News and articles
Diageo Announce New Global Division For Luxury Brands
Diageo Luxury Group is a new global division from Diageo for its luxury brands. The move brings assets into one portfolio including brands Brora and Port Ellen, Scottish brand homes...
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Action’s turnover up 20% in the first nine months
Action, one of Europe’s leading non-food discount chains, increased its net sales by 20.9% to €9.6 billion in the first nine months of the year in its twelve European markets....
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Agrometeorology: precipitation is good for autumn sowing
This week, heavy rain fell nationwide, with the exception of the Lesser Plain, which was much needed by the late-sown winter wheat, but the cool weather continues to hinder its...
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A 30 percent discount is needed to succeed on Black Friday
This Black Friday season, consumers are expected to shop more than last year, but they will definitely be better prepared: 38% of them have already used or plan to use...
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Potato situation in Hungary: cheaper, but not without problems
Potatoes, as a staple food, are in the spotlight every year, especially as the end-of-year holidays approach. This year too, many questions have arisen regarding quantity and quality, with which...
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This year we can still get Christmas fish at last year’s price
Due to the more unfavorable weather conditions than last year, fish farmers are closing a weak-average year overall this year, but despite this, they are not planning a price increase...
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Experts expect online fraud to increase as Christmas approaches
As Christmas approaches, cybercriminal activity may increase, and online fraud may increase – financial and law enforcement experts warned on Wednesday at a background discussion in Budapest organized by the...
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Gyermelyi’s new heartwarming commercial has been released
Gyermelyi has launched its latest, comprehensive campaign, which draws attention to the beauty and significance of family moments spent together. The new slogan simultaneously reflects the brand’s values, quality and...
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Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its 2024 autumn economic survey on November 14, highlighting a slow path to recovery for the Hungarian economy. The study, based...
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A new pocket opens on the SZÉP card with the name Active Hungarians
Everyone is the architect of their own health, the Active Hungary program aims to make people experts in their own health – said the State Secretary for Active Hungary at...
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MTÜ: government proposals further strengthen the competitiveness of domestic hospitality
The government’s proposals further strengthen the competitiveness of domestic hospitality, according to the Hungarian Tourism Agency (MTÜ). In their statement sent to MTI, they recalled that the Ministry of National...
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CÖF-CÖKA: multinational companies should include small villages in their delivery portfolio
The Civil Solidarity Forum (CÖF) – Civil Solidarity Public Benefit Foundation (CÖKA) recommends that multinational companies operating in Hungary and businesses involved in food trade expand their delivery portfolio –...
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This is how generations of Hungarian workers complain – national research with Krisztián Steigervald
An average Hungarian adult belongs to only 2-3 communities in their life, apart from their family and workplace1. A recent, national study shows that when changing jobs, the majority of...
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Péter Szijjártó: South Korea’s largest food company is building its first factory in the region in Hungary
South Korea’s largest food company is building its first Central European factory in Hungary, creating two hundred new jobs in Dunavarsány, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
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Citrus freshness and spicy elegance: Monotheme’s new fragrances have arrived in Hungary
Two product lines from the world-famous Italian perfume brand Monotheme – the citrusy Il Libro Degli Agrumi and the oriental, spicy, oud-containing Black Label – are now available on drugstore...
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The Hungarian startup that reduces carbon footprint and joins the STRT portfolio, headed by Petya Balogh, this year, is entering the international stage
Petya Balogh and his STRT Holding Plc., as well as two other investors, saw a dream in Carbon.Crane, which specializes in reducing the carbon footprint of digital marketing activities, such...
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eMAG’s new credit developments: more convenient installment payments for Hungarian customers
eMAG has introduced a significant development that makes online shopping on credit even easier and more convenient. With the addition of OTP Bank, the products of eMAG and Marketplace partners...
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K&H: large programs drive green loans
According to data from the Hungarian National Bank, the total green corporate and municipal loan portfolio has increased more than ninefold from 69 billion forints at the end of 2020,...
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Life-size LEGO tram on the streets of Budapest
We can meet a special vehicle in the heart of the capital, which brings a smile to many faces by bringing the joy of play to places where city dwellers...
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Bagels of the Year 2024: Karl Confectionery and Még1kiflit Bakery on the podium
The Hungarian Confectionery Association announced the Beggar of the Year competition again this year, in which domestic confectioneries, artisan bakeries and catering establishments could present their best bagel specialties. The...
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Preparing for the holiday peak: this is how courier services operate during the Christmas period
As the holiday season approaches, online stores and courier services are preparing for the busiest time of the year. Based on the experience of recent years, the number of orders...
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Hungarians plan longer and more conscious summers for 2025
The 2025 holiday season is already showing spectacular trends in the first weeks of the First Minute period. Based on the bookings received so far, it is clear that Hungarian...
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This is how Hungarian companies can protect themselves against energy price fluctuations
The use of long-term green energy purchase agreements (PPAs) can significantly strengthen the competitiveness of European, including Hungarian, companies. The European Union encourages member states to promote the use of...
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Nébih inspected dairy departments
The dairy departments of commercial units were inspected by experts from the National Food Chain Safety Office (Nébih). During the inspection, products with expired shelf life and unmarked sliced cheese...
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TECHXPO 2024: Antal Rogán will give the opening keynote speech of the conference
Tomorrow, the four-day TECHXPO 2024 event will begin, bringing together prominent figures from Hungarian and regional business, government and academic life in Budapest from November 21 to 24. The event...
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Fish farmers do not plan to raise prices for this Christmas season either
Fish farmers do not plan to raise prices for this Christmas season either, if retail chains also apply last year’s margins, families will be able to get their holiday fish...
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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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