News and articles
Uncle Joy, the Chinese restaurateur who transformed Hungary’s gastronomic map with a hundred restaurants
Cao Cseng Jin, or as he is known in Szeged and across the country, Uncle Joy, has been working for more than a quarter of a century to bring Hungarian...
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Prices of over 500 products have decreased at SPAR
In SPAR and INTERSPAR stores, the prices of more than 500 products have been reduced from March 17, 2025, based on Government Decree 42/2025. (III.11.). SPAR is using eye-catching red...
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Nicolaus vodka brand comes up with an unusual campaign
The winners of the first-ever Nicolaus VodkAward 2024 have been announced. During the “silent awards”, Nicolaus Vodka recognized emerging creators who create real value but are not necessarily receiving enough...
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Hungarian food producers face huge opportunities in the Balkans
The Balkan Peninsula is playing an increasingly important role in European food trade, and for Hungary, it is an opportunity to be exploited due to its geographical proximity. The Hungarian...
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Where did we go wrong? An influencer spoke out about foot-and-mouth disease
The influencer duo behind Remény Farm, known as pioneers of regenerative agriculture in Hungary, have spoken out about the outbreak of foot-and-mouth disease, which is also affecting domestic agriculture and...
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European stock markets are being dragged down, in part, by falling travel company shares
Leading European stock indexes weakened on Friday morning, mainly due to the fall in travel companies, after London’s Heathrow Airport was closed for the whole day due to a fire...
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Visit Hungary: Pest, Győr-Moson-Sopron and Komárom-Esztergom had the most domestic tourists last year
More than ever before, nearly 18 million tourists arrived at domestic accommodations last year, of which about 9.3 million were Hungarian travelers. According to data from the National Tourism Data...
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Price increase and price decrease at the same time – the effect of the margin stop is felt in the first week
A significant rearrangement in food prices began following the margin freeze introduced on March 17. Although the aim of the official measure was to reduce the price of basic foodstuffs,...
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New director appointments at Hungary’s largest fleet manager, Ayvens
In a reshuffle of roles, new directors have been appointed to lead the commercial and car remarketing teams of market-leading fleet management and mobility service provider Ayvens. Viktor Hegedűs, the...
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Serious advertising controls are coming
The National Trade and Consumer Protection Authority (NKFH) and the government agencies under its professional supervision will this year prioritize the inspection of advertisements targeting children and minors who are...
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The turnover and reputation of Hungarian wine must be preserved
The turnover and reputation of Hungarian wine must be preserved, the Minister of Public Administration and Regional Development stated at the opening of the Veszprém County Wine Competition held at...
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Cautious optimism: this is how domestic SMEs manage their finances and digitalize
Hungarian SMEs are planning cautiously: while the economic environment holds challenges for them, digital solutions are playing an increasingly important role in their operations. According to the research, the demand...
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Kofola ČeskoSlovensko to acquire vending machine business
Czech drinks group Kofola ČeskoSlovensko is to purchase a 100% stake in Vending S.R.O., which manages ASO Vending, a Slovakian food and drink vending machines supplier, Just Drinks reported. The...
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Bulgaria Plans State-Owned Supermarket Chain
Bulgaria’s parliamentary budget committee has approved a plan to create a state-owned chain of stores selling only Bulgarian-made products, ESM Magazine reported. The proposal, put forward by the DPS-New Beginning...
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Spain tries to reduce food waste with law
The Spanish parliament has passed a law against food waste to reduce the amount of food that is thrown away in the southern European country each year, which currently stands...
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Cruise vacations are coming to an end
When planning their summer vacation, more and more people are choosing a cruise instead of a classic, land-based vacation. The advantage of cruise ships is that they can visit several...
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Agricultural Marketing Center: Hungarian food manufacturers presented their products in Albania and Montenegro
Eleven Hungarian food manufacturing companies presented their products in Montenegro and Albania at business forums organized by the Hungarian Food Business Program, the export development branch of the Agricultural Marketing...
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Contactless Payment is Becoming Increasingly Popular in Northern Europe
While cash payments remain the most common method of payment in Germany and Austria, contactless payment by card has been growing dominant in Northern Europe, according to a YouGov survey...
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Dangerous shrimp found on the market – recall ordered
Veterinary drug residues were found in frozen shrimp paste of Vietnamese origin, which was also sold in Hungary. The authority and distributors ordered an immediate recall, the product is unsafe...
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Uniform information on margin-stopped products is coming – mandatory sign in all affected stores
New regulations regarding the margin freeze will come into effect on March 29: according to a newly published government decree, all affected stores must inform customers with a mandatory sign...
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Declining number of companies, slowing closures – where is the Hungarian entrepreneurial sector heading?
The number of partnerships has already decreased by more than 2,000 this year. Although the GKI business confidence index showed an improvement, the number of businesses does not yet reflect...
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Viktor Orbán: retail chains made huge profits on food, we had to intervene
Retail chains have made huge profits on food. We had to intervene, Prime Minister Viktor Orbán said in a video posted on the Hungarian government’s Facebook page on Sunday. He...
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The Food Rescue Center is helping again!
The Food Rescue Center Nonprofit Ltd. (ÉMK) is launching this year’s Easter Food Donation Charity Campaign, within the framework of which donations are being accepted for members of the National...
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The Cup Revolution success story continues under the name RevoUnion
Hungary’s leading reuse system, Cup Revolution, continues its operations with a new name and location, an expanded product portfolio and international expansion. With the RevoUnion umbrella brand, the company aims...
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Voting with our wallets – do boycotts still work in a consumer society?
In recent years, news about consumer boycotts has been popping up again and again: political involvement, international conflicts, or even the content of an advertising campaign is enough for tens...
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Primary producers may be excluded from VAT refunds
Although the government would start refunding food VAT for pensioners this year, several experts warn that primary producers and their customers could be left out of the system – writes...
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Margin freeze here or there – has Hungarian shopping become cheaper? A test of prices in three countries
In the spring of 2024, the Hungarian government introduced another measure to curb inflation: a mark-up cap came into effect on 30 basic foodstuffs, the maximum mark-up of which was...
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K&H: under 100 thousand forints or over 2 million
Young people have an average of 669 thousand forints in reserves, and according to detailed data, many would only be able to live on their accumulated reserves for a very...
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Carlsberg is once again the official beer of UEFA national team tournaments
Carlsberg has signed a long-term partnership agreement with UEFA to become the Official Beer of UEFA national team competitions. As part of the partnership, Carlsberg will receive exclusive distribution rights...
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New rules in agriculture: the producer protection package is coming – what does this mean in practice?
On January 1, 2025, the agricultural sector’s new legislative package, the producer protection package, entered into force, aiming to protect agricultural producers and make contractual relations between market participants more...
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