News and articles
Spain removes VAT on olive oil to boost flagging industry
Following a cut to 5% from an original 10% last year, the government has announced the tax will be 0% from 1 July. Spain is attempting to come to the...
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The catchy dance of spaghetti – Video of the day
It used to be figure skating, now it’s Italian cuisine…...
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There are serious differences between the savings of people in their twenties
Less than half of young people, 45 percent, have no savings at all. Those who have, had HUF 643,000 on average in the second quarter of this year, according to...
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Beneficial restaurant, benevolent guest, good idea – Picture of the day
A unique, moving charity solution in an American restaurant that preserves the dignity of those in need of help as well as possible! “Take a ‘block’ and give it to...
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SAP: Data-driven solutions are also effective in the fashion industry
Actors, manufacturers and retailers in the fashion industry have to deal with many challenges in order to stay competitive. With the spread of online commerce, the number of customers who...
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KPMG: AI is no longer just knocking on the door, it has knocked it down
The experts of KPMG Hungary, which is 35 years old this year, summarized the digital trends of the future and how companies can successfully connect to them in connection with...
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Nescafé delights fans with its new, limited-edition frothy coffees
Nescafé has teamed up with two iconic and loved chocolate brands, the bubbly Aero Peppermint and the smooth hazelnut of the Quality Street Green Triangle to bring new limited edition...
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Euro zone inflation slowed down in June
In line with analysts’ expectations, annual inflation slowed in the euro area in June, according to preliminary data published on Tuesday by Eurostat, the statistical office of the European Union....
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The OKSZ is optimistic about the introduction of mandatory promotions
Since the first of July, mandatory store promotions, which had been a prescribed practice for retailers for certain products, have been abolished in Hungary. At the same time, the last...
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We know where Mere will open its first Hungarian store
The Russian Mere department store chain will soon open its first store in Hungary in the Káposztámegyer district of Budapest, where a Spar store used to operate – reported the...
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MAGYAR TERMÉK Nonprofit Kft. signed a cooperation agreement with the Office of Education
MAGYAR TERMÉK Nonprofit Kft. signed a cooperation agreement with the Office of Education, so Magyar Product and its trademark system will be part of the public education curriculum. This cooperation...
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BCSDH’s “Leaders of the Future” talent program was the winner of the Stimulation of Sustainable Transition award category in the national round of the European Business Development Award
The Hungarian Business Council for Sustainable Development (BCSDH) with its “Future Leaders” talent program won first place in the “Encouraging sustainable transition” category in the national round of the European...
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The EU authorizes the use of genetically modified corn as food and feed
The European Commission has authorized the use of two varieties of genetically modified corn as food and feed, the Brussels body announced on Tuesday. The commission’s authorization decision allows these...
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Heineken Balaton Sound starts on July 3
After its return in 2023, Heineken will once again join one of the most exciting summer events on the southern shore of Lake Balaton this year. As the namesake of...
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Zoltán Guller: MTÜ spent HUF six billion on international marketing last year
In an interview with Mandiner, the president of the Hungarian Tourism Agency (MTÜ), Zoltán Guller, explained the financial background and expected effects of the Budapest Influencer Trip. Guller said that...
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Nébih: 3 out of 27 gins did not meet the requirements
In the comparative examination of the product test of the Süpermenta program, 27 gins were analyzed, of which 3 did not meet the legal requirements based on the food quality...
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Melon season is getting longer and longer
In retail, the melon season is being postponed more and more, say Auchan experts. From the beginning of April to the end of September, the department stores sell melons. At...
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Decathlon is making a difference while its competitors are in a difficult situation
In the competition of sports chains, Decathlon shows outstanding results in Hungary, while its competitors, such as Hervis, accumulate significant losses. Decathlon, the French-owned sports goods and sportswear retail chain,...
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Several records were broken at the V. Tisza Lake PET Cup
Sorry, this entry is only available in HU....
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Procter&Gamble announced a special partnership with the Hungarian Paralympic Committee and paralympian Éva Hajmási
P&G has been a prominent supporter of the Olympic and Paralympic Games for the 12th year at the international level, and this year it launched a program together with the...
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Focus on ESG: what is double materiality?
The widespread adoption of sustainability measures and ESG policies is creating new challenges for companies. Under the Sustainability Act (Act 108 of 2023) and the EU’s Corporate Sustainability Reporting Directive...
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GLS acquired the Hungarian e-commerce fulfillment company, iLogistic
The GLS Group, a leading package logistics service provider in Europe and North America, has announced the acquisition of iLogistic, a Hungarian fulfillment company specializing in e-commerce. This step enables...
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Enjoy Tesco on Lake Balaton this summer as well: delivery to your holiday home in up to 30 minutes
A holiday in Balaton can be about carefree relaxation and the usual comfort at the same time. This year, Tesco will once again ensure that those staying at the lakeside...
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Profession.hu: The season of casual jobs has started
The beginning of the season of casual jobs can be dated to the end of spring: from the second half of May, job advertisements recruiting for this type of assignment...
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MTÜ: As of today, rural confectioners can apply for HUF 800 million in support
Nearly eight hundred rural confectioneries across the country can apply for a HUF one million non-refundable subsidy for equipment purchase and development from July 2 to August 1. The call...
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Five new companies have joined the Priority Exporter Partnership Program
The Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade (KKM) signed the Priority Exporter Partnership Program contract with five companies at the annual foreign trade meeting held...
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Discounted food prices will remain in Lidl for the benefit of customers
Discounted prices and promotions will continue to be available in Lidl Hungary stores. Although according to the decision of the Ministry of National Economy, domestic supermarket chains are no longer...
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Supporting the sense of responsibility in players overrides profit expectations!
Our magazine sat down for a chat with Zsófia Bánhegyi, chief commercial officer of Szerencsejáték Zrt. This article is available for reading in Trade magazin 2024/6-7 – Szerencsejáték Zrt. underwent great...
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New managing director at the head of OMV Hungary
From July, Ján Hrivňák will perform the duties of managing director and retail business manager of OMV Hungária Kft. The specialist has been working at OMV for about 10 years,...
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