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Newsletter

Market News

Beyond the low point: domestic companies increase their headcount again in the second quarter
Date: 2023-03-15 10:08:02

In the second quarter of 2023, 26 percent of domestic employers predict an increase in their current workforce, while 22 percent plan to reduce it. Headcount increases may take place...

INPARK presents industrial properties at the real estate development exhibition in Cannes
Date: 2023-03-15 10:03:16

INPARK will primarily present industrial properties at the Hungary-Budapest stand at MIPIM, one of the most important real estate development exhibitions in the world, which opens on Tuesday and will...

The Continental Tobacco Group supports domestic tobacco cultivation by increasing the purchase price
Date: 2023-03-15 10:00:10

The Continental Tobacco Industry Group is supporting domestic tobacco cultivation by increasing the basic tobacco purchase price, the company group told MTI on Tuesday. According to the announcement, DOFER Dohányfermentáló...

The Continental Tobacco Industry Group is supporting the halting of the decline in domestic tobacco production by increasing the basic tobacco purchase price by 50%
Date: 2023-03-15 09:50:03

DOFER Dohányfermentáló Zrt, a member of the Continental Tobacco Industry Group, implemented a 50 percent increase in the basic purchase price of tobacco to offset the increase in cost levels...

Heineken Gets Final Nod On The Acquisition Of Distell
Date: 2023-03-15 09:43:26

After having issued conditional approval, the South African Competition Tribunal has approved Heineken’s offer to acquire control of Distell Group Holdings Limited, paving the way for the creation of a...

‘Withdrawal button in online stores undesirable’
Date: 2023-03-15 09:36:58

Seventeen European trade organizations have recently published an open letter to the European Union to express their disapproval of a new withdrawal button. This button allows consumers to undo a...

It is recommended for all producers to use agricultural insurance
Date: 2023-03-15 09:30:30

Due to the more extreme weather affecting agriculture, it is worth taking out agricultural insurance to manage risks that complicate production, for which farmers can apply for support in the...

SPAR, EUROSPAR To Invest €65m To Expand Network In Ireland
Date: 2023-03-15 09:01:18

SPAR and EUROSPAR plan to add 60 new stores to their combined network in Ireland by 2025, taking the total number of stores across the country to 525. The project...

Russian Foreign Affairs: The grain agreement was extended by 60 days
Date: 2023-03-15 09:00:31

The grain agreement was extended by sixty days, Russian Deputy Foreign Minister Aleksandr Grusko told the TASZZSZ news agency on Tuesday. The agreement enabling the export of Ukrainian grain to...

No major price reductions are expected in stores
Date: 2023-03-13 13:45:25

In the catering industry, they have already fled bankruptcy before – Pénzcentrum learned from the Association of Hungarian Hotels and Restaurants. According to the Hungarian National Trade Association, the suppliers...

Planned intralogistics processes as a long-term investment
Date: 2023-03-13 13:41:31

While e-commerce volumes were growing steadily until two years ago, the pandemic shutdowns of 2020 and 2021 significantly accelerated the shift to online commerce and changed the world’s shopping habits....

Unchecked, Ukrainian honey arrives at Hungarian extraction plants at dumping prices
Date: 2023-03-13 11:25:43

The turnover of honey produced by domestic producers fell significantly last year, which not only puts beekeepers in a difficult situation, but also makes pollination in agriculture questionable in the...

Consumer demand remained balanced, and Fitch upgraded its global economic growth forecast for this year
Date: 2023-03-13 11:17:10

The international credit rating agency Fitch Ratings has upgraded its forecast for this year’s global economic growth, based on the positive impact of the lifting of Chinese coronavirus restrictions and...

Sugar rose in price the most in Romania, by 63.56 percent
Date: 2023-03-13 10:09:29

In Romania, after a two-month slowdown, the inflation rate rose slightly again in February, reaching 15.5 percent on an annual basis, the National Institute of Statistics (INS) announced on Monday....

Barcelona to tax logistics companies
Date: 2023-03-13 09:34:39

Barcelona’s City Council aims for 40 percent of online purchases to be delivered to pick-up points instead of at home in 2023. To achieve this, Barcelona introduced an annual tax...

Waitrose, Morrisons and Co-op turn down lights to tackle energy costs
Date: 2023-03-13 09:24:16

Waitrose, Morrisons and Co-op have been dimming lights across stores in a bid to cut rising energy costs. According to reporting by the Daily Mail, the UK’s supermarkets alone use...

Nestlé Unveils Oat And Fava Bean Plant-Based Beverage
Date: 2023-03-13 09:19:21

Nestlé has unveiled a new plant-based beverage developed from oats and fava beans, which the company says is a ‘first-to-market’ innovation. The Natural Bliss product is described as boasting a...

Philippe Donnet, CEO of the international Generali Group, received a prestigious award in New York
Date: 2023-03-13 08:47:10

The Foreign Policy Association presented Philippe Donnet, CEO of the international Generali Group, with the award for corporate social responsibility at the 2023 Financial Services Dinner event. The award was...

The MNB would consider it important to supervise Revolut Bank as well
Date: 2023-03-13 08:21:00

In order to protect domestic customers, the MNB urges Revolut Bank to carry out its activities as a domestic subsidiary bank, with headquarters in Hungary and sufficient capital, as an...

GFM: the daily fee for tax-free domestic postings will increase by three times, and the daily fee for foreign postings will increase by almost two times
Date: 2023-03-13 07:46:44

From the point of view of the national economy as a whole, the government attaches great importance to the logistics and road transport sector, which is an important and unavoidable...

