News and articles
MNB Director: The central bank expects higher inflation and higher economic growth this year
Inflation peaked in February, and in 2025, consumer price growth will average between 4.5-5.1 percent, and will decrease again to the central bank’s tolerance band at the beginning of 2026,...
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CBA and Príma exceed margin stop
Following the government regulation, the “CHEAPER THAN LAST YEAR!” initiative was further expanded in the stores of Vörösvár Kft. – the company fled from market challenges in advance. The mandatory...
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New Sales and Strategy Director at KÉSZ Group
The Board of Directors of KÉSZ Holding Zrt. has appointed Róbert Barócsi to the position of Group-level Sales and Strategy Director of KÉSZ Group. The new director came from within...
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More than 1 million guests arrived at Hungarian hotels
Hungarian tourism continued to strengthen in February 2025: more than 1 million guests were registered in domestic accommodation, which represents an increase of almost 14 percent compared to the same...
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The Hungarian Village program is expanding with the support of small town shops and pubs and two additional elements
The government has decided to expand the Hungarian Village program with four elements – support for small-town shops and pubs, as well as a program for church renovation and the...
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The communications industry finally started growing in real terms in 2024
The 2024 MRSZ Media Cake is HUF 384.4 billion, the MRSZ Communication Cake is HUF 715 billion. The industry’s performance, having come off the roller coaster of the previous period,...
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Gergely Gulyás: Foot-and-mouth disease may have arrived in Levél from Slovakia
Based on the current data, it seems obvious that foot-and-mouth disease arrived in the infected herd of Levél settlement in Győr-Moson-Sopron county from Slovakia – the minister leading the Prime...
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ÖRT-NKFH workshop: focus on ethical advertising and cooperation with authorities
The Self-Regulatory Advertising Board (ÖRT) and the National Trade and Consumer Protection Authority (NKFH) held a joint online workshop, for which more than 90 participants registered. One of the highlights...
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IWG survey: benefits of hybrid working
According to a recent study by the International Workplace Group, hybrid working offers many benefits for both employees and employers. 36% of employees take less sick leave thanks to the...
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Research shows it’s worth returning to Budapest more than once
Danubius Hotels conducted a survey among foreign tourists visiting their hotels in Budapest. The results showed that Danubius Hotels guests return to Budapest several times. They visit for the first...
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NIÜ: applications are open again for the call to support the innovation capacity of SMEs
Applications are now open for the GINOP Plusz call for proposals to support the innovation capacity of small and medium-sized enterprises (SMEs), which is co-financed by the European Union, the...
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The global hotel industry set a historic record last year
Despite economic challenges and geopolitical uncertainty, the international hotel industry had a record year: in 2024, the average daily room rate for branded hotels exceeded $165, a new high. Meanwhile,...
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Anikó Raisz: in addition to the sustainability of agricultural areas, it is also important to manage the situation caused by periods of water shortage
The sustainability of agricultural areas is important for all of us, but it is at least as important to be able to manage the situation during periods of water shortage,...
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Agrometeorology: Soil recharge continues
The lack of precipitation has decreased in the past week, soil recharge will continue for a few more days, and then a drier period will begin – wrote HungaroMet Zrt....
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István Nagy: the government is providing all resources to eradicate the foot-and-mouth disease virus
The government is providing all human and financial resources to eradicate the foot-and-mouth disease virus; nothing can jeopardize the safe food supply – the Minister of Agriculture said in a...
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Nébih tests confirm presence of foot-and-mouth disease in another farm
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of foot-and-mouth disease (FMD) in a dairy cattle herd in the settlement of Levél in Győr-Moson-Sopron County....
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Action profit grows 29 %, announces Croatia and Slovenia expansion
Dutch non-food discounter Action has managed to raise its operational profit by 29 % last year, while sales went up 22 %. The chain wants to maintain its growth rate...
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Double-digit online growth in Romania continues
Online spending in Romania reached 11.7 billion euros last year with 7.7 billion euros spent on products. This was an increase of 10 percent. Growth remains strong and is expected...
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Significant help for farmers, damage mitigation support is coming
By the end of March, more than 10 thousand farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The...
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The GKI business climate index stagnated in March
According to a survey conducted by GKI Economic Research Co. – with support from the EU – there was no meaningful change in consumer or business expectations in March compared...
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GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March 2025 the Hungarian government introduced a new measure, a margin freeze, on certain basic foodstuffs with the aim of curbing...
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Róbert Zsigó: The price of 874 foods has decreased thanks to the margin freeze
According to the new data, the price of 874 foods has decreased thanks to the margin freeze, the Parliamentary State Secretary of the Ministry of Culture and Innovation (KIM) said...
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The European Commission recommends that EU citizens build up an emergency reserve
The European Commission says the current threats to the European Union require constant preparedness, and the EU executive is therefore recommending that citizens stockpile at home an emergency stockpile of...
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High-ranking awards for food industry and trade professionals
In connection with the National Day of the Republic of Hungary, Linda Szommerné Egyed, owner of Fino-Food, Frank Odzuck, CEO of Zwack Unicum Nyrt., and Csaba Kanizsai-Tóth, CEO of FÁN...
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Kifli.hu expands with exclusive Marks & Spencer products
The Rohlik Group, the parent company of the Hungarian online supermarket Kifli.hu, is significantly expanding its exclusive partnership with the British brand Marks & Spencer. Customers can now access more...
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Márton Nagy: the range of products subject to margin stop may be expanded
If prices start to rise for other products not currently subject to the profit margin cap, then “we will expand the range of products covered by the profit margin cap” –...
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Jägermeister Orange: an ice-cold novelty with the aroma of Sicilian orange
1400 hours of Sicilian sunlight, 56 herbs and the aroma of three oranges in one bottle – Jägermeister Orange, the uniquely fresh and fruity, bright orange, light new version of...
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GVH: 100 product categories are now available in the online Price Monitor
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) has been expanded with 22 new product categories. Thus, the daily updated prices of 100 product categories, a...
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Growing demand, changing climate, new technologies in the domestic vegetable oil industry
The bottled cooking oil and refined bulk oil market operates in an international system, so prices and trends are not determined by the independent production or consumption of each country...
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New cybersecurity regulations: how companies can save millions
In 2025, cybersecurity regulations became even stricter, affecting the conduct of audits and the calculation of supervision fees. The mandatory fees for companies are partly based on revenue, but a...
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