Company and Personal News
NGM: retail turnover on an expanding path
According to data from the Hungarian Central Statistical Office, the volume of retail sales in June 2025 was 3% higher than in the same period of the previous year. According...
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Hungarian buyers are still more restrained
In June, retail sales volume increased by 3 percent year-on-year. The growth was 3.7 percent for food and 3.9 percent for non-food products, while fuel sales only increased by 2.5...
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There is no green transition without numerical targets
Without ESG practice based on measuring and auditing carbon emissions, the real green transition will not progress. According to the first half of the 2025 K&H Sustainability Index data, no...
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The acquisition is complete: Eisberg Hungary is now a member of Green Factory
As part of a strategic acquisition, Poland-based Green Factory has purchased the Hungarian and Romanian subsidiaries of Eisberg. This transaction clearly serves Green Factory’s long-term goals: the group aims to...
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Global consumption of animal-based foods to increase significantly within ten years
According to a recent report by the FAO and the OECD, global meat, fish and dairy consumption will grow by 13-14 percent in the next decade. Demand will be driven...
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ÉVOSZ has developed a green minimum proposal package
The Sustainability Section of ÉVOSZ has developed a package of proposals called “Green Minimum”, the aim of which is to make sustainability no longer an optional option, but a basic...
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Hungarian sweet corn remains at the forefront of Europe
The Hungarian sweet corn sector remains Europe’s leader in 2025, ahead of France. As one of the most important players in the EU’s sweet corn supply, our country has played...
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NGM: lower interest rates boosted businesses’ investment appetite
The lower interest rates introduced in the Széchenyi Card Program have dramatically boosted the investment appetite of Hungarian businesses: in the first seven months of the year, banks participating in...
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Erika Intiso is the new Regional Managing Director and Sustainability Director for IKEA Czech Republic, Hungary and Slovakia
Erika Intiso will take on the role of IKEA Regional Managing Director and Sustainability Director for the Czech-Hungarian-Slovak region from September 2025. She replaces David McCabe, who led the region...
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Hungarian industry faced another blow
Industrial production fell by 4.9 percent year-on-year in June, and the decline compared to the previous month was more than 1 percent, according to the preliminary estimate of the Central...
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The Hungarian Competition Authority (GVH) has initiated competition supervision proceedings against Ryanair
The Hungarian Competition Authority (GVH) has launched competition supervision proceedings against Ryanair, as the authority suspects that the Irish-based discount airline is engaging in unfair commercial practices in several aspects...
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Early detection is key to controlling grapevine golden yellow disease
The National Food Chain Safety Authority (Nébih) draws the attention of grape growers to the importance of early detection of grapevine golden yellow disease. The pathogen can cause serious plant...
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Nébih: Early detection can curb golden yellow grape disease
Early detection can curb the golden yellow disease of grapes, so it is very important for growers to recognize and report the infection in time, the National Food Chain Safety...
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Erste closed the first half of the year with a profit of more than 69 billion forints
Erste Bank Hungary Zrt. closed the first half of the year with an operating income of HUF 187.5 billion and an after-tax profit of HUF 69.2 billion, said Jelasity Radován,...
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Richter CEO: performance is in line with annual plans
At Richter Gedeon Plc., the first half-year performance was in line with the annual plans, so they did not change their expectations for this year – said CEO Gábor Orbán...
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CER Cargo shifts into high gear: international expansion is coming
The Hungarian-based CER Cargo Group is preparing to conquer the Central and Southeastern European rail freight markets with a new CEO and an ambitious strategy. Wilhelm Patzner aims to make...
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Cottage cheese is back: the American dairy industry is booming again
After nearly two decades of decline, cottage cheese consumption is on the rise again in the United States – thanks in no small part to the recipe craze of the...
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MBH Bank: Hungarian agricultural sector’s expectations for the end of the second quarter have improved slightly
Hungarian agricultural sector’s expectations for the end of the second quarter have improved slightly compared to the first three months of this year, but at the same time, the sector...
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Ecological water replenishment of forests is necessary for their survival
The assessment of needs has begun, and substantive steps are expected from September in the ecological water supply of forests – said the Deputy State Secretary for Forests of the...
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Apricot plantations need to be reorganized
The spring frost in 2025 caused serious damage to domestic apricot plantations. The market would have a great demand for the fruit, therefore, in the interest of crop security and...
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Novo Nordisk faces slowing growth, new challenges
More subdued investor expectations and market turbulence are overshadowing the growth of Novo Nordisk’s weight loss segment. In the first half of 2025, Novo Nordisk’s sales increased to 154.9 billion...
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Record heat in Japan: rice crop at risk
Japan has recorded its highest temperature ever recorded: 41.8 degrees Celsius (106.5 degrees Fahrenheit) was recorded in the city of Isesaki, near Tokyo, on August 5, 2025. More than 53,000...
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Syngenta: Hungarian sweet corn production in the top 10 in Europe
Hungarian sweet corn production maintained its leading position in Europe in 2025, overtaking France. Hungary remains one of the most important players in the market, although the sector faces numerous...
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Ireland: Too Good To Go Research Reveals Summer Spike In Food Waste
Too Good To Go has revealed new research which shows that Irish families are wasting more food than they think when celebrating the summer. New research conducted by One Poll...
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Italy’s Unicoop Firenze Rolls Out New Smart Bin
Regional Italian retailer Unicoop Firenze is rolling out a new smart bin, called Otto, in its Coop.fi stores to improve waste sorting and environmental sustainability. Developed by the Tuscan startup...
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Full house at Telekom Campus again
Another company has chosen the Telekom Campus developed by WING. The insurance company will be setting up its new office on approximately 1,000 square meters from September 2025. With the...
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Monthly turnover of agricultural inputs
In the fourth and sixth months of 2025, farmers received 9.7 percent less fertilizer than in the same period a year earlier. Within the product range, lime ammonium nitrate (MAS)...
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Ferrero Achieves 90% Ingredient Traceability
Ferrero Group has reported significant progress in its sustainability journey, driven by a commitment to positive impact across its value chain, according to its recently released 16th Sustainability Report. Key...
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Self-driving cars in the big city – Hungarian researchers are working on such algorithms
Many people think that the biggest challenge in developing self-driving cars is technology. In fact, the most complex problem is the city itself: where people and cars, bicycles and scooters,...
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Ecological water replenishment of forests is necessary for their survival
The assessment of needs has begun, and substantive steps are expected from September in the ecological water replenishment of forests – said András Mocz, Deputy State Secretary responsible for forests...
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