Market News
Innovation willingness isn’t frozen in the chilled dairy snack category
There is good news and bad news for the chilled dairy snack category (chilled milk bars and cottage cheese based desserts): there has been a double-digit decline in volume sales...
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E-commerce trends in 2024
The VÁM 2021 customs duty regulation has been the latest big change to affect domestic e-commerce trends. As a consequence of domestic economic policy, record inflation kicked down the door...
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In the OECD, food inflation slowed down in January
In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual growth of consumer prices slowed to an average of 5.7 percent in January from 6...
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Retail turnover increased in the euro area and the EU
Compared to the previous month, retail sales in the euro area and the European Union increased in January, but decreased year-on-year. The statistical office of the European Union, Eurostat, announced...
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In January, retail sales in Romania increased by 6.6 percent
Based on raw data, retail sales in Romania increased by 6.6 percent year-on-year in January, the National Institute of Statistics (INS) announced on Wednesday. The calendar-adjusted data show a 5.1...
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The National ESG Council was established
The National ESG Council has been established – announced the Ministry of National Economy. It is explained in the announcement: in recent years, there has been a demand on a...
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MOHU is waiting for applications from small shops for the development of the manual return system
Mol MOHU is waiting for applications from small shops and players in the horeca sector for the development of the manual return system – Szilvia Szabó, head of MOHU’s producer...
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Many risks are visible in the economy
According to the current prospects, the annual average annual inflation this year may be 4.2 percent, but many risks must be taken into account. For example, with the forint, which...
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Oettinger acquires non-alcoholic functional beer brand JoyBräu
German beer and soft drink maker Oettinger has acquired protein beer producer JoyBräu. The Hamburg-based start-up, founded in 2016, holds two patents for manufacturing and processing technology used in making...
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A growing turnover is expected in the domestic flower trade
After two more restrained years, Flora Hungaria Kft., which operates the Flora Hungaria Nagybani Virágpiac, is expecting a stronger turnover in the domestic flower trade this year. After Valentine’s Day...
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Hungarian Product Nonprofit Kft. opened 2024 by carrying on with the “HUNGARIAN GIVES YOU MORE” campaign
Hungarian Product Nonprofit Kft. isn’t slowing down in 2024 either: the company started the new year with the continuation of the “HUNGARIAN GIVES YOU MORE” campaign, which had been launched...
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SAP is shaping the future of data-driven business transformation to help customers succeed in the AI era
The new capabilities of SAP Datasphere announced today, including new generative artificial intelligence capabilities, will transform enterprise design through a simplified data environment and intuitive data management. These innovations help...
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Hungarian farmers can always count on the government
Instead of fake problems, spreading administrative burdens and extreme green ideologies, Brussels should protect the competitiveness of European farmers – said Minister of Agriculture István Nagy at the farmers’ forum...
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According to the interests of logistics service providers, the EKR amendment can significantly reduce truck traffic
The fact that rail transportation of semi-trailers has been subsidized since February within the framework of the Energy Efficiency Obligation System (EKR) could result in a reduction of 50,000 trucks...
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All elements of the cultivation system must be reconsidered for successful frost protection
Spring came early again this year, and the unusual February weather will certainly have a serious impact on domestic fruit production. According to the National Chamber of Agrarian Economy, protection against...
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Aldi Rebrands Own-Brand Coffee Range In Portugal
German discount retailer Aldi has rolled out the Barissimo coffee brand in Portugal as part of a rebranding process of its private-label coffee SKUs, including the Moreno and Markus brands....
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Our country’s agricultural foreign trade increased significantly last year
Last year, the value of agricultural exports reached 13.4 billion euros, which means that our country sold 3.5 billion euros more on foreign markets than it imported. Agriculture accounted for 38...
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Unilever invests in production of Liquid IV beverage brand
“Securing supply chain resiliency for Liquid IV is a key factor in continuing to drive growth for the brand” – Unilever. Unilever is investing $80m into a US facility to...
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Quality seed is the basis of successful crop production
Quality seed – quality crop. The National Chamber of Agriculture and the Inter-Trade Association and Product Council of the Seed Association draw attention to the importance of using metal-sealed seeds....
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Women are prioritising health and embracing holistic solutions to take charge of their wellbeing: Euromonitor International
Women are prioritising their health and embracing holistic, long-term solutions and trends to take charge of their wellbeing in the run up to International Women’s Day 2024, according to research...
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Modern Plant Based Foods taps into caviar craze
The plant-based Vegan Caviar range of Canadian company Modern Plant Based Foods wants to fill a gap in the market with an affordable option. This article is available for reading...
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That’s how much student workers are paid these days, it’s worth employing them
The 2024 publication of the Tudatos Diák Wage Survey paints a uniquely detailed picture of students’ wages, working conditions and career opportunities, highlighting aspects that have so far received little...
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Agrometeorology: the risk of frost will only temporarily disappear
In the warmer-than-average weather, the vegetation is 3-4 weeks more developed than usual, but frosts can still be expected in the coming weeks, which primarily endanger the fruit crop, HungaroMet...
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KPMG: Female senior managers adapted surprisingly quickly to the polycrisis
Despite their increased workload, female senior managers are optimistic about company growth, social change, gender equality and their own careers. The majority have adapted to the current polycrisis and are...
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Can the retail and FMCG sectors cope with the salary competition in 2024?
Randstad’s HR Trend research looks at the economic expectations, recruitment plans and changes in benefits packages of 350 from our partner companies, representing various sizes and backgrounds. This article is...
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KSH: retail turnover increased by 0.6 percent in January compared to the same period of the previous year, while it did not change compared to the previous month
In January 2024, the volume of retail trade turnover increased by 0.6 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data, the...
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NGM: recovery of consumption continues, retail turnover in January 2024 increased by 0.6 percent compared to the same period of the previous year
Based on the data of the Central Statistical Office (KSH), the volume of retail trade increased by 0.6 percent in January 2024 compared to the same period of the previous...
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K&H: This is how large companies see the state of the economy
According to almost half of the large domestic companies, the economy could be even weaker in one year’s time, according to the latest results of the K&H large company growth...
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Grant Thornton: The number of female managers is on the rise
While the proportion of senior management positions held by women worldwide has increased from 19.4% to 33.5% in two decades, progress has been disappointingly slow – just 1.1% growth from...
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NMHH: The previous growth rate of online shopping has stalled
The previous growth rate of online shopping has stalled – concluded the research of the National Media and Communications Authority (NMHH), the summary of which was provided to MTI on...
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