News and articles
The Hungarian Competition Authority draws attention to fraud related to holiday entitlements
In recent decades, fraud related to the secondary sale of holiday rights has been investigated in numerous proceedings, but despite continuous official action, these scams continue to pose a serious...
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Balaton as a MICE destination: VisitBalaton supports the region’s business tourism with a new publication
VisitBalaton365 has compiled an English-language online MICE (Meetings, Incentives, Conferences, Exhibitions) publication of the event venues and service providers available around Lake Balaton to present the region’s business tourism opportunities...
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NKFH: the closure of Chinese restaurants in the capital led to results, a national investigation has been ordered
The National Trade and Consumer Protection Authority (NKFH) revealed serious food safety and hygiene irregularities during an official inspection of several Chinese restaurants in Budapest, due to which it ordered...
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Lieferando is eliminating its employee delivery-person positions in Austria
Lieferando is ending the employment of food delivery workers in Austria, marking a significant change in the Austrian food delivery market. According to Austrian media, the decision will not only...
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Sleep experts swear by this breathing technique to ‘calm the nervous system’
According to the Hungarian Sleep Association, 57% of Hungarians regularly wake up during the night and 44% have trouble falling asleep. Martin Seeley, MattressNextDay’s chief sleep expert, shared the secrets...
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The official dessert of the Vatican, Hallelujah ice cream, is coming to Hungary
The official dessert of the 2025 Jubilee Holy Year, Halleluja ice cream, will be available in Hungary from the end of March. The unique dessert will first debut in the...
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Moderate price increases and challenges in the Hungarian spa sector
According to the latest announcement by the Hungarian Bath Association, domestic bath admissions will increase in price by an average of 5 percent in 2024, which is significantly lower than...
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Lactalis to invest $55m to expand dairy production in Brazil
The company is investing in two of its dairy plants in Paraná state. Lactalis is investing 313m reais ($55.3m) to expand its dairy production facilities in Brazil’s Paraná state. The...
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Maltese Universal Air launches flights from Debrecen to Leipzig and Malta
Maltese Universal Air will launch two return flights a week on the Debrecen-Leipzig and Debrecen-Malta routes from March 30, creating a direct connection between the cities, the press service of...
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Amazon Launches Online Store In Ireland
Amazon has launched its online store in Ireland, offering customers over 200 million products and a new Prime membership option for €6.99 a month, ESM reported. Amazon.ie will offer one-day...
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900 billion HUF may move out of PMÁPs this week
PMÁP week starts on March 20, during which the state treasury will pay 541.5 billion forints in interest and capital to PMÁP holders. But it must also be taken into...
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Hungarians Have Mixed Feelings About Humanoid Robots
From January, humanoid robots have been available in Hungary at prices ranging from 12 to 14 million forints. However, a recent international study shows that most Hungarians remain skeptical about...
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Economic growth may finally start this year
Primarily due to the recovery in consumption, the Hungarian economy may grow by 2 percent this year. With the economic recovery, inflation has also regained strength, and the average annual...
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Tamás Kozák: Government price controls are not a solution to inflation
Market processes in retail are increasingly coming into the spotlight, especially due to state price controls and inflationary effects. According to Tamás Kozák, Secretary General of the National Trade Association,...
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EY research: consumer impression plays a key role in business success
Consumer perception plays a key role in business success, but most companies do not have a comprehensive strategy for this; lack of data is the biggest obstacle to Hungarian companies...
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Young and old are the happiest, people in their forties are the unhappiest – KOMETA research for the International Day of Happiness
54 percent of Hungarians are happy or more often than unhappy – this is revealed by a representative survey conducted by KOMETA in March 2025*, published on the occasion of...
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myPOS introduces Tap to Pay on iPhone in Hungary
UK-based payment service provider myPOS is introducing Tap to Pay on iPhone for businesses in Hungary. Tap to Pay on iPhone is available through the myPOS Glass app and allows...
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BioTechUSA closed 2024 with record revenue, but growth rate slowed
The Hungarian-owned BioTechUSA group closed the year with a sales revenue of HUF 93.7 billion in 2024, which represents a 3.5 percent increase compared to the previous year. Although this...
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The Nestlé and Zyntern mentoring program continued this year: more young people received support for successful career building
As part of Nestlé’s global initiative, the Nestlé for Youth Employment program was launched in Hungary in 2014, which helps young people find employment in the labor market through the...
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The workforce of large companies may decrease further
The downward trend in employment expectations of large company executives continued in the last quarter. According to the last quarter of 2024 data of the K&H Large Company Growth Index,...
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L’OR introduces Passione Rossa coffee specialty inspired by Ferrari Hypercar partnership
L’OR Espresso proudly presents the new L’OR Passione Rossa coffee collection. The result of a premium partnership between L’OR Espresso and Ferrari Hypercar, this product line is characterised by high...
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The Hungarian Bathing Association expects a record number of visitors this year
The Hungarian Bath Association expects that the number of visitors to domestic baths may exceed the 2019 record this year, and an average increase of 5 percent in ticket prices...
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AM: food production cannot be separated from the land
Artificial meat is a fabrication, and we insist that food production be linked to the land, because this represents our traditions and culture – emphasized István Nagy, Minister of Agriculture,...
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François champagnes were present at one of the most prestigious wine competitions in the world
The François sparkling wine brand achieved brilliant success at one of the world’s most important professional competitions. At the Mundus Vini Spring Tasting wine competition in Germany, two excellent François...
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This is how the social security exemption could turn the labor market upside down
The complete exemption from personal income tax for mothers with two and three children could have a serious impact on the labor market: while the affected employees could receive significant...
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Domestic fish management data collection within a renewed framework
The project of the AKI Agricultural Economics Institute Nonprofit Limited Liability Company, supported by the Hungarian Fisheries Operational Programme Plus under the identification number MAHOP_PLUSZ-1.2.2-24-2024-00001, entitled “Development of the MAHOP...
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Margin freeze: significant price reduction for basic foods, but long-term effects questionable
The Hungarian government introduced a price margin cap on March 17, covering 30 basic food categories and affecting more than 1,000 products. The measure aims to curb inflation and ease...
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Artificial intelligence: back from the future
At the EuroCIS 2025 trade show retail companies can get first-hand information about the latest AI applications and the technical requirements for using them effectively. This article is available for...
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Artificial intelligence and statistical data assets: KSH and NAVÜ held a strategic meeting
The guest of the Central Statistical Office (KSH) was Dr. László Palkovics, the government commissioner responsible for artificial intelligence, who was received by Dr. Áron Kincses, the President of the...
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Food production cannot be separated from the land
Cultural meat is a fabrication, and we insist that food production be linked to the land, because this represents our traditions and culture – said István Nagy, Minister of Agriculture....
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