Market News
Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the company trend. The willingness to start a company fell by 30% in March compared to the previous month. Declining new...
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IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions of IGD, which outlines five trends that are set to shape the retail market in 2024 and beyond. This article...
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Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of domestic enterprises, said the Secretary General of the Entrepreneurial Interest Representation at the press conference presenting the results of the...
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Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first vegan activist to appear on this year’s “30 successful Hungarians under 30” list by Forbes magazine. A cikk a Trade...
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UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA Champions League, the UEFA Europa League and the UEFA European Conference League until 2027. As a result of this, Just...
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Aldi and Grabango announce AI-powered checkout-free tech
Similar to Amazon’s “Just Walk Out” tech, it was rolled out at a store in suburban Chicago German discount grocer Aldi, and its partner Grabango, have publicly announced the launch...
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Nestlé identifies “climate-resilient coffee plants” using data science methods and AI
Nestlé experts are exploring how advanced data science and AI can be leveraged to help select and breed more climate-resilient plants amid climate change threatening coffee cultivation. While more than...
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Plant-based proteins offer “complete” source of essential amino acids, experts reveal
A new report aims to bust the “myth” of plant-based protein being an incomplete source of essential amino acids, arguing that many of the most popular vegan proteins contain all...
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Hungary has plenty of work to do in the regional “long-distance running”
Based on the ten- and twenty-year trends – one of the most important indicators of which is GDP per capita measured at purchasing power parity – the Hungarian economy is...
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Consumers hate “dynamic pricing”.
In the past period, customers had to familiarize themselves with a new concept: dynamic pricing. Many consider it a simple scam, but the companies insist on it nonetheless. Prices used...
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NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible environmental, social and corporate governance (ESG) is to strengthen the competitiveness of Hungarian enterprises and promote the creation of a...
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György Raskó: the purchase of basic foodstuffs is also a serious challenge for many Hungarian households
The serious problem of impoverishment is still noticeable among the Hungarian population, say experts. According to agricultural economist György Raskó, even the purchase of basic foodstuffs is a serious challenge...
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According to international financial institutions, Hungary is returning to the path of economic growth
According to the forecasts of the international financial institutions, the Hungarian economy will return to the growth path this year, which could be above 2 percent – said Tibor Tóth,...
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In the OECD, inflation stagnated in February
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the average annual increase in consumer prices was 5.7 percent in February, the same as in January....
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Digimeter 2024: Reorganization instead of digital catch-up
After 2020, 2021 and 2022, Digiméter assessed the level of digitization of domestic small and medium-sized enterprises (SMEs) for the fourth time. The value of the main index, measured on...
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The current labor market situation favors companies ready to expand
here is still an active presence of employees in the domestic labor market. As in the previous quarter, nearly 20% more applications were made in the first three months of...
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Upcoming changes in the Hungarian Food Book
Trade magazin has asked deputy state secretary Dr Beáta Olga Felkai about the upcoming changes in the Hungarian Food Book: “The Hungarian Food Book is a collection of legislation, some...
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It turned out how productive Hungarian companies are
We need to prepare for hybrid working in the longer term: more than a third of Hungarian white-collar workers work from home for at least one or two days –...
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Soon you can withdraw money for free at the Post Office
From January 1, 2025, new rules regarding cash withdrawals will enter into force in Hungary. According to the decree, it will be possible to withdraw a maximum of HUF 150,000...
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Tesco: dedicated menopause section in the UK
In the United Kingdom Tesco is testing a menopause section: it is marking menopause-relevant products with the world’s first universal symbol, the M-tick, both online and offline. From 7 February...
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What will you be eating tomorrow?
Plant-Powered Perspectives is a business conference, which took place for the third time last year at the METRO Gastro Academy, and it is also Hungary’s premier plant-based food event. This...
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Agricultural subsidies: MBH Bank provides pre-financing for up to several years
MBH Bank further expanded the possibilities of pre-financing agricultural subsidies. At the credit institution, farmers can now apply for pre-financing of grants within the framework of the Unified Applications, not...
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Construction of the industrial park next to the logistics center continues in Zalaegerszeg
The second phase of the construction of the industrial park to be built next to the future logistics center of the German Metrans will continue in Zalaegerszeg at a cost...
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Agrometeorology: nighttime ground frosts are returning
Temperatures corresponding to the first half of April will remain, and at night, weak frosts will threaten the fruit harvest in the frost-prone areas, HungaroMet Zrt. wrote in its agrometeorological...
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Mercadona Boosts Investment In Portugal
Spanish supermarket chain Mercadona is planning to inject €180 million into its Portuguese subsidiary to fund continued expansion plans in the country throughout 2024. The additional investment will directly support...
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HelloFresh Opens New Automated Production Facility In The UK
Meal kit firm HelloFresh has opened an automated production facility in Derbyshire, as it seeks to boost the growth and innovation of its brands in the UK. The site, named...
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Agricultural insurance claim payments decreased in 2023
Agricultural premium income totaled HUF 32.8 billion (-10 percent), and damage payments totaled HUF 12.1 billion (-77.2 percent) in 2023. Thus, revenues decreased by a tenth and payments by almost...
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Card payments continue to grow in Germany
According to data from the EHI research centre, card payments in the German retail sector have reached €300 billion for the first time. Girocard is particularly popular with shoppers. „The...
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The aflatoxin load of Hungarian consumers was examined by Nébih specialists
The University of Debrecen and the National Food Chain Safety Office (Nébih) participated in a joint project entitled: “Determining the short-term and long-term aflatoxin exposure of Hungarian consumers in the...
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Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the European Union, including Hungary. In connection with this, GKI has examined how the consumption of the population changed during the...
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