News and articles
Hungarian banana history: from rarity to staple food
Bananas have long been a popular fruit worldwide, but there are still many misconceptions surrounding them. For example, few people know that bananas do not ripen on trees, or even...
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K&H: smart devices are unstoppable
There has been a spectacular growth in mobile payments among K&H customers: in 2024 they spent nearly HUF 602bn using their smart devices, a 60% rise compared to a year...
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Free rider on the fintech train? – Revolut may be exempt from ATM installation obligations
While Hungarian banks are building their ATM networks at a cost of billions, Revolut is currently avoiding public funding, says Péter Gergely, an expert at BiztosDöntés.hu. This year, a serious...
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This year’s call for applications for the European Enterprise Development Award has been published
This year’s call for applications for the European Enterprise Promotion Awards has been published, and the Ministry of National Economy (NGM) is waiting for applications for creative, innovative and unique...
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Cocktails at a golden price: luxury bars around the world
The world’s leading bars not only entice guests with their premium drink selection and unique atmosphere, but also offer an exclusive experience – with prices to match. Below we present...
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Based on employment data, Hungary is among the leaders in Europe
According to the data of the Central Statistical Office, in February 2025, nearly 4.7 million people worked in our country. The number of employed people remains outstanding, while the unemployment...
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Government steps may also be taken to restrict banking and telecommunications
The government would not only intervene in the pricing of basic foodstuffs, but would also open new fronts in the fight against price increases, according to a statement by the...
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Adherence to protective measures can stop the spread of foot-and-mouth disease, experts say
Adherence to protective measures can stop the spread of foot-and-mouth disease, so the most important thing is to follow the rules in a disciplined manner, experts said at a press...
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NGM: government will preserve the purchasing power of pensions
The government is committed to providing stable and predictable living conditions for pensioners. In January this year, the government increased pensions by 3.2 percent, which provided substantial assistance to approximately...
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Hungary’s most comprehensive Generation Z research published
Diversum, Quantum Digitális Diákszövetkezet, Krisztián Steigervald (SteiGen) and PwC have published the Gen Z Report, Hungary’s most comprehensive research on Generation Z to date. This article is available for reading...
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NKFH: Consumer protection officers inspected hundreds of stores and restaurants operated in the Far East
Consumer protection authorities inspected hundreds of shops and restaurants operated in the Far East, and fines of around 20 million forints were imposed during the nationwide targeted inspection, and 15...
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Margin freeze, small store support, new authority – what awaits Hungarian buyers and traders?
The margin freeze that came into effect on March 17, 2025 has brought spectacular price reductions for several basic foodstuffs, and consumers are happy – but in the background, the...
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The banking sector has become a trendsetter in digitalization
For centuries, the banking sector has been a place of stability, tradition and formal administration: information shrouded in jargon and financial solutions unknown to most customers. Today, however, we live...
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The Ministry of Agriculture and the University of Debrecen have signed a strategic cooperation agreement
The strategic cooperation established between the Ministry of Agriculture and the University of Debrecen expresses our common goals, strengthening the competitiveness of Hungarian agriculture and developing the effectiveness of the...
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The situation of young people is improving, according to their own admission
Young people’s perception of their current situation and future expectations has improved significantly: in the first quarter, the K&H Youth Index value increased to 22 points, which is a record...
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Government price controls once again
Citing high food inflation, the government has introduced a new price control measure: from 17 March retailer’s margins on 30 basic foodstuffs can’t exceed 10%, calculated on the basis of...
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NKFH: Consumer protection officers inspected hundreds of stores and restaurants operated in the Far East
Consumer protection authorities inspected hundreds of shops and restaurants operated in the Far East, and fines of around 20 million forints were imposed during the nationwide targeted inspection, and 15...
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More than a third of UK farms at risk of bankruptcy by 2030 due to inheritance tax changes
A new study of 2,000 UK farms has highlighted the impact of the so-called “family farm tax” on farming. The study found that more than a third of UK farms...
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The government provides all resources to eradicate the foot-and-mouth disease virus
The government provides all human and financial resources to eradicate the foot-and-mouth disease virus; nothing can jeopardize the safe food supply – said the Minister of Agriculture in a video...
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Délifrance acquisition makes Vandemoortele market leader
Belgian Vandemoortele has acquired French bakery group Délifrance to form Europe’s (according to some even the world’s) largest producer of frozen bakery products. Global ambitions Vandemoortele’s second acquisition in a...
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National monitoring network helps farmers in effective pest control
The national monitoring network of the National Chamber of Agriculture has been expanded with new points. Weekly trapping data helps farmers to carry out the necessary plant protection treatments in...
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Kosovo’s Viva Fresh Store Acquires SPAR Albania
Kosovo’s largest retail chain, Viva Fresh Store, has acquired SPAR Albania from local investment group Balfin for an undisclosed amount, reported Albanian portal Monitor. After securing exclusive franchise rights and...
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Nébih: measures due to the foot-and-mouth disease epidemic have been amended and supplemented
In order to curb the foot-and-mouth disease (FMD) epidemic, the national chief veterinarian will introduce new measures from March 30 and modify existing ones: among other things, the organization of...
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US Food and Drug Administration’s vaccine director resigns
The director of the U.S. Food and Drug Administration’s (FDA) Center for Biological Evaluation and Research, responsible for vaccines, is resigning, citing the inability to work with the new health...
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Aldi to Shut Down Its Online Store in September
Aldi is withdrawing from the online business and will shut down its online store at the end of September 2024. This marks the end of a joint project between Aldi...
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The international Generali also awarded a Hungarian SME: the company that developed the composting robot is a pioneer in urban circular farming
The sustainable transition of European SMEs could be more effectively supported by simplifying the regulatory framework, introducing tax incentives and introducing targeted financial solutions, according to a White Paper prepared...
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Egg crisis in the USA: not only the bunny is looking for eggs before Easter, but also the government
In the United States, egg prices have skyrocketed in recent months, thanks to the bird flu epidemic and the resulting supply shock. Wholesale prices have sometimes reached $8 (about 3,000...
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Constant own-brand growth at METRO
Already 5 countries with sales share of more than 30%. METRO’s strategic focus on own brands is having an increasingly clear effect and has continued at the beginning of the...
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BAHART: this year they are focusing on families and cyclists
Balatoni Hajózási Zrt. (BAHART) is focusing on families and cyclists with its discounts and services in this year’s 179th passenger shipping season, and its goal is to reach or even...
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Ministry of Agriculture: Damage mitigation support arrives, helps with spring work
By the end of March, more than 10,000 farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The area...
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