News and articles
Two new PENNY stores opened in Northern Transdanubia in November
Two new PENNY stores opened their doors in the North Transdanubia region in November, further strengthening the company’s presence in the region. With the opening of the units next to...
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Stirred, not shaken
Hungary’s syrup market has undergone a spectacular restructuring in recent years. In 2024 there was a 3-4% sales decline compared to 2023, while in 2025 sales dropped about 10% from...
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Investment appetite among large Hungarian companies remains stable
Half of Hungarian large companies continue to face the coming year with a stable desire for development: 52 percent of companies plan some kind of investment or development over the...
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Nébih inspected factories producing both gyro skewers and raw materials – the operation of one factory was immediately suspended
The inspectors of the National Food Chain Safety Office (Nébih) conducted inspections in meat plants producing gyro skewers and gyro skewers. Due to the deficiencies found during the inspections that...
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NGM: ESG approach is increasingly dominant among investors
Competitiveness and sustainability are no longer two separate paths, but parts of the same modern economic policy logic that determine the future of Hungary; The ESG (environmental, social and governance)...
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The European Consumer Centres Network has been providing meaningful assistance for 20 years
The European Consumer Centres Network (ECC-Net) celebrates its 20th anniversary this year. The system provides assistance in around 130,000 cross-border consumer cases across Europe every year – and the Hungarian...
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Behavioral research has shown that those who are thrifty live greener lives
People who are financially frugal are more likely to behave in an environmentally conscious manner. On the other hand, those who love to shop tend to pay less attention to...
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A reimagined Christmas classic: Hungarian confectioners tested themselves for the first time in the Bûche de Noël competition
Almonds, oranges, chocolate: in the Christmas tree trunk competition organized in cooperation with the Hungarian Confectionery Industry Association and Debic, Krisztián Füredi’s dessert called Golden Seduction won the jury’s most...
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GVH President: digitalization is transforming competition and consumer protection law
The rise of digitalization and artificial intelligence is transforming competition and consumer protection law, said Csaba Balázs Rigó, President of the Hungarian Competition Authority (GVH) at the VII. At the...
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There is light at the end of the tunnel
Andreas Christou, managing director of RetailZoom gave a presentation on the current situation of the Hungarian retail market and changes in consumer habits at this year’s Business Days conference. This...
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Hungarian Food 2026 – Masters of the Future and the Flavors of Folk Tales on One Stage
The Étrend – Hungarian Chefs Association, together with the Hungarian Chamber of Commerce and Industry, the Szolnok Vocational Training Center, the University of Debrecen and the State Secretariat for National...
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National Mountain Judges Conference held in Cserkeszőlő – focus on the mountain village system and wine administration
Cserkeszőlő hosted this year’s National Hill Judges Conference, where professional organizations reviewed the current challenges of the grape and wine sector and the operation of the administrative system. The event...
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IFK: a new growth cycle has begun in real estate development
The domestic real estate development market reached a turning point in 2025: according to a recent sector analysis by the Real Estate Developers Roundtable Association (IFK), the spectacular expansion of...
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Scope Ratings affirms Vajda-Papír’s “B+” rating
Scope Ratings has affirmed the issuer and unsecured bond ratings of Vajda-Papír Kft. at “B+”. The affirmation of the rating reflects that the financial fundamentals of the company group remain...
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K&H Insurance won the MNB’s Green Finance Award
The Hungarian National Bank awarded K&H Insurance the Green Finance Award in the “Green Insurance and Treasury” category. The recognition is given to financial institutions that are at the forefront...
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Entries are now open for two prestigious wine competitions in Strasbourg
Entries opened on November 12 for the two major international wine competitions to be held in March 2026: the Mondial des Vins Blancs Strasbourg awaits the producers of white wines...
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Agroinform: Christmas fish won’t be more expensive this year either
The drought that has been going on since winter has posed a significant challenge for fish farmers, who are nevertheless closing out an average year overall. Producers are not planning...
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Project managers play a strategic role: this year’s winner of the Project Manager of the Year Award announced
The Project Manager of the Year Award, presented by the Project Management Excellence Board for the 25th time, has reached its anniversary year. This year’s award went to Ádám Bándy,...
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The government is taking action against drug-related crimes with a new regulation
The government’s new emergency decree has been published in the Hungarian Gazette, which allows for stricter action against violations related to the production, use, distribution and promotion of drugs. According...
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Profession.hu: the number of advertised customer service jobs has decreased by more than 10 percent since last year
The number of advertised customer service positions has decreased by more than 10 percent since last year, with the decline observed in positions related to telephone and personal contact, as...
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Egis Pharmaceuticals opens new factory in Budapest
Egis Pharmaceuticals Ltd. has handed over one of the largest-volume active ingredient production investments in its 112-year history in Budapest. The new, self-financed, 30 billion forint plant will produce the...
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According to a survey by OTP Bank, financial awareness among young people is growing spectacularly
The financial awareness of the Hungarian population continues to grow, and this is most noticeable among the younger generation – OTP concluded based on the financial institution’s self-care index research,...
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The boom in the industrial and residential real estate market is opening a new era in Hungary’s real estate market
The domestic real estate development market is back on a growth path in 2025: after last year’s difficult year, investment turnover could double this year, and next year – with...
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French-Hungarian cooperation for the future of European agriculture
The current EU agricultural support system must be maintained and the resources allocated to farmers must be preserved, and our country also counts on France in this fight, said István...
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Those who visit Tokaj now can have special experiences
As winter arrives in the Tokaj Mountains, a celebration of colors, scents and atmospheres welcomes you to Minaro Hotel Tokaj MGallery. The hotel’s winter program series “Magic Tales” evokes the...
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Digital commerce: slow and import-driven expansion
In total retail sales the share of e-commerce has grown steadily over the past decade: while in 2017 its global share had been around 10%, by 2023 it reached 20%,...
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According to Generation Alpha, we will look at jobs very differently by 2040
Generation Alphas expect radical changes in the world of work compared to their parents, according to new research – from the end of the daily commute and email to regular...
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A Hungarian general contracting company has published a voluntary ESG report
DAV Engineering Ltd. has prepared and recently made its sustainability report publicly available on its website. The voluntary step is still a rarity in the construction industry, which is responsible...
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The producer price of raw milk increased, the export price fell significantly in one year
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was 198.66 forints/kilogram in October 2025. In addition to the improvement in fat content by...
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No gin without alcohol, European Court rules
If it is alcohol-free, it cannot be marketed as “gin” in the EU. This is the ruling of the European Court of Justice, following a case concerning “Virgin Gin Alkoholfrei”...
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