Company and Personal News
This year again, more collections will be started to help shelter animals – SPAR shows online when and where
Support for cats and dogs living in shelters will continue in 2024 as part of the cooperation between SPAR Hungary and the National Animal Welfare Foundation. Last year, the initiative...
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We buy the most chocolate bunnies and chocolate eggs before Easter, and M-size eggs sell best
Sweets clearly generate the largest turnover in food retail before Easter, according to Tesco’s data. Easter products are already available in the department store chain’s stores at the beginning of...
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At Auchan, the prices of 7,000 products have been reduced this year
Compared to last year, a discount store’s worth of products became cheaper in Auchan hypermarkets, regardless of promotions. The more than 7,000 goods include staple foods, milk and dairy products,...
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Strong progress on Henkel’s sustainability goals
Henkel published its sustainability report for the fiscal year 2023 today, reporting on progress in the implementation of its global sustainability strategy, particularly in the use of renewable energies and...
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Last year, Hungarians spent more than HUF 400 billion on shopping abroad
Hungarians spent nearly 400 billion forints abroad on short foreign trips, primarily for shopping, according to recent data from the Hungarian Central Statistical Office (KSH). Despite a significant decline in...
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Domestic distillates in the center: the II. Árpád Párlat Cocktail Competition was a huge success.
The II. Árpád Párlat Cocktail Competition, organized by the Hungarian Árpád Pálinka Manufaktúra for the second time, exceeded all expectations. The number of applicants in the history of Hungarian cocktail...
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JYSK continues to expand in Hungary – they are opening two new stores
JYSK continues to expand its presence in Hungary and opens two new stores in March. Together with the units in Bicske and Várpalota, the company already operates 98 stores in...
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Strong headwind in the juice market
This article is available for reading in Trade magazin 2024/2-3 NIQ data reveals: the FJND market grew by 6.8% in value, with a 23.7% decline in volume sales in 2023...
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Hungarians lose their jobs because of Temu
The Hungarian e-commerce market is seriously threatened by the Chinese Temu, which is trying to overrun domestic online stores with dumping prices and aggressive advertising. According to digital marketing experts,...
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Kyiv is ready to limit Ukrainian food exports to the EU
Ukraine is ready to accept trade restrictions with the European Union in order to resolve the political dispute between it and Poland, but at the same time urges the Union...
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Coop to reduce the VAT rate on sanitary pads in Italy
Coop Italia has decided to absorb a recent VAT increase on sanitary pads in Italy, and has re-launched its campaign to reduce the tax rate on feminine hygiene products. Under...
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ChefGomba has a competitive advantage, thanks to Hungarian Product trademarks
With its ChefGomba products, Eurochamp Hungária Kft. also participated in the continuation of the “HUNGARIAN GIVES YOU MORE” campaign at the beginning of the year. This article is available for...
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However, it is not always necessary to offer Magyar Posta to webshops during delivery
It is mandatory for webshops to offer the possibility of delivery by Magyar Posta to the customer who qualifies as a consumer, on the website of the online store, if...
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Key tasks await agricultural graduates
Overall, our country is abundantly self-sufficient in vegetables and fruit thanks to the strength of the profession, for its future preservation and strengthening, the training of good professionals is essential...
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The payment of support related to Natura 2000 grasslands has begun
In the first round, nearly 7,000 farmers will receive support worth more than HUF 7.5 billion through the call for tenders entitled “VP4-12.1.1-16 “Compensation payments for Natura 2000 agricultural areas”....
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A Geo Terroir research group was established at the University of Szeged
The Geo Terroir research group, which helps the development of domestic agriculture, food industry and tourism, was established at the University of Szeged with the cooperation of experts from several...
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Hungary has been in the EU for 20 years: how have labor costs changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Uniform brand name, online contract signing – innovations for merchants looking for a payment solution
The popularity of electronic and mobile payment solutions among users and entrepreneurs is growing unstoppably, according to the MNB’s 2023 payment report, the proportion of electronic payments increased by 5-6...
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Agricultural cooperation with Mongolia is entering a new level
Minister of Agriculture István Nagy signed a letter of intent to strengthen agricultural and food industry relations, meeting with Javkhlan Bold, Minister of Finance of Mongolia, at the Ministry of...
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Croatia’s Podravka to invest in tomato processing
Podravka is spending €13m ($14.1m) on the project, which is expected to be completed this summer. Croatian food group Podravka is to invest in increasing its processing capacity for tomatoes...
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Interest subsidy programs help thousands of farmers
Interest subsidy programs that provide significant budget resources provide financing available to thousands of farmers, said the Secretary of State for Agriculture and Rural Development of the Ministry of Agriculture...
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Colruyt Commences Conversion Of Match And Smatch Stores In Belgium
Colruyt Group is commencing the integration and transformation of a majority of acquired Match and Smatch stores to the Comarkt (Comarché) banner. The Belgian Competition Authority (BCA) is expected to...
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Ultra-processed foods linked to 32 harmful health effects in BMJ report
Consumption of ultra-processed foods (UPFs) has been linked with the development of 32 adverse human health outcomes, according to a study published in the British Medical Journal. The umbrella review...
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In joint work with farmers for the development of agriculture
In our country, a strategic alliance has been established between the government and the farmers, so we are fighting with all our might to make Brussels change direction, which means...
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The Geo Terroir research group was established to help the development of domestic agriculture, food industry and tourism
The Geo Terroir research group, which helps the development of domestic agriculture, food industry and tourism, was established at the University of Szeged with the cooperation of specialists from several...
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Revolut offers a deposit, but it remains outside the protective umbrella of the Hungarian deposit guarantee
Revolut Bank, based in Lithuania and operating as a cross-border service provider in Hungary, has started actively collecting deposits, but it still does not apply for a Hungarian subsidiary bank...
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NAV found fake products and more than ten thousand e-cigarettes in a truck near Gyula
The financial inspectors of the National Tax and Customs Administration (NAV) found products with fake branding and more than ten thousand electronic cigarettes in a truck near Gyula. In a...
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The Sirha Budapest International Food Industry Exhibition has opened
The Sirha Budapest International Food Industry and HoReCa Trade Fair opened on Tuesday at Hungexpo. Minister of Agriculture István Nagy said at the opening that the government sees Hungarian agriculture...
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Producer prices decreased in January in the euro area and in the EU on a monthly and annual basis
Producer prices fell in January in the euro area and in the European Union, both monthly and year-on-year, according to a statement released on Tuesday by Eurostat, the EU’s statistical...
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Are firms hiding how climate change is affecting them?
Despite companies setting broad climate targets in response to investor pressure, 47% aren’t disclosing how they intend to meet them, according to EY’s global Climate Risk Barometer. This article is...
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