News and articles

OTP Mortgage Bank: farmland became 5 percent more expensive last year

Last year, the average price of arable land in Hungary increased by 5 percent: the average price per hectare increased from 1,593 million HUF in the previous year to 1,673...

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Insect repellents are safe according to the product test of the Conscious Buyers Association

The 36 mosquito and tick repellents tested by the Conscious Consumers Association are safe, but only if consumers adhere to the dosage and restrictions on the label, the association said...

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The euro area’s foreign trade surplus in goods has increased

Due to the base effect, the euro area trade surplus increased significantly year-on-year in April this year, according to a report by the European Union’s statistical office, Eurostat, on Tuesday,...

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Ifo lwered this year’s German GDP growth forecast

Referring to disruptions in the global raw material supply chain, the ifo economic research institute in Munich has slightly worsened its GDP growth forecast for Germany this year. The Ifo...

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Just Walk Out shopping at Amazon Fresh store

For the first time, Just Walk Out technology is available in a new full-size Amazon Fresh grocery store. Now customers can save time shopping for groceries by skipping the checkout...

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European Food program – soon to be launched in Hungary: Promoting well-being through healthy and sustainable nutrition

The European FOOD (Fighting Obesity through Offer and Demand) program, coordinated by the Edenred Group, aims to promote healthier eating in the workplace through various initiatives. Key principles: • Promote healthy eating...

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Beyond poppy seed noodles and after a price increase

One of last year’s winners is the pasta category, but the rapid sales growth seems to have come to a halt this year – we learned from Gábor Bokros, deputy...

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Business spirit is back

The establishment and terminations of companies also reflect the recovery of the Hungarian economy following the downturn following the outbreak of the coronavirus epidemic. In the second quarter of last...

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Dynamic growth expected in the Hungarian factoring market after a slight downturn

According to the first quarter 2021 statistics of the Hungarian Factoring Association, factored turnover increased by only 1%. However, based on the experience of Péntech, interest in digital factoring services...

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On 17th of June, fruit and vegetable day again: the Hungarian fruit season and the #Zöldség-Fruit Hero competition will start!

The National Chamber of Agriculture and the European Fresh Team programme will also announce the Hungarian Fruit and Vegetables Day on 17 June to raise awareness of fresh, seasonal fruits...

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Auchan welcomes high school students for a summer internships

Auchan has been training vet students for more than 10 years and has been accepting high school students who have to complete mandatory summer internships for years. Not only do...

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Environmental awareness in households is slowly catching up

Essity is one of the world’s leading hygiene and healthcare companies. Essity’s operating principles are driven by sustainability. Leading brands such as TENA and Tork, as well as other strong...

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This is what you should pay attention to when it comes to packaging

It may come as a surprise to many, but the fact is that most of the meat products on the shelves also contain small amounts of added sugar. Bacon is...

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Harry & David launch online butcher shop

Harry & David Gourmet has expanded its product portfolio with an online gourmet butcher shop offering everything from beef to seafood. The Harry & David Fine Meats shop offers nearly...

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Belgian Beer Exports Decline For First Time In Ten Years

The Belgian beer market has witnessed a slump in domestic sales and exports for the first time in ten years, with both seeing an 18% decline, according to a report...

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Corona Achieves Net-Zero Plastic Footprint Globally

Anheuser-Busch InBev (AB InBev) has announced that its Corona brand has achieved a net-zero plastic footprint globally, which means that it recovers more plastic than it releases into the environment....

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Magazine: PENNY Market: Hungarian flavours and development projects for improving the shopping experience

PENNY Market is waiting for Hungarian shoppers with 226 stores and the retailer also has 3 logistics centres; the company employs nearly 4,700 workers. In 2019 Penny Market launched a...

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KSH: performance in the Hungarian beer industry fell last year

The performance of the beer industry fell by an unprecedented 13 percent last year, while that of the entire food industry fell by just 1 percent, according to an analysis...

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The rise in the price of cereals has pushed up purchase prices

In April, the average purchase price of agricultural products was 15.5 percent higher than a year before; the prices of crop and horticultural products were driven by rising prices of...

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Nagy István: 342 applicants won the Hungarikum competition

The Hungarikum 2021 application, with a budget of 930 million HUF, received 925 applications, with a total of 3 billion HUF in support, of which 342 won, Minister of Agriculture...

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Attention is drawn to the importance of pollinating insects in Szeged

A five-hundred-square-meter wall painting depicting a flowery meadow adorning the walls of a heating plant draws attention to the importance of pollinating insects in Szeged as part of the Urban...

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Pollination operation: giant mural, bee auctioneers for urban biodiversity

A huge painting has been made in recent weeks on the wall of the heating plant on Vág Street in Szeged. The special work was created in the framework of...

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Tesco’s community building program is on

This spring, for the ninth time, you were able to apply for community building activities as part of Tesco’s “You choose, we help you” programme. Of the 173 entries, the...

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Online commerce is over during the pandemic

In the survey, conducted in January 2021, European consumers were asked about the proportion of shopping done online versus in-store, prior to the first lockdowns in early 2020. This same...

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Crowdfunding: EU market opens to domestic crowdfunding providers from November

There is huge growth potential for business operators already authorised and with practical experience in crowdfunding, with all EU Member States having to apply the EU Regulation governing European Community...

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MNKSZ: The pandemic strengthened the ties between members

Our magazine interviewed Katalin Neubauer, secretary general of the Hungarian National Trade Association (MNKSZ). – What was the time between the 2nd and the 3rd wave of the pandemic enough...

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NESCAFÉ 3in1 Classic

NESCAFÉ is first testing its paper and paper-based packaging on NESCAFÉ 3in1 Classic 10-item products in Hungary. The product is available in SPAR and INTERSPAR stores and the SPAR Online...

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UN urges intense restoration of nature to address climate and biodiversity crises

Facing the triple threat of climate change, loss of nature and pollution, the world must deliver on its commitment to restore at least one billion degraded hectares of land in...

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Magazin: Labour market 2021: The FMCG sector and retail trade became more attractive to workers

The last 15 months changed the world of labour more than the previous 10 years. From the 7,600 workers interviewed by Randstad every 8th lost their job and every 9th...

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