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Yettel confirms former colleague as new director
As the new leader, Dániel Bálint will lead Yettel’s Customer Experience & Customer Market Insight department. The professional returns to the company with nearly 15 years of experience in telecommunications,...
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Magosz general assembly: European farmers face major challenges
European farmers face major challenges after the European Commission plans to make serious withdrawals from EU agricultural resources and open EU food markets to food from third countries, including Ukraine...
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Temu signs agreement with IACC – joint action against counterfeiting
Temu, a global online marketplace, has signed a Memorandum of Understanding (MoU) with the International Anti-Counterfeiting Coalition (IACC) to deepen cooperation on intellectual property protection and expand efforts to combat...
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Beef prices rise in Hungary, the EU and the US
According to data from the United States Department of Agriculture (USDA), the price of a bull in the United States was 7.31 dollars (USD)/kilogram of cold carcass weight in March...
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Lidl Reports 9% Sales Growth In Romania, Boosts Organic Sales In Switzerland
Lidl Romania saw strong growth in 2024, reporting over RON 24.6 billion (€4.8 billion) in consolidated net turnover – a 9% increase, compared to 2023. The company invested more than...
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Store visit at American retail giant Costco Wholesale in Sweden
In a retail landscape where large-area formats are steadily losing ground across Europe, Costco is expanding with a model that defies the trend. The US wholesale giant will open its...
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The GVH’s latest knowledge-sharing event was about green claims
The Hungarian Competition Authority (GVH) has organized a conference for the seventh time within the framework of the Hungarian Compliance Academy (MCA). The latest event in the series of events...
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Spring agricultural work is almost over in May
The mild spring weather in April was favorable for crop production, but the cool, mostly dry weather in early May affected crops. Precipitation fell mainly in Transdanubia, but in some...
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Overweight, malnutrition, lessons learned: The impact assessment of the GYERE® Online Program has been completed
The Hungarian Dietetic Association (MDOSZ) has successfully concluded its three-year GYERE® Online Program, which ran from 2022 to 2025 in 24 primary schools across 24 Hungarian towns, involving 5,200 children....
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Bad times after good ones?
K&H’s large company growth index – which analyses the economic prospects and expectations of the biggest domestic companies – has returned to the level of the first quarter of 2024,...
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MeliBio’s Bee-Free Honey Technology Acquired by Swiss Foodtech FoodYoung Labs
MeliBio, a California-based developer of plant-based honey alternatives, has been acquired by FoodYoung Labs, a Switzerland-headquartered foodtech company specializing in vertically integrated food innovation. The acquisition includes MeliBio’s Mellody® brand,...
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A demonstration on arable land hay and green fodder took place in Tordas
In April 2025, Nébih organized a Hay and Green Forage demonstration in Tordas. The event, organized by the Directorate of Agricultural Genetic Resources of the office, was realized as a...
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The number of purchases made using smart devices has increased one and a half times in a year
Digital payments continue to make inroads, according to K&H’s own data. In the first quarter of this year, 19 percent more smartphone transactions were made than a year earlier. Turnover...
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The Hungarian countryside has undergone historic development
The Hungarian countryside has undergone historic development since 2010, but the investments required for this could not have been made if Ukraine were a member of the EU – the...
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Suntory to increase prices in Japan from October
Japanese drinks multinational Suntory is set to revise prices for its products in Japan as it grapples with rising costs. Suntory Beverage & Food Limited has announced it will “implement...
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Agrometeorology: Drought eased significantly
The rain in the second half of last week has eased significantly, but the summer heat coming next week will again worsen soil moisture conditions – wrote HungaroMet Zrt. in...
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Food Price Margin Reduction Extended Until the End of August
István Nagy, Hungary’s Minister of Agriculture, announced on his official Facebook page that the government has decided to extend the margin reduction on food products until August 31, 2025. The...
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Profitability of trade is decreasing – the government is opening up substantial resources
On May 28, Laurel Számítástechnikai Kft. held its 12th Retail Conference. In his opening speech at the event, which was held this time in the capital, Attila Bessenyei, the company’s...
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Rules on meat products are getting stricter – a new concept is also included in the regulation
A new regulatory amendment has been proposed in Hungary: the Ministry of Agriculture has initiated the revision of Decree 152/2009 (XI. 12.) FVM, which sets out the binding requirements of...
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EUDR country assessments – or which countries are at risk from deforestation
On 23 May, the European Commission published its country assessment guidelines supporting the implementation of the EUDR (Deforestation-Free Products Regulation) and the list of countries concerned. According to the regulation,...
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There will be a full house at the 10 km at the 30th ALDI Women’s Running Gala
Outstanding interest is building ahead of Hungary’s only women-only running event, the 30th ALDI Women’s Running Gala. According to the latest data from Budapest Sport Office (BSI), more than 7,600...
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Lidl is stepping in again: reducing the prices of more than 150 household and beauty products
Lidl Hungary is reducing and permanently keeping prices low. This time, the company is offering more than 150 household and chemical goods, as well as hygiene and beauty products at...
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10 artists, 1 cause, 1 SUPERALBUM – because every child’s voice matters
Banana Records, a publishing and creative agency, has launched a special music project about the power of music, collaboration and social responsibility. The collaboration album, Superalbum, stars children participating in...
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Young Hungarians cook at home – fast food is not trendy
The majority of Hungarian young people rarely or never go to fast food restaurants, preferring to cook at home – according to a survey conducted in January 2025 by the...
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KSH: the number of guests (1.4 million) in tourist accommodation establishments increased by 17 percent and the number of guest nights (3.4 million) by 16 percent compared to a year earlier in April
In April 2025, 1.4 million guests spent 3.4 million guest nights in tourist accommodation (commercial, private and other). The number of guests was 17 percent higher and the number of...
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MBH quick analysis: The tourism sector excelled in another month
After a strong March, tourism in Hungary continued to thrive in April: the number of guests at tourist accommodations rose by 17%, and guest nights by 16% – despite the...
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Stylers: two out of three companies plan AI automation projects in 2025
AI, business intelligence and automation will be the most import focus areas in technology this year, with cost and human resource constraints posing the biggest challenges, according to a Protechtor...
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Millions of wage demands and panoramic accommodation on Lake Balaton: a new reality in summer hospitality
The summer season at Lake Balaton hasn’t even fully begun, yet hospitality business owners are already facing exceptional challenges. As skilled workers become increasingly difficult to find, seasonal job applicants...
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Good cakes are not a luxury – what makes the pastry profession viable today?
Rising ingredient prices, labour shortages, burdensome regulations – yet customers still expect to find fresh, high-quality cakes at reasonable prices in Hungarian confectioneries. According to Balázs Erdélyi, President of the...
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