Market News
Poor quality Ariel and Persil fakes hit the shelves
NAV cracked down on a man dealing in fake detergents. The bottles with branded labels contained poor quality chemicals, the fraudster earned at least 2 million by trickery. A man...
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Dog meat is no longer available in Asia
South Korea may end a centuries-old tradition, as the parliament is debating a new bill that would ban the breeding of dogs for human consumption. The aim of the draft...
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If a brand does not stand up for a good cause, the brand is not worth standing up for either – this was also the theme of the Superbrands 2023 Hungarian awards gala
In 2023, one of Hungary’s most important business awarding events, the Superbrands gala, was organized with the participation of a large number of nearly 100 award-winning brands. In addition to...
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GKID research: We spend less, but order more online before Christmas
Although the number of online orders is increasing spectacularly compared to last year’s data, this is largely due to the rise of foreign e-traders, according to GKID’s current e-commerce survey...
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Beverage manufacturers are asking for government help to reduce their burden
The Hungarian beverage producers’ associations welcome the start of the redemption system for beverage packaging next year, which will enable the circular economic model to be realized in the sector....
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K&H: It turned out what businesses are most afraid of
Inflation is still the biggest difficulty for SMEs, but labor shortages have also become a determining factor again. Next year, however, it is not this, but the lack of demand...
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Videósorozattal támogatja a Heineken a vendéglátóhely-üzemeltetőket
A Hot Seat címet viselő, kilencrészes videósorozat október 9-étől a Heineken SmartDispense weboldalán került adásba azzal a céllal, hogy mindenki számára elérhetővé váljon a szakértői tanácsadás, a vendéglátóhely-üzemeltetők az iparágat...
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You can get fish at cheaper prices this year
This year, fish producers cut prices by 10-12 percent, the significant drop in feed prices and the wetter weather than last year had a good effect on domestic fish farms....
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Survey: we would need a shopping-free period
Compulsion to buy and overconsumption, or Black Friday is upon us again. But as a result of the promotions, in many cases, some of the products purchased unnecessarily end up...
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November, the economic performance of the Eurozone continued to deteriorate at a slower pace
In November, the economic activity of the Eurozone developed better than expected, according to the purchasing managers’ index (BMI) of the economic research institute S&P Global, but it still reflects...
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A precision milk production laboratory was built in Kaposvár
A so-called precision milk production laboratory featuring the most modern technical solutions for cow husbandry was built on the Kaposvár campus of the Hungarian University of Agriculture and Life Sciences...
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Cheap Ukrainian sugar is coming
The government allows the import of cheap Ukrainian sugar, which may cause serious losses to domestic sugar beet producers and the only functioning domestic sugar factory. The president of the...
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Premium-quality Hungarian mangalica meat also reaches Hong Kong
On Wednesday, Zsolt Feldman, the State Secretary responsible for agriculture and rural development of the Ministry of Agriculture, received Romeo Alfonso, the director of the owner of Sutherland Ltd. in...
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Agrometeorology: due to the abundant rainfall, the fields are already waterlogged in some places
The long autumn was favorable for autumn sowing, but due to the abundant rainfall, the soil is too muddy for autumn soil work in many places, and in some places...
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Christmas fish may be cheaper this year
According to a survey by Agroinform.hu, 80 percent of families eat fish on Christmas Eve. As a result of more favorable conditions than last year, producers were able to reduce...
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The logistics sector may be facing a critical turning point: the goal is net zero carbon dioxide emissions by 2050
here is a lot of talk about sustainability these days, as the challenges that threaten our planet, such as climate change, sea level rise and the loss of biodiversity, may...
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Lindt to donate £1 to NSPCC with every teddy
For the seventh consecutive year, Lindt & Sprüngli is supporting the NSPCC to raise vital funds for Childline. For the seventh consecutive year, Lindt & Sprüngli is supporting the NSPCC...
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Monoprix To Open First Store In Belgium
French convenience store chain Monoprix is preparing to enter the Belgian market, with a store planned for the centre of Waterloo. According to a report in Belgian daily L’Echo, the...
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Hungarian-Chinese agricultural relations are developing rapidly
Dr. Oszkár Ökrös, Deputy State Secretary for International Relations, received the Deputy Governor of the Chinese Jiangsu Province at the Ministry of Agriculture. During the meeting, the parties discussed current...
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Billa’s online shop grows
Billa’s online range has grown by 50% in the last three years alone – especially in the plant-based, organic and gluten-free segments. The store, which was launched in 1999, offered...
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The agriculture of the future is digital
There is a great need for new ideas, revolutionary methods, and the adaptation of the latest technologies to domestic conditions, which offer a practical solution that can be used here...
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GFM: the government will extend the mandatory promotions until the end of June 2024
In order to further reduce inflation, the government will extend the mandatory campaign until the end of June 2024, the Ministry of Economic Development (GFM) announced on Wednesday. According to...
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We spend more than we originally planned
Although consumer awareness is growing in a high inflation environment, impulses are still decisive in the shopping habits of Central and Eastern European consumers – revealed the Publicis Groupe survey,...
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Several commercial chains will be closed on December 24
Several retail chains, such as PENNY Market Kft., Lidl Hungary, Rossmann and Mountex, will also be closed on December 24, however, in the preceding days, the stores will typically wait...
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K&H: four thousand HUF pocket money is enough for less than three hamburgers
The products included in the children’s inflation basket – including cocoa snails, hamburgers and backpacks – cost a total of more than HUF 39,000 this October, which corresponds to an...
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The MNB provides consumer protection advice for an intimate Christmas
This year, the MNB is creating a financial consumer protection advent calendar for the first time, giving 24 financial advices for 24 days, sharing tips on its social media platforms;...
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Three quarters of companies are affected by turnover this year
Companies operated with restrained recruitment in the recent period due to the volatile economic environment, but the proportion of companies affected by turnover did not decrease compared to last year,...
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A third of SMEs use artificial intelligence in their marketing
At the beginning of the year, when artificial intelligence (AI) became widely available to small and medium-sized businesses, no one expected that the new technology would spread so quickly. According...
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This is why orange juice is becoming more expensive
The prices of agricultural raw materials have fallen significantly since their peak this year, which can be partly attributed to falling gas prices. Fertilizer, the production of which requires gas...
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A producer from Harta promotes domestic honey by adopting a hive
Although the 1.2 million beehives of 20,000 Hungarian beekeepers produce 25,000 tons of honey every year, honey consumption per capita in Hungary is only 1 kg/year. Meanwhile, imported honey-like products are...
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