Market News
K&H: how long are your savings enough for?
Just over half of young people in their twenties have savings, but many of them only have enough reserves for a short time, according to the K&H youth index. According...
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FIFA and Visa have extended their global partnership
FIFA is pleased to announce that Visa (NYSE: V), the world leader in digital payments, has extended its official FIFA partnership. The renewed agreement, which runs until 2026, will allow...
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NGM: the review of the SME strategy has been completed, the aim is to strengthen Hungarian SMEs
The government reviewed and adopted the strategic document entitled “Strategy for the Strengthening of Hungarian Micro, Small and Medium Enterprises 2019-2030” and determined the priority business development measures to be...
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Changes are coming to corporate loans – banks are scrutinizing companies due to sustainability risks
Starting this year, fundamental changes have come into effect in the area of corporate obligations related to sustainability, i.e. ESG, which will affect all domestic companies in one way or...
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The Green Economy 2023/24 has been published. study volume
The Association of Environmental Service Providers and Manufacturers (KSZGYSZ) in the midst of increasing climate, nature and environmental protection tasks has called for the continuation of the highly successful publication...
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Sanpellegrino Rolls Out New Zero-Sugar Drinks In The US
Italian beverage company Sanpellegrino has launched a new line of zero-sugar sparkling drinks in the United States. “At Sanpellegrino, we take pride in crafting our Italian sparkling drinks with real...
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New opportunities will open up for the wine sector in 2024
The grape and wine sector is a significant technological and knowledge-intensive sector, where the winner is the one who sees the new direction of adaptation faster and uses the available...
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Sales of sugary drinks plunge 33% in cities taxing those beverages, study finds
The American Beverage Association, which represents Coca-Cola and PepsiCo, said these taxes have not improved public health or reduced calories in a meaningful way. An increase in the price of sugar-sweetened...
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Penny’s “True Cost” campaign: A Surprising Impact on Consumer Behavior
In a bold move, Penny implemented a “True Cost” campaign for a week, incorporating the cost of environmental damages into product prices. Contrary to expectations, a study conducted by the...
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AM: We protect the traditional rural lifestyle
Minister of Agriculture István Nagy also discussed the banning of artificial meat and the protection of traditional rural values in his office with Ettore Prandini, the president of the Italian...
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VOSZ Barometer: the decrease in purchasing power shocked SMEs in 2023
According to the data of the 2023 fourth quarter survey completed on behalf of the National Association of Entrepreneurs and Employers (VOSZ), the business mood continued to deteriorate, this time...
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Az élelmezési rendszerek negatív rejtett költségei elérhetik a 10 billió dollárt
Napjaink élelmezési rendszerei hatalmas rejtett költségekkel terhelik az egészségünket, a környezetet és a teljes társadalmat. 154 országot vizsgálva az ENSZ Élelmezésügyi és Mezőgazdasági Szervezete (FAO) szakértői 10 billió dollárra (a globális...
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Large companies are not yet prepared for the new ESG reporting obligation
ESG (environment (E), society (S) and corporate governance (G)) is an increasingly decisive factor in the operation of companies, so companies should look for and integrate sustainable solutions into their...
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SMEs do not yet dare to believe in EU tenders
For the time being, businesses are even less likely to count on EU tenders, barely half of them consider it realistic that they will be able to get funding this...
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27 companies presented themselves on the BCSDH’s Sustainability Partner Search
The cross-sector membership of the Hungarian Business Council for Sustainable Development (BCSDH), which includes more than 140 companies, enables the effective promotion of partnerships created in order to accelerate carbon-neutral...
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The Court has decided: in its currently known form, platform-based food delivery is not an employment relationship, but according to the labor law expert, a safety net is needed
The Kúria did not classify platform-based, self-employed food delivery as an employment relationship in a matter that also concerns the public, so in Hungary today those who perform so-called platform...
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Development is a condition for competitiveness in agriculture
Competitiveness in agriculture is development, so the producer who wants to stay on the market in the long term must think about investments – said Minister of Agriculture István Nagy...
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Efficiency, AI and sustainability: MBH Bank and MEGOSZ work together for the development of the agricultural machinery market
MBH Bank and the National Association of Field Machine Manufacturers (MEGOSZ) signed a cooperation agreement at the AGROmashEXPO and AgrárgépShow event. The main goal of the partnership is for the most...
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Polish farmers held a traffic-slowing protest action
Protesting farmers blocked public roads in Poland on Wednesday, protesting against the European Union’s Green Agreement and the unlimited European import of Ukrainian products. During the day, farmers used tractors...
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Our country continues to strengthen its agricultural relations with China
We are committed to the further strengthening of the agricultural and trade cooperation between China and Hungary, and it would be an important milestone if China accepted regionalization both with...
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White Peach Addresses Need for Comfort and Novelty
According to Agrana’s trendblog, the star ingredient for 2024 is a fruit of course. As renowned global experts in fruits, we announce white peach as the trend fruit for 2024....
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Netrisk: Hungarians don’t ski at home
66 percent of tourists who took out travel insurance for skiing between the end of November 2023 and the beginning of January 2024 chose Austria, Slovakia’s share was 14 percent,...
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Agricultural tenders will be published continuously until the end of the year
The market challenges caused by the drought, wartime inflation and duty-free Ukrainian products have created extraordinary conditions in agriculture, therefore we will open up the use of agricultural and rural...
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Can this year bring growth to the IT industry?
In 2023, the IT sector showed a decrease in orders compared to the growth of the previous year, however, according to domestic and international forecasts, it may start to grow...
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Barilla Announces Price Cuts Of 7-13% On A Range Of Products in Italy
Italian food company Barilla is planning price cuts of 7% to 13% on a wide range of products, including pasta, biscuits, snacks, and bread, an initiative valid only in Italy....
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Summer storms caused the most damage in 2023
In terms of the type of damage in home insurance, broken pipes are still the most common damage, which, as in previous years, accounted for 30 percent of all claims....
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Co-op targets 8m members by 2030
The Co-op is aiming to grow its number of members from 5m to 8m by 2030. It comes as data shows that Co-op’s membership is growing ahead of its expectations,...
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The European Union does not want to find a solution to the issue of Ukrainian grain
According to István Nagy, the European Union does not want to find a solution to the issue of Ukrainian grain, so the Hungarians have no choice but to “negotiate with...
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Top Employers Hungary 2024: they are now the 10 best employers in Hungary based on the opinions of employees
The Munkahelyeink.hu international career platform has published the top list of the most popular employers. Currently, Top Employers Hungary is the only independent ranking based solely on employee evaluations. The...
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The 2024 Hungarian work permit changes and their impact on small and medium-sized enterprises
The year 2024 marks a turning point in the history of the Hungarian labor market. The transformation of the work permit system not only brought new challenges, but also offered...
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