News and articles

Last year, PENNY helped with a donation of over HUF 600 million!

PENNY also had a busy year in 2022 in terms of donations. Our country’s leading retail store chain helped those who needed it the most with large-scale collection campaigns and...

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The fate of HUF 42 million depends on Tesco customers

This year, for the 12th time, it was possible to apply for support of local community-building activities within the framework of Tesco’s “You choose, we help” program. Out of the...

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Onions may get crazy expensive

At the beginning of January, the wholesale price of bagged onions increased, which could be a harbinger of further price increases. There are much less onions this year than at...

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HORECA-companies can also receive help to reduce their overhead costs

The previously announced HUF 150 billion Energy Cost and Investment Support Program is also available for tourism service providers. Based on this, companies interested in catering can also receive help...

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Debate on deforestation: Indonesia and Malaysia clash with “protectionist” EU over palm oil policy

Indonesia and Malaysia join forces against new EU regulation on deforestation. Two of the world’s top palm oil producers say the EU directive would reduce the amount of palm oil...

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Turkish-Hungarian relations can be strengthened in the food industry and tourism

Minister of Economic Development Márton Nagy received Turkish Minister of Industry and Technology Mustafa Varank in his office on Monday – the Ministry of Economic Development informed MTI about the...

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Fat bread is slowly becoming a real luxury: the price of both fat and bread has risen by 100 percent

Not only did the price of fat and bread increase drastically in one year, consumer prices were 24.5 percent higher in Hungary by December 2022 than in the same period...

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American peanuts: the formula for success

Peanuts are part of our lives not only in the form of snacks or peanut butter, but also as a source of protein, as they and their derivatives offer many...

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Hungarians don’t skimp on eating meat

People are willing to save on utilities, but only a few are willing to save on meat, according to a representative survey conducted by the Human-Environment Transaction Institute of ELTE...

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The increase in the price not only of food, but also of raw materials was much higher than in other EU countries

Inflation broke decade-long records in most European countries last year, a substantial part of which was caused by the increase in the price of food. And food inflation can largely...

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The Hungarian DS Smith won the Oscar of the packaging industry in two categories

The World Packaging Association awarded DS Smith in the e-commerce and shipping category for the packaging of an electric bicycle and an industrial outdoor lamp. The solutions of the forward-looking...

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According to a study, the majority of winter travelers do not go skiing

This winter, a tenth of Hungarians are planning a winter trip abroad, and skiers are in the minority compared to those choosing destinations with a warmer climate than their own;...

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Cocoa cultivation cannot be sustainable without systemic changes

CPGs are not doing enough to ensure that growers who supply the ingredient are paid fairly, argued the Voice Network’s biannual Cocoa Barometer report. In a report released last month,...

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Human bones are on display in this McDonald’s

There is a place where the fast food restaurant also has a real curiosity… The hills of Colli Albani, located near Rome, are best known for their settlements boasting traditional...

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The stakes are even higher in the 2023 program of Samsung and EdisonKids

Samsung and EdisonKids invite Hungarian youth to future planning and creative problem solving. The challenge, launched for the third time this year, is a unique opportunity for students to collaborate...

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One in five opting for non-alcoholic beers as drink of choice, Budweiser research finds

One in five (21%) of people would opt for non-alcoholic beer as their drink of choice at a social event, new research has found. According to a report from the...

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New checkout concept at Aldi Süd in Germany

Cash registers with double slides will make shopping in Aldi Süd stores more efficient and pleasant in the future. The concept has recently been tested in 30 stores in Germany...

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High egg prices have shoppers boiling

Eggs have recently made the headlines for both an acute shortage of the supermarket staple along with skyrocketing prices across the country. Egg prices rose more than 11% in December...

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These 40 products rose in price the most in Hungary

Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...

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Tamás Éder: Assistance to butcher shops is not a lasting solution

According to Tamás Édes, president of the Hungarian Meat Industry Association, it is a serious problem that the demand for meat has decreased due to inflation, while the costs of...

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Food inflation has never been as high as it is now

In Hungary, food prices rose at such a rate that we were included in the World Bank’s top 10 list. Our food real index is the fifth highest. Behind countries...

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Nestlé will create 250 new jobs in Bük with an investment of HUF 140 billion

With a HUF 140 billion capacity expansion investment, Nestlé Hungária Kft. will create 250 new jobs at its Büki site, Minister of Foreign Affairs and Trade Péter Szijjártó announced on...

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Inflation accelerated to 24.5%

Significantly below expectations, inflation jumped to 24.5% in December, which was primarily caused by the cancellation of official fuel prices, but the rise in food prices also continued to accelerate....

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Despite rising food prices, the German economy “held up well”

According to the first estimate of the German statistical office, the German economy grew slightly more than experts expected last year mainly due to the positive consequences of the catch-up...

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From Sunday, you can only pay in euros in Croatia

Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji...

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Buffet carts have raised the price of their products by an average of 30 percent in the past year

Businesses operating buffet carts typically purchase raw materials from small factories and primary producers, the prices of which have increased by 100-120 percent over the past year, and in response...

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This is how the rules on the inheritance of agricultural land changed

From January 1, 2023, new, special regulations came into force based on a law adopted in 2021. The new regulation, effective from January 1 of this year, applies only to...

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OTC products is a booming category

ültek még inkább előtérbe. A szegmens szárnyalása folyamatos, annak ellenére, hogy a szinte minden kategóriát érintő alapanyaghiány ezt a területet sem kímélte, ami főként a termékek csomagolásában hozott kisebb-nagyobb változásokat....

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The durable and transparent packaging is the winner – results on the soup paste dry pasta Product sample

We asked the reviewers during the soup paste dry pasta Product Sample how important they consider packaging and presentation when buying pasta, and also on what basis they choose the...

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Agro-Ferr Kft. increases its production with the help of support.

Agro-Ferr Kft. is increasing its production by about 10 percent this year, and plans to produce six million liters of milk by the end of the year. The family business...

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