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Trade marketing is essential
If it’s Valentine’s Day, it’s “I love the trade marketing conference” for 22 years now. At its all-day online event, the Trade Marketing Club invited interested parties to an inspirational...
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KSH: industrial production decreased by 5.3 percent in December 2024
The volume of industrial production in December 2024 was 5.3 percent lower than a year earlier, or 6.4 percent lower than a year earlier, adjusted for working days, the Central...
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Price caps are back on the agenda: What could this mean for customers and stores?
The announcement by the Minister of National Economy, Márton Nagy, on Monday caused a serious resonance in both public life and the commercial sector. The possible reintroduction of price caps...
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Changing shopping habits: tricks, trends and disappearing specialty stores
The retail market is undergoing a continuous transformation. Shopping habits are changing, while stores are trying to attract consumers with various strategies. Today’s market is characterized by stores that offer...
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On Valentine’s Day weekend evenings, McDonald’s renovated Nyugati tér restaurant will be for lovers
Lovers can expect a special program at the McDonald’s Nyugati tér restaurant in Hungary, the Nyugati Lounge, on Friday and Saturday evenings from 10:00 PM to 4:00 AM. During the...
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According to IKEA research, 77 percent of Hungarians use their mobile phones in bed
Sleep is essential for our physical and mental health. However, IKEA’s latest research reveals that many Hungarians struggle with sleep deprivation, with 45 percent sleeping an average of 6 hours...
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K&H: What does the wallet of young people show? Every fourth Hungarian twenty-year-old is unable to save
Although 57 percent of young people have some savings, 25 percent are unable to save regularly, and there is a significant difference between men and women, according to the latest...
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Introducing SAP Business Data Cloud: a new boost in AI
SAP today announced its latest breakthrough solution, SAP Business Data Cloud, which unifies data across SAP systems and external sources across enterprises. It provides the trusted data foundation that companies...
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The interior renovation of the Hunyadi Square Market Hall begins
The interior renovation of the Hunyadi Square Market Hall will begin on February 17, which will be realized after decades of waiting. As a first step, a temporary market will...
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British Grocers Cut Jobs Ahead of Rising Costs
The UK grocery sector is undergoing a shake-up as supermarkets cut jobs and rethink pricing strategies. Rising labor costs and discounter dominance are forcing Tesco, Sainsbury’s, and Morrisons to streamline...
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Cholesterol levels reconsidered: medication, microsterols, interval training
Cholesterol is a silent indicator of health. Over the years, we may not even pay attention to it until a routine blood test draws our attention to it: our cholesterol...
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Generali: nearly 40,000 lightning damage reports received in 2024 due to climate change
The effects of changeable weather, global warming and climate change are increasingly affecting our everyday lives, just think of the frequent extreme weather conditions. Fortunately, 2024 can be considered a...
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Trump aluminium tariffs may mean Coca-Cola uses more PET, CEO says
President Trump is lining up a 25% tariff on steel and aluminium imports into the US. Coca-Cola Co. may have to source more PET for its drinks sold in the...
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Aldi USA To Divest Around 170 Winn-Dixie And Harveys Supermarket Stores
Aldi USA has agreed to divest approximately 170 Winn-Dixie and Harveys Supermarket stores that are not part of its conversion plan to a consortium comprised of C&S Wholesale Grocers, Southeastern...
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New technology connects c-stores’ inventory with major delivery platforms
British retail technology company, NearSt, has announced a new technology for UK convenience retailers that automatically connects their in-store inventory to major delivery platforms such as Uber Eats, Deliveroo, and...
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MBH Bank: Following January’s inflation data, we are raising our inflation forecast for this year to 4.6%
Following a 4.6% year-on-year price increase in December, consumer prices in Hungary rose by an average of 5.5% in January 2025. The figure exceeded both our expectations (4.9%) and the...
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The high inflation in January is not a Hungarian peculiarity – this is when price increases may slow down
The effects of the price increases at the beginning of the year are clearly visible in the latest inflation data. According to the report of the Central Statistical Office (KSH),...
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Hungary and FAO are putting their cooperation on new foundations
FAO Deputy Director-General Maurizio Martina and Undersecretary of State Oszkár Ökrös discussed the establishment of a new foundation and further strengthening of the nearly twenty years of fruitful joint work...
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ESG sustainability is increasingly important for domestic SMEs
Sustainability and corporate governance (ESG: Environmental, Social, Governance) aspects are gaining increasing importance among Hungarian small and medium-sized enterprises (SMEs). This is supported by the ESG survey conducted by the...
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The Association for Sustainable Packaging was founded
In order to promote sustainable packaging solutions, the Association for Sustainable Packaging (FeCso) was established, offering a unique platform for companies and organizations to support and promote their sustainability efforts....
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MATE and Béres have entered into a strategic cooperation
Dr. Csaba Gyuricza, Rector of the Hungarian University of Agricultural and Life Sciences, Marcell Béres, President of the Béres Pharmaceuticals Factory, and Klára Béres, President of the Béres Foundation, signed...
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Transfer pricing implications of the global minimum tax
Since last year, Hungary has also been applying the rules of the global minimum tax, which may in some cases deviate significantly from the usual logic of the domestic tax...
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Whiskey: Boycott could replace tariffs
American whiskey producers are once again at the center of international trade conflicts. While the suspension of Donald Trump’s latest tariff measures may bring temporary relief, the reaction of Canadian...
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Furmint February Big Tasting with more than eighty wineries
The public can experience more than two hundred Furmint wines from more than eighty wineries at the 15th Furmint February Grand Tasting on Thursday in Budapest, at the House of...
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French wine and spirits exports fell last year
France exported 15.56 billion euros worth of wine and spirits last year, down 4 percent from 2023, according to the website of the French Wine and Spirits Exporters Federation (FEVS)....
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Heroes and Traitors – the first year of the whistleblowing system
Throughout the European Union, including here, it has been at least a year since the companies required to do so have introduced their whistleblowing systems. Although abuses can cause damage...
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Amazon to expand beauty and personal care online offerings in Europe while opening first physical store in Italy
Amazon Parafarmacia & Beauty opens in Milan city centre, featuring a curated assortment of beauty and personal care products, innovative in-store services and expert advice. We unveiled Amazon Parafarmacia &...
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Heineken grows as world’s most popular non-alcoholic beer
Heineken posted solid growth in 2024, with non-alcoholic beers and premium lager as key drivers. The beers were particularly appreciated in Africa and Asia, with limited growth in Europe. Heineken...
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Lidl Bulgaria Plans 10 Store Openings, Takes Top Spot From Kaufland
Lidl Bulgaria plans to add at least 10 stores to its network in 2025 as it continues to implement its growth plan. As of the end of 2024, the retailer...
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