Market News
Rising raw milk and cereal prices
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 200.93/kg in December 2024. This article is available for reading in Trade magazin...
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GKI business confidence index sinks to a 19-month low
In the first month of 2025 the slightly negative trend continued: according to the EU-supported survey of GKI Gazdaságkutató Zrt., the business and consumer outlooks worsened compared to December –...
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Green communication only creates advantage if used the right way
At the end of January Hungarian Product Nonprofit Kft. hosted an educational forum, titled “Credibility in sustainability”, as part of the EduTime programme series. Hungarian Product’s goal is to pass...
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Learning done differently!
We all know that our life is one big learning process. It never ends and it doesn’t matter how old we are, we need to educate ourselves and remain open...
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A broad dialogue has been launched on the collection and processing of animal by-products
At the initiative of the National Chamber of Agriculture (NAK), with the involvement of the Ministry of Agriculture and the National Food Chain Safety Office (Nébih), a professional consultation was...
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Nébih: From 2025, food chain supervision fee returns must be submitted to the National Tax and Customs Administration
The 2025 food chain supervision fee returns must now be submitted to the National Tax and Customs Office, the National Food Chain Safety Office (Nébih) told MTI on Thursday. Detailed...
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The Agricultural Museum’s carnival programs are about sustainable nutrition.
The Agricultural Museum’s carnival program Little Farmers, Big Adventures aims to introduce children to sustainable lifestyles and nutrition, where children can experience how our various foods are prepared, what a...
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Fidelity Analyst Survey: China – where should investors look amid changes?
China faces a number of economic challenges – a struggling housing market, persistent deflationary risks, weak consumer demand and even the US looking to raise tariffs. But Fidelity International analysts...
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This year’s Most Inspiring Leader of the Year Award went to Richter’s leader
Based on the opinions of 252 Hungarian CEOs, PwC Hungary has awarded the Most Inspiring Leader of the Year Award for the third time. The award recognizes a Hungarian CEO...
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Bank360: Another interest rate hike is coming, the biggest battle for government bond money starts today
One inflation-tracking government bond matures today, three other series pay interest, and the interest rate on PMÁPs, which are losing their appeal from now on, will also be decided in...
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Telepathy and mind reading: the tax office’s new superpowers
“The tax office nowadays knows who is worth checking in a way that borders on magic and puts mentalists to shame, and it is increasingly sure-handed in selecting those taxpayers...
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Investing in improving our quality of life can be a smart decision
In the first quarter of this year, more than 800,000 Hungarian families will receive a significant amount of money through the payment of interest on maturing government securities. While many...
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Stricter sanctions, reduced administration – the EPR background rules have been amended
At the end of 2024, the legislative amendments announced in the Hungarian Gazette significantly transformed the existing regulations on extended producer responsibility (EPR) and product fees. The changes are multifaceted,...
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Changes in simplified employment from February
From 1 February 2025, the rules for simplified employment will be amended, and with them the amount of the public charge to be paid by the employer and the calculation...
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Colruyt Group launches plant-based private label Boni Plan’t
Belgian Colruyt Group wants to make plant-based food more accessible, adding a range of around 100 plant-based products in recognisable packaging under a new private label sub-brand. In addition to Boni Eco...
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A Taste Of History: Remembering Francesco Rivella, The ‘Father Of Nutella’
Ferrero chemist Francesco Rivella, often referred to as the ‘father of Nutella’, passed away on 14 February 2025 at the age of 97, according to media reports. Rivella was a...
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Colgate-Palmolive enters fresh pet food with Prime100 acquisition
Colgate chairman, president and CEO Noel Wallace described Prime100 as “a high-growth, profitable, fresh dog-food asset”. Colgate-Palmolive has agreed to acquire Australia-based Care TopCo, which owns the Prime100 fresh pet-food...
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PwC: Hungarian CEOs are confident in the macroeconomic growth trajectory, but cautious about their own company’s prospects
According to 70 percent of Hungarian CEOs, the global economy will grow faster in the next 12 months, and 60 percent are confident in the growth of Hungarian GDP, while...
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MBH Bank Macroeconomic Outlook: Growth Prospects and Challenges in 2025
According to the latest quarterly macroeconomic forecast from MBH Bank’s Analysis Center, the Hungarian economy could be on a growth path in 2025, although challenges remain significant. The latest report...
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The European Commission has set out a roadmap to improve the competitiveness of agriculture and the food industry
The European Commission published a roadmap on Wednesday to improve the competitiveness and attractiveness of the agricultural and food sector by simplifying regulations, promoting innovative solutions and promoting digitalisation. According...
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The evolution of pasta: tradition and innovation
Pasta dishes are popular all over the world, primarily because of their ease of preparation and variety. However, in recent years, more and more alternatives have appeared in addition to...
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The future of lab-grown meat: sustainable alternative or market challenge?
Lab-grown meat is meat produced using cell culture technology, which is grown in bioreactors without the slaughter of live animals. Although it may have many advantages in terms of sustainability,...
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Rice price trends: why is it getting more expensive and how does it affect us?
Rice, as a staple food, has recently experienced significant price fluctuations, not only in Hungary but also worldwide. The Japanese government is trying to ease the price increase by releasing...
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HR Trends 2025: Hungarian labor market and HR outlook
The Randstad HR Trends 2025 survey provides a comprehensive picture of the Hungarian labor market and companies’ HR strategies. According to the results, Hungarian companies are more optimistic than last...
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Data and intuition: how can HR make good decisions in 2025?
The HR profession in Hungary is also increasingly relying on data, which can be useful for companies not only because they can provide a more accurate picture of the job...
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Water crisis in Hungary: drought is worsening, urgent steps are needed
In recent decades, Hungary’s water resources have been continuously decreasing, while increasingly extreme weather conditions are worsening the situation. According to the third National Watershed Management Plan (VGT 3), published...
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The domestic melon season starts in February at Tesco
Every year, Tesco prepares for the summer season with several thousand tons of Hungarian-grown watermelons, which, in addition to domestic supermarkets, also end up on the shelves of Tesco stores...
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Challenges and prospects of Hungarian walnut production
In recent years, Hungarian walnut production has faced numerous challenges, which have significantly affected the volume of the crop and its market position. The sector’s difficulties have been exacerbated by...
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Chinese luxury market: is the industry at a turning point?
Luxury giants LVMH and Kering are seeing significant declines in Asia, especially in the Chinese market. The country’s economic slowdown and high prices for luxury goods are increasingly deterring buyers,...
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The pharmaceutical industry has significant added value, but Europe could easily fall behind
Screening programs play a key role in the fight against cancer, and Hungary is lagging behind here too. Smoking, a sedentary lifestyle and alcohol consumption are also serious problems for...
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