Amazing price hike on the dairy product market – more and more people may turn to imports
Amazing price hike on the dairy product market – more and more people may turn to imports
According to the Hungarian Central Statistical Office (KSH), dairy products have become one of the most significant factors in food inflation. Dairy products account for more than 10% of KSH’s...
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World Obesity Day: Women are more affected by social stigma associated with being overweight
Obesity, now recognized as a chronic disease, is proven to be associated with an increased risk of developing nearly 200 complications, such as cardiovascular problems, diabetes, and cancer, experts warned...
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Women will decide where the family travels in 2025
The question ‘where should we go on holiday?’ probably comes to the lips of women much more often than men. The latter – of course there are always exceptions –...
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Hungarian potato production has declined significantly
Potato production and consumption in Hungary have decreased drastically in recent decades. The previously 15,000 hectares of cultivated area now only covers 6,000 hectares, and the amount produced does not...
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Wine market changes: declining consumption, challenges and opportunities
In recent years, there has been a significant transformation in the domestic and international wine market. In particular, the demand for red wines has decreased drastically, while the popularity of...
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New from Nestlé Fitness: no added sugar breakfast cereals in two flavours
In the last few years Nestlé Hungária Kft. added new products to its Fitness range, with the latest consumption trends in mind. In addition to Fitness cereals and granolas, two...
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The future of retail: cashierless stores and the spread of automation
Retail is increasingly moving towards automation and digitalization, but will the era of cashier-free stores come? According to Gábor Kende, CEO of Kende Retail, cashier-free technology is not only more...
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Winning steps in the world of Hungarian brands
In 2024 the MagyarBrands Programme assessed the business performance of thousands of brands for the fifteenth time, to find the exceptional ones relying on its complex selection system: this time...
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National Restaurant Week: the goal is to make quality gastronomy more accessible
The primary goal of the National Restaurant Week is to showcase the best places in Hungarian hospitality at affordable prices, but it also has a significant impact on the industry...
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Producer prices of slaughter cattle are also rising in the EU
According to AKI slaughter statistics, in January 2025, cattle slaughter in Hungary increased by 27.8 percent in live weight compared to January 2024. Cows, which account for more than two-thirds...
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GREEN BRANDS 2024 – sustainability awards for a green future
The GREEN BRANDS 2024 regional gala, held in Vienna’s historic Niederösterreich Palais in December, celebrated the best representatives of sustainability. Sustainability excellence from Hungary, Austria, the Czech Republic and Slovakia...
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Pizza at the Push of a Button: The Lehel Square Pizza Vending Machine Experience
The Hungarian internet collectively marveled at the recent appearance of a pizza vending machine on the corner of Lehel Square Market. Yes, a pizza vending machine—a device that, at the...
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Six out of ten employers plan to raise wages by 2025, but at a lower rate than last year
Similar to previous years, the majority of companies implemented the promised wage increases in 2024, and in fact, more companies increased their salaries than they had originally planned. However, the...
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Zoltán Guller is the Chairman and CEO of Szerencsejáték Zrt.
Minister of National Economy Márton Nagy will appoint Zoltán Guller, Chairman of the Board of Directors of the Hungarian Tourism Agency, as of March 5, 2025, as the Chairman and...
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Sustainability: K&H’s parent bank is among the top 15 percent of banks in the world
K&H’s Belgian parent bank, KBC Group, has been awarded an “A” rating for the third time in a row by the non-profit organization CDP (Carbon Disclosure Project), which annually surveys...
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MITTE is Allee’s new PR agency
MITTE Communications supports the marketing activities of Allee Shopping Center in the areas of PR strategy, press communication, media buying, and consulting. Located in the heart of the 11th district,...
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Applications for the development of small agricultural farms can be submitted from Wednesday
The Ministry of Agriculture is committed to strengthening the smallest agricultural producers and businesses and preserving the viability of small farms, which is why we are announcing our tender for...
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Kifli.hu customers have already received more than 100 million forints in credit
Nearly 50,000 customers use Kifli’s home-delivery return service every month. Since the introduction of the return system, more than 2 million bottles and cans have been returned to circulation through...
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The number of poultry and pig slaughters increased in 2024 84.8 thousand cattle were slaughtered
In Hungarian slaughterhouses in 2024, 4.4 percent less than the previous year, and 4 million 782 thousand pigs were slaughtered, 6.5 percent more (+292 thousand) than in 2023. 237 million...
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Pricing carries a risk
Last September the Court of Justice of the European Union (CJEU) ruled in a case that affects Hungarian pricing practices too. This article is available for reading in Trade magazin...
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Nestlé takes full ownership of Chinese confectioner Hsu Fu Chi
Nestlé bought a 60% stake in Hsu Fu Chi, a well-known confectionery brand in China, in 2011. Nestlé has acquired the remaining 40% stake in Chinese confectionery business Hsu Fu...
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Hungarian-North Macedonian agricultural relations reach a new level
The bilateral agricultural foreign trade balance increased by a record 60 percent last year, announced István Nagy, Minister of Agriculture, at the second Hungarian-North Macedonian government summit in Budapest. The...
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KSH: The foreign trade surplus in services was 2.7 billion euros in the fourth quarter
In the fourth quarter of 2024, exports of services in euros increased by 0.4 percent, while imports decreased by 1.6 percent compared to the same period of the previous year....
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Consumer protection conducted an inspection at the Lehel Square market
Consumer protection authorities conducted an inspection at the Lehel Square market: expired food and hygiene problems were found – the authority told MTI. According to the statement, employees of the...
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M&S INTRODUCING AI TOOL TO HELP CUSTOMERS CHOOSE THE PERFECT WINE
UK retailer Marks & Spencer has introduced a new Wine Finder tool – an AI-powered solution designed to provide personalised wine recommendations based on individual preferences. Marks & Spencer has...
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TikTok Shop welcomes merchants in Germany, France, and Italy
TikTok is boosting its European ecommerce operations. From now on, merchants can register to start selling through TikTok Shop in Germany, France, and Italy. Users of the social media platform...
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Egg prices rose by 20 percent in a year
According to European Commission data, the packing house price of table eggs in the EU was 240 euros/100 kilograms in the first eight weeks of 2025, which was a 6.5...
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The pace of consumer price inflation in the euro area slowed in February
Annual inflation in the euro zone fell slightly less than analysts had expected in February, according to preliminary data released by the European Union’s statistical office, Eurostat, on Monday. The...
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Almost a quarter of young people suffer from their family’s debt
According to K&H Bank, not only adults but also children can be seriously affected if the family is struggling with financial problems. According to a British survey, nearly a quarter...
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