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What would István Csók say about tablet banking?
If Oktogon could tell a story, perhaps it would first talk about how many horse-drawn carriages have rattled past it, how many gentlemen in checkered coats have entered Abbázia for...
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Inflation in Austria accelerated to 4.1 percent in August
Austria’s annual consumer price inflation rose to 4.1 percent in August, the fastest since March last year, after a 3.6 percent increase in July, the Austrian statistical office (Bundesanstalt Statistik...
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Poultry feeds accounted for nearly half of last year’s feed production
In Hungary, mixing plants produced 3.8 million tons of farm animal feed mixtures in 2024, 4.1 percent more than the previous year. Poultry feeds accounted for 48.3 percent (1.84 million...
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More from less – this is how the world is cooking in 2025
Euromonitor has published the results of its recent 100-country research on key trends shaping the cooking ingredients and ready meals market. It has identified five main trends with a significant...
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This year, the best in private banking, asset management, and premium banking were awarded again
The private banking and wealth management profession once again chose the service providers with the most outstanding performance in 2025. The Private Banking Hungary Award, announced since 2015 as the...
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Consumer consciousness is limited by our wallets
According to PwC’s Voice of the Consumer survey, which summarises the opinions of more than 21,000 consumers in 28 countries, shoppers would primarily buy food products that are in line...
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EcoVadis recognition: Lucart once again among the global sustainability leaders
Lucart, an Italian multinational paper group with a production facility in Nyergesújfalu, has been awarded the Platinum rating for the fourth consecutive year by the independent agency EcoVadis, the most...
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Dr Nikolaus Kriz takes on the role of new EFSA Executive Director
From 1 September 2025, Nikolaus Kriz officially took up the role of EFSA Executive Director following his appointment by the Management Board. An Austrian veterinarian with over 30 years of...
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Domestic egg packing house prices have increased significantly
According to data from the Central Statistical Office, Hungary purchased 9.8 thousand tons of shell eggs from the international market in the first seven months of 2025 (–41 percent compared...
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Swiss Supermarkets Embrace Cryptocurrency Payments
In Switzerland, a new chapter in the evolution of payment methods is unfolding: customers at the Spar supermarket chain can now pay not only in Swiss francs but also with...
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The Ministry of Agriculture is facilitating sustainable farming with new simplifications
The Hungarian government is determined to provide farmers with a flexible support system, which is why administrative burdens and mandatory inspections are being reduced, as well as sanctions – announced...
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Lactalis sets out France capex programme
Lactalis, the world’s largest dairy company, has 69 dairies across France and markets around 6,000 SKUs in the country. French dairy giant Lactalis is to invest €1bn ($1.18bn) into “modernising”...
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NAK-FruitVeB: demand for table grapes is growing
According to the overview of the National Chamber of Agriculture and the Hungarian Fruit and Vegetable Interprofessional Organization (FruitVeB), with the right variety selection, application of production technology and increased...
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EuroShop turns 60: From a showcase trade fair to a global retail festival
A trade fair that doesn’t ask what is being sold, but how: EuroShop was launched in Düsseldorf in 1966 with this idea in mind, focusing on a topic that was...
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The price of slaughter cattle has increased further
According to the AKI slaughter statistics, in the January-July 2025 period, cattle slaughter in live weight increased by almost 34 percent compared to the January-July 2024 volume. The slaughter of...
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More than a million pensioners have already received food vouchers
We are making good progress, more than a million pensioners have already received food vouchers – stated the Parliamentary State Secretary of the Ministry of Culture and Innovation in a...
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Imre Hubai: Hungarian farmers are not alone, they can continue to count on the government’s help
Hungarian farmers are not alone, they can continue to count on the cooperation that the government provides in their interest with support schemes and other benefits – emphasized the State...
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KSH: the gross average salary was 693,700 forints, 9.0 percent higher than a year earlier.
In July, the average gross salary of full-time employees was 693,700 forints, and the average net salary was 479,500 forints. The average gross salary was 9.0 percent, the average net...
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Corn market: weak harvest, growing uncertainty, shifting imports
The 2025 Hungarian corn harvest will not be sufficient to cover domestic consumption due to quantitative and qualitative problems. The food industry, feed production, isosugar and bioethanol industries can all...
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Exotic flavors, record-long kürtőskalács and native animals at the 82nd OMÉK
From exotic specialties to the Guinness-record-breaking kürtőskalács, from native animals to gastronomic demonstrations, the 82nd National Agricultural and Food Exhibition and Fair (OMÉK) awaits its visitors with countless exciting programs....
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Data-driven decisions
Digitalisation is the driving force behind the development of domestic tracking systems. Technological innovation focuses on the visualisation and analysis of real-time data, with a particular emphasis on solutions tailored...
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ZEW: Economic sentiment in Germany improved in September
Instead of the deterioration expected by analysts, the German economic sentiment index of the ZEW economic research institute improved in September, according to data published on the institute’s website on...
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The 3rd Open Markets Day will be held at 22 locations across the country
The Open Markets Day will be held again this year, for the third time, and 22 markets and market halls across the country will welcome visitors on September 19-20, the...
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Companies are waiting, calculating and delivering – new room for manoeuvre on the fleet market
A cikk a Trade magazin 2025/8-9. lapszámában olvasható. “Nowadays, it is increasingly difficult for both large companies and SMEs to plan for the long term, so they are making even...
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National business development roadshow launches in collaboration with the Chamber of Commerce
The Ministry of Culture and Innovation (KIM) will launch a national entrepreneurship development roadshow between September and December, jointly with the Hungarian Chamber of Commerce and Industry (MKIK), with the...
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Innovation and growth with the support of the Demján Sándor Program at Sz.Variáns Kft. in Debrecen
With the support of the Demján Sándor Program, Sz. Variáns Kft. from Debrecen has reached another milestone. Since 1994, the family-owned company has been producing premium boxes, printed products, and...
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Duplicity in Hungarian corporate AI applications – island-like solutions can cause more harm than good
Despite the fact that the market for artificial intelligence solutions continues to grow at a high rate, more and more people are sounding the alarm in the corporate sector worldwide....
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Simple Classic is being discontinued – the renewed application arrives with new features
The older version of the Simple application, Simple Classic, will be permanently phased out at the end of 2025, HVG announced. Users should switch to the new generation version in...
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Hungarian salaries keep up the pace
According to current prospects, this year’s pace may remain next year, although the change in minimum wages poses uncertainty. In addition, there is an interesting fact to be seen in...
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