Market News
Company trends 2024: 11 thousand fewer companies: the company trends of 2024 in numbers
The number of active partnerships decreased by 11 thousand by the end of 2024. More than 35 thousand companies ceased to exist last year, while the number of new company...
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Will our financial situation be better in 2025? Research has been conducted on what Hungarians think
The Hungarian population has mixed expectations about their financial situation this year. Nearly 40% expect to be in worse financial circumstances in 2025 compared to the previous year, while 20%...
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Coffee prices at an all-time high
In early December 2024, the price of coffee on the international market rose to a record high. Arabica coffee beans, which account for the largest share of world production, exceeded...
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Inflationary turn among Hungarians
The inflation situation has improved significantly among the population, including the middle-aged, according to the latest K&H Komiszti Futur survey. Among other things, 78 and 66 percent experienced a significant...
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Sustainability is more of a challenge than an opportunity for Hungarian companies
The latest data from the K&H Sustainability Index highlights that the majority of Hungarian companies are still lagging behind in their efforts to reduce carbon emissions. A significant number of...
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Csaba Kőrösi: the global economy is being redesigned along the sustainability goals
The implementation of the Sustainable Development Goals (SDGs) formulated in 2015 is not progressing very well, said Csaba Kőrösi, former President of the UN General Assembly, former President János Áder,...
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Péter Szijjártó: last year was the second most successful year in economic history in terms of investment promotion
Last year was the second most successful year in the history of the Hungarian economy in terms of investment promotion, with 4,000 billion forints of new investment coming to our...
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We are buying more and more refurbished mobile phones
Last October, Magyar Telekom launched its joint service with Recommerce Group, in which refurbished devices are sold, thus supporting the circular economy and offering a choice to its environmentally conscious...
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Hungarian President of the CEO Council of the world’s largest business networking organization
BNI members worldwide help each other generate 14% of the annual HUNGARY GDP, or 10,000 billion forints (25.9 billion USD) in additional sales revenue each year. BNI is celebrating its...
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Bank360: The population saved rather than spent before Christmas
Before the holidays, household bank accounts and securities accounts were still well-funded, and it did not seem at all that the Christmas shopping that started in November had sucked money...
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AutoWallis, together with its partner, can be the importer of Nissan in Romania
AutoWallis Group may acquire the distribution rights for Nissan in Romania together with the dominant player in the European automotive market, the Portuguese Salvador Caetano Group, and thus become the...
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These will be the most anticipated electric cars of 2025
The range of electric cars is constantly expanding, and it seems that there will be no shortage of new models in 2025: next year’s new products promise amazing technological solutions,...
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MOHU: more than one billion bottles have already been returned in Hungary
The number of short-term overnight stays booked on online platforms in the European Union member states continued to rise: in the third quarter of 2024, 366.2 million short-term overnight stays...
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This is what the housing situation of middle-aged people looks like
The family home is the most popular choice for middle-aged people, with 58 percent of them living in such properties, according to the third-quarter data of the K&H Sure Future...
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Home insurance has reached a limit
It seems that the proportion of households that are able and willing to take out home insurance in Hungary has reached its maximum – this is revealed by the figures...
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Farmers have received more than 382 billion forints in funding by the end of 2024
Thanks to the necessary financial and professional conditions created by the government, 149.2 thousand producers were able to receive advance and installment payments under 22 titles from the subsidies applied...
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Retail sales in Russia accelerated and unemployment stagnated at a historic low
Russia’s retail sales accelerated in November, while unemployment remained at a historic low. Retail sales growth accelerated to 6 percent in November, up from 5.2 percent in October, according to...
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The new year started with price increases in Romania, but the prime minister confirmed with a tattoo that VAT will not be increased
In Romania, civil servant salaries, pensions and family allowances have been frozen, several tax breaks have been abolished, dividend tax has been increased and – due to the increase in...
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We are further strengthening our agricultural relations with Japan
The friendship of Japan and the agricultural market of the Far Eastern country are of paramount importance to our country, which is why we will further strengthen our existing relations...
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Czech breweries do not ship to Russia
Czech breweries do not ship beer to Russia; most of them stopped exporting to Russia in the spring of 2022, shortly after the Russian attack on Ukraine, the CTK news...
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Robot development is accelerating
Samsung is becoming the largest shareholder in Rainbow Robotics in a bid to accelerate future robotics developments, including humanoid robots. Samsung first acquired a 14.7% stake in the Korean company...
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How much will the worker’s loan repayment be?
Already in the first days, there was significant interest in the bank’s worker’s loan. A worker’s loan with state support, previously unseen on the Hungarian market, is also available at...
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Sándor Czomba: The number of registered job seekers has not been this low since the change of regime
According to data from the National Employment Service, in December 2024, only 220.8 thousand people were registered as job seekers, which is a decrease of more than 4 thousand people...
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Oatly Announces Closure Of Singaporean Facility
Oatly has announced the closure of its Singaporean facility, as the oat drink-maker seeks to reduce future capital expenditure needs. The Singaporean facility forms part of the company’s Europe &...
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German shoppers open to biometric payments
According to a recent Mastercard survey 43% of German consumers are open to paying with biometric identification at in-store checkouts, an increase of 9% compared to the previous year. Currently...
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One of Hungary’s largest podcast market players is being renewed
The entertainment audio platform Podpad.hu, launched by Atmedia in 2021, will be completely renewed, and will continue to be available to listeners for free under the name atalon from January...
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Lidl Opens First ‘Outlet’ Store In Czechia
German supermarket chain Lidl has opened its first ‘outlet’ store in Czechia, located in Prague’s Štěrboholy Retail Park. Lidl’s ‘outlet’ format offers non-food products at huge discounts. The discounter operates...
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Quick commerce booms in India as consumers seek faster deliveries
The demand is particularly high amongst younger consumers. Quick commerce in India is rapidly transforming the retail industry, with growing demand for fast delivery of daily essentials, according to GlobalData....
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REWE Group Revamps Digital Loyalty Programmes
REWE Group has announced a new format for its digital loyalty programmes for both REWE and Penny customers, leveraging data-driven technologies to better deliver personalised offers. According to the retailer,...
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Lactalis to close factory in Zambia
The dairy group has cited “market dynamics”, according to a government minister. Lactalis has decided to shut a factory in Zambia, the country’s government has said. The dairy group has...
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