Market News
Márton Nagy: the duality of the economy must be resolved
The duality of the Hungarian economy must be resolved, the foreign and Hungarian property present in Hungary must function together and in an integrated manner – emphasized National Economy Minister...
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The destructive effect of Chinese honey can only be mitigated with EU instruments
Domestic beekeepers are optimistic about this year’s acacia season, however, due to the persistently low purchase prices caused by the influx of Chinese – mostly counterfeit – honey into the...
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The Professional Star Festival welcomes its guests again
The Hungarian Chamber of Commerce and Industry (MKIK) in cooperation with the National Chamber of Agriculture (NAK) is organizing the Professional Star Festival for the third time, between April 24-26,...
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The producer price of broiler chicken fell by nearly 20 percent
According to data from the European Commission, poultry meat exports from the Union (EU27) decreased by 3 percent to 2 million tons in 2023 compared to 2022. Exports of EU...
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Something worrying has been revealed about microplastics
The Water Management Science Committee of the Hungarian Academy of Sciences held its quarterly speaker meeting on April 3, 2024. At this meeting, special attention was paid to the latest...
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WHO: agricultural and rural development payments exceeded HUF 1,400 billion last year
Last year, i.e. in the first year of the agricultural policy cycle until 2027, HUF 1,409.2 billion were paid out for agricultural and rural development subsidies – read the summary...
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More than fifty corporate partners participate in the BGE job fair
More than fifty corporate business partners will offer their jobs for three days from Tuesday at the Budapest University of Economics (BGE), whose professional partner is Frissdiplomás Kft., the university...
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Hair care in new dimensions
Last year the hair market grew by 18.3% in value compared to the previous year. This article is available for reading in Trade magazin 2024/4 Renewal inside and outside “The...
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This year will also be cucumber season. In fact, it already is!
We are not idly waiting for the cucumber season. We have prepared the product description of the high-quality cluster cucumber. Thus, by the time summer shines in its full glory,...
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German legislative proposal alarms Klarna
The federal German government intends to amend data protection law. The legislative proposal includes tightening creditworthiness checks, which could have a negative impact on Klarna and other payment service providers....
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SPAR Slovenia becomes an official partner of MasterChef Slovenia
SPAR Slovenia has become an official partner of MasterChef Slovenia, the most popular cooking show in the country. The show returned to the airwaves with the new season, with this...
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Nestlé Launches Gut Microbiome Analysis Kit For Pets In The US
Nestlé has launched the Petivity Microbiome Analysis Kit in the US, which it says helps to deliver tailored nutrition and supplement recommendations for dogs and cats based on their unique...
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The selling price of pork shoulder rose by 8 percent
According to KSH data, Hungary’s live pig exports increased by 60 percent (3.2 thousand tons) in January 2024 compared to January 2023. The main partners were Romania, Austria and Albania....
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Márton Nagy also addressed the alleged expansion of Mere in Hungary
The value of state assets has doubled since 2010, from HUF 11.6 billion in 2010 to HUF 21.8 billion by 2022, and it accounts for 25 percent of GDP, Márton...
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The green energy market is expected to expand eightfold by 2050
The green energy market is expected to expand eightfold by 2050, and it is gratifying that Hungary is not a follower but a leader of the turnaround, said Government Commissioner...
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The IKSZ supports the bill prohibiting the sale of energy drinks to under-18s
The Youth Christian Democratic Union (IKSZ) supports the bill prohibiting the sale of energy drinks to under-18s, which was submitted to the Parliament by KDNP politicians Lőrinc Nacsa and István...
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Instead of economic trends, global processes may determine the commercial real estate sector in the future
In recent years, as a result of the pandemic, geopolitical crises and economic uncertainties, the ability to plan for a multi-year period, which is the basis of the real estate...
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DACHSER is testing self-driving vehicles
Self-driving vehicles have great potential in the field of logistics. One way of using them is, for example, the automated maneuvering of exchange cabinets and semi-trailers. But how can this...
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Greece’s strawberry exports reach record numbers this season
This season, Greek strawberry growers were worried about the poor quality of seedlings, but since then the country’s strawberry exports have reached record numbers. In the case of the plantings,...
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During the Rally Hungary, the HUMDA Zöld Életre Valók roadshow visits Veszprém
The complex e-mobility roadshow of HUMDA Magyar Mobility Development Agency Zrt., which belongs to the Széchenyi University Group, Green for Life, will visit Veszprém between April 12 and 14 during...
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Orange juice is not as healthy as we thought
Orange juice, although an important part of morning and daily routines, raises more and more questions from a health perspective. The popular drink is rich in vitamin C, potassium and...
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Cheese maker St. Paul to snap up Dutch peer Koninklijke ERU
Last year, the two companies teamed up to buy cheese business Kasi Food from Lekkerkerker Food Group. Cheese producer St. Paul is to acquire Dutch peer Koninklijke ERU. Financial terms...
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Online Now Accounts For 10% Of The French Grocery Market
Online sales now account for 10% of the overall grocery market in France, new data from Kantar has found, after achieving a 0.5 percentage point gain in the period from...
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Walmart leads annual ranking of top 50 global retailers
Két amerikai székhelyű kiskereskedelmi óriás áll az 50 legjobb globális kiskereskedő éves rangsorának élén, amely 2023 eleji működési teljesítményük alapján készült. Megőrizte első helyét a Walmart a National Retail Federation...
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Serviced counters help local proximity supermarkets rise in Central & Southeast Europe
Local proximity supermarkets increase their market share in Central & Southeastern Europe despite strong international competition. Especially in Poland and Romania the large gap between rural and urban areas provides...
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KSH: in February, retail turnover increased by 1.1 percent compared to the same period of the previous year
In February, according to raw data, the turnover volume of retail trade increased by 4.6 percent, adjusted for the calendar effect (and solar eclipse effect), by 1.1 percent compared to...
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It will soon become clear whether the mandatory actions made sense
In the next few days, a number of important economic data will be published in Hungary. On Tuesday, a quick information on the situation of the central subsystem of the...
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NGM: the recovery of consumption continued in February, on an annual basis, retail sales increased for the second month running
Based on the latest data from the Central Statistical Office, the volume of retail trade in February 2024 increased by 4.6 percent according to raw data and 1.1 percent according...
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FAO Cereal Supply and Demand Brief
FAO’s forecast for world cereal production in 2023/24 has been raised marginally and now stands at 2 841 million tonnes, marking a 1.1 percent (32 million tonnes) rise from the previous year’s level....
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Meat prices rose in the EU, except for poultry
In February 2024, meat prices in the European Union generally rose compared to the previous year, with the exception of poultry meat, which became cheaper by 1.6 percent. The biggest...
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