Market News
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening hours of major Hungarian retail chains. Most stores will be closed for three consecutive days, so planning ahead is essential....
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Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both month-on-month and year-on-year, Eurostat, the European Union’s statistics office, said on Tuesday. Eurozone industrial production rose by 1.1 percent in...
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Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze, the prices of the 30 basic foodstuffs subject to the measure have decreased by an average of 18.6 percent in...
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This is how we shop at Easter
During the Easter period, SZÉP Cards will play a prominent role, as they can be used to pay in restaurants and hotels, among other things. Last year and the year...
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Here is the announcement: the GVH is investigating the dairy products and egg markets as well
The Hungarian Competition Authority (GVH) has launched accelerated sector investigations in the domestic market of milk and dairy products and eggs, announced Csaba Balázs Rigó, President of the GVH, at...
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The snack tomato segment is also changing
Moroccan tomatoes are becoming an increasingly dominant player in the global market, especially in the snack tomato segment. In the meantime, however, producers have to contend with water shortages, plant...
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Surge in egg and horseradish prices before Easter
According to AKI PÁIR data, the price of table eggs (M+L) from cage farming in Hungary was HUF 64.53/piece in the first eight weeks of 2025, 20.8% higher than the...
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Bravely to the lamb! – Why is it worth rediscovering Hungarian mutton?
It has been a staple in Hungarian cuisine for centuries, but today it is rarely eaten. Why has lamb been on the back burner, and why is it time to...
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The eradication of colonies infected with RSZKF disease has been completed
The culling and disposal of infected herds in the farms affected by the third and fourth outbreaks of foot-and-mouth disease (FMD) in Darnózseli and Dunakiliti has been completed. However, official...
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Melanie Joy returns to Hungary upon the invitation of MAVEG
One of the best-known vegan activists, Harvard University psychologist Melanie Joy will visit Hungary once again in April, to attend an event organised by the Hungarian Vegan Association. This article...
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The EU is investing €140 million to introduce generative artificial intelligence in the agri-food industry
The European Commission has launched four new calls for proposals under the Digital Europe programme, worth a total of €140 million, to support the uptake of artificial intelligence (AI), develop...
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The Economic Committee of the Parliament has accepted the 2024 report of the Hungarian Competition Authority
The Economic Committee of the Parliament has adopted the report of the Hungarian Competition Authority (GVH) on its activities in 2024 and its experiences in applying the Competition Act without...
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Lidl Launches Global Innovation Centre In Portugal, Grows Share In Italy
German discounter Lidl has chosen Portugal as the home of its two new customer-centric innovation hubs, called Lidlabs, investing €500,000 in the project. Located adjacent to Lidl stores in Linda-a-Velha...
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Food waste reduction a key ESG priority for 70% of consumers
Some 70% of consumers believe retailers should focus their ESG efforts on food waste reduction rather than addressing ‘mainstream’ sustainability efforts, such as recycling. New data of over 1,000 shoppers...
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Diageo spices up Captain Morgan cocktails
The brand best known for its spiced rum is leaning in to the growing popularity of “swicy” flavors with its latest launch. Captain Morgan is calling the latest flavors in...
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Hungarian Confectionery Manufacturers Association: Hungarian confectionery industry balances in a stagnant market
The Hungarian confectionery industry saw a stagnant market in terms of volume in 2024, and the Hungarian Confectionery Manufacturers Association expects a similar or slight decrease this year. According to...
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Fighting dirt and supporting sustainability
This article is available for reading in Trade magazin 2025/4. According to Gabriella Kőrösy, general manager of AC Marca Hungary Kft., the total cleaning product market expanded by 7.9% in...
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Customers choose Easter sweets based on quality and price
This year’s Easter season in the domestic confectionery market is marked by awareness. Manufacturers have placed greater emphasis than ever on optimizing their product portfolio. Price sensitivity has also increased...
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Hungary’s economic vulnerability: causes, consequences and possible solutions
The economic developments of recent years have once again drawn attention to the vulnerability of the Hungarian economy. The declining growth, the fluctuating forint exchange rate and the runaway inflation...
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The MÁV Group helps promote cycling tourism
The MÁV group is helping to promote cycling tourism with its extensive bicycle transport options and its renewed cycling sub-page, the railway company told MTI on Saturday. According to their...
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DIEGO starts 2025 with optimistic plans
Increasing price sensitivity, an unpredictable regulatory environment and new shopping habits – DIEGO is building a long-term strategy amidst these factors. In an interview with Pénzcentrum, the marketing director of...
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New Year’s resolutions: two months of momentum
Foodora’s experience is that at the beginning of the year food orders and grocery shopping are influenced by New Year’s resolutions. This article is available for reading in Trade magazin...
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The gap is getting wider: the purchasing value of pensions is deteriorating dramatically
The purchasing power of pensions compared to salaries will suffer another significant decline in 2025, according to new data from the Central Statistical Office (KSH). The average pension currently accounts...
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On-site clearance is coming to an end, but protection continues
The fight against the foot-and-mouth disease virus on infected farms has ended, but protection must continue, the Minister of Agriculture stated at a press conference following the Saturday meeting of...
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They’re queuing for angel hair chocolate ice cream
The first to make ice cream from angel hair chocolate in Hungary was patissier Dávid Jakabfi, a well-known figure in modern Hungarian confectionery. The new dessert is made from punch,...
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GVH: Answear clothing online store will operate more transparently
The Competition Council of the Hungarian Competition Authority (GVH) concluded its proceedings by accepting the commitments of the Polish company operating the Answear clothing online store, and the store will...
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Renewable energy and real estate development are driving green loans
According to the recently published data of the Hungarian National Bank for 2024, the total volume of green loans issued to corporate, municipal and retail customers almost reached HUF 1,300...
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Digital preservation in the spirit of the alpha generation
This Easter, many Hungarian settlements are providing excellent examples of how to keep folk traditions that are often hundreds of years old alive and pass them on to younger generations....
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What will 2025 look like – shall we get ready for a flying start?
In March Mesterművek Business Club welcomed its members to a special location in the MOL Tower, the Michelin Guide recommended Virtu restaurant. This article is available for reading in Trade...
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EU directive: next year we will be able to find out how much our colleagues earn
The EU’s Pay Transparency Directive requires member states to comply with the objectives of the new pay transparency directive by 7 June 2026. This means that companies operating in the...
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