News and articles

Offline and online – hand in hand

Modern consumers increasingly expect the harmonisation of online and offline channels: they want fast, convenient and personalised shopping options. This article is available for reading in Trade magazin 2024/10 Domestic...

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Fight against fraud: it is no longer enough to automatically check all transactions

In addition to traditional transaction monitoring, more effective risk analysis plays an increasingly important role in the fight against financial crimes. It is no longer enough to automatically check transactions...

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Ryanair is abolishing airport check-in and paper-based boarding passes

Ryanair CEO Michael O’Leary has announced that from May 2024, the airline will completely eliminate airport check-in and paper-based boarding passes. The low-cost airline will only accept digital check-in, which...

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The World Culinary Awards awarded the best restaurants this year as well

The World Culinary Awards, celebrating the best of the world of gastronomy, announced its winners again this year in Dubai, where we got to know not only the world’s most...

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Water retention in agricultural fields

The most important incentive for farmers is to get to know examples that work in their own environment, followed only by support opportunities – stated Zsolt Feldman, the State Secretary...

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At home, 13 out of 100 cards are Revolut?

Revolut neobank is becoming an increasingly important player in Hungary, where it now serves 1.5 million customers. This number represents 13% of the domestic bank card market, which clearly shows...

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Private labels are enjoying unprecedented popularity

According to EY’s latest Future Consumer Index, inflationary pressure and the cost-of-living crisis have had a significant impact on consumer preference for private label products. This article is available for...

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The basis of successful agriculture is a sustainable food industry

Hungary has always had a strong culture of agriculture, and today successful agricultural countries can be those where the food industry is also successful – said Márton Nobilis at the...

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The president of GVH stood up for the interests of Hungarian consumers at the OECD conference in Paris

The OECD’s consumer protection committee organized a two-day high-level meeting in Paris, in which Balázs Csaba Rigó, the president of the Economic Competition Authority (GVH), also participated. In the framework...

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Revamped look of KOCH’s plastic-bottle range

KOCH’s new range of plastic-bottle products offers the usual high and consistent quality, but now in modern and practical packaging. The ketchup has been redesigned not only in terms of...

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The producer price of slaughter heifers increased the most

According to the AKI’s slaughter statistics data, cattle slaughter in January-August 2024, expressed in live weight, was 9.5 percent below the amount in January-August 2023. Cows, which account for two-thirds...

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Pringles introduces new paper-based packaging in Ireland

Pringles has introduced new environmentally friendly paper packaging in Ireland that customers can easily recycle at home. Replacing the aluminium can Pringles packaging of the 1960s and now available nationwide,...

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Meta must limit data use for targeted advertising, top EU court rules

Meta Platforms must restrict the use of personal data harvested from Facebook for targeted advertising, Europe’s top court ruled on Friday, backing privacy activist Max Schrems. Schrems took his grievance...

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Márton Nagy consulted with Matt Doocey, the minister responsible for tourism in New Zealand

Minister of National Economy Márton Nagy received Matt Doocey, New Zealand’s minister responsible for tourism and hospitality, in his office on Wednesday. During the meeting, the parties reviewed the current...

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Henkel Switches To 100% Renewable Electricity In Kenya Manufacturing Site

Consumer goods giant Henkel has switched to 100% renewable electricity at its manufacturing site in Nairobi, Kenya. Henkel described this achievement as a ‘significant step forward’ in the company’s sustainability...

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Farmers can prepare to synchronize the data of the Unified Application and the eGN plot

This year, the National Food Chain Safety Office (Nébih) will once again enable the automatic loading and synchronization of the data of the Single Application in the electronic Business Journal...

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Sainsbury’s to vacuum pack all lamb mince in UK supermarket first

Sainsbury’s is to swap its traditional plastic tray packaging for a new vacuum-packed alternative across its entire fresh lamb mince range in a bid to save 26 tonnes of plastic...

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Hungarian Product launches podcast series titled MesterMűvek!

Hungarian Product Nonprofit Kft. is one of the most important organisations in Hungary for the promotion of Hungarian products. This article is available for reading in Trade magazin 2024/10 In...

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High interest expenses continue to burden Lidl’s profits

Lidl’s international business can slightly increase its profitability in the fiscal year 2023/2024. Skyrocketing interest expenses cancelled out improved gross margin and stable staff costs. Investments in new stores and...

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Eggs cost more than 17 percent less

Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 21 percent to 57,000 tons in the first six months of 2024 compared to...

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Gergely Suppan: stable growth can start in the retail sector

The data of the last month are encouraging from the point of view that a stable growth can start in the retail sector – said Gergely Suppan, the chief economist...

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Within weeks, billions of euros in support will open up for companies starting to invest in green

The next application round of the European Commission’s Innovation Fund is expected to open in November this year with a budget of more than 3 billion euros. Businesses starting a...

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The market for used products is booming

Two-thirds of the adult Hungarian population bought a used product, primarily with the intention of saving money. Reacty Digital’s research into the market for used products revealed that here, too,...

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NGM: the popularity of the SZÉP card continued to grow in the summer

The results of the year 2024 also confirm that the SZÉP card plays a prominent role in the financial toolbox of Hungarian families, supporting their carefree rest, while also strengthening...

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A challenging market: why is it difficult to sustainably grow sweet potatoes in Hungary?

Although the popularity of sweet potatoes and the demand for them are constantly growing in Hungary, the domestic supply is not able to fully satisfy the needs. As a result,...

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Adaptation and renewal

Recent challenges have forced the domestic wholesale sector to keep adapting to market needs and economic changes. This article is available for reading in Trade magazin 2024/10 In addition to...

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Coca-Cola Hungary’s #énjövőm platform has published educational materials for developing resilience

Flexibility and adaptability are key in both work and private life. The just-published free learning materials of Coca-Cola Hungary’s #énjövőm program help users to strengthen these essential skills. Resilience, or...

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Primary producers can create their own official certificate

With the development of Nébih, starting this year, farmers can obtain the official certificate certifying primary producer activity from the electronic primary producer register (e-ŐCSI) with a few clicks of...

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The new benchmark for vegan nutrition is purity and quality

BIOrganik Online Kft.’s story began more than two decades ago. BIOrganik hasn’t only expanded its product selection over the years, but also kept an eye on market demand. This article...

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