News and articles
The pálinka bonbon of the year is also sought at the 23rd Gyula Pálinka Festival
The Pálinka Bonbon of the Year competition, which will be held as a side event of the 23rd Gyula Pálinka Festival, will be announced for the first time – the...
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The CEO of Budapest Airport is leaving at the end of July
Chris Dinsdale, the general manager of Budapest Airport, will leave the company at the end of July, and from August he will take up the position of president and CEO...
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Scientific results are indispensable for successful agriculture
The advantage of our country’s GMO-free status must be used even more effectively than before – said Minister of Agriculture István Nagy at the 150th meeting of the Genetic Technology...
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The EU imposes urgent tasks and drastic measures
The main goal of the European Union’s energy policy by 2030 is for member countries to reduce their primary energy consumption by 30 percent and to reduce greenhouse gas emissions...
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Healthy food is worth a fortune
Hungary’s goal with the renewal of the Common Agricultural Policy was to set a new direction for the transition, as a result of which European agriculture will become sustainable, responsive...
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JMSZ: low utilization of company cars, carsharing also supports environmental protection
By using carsharing (shared car access), companies can not only support environmental protection, they can also reduce their costs, and as a cafeteria element, they can also enable the use...
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The government is doing everything for the farmers
The government did everything to ensure that the farmers felt as little as possible the effects of the war and the consequences of last year’s drought, Minister of Agriculture István...
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Kellogg’s meets gender parity goal three years ahead of target
Kellogg’s has reached its target of having 50% male and female representation at manager level and above in the UK, three years ahead of its 2025 goal. In 2019, Kellogg...
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Carrefour Polska To Shutter Galeria Alkoholi Stores
Carrefour Polska plans to close stores operating under its Galeria Alkoholi format as it aims to focus on developing its best-performing banners, according to a report in the online publication,...
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Walmart warns employees not to share corporate secrets with ChatGPT
American retail giant Walmart issued an internal memo to its staff, urging not to disclose any confidential, financial or customer-related information to generative AI tools like ChatGPT. The leaked memo...
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About 30 winemakers, 120 types of wine and champagne corners await visitors at the Cifra Borsétán in Kecskemét
Around 30 winemakers, 120 types of wine, champagne corner, gastronomic exhibitors and thematic master classes await those interested in the second Cifra Borséta at the end of March in Kecskemét....
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Our common heritage is the Carpathian Basin Wine Culture
We do not leave all the wealth that lies in the soil of the Carpathian Basin, vineyards, fruit bushes and human expertise, diligence, said István Nagy, Minister of Agriculture II....
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Márton Nagy also spoke about the extra profit tax and the price cap
If energy prices had not fallen, no matter how high the central bank interest rate is, the exchange rate of the forint will probably not stabilize, which is why it...
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Lidl is reducing the price of its most popular cheeses from Monday
Starting Monday, March 6, Lidl Hungary will significantly and permanently reduce the price of the most popular cheeses in its range – this was announced by the store chain’s corporate...
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The new managing director of Kifli has spoken: this is what we can expect after the price cap
In his recent interview with Pénzcentrum, Gabriel Makki, the newly appointed new managing director of Kifli, spoke about the company’s biggest changes, the expansion of their own-brand product range, as...
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Pork may become more expensive in the coming months
In the case of meat, we can expect a 10 percent price increase after the introduction of the price cap, primarily in the price of pork, but it is also...
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Should plant-based food be placed next to meat in stores?
According to recent research, many consumers think: the preparation of dishes from plant-based foods is complicated and expensive, and the result is less tasty in comparison with meat. Experts believe...
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Start-ups are developing vegan salmon fillet and crab cake
Toronto-based start-up New School Foods is working on developing vegan seafood. With three years of work, they invented cutting-edge technology, utilising target freezing to create structures similar to the muscle...
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Is potato milk the new alternative in the dairy industry?
Swedish brand DUG is using potatoes to reinvent dairy products. The company claims its potato milk is the best alternative in the market, pointing it out that potato is a...
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Soy protein reduces the risk of heart diseases
A recent study claims the special proteins in soybean can reduce the LDL cholesterol level, and they also diminish the risk of metabolic disorders such as arteriosclerosis and fatty liver....
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If the lemons are sour…just use them to make lemonade!
Nielsen data reveal that fruit juice value sales grew by 11.2% in January-November 2022, but volume sales decreased by 6.6%. The like-for-like sales drop was even bigger in the last...
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An overview of the eating habits of Hungarians
Nestlé Hungária has conducted a representative survey on what Hungarians think about healthy eating and what their meat consumption habits are like. It turned out that the majority would never...
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Hungarian-owned retail chains: adjustment period after the 54% inflation
Many of us thought that we would be able to take a breather post pandemic, however, the 54% retail inflation in Hungary has proved us wrong. So, what is fuelling...
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Retailers in the metaverse
Deloitte’s experts have studied what can influence the expansion of retail trade in the metaverse. At the moment there are several factors that hinder the large-scale use of the metaverse,...
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Cleanness in large portions
Sales grew in the cleaning product category in 2022, but this growth was driven by the higher product prices. Also because of the price increase, there has been a small...
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Visa: five payment trends to look out for in 2023
1. We will spend more on travelling: passenger turnover strengthened in 2022, and this trend is expected to continue in 2023. 2. More conscious consumers, more sustainable shopping: in another...
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There will always be buyers for quality pálinka
Károly Gerendai, METRO’s wine expert: “Pálinka is a cult spirit and it isn’t simply a drink that is made in Hungary, but a Hungaricum product. This also means that there...
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They make the world of flavours complete
Dressings are a must on the Easter dinner table, but after the successful 2022 season – when volume sales increased – this year the two biggest market players expect to...
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What has happened to last year’s chocolate rabbit?
Usually seasonal confectionery manufacturers make plans based on what happened “in the same period last year”. This year this strategy won’t work, as back at Easter 2022 the inflation hardly...
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EY: the tax office is capable of more and more targeted tax audits
The National Tax and Customs Administration (NAV) is capable of more and more targeted inspections with its automated processes that utilize artificial intelligence and its database supplemented with international sources...
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