Market News
LEGO is building its own video game development division – a new era begins
LEGO is opening a new chapter in its video game strategy: the company announced that it will strengthen its own development team and reduce its dependence on external partners. With...
Read more
NAV inspections in spring: these businesses may be targeted
The National Tax and Customs Administration (NAV) will continue its targeted inspections in the spring of 2025, focusing primarily on catering establishments, solariums, garden centers, butcher shops, fruit and vegetable...
Read more
Many applications for farmers and the payment of agricultural subsidies is being completed at a good pace
The payment of agricultural subsidies is progressing faster than last year, and area-based subsidies are arriving at farmers at a steady pace. After the 2024 unified applications, the Hungarian State...
Read more
Csaba Balázs Rigó: the temporary application of the margin stop serves the interests of the Hungarian people
The President of the Hungarian Competition Authority (GVH) firmly believes that the temporary application of the margin freeze for a specific period serves the interests of Hungarian people – primarily...
Read more
Gift ideas from AI
Just before Christmas Target’s generative AI-powered Bullseye Gift Finder made its debut in the US. This article is available for reading in Trade magazin 2025/2-3 Available on the app and...
Read more
Margin stop: Exaggeration or necessary step? OKSZ’s criticism of the government’s measures
The government’s margin freeze has sparked another controversy in the food retail sector. The measure aims to prevent unreasonably high margins on basic foodstuffs, but according to the National Trade...
Read more
Plant-based products can substitute meat, eggs and milk for a more sustainable future
A growing number of people are choosing plant-based products instead of conventional foods, which not only has health benefits but also environmental advantages. This article is available for reading in...
Read more
Measures taken regarding foot-and-mouth disease are effective
Hungarian disease control measures against the foot-and-mouth disease virus are effective, therefore EU countries can lift import restrictions on our country, said István Nagy. The Minister of Agriculture added that...
Read more
Donald Trump has threatened heavy tariffs on alcohol products from the European Union in response to the EU’s announced tariffs on American whiskey
US President Donald Trump threatened to impose heavy tariffs on alcohol products exported from the European Union to the United States on Thursday in response to the European Union’s tariffs...
Read more
AM: measures taken in connection with foot-and-mouth disease are effective
Hungarian disease control measures in connection with the foot-and-mouth disease virus are effective, therefore EU countries can lift import restrictions against Hungary. According to the European Commission’s implementing decision, an...
Read more
Scandalous results of Dubai chocolates: most of the chocolates failed due to health risks
German food inspection authorities have uncovered serious problems in testing chocolates from Dubai. In tests carried out in North Rhine-Westphalia, 96 percent of products from foreign countries failed, but even...
Read more
The rabbit meat market: international trends and domestic challenges
Rabbit meat is one of the healthiest sources of protein, as it is low in fat, high in protein and easy to digest. Despite this, its consumption in Hungary is...
Read more
The new green loan comes with favorable terms
K&H will launch a new green home loan on the market from April, the financial institution announced. Including the discounts, the interest rate can be as low as 5 percent...
Read more
Pálinka distilleries must thrive in a shrinking market
Hungarian pálinka distilleries are finding themselves in an increasingly difficult situation as the market continues to shrink. According to Mónika Czakó, CEO of Bestillo Pálinkaház, pálinka sales peaked in the...
Read more
Research program to help predict crop yields and identify plant diseases launched at SZTE
The project, which was launched at the University of Szeged (SZTE) with the support of the Advanced research grant of the National Research, Development and Innovation Office (NKFIH), uses spatial...
Read more
The Nutriment Company buys German pet-food business BAF
Acquisitive pet-food group The Nutriment Company has acquired BAF Petfood from German peer Fressnapf. The financial terms of the transaction were not disclosed. In a statement, Sweden-based The Nutriment Company...
Read more
SZTE and MOON42 RDI develop carbon dioxide absorption capacity calculation system
The University of Szeged (SZTE) and MOON42 RDI Ltd. are developing a remote sensing-based carbon dioxide absorption capacity calculation system that can be used in the trading of carbon credits,...
Read more
Nearly 80% Of Spanish Consumers Believe Own-Brand Quality Has Improved, Aldi Says
Nearly four-fifths (80%) of Spanish consumers believe that the quality of own-brand products has seen considerable improvement in recent years, a new study has revealed. In terms of prices, own-brand...
Read more
Carrefour Polska Launches New Pricing Policy For Essential Products
Carrefour Polska has initiated a new strategy, effective from March, to ensure that the prices of over 500 essential products match the lowest prices in major competing retail chains. Part...
Read more
New applications have been published in the spirit of sustainable agriculture
European and Hungarian agricultural production practices are determined by EU green regulations – emphasized Zsolt Feldman, State Secretary for Agriculture and Rural Development, on Thursday, at a conference organized by...
Read more
What impact could the margin freeze have? Will there be enough money to pay employees’ wages?
The government announced that from mid-March, the margins on thirty basic foodstuffs will not exceed 10 percent. The decision could affect up to a third of the turnover of large...
Read more
This is how store margins are changing now that the government has decided
The government announced that it would limit the margins on thirty basic foodstuffs, after the latest data from the Central Statistical Office (KSH) showed that food inflation in February was...
Read more
myPOS acquires IQOM, helping to spread digital payment innovation
IQOM, a leading provider of digital payment solutions in Hungary – and the former official reseller of myPOS – is proud to announce the acquisition by myPOS, one of the...
Read more
The European Commission’s agriculture and food roadmap guarantees EU food security
The European Commission’s agriculture and food roadmap adopted in February will ensure the EU’s food security and sovereignty, said EU Commissioner for Agriculture and Food Safety Christophe Hansen in Strasbourg...
Read more
The profitability of corn production also depends on the selection of hybrids and tillage
The success of Hungarian corn growers largely depends on the quantity and quality of the crop yield, which is influenced by the selection of the right hybrid and the correct...
Read more
Kifli customers bought 40 percent more meat in one year
The demand for fish is constantly increasing, with the turnover of this category expanding by 27 percent in the past year, while sales of poultry and beef increased by nearly...
Read more
Margin cap and information: the government will decide based on the experience of inspections
According to the Government Information Center, no decision has yet been made on whether mandatory information about the margin cap should be displayed in stores. The authorities will determine whether...
Read more
Linux use for 25 years
Clean Center Kft. is celebrating 25 years of Linux-based system use this year, and it was also two and half decades ago that they introduced an in-house developed ERP system....
Read more
New AI-based design tool
Alibaba International has launched Pic Copilot, an AI-based e-commerce design tool developed specifically for small and medium-sized businesses. This article is available for reading in Trade magazin 2025/2-3 The tool...
Read more
Plant-based brands can’t compete without offering taste and quality
Ian Hepburn, marketing director of Flora Food Group has told in an interview: plant-based brands need to focus on taste and quality, otherwise they risk appealing to just a small...
Read more