News and articles
The Hungarian Hotels and Restaurants Association has announced the winners of the Hotel of the Year 2024 competition!
Date: 2025-02-21 11:30:15
The Hungarian Hotel and Restaurant Association launched the prestigious Hotel of the Year competition in January 2025 in partnership with Visit Hungary. The award ceremony took place on the evening...
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A turnaround in international trade: tariffs are rising again
Date: 2025-02-21 11:26:31
After World War II, the average level of tariffs was around 30-40%, but in recent decades there has been a continuous decrease. Today, the import-weighted tariff is only around 2.5%...
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Interest discount on green loans
Date: 2025-02-21 11:22:52
The popular green home loan will be even more favorable at K&H. In the most popular interest period, the interest discount for a loan for energy-efficient residential property is 1...
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Recent survey: Fear of rejection is crippling businesses
Date: 2025-02-21 11:20:15
A recent survey found that 33 percent of businesses cite fear of rejection as the main reason for their lack of customers. Many of the companies surveyed feel that a...
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Britons are starting to turn away from veganism
Date: 2025-02-21 11:19:16
In the UK, more and more people are abandoning the vegan lifestyle, as evidenced by the closure of vegan restaurants and the gradual disappearance of plant-based products from supermarket shelves....
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Visit Hungary: nearly a quarter of a million guest nights during Valentine’s weekend
Date: 2025-02-21 11:15:58
The Valentine’s weekend brought about 243 thousand guest nights to domestic accommodations, a 20 percent higher turnover nationwide compared to the second weekend in February – Visit Hungary told MTI...
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Changing rules for seasonal work and casual employment
Date: 2025-02-21 11:15:03
On February 1, new rules came into force regarding seasonal work, casual employment and the employment of film extras. On the one hand, these bring with them an increase in...
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The best in the logistics profession were awarded in Herceghalom
Date: 2025-02-21 11:12:06
The Hungarian Logistics Service Centers Association (MLSZKSZ) once again recognized outstanding professionals and developments in the logistics sector at the 15th Transport Logistics Conference. The award ceremony took place in...
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Biodiversity loss: ecosystems and economies increasingly at risk
Date: 2025-02-21 10:59:00
While climate change dominates environmental debates, another equally serious problem, biodiversity loss, receives less attention. Yet this process can undermine the foundations of human well-being and economic systems, the G7...
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Alibaba’s quarterly profit increases significantly
Date: 2025-02-21 10:57:48
Chinese e-commerce giant Alibaba Group Holding reported a sharp rise in after-tax profit in the third quarter of its fiscal year ended in December, with adjusted profit and revenue both...
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A new Burger King opens in Székesfehérvár next to the M7 highway
Date: 2025-02-21 10:50:14
The second Burger King restaurant in Székesfehérvár will open its doors on February 27th, welcoming fans of the fast food chain near the M7 motorway. The new unit represents the...
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The possibilities of artificial intelligence built into the kitchen will also be presented at the trade fair
Date: 2025-02-21 10:30:14
One of this year’s important kitchen trends, the possibilities offered by artificial intelligence, will also be presented at this year’s Kitchen Exhibition, which will be held between February 28 and...
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Climate change and market price explosions are becoming a growing problem for Hungarian producers
Date: 2025-02-21 10:24:09
For decades, Hungarian agriculture has been based on the cultivation of wheat, corn, sunflower, barley, rapeseed and soybeans, as these crops are best suited to the climate and market conditions...
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The Consumer Protection Authority monitors compliance with advertising bans
Date: 2025-02-21 10:20:07
The National Trade and Consumer Protection Authority (NKFH), together with the government agencies under its professional supervision, will monitor compliance with the general advertising rules and the regulations protecting the...
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Revolutionary tomato harvesting robot for the greenhouse cultivation of the future
Date: 2025-02-21 10:10:54
TTA-ISO has unveiled its latest development, a fully automated tomato harvesting robot, at the Fruit Logistica exhibition in Berlin. The new technology, which will be available on the market from...
