News and articles
Cofidis: the willingness of Hungarians to borrow has increased
Hungarians’ willingness to borrow has grown: 12 percent of those surveyed plan to take out a loan in the next year, up 5 percentage points from last August, according to...
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MATE and COOP have signed a cooperation agreement
In order to support the activities of the Hungarian food industry, the Hungarian University of Agricultural and Life Sciences (MATE) and the COOP chain have signed a cooperation agreement, the...
Read moreThe increase in producers’ costs is behind the rise in dairy prices
In recent months, dairy prices have risen sharply. The increase in prices is due to the increase in the general costs of dairy farmers, as without the price increase the...
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Production resumed at Hungerit’s slaughterhouse
After last week’s fire, production started again at Hungerit’s slaughterhouse, the Hungerit Baromfifeldolgozó és Élelmiszeripari Zrt. told MTI on Tuesday. It was recalled that a fire broke out on the...
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Swiss watch exports grew 11.8 percent in March
Exports of Swiss watches in March rose 11.8 percent year-on-year to 2.092 billion francs, according to the Swiss Watch Industry Association (FHS). In February, annual growth was higher at 24.4...
Read moreIWH: Shutting down Russian gas supplies would cause a recession in Germany
Shutting down Russian gas supplies would push Germany into recession, but the effects would vary regionally, according to a study published Tuesday by the IWH Economic Research Institute. According to...
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Roland Berger: In a couple of years, peas could displace soy from the plant-based protein market
According to a recent study by Roland Berger, the market for alternative plant proteins will boom significantly over the next five years, but current production capacity is insufficient to meet...
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The new vintage of Villányi REDy has started
Sorry, this entry is only available in HU....
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The newest McDonald’s restaurant opens at the Venetian lounge
The city’s first 101st McDonald’s restaurant opened in Venice. The development of a modern restaurant next to the M7 motorway is in line with the company’s growth strategy, the two...
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This may be the end of Hungarian wineries: hundreds of millions are missing from the coffers of the wineries
The most renowned Hungarian winemakers are asking the Minister of Industry and Trade, László Palkovics, to initiate the qualification of Ital Magyarország Kft (IMO) as a strategically important business organization....
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New dm App
From April dm’s new application is available to customers. In the new dm App they can find everything that they could access in the loyalty app (coupons, loyalty points, active...
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Three quarters of Hungarians regularly pay with bank card
A Mastercard survey – published at the end of February – has found that 58% of Hungarian bank customers pay with their bank card on a daily basis; 72% of...
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Sixth Wolt Market opens
Only five months after the opening of the first Wolt Market, the sixth unit opened in the Angyalföld neighbourhood of Budapest this April. Wolt Market is basically a shop without...
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Hundreds of millions could be called up by domestic companies for R&D this year
By properly using the tax incentives, domestic companies can save up to a third of their R&D costs, the National Office for Research, Development and Innovation and EY said at...
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Research: these six types of work styles will dominate the office of the future
Based on the findings of global research, a total of six types of typical employees can be distinguished by technological development and the level of flexible work independent of location,...
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Blockchain holds huge potential to disrupt the financial services sector
• Roland Berger study: Blockchain is accelerating the creation of new business models and can help financial service providers reduce costs • Broad-scale adoption set to begin in three to...
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Pre-packaged Tesco fruit and vegetables in recycled packaging
Tesco’s private label (PL) fruit and vegetable selection is now available in 100% recycled packaging. This move is in line with Tesco’s 4R (remove, reduce, reuse, recycle) strategy, and is...
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Henkel’s sales revenue exceeds EUR 20bn
In the 2021 fiscal year Henkel’s organic sales reached EUR 20.1bn – the company announced at the end of February. Compared with 2020, the organic sales growth was 7.8%. Adjusted...
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Márka completes major investment project
In early March Márka Üdítő Kft. ceremonially opened its third production line, and with this step the company’s output increased to 180 million bottles. Márka is now using the ‘ultra-clean’...
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Used clothes in Auchan stores
In mid-March Acuhan took another step in the direction of sustainability: they started selling quality used clothes under the Új Élet by Auchan banner. The carefully selected and disinfected products come...
Read moreITM: Hungarian consumer protection retains its place at the forefront of in Europe
The domestic authority sent the 4th most product alerts to the EU Safety Gate system in 2021, according to data released on Monday; 55 percent of last year’s 162 Hungarian...
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The 15th Star Profession Festival has opened its gates
The 15th Star Profession Festival, where more than 200 students compete in 86 professions, and professional and entertainment programs await those interested in the field of Hungexpo will be held...
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The avian influenza virus appeared in another zoo in Békés County
The presence of the avian influenza virus was confirmed by the laboratory of the National Food Chain Safety Office (Nébih) in Nagykamarás, Békés County, in a breeding goose farm, the...
Read moreThe general government deficit and debt-to-GDP ratio fell last year in the EU
The general government deficit as a share of GDP in the euro area fell to an average of 5.1 percent in 2021 from 7.1 percent in 2020, and the deficit...
Read moreIfo’s German business sentiment index for April has improved
Instead of the expected deterioration, the ifo economic research institute’s business sentiment index in Germany improved in April after falling sharply in March as the outlook worsened as a result...
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Praktiker: It’s all about accessories in the garden and balcony decor
With the arrival of the real spring, we also want to spend more and more time outdoors, rediscovering our relationship with nature after a long winter. And where could we...
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Trademark protection: Even a single protection can bring a 10% growth surplus
There are currently almost 15,000 food brands in force in Hungary, which is 27.63% of all brands. In 2020, 13.7% more trademarks were registered than in the previous year, but...
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Our favorite dishes can now be prepared with mouth-watering plant-based alternatives
Nestlé has developed a diverse plant-based Garden Gourmet product line in response to popular consumer trends based on meat-free and vegetable protein consumption and growing demand....
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HEINEKEN Hungária offers the season with fruity beer specialties
The Soproni Careful Duhaj and Gösser Natur Zitrone product families are coming with new taste innovations. While the former is a mango, characteristic, unfiltered, top-fermented beer specialty for lovers of...
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Never before have so many losses resulted from retail fraud
Data from SAS’s “Point of Sale or Point of Failure” report show that the level of losses from fraud and abuse has never been so high in the retail sector....
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