News and articles
Chamber of Commerce’s little smart guy helps producers involved in farm transfers
The National Chamber of Agriculture has prepared a guide for its membership on farm transfer. The detailed flowchart and information sheet present the most important steps and deadlines for farm...
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Change of leadership at the top of the Foxpost parcel delivery service
Following the sale of the Foxpost parcel delivery service last year, the company’s two founders, CEO Ádám Bengyel and Commercial Director Péter Lányfalvi, are leaving; Zoltán Radeczy, acting CEO of...
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Auchan contributed more than 1 billion forints to the well-being of domestic communities
Auchan Hungary provided various types of support to various groups of Hungarian society in 2024, totaling 1 billion 10 million forints. The majority of this came from donations of salvaged...
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Growth continues, MediaMarkt has found its way to the hearts of customers
MediaMarkt’s parent company, Ceconomy, saw significant growth in both turnover and profit in the first quarter of the 2024/25 financial year, despite the difficult economic situation, the group said in...
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Starbucks: expansion in the Middle East and China, layoffs in America
Starbucks has announced ambitious plans for the coming years: it will open an average of 100 new stores a year in the Middle East and plans a major expansion in...
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Coffee Bar Bazaar with a record number of exhibitors
A record number of exhibitors are coming to the 15th KávéBár Bázár, which, in addition to tastings, will offer workshops, coffee championships and prize games on Saturday and Sunday in...
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The Czech Republic exported a record amount of beer last year
Czech breweries exported a record 6.13 million hectoliters of beer last year, the Czech Statistical Office announced in Prague on Friday. The largest volumes of Czech beer were consumed in...
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The Hungarian Competition Authority (GVH) fined the food ordering portal Foodora more than 35 million forints for deceiving consumers
Foodora deceived consumers, so the Hungarian Competition Authority (GVH) imposed a fine of more than 35 million forints on the operator of the food ordering portal – the authority announced...
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foodora: Condoms are being ordered as early as 7am on Valentine’s Day
Florists are busy, but many people also order chocolate and alcohol to their homes on February 14, according to foodora data. Most flowers are placed in virtual baskets in Budapest,...
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The growth of Hungarian e-commerce is now driven by imports
In 2024, the entire Hungarian e-commerce market, based on PwC’s measurements between Q1-Q3 and preliminary data for Q4, could reach a turnover of 1920 billion forints with a 15% increase...
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More than 2,400 samples competed at the 15th Quintessence Pálinka and Distillate Competition
A record number of more than 2,400 samples competed at the 15th anniversary Quintessence Pálinka and Distillate Competition in Debrecen, the organizers told MTI on Sunday. A total of 2,402...
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The government considers logistics to be a key sector of the Hungarian economy
Logistics is a key sector of the Hungarian economy, and the government has supported and continues to support numerous investments in the sector, Minister of Foreign Affairs and Trade Péter...
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Husqvarna and Liverpool’s unique global partnership opens new paths
Husqvarna is proud to be a partner of Liverpool Football Club, one of the world’s most iconic football clubs. As part of a multi-year global agreement, Husqvarna will become the...
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Prague is also struggling in the trap of mass tourism
Prague’s world-famous attractions attract millions of tourists every year, but mass tourism is causing increasingly serious problems in the Czech capital. The Charles Bridge is flooded with visitors, and locals...
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Siófok was the most popular domestic, rural destination last year
Siófok has once again become the country’s most popular rural destination in domestic tourism based on the total number of guest nights last year, the city said in a statement....
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Inflation in Romania slowed to 4.95 percent in January
The annual inflation rate in Romania fell to 4.95 percent in January, the National Institute of Statistics (INS) announced on Friday. In December, the consumer price index was 5.14 percent...
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BSE Legek: Equilor wins the “Investment Service Provider of the Year” award again
Equilor Befektetési Zrt was awarded the “Investment Service Provider of the Year” award by the Budapest Stock Exchange’s professional jury at the BÉT Legek 2024 awards ceremony. The recognition was...
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Hungarians have a hard time filtering out fake news, especially for young people
Fake news poses a threat to more than half of young people – this is revealed by the answers to the first Big Student Awareness Net Test. The national educational...
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More guest nights, but fewer spa guests, were registered in Zalakaros last year
Compared to the previous year, the number of guest nights in Zalakaros increased by almost 7 percent last year, but 4 percent fewer guests visited the Zalakaros Spa – the...
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Raisio to divest plant protein business to Valio in €7M deal amid market shift
Finnish food company Raisio is selling its plant protein business and fava bean brands Härkis and Beanit to Valio for €7 million (US$7.28 million). The sale agreement also includes fixed...
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Wine promotion support helps domestic producers access the market
A program to promote Hungarian wines domestically and abroad will soon be launched, and for the first phase, those affected can exceptionally submit their support applications between February 15 and...
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Spain’s DIA Slashes Prices Of Hundreds Of Products By 40%
Spanish supermarket chain DIA has slashed the prices of more than 200 products by up to 40% and boosted promotional spending by 17% to €175 million in 2025. This increased...
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NKFH: Auchan recalled tenderloin steak contaminated with salmonella
The Auchan supermarket chain has initiated a recall of salmonella-infected beef tenderloin, the best before date of the recalled product is November 19, 2025, the National Trade and Consumer Protection...
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Goodwill Pharma Plc. has significantly expanded its production and warehouse capacity
Goodwill Pharma Plc. has expanded its warehouse capacity, built a research, development and innovation laboratory, a new central office, and a pharmaceutical manufacturing plant in Szeged. The investment, worth almost...
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Never before have so many young people tested their financial knowledge
A new record has been set in the K&H Watch Out, Ready, Money! financial education competition series for students: a total of 3,438 teams registered this year, which is 10...
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Trade marketing is essential
If it’s Valentine’s Day, it’s “I love the trade marketing conference” for 22 years now. At its all-day online event, the Trade Marketing Club invited interested parties to an inspirational...
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KSH: industrial production decreased by 5.3 percent in December 2024
The volume of industrial production in December 2024 was 5.3 percent lower than a year earlier, or 6.4 percent lower than a year earlier, adjusted for working days, the Central...
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Price caps are back on the agenda: What could this mean for customers and stores?
The announcement by the Minister of National Economy, Márton Nagy, on Monday caused a serious resonance in both public life and the commercial sector. The possible reintroduction of price caps...
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There is trouble around the house of Mere
The Russian retail watchdog, Roskomnadzor, conducted a comprehensive inspection of Svetofor stores in January. Serious hygiene problems were found in one Moscow store: cockroaches, flies, food moths, garbage and expired...
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Changing shopping habits: tricks, trends and disappearing specialty stores
The retail market is undergoing a continuous transformation. Shopping habits are changing, while stores are trying to attract consumers with various strategies. Today’s market is characterized by stores that offer...
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