News and articles
OECD further improves forecast for global GDP growth this year
The Organization for Economic Co-operation and Development (OECD) has upgraded its forecast for global GDP growth this year, the organization announced on its website on Tuesday. The OECD revised its...
Read more
EPR fees will increase from October: the prices of several products may double
From October 1, the price of many products in Hungary may increase significantly following the decree of the Minister of Energy – writes Index. According to the legislation published in...
Read more
MNB: slower growth, declining inflation expected
The Hungarian National Bank lowered its GDP growth forecast for this year to 0.6 percent in a statement following the interest rate decision. The inflation forecast, however, improved slightly, partly...
Read more
A new manager has joined the Zwack Unicum Plc. team
Beáta Harcsa will be the Marketing Director of Zwack Unicum Nyrt. from September. The professional with more than twenty years of domestic and international FMCG experience will be responsible for...
Read more
Euronics launches a unique initiative
Although more and more people are addressing their mental health, the topic is still considered taboo, so few dare to ask for help, according to Euronics research. Half of Hungarians...
Read more
A new era in the carbon credit market: the end of greenwashing
The renewal of Hungary’s carbon credit market may begin in Szihalom: the Solar Markt Group’s solar power plant in Szihalom has become the first in the country to receive internationally...
Read more
Panasonic expands heat pump production in Europe with 320 million euros investment
Panasonic opened its renovated and expanded Pilsen factory in September, investing a total of €320 million. The plant will be able to produce up to 1.4 million indoor and outdoor...
Read more
Athletes from four continents at the Waberer’s Gymnastics Challenge World Cup
Between September 26-28, Szombathely will host the Waberer’s Gymnastics Challenge World Cup, where gymnasts from 38 countries will compete in the final test of strength before the World Championships in...
Read more
Price increase intentions of companies are down, but…
In recent years the Hungarian economy has been hit by several external shocks. This article is available for reading in Trade magazin 2025/8-9. The first of these was the Covid-19...
Read more
Prestigious recognition in record time: Gault&Millau awarded La Vie gourmet restaurant with two chef’s toques
Just three and a half months after opening in May, Le Primore Hotel & Spa’s gourmet restaurant, La Vie, has already won a prestigious award. In the latest Gault&Millau Hungary...
Read more
Hungary argues for realistic climate goals in EU debate
The European Commission proposes to reduce the EU’s net greenhouse gas emissions by 90 percent by 2040 compared to 1990 levels. According to the Hungarian position, the objectives should be...
Read more
It would be disadvantageous if the European Commission also tied the payment of agricultural funds to political conditions
It would be extremely serious and disadvantageous if the European Commission also tied the payment of agricultural funds to political conditions in the seven-year EU budget after 2027, as this...
Read more
Focus on the international presence of Hungarian agriculture
Amidst international challenges, the role of specialist diplomats in representing the interests of the Hungarian agricultural and food industry, expanding export opportunities and bringing good practices home is becoming particularly...
Read more
Clinical drug trials in Hungary are in decline
Few and fewer clinical drug trials are taking place in Hungary, even though the sector was previously considered one of the international leaders – writes Economx. Our country is still...
Read more
Gala apples are cheaper than a year ago
In Poland, this year’s Gala apple harvest is coming to an end, and purchase prices have already fallen below last year’s level, FruitVeB reported. While in the first weeks of...
Read more
The Czech parent company of Árukereső increased its revenue and operating profit last year
The parent company of the price comparison site Árukereso.hu, the Czech-based Heureka Group, had a successful year last year, with its sales and gross profit reaching near historic highs last...
Read more
Talentis Agro Group increased its irrigated areas
The new irrigation farms of Bakuczi Öntözézi Közösség Kft. and Csárdaszállási Öntözézi Közösség Kft. have been handed over, thanks to the investments made of nearly 1.6 billion forints, the irrigated...
Read more
A new Hungarian development utilizes mushroom production waste
Mushroom production waste is utilized in a new development by Bio-Fungi Ltd. and the Hungarian University of Agricultural and Life Sciences (MATE), Bio-Fungi told MTI. The consortium’s project, which began...
Read more
AM: Animal husbandry has almost doubled since the national government
Animal husbandry has almost doubled since the national government – the Ministry of Agriculture (AM) told MTI on Friday. The statement quoted Imre Hubai, the Minister of State for Agriculture...
Read more
Visit Hungary: Balaton Uplands has become Hungarians’ favorite national park
Among the ten national parks in our country, the Balaton Uplands National Park is considered the most beautiful by Hungarians – this is what is revealed in the online survey...
Read more
Gellért Baths to close for renovation, Rudas opening hours to change
The Gellért Thermal Bath and Swimming Pool will temporarily close its doors from October 1st, the Budapest Thermal Baths and Swimming Pool Company (BGYH) announced. The long-planned renovation, expected to...
Read more
Sunflower seed prices continue to rise
According to Stratégie Grains, spot sunflower seeds in Argentina were traded at a price level of $10 higher, at $455/ton (FOB Buenos Aires), between July 11 and August 15. In...
Read more
Drinking water pipe: asbestos cement or PVC? It doesn’t matter
The majority of Hungarians drink tap water, but a third of those surveyed do not know which pipe brings the most important natural liquid to their glass – research by...
Read more
Ministry of Agriculture: the domestic pig sector is on solid footing
Despite the challenges of recent years, the domestic pig sector is on solid footing, and they intend to maintain animal welfare subsidies under the same conditions next year – announced...
Read more
An exhibition titled “Sanitary” about the reality of hygiene poverty opens at the KULT7 Gallery
An exhibition titled Sanitary, presenting the reality of hygiene poverty in Hungary, will open on October 2 at the KULT7 Gallery in Budapest. The focus of the exhibition by the...
Read more
Weak to medium plum harvest expected in Hungary this year
According to the forecast of the German Statistical Office (Destatis), Germany’s plum harvest in 2025 is expected to be around 44.5 thousand tons, which would exceed the amount harvested in...
Read more
Heineken agrees to buy FIFCO assets in Central America push
FIFCO will retain its hotels and hospitality businesses in Costa Rica and its 25.14% stake in glass manufacturing business Comegua Dutch brewer Heineken is to acquire the beverages and retail...
Read more
Amazon Fresh to shut all UK stores as it ramps up online presence
Amazon Fresh is to close all of its brick-and-mortar stores, to make way for new Whole Foods locations, as it expands its online delivery partnerships with Morrisons, Co-op, and Iceland....
Read more
István Jakab: V4 agricultural chambers stand in favor of preserving EU agricultural subsidies
The agricultural chambers of the Visegrad countries (V4) stand united in favor of preserving EU agricultural subsidies – said István Jakab, Vice President of the Parliament, at a press conference...
Read more
China tightens controls on livestream trade
China’s State Administration for Market Supervision (SAMR) said on Tuesday it will launch a stricter inspection campaign to crack down on online commerce abuses involving live streaming. Liu Junwei, deputy...
Read more