Market News
Milk production and processing: from the European Union to the Hungarian Trappist
The European Union’s milk production reached 160.8 million tonnes in 2023, 96% of which was cow’s milk. Germany remains the largest producer, which stands out in the production of drinking...
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K&H: young people must reckon with digital overheads
Families’ digital overheads are so high that a streaming subscription as a gift can be a real Christmas surprise. The question is whether the recipient will be able to maintain...
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KPMG: The 12 (cyber)threats of Christmas
People spend their time preparing for the holidays in many ways. Some people chase after fish, perhaps even catch the fish themselves, while others see it as an opportunity to...
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The power of local products
Auchan Magyarország Kft. was awarded a silver medal for the efforts they made for Hungarian products at this year’s Retail Award of Excellence for Hungarian Products competition. This article is...
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Expensive Christmas menu and gifts in Slovakia: what can you expect this holiday season?
According to the latest data from the Slovak Statistical Office, the cost of this year’s Christmas menu will be 5-6% higher compared to last year. Although overall inflation has slowed...
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How to have a waste-free Christmas
The holidays are approaching, and with them the biggest baking and cooking season of the year, when we sometimes tend to overdo it. We strive to provide every guest with...
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Blue Planet – The catch-up program can give hope to disadvantaged settlements
The catch-up program can give hope to disadvantaged settlements, declared Miklós Vecsei, Prime Minister’s Commissioner and former President János Áder, Chairman of the Board of Trustees of the Blue Planet...
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Vermouth: The Resurgence of Fortified Wine – Agárdi Distillery Joins the Trend
For many, the word vermouth still evokes memories of Hungary’s iconic socialist-era drink, Éva Vermouth, or later popular international brands like Martini and Cinzano. However, this herb-infused fortified wine has...
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There is no sustainable horticultural development without dedicated farmers
Promoting the sustainability of the agricultural sector is a top priority, as is creating a knowledge-based and innovative agricultural economy. In order to achieve these goals, in addition to research,...
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Chocolate boxed assortments and educational toys are top of the list this Christmas holiday season
Boxed assortments and educational toys are expected to be the top sellers for the Christmas holiday season this year as consumers become more selective with purchases according to data analytics...
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Livestock production continues to grow
The weather in 2024 was very extreme, with a lack of precipitation in early spring, but significant rainfall in early summer, followed by a heat wave that lasted for weeks....
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Yakult to shut factory in China
Yakult plans to move the operations of the Shanghai factory to plants in Wuxi and Tianjin. Japan-based Yakult Honsha is closing a factory in China as part of changes to try...
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Romania’s AuGust Eyes Purchase Of 87 Stores From Ahold Delhaize
Romanian convenience store chain AuGust is negotiating to buy 87 Profi and Mega Image stores from Ahold Delhaize in Romania. The sale of the stores is a requirement placed by Romania’s...
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Most major grocery chains will keep their stores open until noon on December 24th
Most of the large grocery chains will keep their stores open on December 24th, stores will usually wait for customers until 12:00, but there may be exceptions, after which their...
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Viktor Orbán: Economic recovery and historic opportunities for 2025
On Friday morning, Prime Minister Viktor Orbán presented the Hungarian government’s economic goals for 2025 and the potential for a global turnaround in the world on Kossuth Radio. The Prime...
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Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients were celebrated at a prestigious event, highlighting the importance of consumer-friendly practices across all sectors of commerce. At the award...
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KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2 percent, or 3.1 percent adjusted for working day effects, from a year earlier, the Central Statistical Office (KSH) confirmed in...
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Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading provider of hybrid workspace solutions, including the Spaces and Regus brands, looks at the changing nature and frequency of business...
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New Tax Law Brings Significant Changes for Guest Workers
The 2024 Act LV introduces changes that remove several tax benefits for workers from non-EEA countries. The new tax law, effective January 2024, introduces significant changes for guest workers coming...
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This is what we expect from artificial intelligence: we will be more efficient and have more fun
The Ipsos 2024 AI Monitor report provides a comprehensive picture of how people around the world and in Hungary relate to artificial intelligence (AI). While the majority trust that AI...
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K&H: a gift, but what and from which store?
When it comes to Christmas gift-giving, clothes are the most popular choice among young people, with 67 percent of them preparing such a surprise for the holidays. Cosmetics are also...
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Mayor’s Office: bottle holders in public areas are being tested
Public bottle holders are being tested, the aim of which is to allow the collection of reusable bottles separately from public waste – the Mayor’s Office told MTI. According to...
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The National Chamber of Agriculture and Commerce strengthens its representation of European Union and international interests
The National Assembly of the National Chamber of Agriculture and Commerce has elected András Cseh as the new Vice President responsible for European Union agricultural strategy and external relations. The...
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EU member states agree on fishing quotas for 2025
The relevant ministers of the EU member states agreed in Brussels on a regulation on fishing quotas for 2025, which will allow fish stocks to be maintained at sustainable levels...
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Eckes-Granini acquires fruit juice concentrate producer in Germany
Eckes-Granini, one of Europe’s leading juice producers, has acquired Wolfgang Jobmann, a specialist in the production of fruit drink concentrates in Germany. The Hamburg-based company has been marketing concentrates for...
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Fish consumption is becoming increasingly popular in our country
The Christmas fish offer and the results of domestic fish production were presented at a press conference organized in Budaörs in cooperation with the Ministry of Agriculture, the Hungarian Aquaculture...
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Nébih Farm welcomes visitors at a new location
The National Food Chain Safety Office (Nébih) has opened its doors to the renewed Nébih Farm, or the journey of milk, installation at the Hungarian Agricultural Museum since December. Visitors...
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Animal welfare support for the dairy cattle sector launched
A new call for proposals has been launched to improve the animal welfare conditions of dairy cattle herds within the framework of the CAP Strategic Plan. Applications for support will...
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From 2025, the buyer who disappears the producers’ money will no longer be a company manager
Thanks to the producer protection law package adopted by the Parliament, from 1 January 2025, not only late payment beyond 30 days will be punishable. The new rule is that...
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The latest issue of Trade magazine is out now!
This time the digital version has been extended to 192 pages. You can read it now by clicking on the front page at the bottom of this e-mail, until the...
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