Events
AI Summit Budapest: focus on domestic and international challenges of artificial intelligence
The AI Summit Budapest 2025 conference was held at the House of Music Hungary, focusing on the development, trends, and practical applications of artificial intelligence. At the event, Minister for...
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Korea as the partner country of Anuga 2025: Culinary heritage meets global food trends
When Korea appears as the official partner country of Anuga in October 2025, the nation will bring far more than culinary specialities to Cologne. Under the motto “Flavour meets trends”...
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The deer-rooing season has begun in Hungarian forests
The deer-rooing season begins in Hungarian forests with the mating of red deer. This year, state forestry companies are also offering a number of guided deer-rooing tours. The popularity of...
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The amount of domestic game meat sold and intended for own consumption in 2024/25 was 13 thousand tons
According to the current revenue data for 2024/25, the amount of domestic game meat sold and intended for own consumption was 13 thousand tons, of which the amount of big...
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Dr Zoltán Pogátsa on the Hungarian economy: neither the golden age, nor an apocalypse
In his presentation at Trade magazin’s Business Meetup & Dinner event, economist, sociologist and associate professor Dr Zoltán Pogátsa told: there is no reason for either euphoria or panic as...
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Eurozone GDP grew by 0.1 percent in the second quarter compared to the previous quarter
Eurozone GDP grew by 0.1 percent in the second quarter compared with the first quarter, in line with the previous estimate, according to the third final estimate published by Eurostat,...
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KSH: industrial production decreased by 1.0 percent compared to the same period of the previous year, expanded by 2.0 percent compared to the previous month
In July 2025, the volume of industrial production fell by 1.0 percent compared to a year earlier. The index adjusted for working days is the same as the unadjusted index,...
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FAO food price index remained essentially unchanged in August
The Food and Agriculture Organization of the United Nations (FAO) reported on Friday that the global food commodity price index was virtually unchanged in August, as increases in international prices...
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SME classification has reached a new level
Many new applications will open for the SME sector in the coming period, which can be the engines of dynamic growth and upgrading. Of particular importance are those EU sources...
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The domestic poultry market is characterized by rising prices and a decrease in imports
The Hungarian poultry sector showed a dual trend in the first half of 2025: while the processing price of chicken breast fillet increased by 14 percent and bone-in chicken breast...
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Declining exports, falling prices on the pork market
The domestic pork market is struggling with both price declines and a decline in foreign trade. According to AKI data, the producer price of slaughter pork per kilo was 779...
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Five microtrends rewriting green claim strategies
As sustainability communication is maturing, vague, formulaic green claims are disappearing from the market. This article is available for reading in Trade magazin 2025/8-9. Based on the spring 2025 forecasts...
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MOHU: beverage packaging return system reaches new records
The beverage deposit return system has set new records, with three billion bottles, cans and jars being returned to circulation through the MOHU REpont system in just over a year...
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One hundred and thirty small and large wineries produce sparkling wine in Hungary today.
More and more wineries, a total of one hundred and thirty small and large wineries, are producing sparkling wine in Hungary today, the State Secretary for Agriculture of the Ministry...
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Shopper Park Plus Plc.’s profit and premium income increased in the first half of the year
Shopper Park Plus Plc. (SPP Group)’s after-tax profit increased by 15.1 percent to EUR 15.1 million, while its fee income also increased by 26.6 percent to EUR 15.1 million in...
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AM: There is room and demand for expanding soybean production in Hungary
The Ministry of Agriculture supports soybean growers and the professional organizations they have established thanks to domestic and European Union funds, and focuses on knowledge transfer – emphasized István Nagy,...
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Corporate innovation applications worth 182 billion forints are launched in GINOP Plusz
In the coming days, two corporate innovation tenders will be launched, worth a total of 182 billion forints in GINOP Plusz, said the Deputy State Secretary for Innovation of the...
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Game meat: 13 thousand tons of domestic production, 8 billion forints in sales revenue
According to the current revenue data for 2024/25, the quantity of game meat sold and used domestically in Hungary was 13,000 tons, of which 12,200 tons came from big game...
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Animal health is also a basic condition for the reliability of the food chain
Animal health does not only mean ensuring the welfare and health of farm animals, but is also a basic condition for the reliability of the entire food chain – stressed...
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AM: farmers’ interests must be protected by joint efforts
The new draft budget for the European Union agriculture after 2027 is unacceptable in its current form, so we must act together against it – said István Nagy, Minister of...
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Christmas starts in the kitchen
In the Christmas period the time spent in the kitchen is more and more important. This article is available for reading in Trade magazin 2025/8-9. Food manufacturers and retailers aren’t...
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The clock is ticking: the EU Pay Transparency Directive will enter into force in the summer of 2026
The Hungarian labor market will undergo a radical transformation from next summer: the EU wage transparency directive will come into force, requiring the display of salary ranges in job advertisements,...
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HelloFresh is boosting British cooking confidence with new “Skills” recipe boxes
In the United Kingdom HelloFresh is offering new recipe boxes called “Skills”, designed to improve the cooking skills of customers. This article is available for reading in Trade magazin 2025/8-9....
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AM: demand for high-quality Hungarian lamb is growing abroad
Sheep farming is one of the most sustainable livestock farming sectors, and the stability of the sector is ensured by significant exports, as Hungarian sheep and lamb meat is increasingly...
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Retail sales also increased in July, although a decline is visible on a monthly basis
In July, the volume of retail sales exceeded the same month of the previous year by 1.7 percent, both in raw data and calendar-adjusted terms, the Central Statistical Office (KSH)...
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NGM is satisfied with the increase in retail turnover
The Ministry of National Economy (NGM) responded in a statement to the latest data from the Central Statistical Office (KSH), according to which the volume of retail trade in July...
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MNB: the fight against inflation is not over yet
Uncertainties in the global economy have increased further over the past year, while the engines of growth are slowing down, Mihály Varga said at the 63rd Economists’ Travelling Meeting in...
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The European Commission has proposed the adoption of trade agreements with Mercosur countries and Mexico
The European Commission on Wednesday proposed to the Council of the member states the signing and conclusion of trade agreements with the Mercosur countries (Argentina, Brazil, Paraguay, Uruguay) and Mexico....
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Qualified Cluster Titles Awarded for the First Time
On September 3, 2025, the Cluster Certification Board awarded official Certified Cluster titles for the first time, within the framework of the Cluster Development Strategy of Hungary adopted in November...
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The interest rate saga is over: banks compete for savings with promotions
The years 2023–2024 brought a golden period for retail government bond investors: the Premium Hungarian Government Bond and the Discount Treasury Bond provided a risk-free return of up to 15–19%....
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