Company and Personal News
New simplifications in sustainability reporting
On July 11, 2025, the European Commission adopted an amendment to the sustainability reporting rules (“ESRS”), which specifically provides transitional relief for large, publicly listed companies falling under Wave 1....
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Three counties where Christmas is not the peak: retail trade is booming in the summer
Nationally, December is the peak month for retail: the holiday season and Black Friday push turnover 15–20% above the annual average, with Budapest seeing up to +25%. However, Somogy, Veszprém...
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SPAR’s logistics takes the next level with a 2.7 billion forint investment
SPAR Hungary spent more than HUF 700 million on the development of its logistics center in Üllő last year. This year, the company has invested around HUF 2 billion in...
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Hip hop as a fashion barometer – what do song lyrics reveal about the success of luxury brands?
If there were a job requirement that required listening to hip-hop every day, it would certainly apply to those working in the marketing and sales teams of major fashion houses....
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PENNY stores will be closed on August 20th
PENNY stores will be closed on August 20, the national holiday, while they will be open as usual on the days before and after the holiday. The holiday period can...
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Bubble tea: stock market fever, franchise boom and the “size vs. profit” dilemma
The bubble tea industry continues its rapid growth: according to Fortune Business Insights, the global market value could reach $2.83 billion by 2025 and $4.78 billion by 2032. This year,...
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Healthy choice, richer flavors – Celebrate new bread with organic and ancient grain flours!
In August, we traditionally celebrate bread baked from new grains, and the Ecological Agricultural Research Institute (ÖMKi) has also published its collection of ancient grain recipes on this occasion. The...
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Márton Nagy and Elek Nagy discussed the implementation of the Government-MKIK program
The implementation of the 2025–2030 strategic agreement signed between the Government and the Hungarian Chamber of Commerce and Industry (MKIK) for the period 2025–2030 was discussed by Minister of National...
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Bratwurst war rages in Germany
A minor gastronomic conflict has erupted between two German states, Bavaria and Thuringia: both claim the primacy of the famous Bratwurst, or fried sausage. The dispute is not only about...
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Survey: social utility is an important consideration when students choose a job
Social utility is a strong motivation for students when choosing a job: 80 percent of students are inspired if their work has a positive impact on the community; and 60...
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The Open Days Porta event series begins on Saturday
Next Saturday, the Open Days Porta event series will begin with the introduction of the Szatmár and Bereg regions, the organizers told MTI. Almost 30 producers will present their products...
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Every second employee works during their vacation
Hungarian employees often cannot fully complete their work tasks even during their vacation, and this is not only due to individual but also organizational reasons. Two out of ten employees...
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Yettel launches new initiative: customer service workers in the spotlight
Many people only visit customer service when they have a problem. However, few people think about who is on the other side and what an important job they do. That...
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Far fewer companies will have to answer sustainability questions
Although from July 1, banks will be required to collect more and more data and information from their clients taking out a minimum ESG questionnaire of HUF 500 million, the...
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The price of Novo Nordisk’s star drug drops significantly
Danish Novo Nordisk has announced a drastic price cut in the United States: one of the company’s most popular blood sugar-lowering drugs is now available for $499 per month (approximately...
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Starting school: the basic package is already 83 thousand, with a laptop 200 thousand
The price of basic school supplies is roughly HUF 83,000. If you add a cheaper laptop, the final bill can easily reach HUF 200,000 — according to Bank360’s back-to-school summary,...
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AutoWallis’ revenue grew by over 20 percent in the first half of the year, thanks to improved efficiency
Compared to the first three months of the year, the AutoWallis Group’s operating efficiency improved, and its sales revenue increased by nearly 21 percent to HUF 235 billion in the...
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Walmart extends employee discount to include nearly all grocery products
Walmart is giving its approximate 1.6 million U.S. employees a new perk. The country’s largest private employer is extending its 10% employee discount to include purchases of nearly all grocery...
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Kaufland launches in France
German ecommerce giant Kaufland has launched its marketplace in France. It is the sixth country where the marketplace is active. Customers in the country can now order over three million...
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Starbucks teases protein drinks, new food
After simplifying its menu, the coffee giant will focus on experiential beverages, artisanal foods and non-coffee drinks. Starbucks is building a menu innovation pipeline composed of premium coffee options, non-coffee...
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The Open Days Porta event series will begin next Saturday
The Open Days Porta event series will begin next Saturday with the introduction of the Szatmár and Bereg regions – the organizers told MTI. Almost 30 producers will present their...
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Another wave of price increases in poultry markets: the price of chicken breast has increased by 17 percent in one year
The prices of poultry products in Hungary have risen significantly in recent months, according to data from the Central Statistical Office (KSH). According to a report by RTL News, the...
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62,700 purchases – all previous records broken at ALDI’s Sziget store
ALDI has set up a pop-up store at the Sziget Festival for the eighth time. The range of products tailored to festival-goers, consisting of around 300 products, and the free...
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The world of Minecraft comes to life in SPAR stores
The characters from one of the world’s most well-known and beloved video games – including Steve, Creeper, Alex and Piglet – are now moving into SPAR stores as part of...
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Shein’s UK subsidiary had a strong year, but serious risks cloud the outlook
Shein’s UK subsidiary has posted strong growth in 2024 as the company prepares for a global IPO. The division reported a 32.3 percent increase in revenue to £2.05 billion in...
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MOL opened a Fresh Corner unit at Nyugati Railway Station
Ten years after the launch of Fresh Corner, MOL is once again taking the consumer experience to a new level: as part of a pilot project launched jointly with MÁV,...
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Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies, so we protect and support them with our decisions – said András Tállai, Deputy Minister of Agriculture in Edelény, at...
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TEDi store chain recalls flower-patterned glass cups due to risk of lead and cadmium leaching
The TEDi store chain has recalled flower-patterned glass cups from circulation due to the risk of lead and cadmium leaching, the National Trade and Consumer Protection Authority (NKFH) told MTI...
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This year’s Carpathian Basin Wheat Gathering Ceremony of the Hungarians’ Bread program was held
The Carpathian Basin Wheat Merging Ceremony of the Hungarian Bread – 15 Million Grains of Wheat program was held on Friday in Edelény. At the event, László Kövér, the Speaker...
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Adapt or disappear – this is how companies can stay competitive in the age of AI and crises
How can you stay afloat in a world where one day artificial intelligence turns the market upside down and the next day another economic shock shakes companies? The question facing...
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