News and articles
Ferrero Buys Frozen Bakery Producer Fresystem
The Ferrero Group has acquired Italian frozen bakery firm Fresystem for an undisclosed amount. Fresystem, founded in 1983 and acquired by the Simioli family in 1991, closed its most recent...
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The Hungarian Tourism Program Foundation is launching scholarship-based adult vocational training for skills in short supply
The Hungarian Tourism Program Foundation (MTPA) is launching a state-recognized adult vocational training program for concert and television show lighting, which is considered a shortage profession, in partnership with the...
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NAV has cracked down on fake perfumes, alcohol and cigarettes in yet another round
Cigarettes without license plates, fake perfumes and stray puppies were found on the Somogy county section of the M7 highway, at a rest stop, the National Tax and Customs Administration...
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Italy’s Bennet Unveils NFT-Based Customer Loyalty Project
Italian hypermarket chain Bennet has launched the Bennet NFT Club, the first customer loyalty project by an Italian retailer based on blockchain and NFT technology. Bennet’s partner in the project...
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IMF recommends the abolition of the food price cap and the elimination of special taxes to the Hungarian government
After their visit last November, experts from the International Monetary Fund (IMF) made concrete economic proposals for the Hungarian government in addition to the usual review, reports the Portfolio. According...
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Food prices have already started to fall, as the GVH began to investigate
Competition has become greater in retail, more people have reduced food prices – says Balázs Csaba Rigó, president of the Economic Competition Authority. In the hope of finding out whether...
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From February, you can get almost exclusively imported potatoes
The National Potato Association and Product Council (OBTT) warned in November that the domestic potato stock should last from autumn 2022 to June 2023, but it is feared that this...
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A comprehensive research was carried out by the Tej Terektánács
On behalf of the Tej Terméktanács, Trend International Market Research Kft. carried out the research entitled “Rögös turó as quality system recognition in Hungary”, the focus of which is on...
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Ritea Noémi replaces Beáta Őz in the executive chair of VELUX Hungary
The specialist has worked for VELUX for 20 years, of which he spent 10 years in a management position, so he takes over the management of VELUX in Hungary with...
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Together for the babies – Families with young children can count on dm’s reliable program again this year
For thirteen years now, at the beginning of each year, the dm drugstore has been supporting 260 families with small children living in difficult circumstances with enough diapers for half...
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GVH began to investigate, and the shops, in their fright, already started to reduce prices
The competition in retail has become greater, more people have reduced food prices – stated the president of the Economic Competition Authority, who believes that their actions have a deterrent...
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Baileys and the Eurovision Song Contest make a duet, making the world’s biggest live music event even sweeter
Many people probably think that this year’s Eurovision Song Contest can no longer be enhanced, but Baileys refutes this assumption. The most popular liquor brand has entered into a three-year...
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(HU) Gyopáros Alpár: a falusi kisboltok megtartása kulcskérdés
Sorry, this entry is only available in HU....
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The Food Bank provided ten billion forints worth of food to the needy
Last year, the Magyar Élelmiszerbank Egyesület saved food worth about HUF 10 billion and delivered it to the needy, thereby providing assistance to about 240,000 needy people. The Association saved...
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Is it really the unbridled profit hunger of Hungarian businesses that causes high inflation?
Hungarian companies did not basically raise their prices in order to make even more profit, but in order to stay afloat in successive crises. It should also be seen that...
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BDPST’s share in Waberer’s Nyrt. increases to almost 50 percent
With the purchase of shares, the BDPST Group’s stake in Waberer’s International Nyrt. increases to 49.64 percent – reads the issuer’s information published on the website of the Budapest Stock...
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VOSZ: the increase in prices is not caused by the hunger for profit of Hungarian enterprises
The Hungarian companies did not basically raise their prices in order to make even more profit, but in order to stay afloat in successive crises, emphasized the National Association of...
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Aldi To Lower Coffee Prices For Own-Brand Products
Aldi Nord and Aldi Süd have announced they will permanently lower prices for whole beans and ground coffee products sold under their own brands. Ground coffee and whole beans from...
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The average salary today is enough for less bread and more milk, chicken and potatoes than in the Kádár system
The data continuously published by the Central Statistical Office (KSH) and published by the Magyar Nemzeti Bank (MNB) in recent days are thought-provoking. The MNB has published a special series...
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Hungary subjects Ukrainian grain to strict inspection
The food chain safety control of agricultural products coming from Ukraine is ongoing, so far 156 food industry enterprises have been inspected, said Minister of Agriculture István Nagy. The head...
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Monster Zero Sugar Lewis Hamilton Variant
Seven-time World Champion Formula 1 driver Lewis Hamilton has joined forces with Monster Energy again to launch an all new zero sugar energy drink, which is available now, with a...
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BDO: These are the typical mistakes we make when using the online invoices
In the summer of 2023, the domestic system of the Online Invoice will be 5 years old, which was launched by the National Tax and Customs Administration on July 1,...
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Portuguese winemakers call for urgent action over bottle prices
Wine producers in Portugal are calling for urgent action from the government over the rapidly soaring cost of glass bottles. The National Association of Traders and Exporters of Wines and...
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Romanian milk producers are worried about cheap Hungarian milk
Hungarian milk with a purchase price of less than HUF 150 per liter and a fat content of 4 percent depresses Romanian prices. Local producers can’t really compete with him....
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UK inflation has eased, but food inflation remains high within the overall basket
Annual British inflation slowed significantly but was still above 10 percent in January, particularly due to food prices. According to the report of the British Statistics Office (ONS) on Wednesday,...
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Farmers are being prepared for the new support period on a nationwide basis
With the new Common Agrarian Policy Strategy Plan, the rules for area-based subsidies will change, new forms of support will appear, and the agro-ecology program will also be launched, which...
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K&H: nearly 80,000 children became more financially aware
Again, a lot of students applied for the K&H Take care, ready, money! for this year’s series of financial quiz. A total of more than 8,700 students entered, so a...
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The most successful promotion of the year is 2023 – you can still apply for 2 weeks
The manufacturer/distributor of the product included in the FMCG promotion and/or the contractor of the promotion can nominate. National promotions that took place between October 1, 2021 and December 31,...
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Ipsos: these were the most creative Super Bowl ads in 2023
This year, Ipsos also tested the advertising spots presented during the Super Bowl in real time. Here are the most creative ads: Best Happy CFO: PopCorners Best celeb-spotting: Dunkin’ and...
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Incredible stories in the latest episode of the GVH podcast
Why should you cooperate when GVH comes knocking? What was it that surprised even the experts of the competition authority? For the answers, it is worth listening to the latest...
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