News and articles
Taxation of tips did not fulfill the hopes of the Romanian government
Taxation of tips did not fulfill the hopes of the Romanian government, much less tips were declared than expected, so less personal income tax was paid on this account for...
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Ski tourism is in great trouble
The past month was unusually warm not only here, but also in the Alps, where the traditionally cold and snow-covered landscape has already been replaced by spring green grass. Mild...
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New rental business manager at Prohuman – the goal is to activate the domestic workforce
From February, Balázs Izsó will continue his work in the Prohuman team as head of the temporary staffing business. With the arrival of the new manager, the goal of the...
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The European Commission would simplify the obligations and administrative burdens of farmers
The European Commission is proposing a number of short- and medium-term measures to reduce the administrative burden on EU farmers, the Brussels body informed on Thursday. Among other things, the...
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Russian Discounter MyPrice Makes Second Attempt To Crack Belgian Market
Russian hard discounter MyPrice, formerly known as Mere, hopes it will be second time lucky in cracking the Belgian market. After its previous attempt ended abruptly, the parent company has...
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Carrefour on track with ‘Digital Retail 2026’ strategy
Investment focus in CEE on Romania, while high competition in Poland lets franchise network dwindle Carrefour improves its financial soundness and moves ahead on its way to becoming Europe’s largest...
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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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