Market News
K&H: how much pocket money do young people receive?
On average, young people between the ages of 14 and 18 receive HUF 22,000 in pocket money per month from their parents, according to a survey of the financial situation...
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Agrometeorology: in large areas, especially in the Alföld and the Kisalföld, the water stands on the land
In large areas of the country, especially in the Alföld and the Kisalföld, there is standing water in the fields, which makes it difficult to sow in the mild weather,...
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Gasoline price increase in January – so you can keep more in your wallet
From January 1, it is expected that you will have to pay HUF 40 more for a liter of fuel. So those who drive regularly have to dig deep into...
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Association of Hungarian Meat Industry: such sausages should no longer be bought
The annual sale of hot dogs in Hungary is around 34,000 tons, and 10-25 percent of this is sold in the last month of the year, according to the joint...
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New Year’s Eve firework sales are popular
After the Christmas frenzy, discount champagnes, hot dogs and lentils are lined up on the shelves in most stores, since New Year’s Eve is upon us. It is worth paying...
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K&H: cash is not cool
Young people basically stick to their Christmas customs, also from the point of view that they still buy the majority of gifts in person, in a traditional store, but there...
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ORFK: you can buy fireworks from Thursday
Class 3 fireworks and pyrotechnic devices can be purchased from Thursday and used between 6:00 p.m. on December 31 and 6:00 a.m. on January 1, the National Police Headquarters (ORFK)...
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2023 is the year of record payments in agriculture
In the year 2023, which is full of financing difficulties, it was crucial for the sector that a record amount of more than HUF 1,300 billion in agricultural subsidies were...
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You can reapply for the grape restructuring subsidy
From January 4, 2024, grape growers will once again have the opportunity to submit subsidy applications within the framework of the vineyard restructuring subsidy. The intensity of the support will be...
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Unilever Acquires Haircare Brand K18
Unilever has announced the acquisition of premium ‘biotech haircare’ brand K18, as it seeks to reinforce its portfolio around higher growth segments. K18 was founded in 2020 by entrepreneurs Suveen...
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SPAR Expands Presence In Spain With Four New Stores
SPAR has consolidated its presence in Spain with the addition of four new stores and the redesign of three between September and December 2023. SPAR Spain partners in the Girona,...
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In terms of actual individual consumption, we fell short in the region
In 2016, György Matolcsy, the president of the Hungarian National Bank, predicted that Hungary would overtake Austria in a few years. However, the detailed summary prepared by Mfor.hu now shows...
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Food manufacturers and distributors passed their exams well in the mid-term of the winter seasonal inspection
Satisfying results were achieved in the first period of the winter seasonal food chain inspection. In connection with the summary covering the initial two weeks of the campaign, dr. Márton...
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The domestic meat and dairy industry is losing money, but it receives a lot of support
A significant part of the agricultural and rural development subsidies provided to the domestic meat and dairy industry pose serious challenges to the actors of the agricultural sector. During the...
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Válaszúton a csomagolóipar
A hazai csomagolási piacnak napjainkban egyszerre több kihívásnak is meg kell felelnie. A szegmensben az egyszerűbb tömegtermékeknél erősebb visszaesés érzékelhető. A gyenge kereslet részben a negatív gazdasági környezet, részben pedig...
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KSH: The gross average salary was HUF 564,400 in October 2023, 14.0 percent higher than a year ago
In October 2023, the gross average earnings of those employed full-time was HUF 564,400, and the net average earnings calculated with allowances in mind was HUF 389,300, the Central Statistical...
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The competitiveness of Hungarian enterprises may depend on ESG compliance
Today, sustainability is not only a fashionable topic, but also a decisive issue for the future of business organizations in the 21st century. The worsening global climate reports already affect...
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These are the gifts Hungarian kids long for
Children want a pet, a mobile phone and a joint family holiday this Christmas – according to the responses of kindergarten and primary school students interviewed in the Etele Plaza...
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British Chambers of Commerce: according to almost two-thirds of British companies, trade with the EU is more difficult
Almost two-thirds of British companies still have difficulty adapting to the terms of the trade and cooperation agreement (TCA) signed with the European Union just three years ago, according to...
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Hungarian Product trademarks: the “Hungarian gives you more” campaign continues next year
Our magazine interviewed Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. This article is available for reading in Trade magazin 2023/12-01 – What are the most important achievements of 2023...
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As part of the Csillagszóró campaign, 1,720 disadvantaged children will receive a personalized Christmas surprise
The Hungarian Maltese Charity Service brings personalized Christmas gifts to 1,720 underprivileged children. The employees of the charitable organization collected the wishes of the children of families living in difficult...
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Information sheet on the support of production-related dairy cows
One of the most important pillars of the domestic agricultural support system is the title group of subsidies linked to production. This is one of the most targeted types of intervention...
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Non-state laboratories will soon have to report on their annual activities
Non-state laboratories are obliged to prepare a summary report of all their tests – authorized by Nébih – carried out during the given calendar year. Laboratories must submit the report to...
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Agrometeorology: the size of inland water areas has barely decreased and rainy weather is expected again
In the rain-free weather of the past few days, the size of the inland areas has barely decreased, and rain and snow may arrive again in several waves by Sunday,...
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Payments for rural development measures doubled
HUF 895.6 billion were paid for agricultural and rural development subsidies until September 30. 58.2 percent (HUF 521.3 billion) of the disbursed support came from European Union funds, 41.8 percent (HUF...
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K&H: how much do young people spend on gifts?
The majority of young people, 84 percent, plan to give gifts to their loved ones at Christmas. They spend an average of HUF 40,000 on gifts this year, compared to...
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Whole Foods unveils new pollinator policy
Whole Foods’ new pollinator policy aims to support honeybees as well as native pollinators like bumble bees, wasps and butterflies that are essential to the food system and biodiversity, according...
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The export price of raw milk decreased by 20 percent in one year
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 159.56/kilogram in November 2023. In addition to a 0.07 percentage point improvement in...
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How can we detect the signs of burnout caused by work in ourselves and our colleagues?
For many workers, December is less about the beauty of preparing for the holidays: in certain industries, instead of slowing down, acceleration is typical, which often causes significant additional workload...
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Oatly wins High Court battle to use word ‘milk’ on packaging
Plant-based brand Oatly has won a High Court battle against the UK dairy industry, allowing it to continue using the word ‘milk’ on its packaging. The important legal milestone for...
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