News and articles
Water tourism is experiencing a new renaissance in Hungary
It has been in the background for a long time, but with the support of the government, water tourism is now experiencing a renaissance in Hungary – stated the State...
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The country is making music again: the Music-Making Hungary 2025 program has been launched
Live gypsy music is playing again across the country – around 140 venues will host performances on the terraces of restaurants, cafés, bistros and tourist hubs as part of the...
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Consumer Trust in German Food Safety Reaches New High
Consumer confidence in the safety of food in Germany has risen to 89%, marking a three-percentage-point increase from the previous year, according to a representative Forsa survey commissioned by QS...
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Metro Partners With Multicedi In Italy, Makro Expands In Spain
Italian wholesalers Metro Italia and Multicedi have partnered to support the HoReCa sector in Southern Italy, namely in the Campania and Molise regions. In a first for Metro, its...
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Nestlé invests in Zimbabwe cereal manufacturing plant
The “strategic upgrade” includes the addition of a fourth roller dryer to produce its wheat-based cereal brand, Cerevita. Swiss food giant Nestlé has invested $7m to expand its breakfast cereal...
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Mol Limo has entered the classic car rental market
Mol Limo launched classic car rental on Monday, Mol Limo RENT A CAR is available 0–24 hours a day – the company told MTI. The car-sharing company told MTI that...
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Extras are becoming increasingly popular with home insurance
Additional coverages are becoming increasingly popular in home insurance. Among the most popular are, for example, insurance against flooding or the so-called home service, which provides quick assistance in the...
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Hungarian employers expect to expand their workforce more cautiously than before in the coming months
Overall, Hungarian companies are planning a small increase in staff numbers for the third quarter of 2025: during this period, 28 percent of domestic employers plan to expand their current...
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Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be protected against unjustified price increases, the prime minister said on Friday in Kossuth Radio’s Good morning, Hungary! program, adding that...
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Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food retail sector was spectacularly divided: while some chains closed with a heavy billion-dollar loss, others recorded a stable profit –...
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The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent years. According to SPAR data, the chain recorded a 40% increase in this category in 2021–2022 and a further 12%...
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More profit from interest than from meat – new ratios of Pick Szeged’s results
The operations of Pick Szeged Zrt. were characterized by seemingly modest growth in 2024, but looking behind the numbers, a specific trend that has been going on for years is...
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Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich meat products containing unique bioactive active ingredients has been developed by János Gulyás and Partners Ltd. from Felgyő in a...
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Auchan: multiplied profits in 2024 despite declining revenues
Auchan Hungary closed the 2024 business year with a spectacular increase in profits: it increased its after-tax profit of 586 million forints from the previous year by more than twelve...
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Euromonitor International 2025: everything for your pet!
The global pet care market is expected to reach the value of USD 215bn in 2025. The latest research by Euromonitor International highlights the key changes and growth trends that...
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Aldi Nord and Aldi Süd merge – One of the world’s largest discount chains could merge
After six decades of separate journeys, Aldi is preparing for a historic step: according to German press reports, the northern and southern divisions – Aldi Nord and Aldi Süd –...
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15 thousand people in Népliget: the 30th ALDI Women’s Running Gala was a celebration of women’s running
The first day of summer brought the biggest women’s running event in recent years, a true celebration of women, the joy of movement and togetherness. More than eight thousand participants...
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Two from three consumers expect a better shopping experience
According to The State of Customer Experience report of Genesys, consumers and business leaders are optimistic about how AI affects the customer experience: 64% of respondents believe AI will improve...
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An era ends, a new one begins – marketing leadership change at Eisberg
After two years, Judit Gál, the company’s marketing and communications manager, is leaving Eisberg, and her position will be taken over by Laura Spielmann from June 1. Laura Spielmann has...
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Cherries at a golden price, strawberries at a luxury price – why is fruit more expensive in Budapest than in Athens?
The Facebook page Vakmajom has highlighted shocking price differences in the markets of Budapest and Athens: the price of Hungarian cherries and strawberries is more than double that of Greek...
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KSH: The services foreign trade surplus was 2.2 billion euros in the first quarter
In the first quarter of 2025, exports of services in euros decreased by 3.6 percent and imports by 2.6 percent compared to the same period of the previous year. The...
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IDEAAL™: the revolutionary superprotein – a competitive protein product from Hungary
A joint research and development project, three players, a special milk protein product – this is the recipe for IDEAAL™, the result of a one-of-a-kind collaboration. This article is available...
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The price fall in PENNY continues
PENNY Hungary continues to slash prices on basic household and hygiene products. Starting from May 30, the discount chain will reduce prices on nearly 40% of its chemical product range,...
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Changing tastes, growing challenges: the Hungarian potato sector in new directions
The restructuring of the market, the radical change in consumer habits, and the pressing issues of self-sufficiency dominated the professional conference of the National Potato Association and Product Council (OBTT)...
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Can Cuba go without rum? – Sugar shortage paralyzes the island’s iconic industry
Cuba’s rum industry is in deep crisis – not financial, not market, but raw material shortages. The state-run rum production has been pushed to the brink of a complete shutdown...
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Billion-dollar dividends, stable turnover of one trillion – this is how the National Tobacco Shop Supplier Ltd. performed in 2024
The National Tobacco Shop Supplier Ltd. (ODBE) has once again crossed the one thousand billion forint revenue threshold: the national tobacco supplier had a turnover of 1,123 billion forints in...
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Active Hungary State Secretariat: more than 600 adventure sports events in the 2025 calendar
This year, the State Secretariat for Active Hungary is providing support for more than 600 adventure sports events. The program helps sports event organizers who organize leisure events involving at...
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Heineken quenches its thirst for data management with artificial intelligence
Heineken Simplifies Data Analytics for Employees with SAP AI Solution. One of the world’s largest brewers has deployed its internal artificial intelligence (AI) chatbot, “Hoppy,” to improve its business processes...
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NGM: the SZÉP card is a significant help for Hungarian families
The SZÉP card is a significant help to Hungarian families, with cardholders spending 14 percent more in April than a year earlier, the Ministry of National Economy (NGM) announced on...
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Gorenje-Hisense celebrates its 75th anniversary in Hungary with above-average business results and exciting new products
Gorenje Magyarország Kft. celebrated its 75th anniversary with outstanding revenue and nearly 10% growth. At the anniversary press conference, Managing Director Norbert Füle presented the business results, followed by an...
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