News and articles
The benefits of ESG are slowly emerging
The number of people interested in the new ESG regulation, which came into effect in January, is increasing beyond the scope of obligations, including among small and medium-sized enterprises. In...
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In Germany, Prime members can now shop for groceries from Knuspr on Amazon
A new online grocery superpower has been formed in Germany, with a partnership between US e-commerce giant Amazon and Knuspr, the German subsidiary of Czech online supermarket group Rohlik. The...
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Small farms are the winners of the advance payment period of agricultural subsidies
The advance payment period for agricultural subsidies is going well, the Hungarian Treasury (MÁK) has paid a total of HUF 119.3 billion in advance payments to those concerned by the...
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The latest issue of Trade magazin is out now!
This time the digital version has been extended to 184 pages. You can read it now, by clicking on the front page at the bottom of this e-mail, until the...
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Industrial production has decreased in Hungary: the NGM urges the reduction of German dependence
According to the latest data of the Central Statistical Office (KSH), adjusted for calendar effects, industrial production in September 2024 was 5.4 percent below the level of the previous year,...
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NGM: Consumer Protection Council meeting for the protection of consumer rights and the effectiveness of the domestic consumer protection institutional system
The Ministry of National Economy (NGM), which is responsible for consumer protection, organized the second meeting of the Consumer Protection Council of the year, which was attended by a wide...
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Many Hungarian companies are already using AI
In early August Hungarian Product conducted a survey among 260 of its trademark-using partners, to find out to what extent they have introduced AI into their business and production processes...
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Elek Nagy announced the program of the chamber renaissance
The Hungarian Chamber of Commerce and Industry (MKIK) elected Elek Nagy as its new president at its inaugural delegate meeting held on October 30. During the voting, Elek Nagy received...
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Among the most marketable e-retailers is the Praktiker online store
The online store of the Hungarian-owned Praktiker has received another prestigious recognition. The online interface of the do-it-yourself store, which has a dominant position in the domestic market, was ranked...
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Black Friday differently: Euronics’ new campaign holds a crooked mirror
Euronics is preparing for this year’s Black Friday season with a new scenario and philosophy. Black November covers almost the entire month of November, and the campaign prepared for it...
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The Scruton coffee chain is expanding: Café Frei units are being replaced in several Libri bookstores
The Scruton coffee chain, founded in 2020, began a significant expansion this year: they are about to open their sixth unit, among others in Libri bookstores in the capital. Café...
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Hungarian success in the ranking of the world’s best wineries: Szepsy Cellar is in 43rd place
The World’s Best Vineyards ranking was also published in 2024, presenting the year’s 50 most outstanding wineries worldwide. This year, the list also lists those wineries that offer a special...
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MTÜ: rural restaurants can once again apply for HUF one million subsidies
Rural restaurants that did not submit an application in the previous announcement can apply for HUF one million subsidies until December 4, the Hungarian Tourism Agency (MTÜ) told MTI on...
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In addition to challenges, NIS2 also holds opportunities for Hungarian companies
The new requirements of the NIS2 directive affect many players in the Hungarian corporate ecosystem, as they indirectly affect the suppliers of these sectors in addition to the risky sectors...
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The calls for tenders for irrigation development have been published
Irrigation development is one of the fundamental conditions for strengthening the competitiveness of Hungarian agriculture. Substantial application opportunities for producer investments were available within the framework of the Rural Development...
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The Association of Managers’ Countries and VOSZ signed a cooperation agreement
The National Association of Managers and the National Association of Entrepreneurs and Employers (VOSZ) have concluded a strategic cooperation agreement, the purpose of which is to strengthen cooperation between the...
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MONEY.HU: What can we expect from the planned apartment cafeteria program
As part of the New Economic Policy Action Plan, in order to improve national housing conditions, the Government has again started to work out the tax-reduced housing subsidy introduced by...
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The Tourinform offices handled a record number of guest inquiries in the first three quarters of this year
Tourinform offices managed more than 1.5 million guest inquiries until September this year, which is 200,000 more than in the same period last year. The developments of the network, the...
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The demand for fertilizers increased significantly
In 2024 VII-IX. 90 percent more fertilizer was delivered to farmers compared to the volume sold in the same period a year earlier. Within the product range, lime-ammonium saltpetre (MAS)...
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Was the “chips tax” a success – how to fight obesity in Hungary?
More and more Hungarians are struggling with being overweight and the situation is getting worse. If we take a look at the figures, we can see that obesity is a growing...
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The new GHG emission values of grain and oil crop cultivation were recognized
In 2023, the European Commission asked the member states to submit newly calculated regional greenhouse gas (GHG) emission values (NUTS2 values) related to the sustainable production of arable crops used...
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Nescafé Fusion enables food service providers to deliver personalized coffee experiences
Nestlé Professional, Nestlé’s business-to-business and out-of-home expert, is expanding its Nescafé Fusion system, a range of coffee machines that offer a wide variety of personalized drink options, from hot or...
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Asda trials self-service returns
Asda is piloting a self-service returns drop box where shoppers can deposit unwanted or faulty products and be automatically refunded. The trial in the supermarket’s Ashton-under-Lyne store in Greater Manchester...
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The expanding transfer price requirements will be followed by an increase in fines this year
Over the past two years, several significant changes have come into effect in Hungarian transfer pricing regulations. As a result of these, linked transactions have come to the fore even...
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Metrisoft Kft. and Gergely Fodor and Ferenc Peták received the Southern Great Plain Innovation Award
Metrisoft Mérleggyártó Kft. and Gergely Fodor and Ferenc Peták received this year’s Southern Great Plain Innovation Award. The recognition of the Szeged Academic Committee, founded in 2010 together with the...
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The producer price of the young bull rose by 30 percent
According to the AKI’s slaughter statistics data, cattle slaughter in January-September 2024, expressed in live weight, was 8.6 percent below the amount in January-September 2023. Cows, which account for two-thirds...
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One in two German households are struggling with food prices
Rising food prices hit hard more than half of the German population – especially low-income households – in 2023. According to a representative survey by TeamBank, two out of three...
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Nébih: metal pieces are found in some soft drinks produced by Coca-Cola HBC Austria GmbH
The Austrian authorities informed the member states through the EU’s food and feed safety alert system (RASFF) that during the corporate self-inspection of Coca-Cola HBC Austria GmbH, metal pieces were...
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Agricultural vocational training institutions are constantly renewed
The renewal of agricultural vocational training not only helps education, but also serves to strengthen rural Hungary, which is the backbone of the country, said Dr. Márton Nobilis, State Secretary...
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The Auchan acquisition of the Indotek group has entered the competition authority phase
The four-year-long process led by the Indotek group has reached another milestone: the case of the acquisition of Auchan Hungary has been brought before the Economic Competition Authority, reports Forbes....
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