Market News
This is what the youngest customer group spends on
Two-thirds of the 14-18-year-olds receive an average of HUF 22,000 in pocket money per month. Girls spend more on clothes and gifts, boys spend more on online games and electronic...
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This year’s support program for the beekeeping industry is starting
Beekeepers can benefit from more than HUF 3 billion, as the regulation of the sector’s support program according to the Strategic Plan of the Common Agricultural Policy has been published...
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This is how the webshop regulation affects retailers
At the 8th Ecommerce Expo Budapest, held on 29 February 2024, Dr Barnabás Balczó, president-CEO of MPL spoke about the new government regulation known to many as the “Webshop Decree”. This...
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Mobile payment is now a daily routine for Hungarian students
Mastercard has conducted a survey among young Hungarians about their financial habits, personal motivations and goals for the second time. This article is available for reading in Trade magazin 2024/4...
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Mastercard and Nexi working on open banking payments
Europe’s leading PayTech company Nexi has chosen Mastercard as a strategic partner for its open banking programme in Europe. This article is available for reading in Trade magazin 2024/4 The...
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About seventeen thousand families are supported by Katolikus Karitász’s Easter non-perishable food collection
One hundred and fifty tons of food were collected at the Easter non-perishable food collection initiated by the Hungarian Catholic Bishops’ Conference and conducted by Catholic Charity, of which almost...
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Hungarian Product trademarks underline the true value of AGROSPRINT products
For more than three decades Agrosprint has been a leading company in the domestic market for quick-frozen fruit and vegetables. This article is available for reading in Trade magazin 2024/4...
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Ten million kilograms of food donated
Last year the Hungarian Food Bank Association saved 10 million kilograms of food from stores and manufacturers, donating it to people in need. This article is available for reading in...
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Winner of the Gyermelyi TikTok talent contest announced
Gyermelyi has announced the results of this year’s Recipe Roulette influencer talent contest: the winner is Virág Molnár. This article is available for reading in Trade magazin 2024/4 In addition...
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Dm helps families with young children in need by donating nappies
This year again three trucks transported 75 pallets of babylove nappies – a total of 6,500 packs – from the dm drugstore chain’s warehouse, to be distributed among 260 families...
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More companies feel that they are in a more stable financial situation than last year
Companies are more optimistic about the year ahead than they were last year. A greater proportion feel that they can count on a secure financial situation this year: while in...
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Will we be saying goodbye to maple syrup soon?
A sudden drop in Canada’s major maple syrup reserves is causing concern: The amount of maple syrup in a reservoir in Quebec has dropped to a 16-year low of just...
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“How Much To Eat From What” is more and more popular
In the last 8 months more than 3,000 adults have joined the How Much To Eat From What programme of the Auchan Foundation, in order to receive free personalised nutritional...
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K&H and the Dairy Board renew cooperation
In order to promote the future development of the dairy sector and innovative investments, K&H and the Milk Interbranch Organisation and Dairy Board have renewed their cooperation. This article is...
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Support for irrigation development continues
Farmers must be supported in being able to adapt to the challenges posed by climate change and at the same time increase the cultivation of crops with greater added value. As...
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Maxima Latvija Invested €11.5m In Store Renovation In 2023
Maxima Latvija invested €11.5 million in reconstructing and renovating its store network in Latvia in 2023. During the year, Maxima Latvija invested more than €5 million in renovating its stores...
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The price of eggs at the packing point is still lower than last year
Based on data from the KSH, in 2023, Hungary bought 35.5 thousand tons of shell eggs from the international market, almost the same amount as the previous year, within which...
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Budweiser Teams Up With Artist Peter Blake On New ‘Pop Art’ Can
Beer brand Budweiser has teamed up with Sir Peter Blake, the artist behind the cover of The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band, on a new series of Pop-Art...
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FMI: 57% of shoppers purchase produce from mass retailers, supercenters
While traditional grocery stores are still consumers’ top places to buy produce, low-price format retailers are making significant gains in the category. Where consumers purchase produce has shifted to favor...
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The Council of the EU approved the proposal for the revision of the common agricultural policy
On Tuesday, the EU Council of Agriculture Ministers approved a proposal for a targeted revision of the Common Agricultural Policy (CAP), which aims to simplify and reduce the administrative burden...
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Association of Hungarian Confectionery Manufacturers: there are challenges in the market
The bite of last year’s inflation also left a deep mark on the confectionery market. While the size of the market increased by 23 percent year-on-year to HUF 381 billion...
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2023 was a terrible year for the Hungarian meat industry
The year 2023 was full of challenges for the Hungarian meat industry, in which many factors played a role. The year was often compared to the biblical ten plagues, which...
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In March, the GKI economic index rose by 3 points
According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in March, the business world and the population reported slightly more favorable prospects...
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From 2024, March 25 is the day of Hungarian fruit landscape varieties
Preserving the genetic diversity of our cultivated crops is in the fundamental interest of domestic agriculture. These include the fruit landscape varieties that have long been present in the Carpathian...
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Nébih has once again announced the greening of Easter tender
The National Food Chain Safety Office (Nébih) has once again announced the Easter greening tender in the spirit of conscious holiday preparation, Nébih told MTI on Monday. The announcement was...
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Hungarian lambs are placed on Italian Easter tables
Former head of state János Áder and Italian restaurant owner Gianni Annoni spoke about Italian Easter traditions and sustainability in the latest broadcast of his Blue Planet podcast, published on...
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Márton Nagy: the growth of the Hungarian economy at around 4 percent is sustainable
The government expects an economic growth of between 2-3 percent this year, but growth of around 4 percent is achievable and sustainable in the long term in 2025, said the...
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NAV found more than 2.5 tons of spoiled meat in a truck
The financial inspectors of the National Tax and Customs Administration (NAV) found more than 2.5 tons of spoiled, rotting meat in a truck on highway 47. On Monday, NAV informed...
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Diageo tests aluminium bottle for Baileys
Diageo said it will make “over 30,000” of the aluminium bottle edition available for purchase. Diageo’s efforts to make its packaging more environmentally sustainable have continued with the test launch...
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From 2024, March 25 is the day of Hungarian fruit landscape varieties
Preserving the genetic diversity of our cultivated crops is in the fundamental interest of domestic agriculture. These include the fruit landscape varieties that have long been present in the Carpathian...
Read more