Market News
The consumer protection authority found serious hygiene and food safety deficiencies in three Budapest shopping centers
The National Trade and Consumer Protection Authority (NKFH) conducted a targeted food safety inspection in the food courts of three shopping centers in the capital, and examined a total of...
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Single applications can still be submitted for a few days
Farmers can submit their single applications for all direct support and rural development titles until June 10, Minister of Agriculture István Nagy pointed out. The Minister reminded that, according to...
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Extinction next door – The destruction of fauna and flora is present in every country
Climate change, pollution, habitat loss: all these factors contribute to the extinction of animal and plant species, which in turn can result in people’s habitats becoming increasingly worse. It is...
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Aldi to support young cancer patients in new tomato-led fundraiser
Aldi is joining forces with Teenage Cancer Trust in a new fundraising campaign aimed at helping young people aged 13–24 who are facing cancer. Starting Monday 2 June, the discounter...
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Nestlé Announces Global Roll-Out Of Sinergity
Food giant Nestlé has announced the global launch of Sinergity, its science-based early-life nutrition product. Sinergity is being launched in markets throughout Latin America and the Middle East, with roll-outs...
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State Secretary of the Ministry of Agriculture: Water retention is the key to drought protection
Water retention may be the key to drought protection, and long-term solutions may require investments lasting for years – said the State Secretary of the Ministry of Agriculture (AM) responsible...
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Artificial intelligence can bring a breakthrough in the more efficient exploitation of agricultural resources
AI can play a role not only in data-based, precision farming, but also in reducing administrative burdens. The National Chamber of Agriculture, the Association of Hungarian Farmer Groups and Cooperatives...
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István Nagy: More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the first quarter of 2025 according to raw data, and was 0.4 percent lower than the same period of the previous...
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Chemical cocktail on your plate: alarming data on the contamination of European food
According to a recent report by the European Food Safety Authority (EFSA), 42% of European food contains pesticide residues, and more and more products have been found to contain multiple...
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GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second consecutive year: by 5.5% in 2023 and by 4% in 2024. Sales decreased both on the domestic and export markets....
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New dynamics in the drugstore market: dm leads, Müller overtakes Rossmann
A major reorganization took place in the top tier of domestic drugstore chains in 2024: dm maintained its leading position, while Müller, which operates with only 34 stores, overtook Rossmann...
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OBTT organized a conference on the present and future of potato production
This year, prominent representatives of the sector discussed current issues of domestic potato production and sales in a large-scale professional conference. On May 30, World Potato Day, a plant that...
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István Nagy: More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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Feel the taste of discovery! – Stühmer Moment Corfu in space and on Earth
A new chapter in the history of Hungarian space exploration is expected to open this weekend, June 8: Tibor Kapu, the next Hungarian astronaut, will set off for the International...
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OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally downgraded its forecasts for global economic growth this year and next, citing increasing uncertainty and complexity in the economic environment....
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The future on a platter: what does sustainable nutrition mean?
Sustainable nutrition is not only an environmental issue, but also a health and economic issue – as revealed in the latest newsletter of the Hungarian Dietitians’ Association (MDOSZ). According to...
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European and global strawberry market: a nuanced picture, with different prospects per region
The situation of the strawberry sector in the spring of 2024 shows significant differences by region: while producers in some countries are closing a strong season, in others, weather extremes,...
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Significant support helps restore the natural water balance of the Dévaványa-Ecsegi heaths
A significant part of the Körös-Maros National Park is wetlands, so it is of outstanding importance that the restoration of the natural water balance of the Dévaványa-Ecsegi heaths is being...
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Intrum: EU AI Act could put Hungarian companies to the test
The European Union’s new Artificial Intelligence (AI) regulation, the “EU AI Act”, which will enter into force in August 2025, could pose significant challenges for Hungarian companies, according to a...
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Rector of the Agricultural University: change is needed in soil cultivation
Hungary is lagging behind enormously in soil cultivation, change is needed, and the application of modern technological solutions cannot be spared – stated the rector of the Hungarian University of...
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The trademark that helps Hungarian businesses
Hungarian Product Nonprofit Kft. has organised an information forum in Univer’s new complex in Kecskemét. This article is available for reading in Trade magazin 2025/5. With the programme the goal...
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Interest in horticultural tenders is high
Horticultural tenders are receiving special attention and great popularity, for which the Ministry of Agriculture would meet the increased needs by reallocating funds – said Szabolcs Szigeti, Deputy State Secretary...
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When a plush toy was worth more than a stock – the lessons of speculative manias
When we hear the word “speculation,” we tend to think of stock markets, cryptocurrencies, or real estate. But in essence, speculation is simply human nature — trying to anticipate what...
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Green pea foreign trade balance is positive
According to KSH data, the green pea harvest in Hungary in 2024 was 38 percent smaller (57 thousand tons) on a 25 percent smaller area than in 2023. According to...
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More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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Willys discounters – The Swedish Kaufland
Willys in Sweden is defending its position as strongest contender in the battle for discount dominance, offering a lean but broader assortment than challenger Lidl. Backed by market analysts Matpriskollen,...
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We must prepare for changes affecting the future of the agricultural sector
Agricultural players must continuously adapt to rapidly changing external circumstances and prepare in time for the new European Union agricultural support cycle starting after 2027, which is expected to contain...
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The Body Shop returns to Belgium and Switzerland
The Body Shop is returning to Belgium and Switzerland, as German businessman Stefan Herzberg has obtained the licences for these countries. The first new stores should open in the coming...
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The EU may soon lift the restrictions imposed on Hungary due to foot-and-mouth disease
In the optimal case, the European Union is expected to lift all restrictions imposed on Hungary due to foot-and-mouth disease within days – emphasized István Nagy, Minister of Agriculture, on...
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