Market News
Sz. Variáns from Debrecen is at the forefront of packaging technology
2024 was an extremely eventful and professionally successful year for Sz.Variánts, as János Szakál, the company’s managing owner, was nominated for the Ernst & Young “Businessman of the Year” award....
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GVH-ÖRT workshop: Focus on preliminary compliance!
The Self-Regulatory Advertising Board (ÖRT) held a workshop for its members on the experiences of the 2024 competition authority procedures in cooperation with the Hungarian Competition Authority (GVH). At the...
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Hungarian pharmacies in a changing situation
The situation of pharmacies in Hungary deserves serious attention, as the sector has been affected by numerous changes in recent years. According to the 2024 report of the Association of...
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K&H: A rain of money is expected, but it doesn’t matter where the money ends up
Over the past five years, the number of SME bank accounts at K&H has increased by nearly 8 percent, to more than 118 thousand. At the financial institution, businesses can...
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Lidl opens its largest logistics hub in Europe
Lidl has opened the doors of its new flagship logistics hub in Ablis, southwest of Paris. Covering 87,000 sqm, it is the largest of its kind in Europe. The new logistics...
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97% Of Portuguese Prefer Physical Stores, 22% Shop Online, Study Finds
Despite 22% of Portuguese consumers now shopping online, physical stores remain overwhelmingly popular, with 97% preferring the channel. A new study by In-Store Media and Nielsen revealed increased spending both...
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Young People Believe Everything AI Says
Almost all Gen Z youths use artificial intelligence (AI), but most of them fail to recognize when AI “hallucinates” and provides incorrect answers, according to a survey conducted by EY,...
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Mattel takes aim at Lego with brick-based building brand
The toy titan plans to introduce its first Mattel Brick Shop product in May and unveil new sets in coming years. Mattel on Tuesday announced that it plans to launch...
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K&H: Despite their stable situation, slight pessimism prevails among Hungarian SMEs
The K&H SME Confidence Index, which shows the outlook for domestic SMEs, returned to its summer state in the last quarter. Based on the research results, it seems that the...
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Free cash withdrawals in stores: why don’t we use them?
More than a year and a half ago, a regulation came into force in Hungary that allows customers to withdraw up to 40,000 forints in cash per month at store...
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In the shadow of bird flu: the Hungarian poultry sector amid restrictions and challenges
The avian influenza epidemic that emerged in Hungary in 2020 still has a significant impact on the domestic poultry sector. The virus has serious consequences not only for the flocks,...
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Lidl reduces egg prices
Lidl Hungary is once again making Hungarian customers happy and starting today, it is reducing the price of one of the most important staple foods: eggs will be cheaper by...
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What makes a breakfast truly nutritious? – Tips for a healthy start to the day
Breakfast is one of the most important meals, which plays a key role in the proper functioning of our body and mind. The Digestive Well-being Program, launched by the Hungarian...
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NGM: public confidence is strengthening, domestic tourism closed a record year in 2024
The number of guest nights spent by foreign guests in Budapest increased significantly, by nearly 20 percent. As a result of the increased desire to travel, the income of accommodation...
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Beetroot is an increasingly popular vegetable among both producers and consumers
The area under beetroot cultivation in our country is increasing year by year, and thanks to the modernization of production, the average yield per hectare is also continuously increasing –...
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No significant change in pear prices
According to preliminary data from the World Apple and Pear Association (WAPA), 1.79 million tons of pears were produced in the European Union in 2024. This quantity is more (+5...
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Digital security is not a luxury, but a basic necessity
Today is World Data Protection Day, an annual event that draws attention to the critical role that data protection plays in the digital world. Modern life is now largely online:...
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We are further strengthening our agricultural relations with France
France is an important ally of our country in order to strengthen the Common Agricultural Policy and preserve its resources – said István Nagy, Minister of Agriculture, who received Jonathan...
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The situation of Hungarian pharmacies: changes in 2024 and challenges in 2025
The Association of Network Pharmacies (HGYSZ) held a comprehensive press conference on the current situation of the domestic pharmacy sector, the experiences of 2024 and the challenges expected for 2025....
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Bird flu hits US egg market: rising prices and empty shelves
The US egg market has been severely affected by the bird flu epidemic that began in 2022, which is causing serious challenges not only for producers but also for consumers....
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Peste des petits ruminants (PPR) has appeared in Hungary
The laboratory of the National Food Chain Safety Authority (Nébih) has detected the presence of the PPR virus in Zala County. The animals were transported to Hungary from a collection...
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Coca-Cola taps into nostalgia with launch of Orange Cream flavor
The beverage, which reaches stores on Feb. 10, was developed following consumer demand. It is expected to remain on shelves until early 2026. Coca-Cola is launching an Orange Cream variety...
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We are further strengthening our agricultural relations with France
France is an important ally of our country in strengthening the Common Agricultural Policy and preserving its resources, said István Nagy, Minister of Agriculture, who received Jonathan Lacôte, Ambassador of...
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Corn producer prices up 30 percent year-on-year
According to Tallage, the spot export price of corn grown in the United States increased to $212/ton (+$4) between December 12 and January 9. In Argentina, the free-on-board (FOB) price...
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Kaufland discontinues fulfillment service
German online marketplace Kaufland is discontinuing Fulfillment by Kaufland (FBK). The service will remain active until February 28, after which stored products will be returned free of charge to the...
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ew financing opportunities serve agricultural enterprises
New financing opportunities serve agricultural enterprises so that they can maintain their competitiveness and access technological solutions that mitigate production difficulties – said the Minister of Agriculture at a press...
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GKI analysis: Don’t let anyone else do the work for you
An often-mentioned element of economic competitiveness is exportability. If a company’s products can be sold abroad at a good price (e.g., products of domestic pharmaceutical manufacturers), this improves the operation...
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Randstad: a magyarországi vállalatok 50 százaléka nettó árbevételének növekedésére számít az idén
50 percent of the Hungarian companies surveyed expect their net sales to increase this year, with two-thirds of those affected expecting a 4-10 percent increase, and 21 percent expecting an...
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Waiting for GDP growth: the Hungarian economy recovering from an uncertain situation
The Hungarian economy is expected to start growing more strongly in the second half of 2025. Equilor Investment Co. forecasts that GDP will grow by 2.2% this year and by...
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Over one billion bottles recycled in six months in Hungary
Hungary’s mandatory deposit return system (DRS), launched six months ago, has already delivered impressive results, with over one billion beverage containers recycled by early January. According to MOHU, the system...
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