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Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within the framework of which experts provide a comprehensive picture of the financial reliability of a person, a business, or even...
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NAK considers supporting small-scale crop production a priority
Constructive cooperation with authorities and partner organizations plays a key role in the success of small-scale crop production in Hungary, it was stated at the latest meeting of the Small-scale...
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Soil-X-Change meeting for soil renewal innovation partnerships
On November 13, 2024, the Institute of Agricultural Economics (AKI) and the Innovation and Digitalization Support Unit (ITE) of the Common Agricultural Policy (CAP) announced a meeting within the framework...
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Lidl Germany returns to its discount roots
Lidl is modernizing its German stores to counter Aldi’s return to growth and to reflect changing consumer preferences. The new strategy emphasizes simplicity and efficiency while reinforcing Lidl’s discounter image....
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Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share...
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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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Diageo Announce New Global Division For Luxury Brands
Diageo Luxury Group is a new global division from Diageo for its luxury brands. The move brings assets into one portfolio including brands Brora and Port Ellen, Scottish brand homes...
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Action’s turnover up 20% in the first nine months
Action, one of Europe’s leading non-food discount chains, increased its net sales by 20.9% to €9.6 billion in the first nine months of the year in its twelve European markets....
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Agrometeorology: precipitation is good for autumn sowing
This week, heavy rain fell nationwide, with the exception of the Lesser Plain, which was much needed by the late-sown winter wheat, but the cool weather continues to hinder its...
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A 30 percent discount is needed to succeed on Black Friday
This Black Friday season, consumers are expected to shop more than last year, but they will definitely be better prepared: 38% of them have already used or plan to use...
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Potato situation in Hungary: cheaper, but not without problems
Potatoes, as a staple food, are in the spotlight every year, especially as the end-of-year holidays approach. This year too, many questions have arisen regarding quantity and quality, with which...
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This year we can still get Christmas fish at last year’s price
Due to the more unfavorable weather conditions than last year, fish farmers are closing a weak-average year overall this year, but despite this, they are not planning a price increase...
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Experts expect online fraud to increase as Christmas approaches
As Christmas approaches, cybercriminal activity may increase, and online fraud may increase – financial and law enforcement experts warned on Wednesday at a background discussion in Budapest organized by the...
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Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its 2024 autumn economic survey on November 14, highlighting a slow path to recovery for the Hungarian economy. The study, based...
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CÖF-CÖKA: multinational companies should include small villages in their delivery portfolio
The Civil Solidarity Forum (CÖF) – Civil Solidarity Public Benefit Foundation (CÖKA) recommends that multinational companies operating in Hungary and businesses involved in food trade expand their delivery portfolio –...
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This is how generations of Hungarian workers complain – national research with Krisztián Steigervald
An average Hungarian adult belongs to only 2-3 communities in their life, apart from their family and workplace1. A recent, national study shows that when changing jobs, the majority of...
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Péter Szijjártó: South Korea’s largest food company is building its first factory in the region in Hungary
South Korea’s largest food company is building its first Central European factory in Hungary, creating two hundred new jobs in Dunavarsány, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
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DRS System in Hungary: Tips for Successful Returns
On January 1, 2024, Hungary launched the DRS (Deposit Return System), enabling the return of single-use beverage containers – including metal, PET, and glass bottles – ranging from 0.1 to...
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eMAG’s new credit developments: more convenient installment payments for Hungarian customers
eMAG has introduced a significant development that makes online shopping on credit even easier and more convenient. With the addition of OTP Bank, the products of eMAG and Marketplace partners...
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K&H: large programs drive green loans
According to data from the Hungarian National Bank, the total green corporate and municipal loan portfolio has increased more than ninefold from 69 billion forints at the end of 2020,...
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Preparing for the holiday peak: this is how courier services operate during the Christmas period
As the holiday season approaches, online stores and courier services are preparing for the busiest time of the year. Based on the experience of recent years, the number of orders...
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This is how Hungarian companies can protect themselves against energy price fluctuations
The use of long-term green energy purchase agreements (PPAs) can significantly strengthen the competitiveness of European, including Hungarian, companies. The European Union encourages member states to promote the use of...
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Nébih inspected dairy departments
The dairy departments of commercial units were inspected by experts from the National Food Chain Safety Office (Nébih). During the inspection, products with expired shelf life and unmarked sliced cheese...
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TECHXPO 2024: Antal Rogán will give the opening keynote speech of the conference
Tomorrow, the four-day TECHXPO 2024 event will begin, bringing together prominent figures from Hungarian and regional business, government and academic life in Budapest from November 21 to 24. The event...
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Aldi needs more customer data
Aldi must dig deeper into data to get closer to its customers. Germany’s Aldi is doubling down on price to defend its position as the price setter in its domestic...
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Fish farmers do not plan to raise prices for this Christmas season either
Fish farmers do not plan to raise prices for this Christmas season either, if retail chains also apply last year’s margins, families will be able to get their holiday fish...
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Prospects for the real estate market are improving: recovery expected in 2025
Despite the sector’s subdued results this year, the outlook for next year is already encouraging; the market bottomed out in 2024, but a recovery has begun. In addition to the...
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The future of digital banking: personalized customer experience and next-generation technology
The results of Deloitte’s latest Digital Banking Maturity 2024 research show that the digitalization processes that began during the COVID-19 pandemic have not slowed down, but have gained new momentum...
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Thousands protest in London against inheritance tax on farms
Thousands of people demonstrated in London on Tuesday against inheritance tax on agricultural businesses. Scotland Yard estimates that more than ten thousand people took part in the demonstration organized in...
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