News and articles
GKI: Is domestic consumption weak?
Some domestic economists are looking for explanations for the anomaly called the “consumption puzzle” by the Minister of National Economy. In other words: why does this year’s strong real wage...
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The domestic and EU pork sector faces difficult years: what can be expected in the future?
The domestic and European pork industry has been struggling with serious challenges for years. Rising purchase prices, falling consumption, and the change in the social perception of the sector all...
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Growing transactions: electronic payments gained new momentum in the second quarter of 2024
After the seasonal decline experienced in the first quarter of the year, the turnover of POS terminals and the number of completed transactions started to increase again in the second...
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This could be the antidote to the declining Hungarian beer consumption
Beer consumption has shown a decreasing trend in Hungary in recent years, but at the same time, quality has come to the fore and consumers can choose from a never-before-seen...
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One of the leading players in the Hungarian baking industry is preparing for the largest investment in its history
One of the leading players in the Hungarian baking industry, Félegyházi Pékség, is preparing for the largest investment in its history. As part of the nearly HUF 10 billion green...
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Auchan is holding an auction
This time, Auchan is not organizing a sale, but – no typo – an auction. Similar to the art trade, valuable small and large household appliances, smart TVs, smartphones, laptops...
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Parents pay through the nose at the start of the school year
The start of school is just around the corner, which poses a serious challenge for families’ financial planning. Parents of children starting first grade can count on the largest expenditure...
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The price of olive oil rises dramatically: counterfeiting and stock shortages are breaking records
The world market price of olive oil has more than doubled in the past two years, thanks to production difficulties caused by extreme weather. However, in addition to the rising...
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The Rossmann summer just got longer
Summer lasts longer at Rossmann: the drugstore’s popular beach accessories will remain on the shelves until September 30, and until then you can also collect points on the Summer Beach...
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foodora: There is no cucumber season in the food order
Vacations, school breaks and heatwaves also affect the consumption habits of Hungarians. Our daily routine of avoiding the heat is also reflected in our food ordering habits. The compilation of...
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Same-day home delivery is launched by dm in cooperation with Wolt
We can receive our orders placed in the dm Online Shop or the dm App on the same day thanks to the Wolt Drive service. From August, dm Budapest customers...
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Hungary is at the forefront of ultra fast fashion
Ultra fast fashion companies are increasingly dominating the fashion industry thanks to their amazing technological background and quick response. In contrast to traditional fashion industry models, where designers work based...
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Volvo Hungária Kft. opened its ultramodern, sustainable site in Ecser
Volvo Hungária Kft. has made the largest investment in its history at its new site in Ecser, which will serve as the company’s domestic headquarters from September. The facility, which...
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Ivory Coast increases support for cocoa exporters: 500,000 tons are targeted
The government of Côte d’Ivoire is taking a major step to support local cocoa exporters to increase their competitiveness in international markets. The world’s largest cocoa producer has produced an...
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National survey: this is why Hungarians would quit their jobs
In the latest research by Profession.hu, the well-being of the adult population was examined across the country, focusing specifically on well-being at work and related employee expectations and motivations. According...
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We know how young people drank this summer: in the spirit of fair play and responsible drinking
Of course, there are those who think it’s “to a small extent medicine, to a large extent medicine”, or who “drink for a week, exercise for a week”, but the...
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K&K Magazine: Apply for the 2024 publication of the most successful Hungarian businesses!
K&K Magazin is also publishing its book The Most Successful Hungarian Enterprises this year, which presents the stories of the country’s most outstanding companies. The publication will be published in...
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Hungarians are increasingly open to used technical products
At its press conference held on August 27, Rejoy announced that they will soon expand their product range with laptops, thus further strengthening their position on the used electronic devices...
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A millionaire is born thanks to FloeWater and Balázs + co!
Here’s the big opportunity! 5 X HUF 1 million can be won on August 30 in the area in front of the MVM Dome thanks to FloeWater, which is broadcast...
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The harvest starts earlier: we can expect a weaker apple yield in Hungary this year
This year, the harvest can start earlier than ever before in domestic apple orchards, especially in Hungary’s largest growing region, the county of Szabolcs-Szatmár-Bereg, where the purchase of fresh apples...
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The blockade of the port by climate activists protesting against ocean cruise tourism causes hundreds of thousands of euros in damage
The Extinction Rebellion (XR) climate protection group’s blockade against cruise ships in the port city of IJmuiden leading to Amsterdam could cause up to 800,000 euros (315 million forints) of...
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Hungary is also threatened by the appearance of the Japanese beetle, which is native to Asia, as a closed-end pest
The Japanese beetle (Popillia japonica), native to Asia, may also appear in our country. The closed-loop pest is already present in neighboring Slovenia. It can cause enormous damage, especially in...
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Sziget brought ten percent more guest nights than last year
Around 178,000 guests were welcomed by the hotels in the capital on August 7-12. during the Sziget festival. Based on the data of the National Tourist Information Center (NTAK), a...
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Gáborné Pölöskei: in agriculture, it is particularly important to train specialists who respond well to changes
In the field of agriculture, it is particularly important to train specialists who respond well to the changes taking place in the world – said the deputy state secretary responsible...
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The export of live pigs increased by 38 percent
According to KSH data, Hungary’s live pig export increased by 38.7 percent to 14.7 thousand tons in January-May 2024 compared to the amount in January-May 2023. The main partners were...
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A consumer protection alert was issued for an IKEA product
The European Commission issued a consumer protection alert for one of IKEA’s products, the POKAL cup, after the Dutch authorities reported a problem. According to the Pénzcentrum, the authorities warn...
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MNB: the monetary council did not change the base interest rate
The Monetary Council of the Magyar Nemzeti Bank (MNB) did not change the base interest rate at its meeting on Tuesday, which is unchanged at 6.75 percent, neither did the...
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Sharp Differences In Grocery Shopping Habits Across The Balkans, Study Finds
The annual Mediana TGI Adria survey polled over 17,000 consumers in Slovenia, Croatia, and Serbia has revealed notable differences in grocery shopping patterns among consumers in the three countries. The...
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NAK-FruitVeB: the harvest started earlier in the domestic apple orchards
The harvest can start earlier than ever on domestic apple orchards. In the county of Szabolcs-Szatmár-Bereg, which is Hungary’s largest growing region, some processing plants have already started to purchase...
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Japan’s Suntory Aims For Greater US Canned Cocktail Market Share
Japan’s Suntory Holdings is betting on its spirits expertise to boost its share in the U.S. canned cocktails market, said a senior official from the drinks giant that aims to...
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