Market News
Recent research: almost half of Hungarians do not use sun protection cream, and moreover, they do not avoid the sun in the midday hours either
According to a recent, representative research, only 8 percent of the Hungarian population uses sun protection cream all year round, and 43 percent pay attention to it only in summer....
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The GVH fined Booking almost HUF 400 million with a record fine
Booking did not fully fulfill its obligations requiring the termination of previous infringements, it continued to use its illegal communication practices and psychological influence on consumers. The national competition authority...
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K&H: carbon dioxide emissions do not decrease by themselves
In the absence of a sustainability strategy and concrete carbon footprint reduction plans, the majority of Hungarian companies are not yet prepared for the green transition, according to the research...
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Big Hajdú campaign in Arab countries
One of the biggest marketing campaigns of all times promoting a Hungarian food brand abroad: this is what Kőröstej and the M&C SAATCHI MENA agency realised, with the help of...
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In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were used for cattle in 2023 at livestock farms. In 2023, livestock keepers used 591,000 tons of fodder for sheep (85...
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The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council of the European Union is for the Council of Agriculture Ministers to show the main directions of the common agricultural...
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Italian cured meat business Trinità acquired by local investor
Fondo Italiano d’Investimento said it will aim to consolidate Trinità’s position in the Italian foodservice market. Italian investment firm Fondo Italiano d’Investimento has acquired a majority stake in local cured...
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Fresh Hungarian sweet corn is delicious both baked and boiled
Sweet corn is one of the hit vegetables of the summer. However, few people know that our country is a great power in sweet corn cultivation. In addition to vegetables...
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Shein unveils UK investment plans and launches ‘circularity fund’
Shein has pledged to invest £211m (€250m) over the next five years in the UK and Europe, according to Reuters, as it launches a “circularity fund”. The fast fashion giant...
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Target kicks off back-to-school season with emphasis on value
A diszkontóriás július második hetében indította el iskolakezdési kampányát, amelyben a hűségprogramban résztvevők néhány különleges kedvezményben is részesülhetnek. The discount giant is kicking its back-to-school and back-to-college sales campaign this...
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The interests of farmers must be placed at the center of the common agricultural policy
Farmers and farmers’ interests must once again be placed at the center of the European common agricultural policy (CAP), the Hungarian Minister of Agriculture declared on Monday in Brussels. (Photo:...
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The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant surprise: according to the Central Statistical Office (KSH), consumer prices in June 2024 were on average 3.7% higher than a...
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KSH: industrial production fell by 5.2 percent in May
In May, the volume of industrial production fell by 5.2 percent, or 4.9 percent, adjusted for the working day effect, from a year earlier, the Central Statistics Office (KSH) confirmed...
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The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was announced, the world’s first truly comprehensive, sector-neutral piece of legislation related to artificial intelligence (“AI”). The new legislation covers all...
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This is how the Hungarian fans spent at the venues of the national team’s matches
The cities of the European Football Championship in Germany devoted significant financial resources to provide stadium visitors and football fans with unforgettable experiences during the tournament. This is proven by...
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How much student work can be used to earn the money for a festival ticket? – An expert answers
This year’s summer vacation is already in full swing and with it the student work season, the number of applications peaks during this period. At the same time, the period...
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The security of smartphone payment is equal to that of a bank card
The majority of people in their twenties consider smartphone or smart watch payments with digitized cards to be just as safe as traditional bank card transactions, according to the results...
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Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the final data of the federal statistical office, Destatis, presented on Thursday. In June, consumer prices were 2.2 percent higher than...
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The animal farm development program continues
With a total budget of HUF 200 billion, two new calls for tenders have been published to support the development of livestock farms within the framework of the KAP Strategic...
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The decline in the prices of food and non-alcoholic beverages slowed down in Ukraine
In Ukraine, the increase in consumer prices accelerated to 4.8 percent, the highest level this year, in June in an annual comparison from 3.3 percent in May – according to...
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In the United States, producer prices rose more than expected in June
The US producer price index rose more than analysts had expected in June, both monthly and annually. The U.S. Bureau of Labor Statistics According to data published by the Bureau...
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Food prices rose by 1.1 percent in Romania
Annual inflation in Romania fell to 4.9 percent in June, the National Institute of Statistics (INS) announced on Thursday. June was the fifth month in a row when the growth...
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Employer Brand Research 2024 – Global Report
The latest global report of the Randstad Employer Brand Research (EBR) 2024 provides a comprehensive overview of employees’ preferences and employers’ attractiveness worldwide. This research surveyed 172,000 respondents and over...
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5+1 golden rules for protecting our digital devices
The use of digital devices unquestionably makes our lives, online orientation and administration easier. However, the protection of sensitive data stored on devices requires increased precautions from all owners. Laptops,...
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Annual inflation slowed in France in June
In France, the annual consumer price increase decreased to 2.2 percent in June from 2.3 percent in the previous month, according to the final data published on the website of...
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In Turkey, retail sales growth slowed in May on an annual basis
In Turkey, retail sales growth in May was 5.8 percent, the slowest rate since July 2022, following a 10.2 percent increase in April, according to the statistical office on Thursday....
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The European breeding inspection of Turkmen horses began in Bábolna
The two-day breeding inspection of Akhal-Teke steppe horses from Turkmenistan and the European Championship began on Saturday in Bábolna. Minister of Agriculture István Nagy emphasized in his speech opening the...
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Lab-grown meat business Upside Foods to cut jobs
The cultivated-meat producer cited “an uncertain macroenvironment” for the cuts. Upside Foods, the US cultivated-chicken business, is cutting an unspecified number of jobs. The California company would not be drawn on...
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AM: cultivating home gardens is a useful and value-creating activity
Home gardens are important in the production of quality food, they play an outstanding role in food safety and the production of healthy and high-quality food – said Sándor Farkas,...
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E-commerce in Germany grows for the first time in two years
Sales in German online retail have increased slightly again for the first time in two years, according to the industry association bevh. But the end of the spending restraint is...
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