News and articles
Széles körű ESG beruházási programot valósít meg a Nádudvari
Átfogó környezettudatos fejlesztési programot valósít meg az idén a Nádudvari Élelmiszer Kft. Decemberben fejeződik be az a 650 millió forintos zöldfejlesztési program, amelynek költségeit saját, illetve állami forrásokból, valamint az OTP...
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The producer price of broiler chickens decreased by 18 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to almost 180,000 tons between January and October 2023 compared to the same period of the...
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Aldi removes plastic shopping bags, pivots to natural refrigerants
Starting this year, the grocer plans to buy environmentally friendly refrigerants for all of its new and remodeled locations and swap in ones with low global warming potential at existing stores. Aldi...
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Wizz Air restarts its flight between Budapest and Tel Aviv
Wizz Air will restart its flights between Budapest and Tel Aviv in March, the airline announced on Wednesday. In the announcement sent to MTI, it is explained that from March...
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Nestlé Vietnam, 100 million dollars to expand coffee production
The investment will increase the production capacity of the Tri An plant, southern province of Đồng Nai “Strategic” investment for Nestlé Vietnam which has decided to allocate 100 million dollars...
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Szallas.hu: the average booking price increased by 17 percent last year
According to data from Szallas.hu, the average booking price per person in 2023 was HUF 13,000 per night, which represents a 17 percent increase compared to 2022. Balaton was the...
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Business Diaries can be uploaded until February 15, 2024
The Ministry of Agriculture has extended the deadline for the electronic upload of the Farm Diaries by two weeks, until February 15, 2024. The decision is based on the fact...
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Bulgur was recalled due to the mycotoxin content exceeding the limit value
Due to the mycotoxin (deoxynivalenol, DON) content exceeding the limit value, Bio Fair Trade Kft. has recalled the one-kilogram Nett Food Bulgur product from the market – announced the National...
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Shift to modern grocery consumption slows down
Spending in modern grocery, including the online channel, slowed down in the fastest-growing markets as the growth of modern grocery networks “failed to keep pace” with other channels amidst the...
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The Nutriversum brand gains even more vitality with the SAP Emarsys marketing automation system
Nutriversum has become a dominant brand in the nutritional supplements market entirely on its own in just 10 years. The brand’s greatest strength is the loyal customer base, the short...
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The burdens of operators dealing with animal by-products have been eased
In line with the government’s deregulation efforts aimed at reducing administrative burdens, Regulation 45/2012 on animal by-products was amended from January 1, 2024.(V. 8.) VM decree. In the future, it...
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Work Force Kft. increased its sales by about 50 percent last year
Work Force Kft. closed in 2023 with a sales revenue of around HUF 25 billion, which is an increase of about 50 percent compared to 2022 – the company dealing...
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The ESG Act affects domestic companies widely
The domestic ESG law, effective from January 1, 2024, will have a great impact on the life of domestic businesses. Those who act on time can gain an advantage, those...
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Vegetables without packaging play a leading role
In the spirit of the fight against food waste and plastic waste, changes are expected on the shelves of grocery stores in the United Kingdom. According to the plans of...
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K&H: middle-aged Hungarians are less afraid of inflation
For the time being, Hungarians do not expect a significant decrease in inflation, but the situation has improved to the extent that, compared to 87 percent at the beginning of...
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There could be a serious shortage of goods in Europe because of the Houthi terrorists in Yemen
The tensions in the Red Sea region and the ship attacks carried out by Houthi terrorists in Yemen can have a serious impact on the FMCG market. Keeping seafarers on...
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Fidelity: What will drive ESG development in 2024?
Systemic care, in which investors cooperate with a wide range of stakeholders to implement sustainability tasks, will be one of the main drivers of the ESG agenda in 2024. Fidelity’s...
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Olive oil is brutally expensive
The Spanish olive oil industry is in deep crisis, and producers describe the situation as dramatic. In the last three years, the price of Spanish olive oil has increased by...
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The winners of Tesco’s game can shop for free in a total value of more than HUF 60 million
Tesco is starting the year with a large-scale raffle, during which shopping vouchers worth more than HUF 60 million will be drawn among a total of 4,205 winners. The five...
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Rossmann is starting an investment of 20 billion in Hungary
Rossmann is planning for the long term in Hungary, by the end of 2025 they plan to hand over a 28,000 square meter logistics center, which will be complemented by...
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Nyugati tér McDonald’s will close on the evening of January 16
As the last stop of its restaurant transformation program, the Hungarian McDonald’s plans to close Meki® on Nyugati tér, which has been chosen as one of the most beautiful McDonald’s...
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EU Commissioner: new regulations will guarantee the authenticity of the green labeling of products
The European Union is introducing new regulations that will make the green labeling of products more genuine and credible, and will also provide more reliable foundations for the green transition,...
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GLS Hungary further expanded it to “GLS XXL” service
GLS Hungary introduced its “GLS XXL” service in April 2023, with which the company not only provides a solution for its clients in the delivery of postal packages, but also...
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Packeta is about to have a new owner
CVC Capital Partners, an international fund manager, and Emma Capital, a Czech private investment holding company, will jointly acquire the parcel delivery company Packeta, founded in 2010, according to the...
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The 4-year-old Kifli.hu delivers free fruit to kindergartens
Kifli.hu celebrates its fourth birthday with a touching gesture: it offers free fruit and vegetable packages to the kindergartens operating in its delivery areas during the week of January 15....
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IKEA has reduced prices
According to the head of the company, this is not the year to optimize profits. According to a Reuters report, IKEA is still sticking to the price cut. The furniture...
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Travel agencies are expecting another record year
The general meeting of the Association of Hungarian Travel Agencies (MUISZ) began in this year’s destination, Rász el-Haima, with nearly sixty participants. The invited guests could listen to a meaningful...
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Green statements in communication, such is the domestic situation in the field of greenwashing
Consumers’ purchasing decisions are increasingly influenced, but the real content of green claims and environmental labels still needs to be interpreted. The Economic Competition Authority would force companies to communicate...
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In 2024, cyber security incidents will pose the biggest business risk around the world
According to Allianz’s Risk Barometer, cybersecurity incidents such as ransomware attacks, data security breaches and IT disruptions will be the top business risk for companies around the world in 2024....
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K&H: large domestic companies fear recession
As the year draws to a close, firms are clearly losing momentum. K&H’s large company growth index measures the expectations of Hungarian firms with annual sales above HUF 2bn for...
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