News and articles
ProWein 2023: The industry’s leading trade fair met expectations with success
The ProWein trade fair was a resounding success in 2023 as well, with an outstanding evaluation from all participant groups and a significant international exposure. Experts in the world of...
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Cyber security in focus: preparing for new requirements on the finish line
The Cyber Security Act imposes new requirements on the operation of their electronic information systems for many companies. The affected organizations have until the end of 2023 to prepare to...
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Egy év alatt ötödével csökkent a nyers tej ára
Az AKI PÁIR adatai szerint Magyarországon a nyers tej országos termelői átlagára 153,57 forint/kilogramm volt 2023 szeptemberében. A fehérjetartalom 0,06 százalékpontos és a zsírtartalom 0,03 százalékpontos javulása, valamint az alapár stagnálása...
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In one year, ORLEN became a dominant player in the domestic fuel retail market
ORLEN appeared in Hungary a year ago, and spectacularly quickly became one of the country’s leading gas station networks. The company strengthened its position on the Hungarian market, so it...
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After closing, Auchan is waiting for its regular customers with extra discounts
After closing on December 8, Auchan offers its regular customers a unique shopping opportunity while stocks last. The VIP Shoppers’ Night can be attended by Loyalty Card holders, who can...
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The producer price of paprika increased by 18-21 percent
According to KSH data, 84.07 thousand tons of peppers were harvested in Hungary from 1.35 thousand hectares in 2022. Hungary is a net exporter of green peppers. According to KSH...
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Emotions are the biggest obstacles to a successful generational change
Generational change is already taking place in more than half of domestic family companies. The biggest challenge during the process is that it is difficult for the senior manager to...
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Taxonómia-rendelet: komoly a lemaradásunk
Komoly lemaradásban vannak a tőzsdén jegyzett magyar vállalatok a fenntarthatóság területén – mutat rá az EY 17 EU-tagállamban összesen 320 társaságot vizsgáló tanulmánya. A cikk a Trade magazin 2023/11. lapszámában...
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Coca-Cola HBC Hungary opened a new production line in Dunaharaszti
Coca-Cola HBC Magyarország inaugurated its newest, ultra-modern production line in Dunaharaszti on Tuesday in the presence of Minister of Foreign Affairs and Trade Péter Szijjártó. The new line and the...
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PwC: investors don’t believe sustainability reports
Although sustainability is an important consideration when making investment decisions, 94 percent of investors believe that corporate reports on sustainability performance contain unsubstantiated claims, according to PwC’s 2023 Global Investor...
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K&H: artificial intelligences among themselves
K&H introduced Kate, the artificial intelligence-based digital financial assistant, to its mobile bank a year ago. Starting this September, Kate can also perform actions based on voice commands – the...
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Syngenta presented an online hybrid selection solution for blackboards
Syngenta’s latest digital development, the Cropwise Seed Selector, has arrived in Hungary. Through the online hybrid selection platform based on the data of several decades of weather and tens of thousands...
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Euromonitor: lesz, aki nyer, és lesz, aki veszít Kína gazdasági növekedésének lassulásán
Lassulóban a világgazdaság növekedése, és bár a kilátások javulnak, az infláció és a hitel drágasága 2024-ben is visszafogja a reál GDP növekedését. A globális gazdaság hajtómotorját a – különösen az ázsiai...
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The Agrár Széchenyi Card with special interest subsidy can be applied for until June 2024
It is good news for farmers that it has been achieved in Brussels to extend and increase the amount of the temporary support entitlements, which are important for agriculture and...
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French Retailers Auchan, Intermarché In Buying Alliance Talks
Auchan and Intermarché said they have entered talks to form a joint purchasing alliance, a week after submitting a joint bid to buy the French hypermarket and supermarket stores that...
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AM: We are building a modern horticultural industry
In the KAP Strategic Plan, we continue to maintain priority support for the horticulture sector, so ornamental gardeners can also count on development resources – announced Minister of Agriculture István...
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Lidl To Surpass 700 Stores In Spain Next Year
Despite inflation and declining profitability, discounter Lidl has said that it remains optimistic about the Spanish market. The German-owned retailer plans to open 30 new stores in Spain in 2024,...
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A reduction in the VAT rate for food was raised
The MSZP System Change also includes the reduction of the general sales tax (VAT) on food and energy, and the tax exemption of the minimum wage! program, which is an...
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Exposure doesn’t sway consumers to plant-based meat
A new study from Appetite suggests companies must adopt creative strategies to broaden their consumer base. Increased consumption of plant-based meats may not directly lead to a more positive sentiment...
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The world market price of white sugar has risen
The average world market price of white sugar in September 2023 was EUR 685/ton, almost 8 percent higher than in August. On the London Mercantile Exchange (LIFFE), the front-month quote for...
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The winter seasonal inspection in retail trade begins
Márton Nobilis, the Secretary of State responsible for the food industry and trade policy of the Ministry of Agriculture, ordered a nationwide winter seasonal inspection between December 4 and 31....
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Katalin Neubauer: the extension of the mandatory promotions has a market-distorting effect
According to the announcement of the Hungarian Government, it will extend the system of mandatory promotions until the end of June 2024, which the Secretary General of the Hungarian National...
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Tesco supports the inclusion of people with disabilities throughout the year
The World Day of People with Disabilities, celebrated on December 3rd, also draws attention to the importance of accepting differently abled people in the workplace. At the same time, Tesco...
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This is the Hungarian Christmas – we celebrate it traditionally, but sparingly
We believe in artificial pine, and according to our own admission, overconsumption and waste are not characteristic of us at all. At Christmas, our sustainable decisions are influenced less by...
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Coffee and cocoa are plentiful, but can be brutally expensive
The EU regulations that entered into force in the European Union in June, prohibiting the trade of products that can be partially or fully traced back to deforestation, may lead...
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Domestic melon production can be strengthened through cooperation
There is room for development in the domestic melon sector, the demand for Hungarian watermelons is increasing on the export markets. However, in order to take advantage of the opportunities,...
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It is also worth choosing domestic freshwater fish for Christmas!
Hungarian fish is of high quality and healthy. This is what the Ministry of Agriculture, the Hungarian Aquaculture and Fisheries Interprofessional Organization (MA-HAL) and the Agricultural Marketing Center call attention...
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Christmas brings new hope for the candy market
The year 2023 did not bring a golden year for the confectionary industry, in principle it took place in the shadow of inflation and declining sales figures. However, according to...
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Extreme Digital-eMAG Kft. received a serious fine
The customer information activities of Extreme Digital-eMAG Kft. were unlawful on many points, in addition, some of its records were incomplete and it did not verify the analysis of a...
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Beer is good even in the cold of winter: here is the newest hit of the Advent season: Belle-Vue Kriek mulled beer!
Beer in winter? Although the proposal may seem strange at first. But at the Borsodi Brewery this year, they prepared a special drink for the Advent season. At the Advent...
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