News and articles

Hungarian companies are not postponing sustainability – ESG readiness shows significant progress

95 percent of sustainability-committed companies in Hungary state that being able to operate sustainably is their goal, while ESG activities and reporting are tools that can help make this possible....

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Ornamental plant growers can continue to count on government support

In our country, ornamental plant cultivation is carried out on more than 1,500 hectares, mostly in open fields. The government is supporting the sector with targeted applications and subsidies, said...

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A return to the basics of classic bar culture: the Lazy Lion bar has opened in Adria Palace

Lazy Lion, Budapest’s new cocktail bar, will open on December 4th, drawing inspiration from the traditions of classic bar culture. The ambition of the team behind Lazy Lion, led by...

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Responsible Gastro Hero Foundation: a sourdough and kombucha sharing campaign

Marking World Food Day on 16 October, the Responsible Gastro Hero Foundation is launching a community fermentation campaign, titled “Share your kombucha! Share your sourdough!” This article is available for...

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Publicis Groupe’s annual Goodwill message has arrived

The Groupe is bringing its past to life by combining AI and innovation to celebrate its first century and launch the next. From its origins as a small creative workshop...

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One of Hungary’s greatest strategic assets is its good-quality soil

The United Nations (UN) declared December 5th as World Soil Day in 2013. In this spirit, the Ministry of Agriculture and the Hungarian Soil Science Society once again organized the...

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Competitive farming must be the answer to agricultural challenges

Competitive farming must be the answer to agricultural challenges – stated the Fidesz Vice President of the Parliament, the President of MAGOSZ, on Friday in Vasad, Pest County, at a...

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Style, language and tools

One of the biggest problems the wine industry is facing is the aging consumer base. This article is available for reading in Trade magazin 2025/11. Younger generations find it harder...

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K&H named Hungary’s best bank for the eighth time

K&H was awarded the “Best Bank of the Year in Hungary” award at the professional competition of The Banker, an international financial magazine published by The Financial Times – recognizing...

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Energy costs can be reduced by up to a third with the Hungarian-developed LED system

While the global agricultural and food market is characterized by the negative effects of climate change, extreme weather, and the uncertainty of international logistical disruptions, an innovative technology developed and...

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V4 agricultural chambers act together: European Commission’s plan unacceptable

The Czech, Polish, Hungarian and Slovak agricultural chambers demand a complete change of direction from the European Commission – a joint statement was adopted at their meeting today. The Austrian...

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Agricultural machinery sales have picked up this year

The agricultural machinery market is undergoing a significant transformation worldwide – and Hungary is no exception – which is also influenced by technological development, weather extremes, and the development of...

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Unilever to invest in food factory expansion in Poland

The FMCG food giant is investing over 100m zlotys ($27.5m) into the site, which it says is one of its “key production sites in Europe”. Unilever is to further invest...

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LED innovation can strengthen domestic agriculture

Hungarian-developed LED technology offers a solution to the energy efficiency challenges of agriculture, reducing lighting costs by up to a third. The system of Ledium Kft. provides stable, season-independent lighting...

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Kroger cancels plans for additional CFC, will pay $350M to Ocado

The fulfillment center cancellation — along with the closure of a spoke facility in Tennessee — expands the grocer’s pullback of its e-commerce network. Kroger has canceled plans to open...

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Wholesaler Metro Reports Growth In Full-Year Sales And Profitability

German wholesale giant Metro has reported growth in sales and profitability in its full financial year for 2024/25, driven by the implementation of its sCore strategy. The company saw sales...

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KSH: Total agricultural output value increased by 6.2 percent this year

In 2025, agricultural output amounted to over 4.4 thousand billion forints, which is 6.2 percent more than a year earlier. The expansion was contributed by a 10 percent increase in...

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István Nagy: Hungarian agriculture and food industry will be Europe’s top by 2030

Hungarian agriculture and food industry will be Europe’s top by 2030, productivity will increase by one and a half times, added value will double, and the sector’s exports will increase...

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21st European Commerce Day: the market and politics sitting at the same table

On the 21st European Commerce Day the representatives of the National Association of Entrepreneurs and Employers (VOSZ), the government and trade associations discussed issues of partnership, digitalisation and competitiveness. This article is...

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A digital milestone in the life of Ahold Delhaize USA

Ahold Delhaize USA has completed the rollout of its digital and e-commerce platform across all five of its US chains. The cloud-based system connects more than 2,000 stores and webshops,...

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Tetra Pak unveils digital manufacturing platform

Tetra Pak has launched Factory OS, a modular and open smart factory platform that provides real-time, contextualised data to food and beverage manufacturers. The system aims to create an easy-to-implement,...

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Podravka buys Zvijezda food group

Podravka-owned Žito has signed an agreement to acquire the Croatian and Slovenian food company Zvijezda from the Fortenova Group. Zvijezda primarily produces sauces, spreads and cooking oils, and its portfolio...

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Barry Callebaut develops new chocolate recipes using AI

Swiss company Barry Callebaut is partnering with Chilean AI start-up NotCo, to optimise its chocolate recipes by using AI. The objective is to reduce costs and cocoa usage, as the...

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Asda expands rapid delivery service with Uber Direct partnership

Asda is expanding its partnership with Uber Direct, making one-hour delivery available in even more British towns and cities next year. Uber Direct and Asda have been working together since...

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M&S sells food products via Coles stores in Australia

British retailer Marks & Spencer (M&S) has begun the distribution of M&S Food products in Australia, in partnership with the supermarket chain Coles, starting on 19 November. The move is...

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Coop Switzerland opens railway logistics hub in Zurich

Coop has established a new railway logistics hub in the Hartfeld district of Zurich, which will make it possible to supply more than 70 stores by freight train. By partially...

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Belgium’s Colruyt Group launches data protection initiative

Thanks to the Colruyt Group’s new data protection initiative, more than 4 million Xtra card and app users can decide for themselves how their personal data is used for promotional...

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Italy’s Granarolo expands in the UK

Italian dairy company Granarolo – which has been present in England since February 2018 –has acquired British company West Horsley Dairy. This move strengthens Granarolo’s presence on the London hospitality...

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Quality comes at a price!

This article is available for reading in Trade magazin 2025/12-2026.01 The Hungarian Spirits Industry Association and Product Board focuses primarily on the market and regulatory environment, as well as promoting...

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Layers of problems

Máté Varga, vice president of the National Council of Wine Communities (HNT) responsible for interprofessional affairs, spoke to our magazine about the current situation and the problems that Hungarian viticulture...

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