Market News

Mandatory indication of origin for nuts and dried fruit from 1 January 2025

From the beginning of 2025 it will be compulsory to indicate the country of origin on the packaging of certain nuts and dried fruit. The new rule will apply to...

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Anikó Raisz: the goal is not to ban plastics, but to promote their safe and sustainable use

The aim is not to ban plastics, but to promote their safe and sustainable use within appropriate frameworks, said Anikó Raisz, the State Secretary for the Environment and Circular Economy,...

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Why is chocolate in Dubai so expensive? It’s revealed!

In recent months, Hungary has also caught the Dubai chocolate fever, which has garnered worldwide attention. But why is it considered a luxury product, and why is it so expensive?...

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Hungarians are also people of solidarity if their lives are made easier

Munipolis, which operates the municipal communication networks, has compiled statistics on socially motivated public notifications. As it turned out, about twice as many messages reflecting sympathy are generated during the...

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The Santa Claus Factory will close its doors soon

The Santa Claus Factory will soon close its doors. Those who would like to donate have until 8:00 p.m. on December 21st to do so. Endre Zsolnai, the organizer of...

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“Christmas Candy of the year in 2024” winners selected

This year was the fifth when the Christmas Candy of the Year competition was organised. Pear Jelly and Muscat by Stühmer in Maklár became Christmas Candy of the Year in...

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The global reform of beekeeping can start from Jászberény

A multi-award-winning Hungarian development, which recently received professional manufacturing backing, has significantly automated one of the basic tasks of beekeepers. The hive frame machine stitches and drills out a hive...

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There is a little scepticism about corporate sustainability

According to the Capgemini Research Institute’s 2024 survey, consumer confidence is still lacking despite the steps firms are taking towards sustainability. This article is available for reading in Trade magazin...

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New law regulates cybersecurity

Yesterday, Parliament adopted a new framework for cybersecurity regulation, the Act on Cybersecurity in Hungary. The legislation also imposes new obligations on the companies concerned, warns international law firm Baker...

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Hungarians expect high prices: inflationary illusions hardly change

In the perceived price level change, the difference between the Hungarian population and the Central Statistical Office (KSH) moved back and forth in the examined period. This article is available for reading...

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Results of the autumn DUIHK survey: no rapid recovery expected

The German-Hungarian Chamber of Commerce and Industry (DUIHK) conducted a survey in mid-November, with the participation of 262 executives from the chamber’s member companies. This article is available for reading...

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Vegetarian cooking training to start in Austria next year

In early 2025 a course for cooks specialising in vegetarian cuisine will be launched in Austria. The plan initially met with strong opposition from industry and employee representatives, who argued...

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Food Labels Should Indicate Whether Products Were Made Using AI, Say Consumers

Some 83% of consumers believe that food labels should state whether said products were made with the help of AI technology, a new survey has found. According to the survey,...

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HungaroControl: Traffic increases by 6 percent during the holidays

According to the preliminary estimate of the Hungarian air navigation service provider, traffic will be 6 percent stronger in the two weeks before Christmas compared to the same period last...

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New Red Bull Winter Edition already available

Red Bull is rolling out a new flavour for the winter season across Hungary: Red Bull Winter Edition Ice Blueberry & Vanilla is available at selected retailers and catering outlets...

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Target launches generative AI gift finder

The Bullseye Gift Finder debuted with a focus on toys and provides shoppers with personalized product recommendations. Target on Friday (December 6) debuted its Bullseye Gift Finder, a generative AI-driven product...

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Kofola ČeskoSlovensko broadens range of soft drinks

The Curiosa range includes orange, apple, multivitamin and strawberry varieties. Czech soft drinks producer Kofola ČeskoSlovensko has expanded its range to include fruit juices and iced teas. The company has...

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These will be the best Christmas gifts of 2024 on eMAG

As the holiday season approaches, eMAG has revealed this year’s most popular products, offering insight into what shoppers are adding to their carts. The latest data shows that practical and...

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The new publication of the Hungarian Institute of Industrial Economics, supporting SMEs, focuses on the circular economy

Environmental problems related to industrial production and waste management are one of the biggest challenges on our planet: in Europe we produce 2.2 billion tons of waste per year, but...

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K&H: young people spend an average of 49 thousand forints on Christmas gifts

Similar to previous years, 84 percent of young people plan to buy gifts this year, spending an average of 49 thousand forints on them, compared to 40 thousand forints last...

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Mihály Varga: the central bank’s primary goal is to maintain price stability

The primary goal of the Hungarian National Bank (MNB) is to achieve and maintain price stability, Finance Minister Mihály Varga stated in his hearing for the candidate for governor of...

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Business leaders fear trade war

Almost two-thirds of global business leaders see trade war as a very serious global economic risk, according to a new investor survey released in London on Monday by Oxford Economics,...

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Retailer of the Year 2024 winners announced

For the 10th time Trade magazin has invited points of sale and store chains registered in Hungary to compete in 2024. The competition has a new name this year, plus a...

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NGM: the enforcement of consumer rights is also being examined in Christmas markets

Government agencies also inspect the enforcement of consumer rights at Christmas markets, Norbert Eitmann, the consumer protection spokesperson for the Ministry of National Economy (NGM), told reporters at the capital’s...

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Portfolio.hu: A wage explosion is taking place in Hungary that has hardly any precedent in the EU

According to a recent Eurostat survey, wages in Hungary increased by the third highest rate in the European Union (EU) in the third quarter of 2024 compared to the same...

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MNB: the monetary council did not change the base rate

The Monetary Council of the Hungarian National Bank (MNB) did not change the base rate at its meeting on Tuesday, which remains unchanged at 6.50 percent. Neither edge of the...

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Kifli.hu and Katinka Hosszú support families with young children with the Hungarian Maltese Charity Service

Fifty families in need benefit from the donation of Kifli.hu and Katinka Hosszú through the Hungarian Maltese Charity Service. The online supermarket Kifli.hu and Katinka Hosszú, Olympic and world champion...

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The 30th Logistics Yearbook was presented

On December 16, the anniversary Logistics Yearbook of the Hungarian Logistics Association (MLE), one of the highest-level scientific professional publications in the domestic logistics sector, debuted at the UniZone BGE...

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Profession.hu prepares you for salary negotiations

Negotiation situations with the employer require preparation. It is essential that employees effectively represent their interests and needs, whether it is a salary negotiation or increasing the flexibility of work....

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Proko Travel from Szeged received a sustainability award

Proko Travel Kft., one of the leading travel agencies in Szeged, has recently obtained the internationally recognized Good Travel Seal sustainability certificate. The certification confirms the company’s commitment to environmental...

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