News and articles
IBM, L’Oréal team up to advance AI-driven, sustainable cosmetic formulations
A custom AI model will be created to help L’Oréal develop sustainable and high-performance products. IBM and L’Oréal have partnered to use IBM’s generative AI technology to enhance cosmetic formulations...
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US: Aldi offers best value, low everyday prices, according to customer survey
Fast-expanding discount grocer Aldi is touting its ability to save shoppers money on grocery essentials. The grocer partnered with Ernst & Young Quantitative Economics and Statistics Group (QUEST) to conduct an...
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Samsung previews new mobile interactions with spectacular hologram
Samsung lit up the London skyline with a live hologram show, transforming city spaces into stunning canvases in preparation for the Galaxy Unpacked event in 2025 and providing a glimpse...
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The prices of bread and hamburgers increased mainly
According to recent data from the Central Statistical Office (KSH), the Hungarian food market has been hit by significant price increases over the past five years. The largest price increases...
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Coffee that connects: trends and challenges in the coffee market
Coffee is now part of our everyday lives, and although it may become a luxury item in some ways due to rising prices, it is still one of the last...
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Food price hike takes off in Hungary
The chart shared on the Vakmajom Facebook page highlights that Hungarian food prices have been continuously above the European Union average since 2020. While we already exceeded the EU level...
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A revolution in DRS: the 50-forint system may soon extend to mason jars
A new era could be approaching for Hungary’s Deposit Return System (DRS) as the Mol Waste Management Company (Mohu) is exploring the possibility of including glass jars and other conserves...
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Meat, milk, eggs? How to replace them with plant-based products
The popularity of plant-based products is constantly growing, and today 30 percent of customers regularly choose such products from the Kifli.hu range. The online supermarket offers more than 500 such...
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This is how the Ministry of Agriculture explains the continuous price increase
The Ukrainian threat to oil supplies and US sanctions are leading to a significant increase in fuel prices, the Ministry of National Economy (NGM) said. According to the statement, the...
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Fruit sales are booming in supermarket chains
With the arrival of the cold months, vitamin supplementation becomes crucial not only for health preservation, but also for protecting our wallets. The demand for fresh vegetables and fruits increases...
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Bear Burger: Brasov’s new culinary specialty
Romania has come up with a new culinary sensation: the Sub Tampa restaurant in Brasov, on the Cinca Hill, has introduced a bear burger that actually contains bear meat. The...
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Eurostat: the number of guest nights spent in tourist accommodation establishments in the EU continued to increase
The estimated number of nights spent in tourist accommodation in the EU reached 2.99 billion in 2024, up 53.4 million, or 2 percent, from the previous year, the European Union’s...
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The government is providing more funds for village shops this year than last year
The government will provide more resources for the Hungarian Village program in 2025 than last year, the government commissioner responsible for the development of modern settlements announced in a video...
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NKFH: the consumer protection partnership protects the interests of Hungarian families and law-abiding businesses
Consumer protection official inspections are ongoing throughout the year, which government agencies conduct in the interest of Hungarian families and law-abiding businesses, the National Trade and Consumer Protection Authority (NKFH)...
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Airbnb Ban in Budapest’s District VI: Apartments Turned into Hotels
From January 1, 2026, operating private accommodations will be prohibited in Terézváros, significantly reshaping the short-term rental market. One of Budapest’s largest apartment complexes, the Central Passage on Király Street,...
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The limits of luxury: hotel prices soar as tourism booms
The pandemic-battered hotel industry has not only recovered from the crisis, but also soared to new heights as tourism has recovered. Room prices at luxury hotels are breaking records, while...
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Hungarian mushrooms: the superfood of the future
The joint research and development project of the Hungarian Mushroom Grower Ltd. and the University of Debrecen could revolutionize mushroom cultivation and processing. The company has built a plant with...
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Almost 26 thousand applications received for programs encouraging environmentally sustainable farming
There was great interest in the programs supporting agri-environmental management and organic farming. A total of almost 26 thousand applications were received for the two calls, which together affect an...
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Nébih has lifted most of the surveillance zones set up due to avian influenza
There has been no bird flu outbreak in the Southern Great Plain since December 7, and the required measures have been taken by those concerned, so the National Food Chain...
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The good product or service that the customer desires
We don’t always win by buying a product on sale, and in fact, the service provider or retailer doesn’t win the most by lowering the price either. We know the...
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The National Farmer was awarded
The title of National Farmer was presented on Thursday at the Parliament House, this year the award was received by Erzsébet Bata, a farmer from Vojvodina, András Mocz, a forestry...
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EU and Mexico conclude negotiations on revised trade agreement
The European Commission and Mexico concluded negotiations on Friday to revise the common trade agreement that entered into force 25 years ago. The new agreement, the Commission said, will provide...
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The pre-tax profit of agriculture fell by almost half in 2023
The number of agricultural cooperatives decreased by 5.2 percent to 8,669 in 2023. The sector’s income fell at a much faster rate, by 44.6 percent (!), which was also significant...
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Kyrgyzstan is an important agricultural partner for our country
Kyrgyzstan can be an important market for quality Hungarian seeds and breeding animals – said István Nagy, Minister of Agriculture, who met with Bakit Torobayev, Deputy Prime Minister of the...
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Makeups and fragrances – new innovations in beauty care
This article is available for reading in Trade magazin 2024/12-01 Bettina Kovács, category manager of Primőr Kozmetikai Kft. has experienced a boom in the decorative cosmetics market for years. Citing...
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The Chinese market sustains the tobacco industry
While smoking has declined in much of the world as a result of strict regulations and tax increases, the opposite is happening in China. Laxly enforced regulations and government economic...
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K&H Securities: what could be an alternative to inflation-tracking government securities?
The retail savings market is in an exceptional situation: since the interest rate on inflation-tracking government securities will decrease in the near future, and the previously high yields will be...
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Aldi starts the year with free home delivery
Home delivery is gaining ground in Hungary, as customers increasingly recognize the benefits of a fast and convenient form of shopping. Aldi is also adapting to this trend and is...
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Unilever divests German pasta sauces to Italian competitor
Unilever continues its strategic divestment by selling its German pasta sauce range under the Knorr brand to Italian food producer Casalasco. After the sale of brands such as Unox and...
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Aldi invests £55m to open 9 new stores across London in 2025
Aldi is expanding its London retail estate with the opening of nine new stores across the capital, as part of a new £55m investment in 2025. The discounter has unveiled...
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