Market News
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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NGM: retail turnover took off in January
Date: 2025-03-06 12:21:13
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
Date: 2025-03-06 11:45:03
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
Date: 2025-03-06 11:40:58
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
Date: 2025-03-06 11:34:19
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
Date: 2025-03-06 11:33:58
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
Date: 2025-03-06 11:18:04
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
Date: 2025-03-06 11:06:18
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
Date: 2025-03-06 11:00:43
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
Date: 2025-03-06 10:52:52
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
Date: 2025-03-06 10:30:28
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?
Date: 2025-03-06 10:10:38
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
Date: 2025-03-06 10:00:20
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
Date: 2025-03-06 10:00:00
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
Date: 2025-03-06 09:30:20
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
Date: 2025-03-06 09:30:15
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
Date: 2025-03-06 09:19:03
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
Date: 2025-03-06 09:14:55
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
Date: 2025-03-06 09:00:20
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
Date: 2025-03-05 13:54:33
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
Date: 2025-03-05 13:06:27
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
Date: 2025-03-05 11:26:54
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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