News and articles
The market builds community
It is important to preserve our Hungarian culture in Hungary, and going to the market is also an integral part of Hungarian culture – declared Dr. Márton Nobilis, the State...
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The United Nations Industrial Development Organization and Huawei are establishing an artificial intelligence alliance
Sorry, this entry is only available in HU....
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FBAMSZ: online travel insurances became more expensive by 7 percent
The price of online travel insurances concluded at the end of May has risen by 7 percent compared to the same period last year – the Hungarian Association of Independent...
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(HU) XIXO Tutti Fruity Cactus
A new product in the XIXO Tutti Fruity range: Cactus takes us straight to the tropics. It has a style like no other, 5 types of vitamin B, it is...
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Food prices continue to rise due to the EPR
Food prices could increase by up to 4 percent due to the introduction of extended producer responsibility and the new industry burden for packaging materials. Starting from July 1st, in...
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Hungarian-owned retail chains: growing gap between Budapest and the rest of the country
This article is available for reading in Trade magazin 2023/6-7. Growing gap between Budapest and the country Andreas Christou, managing director of RetailZoom gave a presentation on the market...
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This is how we can pay taxes in 2024: a summary of the package of proposals amending next year’s tax laws
On June 6, the Government submitted to the Parliament (No. T/4243) the bill containing the latest tax package (“Proposal”), the main points of which are described in this newsletter. Changes...
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300 new products will be significantly cheaper at Tesco
On June 16, more than 300 new products will be hit by Tesco’s yellow arrow, which indicates the reduced selection. The department store chain has redesigned its discount product list...
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Violife offers vegan alternatives with a diverse portfolio
In May Violife appears on the shelves of Hungarian stores with a wide range of plant-based, dairy-, gluten- and preservative-free products. This article is available for reading in Trade magazin...
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A platform for direct dialogue between representatives of the Government and Budapest’s large companies has been launched
The Budapest Chamber of Commerce and Industry (BKIK) has created a business platform called the BKIK Corporate Club, which creates an opportunity for the managers of large Budapest companies to...
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The payment of subsidies to butcher shops has started
The Ministry of Agriculture, which entrusted the Herman Ottó Institute with the payment of the subsidy, has started. The success of the tender announced in February is proven by the...
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Kantar published the list of the most valuable brands of 2023
More measurable efficiency, significantly improved financing and investment opportunities, and in the event of a company acquisition, the achievement of even a multiple mark-up – among other things, these are...
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Domestic companies are actively recruiting again for the third quarter
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What makes hot dogs high-quality?
It is rare to meet an adult who has never made a hot dog before. Moreover, we risk that there may be few of them among teenagers. It’s no accident,...
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We get upset if there are spelling mistakes on a webshop
It is more important for us to judge a webshop whether it has spelling mistakes than whether the return and refund option is clearly indicated – the data of Shoptet’s...
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K&H: There is a big gap between inflation and the financial expectations of SMEs
After the slight improvement in the previous quarter, businesses are again expecting a smaller increase in sales and profits: an average increase of 8 percent in revenue and 3.3 percent...
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New mobile app at Rossmann
Rossmann has raised the users’ online shopping experience to a new level: the drug store network’s mobile application has been renewed in both design and content. The changes have improved...
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Sustainability efforts can only be achieved through joint action
Sustainability is a horizontal issue, in connection with which all relevant actors must do their best to make effective progress – stressed Dr. Beáta Felkai, Deputy Secretary of State responsible...
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The shine of Michelin stars on the healthy product developed in Hungary
The International Taste Institute in Brussels recognized the Hungarian fiber drink with another Superior Taste Award, i.e. the grand prize for outstanding taste. The domestically developed activated FiberShake, which supports...
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Workplace productivity can drop by as much as 20% in good weather
Colleagues leaving sooner, postponed decisions, delayed projects and halved work force due to vacations. Familiar? It’s all a phenomenon that businesses face during the summer season, and many people accept...
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Tibor Navracsics: tourism development can be really effective with a regional approach
Tourism development can be really effective with a regional approach, in the future we must consciously develop the regions that cross county borders and have their own identity, including the...
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The world’s best restaurants: the list of the second fifty of The World’s 50 Best Restaurants has been announced
The 51st to 100th places of this year’s extended ranking of The World’s 50 Best Restaurants have been published. The award ceremony of the prestigious international initiative, implemented with the...
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This is how Hungarian motorists fill up: 16 million hot dogs and 5.6 million liters of coffee were sold at MOL
The Budapest-London distance would be twice as long if the hot dogs bought in the MOL network were placed next to each other, and in June, so many “Rossi’s favorite”...
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PepsiCo soon to complete EUR 127m investment project in Cork
According to IDA Ireland, PepsiCo is nearing completion with its EUR 127m investment project at its Little Island factory in Cork county. The initiative will create additional manufacturing capacity and...
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The 4th Lake Tisza PET Cup starts this weekend
The 4th PET Cup on Lake Tisza starts this weekend: during the environmental protection program this year, between June 17 and 20, the wildlife will be cleaned from Tiszafüred to...
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The best of business tourism were also awarded this year
This year, the Business Excellence award was presented to the best service providers in business tourism for the 13th time – Business Traveler Hungary magazine, which founded the award, told...
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Young people keep the spirits up in the world’s most pessimistic country
Even in a global context, Hungarians see their own financial situation and the fate of the country’s economy the most pessimistically, according to the Hungarian data published for the first...
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Red berries: cooling, refreshing flavors for warm summer days
On this year’s Fruit and Vegetable Day, the focus is on red berries, which include many summer fruits: currants, raspberries, blueberries and blackberries, and their different types. Berries are generally...
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Ahold Delhaize reaches half a billion from ad revenue
Revenues from retail media are helping Ahold Delhaize keep prices low, CEO Frans Muller has revealed. The retailer has is “almost half-way” of its target of one billion euros in...
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Danone boss calls for higher taxes on unhealthy foods to tackle obesity crisis
The boss of Danone is calling on government ministers to introduce higher taxes on products that are high in fat, salt and sugar to help tackle the obesity crisis. According...
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