Market News
On-site clearance is coming to an end, but protection continues
The fight against the foot-and-mouth disease virus on infected farms has ended, but protection must continue, the Minister of Agriculture stated at a press conference following the Saturday meeting of...
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They’re queuing for angel hair chocolate ice cream
The first to make ice cream from angel hair chocolate in Hungary was patissier Dávid Jakabfi, a well-known figure in modern Hungarian confectionery. The new dessert is made from punch,...
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GVH: Answear clothing online store will operate more transparently
The Competition Council of the Hungarian Competition Authority (GVH) concluded its proceedings by accepting the commitments of the Polish company operating the Answear clothing online store, and the store will...
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Renewable energy and real estate development are driving green loans
According to the recently published data of the Hungarian National Bank for 2024, the total volume of green loans issued to corporate, municipal and retail customers almost reached HUF 1,300...
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Digital preservation in the spirit of the alpha generation
This Easter, many Hungarian settlements are providing excellent examples of how to keep folk traditions that are often hundreds of years old alive and pass them on to younger generations....
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What will 2025 look like – shall we get ready for a flying start?
In March Mesterművek Business Club welcomed its members to a special location in the MOL Tower, the Michelin Guide recommended Virtu restaurant. This article is available for reading in Trade...
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EU directive: next year we will be able to find out how much our colleagues earn
The EU’s Pay Transparency Directive requires member states to comply with the objectives of the new pay transparency directive by 7 June 2026. This means that companies operating in the...
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The 2025 call for applications supporting agricultural NGOs has been published
The Ministry of Agriculture intends to provide assistance to agricultural NGOs in 2025 as well, so that they can receive support for the implementation of their professional projects planned this...
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Further help for livestock keepers affected by foot-and-mouth disease
Minister of Agriculture István Nagy has declared a force majeure situation due to the foot-and-mouth disease virus. This means that farmers do not need to submit a separate certificate with...
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Uzbek Retailer Korzinka Secures Investment Of $110m
Uzbek-based retailer Korzinka has obtained a minority investment of $100 million (€91.3 million) to drive growth across its multichannel retail model in the country. The investment is backed by Abu...
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Starbucks shakes up RTD lineup with energy drinks
The world’s largest coffee chain is seeking a bigger slice of the ready-to-drink beverage category by rolling out a new energy drink lineup that competes with players like Celsius. Starbucks...
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Agricultural subsidies offer opportunities for all producers
Short supply chains strengthen the local economy, food self-sufficiency, contribute to sustainability and help strengthen traditions – said Sándor Farkas, Deputy Minister of Agriculture at the 16th Danube-Tisza Public Agricultural...
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AM: partial payments in the Agro-ecological Program are progressing at a steady pace
A total of 12 billion forints worth of partial payments have been completed for 4,109 applicants in the Agro-ecological Program (AÖP). This means that the affected farmers have received support...
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Kaufland expands marketplace to France and Italy
The Kaufland online marketplace set to be launched in France and Italy from late summer 2025, the company announced. The expansion will increase the number of potential online shoppers reached...
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AM: Government encourages the restart of livestock farming with compensation once the danger has passed
The government’s priority goal is to stop the foot-and-mouth disease virus as soon as possible and to compensate the affected farmers. After the exemption, once the danger has passed, it...
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Hungary remains a recommended investment destination
Hungary’s financial situation is stable, and our country remains a recommended investment destination. Standard and Poor’s, the international credit rating agency, has once again affirmed Hungary’s sovereign debt rating and...
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Trump tariffs will also affect the pharmaceutical industry
Donald Trump’s new tariff plan aims to curb drug imports and revive American manufacturing – but experts say the price could be drug shortages and skyrocketing prices – the article...
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This could be the reason for the dramatic decline in red wine consumption
In recent years, there has been a noticeable decline in red wine consumption worldwide – and not just because of fashion or a change in taste. Analysts certainly agree on...
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Cruel market realities, fading loyalty in the beauty industry
Ten years in the railway industry, fifteen in the beauty industry, yet she doesn’t believe in the label of “female entrepreneur”. According to the founder of Vintage Beauty, small companies...
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NAGISZ Group switches to broiler chickens: a new era begins in domestic poultry farming
Due to bird flu and changed market demands, NAGISZ’s poultry sector is completely transformed – following the 40 billion forint investment, nearly 20 million slaughter chickens will be produced annually...
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Breaking News: Hungarian Gösser Spritz display is two-time POP world champion
Hungarian creativity proves to be competitive and internationally recognized in the point-of-purchase marketing industry. This year, the domestic POP sector can be proud of winning two world championship titles. In...
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Hidden pitfalls of Easter chocolate shopping: 3 warning signs to watch out for
As Easter approaches, store shelves are filled with colorful chocolate bunnies and eggs – and it’s no coincidence that this is the second-largest chocolate-consuming season of the year after Halloween....
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Consumers can find a rich selection of vegetables in the period before Easter
Domestic stores await customers with a rich selection of vegetables, and domestically grown spring onions, radishes and lettuce can also be the jewel of the Easter table. According to the...
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MBH Bank further strengthened its role in agricultural financing
Despite the less favorable market and production environment, MBH Bank further strengthened its role in financing the agricultural sector, with its loan portfolio performing better than the market average in...
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Mondelēz investing $79M in Switzerland Toblerone factory
The snacks maker said the investment will help its goal of becoming the top chocolate company by 2030 and further grow Toblerone within the premium space, Food Dive reported. Mondelēz...
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Romania tightens precautions against foot-and-mouth disease
Due to the spread of the foot-and-mouth disease virus in Europe, Romania has tightened precautions against foot-and-mouth disease, and has, among other things, ordered a ban on the import of...
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Partial payments in the Agro-ecological Program are progressing at a steady pace
A total of 12 billion forints worth of partial payments have been completed for 4,109 applicants in the Agro-ecological Program (AÖP). This means that the affected farmers have received support...
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Hungarian customers are increasingly demanding
With consumer awareness growing, the demand for quality and smaller-packaged ham products is increasing, according to a survey published on Thursday by the National Chamber of Agriculture (NAK) and the...
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The Hungarian horseradish crop is sufficient to serve more than half of the European market.
As Easter approaches, the demand for various grated horseradish products starts to increase exponentially every year. Hungary leads the European Union in horseradish production: the Hungarian crop is sufficient to...
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Mushroom consumption is increasing both in Europe and at home
EU mushroom production has exceeded one million tons, and Hungary is also taking an increasingly large slice of it. Demand is growing, but growers are facing serious challenges, and collectors...
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