News and articles

Every second Hungarian is lost in the grind of work without inspiration, according to Costa Coffee’s research

The Costa Art & Craft creative competition started more than a month ago, and so far the most diverse artistic creations have been received: among others, coffee has inspired a...

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The Hungarian sports drink received new packaging and more active ingredients

The Absolute Live product line has also changed its design with the introduction of the reversible system, which is more convenient to use during sports. The Magyar Brands prize-winning products,...

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A British specialist is coming to the head of Dreher Breweries

A new CEO from England, one of the strongholds in the history of beer production, is coming to lead Dreher Breweries. Mike James was selected for the position based on...

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MBH AgrárTrend Index: Hungarian agriculture is at a height not seen for a long time

A slightly slower than expected, but definite positive turn is visible in the Hungarian food industry The favorable assessment of the situation of the actors of the Hungarian food industry...

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LG has established a new air conditioning R&D lab in Europe

LG Electronics (LG) has established a new aerospace research and development (R&D) laboratory in Frankfurt, Germany. The lab is LG’s third such facility, the company previously opened a similar facility...

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The price of edible wheat rose in Hungary at the end of July

In the July forecast of the International Grains Council (IGC), the global wheat harvest in 2024/2025 is 1 percent higher than the previous season, at 801 million tons. for the...

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Non-alcoholic beer is increasingly popular in Germany

Non-alcoholic beer has been growing in popularity in Germany. In 2023, around 556 million litres worth around 548 million euros were produced in the country. According to the Federal Statistical...

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Jumbo Introduces Own-Brand Butter Featuring ‘1-Star Beter Leven’ Quality Mark

Dutch retailer Jumbo has introduced own-brand butter SKUs featuring the ‘1-star Beter Leven’ quality mark. The new products featuring the quality mark include the Jumbo salted and unsalted cream butter...

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McCain Foods to close UK factory, 115 jobs at risk

Canada’s McCain Foods has conducted a review of its UK business and is proposing the closure of a fries factory. The company revealed it is looking to cease production of...

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Drought damage in agriculture

By the beginning of August, it had reached 75,000 hectares, and the size of the areas declared for drought damage is growing by several tens of thousands of hectares every...

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The producer price of domestic raspberries is lower

According to Eurostat data, raspberries were grown on 180 hectares in Hungary in 2023, and the annual yield was between 460 and 540 tons in recent years. According to KSH...

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Asda co-owner injects £30m to ‘improve store experience’ to stop falling sales

Asda co-owner Mohsin Issa is to inject an emergency £30m to “improve the in-store experience” as sales fall at the supermarket giant. The package will be invested during the remainder...

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AKI: a significant part of meat products was also cheaper than last year’s level in July

In mid-July, producer and processor sales and retail purchase prices of a significant part of pork and poultry meat were lower than at this time last year – read the...

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Dairy products are becoming more expensive in Hungary: what is behind this?

Dairy products are still a favorite of Hungarian consumers, but recently there has been a significant price increase in stores. Some products, especially milk, rose in price by HUF 150-200...

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There are problems on the corn front

This year, the corn season started earlier, which raises the question of whether it could end sooner. Many people are worried whether the popular sweet corn will still be available...

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New leader at the head of the Hungarian Decathlon

Sabrina Jacksteit became the new country director of the domestic Decathlon, who will take up her new position from the first of August. The specialist has been working for the...

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Hungarian businesses do not innovate due to a lack of capital

55 percent of domestic enterprises did not introduce an innovation process in the last two years, the main reason for which was the lack of capital, according to a recent...

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It is a serious competitive disadvantage if you cannot pay by card

The lack of electronic payment options can cause a serious competitive disadvantage for shops. According to research commissioned by OTP Bank, more and more customers in Hungary prefer bank cards...

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Gösser opened a new era in terracing

Gösser Spritz beer cocktails appeared on store shelves and on beer taps in restaurants in May to shake up the domestic beverage offer. What inspired the category-creating novelties and how...

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The tourism tender scheme worth a total of HUF 13 billion continues

Approximately 200 rural casual catering shops and another 100 rural music and dance clubs can call for a total of nearly HUF 300 million in support. The non-refundable subsidy of...

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K&H: the young people have finally crossed the HUF 200,000 mark

The personal income of young people rose to a record level in the second quarter: the monthly net amount exceeded HUF 200,000, according to the K&H youth index, which has...

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The price reduction continues at Lidl: another 190 products are available up to 25% cheaper

Lidl Hungary continues its long-term price reduction program announced to support Hungarian families. In this way, another 190 products are available at an even more favorable price in the stores...

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Manker Beauty: GVH waives the fine if the company fulfills its obligations

The Economic Competition Authority (GVH) has completed the investigation of Manker Beauty Kereskedelmi és Szolgáltató Kft., which was initiated due to the company’s suspicion of unfair commercial practices. The company,...

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GVH: Wizz Air was fined 300 million

The Competition Council of the Economic Competition Authority (GVH) imposed a fine of HUF 307 million on Wizz Air for violating the prohibition of unfair trade practices. Wizz Air announced:...

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Red, green, elegant – the “Green Raspberry” became Hungary’s Sugar-Free Cake

This year, Ádám Novák and László Csonka, the confectioners of Reök in Szeged, won the Egy Csepp Figyelem Alapítvány Egy Csepp Figyelem Alapítvány Sugarless Cake of Hungary competition, which is...

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In June, the growth of retail trade in the Czech Republic accelerated

In June, the growth of retail sales in the Czech Republic rose to 4.4 percent on an annual basis after 3 percent in May, the Czech Statistical Office announced on...

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Profession.hu: The home office vision of companies and employees began to diverge

The attitude of Hungarian employees and employers towards working from home has also changed somewhat since last year. Compared to the previous year, a smaller proportion of employees believe that...

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10 millió Fa: it is vital for everyone to water trees

A young tree needs at least 50-70 liters of water per week to survive in a drought. The 10 Million Trees community is therefore calling on everyone to water at...

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The number of tourists in Romania increased by 3 percent in the first half of the year

The number of tourists in Romania increased by 3 percent in the first half of 2023 compared to the same period in 2023, the National Institute of Statistics (INS) announced...

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MTÜ: domestic music and dance clubs and casual catering shops can apply for support for equipment purchase and development

Approximately 200 rural casual catering shops and another 100 rural music and dance clubs can call for support worth nearly HUF 300 million. The HUF one million non-refundable subsidy that...

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