Market News
Walmart to introduce a price prediction system
Date: 2025-03-28 15:22:57
Walmart’s goal is to strengthen its food supply chain by using a price prediction system to better assess medium- and long-term climate risks, which are relevant to the global agricultural...
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KSZGYSZ honours the best in the domestic environmental industry
Date: 2025-03-28 15:22:48
On the first Saturday of March the 24th National Environmental Meeting and Awards Gala was held, where the Hungarian Association of Environmental Enterprises (KSZGYSZ) recognised special efforts in sustainable development....
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Lekkerland opens cashierless store at Frankfurt airport
Date: 2025-03-28 15:21:17
REWE Group member Lekkerland has opened Germany’s first cashierless airport store in Terminal 1 of Frankfurt Airport. This article is available for reading in Trade magazin 2025/4. The AI-powered, unmanned...
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Sustainable mass catering is the focus of the Public Sector Catering Competition
Date: 2025-03-28 15:20:12
This year is the 10th that the Public Sector Catering Competition (KÖSZ) is organised, bringing together catering professionals from institutions and workplaces to test their skills. This article is available...
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AI trends in 2025: SAP’s predictions
Date: 2025-03-28 15:19:12
SAP predicts that AI will be embedded in business processes in 2025, playing a key role in data management, decision-making and customer interactions. This article is available for reading in...
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Responsible Gastro Hero Foundation: Valentine’s Day generates lots of waste
Date: 2025-03-28 15:15:57
Every year more than 100,000 tonnes of waste is generated in Europe on Valentine’s Day, 70% of which is single-use packaging and short-life gifts. This article is available for reading...
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EUR 150bn for AI development in Europe
Date: 2025-03-28 15:15:55
At the AI Action Summit in Paris this February the “EU AI Champions Initiative” was unveiled: this is a strategy to invest EUR 150bn in European AI start-ups over the...
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Supply chain: AI is less effective in the front line
Date: 2025-03-28 15:13:56
According to recent data from Gartner, generative AI is increasing the productivity of supply chain office workers, but is less effective at the team level and in the front line....
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Green loans are still going strong
Date: 2025-03-28 15:12:45
The market for corporate green loans continues to grow dynamically in 2025, while the Central Bank of Hungary (MNB) will introduce ESG data collection for larger corporate loans from July....
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New regulation for protecting consumers
Date: 2025-03-28 15:11:45
On 2 February the AI Act, the European Union’s first regulation on artificial intelligence entered into force. This article is available for reading in Trade magazin 2025/4. The legislation applies...
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Too Good To Go unveils food waste reduction platform
Date: 2025-03-28 15:08:58
Too Good To Go has launched a new AI-powered platform to help retailers reduce food waste and thus increase profits. This article is available for reading in Trade magazin 2025/4....
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Coca-Cola is testing an AI-powered vending machine
Date: 2025-03-28 15:07:02
Coca-Cola has unveiled its latest development, the Coke&Go smart cooler at Sydney Airport in Australia, which uses AI and image recognition technology. This article is available for reading in Trade...
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Tens of thousands of Hungarian companies need to comply with ESG standards
Date: 2025-03-28 15:06:48
Under the ESG law, from 2025 not only large companies but also their suppliers will have to comply with sustainability standards. This article is available for reading in Trade magazin...
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Nearly EUR 6bn in fines since the start of GDPR
Date: 2025-03-28 15:04:14
DLA Piper reports that EU data protection fines have reached EUR 5.88bn since the GDPR came into effect, from which EUR 1.2bn were imposed in 2024. This article is available...
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Mercadona to introduce personalised AI shopping assistant
Date: 2025-03-28 15:02:14
A personalised AI-based shopping assistant called MercadonIA makes it easier for Spanish shoppers to plan their weekly meals and shopping. This article is available for reading in Trade magazin 2025/4....
