News and articles

This is how much Hungarians spend on graduation

Graduation is one of the most important milestones in a young person’s life, and the range of gifts is accordingly wide: everything from simple attentions to luxury items can be...

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The EU is looking for new markets for the food industry

The loss of the American market poses a serious challenge for the European Union’s food exports, which is why the search for new trade opportunities has become more urgent than...

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The commercial real estate market is on the verge of recovery – MNB is confident

According to a recent report by the Hungarian National Bank (MNB), the commercial real estate market moved up from a multi-year low last year and further recovery can be expected...

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After margin freeze: sour cream prices continue to fall

More than a month has passed since the government introduced a margin freeze on thirty products, including dairy products. In the case of sour cream, the price drop was particularly...

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Expanding food production capacity: SPAR Hungary will spend approximately HUF 1.9 billion on the development of its plants in 2025

SPAR Hungary will expand its Regnum Meat Plants in Bicske and Perbál and its SPAR enjoy. convenience plant in Üllő with equipment that will significantly increase its production capacity this...

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Strawberry season 2025: the popular fruit still hasn’t gotten cheaper

The strawberry season traditionally starts in spring in our country, but due to the continuous price increase in recent years, fewer and fewer people can afford to regularly buy this...

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A new variety of tomato has been added to Lidl’s shelves – Herencsényi seedlings for biodiversity

The diversity of landscape varieties plays a key role in adapting to the constantly changing environment, weather and market demands. Now the Herencsényi landscape variety tomato has also been added...

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Is game over for Temu and Shein in Europe, too?

The European market is facing a new challenge due to the US trade restrictions: packages from Shein, Temu and AliExpress are increasingly flowing into the EU. Due to the economic...

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3D-printed Starbucks opens in Texas

The hospitality industry has reached a futuristic milestone: Starbucks is opening a coffee shop in Brownsville, Texas, whose entire building was made with 3D printing, Telex reported after New Atlas....

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Extended support: small pubs in villages with a population of 2,000 can now apply

A new opportunity has opened up for rural pubs: the government has now expanded the small pub support program announced at the end of March. In the future, not only...

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Conscious wine consumers: changing habits among younger generations

The proportion of occasional wine consumers among 18-40 year-olds has increased significantly in the past two years, according to a representative study commissioned by the National Council of Mountain Villages...

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Hard-to-recycle waste: solutions emerging, but the goal is still far away

Although more and more types of waste are becoming recyclable, the processing of many materials remains extremely costly and complicated, according to recent summaries by Euronews and Glass International, shared...

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Hungary’s agricultural relations with Georgia are reaching a new level

The cooperation between our country and Georgia in the field of agriculture is particularly important, said István Nagy, Minister of Agriculture, who received David Songulashvili, Minister of Environment and Agriculture...

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VisitBalaton365 destination management office opened in Keszthely

There is a need to strengthen the connections that affect the entire region and its economy at Lake Balaton, and the destination management office is taking on this mission, said...

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The “buy now, pay later” solution is spreading – but late repayments are increasing

Buy-now-pay-later (BNPL) financing is becoming increasingly popular in the United States, but the rate of late payments is also increasing, according to a recent survey by Lending Tree. According to...

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Earthquake threat? These are the most endangered holiday destinations in Europe right now

Another earthquake has caused panic in Turkey: the strongest wave in the vicinity of Istanbul reached a magnitude of 6.2, writes vg.hu, citing Reisereporter. The earthquake was also felt in...

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Minister of Agriculture declares force majeure due to April frost damage

The spring frost damage that occurred at the beginning of April is recognized as a force majeure event for the entire territory of the country by Minister of Agriculture István...

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Cheetos Pants: an orange fashion revolution for cheese powder lovers

Cheetos has entered the fashion world with an unusual piece of clothing: the Cheetos Pants are not only a flashy fast fashion piece, but also surprisingly practical. According to the...

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China would stimulate domestic consumption with tax refund relief

China has taken another step to boost weak domestic demand by lowering the threshold for tax refunds for foreign tourists, the Ministry of Commerce and other government agencies announced in...

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Record wages at Lake Balaton: seasonal workers can earn up to 800 thousand forints

Summer jobs on Lake Balaton in 2025 will attract young people and seasonal workers with higher wages than ever before: the net hourly wage will reach or exceed 3,000 forints...

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The risk of bird flu epidemics must be reduced

In the future, we will continue to strive to reduce the risk of bird flu epidemics in every possible way, and to this end, we intend to introduce effective incentives...

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New discounts, developments and a record year in Budapest’s spas

Budapest’s beaches will officially open on May 1, but the weather could easily change the plans, Ildikó Szűts, CEO of Budapest Thermal Baths and Thermal Baths Zrt., told Pénzcentrum in...

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This year’s Hungarian Bread program began with a wheat blessing

This year’s Hungarian Bread program began with the Carpathian Basin Wheat Blessing Ceremony held in Karancs, Croatia. In the year-long program, Hungarian farmers from both within and outside the border...

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Ministry of National Economy: collaboration for Hungarian livestock farming, NGM helps farmers with targeted measures

Hungarian livestock farming is a sector of paramount importance for the national economy, which ensures the livelihood of thousands of rural families and plays a key role in the domestic...

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Dr. Oetker develops pizza production in cooperation with a college in Germany

The newly launched cooperation between Technische Hochschule Ostwestfalen-Lippe (TH OWL) and Dr. Oetker focuses on linking research and practice in the food industry. The parties aim to develop smart technologies...

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Carrot prices rise in Ukraine due to supply shortage

By the end of April, the price of carrots on Ukrainian markets increased significantly, FruitVeB reported, based on EastFruit’s analysis. There is a huge demand for particularly high-quality root vegetables,...

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The Agricultural Science Section of the OTDK is being held abroad for the first time

The Agricultural Science Section of the National Scientific Student Association Conference (OTDK) is being held outside of Hungary for the first time, in Csíkszereda. At the press conference for the...

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REWE Earmarks €3bn To Expand Penny In Romania

German retail group REWE has announced a €3 billion, ten-year investment plan for the expansion of its Penny discount brand in Romania. In 2024, Penny invested €177 million in Romania,...

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McDonald’s has filed for trademark registration in Russia

McDonald’s has filed an application with the Russian patent office, Rospatent, to register the trademark “McDonald’s”, writes Telex, following Meduza. The company filed the application in December 2024, which Rospatent...

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AM: Agro-ecological Program payments continue

The Agro-ecological Program (AÖP) payments continue, partial payments have started for another 2,585 applications, with almost 9.8 billion forints reaching eligible farmers in the third week of April – the...

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