News and articles
Continental is taking further steps towards sustainability – also in Hungary
In line with Continental’s sustainability ambitions, the ContiTech business sector belonging to the company group has taken the following steps in order to transform its own production facilities into environmentally...
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Slight improvement in the solvency of Hungarians due to lower inflation
According to research by Intrum and GKI, the small increase in Hungarian household solvency continued in the third quarter of 2023. This article is available for reading in Trade magazin...
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The process that defines the agricultural existence of Europe is the protest of German farmers
The process that will determine the future agricultural existence of Europe is the protest of the German farmers – said Minister of Agriculture István Nagy on Wednesday on the current...
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Hungarian corn producers received six billion forints in compensation
A total of HUF 5.9 billion in compensation payments were made by the end of last year to mitigate the losses of Hungarian farmers who suffered damage as a result...
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YouGov completes the acquisition of GfK’s Consumer Panel Services
YouGov plc the international market research and data analytics group, is pleased to announce the completion of its acquisition of the Consumer Panel Services of GfK GmbH. CPS GfK is...
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Auchan Retail Rolls Out Healthcare Service In Portugal
Auchan Retail Portugal is seeking to shake up the healthcare landscape with the launch of Auchan Cuida, a new service that it is hoping will simplify and democratise access to...
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Coca-Cola HBC To Set Up A Charitable Foundation
Bottler Coca-Cola HBC is setting up a new foundation that seeks to support communities in the areas where it operates. The Coca-Cola HBC Foundation will focus on ‘critical areas’ of...
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The Hungarian delicacy cucumber has no equal
Especially if it’s officially high quality! The time has come for the king of pickles, the pickled cucumber loved by many of us, to enter the ring for the KMÉ trademark....
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Moody’s: Central and Eastern European economies start the year with a stable outlook
Central and Eastern European economies will begin the year 2024 with a stable sovereign creditworthiness outlook, according to Moody’s Investors Service’s comprehensive assessment of the regional situation presented in London...
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Nincs mire felvágni
Az általános húspiaci helyzetet tükrözi vissza a párizsik és a felvágottak értékesítése: egy számjegyű volumencsökkenés, a diszkontok és a saját márkák előretörése, rúdáru-dominancia mellett a szeletelt variánsok népszerűsödése. Igaz, ez utóbbiban...
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Sugar is getting increasingly expensive
Due to the negative effects of climate change, the sugarcane harvest is decreasing worldwide, and a significant increase in sugar prices can be expected in the coming period. Several major...
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Flavored mineral water products are becoming more and more popular
The negative consequences of the economic fluctuations of the past period also affect the actors of the domestic mineral water industry. Due to runaway inflation and high energy prices, mineral...
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NGM economist: economic growth may exceed 4 percent this year
A balanced economic growth of over 4 percent can be achieved this year – said Gergely Suppan, the chief economist of the Ministry of National Economy (NGM) on Tuesday on...
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A new director at the head of the Mondelez factory in Székesfehérvár
From December 1, 2023, Dominik Bogusławski took over the management of the Mondelez factory in Székesfehérvár. The former director, László Pál, is leaving the head of the plant after six...
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The Hungarian McDonald’s network is expanding with Mobiliti electric chargers
Hungary’s two leading service providers, MVM Mobiliti Kft., a pioneer in electromobility, and Progress Étteremhárosal Kft., the operator of domestic McDonald’s restaurants, have entered into a cooperation agreement. According to...
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NGM: economic stimulus programs are launched
The war and sanctions caused significant damage to the economy, and the weak European economy and thus overall weaker demand contributed negatively to the development of industrial performance. According to...
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DS Smith has entered into an agreement on the purchase of the land and building serving as the site of its Győr plant
DS Smith, the market leader in sustainable packaging solutions, paper products and recycling services, announced today that it has entered into an agreement to purchase the land and building that...
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Budapest among the best destinations in the world
Condé Nast Traveler, one of the leading international travel media, ranked Budapest among the best travel destinations in the year-end recommendation. The prestigious recognition is also important because, in this...
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The plastic content of bottled water is many times higher than previously thought
Bottled water, which many choose as a healthy alternative, may contain up to 100 times more micro- and nanoplastics than previously thought, according to a new study. The results were...
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CSR Hungary has been rewarding responsible businesses and organisations for more than fifteen years
At the end of October, the 16th edition of the CSR Hungary Award – the Hungarian Business Responsibility Award – took place in the Gundel Palace, on the evening of...
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At CES 2024, Samsung will present its “WE for everyone” vision
Samsung unveiled its AI vision at CES® 2024, outlining how the technology will enable users to use their devices in a more intuitive and convenient way. Together with its key...
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Revolut’s terms and conditions are changing
Revolut, which is active in the field of digital financial services, has announced that it will introduce a number of changes to its personal contract terms from March 11, 2024....
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Szalmonellaveszély miatt tett közzé termékvisszahívást a Nébih
Szalmonella lehetséges jelenléte miatt visszahívta a forgalmazó az Alnatura és Bio Primo gojibogyóját (gojibeeren) – olvasható a Nemzeti Élelmiszerlánc-biztonsági Hivatal (Nébih) honlapján kedden közzétett felhívásban. A 100 grammos kiszerelésben kapható...
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LG World Premiere: the company presents artificial intelligence-based 2024 innovations and a new vision of the future
LG Electronics (LG) held a World Premiere press conference at the Mandalay Bay Convention Center in Las Vegas to introduce the company’s new vision and exhibition theme for CES 2024,...
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Asda becomes first supermarket to price matching Aldi and Lidl
Asda has become the first supermarket to price match both Aldi and Lidl across hundreds of everyday products. The supermarket is price matching the discounters on 287 comparable grocery products...
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Forrester predicts a new online boom
Forrester anticipates significant growth in online retail spending in the largest European countries in the coming years. The American research firm expects an average annual growth of 9.2 percent. Forrester...
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Barilla To Send Fusilli To Space
Barilla’s pasta will embark on a cosmic journey to the International Space Station (ISS) as part of a collaboration with the Ministry of Agriculture, Food Sovereignty and Forestry, the Italian...
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KSH: in November, retail turnover decreased by 5.4 percent compared to the same period of the previous year, while it increased by 0.8 percent compared to the previous month
In November 2023, the volume of retail sales decreased by 5.4 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data. The volume...
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Péter Virovácz: It is too early to talk about recovery
The Ministry of National Economy welcomed the new retail sales data, but experts warn of caution. Although the month-on-month increase appears to be a positive sign, the level of the...
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Growth in consumption will only come after that, encouraging signs are beginning to appear in the area of food consumption
There are several factors behind the decline in consumer behavior and retail sales in November. Due to the higher turnover period at the end of the year, Black Friday sales...
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