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Nébih supports EUDR preparations with a thematic website
Date: 2025-03-28 15:01:46
It is best to start preparations for the EUDR already now: the regulation covers seven product groups, including cocoa, coffee, soy and palm oil. This article is available for reading...
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IBM and L’Oréal develop sustainable formulations
Date: 2025-03-28 15:00:24
IBM and L’Oréal are working together to develop sustainable and high-performance cosmetic products. This article is available for reading in Trade magazin 2025/4. The parties will use IBM’s generative AI...
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Young people believe everything the machine says
Date: 2025-03-28 14:57:58
According to a study by EY, Microsoft and TeachAI, almost everyone who belong to Generation Z are using AI, but many don’t recognise the error-containing or misleading information generated by...
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Hungary and FAO put cooperation on a new footing
Date: 2025-03-28 14:56:57
Maurizio Martina, deputy director-general of FAO and deputy state secretary Oszkár Ökrös have discussed the establishment of new foundations for and the further strengthening of the nearly twenty years of...
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PwC’s Hungarian CEO Survey: growing confidence, cautious expectations
Date: 2025-03-28 12:48:09
PwC Hungary’s 14th CEO survey was conducted in the last quarter of 2024, with the participation of 252 Hungarian executives. This article is available for reading in Trade magazin 2025/4....
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International and domestic FMCG retail outlook: Tamás Kozák in the Chain Bridge Club
Date: 2025-03-28 12:39:26
At the February meeting of the Chain Bridge Club Tamás Kozák, secretary general of the National Trade Association (OKSZ) gave a comprehensive overview of international and domestic trends in the...
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Why has lactose-free milk become cheaper? – margin freeze, hidden profit margins and the trick of “free” products
Date: 2025-03-28 12:23:14
A recent price comparison has come to a surprising result: as a result of the government’s margin freeze, the prices of lactose-free dairy products have decreased the most in the...
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The European Commission has proposed to strengthen the competitiveness of the EU wine sector
Date: 2025-03-28 11:26:05
The European Commission is proposing measures to improve the competitiveness and resilience of the European wine sector, so that it remains a vital economic force in the coming decades, it...
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NGM: government will preserve the purchasing power of pensions, pensioners will receive an additional increase of an average of HUF 39,600 in November
Date: 2025-03-28 11:12:59
The government is committed to providing stable and predictable living conditions for pensioners. In January this year, the government increased pensions by 3.2 percent, which provided substantial assistance to approximately...
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Sustainable turnaround in Hungarian agriculture: more and more people are switching to modern production methods
Date: 2025-03-28 11:00:59
Innovative, sustainable technologies are playing an increasingly important role in Hungarian agriculture, which not only increase productivity but can also ensure competitiveness in the long term. Organic farming, greenhouse cultivation...
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Franchise 2025
Date: 2025-03-28 10:52:21
This article is available for reading in Trade magazin 2025/4. In recent years the uncertainty of the economic environment has made regulated, stable business models more valuable in the eyes...
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Hungarian banana history: from rarity to staple food
Date: 2025-03-28 10:44:49
Bananas have long been a popular fruit worldwide, but there are still many misconceptions surrounding them. For example, few people know that bananas do not ripen on trees, or even...
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K&H: smart devices are unstoppable
Date: 2025-03-28 10:41:18
There has been a spectacular growth in mobile payments among K&H customers: in 2024 they spent nearly HUF 602bn using their smart devices, a 60% rise compared to a year...
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This year’s call for applications for the European Enterprise Development Award has been published
Date: 2025-03-28 10:38:04
This year’s call for applications for the European Enterprise Promotion Awards has been published, and the Ministry of National Economy (NGM) is waiting for applications for creative, innovative and unique...
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Based on employment data, Hungary is among the leaders in Europe
Date: 2025-03-28 10:34:49
According to the data of the Central Statistical Office, in February 2025, nearly 4.7 million people worked in our country. The number of employed people remains outstanding, while the unemployment...
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