News and articles
IBM, L’Oréal team up to advance AI-driven, sustainable cosmetic formulations
Date: 2025-01-20 09:18:56
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
Date: 2025-01-20 09:08:53
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
Date: 2025-01-20 09:05:58
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
Date: 2025-01-17 12:10:39
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
Date: 2025-01-17 12:03:52
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
Date: 2025-01-17 12:01:59
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
Date: 2025-01-17 11:59:24
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
Date: 2025-01-17 11:51:09
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
Date: 2025-01-17 11:47:44
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
Date: 2025-01-17 11:42:45
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
Date: 2025-01-17 11:28:42
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
Date: 2025-01-17 11:26:59
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
Date: 2025-01-17 11:21:33
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
Date: 2025-01-17 11:21:06
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
Date: 2025-01-17 11:14:21
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
Date: 2025-01-17 11:05:56
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
Date: 2025-01-17 11:03:45
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
Date: 2025-01-17 11:00:27
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
Date: 2025-01-17 10:58:35
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
Date: 2025-01-17 10:56:48
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
Date: 2025-01-17 10:52:07
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
Date: 2025-01-17 10:38:35
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
Date: 2025-01-17 10:30:39
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
Date: 2025-01-17 10:30:29
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
Date: 2025-01-17 10:12:02
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
Date: 2025-01-17 10:01:49
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?
Date: 2025-01-17 10:01:36
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
Date: 2025-01-17 10:01:34
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
Date: 2025-01-17 09:43:43
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
Date: 2025-01-17 09:39:58
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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