News and articles
11.5 billion investment in Gödöllő: XiMo begins construction of its innovative metathesis catalyst manufacturing plant
Revolutionary olefin metathesis technology finds a new home in Hungary: XiMo Hungary Kft. – a global leader in olefin metathesis and an expert in advanced catalyst development – has officially...
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Jana Ice Tea Peach Zero
We are proud to present the latest product in the Jana Ice Tea range – Peach Zero. This sugar-free ice tea is made with green tea and natural peach flavours,...
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Agrometeorology: Drought continues to worsen
The agricultural drought in the Great Plain has continued to worsen over the past week, signs of severe drought can be observed in an increasingly large area, and from Saturday...
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GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. – conducted with the support of the EU – consumers became slightly more pessimistic in June compared to May, but the...
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An unusual competition could create the shopping experience of the future
Registration is now open for Hungary’s first shopping mall hackathon. Westend will be hosting HackTheMall: the Westend experience between September 11 and 12, where teams will compete to transform the...
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Croatian real estate fever subsides: investors are looking for new targets
The Croatian coast has been unwaveringly popular among Czech holiday buyers for years – until now. Due to the significant increase in prices and the rising cost of living, fewer...
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Summer break: Hungarian families spend hundreds of thousands of forints
In addition to relaxation, summer vacation also means serious logistical tasks and financial expenses for families. According to the latest survey by REGIO JÁTÉK, the majority of families with young...
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Are we on the verge of an egg crisis?
Both the American and European markets are experiencing price increases – Hungarian consumers are not immune to the price hikes either. The rise in egg prices is a global phenomenon:...
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Owen Wilson is the new face of Wolt’s international campaign
Wolt has launched its first brand ambassador campaign with Owen Wilson. The year-long partnership brings one of the most popular delivery platforms together with an iconic face in the entertainment...
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K&H: financial security? the picture is very mixed
26 percent of middle-aged Hungarians have an income of 589 thousand forints, which is enough money to live without problems, but they do not have enough to save – this...
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A recuperating market in a changing consumer landscape
At the April meeting of the Trade Marketing Club (TMK), NIQ’s customer success leader Krisztina Holczinger-Zay used recent data to illustrate how brands, private labels and consumers are performing today....
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Millions of people are buying ice cream from Tesco
Hungarians buy millions of ice creams in Tesco stores during the summer season. Ice cream is in short supply, especially in Budapest and the northwest, with customers choosing the most...
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Withdrawing cash abroad can be expensive
The fee for a 90,000-forint foreign cash withdrawal can reach 6,000 forints – there is a huge difference between domestic banks, but fintech service providers and certain bank cards also...
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Wizz Air will take care of passengers stranded in Dubai at its own expense
Wizz Air is taking care of the passengers stranded in Dubai at its own expense and is cooperating with the authorities in everything, Wizz Air Hungary told MTI on Tuesday,...
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Competition Authority proceedings have been launched against Decathlon’s Hungarian subsidiary
According to the GVH, the sports store chain offers misleading prices, false promotions and misleading stock information. The Hungarian Competition Authority (GVH) has initiated competition supervision proceedings against Tízpróba Magyarország...
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Green Education – Why is it important? Where are we now?
As Katalin Czippán, chairwoman of the board of trustees of the Tiszta Út Foundation and advisor to the Environmental Sustainability Institute of the National University of Public Service, put it,...
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Radnóti secondary school students learn about plant-based nutrition
NÉGYOSZ launched the Smart Protein programme last November and by now it has reached its next stage: the programme presented the possibilities of plant-based nutrition to students at the ELTE...
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The legendary Budapest Marriott Hotel is back under Hungarian ownership
After a multi-round, international tender, a professional consortium of BDPST Group and Gránit Alapkezelő purchased the Danube-side hotel. The hotel continues to be operated by Marriott International. The fate of...
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Foreign direct investment in Central, Eastern and Southeastern Europe fell by a quarter last year
Foreign direct investment in Central, Eastern and South-Eastern Europe fell by a quarter last year, according to a newly published study by the Vienna-based wiiw economic research institute. However, some...
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NAK announces its large-company-startup program again
The government aims to further strengthen the momentum and competitiveness of tourism, which accounts for 13 percent of GDP, in the long term, and to reduce the burden on businesses...
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Ministry of Health: new measures to strengthen domestic spas – the burden on the sector will be significantly reduced
The government aims to further strengthen the momentum and competitiveness of tourism, which accounts for 13 percent of GDP, in the long term, and to reduce the burden on businesses...
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The number of residential air conditioners in Hungary could increase by one million
The number of household air conditioners in Hungary has increased tenfold in two decades, with one and a half million such devices currently in use, but the number of residential...
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There is little water in Lake Balaton and major rivers, but there is no reason to panic
The water levels of Lake Balaton, Lake Velence, the Danube and the Tisza are also lower than usual, but according to the National Directorate General of Water Resources, there is...
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Farmer-Expo: this year there will be a livestock exhibition only in Debrecen
The 34th Farmer-Expo International Agricultural and Food Industry Exhibition will be held in Debrecen between August 28-30. This will be the only Hungarian agricultural expo this year where a livestock...
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The application period for the 7th Art is Business Award has started
In 2025, cultural and corporate actors interested in value-based collaborations can apply for the Art is Business Award for the seventh time in various categories. The award, which is unique...
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European Commission launches public consultation on modernising EU animal welfare legislation
The European Commission is seeking citizens’ views on the impact assessment of EU legislation on the welfare of animals kept for agricultural production. By revising the regulations, the EU aims...
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Danone spends $65M to increase coffee and creamer production
The International Delight and STōK Cold Brew Coffee maker is expanding a Florida manufacturing plant and investing in a distribution center to help supply products to the Southeastern U.S. Danone...
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German consumers Rarely Shop via Social Media
German consumers remain skeptical about shopping through social media, according to a new study by Yougov and Coupons.de. Only 18% of Millennials and Gen Z have ever made a purchase...
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Grain yields are low due to drought in Békés County
The harvest has begun in Békés County, and due to the drought, the development and yields of grain crops are lagging behind – the Békés County Directorate of the National...
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Prague Castle remains the most visited tourist destination in the Czech Republic
The most visited tourist destination in the Czech Republic is still Prague Castle, Hradčany. The seat of Czech kings and heads of state was visited by 2.57 million visitors last...
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