News and articles
OPUS GLOBAL Plc. has published its sustainability report.
OPUS GLOBAL Plc. has published its third sustainability report on its own activities and subsidiaries. In recent years, OPUS GLOBAL Plc. has made industrial production, energy, tourism, and agriculture and...
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Beach season 2025: Rural spas open with combo prices
With May 1 marking the unofficial start of the Hungarian bathing season, several regional thermal and outdoor spas have opened their doors. Thanks to early summer weather and high demand,...
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Food offering is attracting more and more shoppers to drugstores in Germany
Buying groceries in drugstores continues to gain importance. According to a recent study by market research company Mafowerk, 42 per cent of customers visit drugstores mainly because of the food...
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Asahi Unveils Japan’s First Yeast-Derived Milk Alternative
Asahi Group Japan has introduced a new product, LIKE MILK, which is marketed as Japan’s first yeast-derived non-animal milk. The product, which uses the company’s proprietary yeast technology, is designed...
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MOL Group and Turkish Petroleum collaborate in hydrocarbon exploration in Hungary
MOL Group and Turkish Petroleum have signed concession agreements with the Hungarian Ministry of Energy, allowing them to jointly explore for hydrocarbons in two concession areas in Hungary, Tamási and...
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Hungary’s first mobile telecommunications infrastructure provider continues its large-scale developments
This year marks the fifth anniversary of CETIN Hungary, Hungary’s first mobile telecommunications infrastructure provider. The company has so far invested more than HUF 102 billion in the development of...
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Farewell to Lehel Íze: the market’s iconic restaurant has closed
On May 1st, one of the most well-known eateries in Lehel Market, Lehel Íze, closed its doors for good. The restaurant, known for its simple, home-cooked food and affordable prices,...
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The Libri Group acquired Édesvíz Publishing House
The Libri Group has acquired Édesvíz Kiadó, the acquisition serves a strategic purpose, according to which the group strives for long-term stability through development and expansion. The financial details of...
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Gránit Bank grew above the sector average in 2024
Continuing the trend of previous years, Gránit Bank achieved growth exceeding the sector average in 2024. The balance sheet total increased 3.5 times more than the banking sector average, and...
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Renewed Board of Directors supports AKKO Invest’s further growth
AKKO Invest held its annual general meeting, where shareholders, in addition to electing new members of the Board of Directors, approved the company’s 2024 report. The company’s owners also decided...
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The latest issue of Trade magazin is out now!
The 2025/5 issue of Trade magazin is now available. You can read the longer, 200-page digital version on our website a few days before the print edition arrives. Click on...
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Agrometeorology: May rain is badly needed
The soil is dry in large areas of the Great Plain and the Lesser Plain, which is why it is extremely difficult to sow seeds; although more or less precipitation...
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Help for young farmers: almost 5,300 applicants receive support
The government continues to work to ensure that farmers receive payments due for their 2024 applications as soon as possible. As a result, the final payment of the supplementary support...
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Information report on spring agricultural work
The winter of 2024–2025 was – similarly to previous years – warmer than the multi-year average, but did not reach the record warm level of the winter of 2023, which...
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Beekeepers receive 5.8 billion forints of animal welfare support annually
The participants in one of the smallest and most important sectors of agriculture also receive preferential application opportunities and almost six billion forints of bee animal welfare support. The ministry,...
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SPAR Slovenia supports sustainable shopping
SPAR Slovenia encourages eco-friendly practices as part of its sustainability strategy. In their recent initiative, ‘What Circulates, Connects Us’, they highlight the benefits of using returnable glass packaging and the...
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Support for suckler cow farmers to arrive earlier this year
The government is taking another step to help livestock farmers who have found themselves in a difficult situation due to the direct or indirect effects of the foot-and-mouth disease virus....
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Circana: Households shop with nearly 40 retailers annually
The average U.S. household shops at a wide variety of retailers annually, according to new data. Circana’s latest Complete Consumer research reveals that households visit 39 unique retailers each year,...
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Nothing can hinder the protection against foot-and-mouth disease
There can be no obstacle to the protection against the dangers caused by foot-and-mouth disease, neither in terms of financial resources nor in terms of human resources – said István...
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HELL ENERGY also reacted to the new rule regarding energy drinks
According to the decision of the Hungarian Parliament, a law in Hungary now prohibits the purchase of energy drinks by those under the age of 18. Only four countries in...
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Here comes SPAR QUICK AND EASY: a container store that will change the way you think about shopping
There is life beyond the stadium buffet! This spring, SPAR is not only cheering, but also being present at sporting events – this time in the form of a modern,...
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In the Shadow of a Tariff War – Will American Protectionism Upend the Global Economy?
The trade conflict between the United States and China, which has been going on for years, has entered a new phase, warned economist Attila Szalay-Berzeviczy, former president of the Budapest...
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The National Trade Association recommends the elimination of margin squeeze
The Hungarian National Trade Federation (OKSZ) is proposing the elimination of margin reduction; the organization does not consider the inclusion of household and cleaning products in the measure to be...
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It will be decided in the second half of May whether the margin reduction will remain in place
When the government introduced the margin reduction, it decided to maintain it until May 31, so we will evaluate and decide in the second half of May whether to continue...
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KSH: food industry sales prices increased by 6.2 percent
In March 2025, industrial producer prices were 7.3 percent higher on average than a year earlier. Domestic sales prices were 4.7 percent higher and export sales prices were 8.6 percent...
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EY: Brand loyalty is on the decline – almost only the price-value ratio matters
Consumers around the world are concerned about the rising cost of living, which is having a dramatic impact on their purchasing habits, according to EY’s latest international survey of more...
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The number of foreign guests increased by 16 percent in the first quarter of 2025
In the first quarter of 2025, nearly 3.2 million guests arrived at Hungarian accommodation facilities, 8.4 percent more than in the same period in 2024. Guests spent a total of...
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New rules for the sale of energy drinks: banned for children, remains safe for adults
New regulations came into effect in Hungary at the end of April regarding the sale of energy drinks: it is now prohibited for those under 18 to purchase these products....
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(HU) Új korszak a hajápolásban – Japán örökségre épít a megújult Syoss
Sorry, this entry is only available in HU....
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Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high priority in recent years. The aim of sustainability regulations is to ensure that companies take environmental and social impacts into...
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