News and articles
Inflation accelerated in the euro area in December, especially on the food front
In December, as previously announced, annual inflation accelerated in the euro area – the statistical office of the European Union, Eurostat, announced the final data on Wednesday. In the euro...
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New financial director at the head of Media Markt Hungary
From January 2024, Mariann Ribár will replace Éva Posan as the financial director of Media Markt Hungary. Éva Posan continues her professional duties in Austria as the financial director of...
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Will the prices of dairy products continue to rise in 2024?
Over the past two years, the prices of milk and milk products in Hungary have risen continuously, except for the previous month, when the price of milk and cheese decreased...
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Auchan will raise wages between 12.5 and 21.3 percent from January
Auchan will raise the salaries of manual workers in its stores between 12.5 and 21.3 percent from January 1, the company informed MTI on Wednesday. In store positions that do...
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Tourist agency: SZÉP card spending reached a peak
Spending on the SZÉP card peaked in 2023, the currency remains the engine of domestic tourism, the Hungarian Tourism Agency (MTÜ) told MTI on Wednesday. According to the information, SZÉP...
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Netflix works with a retail chain
French supermarket chain Carrefour and streaming platform Netflix are testing a new subscription program together called Carrefour Plus. The pilot program is currently available in two cities, Rouen and Bordeaux,...
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Tartós installációs az Év Displaye 2023
Nagy érdeklődés övezte a POPAI és a Trade Marketing Klub összevont évzáró eseményét. A házigazda Pick Szeged a gyorsan változó vásárlási igényekre adott válaszaival, a szervezők pedig a POPAI Awards POP...
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Széles körű ESG beruházási programot valósít meg a Nádudvari
Átfogó környezettudatos fejlesztési programot valósít meg az idén a Nádudvari Élelmiszer Kft. Decemberben fejeződik be az a 650 millió forintos zöldfejlesztési program, amelynek költségeit saját, illetve állami forrásokból, valamint az OTP...
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The producer price of broiler chickens decreased by 18 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to almost 180,000 tons between January and October 2023 compared to the same period of the...
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Aldi removes plastic shopping bags, pivots to natural refrigerants
Starting this year, the grocer plans to buy environmentally friendly refrigerants for all of its new and remodeled locations and swap in ones with low global warming potential at existing stores. Aldi...
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Wizz Air restarts its flight between Budapest and Tel Aviv
Wizz Air will restart its flights between Budapest and Tel Aviv in March, the airline announced on Wednesday. In the announcement sent to MTI, it is explained that from March...
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Nestlé Vietnam, 100 million dollars to expand coffee production
The investment will increase the production capacity of the Tri An plant, southern province of Đồng Nai “Strategic” investment for Nestlé Vietnam which has decided to allocate 100 million dollars...
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Szallas.hu: the average booking price increased by 17 percent last year
According to data from Szallas.hu, the average booking price per person in 2023 was HUF 13,000 per night, which represents a 17 percent increase compared to 2022. Balaton was the...
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Business Diaries can be uploaded until February 15, 2024
The Ministry of Agriculture has extended the deadline for the electronic upload of the Farm Diaries by two weeks, until February 15, 2024. The decision is based on the fact...
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Bulgur was recalled due to the mycotoxin content exceeding the limit value
Due to the mycotoxin (deoxynivalenol, DON) content exceeding the limit value, Bio Fair Trade Kft. has recalled the one-kilogram Nett Food Bulgur product from the market – announced the National...
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Shift to modern grocery consumption slows down
Spending in modern grocery, including the online channel, slowed down in the fastest-growing markets as the growth of modern grocery networks “failed to keep pace” with other channels amidst the...
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The Nutriversum brand gains even more vitality with the SAP Emarsys marketing automation system
Nutriversum has become a dominant brand in the nutritional supplements market entirely on its own in just 10 years. The brand’s greatest strength is the loyal customer base, the short...
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The burdens of operators dealing with animal by-products have been eased
In line with the government’s deregulation efforts aimed at reducing administrative burdens, Regulation 45/2012 on animal by-products was amended from January 1, 2024.(V. 8.) VM decree. In the future, it...
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Work Force Kft. increased its sales by about 50 percent last year
Work Force Kft. closed in 2023 with a sales revenue of around HUF 25 billion, which is an increase of about 50 percent compared to 2022 – the company dealing...
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The ESG Act affects domestic companies widely
The domestic ESG law, effective from January 1, 2024, will have a great impact on the life of domestic businesses. Those who act on time can gain an advantage, those...
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Vegetables without packaging play a leading role
In the spirit of the fight against food waste and plastic waste, changes are expected on the shelves of grocery stores in the United Kingdom. According to the plans of...
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K&H: middle-aged Hungarians are less afraid of inflation
For the time being, Hungarians do not expect a significant decrease in inflation, but the situation has improved to the extent that, compared to 87 percent at the beginning of...
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There could be a serious shortage of goods in Europe because of the Houthi terrorists in Yemen
The tensions in the Red Sea region and the ship attacks carried out by Houthi terrorists in Yemen can have a serious impact on the FMCG market. Keeping seafarers on...
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Fidelity: What will drive ESG development in 2024?
Systemic care, in which investors cooperate with a wide range of stakeholders to implement sustainability tasks, will be one of the main drivers of the ESG agenda in 2024. Fidelity’s...
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Olive oil is brutally expensive
The Spanish olive oil industry is in deep crisis, and producers describe the situation as dramatic. In the last three years, the price of Spanish olive oil has increased by...
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The winners of Tesco’s game can shop for free in a total value of more than HUF 60 million
Tesco is starting the year with a large-scale raffle, during which shopping vouchers worth more than HUF 60 million will be drawn among a total of 4,205 winners. The five...
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Rossmann is starting an investment of 20 billion in Hungary
Rossmann is planning for the long term in Hungary, by the end of 2025 they plan to hand over a 28,000 square meter logistics center, which will be complemented by...
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Nyugati tér McDonald’s will close on the evening of January 16
As the last stop of its restaurant transformation program, the Hungarian McDonald’s plans to close Meki® on Nyugati tér, which has been chosen as one of the most beautiful McDonald’s...
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EU Commissioner: new regulations will guarantee the authenticity of the green labeling of products
The European Union is introducing new regulations that will make the green labeling of products more genuine and credible, and will also provide more reliable foundations for the green transition,...
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GLS Hungary further expanded it to “GLS XXL” service
GLS Hungary introduced its “GLS XXL” service in April 2023, with which the company not only provides a solution for its clients in the delivery of postal packages, but also...
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