Market News
The EPR system has been amended for the benefit of small food producers and primary agricultural producers
The new year has brought simplified administration and a one-time annual EPR payment obligation for small food producers and primary agricultural producers who do not reach the revenue ceiling. Thanks...
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New bee welfare support scheme launched
A new call for applications to develop the ecosystem service capacity of bee colonies has been launched within the framework of the CAP Strategic Plan. Applications for the doubled support,...
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Waterfowl farmers to receive additional support this year
Since the waterfowl sector has faced serious challenges in the recent period due to avian influenza and market conditions, waterfowl farmers participating in the poultry animal welfare program will receive...
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The 860 billion forint development demand in the livestock sector is a good message
This year, those active in the livestock sector have requested 860 billion forints of support for large and small projects, which is a good message because it shows that there...
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Illegal activities may have played a role in the spread of bird flu
The veterinary authority has also experienced failure to keep poultry indoors, illegal keeping and illegal sale of poultry and poultry products during the bird flu epidemic that has been ongoing...
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Germany remains the main agricultural trade partner
Hungary’s agricultural foreign trade was also concentrated and strongly Europe-centric in the period under review: 95 percent of exports were made with European countries. Asia’s share was 3.1 percent, America’s...
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Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease by 12 thousand, while the number of foundings is only 22 thousand, which is the weakest result in the past...
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The GKI business climate index barely changed in December
According to a survey by GKI Economic Research Ltd. – supported by the EU – the business sector’s outlook deteriorated further in December, but consumers became slightly more optimistic. The...
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Festive dishes: bacon kuglóf, bacon cheesecake and New Year’s Eve candied sausage rolls
Often, an unusual ingredient or even the way it is served can turn an ordinary dish into a festive one. In such cases, as Christmas approaches, we also consider what...
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Control over online stores is tightening
The consumer protection authority has already been giving priority to online stores in 2024, and based on the latest announcement by the Minister of National Economy, these inspections will only...
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Dávid Miller: It’s uplifting if we can help
Headphones, clothing and perfumes: Yettel fulfilled the wishes of 1,200 children this year in its joint Christmas campaign with the Baptist Charity. Based on the charity’s experience, the fewest donations...
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STEM-interested Gen Z youth enter the workforce with strong ideas, new research finds
Self-assertion, work environment, financial resources, social relationships, creativity and intellectual stimulation are the main work values that are decisive for Generation Z young people entering STEM careers in choosing their...
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DélKertész: be conscious at Christmas too! – Tips for a vitamin-rich holiday menu
During the Christmas season, food plays a prominent role at family gatherings. Although the emphasis is often on traditional dishes rich in meat, it is important that vegetables also have...
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Plant-based food sales gain momentum in Europe
Sales of plant-based foods have taken off in Europe, and in some countries – the UK, Spain and Germany – plant-based milk alternatives and meat products are already in the...
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Christmas Reimagined: Sustainable and Healthy Holiday Menus
As the holiday season approaches, the Hungarian Dietetic Association’s (MDOSZ) December newsletter focuses on rethinking festive meals to balance health, sustainability, and tradition. The newsletter provides practical tips on meal...
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The support program for the smallest producers continues
Investment support for small agricultural holdings will continue with a budget of almost 30 billion forints, announced Minister of Agriculture István Nagy on his social media page. The Minister added...
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Crisis resistance through AI and ESG
KPMG’s CEO Outlook 2024 survey reflects the views of more than 1,300 global companies, with annual revenues of at least USD 500m. 72% of CEOs are optimistic about global economic...
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Can more than 125,000 people take out a workers’ loan?
The government is revealing more and more details about the workers’ loan. In addition to the conditions and regulations, today we also learned a few things about how much workers’...
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Three-quarters of Hungarians are well-versed in AI, reveals Ipsos global survey
The Ipsos 2024 AI Monitor report provides a comprehensive picture of how people around the world and in Hungary relate to artificial intelligence (AI). While the majority trust that AI...
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Sustainability pays off
The EY 2024 Sustainable Value Study involved 520 sustainability leaders, including 50 Hungarian professionals. This article is available for reading in Trade magazin 2024/12-2025/01 EY’s study highlights: companies that prioritise...
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AI-Generated Ads May Have A Negative Effect On Consumer Perceptions
A new study by NIQ suggests that AI-generated advertisements could ‘dampen consumer perceptions’ about particular brands, with consumers viewing AI-driven ad content as more ‘annoying’, ‘boring’, and ‘confusing’ than traditional...
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Are companies reducing their ecological footprint?
According to the latest data from the K&H Sustainability Index, two priority areas emerge in the sustainability efforts of Hungarian companies: reducing energy consumption and supporting employees to commute to...
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Unilever Sells 100-Year-Old Brands
Unilever has announced that it has received a binding offer from Zwanenberg Food Group to acquire the Unox and Zwan brands. Both brands have been part of the Unilever portfolio...
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Champagne consumption in Germany on the decline
Champagne consumption in Germany has fallen significantly in the last ten years, with 17% less champagne consumed in 2023 than a decade earlier, according to the German Federal Statistical Office....
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Nestlé‘s launches drink that suppresses hunger, promotes GLP-1 production
The Boost pre-meal beverage is the latest offering from the global food giant that taps into the growing popularity of weight-loss drugs. Nestlé’s Boost brand launched a pre-meal drink to...
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Carrefour launches 24/7 express grocery delivery in Dubai
The service offers over 10,000 products. Carrefour, operated by Majid Al Futtaim Retail in the UAE, has launched a 24/7 express grocery delivery service in Dubai. The pilot hub, initially...
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dm is working on online pharmacy launch in Germany
dm will launch its own online pharmacy in Germany in 2025 to sell over-the-counter medicines from the Czech Republic. dm is planning to enter the OTC market with its own...
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The support program for the smallest producers continues
The investment support for small agricultural enterprises will continue with a budget of almost 30 billion forints – announced István Nagy, Minister of Agriculture, on his social media page. The...
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The future of the food industry: 50% of companies aim to implement sustainable solutions – Tetra Pak survey results
Food production continues to rely on energy-intensive processes and fossil fuels, presenting new challenges for producers. The pressure to optimise the production processes of raw materials, energy and water, as...
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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...
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