Market News
Thanks to developments, the competitiveness of field vegetable production has increased
The pace of development of domestic vegetable growing has not slowed down in recent years, thanks to support schemes and favorable credit opportunities, modern developments have been implemented in the...
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Strong brands bathed in milk
Consumers are used to strong brands in the dairy snack category, and they expect and value the quality guarantees that brands offer. This makes the category more resistant to external...
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NAK working group would launch a survey on the market of exempt products
The National Chamber of Agriculture is launching a complex survey on the market of exempt products. The Market Research subgroup established within the NAK Exempt working group aims to map...
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GKI analysis: Hungarians will receive more than a trillion forints
In recent months, the Premium Hungarian Government Bond (PMÁP) has become one of the most dominant investment instruments in the retail savings market. In a high-inflation environment, investor confidence remains...
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UN Statistical Commission adopts new global indicator to measure diverse diets
The Food and Agriculture Organization of the United Nations (FAO) and the United Nations Children’s Fund (UNICEF) have jointly developed a new Sustainable Development Goal indicator measuring minimum dietary diversity...
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Sándor Demján Program – Is it really effective support for the SME sector or a state crutch?
Hungarian small and medium-sized enterprises (SMEs) play a significant role in the functioning of the economy, employing around 70% of the workforce, while their GDP contribution still lags behind that...
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A global winemaking alliance – introducing The Global AVA international organization
The Livermore Valley Wine Community in California announced the formation of The Global AVA, or the Global Artisan Vintners Alliance, on February 26, 2025. Nine prominent wine regions from around...
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Borsodi Brewery and Hydro Fehérvár AV19 became Sports Marketing Ambassadors of the Year
On Wednesday, March 5, the Sportmarketing Diamond Awards, founded by the Sports Marketing Section of the Hungarian Marketing Association, were presented at the DIGITAL FORUM. The special marketing professional award...
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Useful information and content about foot and mouth disease – in brief
Foot-and-mouth disease, which has already appeared in Hungary, is a highly contagious viral disease that affects even-toed ungulates (such as cattle, pigs, sheep, goats and some game). Although it does...
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NAK- FruitVeB: the competitiveness of greenhouse vegetable production has increased
In recent years, thanks to support schemes and favorable credit opportunities, modern developments have been implemented in the field of greenhouse vegetable production. As a result of the investments, the...
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SPAR Group: growing acceptance for AI in retail
AI is conquering the world of retail and both shoppers and retailers are positive about the benefits it can bring, according to recent survey conducted by the SPAR Group in...
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Cleaning will no longer be a women’s job in 2025, but a shared responsibility
Is cleaning still a woman’s job today? Is this really what society expects? Cleaning technology expert Kärcher conducted research on the occasion of Women’s Day to find out who will...
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World Water Day: a new type of water purifier has been developed in Hungary
The water purifier, which is considered a pioneer in our country and can be simply installed on the tap, was developed for almost a year, and was presented by the...
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Zsolt Feldman: applications for the development of small agricultural enterprises can be submitted again
Applications for the development of small agricultural enterprises can be submitted again from Wednesday – emphasized Zsolt Feldman, the State Secretary for Agriculture and Rural Development of the Ministry of...
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Year of the Snake – expectations of the culinary sector
Chinese astrology expects life-changing events and great transformations in the Year of the Snake, in which it is worth paying attention to hidden opportunities. What is the restaurant world facing...
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István Nagy: 2025 is the year of breakthrough in agriculture
In agriculture, 2025 is the year of breakthrough and opportunities, the largest agricultural and food industry development program since the change of regime is currently being implemented – said István...
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Number of women in employment at record level
Last year, an average of 2 million 155 thousand women of working age were employed, which increased the employment rate of women of working age between 15 and 64 to...
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Nestlé invests in Spanish coffee factory
The investment will support the development of two new packaging lines, which have already started being constructed. Nestlé has unveiled plans to invest roughly €15m ($15.7m) in its factory in...
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Germany’s Cashierless Smart Stores: Slow Start but Rapid Growth
Germany started late to adopt cashierless grocery formats, yet 600 smart stores have emerged in just six years. The Smart Store 24/7 segment is expanding, particularly in rural areas, farm...
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Fertilizer prices fell, sales volume increased
Fertilizer distributors sold 1.39 million tons of fertilizer directly to farmers in 2024. The sales volume exceeded the previous year by 28.9 percent. Fertilizer prices were 24.6 percent lower on...
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European Commission To Abandon Implementation Of Nutri-Score
The European Commission is likely to abandon plans to implement Nutri-Score, the colour-coded, traffic-light nutritional label, across the EU. This was revealed by the French broadcaster Radio France, citing a...
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Aldi automates digital product descriptions with AI
A fast-growing discount grocer is continuing its rollout of artificial intelligence-based enterprise solutions in the U.S. – Chain Store Age reported. Aldi is deploying the Digital Wave Technology generative AI-equipped One...
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The competitiveness of greenhouse vegetable production has increased thanks to developments
The pace of development of domestic greenhouse vegetable production has not slowed down in recent years, thanks to support schemes and favorable credit opportunities, modern developments have been implemented in...
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Sándor Farkas: area-based support should remain in the seven-year EU budget after 2028
Hungary would like both the currently valid area-based support and the support provided under rural development programmes to remain in the EU budget period after 2028, the Parliamentary State Secretary...
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Viktor Orbán presented the four points of the Hungarian economic strategy
Prime Minister Viktor Orbán outlined the four key pillars of Hungary’s economic strategy at the 2025 Economic Opening Ceremony. At the event, the Prime Minister spoke not only about future...
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A turnaround in the economy can already be observed in eight areas
Nagy Márton kiemelte, a magyar gazdaságban rövid távon a legnagyobb kihívás az infláció, mert “sosem nyugszik, jön vissza”. Rámutatott, hogy januárban az infláció 5,5 százalék, az élelmiszerinfláció pedig 6 százalék volt,...
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January was surprisingly good for retail
Compared to the weak end of the year, retail sales increased by 2.2%, which is a very high monthly change. This can be attributed mostly to the non-food category, as...
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Mihály Varga: economic stability is the most important thing
Mihály Varga, the newly appointed Governor of the Hungarian National Bank (MNB), emphasized in his speech at the 2025 Economic Year Opening Ceremony that a disciplined and patient monetary policy...
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New subsidies help dynamically developing Hungarian beef cattle farming
Among the livestock sectors, the beef cattle sector has produced the largest expansion in the past 25 years. In recent years, the demand for breeding animals has also been outstanding,...
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Women leaders shaping the future – increasingly influential in the business world
The role of women in the economy is growing stronger year by year, and this is now also confirmed by the numbers; today there are more than a thousand businesses...
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