Market News

The first two-Michelin-star restaurant in Hungary and Startup Plastic Surgery are launching a joint challenge for environmentally friendly catering

The challenge of the incubation program is for young teams who could help with an innovative idea to replace vacuum packaging in an environmentally friendly way. In November 2022, Startup...

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BDO: The EU’s “green” obligations are a serious burden for companies

The EU’s green transition strategy imposes significant tasks not only on large companies, but also on companies in the SME sector and their managers, which essentially has not eased despite...

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More muscular body care segment

According to Zsófia Gózon-Karajz, L’Oréal Magyarország Kft.’s trade marketing manager, global demand keeps rising for body care products. “Body care is important in every season, even though our skin is...

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New plant-based store concept from Billa

Billa has developed a new store concept called Billa Pflanzilla, which focuses only on plant-based products and has more than 2,500 SKUs. The store is located on Mariahilfer Strasse and...

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Grubhub and Gopuff team up for grocery and alcohol delivery

Grubhub and Gopuff are partnering to provide fast delivery of grocery items, alcohol and essential items. The new partnership will see the Chicago-based food delivery platform tap into Gopuff’s warehouses...

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Boots vows to deliver the most affordable Christmas ever

Boots has said this Christmas will be its “most affordable ever” as shoppers are expected to spend less due to the cost-of-living crisis. According to its research, two thirds of...

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Diageo Acquires Coffee Liqueur Brand Mr Black

Diageo has announced the acquisition of Mr Black, an Australian premium cold brew coffee liqueur brand.   Mr Black was launched in 2013 by designer Tom Baker and award-winning distiller,...

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Signature 40: Brand and trade marketing manager ranking

This year is the first that Signature 40, the ranking of brand and trade marketing managers is published, based on the idea of Ádám Vaszary and Márton Nagy. No less...

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Profession.hu: shop assistants and cashiers, and those working in trade and sales positions also apply for cleaning jobs

There is an increasing demand for skilled and manual workers, but there is a labor shortage in this area. Career abandonment is significant, players in various industries suck away the...

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Price cap on essential products in Netto, Bilka and Føtex stores until the end of the year

Denmark’s Salling Group has extended the price cap period on more than 300 products across the Netto, Bilka and Føtex chains until the end of the year. The price cap...

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Many people continue to save their money in gold, more and more people are looking for crisis-proof investments

Confidence in gold is still intact among those looking for lower-risk investments. Based on the latest data from BÁV Zálog, the amount of gold bars sold increased by 40 percent...

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The firewood program runs smoothly

The firewood program is running smoothly in the country, all forestry companies are working hard to meet the needs of the population, said the Minister of Agriculture at a press...

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The price of diet products increases faster, while the demand decreases

It is not easy for someone who is forced to live his life according to various diets. Before the war and the crisis, the price of various diet foods had...

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Carbon neutrality and sustainable environmental protection serve the interests of farmers

The agriculture ministers of the Visegrad Group and Bulgaria, Croatia, Romania and Slovenia adopted a joint statement regarding the expected EU carbon management initiative on Friday in Bazin, Slovakia. The...

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Szili: environmentally conscious education of young people is important

In environmental protection, everything depends on what the young generations are brought up to do – said Katalin Szili, prime minister’s representative, in her speech at the national meeting of...

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K&H: The expectations of large companies are at a low point

With minus 15 points, the K&H large company growth index, which shows the expectations of large domestic companies, reached its lowest value so far. The companies are pessimistic regarding their...

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Companies can expect significant inspections by the tax authorities: a fine of up to 260% can be imposed

In the coming period, taxpayers can expect frequent inspections by the tax authorities, especially in the field of general sales tax (VAT). The PwC Legal lawyers of the Réti, Várszegi...

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Italy’s Alì Closes Stores On Sundays To Save Electricity Bills

Italian grocery retail group Alì has opted to close its stores on Sundays and holidays in order to save on energy bills. In addition, the supermarket group, mainly located in...

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Plant-based meat gets a reality check

After years of growth, plant-based meat sales in the United States are stagnating; we look at possible reasons behind the slowing demand. There are many contributing factors, including supply chain...

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Mondelēz introduces recycled plastic packs for Cadbury Dairy Milk

Mondelēz International has announced that its Cadbury Dairy Milk and Cadbury Mini Snowballs 110g sharing bars, which are made in Bournville and sold in the UK and Ireland, are now...

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Atradius: a new type of crisis and recession is expected in the Hungarian economy next year

In its usual autumn analysis, credit insurance company Atradius expects the domestic economy to shrink by 2023. According to the study, Hungarian GDP will still be positive this year, but...

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The domestic agricultural machinery market is developing dynamically

The Government of Hungary is committed to adapting domestic agriculture to the technological and sustainability challenges of the 21st century, stated Zsolt Feldman, the State Secretary of the Ministry of...

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Ministry of Agriculture: the dairy cattle sector received new help

The extension of the animal welfare support for the dairy cattle sector has been successfully completed, the Ministry of Agriculture announced in its statement on Friday. Back in 2016, the...

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GE Women’s Network: gender equality in the workplace is important

In the current economic and market environment, it is also an important task for companies to provide employees with the support they need to perform their work to the best...

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Good news for companies: energy subsidies also come for central heating

The energy subsidy also comes after the district heating bills: in addition to their electricity and gas consumption, manufacturing SMEs can apply for non-refundable subsidies to partially offset the increase...

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70 percent of the sunflowers were harvested in Zala County

Nearly 70 percent of the sunflowers were harvested in Zala county, the average yield in the 6,000-hectare area was 2.5 tons, the county president of the National Chamber of Agricultural...

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The focus is on agricultural vocational training

“SzakMÁzz!” drew attention to the possibilities inherent in agriculture. The Center for Agricultural Vocational Training in Central Hungary at the Career Selection Exhibition. The “SzakMázz!” On October 4-5, the Center...

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Analysts: in August, fuel turnover maintained the growth of retail trade turnover

In August, fuel traffic was almost the only factor that kept retail sales afloat, and analysts speaking to MTI do not rule out a decrease in consumption in the future...

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The price of poultry meat can skyrocket

Brutal inflation is not enough, the bird flu is also worsening the meat price situation: in the near future, the price of poultry may rise drastically because of this. At...

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The retail traffic in the neighborhood also dropped significantly

Retail sales in the Czech Republic fell by 8.8 percent year-on-year in August after a 7.9 percent drop in July, the Czech Statistical Office announced on Thursday in Prague. The...

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