News and articles
Green pea foreign trade balance is positive
According to KSH data, the green pea harvest in Hungary in 2024 was 38 percent smaller (57 thousand tons) on a 25 percent smaller area than in 2023. According to...
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Márka Grape and Cotton Candy carbonated soft drink
Due to popular demand, our initially limited edition Grape and Cotton Candy product is now part of our permanent product selection! In this flavour combination – which may sound unexpected...
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Sziget at rock bottom: festival company loses money for second year in a row
Sziget Cultural Management Office Ltd., the organizer of the Sziget Festival, closed 2024 with a significant loss for the second year in a row, according to the company’s latest financial...
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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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Willys discounters – The Swedish Kaufland
Willys in Sweden is defending its position as strongest contender in the battle for discount dominance, offering a lean but broader assortment than challenger Lidl. Backed by market analysts Matpriskollen,...
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We must prepare for changes affecting the future of the agricultural sector
Agricultural players must continuously adapt to rapidly changing external circumstances and prepare in time for the new European Union agricultural support cycle starting after 2027, which is expected to contain...
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The Body Shop returns to Belgium and Switzerland
The Body Shop is returning to Belgium and Switzerland, as German businessman Stefan Herzberg has obtained the licences for these countries. The first new stores should open in the coming...
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The EU may soon lift the restrictions imposed on Hungary due to foot-and-mouth disease
In the optimal case, the European Union is expected to lift all restrictions imposed on Hungary due to foot-and-mouth disease within days – emphasized István Nagy, Minister of Agriculture, on...
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Norma Launches New Digital Discount App
German discount retailer Norma is expanding its digital offering with the launch of its new Norma Plus app, that went live on June 2. The app allows customers to access...
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Feed corn prices have decreased
The USDA’s May projection indicates a global corn harvest of 1,265 million tons in the 2025/2026 marketing year, almost 4 percent higher than in the 2024/2025 marketing year. Utilization is...
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X-Fit Kft. withdrew biscuits from sale due to allergen
X-Fit Kft. has recalled the Myprotein brand Gooey Filled Cookie Double Chocolate and Caramel Flavour 75 gram product from circulation due to an undeclared wheat allergen, the National Trade and...
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Collaboration is needed for successful water management
We can only achieve results in the field of water management by collaborating and changing our perspective: the cooperation of farmers, the water sector, local governments and the state is...
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The National Trade Association held its general meeting
At its annual general assembly, the National Trade Association (OKSZ) reaffirmed some of its previous office holders and elected new ones. In addition, the assembly approved amendments to the statutes...
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Coop achieved sales of 860 billion in 2024
Thanks to an increase of about 4 percent, the COOP Economic Group achieved sales of 860 billion forints in 2024, it was announced at the general meeting of CO-OP Hungary...
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Digital leap in HR – SPAR innovates with artificial intelligence and e-learning
SPAR welcomes its employees with a new career site, recruitment system and e-learning opportunities. SPAR Hungary has completely revamped its career site and recruitment processes to address potential employees in...
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Still on the border: manufacturing growth slowed in May
In May 2025, the seasonally adjusted Purchasing Managers’ Index (PMI) stood at 50.1 points, barely remaining in expansionary territory. This figure is not only below April’s result but also significantly...
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The Hungarian Village Program is relaunching with a budget of ten billion – settlements with fewer than five thousand inhabitants can apply from July 2
The latest tender phase of the Hungarian Village Program will start again with a budget of ten billion forints, announced Alpár Gyopáros, the government commissioner responsible for the development of...
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You will have an impact on the world – CETIN Hungary has launched an employer branding campaign
The short video at the heart of the campaign shows what our everyday lives would be like without mobile infrastructure. CETIN Hungary is Hungary’s first mobile telecommunications infrastructure provider. The...
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The crisis at Pápai Hús Kft. deepens while competitors grow
Pápai Hús Kft. closed 2024 with a heavy loss, which has been generating a billion-dollar deficit for the third year in a row, the Agrársektor reported. The company’s after-tax profit...
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Sweet euphoria in Cologne
Between 2 and 5 February Cologne hosted ISM, the world’s leading snack and confectionery trade show, which reflected the global upturn of the industry despite growing challenges. More than 1,500...
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PENNY begins significant price cuts – prices of nearly 170 household products will decrease
Starting on May 30, PENNY Hungary has launched another large-scale price reduction, this time affecting a wide range of chemical products. The discount chain is reducing prices in a total...
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Pentecost opening hours at PENNY
It is also worth getting the most important ingredients in time for the long Pentecost weekend, as PENNY stores will be closed on June 8 and 9. Customers can still...
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Sanofi to buy US drugmaker for over $9 billion
French pharmaceutical company Sanofi is acquiring biopharmaceutical company Blueprint Medicines, a U.S. developer of drugs for the treatment of rare autoimmune diseases, for more than $9 billion, according to Sanofi’s...
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NAV: Monday midnight is the deadline for corporate tax returns
Corporate tax (TAO), small business tax (Kiva), food chain supervision fee, and local business tax (HIP) must be filed by midnight on Monday. It is worth submitting the returns by...
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Eurostat: the number of guest nights spent in EU tourist accommodation establishments decreased slightly in early 2025
The estimated number of nights spent in tourist accommodation establishments in the EU fell by 0.2% in the first quarter of the year compared to the same three months of...
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This year, the restaurants offering the best guest experience will be able to compete again
This year, they are looking for outstanding tourism and gastronomy players in the country who have contributed to the development and promotion of Hungarian tourism and food culture. Nominations for...
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LG’s new Swing smart monitor comes with a touchscreen and a flexible stand
LG Electronics (LG) has officially introduced the LG Swing smart monitor (model 32U889SA), which will be available in Hungary in the second half of the summer. The new display is...
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KAKTUS FLEXI
Apple flavoured, jelly stick ice cream apple sorbet, with chewing gum flavoured coating and dried strawberry bits, 45ml. Thanks to the jelly consistency, the product doesn’t run after thawing and...
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Water tourism is experiencing a new renaissance in Hungary
It has been in the background for a long time, but with the support of the government, water tourism is now experiencing a renaissance in Hungary – stated the State...
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The country is making music again: the Music-Making Hungary 2025 program has been launched
Live gypsy music is playing again across the country – around 140 venues will host performances on the terraces of restaurants, cafés, bistros and tourist hubs as part of the...
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