Market News
KPMG says energy sector remains optimistic about economic growth
Geopolitics was the biggest challenge facing the energy sector last year. 55 percent of CEOs ranked it first, ahead of economic uncertainty and the competitive environment caused by Gen AI,...
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Danish market leader enters Baltics after acquisition
Salling Group is acquiring 314 Rimi supermarkets in Estonia, Latvia and Lithuania from Sweden’s ICA Gruppen – Retail Detail reports. This will make the Danish retailer the number two in...
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István Nagy: the government significantly supports the renewal of agriculture
The government significantly supports the renewal of agriculture, and that the workers in the sector can meet the challenges of the new era – emphasized István Nagy, Minister of Agriculture,...
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Hungary’s most comprehensive Generation Z research published
The Gen Z Report, Hungary’s most comprehensive research on Generation Z to date, was published in professional cooperation between Diverzum, Quantum Digital Student Cooperative, Steigervald Krisztián (SteiGen) and PwC. The...
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Intersnack Hungary will ship its new snack from Győr to thirty countries
The manufacturer of Chio products has started making its new potato-based snack at its Győr plant. The so-called oven chips production line cost 8 billion forints, and this oven will...
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Foot-and-mouth disease has appeared in Hungary
The laboratory of the National Food Chain Safety Authority (Nébih) has identified the foot-and-mouth disease (FMD) virus on a cattle farm in Kisbajcs. The national chief veterinarian ordered immediate official...
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Hungarian Central Statistical Office: retail turnover in January exceeded the same period of the previous year by 4.7 percent and the previous month by 2.2 percent
In January 2025, the volume of retail trade turnover, both in raw and calendar-adjusted data, exceeded the same period of the previous year by 4.7 percent. The volume of sales...
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The Hungarian National Trade Association takes action against food inflation
Without the cooperation of food manufacturing and supplying companies, the retail sector cannot significantly influence inflationary trends, which is why they are rejecting the price increase initiatives currently announced by...
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NGM: retail turnover took off in January
According to the data of the Central Statistical Office (KSH) adjusted for calendar effects, the volume of retail trade increased by 4.7 percent in January compared to the same period...
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Gastro-marketing going green and Gen Z
There were 70 participants at the marketing conference of the HoReCa and Event & Green Chapter of the Hungarian Marketing Association (MMSZ), which was organised at the METRO Gastro Academy...
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NGM: weak German economy limits domestic industry’s performance
The competitiveness problems of the European Union and the economic crisis in Germany are limiting the export-driven Hungarian economy, including the performance of industry. The government aims to increase economic...
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KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by 3.9 percent compared to a year earlier. The index adjusted for working days is the same as the unadjusted one....
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Intersnack Hungary Ltd. implemented a capacity expansion of 8 billion forints
Intersnack Hungary Ltd. handed over an eight billion forint capacity-increasing investment, implemented by its own efforts, at its Győr plant on Thursday. Dénes Lukács, the company’s managing director, said that...
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András Tállai: The food industry has been able to move forward every year except 2023
The food industry has been able to advance every year except 2023, but last year it returned to the growth path; while in 2024 the Hungarian GDP grew by 0.5...
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Ideally, invoicing will be done by machines in the future
Balázs Ángyán, the CEO of Számlázz.hu, which serves 800,000 businesses and is 20 years old this year, was one of the participants in the “FutureBIZ – the first business futures...
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MBH: Irrigation development subsidies could increase income by 80-100 billion forints per year
Irrigation development investments financed from the common agricultural policy could increase the income-generating capacity of arable crop production by 80-100 billion forints per year, said Dávid Hollósi, director of MBH...
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Solution to curb product loss
French company Groupement Les Mousquetaires, which represents brands such as Intermarché, Netto and Bricomarché, is introducing an AI-based solution to fight fraud at self-checkouts. This article is available for reading...
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New subsidies help the dynamically developing Hungarian beef cattle sector
Of all 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...
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What does 2025 hold for the Hungarian population?
NMS Hungary’s representative survey of 520 people asked the Hungarian population about their expectations for 2025. 62% of respondents aren’t satisfied with their current financial situation. This article is available...
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Denmark’s Salling Group To Highlight European Products In Stores
Danish retailer Salling Group will highlight European products in its stores with a special ‘black star’ label on electronic price tags starting in March. The new label, to be launched...
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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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K&H: many people still don’t look around for the mandatory ones
Although the majority of middle-aged car owners are open to finding the best deals, many still do not look around at other insurers – this is revealed, among other things,...
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Support helps develop crop storage facilities, cleaners and seed plants
Calls for proposals for the development of crop storage facilities, cleaners and seed plants have been published within the framework of the Common Agricultural Policy Strategic Plan. Based on the...
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Coca-Cola launches new 0.85 litre bottle in Germany
Coca-Cola is launching a new PET bottle size in Germany for the first time in 17 years. The new 0.85-litre bottle will be available from April, and the company mainly...
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Amazon adds new grocery tools to Alexa
Alexa+ can order groceries from Amazon Fresh and Whole Foods Market, track purchase history, and remember recipes and dietary preferences – Grocery Dive reported. Amazon is looking to its Alexa...
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Agrometeorology: Further abundant rainfall would be needed for optimal vegetation development
Further abundant rainfall would be needed for optimal vegetation development, as the soil was not fully replenished with moisture in most parts of the country during the winter, but there...
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New customer trends: we rely on influencers and social media
Not only are social platforms playing a bigger role than ever in shopping, but artificial intelligence has also disrupted consumer habits. Thanks to technological advancements, our shopping habits have changed,...
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GVH welcomes the voluntary price reduction
Voluntary price reductions are good for families and stimulate competition, the Hungarian Competition Authority (GVH) said in a statement on Wednesday. According to the information, the GVH is monitoring the...
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The popularity of franchise businesses is growing in Hungary
Economic uncertainty is driving the popularity of franchises in Hungary. According to the Hungarian Franchise Association, there is currently a high level of interest in systems for Pilates studios, fast...
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The average amount of personal loans has exceeded the 3 million forint mark
The average amount of personal loans planned by loan applicants has increased by over 50 percent in two years. But what could be behind the drastic increase? The statistics of...
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