Other
The support program for the smallest producers continues
Investment support for small agricultural holdings will continue with a budget of almost 30 billion forints, announced Minister of Agriculture István Nagy on his social media page. The Minister added...
Read more
Crisis resistance through AI and ESG
KPMG’s CEO Outlook 2024 survey reflects the views of more than 1,300 global companies, with annual revenues of at least USD 500m. 72% of CEOs are optimistic about global economic...
Read more
Can more than 125,000 people take out a workers’ loan?
The government is revealing more and more details about the workers’ loan. In addition to the conditions and regulations, today we also learned a few things about how much workers’...
Read more
Three-quarters of Hungarians are well-versed in AI, reveals Ipsos global survey
The Ipsos 2024 AI Monitor report provides a comprehensive picture of how people around the world and in Hungary relate to artificial intelligence (AI). While the majority trust that AI...
Read more
Sustainability pays off
The EY 2024 Sustainable Value Study involved 520 sustainability leaders, including 50 Hungarian professionals. This article is available for reading in Trade magazin 2024/12-2025/01 EY’s study highlights: companies that prioritise...
Read more
AI-Generated Ads May Have A Negative Effect On Consumer Perceptions
A new study by NIQ suggests that AI-generated advertisements could ‘dampen consumer perceptions’ about particular brands, with consumers viewing AI-driven ad content as more ‘annoying’, ‘boring’, and ‘confusing’ than traditional...
Read more
Are companies reducing their ecological footprint?
According to the latest data from the K&H Sustainability Index, two priority areas emerge in the sustainability efforts of Hungarian companies: reducing energy consumption and supporting employees to commute to...
Read more
Unilever Sells 100-Year-Old Brands
Unilever has announced that it has received a binding offer from Zwanenberg Food Group to acquire the Unox and Zwan brands. Both brands have been part of the Unilever portfolio...
Read more
Champagne consumption in Germany on the decline
Champagne consumption in Germany has fallen significantly in the last ten years, with 17% less champagne consumed in 2023 than a decade earlier, according to the German Federal Statistical Office....
Read more
Nestlé‘s launches drink that suppresses hunger, promotes GLP-1 production
The Boost pre-meal beverage is the latest offering from the global food giant that taps into the growing popularity of weight-loss drugs. Nestlé’s Boost brand launched a pre-meal drink to...
Read more
Carrefour launches 24/7 express grocery delivery in Dubai
The service offers over 10,000 products. Carrefour, operated by Majid Al Futtaim Retail in the UAE, has launched a 24/7 express grocery delivery service in Dubai. The pilot hub, initially...
Read more
dm is working on online pharmacy launch in Germany
dm will launch its own online pharmacy in Germany in 2025 to sell over-the-counter medicines from the Czech Republic. dm is planning to enter the OTC market with its own...
Read more
The support program for the smallest producers continues
The investment support for small agricultural enterprises will continue with a budget of almost 30 billion forints – announced István Nagy, Minister of Agriculture, on his social media page. The...
Read more
The future of the food industry: 50% of companies aim to implement sustainable solutions – Tetra Pak survey results
Food production continues to rely on energy-intensive processes and fossil fuels, presenting new challenges for producers. The pressure to optimise the production processes of raw materials, energy and water, as...
Read more
Christmas will be tighter for many
The gross financial assets of the Hungarian population reached 106 thousand billion forints in the third quarter of 2024. The revaluation of investment certificates and listed shares also played a...
Read more
Record high food prices in Hungary: discount chains are the winners of the situation
In recent months, food prices in Hungary have been rising steadily, which is also blatant at the European Union level. In some product areas, price increases of 30-50% were experienced,...
Read more
Hungarian shoppers no longer wait until the last minute to do their Christmas shopping,
Hungarian shoppers are no longer waiting until the last minute to start their Christmas shopping, many start buying gifts in November – shows Etele Plaza’s online research. Most spend 5-10...
Read more
Hungarian SMEs need more information on ESG requirements
A recent research by Billingo has found that 67% of medium-sized businesses are already aware of the ESG basics, while 61% of micro-businesses and 64% of self-employed people don’t have...
Read more
foodora: The biggest order of the year came from a Hungarian user
Food delivered in record time, in less than 4 minutes, a million forints worth of shopping and nearly a thousand orders placed by a single user: several extraordinary results were...
Read more
Unmarked eggs found in a van on the M5 motorway
More than sixty thousand unmarked eggs were seized by the National Tax and Customs Office (NAV) on the Bács-Kiskun County section of the M5 motorway. When the van with a...
Read more
The situation of lentil production in Hungary: challenges and opportunities
In recent years, lentil production has shown a significant decline globally, and in Hungary, production is only carried out on a negligible area. The domestic market’s import dependence is being...
Read more
Christmas rush: MOHU prepares for the holiday season with increased capacity
During the end-of-year holiday season, not only does the gift-buying fever and family preparations intensify, but the amount of returned beverage bottles also increases significantly. To address this, MOHU, a...
Read more
Mandatory indication of origin for nuts and dried fruit from 1 January 2025
From the beginning of 2025 it will be compulsory to indicate the country of origin on the packaging of certain nuts and dried fruit. The new rule will apply to...
Read more
Anikó Raisz: the goal is not to ban plastics, but to promote their safe and sustainable use
The aim is not to ban plastics, but to promote their safe and sustainable use within appropriate frameworks, said Anikó Raisz, the State Secretary for the Environment and Circular Economy,...
Read more
Why is chocolate in Dubai so expensive? It’s revealed!
In recent months, Hungary has also caught the Dubai chocolate fever, which has garnered worldwide attention. But why is it considered a luxury product, and why is it so expensive?...
Read more
Hungarians are also people of solidarity if their lives are made easier
Munipolis, which operates the municipal communication networks, has compiled statistics on socially motivated public notifications. As it turned out, about twice as many messages reflecting sympathy are generated during the...
Read more
The Santa Claus Factory will close its doors soon
The Santa Claus Factory will soon close its doors. Those who would like to donate have until 8:00 p.m. on December 21st to do so. Endre Zsolnai, the organizer of...
Read more
“Christmas Candy of the year in 2024” winners selected
This year was the fifth when the Christmas Candy of the Year competition was organised. Pear Jelly and Muscat by Stühmer in Maklár became Christmas Candy of the Year in...
Read more
The global reform of beekeeping can start from Jászberény
A multi-award-winning Hungarian development, which recently received professional manufacturing backing, has significantly automated one of the basic tasks of beekeepers. The hive frame machine stitches and drills out a hive...
Read more
There is a little scepticism about corporate sustainability
According to the Capgemini Research Institute’s 2024 survey, consumer confidence is still lacking despite the steps firms are taking towards sustainability. This article is available for reading in Trade magazin...
Read more