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NAV: annual VAT return can now be submitted in the eVAT system
Date: 2025-02-21 10:09:30
The National Tax and Customs Administration (NAV) expects annual VAT returns from almost 70,000 businesses by February 25, which can now be easily prepared and submitted in the eVAT system,...
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Szeged restricts pub opening hours – caterers protest
Date: 2025-02-21 10:01:32
The general assembly of the city of Szeged has decided: from mid-April, the opening hours of restaurants will be limited to 11 p.m. by default. The aim of the measure...
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Billa Bulgaria To Invest €31m In 2025, Open 13 New Stores
Date: 2025-02-21 09:45:04
Billa Bulgaria invested over BGN 100 million (€51 million) in 2024, including BGN 44 million (€23 million) in a new logistics base near Stara Zagora and nearly BGN 60 million...
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Self-service kiosk market to grow by $13.28b by 2029
Date: 2025-02-21 09:44:12
The global self-service kiosk market is projected to grow by $13.28b between 2025 and 2029, according to a report by Technavio. The market is expected to expand at a compound...
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Gránit Fund Management strengthens with new marketing and communications manager
Date: 2025-02-21 09:15:39
From February 2025, Attila Csonka will manage the marketing, communication and sales support activities of Gránit Alapkezelő. Attila Csonka joined Gránit Alapkezelő in May 2024 as a senior marketing manager,...
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Hungarian Sausage Culture: Traditions, Recipes, and Specialties
Date: 2025-02-21 09:10:01
Blood or liver, rice or bread, rich or simple – everyone has their own preference when it comes to hurka, but one thing is certain: this traditional Hungarian delicacy is...
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Skoda produced 4.2 percent more cars in 2024 than the previous year
Date: 2025-02-21 09:08:09
Skoda Auto produced more than 925,000 vehicles worldwide in 2024, an increase of 4.2 percent compared to the previous year, Porsche Hungaria, the Hungarian importer of Volkswagen Group brands, informed...
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Kraft Heinz working on Plasmon baby-food sale
Date: 2025-02-21 09:07:13
Kraft Heinz has hired advisers to work on the potential sale of Italy-based baby-food business Plasmon, Just Food understands. The company has appointed investment bank Houlihan Lokey to assist the...
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Is domestic tobacco retail in trouble?
Date: 2025-02-20 20:37:42
Price hikes have eroded the domestic market’s price advantage over retail prices in neighbouring countries. This article is available for reading in Trade magazin 2025/2-3. Whereas in previous years shopping...
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Selective shopping
Date: 2025-02-20 20:31:01
Selective shopping is the latest trend and all the signs indicate that it will continue to determine how and where shoppers spend their money in domestic chain stores in 2025....
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Informed choices and targeted solutions
Date: 2025-02-20 20:17:47
According to Euromonitor’s Global Consumer Trends 2025 report, consumer behaviour is fundamentally shaped by the rising cost of living, the need for sustainability and expectations of physical and mental well-being....
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CSR Hungary: awards for the best
Date: 2025-02-20 20:17:40
For the 17th time the Hungarian Business Responsibility Award, the CSR Hungary Award was presented to the winners in the Gundel Palace on 15 November 2024. This article is available...
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PwC Global CEO Survey: replanning in progress
Date: 2025-02-20 20:07:45
This article is available for reading in Trade magazin 2025/2-3. Commenting on the survey of 4,701 CEOs in 109 countries, conducted between 1 October and 8 November 2024, Mohamed Kande,...
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This year’s payments market trends according to Mastercard: AI, digitalisation, mobile wallets and tokenisation
Date: 2025-02-20 19:58:16
According to Mastercard’s experts, the following 10 factors will determine payment trends in 2025: This article is available for reading in Trade magazin 2025/2-3. 1. Fighting AI fraud with AI:...
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LG develops special digital displays
Date: 2025-02-20 19:29:10
LG Electronics (LG) has unveiled its latest digital display innovations at the Integrated Systems Europe (ISE) trade show in Barcelona, on 4-7 February. This article is available for reading in...
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