Market News
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
Sweet euphoria in Cologne
Between 2 and 5 February Cologne hosted ISM, the world’s leading snack and confectionery trade show, which reflected the global upturn of the industry despite growing challenges. More than 1,500...
Read more
Sanofi to buy US drugmaker for over $9 billion
French pharmaceutical company Sanofi is acquiring biopharmaceutical company Blueprint Medicines, a U.S. developer of drugs for the treatment of rare autoimmune diseases, for more than $9 billion, according to Sanofi’s...
Read more
NAV: Monday midnight is the deadline for corporate tax returns
Corporate tax (TAO), small business tax (Kiva), food chain supervision fee, and local business tax (HIP) must be filed by midnight on Monday. It is worth submitting the returns by...
Read more
LG’s new Swing smart monitor comes with a touchscreen and a flexible stand
LG Electronics (LG) has officially introduced the LG Swing smart monitor (model 32U889SA), which will be available in Hungary in the second half of the summer. The new display is...
Read more
Fruit instead of sweets – a surprising promotion from foodora
Foodora celebrated Children’s Day this year with an unusual campaign, encouraging customers to choose healthy options over sweets with a fruit and vegetable promotion. This article is available for reading...
Read more
Consumer Trust in German Food Safety Reaches New High
Consumer confidence in the safety of food in Germany has risen to 89%, marking a three-percentage-point increase from the previous year, according to a representative Forsa survey commissioned by QS...
Read more
Metro Partners With Multicedi In Italy, Makro Expands In Spain
Italian wholesalers Metro Italia and Multicedi have partnered to support the HoReCa sector in Southern Italy, namely in the Campania and Molise regions. In a first for Metro, its...
Read more
Nestlé invests in Zimbabwe cereal manufacturing plant
The “strategic upgrade” includes the addition of a fourth roller dryer to produce its wheat-based cereal brand, Cerevita. Swiss food giant Nestlé has invested $7m to expand its breakfast cereal...
Read more
Extras are becoming increasingly popular with home insurance
Additional coverages are becoming increasingly popular in home insurance. Among the most popular are, for example, insurance against flooding or the so-called home service, which provides quick assistance in the...
Read more
Hungarian employers expect to expand their workforce more cautiously than before in the coming months
Overall, Hungarian companies are planning a small increase in staff numbers for the third quarter of 2025: during this period, 28 percent of domestic employers plan to expand their current...
Read more