News and articles

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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Open letter: The National Chamber of Agricultural Economics stands by the German farmers and agrees with their legitimate demands!

The coalition led by Olaf Scholz wants to reduce what they call “climate-damaging subsidies” by around three billion euros in 2024, sending a declaration of war to the farming community...

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Netto aims for a leading position in autonomos shopping in Germany

Grocery retailer Netto opened its first German store in Regensburg at the beginning of January, where customers can use the Pick&Go service without registration and check-in. The store is also...

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The producer price of slaughter cows decreased the most

According to AKI’s slaughter statistics data, the slaughter of cattle in January-November 2023, expressed in live weight, decreased by almost 10 percent compared to the same period of the previous...

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UK sales of authentic Spanish chorizo soar

The Consorcio del Chorizo Español – a group of Spanish producers who make the popular meat according to established ingredients and production methods – has been running a trade and...

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Sofidel Acquires A Paper Mill In The US

European tissue paper maker Sofidel has acquired a paper mill from ST Paper, a Minnesota-based company, for an undisclosed sum. The facility has a production capacity of 65 thousand metric...

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Last year, AutoWallis’ vehicle sales increased by more than 40 percent, a record

Last year, the AutoWallis Group sold 44,909 vehicles in the first three quarters of the year, which is a 43.5 percent increase compared to 2022, the company informed MTI on...

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István Nagy: agricultural subsidies are also guaranteed in 2024

Agricultural subsidies are also guaranteed for 2024, the budget will add HUF 650 billion to the rural development resources, said the Minister of Agriculture at his annual press conference in...

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Új egyensúlyi állapotot keres a hazai pulykaszektor

A Magyar Pulykaszövetség a karácsonyi időszakot felkészülve várja, és bízik abban, hogy a fogyasztók számára továbbra is értéket jelent a magyar eredet jelentette biztonság és minőség. A pulykaágazat (is) számos kihívással...

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The recycling of a type of waste that has been buried so far is solved

Hamburger Recycling Hungary Kft. is putting a unique machine line into operation in Hungary. The technology opens up the possibility of recycling the industrial strapping tapes that are massively used...

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Record-level SZÉP card top-ups: HUF 83 billion in December

SZÉP cards increased by record amounts in December, as people loaded them beyond the annual limit. The December total of HUF 83 billion was 58% higher than in the same...

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StarStore – Év Kereskedője 2023: Átadtuk a díjakat

A Trade magazin idén már 9. alkalommal hívta versenyezni a Magyarországon bejegyzett székhellyel rendelkező értékesítési pontokat és üzletláncokat. A rangos verseny díjátadására a szakma legnagyobb konferenciájának, a Business Daysnek gálavacsoráján került...

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In Slovakia, the annual inflation was 10.5 percent last year

In Slovakia, the annual average inflation was 10.5 percent in 2023, with food prices rising most significantly, by an average of 17.5 percent, according to the data of the Slovak...

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WOLT CEO: you can earn a lot of money as a courier with a lot of work

Orsolya Hartyányi, the new executive director of WOLT appointed in the fall of 2023, gave an interview to Pénzcentrum, where she touched on several important topics: the European case of...

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Danone Hungary has obtained one of the world’s most significant social sustainability certifications

All countries of Danone’s Eastern-Central European region, i.e. in addition to Hungary, the company’s business units in Romania, Bulgaria, the Czech Republic and Slovakia were awarded the B Corp™ certification....

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Brussels must act now to protect European farmers

In a joint letter, the agriculture ministers of the bordering member states once again call on the European Commission to act so that Brussels can find a solution and help...

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MÁOK and Nébih warn about the importance of protection against rabies

 Since the beginning of the year, investigations by the National Food Chain Safety Office (Nébih) have confirmed rabies infection in dogs and golden jackals. Due to the new infections detected...

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The Hungarians won six world awards at the 2024 WorldStar

435 applications were received from 41 countries for the 2024 World Competition of the World Packaging Association, and 214 entries from 37 countries earned the WorldStar award, which can be...

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PwC paves the way for AI technology with the launch of Harvey legal artificial intelligence

PwC’s global network announced cooperation with Harvey in March 2023, and PwC’s member companies have already started using the tool in their local businesses. The global strategic alliance established between...

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The hybrid is coming to an end, but resilience will remain with us – What are the expected training and development trends in 2024?

Like last year, the team at [eureka] Consulting & Games has launched its training and development questionnaire to give us a better insight into what challenges companies face in this...

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In January, GKI’s consumer confidence index rose to a two-year high

According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in January, the public’s expectations improved significantly compared to December, so the consumer...

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iBanFirst foreign exchange market outlook: Euro, dollar and forint forecast for the first quarter of 2024

Entering the year 2024, the economic dynamics will create new trends in the foreign exchange market, which will also present new opportunities and challenges for foreign exchange traders. With its...

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