Market News
Q-Commerce Shoppers Opt For Smaller Basket Sizes, Notes DIA
Quick-commerce shoppers in Spain purchase baskets of smaller volumes and value, but shop on a weekly basis, an analysis of customers by Glovo and DIA has shown. Shoppers who opt...
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Shiseido launches sign language beauty consultations
The service uses sign language, lip reading, and chat. Shiseido has officially launched a free online beauty consultation service tailored for customers with hearing impairments. The service, available through its...
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A new era in streaming: 2.4 million Hungarian gamers and brands meet
Publicis Groupe Hungary has joined the inStreamly platform as an exclusive partner in Hungary, bringing unique, interactive advertising opportunities to the world of live gaming streaming, the popularity of which...
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NAV: Several pounds of frozen food found in a Budapest warehouse was destroyed
Among spare tires, used furniture and clothes, the financial inspectors of the National Tax and Customs Administration (NAV) Directorate of Operations found several kilograms of frozen food in a warehouse...
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Carrefour Italia Focuses On Franchising And Italian Organic Products
Carrefour Italia is implementing a recovery strategy focused on franchising expansion and its Act for Food programme. This follows a disappointing summer and a 3.5% drop in first-half sales, to...
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Fertilizer prices fell by almost 30 percent
Fertilizer distributors sold 1,044 thousand tons of fertilizer directly to farmers in the first three quarters of 2024, which exceeded the volume a year earlier by 25.2 percent. In addition,...
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Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista Group, surveyed 4,312 users aged 18 and older across eight European countries (Austria, Bulgaria, Germany, Spain, France, Italy, Romania, and...
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Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by a decline in transaction numbers and a wait-and-see attitude, but experts at BDO Corporate Finance expect a recovery in the...
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The 3.01-liter soda bottle debate: Not a deliberate circumvention of the system, but a temporary solution
Regarding the controversy surrounding the 3.01-liter soft drink bottles appearing on the Hungarian market, the head of Üdítő Centrum Kft., Zsolt Fórián, clarified the situation. In a statement to the...
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Black Friday: From a one-day sale to a month-long shopping frenzy
Black Friday, the huge wave of price reductions that started in the United States, has now taken deep roots in Hungary. The shopping frenzy, which was originally limited to a...
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Hungarian family businesses invest in cooperation, not generational change
More than 20 percent of the 515,000 partnerships operating in Hungary today, or 130,000, are family businesses, where the owners are connected by some kind of kinship. Among them, there...
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The #vadateszem campaign has been launched
The launch of the #vadateszem campaign, which also draws attention to a healthy and varied diet, is a new impetus in the promotion of game meat, said Dr. Beáta Olga...
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Chilean “seed guardians”: fighting to preserve traditional plant varieties
The Chilean “seed guardians” movement has taken on a unique and significant mission: to preserve the genetic diversity of traditional, ancient plant varieties. Global food production is increasingly shifting towards...
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Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year, thirteen percent in two years, and fourteen percent in three years. It was not easy, but the wage agreement between...
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MOHU collected 700 million bottles in six months
By mid-November, 700 million bottles, jars and cans had been redeemed in Hungary in the new redemption system – MOHU told MTI. They highlighted that the waste of the redeemed...
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Revolut 2025: The fintech giant takes things to new heights
One of the most prominent players in the fintech world, Revolut, has announced its ambitious plans for 2025. The company, which has gained more than 10 million new customers this...
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Mihály Varga: the government stands by the interests of Hungarian farmers
The government views agriculture as one of the pillars of sovereignty, and therefore will continue to stand by the interests of Hungarian farmers in the future, the Minister of Finance...
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Májustól akár felszámolással is járhat az Oroszország elleni EU-szankciók megsértése
The European Union (EU) directive, adopted in April this year and to be implemented in Hungarian law by May 2025, obliges member states to introduce criminal and non-criminal measures in...
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A turbulent year for aviation: airlines worldwide declared insolvency
The difficulties of this year have posed a serious challenge for many airlines. While in 2023, high ticket prices and an increase in the desire to travel had a positive...
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Focus on strengthening direct producer sales
Sustainability is a key issue in all areas of our lives today. From an economic and social perspective, the development of food supply chains that, while strengthening the local economy...
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There are still many people who think buying a property is a waste of money
Middle-aged people have a markedly different opinion of renting as a housing alternative, according to the latest K&H Komisz Futur survey. Among 30-59 year-olds, the proportion of those who believe...
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NAK and Hungarian Lawyers Association strengthen cooperation
The President of the National Chamber of Agriculture (NAK), Zsolt György Papp, paid an introductory visit to the President of the Hungarian Lawyers Association (MJE), László Trócsányi. The current meeting...
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Billa Invests Over €56m In 2024 To Expand Presence In Bulgaria
Supermarket chain Billa has invested BGN 110 million (€56 million) since the start of 2024 in Bulgaria, to boost its market presence in the Balkan country. The company, part of...
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High quality is ensured in the Christmas fish offer this year as well
The weather did not make things easier for domestic fish farms this year, but despite the difficulties caused by the drought, there will still be plenty of high-quality Hungarian fish...
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SPAR International And Circana Announce Strategic Partnership
SPAR International, the food retail chain, has announced a key partnership with Circana, a leading advisor on the complexity of consumer behaviour. SPAR country organisations will have access to Circana’s...
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Suntory to shift Irish whiskey bottling to Spain and Scotland
Japanese drinks giant Suntory has decided to move the bottling of three Irish whiskey brands made at its Cooley Distillery offshore. The distillery produces Suntory’s Kilbeggan, Tyrconnell and Connemara Irish...
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AM: Exploiting the potential of digitalization is key
It is important that as many people as possible in agriculture take advantage of the opportunities offered by digital technology, and that precision farming is spread as widely as possible...
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TECHXPO 2024 has opened its doors
TECHXPO 2024, Central Europe’s largest tech summit, has opened its doors in Budapest. The four-day event kicked off with a robust international conference program, with the opening keynote address by...
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Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters of webshops offer this method of collection, which is a 12 percent increase compared to the previous year. The ever-increasing...
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Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity not only globally but also in Hungary. Due to sustainability considerations, the demand for a healthy lifestyle and lactose sensitivity...
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