News and articles
Magazine: Online retail is booming all over the world
According to the Nielsen report ‘Future Opportunities in FMCG E-commerce’, global online retail sales are growing four times faster than offline retail sales, and they will expand by 18.4 percent...
Read moreRetail sales continue to grow in January, according to GKI
In January this year, retail sales growth is expected to increase to 5.4 percent and in the first half of 2019 an increase of 4.5 percent is expected on average...
Read moreKSH: export surplus continued to decrease
In November last year, the value of exports in euro increased by 4.7 percent and imports by 7.3 percent, compared to the previous year. The foreign trade surplus fell by...
Read moreKavosz: it is important not to lose EU funds after 2021
It is important for the Hungarian entrepreneurial community not to lose EU development funds in the 2021-2027 period – Krisán László, CEO of Kavosz Zrt. told M1 news channel on...
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Analysts: foreign trade surplus may decline further
The dynamic growth of domestic consumption and investment continues to exert a significant suction power on imports, while the uncertainty of external market activity risks jeopardizing export growth prospects, and...
Read moreThe World Bank is indicating a slowdown in world economic growth
Compared to the downward revision of GDP growth last year, the World Bank indicates a further slowdown in world economic growth in its latest forecast, referring to the decline in...
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The Agricultural Chamber prepares a uniform guide to game damage assessment
The National Chamber of Agricultural Economics (NAK) prepares a uniform guide to damage assessment – the Chamber of Agriculture told MTI on Wednesday. The main aim of the guide, which...
Read moreThe formulation of concrete measures for sustainability is not easy
According to PwC’s study, nearly three-quarters of the organizations (72%) mention sustainable development goals in their annual corporate or sustainability report, which represents a 10% increase over last year –...
Read moreChinese are spending less and less on luxury items
Chinese customers are buying fewer and fewer smartphones, the sales of their expensive watches and handbags can also decline in the future – origo wrote. The fact that Apple announced...
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Euro area’s unemployment rate is on a ten-year low
Ten years ago, the lowest unemployment rate in the euro area declined in November on the basis of the European Union’s statistical office – according to the report of Eurostat...
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FAO: Food Price Index declines in November
Globally traded food commodity prices declined in November, led by marked drops for palm oil and other vegetable oils, the Food and Agriculture of the United Nations said today. The...
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Henkel announces ambitious targets for sustainable packaging
Building on its existing efforts and progress in sustainable packaging, Henkel is stepping up its commitment to further promote a circular economy: The company has set itself additional targets embedded...
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Magazine: Consumer values and trends appearing in eating habits
There are innumerable innovations launched, but the majority of these aren’t successful, e.g. in the FMCG market more than half of the new innovations fail. There are many reasons for...
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Milk prices can rise in the second half of the year
In the first days of January, UHT and ESL milk became cheaper in stores by about 11 percent, according to a survey by the Milk Product Council – Istvánfalvi Miklós,...
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Etele Plaza is under construction
The Etele Plaza is under construction in the largest multimodal node of the country, which connects several modes of transport, in the immediate vicinity of Etele Square – origo wrote....
Read moreMLBKT: the purchasing manager index increased in December
The seasonally adjusted December value of the Purchasing Manager Index (PMI) was 54.2 points after the 53.5 points in November. According to the survey, the respondents reported on more favorable...
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KSH: industrial production increased by four percent
Industrial production increased by 4.0 percent last November compared to a year before: According to the working day adjusted data, production grew by 3.5 percent, according to the first estimate...
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Hungary is the first to draw EU funds
In 2018, the European Commission allocated 4.4 billion euros to Hungary, ie more than 1,400 billion HUF development funds – said Schanda Tamás, Minister of State of the Innovation and...
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Nébih withdrew several oat-based products
In recent weeks, several oat-based products have been withdrawn by the National Food Chain Safety Agency (Nébih) because of their higher levels of DON mycotoxin than the upper limit of...
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The economic sentiment in the euro area fell to a two-year low in December
With twelve months of continuous decline, the European Commission’s Economic and Financial Directorate, DG EcFin Euro Zone Economic Sentiment Index (ESI) reached a two-year low in December. Hungary has the...
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Large clothing brands do well in China
The interesting compilation of The Atlas reveals the percentage of the sales of the large clothing brands realized in China – origo wrote. China is the world’s second largest market...
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Free beer and ice cream is a reward for cycling
In Bologna, Italy, the city administration encourages the public with free beer and ice cream to use bicycles, public transport, or go by foot instead of driving a car. In...
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Starbucks Blonde Espresso Roast launches in stores around Europe
Today, Starbucks announces the launch of its Blonde Espresso Roast to over 3,000 stores throughout EMEA, bringing customers an entirely new way to experience coffee. By introducing a Blonde Espresso...
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Mars has a new Central-Eastern European director
Brian Ayling is following Stéphanie Le Béchec in the position, who is moving on to be a Regional Food President. Ayling used to be the General Manager of Mars Multisales...
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Magazine: Jó idők, rossz idők
Nemcsak innovációban, értékesítésben, hanem – a szélsőséges időjárás miatt – már beszerzésben és termelésben is a maximumot kell nyújtaniuk a gyorsfagyasztott zöldségek-gyümölcsök gyártóinak. Ugyanakkor (csakúgy, mint a többi gyorsfagyasztott kategóriában)...
Read moreKSH: retail sales continued to increase
According to the raw data of last November, retail sales increased by 5.3 percent and calendar effect adjusted by 5.2 percent, compared to a year before – the Central Statistical...
Read moreAnalysts: retail sales growth may slow down this year together with real wages
Analysts interviewed by MTI were not surprised by the slight slowdown in the growth rate of retail sales in November, which was supported by the high base data for the...
Read moreHeineken is expanding in Sopron
Heineken Hungária reorganizes the entire production and logistics center into the Sopron center from the Martfű plant as part of the multi-stage decommissioning. Despite the transformations, the brewing company closed...
Read moreReverse taxation for cereals to extended
The application of reverse taxation in addition to greenhouse gases and steel products to be extended to cereals and oilseeds from 1 January 2022 until 30 June 2022 – the...
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