Market News
GKI analysis: Lagging exports, lagging labor productivity
The Visegrad countries are basically export-driven, open economies. This is clearly demonstrated by the fact that even Poland, which has the largest internal market, had exports of 58% of GDP...
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Hungarians are being taken to Romania for shopping by bus
Romanian prices occasionally appear in Hungarian public discourse, but in reality it is not certain that it is more worthwhile to shop in Romania than in Hungarian shops. However, shopping...
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Márton Nagy: can price stops come again?
Could price caps come again? – asked the Minister of National Economy in a Facebook post on Monday. “If necessary, we will intervene immediately in the interests of families!” –...
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The GVH is investigating the fulfillment of eMAG’s business support commitments
The Hungarian Competition Authority (GVH) is investigating whether eMAG is supporting Hungarian businesses in line with its commitment, the GVH told MTI on Monday. The Romanian-based e-commerce company undertook a...
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The National Trade and Consumer Protection Authority urges caution during the Carnival holidays
The National Trade and Consumer Protection Authority (NKFH) is warning against excessive use of masks, wigs and costumes during the carnival season. Last year, 20 of the 37 costumes, masks...
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Nébih’s gift for the week of marriage: A wedding without leftovers
The National Food Chain Safety Office (Nébih) has prepared a special guide for the No Leftovers program for this year’s wedding week. In their publication, No Leftovers Wedding, they summarize...
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Pécs virologists examine UHT milk to predict epidemics
The National Laboratory of Virology (VNL) of the University of Pécs (PTE) has launched research into the examination of ultra-heat-treated milk in order to predict epidemics that spread from animals...
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K&H: perception of government measures in the SME sector is improving
Expectations regarding the government’s business-friendly measures among the managers of domestic small and medium-sized enterprises (SMEs) have improved significantly, by 8 points – according to the research data of the...
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Profession.hu: a diploma is a requirement in fewer and fewer job advertisements
For years, fewer and fewer job advertisements have required a diploma, and in 2023, only 21.5 percent of applicants were expected to have a higher education, according to Profession.hu. The...
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József Szigetvári continues in the PortfoLion team
József Szigetvári will join PortfoLion Capital Partners, a venture and private equity fund manager belonging to the OTP Group, as a Venture Partner from February, where he will support the...
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Valentine’s Day spending is expected to hit a new record this year
Valentine’s Day spending is expected to hit a new record this year – sales are not only expected to substantially increase in the US, but also in Germany. German retailers...
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André Palóc: the minimum wage will increase by more than 40 percent in the coming years
As a result of the wage agreement concluded last year, the minimum wage will increase by 9 percent in 2025, 13 percent in 2026, and 14 percent in 2027, which...
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HelloFresh’s Ready-To-Eat Brand ‘Factor’ Launches In Germany
Meal-kit firm HelloFresh has launched the ready-to-eat (RTE) meal service ‘Factor’ in its home market, Germany. The launch follows the success of the direct-to-consumer brand in the United States, Canada,...
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Billionaire Daniel Kretinsky aims to delist Metro
Daniel Kretinsky plans to take the German wholesale group Metro private. The company’s management supports the Czech businessman, who currently already holds 49.99 % of Metro’s shares. Kretinsky has offered other...
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The future of the food industry is in the hands of young people
Food safety and quality are of paramount importance not only for agriculture, but also for the economy and social well-being – stressed András Tállai, State Secretary for Food Economy and...
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Bonduelle also helped with canned vegetables and sweets
The charitable cooperation between Bonduelle Central Europe Kft. and the Hungarian Food Bank Association reached its twentieth year in 2025. Over the past year, the company contributed HUF 222 million...
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Many small businesses could miss out on the individual exemption if they don’t act on time
The threshold for individual VAT exemption increased to HUF 18 million from January 1, but entrepreneurs must declare by February 28 if they want to take advantage of the opportunity....
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Austria’s exports fell significantly in November
Last November, Austrian exports fell much more than imports due to weak foreign demand. The country’s exports and imports also fell significantly in the first 11 months of the year,...
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What is the value of a diploma in the job market now?
As the deadline for university applications approaches, Profession.hu has once again prepared its analysis of the trends affecting job seekers with higher education in the labor market. Although in certain...
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A Hungarian company can enter the international market with food raw material testing development
Novo-Lab Kft. can enter the international market with its own food raw material testing equipment, after receiving almost 794 million forints in support for the development of the device, the...
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We spend an average of HUF 105,000 per person on domestic travel
60 percent of Hungarians of economically active age have been able to travel domestically or abroad at least once in the past two years, the Aldi Travel platform announced on...
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Aldi Ireland Launches Bespoke DRS Savings Card
Aldi Ireland has announced the introduction of a new Deposit Return Scheme (DRS) savings card, as it expects to hit the target of 200 million bottles and cans returned this...
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PLMA Announces Winners Of International Salute To Excellence Packaging Awards 2025
PLMA has announced the winners of its first International Private Label Packaging Awards at its Packaging Conference, which took place on 30 January in The Hague. Conducted as part of...
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KSH: retail turnover in December exceeded the same period of the previous year by 0.1 percent, falling 1.2 percent from the previous month
The volume of retail trade turnover exceeded the same period of the previous year in December 2024 by 0.4 percent, adjusted for calendar effects, according to raw data, and by...
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In December, the strong consumption of the Hungarian population was realized more abroad than in the turnover of domestic stores
In December, the strong consumption of the Hungarian population was realized abroad rather than in the turnover of domestic stores, the Ministry of National Economy (NGM) told MTI on Thursday,...
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KSH: industrial production decreased by 5.3 percent in December 2024
The volume of industrial production in December 2024 was 5.3 percent lower than a year earlier, or 6.4 percent lower than a year earlier, adjusted for working days. Based on...
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NGM: German economic recession drags down Hungarian industry’s performance
The German economic recession is dragging down the performance of Hungarian industry, the Ministry of National Economy (NGM) told MTI on Thursday, commenting on the latest data from the Central...
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Crisis of businesses or age of empires?
In 2024, only 24 thousand new partnerships were started in Hungary, which is the weakest result in the past eight years. While the entrepreneurial spirit has decreased, more than 6...
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Retail turnover in Romania increased by 8.6 percent in 2024
Romania’s retail trade turnover increased by 8.6 percent in 2024, the National Institute of Statistics (INS) announced on Thursday. Revenue from the distribution of food, beverages and tobacco products exceeded...
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The functionality of the eVAT system is further expanded
The number of users of the eVAT system is constantly increasing and the system is being expanded with more and more functions in order to provide an effective alternative to...
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