Market News
A productive and self-sufficient agriculture is needed
The meat industry plays an important role in the Hungarian economy, and the government also pays special attention to the support and development of the sector, said Dr. Márton Nobilis,...
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Prestigious awards for Trade magazin
Trade magazine was showered with awards at the end of January. It was the first time that we participated in the “Széchenyi Enterprise of the Year 2022” contest, and our...
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Wreath-laying at the memorial plaque
Last May the Guild of Hungarian Restaurateurs (MVI) commemorated the birthday of János Gundel at the memorial plaque, which had been erected in June 2016. At the wreath-laying ceremony MVI...
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Alpár Gyopáros: many convenience stores were saved in the Hungarian village program
Since the start of the Hungarian village program, the government has provided more than HUF 1,000 billion in development resources to small settlements in Hungary, mainly from domestic budget resources,...
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Road to zero waste: March 30 is the International World Waste Prevention Day
The United Nations Environment Program (UNEP) has declared March 30 as the International Day for Waste Prevention, which will be held annually from 2023. The Humus Association welcomes the decision...
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New, limited edition flavour from Coca-Cola
This year’s first Coca-Cola Creations campaign combines the musical world of Spanish singer Rosalía and the company’s new soft drink, Coca-Cola Movement, which offers the taste of Coca-Cola Zero Sugar...
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ALDI donates clothes and textiles
In its latest charity programme, ALDI Magyarország partnered with the Hungarian Red Cross to donate textile products and clothes to poor families. ALDI’s donation represented a value of HUF 65m,...
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Sales increase, but smaller profit for Henkel
ales by the Henkel Group reached EUR 22.397bn in the 2022 fiscal year. This corresponds to a nominal growth of 11.6% and to a significant organic sales growth of 8.8%....
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DOROTI PACK becomes exclusive distribution partner of G. Mondini
DOROTI PACK Kft. is proud to announce that the company has become the exclusive Hungarian distribution partner of G. Mondini S.p.a. The Italian company is the world leader in portioning...
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The presence of the plant pathogenic bacterium Ralstonia pseudosolanacearum was confirmed in our country
Three counties in Hungary are currently affected: Hajdú-Bihar, Jász-Nagykun-Szolnok and Zala, in relation to the plant-dangerous pathogen identified for the first time in Europe in 2015. Clarifying the origin of...
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Interpack in May
In 2023 packaging trade show Interpack will be organised between 4 and 10 May. About 2,700 companies from all over the world will showcase their products and services in 18...
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According to experts, corn production can be profitable again this year
The events of the past year have made many domestic corn producers uncertain, while experts draw attention to the fact that this year, thanks to the already wetter weather, the...
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Italy to ban production of cell-based food production
Italy is moving to ban the country’s food industry from producing cell-based foods in a bid to “protect culinary heritage.” The draft bill was approved by the Italian government and...
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The government and the Ministry of Agriculture provide the foundations for future agricultural professionals
The knowledge acquired in the field of agriculture always provides a solid foundation and a good livelihood at all times. Because you always have to eat and the raw materials...
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Negotiation for the success of domestic agricultural machinery manufacturers and distributors
The key to successful domestic agriculture is modernization, which is essential not only from an economic point of view, but also from an environmental and social point of view, said...
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Tesco redesigns iconic logo as part of unique Easter egg hunt
Tesco is celebrating this Easter by giving its iconic logo an egg-themed makeover supported by a £100k giveaway. As part of the re-design, a cracked egg has been added to...
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Christoph Waltz gives self-care tips with spaghetti and facial care
What can a piece of furniture waiting to be assembled, a suitcase full of clothes, a morning facial routine and a bowl of spaghetti with tomatoes have in common? All...
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Coca-Cola And Ferrero Collaborate For Tic Tac Sprite
Ferrero and the Coca-Cola company have teamed up to launch a new product, Tic Tac Sprite, according to media reports. The new product has been launched in France this week, and...
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Transylvanian farmers demonstrated, pouring milk into a digestion pit
Members of the Transylvanian milk producers’ association held a demonstration on Wednesday; they poured a tanker truck’s worth of milk into a digestion pit, in protest of the fact that...
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The new Randstad Work Monitor is here: a secure workplace and flexibility are both important
According to Randstad’s latest Workmonitor survey of 35,000 workers in 34 markets, the current economic uncertainty has opened up a new dimension in terms of employee priorities and expectations. Employees...
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Hungarian Confectionery Manufacturers Association: neither chocolate bunnies nor chocolate eggs will be cheaper
“War, crisis here or there, people always love chocolate,” said Dr. Róbert Török, director of the Hungarian Trade and Catering Museum, at the press conference of the Association of Hungarian...
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A drop of 0.5 percent and inflation of 19 percent are expected this year
In 2022, Hungary entered a technical recession, faced serious balance problems, and became very isolated internationally. The Russian-Ukrainian war, the related energy crisis (security of supply and prices), and the...
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NAV’s audit plans for 2023 – the tax authority is going after the market
The tax authority recently published its audit plan for 2023, which shows that the tax authority quickly adapted to market changes. While the focus of the inspections is again this...
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An important deadline is approaching for companies: the transfer price documentation must be prepared by May 31
In Hungary, roughly 15,000 to 20,000 companies are affected by the transfer pricing documentation obligation, i.e. the rules for recording transactions between affiliated companies. The professional preparation of transfer price...
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No business without nature
We are constantly using up and losing our natural resources. The net zero targets set by governments and businesses to cover 70% of the global economy cannot be achieved without...
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On the long weekend of May 1, MKB Bank and Takarékbank will merge, this is what customers need to know about the transition
On April 30, with the legal merger of MKB Bank Nyrt. and Takarékbank Zrt., the nearly three-year merger process within the framework of Magyar Bankholding, which aims to create Hungary’s...
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UBM Holding Nyrt closed a successful half year
UBM Holding Nyrt. closed a successful half-year, achieving the highest 6-month sales revenue and profit after tax in the history of the company group. Compared to a year earlier, its...
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AKI: producer prices for wheat and corn decreased compared to last year
The prices of food wheat, feed wheat and feed corn in Hungary have decreased significantly compared to last year, but none of them have yet reached the level of 2021...
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Mars Petcare launch trio of new Pedigree multivitamins in the UK
Mars Petcare is debuting into the supplements category with the launch of a trio of new Pedigree multivitamins. Available now, each soft chew supplement contains 100% natural chicken, at least...
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Continente Combats Food Waste With New Apple Cider Vinegar
Portuguese retailer Continente has launched a new own-brand apple cider vinegar SKU, made from apples that do not meet traditional aesthetic standards. The first batch yielded 30,000 litres of vinegar...
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