News and articles

Weak US demand and competitive disadvantage weaken Novo Nordisk’s position

Novo Nordisk has revised its 2025 earnings expectations downward for the second time – following the announcement, shares of one of the world’s largest pharmaceutical manufacturers fell by more than...

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Changes in the plant protection product market

The number of active ingredients that can be used is increasingly narrowing, but 2 simple substances (grape seed extract and bulb onion) have been authorized, which has increased the number...

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More than ten thousand hotels demand refund of commission from Booking.com

HOTREC – the umbrella organization representing European hotel and hospitality associations – has extended the registration deadline for the joint lawsuit against Booking.com until 29 August. The initiative aims to...

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KSH: the foreign trade surplus in goods was 978 million euros in June

The surplus in foreign trade in goods in June was 978 million euros; the volume of exports was 0.7 percent lower and that of imports was 6.0 percent higher than...

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A large Polish company has acquired the largest Moldovan wine exporter

Polish Maspex has acquired the largest Moldovan wine exporter, Purcari Wineries, economedia.ro reported, based on data from the Bucharest Stock Exchange (BVB) and brokerage platforms. Maspex, through its Romanian subsidiary,...

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Food sovereignty is a national security issue

The challenges of recent years have shown worldwide that access to good quality and affordable food is no longer just an agricultural policy goal, but a fundamental national security issue....

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Harvest has begun in South Balaton

This year’s harvest began in South Balaton on Wednesday with the picking of the earliest-ripening grape variety, Csabagyöngye – said the cellar manager of Varga Pincészet Kft. in Ordacsehi, Somogy...

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Time Out Market Budapest: a new gastro center is born in Blaha

The iconic walls of Corvin Palace will host the first Time Out Market in Central and Eastern Europe, bringing together the outstanding gastronomic figures not only of Budapest but of...

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AM: important milestone in the generational renewal of Hungarian agriculture

The generational renewal of Hungarian agriculture is extremely important for the future of domestic agriculture and the future provision of our country’s food self-sufficiency – the Ministry of Agriculture (AM)...

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NKFH: the distributor recalled jelly sweets containing unauthorized additives

Based on a notification received through the European Union’s Rapid Alert System for Food and Feed (RASFF), a jelly candy – a straw-shaped candy – originating from Taiwan contains unauthorized...

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Candy giant Mars to invest $2 billion more in US manufacturing through 2026

Candy and snacks giant Mars on Tuesday announced plans to invest $2 billion more in its U.S. operations through next year to bolster the company’s ongoing efforts to expand manufacturing...

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Grocery Stores In Denmark Face DKK 1bn Hit From Weight Loss Medications, Study Finds

Danish grocery stores risk losing up to DKK 1.2 billion (€130 million) in revenue due to increased use of weight loss medication in the country, a new report from representative...

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Horticultural tenders help the survival of Hungarian melon production

Horticultural tenders financed from the rural development framework help the survival of Hungarian melon production, and the subsidies can make farming more efficient and safer – said the State Secretary...

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Alko – Finland’s State Sommelier Navigates Changing Times

A store format unlike any other in Europe: Alko is Finland’s state-owned liquor retailer, operating under strict legal and social mandates. This exclusive shop-floor report offers first-hand insight into how...

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The ROM Vándor heritage preservation program of Market Építő Zrt. has reached its fifth stop in Regöly: the Somoly church ruin has been handed over

The fifth sacred monument restored under the Market Építő Zrt. ROM Vándor program, the 14th-15th century Somolyi church ruin in Regöly, has been handed over. The project, with a budget...

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Aldi grows in Spain by 60 % over five years

Aldi is the fastest grower in the Spanish food market: the discounter opened 168 new stores in the past five years, resulting in a 60 % increase in store area since 2020. Aldi...

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István Nagy: the 21st century rebirth of Hungarian agriculture is our work

The 21st century rebirth of Hungarian agriculture is visible in Mélykút, this is our work, our responsibility – stated István Nagy, Minister of Agriculture, at the handover of the Bács-Tak...

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Provident: A growing number of Hungarians are finding it challenging to survive on their income

An increasing number of Hungarians are facing a challenge to survive on their income, 27 percent of the population is not able to save at all, this trend is getting...

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GKI Analysis: Artificial Intelligence in the Workplace: Who Uses AI?

Artificial Intelligence in the Workplace: Who Uses AI? In July, GKI conducted a representative survey of 1,000 people to assess the prevalence of artificial intelligence (AI) in Hungary. Who uses...

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The domestic labor market remains stable

The domestic labor market remains stable, with the number of employed people fluctuating between 4.6 and 4.7 million for years – said Sándor Czomba, State Secretary for Employment Policy at...

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Századvég: the population’s assessment of their own financial situation improved in July

Hungarian households reported improved perceptions of their own financial situation, and businesses experienced a more favorable business environment – according to Századvég Economic Research Institute’s July survey, released on Tuesday...

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The discount chain is renewing the packaging of PET bottled soft drinks

Lidl Hungary is committed to optimizing the packaging of its own-brand products, and will gradually renew the bottles of its own-brand soft drinks from 2024. Thanks to its latest measure,...

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The 2nd Youth PET Cup has ended

Between 20 and 25 July 2025, the PET Cup Association held the second Youth PET Cup for secondary school students. The 11 participating teams were based in Tiszafüred and set...

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Due to the high level of interest, Green Pledge is extending its application deadline!

The application deadline for the Green Pledge has been extended until Monday, August 11. Now in its third year, the initiative rewards communication practices that place special emphasis on environmental...

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KSH: in June, the number of guests increased by 4.4 percent and guest nights by 5.1 percent compared to a year earlier

In June 2025, nearly 1.9 million guests spent 4.4 million guest nights at tourist accommodations (commercial, private, and other) in Hungary. The number of guests increased by 4.4%, and the...

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Food vouchers will be delivered to pensioners between September 1 and October 15

Between September 1 and October 15, HUF 30,000 worth of food vouchers will be delivered to pensioners – announced the Parliamentary State Secretary of the Ministry of Culture and Innovation...

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The 11-time Danish champion has chosen a Hungarian professional partner: BioTechUSA and Brøndby IF enter into cooperation

The National Trade and Consumer Protection Authority (NKFH) inspected beaches and ice cream parlors, and 953 kilograms of food were withdrawn from circulation, and 11 catering establishments were temporarily closed,...

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Specialty coffee: a new wave in the cup

After crude oil, coffee is the second most traded product in the world – and it’s not just a source of caffeine, but a part of our everyday social life....

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Shell Hungary x Peroni Nastro Azzurro 0.0% – Box Street Experience Week

Motorsport and premium brand enthusiasts can once again embark on a special journey during the Hungarian Grand Prix week: thanks to the collaboration between Shell Hungary and Peroni Nastro Azzurro...

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New leader at the helm of Yettel Brand and Marketing Communications Directorate

Hamza Kata will join Yettel Hungary as Head of Brand and Marketing Communications on September 1, 2025. Hamza Kata started her career in organizing experiences and festivals for young people,...

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