Market News
A virtual glimpse into the office and community of Profession.hu
As the most visited job portal in Hungary, Profession.hu is constantly researching the most effective way of publishing job advertisements, both in terms of content and language. The company’s experts...
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Billionaire Daniel Kretinsky makes bid for Casino
Czech nvestor Daniel Kretinsky wants to take control of the struggling French retail group Casino with a capital increase. However, the retailer itself is in talks with Intermarché about a...
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A man has been charged for dumping more than a ton of fish carcasses on farmland
The Berettyóújfalu District Prosecutor’s Office has charged a man with the crime of violating the waste management regulations against a man who dumped the dead fish carcasses in the fishpond...
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People now spend more time on TikTok than any other social app
Meltwater and We Are Social look at social media monthly usage trends worldwide among Android users aged 16 to 64. According to their data presented by the Atlas VPN team,...
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New winners in the tender for the support of small agricultural enterprises
The Ministry of Agriculture has recently decided on another HUF 8 billion subsidy for small agricultural enterprises. With the current decision, we have already awarded more than HUF 80 billion...
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ALDI to install new meat refrigerators
This article is available for reading in Trade magazin 2023/5 ALDI is going to install new meat refrigerators in all of its Hungarian stores. The new modern upright freezers have...
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PET Cup and Diageo continue their CALL-Action programme despite the war
About 3 million tonnes of waste accumulated in Ukraine’s Kárpátalja region, due to a lack of waste management systems. This waste pollutes the river Tisza and its tributaries very much...
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Hungarian National Trade Associationalso made a statement
The Hungarian National Trade Association opines that the mandatory promotions can’t solve the problems. In contrast to price caps, these promotions represent a huge administrative burden for stores and distort...
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Small Retailers Struggle as Mandatory Discounts Benefit Large Supermarkets
As the cost of living continues to increase, consumers are keeping a closer eye on their spending habits, particularly when it comes to food. This has led to a fierce...
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GKI’s economic sentiment index fell in April ater five months of growth
In April, business expectations fell back to their level at the beginning of 2023, and the consumer confidence index also declined slightly. According to a survey conducted by GKI Economic...
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IKEA plans to remove dairy products from stores to meet climate goals
IKEA wants to “remove or replace” dairy products in its stores to reduce its carbon footprint. The Swedish company has recently published its 2022 sustainability report, which studied ways in...
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FruitVeb: there is currently no threat of a drought in the country
There is no threat of drought in the country for the time being, only the soil surface is dry in some areas of the south-eastern part of the country –...
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Balázs Hankó: the results achieved show that Hungarians are innovative
Hungarians are innovative, this is also shown by the results, for example the fact that the number of researchers and developers has doubled since 2010, which is the best result...
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Walmart eliminating single-use bags in more states
Walmart is expanding sustainable choices, helping reduce waste and introducing new circular business models. In celebration of Earth Week, the retail giant detailed some of its customer initiatives to advance...
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Zalando launches AI fashion assistant
Fashion platform Zalando is going to launch a fashion assistant powered by ChatGPT on the website and app. It will start with a beta version, which will be available to...
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Mondelēz Expands CoLab Programme To Focus On Food Technology
Confectionery and snacking giant Mondelēz International has announced that it is now accepting applications for CoLab Tech, an accelerator programme aimed at helping start-up companies address challenges in food technology...
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This year’s border checks have started
The government offices have started the implementation of the 2023 border inspections. Pursuant to the law, the land must be utilized with production appropriate to the branch of cultivation, or...
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Our shared responsibility is to provide farmers with predictable conditions
It is the responsibility of the EU presidency trio starting in July to ensure that European farmers can work predictably and in safe conditions and receive answers to their problems...
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Promotional products must be displayed at the entrance to the shops
As we have previously reported, the government announced that food promotions will be mandatory in larger stores. The list of discounted products must be prominently displayed at the entrances of...
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Randstad Award 2023: Samsung, BT and Mercedes-Benz are the most attractive domestic employers
On April 20, 2023, this year’s domestic winners of the Randstad Award, the world’s most comprehensive employer brand research, were announced at a gala event in the Várkert Bazaar. Samsung...
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Do salaries follow the inflation in the food industry?
In February 2023 Randstad published a study, for which they interviewed the heads of 246 companies about how the different sectors are doing and what the salary trends are. In January...
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István Kapitány became the president of the Managers’ Association for another three years
On April 18, 2023, the Managers’ Association held its annual and renewal general meeting, where István Kapitány, Shell’s global executive vice president, was elected president of the organization for another...
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Despite the import ban, Ukrainian honey makes life miserable for Hungarian beekeepers
The Hungarian government has banned the import of several agricultural products from Ukraine, including honey. While Hungarian beekeepers welcome the decision, they still face challenges because of the influx of...
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The Grain Association opposes the ban on Ukrainian imports
The Hungarian Grain Association, as the representative of grain and oilseed traders and processors, does not support or agree with any market-restrictive measures. It was already confirmed that the export...
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Landscape variety, organic tomato seedlings can conquer again
We hear more and more often about the importance of preserving biodiversity, but perhaps few people know that we ourselves can do a lot to protect and maintain the biological...
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Hungarian strawberry growers expect a promising season
The heated cultivation of strawberries is slowly coming to an end, the domestic strawberry season begins with good flowering and crop prospects in the open field, although the cold weather...
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The domestic rabbit industry relies on tenders
Hungarian rabbit breeders are in a particularly difficult situation as the increase in their costs has led to most of them operating at a break-even or loss-making level in rabbit...
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György Raskó: without Ukrainian corn, there will be a huge shortage of corn on the domestic market
Agricultural economist and farmer György Raskó shared his experiences with the ban on his social media page. “It was exactly a week ago that I called the manager of one...
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Profession.hu: The number of active job seekers increased significantly compared to last year
In the first quarter of 2023, the number of employee applications increased compared to the same period of the previous year, while companies advertised 18 percent fewer jobs. Within the...
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K&H: the satisfaction of young people shows an extremely favorable change
The first quarter of 2023 brought an extremely favorable change: the value of the K&H youth index rose to +14 points from the record low level measured in the last...
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