Events
Aldi to Shut Down Its Online Store in September
Aldi is withdrawing from the online business and will shut down its online store at the end of September 2024. This marks the end of a joint project between Aldi...
Read more
Egg crisis in the USA: not only the bunny is looking for eggs before Easter, but also the government
In the United States, egg prices have skyrocketed in recent months, thanks to the bird flu epidemic and the resulting supply shock. Wholesale prices have sometimes reached $8 (about 3,000...
Read more
Constant own-brand growth at METRO
Already 5 countries with sales share of more than 30%. METRO’s strategic focus on own brands is having an increasingly clear effect and has continued at the beginning of the...
Read more
Ministry of Agriculture: Damage mitigation support arrives, helps with spring work
By the end of March, more than 10,000 farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The area...
Read more
We have extended the entry deadline for the Inno d’Or – Innovation of the Year 2025 competition – so we are waiting for entries for another 5 days!
In 2025, the Trade magazin launches the Inno d’Or – Innovation of the Year 2025 competition once again, seeking outstanding and value-creating innovations! Special attention is given to innovations...
Read more
NGM: 2025 is the year of breakthrough, catching up will not be stopped
According to Eurostat data published on Thursday, in 2024, Hungary’s GDP per capita measured at purchasing power parity was 77 percent of the EU average, ahead of Slovakia, Latvia, Greece...
Read more
EY: Hungarian companies are already being attacked with artificial intelligence
Artificial intelligence (AI) has become a common tool for corporate fraud in Hungary, according to a survey conducted by EY with 50 Hungarian compliance and security leaders. According to experts,...
Read more
PICK attacks on the salami front: the campaign for Generation Z educates and entertains
PICK Winter Salami has been an indispensable part of Hungarian tables for more than a century and a half, but the brand has now turned to a target group that...
Read more
Continuous monitoring of compliance with margin reduction
The goal is to keep food cheap for a long time, which is why consumer protection inspectors are constantly checking compliance with the margin reduction, said the head of the...
Read more
The Hungarian Village program is expanding with the support of small town shops and pubs and two additional elements
The government has decided to expand the Hungarian Village program with four elements – support for small-town shops and pubs, as well as a program for church renovation and the...
Read more
The communications industry finally started growing in real terms in 2024
The 2024 MRSZ Media Cake is HUF 384.4 billion, the MRSZ Communication Cake is HUF 715 billion. The industry’s performance, having come off the roller coaster of the previous period,...
Read more
Gergely Gulyás: Foot-and-mouth disease may have arrived in Levél from Slovakia
Based on the current data, it seems obvious that foot-and-mouth disease arrived in the infected herd of Levél settlement in Győr-Moson-Sopron county from Slovakia – the minister leading the Prime...
Read more
ÖRT-NKFH workshop: focus on ethical advertising and cooperation with authorities
The Self-Regulatory Advertising Board (ÖRT) and the National Trade and Consumer Protection Authority (NKFH) held a joint online workshop, for which more than 90 participants registered. One of the highlights...
Read more
IWG survey: benefits of hybrid working
According to a recent study by the International Workplace Group, hybrid working offers many benefits for both employees and employers. 36% of employees take less sick leave thanks to the...
Read more
NIÜ: applications are open again for the call to support the innovation capacity of SMEs
Applications are now open for the GINOP Plusz call for proposals to support the innovation capacity of small and medium-sized enterprises (SMEs), which is co-financed by the European Union, the...
Read more
Anikó Raisz: in addition to the sustainability of agricultural areas, it is also important to manage the situation caused by periods of water shortage
The sustainability of agricultural areas is important for all of us, but it is at least as important to be able to manage the situation during periods of water shortage,...
Read more
Agrometeorology: Soil recharge continues
The lack of precipitation has decreased in the past week, soil recharge will continue for a few more days, and then a drier period will begin – wrote HungaroMet Zrt....
Read more
István Nagy: the government is providing all resources to eradicate the foot-and-mouth disease virus
The government is providing all human and financial resources to eradicate the foot-and-mouth disease virus; nothing can jeopardize the safe food supply – the Minister of Agriculture said in a...
Read more
Nébih tests confirm presence of foot-and-mouth disease in another farm
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of foot-and-mouth disease (FMD) in a dairy cattle herd in the settlement of Levél in Győr-Moson-Sopron County....
Read more
Action profit grows 29 %, announces Croatia and Slovenia expansion
Dutch non-food discounter Action has managed to raise its operational profit by 29 % last year, while sales went up 22 %. The chain wants to maintain its growth rate...
Read more
Double-digit online growth in Romania continues
Online spending in Romania reached 11.7 billion euros last year with 7.7 billion euros spent on products. This was an increase of 10 percent. Growth remains strong and is expected...
Read more
Significant help for farmers, damage mitigation support is coming
By the end of March, more than 10 thousand farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The...
Read more
The GKI business climate index stagnated in March
According to a survey conducted by GKI Economic Research Co. – with support from the EU – there was no meaningful change in consumer or business expectations in March compared...
Read more
GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March 2025 the Hungarian government introduced a new measure, a margin freeze, on certain basic foodstuffs with the aim of curbing...
Read more
The European Commission recommends that EU citizens build up an emergency reserve
The European Commission says the current threats to the European Union require constant preparedness, and the EU executive is therefore recommending that citizens stockpile at home an emergency stockpile of...
Read more
Márton Nagy: the range of products subject to margin stop may be expanded
If prices start to rise for other products not currently subject to the profit margin cap, then “we will expand the range of products covered by the profit margin cap” –...
Read more
GVH: 100 product categories are now available in the online Price Monitor
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) has been expanded with 22 new product categories. Thus, the daily updated prices of 100 product categories, a...
Read more
New cybersecurity regulations: how companies can save millions
In 2025, cybersecurity regulations became even stricter, affecting the conduct of audits and the calculation of supervision fees. The mandatory fees for companies are partly based on revenue, but a...
Read more
Representatives of the Slovak baking industry have rejected the use of EU-approved insect ingredients in their products
The Slovak baking industry has issued a joint statement rejecting the use of insect-based ingredients in its products that the European Union (EU) has classified as suitable for human consumption...
Read more
Bunge to sell European margarines and spreads business to Vandemoortele
Vandemoortele will acquire Bunge’s margarines and spreads business in Germany, Finland, Poland and Hungary. US agri-food giant Bunge is selling its European margarine and spreads business to Belgian food group...
Read more