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This was the year 2024 in the world of fishing and fish farming
The sixth time, the unified annual statistics on the presence, catch and deployment of anglers in fishing waters, as well as the evaluation related to the data, have been prepared....
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1,600 storm damage reports received in almost one day
K&H received a large number of home insurance claims by Tuesday evening due to the chain of thunderstorms that swept across the country in the previous days, the financial institution...
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Those receiving pension-like benefits would also receive food vouchers
The pensioner food voucher would be available not only to pensioners, but also to those receiving other pension-like benefits, including people with disabilities, Ádám Kósa, the State Secretary for Disability...
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Hungarian university collaboration can help grow berries
The Hungarian University of Agricultural and Life Sciences (MATE) and the University of Sopron are working on a solution with the support of the National Chamber of Agriculture (NAK) that...
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Waiting strategy – and no real confidence
In a quarterly online presentation by PwC Magyarország partner Gábor Farkas and Ákos Kozák, a economic research director expert of the Equilibrium Institute has revealed: at the beginning of 2025...
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László Krisán: Stabilisation is the first step, but new answers are needed to be competitive
László Krisán, the CEO of KAVOSZ Zrt. has assessed the current situation of businesses, the adaptation strategies of the FMCG sector and the new developments of the Széchenyi SME Card...
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In search of the most attractive employers: here is Randstad’s global employer branding top list
The new generation is not only looking for a good salary, but also for a sense of identity at work – and companies need to take this more and more...
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New architectural laws and regulations would drive investors towards brownfield investments
The new architectural laws and regulations introduced since 2023 would drive investors towards brownfield investments, said the State Secretary for Architecture of the Ministry of Construction and Transport (ÉKM) in...
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DK calls for reducing VAT on basic foodstuffs to five percent
During the last month’s official inspections, the National Trade and Consumer Protection Authority (NKFH) identified several potency-enhancing preparations that were marketed as dietary supplements, food or natural libido enhancers, but...
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NAV: selling self-produced fruit may be tax-free up to an annual income of six hundred thousand forints
The sale of self-produced vegetables and fruit may be tax-free up to an annual income of six hundred thousand forints, but if someone sells their produce on a commercial basis,...
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The Dutch can cook using a virtual chef in the Albert Heijn app
Dutch supermarket chain Albert Heijn has added a new AI kitchen assistant feature to its app. This article is available for reading in Trade magazin 2025/6-7. In the Mijn AH...
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Prison for crypto? The Hungarian market is in complete chaos
On July 2, Hungary effectively criminalized cryptocurrency trading – or so it seems based on recent amendments to the Criminal Code. These changes make both service providers and individual users...
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Annual inflation in Ukraine eased in June after more than two-year high
In Ukraine, the annual rate of consumer price inflation slowed in June after reaching a more than two-year high in the previous month. According to the Ukrainian Statistics Office, the...
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Hungarian university cooperation can help the cultivation of berries
The Hungarian University of Agricultural and Life Sciences (MATE) and the University of Sopron are working on a solution with the support of the National Chamber of Agriculture (NAK) that...
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How can we effectively search for a job in 2025?
The number of applications received for job advertisements is currently outstanding in several areas on the labor market. A large number of applications are received for each position within a...
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Bird flu: What is the situation in the United States?
Seasonal migration of wild birds and the import of certain US products, such as raw milk products, could potentially introduce the highly pathogenic avian influenza (HPAI) genotype affecting US dairy...
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Plant-based supplements market to reach $42.27b by 2030
The global plant-based supplements market is projected to grow from $27.52b in 2025 to $42.27b by 2030, at a CAGR of 9.0%, according to a new report by MarketsandMarkets. Demand...
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Walmart opens first-ever owned and operated case-ready beef facility
The discount giant opened a case-ready beef facility in Olathe, Kan. On Friday, June 27, 2025. This marks the first time Walmart has had an owned and operated location for producing...
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At the initiative of Hungary, a call is being sent to Brussels: Protect the interests of farmers instead of Ukraine!
At the initiative of our country, the agricultural ministers of the EU member states bordering Ukraine are calling on Brussels in a joint statement to protect European farmers against the...
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Generali: the storms of early July devastated the country
Global warming is already affecting our daily lives: in recent years we have been faced with extreme weather events and the damage they cause more and more often. At the...
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Anheuser-Busch invests $17M in Houston brewery
The beer giant has spent $2 billion during the last five years on its manufacturing network despite a slowdown in consumption. Anheuser-Busch plans to spend $17 million on its Houston...
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Free irrigation water results in cost savings of more than 10 billion forints for farmers
260 locations across the country are being intervened to alleviate water shortages and help reduce the harmful consequences of climate change – the State Secretary for Agriculture of the Ministry...
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KSH: consumer prices exceeded the same month of the previous year by an average of 4.6 percent, and May prices by 0.1 percent
In June 2025, consumer prices were 4.6 percent higher on average than a year earlier. Compared to May, prices were 0.1 percent higher on average, the Central Statistical Office (KSH)...
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Inflation has accelerated
Drugstore products saw a more moderate price decrease than expected in June, while food prices also rose and jewelry prices continued to rise. Inflation is expected to be around 4-4.5...
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NAV’s inspection series at Lake Balaton and Lake Velence will start this week
The National Tax and Customs Administration (NAV) began its summer inspection series this week, during which the inspectors will inspect, among other things, popular tourist resorts, beaches and outdoor events....
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NAV: Several tons of vegetables transported with insecticides have been withdrawn from circulation
Several tons of vegetables were withdrawn from circulation because insecticide was found in a truck along with the food – the National Tax and Customs Administration (NAV) told MTI on...
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AI at the service of investments: new dimensions in asset management
K&H Asset Management, a member of the KBC Group, has been using artificial intelligence-based models (AI) to support its investment decisions for eight years, thus playing a pioneering role not...
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New crypto player to replace Revolut in Hungary
Following the suspension of Revolut’s crypto services in Hungary – which was justified by a June law amendment that criminalized unauthorized crypto asset conversion – Bitget is offering a regulated,...
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Large decline in foreign trade of live pigs
According to the Central Statistical Office (KSH), Hungary’s live pig exports decreased by 26.9 percent to 8,500 tons in January-April 2025 compared to the volume sold on the foreign market...
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