News and articles

Recognition for both the trade and its practitioners

The leaders of the Hungarian Confectioners’ Craft Union have received the Kőrösi Csoma Sándor Award. This article is available for reading in Trade magazin 2025/2-3. This year’s awards were presented...

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Cautious optimism: this is how domestic SMEs manage their finances and digitalize

Hungarian SMEs are planning cautiously: while the economic environment holds challenges for them, digital solutions are playing an increasingly important role in their operations. According to the research, the demand...

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Kofola ČeskoSlovensko to acquire vending machine business

Czech drinks group Kofola ČeskoSlovensko is to purchase a 100% stake in Vending S.R.O., which manages ASO Vending, a Slovakian food and drink vending machines supplier, Just Drinks reported. The...

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Bulgaria Plans State-Owned Supermarket Chain

Bulgaria’s parliamentary budget committee has approved a plan to create a state-owned chain of stores selling only Bulgarian-made products, ESM Magazine reported. The proposal, put forward by the DPS-New Beginning...

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Spain tries to reduce food waste with law

The Spanish parliament has passed a law against food waste to reduce the amount of food that is thrown away in the southern European country each year, which currently stands...

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Cruise vacations are coming to an end

When planning their summer vacation, more and more people are choosing a cruise instead of a classic, land-based vacation. The advantage of cruise ships is that they can visit several...

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Agricultural Marketing Center: Hungarian food manufacturers presented their products in Albania and Montenegro

Eleven Hungarian food manufacturing companies presented their products in Montenegro and Albania at business forums organized by the Hungarian Food Business Program, the export development branch of the Agricultural Marketing...

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Contactless Payment is Becoming Increasingly Popular in Northern Europe

While cash payments remain the most common method of payment in Germany and Austria, contactless payment by card has been growing dominant in Northern Europe, according to a YouGov survey...

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Craft beer from the Cake of Hungary!

Last year FIRST Craft Beer brewery made a beer from the poppy seed, blackcurrant and black sesame Cake of Hungary. This article is available for reading in Trade magazin 2025/2-3....

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Smart plates

This year the number of entries for the Smartplate® National Student Knowledge Test doubled, with 825 teams from 233 schools entering the competition – this means that approximately 2,500 students...

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Dangerous shrimp found on the market – recall ordered

Veterinary drug residues were found in frozen shrimp paste of Vietnamese origin, which was also sold in Hungary. The authority and distributors ordered an immediate recall, the product is unsafe...

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The Apotheosis of Half an Avocado – Video of the Day

Beautiful! Click on the picture for the video!...

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Your teacher, the shopping bag – Picture of the day

A moderately practical, but undoubtedly didactic aid in the American supermarket....

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(HU) A nap mondása

Sorry, this entry is only available in HU....

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Uniform information on margin-stopped products is coming – mandatory sign in all affected stores

New regulations regarding the margin freeze will come into effect on March 29: according to a newly published government decree, all affected stores must inform customers with a mandatory sign...

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Declining number of companies, slowing closures – where is the Hungarian entrepreneurial sector heading?

The number of partnerships has already decreased by more than 2,000 this year. Although the GKI business confidence index showed an improvement, the number of businesses does not yet reflect...

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Viktor Orbán: retail chains made huge profits on food, we had to intervene

Retail chains have made huge profits on food. We had to intervene, Prime Minister Viktor Orbán said in a video posted on the Hungarian government’s Facebook page on Sunday. He...

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The Food Rescue Center is helping again!

The Food Rescue Center Nonprofit Ltd. (ÉMK) is launching this year’s Easter Food Donation Charity Campaign, within the framework of which donations are being accepted for members of the National...

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The Cup Revolution success story continues under the name RevoUnion

Hungary’s leading reuse system, Cup Revolution, continues its operations with a new name and location, an expanded product portfolio and international expansion. With the RevoUnion umbrella brand, the company aims...

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Voting with our wallets – do boycotts still work in a consumer society?

In recent years, news about consumer boycotts has been popping up again and again: political involvement, international conflicts, or even the content of an advertising campaign is enough for tens...

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Primary producers may be excluded from VAT refunds

Although the government would start refunding food VAT for pensioners this year, several experts warn that primary producers and their customers could be left out of the system – writes...

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Margin freeze here or there – has Hungarian shopping become cheaper? A test of prices in three countries

In the spring of 2024, the Hungarian government introduced another measure to curb inflation: a mark-up cap came into effect on 30 basic foodstuffs, the maximum mark-up of which was...

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K&H: under 100 thousand forints or over 2 million

Young people have an average of 669 thousand forints in reserves, and according to detailed data, many would only be able to live on their accumulated reserves for a very...

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Carlsberg is once again the official beer of UEFA national team tournaments

Carlsberg has signed a long-term partnership agreement with UEFA to become the Official Beer of UEFA national team competitions. As part of the partnership, Carlsberg will receive exclusive distribution rights...

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New rules in agriculture: the producer protection package is coming – what does this mean in practice?

On January 1, 2025, the agricultural sector’s new legislative package, the producer protection package, entered into force, aiming to protect agricultural producers and make contractual relations between market participants more...

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Private label products added to customers’ shopping carts at a record rate

In February, more than three-quarters of Kifli.hu customers chose from the online supermarket’s own-brand products – this is the highest rate so far, but over the past year, at least...

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New call aims to develop short supply chains

A new tender has been launched to support the development and establishment of short supply chains (REL) with a budget of 1.6 billion forints, and applications for support will be...

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The domestic hospitality industry is in a difficult situation

The current situation of Hungarian hospitality is twofold: while Budapest is becoming increasingly popular among tourists and its gastronomic offer is expanding year by year, restaurants in the countryside are...

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Two billion investment: Lurdy House is a defining player in Budapest’s business and service sector

With a development worth nearly two billion forints, the Lurdy House has been completely transformed, and is now one of the most modern, multifunctional business and service centers in the...

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Many Hungarian-owned stores are also in trouble due to the one billion markup limit

“Close.” – this is how the manager of a rural franchise store answered the question of what he could do in the shadow of the newly introduced margin freeze. And...

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