News and articles
Co Lee stars in Zwack’s remastered music project: Unicum Live Session episode directed by Izabella Mazzag
The new Unicum Live Session episode was created by the meeting of two striking creative worlds: the indispensable figure of the Hungarian music scene, Co Lee, and one of the...
Read more
Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to its slowest pace in 32 months in April, according to the purchasing managers’ index (BMI) from S&P Global and HCOB...
Read more
Prada Group’s quarterly revenue grew significantly more than expected
Italian luxury goods group Prada reported stronger-than-expected revenue growth in the first quarter of this year. The Hong Kong-listed company said on its website that revenue rose 13 percent to...
Read more
Competition Authority guidance for the fashion and textile industry on sustainability and eco-labelling
The international network of consumer protection authorities around the world has issued an open letter of advice to the fashion and textile industry players to promote the transparency of “sustainability...
Read more
NGM: SZÉP card holders spent nearly 12 percent more on their cards in the first quarter of 2025 than last year
SZÉP card holders spent nearly 12 percent more on their cards in the first quarter of 2025 than last year, the Ministry of National Economy (NGM) announced in a statement...
Read more
When buying cleaning equipment, value for money is more important than brand and reliability, according to a survey
Value for money is the most important consideration among Hungarians when purchasing household cleaning equipment. This is the primary consideration for half of those surveyed. When purchasing such equipment, efficiency...
Read more
New TikTok craze in stores: Angel Hair chocolate is coming to Lidl
After Dubai chocolate, another sweet sensation is brewing on social media – Angel Hair chocolate, Pénzcentrum discovered. The spectacular and extra sweet confection will also appear on the shelves of...
Read more
Tourism had a strong first quarter – sector outlook
Although tourist visitor traffic in March was 6% lower than last year’s level, the first quarter was still positive: the number of domestic guests exceeded the same period of the...
Read more
The Croatian government adopted a resolution on new price measures
The Croatian government adopted a new price measure on Friday to increase consumer protection and transparency, Economy Minister Ante Susnjar announced after a cabinet meeting. The minister stressed that retailers...
Read more
3 +1 interesting facts about effective hydration
As the summer heat approaches, it is especially important, but it cannot be said enough about adequate fluid intake. Hydration is vital in many ways: for example, it helps detoxify,...
Read more
The Best of Sopron is starting!
Following the model of the Best of Balaton program, which has been operating successfully for years, the first to recommend our westernmost city, Best of Sopron, is launching. The ambassadors...
Read more
The board of directors has been renewed at KAVOSZ Business Development Co. Ltd. – Tamás Rátkai became the president
The board of directors of KAVOSZ, the financial enterprise dealing with direct lending, KAVOSZ Vállalkozásjesztelsezi Zrt., has been renewed, and the new management consists of Jenő Radetzky, László Krisán and...
Read more
This year, 21 dog-friendly beaches and bathing areas await doggos across the country
The number of dog-friendly beaches in Hungary has increased: ten years ago, there were only 8, and this year there are 21 dog-friendly beaches and bathing areas waiting for dog-lovers...
Read more
Csaba Kollár: “I am a humanist, but I really like AI”
Csaba Kollár was interviewed in Trade magazin’s Future Talks business podcast series by Szilvia Krizsó. In the article below you can only read excerpts – the full interview can be...
Read more
Amazon’s quarterly profit jumps and revenue increases
E-commerce giant Amazon reported better-than-expected first-quarter earnings and revenue. The company reported adjusted earnings of $17.127 billion, or $1.59 per share, in the first quarter, up from $10.431 billion, or...
Read more
Government price controls once again
Citing high food inflation, the government has introduced a new price control measure: from 17 March retailer’s margins on 30 basic foodstuffs can’t exceed 10%, calculated on the basis of...
Read more
Travel fever did not subside even after Easter
The travel fever did not subside even after Easter, with accommodations welcoming 36 percent more guests between April 17-27 compared to last year’s spring break, the Minister of National Economy...
Read more
OPUS GLOBAL Plc. has published its sustainability report.
OPUS GLOBAL Plc. has published its third sustainability report on its own activities and subsidiaries. In recent years, OPUS GLOBAL Plc. has made industrial production, energy, tourism, and agriculture and...
Read more
Beach season 2025: Rural spas open with combo prices
With May 1 marking the unofficial start of the Hungarian bathing season, several regional thermal and outdoor spas have opened their doors. Thanks to early summer weather and high demand,...
Read more
Food offering is attracting more and more shoppers to drugstores in Germany
Buying groceries in drugstores continues to gain importance. According to a recent study by market research company Mafowerk, 42 per cent of customers visit drugstores mainly because of the food...
Read more
Asahi Unveils Japan’s First Yeast-Derived Milk Alternative
Asahi Group Japan has introduced a new product, LIKE MILK, which is marketed as Japan’s first yeast-derived non-animal milk. The product, which uses the company’s proprietary yeast technology, is designed...
Read more
MOL Group and Turkish Petroleum collaborate in hydrocarbon exploration in Hungary
MOL Group and Turkish Petroleum have signed concession agreements with the Hungarian Ministry of Energy, allowing them to jointly explore for hydrocarbons in two concession areas in Hungary, Tamási and...
Read more
Hungary’s first mobile telecommunications infrastructure provider continues its large-scale developments
This year marks the fifth anniversary of CETIN Hungary, Hungary’s first mobile telecommunications infrastructure provider. The company has so far invested more than HUF 102 billion in the development of...
Read more
Farewell to Lehel Íze: the market’s iconic restaurant has closed
On May 1st, one of the most well-known eateries in Lehel Market, Lehel Íze, closed its doors for good. The restaurant, known for its simple, home-cooked food and affordable prices,...
Read more
The Libri Group acquired Édesvíz Publishing House
The Libri Group has acquired Édesvíz Kiadó, the acquisition serves a strategic purpose, according to which the group strives for long-term stability through development and expansion. The financial details of...
Read more
Gránit Bank grew above the sector average in 2024
Continuing the trend of previous years, Gránit Bank achieved growth exceeding the sector average in 2024. The balance sheet total increased 3.5 times more than the banking sector average, and...
Read more
Renewed Board of Directors supports AKKO Invest’s further growth
AKKO Invest held its annual general meeting, where shareholders, in addition to electing new members of the Board of Directors, approved the company’s 2024 report. The company’s owners also decided...
Read more
The latest issue of Trade magazin is out now!
The 2025/5 issue of Trade magazin is now available. You can read the longer, 200-page digital version on our website a few days before the print edition arrives. Click on...
Read more
Agrometeorology: May rain is badly needed
The soil is dry in large areas of the Great Plain and the Lesser Plain, which is why it is extremely difficult to sow seeds; although more or less precipitation...
Read more
Help for young farmers: almost 5,300 applicants receive support
The government continues to work to ensure that farmers receive payments due for their 2024 applications as soon as possible. As a result, the final payment of the supplementary support...
Read more