Market News
Visa: Every fifth Hungarian plans to pay with a mobile phone during Black Friday
Mobile devices are increasingly becoming a self-evident part of everyday life, according to Visa’s latest research, 62% of Hungarian respondents prefer to use their smartphones to shop and pay online,...
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Danone launches energy and decarbonisation programme
The ‘Re-Fuel Danone’ scheme looks to make its operations more agile, energy and cost efficient, as well as resilient and more sustainable. As well as delivering the programme via digital...
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Amazon started layoffs
Amazon began laying off corporate employees last week, becoming the latest of the tech giants (Twitter, Salesforce, Meta) to slash its workforce by thousands. The cuts are expected to affect...
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The end of November is an important deadline for companies
The MNKSZ recommends to all businesses that they carefully examine the electricity and natural gas energy contracts in the next few days! In a statement, the MEKH draws the users’...
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Here is GVH’s educational video for traders on correct price display
The Economic Competition Authority (GVH) supports traders with an educational video in the legal practice of displaying prices and holding promotions so that Hungarians can more easily consider the promised...
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An important deadline is approaching for taxpayers wishing to pay corporate tax in foreign currency
As it was announced at the end of summer / beginning of autumn on August 9, or published in the Magyar Közlönyök on September 26, taxpayers had the opportunity to...
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Consumer confidence is at an all-time low across Europe, with Hungarian households among the most severely affected
Consumer confidence has hit rock bottom across Europe, and in most countries people are preparing for a crisis that will last for years, according to the Intrum European Consumer Payments...
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The Food Bank collected more than 240 tons of donations
Customers collected a total of 241 tons of durable food in the 17th Christmas fund-raising campaign of the Magyar Élelmiszerbank Egyesület from Friday to Sunday in 334 stores in 160...
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Pear makes an excellent compote, but also tasty when raw – here is the new campaign
In our country, pears are grown on nearly 2,000 hectares, including many landscape varieties. Pears are particularly healthy and can be used in many ways – the European Fresh Team,...
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BNI has collected crisis management tips for businesses
As a result of the domestic and global economic events of recent months, the prospects of the domestic SME sector are increasingly deteriorating. This is shown, among other things, by...
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Cultivated meat consumption is increasing in Western Europe
A recent survey has revealed that consumers are shifting to meat alternatives, often choosing plant-based products instead. In the survey 4,096 people were interviewed across Germany, France, Italy and Spain about their...
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There will be no shortage of Hungarian pork during the holiday season either
There will be no shortage of high-quality Hungarian pork during the festive season, and pig farmers can count on the support of the government even in the most difficult times...
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Consumer spending focuses on experiences and basic needs
Mastercard Economics Institute’s “Shifting Wallets” survey analysed how much consumers stick with their habits which give them comfort, experiences or both. The study sets out to answer three key questions...
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Only one thing, change is constant in the packaging industry
Béla Cservenka, local sales manager of DS Smith Packaging Hungary told our magazine that sustainability and the circular economy are in the centre of their operations. This is the reason...
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The Chamber of Agriculture draws attention to the consumption of domestic fish
The fishing industry is already preparing for the Christmas season, and this year you will also be able to get fresh fish of excellent quality and a large selection –...
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PepsiCo brings Doritos into dip category
PepsiCo’s Frito-Lay unit is rolling out dips under its Doritos brand, the company said. The dips will be available at retailers and on PepsiCo’s Snacks.com website for $4.49 starting later...
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Cinnabon launches delivery service across the UK
Cinnabon has launched its first delivery service across the UK, allowing customers to receive sweet baked treats within 48 hours of the order being placed. Following demand from ‘Cinnafans’, the...
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Carrefour Polska Expands Private-Label Christmas Offering
Carrefour Polska has announced that it is expanding its private-label Christmas food assortment to enable customers to shop within budget and not give up on their favourite festive treats. The...
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Wellbeing Association: Workplace “well-being” – natural in the wider world, even less important at home
Nowadays, not only a stable, secure income is one of the main determinants of a good workplace. It is important for more and more employees to feel good in their...
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K&H: the minority of working young people expect a wage increase that exceeds inflation
There are still a majority of young people who are generally dissatisfied with their lives in terms of several factors – for example, work or study, housing situation, financial security...
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K&H: Domestic SMEs cannot exploit inflation
The financial expectations of domestic businesses for the year ahead have fallen significantly, according to the results of K&H’s research among SMEs. The companies expect an average increase in sales...
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Tesco leader: the price cap causes us a loss of 11 billion HUF a year
Zsolt Pálinkás, the CEO of Tesco in Hungary, talked about the shortage of goods, a monthly utility bill of 2 billion, shopping with a scanner gun and home delivery by...
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Survey: Black Friday is a compulsion to buy for many
Compulsion to buy, buying unnecessary products, overspending, shopping addiction, or Black Friday is upon us again. In the period of endless overconsumption, it becomes even more important to highlight good...
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There will be enough Christmas trees this year too – it is worth choosing domestic pine
The harvesting of “Christmas trees” has begun in the domestic pine plantations, the National Chamber of Agriculture (NAK) and the Interprofessional Organization of Hungarian Ornamental Gardeners informed. Contrary to misconceptions,...
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Giving Friday: dm donates 5% of the turnover to charity
At dm, we will change the “Black Friday” shopping day to “Giving Friday” in 2022 as well, and instead of huge discounts, we will offer 5 percent of the total...
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Spreading it thinner
András Benkő, sales and marketing director of Kaiser Food Kft.: “Thanks to having a steady buyer base, liver paté sales are stable. Still, even if COVID didn’t hurt sales, the...
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Meal-Kit Maker HelloFresh Enters Spain
HelloFresh has launched in Spain under the name HelloFresh SE expanding the company’s footprint to 19 markets across the world. Earlier this year, the company launched in Japan and Ireland and rolled...
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Randstad leader: Every tenth company is planning downsizing, many are announcing layoffs
The economic situation is difficult, only 38 percent of the companies plan to increase the number of employees, while 49 percent do not plan to change. At the same time,...
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BAT Invests In Hemp-Based Wellness Products Maker Charlotte’s Web
BAT Group has announced an investment of approximately £48.2 million (€55.2 million) in Charlotte’s Web Holdings, a Colorado-based business that makes wellness products from hemp extracts. Listed on the Toronto...
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Mars Pet Nutrition Tests Bulk Sales Of Pet Food In Collaboration With Carrefour
Mars Petcare subsidiary, Mars Pet Nutrition is offering a select range of pet food products in bulk as it joins Carrefour’s test-and-learn bulk initiative in the Montesson hypermarket, France. As...
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