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K&H: Successors digitize family companies
A wave of digital development may come for domestic family companies. More than half of them are already dealing with this at a strategic level, and every fifth company owes...
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The Competition Authority imposed a fine of more than HUF 2.2 billion this year
The amount of fines imposed by the Economic Competition Authority (GVH) this year exceeds HUF 2.2 billion, the authority told MTI on Saturday. According to the announcement, among other things,...
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GFM: the government increases the budget of the Food Industry Supplier Development Program by nearly six times
In order to strengthen Hungarian businesses, the government is increasing the amount of the Food Supplier Development Program (ÉLIP) by nearly six times, the Ministry of Economic Development (GFM) announced...
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Inflation will remain in 2024 as well
This year was determined by inflation, which remains on the table. The disinflation process may continue at the beginning of next year, but the pick-up in household consumption will bring...
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The mandatory deposit system will bring such changes from January
From January 1, 2024, the legal provisions will come into force, which from then on will regulate the mandatory return of the packaging of various types of soft drinks and...
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NAK-Húszövesség: a significant turnover of hot dogs is expected at the end of the year again this year
Despite the change in consumer habits, a significant amount of hot dogs may be sold domestically in the last days of the year, the National Chamber of Agrarian Economy (NAK)...
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There will be more than 1,400 beverage packaging return machines in food stores
From the first of January, the mandatory deposit return system of the packaging of soft drinks and spirits – plastic, metal, glass bottles – in some shops; the food trading...
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GFM: One of the most successful government loan programs of all time can continue in 2024
In order to strengthen Hungarian businesses and increase their performance, the government has decided to continue the Gábor Baross Reindustrialization Loan Program until July 1, 2024, by providing an additional...
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K&H: how much pocket money do young people receive?
On average, young people between the ages of 14 and 18 receive HUF 22,000 in pocket money per month from their parents, according to a survey of the financial situation...
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Agrometeorology: in large areas, especially in the Alföld and the Kisalföld, the water stands on the land
In large areas of the country, especially in the Alföld and the Kisalföld, there is standing water in the fields, which makes it difficult to sow in the mild weather,...
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Gasoline price increase in January – so you can keep more in your wallet
From January 1, it is expected that you will have to pay HUF 40 more for a liter of fuel. So those who drive regularly have to dig deep into...
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Association of Hungarian Meat Industry: such sausages should no longer be bought
The annual sale of hot dogs in Hungary is around 34,000 tons, and 10-25 percent of this is sold in the last month of the year, according to the joint...
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New Year’s Eve firework sales are popular
After the Christmas frenzy, discount champagnes, hot dogs and lentils are lined up on the shelves in most stores, since New Year’s Eve is upon us. It is worth paying...
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K&H: cash is not cool
Young people basically stick to their Christmas customs, also from the point of view that they still buy the majority of gifts in person, in a traditional store, but there...
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ORFK: you can buy fireworks from Thursday
Class 3 fireworks and pyrotechnic devices can be purchased from Thursday and used between 6:00 p.m. on December 31 and 6:00 a.m. on January 1, the National Police Headquarters (ORFK)...
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There will be a charge for the Interspar parking lot in Székesfehérvár
The sections leading to the Interspar parking lot in Székesfehérvár have been equipped with the necessary structures for paid parking lots. Not by chance, the unlimited free service will end....
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Lidl’s Christmas commercial won the Audience Award
Lidl Hungary “The wonder of special moments: a magical Christmas!” won the Christmas TV commercials 2023 – Audience Award voting, which was announced by Trademagazin for the first time this...
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2023 is the year of record payments in agriculture
In the year 2023, which is full of financing difficulties, it was crucial for the sector that a record amount of more than HUF 1,300 billion in agricultural subsidies were...
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You can reapply for the grape restructuring subsidy
From January 4, 2024, grape growers will once again have the opportunity to submit subsidy applications within the framework of the vineyard restructuring subsidy. The intensity of the support will be...
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Unilever Acquires Haircare Brand K18
Unilever has announced the acquisition of premium ‘biotech haircare’ brand K18, as it seeks to reinforce its portfolio around higher growth segments. K18 was founded in 2020 by entrepreneurs Suveen...
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SPAR Expands Presence In Spain With Four New Stores
SPAR has consolidated its presence in Spain with the addition of four new stores and the redesign of three between September and December 2023. SPAR Spain partners in the Girona,...
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In terms of actual individual consumption, we fell short in the region
In 2016, György Matolcsy, the president of the Hungarian National Bank, predicted that Hungary would overtake Austria in a few years. However, the detailed summary prepared by Mfor.hu now shows...
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Food manufacturers and distributors passed their exams well in the mid-term of the winter seasonal inspection
Satisfying results were achieved in the first period of the winter seasonal food chain inspection. In connection with the summary covering the initial two weeks of the campaign, dr. Márton...
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The domestic meat and dairy industry is losing money, but it receives a lot of support
A significant part of the agricultural and rural development subsidies provided to the domestic meat and dairy industry pose serious challenges to the actors of the agricultural sector. During the...
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Válaszúton a csomagolóipar
A hazai csomagolási piacnak napjainkban egyszerre több kihívásnak is meg kell felelnie. A szegmensben az egyszerűbb tömegtermékeknél erősebb visszaesés érzékelhető. A gyenge kereslet részben a negatív gazdasági környezet, részben pedig...
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KSH: The gross average salary was HUF 564,400 in October 2023, 14.0 percent higher than a year ago
In October 2023, the gross average earnings of those employed full-time was HUF 564,400, and the net average earnings calculated with allowances in mind was HUF 389,300, the Central Statistical...
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The competitiveness of Hungarian enterprises may depend on ESG compliance
Today, sustainability is not only a fashionable topic, but also a decisive issue for the future of business organizations in the 21st century. The worsening global climate reports already affect...
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These are the gifts Hungarian kids long for
Children want a pet, a mobile phone and a joint family holiday this Christmas – according to the responses of kindergarten and primary school students interviewed in the Etele Plaza...
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British Chambers of Commerce: according to almost two-thirds of British companies, trade with the EU is more difficult
Almost two-thirds of British companies still have difficulty adapting to the terms of the trade and cooperation agreement (TCA) signed with the European Union just three years ago, according to...
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Hungarian Product trademarks: the “Hungarian gives you more” campaign continues next year
Our magazine interviewed Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. This article is available for reading in Trade magazin 2023/12-01 – What are the most important achievements of 2023...
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