News and articles
Service charge is not a tip – here’s the difference between the two
There is often great uncertainty as to whether the service charge, which is now almost universally used, is the same as a tip, and whether it is necessary or appropriate...
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Márton Nagy: the government is keeping inflation low, the emphasis should be on increasing productivity
According to the latest data from the Central Statistical Office, inflation remained at a favorable, permanently low level in November, in line with preliminary government signals and market expectations. In...
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GUVET high fashion clothing brand breaks into the global market with Hungarian goose feathers
On December 3rd, FBZ Hungária, the largest Hungarian down distributor, announced a strategic agreement with the Chinese luxury down jacket brand GUVET in Budapest. Thanks to the cooperation, this year...
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AM: the Szupermenta product test program provides additional information for purchase
The National Food Chain Safety Office (Nébih) Szupermenta product test program provides important additional information for conscious shopping – emphasized Olga Beáta Felkai, Deputy State Secretary responsible for the food...
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You can still shop in PENNY stores on December 24th
It is important for PENNY Hungary to ensure that its customers can shop during the holidays, but at the same time, the commitment to employees also played a decisive role...
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European Union launches another Innovation Fund round
A new round of the European Commission’s Innovation Fund is expected to open in November, with more than EUR 3bn in funding for companies to make green investments. This article...
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New Hungarian MICHELIN-starred and Green Star restaurant
Today, Michelin revealed the restaurants that have been included in the MICHELIN Guide Hungary 2024 edition. The 2024 edition of the Guide recommends a total of 78 restaurants: 34 in...
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The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds, compliance with the rules on the identification and tracking of animals is expected. The Hungarian State Treasury carries out the...
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Tapolca – 2024
Since Trade magazin has been organising the Business Day conference – the story began more than 20 years ago – I have attended almost all of them and I hope...
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On self-acceptance, self-liberation and the gift of everyday life – We were learning together (Business Days 2024 Part 2)
On Friday at the Business Days conference it was all about winding down after a week of intense focus, in preparation for the upcoming weekend: the final day was about...
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PENNY: committed to domestic values
In 2024 PENNY’s commitment to Hungarian products was particularly strong. This article is available for reading in Trade magazin 2024/12-2025/01 The retailer took three big steps in this direction. It...
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Impossible Foods rolls out family-friendly products in the US
Impossible Foods has added three new products to its offering in the US. This article is available for reading in Trade magazin 2024/11 New products include Lion King Chicken Nugget...
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Serious changes in the company car market – this is how businesses can prepare
According to the bill submitted on October 29, 2024 and already adopted by the government on November 25, the tax burden on company cars will increase significantly in the next...
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EY Magyarország to launch pioneering new service with globally acknowledged managers
EY is launching a new service called AI Confidence, to provide an integrated approach for assisting companies in implementing AI solutions. This article is available for reading in Trade magazin...
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Brits can now have their tea with a special oat drink
Glebe Farm Foods has created a plant-based drink called PureOaty Tea-rrific, which is designed for consumers who prefer to drink tea dairy-free. This article is available for reading in Trade...
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Alufix Premium 3in1 Airfryer baking paper
3in1 siliconised baking paper that stands alone in the market. Suitable for: hot air oven, multicooker or baking mould. It is size independent, compatible with both small and large formats....
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GVH President: “the priority task of the national competition authority is to protect the interests of Hungarian consumers”
Csaba Balázs Rigó gave a presentation at the December meeting of the Borsod-Abaúj-Zemplén County Public Administration College. The President of the Hungarian Competition Authority (GVH) presented the experiences of competition...
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The price of stuffed peppers has increased by 9 percent
According to data from the Central Statistical Office, 90.61 thousand tons of peppers were harvested in Hungary from 1.28 thousand hectares in 2023. The export volume of green peppers decreased...
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Mol and the University of Pannonia have completed a successful consortium project
Mol and Pannon University have concluded a successful consortium project and have signed a three-year cooperation agreement, Mol informed MTI. According to the announcement, Pannon University, Mol and their consortium...
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The name obliges
One of the country’s leading hospitality groups has reached a milestone: it created a new umbrella brand, Semsei Gastronomy, to unite its restaurants, confectioneries and event catering services, plus it...
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Dishes made from Hungarian pork should be on the holiday table!
Not only fish dishes are in the spotlight during the holiday season, for example, three times more pork is sold in December than in other months of the year. The...
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Intelligent robots: working for us, with us, instead of us
The exponential growth of the robot economy and technological development represent new opportunities, but also challenges for companies. So-called intelligent robots equipped with artificial intelligence can provide solutions to many...
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Unilever to invest EUR 75m in Nyírbátor
Unilever is bringing the manufacturing of a new product category and global beauty brands to Hungary: Axe, Rexona and Dove aerosol deodorants will soon be made here. The new factory...
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AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...
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Farmer-centric agricultural policy after 2027 receives unanimous support
The EU member states’ agriculture ministers have adopted Council conclusions on the farmer-centric common agricultural policy (CAP) after 2027, which is a fantastic success, as it gives impetus to the...
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Coca-Cola, Grab strengthen partnership to engage hybrid shoppers in SEA
It includes regional campaigns across both online and offline channels. Coca-Cola and Grab are strengthening their partnership to target hybrid shoppers in Southeast Asia by combining Coca-Cola’s offline retail presence...
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Online and discount grocery to experience fastest growth in next 5 years
Online and discount grocery channels are set to experience the fastest growth worldwide over the next five year, according to the latest forecast from the Institute of Grocery Distribution (IGD)....
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Monoprix Announces Plan To Enter Egypt In 2025
French retailer Monoprix plans to make a debut in Egypt next year as part of its international expansion. Monoprix has teamed up with Egyptian convenience retailer TMT, which operates the...
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Slow but steady growth in sunflower producer prices
Oil World experts expect a global sunflower seed harvest of 53.7 million tonnes in the 2024/2025 marketing year, down 9 percent from 2023/2024. The expected consumption is 55.4 million tonnes,...
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We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting
We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting in Brussels, we defended farmers’ subsidies with the EU agriculture ministers – said...
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