News and articles
KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical Office (HCSO), in June the average gross monthly earnings of full-time employees amounted to HUF 704,400, while net earnings reached...
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Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments of food processors, announced István Nagy, Minister of Agriculture. Through the tender aimed at the complex development of processing plants,...
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Eight out of ten parents would like to buy everything in one place for the start of school – Pepco offers a solution for this
As the school year approaches, parents are once again faced with the familiar challenge of buying all their school supplies. According to a recent survey, nearly eight out of ten...
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K&H Analyst Commentary: Households will receive support
In June, the gross average wage increased by 9.7 percent year-on-year, while the net average salary increased by 9.6 percent. Thus, the former exceeded 704 thousand forints, and the latter...
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Freedom24 analysis: the most important challenges and opportunities of the fall
As global markets undergo transformation driven by inflation, geopolitical tensions and technological disruptions, retail investors are approaching the autumn of 2025 with significant opportunities alongside heightened uncertainty. The online trading...
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Lidl versus pastry shops: the supermarket chain offers “Álmodózó” cheaper
As we reported earlier, the Hungarian Confectionery Industry Association expressed concerns that Lidl Hungary is offering the sugar-free national cake, “Álmodozó”, at a much lower price than the price offered...
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Wheat and corn prices are rising: latest market data from AKI
In Hungary, in the second week of August, table wheat was traded at an average producer price of 77 thousand forints/ton excluding VAT and transport costs – 1 percent higher...
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Several horticultural crops have been exempted from the EKÁER notification obligation
At the joint initiative of the National Chamber of Agriculture (NAK) and the FruitVeB Hungarian Interprofessional Organization for Fruit and Vegetables, an important amendment has been made to the regulation...
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JYSK opens its 101st Hungarian unit in Körmend
Continuous growth and expansion are of strategic importance to the operation of JYSK’s retail network, and in the 2024/2025 financial year, the company will open its third new Hungarian store...
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Employers can help with the start of school with a small gift
Companies may contribute up to HUF 29,000 to help employees with back-to-school expenses, said Szilvia Linczmayer, Head of Communications at the National Tax and Customs Administration (NAV), in an interview...
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New era at Lake Balaton, first the protection of natural values and public areas
The protection of Lake Balaton has reached a real milestone, as the government decree on the land use requirements of the lake’s waterfront areas (BATÉK) was published in the Hungarian...
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PFR Influencer & Talent – Another influencer agency among ÖRT members
ÖRT is further strengthened in the field of influencer marketing with the addition of PFR Influencer & Talent (PFR Group Hungary Kft.), one of the leading influencer agencies in our...
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Three-star global success for Sáppuszta pálinka
Sáppuszta Pálinkafőzde’s Sárga Vilmoskörte pálinka has been awarded a three-star rating at the 2025 Great Taste Awards, considered one of the most prestigious international competitions in the food industry. At...
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What can we do as parents beyond the world of school canteens and cafeterias?
Back-to-school season is not only about supplies but also about children’s eating habits. According to the Hungarian Dietetic Association (MDOSZ), today one in four primary school children is overweight, while...
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After 175 years, a new chapter begins in the life of the chambers of commerce
The launch of a new cross-border economic cooperation initiative and the introduction of a large-scale patronage program supporting cultural and creative industries were announced by Elek Nagy, President of the...
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LG launches award-winning designed upright vacuum cleaners in Hungary
LG is relaunching its vacuum cleaners in Hungary. The company’s new line of cordless, award-winning upright vacuum cleaners is now available in stores. The devices come with intense suction power,...
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SAP Hungary CEO resigns with immediate effect
SAP Hungary Kft. has confirmed that Szabolcs Pintér, the company’s CEO, is leaving with immediate effect, Telex has learned. Pintér has worked for the company since 2007 and was appointed...
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AM: we must protect EU funds for farmers
Farmers will go bankrupt if the new European Union budget comes into effect in its current form. Brussels wants to give the funds for farmers to Ukraine – stated István...
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A new weight loss drug may be on the horizon
In recent years, GLP-1-based drugs such as Ozempic and Wegovy, which were originally designed to treat type 2 diabetes but later turned out to be effective against obesity, have gained...
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Tourism developments in Fejér will cost more than 1.2 billion forints
The Fejér County Government is implementing tourism developments in the Danube-side part of the county and in the Bakony-Vértes region with a total of more than 1.2 billion forints with...
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The next round of applications for irrigation development projects will start in the fall
At the beginning of September, applications can be submitted again for support for smaller-scale irrigation developments within agricultural holdings, while at the end of the month, farmers planning complex investments...
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This is the first airline where overweight passengers have to buy an extra ticket
According to AP News, Southwest Airlines will introduce a new rule starting in September: passengers who cannot fit between the armrests of their seats will have to buy an extra...
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Romanian police uncover illegal cigarette factory in Sibiu County, Transylvania
Romanian police have uncovered an illegal cigarette factory in the village of Sellenberk (Selimbar) in Sibiu County, Transylvania. Nine members of the criminal gang operating the illegal factory have been...
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Several horticultural crops have been exempted from the EKÁER notification obligation
On the joint initiative of the National Chamber of Agriculture and the FruitVeB Vegetable and Fruit Interprofessional Organization, an important change was made to the legislation related to the operation...
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Store visit at Rewe To Go in Germany
Rewe Group has opened its first Rewe To Go store at a German motorway rest area – Rhynern Nord on the A2 – marking a new milestone in its convenience...
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Kroger announces corporate layoffs, structural changes
The company said the cuts impact less than 1,000 employees as the grocer continues shaving off costs. Kroger announced Tuesday layoffs of fewer than 1,000 corporate staffers, a company spokesperson...
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France’s Lactalis Strikes €1.9bn Deal For Fonterra’s Consumer Business
New Zealand’s Fonterra Co-operative Group said it will sell its global consumer and associated businesses to French dairy major Lactalis for NZ$3.85 billion (€1.9 billion). The sale includes Fonterra’s global...
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Knuspr Joins Swiss Markant Network
Knuspr, the German-based online supermarket, has become the first pure online grocery retailer in Europe to join the Swiss Markant network. The partnership, which begins in Germany, aims to streamline...
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István Nagy: The interests of Hungarian farmers come first, we will continue to maintain the import ban on Ukrainian agricultural products
Ukraine will not export either corn or wheat to Hungary until our country requests it – stated István Nagy, Minister of Agriculture, who received Tarasz Kacska, Deputy Prime Minister of...
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Race against time
Besides inflation, rising costs and labour shortage, changing consumer habits also pose a challenge to the Hungarian logistics sector. Due to the growth of online orders, the demand for express...
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