Market News
Online retailers are much more optimistic about Christmas than last year
The renewed rise in real wages is likely to be reflected in this year’s Christmas spending. 50 percent of online stores selling products that come into focus at this time...
Read more
ESG: why is everyone only talking about large companies?
ESG aspects are key sustainability metrics. Yet, when we talk about ESG compliance, we most often refer to large companies and listed companies. But what about medium-sized companies, which are...
Read more
GKI analysis: Earnings – how much is too much?
One of the most common questions in recent months is why, despite the extremely high real wage level, Hungarian consumption is not expanding faster? According to the Minister of Economy,...
Read more
In the mood for Christmas: szaloncukor in the unusual test of Supermint
The main characters of the seasonal product test of Szupermenta, which is celebrating its 10th birthday, were coconut lollipops. The experts of the National Food Chain Safety Office (Nébih) conducted...
Read more
Smartphone payments turnover increased by 180 percent in two years
In ten months, K&H customers spent more than 469 billion forints with smart devices. This is 58 percent more than a year earlier, while compared to the same period in...
Read more
“You are what you eat” – New program researches the eating habits of families with children
Proper nutrition plays a fundamental role in the physical and mental development of children and determines their quality of life in the long term. However, in Hungary, the health of...
Read more
In addition to delicious desserts, poppy seeds are the raw material for many of our medicines
Poppy seeds are not only an excellent traditional ingredient for our desserts. Due to their rich vitamin and mineral content, their consumption also contributes to the healthy functioning of our...
Read more
From January 1, buyers must pay producers within 30 days
The 30-day payment deadline for agricultural and food products has been in effect since 2012, but – in order to protect producers – violating this will also result in an...
Read more
KPMG says companies should appoint a dedicated leader to lead AI transformation
There is no question that the application of advanced technologies, including generative artificial intelligence (GenAI), is becoming an important breakthrough for economies and companies. Companies must therefore appoint a responsible...
Read more
Freedom24 stock market predictions for 2025: best-performing sectors and key trends
Freedom24, an innovative trading platform that connects investors to the world’s leading stock markets, has identified the trends that will impact stock market performance in 2025 and has compiled a...
Read more
Energy efficiency investments and climate protection measures are becoming impossible
Further amendments are needed to the energy efficiency law before the Parliament, according to logistics professional organizations. They warn that if the amendment is adopted in December without revision, it...
Read more
The Saudi Arabian market is happy to see Hungarian know-how
The Hungarian-Saudi Arabia Digitalization Cluster (HSD Cluster) held its first open day, where participants could gain insight into the Cluster’s operations, vision and objectives. The special guest of the event...
Read more
KPMG: Who is responsible for the application of artificial intelligence at your company?
There is no question that the application of advanced technologies, including generative artificial intelligence (GenAI), is becoming an important breakthrough for economies and companies. Companies must therefore appoint a responsible...
Read more
We eat 35-40 percent of our annual fish consumption at Christmas
Although according to the Hungarian diet, we should eat fish at least once a week, unfortunately the per capita fish consumption of Hungarians remains far below the European average at...
Read more
The area of organic farming could increase to 500 thousand hectares by 2027
The support programs starting next year may give a new impetus to domestic organic farming, the current area of 320 thousand hectares of which could expand to 500 thousand hectares...
Read more
DS Smith opens new eco-classroom in Füzesabony
For the third time this year, DS Smith opened an eco-classroom in Hungary. This article is available for reading in Trade magazin 2024/11 As part of the project realised with...
Read more
Call for proposals to support individual advisory services has been published
A new call for proposals has been published with a budget of HUF 10 billion to support individual advisory services provided to farmers, thus helping sector players to cope with...
Read more
Hero Group acquires British brand Deliciously Ella
Swiss food company Hero Group has acquired British healthy snack brand Deliciously Ella for an undisclosed sum. This article is available for reading in Trade magazin 2024/11 With this move...
Read more
Mondelēz joins forces with Amcor for a greener Cadbury packaging
Mondelēz International has partnered with Amcor to introduce new packaging, made from 80% certified recycled plastic for Cadbury chocolate bars in the UK and Ireland. It is expected that around...
Read more
In addition to delicious desserts, poppy seeds are the raw material for many of our medicines
Poppy seeds are not only excellent as a traditional raw material for our desserts. Due to their rich vitamin and mineral content, their consumption also contributes to the healthy functioning...
Read more
Growth, successful campaigns, new partnerships: this was 2024 for Hungarian Product
This year Hungarian Product set a new record with 260 trademark users, who now strengthen the Hungarian economy with nearly 6,000 products bearing the label. We spoke to Eszter Benedek,...
Read more
It is important that the post-2027 agricultural policy makes the EU’s agriculture farmer-friendly
It is important to discuss how the conclusions on the post-2027 Common Agricultural Policy (CAP) will make the European Union’s agriculture farmer-centric and farmer-friendly, the Hungarian Minister of Agriculture stated...
Read more
EHI: AI is revolutionising retail
According to a new study by EHI, there is great potential in using generative AI in retail trade. This article is available for reading in Trade magazin 2024/11 IT consultancy...
Read more
AM: From January 1, buyers must pay producers within 30 days
From January 1, buyers must pay producers within 30 days. The 30-day payment deadline for agricultural and food products has been a requirement since 2012, but – in order to...
Read more
Tata Consumer Products to grow Starbucks cafes in India to 1000
Tata Consumer Products (TCPL) is set to capitalise on the expanding coffee market in India by scaling up its cafe operations through its joint venture, Tata Starbucks. MD and CEO...
Read more
52 percent of agricultural machinery investments were spent on power plants
Individual farms and corporate enterprises purchased new agricultural machinery and equipment worth 135.2 billion forints in the January-September 2024 period, which was 41 percent lower than the turnover a year...
Read more
KSH: Agricultural output in 2024 fell by 8.0 percent compared to the previous year
The total output of agriculture in 2024 amounted to over 4.0 thousand billion forints, falling by 8.0 percent compared to the previous year. The decrease was caused by a combined...
Read more
Drop in alcohol consumption in France driven by wine, study says
The fall last year was attributed mostly to a 4.2% decline in wine sales volumes year-on-year. A fall in wine consumption in France drove a drop in the sales of...
Read more
Aldi opened nearly 120 stores in 2024
Fast-growing discount grocer gets closer to its goal of opening 800 new stores by 2028 ‘Tis the season for Spotify Wrapped—the music streaming service’s annual recap of users’ individual listening...
Read more
EU and Mercosur countries reach political agreement on planned free trade agreement
The European Commission and representatives of Mercosur countries have concluded negotiations on a free trade agreement and reached a political agreement on its conclusion, the Brussels-based executive body announced on...
Read more