News and articles
Quality on the grill
This article is available for reading in Trade magazin 2025/5. The 2024 barbecue season got off to a slow start, but then it gained momentum. A cooler spring was followed...
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Hungarian-Saudi trade and tourism relations are becoming closer
The Hungarian Chamber of Commerce and Industry (MKIK) aims to involve Hungarian businesses in the dynamic transformation of the Saudi economy, the public body told MTI on Wednesday, in connection...
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New peaks in passenger and freight traffic: Hungary set a record in air transport in 2024
Air transport in Hungary experienced spectacular growth in 2024. The traffic of domestic airports reached a new historical peak: nearly 18 million passengers and 237 thousand tons of goods were...
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New investment supports forest tourism
The recreational role of our forests has recently been appreciated, as evidenced by the increasing number of visitors each year – said András Mocz, Deputy State Secretary responsible for forests,...
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Papa’s Pilar Rum
Papa’s Pilar is a premium rum brand created in honour of Ernest Hemingway. The rum is made from a blend of the best rums from various Caribbean and Floridian distilleries...
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Sunflower prices have increased by one and a half times
In its April projection, Oil World expects a global sunflower seed harvest of 54.6 million tons in the 2024/2025 marketing year, which is 8 percent lower than in 2023/2024. Global...
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MBH Bank: the outlook for agriculture by the end of the first quarter worsened due to foot-and-mouth disease
The assessment of the situation in agriculture by the end of the first quarter deteriorated slightly, with the outlook deteriorating primarily for dairy farmers, pig and beef farmers due to...
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The laughing bunny has disappeared from the Mexican box of Nesquik
In Mexico, the well-known laughing bunny no longer appears on the packaging of Nesquik, as local regulations prohibit advertising aimed at children on the packaging of foods with sugar content...
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Deliveroo to be acquired by DoorDash in £2.9bn deal
Deliveroo is to be acquired by US rival DoorDash in a £2.9bn takeover deal. DoorDash, which was founded in 2013, said the deal will help to accelerate its growth, as...
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The complete exemption of the affected farms is underway and if there is no new infection, the restrictions can be lifted within weeks
István Nagy, the Minister of Agriculture, assessed the protection against foot-and-mouth disease as successful, and in his report to the Agriculture Committee of the Parliament on Tuesday, he said: if...
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The 13th Avas Borangolás (Avas Borang Festival) in Miskolc starts on Thursday
This year, the Avas Wine Festival will be held in Miskolc, where visitors can discover selected wines from 92 wineries and delicacies from 52 gastronomic service providers at more than...
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Magnit Acquires Controlling Stake In Azbuka Vkusa
Russian retailer Magnit has acquired a controlling stake in premium retail store operator Azbuka Vkusa. Russia’s Federal Antimonopoly Service (FAS) approved the acquisition on 5 May, according to Interfax.com. Azbuka Vkusa...
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Asparagus exports increased in 2024
According to Eurostat data, the asparagus cultivation area in Hungary has decreased in the past decade, and in 2024 it was around a thousand hectares. The harvested quantity of asparagus...
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Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to adopt on Thursday the proposal that would introduce a margin restriction in stores selling household goods from mid-May to early...
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More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more and more industries: toy manufacturers, automotive giants and FMCG companies are also forced to raise prices, restructure production or reduce...
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Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can be purchased cheaper, and we will continue to take decisive action against unjustified, excessive price increases and price hikers,” said...
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The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian Food Bank Association, customers can make donations for people and families living in need in more places than in previous...
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Pick Szeged Zrt.’s profit decreased, but its sales revenue increased last year
Pick Szeged Zrt.’s after-tax profit in 2024 was 6.7 billion forints, while it exceeded 8 billion forints the previous year, the company announced on Tuesday in a report published on...
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Regional trend: the population spends more abroad than at home
The value of foreign purchases continues to grow more dynamically than domestic ones, driven by the expansion of online transactions. During a single purchase, the population of the countries studied...
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Nestlé’s solar park in Szerencs was handed over
Nestlé inaugurates a new solar park at its Central European regional coffee and cocoa powder production and packaging hub in Szerencs, Hungary. The solar power plant will generate 1.5 gigawatt-hours...
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140 million bottles returned at ALDI
In ALDI Hungary stores, customers have returned a record amount of around 140 million single-use packaging to REpont machines. At ALDI, consumers return an average of 3,000 plastic and aluminum...
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Allegro realises EUR 2.6bn sales in 2024
Sales by Polish online marketplace Allegro grew by 7% to reach EUR 2.6bn in 2024. This article is available for reading in Trade magazin 2025/5. Gross merchandise volume (GMV) increased...
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SPAR calls for national cooperation – pet food collection begins for four-legged friends in need
This year, SPAR Hungary and the National Animal Welfare Foundation are organizing their joint pet food collection campaign called “Paws in Trouble!” for the fifth time. The aim of the...
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More than 100 Lidl stores nationwide join the Food Bank’s fundraising drive
Lidl Hungary is joining the Hungarian Food Bank Association’s fundraising campaign on May 9th and 10th with more than 100 stores nationwide. The donations offered by customers will be received...
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Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany and Szántód set sail, but also a whole special gastronomic experience: the Balaton Fagyija 2025 election, on board a mobile...
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A promising wine from the Balaton Uplands
Amid climate change and stricter plant protection regulations, more and more vineyards are looking for a way out towards sustainable winemaking. The Viticulture and Enology Research Institute of the University...
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Investor survey: global business sector’s expectations for world economic growth this year are deteriorating markedly
The global business sector’s expectations for this year’s global economic growth are deteriorating markedly due to the tariff war, according to a recent investor survey presented in London by Oxford...
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Food truck season kicks off with a goulash cannon and a dachshund race
Hundreds of years old “food trucks” are arriving at Kincsem Park – the country’s best mobile restaurants will be joined by buffet trucks reminiscent of the past at this weekend’s...
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Tokaj announces art competition with a total prize of ten million forints
Tokaj is announcing an art competition with a total prize of ten million forints for the design of artistic mosaics depicting local historical scenes and cultural symbols of the World...
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Heat from deep below: Hungarian geothermal energy is an untapped treasure
Although Hungary has excellent geothermal potential, thermal heat currently accounts for only 6% of domestic thermal energy production. With the new grants from the Jedlik Ányos Energy Program, a breakthrough...
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