News and articles

This year, the amount of agricultural insurance premium subsidies increased to 11 billion HUF

Last year, the amount of support for agricultural insurance premiums increased from 5 billion HUF to 7 billion HUF, and this year by another four billion, the Association of Hungarian...

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KSH: employment decreased in January

The average monthly number of employees was 4,537,000. Partly as a result of the pandemic, partly due to seasonal effects, the number of employees decreased by 97 thousand compared to...

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MLBKT: PMI declined in February

The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in February fell by 49.4 points from the 54.5 points of January – the Hungarian Logistics, Purchasing and Inventory Company...

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This is waiting for the world after the pandemic: a new forecast has arrived

The US stock market will remain outperforming, China will not catch up with the United States by 2050. On the other hand, inflation will be higher while interest rates will...

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Express delivery at Walmart –without minimum order

From 1st May Walmart dropped the $35 minimum purchase requirement for its two-hour Express delivery service, which the retail giant launched last May. The rapid service is an “arms race” among the retailers in...

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We will pay for the global container shortage

We can feel the global health and economic effects of the coronavirus, not only on our skin, but also on our wallets. Thanks to last year’s buying fever, accumulated reserves...

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Serbia: shortened opening hours to come?

Restaurants and shopping malls could be open until two in the afternoon over the weekend in Serbia due to the decision of the crisis team in charge of dealing with...

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Consumer sentiment in Germany has improved more than expected

The March German consumer sentiment index of the GfK economic research institute has improved beyond expectations. According to the survey, consumers expect an improvement in both the economic environment and...

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Half a million boxes of cigarettes were found by financiers at Nagylak

Half a million boxes of presumably counterfeit cigarettes were found by financiers in a Romanian truck at Nagylak, a spokesman for the National Tax and Customs Administration (NAV) told MTI....

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Another wave of the pandemic is already threatening grocery stores

In recent days, there have been indications from several places that another wave of pandemics in trade is already endangering daily operations – Magyar Nemzet Online wrote. It is possible...

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Analysts: the pace of wage growth will slow this year

Compared to the performance of the economy, wage growth was particularly dynamic last year, but this year the pace may slow markedly, as already indicated by the agreement on the...

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Coca-Cola: empty bottles and aluminum boxes are values even if they belong to the competitors!

The goal of all of us is to create a circular economy. However, this can only be done through joint efforts and if the packaging waste goes to the right...

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Hungarian live pork and meat exports fell

The volume of Hungarian live pork and pork exports fell last year, while prices fell significantly- agrarszektor.hu , wrote. The fall in prices has already been reflected in processors’ transfer...

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New CEO at the head of Cofidis Magyarország

Jean-François Rémy will take up the position of CEO of the Hungarian Branch of Cofidis from 1 December 2020. The specialist with international and Central European regional experience has been...

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Corporate liquidations peaked in January

According to Opten, the level of liquidations peaked in January as a mixed-impact effect of the Covid pandemic, but the number of start-ups was also close to record, according to...

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“Equal Opportunities, Fairness” Rare Diseases Week 2021

There are millions of people worldwide with a rare and congenital disorder, and about 700,000 in Hungary. As more than half of those affected are newborns, infants and young children,...

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In Slovakia, shopkeepers, taxi drivers and inspectors are also vaccinated

The Slovak Ministry of Health has announced that from the weekend, vendors of grocery stores, taxi drivers, bus drivers and inspectors, as well as flight attendants will be able to...

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Strong partnerships are more important than ever

The pandemic is fundamentally changing the private label partnership. That’s the conclusion of a special industry panel of retailers and manufacturers conducted during PLMA’s virtual Annual Roundtable Conference. More than...

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MEKH: The use of new energy labels is mandatory from Monday

The use of the new energy labels on certain products of technical stores and in the product brochures of web stores is mandatory from Monday, the Hungarian Energy and Public...

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Walmart pushes zero waste efforts with ‘bagless’ pilot

In an effort to cut back on the use of disposable plastic bags, Walmart has started a “bagless” pilot in Vermont, according to a blog post on Monday from the...

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Essity Announces Partnership With WWF

Essity, the company behind the Cushelle brand, has announced a special partnership with WWF, pledging £150,000 to support the recovery of koalas impacted by the fires and their habitats. The partnership...

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Metro And Loop Launch Reusable Packaging Solution

Metro France has partnered with the Loop initiative to reduce single-use plastic packaging in stores. The partnership relies on Loop’s reuse deposit service, where the customer purchases and uses a product, but...

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Report from the boardroom (Part 1) – An interview with Rezső Rózsai, CEO of KPMG Hungary

In our new series Judit Szalóky Tóth, a Boyden Executive Search partner makes interviews with executives. This time she asks questions from Rezső Rózsai, CEO of KPMG Hungary. Mr Rózsai...

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KSH: real earnings grew by 6.2 percent in 2020

The average gross earnings of full-time employees were 449,400 HUF last December, 10.6 percent higher than a year earlier. In 2020, gross average earnings reached 403,600 HUF and net average...

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Gulyás: Restrictions will remain until March 15

The government will maintain the restrictions imposed due to the coronavirus pandemic unchanged until March 15 – Gulyás Gergely, the head of the Prime Minister’s Office said at the Government...

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Lidl gradually increases the proportion of sustainable cotton in its own branded textile products

Lidl has set a goal to procure cotton from 100% sustainable sources by the end of 2022. An important step towards achieving this goal is the partnership with the “Cotton...

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The Chamber of Agriculture is initiating the expansion of interest-free restart quick loan holders

The National Chamber of Agriculture (NAK) is initiating the government to allow suppliers in difficulty due to restrictions on catering facilities to participate in the interest-free restart quick loan loan...

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Self scanning: dm helps to shop fast with a new service!

Independent, contactless and fast shopping? Dm introduced a new service at the end of 2020: with the help of an application, customers can scan the products themselves, then pack them...

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HELL ENERGY strengthens with vitamin drinks

HELL ENERGY Magyarország Kft. is expanding its offer with a new product category on the Hungarian and international markets. The DeLaVie and Fizzy non-carbonated and carbonated vitamin drinks of Swiss...

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The time for stakeholder capitalism has come

Following last year’s regional consultation, the members’ meeting of the Hungarian Business Council for Sustainable Development (BCSDH) hosted Peter Bakker, President and CEO of WBCSD, who gave a presentation on...

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