News and articles
Zsuzsanna Szűcs was again elected president of the National Association of Hungarian Dietitians
Date: 2024-05-21 10:46:34
The National Association of Hungarian Dietitians (MDOSZ) again elected Zsuzsanna Szűcs as president at its general meeting. Based on the votes of the membership, the dietician, who held the position...
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Netrisk: more people took out travel insurance in the first quarter
Date: 2024-05-21 10:36:22
According to this year’s Netrisk data, Hungarians signed 72,000 travel insurance contracts in the first quarter, 13 percent more than a year earlier. The average fee was HUF 10,500, which...
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The Craft Conference is 10 years old: artificial intelligence is in focus
Date: 2024-05-21 10:24:05
What CES is to technological innovation, Craft is to software development – the largest IT professional conference in Central Europe celebrates its tenth birthday this year, which invites thousands of...
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New Haribo Bitter Lemon & Friends available for a limited time in Austria
Date: 2024-05-21 09:58:53
Haribo launches a new product in Austria inspired by the world of beverages. The now 104-year-old Bonn-based confectionery manufacturer offers more than 200 different varieties – and now the portfolio...
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Certified organic market sees record sales in 2023
Date: 2024-05-21 09:52:52
The US certified organic market reached a record $69.7 billion in sales in 2023, according to data from the Organic Trade Association (OTA). Sales in the category rose 3.4% compared...
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German supermarkets draw even with discounters
Date: 2024-05-21 09:34:32
After two years of inflation-induced market share losses, German supermarkets stabilize their market position. Food prices are deflating for the first time in ten years. Market leader Edeka ended the...
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The activities of Żabka Group have a significant impact on the development of the Polish economy
Date: 2024-05-21 09:12:30
The recently published Responsibility Report, “Conveniently and Responsibly”, shows that the total amount of added value generated by the Group and its collaborating franchisees reached PLN 9.1 billion in 2023,...
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FMCG market exclusive for corporate decision-makers
Date: 2024-05-20 18:19:44
Once again this year, Trade magazin is organizing its traditional half-day professional program for business leaders on the current affairs of the economy, at the Business Meetup&Dinner event. In the...
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Euro zone inflation was 2.4 percent in April as well after March
Date: 2024-05-20 12:29:27
In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...
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The Hungarian Marketing Association elected new board members
Date: 2024-05-20 12:10:45
The defining organization of the profession, the Hungarian Marketing Association (MMSZ), organized its renewal general meeting on May 15 in Haris Park, at which the members elected an expanded, now...
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NGM: handed over high-tech developments to Fábián Gergely Sárvár
Date: 2024-05-20 12:05:27
Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...
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Mihály Varga: the economy is entering a phase of intensive development
Date: 2024-05-20 12:02:36
Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...
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Do guest workers inevitably come to Hungarian agriculture and the food industry?
Date: 2024-05-20 12:01:16
Significant labor shortages and employment difficulties exist in the Hungarian agricultural and food industry sectors, which can be attributed to multiple factors. According to Dr. Kántor Gyöngyi, HR director of...
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Sustainable Hungarian cleaning products have arrived on the shelves of Auchan
Date: 2024-05-20 12:01:09
CYCLE’s commitment to a sustainable lifestyle is rising to a new level, as its eco-friendly cleaning products will be distributed nationwide in Auchan stores from May. More and more people...
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“The fan is in you!” – MOL launches a campaign supporting the Hungarian national football team
Date: 2024-05-20 11:59:01
Laci Lukács, Panni Epres, Peti Marics and MOL support the Hungarian national team together: the stars encourage the players with their personal vows and encourage the fans to do the...
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Double orders for one delivery fee at Wolt
Date: 2024-05-20 11:58:59
Wolt, the popular technology company, has announced that its users in Hungary can now order from two different restaurants or shops in the same area at once, all under a...
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The price of olive oil may increase significantly
Date: 2024-05-20 11:57:57
Olive oil prices have soared to record levels, caused by a shortage of “liquid gold” and extreme weather due to climate change, plunging the industry into crisis. This essential food...
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The price of eggs fluctuates
Date: 2024-05-20 11:54:41
The trends in egg prices and consumption in Hungary are significantly cyclical, influenced by the increased demand during the Easter and Christmas seasons and a decline during the summer months....
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Continental’s Budapest factory received the “Reliable Employer” award
Date: 2024-05-20 11:51:50
This year, the German-Hungarian Chamber of Industry and Commerce (DUIHK) awarded Continental Automotive Hungary Kft., the Budapest site of Continental, with the title of “Reliable Employer” – which was won...
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Customers will have more money to spend, but the economy is still not out of the crisis
Date: 2024-05-20 11:50:21
This year, several new economic forecasts indicate that the Hungarian economy will achieve or even exceed regional growth averages, and the increase in real wages will once again enable consumption...
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What can be called sourdough bread will soon become tougher
Date: 2024-05-20 11:48:03
Recent discussions within the Hungarian Food Codex Committee suggest changes to the regulation of the “sourdough” label, including defining the maximum amount of yeast allowed and the minimum fermentation time...
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Danish Crown in transformation: closing a slaughterhouse while creating new jobs in Denmark
Date: 2024-05-20 11:14:25
Danish Crown, one of Europe’s leading meat industry companies, has announced the closure of its slaughterhouse in Ringsted but is simultaneously creating new job opportunities in Horsens, Herning, Blans, and...
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In Austria, inflation slowed down in April
Date: 2024-05-20 11:10:19
The rate of annual growth of consumer prices in Austria fell to 3.5 percent, the lowest since September 2021, in April following the previous month’s 4.1 percent, in accordance with...
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Ryanair: Record profits and optimistic outlook
Date: 2024-05-20 10:51:03
Ryanair has reported a 34% increase in profits for the financial year, reaching a record €1.92 billion, which exceeds the €1.905 billion forecast by analysts. This growth partly stems from...
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Graboplast: focus on new developments after stable results
Date: 2024-05-20 10:02:06
Despite the increasing price competition and the challenging economic environment, Graboplast achieved a stable result in 2023, after closing last year with sales revenue of HUF 20.3 billion. The leading...
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KPMG is testing AI as a compliance specialist helping the work of consultants
Date: 2024-05-20 09:53:25
Hungarian for Innovation organized by the Joint Venture Association (JVSZ). At the conference, a KPMG Hungary employee reported on their experiment, in the framework of which they supported the process...
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The AutoWallis Group’s sales of new and used vehicles in the retail trade increased above the market average in the first quarter
Date: 2024-05-20 09:48:12
The sales revenue of the AutoWallis Group’s retail business increased by 9 percent above the market average in the first quarter, while the company organized its mobility-related services, which were...
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An all-around convincing performance by this year’s EuroCIS
Date: 2024-05-17 12:10:37
This year’s EuroCIS – the leading trade fair for the retail technology industry – was a big success. This article is available for reading in Trade magazin 2024/5 The trade...
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Beyond Meat expands into Co-op in the UK
Date: 2024-05-17 11:29:12
Beyond Meat’s plant-based alternatives are now available in 800 Co-op stores across the UK. The meat-free vegan brand’s products are available in the convenience chain’s frozen food section nationwide. Beyond...
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48 percent more fertilizer was sold than a year earlier
Date: 2024-05-17 11:00:36
Fertilizer distributors sold 522,000 tons of fertilizer directly to agricultural producers in the first quarter of 2024.The volume sold was 48 percent more than a year earlier, despite this –...
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