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Hundreds of billions of forints more to help environmentally conscious farmers
This year, farmers can receive more than 200 billion forints in support thanks to the Agri-Environmental Management and Organic Farming programs, announced István Nagy, Minister of Agriculture. The ministry has...
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Viktor Orbán spoke about the extension of the margin freeze
A decision on extending the margin freeze to household and toiletries products may be made at next week’s government meeting, Prime Minister Viktor Orbán announced on Kossuth Radio. The announcement...
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From June, it will be illegal to sell energy drinks to those under 18 – this is how home delivery will be controlled
Hungary’s Parliament has unanimously passed a bill that bans the sale of energy drinks to minors. The new legislation, effective from June, not only affects in-store purchases but also covers...
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Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is how the Chinese Ministry of Commerce responded to the news that the United States has initiated new negotiations to resolve...
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Eurozone inflation rose slightly in April
Eurozone inflation in April was higher than expected and unchanged from the previous month, according to a report by the European Union’s statistics office, Eurostat, on Friday. Eurozone inflation remained...
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Changing store landscape: rents, store closures and new opportunities in the retail real estate market
While prime shopping centers in Budapest are operating near full occupancy, national store closure statistics and declining numbers of commercial properties for sale present a mixed picture of the Hungarian...
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Blacklisting for painting green?
Greenwashing (Hungarian: greenwashing) is the practice of presenting a business policy or a specific product as more environmentally friendly than it actually is. According to domestic experts, a change in...
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The domestic SME sector is cautiously waiting
In the case of domestic small and medium-sized enterprises, we can speak more of adaptation than of an increase in confidence in the economy, based on the K&H first-quarter SME...
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The spring food chain inspection has been completed: nearly two tons of food were withdrawn from circulation
The spring seasonal food chain inspection period has concluded. Conducted between March 24 and April 18 under the coordination of the National Food Chain Safety Office (Nébih), the inspections focused...
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FAO food price index increased in April
The global food commodity price index rose in April, driven by increases in the prices of major cereals, meat and dairy products, the UN Food and Agriculture Organization (FAO) said...
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We can wait months for a defective product to be repaired – what can the consumer do in such a situation?
The National Federation of Associations for Consumer Protection (FEOSZ) in Hungary is receiving a growing number of complaints about long delays in the repair of faulty products under warranty. Many...
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A new set of employee values is taking shape – or what does a “good workplace” mean today?
Randstad’s Workmonitor 2025 provides a comprehensive picture of how employees’ relationship with work is shifting – globally and in Hungary. Based on the opinions of over 26,000 employees, the report...
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Eurozone GDP growth faster than expected in the first quarter
Eurozone gross domestic product (GDP) grew more than expected in the first quarter, according to a preliminary report released by Eurostat, the statistical office of the European Union, on Wednesday....
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Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to its slowest pace in 32 months in April, according to the purchasing managers’ index (BMI) from S&P Global and HCOB...
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Competition Authority guidance for the fashion and textile industry on sustainability and eco-labelling
The international network of consumer protection authorities around the world has issued an open letter of advice to the fashion and textile industry players to promote the transparency of “sustainability...
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When buying cleaning equipment, value for money is more important than brand and reliability, according to a survey
Value for money is the most important consideration among Hungarians when purchasing household cleaning equipment. This is the primary consideration for half of those surveyed. When purchasing such equipment, efficiency...
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New TikTok craze in stores: Angel Hair chocolate is coming to Lidl
After Dubai chocolate, another sweet sensation is brewing on social media – Angel Hair chocolate, Pénzcentrum discovered. The spectacular and extra sweet confection will also appear on the shelves of...
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The Croatian government adopted a resolution on new price measures
The Croatian government adopted a new price measure on Friday to increase consumer protection and transparency, Economy Minister Ante Susnjar announced after a cabinet meeting. The minister stressed that retailers...
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The board of directors has been renewed at KAVOSZ Business Development Co. Ltd. – Tamás Rátkai became the president
The board of directors of KAVOSZ, the financial enterprise dealing with direct lending, KAVOSZ Vállalkozásjesztelsezi Zrt., has been renewed, and the new management consists of Jenő Radetzky, László Krisán and...
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Government price controls once again
Citing high food inflation, the government has introduced a new price control measure: from 17 March retailer’s margins on 30 basic foodstuffs can’t exceed 10%, calculated on the basis of...
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Food offering is attracting more and more shoppers to drugstores in Germany
Buying groceries in drugstores continues to gain importance. According to a recent study by market research company Mafowerk, 42 per cent of customers visit drugstores mainly because of the food...
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Asahi Unveils Japan’s First Yeast-Derived Milk Alternative
Asahi Group Japan has introduced a new product, LIKE MILK, which is marketed as Japan’s first yeast-derived non-animal milk. The product, which uses the company’s proprietary yeast technology, is designed...
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Gránit Bank grew above the sector average in 2024
Continuing the trend of previous years, Gránit Bank achieved growth exceeding the sector average in 2024. The balance sheet total increased 3.5 times more than the banking sector average, and...
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Renewed Board of Directors supports AKKO Invest’s further growth
AKKO Invest held its annual general meeting, where shareholders, in addition to electing new members of the Board of Directors, approved the company’s 2024 report. The company’s owners also decided...
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Agrometeorology: May rain is badly needed
The soil is dry in large areas of the Great Plain and the Lesser Plain, which is why it is extremely difficult to sow seeds; although more or less precipitation...
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Help for young farmers: almost 5,300 applicants receive support
The government continues to work to ensure that farmers receive payments due for their 2024 applications as soon as possible. As a result, the final payment of the supplementary support...
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Information report on spring agricultural work
The winter of 2024–2025 was – similarly to previous years – warmer than the multi-year average, but did not reach the record warm level of the winter of 2023, which...
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Beekeepers receive 5.8 billion forints of animal welfare support annually
The participants in one of the smallest and most important sectors of agriculture also receive preferential application opportunities and almost six billion forints of bee animal welfare support. The ministry,...
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SPAR Slovenia supports sustainable shopping
SPAR Slovenia encourages eco-friendly practices as part of its sustainability strategy. In their recent initiative, ‘What Circulates, Connects Us’, they highlight the benefits of using returnable glass packaging and the...
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