News and articles

Temu has already targeted the European food market

The Chinese-rooted Temu is posing an increasingly serious threat to European retail: the online platform offering penny-sized industrial goods is now preparing to expand into food retail on the continent,...

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Irrigation water resources equivalent to one-third of Lake Balaton are available

Despite the extraordinary drought and lack of precipitation, we can meet all irrigation needs – said Imre Hubai, State Secretary for Agriculture at the Ministry of Agriculture. He added that...

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Free irrigation water provided to farmers is a key element in the fight against drought

Free irrigation water provided to farmers is a key element in the fight against drought, the State Secretary for Agriculture of the Ministry of Agriculture announced in Kisköre on Saturday....

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Corporate leaders’ commitment to sustainability at record level

According to the latest data from the K&H Sustainability Index, the attitude of company leaders has improved dramatically: the attitude sub-index rose to 72 points. The greatest progress was made...

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FAO food price index rose slightly in June due to higher prices of meat, dairy products and vegetable oils

The Food and Agriculture Organization of the United Nations (FAO) reported on Friday that the world food commodity price index rose slightly, by 0.5%, in June. While international quotations of...

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What can cause the price of a wine to increase tenfold?

There are fewer of them worldwide than the number of people who have been in space, their number is much more modest than that of Nobel laureates, and there is...

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Now you can get the ingredients for Hungarian lecsó up to 20% cheaper at PENNY

The unmissable favorite of the summer season is fresh, homemade lecsó, for which many ingredients are now available at significant discounts in PENNY. Domestic products and budget-friendly prices play a...

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Nutella is threatened by frost damage: the price of Turkish hazelnuts is rising drastically

Severe spring frosts have hit Turkey, the world’s largest hazelnut producer, which not only threatens the livelihood of domestic farmers, but may also have a significant impact on the international...

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MBH Bank-CIG Pannónia: nearly half of passengers do not take out travel insurance

Nearly half of travelers do not take out travel or accident insurance, even though accidents and illnesses during vacations can cost millions, according to research by MBH Bank and an...

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Beer with melon? Or how do Hungarians cool themselves off in the heat?

More people choose air conditioning to relieve the heat at home than chilled melons or ice-cold beer – according to the latest online survey by Pepita.hu. However, the application of...

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A revolutionary breakthrough in plastic waste management: a cheaper and cleaner process for recycling PET has been developed

American and British researchers have developed a new method for recycling the world’s most commonly used plastic, PET (polyethylene terephthalate), which is not only more environmentally friendly than traditional methods,...

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Alcohol-free novelty in the Balaton wine world

Laposa Birtok has reached a new milestone: it has introduced its first alcohol-free wine, Laposa Vitorlás Alcohol-Free Italian Riesling, which offers conscious consumers an uncompromising wine experience. The wine presentation...

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We celebrate World Chocolate Day!

It’s hard, even painful, to imagine a world without chocolate treats. World Chocolate Day is celebrated worldwide on July 7th, paying tribute to the sweet treat that has enchanted millions...

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Hungarian SMEs see the future in development

The vast majority of companies desire and plan technological developments, and they see digitalization as key to increasing competitiveness, but the prevalence of automation and Industry 4.0 solutions is still...

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The European Commission has authorised the import of genetically modified soybeans into the EU

The European Commission has authorised the import of genetically modified soybeans into the EU and their use in food and feed, the EU’s executive body announced on Friday. According to...

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Small shops and pubs will continue to receive support

The focus is on rural Hungary, and the government is providing special support to settlements with a population of 5,000 or less under the Hungarian Village Program, the Ministry of...

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Two special food products will be placed under a new tariff heading

On 19 June 2025, the European Commission published new implementing regulations amending the tariff classification of two special food products – a gellan gum sugar mixture and an alcoholic carbonated...

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Several French cognac brands have been granted duty-free status in China, but not everyone is happy

China imposed an anti-dumping duty of up to 34.9 percent on brandy imports from the European Union on Saturday – however, several of the largest French cognac producers were exempted...

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Euro or forint? Which one should we choose when making card purchases abroad?

If you are going on holiday abroad, it is worth preparing for a pitfall when using your bank card, which could mean unnecessary expenses of up to tens of thousands...

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Divisive deal: EU import quota for Ukrainian agricultural products increases

The European Union has signed a new agreement with Ukraine that will increase Ukrainian import quotas for several agricultural products – but neither Brussels nor Kiev can claim complete success....

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We have already announced a tender worth 1,500 billion forints for the development of agriculture

Within the framework of the Common Agricultural Policy Strategic Plan, the Ministry of Agriculture has already published 46 calls for proposals, with a total of 1,502 billion forints in resources...

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MTÜ: sixty applicants submitted one hundred and twenty works to the Tokaj Mosaic Design Competition

Sixty applicants submitted one hundred and twenty works to the Tokaj City Municipality and the Hungarian Tourist Agency (MTÜ) competition on the past and present of the Tokaj wine region....

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Tamás Éder: “The goal is increasing efficiency and promoting robotics and automated technologies”

We asked Tamás Éder, president of the Federation of Responsible Food Manufacturers (FÉSZ) about the state of play in the sector. This article is available for reading in Trade magazin...

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There is a problem with corn

As we enter the middle of the summer harvest season, the picture of the 2025 arable crop results is becoming clearer. The barley harvest is practically complete, and about a...

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African swine fever outbreak in Croatia continues to pose a risk

According to the information provided by the Croatian Ministry of Agriculture, Forestry and Fisheries, African swine fever (ASF) has re-emerged on 3 farms in eastern Croatia, near the settlements of...

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Dividend freeze at Hugo Boss: the British owner reaches the peak of its influence

The British Frasers Group, the largest shareholder of Hugo Boss, announced that it does not support the German fashion company’s dividend payment plans. The share price shot up on the...

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The number of alternative protein patents is skyrocketing

Innovations related to alternative proteins are developing at a breakneck speed: the latest study by GFI Europe reveals that in 2023 1,191 patents were filed in the fields of plant-based...

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Revolut: crypto services suspended in Hungary

Revolut is temporarily suspending its crypto services in Hungary, we have been informed by several users. According to the company, due to recent Hungarian legislative changes, they are currently unable...

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Ministry of Agriculture: at the forefront of the domestic food industry for more than half a century

The future of the food industry is shaped by those young professionals who respect traditions and bravely use the opportunities offered by new technologies – said András Tállai, Parliamentary State...

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Budapest’s nightlife has reached a turning point: instead of mass tourism, a qualitative rethink is needed

The once vibrant nightlife of Budapest has now been spectacularly worn out – the legendary ruin pubs have been replaced by clichéd bars tailored to the needs of quantitative tourism,...

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