News and articles
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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Coca-Cola HBC Announces Proposed Acquisition Of BDS Vending
Coca-Cola HBC Ireland and Northern Ireland have announced an agreement to acquire BDS Vending Solutions. The proposed acquisition is part of Coca-Cola HBC’s strategy to enhance its route-to-market capabilities. BDS...
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The Kiskunság National Park Administration has renovated the Izsák-Páhi native animal farm
The National Park Administration of Kiskunság spent more than HUF 400 million on the renovation of the Izsák-Páhi native livestock farm, as well as the purchase of equipment and machinery....
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The Jövő Store is opening again at the SIRHA Budapest exhibition! (Part 4)
Between March 5-7, the SIRHA Budapest exhibition awaits visitors at the Future Store Innovations stand organized by Trade Magazine, covering almost 800 square meters. Come and visit us, as we...
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What will be on the global dinner table in 2024? A F&B trend summary
Our magazine takes a look at some of the international trends in food product development for 2024. Despite recent and current events and overwhelming difficulties, consumers insist on continuing to...
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More and more products have the High Quality Food trademark
Although it was launched only a few years ago, the High Quality Food trademark is gaining more and more popularity among producers and consumers. Through their joint working groups, the...
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Hungarian bakeries are at the forefront of both quality and innovation
Smaller bakeries can win over customers with quality products and flexible satisfaction of special consumer needs. According to the overview of the National Chamber of Agriculture and the Hungarian Bakers’...
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The winner of Gyermelyi’s TikTok talent search got HUF 2 million
Who has won Gyermelyi’s TikTok talent search Virág Molnár got richer by 2 million forints Gyermelyi announced the result: Molnár Virág became the winner of this year’s Recipe Roulette influencer...
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Wolt’s online supermarket, Wolt Marke, is also launching in Szeged
After six locations in Budapest and two in the countryside, the Wolt Market network is expanding with another unit, so now the people of Szeged can try how easy it...
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Birthday Zwack hall inauguration: This year, the cutting-edge SZC József Zwack Technical and Vocational Training School in Békéscsaba has borne the name of the legendary beverage company for 20 years.
On February 29, BSZC József József Technikum and Vocational Training School, which is also celebrating its seventieth birthday this year, held a ceremony – the twentieth anniversary of its naming,...
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