News and articles
András Tállai became the State Secretary responsible for the food economy and agricultural vocational training
With the appointment of András Tállai, a new leader will lead the food economics and agricultural vocational training sector. The experienced politician and economist has gained leadership experience in numerous...
Read more
KPMG: 78 percent of large Hungarian companies prepared a sustainability report last year
78 percent of the 100 largest Hungarian companies prepared sustainability reports last year, and they perform better than the world average in terms of emissions, KPMG announced on Monday. According...
Read more
Chaos, indecision and uncertainty – this is why the opening of Mere in Hungary is delayed
The opening of the first store of the Russian discount chain Mere in Hungary has been delayed for more than half a year, and there is no guarantee that the...
Read more
GKI analysis: Lagging exports, lagging labor productivity
The Visegrad countries are basically export-driven, open economies. This is clearly demonstrated by the fact that even Poland, which has the largest internal market, had exports of 58% of GDP...
Read more
IKEA Hungary invested more than 5.2 billion forints in price reductions in the 2024 financial year in the name of affordability
In the 2024 financial year, IKEA Hungary invested nearly 12 million euros in price reductions, prioritizing affordability over profit. This strategic move supported a 2.3 percent increase in store visits,...
Read more
Hungarians are being taken to Romania for shopping by bus
Romanian prices occasionally appear in Hungarian public discourse, but in reality it is not certain that it is more worthwhile to shop in Romania than in Hungarian shops. However, shopping...
Read more
Regional e-commerce has reached a new level
Pepita Group Zrt. increased its domestic gross turnover by more than 24 percent in 2024 compared to 2023, while including foreign markets, the growth reached 39.3%. On average, a successful...
Read more
Márton Nagy: can price stops come again?
Could price caps come again? – asked the Minister of National Economy in a Facebook post on Monday. “If necessary, we will intervene immediately in the interests of families!” –...
Read more
The GVH is investigating the fulfillment of eMAG’s business support commitments
The Hungarian Competition Authority (GVH) is investigating whether eMAG is supporting Hungarian businesses in line with its commitment, the GVH told MTI on Monday. The Romanian-based e-commerce company undertook a...
Read more
Gucci in crisis
Gucci has long struggled in the luxury market, and the constant rotation of creative directors has not helped matters. The brand is struggling to find its place in a market...
Read more
The National Trade and Consumer Protection Authority urges caution during the Carnival holidays
The National Trade and Consumer Protection Authority (NKFH) is warning against excessive use of masks, wigs and costumes during the carnival season. Last year, 20 of the 37 costumes, masks...
Read more
The desire to travel for leisure purposes has continued to increase
Not only did the desire for leisure travel for exotic and cultural cruises and city visits continue to grow last year, but passengers increasingly expect special, themed trips in addition...
Read more
Nébih’s gift for the week of marriage: A wedding without leftovers
The National Food Chain Safety Office (Nébih) has prepared a special guide for the No Leftovers program for this year’s wedding week. In their publication, No Leftovers Wedding, they summarize...
Read more
Pécs virologists examine UHT milk to predict epidemics
The National Laboratory of Virology (VNL) of the University of Pécs (PTE) has launched research into the examination of ultra-heat-treated milk in order to predict epidemics that spread from animals...
Read more
K&H: perception of government measures in the SME sector is improving
Expectations regarding the government’s business-friendly measures among the managers of domestic small and medium-sized enterprises (SMEs) have improved significantly, by 8 points – according to the research data of the...
Read more
Profession.hu: a diploma is a requirement in fewer and fewer job advertisements
For years, fewer and fewer job advertisements have required a diploma, and in 2023, only 21.5 percent of applicants were expected to have a higher education, according to Profession.hu. The...
Read more
The biggest event in the fashion industry has started in Budapest
The Budapest Central European Fashion Week (BCEFW) began on Monday, with around 50 fashion industry events opening up to visitors across the capital, the organizer Hungarian Fashion & Design Agency...
Read more
József Szigetvári continues in the PortfoLion team
József Szigetvári will join PortfoLion Capital Partners, a venture and private equity fund manager belonging to the OTP Group, as a Venture Partner from February, where he will support the...
Read more
Valentine’s Day spending is expected to hit a new record this year
Valentine’s Day spending is expected to hit a new record this year – sales are not only expected to substantially increase in the US, but also in Germany. German retailers...
Read more
André Palóc: the minimum wage will increase by more than 40 percent in the coming years
As a result of the wage agreement concluded last year, the minimum wage will increase by 9 percent in 2025, 13 percent in 2026, and 14 percent in 2027, which...
Read more
Young people in focus: the second national Big Student AwarenessNet Test is launched
This year, February 11th marks Safer Internet Day. The aim of the world day, which has been held annually since 2009, is to draw attention to the importance of a...
Read more
HelloFresh’s Ready-To-Eat Brand ‘Factor’ Launches In Germany
Meal-kit firm HelloFresh has launched the ready-to-eat (RTE) meal service ‘Factor’ in its home market, Germany. The launch follows the success of the direct-to-consumer brand in the United States, Canada,...
Read more
Billionaire Daniel Kretinsky aims to delist Metro
Daniel Kretinsky plans to take the German wholesale group Metro private. The company’s management supports the Czech businessman, who currently already holds 49.99 % of Metro’s shares. Kretinsky has offered other...
Read more
The present and future of dentistry: alarming data and new technological breakthroughs
The dental condition of our country and other countries is a cause for concern, as it shows a continuous worsening trend based on the statistics of recent years. Technological innovations,...
Read more
Entrance fees to the city of Venice will be charged again from April
In the city of Venice, entry will be charged again from April 18 on pre-determined days, with a slight increase in prices compared to last year, Simone Venturini, the head...
Read more
FAO: World food commodity market index decreased in January
The Food and Agriculture Organization of the United Nations (FAO) reported on Friday that the world food commodity price index fell in January, averaging 124.9 points during the month, 1.6%...
Read more
The future of the food industry is in the hands of young people
Food safety and quality are of paramount importance not only for agriculture, but also for the economy and social well-being – stressed András Tállai, State Secretary for Food Economy and...
Read more
Bonduelle also helped with canned vegetables and sweets
The charitable cooperation between Bonduelle Central Europe Kft. and the Hungarian Food Bank Association reached its twentieth year in 2025. Over the past year, the company contributed HUF 222 million...
Read more
Many small businesses could miss out on the individual exemption if they don’t act on time
The threshold for individual VAT exemption increased to HUF 18 million from January 1, but entrepreneurs must declare by February 28 if they want to take advantage of the opportunity....
Read more
Austria’s exports fell significantly in November
Last November, Austrian exports fell much more than imports due to weak foreign demand. The country’s exports and imports also fell significantly in the first 11 months of the year,...
Read more