Market News
K&H: how many forints did Hungarians spend playing cards abroad?
K&H bank card customers made nearly 3 million purchases abroad, totaling almost 58 billion forints last summer, with the average amount spent per purchase being more than 178 thousand forints,...
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Ferenc Vesztergombi received the Hungarian Wine Academy’s Lifetime Achievement Award this year
Grapes and wine not only provide a livelihood for hundreds of thousands of people, but also build communities, create relationships and preserve traditions – said István Nagy, Minister of Agriculture,...
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More chances, less hassle: the recipe of a good promotion
Gábor Tolnai, head of marketing insight division at Kantar Hoffmann was one of the speakers at this year’s Day of Promotions. This article is available for reading in Trade magazin...
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Record participation at the Hungarian stand at the free products exhibition in Vienna
The Agrármarketing Centrum participated for the first time in the Free From exhibition for free, plant-based, organic and specialty foods and beverages in Vienna. The event, which will take place...
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Price drop in tomato selection and ample ice cream selection at PENNY
With the arrival of summer, PENNY awaits customers with seasonal products and price reductions. From June 18, juicy, home-grown tomatoes will be on the shelves at even more favorable prices,...
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New Hungarian app supports employees’ mental well-being
The issue of mental health in the workplace is an increasingly challenging one for companies, as while it fundamentally determines the performance of the organization, the increasingly important Generation Z...
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EY survey: domestic businesses focus on stability while preparing for growth
Hungarian businesses are currently focusing on operational stability, and are also planning investments and hiring, according to an EY survey. More than 230 Hungarian entrepreneurs participated in the consulting firm’s...
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Zsolt V. Németh: numerous measures have already been taken to mitigate drought damage
Numerous measures have already been taken to mitigate drought damage, 4.7 billion forints are available for water management directorates for equipment purchases and maintenance work – the State Secretary responsible...
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You can earn a festival pass with just two weeks of student work
The countdown begins in schools: on June 20, the letter V will be put on every board to end the vacation. With the start of the two and a half...
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Duna House: Lake Balaton holiday homes now function as second homes
Lake Balaton holiday homes are now functioning as second homes, as a result of which not only prices have stabilized, but the season at Lake Balaton has also been postponed...
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István Nagy: Sino-Hungarian agricultural relations may soon resume
Hungarian agriculture and agribusiness have faced numerous challenges recently, but after we have overcome the viruses affecting almost all our animal species, Hungary has become free, so agricultural relations with...
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NAK: Brussels would give a green light to Ukrainian imports
The scope of the free trade measures granted to Ukraine expired on June 5, but Hungarian farmers cannot breathe a sigh of relief, as the European Commission is now working...
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Ministry of Agriculture: Corn producers affected by last year’s drought can soon submit their applications
An extraordinary support in the amount of more than 16 million euros in forints is available to smaller, more economically vulnerable corn producers affected by last year’s severe drought. Up...
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UK Retailers Prioritise AI Over Planned Technology Investments, Study Finds
Over two thirds (67%) of retailers in the UK are prioritising AI over planned store technology investments, the latest research from Pricer has revealed. Retailers are adopting AI rapidly, with...
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Ministry of Agriculture: Future wildlife management is based on innovative knowledge
Sustainable wildlife management is a fundamental requirement today, which requires high-quality training and modern educational institutions – said Péter Zambó, the State Secretary for Forests and Land Affairs of the...
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Amazon’s Corporate Workforce May Shrink As AI Takes Over Routine Tasks
Rollout of generative AI and agents will reduce Amazon‘s total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer said in a note to employees. Artificial...
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Carrefour Opens Third Autonomous Store In Belgium
Carrefour Belgium has opened its third autonomous BuyBye store in Belgium at the NATO SHAPE (Supreme Headquarters Allied Powers Europe) headquarters in Casteau, near Mons. Using computer vision and weight...
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Soccer star David Beckham launches honey-based fruit snacks brand
Beeup gives consumers a natural energy boost free from GMOs and artificial ingredients as the product aims to disrupt the $53 billion snacks market. Soccer star David Beckham is partnering...
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Agrometeorology: agricultural drought is getting worse
The agricultural drought in the country is getting worse and worse, and no significant precipitation is expected in the next 8-10 days; the nightmare of a historic drought in 2022...
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“The shelf is not just a place, it’s a strategy” – P&G rethinks the customer experience in Hungary
Interview with Joanna Bohdanowicz, Senior Director Central Europe at Procter & Gamble At P&G, the shelf is more than just a space for product placement – it is the key...
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Brussels has initiated proceedings against Hungary over margin restrictions
The European Commission has launched two infringement proceedings against Hungary for introducing retail margin restrictions that could adversely affect foreign, non-Hungarian companies. One concerns the regulation on the sale of...
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Annual inflation slowed in the euro area and the EU in May
Annual inflation slowed in both the eurozone and the European Union in May, according to final calculations released by the European Union’s statistical office, Eurostat, on Wednesday. Eurostat’s website states...
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Deloitte: Hungary outperformed global M&A trends
Last year, the international mergers and acquisitions (M&A) market showed moderate growth in both transaction number and value, with M&A in Hungary exceeding the global trend and growing by 19...
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A surprising result was achieved at the 6th Lake Tisza PET Cup
The experienced organizers of the PET Cup Association, which organized the competition, were also surprised by the result: more than 10 tons of waste were collected by the pet pirates...
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Promotion 2025: simplicity, data and experiences
Tamás Barna, owner and managing director of Republic Group was the first presenter on the Day of Promotions. This article is available for reading in Trade magazin 2025/6-7. According to...
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Assets under management of responsible funds have quadrupled in one year
According to the recently published data of the Hungarian National Bank for 2024, the assets of responsible funds have quadrupled: the net asset value exceeded 1,275 billion forints. Of the...
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New call supports sustainable water management communities
The call for applications entitled “Supporting sustainable water management communities that improve water use efficiency” has been published with a budget of two billion forints, for which applications for support...
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There is a great deal of interest in the schemes announced by EXIM Hungary in the Demján Sándor Program
There is a high level of interest in the schemes announced by EXIM Hungary in the Demján Sándor Program: more than two-thirds of the product range’s expanded framework of 600...
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MONEY.HU: The value of payment requests has increased eightfold
The value of transfers initiated in response to payment requests per transaction has increased eightfold in just one year, according to a recent analysis by money.hu. Such transactions, conducted through...
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Ministry of Agriculture: Japan is open to the import of Hungarian agricultural products
It is our country’s fundamental interest that meat exports to Japan resume and that Hungarian food raw materials appear even more widely in the Far Eastern country – said István...
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