Events
For businesses to grow, expanding their credit portfolio is essential.
For businesses to grow, it is essential to expand their credit portfolio, stressed Zsuzsanna Lukács, Deputy State Secretary for Enterprise Protection at the Ministry of National Economy (NGM), on Tuesday...
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Trenkwalder: student workers can expect an average hourly wage of 8 percent higher this summer season
According to data from the ELTE-Trenkwalder School Cooperative in mid-May, employers are offering students an 8 percent higher hourly wage this year, averaging around 2,150 forints. According to the employment...
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More home office job opportunities have opened up in the past year than in the year before
Last year, the majority of affected employees expected a tightening of the regulations regarding home office at their workplace, but when examining the advertised jobs, this phenomenon is not confirmed....
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May 20th is World Bee Day
Get back to nature. Certainly, this advice is often given, whether we are struggling with mental or physical problems. Being close to nature, and especially the presence of bees, can...
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The FAO European Foot-and-Mouth Disease Committee held its plenary session in early May
The FAO Foot-and-Mouth Disease Committee (EuFMD) reviewed and assessed the European situation of the disease at its plenary session in early May. At the meeting, Dr. Szabolcs Pásztor, Chief Veterinary...
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New grant programmes in the field of sustainability
European and domestic agricultural practices are increasingly driven by the green standards of the European Union, state secretary Zsolt Feldman told at a conference. This article is available for reading...
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Pesticide residues in food: What is the situation in the EU?
The risk to human health from pesticide residues remains low, according to the latest report from the European Food Safety Authority (EFSA) for 2023. The results show that 99% of...
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The price of both domestic and imported strawberries has increased
According to Eurostat data, in recent years, 5–7.7 thousand tons of strawberries have been harvested annually in Hungary. Experts expected the harvest of strawberries grown in open fields to begin...
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Lidl Italia Has Invested Over €2.1bn In Italy In Past Five Years
Lidl Italia has invested over €2.1 billion in Italy over the past five years, primarily in new stores, logistics centres, and renovations, reflecting a 35.7% increase, compared to the previous...
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Pan-European farmers’ demonstration against the withdrawal of EU agricultural subsidies
A pan-European farmers’ demonstration was held in Brussels today by the EU producer organisation Copa-Cogeca and 70 European agricultural interest groups. The participants of the action, held with the participation...
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Supporting the beekeeping sector is a strategic interest
Supporting the beekeeping sector and maintaining the interest in beekeeping at an appropriate level is a national strategic interest. The Ministry of Agriculture has paid special attention to the sector,...
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Valio to invest €30m in Finland cheese plant
An automated cheese maturation warehouse will be built at the Joensuu plant, which accounts for “one third” of Valio’s cheese output. Finland-based dairy giant Valio is to invest around €30m...
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Innocent Drinks calls for better access to healthy food
Innocent Drinks, a number of charity partners and the IGD, has published an open letter to launch a new campaign to improve public access to fresh fruit and vegetables. A...
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Compound fertilizer sales increased by 45 percent
Fertilizer distributors sold 518 thousand tons of fertilizer directly to farmers in the first quarter of 2025. Although the volume sold was 2.1 percent less than a year earlier, due...
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Border inspection inspections have started this year too
Government agencies have started the implementation of the 2025 border inspection inspections. According to the law, the land must be utilized with production appropriate to the field of cultivation, or...
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The “Inno d’Or – Innovation of the Year 2025” awards were presented on Innovation Day
This year marked the fifth edition of the Inno d’Or – Innovation of the Year competition, initiated by Trade magazin. As in previous years, the award ceremony was accompanied by...
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Consumer prices in the euro area rose by 2.2 percent in April, following March
The annual inflation rate in the euro area was 2.2 percent in April, in line with the preliminary estimate, unchanged from the previous month, according to the Harmonised Index of...
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Business, innovation and networking: FRUIT LOGISTICA
Berlin hosted FRUIT LOGISTICA, the world’s leading trade fair for fresh fruit and vegetables on 5-7 February 2025. This article is available for reading in Trade magazin 2025/5. The event...
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British spirits company Diageo’s quarterly revenue increased
Diageo, one of the world’s leading premium drinks manufacturers and distributors, reported a quarterly increase in revenue. The British-based company, which also owns the Johnnie Walker whiskey and Guinness beer...
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EU forecast: moderate growth expected despite global economic uncertainty
Despite heightened global political uncertainty and trade tensions, the European Union’s economic growth will moderate this year, with GDP growing by 1.1 percent in the EU and 0.9 percent in...
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Stores are refraining from cross-pricing – but the government is still watching
Bence Gerlaki, State Secretary for Tax Affairs, Consumer Protection and Trade at the Ministry of National Economy, and Izabella Talián, Head of the Trade Policy Department, assessed the effects of...
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It really is about saving your skin!
In 2024 the Hungarian personal care market grew moderately, mainly driven by inflation. This article is available for reading in Trade magazin 2025/5. Value sales were up, while volume sales...
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Margin reduction in drugstores: prices will be reduced on hundreds of products from May 19
In his Facebook post on Monday morning, Minister of National Economy Márton Nagy reminded: “From today, the margin reduction will also start in drugstores! Everyone should pay attention to prices!”...
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Seven Hungarian food companies will be presenting at the SIAL exhibition in Shanghai
A community stand with the participation of seven Hungarian companies was opened within the framework of the Hungarian Food Business Program (HFBP) at the largest food industry exhibition in Asia,...
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Barcodes are being replaced after half a century
A new era in retail is about to begin: the GS1 standard QR codes will be introduced worldwide to replace traditional barcodes. The new two-dimensional codes carry more and more...
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Spain’s inflation slows to six-month low in April
In Spain, annual consumer price inflation fell to 2.2 percent in April, in line with preliminary estimates, the lowest since October last year, from 2.3 percent in March, according to...
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Summer student work season is here: you need to act now
The summer season is approaching, and the student job market is already in full swing: the most popular student jobs are filled within days, while companies are also showing increasing...
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SME Strategies and Industrial Real Estate Market Responses in 2025
Hungarian small and medium-sized enterprises (SMEs) are struggling to survive in a challenging economic environment – balancing inflation, financing obstacles and investment pressure. The HAD Real Estate Business Brunch, held...
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Sainsbury’s partners with Royal Mail to install parcel lockers in stores
Sainsbury’s is the first UK chain to join Royal Mail’s rapidly expanding parcel delivery network. The service is already up and running in six Sainsbury’s stores. This article is available...
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Huge announcements expected at the XII. Laurel Retail Conference
For the twelfth time, the decision-makers of the Hungarian retail industry are being hosted by our country’s leading retail IT company, Laurel. The timing of the event, which will take...
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