News and articles
Egg shortage in the United States: Major retail chains have introduced restrictions
The bird flu outbreak in the United States is becoming a growing problem, causing egg supplies to dwindle significantly and prices to skyrocket. In response, two major retail chains, Costco...
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LG develops specialized digital displays for various corporate sectors
LG Electronics (LG) showcased its latest digital display innovations at the Integrated Systems Europe (ISE) trade fair in Barcelona from February 4 to 7. LG’s booth, themed “Customized Solutions, Optimized...
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EU mobilises €200 billion in investment to develop artificial intelligence
The European Commission has launched the InvestAI initiative, which will invest €200 billion in the development of artificial intelligence (AI). The initiative was announced by Ursula von der Leyen, President...
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K&H customers can shop abroad at the average exchange rate
On February 10, K&H introduced a new, favorable cashback coupon that will significantly facilitate customers’ spending abroad. The essence of the offer is that with the activated coupon, customers can...
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Who are you if you eat peanuts? – Video of the day
The Asian hazelnut candy, made with a hammer, could even be the ancestor of Snickers....
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The fence is made of sausage, the roof is made of bacon – Picture of the day
Butcher decoration at a Banat fair....
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András Tállai became the State Secretary responsible for the food economy and agricultural vocational training
With the appointment of András Tállai, a new leader will lead the food economics and agricultural vocational training sector. The experienced politician and economist has gained leadership experience in numerous...
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KPMG: 78 percent of large Hungarian companies prepared a sustainability report last year
78 percent of the 100 largest Hungarian companies prepared sustainability reports last year, and they perform better than the world average in terms of emissions, KPMG announced on Monday. According...
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Chaos, indecision and uncertainty – this is why the opening of Mere in Hungary is delayed
The opening of the first store of the Russian discount chain Mere in Hungary has been delayed for more than half a year, and there is no guarantee that the...
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GKI analysis: Lagging exports, lagging labor productivity
The Visegrad countries are basically export-driven, open economies. This is clearly demonstrated by the fact that even Poland, which has the largest internal market, had exports of 58% of GDP...
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IKEA Hungary invested more than 5.2 billion forints in price reductions in the 2024 financial year in the name of affordability
In the 2024 financial year, IKEA Hungary invested nearly 12 million euros in price reductions, prioritizing affordability over profit. This strategic move supported a 2.3 percent increase in store visits,...
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Hungarians are being taken to Romania for shopping by bus
Romanian prices occasionally appear in Hungarian public discourse, but in reality it is not certain that it is more worthwhile to shop in Romania than in Hungarian shops. However, shopping...
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Regional e-commerce has reached a new level
Pepita Group Zrt. increased its domestic gross turnover by more than 24 percent in 2024 compared to 2023, while including foreign markets, the growth reached 39.3%. On average, a successful...
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Márton Nagy: can price stops come again?
Could price caps come again? – asked the Minister of National Economy in a Facebook post on Monday. “If necessary, we will intervene immediately in the interests of families!” –...
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The GVH is investigating the fulfillment of eMAG’s business support commitments
The Hungarian Competition Authority (GVH) is investigating whether eMAG is supporting Hungarian businesses in line with its commitment, the GVH told MTI on Monday. The Romanian-based e-commerce company undertook a...
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Gucci in crisis
Gucci has long struggled in the luxury market, and the constant rotation of creative directors has not helped matters. The brand is struggling to find its place in a market...
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The National Trade and Consumer Protection Authority urges caution during the Carnival holidays
The National Trade and Consumer Protection Authority (NKFH) is warning against excessive use of masks, wigs and costumes during the carnival season. Last year, 20 of the 37 costumes, masks...
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The desire to travel for leisure purposes has continued to increase
Not only did the desire for leisure travel for exotic and cultural cruises and city visits continue to grow last year, but passengers increasingly expect special, themed trips in addition...
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Nébih’s gift for the week of marriage: A wedding without leftovers
The National Food Chain Safety Office (Nébih) has prepared a special guide for the No Leftovers program for this year’s wedding week. In their publication, No Leftovers Wedding, they summarize...
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Pécs virologists examine UHT milk to predict epidemics
The National Laboratory of Virology (VNL) of the University of Pécs (PTE) has launched research into the examination of ultra-heat-treated milk in order to predict epidemics that spread from animals...
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K&H: perception of government measures in the SME sector is improving
Expectations regarding the government’s business-friendly measures among the managers of domestic small and medium-sized enterprises (SMEs) have improved significantly, by 8 points – according to the research data of the...
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Profession.hu: a diploma is a requirement in fewer and fewer job advertisements
For years, fewer and fewer job advertisements have required a diploma, and in 2023, only 21.5 percent of applicants were expected to have a higher education, according to Profession.hu. The...
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The biggest event in the fashion industry has started in Budapest
The Budapest Central European Fashion Week (BCEFW) began on Monday, with around 50 fashion industry events opening up to visitors across the capital, the organizer Hungarian Fashion & Design Agency...
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József Szigetvári continues in the PortfoLion team
József Szigetvári will join PortfoLion Capital Partners, a venture and private equity fund manager belonging to the OTP Group, as a Venture Partner from February, where he will support the...
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Valentine’s Day spending is expected to hit a new record this year
Valentine’s Day spending is expected to hit a new record this year – sales are not only expected to substantially increase in the US, but also in Germany. German retailers...
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André Palóc: the minimum wage will increase by more than 40 percent in the coming years
As a result of the wage agreement concluded last year, the minimum wage will increase by 9 percent in 2025, 13 percent in 2026, and 14 percent in 2027, which...
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Young people in focus: the second national Big Student AwarenessNet Test is launched
This year, February 11th marks Safer Internet Day. The aim of the world day, which has been held annually since 2009, is to draw attention to the importance of a...
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HelloFresh’s Ready-To-Eat Brand ‘Factor’ Launches In Germany
Meal-kit firm HelloFresh has launched the ready-to-eat (RTE) meal service ‘Factor’ in its home market, Germany. The launch follows the success of the direct-to-consumer brand in the United States, Canada,...
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Billionaire Daniel Kretinsky aims to delist Metro
Daniel Kretinsky plans to take the German wholesale group Metro private. The company’s management supports the Czech businessman, who currently already holds 49.99 % of Metro’s shares. Kretinsky has offered other...
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