News and articles

GKI: Recession, accelerating inflation, dangerously deteriorating external balance

The GKI’s current forecast was prepared amid even greater uncertainty than usual, and the understanding of the trends is made difficult by the abrupt change in economic processes this year,...

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Higher quality, more sustainable solutions

Izabella Kowalska, Essity Hungary Kft.’s category manager gave our magazine an insight into the latest trends in the facial tissue category. Value sales augmented but volume sales dropped just as...

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Tesco and Nestlé join forces with the Food Bank to fight poverty

Between September 29 and October 12, Nestlé and Tesco are again announcing a joint campaign to support the work of the Hungarian Food Bank Association, in the framework of which...

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More than 20,000 participants may run at the 37th SPAR Budapest Marathon® Festival this October

Almost eighteen thousand Hungarians from 800 domestic settlements and more than two thousand foreign runners from 83 countries can enjoy Budapest’s world heritage panorama on October 8-9. The press conference...

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As you haven’t yet thought about investments for energy efficiency purposes: a means of tax reduction

Due to the energy crisis affecting the whole of Europe and the resulting rise in energy prices, more and more Hungarian businesses are thinking about making investments and renovations aimed...

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Analysis: the central bank base rate rose to 13%, the cycle of interest rate hikes is over

The central bank base rate rose to 13% more than expected from the previous 11.75%, the Monetary Council also raised the overnight deposit interest rate to 12.50% and the one-day...

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This is how SMEs can save the most on investments and developments

Managers of domestic small and medium-sized enterprises (SMEs) are mostly concerned about rising purchase prices, transport costs and higher overhead costs, as well as predicting a drastic increase in their...

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There are already regular consumers of meat substitutes, according to a survey

5 percent of those surveyed regularly consume plant-based meat substitutes, almost 30 percent have already tasted such a product, and half of the others would try it – Pápai Hús...

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Only every fifth Hungarian eats consciously

More than half of Hungarians do not exercise for more than 3 hours a week, and only every 5th think that they eat consciously, according to a representative survey by...

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New investment at BAHAMAS, the renewed on-site store has opened its doors!

BAHAMAS, a company that has been operating in Dunakeszi for nearly 30 years, primarily dealing in the wholesale of quick-frozen products, is constantly developing, and as the next milestone, it...

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A meat-free lifestyle is the most popular among young people and people with higher education

Almost 30 percent of the Hungarian population has tasted a plant-based, vegan meat substitute product, and 5 percent regularly consume it, according to representative research conducted by Pápai Hús Kft....

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Brussels’ proposals will result in a reduction in European agricultural production

The new rules planned to be imposed on the operation of medium-sized animal farms are a difficulty for the livestock sector, and the reduction of pesticide use by half, similar...

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The NTAK Compass has been launched: help for accommodation providers

The Hungarian Tourist Agency (MTÜ) has further developed the feedback interface created for accommodation providers in the National Tourist Information Center (NTAK) taking into account the needs of the sector....

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Magyar Bankholding: from May, the merged MKB and Takarékbank will continue to operate under the name MBH Bank

Next May, Magyar Bankholding’s MKB Bank Nyrt. and Takarékbank Zrt. will merge. The new bank will continue to operate under the name MBH Bank Nyrt., with a unified brand name...

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Sorghum can be an important fodder crop of the future

Grain sorghum may be suitable as a forage crop to partially replace corn, as it is capable of good yields even in poorer production areas and in years of drought,...

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We present Budapest’s dessert this year!

The Veranda Cukiműhely Budapest’s golden apple cake became Budapest’s dessert this year. The giandujás-apple candy placed on a linzer sheet can be tasted for the first time at the Sweet...

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LEGO is increasing the area of its plant in Hungary by one and a half times

It was announced during a ceremony that the first phase of the capacity increase of the LEGO® factory in Nyíregyháza, which is currently one of the most significant ongoing investments...

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This is where the social debate is about the KAP’s environmental assessment document

Nearly three years of planning work may come to an end at the beginning of October, when the proposals received for the environmental assessment document of the Common Agricultural Policy...

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New StarStore – Retailer of the Year winners at the 2022 awards ceremony

For the 8th time this year, Trade magazin invited store chains registered in Hungary to compete. The award ceremony of the prestigious competition took place at the gala dinner of...

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The CEO of ALDI revealed how people shop now

Pénzcentrum conducted an interview with Bernhard Haider, national managing director of ALDI Magyarország Élelmiszer Bt. In addition to the transformation of consumer habits, the labor market situation of the discount...

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Financial awareness and environmental protection are the most important for Hungarian consumers

According to their own assessment, almost half of the adult Hungarian population (47%) has a more conscious approach to the essential issues of everyday life than the majority of people,...

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More than three hundred and fifty million forints are used to develop the production of environmentally friendly packaging materials at home

Debrecen-based Folkem Kft., which deals with finishing operations in the printing industry, is developing the production of environmentally friendly packaging materials with more than HUF three hundred and fifty million...

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Planned Rise in Alcohol Duty Rates to be Cancelled Due to Industry Concerns

Planned increases in alcohol duty rates for beer, cider, wine and spirits have been axed, following an announcement by Chancellor Kwasi Kwarteng in the Commons today, 23 September. The move...

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Aldi doubles down on price promise as Brits face rising costs

Aldi has pledged to remain the UK’s lowest-priced supermarket to help households meet soaring living costs. The grocer attracted 1.5 million extra customers to its stores over the past 12 weeks as...

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Cleaning products continue to thrive

Viktória Müller, Unilever Magyarország Kft.’s brand manager told Trade magazin that demand for disinfectants is now higher than before the pandemic. “The market is now more focused on branded products...

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Raw Material Availability is the Biggest Challenge For Manufacturers

Procuring quality raw materials in sufficient quantities is getting increasingly difficult for many companies due to the current geopolitical and ecological crises as well as the pandemic, the Federation of...

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Nearly a thousand cyclists took part in the McDonald’s BringaMánia Tour on Lake Tisza

The McDonald’s BringaMánia® Lake Tisza Tour has stirred the imaginations of countless cyclists for the second time. The hikers gathered at the event center in Tiszafüred were once again in...

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Although the majority of Hungarians shop consciously, they still waste a lot of food

According to their own admission, the majority of Hungarians buy consciously and pay attention to the expiry date of food, yet they produce 65 kilograms of food waste every year,...

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There are many less fresh goods among the poisonously expensive fruits

Since last year, the prices of vegetables and fruits have risen brutally, so it is very worthwhile to pay attention to the freshness of the products we buy in the...

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An International Food and Water Sustainability Forum will be held in Budapest in October

Alternative food sources, such as plant proteins, are becoming more and more important in terms of feeding the world’s population. In addition to the rise of complete plant-based nutrition, it...

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