News and articles
Innovative solutions for high quality pork
Bóly Zrt., part of the Bonafarm Group, the Kaposvár Campus of the Hungarian University of Agricultural and Life Sciences, and the consortium established by the University of Debrecen within the...
Read moreBudapest Chamber of Commerce and Industry calls for tax enforcement moratorium for the most vulnerable companies
The Budapest Chamber of Commerce and Industry (BKIK) proposes that, in view of the epidemiological situation, the issuance of official collection orders initiated by the Mayor’s Office and the National...
Read moreConsumer price inflation has accelerated in OECD countries
In the member states of the Organization for Economic Co-operation and Development (OECD), consumer price inflation accelerated to 1.5 percent year-on-year in January from 1.2 percent in December. In January,...
Read moreMost of the restrictions in Germany could be extended until the end of March
Most of the restrictions aimed at slowing the spread of the new type of coronavirus (SARS-CoV-2) in Germany could be extended until March 28, according to a leaked draft proposal...
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A Shoe-in for Success
Unique Store Fixtures’ contribution helps Chrisitan Louboutin’s new boutique showcase products in style. On the Retail Enviroments site published by POPAI Hungary’s mother organisation Shop! HQ, there is a nicely...
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New and innovative real estate services company appears in the Hungarian market
The new real estate services company is named Nhood, and the new Hungarian company is called Nhood Services Hungary Kft. In January 2021 Antoine Grolin, Chairman of Ceetrus and Nodi...
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Red means CBA!
When we hear the word ‘red’ in Hungarian retail trade, we instantly think of the private label products of CBA and Príma: these are called Piros (meaning ‘red’ in Hungarian)....
Read moreA Foray Into Returnable Bottles – Aldi Süd Starts Test Phase
Aldi Süd is testing the sale of mineral water and beer in returnable bottles at the regional subsidiaries in Bingen and Eschweiler. In each case, the favourite varieties of the...
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Britain Raises Contactless Limit As COVID Accelerates Electronic Payments
Britain is more than doubling to £100 ($139.75) the limit on contactless payments made with debit or credit cards, the finance ministry said on Wednesday, as COVID-19 accelerates a shift...
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Open AI Energy Initiative Partnership Formed
Shell, Baker Hughes, Microsoft, and C3 AI fuse their expertise to accelerate the development of artificial intelligence (AI) for energy sector applications. The energy industry is no stranger to digital...
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Magazine: Strong brands, strong flavours
They don’t care about the pandemic or the changes of seasons: wet condiment (ketchup, mustard and mayonnaise) and horseradish sales continue to grow. Anita Plánk, ideation lead of Unilever Magyarország...
Read moreKSH: GDP grew by 1.4 percent in the fourth quarter of last year
The volume of gross domestic product (GDP) decreased by 3.6 percent in the fourth quarter of last year, compared to the same period of the previous year. The seasonally and...
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A new digital market connects Hungarian producers with customers
The official test mode of Hungary’s newest online producer market was launched on March 1. As part of the Digital Producer Market program, kozertplusz.hu it connects farmers and artisans directly...
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Factoring is becoming increasingly popular among SMEs as digital finance products are the future
Interest in digital financing products has grown significantly, as the crisis caused by the pandemic has had a strong impact on the liquidity of domestic SMEs. Since March 2020, the...
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SPAR offers more and more health-conscious food products
Based on the constantly changing customer needs, the company will enrich the number of its lactose, gluten and soy-free food products with new product developments this year as well. Demand...
Read moreTobacco growers closed a bad year last year
In terms of average yield, tobacco growers closed a bad year in 2020 – the president of the National Association of Hungarian Tobacco Growers (Madosz) told MTI on Monday. Bényei...
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The field of organic farming is significantly expanding in Hungary
The expansion of the size of the area involved in organic farming in Hungary is significant – the Ecological Agricultural Research Institute (ÖMKi) told MTI. The organization found from the...
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Analysts: labor market is facing a difficult quarter
Until the end of last year, the labor market still persisted against the second wave of the pandemic, but in the first quarter of this year promises will be difficult....
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Gender equality in homes starts with this, according to IKEA research
According to the vast majority of Hungarian couples, gender equality is an important issue and, in fact, a condition for a happy relationship, according to IKEA’s international research. At the...
Read moreConsumer sentiment in the United States deteriorated in February
Consumer sentiment in the United States deteriorated in February, according to a standard monthly survey by the University of Michigan. According to preliminary data, the value of the consumer sentiment...
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Overall satisfaction with retailers falls
Overall customer satisfaction with large grocery chains dropped significantly in 2020, according to the latest Retail and Consumer Shipping Report from the American Customer Satisfaction Index (ACSI), released 2nd of March. The...
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Magazine: 2021: Change is here to be solidified
In 2020 we stopped flying and most likely the trend will continue until April-June 2021, ‘home office’ became a standard work routine for several sectors, we minimised our driving and...
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Vision for the near future
Our magazine interviewed some of the more innovative actors in the commercial pálinka distillery market. The topic was: how did they adapt to the pandemic-induced crisis situation? László Nagy, the...
Read morePurina targets food waste by using surplus brewery grains in dog treat pilot
Purina today launches a new dog treat formulated with nutritious surplus grains from breweries. By upcycling grains that might otherwise be left to spoil, Purina is able to reduce food...
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USAID Partners with Nestlé to Boost Low-Carbon Coffee Production in Southeast Asia
The United States Agency for International Development (USAID) Green Invest Asia project has signed a Memorandum of Understanding with Nestlé aimed at reducing the company’s coffee carbon footprint in the...
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It’s in the bag! Tesco partners with Mondi to close the loop for shopping bags from retailer’s own paper waste
Leading global packaging and paper group Mondi and Tesco Central Europe have launched a new partnership, in which Mondi will purchase the retailer’s warehouse corrugated waste to create recycled paper...
Read moreAccording to a study, the coronavirus has changed consumer habits
As a result of the coronavirus, customer habits have changed and the composition of the consumer basket has also changed – stated a research conducted by Garai-Fodor Mónika, Dean of...
Read moreWithin the region, Erste is the fastest growing economy in Hungary
GDP growth rates in the region will be between 3 and 6 percent this year, with the strongest recovery of 5.5 percent expected in Hungary, the Erste Group told MTI...
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KSH: investments increased in the fourth quarter of last year
In contrast to the decline in the first three quarters of last year, the volume of investments increased by 2.5 percent in the fourth quarter compared to a year earlier....
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Shopkeepers: at least they tried
At the end of 2020, the pandemic washed away the festive rush of shoppers in stores, even though shopkeepers had high hopes for it – blokkk.com wrote. In the end,...
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