News and articles

Target teams with Shopify to expand its marketplace

A selection of Shopify merchants, like True Classic, will join the mass merchant’s digital marketplace, with some available in stores in coming months. To build out its third-party marketplace, Target...

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Is orange wine the ‘drink of the summer’?

An explosion of posts on TikTok has shown a profound appetite for orange wine with some dubbing it the ‘drink of the summer’. It looks as though Generation Z and...

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TabLog: Innovative Solutions at the Service of Domestic Companies

TabLog is able to satisfy the needs of domestic companies, starting with time registration, internal communication, and even the entry system for construction sites. Thanks to the innovative solutions of...

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Danone CEO touts new strategy, focuses on science-based health mission

With the food industry at a “tipping point,” Danone SA will be leaning more toward science and innovation, operational discipline and proactive portfolio management in the 2025-28 period. As a...

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The Dance of Responsibility – Video of the Day

The joint campaign against drunk driving by Diageo and Attraction continues with the touching one-minute film Dance of Responsibility. The film has been seen in 45 countries worldwide, with more...

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Weird rules now apply to e-cigarettes

As of July 1st, new legislation came into effect in Australia, which significantly changes the distribution and purchase of disposable electronic cigarettes (vapes). According to the new rules, these products...

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AutoWallis has entered the car retail market of another country

The AutoWallis Group also entered the Czech car retail market after successfully closing the acquisition of three BMW dealerships from Stratos Auto. During the transaction, the dominant car trade and...

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Mizo banana-chocolate flavoured milk

Mizo’s new limited edition banana-chocolate flavoured milk in 450ml size. The product is available in shops from June. Contact: Sole-Mizo Tejterméket Gyártó, Forgalmazó és Szolgáltató Zrt. Anita Spitzmüller brand manager; T.:...

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Will the price of lángos at Lake Balaton increase?

The president of the Hungarian Catering Association, László Kovács, spoke on InfoRádio that caterers operating at Lake Balaton are trying to retain their regular customers and attract new ones with...

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DRS: a new era is really starting now

From July 1, 2024, a new era will begin in Hungary in terms of the beverage packaging redemption system. From this date, all newly introduced beverage packaging that is covered...

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The owner of the Kifli.hu brand will receive 170 million dollars in growth capital

The Rohlik international group of companies dealing with online food services, the owner of the domestic Kifli.hu brand, will receive 170 million dollars (160 million euros) in growth capital from...

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More and more thoughtful AI developments are taking place

Az innovációban élenjáró és a digitális átállást kiemelten kezelő cégeknél terjed leginkább a mesterséges intelligencia alkalmazása – derül ki a K&H innovációs index kutatás 2024 első félévi adataiból. Az AI...

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MTÜ: World Camping Day is celebrated for the first time, the number of guest nights in Hungarian campsites has increased significantly

For the first time this year, the UN tourism organization, UNWTO, announced the International World Camping Day, the Hungarian Tourism Agency (MTÜ) told MTI. According to the announcement, the purpose...

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Bringing industry players together is crucial

Our magazine has interviewed Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK). This article is available for reading in Trade magazin 2024/6-7  – NAK is the main umbrella organisation...

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KSH: the number of guest nights increased by 13 and the number of guests by 18 percent in May compared to a year earlier

In May 2024, 1.6 million guests spent 3.7 million guest nights at tourist (commercial, private and other) accommodations. The number of guests was 18, and the number of guest nights...

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The most important agricultural foreign trade partner is Germany

The value of exports of agricultural and food industry products was 3,570 million euros, and the value of imports was 2,428 million euros in the first quarter of 2024, the...

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FEOSZ: airlines cannot avoid responsibility for canceled flights

This summer, there are even more consumer complaints in air transport than usual, which is why the National Association of Consumer Protection Associations (FEOSZ) draws the attention of airlines to...

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Community built around production?

Community Supported Agriculture (CSA) is an increasingly popular sustainability concept. This article is available for reading in Trade magazin 2024/6-7 The model is basically that consumers pay for produce upfront,...

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GVH: the online Price Monitor will be one year old on Monday

On July 1, it will be one year since the online price monitoring system operated by the Economic Competition Authority (GVH) went live, the platform was created by the competition...

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Profession.hu: Four out of ten employees expect the home office rules to change

At the national level, three-quarters of Hungarian employees support the home office, regardless of whether it is feasible at all in terms of their own work. However, the possibility of...

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KSH: Sales prices in the food industry were 5.1 percent lower than a year ago

In May 2024, industrial producer prices were on average 0.2 percent lower compared to a year earlier. Domestic sales prices decreased by 3.9 percent, export sales increased by 1.7 percent....

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We can expect a long apricot season

Apricot growers can expect an excellent harvest, double last year’s, and a long season this year, the Minister of Agriculture announced on his social media page. István Nagy emphasized that...

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Swedish start-up to fortify plant-based meats with easy-to-absorb iron

A Swedish start-up has been granted EUR 1m in funding to develop plant-based proteins that help the body to easily absorb iron. This article is available for reading in Trade...

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MTÜ: the number of foreign pre-bookings increased as a result of the image film about Budapest

As a result of the image film made about Budapest, the number of pre-bookings from the United States and the United Arab Emirates increased by 40 percent in the first...

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AKI: seasonal fruits are cheaper compared to last year

Seasonal fruits are cheaper compared to last year, most of the vegetables did not become more expensive based on wholesale market prices – read the latest report of the Agricultural...

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The number of employed people was 4 million 749 thousand, the unemployment rate was 4.3 percent

In May 2024, the average number of employed persons aged 15-74 increased by 36,000 compared to the same period of the previous year, to 4,749,000. The number of unemployed people...

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NGM: tourist interest in Hungary has increased spectacularly

The visitor traffic of the Pentecost long weekend also made a significant contribution to the extremely spectacular results of the tourism sector in May, as the number of guest nights...

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Results and experiences of the first year of the Agro-ecological Program

Following the 2023 applications of the new green area-based subsidy, the Agro-ecological Program (AÖP), nearly 51,000 producers received a total of HUF 92.5 billion in payments for approximately 3.6 million...

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Just Eat Takeaway expands free delivery for Amazon Prime members to Europe

Just Eat Takeaway is expanding its partnership with Amazon to Europe. Austrian, German and Spanish members of Amazon Prime can now have their ordered meals delivered for free. In the...

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NGM State Secretary: the machine industry plays a decisive role in industrial development

The development of the machine industry is essential for Hungary to be at the forefront of European industry by 2030 – said the State Secretary responsible for industrial policy and...

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