News and articles
10 billion HUF food industry investment begins in Kiskunfélegyháza
A 10 billion HUF food industry investment will start in Kiskunfélegyháza with state support – the Minister of Foreign Affairs and Trade announced the investment of the Kiskunfélegyháza NT Kft....
Read moreAccording to a study, precision agriculture can bring 269 million euros to Hungary
In countries that rely heavily on agriculture, the spread of 5G networks and the agricultural solutions based on them can represent an outstandingly high added value in terms of investment....
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This is what people plan to the spend a lot on this year
38 percent of those surveyed believe that they can breathe a sigh of relief about their finances as early as this year and even afford higher expenses, according to research...
Read moreSlovakia will ease restrictions
Restrictions on the spread of the coronavirus in Slovakia from Monday will be eased, shops may be opened under certain conditions and church services may be visited, according to a...
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Documentary shows the social enterprises of the Hungarian Maltese Charity
The well-known saying is that it is not necessary to give fish to the hungry, but to teach them how to fish. In this spirit, the Hungarian Maltese Charity launched...
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P&G inks multiyear MLS sponsorship
Procter & Gamble signed a multiyear sponsorship of Major League Soccer (MLS) that aims to bring greater equity and inclusion to the sport while broadening the CPG giant’s reach with...
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Employers will be monitored more rigorously by the Employment Authority from March
In the course of official labour inspections starting after day 1 of the AP, employers will be monitored by the employment supervisory authority with slightly new, one shade, or rather...
Read moreNAV found a criminal gang involved in the illegal tobacco trade
More than three hundred million forints of damage was caused by a criminal association dealing with the illegal tobacco trade, which was recently liquidated by the National Tax and Customs...
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Klekner Peter is the new CEO of Kifli.hu
Kifli.hu announced that Peter Klekner would take over as managing director of the company. The task of the new leader is to increase the brand’s popularity and strengthen customer satisfaction...
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Rossmann is chosen to be the best by supplier partners
Among the largest retail chains in Hungary, Rossmann Hungary first place in the Advantage Report ® survey. Total performance is evaluated in five areas, such as Business Relations, Associates/Organization, Category/Business...
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Facebook launches its Get Digital digital education platform in Hungarian, too
Facebook has launched the Hungarian version of Get Digital, a comprehensive digital education curriculum for parents, teachers and teenagers. The lessons and curricula included are based on educational resources provided...
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Total press market revenue in 2020 was HUF 101.569 billion
The press has retained its place within the mediacake, in 2020 the total media market revenue was HUF 101.569 billion. The print advertising segment remains a serious factor, and despite...
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Unilever donating more than HUF 4.5 million worth of hygienic hand gels
Lifebuoy, a recently re-released hand hygiene brand, helps the National Ambulance Service by donating more than HUF 4.5 million worth of hygienic hand gels. At a time when it is...
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Borsodi launches its Borsodi Tropical Ale
Borsodi Brewery is about to launch a special limited edition Ale. This is Borsodi tropical ale with a combination of mango, guava and maracuja flavours will be available from the...
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Tesco acknowledges outstanding performance of stuff
Tesco announced today that it will once again recognise the outstanding performance of its staff. The department store chain today informed its 10,000 or so employees in its stores, logistics...
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Trade deficit with China grows as imports soar
The value of Chinese imports in the first months of 2021 alone reached $15.42 billion, twice as much as the value of Vietnamese exports to the market. mport turnover from...
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The Competition Office and Corvinus University cooperate for the development of hungarian economics
A cooperation agreement has been set between the Economic Competition Office (GVH) and Corvinus University of Budapest (BCE) for the development and support of Hungarian economic expertise. The agreement provides...
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A 10 billion HUF food investment will begin in Kiskunfélegyháza
With state support, 10 billion HUF food investment will begin in Kiskungyháza. Péter Szijjártó stated that the government will contribute HUF 1.7 billion to the partly greenfield and partly capacity-building...
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Magazine: Spreads fighting for a place on the knife
In 2020 margarine, butter and other spread retail sales increased by two-digit numbers in the spring period; however, in the HoReCa sector demand fell for these products. Although in the...
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FAO-Hungarian cooperation for sustainable food
Making the world’s food systems sustainable is not only important for the FAO, but it is also in line with Hungarian national interests. Bencsik Dávid, Deputy Secretary of State for...
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Nébih’s educational program has expanded
The National Food Chain Safety Authority’s (Nébih) education program has also been expanded with live, online lessons and several new materials for preschool and elementary school age groups. Nébih told...
Read moreThe ZEW Eurozone and German Economic Index declined strongly in April, but remains highly optimistic
For April, instead of the expected increase, the ZEW Economic Research Institute’s investor sentiment index in Germany and the euro area declined, but in absolute terms it is at a...
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Pek-Snack and Kometa in strategic partnership
Pek-Snack is convinced that quality is both a goal and a tool.The comapany is continuously improving their products and strengthening their market position and increasing the satisfaction of their customers...
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Nearly half a million under-25s could be affected by next year’s SZJA exemption
As of 2022, there were an order of magnitude 280,000 people affected by the SZJA exemption for under-25s. This is derived from the age group employment data of the CSO,...
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Shabby stores and bare shelves wait back shoppers
As retailers focused on e-commerce and faced supply-chain challenges during the pandemic, store appearance often became an afterthought. Market leader Walmart’s stores were downgraded by research firm and criticized by...
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April is the month of coffee: new varieties at OMV
In order to celebrate the month of coffee in April, OMV has created several new products, including the purchase of premium Colombian coffee from the wells. In addition, Italian Cimbali...
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Magazine: Mothers’ trust is difficult to win and easy to lose
In the baby care market the Pampers brand of Procter&Gamble has observed sales growth recently, especially in the wet wipe segment. Yvette Krubl, the company’s communications PR manager in Central...
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Analysts: inflation may continue to accelerate
In line with expectations, the rise in inflation in March and the rise in world oil prices and excise duties on tobacco products are expected to accelerate further – market...
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