News and articles
Does Kellogg’s CEO think the poor should only eat muesli for dinner?
“Muesli for dinner is currently very trendy, and we expect it to become even more popular in the future, as consumers are under pressure,” said Gary Pilnick, the CEO of...
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Borsodi is the official beer of the Hungarian football team
The Borsodi Brewery and the Hungarian Football Association signed a cooperation agreement. With the signing of the contract, Borsodi became the official beer of the football team. As a sign...
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The annual growth rate of the prices of food, tobacco and alcohol products slowed to 4 percent in February
Annual inflation in the euro area slowed down less than analysts expected in February, according to the preliminary data presented on Friday by Eurostat, the EU’s statistical office. In February,...
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Fruits can be very expensive because of the early spring
According to the Pénzcentrum article, the early spring and unusually mild weather are causing concern among fruit growers and wineries. According to meteorological data, heat records were broken in Hungary...
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A hypoallergenic meat product line has been developed by Nagykun-Hús Kft. in Kunhegyes and the University of Szeged
By using milk powder produced from goat’s milk, a hypoallergenic meat product line and its production technology have been developed by the fully Hungarian-owned Nagykun-Hús Húsipari és Kereskedelmi Kft. in...
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Moments WOW!
Here is your new favourite, in a bombastic new form! Moments WOW! is a milk chocolate dipped wafer with a harmonic combination of almond, caramel and milk flavoured triple filling,...
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KSH: The volume of exports of food, beverages and tobacco is 5.0 percent higher than that of imports
In December 2023, the volume of exports decreased by 8.4 percent and that of imports by 0.8 percent compared to the same period of the previous year. The foreign trade...
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Bananas and cocaine: the interesting connection between drug trade and fruit prices
The price of the banana seems resistant to inflation, especially when compared to other fruits. However, beneath this seemingly stable price, there are signs pointing to the possible involvement of...
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Nébih: Out of 21 chocolate-flavored protein powders, 20 products did not meet the labeling requirements
20 products out of 21 chocolate-flavored protein powders did not fully meet the labeling requirements, there were also problems with the protein, amino acid and sweetener content, as well as...
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The Hungarian hotel operator Hotel & More Group doubled its sales last year
The Hungarian-owned independent hotel operator Hotel & More Group doubled its sales in 2023, and double-digit growth is expected this year, the company group told MTI. According to Balázs Klemm,...
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Many online stores are looking for loopholes in terms of delivery
Domestic online stores must adapt to a new rule within one month, according to which it becomes mandatory to offer Magyar Posta as a delivery option. However, some of the...
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Digital solutions are coming in the construction industry as well
According to the forecasts, this year will not be an easy year for construction companies either, in the narrowing market, the solution may be to “escape ahead”. This is where...
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Real Estate Awards: HelloParks Páty PT1 is the commercial development of the year
HelloParks Páty PT1 became the commercial development of the year at the Real Estate Awards. In the prestigious domestic competition of the real estate market, the profession recognizes the most...
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Healthy products are the most sought after in the cereal market
Among cereal flakes, healthy products are the most sought-after according to the overview of the National Chamber of Agricultural Economy (NAK), which also reveals that the composition of cereal flakes...
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The first Hungarian competition law came into force 100 years ago
A century ago, in 1924, Article V of the 1923 Law on Unfair Competition entered into force. On the occasion of the jubilee anniversary, the Economic Competition Authority and the...
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Müller is preparing for a big launch
In Váci Street in Budapest, intensive works are underway as part of the construction led by SWIETELSKY Magyarország Kft., where a new 8,500 square meter commercial building and 40 large...
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Pápai Hús, celebrating its 111th anniversary this year, appears on the market with a real ham specialty
Pápai Hús is appearing here with a truly special product line called Sonkarikum. The ham master and his product development team of one of the largest players in the domestic...
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MLBKT: the purchasing manager index strengthened in February
The seasonally adjusted February value of the purchasing manager index (BMI) improved to 52.2 points from the value of 50.1 points in January; in February, the respondents reported a moderate...
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László Perlusz: The base interest rate should be brought below 5 percent
Businesses don’t take out loans because they don’t see the future as assured. If there is nothing to base the investment plans on, they will not take a loan even...
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K&H: more than 50 percent increase in investments
The assets of K&H’s private banking clients in investment funds increased significantly, by more than 50 percent, to HUF 737 billion between January 2023 and 2024, the financial institution announced....
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Nestlé invests in Spanish condensed milk factory
Nestlé Spain has invested EUR 300,000 to renovate and expand its condensed milk plant in Pontecesures, Galicia. The project included the refurbishment of the production plant and the enlargement of...
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NGM: tourism is increasingly helping to restore economic growth
In January, the turnover of tourist accommodation increased by 11 percent, the performance of the sector in January surpasses the data of the record year 2019 before the war and...
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This year’s World Tour Guides Day ended with record attendance
This year’s World Tour Guides Day ended with a record number of participants. The Budapest Chamber of Commerce and Industry (BKIK) has been bringing visitors closer to the capital’s values...
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Academy of Nutrition: microalgae are needed in nutrition
Microalgae are microscopic unicellular or multicellular algae found in many habitats, such as marine and freshwater environments, as well as in soil, even under ice, and in other microbial communities....
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A shot glass full of uncertainty
This article is available for reading in Trade magazin 2024/2-3 “The domestic pálinka market is difficult to estimate because we don’t know the level of home distilling, but it can...
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Subsidies and opportunities in agriculture
The new support system will continue to help farmers adapt to the changed market and production conditions – declared Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture, at...
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The British Sainsbury’s is preparing for serious downsizing
British grocery chain Sainsbury’s is making major cuts in the UK, cutting around 1,500 jobs. The planned cuts will affect sales of general merchandise and clothing, while the company would...
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The countryside is the soul of Hungary
Before 2010, we have changed from a country that mainly produced raw materials to a country with an agriculture that uses precision farming and digitalization and produces healthy, safe, high-quality...
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REWE tests digital shopping trolleys in Germany
Partnered with Israeli technology company Catch, REWE’s digital R&D department is to test a digital shopping trolley in Cologne over the next four months. Tablets on shopping trolleys, which can...
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Watering will be easier this year as well
The government will fully exempt farmers from the fee for the provision of agricultural water through state-owned water facilities this year as well, Minister of Agriculture István Nagy announced on...
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