News and articles
VOSZ: the three-year wage agreement is extremely ambitious
The Secretary General of the National Federation of Entrepreneurs and Employers described the three-year wage agreement as extremely ambitious at a press conference in Budapest on Monday. László Perlusz said...
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2021 price levels again: ALDI significantly reduces the prices of its most popular products
ALDI Hungary is once again permanently reducing the prices of many products. The company’s measure affects 57 of the most popular and sought-after vegetables, fruits and fresh meats. Many vegetable...
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Luxury on a plate: the world’s most expensive Michelin-starred restaurants in 2024
Chef’s Pencil has published its list of the most expensive Michelin-starred restaurants of 2024, showing where the most exclusive and expensive tasting menus are offered. Japanese cuisine dominates the top...
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AI narration was created for the Hungarian Advertising Code of Ethics
The Self-Regulatory Advertising Board (ÖRT) has taken the next step in its education on ethical advertising and, in collaboration with the DOUPLA Advertising Agency, has created an audio narration of...
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K&H Sustainability Index: the breakthrough is still waiting
The latest results of the K&H Sustainability Index show that corporate commitment to sustainability stagnated in the second half of 2024. The index, which measures the sustainability performance of Hungarian...
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The implementation of gap-filling healthcare innovations has been given the green light
The BioTechUSA Health Awards were presented for the first time on November 22 at the Museum of Ethnography. An independent, five-member jury judged the large number of applications received in...
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DS Smith strengthens its presence in Hungary with a strategic investment
DS Smith, the leading supplier of sustainable, paper-based packaging solutions, is expanding its innovative presence in Hungary with a significant strategic investment of EUR 34.4 million, supported by the National...
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PDD Holdings and Temu’s challenges: weakening results, increasing competition and EU strictness
PDD Holdings, the Chinese giant that operates online shopping platforms Pinduoduo and Temu, is going through a difficult period. Its third-quarter financial results fell short of analysts’ expectations, while the...
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LG announces organizational changes to achieve its 2030 vision
LG Electronics (LG) announced a number of organizational changes and executive appointments following approval by the board of directors. The reorganization aims to help the company achieve its mid- to...
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The golden age of board games: a billion-dollar industry in Hungary
The world of board games has experienced unprecedented development in recent years, including in Hungary. The market, which previously featured only a few players, now has more than twenty publishers,...
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Ministry of Agriculture: Strengthening direct producer sales in focus
Sustainability is a key issue in all areas of our lives these days. From an economic and social perspective, the development of food supply chains that, in addition to strengthening...
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AgroVIR Kft. acquires the Hungarian operation of NEXT Farming software
On November 13, 2024, AgroVIR Kft. acquired a 100% stake in FarmFacts Hungary Kft., the distributor of NEXT Farming software. FarmFacts Hungary Kft. was previously owned by BayWa AG and...
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Publication helps farmers apply for the new Agri-Environmental Management Support
A new agri-environmental management program (AKG) will be launched in Hungary from January 1, 2025. The National Chamber of Agriculture has summarized information about the AKG in a handbook so...
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Q-Commerce Shoppers Opt For Smaller Basket Sizes, Notes DIA
Quick-commerce shoppers in Spain purchase baskets of smaller volumes and value, but shop on a weekly basis, an analysis of customers by Glovo and DIA has shown. Shoppers who opt...
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Shiseido launches sign language beauty consultations
The service uses sign language, lip reading, and chat. Shiseido has officially launched a free online beauty consultation service tailored for customers with hearing impairments. The service, available through its...
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A new era in streaming: 2.4 million Hungarian gamers and brands meet
Publicis Groupe Hungary has joined the inStreamly platform as an exclusive partner in Hungary, bringing unique, interactive advertising opportunities to the world of live gaming streaming, the popularity of which...
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NAV: Several pounds of frozen food found in a Budapest warehouse was destroyed
Among spare tires, used furniture and clothes, the financial inspectors of the National Tax and Customs Administration (NAV) Directorate of Operations found several kilograms of frozen food in a warehouse...
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Carrefour Italia Focuses On Franchising And Italian Organic Products
Carrefour Italia is implementing a recovery strategy focused on franchising expansion and its Act for Food programme. This follows a disappointing summer and a 3.5% drop in first-half sales, to...
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Fertilizer prices fell by almost 30 percent
Fertilizer distributors sold 1,044 thousand tons of fertilizer directly to farmers in the first three quarters of 2024, which exceeded the volume a year earlier by 25.2 percent. In addition,...
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(HU) Variációk egy témára: piknikasztal – A nap képe
Sorry, this entry is only available in HU....
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Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista Group, surveyed 4,312 users aged 18 and older across eight European countries (Austria, Bulgaria, Germany, Spain, France, Italy, Romania, and...
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Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into operation next March at Nestlé’s Central European regional coffee and cocoa powder production and filling center, which will cover nearly...
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Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by a decline in transaction numbers and a wait-and-see attitude, but experts at BDO Corporate Finance expect a recovery in the...
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The 3.01-liter soda bottle debate: Not a deliberate circumvention of the system, but a temporary solution
Regarding the controversy surrounding the 3.01-liter soft drink bottles appearing on the Hungarian market, the head of Üdítő Centrum Kft., Zsolt Fórián, clarified the situation. In a statement to the...
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Black Friday: From a one-day sale to a month-long shopping frenzy
Black Friday, the huge wave of price reductions that started in the United States, has now taken deep roots in Hungary. The shopping frenzy, which was originally limited to a...
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Hungarian family businesses invest in cooperation, not generational change
More than 20 percent of the 515,000 partnerships operating in Hungary today, or 130,000, are family businesses, where the owners are connected by some kind of kinship. Among them, there...
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Only two weeks left: thousands of Santas are running in downtown Budapest this year
The Santa Run season has begun, and after major cities around the world, such as Tokyo, Liverpool, Stockholm, Las Vegas, or even the Swiss capital, the red costumed running race...
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The #vadateszem campaign has been launched
The launch of the #vadateszem campaign, which also draws attention to a healthy and varied diet, is a new impetus in the promotion of game meat, said Dr. Beáta Olga...
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