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GKI’s economic sentiment index hardly changed in September

Business and consumer expectations in Hungary deteriorated for the fourth month in a row in August. In the case of consumer expectations, this continued in September, whereas the business confidence...

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Britain to re-introduce tax-free shopping for tourists

Britain is set to reintroduce sales tax-free shopping for international tourists to boost the country’s retail sector, says Chancellor Kwasi Kwarteng. A consultation will “gather views on the approach and...

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Ekonoke launches first beer made from fully hydroponic hops

Spanish hops manufacturer Ekonoke is growing fully-indoor hops in Madrid in a controlled environment that measures carbon dioxide levels, temperature, lighting, humidity and photosynthesis, allowing up to 52 harvests per...

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According to VOSZ, this is how companies could survive the energy crisis

The entrepreneurial community of VOSZ welcomes the recently announced government energy support package, with which energy-intensive manufacturing companies will receive effective help to maintain and continue their activities and energy...

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Hungary’s digital payment index is also above average at the regional level

For the second time this year, Mastercard measured our country’s Digital Payment Index, which measures the development of the market in the field of digital payments based on three main...

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Big companies stepped on the brakes again

The financial expectations of domestic companies have been on the decline since the end of last year. Sales expectations fell by 3 and profit expectations fell by 3.3 percentage points,...

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It is time to be active again!

András Palkó, marketing director of Coca-Cola HBC Magyarország reported to our magazine that sales of sports drinks are growing in both value and volume. “Coca-Cola distributes the Powerade brand, which...

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Millennials like e-commerce, deals, social media

A new survey reveals the increasingly digital shopping habits of millennial consumers age 25-40. According to the Millennial Shopping Habits Trend Report from real-time coupon code search engine and directory...

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Sustainability is an expectation in 2022

Customers, regulators and investors alike are putting pressure on companies to switch to less polluting and sustainable operations as soon as possible. The word “sustainability” that is thrown around so...

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Dr. Ildikó Fazekas received the Lifetime Achievement Award of the Hungarian Marketing Association

Every year, the Hungarian Marketing Association (MMSZ) recognizes and presents the most successful marketing leaders, the best marketing and digital solutions and campaigns of the year, as well as the...

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Recycling an aluminum can costs 95% less energy than producing a new one

It can be recycled countless times, it is light, and it perfectly preserves the freshness of the drink filled in it – this is why we love the aluminum can,...

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Ministry of Agricultural: the esteemed agricultural sector is capable of producing quality products

In addition to maintaining its traditional values, the Hungarian agrarian society is able to supply the population with sufficient, high-quality and safe food while enjoying the support of the government,...

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The supporting control campaign of drone plant protection service providers has begun

The National Food Chain Safety Office (Nébih) provides a supporting inspection to ensure that plant protection service providers with spraying drones perform their tasks in accordance with the law. During...

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Caffè Vergnano is gaining market share in the super premium category and is expanding with a training center in Hungary

Every second Hungarian starts the morning with an espresso, according to a joint survey of 2,500 people conducted by Coca-Cola HBC Hungary and gkid. The unbroken and growing popularity of...

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The food industry is booming

Hungary’s food industry has faced numerous difficulties in recent years, but thanks to the solid foundations, it is showing an improving trend in terms of efficiency and profitability, stated Dr....

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Energy emergency: the refrigerator consumes the most electricity

Five out of ten Hungarians cannot calculate the additional costs of operating household appliances in their homes in the future, even though 40 percent will pay up to HUF 30,000...

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Cyber threats have increased significantly

The number of cyber-attacks has increased significantly, and new types of threats have emerged that pose a particularly high risk to financial service providers. With 70 years of experience in...

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The SIMA exhibition in Paris will be held again in November

November 6-10, 2022 The SIMA international trade fair will be held again in Paris between The exhibition is intended to present efficient and sustainable agricultural solutions and technologies, which celebrates...

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Barna Tánczos: farmers perform the most important public service in protecting the environment

According to Barna Tánczos, the Minister of Environment, Water and Forestry of the Romanian government, farmers provide the most important public service for the protection of the environment. The politician...

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What’s the secret of the Huncut Szilva Herceg, Hungary’s Cake 2022? (x)

Once again, Debic products are used in Hungary’s Cake: the original recipe for the cake, fancyly named Huncut Szilva Herceg, includes Debic 32% cream and Debic Traditional Butter. We asked...

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There are 35 items that are cheaper than at this time last year: the Tunisian vacation is among them

There are only 35 items, out of the 927 items collected from the KSH sample, that were cheaper this August than a year earlier. Among the foodstuffs, parsley root costs...

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Kifli.hu also achieved outstanding results in the slowing market

Based on the first half-year report of GKID, the entire online daily consumer goods market increased by 13.3 percent compared to the same period of the previous year, and Kifli.hu...

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István Kapitány: The “journey” is what matters in a career

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues A career isn’t about positions, it is the “journey” that matters – says István Kapitány, Shell’s global executive vice president...

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Barry Callebaut to continue production in Belgian factory

In early August Barry Callebaut restarted production in its chocolate factory Belgium. The chocolate maker stopped manufacturing at the end of June, after discovering salmonella in a production lot. Lecithin...

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In Europe, lower crop yields are expected due to the summer drought

The extremely dry and hot weather that characterizes most of Europe in summer basically determines the expected crop yields: lower crop yields are also expected from corn and sunflower, according...

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A plastic recycling plant was handed over in Herend

A recycling plant was handed over in Jágerpark in Herend, in the new plant, granules are produced from agricultural plastic waste, which is used as a raw material for the...

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The Hungarian wine industry is getting stronger

All of the country’s features are suitable for producing high-quality wines from the excellent Hungarian grapes – said Dr. Márton Nobilis, the Secretary of State responsible for the food industry...

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KSH: it has been a long time since unemployment was this low

In August, the average number of employed persons aged 15-74 was 4,713,000, it remained above 4.7 million for the third month, and decreased by barely a thousand in one month....

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Profession.hu: fluctuation in the labor market is not always bad

The decision-making process of the HR profession has changed significantly in recent years, and changes in the economic environment typically affect the industry quickly and significantly. The epidemic situation, record...

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There is a serious problem with fruit and vegetable deliveries from Turkey

Spain’s LA UNIÓ urges the European Union to take action against vegetables and fruits from Turkey. According to LA UNIÓ de Llauradors i Ramaders, the Association of Agricultural Producers and...

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