News and articles
Prospects for the real estate market are improving: recovery expected in 2025
Despite the sector’s subdued results this year, the outlook for next year is already encouraging; the market bottomed out in 2024, but a recovery has begun. In addition to the...
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The future of digital banking: personalized customer experience and next-generation technology
The results of Deloitte’s latest Digital Banking Maturity 2024 research show that the digitalization processes that began during the COVID-19 pandemic have not slowed down, but have gained new momentum...
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Thousands protest in London against inheritance tax on farms
Thousands of people demonstrated in London on Tuesday against inheritance tax on agricultural businesses. Scotland Yard estimates that more than ten thousand people took part in the demonstration organized in...
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Social commerce predicted to reach $1 trillion by 2028
A new study forecasts skyrocketing growth for the social commerce marketplace. The global social commerce market is expected to gross $688 billion in 2024, 20% more than almost $571 billion...
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Intermarché Steps Up Measures To Create A Transparent Value Chain
French retailer Intermarché has decided not to commence trade negotiations for 2025 with dairy manufacturers until they reach a first level of agreement with their producers and suppliers. Intermarché has...
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Magosz: more than 50 thousand people have already signed the agricultural petition
More than 50 thousand people have already signed the agricultural petition, the Association of Hungarian Farmers’ Associations and Cooperatives (Magosz) announced on its Facebook page on Wednesday. The post stated...
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Gruppo Tonazzo gives up meat products for a plant-based future
Italy’s iconic meat processor Gruppo Tonazzo has announced that it will stop the manufacturing of all meat-based products by the end of the year. The company will focus on the...
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The producer price of raw milk increased by 17 percent in a year
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was 182.86 forints/kilogram in October 2024. With an improvement in fat content of 0.16 percentage...
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The customer is the important to everyone, everywhere, at all times – We were learning together (Business Days 2024 Part 1)
Wednesday morning of the Business Days conference, the topic was a general market assessment of the past year and a half, in the light of the shopping habits of households...
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Coface: the region’s mammoth companies achieved growth in difficult times
The countries of the Central and Eastern European region performed poorly last year: the region’s aggregate GDP grew by just 0.7 percent year-on-year, the weakest figure of the current century....
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Generational change is increasingly a concern for Hungarian businesses
Surveys in recent years have shown that while Hungarian private businesses are addressing the issue of generational change, they are not doing so with the weight that is appropriate for...
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PENNY and foodora’s collaboration reaches national level
From mid-November, PENNY customers can now make even large purchases nationwide via the foodora application. With the holiday season approaching, it can be a real help for families that all...
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OMV: Ultra-fast charging network will be available nationwide by the end of 2025
OMV’s new fast chargers are now available at 15 locations across the country. The company will double the number of its ultra-fast charging stations this year, and by the end...
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Supermint visited the dairy section of grocery stores
In the Supermint program, this time the dairy departments of commercial units were inspected by experts from the National Food Chain Safety Office (Nébih). The official inspectors visited 30 stores...
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Special care for premature babies: November 17th is World Prematurity Day
Nowadays, many world days give us the opportunity to remember the things that are important to us. One of them is especially important for those who arrived early. November 17...
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The Food Rescue Center’s Advent Charity Campaign
The Food Rescue Center Nonprofit Ltd. (ÉMK) is launching its charity food collection campaign this Advent season with the support of the Ministry of Agriculture. This Christmas, the Center will...
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Courier services are preparing for a record season before Christmas
As the holiday season approaches, more and more people are browsing the offerings of online stores. Based on the experience of previous years, the volume of orders increases several times...
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The Milk Product Council and the Hungarian Dairy Experimental Institute Ltd. are educating together
The Milk Product Council and the Hungarian Dairy Research Institute Ltd. are launching a series of articles entitled “Butter Definition”, which aims to clarify information about butter, dispel misconceptions, and...
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IKEA Soroksár: The store of the future
IKEA is revolutionizing the shopping experience with innovative and exciting solutions. The Soroksár store presents the IKEA experience of the future with its new CGI video, all in a fun...
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Pockets rattling with change
Tünde Turcsán, managing director of CPS GfK-YouGov gave a presentation at this year’s Business Days conference of Trade magazin. This article is available for reading in Trade magazin 2024/11 Consumer...
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MTÜ: Government proposals further strengthen the competitiveness of domestic hospitality
The Ministry of National Economy recently submitted proposals determining the maximum amount of the service charge, ensuring the tax exemption of tips and modifying its payment. Based on the draft...
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We can help those in need with as little as 250 forints – again a coupon donation drive in Tesco stores
For the 15th time, Tesco has joined the Ecumenical Aid Society’s Advent Fundraising. During the campaign, between November 18 and December 31, the chain’s customers can support the work of...
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The country’s largest school fundraiser has launched
All Hungarian kindergartens, primary and secondary schools can join the country’s largest school fundraiser. The organizers of the Christmas Smiley Elves campaign, which will run from November 11 to December...
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TECHXPO 2024: Central Europe’s largest tech summit is starting soon
For the first time, but with the aim of creating a tradition, the TECHXPO 2024 event will be held this year between November 21-24. The event will bring together prominent...
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Mizo orange-chocolate flavoured milk drink for November cold
Our new limited edition Mizo orange-chocolate flavoured milk drink has arrived! There is nothing warmer on a cold winter day than a mug of hot, orange-chocolate flavoured milk drink! Pour it into...
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The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by 2.4 percent to 142 thousand tons in the first eight months of 2024 compared to the same period in 2023....
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GLS Hungary has prepared everything so that holiday packages arrive on time
The holiday season requires special preparation every year – thanks to GLS Hungary’s year-round data-driven operation and forward-looking planning, it is ready this year to ensure that shipments arrive on...
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Effective action must be taken against the placing of fake honey on the EU market
Effective action must be taken against the placing of fake honey on the EU market, for example by marking and separating natural and unnatural honey, but in the meantime, the...
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Migros Zurich To Restructure Tegut – 120 Jobs At Risk
Migros Zurich plans to restructure its German subsidiary, Tegut, putting approximately 120 full-time jobs at risk. The decision follows the inability of the banner to leverage existing market potential and...
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Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live pig exports increased by 22.7 percent to 22.5 thousand tons in January-August 2024 compared to the volume in January-August 2023....
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