News and articles
MOL Group and Turkish Petroleum collaborate in hydrocarbon exploration in Hungary
MOL Group and Turkish Petroleum have signed concession agreements with the Hungarian Ministry of Energy, allowing them to jointly explore for hydrocarbons in two concession areas in Hungary, Tamási and...
Read more
Hungary’s first mobile telecommunications infrastructure provider continues its large-scale developments
This year marks the fifth anniversary of CETIN Hungary, Hungary’s first mobile telecommunications infrastructure provider. The company has so far invested more than HUF 102 billion in the development of...
Read more
Farewell to Lehel Íze: the market’s iconic restaurant has closed
On May 1st, one of the most well-known eateries in Lehel Market, Lehel Íze, closed its doors for good. The restaurant, known for its simple, home-cooked food and affordable prices,...
Read more
The Libri Group acquired Édesvíz Publishing House
The Libri Group has acquired Édesvíz Kiadó, the acquisition serves a strategic purpose, according to which the group strives for long-term stability through development and expansion. The financial details of...
Read more
Gránit Bank grew above the sector average in 2024
Continuing the trend of previous years, Gránit Bank achieved growth exceeding the sector average in 2024. The balance sheet total increased 3.5 times more than the banking sector average, and...
Read more
Renewed Board of Directors supports AKKO Invest’s further growth
AKKO Invest held its annual general meeting, where shareholders, in addition to electing new members of the Board of Directors, approved the company’s 2024 report. The company’s owners also decided...
Read more
The latest issue of Trade magazin is out now!
The 2025/5 issue of Trade magazin is now available. You can read the longer, 200-page digital version on our website a few days before the print edition arrives. Click on...
Read more
Agrometeorology: May rain is badly needed
The soil is dry in large areas of the Great Plain and the Lesser Plain, which is why it is extremely difficult to sow seeds; although more or less precipitation...
Read more
Help for young farmers: almost 5,300 applicants receive support
The government continues to work to ensure that farmers receive payments due for their 2024 applications as soon as possible. As a result, the final payment of the supplementary support...
Read more
Information report on spring agricultural work
The winter of 2024–2025 was – similarly to previous years – warmer than the multi-year average, but did not reach the record warm level of the winter of 2023, which...
Read more
Beekeepers receive 5.8 billion forints of animal welfare support annually
The participants in one of the smallest and most important sectors of agriculture also receive preferential application opportunities and almost six billion forints of bee animal welfare support. The ministry,...
Read more
SPAR Slovenia supports sustainable shopping
SPAR Slovenia encourages eco-friendly practices as part of its sustainability strategy. In their recent initiative, ‘What Circulates, Connects Us’, they highlight the benefits of using returnable glass packaging and the...
Read more
Support for suckler cow farmers to arrive earlier this year
The government is taking another step to help livestock farmers who have found themselves in a difficult situation due to the direct or indirect effects of the foot-and-mouth disease virus....
Read more
Circana: Households shop with nearly 40 retailers annually
The average U.S. household shops at a wide variety of retailers annually, according to new data. Circana’s latest Complete Consumer research reveals that households visit 39 unique retailers each year,...
Read more
Nothing can hinder the protection against foot-and-mouth disease
There can be no obstacle to the protection against the dangers caused by foot-and-mouth disease, neither in terms of financial resources nor in terms of human resources – said István...
Read more
HELL ENERGY also reacted to the new rule regarding energy drinks
According to the decision of the Hungarian Parliament, a law in Hungary now prohibits the purchase of energy drinks by those under the age of 18. Only four countries in...
Read more
Here comes SPAR QUICK AND EASY: a container store that will change the way you think about shopping
There is life beyond the stadium buffet! This spring, SPAR is not only cheering, but also being present at sporting events – this time in the form of a modern,...
Read more
In the Shadow of a Tariff War – Will American Protectionism Upend the Global Economy?
The trade conflict between the United States and China, which has been going on for years, has entered a new phase, warned economist Attila Szalay-Berzeviczy, former president of the Budapest...
Read more
The National Trade Association recommends the elimination of margin squeeze
The Hungarian National Trade Federation (OKSZ) is proposing the elimination of margin reduction; the organization does not consider the inclusion of household and cleaning products in the measure to be...
Read more
It will be decided in the second half of May whether the margin reduction will remain in place
When the government introduced the margin reduction, it decided to maintain it until May 31, so we will evaluate and decide in the second half of May whether to continue...
Read more
KSH: food industry sales prices increased by 6.2 percent
In March 2025, industrial producer prices were 7.3 percent higher on average than a year earlier. Domestic sales prices were 4.7 percent higher and export sales prices were 8.6 percent...
Read more
EY: Brand loyalty is on the decline – almost only the price-value ratio matters
Consumers around the world are concerned about the rising cost of living, which is having a dramatic impact on their purchasing habits, according to EY’s latest international survey of more...
Read more
The number of foreign guests increased by 16 percent in the first quarter of 2025
In the first quarter of 2025, nearly 3.2 million guests arrived at Hungarian accommodation facilities, 8.4 percent more than in the same period in 2024. Guests spent a total of...
Read more
New rules for the sale of energy drinks: banned for children, remains safe for adults
New regulations came into effect in Hungary at the end of April regarding the sale of energy drinks: it is now prohibited for those under 18 to purchase these products....
Read more
(HU) Új korszak a hajápolásban – Japán örökségre épít a megújult Syoss
Sorry, this entry is only available in HU....
Read more
Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high priority in recent years. The aim of sustainability regulations is to ensure that companies take environmental and social impacts into...
Read more
International and domestic FMCG retail outlook: Tamás Kozák in the Chain Bridge Club
At the February meeting of the Chain Bridge Club Tamás Kozák, secretary general of the National Trade Association (OKSZ) gave a comprehensive overview of international and domestic trends in the...
Read more
5 million forints support to the Kompánia Foundation in Csepel
By organizing the 10th dm Charity Football Tournament, the drugstore chain is supporting the mental health of children living in extreme poverty in Csepel with 5 million forints through the...
Read more
KSH: in March, the number of guests was 1.1 percent lower and guest nights were 5.9 percent lower than a year earlier
In March 2025, 1.1 million guests spent nearly 2.7 million guest nights in tourist accommodation (commercial, private and other). Due to Good Friday and Easter, which fall entirely in April...
Read more
GfK’s German consumer sentiment index for May improved
Instead of the deterioration expected by analysts, the German consumer sentiment index for May from the Nuremberg-based GfK economic research institute improved, reflecting households’ improved expectations about the economy and...
Read more