News and articles
Hungarian food industry companies presented themselves in Spain
Hungarian food industry companies presented themselves in Spain at the first two targeted business development meetings of the Hungarian Food Business Program of the Agrármarketing Centrum (AMC), AMC told MTI...
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The European Parliament has decided: new rules for sustainability reports
The new directive will standardize companies’ sustainability reporting from 2024, so that financial companies, investors and the wider public can access comparable and reliable information about what organizations are doing...
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The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion factory hall development
The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion investment in its tobacco factory in Sátoraljaújhely by handing over the new tobacco preparation hall and modernizing...
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Epson: no more laser printers!
The company will completely stop the global sales and distribution of laser printers by 2026. The company justifies the decision by saying that the use of inkjet printers represents a...
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3 billion HUF per year is allocated to the implementation of the national wine marketing strategy
The government will provide HUF 3 billion per year for the implementation of the soon-to-be-completed national wine marketing strategy – the government commissioner responsible for national wine marketing announced on...
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The beekeeping industry receives more than 42 million euros in support
The Ministry of Agriculture (AM) highly values the work of Hungarian beekeepers, which is reflected in the fact that we intend to support the development of the sector with a...
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Food inflation in Ukraine will soon reach 40 percent, but there is no shortage of products
Apart from a few weeks, in the last ten months, it was not typical that the shelves of the stores were completely empty in Ukraine. People’s wallets were all the...
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5,500 HUF – that’s how much a beer costs at the World Cup in Qatar
After the Qatari royal family bypassed FIFA and unexpectedly banned alcohol a few days before the soccer World Cup, the fans, in addition to the main sponsor Budweiser, became very...
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Domestic hospitality was not in such a big trouble due to covid – will the tourist rescue operation help?
The sector is under such an all-out fire that people living today have simply never experienced. Now everyone is calculating, but it is clear that the key factor in this...
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The National Association of Entrepreneurs and Employers was also present at B20
Patrik Kovács, Co-President of VOSZ (National Association of Entrepreneurs and Employers), led the business delegation of the OECD at the G20 business summit, the B20. At the event held in...
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This is what will be especially expensive now in Hungarian stores
The price of large household appliances (refrigerators, gas stoves, washing machines) has increased significantly, so those who want to replace them with more modern and energy-efficient ones because of the...
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Erste Bank Hungary will take over the customers of Commerzbank Zrt
Erste Bank Hungary will take over the customers of Commerzbank Zrt. on December 1st. Due to the takeover, the financial institution’s services will be available to a limited extent at...
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The Children’s Nutrition Foundation also joined the Giving Tuesday 2022 movement
The Children’s Nutrition Foundation (GYEA) also joined the Giving Tuesday 2022 movement. #AdakózóKedd, internationally known as #GivingTuesday, is a globally spreading movement that aims to be a day when everything...
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By the middle of next year, the proportion of non-performing corporate loans may even double
The drastic deterioration of economic conditions will be reflected in the drastic deterioration of corporate loans within a few quarters. According to the estimate of Moore Hungary’s financial consulting business,...
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K&H: Refinanced loans drive the economy
In the highly changing economic environment, state-supported corporate loans with preferential interest rates play a major role in the financing of companies. K&H actively participates in this, so last year...
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According to the Romanian Statistical Office, the price of meat products has increased, according to producers, it has decreased
There is no agreement between researchers and manufacturers. In Romania, in the first half of 2022, 16 percent more cold cuts were sold than in the same period last year,...
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World Tourism Market: these are the new trends in tourism
After the pandemic, international tourism is starting to recover, thousands of representatives of the profession were present at the International Travel Exhibition in London. “Millennials are slowly becoming the top...
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Upside Foods gets FDA greenlight for cultivated chicken
Cultivated meat maker Upside Foods received approval from the FDA for its chicken grown from animal cells. This is the first regulatory approval for any cultivated meat in the U.S....
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The British supermarket chain’s Christmas ad caused an outrage
British supermarket chain Waitrose’s Christmas ad featured tanned skin as an ideal, which the skin cancer charity Melanoma UK didn’t like very much. The Christmas short film was titled It’s...
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Tesco rebrands ‘reduced to clear’ aisle
Big 4 grocer Tesco is rebranding its “reduced to clear” section allowing better visibility for customers looking to save money on items As rising food bills push inflation to the...
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Nestlé Inaugurates New Research And Development Centre In Chile
Food giant Nestlé has inaugurated a new research and development centre in Santiago, Chile, as it seeks to focus on consumers in Latin America. The company hopes to develop nutritious,...
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The Belgian Baker Skills competition has a Hungarian silver medalist
A young Hungarian baker, Zita Skultéti, won second place in the Baker Skills competition organized on Startech’s day in Belgium. As part of the World Skills series, 61 international skills...
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Pessimistic hospitality businesses
At Trade magazin’s Business Days 2022 conference Gábor Tolnai, head of Kantar Hoffmann’s marketing insight division, presented the results of a HoReCa survey, which they had done with the participation...
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That is why it is worth giving up smoking
The full results of the research, published in the journal Internal and Emergency Medicine, followed the positive changes shown in the three- and six-month reports. The observed improvements were sustained...
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Ipsos: Completely new opportunities have appeared in the field of product testing
The Ipsos article shows how combining behavioral science with product testing can lead to a better understanding and use of test results, and how this can lead to new, innovative...
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Hungary is in the lead: this is how food prices in Central Europe have risen
Eurostat’s fresh statistics, specifically just for food inflation, have come out, the first places of which have not changed significantly for months. This was also the case in October, the...
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Street food stands its ground in spite of the energy crisis
The increased labor and raw material costs, as well as the skyrocketing energy prices, challenged the hospitality industry again this year. As a result of the market situation, prices increased...
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Despite the crisis, luxury items such as Moët Hennessy champagne are selling very well
Recession here or there, the demand for luxury goods continues to grow. A great example of this is the increased interest in Moët Hennessy champagne. “Demand is so high that...
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This is what is cheaper at the Lidl in Párkán, and what is more worth buying here
Many Hungarians visit the Lidl in Párkány regularly to shop, a 45,000 dollar purchase at home can easily turn into a 32,000 dollar purchase with a detour in Slovakia. Of...
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The Hungarian meat industry is in big trouble
Is it really not worth it to keep chickens, pigs or cattle? In Hungary, in the summer of 2022, fewer of the main farm animal species were kept than a...
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