News and articles
Fewer and fewer retail chains publish discount newspapers
Half of the consumers demand discount newspapers, the other half are left cold by printed catalogs. Retail chains are therefore either discontinuing or starting to publish fewer copies of their...
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Kifli prices have risen by 133 percent in the past year
Vakmajom blog follows the development of the price of kifli in a bakery in Budapest on a regularly updated graph, and they reported quite shocking numbers recently. “290 didn’t last...
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Consumers can spend less for Christmas this year
The effect of inflation can be felt, that is, it is clear: the monthly income is no longer enough for Christmas – it is clear from the report of ATV...
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KSH: Developments in the food industry significantly exceeded the previous year
In the third quarter, the volume of investments increased by 7.7 percent compared to the same period of the previous year, and rose by 1.9 percent seasonally adjusted compared to...
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These are the most valuable companies of the millenia
Electronics, FMCG and automotive companies are all on the list. Interbrands uses three key indicators to determine brand value: the financial performance of branded products or services, the role of...
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NAV: you can bid on alcohol with an estimated value of more than HUF 350 million
Alcohol with an estimated value of more than HUF 350 million can be bid for from November 28 for 4 days, until December 1, the National Tax and Customs Administration...
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Doesn’t red meat pose a health risk after all?!
For years, some studies have linked red meat consumption to health problems such as heart disease, stroke, and cancer. Almost all research is observational and cannot conclusively establish cause and...
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A pack of cigarettes can be three thousand forints
According to the proposal of the European Commission, the minimum excise tax per box would be raised from 1.80 euros to 3.60 euros per box, in Hungary the excise tax...
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Hungaropack Hungarian Packaging Competition 2022 winners
In 2022 the Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised the Hungaropack Hungarian Packaging Competition for the 39th time. There were 61 competition entries from 31 firms – 42...
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Recession, growing inflation, rapidly worsening external balance
In the latest GKI report, which was published in September, the company raised its growth forecast from 3.7% to 4.5% for 2022. For 2023 the company envisages not plus 2.7%,...
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Nébih found contamination in the products of a dairy plant
The laboratory of the National Food Chain Safety Office (Nébih) detected aflatoxin contamination in the products of a dairy plant in Győr-Moson-Sopron County in quantities slightly above the limit value,...
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Nutrition labelling battle – who will win and what do consumers understand from all this?
On the second day of Trade magazin’s Business Days conference, nutrition expert Emese Antal introduced the results of a TÉT Platform survey from August. Soon the European Union will decide...
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50 percent of the catering industry may close the shutters
ATV Híradó contacted several restaurants that have already closed, but none of the former owners wanted to comment. According to László Kovács, the president of the Hungarian Catering Association, it...
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The domestic toy market turnover is around HUF 100 billion
The domestic toy market is quite large, around HUF 100 billion, and it can also be said to be a crisis-resistant sector. At the same time, there are also changes...
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EY: It has become clear what the tax authorities are afraid of
Domestic companies expect stricter tax inspections in 2023, transfer pricing is considered the riskiest area, according to a survey of more than 250 participants of the EY Tax Conference. However,...
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The water temperature is reduced in all swimming pools and wellness centers, with the exception of thermal baths
In many places, the saunas were closed and the water temperature was reduced, but the basic services of the baths are always provided to the guests, and the temperature of...
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Nespresso unveils home-compostable coffee capsules in partnership with Huhtamaki
Nestlé’s Nespresso brand will pilot home-compostable coffee capsules on the Nespresso Original system in France and Switzerland from spring 2023 before further launches in several other European countries within a...
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Tax payment in foreign currency: a decision must be made within a few days
As of September 30, 2022, companies will have the first opportunity to pay their corporate tax obligations in euros or US dollars from the next tax year. The intention to...
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More people brewing beer at home as the cost of a pint rises
Online searches for “home brew” and “home brew shop” have risen by 77% over the year, new research has revealed, with pubs at risk of closure amid rising costs and...
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Lidl Unveils First Electric Car Charging Station In France
Lidl has unveiled its first ‘E-Station’ car charging terminal in France, at its store in Villefranche-sur-Saône end of November. The discounter teamed up with ABB E-mobility and Groupe DBT to...
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Vote for the most beautiful wooden house and the dearest seller of the Advent Fair in Debrecen!
The organizers encourage the visitors of the Advent fair to vote for the Christmas cottage they think is the most beautiful and for the nicest service! Debrecen Advent opens its...
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(HU) Lecsapott a rezsidémon: 3,7 milliós villanyszámlát kapott a népszerű vendéglátóhely
Sorry, this entry is only available in HU....
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When will the EU apple market breathe?
The apple market does not run smoothly. The EU apple harvest is higher than expected, but consumers are buying fewer apples and are generally more price conscious. However, according to...
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The GKI economic index has been falling for more than half a year now
The business confidence index decreased somewhat further in November after the big drop in October. On the other hand, consumer sentiment improved slightly, although it remained more gloomy than the...
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PENNY’s renewed Karcag logistics center operates with double the storage capacity
One of the leading retail store chains in our country has reached another huge milestone, as the development works of PENNY’s Karcag distribution center have been completed. Thanks to the...
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This year, there won’t be a more heartfelt Christmas advertisement on the domestic FMCG market
The style and story of Unicum’s short film is captivating in itself, but one of the main characters brings tears to every Hungarian’s eye. This year, on May 28, Péter...
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Generali: despite the unfolding crisis, 46% of Hungarian SMEs are actively engaged in sustainability
46% of Hungarian SMEs have already prepared their own sustainability action plan or plan to do so in the near future, due to inflation and the climate and energy crisis,...
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Black Friday set a record all over the world
Crisis here or there, according to Shopify data, $1.3 million was spent online every minute worldwide on Black Friday. By 6 p.m. ET (midnight Hungarian time), shoppers had spent $7.28...
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Few Hungarians are looking for sustainable packaging solutions
Hungarians are not completely aware of the concept of a circular economy, and they do not see where packaging materials can play a role in this. When buying, price is...
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You do not have to pay advertising tax next year either
In view of the current economic situation, the Hungarian Advertising Association, on behalf of the advertising and media industry, held negotiations with the government in the summer and early autumn,...
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