Market News
Soproni’s “rock” promotion comes to an end
Nearly 23,000 votes were cast by music-loving beer fans in the Soproni beer competition. Participants of the nationwide promotion could win an exclusive Tankcsapda concert for their favourite pub. Out...
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Equilor’s latest book helps small investors navigate the world of options
The latest member of the educational book series of Equilor Investment Co., Ltd., has been published, the book entitled “Options”. The fourth member of the book series introducing basic financial...
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Development programs ensure the future of the Hungarian pig sector
Development programs ensure that producers in Hungary can produce high-quality pork efficiently and competitively – said the State Secretary for Agriculture and Rural Development of the Ministry of Agriculture (AM)...
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Unilever invests $105m in in-house fragrance innovation
Unilever is investing $105.58m (€100m) to expand its fragrance design and creation capabilities across its global product portfolio. The investment will allow the company to take greater control over the...
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Spending on snacks up 70% in Germany
German snack consumption has soared in recent years, with spending up 70% since 2018, according to the latest YouGov research. While nearly one in two Germans snack regularly, a third...
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Chamber of Agriculture: Demand for walnuts is picking up, plantation size has increased
The demand for walnuts, the indispensable raw material for Christmas bejgli, zserbó and hókifli, will pick up at the end of the year. According to the overview of the National...
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Nisa launches mix-and-match freezer deals to drive shopper engagement
Nisa has kicked off a ‘three for £4’ mix-and-match freezer deal through to 2025, replacing its ‘five for £6’ freezer filler promotion in a bid to drive shopper engagement. The...
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AM: the range of HIR trademarked products has expanded further
On the 10th Jubilee Producers’ Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to 238,...
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GKI analysis: Small but strong: the situation of Hungarian SMEs
In the past two months, the government has made strengthening small and medium-sized enterprises its flagship in the framework of the new economic action plan. The government has not had...
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BMI: Slight recovery in November
The Purchasing Managers’ Index (PMI) seasonally adjusted value for November is 50.3. Compared to the previous monthly values for November, this year’s value is lower than the long-term average for...
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Global investor joins PortfoLion’s Polish investment
Coding Giants, a Polish portfolio company of PortfoLion Capital Partners, has closed an €8.5 million investment round. The second investment round of the digital education platform that develops coding skills...
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An exciting question is how the holiday candy market will develop.
Retailers are facing a difficult situation heading into the holiday season, which is their most important time of the year. So far, it has seemed that the population has been...
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K&H: young people pay with smart devices six times out of ten
At K&H, the number of bank accounts opened by young people has increased to over 130,000. And they pay with cards quite often, for example 84,000 times a day in...
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Plastic-free Christmas: the time for conscious shopping has come
As the holidays approach, shoppers are bombarded with a wealth of choices on store shelves and online. However, Christmas gift shopping often generates huge amounts of plastic waste, which causes...
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SPAR opens state-of-the-art logistics centre in Croatia
On 9 October SPAR opened a new logistics centre in Donja Zdenčina, near Zagreb, in Croatia. The 75,000m² centre represents a significant step forward in supplying 140 SPAR and INTERSPAR...
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Responsible inspections in the winter season too
Seasonal markets and advent fairs in the winter remain popular with consumers. In each segment of the food chain – including production, HoReCa and retail trade – ensuring food safety...
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Törley Sparkling Wine Cellar: green innovation and sustainability
Törley Sparkling Wine Cellar is introducing a new sustainability strategy, aiming to get half of its energy from renewable sources by 2030 and to achieve total carbon neutrality by 2040....
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Big steps forward in Gyöngyös
With the financial support of Procter & Gamble, the renovation of two temporary homes in Gyöngyös has been completed. P&G and four of its brands – Oral-B, Head & Shoulders,...
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Aldi to donate more than 2,000 Christmas lunches this festive season
Aldi will donate over 2,000 Christmas lunches to those in low-income areas across the UK through its partnership with redistributor of surplus food and household goods Company Shop Group. The...
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Lidl Reaches 700 Stores In Spain
Discounter Lidl has simultaneously opened seven new stores in Spain, bringing its total number of supermarkets in the country to 700. This expansion, involving an investment of €45 million and...
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Heineken joint venture set to build Dubai’s first commercial brewery
A Heineken joint venture plans to build the Gulf’s first major commercial brewery in Dubai, the metropolitan city where glitzy bars and restaurants attract millions of tourists each year. Sirocco,...
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Péter Benő Banai: the Hungarian economy is on a sustainable growth path
The Hungarian economy can set itself on a sustainable growth path in the coming years, said the State Secretary for Public Finance of the Ministry of Finance (PM) on Friday...
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KSH: industrial producer prices in October exceeded those a year earlier by 2.6 percent and the previous month by 1.0 percent
In October, industrial producer prices were 2.6 percent higher on average than a year earlier. Domestic sales prices decreased by 0.5 percent, while export sales prices were 4.1 percent higher...
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The popularity of chocolate Santas remains unbroken
Tradition and innovation are both present in the Santa Claus Day and Christmas candy markets. While the older generation is looking for nostalgic flavors, the young are increasingly open to...
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Foreign trade surplus in services was 3.5 billion euros in the third quarter
In the third quarter of 2024, exports of services in euros exceeded the same period of the previous year by 4.2 percent and imports by 1.9 percent. The surplus was...
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PM: Moody’s continues to recommend Hungary for investment
Moody’s continues to recommend Hungary for investment, but due to the uncertain international environment and political disputes in Brussels, it has changed the outlook for the debt rating from stable...
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Let’s eat as many domestic nuts as possible!
The season of walnut cakes has arrived. It is no coincidence that the demand for the essential ingredient for Christmas bagels, zserbó and hókifli increases at the end of the...
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There is some good news about savings
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
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K&H: Many people find their shoes too tight
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
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Fish prices do not increase in Hungary at Christmas – despite the summer heat, there is no problem with supply
Despite the summer heat and rising grain prices, there is good news from Hungarian fish farmers: this Christmas the price of fish will not increase, and buyers will be able...
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