News and articles
Kraft Heinz To Invest $3bln In Upgrading US Manufacturing
Kraft Heinz is spending $3 billion to upgrade its US factories, its largest investment in its plants in a decade. The packaged food company is going ahead with the upgrade...
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AutoWallis’ sales revenue increased by 20 percent in the first quarter, almost two-thirds of which now comes from abroad
In the first quarter of 2025, AutoWallis Group’s sales revenue increased by 20% to HUF 107 billion, while its EBITDA decreased by 31% to HUF 3.3 billion due to the...
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Carrefour Polska Expands Pistachio Product Range
Carrefour Polska is expanding its pistachio-flavoured product offering to more than 100 SKUs, to meet the growing demand for this increasingly popular ingredient. Pistachios are currently one of the most...
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Berobbant a brazil húsexport: ötszörösére nőtt a marhahús-kivitel az USA-ba
Brazil’s meat industry is off to a strong start in 2025, with both pork and beef exports showing double-digit growth—particularly toward the United States. According to the Brazilian Animal Protein...
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Salling Group expands its presence in Northern Europe
Salling Group’s acquisition of over 300 Rimi stores signals a major reshaping of the Baltic and Scandinavian grocery landscape. The deal strengthens Salling’s regional reach and sets the stage for...
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Bánki H. Dezső kapta idén a Vetőmag Szövetség-díjat
Több évtizedes zöldségvetőmag-előállítói tevékenységért, valamint a Vetőmag Szövetség Szakmaközi Szervezet és Termékben hosszú időn át végzett kiemelkedő munkájáért az idei évben Bánki H. Dezső, az orosházi Orosseed Szövetkezet ügyvezetője kapta...
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Blow, who knows how long you can blow! – Picture of the day
Because your hot drink or soup is now being cooled for you by a little robot cat that sits on the edge of the glass. If you thought that was...
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Sushi Dreams – Picture of the Day
We stumbled upon Alexandra Naylor, a digital artist based in Ulm, Germany, who uses artificial intelligence to create her work, by chance: among her countless impressive works, we selected her...
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Hungary may declare exemption from foot-and-mouth disease at the end of May
No new cases have been detected since the last outbreak of the foot-and-mouth disease virus, and the longest part of the incubation period is “over”. If the situation remains like...
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Call for young farmers launched
Supporting generational change is a priority in Hungarian agriculture, as this sector cannot remain competitive without young people. One of the highlights of this is the call for non-refundable support...
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EU Agri-Food Trade in January 2025: Rising Imports Outpace Export Growth
High commodity prices drive surge in imports, reducing the EU’s trade surplus despite steady export performance. In January 2025, the European Union’s agri-food exports reached €19 billion, marking a 1.5%...
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MBH Analysis Center: The rate of store closures has decreased to pre-Covid levels
There was a significant slowdown in the closure of retail stores in the second half of last year: a third of stores closed compared to the first half. The number...
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Chicken and eggs are getting more expensive: another wave of price increases hits Hungarian households
Hungarian households are facing another wave of food price increases, with poultry and eggs becoming significantly more expensive in early 2025. According to the latest report from the Agricultural Economics...
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Hungary Withdraws Retaliatory Ban on Meat Imports from Neighboring Countries
The Hungarian government has officially revoked its recent ban on meat imports from several neighboring countries, including Poland, Croatia, the Czech Republic, Slovenia, and Romania. The decision was published in...
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Sport as a strategic brand experience
Today sport is way more than just a sponsorship platform: it is a complex, experience-based interface between brands and consumers. In this article we show how brands are harnessing the...
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Adjusted for inflation, household wealth has not grown as much
The median net wealth of Hungarian households rose to 30.6 million forints by 2023 – but inflation and inequality cloud the picture. According to the latest “What do we live...
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Both consumers and producers benefit from initiatives promoting local products
Local products are becoming increasingly popular among customers, which also represents an excellent opportunity for local producers and businesses producing artisanal food. The success of the exemplary store launched by...
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Nothing is certain in the world, except taxes – or are they not even certain anymore?
Coping with a dynamic and often unpredictable economic environment, effectively applying generative artificial intelligence in tax, and developing tax teams – these are the three key tasks facing tax leaders...
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The “Thank you, SIÓ!” program supports schoolchildren again this year: focus on children’s digital safety
Supporting digital education and the online well-being and safety of children is no longer just an opportunity, but a shared social responsibility. SIÓ-Eckes’ renewed application program last year, “Thank you,...
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The strawberry season started with three Hungarian varieties on Kifli.hu
Strawberries are one of the most popular seasonal fruits every year – last year, more than 22 tons of them were sold on Kifli.hu. This season, customers can choose from...
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A new chapter in the premium food market: Chef Market acquires Culinaris wholesale and retail business units
A major transformation is taking place in Hungary’s premium food sector: Chef Market Zrt., a leading HoReCa wholesaler, has acquired the wholesale business of Culinaris Wholesale Kft. along with Culinaris’...
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Hungary faces historic cherry crop failure due to spring frosts
Hungary’s cherry sector is experiencing its worst year in 25 years, with spring frosts wiping out 70–80% of the expected harvest, according to Pénzcentrum. Farmers anticipate just 2,000–3,000 tons of...
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Despite the rainy weather, there were many people at the Hungarian Ice Cream Day
On May 8th, snaking lines and happy guests across the country indicated that the love for Hungarian artisanal ice cream is unbroken – even in gloomy weather. On May 8th,...
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Coca-Cola invites consumers to an unforgettable party with the slogan Share a Coke, Share the Music
Coca-Cola is celebrating the return of its “Share the Magic of Coca-Cola” campaign with an unforgettable party. We all remember the “named” bottles, when we could find our own or...
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The best conference and wellness hotels were awarded again this year
Six Hungarian conference and wellness hotels and event venues have received the Golden Day Award for their outstanding services based on their performance in 2024; the award, which evaluates the...
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Experiences and indulgence at this year’s Grüne Woche
Grüne Woche, a top event of the agricultural and food industry, took place in Berlin at the beginning of the year. This article is available for reading in Trade magazin...
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More than a thousand toiletries and drugstore products will be cheaper at Auchan
From Monday (May 19, 2025) you will have to pay 5-20% less for the price of more than a thousand chemical products and drugstore products from Auchan’s huge range. However,...
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This year, the police are giving priority to the Balaton and Lake Velence regions
During the tourist season, the Balaton Public Safety Coordination Committee (BKKB) will coordinate the activities of the police headquarters in Somogy, Zala, Veszprém and Fejér counties, as well as the...
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Trump attacks Walmart: debate over US tariffs and inflation flares up
The former president took to Truth Social to criticize the retail giant for warning about rising prices, saying that consumers would ultimately pay for tariffs, economists say. Former US President...
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