News and articles
Carrefour offloads another 39 French stores
Carrefour is offloading 39 French – often loss-making – hypermarkets and supermarkets to independent operators in a bid to cut operating costs. Unions protest to what they call is a restructuring...
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Eurobarometer: majority of farmers believe the level of EU financial support to help stabilise their income is adequate
A Eurobarometer survey commissioned by the European Commission and published on Thursday shows that a majority of Europeans support the EU’s Common Agricultural Policy (CAP) and more than half of...
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KSH: the volume of construction production in November decreased by 1.7 percent compared to a year earlier and by 2.0 percent compared to the previous month
In November 2024, the volume of construction production fell by 1.7 percent compared to a year earlier, according to raw data. Among the main construction groups, the production of buildings...
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Most online shoppers are fed up with unpredictable parcel delivery times
According to a recent Ipsos survey commissioned by DODO, it has already happened to every second customer that they weren’t at home when a parcel was delivered, and nearly two-thirds...
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Samsung to showcase refrigerators with AI Hybrid Cooling technology at CES 2025
Samsung will be showcasing its latest refrigerators featuring AI Hybrid Cooling technology at CES® 2025, with global availability expected soon[2]. The new refrigerators feature AI Hybrid Cooling technology, which combines...
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LG named to Dow Jones Sustainability World Index for 13th consecutive year
LG Electronics (LG) has been included in the Dow Jones Sustainability World Index (DJSI World) for the 13th consecutive year. DJSI World ranks the top 10 percent of the 2,500...
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Proposed new US dietary guidelines may prioritise plant proteins
The US Department of Health and Human Services (HHS) and Agriculture (USDA) are considering new dietary guidelines that would shift emphasis towards plant proteins for the first time. A preliminary...
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AutoWallis Group closed the year with stable growth despite a changing market environment
The AutoWallis Group sold 8 percent more vehicles in 2024, closing another strong year for the company listed in the Premium category of the Budapest Stock Exchange. The Retail Business...
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The Trade Union of Commercial Employees has received support to increase its membership
The Trade Union of Commercial Employees (KASZ) has won a non-refundable European grant of 139 million forints. The aim of the project is for the union to expand the circle...
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L’Oréal acquires Korean skincare brand Dr.G
The deal is expected to close in the next few months, pending regulatory approvals. L’Oréal Groupe has signed an agreement to acquire Gowoonsesang Cosmetics Co., Ltd, the parent company of...
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The Mátrix Non-Profit Foundation collected almost 50 thousand pieces of chocolate, toys and stationery
The Mátrix Public Benefit Foundation has collected almost 50,000 pieces of chocolate, toys and stationery in its program called Love Chocolates, the organization informed MTI on Tuesday. It was announced...
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Company trends 2024: 11 thousand fewer companies: the company trends of 2024 in numbers
The number of active partnerships decreased by 11 thousand by the end of 2024. More than 35 thousand companies ceased to exist last year, while the number of new company...
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Will our financial situation be better in 2025? Research has been conducted on what Hungarians think
The Hungarian population has mixed expectations about their financial situation this year. Nearly 40% expect to be in worse financial circumstances in 2025 compared to the previous year, while 20%...
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Coffee prices at an all-time high
In early December 2024, the price of coffee on the international market rose to a record high. Arabica coffee beans, which account for the largest share of world production, exceeded...
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Inflationary turn among Hungarians
The inflation situation has improved significantly among the population, including the middle-aged, according to the latest K&H Komiszti Futur survey. Among other things, 78 and 66 percent experienced a significant...
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Garfield returns to SPAR and INTERSPAR stores with a special sticker album
The most famous cat on Earth, Garfield, has returned to SPAR and INTERSPAR stores with a new sticker album featuring the world’s most unique animals, Animal Records 2. The entertaining,...
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Sustainability is more of a challenge than an opportunity for Hungarian companies
The latest data from the K&H Sustainability Index highlights that the majority of Hungarian companies are still lagging behind in their efforts to reduce carbon emissions. A significant number of...
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Csaba Kőrösi: the global economy is being redesigned along the sustainability goals
The implementation of the Sustainable Development Goals (SDGs) formulated in 2015 is not progressing very well, said Csaba Kőrösi, former President of the UN General Assembly, former President János Áder,...
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Péter Szijjártó: last year was the second most successful year in economic history in terms of investment promotion
Last year was the second most successful year in the history of the Hungarian economy in terms of investment promotion, with 4,000 billion forints of new investment coming to our...
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MBH quick analysis: Tourism could strengthen significantly this year
Tourism continued to strengthen in January–November 2024: the number of nights spent by domestic guests in tourist accommodations exceeded the level of the same period of the previous year by...
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BioTechUSA starts the year with the message “Franco is sporty. Be a Franco too!” and encourages lifestyle changes
As one of Europe’s largest manufacturers and distributors of dietary supplements and specialty foods, BioTechUSA, with its decades of experience, offers specific suggestions on how to start the new year...
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We are buying more and more refurbished mobile phones
Last October, Magyar Telekom launched its joint service with Recommerce Group, in which refurbished devices are sold, thus supporting the circular economy and offering a choice to its environmentally conscious...
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Hungarian President of the CEO Council of the world’s largest business networking organization
BNI members worldwide help each other generate 14% of the annual HUNGARY GDP, or 10,000 billion forints (25.9 billion USD) in additional sales revenue each year. BNI is celebrating its...
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Bank360: The population saved rather than spent before Christmas
Before the holidays, household bank accounts and securities accounts were still well-funded, and it did not seem at all that the Christmas shopping that started in November had sucked money...
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AutoWallis, together with its partner, can be the importer of Nissan in Romania
AutoWallis Group may acquire the distribution rights for Nissan in Romania together with the dominant player in the European automotive market, the Portuguese Salvador Caetano Group, and thus become the...
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NGM: tourism is soaring, guest traffic increased by 17 percent in November
Domestic tourism set new records in November 2024: the number of guests increased by 17 percent to 1.2 million, and the number of guest nights increased by 10 percent to...
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Every fourth Hungarian would like to improve their digestive well-being, but doesn’t know how
The start of the new year is a time for many to pay more attention to their health. However, according to a recent national study*, a significant proportion of Hungarians...
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These will be the most anticipated electric cars of 2025
The range of electric cars is constantly expanding, and it seems that there will be no shortage of new models in 2025: next year’s new products promise amazing technological solutions,...
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MOHU: more than one billion bottles have already been returned in Hungary
The number of short-term overnight stays booked on online platforms in the European Union member states continued to rise: in the third quarter of 2024, 366.2 million short-term overnight stays...
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New year, new and old challenges in logistics: The sector could feel like it’s on a roller coaster in 2025
There have been a significant number of economic trials in recent years, both domestically and internationally. 2025 is not expected to be the easiest year in every respect, at least...
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