News and articles

Csaba Balázs Rigó: the GVH imposed fines of more than four billion forints this year

The Hungarian Competition Authority (GVH) has imposed fines of more than four billion forints this year, the organization’s president said in an interview published in Magyar Nemzet on Saturday. In...

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NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy

The government is working to strengthen domestic industry, which is being held back by the crisis in the German economy, the Ministry of National Economy (NGM) emphasized in its analysis...

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SPAR Hungary also made its mark at one of the largest Hungarian gin festivals in Budapest

The IV. Gin Market Budapest awaits visitors with more exhibitors than ever before, in an impressive new location, on June 13-14, 2025. The organizers are expecting around 10 thousand guests...

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Be smart with smart gifts! Media Markt’s post-holiday advice

Joy or headache? It is a great joy to see a gift phone under the Christmas tree and unwrap it, or even a new laptop or maybe a coffee maker....

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L’Oréal appoints new managing director for the Czech, Hungarian and Slovak markets

L’Oréal has announced the appointment of Monika Masewicz as the new Managing Director for the Czech Republic, Hungary and Slovakia, effective January 1, 2025. With extensive leadership experience in international...

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Together for good causes: JYSK distributed product donations worth a total of 1 million forints among 5 civil organizations

JYSK Hungary Kft. and Sharity Mobile Application Zrt. launched a joint Christmas competition in December to provide assistance to various civil society organizations. The aim of the initiative was to...

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Bank360: Banks are already rushing to provide workers’ loans

Most banks did not wait a minute, they announced their workers’ loans on the first day of January. The conditions are similar due to legal constraints, but there are significant...

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Eurostat: the number of short-term guest nights booked on online platforms in the EU continued to increase

The number of short-term overnight stays booked on online platforms in the European Union member states continued to rise: in the third quarter of 2024, 366.2 million short-term overnight stays...

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Tokaj and Eger producers won the Hungarian Wine Grand Prix

In the white wine category, the 2021 Csontos Furmint from Bott Pince in Tokaj, and in the red wine category, the 2019 Agapé Nagy-Eged-hegy Grand Superior from Eger in St....

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McDonald’s comeback strategy: McValue has arrived

McDonald’s, the largest fast-food chain in the United States, is trying to win back budget-conscious customers with a new menu concept. The “McValue” value menu will launch on Tuesday, marking...

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EM: you can apply for the popular green energy subsidy for one more week

There is still one more week to apply for the popular green energy subsidy, the Ministry of Energy (EM) has announced. According to a statement sent to MTI, the opportunity...

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LG and Microsoft sign strategic agreement in AI field

LG has announced a strategic partnership with Microsoft at CES 2025, showcasing its vision for everyday life infused with AI services. LG Electronics (LG) has entered into a strategic partnership...

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Szallas.hu: Eger, Szeged and Pécs are the most popular among domestic travelers on New Year’s Eve

On New Year’s Eve, Eger, Szeged and Pécs are the most popular destinations among domestic travelers – Szallas.hu reported to MTI based on its booking data. The accommodation booking portal...

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Waberer’s becomes the majority owner of GYSEV Cargo Zrt.

Waberer’s International Plc. is acquiring a 70 percent stake in GYSEV CARGO Zrt., according to a notice published on the Budapest Stock Exchange (BSE) website on Monday. The contract for...

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NAK recommends giving preference to Hungarian products when buying sausages

The National Chamber of Agriculture and Food (NAK) also recommended giving preference to Hungarian products when choosing New Year’s Eve sausages, because they are traceable, continuously controlled, and designed for...

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New CEO appointed at Bosch Rexroth Kft.

A new CEO has been appointed at Bosch Rexroth Kft., István Ács, who has managed the company for more than two decades, will be replaced by Daniel Prekel, a German-born...

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The first One Hungary brand store opened in Budapest

After more than a year and a half of preparatory work, One Magyarország, a member of the 4iG group, opened its first “flagship” brand store on Monday in the Westend...

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Despite the droughts, the productivity growth of Hungarian agriculture is at the forefront of the EU

Despite the natural disasters of recent years, the productivity growth of Hungarian agriculture is at the forefront of the entire European Union according to several data sets, as it has...

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AM: first results of winter seasonal food chain inspection available

Food safety and consumer protection will also receive significant attention during the 2024 winter holiday season: the winter seasonal food chain inspection ordered by Márton Nobilis, the Secretary of State...

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Bird flu has also reached Szabolcs-Szatmár-Bereg County

The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of bird flu virus in Szabolcs-Szatmár-Bereg County. The liquidation of the affected roast duck population and...

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JobGroup, the renowned domestic HR service provider, has entered into a merger

Job Personal Consulting Ltd. – JobGroup – has acquired the business activities of Tredis Consulting Ltd., with which they officially merged as of January 1, 2025, and from the second...

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The EPR system has been amended for the benefit of small food producers and primary agricultural producers

The new year has brought simplified administration and a one-time annual EPR payment obligation for small food producers and primary agricultural producers who do not reach the revenue ceiling. Thanks...

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New bee welfare support scheme launched

A new call for applications to develop the ecosystem service capacity of bee colonies has been launched within the framework of the CAP Strategic Plan. Applications for the doubled support,...

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Waterfowl farmers to receive additional support this year

Since the waterfowl sector has faced serious challenges in the recent period due to avian influenza and market conditions, waterfowl farmers participating in the poultry animal welfare program will receive...

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The 860 billion forint development demand in the livestock sector is a good message

This year, those active in the livestock sector have requested 860 billion forints of support for large and small projects, which is a good message because it shows that there...

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Illegal activities may have played a role in the spread of bird flu

The veterinary authority has also experienced failure to keep poultry indoors, illegal keeping and illegal sale of poultry and poultry products during the bird flu epidemic that has been ongoing...

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Germany remains the main agricultural trade partner

Hungary’s agricultural foreign trade was also concentrated and strongly Europe-centric in the period under review: 95 percent of exports were made with European countries. Asia’s share was 3.1 percent, America’s...

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Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners

This year, Trade Magazine announced the Christmas TV Ads 2024 – Audience Choice Award contest for the second time. The competition received 11 entries this year, which were judged by...

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This year’s CO-OP Star Silver Pine and Silver Star awards have been presented

As every year before Christmas, this December, the CO-OP Star Silver Fir celebration was held, where the company’s board of directors honored employees with outstanding performance and two external partners...

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Declining company numbers, permanent half-million limit

In 2024, the number of partnerships is expected to decrease by 12 thousand, while the number of foundings is only 22 thousand, which is the weakest result in the past...

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