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Inflation will slow next year, but food and energy prices will remain high
The players of the global corporate sector are increasingly pessimistic about the global economic outlook, and the mood is especially gloomy in Europe – according to the fourth quarter global...
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Cofidis Credit Monitor: kitchen money increased by 30,000 HUF , many people won’t even buy a Christmas tree this year
According to the results of the Cofidis Credit Monitor research, the majority of people would need 200,000 HUF per month to comfortably live off their income. Compared to last Christmas,...
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Mihály Varga: industry, retail and services also expanded
The Hungarian economy is resisting the harmful effects of the war and sanctions, as it grew by 4.1 percent in the third quarter and 6.1 percent in the first 9...
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Roland Berger: we need to rethink urban freight transport
Urban logistics, i.e. the transportation of goods within the city and delivery to customers, creates many challenges. As a result of the pandemic, the number of online orders has increased,...
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Climate, water and food security fears appear on the consumer radar
Consumers are more worried about climate change today than ever before. According to new research results from the 2022 Mintel Consulting Sustainability Barometer, the number of global consumers citing climate...
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Recession here or there, St. Martin’s Day was a success across the country
Goose buns and new wine – despite the recession, St. Martin’s Day was a success across the country. The economic crisis also made restaurateurs think, so instead of the main...
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MNB: a quarter of farmers’ loans are protected by the agricultural loan moratorium
A quarter of the loans of agricultural enterprises, sole proprietors, family farmers and primary producers benefit from the safety net of the agricultural loan moratorium announced in August, the Magyar...
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Climate protection pays off for companies, yet according to a survey, they do not do enough for it
Climate protection initiatives bring greater financial benefits to seven out of ten companies than expected, yet the majority of companies do not reduce their emissions to an extent that could...
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K&H: saving money in cash is a dead end
In today’s inflationary environment cash savings are losing their value the fastest. According to data from the Central Bank of Hungary (MNB), Hungarian households have about HUF 7,000bn saved in...
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Merger of the two biggest retail chains in the USA
Kroger Co. and Albertsons Cos. signed a USD 24.6bn deal in mid-October. Under the deal, Cincinnati-based Kroger plans to acquire all outstanding shares of Albertsons for about USD 34.10 per...
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Five good reasons to start mushroom farming
More and more investors are considering mushroom cultivation. Daniel Dajewski, CEO and co-founder of Agro-Projects Group explained: the costs involved in building a modern mushroom farm are arguably greater than...
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Nothing can stop development
28 September was a special day in the history of the Smurfit Kappa Group: they inaugurated the new production line in the Párkány production facility, which was built as part...
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Propagation vegetable cultivation needs continuous development
Continuous improvements are needed in order to strengthen the competitiveness of vegetable cultivation, the Minister of Agriculture stated on Tuesday in Szegvár. István Nagy said at the handover of two...
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K&H: the increase in prices is also clearly visible in children’s shopping baskets
In recent months, the younger age group experienced for themselves what inflation means: in October this year, 12 cocoa snails could be bought with a pocket money of 3,000 HUF,...
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(HU) Mercator minta nélküli, fehér csomagolással ösztönzi a gyerekek kreativitását
Slovenian retailer Mercator has repackaged some of its products popular among children to incorporate plain and more sustainable packaging. The aim of the initiative is to encourage children’s creativity, in...
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Tender for catching up with the poorest settlements
The Hungarian Maltese Charity Foundation has launched a tender to catch up with the country’s 300 poorest settlements. Non-governmental organizations, foundations, public foundations, and churches are invited to apply for...
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Coca-Cola Seeing ‘Encouraging Results’ From Alcoholic Beverages Launches
The Coca-Cola Company has said that it has seen ‘encouraging early results’ from its alcoholic beverage partnerships with Molson Coors and Constellation Brands, on the Simply Spiked Lemonade and Fresca...
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Sainsbury’s taps Checkout.com for payment innovation solution
Sainsbury’s has appointed Checkout.com as its payment innovation partner to help simplify and modernise its payment infrastructure. Checkout-free technology is the first stage of the long-term partnership, which is designed...
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Poultry farmers can apply for a frame amount of HUF 15 billion
In order to improve animal welfare conditions and prevent animal health problems, the Ministry of Agriculture launched a new animal welfare support scheme available to the poultry sector within the...
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Domestic retail chains are asking Brussels for help because of the price cap
The retail chains also present in Hungary are adversely affected by the price cap, so they turned to the European Commission to intervene due to the events affecting the market...
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Black Friday will take place this year as well, in which this time food also play an important role
This year, among those familiar with Black Friday, the number of people who plan to buy something on Black Friday has increased significantly – by 7.4 percentage points: 24.5 percent...
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Convenience stores can apply for more than 8 billion
Tenders for the support of shops in small settlements with a budget of HUF 8 billion will be launched in a few weeks within the framework of the Hungarian village...
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KSH: the production of the food industry increased by 1.4 percent in September
In September, the volume of industrial production exceeded a year earlier by 11.3 percent, and increased by 11.6 percent when adjusted for the working day effect. The seasonally and working...
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NAK: nearly 8 million Santa Claus chocolates are sold every year
The popularity of the hollow chocolate Santa figure associated with the Advent period is unbroken among customers year after year, and nearly 8 million pieces of this product are sold...
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Black Friday: there are stores where you would expect a discount of only 4-5 percent
In many places, Black Friday is not limited to November 25, but starts from the beginning of November – but everywhere the discounts are low, in some places they are...
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Christmas must be approaching now!
There are some commercials that the whole world looks forward to before the Christmas season. This is also the case with the John Lewis & Partners short film, which places...
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The acquisition of the Szallas Group has been completed: it was purchased for 82 million euros
One of the most significant Central European digital acquisitions in the tourism sector in recent years has been completed: Wirtualna Polska, listed on the Polish stock exchange, has acquired the...
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The conditions for irrigation development support have become more favorable
In order to successfully implement investments for the development of irrigation, the Ministry of Agriculture has increased by 30% the amount of expenditure that can be accounted for in connection...
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Food prices are also rising the most in Slovakia
Inflation reached another peak in Slovakia, rising to 14.9 percent in October from 14.2 percent in September. This means that the rate of inflation in our northern neighbor has not...
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We play to win
Members of POPAI Hungary Association met in Heineken’s new office on 8 September. National trade marketing manager Dániel Salem was the host, and the topic was the future of sales...
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