Market News
K&H’s parent company among the world’s most sustainable banks
For the third consecutive year K&H’s Belgian parent bank, KBC Group has been granted an “A” rating by CDP, thanks to this becoming one of the world’s most sustainable banks....
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The EU has approved a new feed additive: this is how L-arginine affects animal health
The European Union has authorized the use of L-arginine as a feed additive, which offers new opportunities for a balanced amino acid supply for farm animals, according to reports from...
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ESG shift in HR: equality takes a back seat, environmental protection comes to the fore
According to the SAP SuccessFactors 2025 trend report, the focus of HR has shifted considerably in the ESG landscape: while social aspects are weakening, environmental sustainability is pushing forward. This...
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Innovative technologies 2.0: from the Mariana Trench to the peak of K2
Food industry isn’t only changing in its product portfolio, but also in the technologies it uses. AI, automation, precision technologies, blockchain and robotics are often mentioned as technologies that are...
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István Nagy: we will continue to strive to reduce the risk of bird flu epidemics in every possible way in the future
We will continue to strive to reduce the risk of bird flu epidemics in every possible way in the future, and to this end, we intend to introduce effective incentives...
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ESG questionnaire from July for companies requesting large loans
From 1 July 2025 a new ESG reporting obligation will enter into force for corporate borrowers. This article is available for reading in Trade magazin 2025/5. According to the new...
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New grant programmes in the field of sustainability
European and domestic agricultural practices are increasingly driven by the green standards of the European Union, state secretary Zsolt Feldman told at a conference. This article is available for reading...
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Omnibus package of measures
In February 2025 the European Commission presented a new package of proposals that would amend several sustainability regulations, including the CSRD, CSDDD and EU Taxonomy. This article is available for...
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There will be ATMs in every settlement, and cash withdrawals will also be more convenient
ATM services will become available in all Hungarian settlements, while the rules for cash withdrawals will also become more favorable, the Ministry of National Economy announced. According to the legislative...
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EU restricts cash payments
The European Union will cap the amount of cash payments from 2027: according to the new rule, a maximum of ten thousand euros – or more than four million forints...
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KPMG on Cybersecurity: Service instead of vulnerability
The rapid evolution of the digital environment, driven by technologies like artificial intelligence, is redefining almost every aspect of professional and personal life, making cybersecurity a universal concern, not just...
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Declining turnover in the pesticide market in 2024
Based on the data received, the net sales revenue of total pesticide sales in 2024 was 133 billion forints, which was 10.5 percent lower than in 2023. The sales prices...
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Less sugar, minimum carbohydrates
This article is available for reading in Trade magazin 2025/5. According to Bojana Nenadovic, marketing director of Coca-Cola HBC Magyarország, in 2024 the soft drink market showed a slight decline...
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Less is always more here!
Consumers show growing demand for products that aren’t just tasty and effective, but also have a composition that meets health-consciousness and sustainability standards. This article is available for reading in...
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Plates and glasses going green
Demand for plant-based products has been growing steadily in recent years. The companies interviewed in the article are working from different market positions, but with the same commitment to develop...
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Sport as a strategic brand experience
Today sport is way more than just a sponsorship platform: it is a complex, experience-based interface between brands and consumers. In this article we show how brands are harnessing the...
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Fewer sheep, more expensive lamb
According to data from the Central Statistical Office (KSH), Hungary’s sheep flock was 846.8 thousand on 1 December 2024, down 6.6% compared to December 2023. The number of ewes decreased...
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Impressive productivity growth in domestic retail trade
Labour productivity improvement in Hungarian retail trade by 2023 (vs. 2010) was outstanding at 50% if compared to the country as a whole at 15% or the manufacturing sector at 8%....
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Hungarian confectionery industry: balancing between challenges and opportunities
In 2024 the winners in volume sales were ice cream (+10%), candy (+4%) and crisps (+6%), according to the Association of Hungarian Confectionery Manufacturers (MÉSZ). This article is available for...
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Higher coffee bean prices than ever because of the bad weather
World coffee prices hit a multiyear high in 2024, after exceeding the previous year’s average by 38.8%, mainly due to adverse weather in major producing countries, informed the UN Food...
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Euromonitor International 2025: everything for your pet!
The global pet care market is expected to reach the value of USD 215bn in 2025. The latest research by Euromonitor International highlights the key changes and growth trends that...
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Bad times after good ones?
K&H’s large company growth index – which analyses the economic prospects and expectations of the biggest domestic companies – has returned to the level of the first quarter of 2024,...
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MVI conference 2026
As part of the programme of the Sirha Budapest 2026 trade fair, the Guild of Hungarian Restaurateurs (MVI) will organise a conference, with the following topics planned: alternatives to single-use...
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Mary returns home
On 17 March the Embassy of Ireland in Hungary celebrated St Patrick’s Day at the Budapest campus of Central European University (CEU). This article is available for reading in Trade...
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Carrefour sales under pressure in France and Belgium
Mixed figures from Carrefour in Europe in the first quarter are compensated by strong results in Latin America. The retailer continues to invest in price cuts, private brands, e-commerce and...
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Chobani to spend $1.2B on New York dairy processing plant
The 1.4 million-square-foot factory, which will create more than 1,000 jobs, is the largest facility investment in the yogurt giant’s history. Chobani is spending $1.2 billion to build a dairy...
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MHC Mobility’s 2025 National Fleet Survey on Key Industry Trends and Challenges for Companies Completed
The recent National Fleet Survey conducted by MHC Mobility has shown that the fleet management habits of Hungarian companies are undergoing significant changes. The survey results highlight that more and...
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The trademark that helps Hungarian businesses
Hungarian Product Nonprofit Kft. has organised an information forum in Univer’s new complex in Kecskemét. This article is available for reading in Trade magazin 2025/5. With the programme the goal...
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AM: Minister of Agriculture declares force majeure due to April frost damage
The spring frost damage that occurred at the beginning of April is recognized as a force majeure event for the entire territory of the country by István Nagy, Minister of...
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Shoppers expect to spend 8% more on groceries this summer than a year ago, survey finds
The majority of people who took part in a recent KPMG poll said they think tariffs will push up grocery prices — a higher percentage than for any other category...
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