News and articles
Róbert Zsigó: The price of 874 foods has decreased thanks to the margin freeze
According to the new data, the price of 874 foods has decreased thanks to the margin freeze, the Parliamentary State Secretary of the Ministry of Culture and Innovation (KIM) said...
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The European Commission recommends that EU citizens build up an emergency reserve
The European Commission says the current threats to the European Union require constant preparedness, and the EU executive is therefore recommending that citizens stockpile at home an emergency stockpile of...
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High-ranking awards for food industry and trade professionals
In connection with the National Day of the Republic of Hungary, Linda Szommerné Egyed, owner of Fino-Food, Frank Odzuck, CEO of Zwack Unicum Nyrt., and Csaba Kanizsai-Tóth, CEO of FÁN...
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Kifli.hu expands with exclusive Marks & Spencer products
The Rohlik Group, the parent company of the Hungarian online supermarket Kifli.hu, is significantly expanding its exclusive partnership with the British brand Marks & Spencer. Customers can now access more...
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Márton Nagy: the range of products subject to margin stop may be expanded
If prices start to rise for other products not currently subject to the profit margin cap, then “we will expand the range of products covered by the profit margin cap” –...
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Jägermeister Orange: an ice-cold novelty with the aroma of Sicilian orange
1400 hours of Sicilian sunlight, 56 herbs and the aroma of three oranges in one bottle – Jägermeister Orange, the uniquely fresh and fruity, bright orange, light new version of...
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GVH: 100 product categories are now available in the online Price Monitor
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) has been expanded with 22 new product categories. Thus, the daily updated prices of 100 product categories, a...
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Growing demand, changing climate, new technologies in the domestic vegetable oil industry
The bottled cooking oil and refined bulk oil market operates in an international system, so prices and trends are not determined by the independent production or consumption of each country...
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New cybersecurity regulations: how companies can save millions
In 2025, cybersecurity regulations became even stricter, affecting the conduct of audits and the calculation of supervision fees. The mandatory fees for companies are partly based on revenue, but a...
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KPMG: How to use AI in credit risk analysis ethically and competitively
Financial institutions and financial service providers are expected to be among the biggest beneficiaries of the AI revolution, provided they do not sacrifice consumer and user trust on the altar...
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Representatives of the Slovak baking industry have rejected the use of EU-approved insect ingredients in their products
The Slovak baking industry has issued a joint statement rejecting the use of insect-based ingredients in its products that the European Union (EU) has classified as suitable for human consumption...
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Bunge to sell European margarines and spreads business to Vandemoortele
Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary. US agri-food giant Bunge is selling its European margarine and spreads business to Belgian food group...
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Industrial condominium as an investment – is the sector on the verge of new momentum?
Hungary’s industrial real estate leaders gathered for the first time at the HAD Real Estate Business Brunch, organized by the HAD Group, to discuss the future of the sector, the...
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Lidl and ProVeg join forces to find innovative cheese alternatives in new startup competition
The winner will have their product sold in selected Lidl in Germany stores under its Vemondo private label, ProVeg announced. (Image source: Jérémy-Günther-Heinz Jähnick/ Somain/ Lidl (01) / Wikimedia Commons...
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Rice wine waste found to have longevity-boosting properties
Researchers in the Philippines have discovered that the byproduct of traditional rice wine fermentation could have significant health benefits, including anti-aging properties, The Drinks Business reported. Filipino researchers have optimised...
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Hungarian food producers may be in serious danger due to the margin freeze
Following the introduction of the margin freeze, previously strictly confidential information has been made public: supplier prices can now be calculated back to almost anyone. This poses serious market risks...
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Róbert Zsigó: the prices of foods affected by the margin freeze decreased by an average of 17.7 percent
The margin freeze came into effect a week ago, and the prices of the affected foods have decreased by an average of 17.7 percent, said Róbert Zsigó, Parliamentary State Secretary...
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NAV: online stores cannot escape paying retail tax either
Online stores must also pay retail tax if their sales revenue reaches 500 million forints; the tax rate is 0.15 percent for up to 3 billion forints, the National Tax...
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The urgency of climate adaptation is beyond question
Extreme climate and weather events are becoming more frequent and severe. The cost of the resulting damage and losses is $16 million per hour globally. A significant part of this stems...
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Margin stop works, says Márton Nagy
The margin freeze is working, the prices of more than a thousand products have been controlled – the Minister of National Economy emphasized in his video message on Tuesday, adding...
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Celebrity brands, vitamins and green packaging: the drugstore market has taken a new direction
The drugstore market has seen spectacular growth in recent years, driven not only by the expanding range of products but also by the constantly changing needs of consumers. The explosive...
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The average price of this year’s Easter eggs could be around ninety forints
The average consumer price of eggs for Easter could be around 90 forints, which means that buyers can get the food inseparable from the holiday at about the same price...
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Eurobarometer: majority of Europeans would strengthen defence and security
66 percent of all Europeans surveyed, and 63 percent of Hungarian respondents, believe that the European Union should play a more important role in protecting against global crises and security...
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New ATMs may be located here first. The specific list of settlements is on the map
A proposal has been submitted by the Hungarian Banking Association regarding the installation of ATMs. Depending on the size of the settlement, banks would deploy new ATMs in several phases....
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Conservationists’ Association Urges Ban on Genetically Modified Meat
The Hungarian Association of Nature Conservationists (MTSZ) would like to extend the scope of the government’s bill on the ban on laboratory-grown meat, which was submitted to the Parliament in...
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New training series for Lake Balaton tourism: practice-oriented trainings in Keszthely
One of the keys to the development of tourism at Lake Balaton is increasing the competitiveness of service providers – a goal now supported by a targeted training series jointly...
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Hungarian IKEA sets world record: Soroksár will be the world’s largest fulfillment center
By 2026, IKEA’s Soroksár store will be transformed into the world’s largest online fulfillment center, raising logistics operations not only in Hungary but also in the entire region to a...
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Zebra meat on the plate – an exotic in Hungarian gastronomy
While it is less common throughout Europe, a minor media storm has erupted in Hungary around a zebra – more precisely, because of its adoption. Prime Minister Viktor Orbán announced...
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Hungarians are in debt
In January 2025, the domestic credit market reached a historic milestone: the average amount per contract of newly concluded personal loan contracts exceeded 3 million forints for the first time,...
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Confinement, grazing ban and mandatory slaughter are necessary to curb FMD
The National Chief Veterinarian is introducing new measures in Győr-Moson-Sopron county due to the Slovak foot-and-mouth disease outbreaks. Among other things, a grazing ban will come into effect in the...
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