News and articles
Cartelling using algorithms? The competition authorities are watching
Action against cartels remains a priority for Hungarian and EU competition authorities. This article is available for reading in Trade magazin 2025/12-2026.01 Companies would be well advised to pay attention...
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Carrefour Forges E-commerce Alliances In Romania And Argentina
Carrefour has partnered with courier service Cargus in Romania and e-commerce company Mercado Libre in Argentina to expand its digital and logistical footprint. In Romania, the partnership with Cargus will integrate nearly 450 Carrefour stores...
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Amazon reportedly reverses course on drone delivery in Italy
Amazon is reportedly scaling back its plans for global expansion of its drone delivery program. In a statement to Reuters, the online giant cited regulatory issues as a key factor in its...
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French dairy major Savencia buys Brazil’s Quatá Alimentos
“This is an important step in our growth journey in Brazil,” Savencia CEO Olivier Delaméa said. French dairy group Savencia Fromage & Dairy has agreed to acquire Brazilian peer Quatá Alimentos for...
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The GVH imposed a total fine of 22 million forints on the Czech company operating the Rondogo website
The Hungarian Competition Authority (GVH) has imposed a total of 22 million forints fine on the Czech company operating the Rondogo website – the authority told MTI on Tuesday. According...
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K&H: What do young people spend their worker’s loan on and where are their personal loans?
The average amount of personal loans taken out at K&H increased to 2.4 million forints by 2025 from 1.6 million forints last year, meaning the average loan amount increased by...
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NKFH: anchovy paste recalled due to histamine content above the limit
Olaszbolt Kft. has recalled its 60-gram Anchovy Paste (Pasta di acciughe) product from the market due to a histamine content above the limit value – the National Trade and Consumer...
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Akcenta: The Hungarian economy returned to growth in 2025, risk management will come to the fore in 2026
In 2025, the Hungarian economy gradually recovered from the previous slowdown: the GDP growth rate approached 2 percent, while inflation decreased to a range of 3.5–4.5 percent, according to a...
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At profit temperature – 3 climate trends reshaping the economy
According to the World Economic Forum’s 2025 climate trend analysis, sustainability is no longer a separate project, but an integral part of corporate decision-making. This article is available for reading...
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BMI: The manufacturing industry ended the year with sustained expansion
The performance of the domestic manufacturing industry continued to strengthen in December 2025: the seasonally adjusted value of the Purchasing Managers Index (PMI) rose to 53.7 points, indicating expansion –...
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Aldi to kick off 2026 with a comprehensive pay raise
Aldi Hungary will start 2026 with a comprehensive wage increase: according to the company, all its employees in Hungary can expect higher wages, to varying degrees depending on the region...
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Qvik is spreading at an incredible pace and is available at more and more merchants.
Not only since its launch, but also on a quarterly basis, qvik turnover has shown a significant jump: in the third quarter of 2025, the amount that people paid at...
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Kaufland will not enter the Hungarian market
Kaufland has officially denied reports of expansion in Hungary. The German retail chain, which is considered Lidl’s main rival and belongs to the Schwarz Group, announced: it is currently not...
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Domestic tourism headed towards another record year in 2025
Although final annual data is not yet available, based on the numbers published so far, domestic tourism could close another record year in 2025. The sector exceeded the peak values...
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AI-based automation: labor market restructuring accelerated
The effects of AI on the labor market are no longer theoretical scenarios: tens of thousands of observable jobs have been lost worldwide in recent months, while companies are increasingly...
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Penny tests hybrid cash registers in Germany
Penny is testing a new checkout solution on the German market: the discount chain was the first to introduce the so-called hybrid checkouts in Offenbach an der Queich, which combine...
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Bulgaria celebrates entry into euro zone, lev currency banished into history
EU member Bulgaria marked its entry into the euro zone on Thursday with a display of euro coins on the facade of the central bank in Sofia and fireworks to celebrate a...
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Kaufland Rolls Out ‘XS’ Format In Czechia
Kaufland has rolled out its first-ever ‘Kaufland XS’ format store, located in Veselí nad Lužnicí, Czechia. The store’s 2,245-square-metre sales area offers over 13,000 SKUs, including food, toiletries, and household goods, ESM Magazine...
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Nestlé sells its remaining stake in Herta
Nestlé is selling its remaining 40 % stake in Herta Foods to Casa Tarradellas. This brings the joint venture to an end after six years. Six years ago, Nestlé sold 60 % of Herta to...
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More than just refrigeration
Three key trends are influencing the commercial refrigeration industry at a global level: the rise of natural refrigerants such as CO2 and propane (R290), manufacturing practices aimed at reducing energy...
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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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Partner in AI-enabled Lifestyle: Samsung Demonstrates the Benefits of Its Ecosystem at CES 2026
Samsung unveiled its “Companion to AI Living” vision at The First Look event, held at the Wynn Las Vegas Latour during CES® 2026. The event focused on Samsung’s AI philosophy...
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The Ministry of Agriculture is helping dairy farmers with a new tender
With a new tender, the Ministry of Agriculture is helping the actors of the milk sector, within the framework of which farmers and businesses operating the market can buy milk...
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France imposes import ban on several fruits
The French government is suspending the import of agricultural products that contain pesticides or other prohibited substances banned in the European Union. The measure aims to protect domestic farmers and...
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European low-cost carriers had a strong year: Ryanair and Wizz Air carried 275 million passengers in 2025
Ryanair and Wizz Air, Europe’s two leading low-cost airlines, closed 2025 strong, riding on the holiday travel boom. Together, the two low-cost carriers carried a total of 275 million passengers...
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István Nagy: Hungarian agricultural vocational training gives young people 21st century knowledge
Hungarian agricultural vocational training gives young people real 21st century knowledge, which is stronger, more attractive, and more competitive today than ever before – said the Minister of Agriculture in...
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AM: Tax and administrative burdens for farmers to be reduced from January 1
A number of relief measures adopted by the government to reduce the tax and administrative burdens of agricultural actors have come into effect since the beginning of the year. Thanks...
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2026 begins in agriculture amid crises and a wave of investment – banking focuses on the dairy and pig markets, as well as CAP investments
Falling prices in the pig and dairy sectors and crop farmers’ hopes for more rainfall are set to define the first half of 2026—while financiers argue the ongoing investment “boom”...
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Sovereignty Protection Office: According to the public, there is no place for foreign majority ownership in strategic sectors
According to the Hungarian population, there is no place for foreign majority ownership in strategic sectors – the Office for the Protection of Sovereignty (SZH) announced in a statement sent...
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Poor fruit harvest weighs on the pálinka sector
The catastrophic results of the 2025 fruit season have had a direct and negative impact on Hungary’s pálinka industry. Spring frosts followed by drought significantly reduced both the quantity and...
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