News and articles

Frozen food brands face the challenge

During the COVID period demand for frozen food increased, but then came the hike in electricity prices from the summer of 2022, which made many retailers cut their refrigeration capacity...

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Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles

Magyar Posta expects to deliver more than 7 million packages during the holiday season, and to accommodate the increased traffic, 130 new vehicles will be put into service by the...

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Signature 40 once again – Signature Platform takes things to the next level: Signature Alumni Club launched

This article is available for reading in Trade magazin 2024/11 Márton Nagy: – We are happy to report that we took things to the next level, as we received exactly...

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Food production cannot be successful without adaptation, development and innovation

Despite the unfavorable economic environment and the challenges caused by climate change, farmers have not given up on investments. Those who envision their future in agriculture in the long term...

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Digital wallets are also gaining ground in the online space: a quarter of Barion’s forint transactions already go through them

The use of digital wallets has exploded this year. At the beginning of 2024, only 10% of forint transactions on the Hungarian online payment solutions platform Barion were made using...

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AI in the clouds: artificial intelligence is transforming aviation before our eyes

Airlines and airports are already using a number of AI-based solutions in the areas of fuel optimization, air traffic control, on-board service or vehicle maintenance. However, the sky is the...

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Open for Business: LGBTQ+ inclusion has serious economic benefits

The Open for Business coalition, which includes global corporations, released a new report this week that examines the economic benefits of LGBTQ+ inclusion in Hungary. The report estimates that LGBTQ+...

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There are many applications, yet effective recruitment is often a challenge for domestic companies

The experiences and ideas of Hungarian companies regarding workforce management have changed only minimally, but the fluctuation has typically decreased since last year. The number of job applications has been...

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Protechtor Future Summit: Economic and political experts are already expecting a collapse, but optimism remains unwavering among business leaders

Climate change, epidemics, resource shortages, security threats – there have always been crises, but there has never been an example of so many crises challenging humanity at the same time,...

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The price of bunch tomatoes has changed minimally

According to the WPTC’s October forecast, the volume of industrial tomatoes in Hungary may increase by 9 percent to 120 thousand tons in 2024 compared to 2023. According to KSH...

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Sándor Czomba: the three-year wage agreement means security for both employees and employers

The three-year wage agreement provides security and predictability for both employees and employers, the State Secretary for Employment Policy of the Ministry of National Economy (NGM) emphasized on Tuesday in...

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When Bocuse winners meet

In September Christian André Pettersen from Norway gave a cooking demonstration and workshop for Hungarian chefs at METRO’s knowledge centre, and together with Bence Dalnoki he prepared a six-course tasting...

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21% of Christmas parties will be alcohol-free this year

More than one in five Christmas parties being celebrated in 2024 will not be serving alcohol, according to new research. The data, gathered from event booking platform Togather, revealed that...

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One of the main drivers of domestic retail is the pharmaceutical trade

The pharmaceutical industry is a very important industry in the Hungarian economy, emphasized Minister of National Economy Márton Nagy in his opening speech at the conference organized by the Hungarian...

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A new basic book on organic farming has been published

The basic book on organic farming in Hungarian has received an updated edition. This is the 4th, revised edition of the work of Dr. Péter Roszík, the managing director of...

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Europe’s cheapest Christmas market is here now

The Christmas market in Sibiu, Transylvania, has now become one of the most popular Advent events in Europe, and in 2024, according to the British Eurochange survey, it was also...

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The conference on the future of agriculture was held with great interest

The National Chamber of Agriculture (NAK) recently organized its event focusing on agri-tech innovations and the future of agriculture, the Agtech SUMMIT. The event welcomed those interested in agricultural innovations...

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SPAR Austria is main sponsor of FIS Alpine Ski World Championships Saalbach 2025

SPAR Austria has announced it has become the official main sponsor of the FIS Alpine Ski World Championships in Saalbach in 2025.  This new sponsorship builds on SPAR Austria’s longstanding...

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VOSZ Barometer: business sentiment is worsening again

The results of the VOSZ Barometer for the third quarter of 2024 declined in most parameters, it was revealed at a joint press briefing of the National Association of Entrepreneurs...

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The Cyclist-Friendly Service Provider of the Year was elected

The Hungarian Cycling Tourism Association (MAKETUSZ) has awarded the Cyclist-Friendly Service Provider of the Year award for the second time, and the title was won by Sarudi Töltés Fröccterasz és...

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Rakuten and L’Oréal Japan partner to deliver personalised beauty solutions

The partnership will leverage Rakuten’s AI and marketing data alongside L’Oréal’s advanced beauty technology. Rakuten Group, Inc. and L’Oréal Japan have announced plans to collaborate on delivering highly personalised beauty...

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7+1 car cleaning tips for the gray autumn-winter period

Verőfényes napsütésben minden apró folt rögtön feltűnik az autónkon, és jó időben az autómosás is kellemes kikapcsolódásnak bizonyul, ezért hajlamosak vagyunk a jó időben gyakrabban tisztítani az autónkat. Pedig az...

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Wheat prices are changing dynamically on the market

According to Tallage’s October information, the spot market price of 12.5 percent protein milling wheat in Germany (FOB Hamburg) decreased by $13 to $271/ton between October 7 and November 7....

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(HU) Kocsimosó a szupermarketben – A nap képe

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

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(HU) Vezeték nélküli elektromos dugóhúzó – A nap videója

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(HU) A nap mondása

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Hot tea in cold weather

This article is available for reading in Trade magazin 2024/11 Where are the days of COVID, when tea sales were booming? The market is currently in decline, and Balázs Rádi,...

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Viktor Orbán: economic growth exceeding three percent is realistic next year

Economic growth exceeding three percent in 2025 is realistic in Hungary, the Prime Minister declared in Budapest on Monday. When signing the three-year wage agreement, Viktor Orbán said that the...

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The pork sector is in a difficult situation: rising costs, falling consumption and changing habits

The domestic and EU pork sector has been facing challenges for years, hit by rising procurement and energy prices, falling consumption, and a changing social perception of the sector. Tamás...

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The Ministry of Finance asks people to spend in an information letter

The Ministry of National Economy (NGM) will inform members of the voluntary pension fund in an information letter that they can use their savings for housing purposes tax-free from 2025,...

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