News and articles
L’Oréal acquires Korean skincare brand Dr.G
The deal is expected to close in the next few months, pending regulatory approvals. L’Oréal Groupe has signed an agreement to acquire Gowoonsesang Cosmetics Co., Ltd, the parent company of...
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The Mátrix Non-Profit Foundation collected almost 50 thousand pieces of chocolate, toys and stationery
The Mátrix Public Benefit Foundation has collected almost 50,000 pieces of chocolate, toys and stationery in its program called Love Chocolates, the organization informed MTI on Tuesday. It was announced...
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Company trends 2024: 11 thousand fewer companies: the company trends of 2024 in numbers
The number of active partnerships decreased by 11 thousand by the end of 2024. More than 35 thousand companies ceased to exist last year, while the number of new company...
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Will our financial situation be better in 2025? Research has been conducted on what Hungarians think
The Hungarian population has mixed expectations about their financial situation this year. Nearly 40% expect to be in worse financial circumstances in 2025 compared to the previous year, while 20%...
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Coffee prices at an all-time high
In early December 2024, the price of coffee on the international market rose to a record high. Arabica coffee beans, which account for the largest share of world production, exceeded...
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Inflationary turn among Hungarians
The inflation situation has improved significantly among the population, including the middle-aged, according to the latest K&H Komiszti Futur survey. Among other things, 78 and 66 percent experienced a significant...
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Garfield returns to SPAR and INTERSPAR stores with a special sticker album
The most famous cat on Earth, Garfield, has returned to SPAR and INTERSPAR stores with a new sticker album featuring the world’s most unique animals, Animal Records 2. The entertaining,...
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Sustainability is more of a challenge than an opportunity for Hungarian companies
The latest data from the K&H Sustainability Index highlights that the majority of Hungarian companies are still lagging behind in their efforts to reduce carbon emissions. A significant number of...
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Csaba Kőrösi: the global economy is being redesigned along the sustainability goals
The implementation of the Sustainable Development Goals (SDGs) formulated in 2015 is not progressing very well, said Csaba Kőrösi, former President of the UN General Assembly, former President János Áder,...
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Péter Szijjártó: last year was the second most successful year in economic history in terms of investment promotion
Last year was the second most successful year in the history of the Hungarian economy in terms of investment promotion, with 4,000 billion forints of new investment coming to our...
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MBH quick analysis: Tourism could strengthen significantly this year
Tourism continued to strengthen in January–November 2024: the number of nights spent by domestic guests in tourist accommodations exceeded the level of the same period of the previous year by...
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BioTechUSA starts the year with the message “Franco is sporty. Be a Franco too!” and encourages lifestyle changes
As one of Europe’s largest manufacturers and distributors of dietary supplements and specialty foods, BioTechUSA, with its decades of experience, offers specific suggestions on how to start the new year...
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We are buying more and more refurbished mobile phones
Last October, Magyar Telekom launched its joint service with Recommerce Group, in which refurbished devices are sold, thus supporting the circular economy and offering a choice to its environmentally conscious...
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Hungarian President of the CEO Council of the world’s largest business networking organization
BNI members worldwide help each other generate 14% of the annual HUNGARY GDP, or 10,000 billion forints (25.9 billion USD) in additional sales revenue each year. BNI is celebrating its...
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Bank360: The population saved rather than spent before Christmas
Before the holidays, household bank accounts and securities accounts were still well-funded, and it did not seem at all that the Christmas shopping that started in November had sucked money...
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AutoWallis, together with its partner, can be the importer of Nissan in Romania
AutoWallis Group may acquire the distribution rights for Nissan in Romania together with the dominant player in the European automotive market, the Portuguese Salvador Caetano Group, and thus become the...
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NGM: tourism is soaring, guest traffic increased by 17 percent in November
Domestic tourism set new records in November 2024: the number of guests increased by 17 percent to 1.2 million, and the number of guest nights increased by 10 percent to...
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Every fourth Hungarian would like to improve their digestive well-being, but doesn’t know how
The start of the new year is a time for many to pay more attention to their health. However, according to a recent national study*, a significant proportion of Hungarians...
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These will be the most anticipated electric cars of 2025
The range of electric cars is constantly expanding, and it seems that there will be no shortage of new models in 2025: next year’s new products promise amazing technological solutions,...
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MOHU: more than one billion bottles have already been returned in Hungary
The number of short-term overnight stays booked on online platforms in the European Union member states continued to rise: in the third quarter of 2024, 366.2 million short-term overnight stays...
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New year, new and old challenges in logistics: The sector could feel like it’s on a roller coaster in 2025
There have been a significant number of economic trials in recent years, both domestically and internationally. 2025 is not expected to be the easiest year in every respect, at least...
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This is what the housing situation of middle-aged people looks like
The family home is the most popular choice for middle-aged people, with 58 percent of them living in such properties, according to the third-quarter data of the K&H Sure Future...
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Home insurance has reached a limit
It seems that the proportion of households that are able and willing to take out home insurance in Hungary has reached its maximum – this is revealed by the figures...
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Projector, lamp and speaker all in one: LG introduces multifunctional, three-in-one projector
LG Electronics (LG) is introducing two brand-new home projectors at CES 2025. The models come with a completely new concept: so-called lifestyle projectors designed with space-saving features in mind. The...
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Farmers have received more than 382 billion forints in funding by the end of 2024
Thanks to the necessary financial and professional conditions created by the government, 149.2 thousand producers were able to receive advance and installment payments under 22 titles from the subsidies applied...
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Retail sales in Russia accelerated and unemployment stagnated at a historic low
Russia’s retail sales accelerated in November, while unemployment remained at a historic low. Retail sales growth accelerated to 6 percent in November, up from 5.2 percent in October, according to...
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The new year started with price increases in Romania, but the prime minister confirmed with a tattoo that VAT will not be increased
In Romania, civil servant salaries, pensions and family allowances have been frozen, several tax breaks have been abolished, dividend tax has been increased and – due to the increase in...
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We are further strengthening our agricultural relations with Japan
The friendship of Japan and the agricultural market of the Far Eastern country are of paramount importance to our country, which is why we will further strengthen our existing relations...
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Czech breweries do not ship to Russia
Czech breweries do not ship beer to Russia; most of them stopped exporting to Russia in the spring of 2022, shortly after the Russian attack on Ukraine, the CTK news...
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Robot development is accelerating
Samsung is becoming the largest shareholder in Rainbow Robotics in a bid to accelerate future robotics developments, including humanoid robots. Samsung first acquired a 14.7% stake in the Korean company...
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