Market News
Strengthening economy and employment in Hungary in 2025
According to the latest analysis by the Oeconomus Economic Research Foundation, Hungary’s economic performance has moved in a positive direction, and the country’s employment data also show a favorable picture...
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There are serious problems in the Hungarian wine industry
The year 2024 was a difficult period for Hungarian viticulture and winemaking. The national wine grape growing area continued to shrink, and the yield was one of the lowest in...
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EU-US tariff war: tariffs are bad for companies, even worse for consumers
European Commission President Ursula von der Leyen has expressed regret over new US tariffs that are putting a significant burden on European steel and aluminium exports. In a statement on...
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We need to increase the consumption of legumes in Hungary
Beans, peas and lentils are extremely diverse and healthy ingredients that have a beneficial effect on our bodies and the environment, but their consumption in Hungary still falls short of...
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Nébih: Hungary had to take action against more than 300 risky products last year
More than 300 risky products had to be taken into account in Hungary last year based on the European Union’s Rapid Alert System for Food and Feed (RASFF), the National...
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The recipe for successful market growth starts with a satisfied workforce
In recent years, many uncertainties have surrounded not only the major global economic players, but also their individual driving forces, the employees themselves. The coronavirus pandemic, inflationary environment, or even...
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Price caps and economic measures in Central Europe: more and more countries are protecting themselves against inflation
While the introduction of price caps is back on the agenda in Hungary, the topic in Poland is the extension of the electricity price freeze. Croatia has recently expanded the...
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Amazon introduces Easy Ship in Europe
Online marketplace Amazon is introducing a shipping solution called Easy Ship in Europe, for sellers in the Netherlands and Poland. According to the ecommerce giant, the solution helps sellers ship...
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NKFH: Cape Herb & Spice grinders recalled by distributor
The distributor has recalled Cape Herb & Spice grinder spices because a defect in the grinding mechanism may cause plastic pieces to get into the food during use. The products...
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Nestlé suspends production at Argentina dairy site
The Swiss giant is to halt output for a month at its factory in the Córdoba region of the country to manage excess stock. Nestlé is to suspend production at...
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Auchan Tests Autonomous Stores in France
French grocery retailer Auchan is trialling autonomous store technology on Sundays in select outlets across Northern France, aiming to attract more customers while reducing operating costs. Since the start of...
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Egg shortage in the United States: Major retail chains have introduced restrictions
The bird flu outbreak in the United States is becoming a growing problem, causing egg supplies to dwindle significantly and prices to skyrocket. In response, two major retail chains, Costco...
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LG develops specialized digital displays for various corporate sectors
LG Electronics (LG) showcased its latest digital display innovations at the Integrated Systems Europe (ISE) trade fair in Barcelona from February 4 to 7. LG’s booth, themed “Customized Solutions, Optimized...
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EU mobilises €200 billion in investment to develop artificial intelligence
The European Commission has launched the InvestAI initiative, which will invest €200 billion in the development of artificial intelligence (AI). The initiative was announced by Ursula von der Leyen, President...
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K&H customers can shop abroad at the average exchange rate
On February 10, K&H introduced a new, favorable cashback coupon that will significantly facilitate customers’ spending abroad. The essence of the offer is that with the activated coupon, customers can...
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KPMG: 78 percent of large Hungarian companies prepared a sustainability report last year
78 percent of the 100 largest Hungarian companies prepared sustainability reports last year, and they perform better than the world average in terms of emissions, KPMG announced on Monday. According...
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GKI analysis: Lagging exports, lagging labor productivity
The Visegrad countries are basically export-driven, open economies. This is clearly demonstrated by the fact that even Poland, which has the largest internal market, had exports of 58% of GDP...
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Hungarians are being taken to Romania for shopping by bus
Romanian prices occasionally appear in Hungarian public discourse, but in reality it is not certain that it is more worthwhile to shop in Romania than in Hungarian shops. However, shopping...
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Márton Nagy: can price stops come again?
Could price caps come again? – asked the Minister of National Economy in a Facebook post on Monday. “If necessary, we will intervene immediately in the interests of families!” –...
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The GVH is investigating the fulfillment of eMAG’s business support commitments
The Hungarian Competition Authority (GVH) is investigating whether eMAG is supporting Hungarian businesses in line with its commitment, the GVH told MTI on Monday. The Romanian-based e-commerce company undertook a...
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The National Trade and Consumer Protection Authority urges caution during the Carnival holidays
The National Trade and Consumer Protection Authority (NKFH) is warning against excessive use of masks, wigs and costumes during the carnival season. Last year, 20 of the 37 costumes, masks...
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Nébih’s gift for the week of marriage: A wedding without leftovers
The National Food Chain Safety Office (Nébih) has prepared a special guide for the No Leftovers program for this year’s wedding week. In their publication, No Leftovers Wedding, they summarize...
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Pécs virologists examine UHT milk to predict epidemics
The National Laboratory of Virology (VNL) of the University of Pécs (PTE) has launched research into the examination of ultra-heat-treated milk in order to predict epidemics that spread from animals...
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K&H: perception of government measures in the SME sector is improving
Expectations regarding the government’s business-friendly measures among the managers of domestic small and medium-sized enterprises (SMEs) have improved significantly, by 8 points – according to the research data of the...
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Profession.hu: a diploma is a requirement in fewer and fewer job advertisements
For years, fewer and fewer job advertisements have required a diploma, and in 2023, only 21.5 percent of applicants were expected to have a higher education, according to Profession.hu. The...
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József Szigetvári continues in the PortfoLion team
József Szigetvári will join PortfoLion Capital Partners, a venture and private equity fund manager belonging to the OTP Group, as a Venture Partner from February, where he will support the...
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Valentine’s Day spending is expected to hit a new record this year
Valentine’s Day spending is expected to hit a new record this year – sales are not only expected to substantially increase in the US, but also in Germany. German retailers...
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André Palóc: the minimum wage will increase by more than 40 percent in the coming years
As a result of the wage agreement concluded last year, the minimum wage will increase by 9 percent in 2025, 13 percent in 2026, and 14 percent in 2027, which...
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HelloFresh’s Ready-To-Eat Brand ‘Factor’ Launches In Germany
Meal-kit firm HelloFresh has launched the ready-to-eat (RTE) meal service ‘Factor’ in its home market, Germany. The launch follows the success of the direct-to-consumer brand in the United States, Canada,...
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Billionaire Daniel Kretinsky aims to delist Metro
Daniel Kretinsky plans to take the German wholesale group Metro private. The company’s management supports the Czech businessman, who currently already holds 49.99 % of Metro’s shares. Kretinsky has offered other...
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