News and articles
The first results of the European farmers’ demonstrations were born
As a result of the cooperation of farmers at the European level, the European Commission has reconsidered the provisions of the Common Agricultural Policy in some areas. Thanks to the...
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Pet Owners Spent More Than €182bn Worldwide Last Year
Pet owners spent €182.7 billion on their pets last year – a 6% increase on the previous year – on a global level, despite the challenging economic climate. In addition,...
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European agriculture is under pressure from green ideology
European agriculture has never been under such a degree of pressure from green ideology – the Minister of Agriculture declared on Tuesday in M1’s program Ma reggel. István Nagy believed...
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Tesco tests hyper-personalisation with Eagle Eye
Tesco is planning a hyper-personalised loyalty programme promotion for selected members of its Clubcard with technology company Eagle Eye. The collaboration with Eagle Eye on this is initially limited to...
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Nestlé signs India venture with pharma group Dr Reddy’s
The Swiss giant’s Indian arm will initially hold a minority stake in the new business. Nestlé’s Indian arm has entered into a venture with pharma group Dr Reddy’s Laboratories to...
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Mizse, natural mineral water based soft drink
Natural mineral water based, sugar-, preservative-, additive- and colouring-free product. The cap is attached to the bottle to prevent ending up in nature. Available in 3 flavours – lemon-lime, elderflower,...
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Poultry imports decreased by 21 percent
According to data from the European Commission, the EU’s (EU27) poultry meat exports increased by 17 percent to 171,000 tons in January 2024 compared to the same month of the...
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Electric air taxi? The new super weapon in tourism!
The United Arab Emirates Ras al-Khaimah Transport Authority (RAKTA) and Ras al-Khaimah Tourism Office (RAKTDA) signed a memorandum of understanding with Skyports Infrastructure (Skyports) on Wednesday for the development of...
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Nébih: the State Fisheries Service prevented the planting of invasive fish species
The State Fisheries Service of the National Food Chain Safety Office (Nébih ÁHSZ) has already banned the planting of invasive fish species, such as silver crucian carp, in two cases...
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The State Fisheries Service prevented the introduction of dangerous invasive fish species
The State Fisheries Service of the National Food Chain Safety Office (Nébih ÁHSZ) has prohibited the establishment of invasive silverfish in two cases this year so far this year, and...
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KSH: retail turnover increased by 4.2 percent compared to the same period of the previous year, and by 2.0 percent compared to the previous month
According to raw data, the volume of retail sales in March increased by 3.6 percent compared to the same period of the previous year, adjusted for calendar effects, by 4.2...
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Significant increase in retail trade – sector outlook
In March, retail sales volume increased significantly by 2% compared to the previous month, according to both seasonally and calendar-adjusted data. The trend is positive, however, business cycle indices suggest...
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NGM: the recovery of consumption is becoming more and more dynamic, retail turnover increased by 4.2 percent in March, which means that consumption has increased for three consecutive months
Based on the latest data from the Central Statistical Office (KSH), the volume of retail trade increased by 4.2 percent in March 2024 compared to the same period of the...
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GKID-Mastercard: the momentum of domestic e-commerce seems to be running out, while Chinese webshops are also conquering Hungary
The GKID-Mastercard Digital Commerce Survey reveals a challenging landscape for domestic e-commerce in Hungary as global competition intensifies. The 2024 edition of the report underscores the slowing momentum in the...
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Retail sales increased in the euro area and the EU in March
Retail sales in the euro area and the European Union increased in both monthly and annual comparisons in March. According to data published on Tuesday by Eurostat, the statistical office...
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AM: Hungary continues to strive for close cooperation with the FAO
Hungary continues to strive for close cooperation with the FAO, the Ministry of Agriculture (AM) told MTI on Tuesday. According to the announcement, Minister of Agriculture István Nagy, who received...
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A fifth of Hungarian online shoppers are still careless
Almost three-quarters of the Hungarian population regularly buys and pays online (69 percent), and almost everyone (97 percent) is aware of the associated risks. Four-fifths of those surveyed use at...
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Unusual Mother’s Day: when moms didn’t go shopping to Tesco
A total of nearly 2,800 parents, of whom around 2,200 are mothers, work at Tesco with children under the age of 18. Primarily, the company helps them and those planning...
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Coviran wants greener footprint
Spanish retail cooperative Coviran is aiming to expand the use of renewable energy throughout its supply chain, in a bid to reduce its carbon footprint and make its network more...
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Euronics: the grill or the refrigerator can arrive the same day
Ordering at Euronics with same-day delivery or store pick-up is becoming more and more popular among customers. The service, which promises home delivery on the day of the order, started...
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MPL – We don’t mind that it’s available, but we don’t necessarily choose it
As of March 28, 2024, online stores are obliged to make Magyar Posta’s delivery services (also) available to their customers. Based on an April survey by Reacty Digital, the public’s...
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An exciting, exotic world
Our magazine has asked the biggest players in the domestic rum and tequila categories about the market situation. This article is available for reading in Trade magazin 2024/5 Zoltán Kedves,...
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The biggest food collection of the year so far is here
3,000 volunteers will serve on Friday and Saturday in the biggest food collection campaign of the year organized by the Hungarian Food Bank Association. Helpers wearing green vests will ask...
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K&H: sustainability is also profitable for businesses
Companies that incorporate sustainability into their operations enjoy significant advantages over their competitors that do not pay enough attention to this area, according to a recently published global survey of...
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Serums here, active ingredients there
Traditionally women’s facial care products have been surrounded by greater interest, but as men’s skin care habits have changed in recent years, cosmetics for men are increasingly in the centre...
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The Perwoll sustainable fashion day ended with a huge success
From vintage treasures to the wildest ensembles, on the Day of Sustainable Fashion, participants could admire many fantastic collections on models marching in snaking lines. This time, however, the designers...
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Christian Klein remains SAP’s first man
SAP SE announced that it has extended Christian Klein’s appointment as CEO and board member for three years, until the end of 2028. At the same time, the company also...
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Changes in the Labor Market and Business Decision-Making Based on the IOM World Migration Report 2024
The International Organization for Migration (IOM) World Migration Report 2024 has unveiled significant data concerning global migration trends and challenges, which are particularly important for business decision-makers. The report emphasizes...
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NIS2: who should be the person responsible for the security of information systems?
With the entry into force of the “Cyber Science Act” on cybersecurity certification and cybersecurity supervision, the implementation of the EU’s new NIS2 (Network Information System v2) directive into the...
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Márton Nagy: artificial intelligence is inevitable
Artificial intelligence (AI) will have an inevitable and increasingly important role, but at the same time, everyone in the global economy is protecting their own technology, and trade wars are...
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