News and articles
The MOL Group’s sustainability plan is ambitious
Focusing on the future, the Mol Group has set itself ambitious plans in the field of sustainability. According to their updated long-term strategy, called SHAPE TOMORROW, the company will spend...
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Our country’s agricultural relations with Kenya continue to strengthen
Africa can be the world’s largest global food producer, and our country must take advantage of its potential, said István Nagy, Minister of Agriculture, who met with Mithika Linturi, Kenya’s...
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AutoWallis will be the importer of the electric commercial vehicle brand of the Chinese Geely Group in 8 regional countries
The AutoWallis Group continues to strengthen its international position after agreeing on the exclusive distribution of Farizon commercial vehicles manufactured by Geely Auto Group, with a new energy source, in...
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EY: The world economy is not spinning, but company managers are optimistic
The majority of CEOs expect profit growth this year, despite the unfavorable global economic environment, according to EY’s latest international survey of 1,200 CEOs in 21 countries, including France, Germany,...
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KSH: industrial production decreased by 3.6 percent
In January 2024, the volume of industrial production was 3.6 percent lower than a year earlier. Adjusted for the working day effect, production fell by 4.1 percent, the Central Statistics...
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A slow recovery awaits the Hungarian economy
This year, the Hungarian economy started to grow after last year’s decline. However, the speed of recovery is expected to be lower than previously hoped due to the lingering effect...
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The European Parliament adopted the regulation on artificial intelligence
Today, the European Parliament adopted the EU regulation on the regulation of artificial intelligence (AI). Companies that violate the law, which is expected to enter into force this spring, may...
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We try to save the most on online subscriptions and streaming services
Most European consumers are confident about their financial situation, but many, especially younger age groups, find it difficult to save and keep track of monthly expenses. Most consumers try to...
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Press Event in Budapest for the promotion of European vegetables and the European Kaki Fruit
The “MEDITERRANEAN COMBO” campaign continues to expand its presence in Hungary with the aim of enhancing consumer awareness and promoting European fruits and vegetables. For the third consecutive year, a...
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K&H and the Tej Product Council signed a cooperation agreement
At the European Union level, the number of dairy cows may decrease by more than 2 million by 2035, while milk yields per cow will increase. In order for the...
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Beauty day for the needy – the Women’s Day program of the Baptist Charity Service was supported by Rossmann
On the occasion of Women’s Day, a beauty day was organized for disadvantaged ladies living in the institutions of the Baptist Charity Service, mothers’ homes and homeless shelters. At the...
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Elek Nagy was re-elected president of the Budapest Chamber of Commerce and Industry
The representative assembly of the Budapest Chamber of Commerce and Industry (BKIK), which represents nearly 40 percent of Hungarian individual and cooperative enterprises, unanimously elected Elek Nagy as the president...
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Conad gets EUR 25m sustainability loan from UniCredit
Supermarket chain Conad has secured a EUR 25m loan from Italian banking group UniCredit to support its sustainability initiatives, which will be used to purchase goods and stock. Conad has...
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In January, industrial production in the Eurozone fell by the largest rate in ten months
Industrial production in the Eurozone and the EU fell more than expected in January, the largest in ten months, according to a Wednesday report by Eurostat, the statistical office of...
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Ben & Jerry’s new recipe for oat-based ice cream in the US
Ice cream giant Ben & Jerry’s has unveiled a new vegan flavour in the US. This article is available for reading in Trade magazin 2024/2-3 The new dairy-free strawberry “cheesecake”...
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In February, the annual inflation in Romania was 7.2 percent
In February, the annual inflation rate in Romania was 7.2 percent, the National Institute of Statistics (INS) announced on Wednesday. This represents a decrease of 0.2 percentage points compared to...
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Integrál Zrt. opened its eighteenth store in Kiskunfélegyháza
Integrál Elelmiszeripari és Kereskedelmi Zrt. opened its eighteenth store in Kiskunfélegyháza on Wednesday. Zoltán Marczinkó, the Deputy Secretary of State responsible for economic analyzes and priority support programs of the...
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Actor László Szacsvay helps customers in Príma stores!
Many people were surprised in recent days when self-service cash registers were used in the CBA and Príma stores operated by Vörösvár Kft. Because instead of the usual female voice,...
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In January, the growth of retail trade in the Czech Republic accelerated
n January, retail sales in the Czech Republic increased by 2.4 percent compared to a year earlier, after 1.2 percent in December, the Czech Statistical Office announced on Wednesday in...
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The GVH took action: a competition supervision procedure is launched against Temu
The Economic Competition Authority (GVH) is launching a competition supervision procedure against the European operator of the Temu online marketplace, Whaleco Technology Limited. In recent weeks, GVH has received several...
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Fonyódi Ásványvíz Kft. is not discontinuing the mineral water brand, it is only temporarily suspending production
Fonyódi Ásványvíz Kft. has temporarily suspended its production activities as of February 1, 2024. Due to changes in the external market, economic and regulatory environment, the company’s management decided on...
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It has been revealed when Primark’s first store in Hungary can open
According to the information published on the website of Arena Mall, inaccurate dates regarding the opening of the Primark store in Budapest have recently been spread in the domestic press....
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61! – The year 2024 starts with a record amount of taxes
Entering another year of special taxes, the question may rightly arise as to when the extra profit taxes, which were initially communicated as temporary, will give way to tax returns...
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Not many Hungarian chain stores will be open on March 15
The March 15 holiday is upon us, which is also the first long weekend of the year, if we do not count the New Year. The opening hours of the...
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This is how PENNY’s opening hours will change in the coming period
PENNY stores in Hungary will be closed on Friday, March 15, as well as on Good Friday, March 29, March 31 and April 1, Easter Sunday and Easter Monday. It...
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Subscription e-commerce is about to explode in Hungary
According to industry forecasts(1), the subscription model of global e-commerce will expand by more than 50 percent annually, while in Hungary even greater growth is possible due to the low...
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Dr. Oetker Chocolate Heart Cake baking mix and Bourbon Vanilla Pudding with a ready-made forest fruit sauce
To mark the 100th anniversary of the founding of Dr. Oetker in Hungary, the company is adding two specialities to its product selection. The Chocolate Heart Cake baking mix makes a...
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According to Tesco, this is how milk stays fresh longer
Milk is often on shopping lists, but due to its short shelf life, its purchase can easily lead to food waste. However, proper storage and freezing can prevent this problem...
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Almost half of women do not return to their original workplace after maternity leave
Four out of ten women returning from maternity leave found themselves in a situation where their employer did not take them back, even though this would be mandatory under current...
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Floral, nostalgic flavors named key flavor trends for 2024
Floral flavors and nostalgic palates with modern twists are likely to resonate with consumers in 2024, according to Innova Market Insights. The predictions come from Innova’s annual flavor trends forecast, which...
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