Company and Personal News
The EU may soon lift the restrictions imposed on Hungary due to foot-and-mouth disease
In the optimal case, the European Union is expected to lift all restrictions imposed on Hungary due to foot-and-mouth disease within days – emphasized István Nagy, Minister of Agriculture, on...
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Norma Launches New Digital Discount App
German discount retailer Norma is expanding its digital offering with the launch of its new Norma Plus app, that went live on June 2. The app allows customers to access...
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Feed corn prices have decreased
The USDA’s May projection indicates a global corn harvest of 1,265 million tons in the 2025/2026 marketing year, almost 4 percent higher than in the 2024/2025 marketing year. Utilization is...
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X-Fit Kft. withdrew biscuits from sale due to allergen
X-Fit Kft. has recalled the Myprotein brand Gooey Filled Cookie Double Chocolate and Caramel Flavour 75 gram product from circulation due to an undeclared wheat allergen, the National Trade and...
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Collaboration is needed for successful water management
We can only achieve results in the field of water management by collaborating and changing our perspective: the cooperation of farmers, the water sector, local governments and the state is...
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The National Trade Association held its general meeting
At its annual general assembly, the National Trade Association (OKSZ) reaffirmed some of its previous office holders and elected new ones. In addition, the assembly approved amendments to the statutes...
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Coop achieved sales of 860 billion in 2024
Thanks to an increase of about 4 percent, the COOP Economic Group achieved sales of 860 billion forints in 2024, it was announced at the general meeting of CO-OP Hungary...
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Digital leap in HR – SPAR innovates with artificial intelligence and e-learning
SPAR welcomes its employees with a new career site, recruitment system and e-learning opportunities. SPAR Hungary has completely revamped its career site and recruitment processes to address potential employees in...
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Still on the border: manufacturing growth slowed in May
In May 2025, the seasonally adjusted Purchasing Managers’ Index (PMI) stood at 50.1 points, barely remaining in expansionary territory. This figure is not only below April’s result but also significantly...
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The Hungarian Village Program is relaunching with a budget of ten billion – settlements with fewer than five thousand inhabitants can apply from July 2
The latest tender phase of the Hungarian Village Program will start again with a budget of ten billion forints, announced Alpár Gyopáros, the government commissioner responsible for the development of...
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You will have an impact on the world – CETIN Hungary has launched an employer branding campaign
The short video at the heart of the campaign shows what our everyday lives would be like without mobile infrastructure. CETIN Hungary is Hungary’s first mobile telecommunications infrastructure provider. The...
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The crisis at Pápai Hús Kft. deepens while competitors grow
Pápai Hús Kft. closed 2024 with a heavy loss, which has been generating a billion-dollar deficit for the third year in a row, the Agrársektor reported. The company’s after-tax profit...
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Sweet euphoria in Cologne
Between 2 and 5 February Cologne hosted ISM, the world’s leading snack and confectionery trade show, which reflected the global upturn of the industry despite growing challenges. More than 1,500...
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PENNY begins significant price cuts – prices of nearly 170 household products will decrease
Starting on May 30, PENNY Hungary has launched another large-scale price reduction, this time affecting a wide range of chemical products. The discount chain is reducing prices in a total...
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Pentecost opening hours at PENNY
It is also worth getting the most important ingredients in time for the long Pentecost weekend, as PENNY stores will be closed on June 8 and 9. Customers can still...
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Sanofi to buy US drugmaker for over $9 billion
French pharmaceutical company Sanofi is acquiring biopharmaceutical company Blueprint Medicines, a U.S. developer of drugs for the treatment of rare autoimmune diseases, for more than $9 billion, according to Sanofi’s...
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NAV: Monday midnight is the deadline for corporate tax returns
Corporate tax (TAO), small business tax (Kiva), food chain supervision fee, and local business tax (HIP) must be filed by midnight on Monday. It is worth submitting the returns by...
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LG’s new Swing smart monitor comes with a touchscreen and a flexible stand
LG Electronics (LG) has officially introduced the LG Swing smart monitor (model 32U889SA), which will be available in Hungary in the second half of the summer. The new display is...
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Fruit instead of sweets – a surprising promotion from foodora
Foodora celebrated Children’s Day this year with an unusual campaign, encouraging customers to choose healthy options over sweets with a fruit and vegetable promotion. This article is available for reading...
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Consumer Trust in German Food Safety Reaches New High
Consumer confidence in the safety of food in Germany has risen to 89%, marking a three-percentage-point increase from the previous year, according to a representative Forsa survey commissioned by QS...
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Metro Partners With Multicedi In Italy, Makro Expands In Spain
Italian wholesalers Metro Italia and Multicedi have partnered to support the HoReCa sector in Southern Italy, namely in the Campania and Molise regions. In a first for Metro, its...
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Nestlé invests in Zimbabwe cereal manufacturing plant
The “strategic upgrade” includes the addition of a fourth roller dryer to produce its wheat-based cereal brand, Cerevita. Swiss food giant Nestlé has invested $7m to expand its breakfast cereal...
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Mol Limo has entered the classic car rental market
Mol Limo launched classic car rental on Monday, Mol Limo RENT A CAR is available 0–24 hours a day – the company told MTI. The car-sharing company told MTI that...
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Extras are becoming increasingly popular with home insurance
Additional coverages are becoming increasingly popular in home insurance. Among the most popular are, for example, insurance against flooding or the so-called home service, which provides quick assistance in the...
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Hungarian employers expect to expand their workforce more cautiously than before in the coming months
Overall, Hungarian companies are planning a small increase in staff numbers for the third quarter of 2025: during this period, 28 percent of domestic employers plan to expand their current...
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Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be protected against unjustified price increases, the prime minister said on Friday in Kossuth Radio’s Good morning, Hungary! program, adding that...
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Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food retail sector was spectacularly divided: while some chains closed with a heavy billion-dollar loss, others recorded a stable profit –...
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The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent years. According to SPAR data, the chain recorded a 40% increase in this category in 2021–2022 and a further 12%...
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More profit from interest than from meat – new ratios of Pick Szeged’s results
The operations of Pick Szeged Zrt. were characterized by seemingly modest growth in 2024, but looking behind the numbers, a specific trend that has been going on for years is...
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Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich meat products containing unique bioactive active ingredients has been developed by János Gulyás and Partners Ltd. from Felgyő in a...
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