Market News

Walmart To Launch First Stores In South Africa By Year-End

US retailer Walmart will launch its first branded stores in South Africa this year, it said on Tuesday. According to ESM’s report, the move by Walmart, which already owns South...

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Hungarian farmers are not alone, they can still count on the government’s help

Hungarian farmers are not alone, they can still count on the cooperation that the government provides in their interest with support schemes and other benefits – emphasized the State Secretary...

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Heineken’s Strongbow becomes first major alcohol brand to add NaviLens technology to packaging

Heineken’s Strongbow cider has become the first major alcohol brand to incorporate NaviLens technology, designed to support visually impaired people, into its packaging. Strongbow’s cider products now feature a NaviLens...

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The European Parliament has adopted its position on the future of the EU’s agricultural policy

MEPs want a bigger, separate agricultural budget after 2027, less bureaucracy for farmers and incentives to achieve environmental and social goals. The EU’s common agricultural policy (CAP) should not be...

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Gergely Gulyás: anything can happen regarding the margin stop

Anything can happen with the margin freeze, emphasized Gergely Gulyás, the Minister in charge of the Prime Minister’s Office, at Thursday’s government briefing. According to the Minister, the measure has...

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The best gluten-free bakeries can compete again this year

This year, the search for the gluten-free bread and pastry of the year continues. The aim of the competition, which is implemented within the framework of the Hungarian Bread program,...

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The Labubu fever has worn off: prices are falling on the secondary market

Speculation around Labubu toys in China has subsided: premiums are rapidly shrinking on the secondary market, indicating weakening demand and collectors’ caution – Portfolio.hu writes. Pop Mart International’s latest release,...

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Pet shops tested by Supermint – problems found in several places

In the Supermint program, 11 pet shops were inspected by experts from the National Food Chain Safety Office (Nébih). No problems were found that warranted immediate official action, but proceedings...

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The GVH Digital Awareness Program helps you recognize the tricks used by advertisements to influence you

The Hungarian Competition Authority (GVH) is raising awareness among schoolchildren, kids, and parents through its Digital Awareness Program. As part of an educational campaign, it will highlight the dangers of...

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Hungary is at the forefront of agricultural digitalization

The Hungarian agricultural sector is at the forefront of innovation and digitalization, as data-driven production, precision farming, robotics and weather-resistant production are now an integral part of the domestic agriculture...

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The world’s first mass-produced humanoid robot is available in Hungary for 12 million forints

The G1 humanoid robot will be available in Hungary from January, priced at 12 million forints. According to János Körömi, CEO of the distributor INFUZE Robotics, the robot will not...

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Magosz-NAK: Brussels’ pressure on the Mercosur agreement is unacceptable

Brussels’ pressure on the Mercosur free trade agreement, which would provide duty-free access to South American food imports into the EU, is unacceptable – the Association of Hungarian Farmers’ Associations...

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Tradition and innovation: Greenman presents award to the most beautiful fruit-growing estate in the country

The most beautiful fruit-growing and horticultural estate in Hungary not only uses but also protects the world-famous Hungarian apricot from Gönc. Several hundred years ago, when the first apricot trees...

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EP wants more agricultural support in EU budget after 2027

The European Parliament wants more and separate agricultural support in the seven-year EU budget after 2027, as well as less bureaucracy for farmers and incentives to achieve environmental and social...

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Hungary regains freedom from foot-and-mouth disease

Our country has successfully curbed foot-and-mouth disease (FMD) thanks to the government’s measures, as a result of which the World Organisation for Animal Health (OIE) has restored Hungary’s official free...

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MEGFOSZ adds machinery to OMÉK with informative professional presentations

One of the most exciting highlights of this year’s National Agricultural and Food Industry Exhibition and Fair (OMÉK) will undoubtedly be the National Association of Agricultural Equipment and Machinery Distributors...

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Albert Heijn uses data to combat food waste

Dutch supermarket chain Albert Heijn is combining four existing initiatives against food waste into its new “Laatste Kans Koopjes” (Last Chance Bargains), making all discounted products visible in its app...

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Results of the 2025 application supporting agricultural civil organizations

The number of publications and events promoting agriculture, as well as the number of network building activities ensuring the international representation of organizations, has increased significantly in recent times, through...

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Bluetongue confirmed in Nébih Somogy County

The laboratory of the National Food Chain Safety Authority (Nébih) has confirmed the presence of bluetongue. The tests showed PCR positivity in samples from two large cattle herds in Somogy...

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EU Adopts Binding Legislation to Cut Food Waste

The European Parliament has passed a new law aimed at significantly reducing food and textile waste across the EU. In accordance therewith, member states will be required to cut food...

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Agrometeorology: Drought is only slowly easing in the Great Plain

The rains and showers of the first half of the week provided thorough irrigation in many places, but the soil in the southern half of the Danube-Tisza region remains very...

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Coca-Cola aims to help solve the orange juice crisis with AI

The Minute Maid producer is a founding member of an MIT consortium that looks to solve “real-world problems” through artificial intelligence. Coca-Cola is joining the Massachusetts Institute of Technology and...

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The Hungarian economy may finally start growing next year

After this year’s stagnation, the Hungarian economy may return to growth next year, with exports and investments expected to pick up, bringing GDP expansion of 2.3% in 2026. The margin...

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Inflation remained unchanged in August

In August, consumer prices in Hungary were on average 4.3% higher than a year earlier, in line with our expectations and analyst consensus. Compared to the previous month, prices remained...

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Fitch has improved its global GDP growth forecast for this year

Fitch Ratings, an international credit rating agency, has revised its forecast for global GDP growth this year from 2.2 percent to 2.4 percent, partly due to better-than-expected second-quarter economic data....

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More and more domestic SMEs are turning to the possibility of exporting

In the past three months, the share of SMEs’ revenue coming from exports has started to grow again, according to the Q2 2025 K&H SME Confidence Index. While in the...

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The strategy of the Hungarian Wine Marketing Agency places special emphasis on strengthening foreign markets

The strategy of the Hungarian Wine Marketing Agency (MBÜ) places special emphasis on strengthening foreign markets, increasing Hungarian wine exports, and promoting responsible wine consumption. Last year, Hungarian wine exports...

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New normality in the domestic warehouse market: hybrid supply chains and more disciplined developments

The Hungarian warehouse market has been transformed after the coronavirus pandemic, and a new normal has now emerged, writes Világgazdaság, based on a statement by Ajtony Koppány Bíró, Secretary General...

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Manpower: 25 percent of Hungarian companies plan to increase staff in the last quarter of the year

Hungarian employers expect improved employment indicators for the last quarter of this year: 25 percent of Hungarian companies plan to expand their workforce during this period, while 17 percent expect...

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We mostly use AI in the workplace for information retrieval

In July, GKI conducted a survey on the prevalence of artificial intelligence (AI) among the population on a representative sample of 1,000 people. As our previous analysis showed, 36% of...

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