News and articles
István Nagy: More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the first quarter of 2025 according to raw data, and was 0.4 percent lower than the same period of the previous...
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Chemical cocktail on your plate: alarming data on the contamination of European food
According to a recent report by the European Food Safety Authority (EFSA), 42% of European food contains pesticide residues, and more and more products have been found to contain multiple...
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GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second consecutive year: by 5.5% in 2023 and by 4% in 2024. Sales decreased both on the domestic and export markets....
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New dynamics in the drugstore market: dm leads, Müller overtakes Rossmann
A major reorganization took place in the top tier of domestic drugstore chains in 2024: dm maintained its leading position, while Müller, which operates with only 34 stores, overtook Rossmann...
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OBTT organized a conference on the present and future of potato production
This year, prominent representatives of the sector discussed current issues of domestic potato production and sales in a large-scale professional conference. On May 30, World Potato Day, a plant that...
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Pepsi production returns to Hungary
Following the investment of Szentkirályi Magyarország Kft., Pepsi production is returning to Hungary, and from now on, Pepsi products found in domestic stores will be produced locally instead of imported,...
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Fast food giants: McDonald’s and Burger King’s revenue continues to grow, but hamburgers are becoming more expensive
The two largest fast food chains in Hungary had a successful financial year in 2024: McDonald’s and Burger King both recorded double-digit revenue growth, while the number of employees increased...
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István Nagy: More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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Praktiker increased its market share and revenue in 2024
Praktiker, a dominant player in the Hungarian DIY market, closed 2024 with positive results and an increase in its market share, even in a challenging environment. The sales revenue of...
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Feel the taste of discovery! – Stühmer Moment Corfu in space and on Earth
A new chapter in the history of Hungarian space exploration is expected to open this weekend, June 8: Tibor Kapu, the next Hungarian astronaut, will set off for the International...
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OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally downgraded its forecasts for global economic growth this year and next, citing increasing uncertainty and complexity in the economic environment....
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Vajda-Papír closed 2024 with stable growth and green investments
Vajda-Papír Group, Hungary’s leading manufacturer of sanitary paper products, closed another successful year in 2024, making significant progress in public sector sales despite stagnating domestic demand and the challenges of...
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Kifli.hu has launched its service towards Lake Balaton in several new settlements and in the Kecskemét area
Kifli.hu is expanding its delivery area: starting from June 2, fresh, high-quality food delivery will be available in several new towns around Lake Balaton and Székesfehérvár, as well as in...
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The little things deserve the most attention – Rossmann is waiting for you with Baby Coupon Week!
Rossmann is committed to supporting families and parents with young children – this time with a special offer. Between June 2 and 8, all Rossmann+ members can use a 10%...
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The future on a platter: what does sustainable nutrition mean?
Sustainable nutrition is not only an environmental issue, but also a health and economic issue – as revealed in the latest newsletter of the Hungarian Dietitians’ Association (MDOSZ). According to...
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European and global strawberry market: a nuanced picture, with different prospects per region
The situation of the strawberry sector in the spring of 2024 shows significant differences by region: while producers in some countries are closing a strong season, in others, weather extremes,...
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The world’s oldest robotic lawnmower has been found – and it’s still mowing the lawn after 30 years
This year marks 30 years since Husqvarna, the world leader in robotic lawn care, launched its first robotic lawnmower. To mark the anniversary, the company asked customers to help find...
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Pure Art – A message painted with water jets brings the stairs of the Museum of Fine Arts to life
Kärcher, one of the world’s leading cleaning technology companies, launched its social responsibility program, the Klinart project, in Hungary on June 2. The initiative aims to restore the original beauty...
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Mövenpick Hotel Budapest Centre has opened
Premium Swiss hospitality is adding a new touch of colour to Budapest’s city centre: the Mövenpick Hotel Budapest Centre has opened its doors. The hotel, born from a collaboration between...
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Significant support helps restore the natural water balance of the Dévaványa-Ecsegi heaths
A significant part of the Körös-Maros National Park is wetlands, so it is of outstanding importance that the restoration of the natural water balance of the Dévaványa-Ecsegi heaths is being...
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The silent killer: circulatory diseases cause one-third of deaths
As our lives become more and more comfortable, we expose ourselves to invisible dangers that can cause serious health problems in the long run. One of these, underestimated by many,...
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Intrum: EU AI Act could put Hungarian companies to the test
The European Union’s new Artificial Intelligence (AI) regulation, the “EU AI Act”, which will enter into force in August 2025, could pose significant challenges for Hungarian companies, according to a...
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Rector of the Agricultural University: change is needed in soil cultivation
Hungary is lagging behind enormously in soil cultivation, change is needed, and the application of modern technological solutions cannot be spared – stated the rector of the Hungarian University of...
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The Daniella Electricity Talentum Foundation supports the training of more than 1,300 students with 30 million forints
With a donation worth 30 million HUF, the Daniella Villamosság Talentum Foundation is supporting the education of over 1,300 vocational students. The donation, distributed in cooperation with 12 technical schools,...
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K&H: K&H Group won the IFUA Horváth Green Wheel Award
In 2025, K&H Group won the IFUA Horváth Green Wheel Award, recognizing the company’s comprehensive sustainability transformation. The award is given to organizations that integrate sustainability considerations into their corporate...
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The trademark that helps Hungarian businesses
Hungarian Product Nonprofit Kft. has organised an information forum in Univer’s new complex in Kecskemét. This article is available for reading in Trade magazin 2025/5. With the programme the goal...
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Interest in horticultural tenders is high
Horticultural tenders are receiving special attention and great popularity, for which the Ministry of Agriculture would meet the increased needs by reallocating funds – said Szabolcs Szigeti, Deputy State Secretary...
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When a plush toy was worth more than a stock – the lessons of speculative manias
When we hear the word “speculation,” we tend to think of stock markets, cryptocurrencies, or real estate. But in essence, speculation is simply human nature — trying to anticipate what...
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AutoWallis introduces NIO premium electric car brand to the region
The AutoWallis Group has taken another significant step in strengthening its international position, after agreeing to acquire the exclusive import rights for the electric car developer NIO brand in the...
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