Market News
K&H: There is a big gap between inflation and the financial expectations of SMEs
After the slight improvement in the previous quarter, businesses are again expecting a smaller increase in sales and profits: an average increase of 8 percent in revenue and 3.3 percent...
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Sustainability efforts can only be achieved through joint action
Sustainability is a horizontal issue, in connection with which all relevant actors must do their best to make effective progress – stressed Dr. Beáta Felkai, Deputy Secretary of State responsible...
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The shine of Michelin stars on the healthy product developed in Hungary
The International Taste Institute in Brussels recognized the Hungarian fiber drink with another Superior Taste Award, i.e. the grand prize for outstanding taste. The domestically developed activated FiberShake, which supports...
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Workplace productivity can drop by as much as 20% in good weather
Colleagues leaving sooner, postponed decisions, delayed projects and halved work force due to vacations. Familiar? It’s all a phenomenon that businesses face during the summer season, and many people accept...
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PepsiCo soon to complete EUR 127m investment project in Cork
According to IDA Ireland, PepsiCo is nearing completion with its EUR 127m investment project at its Little Island factory in Cork county. The initiative will create additional manufacturing capacity and...
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Young people keep the spirits up in the world’s most pessimistic country
Even in a global context, Hungarians see their own financial situation and the fate of the country’s economy the most pessimistically, according to the Hungarian data published for the first...
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Red berries: cooling, refreshing flavors for warm summer days
On this year’s Fruit and Vegetable Day, the focus is on red berries, which include many summer fruits: currants, raspberries, blueberries and blackberries, and their different types. Berries are generally...
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Ahold Delhaize reaches half a billion from ad revenue
Revenues from retail media are helping Ahold Delhaize keep prices low, CEO Frans Muller has revealed. The retailer has is “almost half-way” of its target of one billion euros in...
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Danone boss calls for higher taxes on unhealthy foods to tackle obesity crisis
The boss of Danone is calling on government ministers to introduce higher taxes on products that are high in fat, salt and sugar to help tackle the obesity crisis. According...
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Tender to support the joining of agricultural producers to the quality system
Between March 1, 2023 and August 31, 2023, agricultural producers can again apply for non-refundable support in connection with joining the European Union and national quality systems. Such a notified,...
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Turkey is a key player in dealing with problems caused by Ukrainian grain imports
Turkey is a key player in solving the market difficulties caused by Ukrainian grain imports, therefore our country requests the cooperation of Ankara in order to extend the Black Sea...
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(HU) GKI: A gyorsan emelkedő árakat elsősorban a gazdaságpolitika okozza
Sorry, this entry is only available in HU....
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KSH: Industrial production fell by 8.3 percent in April
In April 2023, the volume of industrial production was 8.3 percent lower than a year earlier; adjusted for the working day effect, production decreased by 5.8 percent – the Central...
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The majority of job seekers miss the salary offered most from the ads – industry overview of current salaries
In addition to employees, companies also need information on current salaries within the industry. This knowledge can significantly contribute to effective workforce management, as well as retaining existing colleagues and...
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The domestic commercial practice is fundamentally changing, the eReceipt is coming
With a single QR code, we can not only receive a receipt, but also request an invoice, present our loyalty card and redeem our coupons. These are just some of...
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Hungarian Tomato Day returns to Mórahalom in June
On 2 June, once again Mórahalom hosts the Hungarian Tomato Day. This article is available for reading in Trade magazin 2023/6-7. At the free trade event experts discuss the most...
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Glósz és Társa: intellectual asset management is becoming more important
Hungarian SMEs are starting to realize the importance of intellectual assets and the benefits of managing them well. This is especially important in the field of research and development, as...
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Kraft Heinz develops customisable sauce dispenser
Kraft Heinz Co. has developed a digital sauce dispenser, which consumers can use to create their own sauce combinations. The freestanding touchscreen-operated device allows users to choose from more than...
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Starbucks names over 3,500 “Greener Stores” globally
Starbucks has certified 3,508 of its eco-friendly Greener Stores worldwide, by this expanding the programme to 20 regions as part of its strategy to speed up progress towards what it...
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Sewage sludge can improve the condition of the soil
Due to poor agricultural practices and climate change, soil is deteriorating at an accelerating rate worldwide, which natural processes cannot offset. Instead of artificial fertilizers, however, the use of sewage...
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New technology supports data-based electronic invoicing
The National Tax and Customs Administration has taken a big step to support the spread of data-based electronic invoicing. The long-awaited invoice visualization tool is ready, with which you can...
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The food industry is a national strategic sector
We managed to put inflation, which had risen high due to the war and sanctions, onto a downward path, and we aimed for a further strong decrease, said Dr. Márton...
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Sándor Czomba: 26-27 thousand students are expected to participate in this year’s Summer Student Work program
This year, the Ministry of Economic Development expects the participation of about 26,000-27,000 students in the Summer Student Work Program, for which the government has provided HUF 3.5 billion in...
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The land sale program continues
As we have already announced, it is possible to bid at the auctions for land with an area of more than 10 hectares between June 22 and July 14, 2023,...
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Ireland to label alcoholic drinks with detailed health warnings
Ireland has passed legislation that will require for alcoholic drinks products to feature comprehensive health warnings. The new legislation, signed into law by health minister Stephen Donnelly on Monday (22...
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Unilever’s Vegetarian Butcher Unveils New Vegan Bacon With Patented Fat Technology
Unilever’s plant-based meat brand The Vegetarian Butcher (TVB) has launched plant-based bacon, “NoBacon 2.0”, which it says features a new patented fat tissue technology that mimics the same texture, oil...
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The period for submitting a single application has been successfully completed
Farmers submitted almost 165,000 uniform applications for the 52 agricultural support titles announced on the basis of the new EU rules, requesting support for approximately 5 million hectares of land,...
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GVH: the court approved the competition authority fine imposed on the distributors of Brightwhite tooth whitening
The Metropolitan Court confirmed last year’s decision of the Economic Competition Authority (GVH), in which it imposed a HUF 22 million fine on two companies in the case of Brighwhite,...
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Trust in supermarkets plunges to nine-year low
Trust in the food industry has plummeted as two thirds of consumers believe supermarkets are “ripping people off” with high convenience store prices, new research by Which? shows. According to...
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A smaller harvest of cherries is also expected due to the spring frost
There are far fewer cherries than average this year, the spring frosts took 40-50% of the crop, and due to the heavy rains of the past few weeks, many ripe...
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