News and articles
New doors are opening in Hungarian-Moldovan agricultural relations
In the field of investments, the two countries have great opportunities, and it is precisely in Hungary’s basic interest that Moldova becomes a member of the European Union – Minister...
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Amazon Fresh ditches ‘just walk out’ checkouts
Amazon Fresh is set to ditch its “just walk out” checkout-free feature in stores as its senior vice president revealed the retailer is looking to prioritise new technology. The tech...
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In Russia, the growth of retail sales accelerated and unemployment decreased in February
In Russia, retail sales growth accelerated on an annual basis in February as unemployment fell to a historic low. The Russian statistics office said that the growth of retail sales...
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A call for tenders helps small businesses selling ornamental plants
The Ministry of Agriculture wants to help the development of small businesses dealing in the trade of ornamental plants and flowers with a call for tenders with a budget of...
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Purina Inaugurates New Pet Food Factory In North Carolina
Nestlé Purina PetCare has inaugurated a new pet food factory in Eden, North Carolina, with state officials, community partners and leaders from the company attending the opening ceremony. In the...
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Paid entry will be introduced in Venice from April 25
In Venice, starting from April 25, the entrance ticket of 5 euros per day will be introduced on an experimental basis for the time being and on 29 different days....
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Card Payments To Make Way For More ‘Seamless’ Payment Formats, Study Finds
Credit card and debit card payments are set to account for 19% of overall online transactions by 2028, down from 31% in 2023, as emerging payment formats such as digital...
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Agrometeorology: dry soil in the Great Plain awaits sowing
The upper 20 centimeter layer of the soil in the Great Plain is critically dry, and spring sowing would need a lot of precipitation, HungaroMet Zrt. announced in its agrometeorological...
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Convenient but not a luxury!
Suitable for any occasion, it is both a convenience and a healthy food trend: frozen finger foods are more and more popular around the world, and the figures indicate that...
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Nestea pear-vanilla
Nestea is bringing an exciting new ice tea to Hungarian consumers. The juicy pear flavour combined with soft vanilla makes for a truly refreshing taste experience! The products are available...
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NAV found more than HUF 30 million worth of fake perfume in the capital
The financial inspectors found more than HUF 30 million worth of fake perfume in Budapest VIII. district, during the inspection of the Ganz plant – the National Tax and Customs...
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EY: A market breakthrough for electric vehicles is expected in Europe by 2030
In Europe, by 2030, the share of sales of electric and hybrid vehicles (EV) is expected to exceed all other types and their number will reach 75 million, according to...
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The Competition Act may be amended at several points, and the GVH may receive new powers
The competition protection activities of the Economic Competition Authority (GVH) can be even more effective, as the competition law can also be amended at many points within the framework of...
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The increase in the price of food is slowing down significantly this year
This year, the development of food prices will no longer drag, but curb inflation in Hungary. Overall, we continue to pay more at the cash registers in stores than a...
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New manager at the head of Nestlé Professional’s domestic business
From April 1, 2024, Gyula Kapás will hold the leading position of Nestlé Professional, which offers gastronomic and beverage solutions in the HoReCa sector. Gyula Kapás joined Nestlé in 2018...
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The bill on tightening the sale of energy drinks is before Parliament
A bill has been submitted to the Hungarian parliament, according to which the sale of energy drinks to minors in the country would be prohibited. The proposal was put forward...
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Soon we will only be able to get certain dietary supplements in pharmacies
The draft on the tightening of the trade regulation of dietary supplements in Hungary is a subject of constant debate. According to the planned changes, certain dietary supplements would only...
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Interest in insect proteins is growing in Hungary
In Hungary, more and more people are starting to recognize the potential of insect proteins, although many people still shy away from the idea that they can gain more and...
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Eurozone inflation continued to fall
The annual harmonized index of consumer prices (HICP) of the Eurozone rose slightly in March, but the situation is no longer so favorable in a monthly comparison. According to data...
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Hungarian foreign trade in milk and milk products shows a negative trend
In the past year, Hungarian foreign trade in milk and milk products showed significant changes, as a result of which the balance of the sector turned negative. According to the...
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Cleanness and caring: new directions in baby care
In 2023 the Hungarian nappy market is expected to grow by over 10% in value compared to the previous year, but a sales decline is likely in volume, according to...
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Eurostat: the number of guest nights booked on online platforms increased last year
The number of guest nights booked on online platforms in the European Union in 2023 increased by 13.8 percent compared to the previous year’s data, the statistical office of the...
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New managers to support Westend’s visitor and tenant business
New managers have arrived at one of Budapest’s most iconic real estate complexes. András Karácsonyyi joined the Westend team as the head of the tenant business and Stefánia Csordás as...
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Gergely Fábián: integrated, data-based development in the food industry improves competitiveness and security of supply
In the food industry, the competitiveness of the sector can be increased with the integrated, data-based development of the product path, which also contributes to security of supply and sustainability,...
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Industry trends are pulling the corrugated cardboard segment along, the market could grow to nearly 250 billion dollars by 2032
Analysts predict development in the corrugated cardboard industry in 2024 due to environmental regulations, the growing demand for sustainable materials and the boom in e-commerce. The biggest users of corrugated...
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Another online travel agency can sell Ryanair tickets
Ryanair, one of Europe’s leading low-cost airlines, has entered into a partnership with eSky, one of the leading online travel agencies in Central and Eastern Europe. According to this, eSky...
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Temu may receive a fine of up to HUF 780 billion
The Economic Competition Authority (GVH) considers it justified to initiate the competition supervision procedure against the Chinese online store Temu, whose subsidiary in Ireland is being investigated for unfair commercial...
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Eroski to open more than 50 franchises in 2024
Eroski’s momentum achieved in 2023 isn’t slowing down: the chain plans to open around 57 new franchises this year. The Spanish retailer has invested EUR 14m to open 65 new...
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Digitization contributes to increasing the competitiveness of the food industry
Technological development and the rise of IT tools can revolutionize the food industry, creating opportunities in the field of transparency, efficiency and safety, said Dr. Márton Nobilis, State Secretary of the...
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K&H: the goal is affordable and green energy
According to a Polish study, several European countries achieved part of their sustainable energy goals for 2030 a decade earlier. Hungary is not doing well, but there are indications that...
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