News and articles
An important deadline is approaching for entrepreneurs in Kata
An important deadline is approaching for kata entrepreneurs: they must submit their tax returns for the previous year by February 25. The Számlázz.hu database, which has nearly 800,000 registered businesses,...
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The European organic market is on a growth path again, Hungary has moved into the first quarter of the global field with its organic area ratio
The latest statistics on the global development of organic farming are available. The statistical yearbook “The World of Organic Agriculture” was presented on 11 February 2025 at BIOFACH, the world’s...
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The digital transformation index of Hungarian companies has plummeted
According to the K&H 2024 second half innovation index research, the innovation activity of Hungarian companies has fallen sharply in recent times. The implemented innovation sub-index has shown a significant...
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Valentine’s Day chocolate gift giving has become a luxury
In Belgium, Valentine’s Day chocolates have traditionally symbolized the intensity of love, but this year they are more a testament to the depth of one’s wallet. Due to the soaring...
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Hungarian e-commerce: why Hungarian-owned players were forced to retreat
What had been expected for years has happened: in the rapidly developing electronic retail and logistics sector, Hungarian-owned players have been unable to compete with foreign players. The result: the...
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The EU will take firm action against measures that hinder free trade
The European Commission considers US President Donald Trump’s trade policy based on the principle of “reciprocity” a step in the wrong direction, does not see the increase in export tariffs...
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Current developments could determine the future of winemaking for decades
The future of Hungarian winemaking may be determined for decades by current developments, and producers must adapt to the changes shaping the market in the long term, said the State...
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The impact of bird flu is also being felt in trade
The United States is facing a growing egg shortage as bird flu has decimated the egg population in recent years. More than 100 million laying hens have died since 2022,...
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The proportion of sugary soft drinks on the shelves of domestic stores is decreasing
In recent years, the supply of sugary soft drinks in domestic stores has decreased significantly, which is welcomed by dieticians. The trend was partly shaped by efforts to reduce global...
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Where are you Hungarian innovation? Where are you Hungarian innovators?
99% of Hungarian companies do not know that they can start with just one idea in a 100% intensity application, and that the EU offers complex support systems almost at...
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Chamber of Commerce’s little smart guy helps producers involved in farm transfers
The National Chamber of Agriculture has prepared a guide for its membership on farm transfer. The detailed flowchart and information sheet present the most important steps and deadlines for farm...
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Change of leadership at the top of the Foxpost parcel delivery service
Following the sale of the Foxpost parcel delivery service last year, the company’s two founders, CEO Ádám Bengyel and Commercial Director Péter Lányfalvi, are leaving; Zoltán Radeczy, acting CEO of...
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Auchan contributed more than 1 billion forints to the well-being of domestic communities
Auchan Hungary provided various types of support to various groups of Hungarian society in 2024, totaling 1 billion 10 million forints. The majority of this came from donations of salvaged...
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Growth continues, MediaMarkt has found its way to the hearts of customers
MediaMarkt’s parent company, Ceconomy, saw significant growth in both turnover and profit in the first quarter of the 2024/25 financial year, despite the difficult economic situation, the group said in...
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Starbucks: expansion in the Middle East and China, layoffs in America
Starbucks has announced ambitious plans for the coming years: it will open an average of 100 new stores a year in the Middle East and plans a major expansion in...
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Coffee Bar Bazaar with a record number of exhibitors
A record number of exhibitors are coming to the 15th KávéBár Bázár, which, in addition to tastings, will offer workshops, coffee championships and prize games on Saturday and Sunday in...
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The Czech Republic exported a record amount of beer last year
Czech breweries exported a record 6.13 million hectoliters of beer last year, the Czech Statistical Office announced in Prague on Friday. The largest volumes of Czech beer were consumed in...
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The Hungarian Competition Authority (GVH) fined the food ordering portal Foodora more than 35 million forints for deceiving consumers
Foodora deceived consumers, so the Hungarian Competition Authority (GVH) imposed a fine of more than 35 million forints on the operator of the food ordering portal – the authority announced...
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foodora: Condoms are being ordered as early as 7am on Valentine’s Day
Florists are busy, but many people also order chocolate and alcohol to their homes on February 14, according to foodora data. Most flowers are placed in virtual baskets in Budapest,...
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The growth of Hungarian e-commerce is now driven by imports
In 2024, the entire Hungarian e-commerce market, based on PwC’s measurements between Q1-Q3 and preliminary data for Q4, could reach a turnover of 1920 billion forints with a 15% increase...
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More than 2,400 samples competed at the 15th Quintessence Pálinka and Distillate Competition
A record number of more than 2,400 samples competed at the 15th anniversary Quintessence Pálinka and Distillate Competition in Debrecen, the organizers told MTI on Sunday. A total of 2,402...
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The government considers logistics to be a key sector of the Hungarian economy
Logistics is a key sector of the Hungarian economy, and the government has supported and continues to support numerous investments in the sector, Minister of Foreign Affairs and Trade Péter...
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Husqvarna and Liverpool’s unique global partnership opens new paths
Husqvarna is proud to be a partner of Liverpool Football Club, one of the world’s most iconic football clubs. As part of a multi-year global agreement, Husqvarna will become the...
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Prague is also struggling in the trap of mass tourism
Prague’s world-famous attractions attract millions of tourists every year, but mass tourism is causing increasingly serious problems in the Czech capital. The Charles Bridge is flooded with visitors, and locals...
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Siófok was the most popular domestic, rural destination last year
Siófok has once again become the country’s most popular rural destination in domestic tourism based on the total number of guest nights last year, the city said in a statement....
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Inflation in Romania slowed to 4.95 percent in January
The annual inflation rate in Romania fell to 4.95 percent in January, the National Institute of Statistics (INS) announced on Friday. In December, the consumer price index was 5.14 percent...
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BSE Legek: Equilor wins the “Investment Service Provider of the Year” award again
Equilor Befektetési Zrt was awarded the “Investment Service Provider of the Year” award by the Budapest Stock Exchange’s professional jury at the BÉT Legek 2024 awards ceremony. The recognition was...
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Hungarians have a hard time filtering out fake news, especially for young people
Fake news poses a threat to more than half of young people – this is revealed by the answers to the first Big Student Awareness Net Test. The national educational...
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More guest nights, but fewer spa guests, were registered in Zalakaros last year
Compared to the previous year, the number of guest nights in Zalakaros increased by almost 7 percent last year, but 4 percent fewer guests visited the Zalakaros Spa – the...
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Raisio to divest plant protein business to Valio in €7M deal amid market shift
Finnish food company Raisio is selling its plant protein business and fava bean brands Härkis and Beanit to Valio for €7 million (US$7.28 million). The sale agreement also includes fixed...
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