News and articles
Sweet euphoria in Cologne
Between 2 and 5 February Cologne hosted ISM, the world’s leading snack and confectionery trade show, which reflected the global upturn of the industry despite growing challenges. More than 1,500...
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PENNY begins significant price cuts – prices of nearly 170 household products will decrease
Starting on May 30, PENNY Hungary has launched another large-scale price reduction, this time affecting a wide range of chemical products. The discount chain is reducing prices in a total...
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Pentecost opening hours at PENNY
It is also worth getting the most important ingredients in time for the long Pentecost weekend, as PENNY stores will be closed on June 8 and 9. Customers can still...
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Sanofi to buy US drugmaker for over $9 billion
French pharmaceutical company Sanofi is acquiring biopharmaceutical company Blueprint Medicines, a U.S. developer of drugs for the treatment of rare autoimmune diseases, for more than $9 billion, according to Sanofi’s...
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NAV: Monday midnight is the deadline for corporate tax returns
Corporate tax (TAO), small business tax (Kiva), food chain supervision fee, and local business tax (HIP) must be filed by midnight on Monday. It is worth submitting the returns by...
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Eurostat: the number of guest nights spent in EU tourist accommodation establishments decreased slightly in early 2025
The estimated number of nights spent in tourist accommodation establishments in the EU fell by 0.2% in the first quarter of the year compared to the same three months of...
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This year, the restaurants offering the best guest experience will be able to compete again
This year, they are looking for outstanding tourism and gastronomy players in the country who have contributed to the development and promotion of Hungarian tourism and food culture. Nominations for...
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LG’s new Swing smart monitor comes with a touchscreen and a flexible stand
LG Electronics (LG) has officially introduced the LG Swing smart monitor (model 32U889SA), which will be available in Hungary in the second half of the summer. The new display is...
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Fruit instead of sweets – a surprising promotion from foodora
Foodora celebrated Children’s Day this year with an unusual campaign, encouraging customers to choose healthy options over sweets with a fruit and vegetable promotion. This article is available for reading...
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KAKTUS FLEXI
Apple flavoured, jelly stick ice cream apple sorbet, with chewing gum flavoured coating and dried strawberry bits, 45ml. Thanks to the jelly consistency, the product doesn’t run after thawing and...
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Water tourism is experiencing a new renaissance in Hungary
It has been in the background for a long time, but with the support of the government, water tourism is now experiencing a renaissance in Hungary – stated the State...
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The country is making music again: the Music-Making Hungary 2025 program has been launched
Live gypsy music is playing again across the country – around 140 venues will host performances on the terraces of restaurants, cafés, bistros and tourist hubs as part of the...
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Consumer Trust in German Food Safety Reaches New High
Consumer confidence in the safety of food in Germany has risen to 89%, marking a three-percentage-point increase from the previous year, according to a representative Forsa survey commissioned by QS...
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Metro Partners With Multicedi In Italy, Makro Expands In Spain
Italian wholesalers Metro Italia and Multicedi have partnered to support the HoReCa sector in Southern Italy, namely in the Campania and Molise regions. In a first for Metro, its...
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Nestlé invests in Zimbabwe cereal manufacturing plant
The “strategic upgrade” includes the addition of a fourth roller dryer to produce its wheat-based cereal brand, Cerevita. Swiss food giant Nestlé has invested $7m to expand its breakfast cereal...
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Mol Limo has entered the classic car rental market
Mol Limo launched classic car rental on Monday, Mol Limo RENT A CAR is available 0–24 hours a day – the company told MTI. The car-sharing company told MTI that...
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Extras are becoming increasingly popular with home insurance
Additional coverages are becoming increasingly popular in home insurance. Among the most popular are, for example, insurance against flooding or the so-called home service, which provides quick assistance in the...
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Hungarian employers expect to expand their workforce more cautiously than before in the coming months
Overall, Hungarian companies are planning a small increase in staff numbers for the third quarter of 2025: during this period, 28 percent of domestic employers plan to expand their current...
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Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be protected against unjustified price increases, the prime minister said on Friday in Kossuth Radio’s Good morning, Hungary! program, adding that...
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Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food retail sector was spectacularly divided: while some chains closed with a heavy billion-dollar loss, others recorded a stable profit –...
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The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent years. According to SPAR data, the chain recorded a 40% increase in this category in 2021–2022 and a further 12%...
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More profit from interest than from meat – new ratios of Pick Szeged’s results
The operations of Pick Szeged Zrt. were characterized by seemingly modest growth in 2024, but looking behind the numbers, a specific trend that has been going on for years is...
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Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich meat products containing unique bioactive active ingredients has been developed by János Gulyás and Partners Ltd. from Felgyő in a...
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Auchan: multiplied profits in 2024 despite declining revenues
Auchan Hungary closed the 2024 business year with a spectacular increase in profits: it increased its after-tax profit of 586 million forints from the previous year by more than twelve...
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Euromonitor International 2025: everything for your pet!
The global pet care market is expected to reach the value of USD 215bn in 2025. The latest research by Euromonitor International highlights the key changes and growth trends that...
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Aldi Nord and Aldi Süd merge – One of the world’s largest discount chains could merge
After six decades of separate journeys, Aldi is preparing for a historic step: according to German press reports, the northern and southern divisions – Aldi Nord and Aldi Süd –...
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15 thousand people in Népliget: the 30th ALDI Women’s Running Gala was a celebration of women’s running
The first day of summer brought the biggest women’s running event in recent years, a true celebration of women, the joy of movement and togetherness. More than eight thousand participants...
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Two from three consumers expect a better shopping experience
According to The State of Customer Experience report of Genesys, consumers and business leaders are optimistic about how AI affects the customer experience: 64% of respondents believe AI will improve...
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An era ends, a new one begins – marketing leadership change at Eisberg
After two years, Judit Gál, the company’s marketing and communications manager, is leaving Eisberg, and her position will be taken over by Laura Spielmann from June 1. Laura Spielmann has...
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Cherries at a golden price, strawberries at a luxury price – why is fruit more expensive in Budapest than in Athens?
The Facebook page Vakmajom has highlighted shocking price differences in the markets of Budapest and Athens: the price of Hungarian cherries and strawberries is more than double that of Greek...
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