Intrum: EU AI Act could put Hungarian companies to the test
Intrum: EU AI Act could put Hungarian companies to the test
The European Union’s new Artificial Intelligence (AI) regulation, the “EU AI Act”, which will enter into force in August 2025, could pose significant challenges for Hungarian companies, according to a...
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Rector of the Agricultural University: change is needed in soil cultivation
Hungary is lagging behind enormously in soil cultivation, change is needed, and the application of modern technological solutions cannot be spared – stated the rector of the Hungarian University of...
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The Daniella Electricity Talentum Foundation supports the training of more than 1,300 students with 30 million forints
With a donation worth 30 million HUF, the Daniella Villamosság Talentum Foundation is supporting the education of over 1,300 vocational students. The donation, distributed in cooperation with 12 technical schools,...
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K&H: K&H Group won the IFUA Horváth Green Wheel Award
In 2025, K&H Group won the IFUA Horváth Green Wheel Award, recognizing the company’s comprehensive sustainability transformation. The award is given to organizations that integrate sustainability considerations into their corporate...
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The trademark that helps Hungarian businesses
Hungarian Product Nonprofit Kft. has organised an information forum in Univer’s new complex in Kecskemét. This article is available for reading in Trade magazin 2025/5. With the programme the goal...
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Interest in horticultural tenders is high
Horticultural tenders are receiving special attention and great popularity, for which the Ministry of Agriculture would meet the increased needs by reallocating funds – said Szabolcs Szigeti, Deputy State Secretary...
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When a plush toy was worth more than a stock – the lessons of speculative manias
When we hear the word “speculation,” we tend to think of stock markets, cryptocurrencies, or real estate. But in essence, speculation is simply human nature — trying to anticipate what...
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AutoWallis introduces NIO premium electric car brand to the region
The AutoWallis Group has taken another significant step in strengthening its international position, after agreeing to acquire the exclusive import rights for the electric car developer NIO brand in the...
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Green pea foreign trade balance is positive
According to KSH data, the green pea harvest in Hungary in 2024 was 38 percent smaller (57 thousand tons) on a 25 percent smaller area than in 2023. According to...
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Márka Grape and Cotton Candy carbonated soft drink
Due to popular demand, our initially limited edition Grape and Cotton Candy product is now part of our permanent product selection! In this flavour combination – which may sound unexpected...
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Sziget at rock bottom: festival company loses money for second year in a row
Sziget Cultural Management Office Ltd., the organizer of the Sziget Festival, closed 2024 with a significant loss for the second year in a row, according to the company’s latest financial...
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More than 3 thousand billion forints will be allocated for infrastructure investments in rural development by 2027
In the EU cycle until 2027, more than 3 thousand billion forints will be allocated for infrastructure investments in rural development – the Minister of Agriculture announced on the M1...
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Willys discounters – The Swedish Kaufland
Willys in Sweden is defending its position as strongest contender in the battle for discount dominance, offering a lean but broader assortment than challenger Lidl. Backed by market analysts Matpriskollen,...
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We must prepare for changes affecting the future of the agricultural sector
Agricultural players must continuously adapt to rapidly changing external circumstances and prepare in time for the new European Union agricultural support cycle starting after 2027, which is expected to contain...
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Hotel manager appointed
Norbert Polyák, vice president of the Guild of Hungarian Restaurateurs (MVI) has been appointed general manager of Radisson Collection Hotel, Basilica Budapest, which will open in May. This article is...
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Coca-Cola Europacific Partners Invests €146m In French Bottling Facility
Coca-Cola Europacific Partners (CCEP) is investing €146 million in its Grigny bottling facility, in France, significantly boosting production capacity and reducing carbon emissions. A new, high-speed returnable glass bottle production...
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Gundel Alumni Community
Gundel Károly Hospitality and Tourism Technical School has launched the Gundel Alumni Community programme: in this former students can connect with each other, for nostalgic reasons and business purposes alike....
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The Body Shop returns to Belgium and Switzerland
The Body Shop is returning to Belgium and Switzerland, as German businessman Stefan Herzberg has obtained the licences for these countries. The first new stores should open in the coming...
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The EU may soon lift the restrictions imposed on Hungary due to foot-and-mouth disease
In the optimal case, the European Union is expected to lift all restrictions imposed on Hungary due to foot-and-mouth disease within days – emphasized István Nagy, Minister of Agriculture, on...
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Norma Launches New Digital Discount App
German discount retailer Norma is expanding its digital offering with the launch of its new Norma Plus app, that went live on June 2. The app allows customers to access...
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Feed corn prices have decreased
The USDA’s May projection indicates a global corn harvest of 1,265 million tons in the 2025/2026 marketing year, almost 4 percent higher than in the 2024/2025 marketing year. Utilization is...
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X-Fit Kft. withdrew biscuits from sale due to allergen
X-Fit Kft. has recalled the Myprotein brand Gooey Filled Cookie Double Chocolate and Caramel Flavour 75 gram product from circulation due to an undeclared wheat allergen, the National Trade and...
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Collaboration is needed for successful water management
We can only achieve results in the field of water management by collaborating and changing our perspective: the cooperation of farmers, the water sector, local governments and the state is...
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McDonald’s on an ancient mosaic – Video of the day
McDonald’s “Roman Mosaic” is a very creative, perhaps more witty than average, and brilliantly executed idea – a performance that can be promoted on all kinds of channels and will...
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Food Barrel 2025 – Picture of the Day
The French company Umami’s food-carrying set of containers may be called a bento box for marketing purposes, although it seems a bit over-the-top. Anyway: it’s a nice and more or...
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(HU) Rubint Réka: Engem csak a pihenés fáraszt
Sorry, this entry is only available in HU....
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The National Trade Association held its general meeting
At its annual general assembly, the National Trade Association (OKSZ) reaffirmed some of its previous office holders and elected new ones. In addition, the assembly approved amendments to the statutes...
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Coop achieved sales of 860 billion in 2024
Thanks to an increase of about 4 percent, the COOP Economic Group achieved sales of 860 billion forints in 2024, it was announced at the general meeting of CO-OP Hungary...
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Digital leap in HR – SPAR innovates with artificial intelligence and e-learning
SPAR welcomes its employees with a new career site, recruitment system and e-learning opportunities. SPAR Hungary has completely revamped its career site and recruitment processes to address potential employees in...
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