Events
Detailed regulations on margin stops have been published: who is affected and what products does it apply to?
The detailed regulations of the margin freeze introduced by the government have been published in the Hungarian Gazette, which will enter into force on March 17 and will be phased...
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NGM: the Council of the Elderly initiated the expansion of the range of products subject to VAT refunds
The Council of the Elderly has initiated the expansion of the range of products subject to VAT refunds, the Ministry of National Economy (NGM) announced in a statement on Wednesday....
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Humanoid robot available in Hungary
From January the Unitree G1 AI-powered humanoid robot is available in the Hungarian market from Unitree Robotics. This article is available for reading in Trade magazin 2025/2-3. This model is...
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Analyst: Food pricing, which involves huge extra profits, must be brought within reasonable limits
Food pricing, which represents a huge extra profit for food retailers, must be kept within reasonable limits, and the 10 percent margin freeze announced by the Prime Minister can be...
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Hungarian premium foods are in the greatest demand in Japan
Agrármarketing Centrum organized a community appearance at one of the most important food and beverage trade fairs in the Pacific region. Foodex Japan is an event exclusively for the trade,...
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Solutions to soaring food prices: opposition proposals to reduce VAT and special taxes
In recent months, the debate over the drastic increase in food prices has intensified again, to which several opposition parties have responded with strong proposals. Momentum, DK and the Tisza...
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Róbert Zsigó promises serious control of margin restrictions
We will protect families and pensioners, we will prevent unjustified price increases – emphasized the Parliamentary State Secretary of the Ministry of Culture and Innovation in a video uploaded to...
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The European Commission would simplify sustainability reporting – what does the Omnibus package bring?
On 26 February 2025, the European Commission published a new package of proposals that address several key elements of the European Green Deal. The so-called Omnibus package proposes significant amendments...
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Hungarian companies must answer sustainability questions
Hungarian companies have only a few months to prepare: from July 1 this year, banks will have to collect more and more data and information from their corporate loan clients...
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We have something to lose and protect
It is important to draw the attention of Hungarian farmers to the fact that we have something to lose and protect, the Minister of Agriculture stated on Tuesday, at the...
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What do corporate executives think about art?
Art is Business is organizing an event entitled “Top executives and art – the value of heritage and art” on March 27, 2025 at the Apollo Gallery. The event will...
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Could the foot-and-mouth disease epidemic further worsen store prices?
After fifty years, foot-and-mouth disease has reappeared in Hungary, which could have serious economic consequences. Although consumers are not yet feeling the impact on food prices, the export market is...
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GELATISSIMO 2026: The largest professional meeting of the ice cream industry in Stuttgart
Ice cream lovers and industry representatives are eagerly awaiting the next big event: from February 7 to 11, 2026, Stuttgart will once again become the center of artisanal ice cream...
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The price of imported salads has increased
According to KSH data, Hungary’s head lettuce imports decreased by 4 percent (to 1,050 tons) in 2024 compared to the previous year. Spain remained the largest supplier, from which 375...
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Here is NAV’s 2025 audit plan – new forms of audit, new areas in focus
The NAV 2025 audit plan has been published, in which, similarly to the previous year, the differentiated, risk-based approach is given a prominent role. NAV is further refining the process...
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NAV will pay attention to these professions
The National Tax and Customs Administration (NAV)’s 2025 audit strategy is based on the efficient use of data assets, the incorporation of audit experience, and the monitoring of taxpayer life...
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How does generative AI think? Szeged researchers are looking for answers to the secrets of chatbots
Artificial intelligence (AI) helps us with more and more tasks in our everyday lives, but what happens in the “head” of a chatbot when it answers a question or interprets...
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Several domestic wineries accused of serious fraud
The Budapest Prosecutor’s Office has indicted eleven people, including the head of a renowned winery in Szekszárd, in a major budget fraud case. The people involved tried to obtain domestic...
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Investment is the right answer to challenges
Investment is the only right answer to challenges and crises in agriculture, István Nagy said on Tuesday in Budapest, on the occasion of the handover of the supporting documents for...
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Lipton enters kombucha market with flavoured trio
Iced tea brand Lipton has added a three-strong range of flavoured kombuchas. Cans in Strawberry Mint, Raspberry and Mango Passionfruit have rolled out in Morrisons, Sainsbury’s, WHSmith and on Amazon...
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Consumer confidence in branded products is growing again in Germany
The popularity of private label products has somewhat waned and fewer consumers consider them an equivalent alternative to branded products, Lebensmittelpraxis reports citing the latest research by consultancy firm Smartcon...
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Wheat prices have risen significantly
In its February forecast, the International Grains Council indicated a global wheat harvest of 797 million tons for the 2024/2025 marketing year, 2 million tons more than the previous season....
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Mercadona Becomes Fourth Largest Retailer In Portugal
Mercadona reported the highest market share growth in 2024 in the Portuguese grocery market to become the fourth-largest retailer. According to Kantar data published by daily Expansion, the Spanish chain...
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Bird flu has reappeared in Csongrád-Csanád County
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of the bird flu virus in Csongrád-Csanád County. The liquidation of the affected herd has begun...
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KSH: in February consumer prices exceeded those of a year earlier by an average of 5.6 percent
In February 2025, consumer prices were 5.6 percent higher than a year earlier. Consumer prices rose by 0.8 percent on average in one month, with food prices rising by 1.2...
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Viktor Orbán is also upset about the price increases
Enough is enough, we will put an end to unjustified price increases – the prime minister announced on his social media page on Tuesday. In a video shared on his...
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Price Cap on 30 Essential Food Products: Government’s Strategy to Curb Inflation
The Hungarian government has announced another price control measure in the food sector. On Tuesday, Prime Minister Viktor Orbán revealed that, starting in mid-March, a price cap will be imposed...
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The OKSZ Takes a Stand on the Margin Cap Regulation
Regarding the government’s proposed price regulation measure, the National Trade Association (OKSZ) believes that competition-based pricing is the most effective way to preserve and strengthen consumers’ purchasing power while achieving...
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NGM: we are fighting against unjustified price increases
The government is constantly working to make families’ money worth more and to be able to manage more. The government is therefore monitoring the development of prices, especially food prices,...
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Another unpleasant inflation surprise
Despite the expected slight slowdown, inflation continued to rise in February, according to data published this morning by the Hungarian Central Statistical Office (KSH). Consumer prices rose by 0.8 percent...
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