News and articles
Zwack’s profit decreased significantly
In the first three quarters of the 2023-2024 business year, Zwack Unicum Nyrt. achieved gross sales revenue of HUF 31.58 billion, 3.4 percent more compared to the same period of...
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This can cause a serious problem with the mandatory redemption system
The new redemption system came into effect in Hungary in January, which is expected to make drinks available in stores more expensive. The aim of the system is to reduce...
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This year’s pre-booking campaign in tourism has been successful
The previous year’s successes in the travel industry and the summer outbound trends, which even exceeded the 2019 turnover, indicate that market participants expect further growth. Tour operators have been...
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There is no need to expect a permanent shortage of goods in Hungary due to the Red Sea crisis
In recent weeks, it was not pirates but rebels fighting for their own goals that attacked merchant ships in the Middle East, causing serious economic consequences. According to Attila Mihály,...
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Due to the weakness of foreign markets, industrial performance decreased in December
The negative effects of the war and sanctions caused significant damage to the economy, and the weak demand associated with the weak European economy also negatively affected the performance of...
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Syngenta presents virus-resistant vegetable varieties at Fruit Logistic
In addition to several award-winning vegetable varieties, Syngenta’s Vegetable Seeds division is waiting for the audience with a number of innovative new products at the 2024 Fruit Logistica exhibition, which...
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Armadillo became the lead agency for the Nicolaus vodka brand of Várda-Drink Zrt
Várda-Drink Zrt. chose Armadillo as a partner to increase the recognition of the Nicolaus Vodka brand in Hungary. From February 2024, the full-service agency will take over the management of...
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Retail sales in Romania increased by 1.9 percent last year
Retail sales in Romania increased by 1.9 percent in 2023 compared to the previous year, the National Institute of Statistics (INS) announced on Tuesday. Revenues from the distribution of food,...
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Lindt brings out its popular Easter chocolate in a new format
With Easter approaching, the famous chocolate manufacturer Lindt has announced its latest and boldest venture: the launch of a new bar version of the iconic Easter milk chocolate, “Gold Bunny”,...
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GVH raided a fraudulent webshop in Hungarian
The Economic Competition Authority (GVH) has announced that it has launched an investigation against Airbox s.r.o., a Slovak electronic cigarette distributor, because it is suspected of illegally and misleadingly advertising...
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VIMOSZ: the expectations of tourism companies improved significantly in January
In January, the expectations of tourism companies improved significantly compared to a year earlier – the National Association of Tourist and Hospitality Employers (VIMOSZ) announced to MTI on Tuesday based...
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Digitization is the key to the competitiveness of agriculture
Farming using data-based and precision technologies is now inevitable for all producers who want to appear with their products and goods on global competitive markets, where prices are shaped not...
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Lufthansa is canceling flights on Wednesday due to the strike
The Lufthansa airline is canceling flights on Wednesday due to the work stoppage of its ground staff on Wednesday, so it will not be possible to rebook tickets at the...
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The Chamber of Agriculture is launching a nationwide series of events on water conservation in February
The National Chamber of Agriculture (NAK) will launch a series of national events in February on agricultural practices that conserve water, the chamber told MTI on Monday. The “Changing climate, adaptive...
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Kavosz: the MAX+ amount of the Széchenyi Mikro loan will be doubled
The maximum loan amount of Széchenyi Mikrohitel MAX+ will be doubled, from HUF 50 million to HUF 100 million, and the financing of new, purely electric passenger cars will also...
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Fertilizer sales prices fell by more than half
In the months X–XII of 2023, compared to the volume traded in the same period a year earlier, 13 percent less fertilizer was delivered to farmers, despite the fact that...
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Mondelez to close biscuit factory in France
Mondelez said 61 positions will be eliminated by mid-2026 at the plant. Mondelez International is set to shut a biscuit plant in France by the end of 2025 as the...
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Rome was surrounded by tractors of farmers demonstrating against the European agricultural policy
Protesting farmers from all over the country surrounded the Italian capital with tractors, occupying the main roads leading to Rome at several points on Monday. You can see a row...
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SPAR Austria Opens Climate-Friendly Store In Vienna
SPAR Austria has announced the opening of a climate-friendly supermarket in Vollbadgasse in Vienna. The surplus heat generated from the SPAR supermarket is turned into energy for apartments and other...
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(HU) Egyesült Államok-szerte kínálja a Starbucks olívaolajas Oleato italát
Sorry, this entry is only available in HU....
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Agricultural Information Portal – agricultural data in one place
The Agrarian Economic Institute (AKI), which operates as a background institution of the Ministry of Agriculture, has been Hungary’s most important agricultural economic database and policy experience for many decades,...
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Agreement at Tesco – 12.5% wage increase and 25% cafeteria increase for nearly 9,000 employees
In the 2024/2025 fiscal year, it will invest HUF 5.6 billion in the wages of its employees working in stores and logistics centers, which will increase by an average of...
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5 tips that can improve employee and customer satisfaction in one fell swoop
Customer satisfaction is a kind of Holy Grail of companies, one of the most important metrics that can indicate the company’s success. At the same time, surprisingly, there is a...
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After 16 years, the Red Bull Ládaderbi race will be held again
The Red Bull Ládaderbi was born from the combination of speed, creativity and complete madness. It was 16 years ago that we last took part in Ládaderb in Budapest. Anyone...
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DSV reported solid results for 2023
DSV achieved stable results in 2023, operating in a sluggish demand and normalizing transport market environment. Amidst geopolitical uncertainty and ongoing supply chain disruptions, the global company stands ready to...
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SPAR is testing the demand for free-range hens
From the end of January, SPAR Budapest started a new initiative, and in its four Budapest stores, it only sells eggs from hens that were not kept in cages. The...
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These degrees are currently the most sought after on the labor market
The deadline for university applications is approaching, on the occasion of which Profession.hu prepared its trend report again this year, thereby helping students in their decision. The analysis revealed which...
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MGYOSZ: Due to falling inflation, the pressure on employers to raise wages is expected to ease this year
Local and regional labor market trends and challenges were explored by the region’s most important economic players at the HR Fest professional event organized with the main support of WHC...
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Entrepreneurial heritage – the conquest of older companies
The expansion of older companies, the number of companies that have lived 25 years has almost tripled compared to 2018, approaching 77,000 today. The business environment is changing, and despite...
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SPAR Magyarország has switched to compartments that support environmentally conscious operation
In 2024, SPAR Hungary will introduce a new type of reusable transport compartments in the fruit and vegetable departments. The foldable, recyclable, easy-to-clean, durable compartments will appear in all SPAR...
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