Market News
Mollie launches in three new markets
Dutch payments fintech Mollie is launching in Hungary, Slovenia and the Czech Republic. Online sellers in these countries can now use the company’s payment solutions and local support. It wants...
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Clear-cutting is harmful, and state forestry could manage our forests more responsibly – this is the message of WWF Hungary’s Climate-Friendly Forester Award
The Ministry of Agriculture’s statement and its video for social media defends clear-felling, citing the WWF Hungary Climate-Friendly Forestry Award, and rejects the criticisms that have been leveled at domestic...
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Agrometeorology: further precipitation is greatly needed
Although significant precipitation arrived last week after the extreme drought in June, and the drought has eased or even ended in large areas, further precipitation is needed in many places...
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Starbucks calls corporate employees back to the office — or take a payout
Starbucks Corp. wants its corporate employees to spend more time in the office. And it’s not an option. The coffee giant said the employees will have to work in the...
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At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the pace of decline is slowing. Based on company trends in the first half of 2025, the desire to found companies...
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Sándor Czomba: the purchasing power of salaries has been continuously increasing for more than 1.5 years
Brussels has been pursuing a flawed economic policy for a long time, supporting war instead of peace and giving all available money to Ukraine. The government is not spending Hungary’s...
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Price pressure and oversupply in the global bell pepper market
Bell peppers are facing a difficult market environment worldwide: oversupply, varying production conditions and depressed prices are the main features of this season. Prices in major European producing countries often...
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Historic decision: European Commission approves first sustainable price agreement in the wine sector
The European Commission has taken its first official position on the competition law assessment of a sustainability agreement in the agricultural sector. The positive opinion concerns a target price agreement...
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GKI: Companies’ price increase intentions have noticeably decreased this year, but cost pressure is still present
In the past part of 2025, price increase intentions have weakened almost continuously and noticeably in several sectors of the Hungarian business sector. By June 2025, these expectations had fallen...
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Thousands of people are already using BudapestGO’s new shopping features
BudapestGO’s new shopping functions have been available for two months now: the shopping cart function and the option to make purchases for other users. BKK’s developments that respond to customer...
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Hungary trusts AI
As artificial intelligence (AI) increasingly impacts everyday life around the world, the vast majority of Hungarians already know the basics of the technology and trust that companies will use data...
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Inside La Cocoș: ‘Buy More, Pay Less’ warehouse-style retail for brands only
The following store visit report offers a visual deep dive into the unique retail concept of La Cocoș: Romania’s fastest-growing hypermarket operator and recent acquisition target of Germany’s Schwarz Group....
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L’Oréal Agrees To Acquire Professional Haircare Brand Color Wow
Cosmetics giant L’Oréal has agreed to acquire haircare brand Color Wow as it seeks to strengthen its professional products portfolio. Color Wow, founded by Gail Federici in 2013, offers a...
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ASP confirmed in domestic pigs in Croatia
African swine fever (ASF) has been confirmed in domestic pigs in the settlements of Jagodnjak and Bolman in Croatia, located near the Hungarian border. The outbreaks have significantly increased the...
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The Consumer Protection Authority blocked a website advertising fake fat-busting serums
Due to misleading names and information, the National Trade and Consumer Protection Authority (NKFH) has banned the distribution of Kalóriakirály dietary supplement products and obliged the domain service provider to...
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Aldi pledges to donate one million meals over summer
Aldi is doubling down on its charity initiatives by pledging to donate over one million meals to families in need over the summer holiday period. The discounter is teaming up...
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NAV: Tax inspectors found nearly three thousand fake perfumes in a Bulgarian truck
The tax inspectors found nearly three thousand fake perfumes in a Bulgarian truck on the M5 motorway, the National Tax and Customs Administration (NAV) told MTI on Wednesday. According to...
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HungaroControl: air traffic increased by about 10 percent in the first half of this year
Hungarian air traffic increased by about 10 percent in the first half of this year compared to the record year of 2024, while the busiest months of the year are...
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KSH: in May, the gross average salary was 702,800 forints, 7.8 percent higher than a year earlier
In May, the average gross salary of full-time employees was 702,800 forints, and the average net salary was 483,000 forints. The average gross salary was 7.8 percent, the average net...
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Grape and fruit growers who suffered severe spring frost damage will receive extraordinary assistance
The spring frost, which came in several waves this year, caused severe damage to grape and fruit orchards across the country. The Ministry of Agriculture, based on the consultation with...
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KSH: industrial production decreased by 2.6 percent compared to a year earlier and by 1.3 percent compared to the previous month in May
In May 2025, the volume of industrial production fell by 2.6 percent from a year earlier. The index adjusted for working day effects is the same as the unadjusted one,...
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We are getting better at shopping
This May POPAI Magyarország held its annual meeting and the usual monthly gathering at an unusual venue: the SPAR Regnum Meat Processing Plant and Training Centre. This article is available...
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MOHU: 15 million daily record in redemptions
The number of plastic bottles, metal cans and glasses returned at vending machines reached 15 million on the Tuesday after the Whitsun long weekend, which is almost 30 percent more...
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K&H: how much have the costs of living increased – middle-aged Hungarians “confessed”
The pace of expenditure growth has slowed, but the vast majority of Hungarians are still experiencing an increase in the cost of everyday living, according to the second-quarter results of...
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The number of layoffs at companies increases after the summer holidays
As the summer holidays come to an end, many company managers are faced with the phenomenon that occurs every year, when employees start to lay off after a break. According...
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Are digital innovation regulations too strict?
The German Retail Federation (HDE) has called upon the new German government to push for innovation-friendly, pragmatic digital regulation in Brussels, as opposed to what it sees as an opaque...
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For a more professional cocktail experience
As part of POPAI Magyarország’s monthly meetings, in March members of the association and invited guests gathered in Lurdy Ház at the invitation of Coca-Cola HBC. This article is available...
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NAK President: Agriculture faces harsh attack from Brussels
Agriculture faces harsh attack from Brussels, the European Commission’s new package of proposals could destroy Hungarian agriculture – the president of the National Chamber of Agriculture (NAK) told MTI by...
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Hungary has made great progress in food self-sufficiency
The very serious crises of recent years have proven that food supply is a matter of national security, therefore, Hungary has learned its lessons and made great progress in terms...
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AM: Harvesting is underway nationwide, the country’s bread is assured
Thanks to the work and diligence of farmers, the country’s bread is assured, the autumn barley harvest has been completed, and more than half of the wheat has been stored...
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