News and articles
The BioTechUSA group of companies further strengthened its international position and closed the year 2023 with investments worth billions
Even in the difficult economic environment, the BioTechUSA group of companies remained on an upward trajectory, increasing its sales last year by almost 15 percent to HUF 90.49 billion, compared...
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The Waberer’s Group entered the fullfilment market with Unilever
WSZL, a subsidiary of the Waberer’s Group, manages nearly 800 article numbers and uses artificial intelligence devices to carry out picking tasks in Unilever Hungary’s B2C webshop called Unishop. Thanks...
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Designer shoes made from recycled coffee grounds by Nespresso
Nespresso and the French fashion startup Zèta created street shoes from recycled coffee grounds to draw attention to the importance of selective collection and recycling of coffee capsules. After Hublot,...
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Márton Nagy: retail trade and food consumption have picked up, tourism has grown by 15 percent
Economic growth will start again next year: after this year’s 2.5 percent, a 4.1 percent expansion is expected in 2025, the Minister of National Economy said on Wednesday in Debrecen,...
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According to experts, gastro-tourism is booming in Hungary
Gastrotourism is alive and well in Hungary, more and more people are coming to the country to get to know the masterpieces of Hungarian cuisine – the president of the...
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Chem-System Kft. from Nyíregyháza seeks to expand the production capacity of its private label hygiene products.
Chem-System Kft. from Nyíregyháza, which deals with the wholesale distribution and production of cleaning products, has developed its production technology largely from EU funds, about HUF 179 million, the company...
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PENNY reduced its energy consumption by 10%
Since 2018, the discount food chain has been working continuously to increase its energy efficiency and reduce its ecological footprint. Almost 6 years ago, the company introduced the ISO 50001...
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The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in the euro zone slowed down in March, according to the final data published by Eurostat, the statistical office of the...
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A lot of imported tomatoes arrive to Hungary
About 20,000 tons of tomatoes arrive in Hungary from abroad every year, especially in the period between October and March. Based on the information from FruitVeB, the Agricultural Sector highlighted...
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NAK is concerned about EU food safety in relation to imported products
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
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The quarterly income of the world’s largest luxury goods manufacturer, LVMH, decreased
The revenue of LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury goods manufacturer, fell by 2 percent to 20.69 billion euros in the first quarter of this year...
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PICK’s spring campaign invites you to go outdoors
In 2023, everyone got to know the concept of the word taste. The characteristic taste of PICK Winter Salami is able to evoke pleasant moments for us very intensely, we...
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Creativity and artistic expertise as the basis of business success?
A relevant question is how those who work in the art and culture field or who would come to this field as investors can build a brand that can be...
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Forward-looking data visualization solutions at the SAP and IFUA Horváth competition
The winners of the data visualization competition of SAP Hungary and IFUA Horváth have been announced. Fifty teams from the university and corporate spheres compared their skills. With the help...
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This is where Hungarians go on vacation in the pre-season
According to the announcement of the travel agency Invia.hu, exotic destinations are usually the most popular in the first quarter, when countries that offer sunny, mild weather even in the...
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Alcampo’s private label range grew by 5% last year
Spanish hyper- and supermarket chain Alcampo launched around 281 private label food, drug and perfume products last year, which meant a 5% rise in its private label assortment compared to...
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Uber received permission to enter the Hungarian market
The long road to Uber’s return has finally reached the finish line in Hungary, after receiving the license to operate in cooperation with Főtaxi. The Budapest Transport Center and the...
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Did you buy a used car from a webshop? These are the latest trends in the used car market
The year 2023 brought consolidation in the used car market, but the winds of recession and inflation can be felt in the segment. Customers are more aware, but mistrust is...
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An immediate revision of EU regulations on imported products is necessary
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
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Lucozade unveils biggest relaunch to supercharge UK drink sales
Lucozade has unveiled its biggest relaunch in the brand’s history, as it rolls out a new masterboard platform to supercharge sales of its drinks across the UK market. The “Bring...
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British inflation is at a two-and-a-half-year low
The pace of annual British inflation slowed to a two-and-a-half-year low in March. According to data presented by the British Statistics Office (ONS) on Wednesday, consumer prices were on average...
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Sándor Czomba: the proportion of guest workers is low, jobs cannot be taken away from Hungarians
Hungary belongs to the Hungarians, it is only possible to temporarily stay and work in our country for the purpose and legal title determined by the Hungarian state, and if...
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Consumers continue to blend in-store, online shopping methods
Nearly three-quarters of U.S. consumers are embracing the omnichannel shopping journey. Seventy-three percent of consumers blend online research, physical store visits and options such as buy-online-pickup-in-store or in-store returns before...
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REWE Opens Its First 100% Plant-Based Supermarket In Berlin
German retailer REWE has opened its first purely plant-based supermarket in Berlin, offering more than 2,700 vegan products. The store is the first vegan outlet for REWE Group, which operates...
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A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common Agricultural Policy), new calls for tenders have appeared, which are intended to promote the modernization and sustainable development of the...
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Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has bought German organic meat producer TofuTown, making it a key player in the European plant-based market. This article is available...
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Baileys Tiramisu Irish Cream Liqueur
Baileys Tiramisu, dessert in a glass. A combination of the delicious Baileys Irish cream liqueur and the distinctive flavours (mascarpone, espresso) of the authentic Italian dessert, tiramisu. This cocktail-inspired limited...
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Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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2024 could already be the year of growth in retail
This year could be the year of growth in Hungary after the previous year’s recession, to which we expect the expansion of consumption to make a substantial contribution. However, retail’s...
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Climate change will further increase food inflation
Rising temperatures and extreme weather events can have a serious impact on agriculture and food inflation, according to a recent study by the Potsdam Climate Change Research Institute (PIK). According...
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