Market News
Sándor Farkas: area-based support should remain in the seven-year EU budget after 2028
Date: 2025-03-10 09:00:09
Hungary would like both the currently valid area-based support and the support provided under rural development programmes to remain in the EU budget period after 2028, the Parliamentary State Secretary...
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Viktor Orbán presented the four points of the Hungarian economic strategy
Date: 2025-03-07 14:18:08
Prime Minister Viktor Orbán outlined the four key pillars of Hungary’s economic strategy at the 2025 Economic Opening Ceremony. At the event, the Prime Minister spoke not only about future...
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A turnaround in the economy can already be observed in eight areas
Date: 2025-03-07 12:59:57
Nagy Márton kiemelte, a magyar gazdaságban rövid távon a legnagyobb kihívás az infláció, mert “sosem nyugszik, jön vissza”. Rámutatott, hogy januárban az infláció 5,5 százalék, az élelmiszerinfláció pedig 6 százalék volt,...
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January was surprisingly good for retail
Date: 2025-03-07 12:20:06
Compared to the weak end of the year, retail sales increased by 2.2%, which is a very high monthly change. This can be attributed mostly to the non-food category, as...
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Mihály Varga: economic stability is the most important thing
Date: 2025-03-07 11:50:23
Mihály Varga, the newly appointed Governor of the Hungarian National Bank (MNB), emphasized in his speech at the 2025 Economic Year Opening Ceremony that a disciplined and patient monetary policy...
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New subsidies help dynamically developing Hungarian beef cattle farming
Date: 2025-03-07 11:48:45
Among 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 outstanding,...
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Women leaders shaping the future – increasingly influential in the business world
Date: 2025-03-07 11:45:55
The role of women in the economy is growing stronger year by year, and this is now also confirmed by the numbers; today there are more than a thousand businesses...
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Employing women can significantly increase productivity
Date: 2025-03-07 11:33:23
The 12th edition of PwC’s Women in Work (WiW) report examines gender equality in the workplace across OECD countries. While the findings suggest positive progress, the transformative impact of current...
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Márton Nagy: we are fighting against unjustified price increases and price gougers
Date: 2025-03-07 11:32:47
In order to reduce food prices and take effective action against price gougers, Minister of National Economy Márton Nagy held talks on Thursday and Friday with representatives of the National...
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István Nagy: in recent years we have consciously helped animal keepers in preventing epidemics and animal diseases
Date: 2025-03-07 11:10:52
Food of animal origin placed on the market in Hungary is completely safe and will remain so thanks to strict epidemic control measures, the Minister of Agriculture said in a...
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The ASP situation is worsening in more and more neighboring countries
Date: 2025-03-07 11:00:15
In recent weeks, the Romanian authorities have identified an ASP outbreak in several large pig farms in Timișoara County (Romania), which is close to the Hungarian border. In Croatia, the...
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AM: applications can be submitted for support for complex irrigation development investments
Date: 2025-03-07 10:45:57
The fact that the tender for support for complex irrigation development investments has been opened with a budget of 50 billion forints is a further help for farmers – Zsolt...
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China’s consumer price index fell in February for the first time in over a year
Date: 2025-03-07 10:42:10
China’s consumer price index fell for the first time in more than a year in February, with food prices falling by the most in 13 months. Producer prices also fell...
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Israeli startup applies artificial intelligence to agriculture
Date: 2025-03-07 10:30:05
An Israeli startup called Fermata, which applies artificial intelligence (AI) technology to agriculture, has secured a $10 million investment in its development. The Israeli startup, which is developing a “digital...
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Climate change research group formed at the University of Szeged
Date: 2025-03-07 10:15:02
A group bringing together research on climate change in various scientific fields has been formed at the University of Szeged (SZTE), the public relations directorate of the higher education institution...
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A Hungarian research group has developed a gene editing process for producing new grain varieties
Date: 2025-03-07 10:00:52
The cereal grain research working group of the National Laboratory for Agricultural Biotechnology and Precision Breeding for Food Security has developed a gene editing process for producing economically useful grain...
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BAILEYS DROPS A CREAMY, NON-DAIRY LIQUEUR MADE WITH OAT MILK
Date: 2025-03-07 09:56:46
Coffee and oat milk lovers, rejoice! Meet the newest way to make your next drink order more than a little treat. Baileys, the creator of Original Irish Cream Liqueur, is...
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Exemplary women in Univer’s Capsicum Club
Date: 2025-03-07 09:48:30
Univer Product Zrt. organized a special event on the occasion of Women’s Day on March 4th at the recently opened Capsicum Club. The event addressed important issues such as whether...
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EU Commission gives the green light to Alcohol-Free Organic Wine
Date: 2025-03-07 09:47:24
Organic winemakers will now be allowed to de-alcoholize their wine without losing its organic certification. The EU Commission has decided to amend the EU Organic Regulation accordingly. German Minister of...
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Zsolt Feldman: current developments could determine the future of winemaking for decades
Date: 2025-03-07 09:45:02
The future of Hungarian winemaking could be determined for decades by current developments, producers must adapt to the changes shaping the market in the long term – said the State...
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Nébih: authorities apply the disposal solution with the lowest epidemiological risk when treating foot-and-mouth disease
Date: 2025-03-07 09:37:24
The National Food Chain Safety Authority (Nébih) and local animal health authorities are using the disposal solution with the lowest epidemiological risk, burial, when treating foot-and-mouth disease (FMD), Nébih told...
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Last year, the performance of animal husbandry also expanded dynamically in the EU comparison
Date: 2025-03-07 09:30:35
According to the latest EU data, Hungary produced the fifth highest growth in pig and poultry slaughtering among the European Union member states, and the second highest growth in milk...
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KPMG says energy sector remains optimistic about economic growth
Date: 2025-03-07 09:26:58
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
Date: 2025-03-07 09:18:28
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
Date: 2025-03-07 09:15:11
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
Date: 2025-03-07 09:10:07
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
Date: 2025-03-07 09:04:48
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
Date: 2025-03-07 09:00:28
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
Date: 2025-03-06 13:33:46
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
Date: 2025-03-06 12:38:36
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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