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WHO: They urge a 50 percent price increase for tobacco, alcohol and sugary drinks
The World Health Organization (WHO) is calling for the prices of tobacco products, alcoholic beverages and sugary soft drinks to be increased by at least 50 percent over the next...
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Eurozone economic growth accelerated in June
The eurozone’s economic performance accelerated in June, according to the final purchasing managers’ index (BMI) released by S&P Global Market Intelligence and Hamburg Commercial Bank AG. The eurozone’s composite BMI,...
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This is how drug prices are changing: the government introduced price restrictions
The Ministry of National Economy’s price restrictions on medicines came into effect on July 1, affecting 34 over-the-counter and 10 prescription, non-subsidized products. The regulation aims to curb unjustified price...
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MOHU has 33 billion forints left after the unreturned bottles – but they can’t profit from it
In the first half of 2024, MOHU generated nearly 33 billion forints in revenue from the beverage bottle return system (DRS), but we cannot speak of a profit. According to...
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Near-record global coffee harvest expected in 2025/2026 season
The world coffee market is approaching a new peak: according to the latest forecast from the US Department of Agriculture (USDA), the global coffee harvest could reach 178.68 million bags...
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Auchan is campaigning for greener consumer choices in July
Auchan Hungary will join the global Plastic Free July initiative in 2025. The company is committed to sustainability, one of the main elements of which is the reduction of plastic...
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Revolut in the crosshairs, but Hungarian fintechs are the collateral damage – another blow to domestic innovation
The amendment to the rules on financial transaction fees has unexpected consequences: while the target is clearly Revolut, the introduced rule change has serious side effects for the entire domestic...
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NKFH launches nationwide olive oil raid to crack down on food adulteration
In order to protect consumer health and curb food adulteration, the National Trade and Consumer Protection Authority (NKFH) is launching a nationwide inspection, focusing on products labeled as extra virgin...
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Fiatalok az agrár-élelmezési szektorban a FAO kutatása szerint
The Food and Agriculture Organization of the United Nations (FAO) today released a comprehensive report on the current 1.3 billion young people aged 15-24 worldwide, entitled “The State of Youth...
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At the forefront of the domestic food industry for more than half a century
The future of the food industry is shaped by young professionals who respect traditions and boldly embrace the opportunities offered by new technologies, said András Tállai, Parliamentary State Secretary of...
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A bubble containing the whole world
Our drink choices can be influenced by many factors: sometimes our mood determines what we choose from the endless selection, other times we pair a drink blessed with exceptional properties...
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András Tállai: “There is strong intent and potential for development in the sector”
András Tállai, state secretary of the Ministry of Agriculture talked to our magazine about the current challenges facing the food economy and the planned responses. This article is available for...
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Csodalámpa canvas bags again at Rossmann
Rossmann has once again joined a special charity initiative: after 2023, the Csodalámpa canvas bags designed by designer Péter Merő will be available again in all Rossmann stores and Online...
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Record year in the Széchenyi Card Program – KAVOSZ brought stability and momentum to the SME sector
The KAVOSZ group continues to be a key player in the financing of domestic micro, small and medium-sized enterprises (SMEs): the company achieved its strongest results in its history in...
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Agricultural loans decreased by 6 percent
Agricultural loans decreased by 6.0 percent to HUF 1,001.2 billion compared to the same period of the previous year. Within this, the share of preferential loans was 62.6 percent, and...
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Agriculture’s income-generating capacity may depend on irrigation
Europe is facing an increasingly significant water shortage, so agriculture’s income-generating capacity may depend on irrigation and water storage – said the State Secretary for Agriculture of the Ministry of...
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More and more people are choosing Lake Balaton instead of Croatia this year – but caterers can’t sit back
Although the 2025 summer season at Lake Balaton promises strong traffic, most caterers are hoping not for growth but for survival. The return of Hungarian guests to the most popular...
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Lake Balaton boating: the high season starts with discounts and more frequent sailings
Balatoni Hajózási Zrt. (Bahart) is expecting a high-traffic peak season, increasing its services on its busiest routes, adding a new route to its scheduled shipping service and offering numerous discounts...
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Vegan barbecues will cost more in Germany this year
In Germany the price of vegan grilling products grew by 7% compared to 2024, according to the latest retail analysis by Marktguru. This article is available for reading in Trade...
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42 percent of agricultural investments were spent on buildings and structures in 2024
According to preliminary data from the Central Statistical Office, the performance value of agricultural investments in 2024 was 669.4 billion forints. Based on the data received from the 1237 agricultural...
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Green Cloud’s commercial director arrives from Auchan
Green Cloud, a leader in the market for sustainable corporate energy solutions, has appointed a new Commercial Director. The position is held by Ildikó Varga-Futó, who previously managed the food...
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Spring Happiness brand canned lychee recalled due to pesticide content
Based on a notification received through the European Union’s Rapid Alert System for Food and Feed Safety (RASFF), an insecticide (diflubenzuron) exceeding the limit value was detected in Dutch canned...
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Budapest could be the region’s creative industry capital by 2030
The economic potential of the creative industry is now not only a cultural issue, but also a competitiveness issue. The goal of the Hungarian Fashion & Design Agency (MDDÜ) is...
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The Hungarian National Gallery and LG photo competition has closed.
The photo contest jointly announced by LG Hungary and the Hungarian National Gallery has ended with nearly 700 entries. The first-place entry was inspired by the painting titled Woman Carrying...
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Imre Hubai: Sufficient Quantity and Good Quality of Grain Harvested in Hungary
This year’s harvest has yielded a satisfactory quantity and quality of grain in Hungary – announced Imre Hubai, State Secretary for Agriculture at the Ministry of Agriculture, during a press...
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Tears in the Water benefit concert in September, charity campaign continues
Due to the extreme heat, the organizers postponed the “Tears in the Water” Charity Concert until early autumn. However, the donation campaign related to the event will continue, as part...
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At the forefront of the domestic food industry for more than half a century
The future of the food industry is shaped by young professionals who respect traditions and boldly embrace the opportunities offered by new technologies – said András Tállai, Parliamentary State Secretary...
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Google and German Retail Association Launch AI Training Initiative
Google and the German Retail Association (HDE) have announced a new joint initiative to improve AI skills in the retail sector. The programme aims to provide orientation in the complex...
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Hungarian-Dutch export market grew significantly
PublicationsStatistics Hungary’s agricultural foreign trade was also concentrated and strongly Europe-centric in the quarter under review: 95.1 percent of export turnover was with European countries, Asia’s share was 3.2, America’s...
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Juicy Start: Hungary’s 2025 Melon Season Has Officially Kicked Off
Despite a cool spring that delayed the start of the Hungarian melon season by a few weeks, local growers are once again offering sweet, top-quality watermelons and cantaloupes. This was...
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