News and articles
Wolt launches Wolt Ads, which contributes to the business growth of its partners
Wolt launched dedicated advertising opportunities for both local merchant partners (Wolt Ads for Merchants) and larger international brands (Wolt Ads for Brands). Services are available in most Wolt markets. Merchants...
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From Ransomware to “Pig Slaughter Scam” Visa’s recent report draws attention to the most common frauds affecting consumers and businesses
Visa has released the spring 2024 edition of its semi-annual International Fraud Report, which highlights the most common payment threats affecting consumers and businesses worldwide. “Criminals never go on vacation....
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A record number of entries were received for the Brillante-2024 International Pálinka and Distilled Competition
A record number of entries were received for the Brillante-2024 International Pálinka and Distilled Competition announced within the Gyula Pálinka Festival. The prizes will be awarded on May 18, the...
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The EU would close the gender pay gap
The European Union directive on wage transparency will soon oblige medium-sized and large companies to provide detailed reports on the salaries of their female and male employees. According to the...
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The rise of the global hotel industry seems unstoppable
The international hotel market had an outstanding year: in 2023, the sales revenue per available room exceeded the previous year by 13.5 percent and the average daily room rate by...
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What and how does Consumer Protection investigate advertising practice?
With a record number of people interested, the Self-Regulatory Advertising Board (ÖRT) organized its first joint workshop with experts from the Ministry of Justice (IM) regarding the activities of the...
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The new Hungaricum tenders are coming
This year, the Ministry of Agriculture is announcing a HUF 445 million Hungary tender, the aim of which is to strengthen the national identity, Zsolt V. Németh, Prime Minister’s Commissioner...
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IKEA is reducing its prices
Ikea is planning revolutionary changes in Germany, including massive price cuts and opening stores in city centers. The strategy announced by Walter Kadnar, CEO of Ikea in Germany, aims to...
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NAK and MAGOSZ initiated the announcement of the permanent water shortage period
Based on the extremely poor weather of the past period and the feedback from farmers, the National Chamber of Agriculture and the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives...
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OTP Mobil: We know that changing passwords is critical, but we still don’t do it
According to a recent survey, although three quarters of the population believe that passwords used on online platforms should be changed at certain intervals, one third of them do not....
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HUN-REN ATK researchers have discovered a new mechanism of resistance to plant virus infections
A new mechanism of plant resistance to viral infections was discovered by the researchers of the Plant Protection Institute of the HUN-REN Agricultural Research Center (HUN-REN ATK NÖVI) as part...
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Does Generation Z prefer to have fun online?
In 2024, partying will enter a new dimension: daytime parties are increasingly popular both domestically and internationally. Young people and young adults, as well as the older generation, are increasingly...
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István Jakab: Hungary has the right to protect the health of the Hungarian people
Hungary has the right to protect the health of the Hungarian people – stressed István Jakab, the president of the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives (Magosz) on...
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The ice damage mitigation system started its seventh protection season
On April 15, the National Chamber of Agriculture (NAK) put into operation the National Ice Damage Mitigation System (JÉGER), which thus began its seventh protection season. The system that sends...
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Spain’s Grupo Alimentario IAN buys local olives producer Interoliva
Spanish canned vegetables and ready meals maker Grupo Alimentario IAN has bought local prepared olives processor Interoliva. The sum of the deal was not disclosed. CEO, Alejandro Martínez, said the transaction would...
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Tesco rolls out AI refrigeration tech to cut energy costs by 10%
Tesco has implemented artificial intelligence (AI) technology to slash its energy costs by 10% and save over 385 tonnes of CO2e across its refrigerated distribution network. The pilot programme saw...
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The inspectors destroyed hundreds of propagating materials for fruit planting in the Ónod market
The inspection of the sale of spring grape and fruit propagating materials continued. At the beginning of April, experts from the National Food Chain Safety Office (Nébih), county government offices,...
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Kaufland to open its marketplace in Poland and Austria
Kaufland, one of the larger ecommerce platforms in Germany, is expanding to Poland and Austria this coming late summer. Schwarz Gruppe, the owner of Kaufland and supermarket chain Lidl, has...
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K&H is supporting young agricultural professionals again this year
The scholarship competition for sustainable agriculture, which is being announced by K&H for the 10th time, supports students in agricultural education, the company announced to MTI on Monday. The announcement...
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Samsung will showcase its connected lifestyle and built-in appliances at EuroCucina 2024
At the EuroCucina 2024 exhibition in Milan, Samsung will present its new premium kitchen appliances and the lifestyle they can offer in the context of connected homes. The event, held...
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AutoWallis oversold in retail in the first quarter and continues to expect meaningful growth
The AutoWallis Group’s Retail business had a strong start to this year, after increasing new vehicle sales by 16 percent, significantly exceeding the 7 percent increase in the Hungarian market....
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Nébih: hundreds of propagating materials for fruit planting were destroyed by the inspectors at the Ónod market
The spring inspection of the sale of grape and fruit propagating materials continued, during the action held at the Ónod National Animal and Exhibition Fair, the inspectors had to destroy...
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KSH: industrial production increased by 1.8 percent in February, the largest increase in the production of food, beverages and tobacco products
In February 2024, the volume of industrial production exceeded the previous year by 1.8 percent. Adjusted for the working day effect, production rose by 1.4 percent, the Central Statistics Office...
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NGM: the government will restart it in 2024 and further increase the rate of economic growth in 2025
After the successful suppression of inflation, the government will restart it this year and increase the rate of economic growth next year, and when the war is over, Hungary will...
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The GVH would introduce a labeling system showing environmental impact on foodstuffs
It would make it easier for consumers to make a conscious decision if food products were given a labeling system showing environmental impact, said the GVH’s chief economist in a...
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The price of bread is constantly rising
Minister of Agriculture István Nagy announced that the price of bread starts at 875 forints, but the price of the grain in it is only 53 forints. Despite the fact...
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ROSSMANN focuses on its exclusive brands
In ROSSMANN’s offer, in addition to the products of major international and own-brand brands, there are also products of exclusive brands that are either only sold by this drugstore-perfume chain...
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The price of poultry and pork is rising sharply
According to the latest report of the AKI (Institute of Agricultural Economics), the Hungarian poultry sector has significantly increased its exports to the EU, despite the fact that it is...
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Good news for companies: tax administration burdens are simplified
At the EU level, Hungary has made exemplary changes in the field of reducing tax administration in recent years, and the government continued this with the Event-based Data Service Platform...
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Péter Szijjártó: Next year, Hungary will once again be at the top of the EU economic growth rankings
Following the investment records, Hungary is confidently returning to the path of economic growth this year, and next year it will once again be at the top of the European...
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