News and articles
Action opens 3000th shop in Italy
Action celebrates a milestone today, opening its 3000th shop in Europe. That honour was for Italy, specifically the town of San Rocco al Porto in Lombardy. Action’s 3000th store measures...
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Jägermeister Invests €6.7 Million in Sustainable Modernization of Production Site
German herbal liqueur maker Mast-Jägermeister has invested €6.7 million to upgrade its production facilities at its headquarters in Wolfenbüttel, focusing on expanding the company’s maceration process, where 56 natural ingredients...
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IGD’s Online Retail Trends Report 2025: Online grocery leading the charge as the fastest growing channel
Profitability Challenges Continue to Remain; New Revenue Streams Needed to Offset Higher Costs in Online Retail The online channel is forecasted to be the fastest-growing channel globally between 2024 and...
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Surveillance zones for avian influenza have been lifted
The laboratory of the National Food Chain Safety Authority has not detected any new cases of avian influenza since the beginning of May, so the authority has lifted the surveillance...
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KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased by 6.8 percent according to raw data, and by 5.0 percent adjusted for calendar effects (and Easter effects) compared to...
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FAO food price index fell in May
The benchmark global food price index fell in May from the previous month due to lower prices for cereals, vegetable oils and sugar, according to data posted on the website...
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Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased both month-on-month and year-on-year in April. According to data published by Eurostat, the statistical office of the European Union, retail...
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24 Hungarian manufacturers presented themselves at the 25th event of the Hungarian Food Business Program in Prague
The Hungarian Food Business Program’s jubilee 25th business meeting took place with a record number of participants, this time hosted by the capital of the Czech Republic, Prague. The aim...
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Industrial production fell by 5.0 percent in April
In April 2025, the volume of industrial production fell by 5.0, or 2.3 percent, adjusted for working days, compared to a year earlier. Based on seasonally and working day-adjusted data,...
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Exploited workers, luxury brands – a dark shadow cast over fashion industry profits
The global clothing sector has become a trillion-dollar business, but beneath the glittering surface lie serious human rights and social abuses. According to a recent report by the Clean Clothes...
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Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing have become key competitiveness factors in e-commerce — no longer merely operational necessities. At the 21st E-commerce Conference in Esztergom,...
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German industrial production fell in April
Industrial production in Germany fell more than expected in April, the statistics office (Destatis) said in a report on Friday. German industrial production in April shrank by 1.4 percent in...
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Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it is clear that the pasta manufacturing company has successfully taken on the challenges facing the sector and achieved outstanding growth...
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Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the beeco “eco-application” are announcing a voluntary water donation program in Budapest. Companies and individuals are already looking to join organized...
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Winemaker says it’s not enough to make good wine – you also need to provide an experience
The winemaking profession has long been about passion, tradition and artisanal values – but today it is increasingly defined by survival, creativity and market-oriented thinking. Domestic wine consumption is decreasing...
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HELL New Gen has arrived
HELL ENERGY presents its latest innovation, HELL New Gen, a new generation functional drink that responds to new consumer needs. The development of the product is a clear reaction to...
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Retail sales in Romania increased by 0.4 percent in April year-on-year
According to raw data, retail sales in Romania increased by 0.4 percent in April compared to the previous year, the National Institute of Statistics (INS) announced on Friday. According to...
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Consumers can look forward to “pick-your-own” sales this year as well
Although this spring’s weather was not kind to fruit growing, consumers can still find those orchards and plantations where they offer “pick-your-own” sales. It is therefore worth going with an...
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A battle for the throne in the furniture market: the competition between IKEA, JYSK and the Mömax–Möbelix–XXXLutz alliance
Three major players dominate the domestic home furnishing market: IKEA, JYSK, and MMXH Lakberendezési Kft., which includes the Mömax and Möbelix stores, to which XXXLutz has officially joined since 2023....
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130-year-old Sopron Brewery
The government continues to view the food industry as a strategic sector, which is why the sector – including domestic beer production – can count on significant support opportunities in...
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Why are apples cheaper in Poland? – Prices, VAT and agricultural strategy in the background
A model Polish economy and a conscious tax policy are behind the surprisingly low Polish food prices for Hungarian consumers – writes Pénzcentrum. A Hungarian TikTok video has once again...
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PwC: the rise of AI will not reduce, but increase the number of jobs
A mesterséges intelligencia (AI) térnyerése a félelmekkel ellentétben nem csökkenti, hanem növeli a munkahelyek számát, átalakítva a munkavégzést – mutat rá a PwC Magyarország az MTI-hez eljuttatott közleményében a PwC...
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Rice crisis in Japan: emergency imports and regulatory turnaround for stable prices
Rice prices in Japan have nearly doubled in a year, forcing the government to take extraordinary measures, especially in the shadow of Tokyo elections in June and national elections in...
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Algorithms control the shopping cart – this is how online platforms transform shopping decisions
Impulse buying is no longer just a consumer psychology, but a business model: Chinese e-commerce giants – led by Temu and Shein – have opened a new era in digital...
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WWF: The Government is committed to clearing our protected forests
The government ignored the president’s veto and, after some legal tricks, submitted the deforestation bill to the Parliament’s Legislative Committee without any changes. They did this knowing that the amendment...
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McDonald’s is coming to Siófok Plázs with a unique terrace built on the water
McDonald’s is expanding its domestic presence with a new music venue: Plázs is opening a “pop-up” restaurant in the heart of Siófok, right next to the main stage. The unit...
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Pentecost sailing schedule on Sunday and Monday on Lake Balaton
During the long weekend, Balatoni Hajózási Zrt. (Bahart) awaits passengers on expanded routes and in several ports compared to the spring season, and scheduled boats will also operate from all...
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It is important to show religious tourism sites, which is why the Peregrinus platform was launched
The Hungarian government considers it important to show the religious tourism sites of Székely Land and supports this with financial resources, which is why the Peregrinus.hu religious tourism platform will...
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AutoWallis increased its stake in Iniciál Group to 100 percent
AutoWallis Plc. has acquired an additional 40 percent stake in the Iniciál Group, thus increasing its stake in the company, which has a dominant position in the western Hungarian region...
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The key to the future: artificial intelligence and digital innovation in wealth management
The Hungarian wealth management sector has reached another milestone in its knowledge base: the study entitled “Digital Development and Artificial Intelligence Opportunities in Wealth Management Services” has been published, which...
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