News and articles
IWG survey: benefits of hybrid working
According to a recent study by the International Workplace Group, hybrid working offers many benefits for both employees and employers. 36% of employees take less sick leave thanks to the...
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Research shows it’s worth returning to Budapest more than once
Danubius Hotels conducted a survey among foreign tourists visiting their hotels in Budapest. The results showed that Danubius Hotels guests return to Budapest several times. They visit for the first...
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NIÜ: applications are open again for the call to support the innovation capacity of SMEs
Applications are now open for the GINOP Plusz call for proposals to support the innovation capacity of small and medium-sized enterprises (SMEs), which is co-financed by the European Union, the...
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The global hotel industry set a historic record last year
Despite economic challenges and geopolitical uncertainty, the international hotel industry had a record year: in 2024, the average daily room rate for branded hotels exceeded $165, a new high. Meanwhile,...
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Anikó Raisz: in addition to the sustainability of agricultural areas, it is also important to manage the situation caused by periods of water shortage
The sustainability of agricultural areas is important for all of us, but it is at least as important to be able to manage the situation during periods of water shortage,...
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Agrometeorology: Soil recharge continues
The lack of precipitation has decreased in the past week, soil recharge will continue for a few more days, and then a drier period will begin – wrote HungaroMet Zrt....
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István Nagy: the government is providing all resources to eradicate the foot-and-mouth disease virus
The government is providing all human and financial resources to eradicate the foot-and-mouth disease virus; nothing can jeopardize the safe food supply – the Minister of Agriculture said in a...
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Nébih tests confirm presence of foot-and-mouth disease in another farm
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of foot-and-mouth disease (FMD) in a dairy cattle herd in the settlement of Levél in Győr-Moson-Sopron County....
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Action profit grows 29 %, announces Croatia and Slovenia expansion
Dutch non-food discounter Action has managed to raise its operational profit by 29 % last year, while sales went up 22 %. The chain wants to maintain its growth rate...
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Double-digit online growth in Romania continues
Online spending in Romania reached 11.7 billion euros last year with 7.7 billion euros spent on products. This was an increase of 10 percent. Growth remains strong and is expected...
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Significant help for farmers, damage mitigation support is coming
By the end of March, more than 10 thousand farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The...
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The GKI business climate index stagnated in March
According to a survey conducted by GKI Economic Research Co. – with support from the EU – there was no meaningful change in consumer or business expectations in March compared...
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GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March 2025 the Hungarian government introduced a new measure, a margin freeze, on certain basic foodstuffs with the aim of curbing...
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Róbert Zsigó: The price of 874 foods has decreased thanks to the margin freeze
According to the new data, the price of 874 foods has decreased thanks to the margin freeze, the Parliamentary State Secretary of the Ministry of Culture and Innovation (KIM) said...
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The European Commission recommends that EU citizens build up an emergency reserve
The European Commission says the current threats to the European Union require constant preparedness, and the EU executive is therefore recommending that citizens stockpile at home an emergency stockpile of...
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High-ranking awards for food industry and trade professionals
In connection with the National Day of the Republic of Hungary, Linda Szommerné Egyed, owner of Fino-Food, Frank Odzuck, CEO of Zwack Unicum Nyrt., and Csaba Kanizsai-Tóth, CEO of FÁN...
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Kifli.hu expands with exclusive Marks & Spencer products
The Rohlik Group, the parent company of the Hungarian online supermarket Kifli.hu, is significantly expanding its exclusive partnership with the British brand Marks & Spencer. Customers can now access more...
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Márton Nagy: the range of products subject to margin stop may be expanded
If prices start to rise for other products not currently subject to the profit margin cap, then “we will expand the range of products covered by the profit margin cap” –...
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Jägermeister Orange: an ice-cold novelty with the aroma of Sicilian orange
1400 hours of Sicilian sunlight, 56 herbs and the aroma of three oranges in one bottle – Jägermeister Orange, the uniquely fresh and fruity, bright orange, light new version of...
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GVH: 100 product categories are now available in the online Price Monitor
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) has been expanded with 22 new product categories. Thus, the daily updated prices of 100 product categories, a...
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Growing demand, changing climate, new technologies in the domestic vegetable oil industry
The bottled cooking oil and refined bulk oil market operates in an international system, so prices and trends are not determined by the independent production or consumption of each country...
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New cybersecurity regulations: how companies can save millions
In 2025, cybersecurity regulations became even stricter, affecting the conduct of audits and the calculation of supervision fees. The mandatory fees for companies are partly based on revenue, but a...
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KPMG: How to use AI in credit risk analysis ethically and competitively
Financial institutions and financial service providers are expected to be among the biggest beneficiaries of the AI revolution, provided they do not sacrifice consumer and user trust on the altar...
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Representatives of the Slovak baking industry have rejected the use of EU-approved insect ingredients in their products
The Slovak baking industry has issued a joint statement rejecting the use of insect-based ingredients in its products that the European Union (EU) has classified as suitable for human consumption...
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Bunge to sell European margarines and spreads business to Vandemoortele
Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary. US agri-food giant Bunge is selling its European margarine and spreads business to Belgian food group...
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Industrial condominium as an investment – is the sector on the verge of new momentum?
Hungary’s industrial real estate leaders gathered for the first time at the HAD Real Estate Business Brunch, organized by the HAD Group, to discuss the future of the sector, the...
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Lidl and ProVeg join forces to find innovative cheese alternatives in new startup competition
The winner will have their product sold in selected Lidl in Germany stores under its Vemondo private label, ProVeg announced. (Image source: Jérémy-Günther-Heinz Jähnick/ Somain/ Lidl (01) / Wikimedia Commons...
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Rice wine waste found to have longevity-boosting properties
Researchers in the Philippines have discovered that the byproduct of traditional rice wine fermentation could have significant health benefits, including anti-aging properties, The Drinks Business reported. Filipino researchers have optimised...
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Hungarian food producers may be in serious danger due to the margin freeze
Following the introduction of the margin freeze, previously strictly confidential information has been made public: supplier prices can now be calculated back to almost anyone. This poses serious market risks...
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Róbert Zsigó: the prices of foods affected by the margin freeze decreased by an average of 17.7 percent
The margin freeze came into effect a week ago, and the prices of the affected foods have decreased by an average of 17.7 percent, said Róbert Zsigó, Parliamentary State Secretary...
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