News and articles
DK calls for reducing VAT on basic foodstuffs to five percent
During the last month’s official inspections, the National Trade and Consumer Protection Authority (NKFH) identified several potency-enhancing preparations that were marketed as dietary supplements, food or natural libido enhancers, but...
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Consumer protection found potency enhancers on the market that are dangerous to health
During the last month’s official inspections, the National Trade and Consumer Protection Authority (NKFH) identified several potency-enhancing preparations that were marketed as dietary supplements, food or natural libido enhancers, but...
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A new era in personal hygiene
Nowadays, with the strengthening of health awareness, the field of personal hygiene and incontinence management is receiving increasing attention. Those concerned are looking for discreet, comfortable and sustainable solutions. For...
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NAV: selling self-produced fruit may be tax-free up to an annual income of six hundred thousand forints
The sale of self-produced vegetables and fruit may be tax-free up to an annual income of six hundred thousand forints, but if someone sells their produce on a commercial basis,...
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The storm hit the favorite resort of Hungarians – shocking video!
An extraordinary storm hit Split, Croatia, on Tuesday morning, turning the city’s streets into floods in minutes, MTI reported, citing local media reports. The storm, which came with wind gusts...
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The closed bathhouse of the Hévíz Lake Spa can reopen with government support
The government has taken a significant step for the future of the Hévíz Lake Spa: they are providing 381 million forints in support for the temporary restoration of the bathhouse...
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The Dutch can cook using a virtual chef in the Albert Heijn app
Dutch supermarket chain Albert Heijn has added a new AI kitchen assistant feature to its app. This article is available for reading in Trade magazin 2025/6-7. In the Mijn AH...
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Wizz Air resumes flights to Israel
Wizz Air will resume its flights between Tel Aviv and Budapest on August 8, a month earlier than planned, the airline announced. The reason for the restart is its commitment...
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Tourist invasion in Europe: the summer of Mediterranean overtourism
School is out, vacation is coming: Europe’s most popular holiday destinations are already suffering from the pressure of tourism. Residents of Rome, Barcelona, Venice and Tenerife are increasingly taking action...
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Prison for crypto? The Hungarian market is in complete chaos
On July 2, Hungary effectively criminalized cryptocurrency trading – or so it seems based on recent amendments to the Criminal Code. These changes make both service providers and individual users...
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Annual inflation in Ukraine eased in June after more than two-year high
In Ukraine, the annual rate of consumer price inflation slowed in June after reaching a more than two-year high in the previous month. According to the Ukrainian Statistics Office, the...
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Hungarian university cooperation can help the cultivation of berries
The Hungarian University of Agricultural and Life Sciences (MATE) and the University of Sopron are working on a solution with the support of the National Chamber of Agriculture (NAK) that...
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How can we effectively search for a job in 2025?
The number of applications received for job advertisements is currently outstanding in several areas on the labor market. A large number of applications are received for each position within a...
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HungaroControl: Hungarian air traffic control has had its busiest start to summer
Hungarian air traffic control has had its busiest start to the summer, with traffic in Hungarian airspace increasing by about 3 percent in June compared to the same period last...
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Bird flu: What is the situation in the United States?
Seasonal migration of wild birds and the import of certain US products, such as raw milk products, could potentially introduce the highly pathogenic avian influenza (HPAI) genotype affecting US dairy...
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Plant-based supplements market to reach $42.27b by 2030
The global plant-based supplements market is projected to grow from $27.52b in 2025 to $42.27b by 2030, at a CAGR of 9.0%, according to a new report by MarketsandMarkets. Demand...
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Stormy winds hit Lake Balaton and the capital – swimming is prohibited at the lake
A second-degree storm warning is in effect for the entire area of Lake Balaton due to stormy weather, so swimming is currently prohibited. According to the Időkép report, the lake’s...
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Walmart opens first-ever owned and operated case-ready beef facility
The discount giant opened a case-ready beef facility in Olathe, Kan. On Friday, June 27, 2025. This marks the first time Walmart has had an owned and operated location for producing...
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Popcorn recalled due to packaging containing inappropriate chemicals
Popz Europe Kft. has recalled its “Popz popcorn butter and salty” products from the market due to the presence of compounds above the limit value in the packaging, so-called PFOA...
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At the initiative of Hungary, a call is being sent to Brussels: Protect the interests of farmers instead of Ukraine!
At the initiative of our country, the agricultural ministers of the EU member states bordering Ukraine are calling on Brussels in a joint statement to protect European farmers against the...
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Generali: the storms of early July devastated the country
Global warming is already affecting our daily lives: in recent years we have been faced with extreme weather events and the damage they cause more and more often. At the...
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Anheuser-Busch invests $17M in Houston brewery
The beer giant has spent $2 billion during the last five years on its manufacturing network despite a slowdown in consumption. Anheuser-Busch plans to spend $17 million on its Houston...
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Free irrigation water results in cost savings of more than 10 billion forints for farmers
260 locations across the country are being intervened to alleviate water shortages and help reduce the harmful consequences of climate change – the State Secretary for Agriculture of the Ministry...
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KSH: consumer prices exceeded the same month of the previous year by an average of 4.6 percent, and May prices by 0.1 percent
In June 2025, consumer prices were 4.6 percent higher on average than a year earlier. Compared to May, prices were 0.1 percent higher on average, the Central Statistical Office (KSH)...
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Inflation has accelerated
Drugstore products saw a more moderate price decrease than expected in June, while food prices also rose and jewelry prices continued to rise. Inflation is expected to be around 4-4.5...
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Record results and international growth at the Pek-Snack Group
The Hungarian-owned Pek-Snack Group closed last year with a record-breaking HUF 12.7 billion in sales and an EBITDA profit of HUF 2.5 billion. The bakery manufacturer, which is present in...
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NAV’s inspection series at Lake Balaton and Lake Velence will start this week
The National Tax and Customs Administration (NAV) began its summer inspection series this week, during which the inspectors will inspect, among other things, popular tourist resorts, beaches and outdoor events....
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Monthly affair, shared responsibility: 100 thousand products against menstrual poverty
Nearly 100,000 products, a total of 3,000,000 forints in support, are the results of the fundraising and awareness campaign announced by Tesco and its supplier partners at the beginning of...
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MVI annual statistical status report on hospitality
The Hungarian Catering Industry Association (MVI) publishes its statistical status report on the hospitality industry annually, which, like in previous years, was prepared by Károly Zerényi, the MVI’s presidential advisor,...
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NAV: Several tons of vegetables transported with insecticides have been withdrawn from circulation
Several tons of vegetables were withdrawn from circulation because insecticide was found in a truck along with the food – the National Tax and Customs Administration (NAV) told MTI on...
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