Market News
Hungarian honey and mangalica introduced in Osaka
The presence of premium agricultural products such as honey and mangalica in the Far Eastern markets must be further strengthened, because these could be the breakout points of Hungarian agriculture...
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Price hike on the train to the Adriatic: this is how much dinner on the way to Split costs
In the summer of 2025, we can once again travel by night train to the Croatian coast: from June 19 to September 13, the MÁV Adria InterCity service will operate...
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Record year for fish farms – but we still eat too little fish
The year 2024 was an outstanding success for Hungarian fish production: according to data from the Institute of Agricultural Economics (AKI), more than 22,800 tons of fish were produced in...
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Account holders will receive a refund on purchases made abroad
K&H is re-introducing the so-called cashback offer, which allows those affected to receive a refund after making purchases with foreign bank cards. K&H customers visiting abroad can achieve significant savings:...
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AM: Hungarian-Georgian agricultural relations are reaching a new level
Cooperation in the field of agriculture is particularly important, as Hungary’s experience and innovative solutions can help Georgia in the field of sustainable development and the modernization of the agricultural...
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Secretary of State for Agriculture: the government is doing everything to prevent Ukrainian grain from entering Hungary again
The government is doing everything to prevent Ukrainian grain from entering Hungary again: from entering the market, from polluting our environment and from endangering the health of consumers and livestock...
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Beiersdorf Invests €300m To Expand Polish Production Capacity
German multinational Beiersdorf has invested €300 million to expand its production facility in Poznań, Poland, as part of its efforts to double its capacity to 500 million units annually. The...
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Chamber of Agriculture: Two-thirds of unified applications were submitted by farmers with the help of the chamber this year
The village economists of the National Chamber of Agriculture (NAK) actively participated in the submission of unified applications this year as well, out of 154 thousand applications, 102 thousand were...
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Fresh and crunchy: Supermint grew month-old radishes at the Szarvas Plant Variety Experiment Station
The radish seeds tested in the Supermint spring product test were sown by experts from the National Food Chain Safety Office at the office’s Plant Variety Experiment Station in Szarvas....
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Co-op signs Royal Mail parcel locker deal to boost in-store services
Co-op has become the first convenience retailer to partner with Royal Mail on a new parcel locker rollout, as part of a wider push to offer more community services. The...
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AM: the government provides new resources to increase the sustainability of agriculture
The work of professional organizations and research networks is essential for creating a competitive and sustainable agriculture, therefore the Ministry of Agriculture will renew its cooperation with the Ecological Agricultural...
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Lázár-Ministry launches another wave of store closures
In Hungary, commercial investments have fallen by more than 10 percent, the number of retail stores has decreased by 4,700 in the past year alone, and 400 settlements no longer...
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Price stability is still far away – a price index of 4.3% is expected this year
In May 2025, Hungary’s Central Statistical Office (KSH) reported a 4.4% increase in the consumer price index, indicating that despite governmental interventions, inflation is once again on the rise. While...
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Young people’s consumption habits are changing
New statistics on youth risk behavior in Hungary: the two-decade decline in smoking has halted, alcohol consumption remains stagnant, and the proportion of young people consuming energy drinks has continued...
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The government provides new resources to increase the sustainability of agriculture
The work of professional organizations and research networks is essential for creating a competitive and sustainable agriculture, which is why the Ministry of Agriculture is renewing its cooperation with the...
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How AI-powered search is transforming the job market
In recent years, people’s information-seeking habits have fundamentally changed: more and more individuals are turning to AI-powered tools, where they ask complex, everyday-language questions. Searching is increasingly seen as a...
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GKI Analysis: The financial sector is starved but efficient
As part of our productivity analysis series, following the manufacturing, construction, retail, and ICT sectors, we now examine the financial and insurance sector. In 2023, this sector accounted for an...
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Tragic honey harvest: acacia honey has practically disappeared this year
This season brought the worst acacia honey harvest in the past 2-3 decades. The reasons are complex: the massive winter bee colony loss, the severe frosts preceding the acacia blossoming,...
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BIKE24 streamlined its entire process with SAP S/4HANA Public Cloud
There is a saying among cycling enthusiasts that if you love your bike, then build it yourself, or at least equip it with top-of-the-line components. True enthusiasts equip their favorite...
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Half of Hungarians travel abroad every two years – many still without insurance
Nearly half (44%) of the Hungarian population travels abroad every two years, yet many still do so without travel insurance. Only four in ten (40%) regularly purchase travel insurance, even...
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Credit card in a minute – AI takes banking to a new level
The K&H Bank sees generative artificial intelligence not just as a technological innovation, but as the foundation for more efficient and personalized customer service. Over the past year, the bank...
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These are the 5 most common myths about air conditioners
During the hot summer months, air conditioners once again take center stage in ensuring household comfort. However, there are still many myths surrounding their healthy and energy-efficient use. LG has...
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Many people don’t know: we should pay attention to these foods and drinks in the summer heat
As the summer heat arrives, it is worth “changing” not only your wardrobe, but also your diet. Heat waves can be particularly stressful for the cardiovascular system, so it is...
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Flour, eggs…and a pinch of creativity
This article is available for reading in Trade magazin 2025/6-7. Stagnating prices and stabilising pasta sales – 2024 was like this, according to market players, but they add that this...
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The government is doing everything to prevent Ukrainian grain from entering Hungary again
The government is doing everything to prevent Ukrainian grain from entering Hungary again: from entering the market, from polluting our environment and from endangering the health of consumers and livestock...
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The future has already begun – thoughts on Innovation Day
How will innovations shape the future of retail and the food industry? We searched for answers to this question at the Innovation Day conference held on 15 May at Lurdy...
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Farmers are being helped with subsidies and measures
Without successful agriculture, there is no successful countryside, no secure food supply and no liveable city. Therefore, the government views the players in the sector, especially farmers, as strategic partners,...
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Universal human values and constant low prices in the spotlight
Hungarian-owned, Ajka-based chain Ecofamily is celebrating its 21st anniversary this year. It operates more than 60 stores and an online shop, which are served by two logistics centres. This article...
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The government provides new resources to increase the sustainability of agriculture
The work of professional organizations and research networks is essential for creating a competitive and sustainable agriculture, which is why the Ministry of Agriculture is renewing its cooperation with the...
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Bel Group to discontinue plant-based cheese brand Nurishh
As part of the move, the Saint-Nazaire production site will shut down with around 30 employees likely to be impacted. Bel Group plans to stop selling its plant-based cheese brand...
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