News and articles
Burger King is allocating $300 million to modernize its restaurants
Burger King and its parent company, Restaurant Brands International, announced an additional investment of $300 million to continue modernizing its U.S. restaurants. This is part of a broader $2 billion...
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Márton Nagy: the future belongs to medical tourism and health tourism
There is great potential in Hévíz, not only because of tourism, which accounts for a tenth of the country’s GDP, but also because the future belongs to medical tourism and...
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Foreign tourists don’t often go anywhere else outside of Budapest
March showed a significant increase in Hungarian tourism statistics, mainly due to the early occurrence of the Easter long weekend. Total guest numbers and overnight stays at tourism accommodations saw...
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By the second half of April, Hungarian strawberries are competitively priced with imports
In mid-March, the price of Greek imported strawberries was around HUF 2,000 per kilogram in Budapest markets, while Hungarian-grown strawberries could cost up to HUF 8,000 per kilogram. The Hungarian...
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The Hungarian government, Yettel Magyarország Zrt. and CETIN Hungary Zrt. have concluded a cooperation agreement.
Cooperation for the development of digitalization in Hungary was confirmed in a joint statement by the government, Yettel Magyarország Zrt. and the telecommunications infrastructure provider CETIN Hungary Zrt. According to...
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Our domestic wildlife is our unique national treasure
Preservation of our created world is our common duty, and the order of nature cannot be broken, which is why responsible and conscious wildlife management plays an extremely important role...
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Mol Vagyonkezelő Kft. and Trevelin Holding Zrt. acquired 15 percent of Waberer’s
Mol Vagyonkezelő Kft., owned by Trevelin Holding and Mol, bought a 15 percent package of shares in Waberer’s International Nyrt., Waberer’s announced on the stock exchange’s website on Monday. They...
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You need to know this about vitamins
Recent studies suggest that the effectiveness of dietary supplements can be enhanced by considering the ideal time of consumption. Experts recommend taking vitamin C in the morning to avoid sleep...
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Gluten-free – new flavours, new possibilities
The once limited choice of gluten-free products has now expanded to a large and diverse selection, including breads, pastas, snacks, cakes and many other foods that were previously difficult to...
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Iced coffee quickly bounced back
The drop in iced coffee sales had already been noticeable in the last 4 months of 2022, and the trends continued for the better part of 2023. This article is...
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Morrisons eggs certified as carbon-neutral
Morrisons has obtained the Better For Our Planet carbon-neutral certification for its egg from the British Standards Institution (BSI). The product has been awarded the BSI Kitemark certification following rigorous...
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1664 Blanc in news packaging
The uniqueness of 1664 Blanc lies in its balanced and fresh fruity-spicy flavour, dominated by exotic citrus fruits with slight peach-coriander notes. This freshness is complemented by the mildly bitter...
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AutoWallis appoints a vice president of international business development to support regional expansion
The AutoWallis Group is further increasing its regional expansion after appointing Andrew Prest, who until now was the head of the Wholesale Business Division, as its vice president responsible for...
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The producer price of wheat is 21 percent lower than a year ago
According to Tallage’s information in April, the spot market price of 12.5 percent protein milling wheat in Germany (FOB Hamburg) increased by $23 to $264/ton between March 6 and April...
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There are many old people and few women in domestic agriculture
A third of agricultural managers are already 65 years old or older, and only 3 out of 10 are women. The age group is getting older, and the gender ratio...
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Edeka builds a recyclable supermarket
Germany’s leading supermarket chain Edeka is building a new store in Braunschweig using the sustainable “Triqbriq wood construction system”. This is the first time this system has been used in...
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NRF: Mother’s Day spending estimated to reach $33.5 billion
According to new survey data from the National Retail Federation (NRF) and Prosper insights & Analytics, consumers are expected to spend $33.5 billion on the holiday, which falls on May...
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Beekeeping is one of the most important branches of agriculture
Honey can be imported, but pollination cannot, which is why it is necessary to support the activities of beekeepers by all means and stop the flow of artificial honey from...
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Mondelēz seeks to work with tech startups focused on ingredients, packaging and sustainability
The snacking giant said the companies it partners with as part of its incubator program will provide early access to new capabilities to develop breakthrough products and platforms. Mondelēz International’s...
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More than 60 percent of the planned sowing work has already been completed
According to operational reports assessing the state of agricultural work, the planned sowing area for spring-sown field crops in 2024 will be around 1.9 million hectares. Farmers completed 63.7 percent...
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Reacty Digital research: Shrinking products, growing information
In Hungary, starting from March 1, 2024, larger food retailers will be required to provide attention-grabbing information to customers if the packaging of the prepackaged products they offer has decreased...
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Chocolate brands are still standing
Last year high inflation and rising raw materials prices, especially for cocoa and sugar, affected the chocolate category and forced manufacturers to take steps: almost every market player increased prices....
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Challenges ahead in 2024 for the Hungarian food industry
2024 is shaping up to be another challenging year for Hungary’s food industry, according to András Benkő, Director of Commerce and Marketing at Kaiser Food. He noted that low consumer...
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Spar closed last year with a turnover of over one thousand billion forints
Spar Hungary achieved a turnover of HUF 1,023.2 billion last year, which represents an increase of almost 16 percent compared to 2022. The company opened five new stores and modernized...
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Slower Growth at Hell Energy, but stable export and strengthening EBITDA
Hell Energy Magyarország Kft. has reported a revenue increase for 2023, though the growth rate has slowed considerably compared to previous years. Revenue rose from 150 billion HUF in 2022...
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PENNY and Munch’s food rescue initiative is a success
Since February 2024, Munch surprise packages have been available in PENNY stores across Hungary, saving over 70,000 food packages from waste, nearly doubling the results of the collaboration over the...
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Product sizes are not always reduced due to inflation
In recent years, customers may have noticed something about some of their favorite products, like Pampers diapers or Always feminine hygiene products: they’ve gotten smaller. However, this reduction in size...
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GKI article in the EU: 20 years of change
Are we falling behind the Visegrád countries, or are we on the way? Has Romania really overtaken us? On May 1, we will celebrate the 20th anniversary of our accession...
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Exotic meat market in Hungary: we also sell kangaroo meat and crocodile tail
In Hungary, interest in exotic meats is on the rise, available at high prices and under special conditions. With the barbecue season approaching, it’s useful to explore the options for...
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They can spice up grilling!
The careful choice of dressings, sauces and seasonings is a key factor in the success of a barbecue. Last year’s record inflation set back volume sales in all categories, but...
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