News and articles
Change in the management of Rossmann Hungary: László Flórián leaves
On November 21, 2024, the employment of László Flórián, the Managing Director responsible for operational areas of Rossmann Hungary, was terminated. Flórián worked for the company for nearly 13 years,...
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Frozen food brands face the challenge
During the COVID period demand for frozen food increased, but then came the hike in electricity prices from the summer of 2022, which made many retailers cut their refrigeration capacity...
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Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages during the holiday season, and to accommodate the increased traffic, 130 new vehicles will be put into service by the...
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Signature 40 once again – Signature Platform takes things to the next level: Signature Alumni Club launched
This article is available for reading in Trade magazin 2024/11 Márton Nagy: – We are happy to report that we took things to the next level, as we received exactly...
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Food production cannot be successful without adaptation, development and innovation
Despite the unfavorable economic environment and the challenges caused by climate change, farmers have not given up on investments. Those who envision their future in agriculture in the long term...
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Digital wallets are also gaining ground in the online space: a quarter of Barion’s forint transactions already go through them
The use of digital wallets has exploded this year. At the beginning of 2024, only 10% of forint transactions on the Hungarian online payment solutions platform Barion were made using...
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AI in the clouds: artificial intelligence is transforming aviation before our eyes
Airlines and airports are already using a number of AI-based solutions in the areas of fuel optimization, air traffic control, on-board service or vehicle maintenance. However, the sky is the...
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Open for Business: LGBTQ+ inclusion has serious economic benefits
The Open for Business coalition, which includes global corporations, released a new report this week that examines the economic benefits of LGBTQ+ inclusion in Hungary. The report estimates that LGBTQ+...
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There are many applications, yet effective recruitment is often a challenge for domestic companies
The experiences and ideas of Hungarian companies regarding workforce management have changed only minimally, but the fluctuation has typically decreased since last year. The number of job applications has been...
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Protechtor Future Summit: Economic and political experts are already expecting a collapse, but optimism remains unwavering among business leaders
Climate change, epidemics, resource shortages, security threats – there have always been crises, but there has never been an example of so many crises challenging humanity at the same time,...
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The price of bunch tomatoes has changed minimally
According to the WPTC’s October forecast, the volume of industrial tomatoes in Hungary may increase by 9 percent to 120 thousand tons in 2024 compared to 2023. According to KSH...
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Sándor Czomba: the three-year wage agreement means security for both employees and employers
The three-year wage agreement provides security and predictability for both employees and employers, the State Secretary for Employment Policy of the Ministry of National Economy (NGM) emphasized on Tuesday in...
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21% of Christmas parties will be alcohol-free this year
More than one in five Christmas parties being celebrated in 2024 will not be serving alcohol, according to new research. The data, gathered from event booking platform Togather, revealed that...
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One of the main drivers of domestic retail is the pharmaceutical trade
The pharmaceutical industry is a very important industry in the Hungarian economy, emphasized Minister of National Economy Márton Nagy in his opening speech at the conference organized by the Hungarian...
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A new basic book on organic farming has been published
The basic book on organic farming in Hungarian has received an updated edition. This is the 4th, revised edition of the work of Dr. Péter Roszík, the managing director of...
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Europe’s cheapest Christmas market is here now
The Christmas market in Sibiu, Transylvania, has now become one of the most popular Advent events in Europe, and in 2024, according to the British Eurochange survey, it was also...
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The conference on the future of agriculture was held with great interest
The National Chamber of Agriculture (NAK) recently organized its event focusing on agri-tech innovations and the future of agriculture, the Agtech SUMMIT. The event welcomed those interested in agricultural innovations...
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SPAR Austria is main sponsor of FIS Alpine Ski World Championships Saalbach 2025
SPAR Austria has announced it has become the official main sponsor of the FIS Alpine Ski World Championships in Saalbach in 2025. This new sponsorship builds on SPAR Austria’s longstanding...
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VOSZ Barometer: business sentiment is worsening again
The results of the VOSZ Barometer for the third quarter of 2024 declined in most parameters, it was revealed at a joint press briefing of the National Association of Entrepreneurs...
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The Cyclist-Friendly Service Provider of the Year was elected
The Hungarian Cycling Tourism Association (MAKETUSZ) has awarded the Cyclist-Friendly Service Provider of the Year award for the second time, and the title was won by Sarudi Töltés Fröccterasz és...
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Rakuten and L’Oréal Japan partner to deliver personalised beauty solutions
The partnership will leverage Rakuten’s AI and marketing data alongside L’Oréal’s advanced beauty technology. Rakuten Group, Inc. and L’Oréal Japan have announced plans to collaborate on delivering highly personalised beauty...
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7+1 car cleaning tips for the gray autumn-winter period
Verőfényes napsütésben minden apró folt rögtön feltűnik az autónkon, és jó időben az autómosás is kellemes kikapcsolódásnak bizonyul, ezért hajlamosak vagyunk a jó időben gyakrabban tisztítani az autónkat. Pedig az...
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Wheat prices are changing dynamically on the market
According to Tallage’s October information, the spot market price of 12.5 percent protein milling wheat in Germany (FOB Hamburg) decreased by $13 to $271/ton between October 7 and November 7....
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Hot tea in cold weather
This article is available for reading in Trade magazin 2024/11 Where are the days of COVID, when tea sales were booming? The market is currently in decline, and Balázs Rádi,...
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Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in Hungary, the Prime Minister declared in Budapest on Monday. When signing the three-year wage agreement, Viktor Orbán said that the...
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The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges for years, hit by rising procurement and energy prices, falling consumption, and a changing social perception of the sector. Tamás...
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The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of the voluntary pension fund in an information letter that they can use their savings for housing purposes tax-free from 2025,...
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VOSZ: the three-year wage agreement is extremely ambitious
The Secretary General of the National Federation of Entrepreneurs and Employers described the three-year wage agreement as extremely ambitious at a press conference in Budapest on Monday. László Perlusz said...
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2021 price levels again: ALDI significantly reduces the prices of its most popular products
ALDI Hungary is once again permanently reducing the prices of many products. The company’s measure affects 57 of the most popular and sought-after vegetables, fruits and fresh meats. Many vegetable...
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Luxury on a plate: the world’s most expensive Michelin-starred restaurants in 2024
Chef’s Pencil has published its list of the most expensive Michelin-starred restaurants of 2024, showing where the most exclusive and expensive tasting menus are offered. Japanese cuisine dominates the top...
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