Market News
Revolut 2025: The fintech giant takes things to new heights
One of the most prominent players in the fintech world, Revolut, has announced its ambitious plans for 2025. The company, which has gained more than 10 million new customers this...
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Mihály Varga: the government stands by the interests of Hungarian farmers
The government views agriculture as one of the pillars of sovereignty, and therefore will continue to stand by the interests of Hungarian farmers in the future, the Minister of Finance...
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Májustól akár felszámolással is járhat az Oroszország elleni EU-szankciók megsértése
The European Union (EU) directive, adopted in April this year and to be implemented in Hungarian law by May 2025, obliges member states to introduce criminal and non-criminal measures in...
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A turbulent year for aviation: airlines worldwide declared insolvency
The difficulties of this year have posed a serious challenge for many airlines. While in 2023, high ticket prices and an increase in the desire to travel had a positive...
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Focus on strengthening direct producer sales
Sustainability is a key issue in all areas of our lives today. From an economic and social perspective, the development of food supply chains that, while strengthening the local economy...
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There are still many people who think buying a property is a waste of money
Middle-aged people have a markedly different opinion of renting as a housing alternative, according to the latest K&H Komisz Futur survey. Among 30-59 year-olds, the proportion of those who believe...
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NAK and Hungarian Lawyers Association strengthen cooperation
The President of the National Chamber of Agriculture (NAK), Zsolt György Papp, paid an introductory visit to the President of the Hungarian Lawyers Association (MJE), László Trócsányi. The current meeting...
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Billa Invests Over €56m In 2024 To Expand Presence In Bulgaria
Supermarket chain Billa has invested BGN 110 million (€56 million) since the start of 2024 in Bulgaria, to boost its market presence in the Balkan country. The company, part of...
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High quality is ensured in the Christmas fish offer this year as well
The weather did not make things easier for domestic fish farms this year, but despite the difficulties caused by the drought, there will still be plenty of high-quality Hungarian fish...
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SPAR International And Circana Announce Strategic Partnership
SPAR International, the food retail chain, has announced a key partnership with Circana, a leading advisor on the complexity of consumer behaviour. SPAR country organisations will have access to Circana’s...
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Suntory to shift Irish whiskey bottling to Spain and Scotland
Japanese drinks giant Suntory has decided to move the bottling of three Irish whiskey brands made at its Cooley Distillery offshore. The distillery produces Suntory’s Kilbeggan, Tyrconnell and Connemara Irish...
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AM: Exploiting the potential of digitalization is key
It is important that as many people as possible in agriculture take advantage of the opportunities offered by digital technology, and that precision farming is spread as widely as possible...
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TECHXPO 2024 has opened its doors
TECHXPO 2024, Central Europe’s largest tech summit, has opened its doors in Budapest. The four-day event kicked off with a robust international conference program, with the opening keynote address by...
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Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters of webshops offer this method of collection, which is a 12 percent increase compared to the previous year. The ever-increasing...
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Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity not only globally but also in Hungary. Due to sustainability considerations, the demand for a healthy lifestyle and lactose sensitivity...
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Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly in recent months, which customers can already feel during their everyday shopping. The price increase can be observed not only...
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Sustainable packaging: focus on recycling and the circular economy
Packaging is a key element of the supply chain, where sustainability and recyclability are increasingly important. The development of recycled packaging materials, biodegradable alternatives and the optimization of foil use...
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The Secretary of State spoke about greater support than ever before
Producers who choose organic farming will receive greater benefits than ever before, announced Zsolt Feldman, the State Secretary for Agriculture and Rural Development of the Ministry of Agriculture, on the...
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Black Friday deals at the largest domestic chains: Lidl, Tesco, Spar and many others
Black Friday fever will not leave customers and retail chains indifferent in 2024. Although the concept of “Black Friday” in the traditional sense now extends to almost every day, the...
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Fruit yogurt has become cheaper, but the price of orange juice has gone up
The prices of products frequently consumed by children have increased by 7 percent in one year. The consumer goods selected in the mini basket compiled by K&H cost a total...
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Bence Gerlaki: the government helps develop consumer awareness in all age groups
The government is helping to develop consumer awareness in all age groups, but supporting vulnerable consumer groups is particularly important, as is acquiring basic consumer knowledge as early as possible,...
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The Ministry of National Economy welcomes those interested with an airport relocation
In order to protect the rights of air passengers and strengthen their consumer awareness, the employees of the Ministry of National Economy (NGM), responsible for consumer protection, will provide information...
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Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within the framework of which experts provide a comprehensive picture of the financial reliability of a person, a business, or even...
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NAK considers supporting small-scale crop production a priority
Constructive cooperation with authorities and partner organizations plays a key role in the success of small-scale crop production in Hungary, it was stated at the latest meeting of the Small-scale...
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Soil-X-Change meeting for soil renewal innovation partnerships
On November 13, 2024, the Institute of Agricultural Economics (AKI) and the Innovation and Digitalization Support Unit (ITE) of the Common Agricultural Policy (CAP) announced a meeting within the framework...
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Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share...
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Exploiting the potential of digitalization is key
It is important that as many people as possible in agriculture take advantage of the opportunities offered by digital technology, and that precision farming is spread as widely as possible...
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Diageo Announce New Global Division For Luxury Brands
Diageo Luxury Group is a new global division from Diageo for its luxury brands. The move brings assets into one portfolio including brands Brora and Port Ellen, Scottish brand homes...
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Action’s turnover up 20% in the first nine months
Action, one of Europe’s leading non-food discount chains, increased its net sales by 20.9% to €9.6 billion in the first nine months of the year in its twelve European markets....
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Agrometeorology: precipitation is good for autumn sowing
This week, heavy rain fell nationwide, with the exception of the Lesser Plain, which was much needed by the late-sown winter wheat, but the cool weather continues to hinder its...
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