News and articles
NAV’s audit plans for 2023 – the tax authority is going after the market
The tax authority recently published its audit plan for 2023, which shows that the tax authority quickly adapted to market changes. While the focus of the inspections is again this...
Read more
Akár 60%-os húsvéti árcsökkenés az ALDI-nál
ALDI Hungary significantly reduced the prices of products related to the holidays before the Easter period in order to help and make it easier for Hungarian families to prepare for...
Read more
CO-OP and Bonafarm are both committed to Hungarian food
On March 27, CO-OP Hungary Zrt. and the Bonafarm Group held a senior-level meeting on the situation of the Hungarian food industry and food retailing, as well as on further...
Read more
An important deadline is approaching for companies: the transfer price documentation must be prepared by May 31
In Hungary, roughly 15,000 to 20,000 companies are affected by the transfer pricing documentation obligation, i.e. the rules for recording transactions between affiliated companies. The professional preparation of transfer price...
Read more
Foodora is here: Hungarian users get a subscription program and a new image
Another important chapter in the evolution of foodpanda is coming to an end, as of May 1, it will continue to operate under the name foodora. As the next step...
Read more
No business without nature
We are constantly using up and losing our natural resources. The net zero targets set by governments and businesses to cover 70% of the global economy cannot be achieved without...
Read more
Pepsi is changing its logo
For now, only in North America, but starting in 2024, the Pepsi logo will change all over the world, reports CNN. According to the company, based on their tests, when...
Read more
On the long weekend of May 1, MKB Bank and Takarékbank will merge, this is what customers need to know about the transition
On April 30, with the legal merger of MKB Bank Nyrt. and Takarékbank Zrt., the nearly three-year merger process within the framework of Magyar Bankholding, which aims to create Hungary’s...
Read more
Lángos at Balaton will be terribly expensive
The guesthouse in Badacsony is considered especially cheap in Balaton: based on a map last year, only two out of 30 places had the plain flaming cheaper than HUF 800,...
Read more
This is how we consciously prepare for Easter!
Eggs, ham, corn salad and an endless list of cakes: every year Easter is preceded by several days of preparation, and then after the holidays some of the food ends...
Read more
Three + one things we didn’t know about Marco Rossi
Marco Rossi’s name has become synonymous with the Hungarian national football team in recent years. The Italian master has been leading the home team since 2018, but he has been...
Read more
UBM Holding Nyrt closed a successful half year
UBM Holding Nyrt. closed a successful half-year, achieving the highest 6-month sales revenue and profit after tax in the history of the company group. Compared to a year earlier, its...
Read more
AKI: producer prices for wheat and corn decreased compared to last year
The prices of food wheat, feed wheat and feed corn in Hungary have decreased significantly compared to last year, but none of them have yet reached the level of 2021...
Read more
Mars Petcare launch trio of new Pedigree multivitamins in the UK
Mars Petcare is debuting into the supplements category with the launch of a trio of new Pedigree multivitamins. Available now, each soft chew supplement contains 100% natural chicken, at least...
Read more
Continente Combats Food Waste With New Apple Cider Vinegar
Portuguese retailer Continente has launched a new own-brand apple cider vinegar SKU, made from apples that do not meet traditional aesthetic standards. The first batch yielded 30,000 litres of vinegar...
Read more
NAK: Transcarpathian Hungarian farmers received a seed donation
Transcarpathian Hungarian farmers received 500 bags of seeds donated by Hungarian producers and agricultural companies, the National Chamber of Agrarian Economy (NAK) told MTI on Wednesday. The donation was made...
Read more
Parents of Gen Alpha seek health – and fast food
A majority of parents with Gen Alpha children (age 9 and under) say it’s important to buy fruits, vegetables and other healthy food, but going to McDonald’s is another common...
Read more
Five and a half billion forints will go to ewes farmers
The payment of subsidies for ewes related to production has begun. The support financed by the European Union will be paid to more than 7,000 sheep farmers in the amount...
Read more
Bird, food – Picture of the day
The plates shown in today’s pictures are the works of New York food stylist Anna Keville Joyce. ...
Read more
Green hydrogen – sustainable future
Procter & Gamble (P&G) is dedicated to sustainable business operations and technological development. One of the company’s main objectives is to reach zero greenhouse gas emissions by 2040, in its...
Read more
The government is expected to extend the price freeze by 3 months
If the government is waiting for inflation to drop appreciably, it will only happen in the second half of the year. Therefore, it is not out of the question that...
Read more
Since mid-April, foodpanda has been operating under the name foodora
From the middle of April, the foodpanda food ordering platform will be operating under the name foodora, despite the change of brand name, the business model will remain unchanged –...
Read more
The expectations of German beverage manufacturers stand out from the food industry
German industry’s export expectations improved slightly in March, according to a survey published on Tuesday by the ifo economic research institute of the University of Munich. The mood among German...
Read more
ProWein 2023: The industry’s leading trade fair met expectations with success
The ProWein trade fair was a resounding success in 2023 as well, with an outstanding evaluation from all participant groups and a significant international exposure. Experts in the world of...
Read more
“I believe in miracles”
László Kovács, president of the Guild of Hungarian Restaurateurs (MVI) evaluated the past year for our magazine “Hospitality still feels the impact of the pandemic-induced crisis, both financially and mentally,...
Read more
The payment of subsidies related to Natura 2000 grasslands begins
By the end of the month, farmers will receive funds worth about HUF 12.5 billion through support related to Natura 2000 grasslands – announced Zsolt Feldman, the State Secretary responsible...
Read more
KSH: the gross average earnings are the lowest in the hospitality sector
In January 2023, the gross average salary of those employed full-time was HUF 528,000, and the net average salary calculated with allowances in mind was HUF 363,900. The gross average...
Read more
NAV: 1,050 packs of cigarettes with Bulgarian stamps were found in a van
Employees of the National Tax and Customs Administration (NAV) found 1,050 packs of cigarettes with Bulgarian stamps hidden in a van. According to NAV’s announcement on Tuesday, tax inspectors checked...
Read more
Waberer’s may pay dividends from its 2022 earnings record
The management of Waberer’s International may propose a dividend payment of HUF 100 per share, after it closed last year with the highest EBIT (earnings before interest and taxes) of...
Read more
Common thinking, aka food waste from a European perspective
The EU has put together a package of proposals related to reducing food waste with the involvement of EU citizens. Two Hungarian citizens participated in the creation of the 23-point...
Read more