Market News

Euro zone inflation was 2.4 percent in April as well after March

In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...

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The Hungarian Marketing Association elected new board members

The defining organization of the profession, the Hungarian Marketing Association (MMSZ), organized its renewal general meeting on May 15 in Haris Park, at which the members elected an expanded, now...

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An all-around convincing performance by this year’s EuroCIS

This year’s EuroCIS – the leading trade fair for the retail technology industry – was a big success. This article is available for reading in Trade magazin 2024/5 The trade...

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Mihály Varga: the economy is entering a phase of intensive development

Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...

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Beyond Meat expands into Co-op in the UK

Beyond Meat’s plant-based alternatives are now available in 800 Co-op stores across the UK. The meat-free vegan brand’s products are available in the convenience chain’s frozen food section nationwide. Beyond...

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In Austria, inflation slowed down in April

The rate of annual growth of consumer prices in Austria fell to 3.5 percent, the lowest since September 2021, in April following the previous month’s 4.1 percent, in accordance with...

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KPMG is testing AI as a compliance specialist helping the work of consultants

Hungarian for Innovation organized by the Joint Venture Association (JVSZ). At the conference, a KPMG Hungary employee reported on their experiment, in the framework of which they supported the process...

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Sweden’s Essity Invests In New Research And Development Centre

Swedish hygiene products maker Essity is investing in a new research and development centre in Alsace, France, that will focus on tissue hygiene products. Essity seeks to develop new methods...

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Tesco teams up with suppliers to tackle hygiene poverty

Tesco has again joined forced with its suppliers from well-known household brands such as Andrex, Aquafresh, Bodyform, Radox, Sure and Wilkinson Sword to distribute millions of personal care items to...

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The European Union started the year with significant growth and a decrease in inflation

According to the latest report of the European Commission, at the beginning of 2024, the economy of the European Union began to grow at a surprisingly fast pace, while inflation...

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NGM State Secretary: the restoration of consumption and the credit market is among the most important economic policy goals

The state secretary responsible for economic strategy, financial resources and macroeconomic analysis of the Ministry of National Economy (NGM) listed the restoration of consumption and the credit market, the resumption...

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The missing workforce – Lawyers from PwC Legal, Dr László Szűcs and Dr Melinda Molnár were the guests of Chain Bridge Club

At the end of December, a new law on the entry and residence of third-country nationals was passed. Then we had to wait another two months for detailed procedural rules,...

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Carlsberg and Erdinger celebrate the legendary head coach of Liverpool FC with a limited edition beer collection

To mark the departure of legendary Liverpool FC manager Jürgen Klopp, Carlsberg has teamed up with ERDINGER Weissbräu to release a limited-edition celebratory beer – with a bottle for each...

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The Court of the Union struck a hole in our tax procedure rules

According to the decision made by the Court of Justice of the European Union on May 16, 2024 (C-746/22), the Hungarian rule that does not allow foreign taxpayers in VAT...

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Bamboo milk could replace cow’s milk

A new study published in Trends in Food Science & Technology outlines the potential of bamboo as a key raw material to feed the world’s growing population. This article is...

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The government stands by the grape growers and the winemakers

There are enough challenges in the grape and wine sector, but the Hungarian government stands by the producers and the winemakers, as it has so far and will continue to...

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Researchers recommend changing the name and nutritional recommendation of the vitamin A group

Az újonnan felfedezett A5-vitamin miatt az A-vitamin csoport új elnevezését és a táplálkozási ajánlások kiigazítását javasolja Bánáti Diána, az Szegedi Tudományegyetem (SZTE) professzora és Ralph Rühl berlini kutató – tájékoztatta...

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More young people expect higher salaries

The overwhelming majority are young people who expect their salary to increase during the year: 74 percent of working 19-29 year olds expect a salary increase this year according to...

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Among the most competitive sectors is the poultry sector

We help the poultry sector with direct and national subsidies, animal welfare subsidies, temporary subsidies, and subsidies from rural development programs – said Minister of Agriculture István Nagy on Thursday...

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AI may also help you brush your teeth

Dental and oral hygiene mean quite a challenge in Europe and Hungary. According to the WHO, dental problems or other oral disorders can be detected with more than half of...

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Walmart to cut hundreds of corporate jobs, bring remote workers back in

Walmart is cutting hundreds of corporate positions and asking some workers to relocate from smaller offices to larger locations, according to Supermarket News that refers to a report in the...

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Arla and Nestlé to donate equivalent of 1.25m meals with FareShare

Arla and Nestlé have teamed up to donate the equivalent of 1.25m breakfasts to food charity FareShare to support families and communities across the UK. Arla will be providing Cravendale...

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Michael Flatley Launches His First Signature Irish Whiskey

Renowned Irish dancer Michael Flatley has launched Flatley Whiskey: The Dreamer – his first signature Irish whiskey from a series of special blends. The Irish whiskey has been crafted in...

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Agrometeorology: the drought will be alleviated by heavy rain in the next few days

Heavy rains will ease the drought in the next week, wrote HungaroMet Zrt. in its Thursday agrometeorological analysis. They wrote that the soil near the surface of the southwestern part...

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Sour cream is also a luxury for many

In the past year, the market for milk and milk products was significantly affected by inflation, as a result of which consumption decreased to an extraordinary extent. According to Zoltán...

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NIS2 countdown: One and a half months to register

The NIS2 directive sets out a number of requirements for the cyber and information security of the EU member states. In Hungary, the “2023. XXIII Act on Cyber Security Certification...

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Germany’s REWE to open a vegan store this spring

According to a report published on Plant Based News, REWE is planning to open a purely vegan store in Berlin, as there is a huge demand for plant-based foods in...

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Food inflation slowed down in France and accelerated in Spain

In April, the annual inflation rate in France slowed to 2.2%, down from 2.3% in March, as reported by the French National Institute of Statistics and Economic Studies (Insee). Conversely,...

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SPAR Netherlands extends cooperation with EG Group

SPAR Netherlands is extending its partnership with EG Group (Euro Garages), in order to build on each other’s strengths and expertise to develop a future-proof venture that creates value for...

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A third of young people barely know anything about finances

57 percent of young people have some kind of banking relationship. The higher the level of school a child attends, the more likely it is that he has knowledge about...

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