News and articles
FIABCI World Prix d’Excellence 2024: Hungarian real estate developments among the best in the world
With three gold and one silver medal, Hungarian real estate developments were once again among the best in the world at this year’s FIABCI World Prix d’Excellence International Real Estate...
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Alcampo, Eroski And Consum Ramp Up Store Openings in Spain
Several supermarket groups are ramping up store openings in Spain, despite a slowdown in the overall market. Retailers including Alcampo, Eroski and Consum aim to expand their reach and grab...
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Amazon AI initiative tackles defective products
Amazon is using artificial intelligence to scan items for defects before they are shipped. An Amazon AI model named “Project P.I.” (the P.I. stands for “private investigator”) uses a combination...
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The export of live pigs increased by 58 percent
According to KSH data, Hungary’s live pig exports increased by 58 percent (8.7 thousand tons) in January-March 2024 compared to the amount in January-March 2023. The main partners were Romania,...
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Hungary has been in the EU for 20 years: how has GDP per capita changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Innovations – more nuanced ways and preferences
With a record annual inflation rate of 17.6% measured by the Central Statistical Office (KSH), it is understandable that the appeal of private label (PL) products has continued to grow....
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Consumption increased by 3.4%
KSH confirmed that in the first quarter of this year, the performance of the economy increased by 0.8% compared to the previous quarter, according to adjusted data.Compared to the same...
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KSH: the food industry slowed down the industry’s decline the most
The volume of Hungary’s gross domestic product in the first quarter of 2024 exceeded the same period of the previous year by 1.1 percent according to raw data, and by...
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Zsuzsanna Szak is the new president of KOZMOS
Based on the decision of the 2024 KOZMOS General Assembly, Zsuzsanna Szak will assume the position of president of the Hungarian Cosmetic and Household Chemicals Association (KOZMOS) from May 7....
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An opportunity out of compulsion: Hungarian e-retailers can win by crossing the border
The appearance of Temu caused a bigger market shock in domestic e-commerce than the coronavirus epidemic and the war in Ukraine. A thoughtful use of AI can stand out from...
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Countdown before the mandatory redemption system is fully activated
Manufacturers have less than a month, until June 30, 2024, to ignore the rules for products with a mandatory redemption fee and to market products that are otherwise subject to...
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Hot summer day in Rossmann
Last year, Rossmann Hungary introduced the “No tragedy, we’ll solve it!” platform, the creatives born since then are all organized under the new umbrella. In their new summer campaign, you...
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You can already experience the unique taste of Fresh Corner hot dogs at home
In the framework of a special party, the sausages of the country’s most popular hot dog were presented in the MOL Campus, which until now could only be bought at...
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Törley ICE PiNK!: this year, this year, the champagne on ice is also magical in pink
Just like Törley ICE last year, this year Törley ICE PiNK! blasts into the summer party season. This time, the great novelty of the Törley Champagne Winery paints the world...
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The Evolving Landscape of Beverage Trends in 2024
As the beverage industry enters 2024, several emerging trends are shaping the future of how we drink. From culinary-inspired cocktails to the rise of low-alcohol options, the alcohol industry is...
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Traders are worried about the rising cost of container freight
The shutdown of the Red Sea shipping route has caused a dramatic increase in maritime transport rates due to conflicts involving Israel, Hamas, and Yemeni Houthi rebels. This disruption has...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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,...
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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...
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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...
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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...
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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,...
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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...
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