News and articles
In 2023, the sales revenue of the COOP Economic Group increased by more than 10%
Thanks to an increase of more than 10 percent, COOP Gazdasági Group reached HUF 830 billion in sales last year, it was announced at the general meeting of CO-OP Hungary...
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Rural businesses were also awarded at the Charity Gala of the Modern & Stylish Rural Business Community
One year ago on this day, our country’s first cross-industry and regional business community, the Modern & Stylish Rural Business Community (MSVK), was founded in Graefl Major at the crossroads....
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We can wander around the country’s small-scale breweries on weekends
On Saturday, May 25, the Hungarian small-scale breweries will open again to interested parties as part of a national program. The aim of the initiative, as in previous years, is...
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Gedeon Birtok rosé won the main prize of the Szeged Wine Festival
The 2023 cabernet sauvignon rosé of the Gedeon Birtok in Izsáki won the main prize of the wine competition organized at the Szeged Wine Festival, the award was presented on...
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Spinach has gained new momentum
The cultivation of spinach in Hungary gained momentum again as soon as the season started. This vegetable is grown on more than 540 hectares, and according to last year’s data,...
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Lufthansa Systems Hungária won the “Reliable Employer” award for the second time
For the second time in a row, Lufthansa Systems Hungária has won the “Reliable Employer” award awarded by the German-Hungarian Chamber of Industry and Commerce (DUIHK) through a tender. The...
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The amount of packaging must be reduced by 5% by 2030, by 10% by 2035 and by 15% by 2040
The European Union has reaffirmed its commitment to sustainability and environmental protection with recent regulatory measures aimed at reducing waste production and increasing recycling. These measures bring about significant changes...
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Summer seasonal jobs have started
With the approach of summer, the time for seasonal jobs has also arrived: during this period, the number of casual work opportunities increases several times. Due to the tax benefits...
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K&H: more people are interested in sustainability than you think
The majority of people around the world support the fight against climate change, but public opinion and politicians often underestimate the number of people who are actively engaged in it....
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Zsuzsanna Szűcs was again elected president of the National Association of Hungarian Dietitians
The National Association of Hungarian Dietitians (MDOSZ) again elected Zsuzsanna Szűcs as president at its general meeting. Based on the votes of the membership, the dietician, who held the position...
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Netrisk: more people took out travel insurance in the first quarter
According to this year’s Netrisk data, Hungarians signed 72,000 travel insurance contracts in the first quarter, 13 percent more than a year earlier. The average fee was HUF 10,500, which...
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The Craft Conference is 10 years old: artificial intelligence is in focus
What CES is to technological innovation, Craft is to software development – the largest IT professional conference in Central Europe celebrates its tenth birthday this year, which invites thousands of...
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New Haribo Bitter Lemon & Friends available for a limited time in Austria
Haribo launches a new product in Austria inspired by the world of beverages. The now 104-year-old Bonn-based confectionery manufacturer offers more than 200 different varieties – and now the portfolio...
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Certified organic market sees record sales in 2023
The US certified organic market reached a record $69.7 billion in sales in 2023, according to data from the Organic Trade Association (OTA). Sales in the category rose 3.4% compared...
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German supermarkets draw even with discounters
After two years of inflation-induced market share losses, German supermarkets stabilize their market position. Food prices are deflating for the first time in ten years. Market leader Edeka ended the...
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The activities of Żabka Group have a significant impact on the development of the Polish economy
The recently published Responsibility Report, “Conveniently and Responsibly”, shows that the total amount of added value generated by the Group and its collaborating franchisees reached PLN 9.1 billion in 2023,...
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FMCG market exclusive for corporate decision-makers
Once again this year, Trade magazin is organizing its traditional half-day professional program for business leaders on the current affairs of the economy, at the Business Meetup&Dinner event. In the...
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Euro zone inflation was 2.4 percent in April as well after March
In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...
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The Hungarian Marketing Association elected new board members
The defining organization of the profession, the Hungarian Marketing Association (MMSZ), organized its renewal general meeting on May 15 in Haris Park, at which the members elected an expanded, now...
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NGM: handed over high-tech developments to Fábián Gergely Sárvár
Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...
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Mihály Varga: the economy is entering a phase of intensive development
Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...
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Do guest workers inevitably come to Hungarian agriculture and the food industry?
Significant labor shortages and employment difficulties exist in the Hungarian agricultural and food industry sectors, which can be attributed to multiple factors. According to Dr. Kántor Gyöngyi, HR director of...
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Sustainable Hungarian cleaning products have arrived on the shelves of Auchan
CYCLE’s commitment to a sustainable lifestyle is rising to a new level, as its eco-friendly cleaning products will be distributed nationwide in Auchan stores from May. More and more people...
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“The fan is in you!” – MOL launches a campaign supporting the Hungarian national football team
Laci Lukács, Panni Epres, Peti Marics and MOL support the Hungarian national team together: the stars encourage the players with their personal vows and encourage the fans to do the...
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Double orders for one delivery fee at Wolt
Wolt, the popular technology company, has announced that its users in Hungary can now order from two different restaurants or shops in the same area at once, all under a...
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The price of olive oil may increase significantly
Olive oil prices have soared to record levels, caused by a shortage of “liquid gold” and extreme weather due to climate change, plunging the industry into crisis. This essential food...
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The price of eggs fluctuates
The trends in egg prices and consumption in Hungary are significantly cyclical, influenced by the increased demand during the Easter and Christmas seasons and a decline during the summer months....
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Continental’s Budapest factory received the “Reliable Employer” award
This year, the German-Hungarian Chamber of Industry and Commerce (DUIHK) awarded Continental Automotive Hungary Kft., the Budapest site of Continental, with the title of “Reliable Employer” – which was won...
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Customers will have more money to spend, but the economy is still not out of the crisis
This year, several new economic forecasts indicate that the Hungarian economy will achieve or even exceed regional growth averages, and the increase in real wages will once again enable consumption...
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What can be called sourdough bread will soon become tougher
Recent discussions within the Hungarian Food Codex Committee suggest changes to the regulation of the “sourdough” label, including defining the maximum amount of yeast allowed and the minimum fermentation time...
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