Company and Personal News
Amazon’s latest concept, Amazon Grocery opens in Chicago
Amazon’s latest experimental supermarket has opened on 3,800m² in Chicago’s upscale Near North Side neighbourhood. The e-commerce giant’s store, called “Amazon Grocery”, is located in a space formerly used as...
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Bolt and Starship launch autonomous home delivery service in Estonia
Estonian firms Bolt and Starship Technologies have launched an autonomous grocery delivery service in Tallinn. It is the first of its kind in Europe and is the result of a...
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Jumbo uses zero-emission vehicles to deliver goods to Amsterdam stores
Dutch company Jumbo is using zero-emission electric trucks, called “Oxygen”, to deliver goods to its stores in Amsterdam. The recently acquired vehicles were developed by Renault Trucks in collaboration with...
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Carrefour teams up with Bringo to collect packaging waste in Romania
In partnership with food delivery service Bringo, Carrefour is collecting used packaging in Romania. As part of the initiative, customers of any Carrefour hypermarket will be able to return empty...
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Arla Foods to buy Egyptian dairy company
Arla Foods has made an acquisition offer for Egypt’s Arabian Food Industries Company (Domty), with a price per share of EGP 31.48, representing a total consideration of EGP 8.897m (EUR...
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Innovation, sustainability and Hungarian identity in the logistics market
The Foxpost story began as a Hungarian start-up in 2014, with the goal of offering a convenient, sustainable and efficient parcel delivery solution for online shoppers. This article is available...
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It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the Martin’s Day table. According to the overview of the National Chamber of Agriculture and the Poultry Product Council, there is...
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Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to eat goose, and according to this, goose roast is an indispensable delicacy in Hungarian kitchens. However, due to the bird...
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Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer protection, is launching an extraordinary consumer protection investigation at the largest food courier companies, Márton Nagy’s ministry announced. The measure...
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They are further tightening the rules for exchanging glass: new restrictions in supermarket chains
Some supermarket chains have introduced new restrictions in the glass redemption system, which affect not only the maximum limit of the amount that can be paid, but also when the...
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Ryanair’s profit decreased in the first half of the business year: a moderate result despite an increase in revenue
Ryanair, one of Europe’s largest low-cost airlines, posted a significant drop in profits in the first half of this financial year, which lasted until the end of September. According to...
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Omnichannel Scale 2024: How can Hungarian retailers remain competitive?
The Omnichannel Scale 2024 study gives a comprehensive overview of how retailers can seize the opportunities, while facing the challenges of implementing an omnichannel strategy. This article is available for...
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Starbucks’ holiday beverage lineup has arrived: new flavors and nostalgic favorites for the winter months
With the arrival of the cold months, Starbucks is once again bringing you special drinks of the holiday season that perfectly match the mood of the winter season. In addition...
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Hungarian AI software rewrites the international business world in hospitality
AI-powered Everguest Intelligence offers a complete solution for the everyday tasks of tourism and hospitality professionals. This article is available for reading in Trade magazin 2024/10 100% Hungarian developed Everguest...
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The Association of Managers’ Countries and the National Association of Entrepreneurs and Employers signed a cooperation agreement for the future of management training
The National Association of Managers and the National Association of Entrepreneurs and Employers (VOSZ) solemnly signed their strategic cooperation agreement, which strengthens the cooperation between the two organizations in the...
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A wave of fee increases is coming at domestic banks
Significant fee increases are expected at Hungarian banks from January 2025, after the stop on fee increases previously introduced by the government expires. OTP Bank has already announced the new,...
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According to a study, e-mobility is also expanding in domestic transport
The greening of freight transport is inevitable, and the proportion of e-vehicles in Hungarian logistics will increase in the next five years, according to industry research commissioned by Siemens. The...
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A new player in the Hungarian air market: Hungary Airlines can start in December
According to the report of the international air freight portal Cargo Facts, the airline operating under the name Hungary Airlines Kft. may start operations in Hungary in December. This news...
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Artificial intelligence has become a constant companion for bank customers
In one year, more than one million conversations and six thousand transfers per month are made with Kate, K&H, the country’s only voice-based digital financial assistant powered by artificial intelligence,...
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K&H: the “money teachers” competition starts
K&H has introduced a new special award called “K&H TikTok money teacher” for the 15th anniversary season of K&H Vigyázz, ready, money! in the framework of a financial competition, K&H....
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Lidl GB To Open 10 New Stores Before Christmas
Lidl GB has announced an expansion programme that will open ten new stores and create around 400 new jobs across the UK before Christmas. The expansion plan includes locations at...
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Curly hair, skin care, and sun protection lead 2024 beauty trends
There is an increasing demand for products tailored to curly, coily, and Afro-textured hair. Curly hair care, proactive skin care, and multifunctional sun care are driving new product launches and...
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Sándor Czomba: the number of registered job seekers continues to decrease
Based on data from the National Employment Service, there were 226,219 registered job seekers in October 2024. Their number decreased by 2,000 compared to the previous month, and slightly further...
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Nestlé eyes sales jobs cuts in France
According to trade union CFDT Agri-Agro, Nestlé is looking to axe 148 jobs as part of moves to “drastically reduce” its sales force in the country. Nestlé is planning to...
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Adony Logisztikai Központ Kft. implemented development based on artificial intelligence
Adony Logisztikai Központ Kft. has implemented development based on artificial intelligence and sensor technology – the company operating the intermodal logistics center told MTI. The company won HUF 793 million...
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Idea fair in Kansas
On 7-8 October the Shop! Ideation conference, the biggest event of POPAI Hungary’s parent organisation, was held in Kansas City (USA). This article is available for reading in Trade magazin...
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A view from the NIQ lighthouse
The October meeting of POPAI Hungary was held at the NielsenIQ headquarters. This article is available for reading in Trade magazin 2024/11 Managing director Erik Vágyi welcomed participants, describing the...
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In September only the trade outlook deteriorated significantly
In September domestic business expectations didn’t change very much. After July and August, the GKI Business Confidence Index was lower in September than in August only within the margin of...
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Lower poultry prices
According to AKI’s slaughtering statistics, 487.3 thousand tonnes (live weight) of poultry were slaughtered in Hungary in the first eight months of 2024, 10.9% more than in the same period...
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Winners of the HUNGAROPACK Hungarian Packaging Competition in 2024
The National Association of Packaging and Materials Handling (CSAOSZ) organised the 41st HUNGAROPACK Hungarian Packaging Competition in 2024. This article is available for reading in Trade magazin 2024/11 Several of...
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