Market News
Industrial production has decreased in Hungary: the NGM urges the reduction of German dependence
According to the latest data of the Central Statistical Office (KSH), adjusted for calendar effects, industrial production in September 2024 was 5.4 percent below the level of the previous year,...
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NGM: Consumer Protection Council meeting for the protection of consumer rights and the effectiveness of the domestic consumer protection institutional system
The Ministry of National Economy (NGM), which is responsible for consumer protection, organized the second meeting of the Consumer Protection Council of the year, which was attended by a wide...
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Many Hungarian companies are already using AI
In early August Hungarian Product conducted a survey among 260 of its trademark-using partners, to find out to what extent they have introduced AI into their business and production processes...
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Elek Nagy announced the program of the chamber renaissance
The Hungarian Chamber of Commerce and Industry (MKIK) elected Elek Nagy as its new president at its inaugural delegate meeting held on October 30. During the voting, Elek Nagy received...
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In addition to challenges, NIS2 also holds opportunities for Hungarian companies
The new requirements of the NIS2 directive affect many players in the Hungarian corporate ecosystem, as they indirectly affect the suppliers of these sectors in addition to the risky sectors...
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The calls for tenders for irrigation development have been published
Irrigation development is one of the fundamental conditions for strengthening the competitiveness of Hungarian agriculture. Substantial application opportunities for producer investments were available within the framework of the Rural Development...
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The Association of Managers’ Countries and VOSZ signed a cooperation agreement
The National Association of Managers and the National Association of Entrepreneurs and Employers (VOSZ) have concluded a strategic cooperation agreement, the purpose of which is to strengthen cooperation between the...
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MONEY.HU: What can we expect from the planned apartment cafeteria program
As part of the New Economic Policy Action Plan, in order to improve national housing conditions, the Government has again started to work out the tax-reduced housing subsidy introduced by...
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The demand for fertilizers increased significantly
In 2024 VII-IX. 90 percent more fertilizer was delivered to farmers compared to the volume sold in the same period a year earlier. Within the product range, lime-ammonium saltpetre (MAS)...
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Was the “chips tax” a success – how to fight obesity in Hungary?
More and more Hungarians are struggling with being overweight and the situation is getting worse. If we take a look at the figures, we can see that obesity is a growing...
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The new GHG emission values of grain and oil crop cultivation were recognized
In 2023, the European Commission asked the member states to submit newly calculated regional greenhouse gas (GHG) emission values (NUTS2 values) related to the sustainable production of arable crops used...
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Nescafé Fusion enables food service providers to deliver personalized coffee experiences
Nestlé Professional, Nestlé’s business-to-business and out-of-home expert, is expanding its Nescafé Fusion system, a range of coffee machines that offer a wide variety of personalized drink options, from hot or...
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Asda trials self-service returns
Asda is piloting a self-service returns drop box where shoppers can deposit unwanted or faulty products and be automatically refunded. The trial in the supermarket’s Ashton-under-Lyne store in Greater Manchester...
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The expanding transfer price requirements will be followed by an increase in fines this year
Over the past two years, several significant changes have come into effect in Hungarian transfer pricing regulations. As a result of these, linked transactions have come to the fore even...
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The producer price of the young bull rose by 30 percent
According to the AKI’s slaughter statistics data, cattle slaughter in January-September 2024, expressed in live weight, was 8.6 percent below the amount in January-September 2023. Cows, which account for two-thirds...
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One in two German households are struggling with food prices
Rising food prices hit hard more than half of the German population – especially low-income households – in 2023. According to a representative survey by TeamBank, two out of three...
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Agricultural vocational training institutions are constantly renewed
The renewal of agricultural vocational training not only helps education, but also serves to strengthen rural Hungary, which is the backbone of the country, said Dr. Márton Nobilis, State Secretary...
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On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection aspects increasingly replaced technological and food safety standards in the European Union between 2004 and 2010: salt reduction, trans-fats, public...
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BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index (BMI): 47.6. Compared with the previous October values, this year’s value is lower than the long-term average for this month...
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GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as outlined in the Draghi report. Key areas for improvement include promoting innovation, boosting digital transformation, enhancing energy efficiency, reforming the...
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The Hungarian Maltese Charity Service plays a major role in food rescue
The Hungarian Maltese Charity Service plays a major role in food rescue, and out of the six charitable organizations participating in the program, the Maltese have delivered the largest amount...
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Will plastic pollution triple? – the latest compilation of Körkörös.hu
Although plastic pollution is already one of the most pressing environmental challenges of our time, global plastic production is increasing every year, just as the number of plastics entering the...
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Farmers’ organizations hope that consumers will also join the agricultural petition
The farmers’ organizations hope that they will be able to rally not only the farming community, but also the consumers to the online petition launched against the transformation of the...
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The new GHG emission values of grain and oil crop cultivation were recognized
In 2023, the European Commission asked the member states to submit newly calculated regional greenhouse gas (GHG) emission values (NUTS2 values) related to the sustainable production of arable crops used...
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Measuring the out-of-home viewership can mean an increase in ratings and an improvement in quality
In the summer of 2024, the test project of Atmedia, Scores Group, Gemius and G-Meter out of home (OOH), i.e. measuring TV viewership outside the home, was successfully completed –...
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Employers who don’t offer hybrid work may lose two-thirds of talent
Companies that don’t offer hybrid work opportunities may be missing out on top graduate talent, according to new research from the International Workplace Group. The study of more than 1,000...
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Horticultural propagating materials in focus: Nébih control at three locations
Specialists from the National Food Chain Safety Office (Nébih), the county government offices and the NAV conducted inspections of autumn propagating material in the settlements of Győr, Újfehértó and Iregszemcse...
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Zalando and OpenAI deepen cooperation
Zalando is back on track: in the second quarter both sales and profits increased. This article is available for reading in Trade magazin 2024/10 The future may bring greater use...
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Egg prices remain lower than a year ago
According to data from the European Commission, the packing point price of table eggs in the EU was 212 euros/100 kilograms in the first forty-three weeks of 2024, which decreased...
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At peace with nature
The protection of our natural capital, the habitats and species of our planet is a strategic issue, to this end the participants of the 16th Biodiversity Summit (COP16) adopted the...
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