News and articles
Thousands of people are already using BudapestGO’s new shopping features
BudapestGO’s new shopping functions have been available for two months now: the shopping cart function and the option to make purchases for other users. BKK’s developments that respond to customer...
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Pop Mart expects record profit thanks to viral dolls
Chinese toy manufacturer Pop Mart expects a profit increase of more than 350 percent for the first half of the year, the company announced, referring to the overwhelming success of...
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Hungary trusts AI
As artificial intelligence (AI) increasingly impacts everyday life around the world, the vast majority of Hungarians already know the basics of the technology and trust that companies will use data...
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Inside La Cocoș: ‘Buy More, Pay Less’ warehouse-style retail for brands only
The following store visit report offers a visual deep dive into the unique retail concept of La Cocoș: Romania’s fastest-growing hypermarket operator and recent acquisition target of Germany’s Schwarz Group....
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L’Oréal Agrees To Acquire Professional Haircare Brand Color Wow
Cosmetics giant L’Oréal has agreed to acquire haircare brand Color Wow as it seeks to strengthen its professional products portfolio. Color Wow, founded by Gail Federici in 2013, offers a...
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Tourism in Lake Balaton shows a mixed picture – yet there is reason for optimism
The tourist season at Lake Balaton did not start smoothly: the weather and the shortening booking times had a significant impact on the development of guest traffic. However, according to...
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ASP confirmed in domestic pigs in Croatia
African swine fever (ASF) has been confirmed in domestic pigs in the settlements of Jagodnjak and Bolman in Croatia, located near the Hungarian border. The outbreaks have significantly increased the...
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The Consumer Protection Authority blocked a website advertising fake fat-busting serums
Due to misleading names and information, the National Trade and Consumer Protection Authority (NKFH) has banned the distribution of Kalóriakirály dietary supplement products and obliged the domain service provider to...
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Aldi pledges to donate one million meals over summer
Aldi is doubling down on its charity initiatives by pledging to donate over one million meals to families in need over the summer holiday period. The discounter is teaming up...
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NAV: Tax inspectors found nearly three thousand fake perfumes in a Bulgarian truck
The tax inspectors found nearly three thousand fake perfumes in a Bulgarian truck on the M5 motorway, the National Tax and Customs Administration (NAV) told MTI on Wednesday. According to...
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HungaroControl: air traffic increased by about 10 percent in the first half of this year
Hungarian air traffic increased by about 10 percent in the first half of this year compared to the record year of 2024, while the busiest months of the year are...
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KSH: in May, the gross average salary was 702,800 forints, 7.8 percent higher than a year earlier
In May, the average gross salary of full-time employees was 702,800 forints, and the average net salary was 483,000 forints. The average gross salary was 7.8 percent, the average net...
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July storms: record number of claims reported to Generali Insurance in a short period of time
In recent years, we have been faced with extreme weather events and the damage caused by them more and more often. Between July 7 and 10, Generali Insurance received nearly...
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Four billion development at the Budapest site of 77 Elektronika Kft.
77 Elektronika Kft., a 100 percent domestically owned company that develops and manufactures medical diagnostic equipment, has reached another significant milestone. As part of the recently launched 4 billion forint...
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EM: domestic solar capacity exceeded 8 gigawatts in June
The total installed capacity of Hungarian solar power plants exceeded 8,000 megawatts last month; the rise of green energy also helped to keep the import share of electricity consumption below...
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AutoWallis publishes an excerpt from its 2024 sustainability report
The AutoWallis Group implemented significant energy efficiency projects in 2024 and has begun developing its transition plan to mitigate climate change. The region’s leading integrated car dealership and mobility service...
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Grape and fruit growers who suffered severe spring frost damage will receive extraordinary assistance
The spring frost, which came in several waves this year, caused severe damage to grape and fruit orchards across the country. The Ministry of Agriculture, based on the consultation with...
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KSH: industrial production decreased by 2.6 percent compared to a year earlier and by 1.3 percent compared to the previous month in May
In May 2025, the volume of industrial production fell by 2.6 percent from a year earlier. The index adjusted for working day effects is the same as the unadjusted one,...
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We are getting better at shopping
This May POPAI Magyarország held its annual meeting and the usual monthly gathering at an unusual venue: the SPAR Regnum Meat Processing Plant and Training Centre. This article is available...
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AutoWallis’ vehicle sales expanded in the first half of the year
Acquisitions were the main driver behind the 3.4 percent growth in AutoWallis Group vehicle sales in the first half of the year, which was hit by global challenges, after the...
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MOHU: 15 million daily record in redemptions
The number of plastic bottles, metal cans and glasses returned at vending machines reached 15 million on the Tuesday after the Whitsun long weekend, which is almost 30 percent more...
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K&H: how much have the costs of living increased – middle-aged Hungarians “confessed”
The pace of expenditure growth has slowed, but the vast majority of Hungarians are still experiencing an increase in the cost of everyday living, according to the second-quarter results of...
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The number of layoffs at companies increases after the summer holidays
As the summer holidays come to an end, many company managers are faced with the phenomenon that occurs every year, when employees start to lay off after a break. According...
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In Hungary, the number of hotel investments increased by 15% year-on-year
The hotel market in Budapest and Central and Eastern Europe is showing a dynamic recovery, exceeding all prior analyst expectations. This remarkable growth is driven by the resumption of tourism,...
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Are digital innovation regulations too strict?
The German Retail Federation (HDE) has called upon the new German government to push for innovation-friendly, pragmatic digital regulation in Brussels, as opposed to what it sees as an opaque...
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For a more professional cocktail experience
As part of POPAI Magyarország’s monthly meetings, in March members of the association and invited guests gathered in Lurdy Ház at the invitation of Coca-Cola HBC. This article is available...
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NAK President: Agriculture faces harsh attack from Brussels
Agriculture faces harsh attack from Brussels, the European Commission’s new package of proposals could destroy Hungarian agriculture – the president of the National Chamber of Agriculture (NAK) told MTI by...
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Hungary has made great progress in food self-sufficiency
The very serious crises of recent years have proven that food supply is a matter of national security, therefore, Hungary has learned its lessons and made great progress in terms...
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AM: Harvesting is underway nationwide, the country’s bread is assured
Thanks to the work and diligence of farmers, the country’s bread is assured, the autumn barley harvest has been completed, and more than half of the wheat has been stored...
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Czech farmers do not like the increased import of Ukrainian agricultural products into the European Union
The planned increased import of selected Ukrainian products into the European Union endangers Czech sugar production, the Czech Food Chamber pointed out in a statement on Tuesday. Czech food producers...
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