Market News
Eurozone inflation slowed in June
Annual inflation slowed down in the euro area in June, according to the final data published by Eurostat, the statistical office of the European Union, on Wednesday. In June, annual...
Read more
Zewa: Couples don’t fight over the toilet seat
Using a smartphone is the most common activity while using the restroom, where men spend almost twice as much time as women. Toilet usage habits have already caused conflict for...
Read more
Tamás Éder: significant losses have been accumulated by domestic meat industry companies
The Hungarian meat industry has been struggling with significant challenges lately, which was also reflected in the success of the year 2023. Tamás Éder, president of the Hungarian Meat Industry...
Read more
More than 21,000 people are already working in the Summer Student Work Program
For the twelfth time this year, the government has announced the Summer Student Work program, which is popular across the country, with a budget of around HUF 3.8 billion. Due...
Read more
In Italy, after May, the annual inflation was 0.8 percent in June as well
In line with the preliminary estimate, consumer prices in Italy increased by 0.8 percent year-on-year in June, as in May, the Italian statistical office, Istat, announced on Tuesday as final...
Read more
Beef exports decreased by nearly 20 percent
US beef and veal exports in the first five months of 2024 were 4.9 percent lower than in the same period last year. The export of live cattle increased by 5.2...
Read more
Pernod Ricard forms US whiskey subsidiary
North American Distillers will oversee the company’s American whiskey portfolio. Pernod Ricard has set up a whiskey subsidiary in the US, North American Distillers, to “reinforce its commitment and ambition...
Read more
The tobacco harvest has begun
Looking at the average of the past years, almost 700 producers produce 5,000-6,000 tons of tobacco annually on about 2,800 hectares. The sector, together with those working in processing, provides a...
Read more
Croatia’s Studenac Expands To Slovenia With Kea Acqusition
Croatian grocery retailer Studenac is set to enter the Slovenian market through the acquisition of the Kea retail chain. This strategic move marks Studenac’s first foray into international markets, offering...
Read more
UN: ecommerce nowhere as established as in the Netherlands
No country in the world has as many internet users shopping online as the Netherlands, according to a new report by the United Nations Conference on Trade and Development (UNCTAD)....
Read more
The goal of the Hungarian EU presidency is to represent farmer-centered agricultural policy
The goal of the Hungarian EU presidency is to represent the farmer-friendly agricultural policy, which affects all citizens of the union, because it is important that safe and quality food...
Read more
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies, while the labor market mood seems to be permanent, and perhaps investments will also return to the level of a...
Read more
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for arrived? Economic activity has been lively throughout the year so far, while consumer demand and labor markets have also found...
Read more
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next year. The K&H large company growth index decreased from -2 points to -4 points in the second quarter, thus it...
Read more
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years was registered in June this year. The number of new company court proceedings exceeded 20,000 again in the first six...
Read more
The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future of the profession, so as the first step of its recruitment program, it welcomes students under the age of 25...
Read more
EPR and DRS pose challenges for the Hungarian wine industry
The newly introduced Extended Producer Responsibility System (EPR) and the Mandatory Redemption System (DRS) represent a significant challenge for Hungarian winemakers, which impose both administrative and budgetary burdens on the...
Read more
A new approach to corporate management is taking over: this is how you can prepare your company for the AI era
The corporate sector is barely past the agile transition, the increasingly widely applied revolutionary technological solutions are already urging another change of approach. According to forecasts, artificial intelligence will increase...
Read more
There was a county where the number of advertised jobs increased by a fifth, while elsewhere the number of advertised jobs decreased by the same amount – Profession.hu quarterly report
With the exception of two counties, the number of applications received for job advertisements increased in the second quarter of 2024 compared to the same period of the previous year....
Read more
MDOSZ: Food safety precautions during the heat wave
The National Association of Hungarian Dietitians (MDOSZ) specifically warns of food safety risks in the summer heat. The extreme temperatures of the heat wave promote the growth of microorganisms, thus...
Read more
Fake producers were screened out by Nébih during the summer seasonal inspection
The employees of the National Food Chain Safety Office (Nébih) also conducted administrative, market and place of production inspections during the target inspection of primary producers in the summer. During the...
Read more
More wheat and barley were produced per hectare in Tolna
More autumn wheat and barley were harvested per hectare in Tolna County than last year, the Tolna County Directorate of the National Chamber of Agrarian Economy told MTI on Tuesday....
Read more
Private brands make record gains in first half of year
Private label products reached new heights in the first half of 2024. According to Circana data provided exclusively to the Private Label Manufacturers Association (PLMA), private label sales reached all-time...
Read more
Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with NaviLens codes to increase accessibility for blind and partially sighted people. The move, which is a first for the UK...
Read more
Albert Heijn Enhances Retail Media Services With New Offerings
AH Retail Media Services, the retail media unit of Albert Heijn, has introduced a host of new offerings, including video advertisements on the ah.nl website and in the ah app....
Read more
Egg exports have increased in the EU and in Hungary as well
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 12.5 percent to 26,000 tons in the first three months of 2024 compared to...
Read more
Sándor Czomba: expanding employment contributes to increasing competitiveness
The goal of the six-month Hungarian presidency of the Council of the European Union is to ensure the increase of European competitiveness by expanding employment, the State Secretary responsible for...
Read more
LG encourages people to post about optimistic moments
LG Electronics (LG) launched a global social media challenge, which encourages users to share on their own channels content that gives rise to optimism and a positive outlook in everyday...
Read more
The harvest of the ear crops in Békés county has been completed
The harvest of the ear crops in the Békés county has been completed, the yield averages of winter wheat and barley were better than last year, although the farmers sowed...
Read more
Fake producers were screened out by Nébih
The employees of the National Food Chain Safety Office (Nébih) also conducted administrative, market and place of production inspections during the target inspection of primary producers in the summer. In...
Read more