Market News
Auchan GO: the first smart store is now open in Budapest
On 10 April Auchan Magyarország opened its new innovative store: the first Auchan GO is in Bikás Park, in the Újbuda district of the capital city. This article is available...
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Display 2.0 – the sales floor of the future
In-store display is becoming a smart device – we could learn at Shop! Global Retail Trade Association’s April webinar, where Bram van Schijndel Tromp, the CEO of Pure Value Europe...
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Mercadona promotes healthy eating
As part of its commitment to healthy eating, Spanish retail chain Mercadona updated the labels of more than 500 products in 2024 and plans to update 2,500 more in 2025...
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Cora to close all Belgian stores by 2026
Hypermarket chain Cora is going to close all seven of its stores in Belgium by the beginning of 2026, putting nearly 1,800 jobs at risk. This article is available for...
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Márton Nagy: there is a high chance that the margin reduction will be maintained
There is a high chance that the margin reduction measure will not be implemented after May 31, and it is expected that it will also be extended to household goods,...
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In addition to Hungarians, Slovak millers also reject insects in food
The Slovak Milling Industry Association has joined the initiative of domestic bakers and clearly rejected the use of insects in flour and bakery products, Infostart reported. Despite the fact that...
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New EU guidelines help prepare for the application of the EUDR
The European Commission has published new guidance and frequently asked questions to support the practical application of the EU Regulation on the marketing of deforestation-free products (EUDR). The aim of...
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E-receipt: Számlázz.hu has launched an information site to help businesses
A new life begins for tens of thousands of entrepreneurs: the regulation concerning e-cash registers came into force on April 1st. Based on the regulation, Számlázz.hu, which serves 800 thousand...
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Hungarian beekeeping in serious crisis: the population has halved, there will also be less acacia honey
More than half of the domestic bee population died in the winter, and the April frosts also destroyed the crops of two-thirds of the Hungarian acacia forests, according to the...
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The dark side of AI – who will stop the spread of deepfake?
Deepfakes, or fake images, videos, and audio generated by artificial intelligence, are a growing problem online. As technology advances, it becomes increasingly difficult to distinguish between real and artificial content,...
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Stable labor market awaits the effects of tariffs
In March, the number of employed persons among the working-age population aged 15-74 was 4 million 701 thousand, which is more than 18 thousand people higher than the February level,...
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MKIK Vice President: Economic challenges must be turned into opportunities
The role of the Hungarian Chamber of Commerce and Industry (MKIK) is to turn economic challenges into opportunities for entrepreneurs, said the Vice President of MKIK at the opening ceremony...
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GKI Analysis: Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high priority in recent years. The aim of sustainability regulations is to ensure that companies take environmental and social impacts into...
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Domestic superfoods for health and sustainability
People eat more and more exotic “superfoods”, but from a sustainability and dietetic point of view it is better to choose domestic alternatives, says the Hungarian Dietetic Association (MDOSZ). This...
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Munch and SPAR save more than 1.1 million food packages
Since 2022 SPAR Magyarország has sold more than 1.1 million food packages with a discount through the Munch app. This article is available for reading in Trade magazin 2025/5. Packages...
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Nestlé surpasses its sustainability targets
One year ahead of schedule, Nestlé cut its global greenhouse gas emissions by 20.38% in 2024 compared to the 2018 levels, achieving an important milestone towards its net zero emissions...
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Farm Europe urges EU to stand up for animal products
A new approach and measures to recognise and value the work of those working in the animal production sector are being called for in EU food policy by 125 like-minded...
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K&H’s parent company among the world’s most sustainable banks
For the third consecutive year K&H’s Belgian parent bank, KBC Group has been granted an “A” rating by CDP, thanks to this becoming one of the world’s most sustainable banks....
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The EU has approved a new feed additive: this is how L-arginine affects animal health
The European Union has authorized the use of L-arginine as a feed additive, which offers new opportunities for a balanced amino acid supply for farm animals, according to reports from...
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ESG shift in HR: equality takes a back seat, environmental protection comes to the fore
According to the SAP SuccessFactors 2025 trend report, the focus of HR has shifted considerably in the ESG landscape: while social aspects are weakening, environmental sustainability is pushing forward. This...
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Innovative technologies 2.0: from the Mariana Trench to the peak of K2
Food industry isn’t only changing in its product portfolio, but also in the technologies it uses. AI, automation, precision technologies, blockchain and robotics are often mentioned as technologies that are...
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István Nagy: we will continue to strive to reduce the risk of bird flu epidemics in every possible way in the future
We will continue to strive to reduce the risk of bird flu epidemics in every possible way in the future, and to this end, we intend to introduce effective incentives...
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Omnibus package of measures
In February 2025 the European Commission presented a new package of proposals that would amend several sustainability regulations, including the CSRD, CSDDD and EU Taxonomy. This article is available for...
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There will be ATMs in every settlement, and cash withdrawals will also be more convenient
ATM services will become available in all Hungarian settlements, while the rules for cash withdrawals will also become more favorable, the Ministry of National Economy announced. According to the legislative...
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EU restricts cash payments
The European Union will cap the amount of cash payments from 2027: according to the new rule, a maximum of ten thousand euros – or more than four million forints...
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KPMG on Cybersecurity: Service instead of vulnerability
The rapid evolution of the digital environment, driven by technologies like artificial intelligence, is redefining almost every aspect of professional and personal life, making cybersecurity a universal concern, not just...
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Declining turnover in the pesticide market in 2024
Based on the data received, the net sales revenue of total pesticide sales in 2024 was 133 billion forints, which was 10.5 percent lower than in 2023. The sales prices...
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Impressive productivity growth in domestic retail trade
Labour productivity improvement in Hungarian retail trade by 2023 (vs. 2010) was outstanding at 50% if compared to the country as a whole at 15% or the manufacturing sector at 8%....
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Hungarian confectionery industry: balancing between challenges and opportunities
In 2024 the winners in volume sales were ice cream (+10%), candy (+4%) and crisps (+6%), according to the Association of Hungarian Confectionery Manufacturers (MÉSZ). This article is available for...
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Higher coffee bean prices than ever because of the bad weather
World coffee prices hit a multiyear high in 2024, after exceeding the previous year’s average by 38.8%, mainly due to adverse weather in major producing countries, informed the UN Food...
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