News and articles
Price pressure and oversupply in the global bell pepper market
Bell peppers are facing a difficult market environment worldwide: oversupply, varying production conditions and depressed prices are the main features of this season. Prices in major European producing countries often...
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Historic decision: European Commission approves first sustainable price agreement in the wine sector
The European Commission has taken its first official position on the competition law assessment of a sustainability agreement in the agricultural sector. The positive opinion concerns a target price agreement...
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New time system for Oreo
Oreo’s largest domestic campaign to date, which started with a social prize draw and has recently been strengthened with locally focused communication, runs until September 21. In addition to digital...
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Bunge reduces plastic use by optimizing oil bottle packaging in Hungary
The redesigned bottles produced at the Martfű factory use 11 percent less plastic per bottle, which represents a saving of more than 300 tons of plastic based on production volumes...
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This is how a dream comes true: an evening with Michele Morrone, only for the winners of HELL
A dream came true for the special prize winners of the HELL ENERGY international prize draw: lucky winners from nine countries came to take part in an exclusive experience in...
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70% of travelers would pay more for a green alternative
Tourism is responsible for nearly 10% of global carbon emissions, so reducing the sector’s environmental impact is becoming increasingly urgent. Pressure from guests is increasing and many are willing to...
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Munch introduces new restaurant service
Munch Club has launched, offering exclusive restaurant 1+1 Deals and extra discounted food savings across Budapest. The new service invites users on a gastronomic journey of discovery, thereby promoting the...
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GKI: Companies’ price increase intentions have noticeably decreased this year, but cost pressure is still present
In the past part of 2025, price increase intentions have weakened almost continuously and noticeably in several sectors of the Hungarian business sector. By June 2025, these expectations had fallen...
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Unitravel bankruptcy: compensation can also be travel – but there are some things that have to be paid out of pocket
Customers who were left stranded by the bankrupt Unitravel travel agency can choose not only monetary compensation, but also a new travel option. According to the insurer, the claim settlement...
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Thousands of people are already using BudapestGO’s new shopping features
BudapestGO’s new shopping functions have been available for two months now: the shopping cart function and the option to make purchases for other users. BKK’s developments that respond to customer...
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Pop Mart expects record profit thanks to viral dolls
Chinese toy manufacturer Pop Mart expects a profit increase of more than 350 percent for the first half of the year, the company announced, referring to the overwhelming success of...
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Hungary trusts AI
As artificial intelligence (AI) increasingly impacts everyday life around the world, the vast majority of Hungarians already know the basics of the technology and trust that companies will use data...
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Inside La Cocoș: ‘Buy More, Pay Less’ warehouse-style retail for brands only
The following store visit report offers a visual deep dive into the unique retail concept of La Cocoș: Romania’s fastest-growing hypermarket operator and recent acquisition target of Germany’s Schwarz Group....
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L’Oréal Agrees To Acquire Professional Haircare Brand Color Wow
Cosmetics giant L’Oréal has agreed to acquire haircare brand Color Wow as it seeks to strengthen its professional products portfolio. Color Wow, founded by Gail Federici in 2013, offers a...
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Tourism in Lake Balaton shows a mixed picture – yet there is reason for optimism
The tourist season at Lake Balaton did not start smoothly: the weather and the shortening booking times had a significant impact on the development of guest traffic. However, according to...
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ASP confirmed in domestic pigs in Croatia
African swine fever (ASF) has been confirmed in domestic pigs in the settlements of Jagodnjak and Bolman in Croatia, located near the Hungarian border. The outbreaks have significantly increased the...
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The Consumer Protection Authority blocked a website advertising fake fat-busting serums
Due to misleading names and information, the National Trade and Consumer Protection Authority (NKFH) has banned the distribution of Kalóriakirály dietary supplement products and obliged the domain service provider to...
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Aldi pledges to donate one million meals over summer
Aldi is doubling down on its charity initiatives by pledging to donate over one million meals to families in need over the summer holiday period. The discounter is teaming up...
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NAV: Tax inspectors found nearly three thousand fake perfumes in a Bulgarian truck
The tax inspectors found nearly three thousand fake perfumes in a Bulgarian truck on the M5 motorway, the National Tax and Customs Administration (NAV) told MTI on Wednesday. According to...
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HungaroControl: air traffic increased by about 10 percent in the first half of this year
Hungarian air traffic increased by about 10 percent in the first half of this year compared to the record year of 2024, while the busiest months of the year are...
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KSH: in May, the gross average salary was 702,800 forints, 7.8 percent higher than a year earlier
In May, the average gross salary of full-time employees was 702,800 forints, and the average net salary was 483,000 forints. The average gross salary was 7.8 percent, the average net...
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July storms: record number of claims reported to Generali Insurance in a short period of time
In recent years, we have been faced with extreme weather events and the damage caused by them more and more often. Between July 7 and 10, Generali Insurance received nearly...
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Four billion development at the Budapest site of 77 Elektronika Kft.
77 Elektronika Kft., a 100 percent domestically owned company that develops and manufactures medical diagnostic equipment, has reached another significant milestone. As part of the recently launched 4 billion forint...
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EM: domestic solar capacity exceeded 8 gigawatts in June
The total installed capacity of Hungarian solar power plants exceeded 8,000 megawatts last month; the rise of green energy also helped to keep the import share of electricity consumption below...
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AutoWallis publishes an excerpt from its 2024 sustainability report
The AutoWallis Group implemented significant energy efficiency projects in 2024 and has begun developing its transition plan to mitigate climate change. The region’s leading integrated car dealership and mobility service...
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Grape and fruit growers who suffered severe spring frost damage will receive extraordinary assistance
The spring frost, which came in several waves this year, caused severe damage to grape and fruit orchards across the country. The Ministry of Agriculture, based on the consultation with...
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KSH: industrial production decreased by 2.6 percent compared to a year earlier and by 1.3 percent compared to the previous month in May
In May 2025, the volume of industrial production fell by 2.6 percent from a year earlier. The index adjusted for working day effects is the same as the unadjusted one,...
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We are getting better at shopping
This May POPAI Magyarország held its annual meeting and the usual monthly gathering at an unusual venue: the SPAR Regnum Meat Processing Plant and Training Centre. This article is available...
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AutoWallis’ vehicle sales expanded in the first half of the year
Acquisitions were the main driver behind the 3.4 percent growth in AutoWallis Group vehicle sales in the first half of the year, which was hit by global challenges, after the...
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MOHU: 15 million daily record in redemptions
The number of plastic bottles, metal cans and glasses returned at vending machines reached 15 million on the Tuesday after the Whitsun long weekend, which is almost 30 percent more...
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