one of the leading catering companies in our country reached its fortieth thousandth...
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Top level oral care
Oral care is no longer just a health issue, but also part of beauty care. A healthy oral cavity and sparkling teeth make a big contribution to the quality of...
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Market knowledge, networking and marketing
This article is available for reading in Trade magazin 2024/11 Márió Spáda, wine category specialist of METRO: “Looking at the main trends, the premium quality is booming, while sales of...
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We have already saved nearly half a billion during refueling
Based on data from more than 175,000 users, we have already saved nearly half a billion forints at ORLEN gas stations this year. The region’s largest oil company offers a...
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Preparing for the Christmas peak season: DPD developments and expansions
DPD has prepared for the festive peak with comprehensive developments this year to ensure fast and reliable delivery even during the busiest time of the year. Increasing capacity and modernized...
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Cybersecurity: careless domestic firms could be sanctioned
On 18 October the NIS2 – the revised EU cybersecurity directive – came into force, covering thousands of companies in Hungary. This article is available for reading in Trade magazin...
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Agrometeorology: soil sufficiently moistened almost nationwide
Last week’s heavy rainfall sufficiently moistened the upper layer of the soil almost nationwide, so that the crops sown in the fall are mostly in favorable conditions – HungaroMet Zrt....
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Soil preparation work is more favorable compared to last year
According to the operational reports for the date of November 12, the planned area of autumn crops this year is 1.5 million hectares, and soil preparation has been completed on...
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The importance of the beekeeping sector goes beyond itself
Honey can be imported, but pollination cannot – stated István Nagy, Minister of Agriculture, at a conference on the future of the European beekeeping sector, held in Brussels on Thursday...
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The economy is starting to grow, but may grow more slowly than expected next year
The Hungarian economy is expected to grow by 0.5 percent this year and 2 percent next year, according to Erste’s forecast. Inflation is not expected to slow down further in...
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A 1,500 billion forint market with new players: civilians in e-commerce
By downloading a simple and secure application, anyone can help achieve important social goals while shopping online. Hungary is the second country in Europe where NGOs can share in the...
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Temu and Shein’s aggressive marketing strategy is reshaping the Black Friday market
Temu and Shein’s online marketing campaigns are causing significant difficulties for competing retailers and brands, especially during the Black Friday period. The two fast-growing e-commerce platforms spend huge amounts of...
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Minimum wage increase will push the entire wage scale up in 2025
As the end of the year approaches, employees are also increasingly impatient to see if they can expect a pay rise next year. Pay planning processes are currently underway, and...
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Independence will make employees happy – here’s how we can make them that way
Our priorities are changing: according to MIT research, whether we stay at our jobs or quit is no longer primarily determined by professional and career considerations, i.e. it does not...
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Confusing food labels: warning from the European Court of Auditors
Food labels, logos and claims are supposed to inform consumers, but in practice they can often be confusing and even misleading, according to a new report by the European Court...
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