Events
István Nagy: More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the first quarter of 2025 according to raw data, and was 0.4 percent lower than the same period of the previous...
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Chemical cocktail on your plate: alarming data on the contamination of European food
According to a recent report by the European Food Safety Authority (EFSA), 42% of European food contains pesticide residues, and more and more products have been found to contain multiple...
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GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second consecutive year: by 5.5% in 2023 and by 4% in 2024. Sales decreased both on the domestic and export markets....
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New dynamics in the drugstore market: dm leads, Müller overtakes Rossmann
A major reorganization took place in the top tier of domestic drugstore chains in 2024: dm maintained its leading position, while Müller, which operates with only 34 stores, overtook Rossmann...
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OBTT organized a conference on the present and future of potato production
This year, prominent representatives of the sector discussed current issues of domestic potato production and sales in a large-scale professional conference. On May 30, World Potato Day, a plant that...
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István Nagy: More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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Feel the taste of discovery! – Stühmer Moment Corfu in space and on Earth
A new chapter in the history of Hungarian space exploration is expected to open this weekend, June 8: Tibor Kapu, the next Hungarian astronaut, will set off for the International...
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OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally downgraded its forecasts for global economic growth this year and next, citing increasing uncertainty and complexity in the economic environment....
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The future on a platter: what does sustainable nutrition mean?
Sustainable nutrition is not only an environmental issue, but also a health and economic issue – as revealed in the latest newsletter of the Hungarian Dietitians’ Association (MDOSZ). According to...
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European and global strawberry market: a nuanced picture, with different prospects per region
The situation of the strawberry sector in the spring of 2024 shows significant differences by region: while producers in some countries are closing a strong season, in others, weather extremes,...
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Significant support helps restore the natural water balance of the Dévaványa-Ecsegi heaths
A significant part of the Körös-Maros National Park is wetlands, so it is of outstanding importance that the restoration of the natural water balance of the Dévaványa-Ecsegi heaths is being...
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Intrum: EU AI Act could put Hungarian companies to the test
The European Union’s new Artificial Intelligence (AI) regulation, the “EU AI Act”, which will enter into force in August 2025, could pose significant challenges for Hungarian companies, according to a...
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Rector of the Agricultural University: change is needed in soil cultivation
Hungary is lagging behind enormously in soil cultivation, change is needed, and the application of modern technological solutions cannot be spared – stated the rector of the Hungarian University of...
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The trademark that helps Hungarian businesses
Hungarian Product Nonprofit Kft. has organised an information forum in Univer’s new complex in Kecskemét. This article is available for reading in Trade magazin 2025/5. With the programme the goal...
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Interest in horticultural tenders is high
Horticultural tenders are receiving special attention and great popularity, for which the Ministry of Agriculture would meet the increased needs by reallocating funds – said Szabolcs Szigeti, Deputy State Secretary...
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When a plush toy was worth more than a stock – the lessons of speculative manias
When we hear the word “speculation,” we tend to think of stock markets, cryptocurrencies, or real estate. But in essence, speculation is simply human nature — trying to anticipate what...
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Green pea foreign trade balance is positive
According to KSH data, the green pea harvest in Hungary in 2024 was 38 percent smaller (57 thousand tons) on a 25 percent smaller area than in 2023. According to...
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More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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Willys discounters – The Swedish Kaufland
Willys in Sweden is defending its position as strongest contender in the battle for discount dominance, offering a lean but broader assortment than challenger Lidl. Backed by market analysts Matpriskollen,...
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We must prepare for changes affecting the future of the agricultural sector
Agricultural players must continuously adapt to rapidly changing external circumstances and prepare in time for the new European Union agricultural support cycle starting after 2027, which is expected to contain...
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The Body Shop returns to Belgium and Switzerland
The Body Shop is returning to Belgium and Switzerland, as German businessman Stefan Herzberg has obtained the licences for these countries. The first new stores should open in the coming...
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The EU may soon lift the restrictions imposed on Hungary due to foot-and-mouth disease
In the optimal case, the European Union is expected to lift all restrictions imposed on Hungary due to foot-and-mouth disease within days – emphasized István Nagy, Minister of Agriculture, on...
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Norma Launches New Digital Discount App
German discount retailer Norma is expanding its digital offering with the launch of its new Norma Plus app, that went live on June 2. The app allows customers to access...
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Feed corn prices have decreased
The USDA’s May projection indicates a global corn harvest of 1,265 million tons in the 2025/2026 marketing year, almost 4 percent higher than in the 2024/2025 marketing year. Utilization is...
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Collaboration is needed for successful water management
We can only achieve results in the field of water management by collaborating and changing our perspective: the cooperation of farmers, the water sector, local governments and the state is...
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The National Trade Association held its general meeting
At its annual general assembly, the National Trade Association (OKSZ) reaffirmed some of its previous office holders and elected new ones. In addition, the assembly approved amendments to the statutes...
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Still on the border: manufacturing growth slowed in May
In May 2025, the seasonally adjusted Purchasing Managers’ Index (PMI) stood at 50.1 points, barely remaining in expansionary territory. This figure is not only below April’s result but also significantly...
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The Hungarian Village Program is relaunching with a budget of ten billion – settlements with fewer than five thousand inhabitants can apply from July 2
The latest tender phase of the Hungarian Village Program will start again with a budget of ten billion forints, announced Alpár Gyopáros, the government commissioner responsible for the development of...
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You will have an impact on the world – CETIN Hungary has launched an employer branding campaign
The short video at the heart of the campaign shows what our everyday lives would be like without mobile infrastructure. CETIN Hungary is Hungary’s first mobile telecommunications infrastructure provider. The...
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