News and articles

AI could have USD 1.6 thousand billion impact in North America by 2030

Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...

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Farmer-centric agricultural policy after 2027 receives unanimous support

The EU member states’ agriculture ministers have adopted Council conclusions on the farmer-centric common agricultural policy (CAP) after 2027, which is a fantastic success, as it gives impetus to the...

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Coca-Cola, Grab strengthen partnership to engage hybrid shoppers in SEA

It includes regional campaigns across both online and offline channels. Coca-Cola and Grab are strengthening their partnership to target hybrid shoppers in Southeast Asia by combining Coca-Cola’s offline retail presence...

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Online and discount grocery to experience fastest growth in next 5 years

Online and discount grocery channels are set to experience the fastest growth worldwide over the next five year, according to the latest forecast from the Institute of Grocery Distribution (IGD)....

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Monoprix Announces Plan To Enter Egypt In 2025

French retailer Monoprix plans to make a debut in Egypt next year as part of its international expansion. Monoprix has teamed up with Egyptian convenience retailer TMT, which operates the...

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Slow but steady growth in sunflower producer prices

Oil World experts expect a global sunflower seed harvest of 53.7 million tonnes in the 2024/2025 marketing year, down 9 percent from 2023/2024. The expected consumption is 55.4 million tonnes,...

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We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting

We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting in Brussels, we defended farmers’ subsidies with the EU agriculture ministers – said...

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(HU) Tessék mondani, merre van a gombarészleg? – A nap képe

Sorry, this entry is only available in HU....

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Companies’ recruitment plans reflect improving economic prospects

Although there is still much uncertainty regarding the resumption of economic growth, domestic companies are looking positively to the coming year based on employment plans. In the first quarter of...

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Szallas.hu: a quarter of domestic bookings in the autumn were paid with SZÉP cards

A quarter of the total value of online payments related to domestic bookings in the autumn was settled with the SZÉP card on the Szallas.hu website, which clearly shows the...

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(HU) A nap mondása

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Online retailers are much more optimistic about Christmas than last year

The renewed rise in real wages is likely to be reflected in this year’s Christmas spending. 50 percent of online stores selling products that come into focus at this time...

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ESG: why is everyone only talking about large companies?

ESG aspects are key sustainability metrics. Yet, when we talk about ESG compliance, we most often refer to large companies and listed companies. But what about medium-sized companies, which are...

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GKI analysis: Earnings – how much is too much?

One of the most common questions in recent months is why, despite the extremely high real wage level, Hungarian consumption is not expanding faster? According to the Minister of Economy,...

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In the mood for Christmas: szaloncukor in the unusual test of Supermint

The main characters of the seasonal product test of Szupermenta, which is celebrating its 10th birthday, were coconut lollipops. The experts of the National Food Chain Safety Office (Nébih) conducted...

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Smartphone payments turnover increased by 180 percent in two years

In ten months, K&H customers spent more than 469 billion forints with smart devices. This is 58 percent more than a year earlier, while compared to the same period in...

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“You are what you eat” – New program researches the eating habits of families with children

Proper nutrition plays a fundamental role in the physical and mental development of children and determines their quality of life in the long term. However, in Hungary, the health of...

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Lidl offers many products cheaper than last year

Lidl Hungary offered more than 600 products cheaper in November alone than in the same period last year. It also implemented a further permanent price reduction, within the framework of...

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ALDI is open until noon on December 24th

ALDI stores will be open on December 24 this year, taking into account the needs of customers. In the interests of employees, shopping will only be possible until noon. ALDI...

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In addition to delicious desserts, poppy seeds are the raw material for many of our medicines

Poppy seeds are not only an excellent traditional ingredient for our desserts. Due to their rich vitamin and mineral content, their consumption also contributes to the healthy functioning of our...

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The 9th PENNY Santa Run broke a record

The 9th PENNY Santa Claus Run took place in Budapest on December 8th with the largest field of all time and record participation. Three thousand two hundred people set off...

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From January 1, buyers must pay producers within 30 days

The 30-day payment deadline for agricultural and food products has been in effect since 2012, but – in order to protect producers – violating this will also result in an...

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8 million bottles of spirits and 225 cash machines await customers

Tesco has prepared 8 million bottles and cans of alcoholic drinks for the end of the year festive season, including high-quality and affordable Finest wines and champagnes, as well as...

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KPMG says companies should appoint a dedicated leader to lead AI transformation

There is no question that the application of advanced technologies, including generative artificial intelligence (GenAI), is becoming an important breakthrough for economies and companies. Companies must therefore appoint a responsible...

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Freedom24 stock market predictions for 2025: best-performing sectors and key trends

Freedom24, an innovative trading platform that connects investors to the world’s leading stock markets, has identified the trends that will impact stock market performance in 2025 and has compiled a...

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The renewed ProWein is making everyone excited

ProWein 2025 is presenting itself with the motto “Discover the flavours of tomorrow”, a fresh and modern look and a new hall layout. The entire world of wines and spirits...

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We didn’t see this coming: a green gastro-oasis and Zara Home x Nanushka collab for Christmas at Arena Mall

Fresh, comfortable, sustainable: from now on, we can enjoy a lively, green environment in Arena Mall’s renewed foodcourt. This will come in handy during the Christmas shopping tour, which the...

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Energy efficiency investments and climate protection measures are becoming impossible

Further amendments are needed to the energy efficiency law before the Parliament, according to logistics professional organizations. They warn that if the amendment is adopted in December without revision, it...

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The Saudi Arabian market is happy to see Hungarian know-how

The Hungarian-Saudi Arabia Digitalization Cluster (HSD Cluster) held its first open day, where participants could gain insight into the Cluster’s operations, vision and objectives. The special guest of the event...

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