News and articles
Three new agency partners support McDonald’s digital marketing activities
The Hungarian McDonald’s has set itself the goal of building on the digital foundations laid in recent years to become a leading omnichannel brand that effectively connects the digital and...
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Péter Szijjártó: the Hungarian-Iranian agricultural cooperation agreement opens up new opportunities
The new agricultural cooperation agreement concluded between Hungary and Iran opens up new trade opportunities in the agricultural and food industry, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
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KSH: gross average earnings were HUF 655,600 in December 2023, 16.4 percent higher than a year earlier
In December 2023, the gross average salary of those employed full-time was HUF 655,600, and the net average salary calculated with allowances in mind was HUF 451,300. The gross average...
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Agrometeorology: the early development of vegetation may gain momentum again
The lower average temperature of the past week slightly restrained the premature, rapid development of vegetation, but it may gain momentum again due to the mild weather of the next...
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Italy’s Crai Targets €1b In Private-Label Turnover By 2028
Italian retail cooperative Crai plans to increase the turnover generated from its private-label ranges from almost €350 million to around €1 billion by 2028. The retailer plans to introduce the...
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Danone ‘to sell off operations in Russia’
Danone is reportedly intending to sell its operations in Russia to local dairy group Vamin Tatarstan. The reports have emerged a day before the French giant is due to release its...
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The farmers of the Visegrad countries demonstrated together
Czech, Slovak, Polish and Hungarian farmers held a joint demonstration. Organized by the National Chamber of Agriculture, the Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives, as well as the...
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Milk may become more expensive
Among the staple foods, the average price of milk is on the verge of further increase, having already shown a two percent increase in January 2024. According to a recent...
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Lidl UK looks for outside funding
The discounter wants to raise around 90 mn GBP from investors to build 12 new stores Lidl in the United Kingdom looks for new ways to finance its store network...
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The Body Shop is closing several stores
Popular beauty and cosmetic retail chain The Body Shop has filed for bankruptcy and is facing major restructuring. A significant number of its 198 stores in the UK will be...
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BNPL popularity rises among ‘financially fragile’ consumers
About 60% of that group used BNPL five or more times in the past year, compared to just over 20% of more stable consumers, the New York Fed said. “Financially...
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The price of farmland in Hungary fell for the first time in more than ten years last year
Last year, the rising trend of the land market, which had lasted for more than a decade and was around 10 percent per year, was broken. The average price of agricultural...
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We are consuming less and less pork
According to statistics, the consumption of pork by Hungarians shows a decreasing trend, although some dishes made from pork are still extremely popular. In a recent article, HelloVidék covered the...
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Quality products and extra discounts at Rossmann
Sometimes less is more. When it’s not about love, kisses and intimacy – it’s about prices. Would you like to spend less? There is no tragedy, you can always count...
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DODO is one of the most successful food suppliers in Europe
Despite the downturn in e-commerce, DODO achieved the highest financial turnover in its history with more than 63 million euros and became one of Europe’s most employed suppliers in the...
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They celebrate 170 years of beer production in Köbány with an animated film
In 1854, the first brewery in Kőbánya began operating. Dreher Sörgyárak celebrates the 170th anniversary of its founding and the continuous production since then with a series of programs, which...
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The new and the old: NIS2 and GDPR in corporate information security
If you had to name a law that was created specifically for the protection of information in the European Union, almost without exception, GDPR would be the first thing that...
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New Coca-Cola Creations appeal to K-Pop fans
Coca-Cola today unveiled Coca-Cola Creations’ latest beverage, Coca-Cola K-Wave Zero, which offers limited-edition flavors and experiences for K-Pop fans. The new Creations focuses on the growing popularity and audience of...
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A Hungarian expert was added to the WINA jury
Lounge Group’s creative director Péter Radovics also takes a seat in the hundred-person international jury. WINA, the World Independent Advertising Awards, will hold its prestigious international award ceremony in Monterrey,...
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Bobcats Coding has compiled an AI innovation manual for corporate decision makers
Bobcats Coding AI has created an innovation guide for corporate decision-makers that provides an overview of the rapid rise of artificial intelligence in the investment market, as well as tangible...
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On February 29, the III. REL EXPO, the short food supply chain conference and exhibition
The Short Food Supply Chain Expo and Conference will soon reopen in the main organization of the Kislépték Association and in the co-organization of the National Chamber of Agriculture and...
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Bahrain’s Formula 1 is moving on to Hungarian Festipay
The host of the season-opening Formula 1 race, the Bahrain International Circuit (BIC), announced in a press release issued today that they will switch to a cashless payment system with...
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Organic farmers enjoy an advantage in the distribution of HUF 2,900 billion intended for Hungarian agriculture
The social consultation before the call for tenders for rural development and agriculture has begun, so one detail may still change, but it is already clear that, in total, about...
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There is a lack of financial awareness among the youngest customers
Financial awareness can only be said of a narrow group of 14-18 year olds. In addition, every second young person thinks that they still have time to deal with their...
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The land sale program continues
More than 1,300 pieces of state-owned land with an area of less than 10 hectares will be offered for sale through a public tender in the land sale program, which...
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Discount Retailer Pepco To Quit Austrian Market
European discount retailer Pepco Group has said it will exit the Austrian market, saying it does not expect appropriate returns in the country. “The Group has today concluded that it...
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Heineken launches Birra Moretti with a hint of salt
Heineken has introduced Birra Moretti Sale di Mare, which is essentially unfiltered Birra Moretti lager, but “with a hint of sea salt”. The 4.8% ABV unfiltered lager is rolling out...
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The pre-tax profit of social farms increased significantly in 2022
The Test Factory Information System monitors the property, financial and income situation of Hungarian commodity-producing agricultural enterprises year after year. The analysis using data from 2022 includes 2,109 sample plants....
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FMI: 70% of food companies have health and nutrition strategies
As links between food choices and preventive medicine grow stronger, companies are hiring more medical professionals and looking into emerging trends like medically tailored meals. Grocery stores have grown into...
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Aldi Nord consolidates logistics and sales structures
After years of cost savings the discounter eyes international expansion push Aldi Nord in Germany wants to further simplify its sales structures and optimize the supply of its stores. By...
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