Market News
Christmas will be tighter for many
The gross financial assets of the Hungarian population reached 106 thousand billion forints in the third quarter of 2024. The revaluation of investment certificates and listed shares also played a...
Read more
Record high food prices in Hungary: discount chains are the winners of the situation
In recent months, food prices in Hungary have been rising steadily, which is also blatant at the European Union level. In some product areas, price increases of 30-50% were experienced,...
Read more
Hungarian shoppers no longer wait until the last minute to do their Christmas shopping,
Hungarian shoppers are no longer waiting until the last minute to start their Christmas shopping, many start buying gifts in November – shows Etele Plaza’s online research. Most spend 5-10...
Read more
Hungarian SMEs need more information on ESG requirements
A recent research by Billingo has found that 67% of medium-sized businesses are already aware of the ESG basics, while 61% of micro-businesses and 64% of self-employed people don’t have...
Read more
foodora: The biggest order of the year came from a Hungarian user
Food delivered in record time, in less than 4 minutes, a million forints worth of shopping and nearly a thousand orders placed by a single user: several extraordinary results were...
Read more
Unmarked eggs found in a van on the M5 motorway
More than sixty thousand unmarked eggs were seized by the National Tax and Customs Office (NAV) on the Bács-Kiskun County section of the M5 motorway. When the van with a...
Read more
The situation of lentil production in Hungary: challenges and opportunities
In recent years, lentil production has shown a significant decline globally, and in Hungary, production is only carried out on a negligible area. The domestic market’s import dependence is being...
Read more
Christmas rush: MOHU prepares for the holiday season with increased capacity
During the end-of-year holiday season, not only does the gift-buying fever and family preparations intensify, but the amount of returned beverage bottles also increases significantly. To address this, MOHU, a...
Read more
Mandatory indication of origin for nuts and dried fruit from 1 January 2025
From the beginning of 2025 it will be compulsory to indicate the country of origin on the packaging of certain nuts and dried fruit. The new rule will apply to...
Read more
Anikó Raisz: the goal is not to ban plastics, but to promote their safe and sustainable use
The aim is not to ban plastics, but to promote their safe and sustainable use within appropriate frameworks, said Anikó Raisz, the State Secretary for the Environment and Circular Economy,...
Read more
Why is chocolate in Dubai so expensive? It’s revealed!
In recent months, Hungary has also caught the Dubai chocolate fever, which has garnered worldwide attention. But why is it considered a luxury product, and why is it so expensive?...
Read more
Hungarians are also people of solidarity if their lives are made easier
Munipolis, which operates the municipal communication networks, has compiled statistics on socially motivated public notifications. As it turned out, about twice as many messages reflecting sympathy are generated during the...
Read more
The Santa Claus Factory will close its doors soon
The Santa Claus Factory will soon close its doors. Those who would like to donate have until 8:00 p.m. on December 21st to do so. Endre Zsolnai, the organizer of...
Read more
“Christmas Candy of the year in 2024” winners selected
This year was the fifth when the Christmas Candy of the Year competition was organised. Pear Jelly and Muscat by Stühmer in Maklár became Christmas Candy of the Year in...
Read more
The global reform of beekeeping can start from Jászberény
A multi-award-winning Hungarian development, which recently received professional manufacturing backing, has significantly automated one of the basic tasks of beekeepers. The hive frame machine stitches and drills out a hive...
Read more
There is a little scepticism about corporate sustainability
According to the Capgemini Research Institute’s 2024 survey, consumer confidence is still lacking despite the steps firms are taking towards sustainability. This article is available for reading in Trade magazin...
Read more
New law regulates cybersecurity
Yesterday, Parliament adopted a new framework for cybersecurity regulation, the Act on Cybersecurity in Hungary. The legislation also imposes new obligations on the companies concerned, warns international law firm Baker...
Read more
Hungarians expect high prices: inflationary illusions hardly change
In the perceived price level change, the difference between the Hungarian population and the Central Statistical Office (KSH) moved back and forth in the examined period. This article is available for reading...
Read more
Results of the autumn DUIHK survey: no rapid recovery expected
The German-Hungarian Chamber of Commerce and Industry (DUIHK) conducted a survey in mid-November, with the participation of 262 executives from the chamber’s member companies. This article is available for reading...
Read more
Vegetarian cooking training to start in Austria next year
In early 2025 a course for cooks specialising in vegetarian cuisine will be launched in Austria. The plan initially met with strong opposition from industry and employee representatives, who argued...
Read more
Food Labels Should Indicate Whether Products Were Made Using AI, Say Consumers
Some 83% of consumers believe that food labels should state whether said products were made with the help of AI technology, a new survey has found. According to the survey,...
Read more
HungaroControl: Traffic increases by 6 percent during the holidays
According to the preliminary estimate of the Hungarian air navigation service provider, traffic will be 6 percent stronger in the two weeks before Christmas compared to the same period last...
Read more
New Red Bull Winter Edition already available
Red Bull is rolling out a new flavour for the winter season across Hungary: Red Bull Winter Edition Ice Blueberry & Vanilla is available at selected retailers and catering outlets...
Read more
Target launches generative AI gift finder
The Bullseye Gift Finder debuted with a focus on toys and provides shoppers with personalized product recommendations. Target on Friday (December 6) debuted its Bullseye Gift Finder, a generative AI-driven product...
Read more
Kofola ČeskoSlovensko broadens range of soft drinks
The Curiosa range includes orange, apple, multivitamin and strawberry varieties. Czech soft drinks producer Kofola ČeskoSlovensko has expanded its range to include fruit juices and iced teas. The company has...
Read more
Animal welfare support for the small ruminant sector has been published
The Ministry of Agriculture has announced its new call for applications aimed at improving the animal welfare conditions of domestic small ruminant herds within the framework of the Common Agricultural...
Read more
These will be the best Christmas gifts of 2024 on eMAG
As the holiday season approaches, eMAG has revealed this year’s most popular products, offering insight into what shoppers are adding to their carts. The latest data shows that practical and...
Read more
The new publication of the Hungarian Institute of Industrial Economics, supporting SMEs, focuses on the circular economy
Environmental problems related to industrial production and waste management are one of the biggest challenges on our planet: in Europe we produce 2.2 billion tons of waste per year, but...
Read more
K&H: young people spend an average of 49 thousand forints on Christmas gifts
Similar to previous years, 84 percent of young people plan to buy gifts this year, spending an average of 49 thousand forints on them, compared to 40 thousand forints last...
Read more
Mihály Varga: the central bank’s primary goal is to maintain price stability
The primary goal of the Hungarian National Bank (MNB) is to achieve and maintain price stability, Finance Minister Mihály Varga stated in his hearing for the candidate for governor of...
Read more