Market News
Total value of global corporate transactions to grow by 5% in 2024
Although the number of deals fell by 17%, the increase in large-value corporate acquisitions clearly indicates a recovery in the transaction (M&A) market, according to the PwC Global M&A Industry...
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Applications can be submitted to support complex irrigation development investments
Farmers are a further help that the tender for the support of complex irrigation development investments has been opened with a $ 50 billion framework, said Zsolt Feldman, State Secretary...
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The future of artificial intelligence: efficiency and entertainment
According to the Ipsos AI Monitor 2024 report, 75% of Hungarians already understand what artificial intelligence (AI) is, more than the global average of 67%. However, when asked more specifically...
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MBH Bank: The prospects of agriculture have improved
Agricultural prospects have improved compared to last year, mainly based on rural development support for investment, the MBH Bank Agricultural Center said in a press conference in Budapest on Wednesday....
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HR trends 2025: less HO, more AI, ESG falling apart
SAP SuccessFactors HR researchers have summarized and organized the shifts in emphasis in HR in 2024 and the trends expected in 2025. AI is leading the way and is expected...
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K&H’s digital financial assistant is a great help when shopping
You no longer have to get up from your chair to go to your bag and find out all the important details of your physical bank card: Kate, K&H’s digital...
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There are many new opportunities in agriculture
New calls for agriculture and rural development are also served to improve profitability and increase efficiency and adaptability to the changed climate, said the State Secretary for Agriculture and Rural...
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K&H sustainability index: carbon neutrality is still a distant goal
According to K&H Bank’s latest sustainability index, Hungarian companies are still lagging behind when it comes to achieving carbon neutrality targets: 86% of businesses neither measure nor plan to measure...
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The number of registered job seekers decreased by 3,000 in February
According to data from the National Employment Service, in February 2025, only 232,348 people were unemployed, which is a decrease of more than 3,000 people compared to the same period...
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Horseradish price increased more than one and a half times in a year
According to the Central Statistical Office (KSH), the volume of horseradish exports in Hungary increased by 13 percent to 9,500 tons and its value by 20 percent to 5.6 billion...
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There is no food safety without support for farmers
In order to maintain the European Union’s food safety, it is crucial to preserve farmers’ subsidies, said István Nagy, Minister of Agriculture, who was consulted with Czesław Siekierski on Wednesday,...
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The feed corn is more expensive
According to Tallage, the instant export price of the US produced in the US increased to $ 225/tonne (+13 dollars) between January 9 and February 7. In Argentina, the price...
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Bonduelle Launches New Ready-To-Eat Lunch Bowls Aimed At Gen Z
Bonduelle, a leading name in plant-based products, has introduced its new range of ready-to-eat meals in the United States under the Lunch Bowls banner, marking a development in the company’s...
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More than 130 organisations call for EU Action Plan for Plant-based Foods by 2026
More than 130 groups representing farmers, health professionals, consumers, animal welfare and environmental interests have written a letter to European Commissioner for Agriculture and Food, Christophe Hansen, urging him to...
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Carrefour launches new convenience store concept in French stations
Carrefour has signed an agreement to provide 45 metro stations around Paris with a new concept of convenience stores, focused on commuters. The plan could involve up to 136 spaces in the...
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The conclusion of tobacco-growing contracts at ULT started at the end of February
At the end of February, the Universal Leaf Tobacco (ULT) Magyarország Kft. Started this year’s tobacco cultivation contracts, said the agronomic director of the US -owned company on integration and...
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These changing consumer trends can be expected in 2025
After a year overshadowed by wars, pandemics and economic difficulties, in 2025 creative solutions will seek a balance between the digital and the real world – says the annual trend...
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AI and social media have revolutionized shopping habits
As technology advances, consumer behavior has also changed significantly, with artificial intelligence (AI) and social platforms playing an increasingly important role in making purchasing decisions. According to a recent report...
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The KSZGYSZ awarded companies and individuals with outstanding achievements in the field of the Hungarian environmental industry
After a year overshadowed by wars, pandemics and economic difficulties, in 2025 creative solutions will seek a balance between the digital and the real world – says the annual trend...
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Another intervention in the food market is possible: the government would reduce inflation by restricting profits
At last Thursday’s government briefing, Gergely Gulyás suggested that the government might attempt to curb food inflation through another market intervention: profit restrictions. However, the minister emphasized that no concrete...
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Drastic increase in egg prices in Hungary: why do we pay so much for eggs?
In recent years, we have witnessed a drastic increase in Hungarian egg prices, and at the beginning of 2025 there is still no clear sign of relief. While in January...
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Amazing price hike on the dairy product market – more and more people may turn to imports
According to the Hungarian Central Statistical Office (KSH), dairy products have become one of the most significant factors in food inflation. Dairy products account for more than 10% of KSH’s...
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World Obesity Day: Women are more affected by social stigma associated with being overweight
Obesity, now recognized as a chronic disease, is proven to be associated with an increased risk of developing nearly 200 complications, such as cardiovascular problems, diabetes, and cancer, experts warned...
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Hungarian potato production has declined significantly
Potato production and consumption in Hungary have decreased drastically in recent decades. The previously 15,000 hectares of cultivated area now only covers 6,000 hectares, and the amount produced does not...
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Wine market changes: declining consumption, challenges and opportunities
In recent years, there has been a significant transformation in the domestic and international wine market. In particular, the demand for red wines has decreased drastically, while the popularity of...
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The future of retail: cashierless stores and the spread of automation
Retail is increasingly moving towards automation and digitalization, but will the era of cashier-free stores come? According to Gábor Kende, CEO of Kende Retail, cashier-free technology is not only more...
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Winning steps in the world of Hungarian brands
In 2024 the MagyarBrands Programme assessed the business performance of thousands of brands for the fifteenth time, to find the exceptional ones relying on its complex selection system: this time...
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Producer prices of slaughter cattle are also rising in the EU
According to AKI slaughter statistics, in January 2025, cattle slaughter in Hungary increased by 27.8 percent in live weight compared to January 2024. Cows, which account for more than two-thirds...
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GREEN BRANDS 2024 – sustainability awards for a green future
The GREEN BRANDS 2024 regional gala, held in Vienna’s historic Niederösterreich Palais in December, celebrated the best representatives of sustainability. Sustainability excellence from Hungary, Austria, the Czech Republic and Slovakia...
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Six out of ten employers plan to raise wages by 2025, but at a lower rate than last year
Similar to previous years, the majority of companies implemented the promised wage increases in 2024, and in fact, more companies increased their salaries than they had originally planned. However, the...
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