News and articles
The Accor hotel industry group achieved record results last year
Accor, the world’s leading hotel industry group, achieved a record EBITDA of more than 1 billion euros (earnings before interest, taxes and amortization) in 2023, and Accor also had a...
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Japan releases first official alcohol consumption guidelines
The document is an update of drafted guidelines first released by the ministry last December. Japan has published its first official guidance for alcohol consumption with the aim of reducing...
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The application wave starts in the spring
The drafts of the first calls for tenders for rural development published this year are already available and can be commented on on the CAP thematic page of the Ministry...
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Beyond Meat unveils its ‘most significant renovation to date’
The company’s fourth generation of its plant-based beef adds nutrient dense ingredients and replaces coconut and canola oils. Plant-based pioneer Beyond Meat unveiled Beyond IV, the fourth generation of the...
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NAK joined the call sent to the EU by EU agricultural interest representatives
The National Chamber of Agrarian Economy (NAK) has joined the Copa-Cogeca open letter, in which the EU’s agricultural producers and cooperatives are asking the president of the European Commission to...
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The latest issue of Trade magazine is out now!
The digital version is available with more content once again, and can be read by clicking on the front page below. All in all, we recommend you to read the...
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Fidelity Analyst Survey 2024 – Nobody’s Talking About Inflation Anymore
The past two years have been marked by the fear of how severe the first sustained economic slowdown since 2008 will be. Based on Fidelity International’s annual survey, it appears...
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1.1 tons of collected plastic bottles and rain of prizes
Henkel and Rossman organized the sustainability promotion of the popular “Game for a greener future” for the 7th time last year. The initiative won second place in the Non-food category...
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Semmelweis University and the BioTechUSA company group together against eating disorders
With the support of the BioTechUSA group of companies, the Psychosomatics Department of the Institute of Behavioral Sciences of Semmelweis University implemented an innovative self-help program for family-based treatment of...
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Now we can buy food up to 40% cheaper
The priority goal of PENNY Hungary is to always put budget-friendly and high-quality products in the customers’ baskets. That is why the department store chain will reduce the price of...
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Food for 15 billion HUF saved for the needy
Last year, the Magyar Élelmiszerbank Egyesület saved ten million kilos of expired and defective food from destruction from stores and manufacturers in order to donate it to people in need....
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Three new agency partners support McDonald’s digital marketing activities
The Hungarian McDonald’s has set itself the goal of building on the digital foundations laid in recent years to become a leading omnichannel brand that effectively connects the digital and...
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Péter Szijjártó: the Hungarian-Iranian agricultural cooperation agreement opens up new opportunities
The new agricultural cooperation agreement concluded between Hungary and Iran opens up new trade opportunities in the agricultural and food industry, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
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KSH: gross average earnings were HUF 655,600 in December 2023, 16.4 percent higher than a year earlier
In December 2023, the gross average salary of those employed full-time was HUF 655,600, and the net average salary calculated with allowances in mind was HUF 451,300. The gross average...
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Agrometeorology: the early development of vegetation may gain momentum again
The lower average temperature of the past week slightly restrained the premature, rapid development of vegetation, but it may gain momentum again due to the mild weather of the next...
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Italy’s Crai Targets €1b In Private-Label Turnover By 2028
Italian retail cooperative Crai plans to increase the turnover generated from its private-label ranges from almost €350 million to around €1 billion by 2028. The retailer plans to introduce the...
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Danone ‘to sell off operations in Russia’
Danone is reportedly intending to sell its operations in Russia to local dairy group Vamin Tatarstan. The reports have emerged a day before the French giant is due to release its...
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The farmers of the Visegrad countries demonstrated together
Czech, Slovak, Polish and Hungarian farmers held a joint demonstration. Organized by the National Chamber of Agriculture, the Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives, as well as the...
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Milk may become more expensive
Among the staple foods, the average price of milk is on the verge of further increase, having already shown a two percent increase in January 2024. According to a recent...
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Lidl UK looks for outside funding
The discounter wants to raise around 90 mn GBP from investors to build 12 new stores Lidl in the United Kingdom looks for new ways to finance its store network...
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The Body Shop is closing several stores
Popular beauty and cosmetic retail chain The Body Shop has filed for bankruptcy and is facing major restructuring. A significant number of its 198 stores in the UK will be...
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BNPL popularity rises among ‘financially fragile’ consumers
About 60% of that group used BNPL five or more times in the past year, compared to just over 20% of more stable consumers, the New York Fed said. “Financially...
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The price of farmland in Hungary fell for the first time in more than ten years last year
Last year, the rising trend of the land market, which had lasted for more than a decade and was around 10 percent per year, was broken. The average price of agricultural...
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We are consuming less and less pork
According to statistics, the consumption of pork by Hungarians shows a decreasing trend, although some dishes made from pork are still extremely popular. In a recent article, HelloVidék covered the...
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Quality products and extra discounts at Rossmann
Sometimes less is more. When it’s not about love, kisses and intimacy – it’s about prices. Would you like to spend less? There is no tragedy, you can always count...
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DODO is one of the most successful food suppliers in Europe
Despite the downturn in e-commerce, DODO achieved the highest financial turnover in its history with more than 63 million euros and became one of Europe’s most employed suppliers in the...
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They celebrate 170 years of beer production in Köbány with an animated film
In 1854, the first brewery in Kőbánya began operating. Dreher Sörgyárak celebrates the 170th anniversary of its founding and the continuous production since then with a series of programs, which...
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The new and the old: NIS2 and GDPR in corporate information security
If you had to name a law that was created specifically for the protection of information in the European Union, almost without exception, GDPR would be the first thing that...
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New Coca-Cola Creations appeal to K-Pop fans
Coca-Cola today unveiled Coca-Cola Creations’ latest beverage, Coca-Cola K-Wave Zero, which offers limited-edition flavors and experiences for K-Pop fans. The new Creations focuses on the growing popularity and audience of...
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A Hungarian expert was added to the WINA jury
Lounge Group’s creative director Péter Radovics also takes a seat in the hundred-person international jury. WINA, the World Independent Advertising Awards, will hold its prestigious international award ceremony in Monterrey,...
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