Company and Personal News
€290 billion economic footprint: PMI is the driver of the EU’s smoke-free future
Philip Morris International (PMI) created almost €290 billion in economic value in the EU between 2019 and 2023, indirectly supporting 1 million jobs, investing €19.6 billion in SME suppliers and...
Read more
Hungarian-based industrial real estate developer writes a success story
HelloParks, an industrial real estate developer belonging to the Futureal Group, is celebrating its fifth anniversary, completing the development of more than 500,000 square meters of warehouse space in the...
Read more
UBM closes acquisition of Agrifirm Hungary Zrt.
The UBM group has successfully closed the acquisition of Agrifirm Hungary Zrt., which is part of the Dutch Royal Agrifirm Group, and will continue its activities under the name UBM...
Read more
Focus on rural SMEs – the “Rural Entrepreneur of the Year” award and the Rural Entrepreneurs’ Night are launched
For the first time in Hungary, only rural micro, small, and medium-sized enterprises will be awarded. Organized by the Modern & Stylish Countryside Business Community (MSVK), the Night of Rural...
Read more
Fraudsters misuse the names of CyberShield and a grocery store chain
Fraudsters are misusing the names of Cyber Shield and a grocery store chain, and it is advisable for affected citizens to contact the police, the Hungarian National Bank (MNB) told...
Read more
Corporate operations are changing – you can no longer stay competitive by simply cutting costs
Companies are increasingly looking for new types of partners in the managed services market. Traditional outsourcing is no longer enough: according to the latest research from KPMG, nearly three-quarters of...
Read more
#NoBirdFlu: new toolkit on avian influenza available
A new communication toolkit jointly published by the European Food Safety Authority (EFSA) and the European Commission is helping farmers and farm workers to protect themselves against avian influenza. In...
Read more
New directions in warehousing
In the warehousing sector the regulatory environment is undergoing big changes: the introduction of the Logistics Park certification from 2025 set a new entry threshold, especially for larger capacity providers....
Read more
MBH Bank: The forint can certainly remain strong until the end of the year
The forint exchange rate has strengthened to a two-year high in recent days, and its momentum against the euro may persist for the rest of the year. The strength of...
Read more
Nébih at OMÉK: knowledge, entertainment and tasting
The National Food Chain Safety Office (Nébih) will also participate in the 82nd National Agricultural and Food Industry Exhibition and Fair (OMÉK) between 18-21 September 2025. The event, which presents...
Read more
OTP Bank helps its customers with a new security feature against transfer fraudsters
OTP Mobilbank’s new security feature, Transfer Guard, provides protection against transfer fraud. When activated, online transfers of larger amounts must be approved by an authorized person designated by the account...
Read more
K&H: How much does an apartment with a Home Start loan cost?
The Home Start Program was launched in September, and in the first few days, more than a thousand applications were received by K&H. Under the program, those affected can purchase...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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”...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
The state banned the purchase of Alföldi Tej
The Hungarian state has prevented a foreign group of companies – according to market information, a Greek company – from acquiring a 100 percent stake in Alföldi Tej Kft., the...
Read more