A dress made of orange peel will also be presented at the Grow exhibition
Date: 2023-03-10 16:38:47

Clothes made from sustainable materials, such as orange peels, will also be showcased at Amsterdam’s Fashion for Good Museum Grow pop-up exhibition, which will be on display at the Metropolitan...

We pay 80 percent more for eggs than at this time last year
Date: 2023-03-10 11:44:19

In Hungary, we pay 80 percent more for eggs than at this time last year, while in January 2023 the price of eggs in the EU was on average 30%...

Are the big breweries abusing their dominance over the small breweries?
Date: 2023-03-10 11:30:14

The Association of Csíki Sör and Small Breweries responded to the authority’s draft report in a harsh open letter to the Economic Competition Authority, at the same time objecting that,...

Foreign online stores are slowly taking over the domestic market
Date: 2023-03-10 11:18:14

The proportion of exporting Hungarian e-commerce companies is low, if this continues, several webshops may cease to exist. Compared to regional competitors, the Hungarian economy is characterized by a significant...

The price of pork in the neighborhood can skyrocket
Date: 2023-03-10 11:08:31

The price of pork in Slovakia is spectacularly high, and another price increase is expected in April. “Pork meat can become more expensive by 15-18 percent only in March, with...

More apples are sold this year than last year
Date: 2023-03-10 10:58:35

In December, the population consumed 430,000 tons of apples, while in January we already consumed 674,000 tons of apples, i.e. stocks are running out faster and faster – according to...

Strawberries will remain expensive until May
Date: 2023-03-10 10:46:15

For a long time, we considered strawberries as a seasonal fruit, and we were already preparing for the beginning of summer to enjoy the inimitable taste experience that this berry...

The Hungarian Logistics Association and Trenkwalder concluded a cooperation agreement
Date: 2023-03-10 10:16:01

On March 9, the Hungarian Logistics Association (MLE) and Trenkwalder signed an agreement on strategic cooperation at a conference jointly organized by the two parties. The highlight of the event...

Organic 2.0
Date: 2023-03-10 09:51:43

The US Department of Agriculture National Organic Program (NOP) issued the Strengthening Organic Enforcement (SOE) Act in January after publishing the proposed rule two years earlier. The new rules governing...

Delhaize to sell all Belgian stores
Date: 2023-03-10 09:33:29

Belgian supermarket chain Delhaize has announced it wants to sell all its integrated supermarkets in Belgium to independent franchisers. In doing so, the chain aims to become more profitable in...

Oldal

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Beyond the low point: domestic companies increase their headcount again in the second quarter Date: 2023-03-15 10:08:02

INPARK presents industrial properties at the real estate development exhibition in Cannes Date: 2023-03-15 10:03:16

The Continental Tobacco Group supports domestic tobacco cultivation by increasing the purchase price Date: 2023-03-15 10:00:10

The Continental Tobacco Industry Group is supporting the halting of the decline in domestic tobacco production by increasing the basic tobacco purchase price by 50% Date: 2023-03-15 09:50:03

Heineken Gets Final Nod On The Acquisition Of Distell Date: 2023-03-15 09:43:26

‘Withdrawal button in online stores undesirable’ Date: 2023-03-15 09:36:58

It is recommended for all producers to use agricultural insurance Date: 2023-03-15 09:30:30

SPAR, EUROSPAR To Invest €65m To Expand Network In Ireland Date: 2023-03-15 09:01:18

Russian Foreign Affairs: The grain agreement was extended by 60 days Date: 2023-03-15 09:00:31

No major price reductions are expected in stores Date: 2023-03-13 13:45:25

Planned intralogistics processes as a long-term investment Date: 2023-03-13 13:41:31

Unchecked, Ukrainian honey arrives at Hungarian extraction plants at dumping prices Date: 2023-03-13 11:25:43

Consumer demand remained balanced, and Fitch upgraded its global economic growth forecast for this year Date: 2023-03-13 11:17:10

Sugar rose in price the most in Romania, by 63.56 percent Date: 2023-03-13 10:09:29

Barcelona to tax logistics companies Date: 2023-03-13 09:34:39

Waitrose, Morrisons and Co-op turn down lights to tackle energy costs Date: 2023-03-13 09:24:16

Nestlé Unveils Oat And Fava Bean Plant-Based Beverage Date: 2023-03-13 09:19:21

Philippe Donnet, CEO of the international Generali Group, received a prestigious award in New York Date: 2023-03-13 08:47:10

The MNB would consider it important to supervise Revolut Bank as well Date: 2023-03-13 08:21:00

GFM: the daily fee for tax-free domestic postings will increase by three times, and the daily fee for foreign postings will increase by almost two times Date: 2023-03-13 07:46:44

A dress made of orange peel will also be presented at the Grow exhibition Date: 2023-03-10 16:38:47

We pay 80 percent more for eggs than at this time last year Date: 2023-03-10 11:44:19

Are the big breweries abusing their dominance over the small breweries? Date: 2023-03-10 11:30:14

Foreign online stores are slowly taking over the domestic market Date: 2023-03-10 11:18:14

The price of pork in the neighborhood can skyrocket Date: 2023-03-10 11:08:31

More apples are sold this year than last year Date: 2023-03-10 10:58:35

Strawberries will remain expensive until May Date: 2023-03-10 10:46:15

The Hungarian Logistics Association and Trenkwalder concluded a cooperation agreement Date: 2023-03-10 10:16:01

Organic 2.0 Date: 2023-03-10 09:51:43

Delhaize to sell all Belgian stores Date: 2023-03-10 09:33:29