Market News
In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months ago and has become an integral part of everyday life, consumers are returning 5-6 million beverage packaging per day and...
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Company expectations: many employers plan to expand their workforce next year – Profession.hu
Domestic companies are preparing to recruit, and in many places they will also increase the necessary budget and the number of recruiting staff according to their current plans. Professionals primarily...
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Is crisis management really the most important skill in the business world?
In mid-November, at a conference on corporate digitalization, speakers presented case studies to show how the economic life of SMEs is evolving in the face of constantly changing trends, from...
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Zsolt Liptai became the winemaker of the year
The Hungarian Wine Academy (MBA) has awarded Zsolt Liptai, the chief winemaker of the Pannonhalma Archabbey, with the title of Wine Producer of the Year in Hungary 2024, the MBA...
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Small gas stations have taken a breather
Resolute action and mutual negotiation skills were needed to keep hundreds of small gas stations operating. With the help of their professional interest group VOSZ, they were able to convince...
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Tips for avoiding credit card fraud during the holiday season
The Christmas season is all about the joy of shopping, but fraudsters are also more active at this time. In the festive rush, we often buy in a hurry and...
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DélKerTÉSZ: record quantities of Hungarian vegetables in supermarkets
DélKerTÉSZ sold a record volume of Hungarian vegetables to domestic supermarket chains in the first eight months of 2024, and another milestone has also been reached: the Szentes-based producers are...
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Mondelēz Exploring Hershey Acquisition
Mondelēz International is exploring the acquisition of chocolate maker Hershey, Bloomberg News reported, citing people familiar with the matter, in what would create one of the world’s largest confectioners. Mondelēz,...
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Famous YouTube star donated the entire stock of an Edeka store in Berlin to those in need
MrBeast, one of the world’s most famous YouTube stars, has bought the entire stock of an Edeka store in Berlin and donated it to 15 local charity organisations. In his...
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Colruyt seeks expansion through drinks webshop Boir
Belgian retailer Colruyt Group opened a new webshop for drinks called Boir, aimed at an audience that drinks “less, but better” and looks for exclusive alternatives with or without alcohol....
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Anora Group’s expansion in the Baltic region
In order to strengthen its position in the Baltics, premium wine and spirits company Anora Group established Anora Lithuania on 13 November, with the headquarters in Vilnius. This article is...
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Prices rose by 3.7% in November
Following a 3.2% year-on-year increase in October, consumer prices in Hungary rose by an average of 3.7% in November. The latest figure is slightly higher than we expected, but in...
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KSH: in November consumer prices exceeded the same monthly values of the previous year by 3.7 percent
In November, consumer prices exceeded those of a year earlier by an average of 3.7 percent, and those of the previous month by 0.5 percent, the Central Statistical Office (KSH)...
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Lab-grown meat: the future of sustainable food production or a dead end?
In recent years, increasing attention has been paid to laboratory-grown meats, which many believe hold the promise of sustainable food production. However, the innovative solutions raise a number of questions...
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Márton Nagy: the government is keeping inflation low, the emphasis should be on increasing productivity
According to the latest data from the Central Statistical Office, inflation remained at a favorable, permanently low level in November, in line with preliminary government signals and market expectations. In...
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AM: the Szupermenta product test program provides additional information for purchase
The National Food Chain Safety Office (Nébih) Szupermenta product test program provides important additional information for conscious shopping – emphasized Olga Beáta Felkai, Deputy State Secretary responsible for the food...
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European Union launches another Innovation Fund round
A new round of the European Commission’s Innovation Fund is expected to open in November, with more than EUR 3bn in funding for companies to make green investments. This article...
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The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds, compliance with the rules on the identification and tracking of animals is expected. The Hungarian State Treasury carries out the...
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PENNY: committed to domestic values
In 2024 PENNY’s commitment to Hungarian products was particularly strong. This article is available for reading in Trade magazin 2024/12-2025/01 The retailer took three big steps in this direction. It...
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Impossible Foods rolls out family-friendly products in the US
Impossible Foods has added three new products to its offering in the US. This article is available for reading in Trade magazin 2024/11 New products include Lion King Chicken Nugget...
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Serious changes in the company car market – this is how businesses can prepare
According to the bill submitted on October 29, 2024 and already adopted by the government on November 25, the tax burden on company cars will increase significantly in the next...
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EY Magyarország to launch pioneering new service with globally acknowledged managers
EY is launching a new service called AI Confidence, to provide an integrated approach for assisting companies in implementing AI solutions. This article is available for reading in Trade magazin...
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Brits can now have their tea with a special oat drink
Glebe Farm Foods has created a plant-based drink called PureOaty Tea-rrific, which is designed for consumers who prefer to drink tea dairy-free. This article is available for reading in Trade...
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GVH President: “the priority task of the national competition authority is to protect the interests of Hungarian consumers”
Csaba Balázs Rigó gave a presentation at the December meeting of the Borsod-Abaúj-Zemplén County Public Administration College. The President of the Hungarian Competition Authority (GVH) presented the experiences of competition...
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The price of stuffed peppers has increased by 9 percent
According to data from the Central Statistical Office, 90.61 thousand tons of peppers were harvested in Hungary from 1.28 thousand hectares in 2023. The export volume of green peppers decreased...
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Mol and the University of Pannonia have completed a successful consortium project
Mol and Pannon University have concluded a successful consortium project and have signed a three-year cooperation agreement, Mol informed MTI. According to the announcement, Pannon University, Mol and their consortium...
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Dishes made from Hungarian pork should be on the holiday table!
Not only fish dishes are in the spotlight during the holiday season, for example, three times more pork is sold in December than in other months of the year. The...
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Intelligent robots: working for us, with us, instead of us
The exponential growth of the robot economy and technological development represent new opportunities, but also challenges for companies. So-called intelligent robots equipped with artificial intelligence can provide solutions to many...
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Unilever to invest EUR 75m in Nyírbátor
Unilever is bringing the manufacturing of a new product category and global beauty brands to Hungary: Axe, Rexona and Dove aerosol deodorants will soon be made here. The new factory...
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AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...
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