News and articles
The volume has decreased, but is less food really consumed?
The FMCG industry is experiencing challenging times due to the ongoing pandemic and other economic factors such as inflation and supply chain disruptions. During Pénzcentrum‘s recent discussion with representatives of...
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István Nagy: Hungary is committed to the fight against climate change
In his speech, the minister explained that last year made even the most skeptical Hungarian farmers aware of the seriousness of the damage caused by the drought, as the drought...
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EY: Hungarians live in emergency mode
In January, EY conducted representative research in 27 countries to assess how consumer habits have changed due to inflation. They pointed out that the current consumer mood is very similar...
Read moreRetail sales decreased in the euro area and the EU in March
In March, retail sales in the euro area and the European Union decreased in both monthly and annual comparisons. The statistical office of the European Union, Eurostat, announced on Friday...
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K&H: Hungarians feel less secure due to high inflation
Among the 30-59 year olds, the proportion of those who consider their financial situation to be extremely secure has dropped significantly, from 31 percent to 24 percent in one year,...
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FAO: The measure of world food prices rose in April for first time in a year
FAO Food Price Index increases, amid higher international quotations for sugar, meat and rice, while prices for wheat, maize, dairy products and vegetable oils decline The benchmark index of international...
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Lidl became a Trusted Employer again
The 2023/2024 Trusted Employer awards were presented, which Lidl Hungary won for the fourth time. The German-Hungarian Chamber of Industry and Commerce (DUIHK) awards awards to companies that take care...
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GFM: from June, the mandatory promotions will start in order to break food price inflation
The war and the failed sanctions policy led to unprecedented inflation across Europe. The government’s goal is to protect families, pensioners, jobs, and full employment even in an economic situation...
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In Romania, the volume of retail trade increased by 5.2 percent in the first quarter
In Romania, according to raw data, the volume of retail trade increased by 5.2 percent in the first quarter of this year compared to the same period last year, the...
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After Bruce Willis, the main role belongs to new heroes
A new, exciting era begins today in the life of HELL ENERGY: after the savior of the world, ordinary heroes will now be the protagonists in the campaign of our...
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The most dynamic market in America awaits Hungarian companies
Security of capital, knowledge of the local market and appropriate relationships: this is necessary to start a successful business in one of the most competitive markets in the world –...
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Consumers were deceived about the effects of Norbi Update products, GVH fined the company HUF 40 million
According to the investigation of the Economic Competition Office (GVH), the distributor of Norbi Update products deceived consumers in several ways, the office fined the company HUF 40 million, the...
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Increasing wages can create a more competitive situation for employers
Last year, the companies decided to increase wages higher than planned, but the employees generally expected a higher amount. In order to retain the workforce, companies often raised wages and...
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This year, the “Forest of Newborns” will grow to 450 hectares
With the cooperation of the Ministry of Agriculture, the “Forest of Newborns” Program was launched in 2020, within the framework of which, according to the commitment made in the Climate...
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Henkel delivers very strong organic sales growth in the first quarter
In the first quarter of 2023, Henkel increased Group sales to around 5.6 billion euros. The very strong organic sales growth of 6.6 percent was driven by double-digit pricing, while...
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More and more people are taking small loans
The number of personal loans is increasing, but their average amount is decreasing. Customers exchange their previous current account, credit card and merchandise loans for personal loans. More and more...
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British retail is hoping for an extra income of one and a half billion pounds during the coronation weekend
British retail trade is hoping for almost one and a half billion pounds in extra income. During the coronation weekend of King Charles. Charles, whose mother, II. Queen Elizabeth has...
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The 3rd Kürtőskalács Vigalom is coming
Lola, Évi Bátyai and Gabi Völgyesi were among the first to taste the novelty of the 3rd Kürtőskálás Vigalom, the pistachio delicacies. May 12-14. between , the Budapest Zoo will...
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The Vajda-Papír Group doubled its sales, but its profitability decreased due to the increase in energy prices
It doubled its sales in the domestic and Norwegian factories of the Vajda-Papír Group last year. The turnover of Hungary’s market-leading hygiene paper manufacturing company group has grown tremendously, its...
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VIMOSZ: in April, the business mood in tourism deteriorated slightly
In April, the TKI tourism business index stood at plus 2 points on the scale between minus 100 and plus 100, which indicates that the players in the sector perceive...
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The Hungarian countryside is on a growth path
The vision of the Hungarian government is that farming and food industry production should be a profitable and socially recognized occupation in the long term – said Minister of Agriculture...
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New sales and marketing director for MOGYI
From March 2023 Péter Mester is the sales and marketing director of MOGYI Kft. The new director has left FrieslandCampina Zrt. to fill this position. He told that working for...
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Polish Minister of Agriculture: grain corresponding to ten percent of last year’s harvest flowed in from Ukraine
About 3.5 million tons of grain, or ten percent of last year’s Polish harvest, flowed from Ukraine to Poland, Polish Minister of Agriculture and Rural Development Robert Telus announced on...
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Carrefour to open virtual store on Rakuten marketplace
In April Carrefour opens a virtual store on the Rakuten marketplace, in a partnership that will make it possible for the two players to “strengthen their omnichannel strategies and customer...
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Before and after the high season
Like-for-like household paper product sales augmented by 32.4% in value in 2022, but volume sales dropped 10% from the 2021 level. Value sales were up 40.2% in the facial tissue...
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It’s hard to win the title of “Best Workplace” with a hug coupon, but with a fish pedicure?
In 2022, Rossmann was awarded the title of Best Workplace, and now it draws the attention of job seekers with its new online video campaign, available from the beginning of...
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TotalEnergies partners with Canada’s Alimentation Couche-Tard
For four European countries, TotalEnergies has entered into a partnership with Canadian retailer Alimentation Couche-Tard. As part of the deal, Total Energies will cooperate with Couche-Tard in Belgium and Luxembourg, and it...
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Optimizing energy use is a key issue in agriculture
The optimization of production processes and energy use in agriculture has become a key issue in the recent period, which requires capital, but pays off, which is why supporting this...
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The company mobile phone can also be used as a bank card accepting terminal
Since 2021, it is mandatory to provide electronic payment options for businesses with online cash registers, so the number of bank card terminals has doubled in the last 3 years:...
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Nestlé To Test New Satellite Technology For Reforestation Projects
Food giant Nestlé has announced that it is commencing a pilot for Airbus’s new Pléiades Neo satellites to monitor its reforestation efforts. Nestlé will use the high-resolution images generated by...
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