Company and Personal News
Richárd Szabados: 2,600 businesses have already applied for the fixed 3 percent loan targeting SMEs, worth 140 billion forints
The fixed 3 percent loan targeting SMEs was applied for by 2,600 enterprises in the two weeks following its launch, worth 140 billion forints – said the State Secretary for...
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Phone cases are seriously polluting the environment
Plastic cases are now an essential accessory for mobile phones, which protect the device but significantly pollute the environment. More than one billion of them are sold worldwide each year,...
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K&H: more than half of large companies would finance their major investments from EU funds
While the SME sector has seen a significant increase in the willingness to apply for European Union tenders, interest in international funding opportunities among large companies is moderate. Research data...
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Bunge further strengthens its presence in Hungary with a significant investment: installing a modern biomass boiler in its Martfű factory
Bunge is the world’s leading agribusiness solutions company, connecting farmers with consumers to deliver essential food, feed and fuel to the world. The company has begun a more than $50...
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Luxury goods manufacturer Hermés’ quarterly revenue rose 4.8 percent
French luxury goods maker Hermés reported a lower-than-expected third-quarter revenue growth than analysts had expected. According to data posted on the company’s website, revenue rose 4.8 percent to 3.881 billion...
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Adidas revenue up 3 percent in third quarter
The revenue of the German sports equipment manufacturer adidas AG was 6.63 billion euros in the third quarter of this year, 3 percent higher than a year earlier. Excluding exchange...
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L’Oreal sales increase in the third quarter and first nine months
French cosmetics giant L’Oreal’s revenue rose 0.5 percent to 10.34 billion euros in the third quarter of this year compared to the previous year. Comparable revenue rose 4.2 percent, the...
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A comprehensive study was conducted on the workplace environment of Hungarian office workers
In addition to the social experience, those employed in office environments who participated in iO Partners’ research on office use highlighted the easier implementation of daily routines and easier maintenance...
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MOL switches to a holding structure
The Mol Group will convene an extraordinary general meeting for November 27, at which a decision will be made on the new, holding-type structure of the group of companies, the...
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Customer experience is the new competitive advantage in e-commerce
Hungarian e-commerce grew by 15% in 2024, while international players such as Temu and SHEIN raised the competition to a new level. Customers now expect not only fast delivery, but...
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NKFH: nautical-themed placemats recalled due to phthalate leaching
Navy-themed placemats recalled due to phthalate leaching; Phthalates, which are primarily used as plasticizers in industry, can damage the reproductive capacity and the hormonal system in the human body, the...
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How music can help children develop
The power of music goes beyond pleasant melodies: it can build bridges between social classes, develop children’s self-confidence, creativity and social skills. The Superar Hungary program is an excellent example...
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A new era begins in Salgótarján: the city’s first STOP SHOP shopping park is being built
Salgótarján is entering a new chapter: construction of the region’s newest STOP SHOP shopping park has begun in the city center, next to Lidl. The project, developed by CPI Hungary,...
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The outlook continued to improve in October, with the GKI business climate index reaching a thirteen-month high
According to a survey by GKI Economic Research Ltd. – conducted with the support of the EU – both the business sector and consumers expressed slightly more optimistic expectations in...
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Agrometeorology: several waves of soaking rain are coming
The autumn sowing would be in great need of precipitation, and several waves of soaking rain are coming in the next week – wrote HungaroMet Zrt. in its agrometeorological analysis...
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Hungarian freight transport at a sustainability turning point
The Hungarian freight transport market is affected not only by spiralling costs and stricter regulations, but also by sustainability expectations. This article is available for reading in Trade magazin 2025/10....
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Garlic price rises by nearly a third in a year
According to Eurostat data, 18 percent more (379 thousand tons) of garlic was produced in the EU in 2024 than a year earlier. Spain and the Netherlands sell the most...
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European Commission to promote generational renewal in European agriculture
The European Commission has proposed measures to support generational renewal in agriculture to ensure a better future for Europe’s food, agriculture and rural areas, the Brussels body announced on Tuesday....
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The cereal season is in full swing: there are several things to pay attention to
This year has brought particularly great challenges to Hungarian agriculture: after the spring frost damage, the summer heat and drought also caused serious losses. Farmers are now focusing on sowing...
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African swine fever (ASF) outbreak in Taiwan
African swine fever (ASF) has been reported in Taiwan; animal health authorities have culled at least 195 pigs as a preventive measure at a pig farm in Taichung, Taiwan’s Ministry...
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Buffet system in schools
Buffet-style eating – also known as self-service cafeteria system – is increasingly popular in school catering, because it offers both flexibility and educational opportunities for children. This article is available...
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Milk prices increased in the EU and on the world market
The producer price of raw milk, expressed in national currency, increased by 12 percent in the European Union in August 2025 and by 11 percent in New Zealand compared to...
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Coca-Cola HBC expands in Africa with bottling M&A
Coca-Cola HBC is to acquire a 75% stake in fellow bottler Coca-Cola Beverages Africa for $2.6bn. Coca-Cola HBC is to buy a majority stake in Coca-Cola Beverages Africa, a deal...
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Lidl Spain Transforms Plastic Waste Into Garbage Bags
Lidl Spain has become the first supermarket chain in the country to earn AENOR Circular Economy Project certification, following the launch of its new circular-economy initiative. The initiative involves transforming...
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The countryside has come together to protect the vineyards
The national reconnaissance program has been successfully completed, as a result of the cooperation of professional organizations, mountain communities, authorities and plant protection experts, the infected vines were inspected and...
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Molson Coors to cut 400 corporate jobs as it positions itself ‘beyond beer’
The Miller Lite owner is reducing its salaried workforce by 9%, with new CEO Rahul Goyal saying the brewer needs to transform “even faster.” Cans of Coors beer are displayed...
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Local treasures: producers welcomed visitors at their booths
The Hajdú-Bihar County Directorate of the National Chamber of Agriculture (NAK) organized an agrotourism open day in the Derecske region. The Local Treasures Day was created by the collaboration of...
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The government provides several tools to maintain farmers’ solvency
The new agricultural support cycle, the implementation of the Common Agricultural Policy (CAP), has reached a new milestone, as after the investment decisions, the projects have already entered the implementation...
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The food industry is a natural ally of Hungarian agriculture
The food industry is a natural ally of Hungarian agriculture, their success goes hand in hand – emphasized the State Secretary of the Ministry of Agriculture responsible for agricultural and...
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GfK study: This is how European commercial purchasing power has changed in 2025
In Hungary, the average purchasing power per capita increased by 6 percent to 12,323 euros, which corresponds to 60 percent of the European average. This means that we continue to...
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