News and articles
A lot of imported tomatoes arrive to Hungary
About 20,000 tons of tomatoes arrive in Hungary from abroad every year, especially in the period between October and March. Based on the information from FruitVeB, the Agricultural Sector highlighted...
Read more
NAK is concerned about EU food safety in relation to imported products
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
Read more
The quarterly income of the world’s largest luxury goods manufacturer, LVMH, decreased
The revenue of LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury goods manufacturer, fell by 2 percent to 20.69 billion euros in the first quarter of this year...
Read more
PICK’s spring campaign invites you to go outdoors
In 2023, everyone got to know the concept of the word taste. The characteristic taste of PICK Winter Salami is able to evoke pleasant moments for us very intensely, we...
Read more
Creativity and artistic expertise as the basis of business success?
A relevant question is how those who work in the art and culture field or who would come to this field as investors can build a brand that can be...
Read more
Forward-looking data visualization solutions at the SAP and IFUA Horváth competition
The winners of the data visualization competition of SAP Hungary and IFUA Horváth have been announced. Fifty teams from the university and corporate spheres compared their skills. With the help...
Read more
This is where Hungarians go on vacation in the pre-season
According to the announcement of the travel agency Invia.hu, exotic destinations are usually the most popular in the first quarter, when countries that offer sunny, mild weather even in the...
Read more
Alcampo’s private label range grew by 5% last year
Spanish hyper- and supermarket chain Alcampo launched around 281 private label food, drug and perfume products last year, which meant a 5% rise in its private label assortment compared to...
Read more
Uber received permission to enter the Hungarian market
The long road to Uber’s return has finally reached the finish line in Hungary, after receiving the license to operate in cooperation with Főtaxi. The Budapest Transport Center and the...
Read more
Did you buy a used car from a webshop? These are the latest trends in the used car market
The year 2023 brought consolidation in the used car market, but the winds of recession and inflation can be felt in the segment. Customers are more aware, but mistrust is...
Read more
An immediate revision of EU regulations on imported products is necessary
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
Read more
Lucozade unveils biggest relaunch to supercharge UK drink sales
Lucozade has unveiled its biggest relaunch in the brand’s history, as it rolls out a new masterboard platform to supercharge sales of its drinks across the UK market. The “Bring...
Read more
British inflation is at a two-and-a-half-year low
The pace of annual British inflation slowed to a two-and-a-half-year low in March. According to data presented by the British Statistics Office (ONS) on Wednesday, consumer prices were on average...
Read more
Sándor Czomba: the proportion of guest workers is low, jobs cannot be taken away from Hungarians
Hungary belongs to the Hungarians, it is only possible to temporarily stay and work in our country for the purpose and legal title determined by the Hungarian state, and if...
Read more
Consumers continue to blend in-store, online shopping methods
Nearly three-quarters of U.S. consumers are embracing the omnichannel shopping journey. Seventy-three percent of consumers blend online research, physical store visits and options such as buy-online-pickup-in-store or in-store returns before...
Read more
REWE Opens Its First 100% Plant-Based Supermarket In Berlin
German retailer REWE has opened its first purely plant-based supermarket in Berlin, offering more than 2,700 vegan products. The store is the first vegan outlet for REWE Group, which operates...
Read more
A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common Agricultural Policy), new calls for tenders have appeared, which are intended to promote the modernization and sustainable development of the...
Read more
Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has bought German organic meat producer TofuTown, making it a key player in the European plant-based market. This article is available...
Read more
Baileys Tiramisu Irish Cream Liqueur
Baileys Tiramisu, dessert in a glass. A combination of the delicious Baileys Irish cream liqueur and the distinctive flavours (mascarpone, espresso) of the authentic Italian dessert, tiramisu. This cocktail-inspired limited...
Read more
Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
Read more
2024 could already be the year of growth in retail
This year could be the year of growth in Hungary after the previous year’s recession, to which we expect the expansion of consumption to make a substantial contribution. However, retail’s...
Read more
Climate change will further increase food inflation
Rising temperatures and extreme weather events can have a serious impact on agriculture and food inflation, according to a recent study by the Potsdam Climate Change Research Institute (PIK). According...
Read more
K&H: three thousand forints is not enough for two hamburgers today, two years ago it was three
“Child inflation” slowed further, but it is still 8 percent on an annual basis. The price of the product basket, compiled based on children’s consumption habits, increased by that much....
Read more
IMF: this year’s outlook for the world economy has improved minimally
According to the International Monetary Fund (IMF), overall, this year’s outlook for the world economy has improved minimally since the organization’s previous forecast in January. According to the revised World...
Read more
Tesco will remain, even though its profits have decreased
Ken Murphy, CEO of Tesco, stated in a statement that the company remains committed to Hungary and other Central European markets where it is present. Despite the fact that their...
Read more
The Szentkirályi Talent Program is starting for the fifth time
The Szentkirályi Talent Program is starting for the fifth time, which, with the professional support of the Hungarian Olympic Committee and the ambassador of the program, the Olympic champion gymnast...
Read more
According to the managing director of MediaMark Hungary, the Temu webshop is tempting with a price advantage, but it cannot build stable customer loyalty in the long term
Gábor Szilágyi, the managing director of MediaMarkt Hungary, warned about the deceptiveness and long-term unsustainability of the price advantage of webshops like Temu, according to a Forbes report. Szilágyi pointed...
Read more
This year, the Maltesers brand renews its commitment to supporting women
The Maltesers brand, famous for its delicious chocolate balls, renews its commitment to support women this year. It is proud to be at the forefront of efforts aimed at improving...
Read more
This year, the McDonald’s and Erős Pista collab is even hotter
After last year’s great success, the Hungarian McDonald’s welcomes its guests with new Erős Pistás sandwiches. However, after listening to the feedback from consumers, this year the burgers are coming...
Read more
FAO’s guide to International Potato Day helps you prepare for the first World Potato Day on May 30
While preparations are already underway for the first celebration of International Potato Day, the Food and Agriculture Organization of the United Nations (FAO) is already trying to draw attention to...
Read more