News and articles
Equilor: The Hungarian National Bank faces a new era, headed by Mihály Varga
From March 4, Mihály Varga will be the new president of the Hungarian National Bank, but a sharp change in monetary policy is not expected, according to the assessment of...
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Hungarian quick-frozen vegetables and fruits are increasingly popular both at home and abroad
The demand for Hungarian quick-frozen vegetables and fruits is significant both domestically and abroad. Lidl Hungary has sold more than 40 thousand tons of domestic quick-frozen products in the past...
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AI and sustainability will be this year’s key trends
This article is available for reading in Trade magazin 2025/2-3. Price-sensitivity is still with us, as consumers are still struggling with the cost-of-living crisis, claims Capgemini in its What Matters...
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The willingness of large companies to invest has become more predictable
Large companies have reported significant changes in their willingness to invest. According to the K&H Large Company Growth Index data for the last quarter of 2024, the proportion of companies...
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Spring sowing: common mistakes and basic concepts for hobby gardeners
As spring approaches, many hobby gardeners start planting, but they often make mistakes due to confusion over basic gardening terms. Clarifying these terms will not only help you work more...
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Expanding Membership, Expanding Leadership, Growing Responsibility – Attila Chikán Jr. Re-elected as President of BCSDH
The Business Council for Sustainable Development in Hungary (BCSDH) elected its leadership for another three-year term at its renewal General Assembly. Attila Chikán Jr. has led the four-member Board for...
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Kisfaludy2030: liquor stores in small settlements will receive quick help this year
The simple and easy application and minimal administration ensure that year-round liquor stores operating in settlements with fewer than a thousand inhabitants will receive effective, fast help this season through...
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Degrees Celsius
This article is available for reading in Trade magazin 2025/2-3. There has been a spectacular “evolution” in the commercial freezer category, driven by sales promotion, space use and cost optimisation,...
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Despite their stable positions, Hungarian SMEs are still a little pessimistic
K&H’s SME confidence index monitors the outlook of Hungarian SMEs. This article is available for reading in Trade magazin 2025/2-3. In the 4th quarter of 2024 the index dropped to...
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Lekkerland opens a cashless store at Frankfurt Airport
Lekkerland has opened Germany’s first cashless airport shop in Terminal 1 of Frankfurt Airport. The automated Rewe To Go store is unmanned: cameras record what customers take from the shelves...
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Walmart to deploy AI price forecasting tool
The retailer will use tech provided by Helios to predict the price and availability of agricultural commodities. Walmart will soon begin using software that calculates climate risk and provides price...
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K&H: it is worth reviewing home insurance
This year, there will be a home insurance campaign, the aim of which is to review existing contracts and, if necessary, renew them, announced K&H, which, like last year, is...
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Constellation Brands takes minority stake in functional drinks maker Hiyo
The company said that Hiyo is planning new retail launches, innovation and growing the team in 2025. US alcoholic drinks major Constellation Brands has acquired a minority stake in local...
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Easter bunny sitting in the grass
Not only 2024 but unfortunately 2025 will also be influenced by the rising cost of chocolate ingredients. This article is available for reading in Trade magazin 2025/2-3. Consumers are feeling...
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The GVH promises decisive action in food retail
The Hungarian Competition Authority (GVH) is supporting initiatives aimed at reducing food prices with all available means, the GVH told MTI on Tuesday. Several competition supervision procedures are currently underway...
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Why was the price stop brought up again?
In his year-end speech, Prime Minister Viktor Orbán once again raised the possibility of imposing official prices if food prices do not fall. The issue has also been raised earlier...
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Pensioners and VAT refunds: will the significant amount remain a dream?
The government has announced that pensioners will receive a refund of VAT on vegetables and fruit from the second half of the year. The measure is intended to ease the...
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Very cautious monetary policy is expected due to the deteriorating inflation trajectory
The MNB kept the key interest rate at 6.50% today, as expected. The two ends of the interest rate corridor remained at 5.50% and 7.50%. Preliminary expectations, rising inflation, and...
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NGM: at the forefront of economic whitewashing – Hungary is the first in the world to make e-cash registers general
The government’s priority goal is to maintain fair market competition and whiten the economy. Hungary is at the forefront of whitening the economy, and many of the government’s online measures...
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How will the world economy develop in 2025?
The global economy will continue to face major challenges in 2025, with Donald Trump’s protectionist policies, trade tensions between China and the US, and the slow growth of the euro...
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177 million forint fraud in Booking.com system – this is how Hungarian travelers are being scammed
Over the course of three months, 177 million forints were stolen from Hungarian travelers in a well-organized fraud scheme on Booking.com. The criminals first obtained the accounts of the accommodation...
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Samsung Unveils New 9100 PRO SSD with PCIe 5.0 Support
Samsung 9100 PRO is the latest addition to the company’s consumer SSD lineup. The 9100 PRO features PCIe 5.0 interface to deliver advanced performance, efficient multitasking, and broad compatibility, enhancing...
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Sustainable travel: why not buy unnecessary souvenirs?
Humanity has never traveled as much as it does today, and this has serious environmental consequences. It is not only the emissions of airplanes and cars that are a problem,...
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Ryanair’s airfares are getting more expensive, Wizz Air is preparing to return to Ukraine
Ryanair CEO Michael O’Leary announced in Warsaw on Tuesday that the airline’s flight prices could rise by 4-6 percent this summer. According to the company’s CEO, last summer there was...
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Health and sustainability is the engine of this year’s F&B innovations
A sort of duality emerges from the predictions of food trends in 2025. This article is available for reading in Trade magazin 2025/2-3. With the easing of economic uncertainty following...
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German GDP fell in the fourth quarter
Germany’s gross domestic product (GDP) fell by 0.2 percent in the third quarter of 2024, adjusted for price, seasonal and calendar changes, compared to the third quarter, according to the...
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A charity organization offsets the emissions of ten thousand cars in Hungary last year
In 2024, the Hungarian Food Bank Association saved a total of 10,359 tons of expired and defective food, helping 245,000 people in need. The donation of HUF 17.1 billion was...
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Average earnings to increase by 13 percent in 2024
The government is constantly working to ensure that families can manage with more and more money – emphasized Sándor Czomba, State Secretary for Employment Policy at the Ministry of National...
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It is worth checking your home insurance and asking for a professional in case of a problem
Household problems arise suddenly in the home: for example, a blockage is a problem that needs to be solved immediately, and an expert is needed to fix it. However, it...
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CCC Group strengthens its market presence with a significant acquisition
CCC Group strengthens its market presence with a significant acquisition: the company has acquired a 75% stake in Szopex, an operator of premium sports footwear and sportswear brands in Poland,...
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