Market News
KPMG: Artificial intelligence in finance is changing the rules of the game
Artificial intelligence is gaining ground in the financial sector – more than seventy percent of companies use it to some extent in their financial processes. Moreover, the proportion is expected...
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Tens of thousands of domestic companies must comply with ESG rules this year
According to the ESG Act, this year only listed companies and next year all other large companies must prepare sustainability reports. However, the information in the reports must also cover...
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Sustainable catering is at the heart of the 10th Catering Chef Competition
For the tenth time, institutional and workplace catering players can compete in the Public Catering Chef Competition (KÖSZ). Applications for the gastronomic competition can be submitted until April 30, 2025,...
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Million-dollar donation for sustainability: Popular online supermarket supports national tree planting program
Kifli.hu donated more than 100 Nordmann pine trees with a ground ball to the 10 Million Trees Foundation. The donation is worth over one million forints. At least 100 institutions...
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Healthy eating is becoming more expensive
The latest study by the Food Foundation has shown that the price of healthy food has risen twice as fast as that of unhealthy alternatives in the past two years....
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Butter and margarine brands: the force is with them
Both margarine and butter sales have decreased recently, albeit slower than before. This article is available for reading in Trade magazin 2024/12-01 The volume ratio of the two categories is...
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What would happen if TikTok was banned in Hungary?
The TikTok ban in the United States is a warning sign for Hungarian small and medium-sized businesses (SMEs), especially in light of the fact that the video-based social media platform...
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Spielwarenmesse recognises outstanding innovations with highly coveted ToyAward
Day 2 of the Spielwarenmesse started off in celebratory mood as six particularly innovative product ideas were honoured with the highly coveted ToyAward on the Wednesday of the fair. In...
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Sz. Variáns from Debrecen is at the forefront of packaging technology
2024 was an extremely eventful and professionally successful year for Sz.Variánts, as János Szakál, the company’s managing owner, was nominated for the Ernst & Young “Businessman of the Year” award....
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GVH-ÖRT workshop: Focus on preliminary compliance!
The Self-Regulatory Advertising Board (ÖRT) held a workshop for its members on the experiences of the 2024 competition authority procedures in cooperation with the Hungarian Competition Authority (GVH). At the...
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Hungarian pharmacies in a changing situation
The situation of pharmacies in Hungary deserves serious attention, as the sector has been affected by numerous changes in recent years. According to the 2024 report of the Association of...
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K&H: A rain of money is expected, but it doesn’t matter where the money ends up
Over the past five years, the number of SME bank accounts at K&H has increased by nearly 8 percent, to more than 118 thousand. At the financial institution, businesses can...
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Lidl opens its largest logistics hub in Europe
Lidl has opened the doors of its new flagship logistics hub in Ablis, southwest of Paris. Covering 87,000 sqm, it is the largest of its kind in Europe. The new logistics...
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97% Of Portuguese Prefer Physical Stores, 22% Shop Online, Study Finds
Despite 22% of Portuguese consumers now shopping online, physical stores remain overwhelmingly popular, with 97% preferring the channel. A new study by In-Store Media and Nielsen revealed increased spending both...
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Young People Believe Everything AI Says
Almost all Gen Z youths use artificial intelligence (AI), but most of them fail to recognize when AI “hallucinates” and provides incorrect answers, according to a survey conducted by EY,...
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Mattel takes aim at Lego with brick-based building brand
The toy titan plans to introduce its first Mattel Brick Shop product in May and unveil new sets in coming years. Mattel on Tuesday announced that it plans to launch...
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The best generator operators of the hail damage mitigation system were awarded
The most successful generator operators of the national and county ice damage mitigation system were recognized. As every year since 2018, the national ice damage mitigation system operated by the...
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K&H: Despite their stable situation, slight pessimism prevails among Hungarian SMEs
The K&H SME Confidence Index, which shows the outlook for domestic SMEs, returned to its summer state in the last quarter. Based on the research results, it seems that the...
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Free cash withdrawals in stores: why don’t we use them?
More than a year and a half ago, a regulation came into force in Hungary that allows customers to withdraw up to 40,000 forints in cash per month at store...
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In the shadow of bird flu: the Hungarian poultry sector amid restrictions and challenges
The avian influenza epidemic that emerged in Hungary in 2020 still has a significant impact on the domestic poultry sector. The virus has serious consequences not only for the flocks,...
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Lidl reduces egg prices
Lidl Hungary is once again making Hungarian customers happy and starting today, it is reducing the price of one of the most important staple foods: eggs will be cheaper by...
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What makes a breakfast truly nutritious? – Tips for a healthy start to the day
Breakfast is one of the most important meals, which plays a key role in the proper functioning of our body and mind. The Digestive Well-being Program, launched by the Hungarian...
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NGM: public confidence is strengthening, domestic tourism closed a record year in 2024
The number of guest nights spent by foreign guests in Budapest increased significantly, by nearly 20 percent. As a result of the increased desire to travel, the income of accommodation...
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Beetroot is an increasingly popular vegetable among both producers and consumers
The area under beetroot cultivation in our country is increasing year by year, and thanks to the modernization of production, the average yield per hectare is also continuously increasing –...
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No significant change in pear prices
According to preliminary data from the World Apple and Pear Association (WAPA), 1.79 million tons of pears were produced in the European Union in 2024. This quantity is more (+5...
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Digital security is not a luxury, but a basic necessity
Today is World Data Protection Day, an annual event that draws attention to the critical role that data protection plays in the digital world. Modern life is now largely online:...
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We are further strengthening our agricultural relations with France
France is an important ally of our country in order to strengthen the Common Agricultural Policy and preserve its resources – said István Nagy, Minister of Agriculture, who received Jonathan...
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The situation of Hungarian pharmacies: changes in 2024 and challenges in 2025
The Association of Network Pharmacies (HGYSZ) held a comprehensive press conference on the current situation of the domestic pharmacy sector, the experiences of 2024 and the challenges expected for 2025....
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Bird flu hits US egg market: rising prices and empty shelves
The US egg market has been severely affected by the bird flu epidemic that began in 2022, which is causing serious challenges not only for producers but also for consumers....
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Peste des petits ruminants (PPR) has appeared in Hungary
The laboratory of the National Food Chain Safety Authority (Nébih) has detected the presence of the PPR virus in Zala County. The animals were transported to Hungary from a collection...
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