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Let’s give 10,000 disadvantaged children a chance to read with understanding!
For many people, learning to read may be the only way out of deep poverty. According to United Way Hungary, it is not enough to put a book in a...
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TikTok Shop launches in Spain
TikTok Shop has launched in Spain today, according to various market observers and sellers on the platform. This marks the first country in continental Europe where TikTok users can shop...
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Plant-based brands risk losing consumer interest, says Flora exec
Flora Food Group marketing director Ian Hepburn has warned that plant-based brands need to prioritise taste and performance or run the risk of becoming too “niche” to consumers. Speaking to...
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Albertsons Terminates Merger With Kroger
Albertsons has terminated its $25-billion (€23.7 billion) merger agreement with Kroger after the US District Court in Oregon and the King County Superior Court for the State of Washington blocked the deal....
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Zalando acquires rival About You
Zalando is buying out its German competitor About You. Both platforms will continue to exist separately on the front end, but integrate behind the scenes (B2B). Zalando has launched a...
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Tesco expects biggest ever Christmas for no and low-alcohol
Tesco is expecting to see its biggest ever demand for low and no-alcohol drinks this Christmas. According to data from Tesco shared with The Mirror, shoppers are now purchasing no...
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The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping forward, which clearly shows the continuous change in shopping habits. When choosing a gift, the main consideration is the price-value...
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Manpower: labor market feedback shows improving economic outlook
Labor market feedback shows improving economic prospects, with 35 percent of domestic employers expected to expand their workforce in the first quarter of 2025, Manpower Hungary told MTI on Wednesday....
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They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which drew conclusions from the responses of more than 6,000 young people in Germany, France, Spain, Italy, China and the US...
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In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months ago and has become an integral part of everyday life, consumers are returning 5-6 million beverage packaging per day and...
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Company expectations: many employers plan to expand their workforce next year – Profession.hu
Domestic companies are preparing to recruit, and in many places they will also increase the necessary budget and the number of recruiting staff according to their current plans. Professionals primarily...
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Is crisis management really the most important skill in the business world?
In mid-November, at a conference on corporate digitalization, speakers presented case studies to show how the economic life of SMEs is evolving in the face of constantly changing trends, from...
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Zsolt Liptai became the winemaker of the year
The Hungarian Wine Academy (MBA) has awarded Zsolt Liptai, the chief winemaker of the Pannonhalma Archabbey, with the title of Wine Producer of the Year in Hungary 2024, the MBA...
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Small gas stations have taken a breather
Resolute action and mutual negotiation skills were needed to keep hundreds of small gas stations operating. With the help of their professional interest group VOSZ, they were able to convince...
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Tips for avoiding credit card fraud during the holiday season
The Christmas season is all about the joy of shopping, but fraudsters are also more active at this time. In the festive rush, we often buy in a hurry and...
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DélKerTÉSZ: record quantities of Hungarian vegetables in supermarkets
DélKerTÉSZ sold a record volume of Hungarian vegetables to domestic supermarket chains in the first eight months of 2024, and another milestone has also been reached: the Szentes-based producers are...
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Mondelēz Exploring Hershey Acquisition
Mondelēz International is exploring the acquisition of chocolate maker Hershey, Bloomberg News reported, citing people familiar with the matter, in what would create one of the world’s largest confectioners. Mondelēz,...
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Famous YouTube star donated the entire stock of an Edeka store in Berlin to those in need
MrBeast, one of the world’s most famous YouTube stars, has bought the entire stock of an Edeka store in Berlin and donated it to 15 local charity organisations. In his...
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Colruyt seeks expansion through drinks webshop Boir
Belgian retailer Colruyt Group opened a new webshop for drinks called Boir, aimed at an audience that drinks “less, but better” and looks for exclusive alternatives with or without alcohol....
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Anora Group’s expansion in the Baltic region
In order to strengthen its position in the Baltics, premium wine and spirits company Anora Group established Anora Lithuania on 13 November, with the headquarters in Vilnius. This article is...
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Prices rose by 3.7% in November
Following a 3.2% year-on-year increase in October, consumer prices in Hungary rose by an average of 3.7% in November. The latest figure is slightly higher than we expected, but in...
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KSH: in November consumer prices exceeded the same monthly values of the previous year by 3.7 percent
In November, consumer prices exceeded those of a year earlier by an average of 3.7 percent, and those of the previous month by 0.5 percent, the Central Statistical Office (KSH)...
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Lab-grown meat: the future of sustainable food production or a dead end?
In recent years, increasing attention has been paid to laboratory-grown meats, which many believe hold the promise of sustainable food production. However, the innovative solutions raise a number of questions...
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Márton Nagy: the government is keeping inflation low, the emphasis should be on increasing productivity
According to the latest data from the Central Statistical Office, inflation remained at a favorable, permanently low level in November, in line with preliminary government signals and market expectations. In...
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AM: the Szupermenta product test program provides additional information for purchase
The National Food Chain Safety Office (Nébih) Szupermenta product test program provides important additional information for conscious shopping – emphasized Olga Beáta Felkai, Deputy State Secretary responsible for the food...
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European Union launches another Innovation Fund round
A new round of the European Commission’s Innovation Fund is expected to open in November, with more than EUR 3bn in funding for companies to make green investments. This article...
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The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds, compliance with the rules on the identification and tracking of animals is expected. The Hungarian State Treasury carries out the...
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PENNY: committed to domestic values
In 2024 PENNY’s commitment to Hungarian products was particularly strong. This article is available for reading in Trade magazin 2024/12-2025/01 The retailer took three big steps in this direction. It...
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