Market News
Sándor Baja: “It is much less important for Hungarian workers what their job actually involves than for their European counterparts”
Trade magazin’s Business Podcast continues Sándor Baja, managing director of Randstad Hungary, Czech Republic and Romania was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This...
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The future of biogas is also our future
The European Union wants to increase the production and use of biogas in the region 10 times by 2030, which also holds opportunities and possibilities for Hungary. Biogas currently represents...
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Two movements, one goal
Veganuary is a global non-profit organisation that started in the UK in January 2014, with the objective of encouraging people to try a vegan diet. It gives practical advice to...
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Haleon Pakistan To Manufacture Centrum Multivitamins
Haleon Pakistan plans to start manufacturing multivitamin brand Centrum in the country for domestic sales and export, its CEO said, as it seeks to boost sales in the country amid...
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Waitrose opens in-store Caffè Nero coffee shops
Waitrose owner the John Lewis Partnership has expanded its collaboration with Caffè Nero by opening coffee shops in select stores across the UK. Early December, five Waitrose stores welcomed the...
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The GVH imposed a fine of 100 million forints on the company distributing GymBeam nutritional supplements
GymBeam communicated deceptively, and therefore a fine of 100 million forints was imposed on the company that distributes nutritional supplements, the Hungarian Competition Authority (GVH) told MTI on Tuesday. The...
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Athletes love the ToTu range
More and more people are aware of the importance of a proper protein intake in staying healthy. The consumption of sufficient amino acids – both in quantity and quality –...
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The weight of the donations that arrived at the Santa Claus Factory exceeded the dream of 50,000 kilograms
All of this is a better result than expected, said Endre Zsolnai, the organizer of the campaign. As he said, the charity event mainly collects non-perishable food. The Santa Factory...
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This year’s coconut parlor candies were tested: here are the best ones
This year, Szupermenta celebrated its 10th anniversary with a seasonal product test focusing on coconut szaloncukor. Experts from the National Food Chain Safety Office (Nébih) examined 19 different products under...
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Mondi completes EUR 90m production plant overhaul in Warsaw
Mondi, a global leader in sustainable packaging and paper, has expanded its plant near Warsaw with a EUR 90m investment. This article is available for reading in Trade magazin 2024/12-2025/01...
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The awards for the excellent Hungarian honey competition of the year were presented.
The results of the varietal honey competition and the best Hungarian honey of the year were announced on Sunday at the 15th Gyula Honey and Honey Cake Festival. The excellent...
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Kifli.hu stably fulfills over two hundred thousand orders per month
Kifli.hu couriers deliver orders to more than 11,000 addresses per day during the peak of this year’s Christmas season. The number of orders placed in the online supermarket rose to...
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Fish on the Christmas table: this is how department store chains are preparing for the holidays
As Christmas approaches, fish dishes are an essential part of the festive table of Hungarian families. As Pénzcentrum wrote, approximately 40% of domestic fish consumption is realized during the festive...
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Consumers have reached the limits of their capacity
In August 2024 RRD came out with its Awareness-to-Action Study – conducted in partnership with Prosper Insights & Analytics – which gathered the views of more than 2,000 US consumers...
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Milk production and processing: from the European Union to the Hungarian Trappist
The European Union’s milk production reached 160.8 million tonnes in 2023, 96% of which was cow’s milk. Germany remains the largest producer, which stands out in the production of drinking...
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K&H: young people must reckon with digital overheads
Families’ digital overheads are so high that a streaming subscription as a gift can be a real Christmas surprise. The question is whether the recipient will be able to maintain...
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KPMG: The 12 (cyber)threats of Christmas
People spend their time preparing for the holidays in many ways. Some people chase after fish, perhaps even catch the fish themselves, while others see it as an opportunity to...
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The power of local products
Auchan Magyarország Kft. was awarded a silver medal for the efforts they made for Hungarian products at this year’s Retail Award of Excellence for Hungarian Products competition. This article is...
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Expensive Christmas menu and gifts in Slovakia: what can you expect this holiday season?
According to the latest data from the Slovak Statistical Office, the cost of this year’s Christmas menu will be 5-6% higher compared to last year. Although overall inflation has slowed...
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How to have a waste-free Christmas
The holidays are approaching, and with them the biggest baking and cooking season of the year, when we sometimes tend to overdo it. We strive to provide every guest with...
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Blue Planet – The catch-up program can give hope to disadvantaged settlements
The catch-up program can give hope to disadvantaged settlements, declared Miklós Vecsei, Prime Minister’s Commissioner and former President János Áder, Chairman of the Board of Trustees of the Blue Planet...
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Vermouth: The Resurgence of Fortified Wine – Agárdi Distillery Joins the Trend
For many, the word vermouth still evokes memories of Hungary’s iconic socialist-era drink, Éva Vermouth, or later popular international brands like Martini and Cinzano. However, this herb-infused fortified wine has...
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Chocolate boxed assortments and educational toys are top of the list this Christmas holiday season
Boxed assortments and educational toys are expected to be the top sellers for the Christmas holiday season this year as consumers become more selective with purchases according to data analytics...
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Yakult to shut factory in China
Yakult plans to move the operations of the Shanghai factory to plants in Wuxi and Tianjin. Japan-based Yakult Honsha is closing a factory in China as part of changes to try...
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Romania’s AuGust Eyes Purchase Of 87 Stores From Ahold Delhaize
Romanian convenience store chain AuGust is negotiating to buy 87 Profi and Mega Image stores from Ahold Delhaize in Romania. The sale of the stores is a requirement placed by Romania’s...
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Most major grocery chains will keep their stores open until noon on December 24th
Most of the large grocery chains will keep their stores open on December 24th, stores will usually wait for customers until 12:00, but there may be exceptions, after which their...
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Viktor Orbán: Economic recovery and historic opportunities for 2025
On Friday morning, Prime Minister Viktor Orbán presented the Hungarian government’s economic goals for 2025 and the potential for a global turnaround in the world on Kossuth Radio. The Prime...
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Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients were celebrated at a prestigious event, highlighting the importance of consumer-friendly practices across all sectors of commerce. At the award...
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KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2 percent, or 3.1 percent adjusted for working day effects, from a year earlier, the Central Statistical Office (KSH) confirmed in...
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Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading provider of hybrid workspace solutions, including the Spaces and Regus brands, looks at the changing nature and frequency of business...
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