News and articles
Podravka takes over Fortenova’s food division
Croatia’s Podravka has agreed to acquire the food companies of the Fortenova Group. The deal is subject to approval by the Croatian competition authority and other regional regulators. The buyer...
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The Board of Directors of AKKO Invest does not recommend accepting the purchase offer for the company’s shares
AKKO Invest’s Board of Directors does not recommend its shareholders to accept the public takeover offer, since the goals of the bidder belonging to the WING Group are in line...
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Two hundred billion forints are available for agricultural development
From September 17, businesses can apply for two new calls worth a total of HUF 200 billion: HUF 150 billion is available for supporting the complex development of processing plants,...
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Amazon orders workers back to office five days a week
Amazon has scrapped its hybrid work policy, with staff forced to return to the office five days per week from January. Announcing the change in a memo to staff, the...
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Lidl makes non-food a priority
Lidl is strengthening its non-food supply chain. The discounter’s Tailwind Shipping line is launching its ninth ship in two years. Following the successful launch of the Parkside DIY brand, Lidl...
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The price of fodder wheat was 14 percent higher than last year
According to Tallage’s September information, the spot market price of 12.5 percent protein mill wheat in Germany (FOB Hamburg) increased by $29 to $295/ton between August 5 and September 9....
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Nestlé signs contract for first manufacturing facility in Saudi Arabia
Nestlé has signed up for a 117,000 sq m plot in Jeddah’s Third Industrial City. Nestlé is to build its first food factory in Saudi Arabia after signing a contract...
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Aldi Expands Organic Offering In Spain
German discounter Aldi has seen a significant increase in organic product sales in Spain over the past two years. One in five Aldi receipts now includes organic items, and the...
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Sustainable plant protection and food safety in Hungary
In a rapidly changing world, food safety is becoming increasingly important, the basis of which is plant protection. The EU currently operates one of the strictest plant protection product licensing...
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HiPP Fruit cups
HiPP is further expanding its baby food range with the launch of two new varieties in tub format: HiPP Peach in Apple and HiPP Banana in Apple. The products are...
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Hungarian Consumption Expected to Recover by 2025
The Hungarian economy has experienced a challenging period over the past few quarters, characterized by declining household consumption and investment. However, according to a recent report by the Equilibrium Institute,...
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Food prices in Hungary have doubled in six years
In the last six years, we have witnessed a drastic increase in food prices in Hungary, where prices have doubled, compared to the average price increase of 40 percent in...
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There is a lot of imported meat on Hungarian shelves
Serious changes can be observed in Hungary’s live cattle and pork market in 2024: while the import of live cattle increased, the export of beef showed a significant decrease. The...
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An autumn action plan is being prepared to support SMEs: automation and technological developments are the focus
Richárd Szabados, the newly appointed State Secretary of the Ministry of National Economy, announced that the programs of the autumn action plan aimed at the development of small and medium-sized...
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The food shopping habits of Hungarians have changed: price has become the main consideration
In the past period, the food purchasing habits of the Hungarian population have changed significantly, as the price of the products has become the most important decision factor. More than...
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Shopping tourism on the Slovak border: is it worth skipping?
In the northern counties, an increasingly common question is whether it is worth going shopping in Slovakia. Favorable prices, lower VAT and sales attract many Hungarian customers to Nagymegyer, Révkomárom...
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The effects of climate change are much more severe than we previously thought
This year’s summer and autumn broke heat records one after the other, and we all feel their harmful effects on our own skin. While in Hungary the drought has resulted...
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The maximum fine that can be imposed by the GVH has been seriously increased
The maximum fine that can be imposed by the GVH has been seriously increased – it was announced at the joint conference of the Hegymegi-Barakonyi and Fehérváry Baker & McKenzie...
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NGM: consumer protection was everywhere even in the summer
The Ministry responsible for consumer protection and the government offices under its professional supervision have been vigilant throughout the summer to protect Hungarian consumers – confirmed the Ministry of Economy...
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Lidl supports the Heim Pál National Pediatric Inzetez with a donation worth more than HUF 100 million
Hungary’s market-leading retail store chain has extended its five-year sponsorship cooperation with the Foundation for the Development of the Heim Pál Children’s Hospital. According to the new agreement, over the...
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HEINEKEN’s unique internship program is also starting in Hungary
HEINEKEN, known as one of the world’s leading beer producers, is relaunching its global program in a renewed form. The three-year Global Graduate Program – which focuses on commerce here...
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The goal is to make Lake Balaton not only a summer destination
Lake Balaton has been an iconic location for summer recreation in Hungary for decades. Beaches, festivals and summer sunshine attract tourists here year after year. However, when autumn comes, lakeside...
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The best Hungarian steakhouse made it to the American World Cup
Steak roasting is an even less well-known “sport” here, even though these competitions not only have a serious domestic tradition, but also have internationally recognized Hungarian representatives. The most recent...
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Profession.hu : This is why job seekers will be fed up with the hiring process
Looking for a job is a time-consuming task, in the previous quarter it took an average of 4 months to find a position, but it can take up to 10...
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The voters of Terézváros decided to ban short-term accommodation
The press department of the Terézvárosi Municipality announced early Monday that the majority of voters in the district voted in favor of banning short-term accommodation. The residents of the 6th...
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A rise in prices is expected on the potato market: Poland and Europe are also affected
Although potatoes were still relatively cheap in Poland at the beginning of September, based on market analyses, price increases are expected in the longer term, not only there, but throughout...
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The number of Hungarian tourists in Croatia continued to increase this year
Setting another record this year, the number of Hungarian tourists and their guest nights in Croatia continued to increase. By mid-September, 736,000 Hungarian travelers spent 3.7 million nights in the...
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NGM: Liszt Ferenc International Airport in top form
Liszt Ferenc International Airport is in top form, with passenger traffic increasing by nearly 20 percent and freight traffic by 50 percent until August, Máté Lóga, State Secretary responsible for...
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An autumn wine fair is organized on Dóm Square in Szeged
From Wednesday, more than a hundred wine producers are waiting for locals and tourists coming to the city at the gastronomic festival called Bor tér on Dóm tér in Szeged,...
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Corporate collections in the 21st century at home and abroad
On September 27, 2024, during the Budapest Contemporary Fair, domestic and international corporate collections and their operators will present themselves as part of a large-scale conference at Bálna Budapest. Experts...
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