News and articles
Gruppo Megamark Unveils €180m Investment Plan
Italian regional grocery retailer Gruppo Megamark is investing €180 million to expand and modernise its stores in southern Italy. This two-year business plan (2025-26) is being funded by €45 million...
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Agrometeorology: Drought intensifies, forced ripening of summer crops expected
The heat is increasing in the coming days, and no significant precipitation is expected in most parts of the country, so forced ripening of summer crops is expected under drought...
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Huge rush in ALDI’s sale – stores open earlier on Sundays
ALDI Hungary’s one-week clothing sale exceeded all expectations: on the first day, customers purchased nearly 290,000 products. Due to the extraordinary interest, stores will open an hour earlier on Sundays,...
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Fidelity survey: Investors defy general uncertainty
With the restructuring of global systems, investors must navigate an environment where traditional assumptions – including those related to government policy, interest rates, and market stability – are becoming increasingly...
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End of the century: drought drove up food prices in July
In July, annual inflation slowed to 4.3 percent, while on a monthly basis prices rose by 0.4 percent, according to the latest analysis by Századvég. The relatively high monthly price...
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Counterfeit food and beverages cause billions in damage in Hungary every year
In Hungary alone, food and drink counterfeiting causes nearly 16 billion forints in lost revenue and more than 270 job losses each year, while at EU level, the phenomenon costs...
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New CFO and Supply Chain Director joins HEINEKEN Hungária team
New professionals have joined the management of HEINEKEN Hungária Zrt. in two key areas. Both Rozália Göcsejiné Kiss and Attila Frang Géza will play a decisive role in implementing the...
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Juvencio Maeztu is the new CEO and President of IKEA and Ingka Group
Juvencio Maeztu, current Deputy CEO, has been with IKEA for 25 years in various positions. He started his career as a store manager in Spain in the early 2000s and...
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Kifli.hu customers ordered a record amount of liquid this summer
Kifli.hu customers ordered a record amount of juice, water and other drinks this summer. During the heat wave and holidays, interest in alcoholic products increases. According to the online supermarket,...
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The global luxury market has stalled – driven by the super-rich, aspirational buyers have held back
For the first time since the pandemic, growth in the global luxury market came to a halt in 2024, according to new research by the Boston Consulting Group (BCG) and...
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The Hungarian Competition Authority is investigating Aldi’s market leadership claims.
The Hungarian Competition Authority (GVH) has initiated competition supervision proceedings against Aldi Magyarország Élelmiszer Kereskedelmi Bt. (Aldi), a retail company with nearly 200 stores in Hungary, for using market leadership...
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“The measure is yours!” an open letter for responsible wine consumption
The Hungarian Wine Marketing Agency has published an open letter aiming to place the public perception of wine consumption on a new footing. The initiative has been endorsed by several...
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Four out of ten Hungarian households have a dishwasher – yet we waste water
According to recent research, dishwashers can now be found in 45% of Hungarian households, yet many do not take full advantage of their potential. Energy efficiency is becoming an increasingly...
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Waste could be worth gold in August
MOHU’s national education campaign has been launched, encouraging the public to use waste yards with the Golden Bin and valuable prizes. The campaign runs between August 1 and 31, 2025,...
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SPAR regarding the Kisújszállás store closure: there is no talk of a nationwide wave of store closures
On August 24, Spar’s store in Kisújszállás will open its doors for the last time – the company confirmed, stating that following this year’s profitability review, it has decided the...
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Families face a more affordable start to the school year
This year, the cost of schooling is expected to increase further, but every second family is saving up for the fall in order to be able to manage the expenses....
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Management changes at Mol – a new leader at MOHU, too
MOL Plc. has announced several personnel changes affecting the company’s top management and its circular economy services division. In a stock exchange statement, the company informed shareholders that József Simola...
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MLSZKSZ: Intermodal and sustainable transport is getting new impetus
On July 31, the Minister of Energy published Decree No. 18/2025. (VII. 31.), which creates new opportunities for those operating in the transport sector in the Energy Efficiency Obligation System...
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McDonald’s in Japan halts Pokémon card sale, food waste follows
Unopened burgers and spilled fries were left behind after McDonald’s in Japan launched a promotion over the weekend, featuring limited-edition Pokémon cards hidden in its Happy Meal menu, sparking a...
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Waberer’s is building a logistics center of almost 22 thousand square meters in Debrecen
Waberer’s is building a logistics center of almost 22 thousand square meters in Debrecen. The construction of the facility started in November last year, the hall reached the structurally ready...
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Artificial Intelligence in the Workplace: Who Uses AI?
The GKI conducted a survey in July on a representative sample of 1,000 people in Hungary to examine the prevalence of artificial intelligence (AI). Who uses AI and for what...
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This year’s sour cherry harvest is much weaker than usual
This year, the weather was not favorable for the sour cherry harvest either, spring frost damage was significant in the plantations, and producers were only able to harvest significant quantities...
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Consumers would also be adversely affected by the withdrawal of EU agricultural subsidies
The withdrawal of EU agricultural subsidies would seriously affect small and medium-sized farms, but consumers would also be the victims of the 20-25 percent reduction, the Hungarian Federation of Farmers’...
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We owe thanks to farmers for the life-giving wheat and the bread made from it
Thanks to the diligence, perseverance and dedicated work of farmers, new bread can be put on the tables of Hungarian families, for which we cannot be grateful enough – stated...
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This year, the Sziget Festival audience donated more tents to charity and left less behind
Sziget Festival participants left behind less abandoned camping equipment than ever before, and more tents, mattresses and blankets than ever before were handed in at the collection points. 120 volunteers...
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István Nagy: We owe gratitude to farmers for the life-giving wheat and the bread made from it
Thanks to the diligence, perseverance and dedicated work of farmers, new bread can be put on the tables of Hungarian families, for which we cannot be grateful enough – stated...
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Visit Hungary Zrt.: the resumption of Budapest-Philadelphia flights is good news for Hungarian tourism
After six years, a direct flight between Budapest and Philadelphia will resume, which is very good news for Hungarian tourism and the business world; this will make travel between the...
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K&H: first-time home buyers get a rare chance, pre-qualifications start, you can now apply for the Home Start Program
The Home Start Program, which will start in September, will open a new era in the Hungarian market, under which those affected, including young people, can purchase residential property with...
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Beach snacks, bicycles and lung pumps – this is how young people survive the second week of the retirement challenge
The K&H retirement challenge continues: the contestants provided further proof that a tight budget doesn’t necessarily mean the end of fun. With creative solutions, conscious planning and a bit of...
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István Nagy: the government will provide more than 20 billion forints of funding for the development of aquaculture until 2027
Domestic aquaculture plays a key role in supplying healthy and quality fish to fishing waters, therefore the government will provide more than 20 billion forints of funding for the sector...
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