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The National Trade Association has developed proposals for the elimination of margin-cutting measures

The National Trade Association (OKSZ) has submitted to the government a research study by GKI Economic Research Co. (GKI) analyzing the economic impact of the margin cap, which concludes that...

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The regulation is changing – GDPR strictness is being relaxed

The European Commission is planning to ease the GDPR for companies with fewer than 750 employees, recognising that the current regulation places a disproportionate burden on smaller businesses. Under the...

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Pensioners will receive a 30,000-forint food voucher

Pensioners will receive a 30,000-forint food voucher – announced the Parliamentary State Secretary of the Ministry of Culture and Innovation in a video shared on his social media page on...

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Display 2.0 – the sales floor of the future

In-store display is becoming a smart device – we could learn at Shop! Global Retail Trade Association’s April webinar, where Bram van Schijndel Tromp, the CEO of Pure Value Europe...

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The MVM Dome was filled with 5,500 beauty fans

The 4th Rossmann x Krémmánia Beauty Expo, held at the MVM Dome between May 23 and 24, attracted more interest than ever before. The two-day event brought together beauty enthusiasts...

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(HU) Rekordméretű vagyonkoncentráció Magyarországon

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Violife rolls out creamy coffee whitener made from lentils

Violife®, the number one dairy-free, plant-based cheese brand in the US, has done coffee lovers a favour: the recently launched Violife Supreme Coffee Creamer, available in three flavours – Tempting...

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Waberer’s acquired majority ownership in Pannon-Busz-Rent Kft.

Waberer’s International Plc. has entered the passenger transport market after acquiring a 51 percent stake in Pannon-Busz-Rent Kft., the international transport and logistics service company informed MTI on Monday. According...

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Colliers: Central and Eastern European commercial real estate market recovery continued in the first quarter

The Central and Eastern European commercial real estate market continued to boom in the first quarter, with investment inflows to the region up 143 percent year-on-year, led by the Czech...

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Retail sales growth accelerated in Poland and unemployment fell in April

In Poland, retail sales in April accelerated strongly in April, the most since May 2022, after a decline in March, while unemployment decreased compared to March. Retail sales increased by...

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Hungarian Innovation Association: more resources are needed to keep up with the international pace of innovation

In order to catch up with the international pace of innovation, a new approach and more resources are needed in terms of nurturing student talent, financing startups, and developing the...

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AM: Ministry of Agriculture launches new tender to help prevent animal diseases

Following the emergence of the foot-and-mouth disease virus, the Ministry of Agriculture (AM) is launching a new tender to help increase the resilience of farms to animal diseases. Farmers will...

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Eleven Countries Demand EU Weakens Deforestation Law Further, Document Shows

The European Union is facing further pressure from member countries to delay and weaken its upcoming law to restrict deforestation, with 11 governments demanding changes, a document seen by Reuters...

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Lidl Announces Largest Price Reduction in Its History as Competitors Follow Suit

Lidl has unveiled the biggest price reduction in its corporate history, aiming to permanently cut prices of more than 500 products—by up to 35% in some regions. The move comes...

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Impressive productivity growth in domestic retail trade

Labour productivity improvement in Hungarian retail trade by 2023 (vs. 2010) was outstanding at 50% if compared to the country as a whole at 15% or the manufacturing sector at 8%....

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PepsiCo to double investment at Kazakhstan salty snacks plant

PepsiCo plans to double investment and more than triple output capacity at an under-construction salty snacks plant in Kazakhstan, aiming to produce at full capacity by 2027. The fresh investment...

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Circle K and Couche-Tard: Expanding the Convenience Frontier in Europe

Circle K is redefining petrol stations into convenience food hubs. Parent company, Canadian multinational Alimentation Couche-Tard, is one of the largest convenience store operators globally with more than 16,900 stores...

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NAV: more than 460 liters of illegal pálinka and hundreds of packs of cigarettes found at a house

The National Tax and Customs Administration (NAV) has discovered homemade distilleries, more than 460 liters of unlicensed alcohol and hundreds of boxes of illegal cigarettes in Pest County, the agency...

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National Chamber of Agriculture and Rural Development is preparing an information platform

The National Chamber of Agriculture and Rural Development (NAK) is preparing a platform presenting digital solutions and precision services – NAK told MTI on Friday. The interest representation makes technologies...

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(HU) A nap mondása

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Organic food is only sold in Hungary through imports – public catering could be a breaking point

Although the domestic retail turnover of organic food is growing dynamically, household consumption is still low, and the majority of production is exported. According to domestic organic producers, the solution...

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The single market would get a new boost: EU strategy to break down trade barriers

The European Commission is set to revamp the single market with a new strategy: the aim is to boost the EU’s economic performance and competitiveness by removing trade barriers between...

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It’s not up to pharmacies – voluntary price cap is coming?

The government has set a goal of reducing the price of non-subsidized medicines, but according to the Minister of National Economy, it does not expect this from pharmacies. Márton Nagy...

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Distant but open door: Hungarian companies see opportunities in Uzbekistan

Although geographically and culturally distant, Uzbekistan could be one of the most promising new markets for Hungarian companies – at least this is what the Uzbek-Hungarian business forum held in...

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Prices of most dairy products decreased in April

According to AKI PÁIR data, the national average producer price of raw milk in Hungary was 203.26 forints/kilogram in April 2025. Despite a 0.07 percentage point decline in fat content...

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Billion-dollar market and fragile credibility – this is how Hungarian influencer marketing is transforming

The domestic market for influencer marketing is showing dynamic growth: according to IAB Hungary, the sector’s advertising spending will amount to HUF 8.1 billion in 2024, which is a 31%...

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May frosts: grape shoots and seedlings in danger

Although folk wisdom calls May rain a golden time – and in recent days it has finally reached the Great Plain – the cold nights at the end of the...

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European Central Bank: Water scarcity is the most significant natural risk to the European economy

Surface water scarcity is the most significant natural risk to the European economy, the Luxembourg Times, an English-language Luxembourg news portal, reported on Friday, describing research by the European Central...

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Growing cherry harvest predicted in France by 2025

Despite the decline in the area under cherry cultivation in France, according to a flash report issued by Agreste in early May, this year’s harvest could exceed 35,000 tonnes, 6%...

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Digital transition: the number of electronic signatures is increasing at a faster rate

The number of electronic signatures is growing at a faster rate than last year, with Microsec issuing more new electronic signature certificates in the first four months of this year...

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