Market News
AM: final payment of Agro-ecological Program has begun
Of the participants in the popular Agro-ecological Program (AÖP), 63 thousand farmers have so far received partial payments of more than 82.7 billion forints, and the final payment of the...
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8 in 10 consumers now rely on AI search
About 80% of consumers now rely on AI-generated search results for at least 40% of their queries, significantly reducing the need to click through to external websites, according to a...
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A platform summarizing digital solutions and precision services is launched on the NAK website
The National Chamber of Agriculture is launching a new information platform, the aim of which is to summarize the digital solutions available in agriculture. Digital technologies and precision services will...
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Absolut Reveals Limited-Edition Bottle Collection For Tomorrowland 2025
Absolut has unveiled a three-bottle collection designed by Tomorrowland’s mainstage designers in association with Absolut’s creative team. The inaugural limited-edition bottle collection seeks to convey the electronic music festival’s fantasy...
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The Ministry of Agriculture is helping to prevent animal diseases with a new tender
Following the emergence of the foot-and-mouth disease virus, the Ministry of Agriculture is helping to increase the resilience of farms against animal diseases with a new tender opportunity. Farmers will...
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The GKI business climate index decreased in May
According to a survey conducted by GKI Economic Research Co. – supported by the EU – both consumers and businesses became slightly more pessimistic in May compared to April. The...
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OKSZ makes proposals to help smooth the elimination of the margin cap
In order to avoid further uncertainty, the international food retail companies of the National Trade Association are submitting a proposal to the government for a smooth phasing out of the...
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The price of certain products has decreased by a third due to the margin freeze
Bankmonitor experts conducted on-site research to assess how prices of drugstore products affected by the new margin cap regulation have changed. They also estimated the potential impact of observed price...
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Instead of increasing long-term loans, large companies are considering maintaining leasing structures
Long-term loans are still not popular among the managers of large companies, which is explained by the hectic changes in the domestic, but especially the international economic situation. According to...
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A new step to strengthen SMEs, the National Champions loan program has been launched
The GINOP Plusz National Champions call for applications has been published, in which the “Single-operation Combined Loan Program Targeting Green and Digital Transition” will be launched with a budget of...
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Brutal entry: Allegro is now present in the Hungarian e-commerce market
Polish e-commerce giant Allegro is stepping up its international expansion – this time in Hungary. According to the company’s latest report, expanding its domestic presence comes at a price, but...
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Márton Nagy: in the long term, we must return to investment-based economic growth
In the long term, we must return to investment-based economic growth; consumption-based growth is unsustainable – said the Minister of National Economy on Thursday at the Portfolio Lending 2025 conference...
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KSH: Investment performance fell by 12.1 percent in the first quarter of 2025
The volume of investments in the first quarter of 2025, according to raw data, fell by 12.1 percent compared to the same period of the previous year. Compared to the...
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Corporate innovation has gained momentum again – especially in the field of digital developments
The K&H Innovation Index rose by two points to 28 in the first half of 2025. Although the indicator, which measures the innovation activity of Hungarian companies with annual revenues...
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NGM: consumer trust and effective enforcement in focus at the European Consumer Summit
Strengthening consumer trust, guaranteeing the security of the digital market and increasing the efficiency of EU law enforcement were the focus of the European Consumer Summit held on Tuesday, at...
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Aluminium-like glitter in brand building
At the company’s headquarters on Andrássy Avenue in Budapest, HELL ENERGY Magyarország Kft. hosted a meeting for the Green Club and the HoReCa Chapter of the Hungarian Marketing Association at...
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The survey on alcohol and other drug consumption habits has interesting results
Among young people in Europe, Czech fifteen- to sixteen-year-olds have the most experience with marijuana use, according to an international survey published by the CTK news agency. Research conducted in...
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NAK President: This year holds challenges for agriculture
The year 2025 holds many challenges for Hungarian agriculture: in addition to adapting to climate change and the transformation of the European Union support system, free trade agreements and the...
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MRSZ: professional position statement on the draft law “On the Transparency of Public Life”
The Advertising Association has taken action: it submitted a statement to decision-makers. The Hungarian Advertising Association has shared its professional opinion on the “Act on the Transparency of Public Life”,...
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Slovak and Austrian restrictions due to foot-and-mouth disease lifted
Slovak and Austrian restrictions due to foot-and-mouth disease have been lifted, but Croatia continues to implement temporary border controls, the National Police Headquarters announced on Wednesday on the police.hu website....
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Antibiotic sales data for veterinary medicines are improving
The European Medicines Agency has published the first ESUAvet report for 2023, which examines both the sales and use of veterinary antimicrobials. The new system, which is now based on...
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Czech breweries brewed 20.9 million hectoliters of beer last year
Last year, Czech breweries brewed 20.9 million hectoliters of beer, which is 4.2 percent more than in 2023, the Czech Breweries Association said in Prague on Wednesday. According to the...
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A new hall has been added to the East Gate PRO Business Park, which is being developed by WING
The East Gate PRO Business Park in Fót has reached another important milestone: WING Industrial, the business unit responsible for industrial and logistics developments of WING, the developer of the...
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Fruit growers can count on the government even during challenges
The government is committed to supporting the horticultural sector even during challenges. Therefore, Minister of Agriculture István Nagy initiated a consultation with the sector’s stakeholders in order to review the...
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Melon season already in full swing at Tesco
Every year Tesco sells large quantities of Hungarian watermelon in its stores, both in Hungary and abroad, but there is a whole year of work behind this. This article is...
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Final payment of the Agro-ecological Program has begun
Of the participants in the popular Agro-ecological Program (AÖP), 63 thousand farmers have so far received partial payments of more than 82.7 billion forints. The final payment of the program...
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Discount to Heap More Pressure on Large Format Grocers
In IGD’s latest five-year forecasts to 2029, discount will be the fastest growing physical grocery channel with a sales CAGR of 5.2% Discount is set to grow by $217bn globally...
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Walmart cuts 1,500 corporate jobs
Calling it a restructuring effort, Walmart plans to eliminate 1,500 corporate jobs in the U.S. as the big-box retailer aims to cut expenses and accelerate decision-making, according to Supermarket News...
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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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Sustainable water management is the basis of innovative agriculture
The effects of climate change, increasingly frequent droughts and the scarcity of water resources make it necessary to develop adaptation strategies in water management – emphasized Imre Hubai, State Secretary...
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