News and articles
Changing store landscape: rents, store closures and new opportunities in the retail real estate market
While prime shopping centers in Budapest are operating near full occupancy, national store closure statistics and declining numbers of commercial properties for sale present a mixed picture of the Hungarian...
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Lake Balaton accommodation prices in 2025: moderate price increase, but the high season may still bring surprises
As the long weekend and pre-season approach, more and more visitors are heading to Lake Balaton. According to a recent report by Pénzcentrum, accommodation prices are expected to rise only...
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Blacklisting for painting green?
Greenwashing (Hungarian: greenwashing) is the practice of presenting a business policy or a specific product as more environmentally friendly than it actually is. According to domestic experts, a change in...
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The domestic SME sector is cautiously waiting
In the case of domestic small and medium-sized enterprises, we can speak more of adaptation than of an increase in confidence in the economy, based on the K&H first-quarter SME...
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Visit Hungary: around seven hundred thousand people rested in Hungary during spring break
The desire to travel did not wane even after Easter, so 664 thousand tourists visited the Hungarian countryside during the April vacation period, and between April 17-27., accommodations received 36...
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The spring food chain inspection has been completed: nearly two tons of food were withdrawn from circulation
The spring seasonal food chain inspection period has concluded. Conducted between March 24 and April 18 under the coordination of the National Food Chain Safety Office (Nébih), the inspections focused...
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FAO food price index increased in April
The global food commodity price index rose in April, driven by increases in the prices of major cereals, meat and dairy products, the UN Food and Agriculture Organization (FAO) said...
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Six thousand people participated in the Feed Your Mind Sustainability Challenge
Nestlé for Healthier Kids and Okos Doboz’s joint educational initiative, Feed Your Mind, has reached another milestone. The educational program aims to help young people learn about environmental awareness and...
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We can wait months for a defective product to be repaired – what can the consumer do in such a situation?
The National Federation of Associations for Consumer Protection (FEOSZ) in Hungary is receiving a growing number of complaints about long delays in the repair of faulty products under warranty. Many...
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A new set of employee values is taking shape – or what does a “good workplace” mean today?
Randstad’s Workmonitor 2025 provides a comprehensive picture of how employees’ relationship with work is shifting – globally and in Hungary. Based on the opinions of over 26,000 employees, the report...
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Eurozone GDP growth faster than expected in the first quarter
Eurozone gross domestic product (GDP) grew more than expected in the first quarter, according to a preliminary report released by Eurostat, the statistical office of the European Union, on Wednesday....
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Co Lee stars in Zwack’s remastered music project: Unicum Live Session episode directed by Izabella Mazzag
The new Unicum Live Session episode was created by the meeting of two striking creative worlds: the indispensable figure of the Hungarian music scene, Co Lee, and one of the...
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Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to its slowest pace in 32 months in April, according to the purchasing managers’ index (BMI) from S&P Global and HCOB...
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Prada Group’s quarterly revenue grew significantly more than expected
Italian luxury goods group Prada reported stronger-than-expected revenue growth in the first quarter of this year. The Hong Kong-listed company said on its website that revenue rose 13 percent to...
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Competition Authority guidance for the fashion and textile industry on sustainability and eco-labelling
The international network of consumer protection authorities around the world has issued an open letter of advice to the fashion and textile industry players to promote the transparency of “sustainability...
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NGM: SZÉP card holders spent nearly 12 percent more on their cards in the first quarter of 2025 than last year
SZÉP card holders spent nearly 12 percent more on their cards in the first quarter of 2025 than last year, the Ministry of National Economy (NGM) announced in a statement...
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When buying cleaning equipment, value for money is more important than brand and reliability, according to a survey
Value for money is the most important consideration among Hungarians when purchasing household cleaning equipment. This is the primary consideration for half of those surveyed. When purchasing such equipment, efficiency...
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New TikTok craze in stores: Angel Hair chocolate is coming to Lidl
After Dubai chocolate, another sweet sensation is brewing on social media – Angel Hair chocolate, Pénzcentrum discovered. The spectacular and extra sweet confection will also appear on the shelves of...
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Tourism had a strong first quarter – sector outlook
Although tourist visitor traffic in March was 6% lower than last year’s level, the first quarter was still positive: the number of domestic guests exceeded the same period of the...
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The Croatian government adopted a resolution on new price measures
The Croatian government adopted a new price measure on Friday to increase consumer protection and transparency, Economy Minister Ante Susnjar announced after a cabinet meeting. The minister stressed that retailers...
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3 +1 interesting facts about effective hydration
As the summer heat approaches, it is especially important, but it cannot be said enough about adequate fluid intake. Hydration is vital in many ways: for example, it helps detoxify,...
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The Best of Sopron is starting!
Following the model of the Best of Balaton program, which has been operating successfully for years, the first to recommend our westernmost city, Best of Sopron, is launching. The ambassadors...
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MCI General Assembly 2025
At the end of February the general assembly of the Hungarian Confectioners’ Craft Union (MCI) met. In this article we summarise the most important elements of the annual report of...
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The board of directors has been renewed at KAVOSZ Business Development Co. Ltd. – Tamás Rátkai became the president
The board of directors of KAVOSZ, the financial enterprise dealing with direct lending, KAVOSZ Vállalkozásjesztelsezi Zrt., has been renewed, and the new management consists of Jenő Radetzky, László Krisán and...
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This year, 21 dog-friendly beaches and bathing areas await doggos across the country
The number of dog-friendly beaches in Hungary has increased: ten years ago, there were only 8, and this year there are 21 dog-friendly beaches and bathing areas waiting for dog-lovers...
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Csaba Kollár: “I am a humanist, but I really like AI”
Csaba Kollár was interviewed in Trade magazin’s Future Talks business podcast series by Szilvia Krizsó. In the article below you can only read excerpts – the full interview can be...
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Amazon’s quarterly profit jumps and revenue increases
E-commerce giant Amazon reported better-than-expected first-quarter earnings and revenue. The company reported adjusted earnings of $17.127 billion, or $1.59 per share, in the first quarter, up from $10.431 billion, or...
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Government price controls once again
Citing high food inflation, the government has introduced a new price control measure: from 17 March retailer’s margins on 30 basic foodstuffs can’t exceed 10%, calculated on the basis of...
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Travel fever did not subside even after Easter
The travel fever did not subside even after Easter, with accommodations welcoming 36 percent more guests between April 17-27 compared to last year’s spring break, the Minister of National Economy...
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OPUS GLOBAL Plc. has published its sustainability report.
OPUS GLOBAL Plc. has published its third sustainability report on its own activities and subsidiaries. In recent years, OPUS GLOBAL Plc. has made industrial production, energy, tourism, and agriculture and...
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