Other
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be protected against unjustified price increases, the prime minister said on Friday in Kossuth Radio’s Good morning, Hungary! program, adding that...
Read more
Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food retail sector was spectacularly divided: while some chains closed with a heavy billion-dollar loss, others recorded a stable profit –...
Read more
The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent years. According to SPAR data, the chain recorded a 40% increase in this category in 2021–2022 and a further 12%...
Read more
More profit from interest than from meat – new ratios of Pick Szeged’s results
The operations of Pick Szeged Zrt. were characterized by seemingly modest growth in 2024, but looking behind the numbers, a specific trend that has been going on for years is...
Read more
Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich meat products containing unique bioactive active ingredients has been developed by János Gulyás and Partners Ltd. from Felgyő in a...
Read more
Auchan: multiplied profits in 2024 despite declining revenues
Auchan Hungary closed the 2024 business year with a spectacular increase in profits: it increased its after-tax profit of 586 million forints from the previous year by more than twelve...
Read more
Euromonitor International 2025: everything for your pet!
The global pet care market is expected to reach the value of USD 215bn in 2025. The latest research by Euromonitor International highlights the key changes and growth trends that...
Read more
Aldi Nord and Aldi Süd merge – One of the world’s largest discount chains could merge
After six decades of separate journeys, Aldi is preparing for a historic step: according to German press reports, the northern and southern divisions – Aldi Nord and Aldi Süd –...
Read more
15 thousand people in Népliget: the 30th ALDI Women’s Running Gala was a celebration of women’s running
The first day of summer brought the biggest women’s running event in recent years, a true celebration of women, the joy of movement and togetherness. More than eight thousand participants...
Read more
Two from three consumers expect a better shopping experience
According to The State of Customer Experience report of Genesys, consumers and business leaders are optimistic about how AI affects the customer experience: 64% of respondents believe AI will improve...
Read more
An era ends, a new one begins – marketing leadership change at Eisberg
After two years, Judit Gál, the company’s marketing and communications manager, is leaving Eisberg, and her position will be taken over by Laura Spielmann from June 1. Laura Spielmann has...
Read more
Cherries at a golden price, strawberries at a luxury price – why is fruit more expensive in Budapest than in Athens?
The Facebook page Vakmajom has highlighted shocking price differences in the markets of Budapest and Athens: the price of Hungarian cherries and strawberries is more than double that of Greek...
Read more
KSH: The services foreign trade surplus was 2.2 billion euros in the first quarter
In the first quarter of 2025, exports of services in euros decreased by 3.6 percent and imports by 2.6 percent compared to the same period of the previous year. The...
Read more
IDEAAL™: the revolutionary superprotein – a competitive protein product from Hungary
A joint research and development project, three players, a special milk protein product – this is the recipe for IDEAAL™, the result of a one-of-a-kind collaboration. This article is available...
Read more
The price fall in PENNY continues
PENNY Hungary continues to slash prices on basic household and hygiene products. Starting from May 30, the discount chain will reduce prices on nearly 40% of its chemical product range,...
Read more
Changing tastes, growing challenges: the Hungarian potato sector in new directions
The restructuring of the market, the radical change in consumer habits, and the pressing issues of self-sufficiency dominated the professional conference of the National Potato Association and Product Council (OBTT)...
Read more
Can Cuba go without rum? – Sugar shortage paralyzes the island’s iconic industry
Cuba’s rum industry is in deep crisis – not financial, not market, but raw material shortages. The state-run rum production has been pushed to the brink of a complete shutdown...
Read more
Billion-dollar dividends, stable turnover of one trillion – this is how the National Tobacco Shop Supplier Ltd. performed in 2024
The National Tobacco Shop Supplier Ltd. (ODBE) has once again crossed the one thousand billion forint revenue threshold: the national tobacco supplier had a turnover of 1,123 billion forints in...
Read more
Active Hungary State Secretariat: more than 600 adventure sports events in the 2025 calendar
This year, the State Secretariat for Active Hungary is providing support for more than 600 adventure sports events. The program helps sports event organizers who organize leisure events involving at...
Read more
Heineken quenches its thirst for data management with artificial intelligence
Heineken Simplifies Data Analytics for Employees with SAP AI Solution. One of the world’s largest brewers has deployed its internal artificial intelligence (AI) chatbot, “Hoppy,” to improve its business processes...
Read more
NGM: the SZÉP card is a significant help for Hungarian families
The SZÉP card is a significant help to Hungarian families, with cardholders spending 14 percent more in April than a year earlier, the Ministry of National Economy (NGM) announced on...
Read more
Gorenje-Hisense celebrates its 75th anniversary in Hungary with above-average business results and exciting new products
Gorenje Magyarország Kft. celebrated its 75th anniversary with outstanding revenue and nearly 10% growth. At the anniversary press conference, Managing Director Norbert Füle presented the business results, followed by an...
Read more
NAV notifies businesses about the food chain supervision fee declaration
The tax office expects about 70 thousand businesses to file their food chain supervision fee returns, and it is drawing the attention of those affected to the deadline of June...
Read more
The foot-and-mouth disease epidemic is slowly ending, but a solution must be found to its economic effects
The foot-and-mouth disease epidemic affecting even-toed ungulates broke out in our country in March this year. We hope that the epidemiological experts have successfully stopped the further infection of the...
Read more
Traveling standing up? It’s proven to be safe, but the low-cost carriers don’t want it
The debate over standing airplane seats has been reignited after the Italian company Aviointeriors’ Skyrider 2.0 saddle-like seat successfully passed the necessary safety tests. Although the concept has been known...
Read more
Monthly affair, shared responsibility: by shopping at Tesco we can help those who cannot afford menstrual products
On May 28, World Menstrual Hygiene Day, Tesco drew attention to the fact that menstruation is one of the most natural processes in the world, yet for many girls and...
Read more
Strategic goal is for Hungary to become self-sufficient in potato production
The Ministry of Agriculture (MA) considers strengthening domestic potato production, supporting farmers and achieving self-sufficiency to be of utmost importance, said Imre Hubai, the ministry’s state secretary responsible for agriculture,...
Read more
Duopoly for weight loss – Eli Lilly overtakes Danish rival in consumer drug market
In the pharmaceutical industry, the market generally favors the first to enter a new segment. However, in the extremely fast-growing global market for anti-obesity drugs, it is now clear that...
Read more
Information on the control of pesticide-free AKG
With regard to the regulation of the CAP ST Agri-environmental payments measure “It is prohibited to use pesticides in a 6-meter strip along the edges of the field.”, the Hungarian...
Read more
The Hungarian Women’s Union’s ENAG project in the Hungarian-Serbian border region has reached its halfway point
Digital knowledge, practical training and cross-border cooperation: these are the foundations of the “Improving the Quality of Training for Agricultural Entrepreneurs” project led by the Hungarian Women’s Union, which aims...
Read more