Company and Personal News
Christian Klein remains SAP’s first man
SAP SE announced that it has extended Christian Klein’s appointment as CEO and board member for three years, until the end of 2028. At the same time, the company also...
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Changes in the Labor Market and Business Decision-Making Based on the IOM World Migration Report 2024
The International Organization for Migration (IOM) World Migration Report 2024 has unveiled significant data concerning global migration trends and challenges, which are particularly important for business decision-makers. The report emphasizes...
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NIS2: who should be the person responsible for the security of information systems?
With the entry into force of the “Cyber Science Act” on cybersecurity certification and cybersecurity supervision, the implementation of the EU’s new NIS2 (Network Information System v2) directive into the...
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Márton Nagy: artificial intelligence is inevitable
Artificial intelligence (AI) will have an inevitable and increasingly important role, but at the same time, everyone in the global economy is protecting their own technology, and trade wars are...
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Beer consumption in the Czech Republic is at an all-time low
Beer consumption in the Czech Republic reached a historic low in 2023. Czech breweries brewed 20 million hectoliters of beer last year, 2.7 percent less than the previous year. Beer...
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Functional foods in full force
Functional products include fortified foods and beverages, nutritional and dietary supplements, and various bars and snacks enriched with vitamins, minerals, probiotics, proteins and other nutrients. These products represent the perfect...
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A XIXO soft drink can hide up to HUF 10 million
The largest raffle in the history of XIXO has started, within the framework of which valuable prizes will be drawn among the participants for more than two months; for example,...
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AB InBev building 0.0% tech in UK, sees opportunity in “adult refreshment”
AB InBev sees „a unique opportunity” in building its 0.0% portfolio in the area of „adult refreshment”. Anheuser-Busch InBev is building new de-alcoholisation technology in the UK as the world’s...
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Walmart reportedly reducing in-store waste with AI
A new Walmart pilot reportedly provides store associates with artificial intelligence insight on products that may be close to expiration. According to CNBC, Walmart is testing an in-house-developed, AI-based solution...
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Cross-border ecommerce reached 237 billion euros
The online European cross-border market reached a turnover of 237 billion euros in 2023. This is an increase of 32 percent compared to the year before. European online stores generated...
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Tesco is optimistic about its future in Hungary
In an interview with Pénzcentrum, Zsolt Pálinkás, CEO of Tesco Hungary, shared insights into the current state of the retail sector and the trends expected in the near future. The...
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The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic and premium beers becoming increasingly popular. According to Kántor Sándor, Director of the Hungarian Brewers Association, there is a noticeable...
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Danone’s research looked at the popularity of herbal products
In 2024, Danone Hungary again participated in the regional research conducted in five Central and Eastern European countries, which assessed the eating habits of consumers, as well as their relationship...
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There are more and more bike stands following the recommendations of cycling experts at SPAR stores
SPAR Hungary equips its newly opened stores with comfortable and safe bicycle racks, and special attention is also paid to them when modernizing existing stores. Taking into account the recommendations...
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In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded at a greater rate than expected, at the fastest rate in 11 months, based on the growth rate of the...
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Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also suffered a serious decline. According to data from the Central Statistical Office (KSH), the value of exports was 15 percent...
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Auchan home delivery will be more environmentally friendly
Auchan has been present on the domestic e-commerce market since 2016, the service became nationwide in 2021. Today, apart from food, household goods, technical and DIY products, toys, and sports...
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A new member has been added to the premium offer of Borsodi Sörgyár
This spring, Borsodi Sörgyár expanded its premium range with a new product that builds on the light and silky taste of the classic Miller Genuine Draft, but with a citrus...
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Sz. Variáns Kft. implements an exemplary sustainability program
The packaging technology family business in Debrecen, Sz. Variáns, considers it important to reduce its own ecological footprint, which is why it expresses its commitment to environmental protection with its...
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Blue planet: processing food waste is particularly important
Let’s not sink into climate depression, but let’s talk about sustainability and environmental protection problems and find solutions to them; this is the purpose of the Kék Bolygó podcast –...
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Inflation can also be seen in popular fish dishes
As the summer season approaches, the prices of popular fish dishes such as fish soup and fried fish in rural Hungarian eateries are on the rise. These iconic elements of...
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This is how Starbucks is preparing for the summer
Starbucks has announced an early refresh of its summer beverage lineup in response to growing consumer demand for refreshing, seasonal flavors. In the new selection, they play a significant role...
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That is why brown eggs are more expensive than white ones
Buyers may often find that the price of brown eggs is higher than that of white eggs. This difference does not arise from health or aesthetic qualities, but from agricultural...
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During the year, the big domestic banks can raise their fees again
As a consequence of inflation, the major Hungarian banks were forced to raise their fees, which means an average increase of 28% for simpler bank accounts. According to a report...
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Péter Szijjártó: it’s time for another dimensional change in the Hungarian economy
The time has come for the Hungarian economy to go through another dimensional change, to increase the technological level and expand the research and development capacities – the Minister of...
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Katjes sells stake in porridge business Haferkater back to founders
Katkes backed Haferkater via its investment arm Katjesgreenfood seven years ago. German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company’s...
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Millennials and Gen Zs drive surge in demand for RTD iced coffee
The demand for iced and specialty coffee beverages is experiencing a significant uptick, largely driven by Millennials and Generation Zs, according to a recent report by GlobalData. “This cohort has...
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Walmart Health Centers Are Closing
Citing lack of profitability, retailer shuttering all 51 clinics In a surprise move, Walmart (Bentonville, Ark.) has decided to close all 51 of its Health Centers. After operating a growing...
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The AutoWallis Group is planning another doubling of its regional growth strategy until 2028
The AutoWallis Group plans HUF 750 billion in sales revenue and HUF 40 billion in EBITDA profit by 2028, thus doubling last year’s results for both indicators. The regionally dominant...
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NAV confiscated fake cleaning products and untaxed cigarettes
The tax inspectors of the National Tax and Customs Office (NAV) seized fake cleaning products and untaxed cigarettes on a farm near Mosonmagyaróvár, the customs office announced on its Facebook...
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