News and articles
New Hungarian MICHELIN-starred and Green Star restaurant
Today, Michelin revealed the restaurants that have been included in the MICHELIN Guide Hungary 2024 edition. The 2024 edition of the Guide recommends a total of 78 restaurants: 34 in...
Read more
The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds, compliance with the rules on the identification and tracking of animals is expected. The Hungarian State Treasury carries out the...
Read more
Tapolca – 2024
Since Trade magazin has been organising the Business Day conference – the story began more than 20 years ago – I have attended almost all of them and I hope...
Read more
On self-acceptance, self-liberation and the gift of everyday life – We were learning together (Business Days 2024 Part 2)
On Friday at the Business Days conference it was all about winding down after a week of intense focus, in preparation for the upcoming weekend: the final day was about...
Read more
PENNY: committed to domestic values
In 2024 PENNY’s commitment to Hungarian products was particularly strong. This article is available for reading in Trade magazin 2024/12-2025/01 The retailer took three big steps in this direction. It...
Read more
Impossible Foods rolls out family-friendly products in the US
Impossible Foods has added three new products to its offering in the US. This article is available for reading in Trade magazin 2024/11 New products include Lion King Chicken Nugget...
Read more
Serious changes in the company car market – this is how businesses can prepare
According to the bill submitted on October 29, 2024 and already adopted by the government on November 25, the tax burden on company cars will increase significantly in the next...
Read more
EY Magyarország to launch pioneering new service with globally acknowledged managers
EY is launching a new service called AI Confidence, to provide an integrated approach for assisting companies in implementing AI solutions. This article is available for reading in Trade magazin...
Read more
Brits can now have their tea with a special oat drink
Glebe Farm Foods has created a plant-based drink called PureOaty Tea-rrific, which is designed for consumers who prefer to drink tea dairy-free. This article is available for reading in Trade...
Read more
Alufix Premium 3in1 Airfryer baking paper
3in1 siliconised baking paper that stands alone in the market. Suitable for: hot air oven, multicooker or baking mould. It is size independent, compatible with both small and large formats....
Read more
GVH President: “the priority task of the national competition authority is to protect the interests of Hungarian consumers”
Csaba Balázs Rigó gave a presentation at the December meeting of the Borsod-Abaúj-Zemplén County Public Administration College. The President of the Hungarian Competition Authority (GVH) presented the experiences of competition...
Read more
The price of stuffed peppers has increased by 9 percent
According to data from the Central Statistical Office, 90.61 thousand tons of peppers were harvested in Hungary from 1.28 thousand hectares in 2023. The export volume of green peppers decreased...
Read more
Mol and the University of Pannonia have completed a successful consortium project
Mol and Pannon University have concluded a successful consortium project and have signed a three-year cooperation agreement, Mol informed MTI. According to the announcement, Pannon University, Mol and their consortium...
Read more
Dishes made from Hungarian pork should be on the holiday table!
Not only fish dishes are in the spotlight during the holiday season, for example, three times more pork is sold in December than in other months of the year. The...
Read more
Intelligent robots: working for us, with us, instead of us
The exponential growth of the robot economy and technological development represent new opportunities, but also challenges for companies. So-called intelligent robots equipped with artificial intelligence can provide solutions to many...
Read more
Unilever to invest EUR 75m in Nyírbátor
Unilever is bringing the manufacturing of a new product category and global beauty brands to Hungary: Axe, Rexona and Dove aerosol deodorants will soon be made here. The new factory...
Read more
AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...
Read more
Farmer-centric agricultural policy after 2027 receives unanimous support
The EU member states’ agriculture ministers have adopted Council conclusions on the farmer-centric common agricultural policy (CAP) after 2027, which is a fantastic success, as it gives impetus to the...
Read more
Coca-Cola, Grab strengthen partnership to engage hybrid shoppers in SEA
It includes regional campaigns across both online and offline channels. Coca-Cola and Grab are strengthening their partnership to target hybrid shoppers in Southeast Asia by combining Coca-Cola’s offline retail presence...
Read more
Online and discount grocery to experience fastest growth in next 5 years
Online and discount grocery channels are set to experience the fastest growth worldwide over the next five year, according to the latest forecast from the Institute of Grocery Distribution (IGD)....
Read more
Monoprix Announces Plan To Enter Egypt In 2025
French retailer Monoprix plans to make a debut in Egypt next year as part of its international expansion. Monoprix has teamed up with Egyptian convenience retailer TMT, which operates the...
Read more
Slow but steady growth in sunflower producer prices
Oil World experts expect a global sunflower seed harvest of 53.7 million tonnes in the 2024/2025 marketing year, down 9 percent from 2023/2024. The expected consumption is 55.4 million tonnes,...
Read more
We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting
We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting in Brussels, we defended farmers’ subsidies with the EU agriculture ministers – said...
Read more
Companies’ recruitment plans reflect improving economic prospects
Although there is still much uncertainty regarding the resumption of economic growth, domestic companies are looking positively to the coming year based on employment plans. In the first quarter of...
Read more
Szallas.hu: a quarter of domestic bookings in the autumn were paid with SZÉP cards
A quarter of the total value of online payments related to domestic bookings in the autumn was settled with the SZÉP card on the Szallas.hu website, which clearly shows the...
Read more
Online retailers are much more optimistic about Christmas than last year
The renewed rise in real wages is likely to be reflected in this year’s Christmas spending. 50 percent of online stores selling products that come into focus at this time...
Read more
ESG: why is everyone only talking about large companies?
ESG aspects are key sustainability metrics. Yet, when we talk about ESG compliance, we most often refer to large companies and listed companies. But what about medium-sized companies, which are...
Read more
GKI analysis: Earnings – how much is too much?
One of the most common questions in recent months is why, despite the extremely high real wage level, Hungarian consumption is not expanding faster? According to the Minister of Economy,...
Read more
In the mood for Christmas: szaloncukor in the unusual test of Supermint
The main characters of the seasonal product test of Szupermenta, which is celebrating its 10th birthday, were coconut lollipops. The experts of the National Food Chain Safety Office (Nébih) conducted...
Read more
Smartphone payments turnover increased by 180 percent in two years
In ten months, K&H customers spent more than 469 billion forints with smart devices. This is 58 percent more than a year earlier, while compared to the same period in...
Read more