Market News

Wellbeing Association: Workplace “well-being” – natural in the wider world, even less important at home

Nowadays, not only a stable, secure income is one of the main determinants of a good workplace. It is important for more and more employees to feel good in their...

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K&H: the minority of working young people expect a wage increase that exceeds inflation

There are still a majority of young people who are generally dissatisfied with their lives in terms of several factors – for example, work or study, housing situation, financial security...

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K&H: Domestic SMEs cannot exploit inflation

The financial expectations of domestic businesses for the year ahead have fallen significantly, according to the results of K&H’s research among SMEs. The companies expect an average increase in sales...

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Tesco leader: the price cap causes us a loss of 11 billion HUF a year

Zsolt Pálinkás, the CEO of Tesco in Hungary, talked about the shortage of goods, a monthly utility bill of 2 billion, shopping with a scanner gun and home delivery by...

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Survey: Black Friday is a compulsion to buy for many

Compulsion to buy, buying unnecessary products, overspending, shopping addiction, or Black Friday is upon us again. In the period of endless overconsumption, it becomes even more important to highlight good...

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There will be enough Christmas trees this year too – it is worth choosing domestic pine

The harvesting of “Christmas trees” has begun in the domestic pine plantations, the National Chamber of Agriculture (NAK) and the Interprofessional Organization of Hungarian Ornamental Gardeners informed. Contrary to misconceptions,...

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Giving Friday: dm donates 5% of the turnover to charity

At dm, we will change the “Black Friday” shopping day to “Giving Friday” in 2022 as well, and instead of huge discounts, we will offer 5 percent of the total...

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Spreading it thinner

András Benkő, sales and marketing director of Kaiser Food Kft.: “Thanks to having a steady buyer base, liver paté sales are stable. Still, even if COVID didn’t hurt sales, the...

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Meal-Kit Maker HelloFresh Enters Spain

HelloFresh has launched in Spain under the name HelloFresh SE expanding the company’s footprint to 19 markets across the world. Earlier this year, the company launched in Japan and Ireland and rolled...

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Randstad leader: Every tenth company is planning downsizing, many are announcing layoffs

The economic situation is difficult, only 38 percent of the companies plan to increase the number of employees, while 49 percent do not plan to change. At the same time,...

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BAT Invests In Hemp-Based Wellness Products Maker Charlotte’s Web

BAT Group has announced an investment of approximately £48.2 million (€55.2 million) in Charlotte’s Web Holdings, a Colorado-based business that makes wellness products from hemp extracts. Listed on the Toronto...

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Mars Pet Nutrition Tests Bulk Sales Of Pet Food In Collaboration With Carrefour

Mars Petcare subsidiary, Mars Pet Nutrition is offering a select range of pet food products in bulk as it joins Carrefour’s test-and-learn bulk initiative in the Montesson hypermarket, France. As...

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BDO: Significant company succession risks in the domestic SME segment

In the current, unpredictable macro environment, many companies are and may be in a difficult situation, but the risks may be magnified in the case of domestically owned companies that...

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It is worth choosing domestic fish for Christmas

The fishing industry is already in full swing preparing for the Christmas season, nearly 40% of domestic fish production reaches the table at this time. This year too, you will...

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2,000 retail units pulled down the curtain in the first half of 2022

The players in the retail trade have to deal with more and more difficulties, as a result, shops are closing one after another. According to the KSH, in the first...

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Hungarian Confectionery Industry Association: the price of a begli will be around 5,000 HUF this Christmas

The president of the Hungarian Confectionery Industry Association, Balázs Erdélyi, believes that although the “industrial” products have become cheaper than the products available in pastry shops, their quality is much...

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This is the price of carp this Christmas

Pénzcentrum found out what kind of fish season Hungarian customers can prepare for, in what quantity and at what price customers’ favorite fish will be available during the holiday season....

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AM: bread occupies a prominent place in the food industry

In the food industry, more than 3,900 companies produce in 33 branches. Among them, bread has a prominent place, because it is one of the most basic foods – stated...

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Wild meat can be healthier, more ecologically favorable and now even more economical

The Budapest Chamber of Commerce and Industry (BKIK), the Étrend Association of Hungarian Chefs, the Southern Great Plain Gastronomy and Tourism Association and the Miskolc and Térsége Tourism Public Association...

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Hungarian food industry companies presented themselves in Spain

Hungarian food industry companies presented themselves in Spain at the first two targeted business development meetings of the Hungarian Food Business Program of the Agrármarketing Centrum (AMC), AMC told MTI...

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The European Parliament has decided: new rules for sustainability reports

The new directive will standardize companies’ sustainability reporting from 2024, so that financial companies, investors and the wider public can access comparable and reliable information about what organizations are doing...

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The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion factory hall development

The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion investment in its tobacco factory in Sátoraljaújhely by handing over the new tobacco preparation hall and modernizing...

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3 billion HUF per year is allocated to the implementation of the national wine marketing strategy

The government will provide HUF 3 billion per year for the implementation of the soon-to-be-completed national wine marketing strategy – the government commissioner responsible for national wine marketing announced on...

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The beekeeping industry receives more than 42 million euros in support

The Ministry of Agriculture (AM) highly values ​​the work of Hungarian beekeepers, which is reflected in the fact that we intend to support the development of the sector with a...

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Food inflation in Ukraine will soon reach 40 percent, but there is no shortage of products

Apart from a few weeks, in the last ten months, it was not typical that the shelves of the stores were completely empty in Ukraine. People’s wallets were all the...

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Domestic hospitality was not in such a big trouble due to covid – will the tourist rescue operation help?

The sector is under such an all-out fire that people living today have simply never experienced. Now everyone is calculating, but it is clear that the key factor in this...

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This is what will be especially expensive now in Hungarian stores

The price of large household appliances (refrigerators, gas stoves, washing machines) has increased significantly, so those who want to replace them with more modern and energy-efficient ones because of the...

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By the middle of next year, the proportion of non-performing corporate loans may even double

The drastic deterioration of economic conditions will be reflected in the drastic deterioration of corporate loans within a few quarters. According to the estimate of Moore Hungary’s financial consulting business,...

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According to the Romanian Statistical Office, the price of meat products has increased, according to producers, it has decreased

There is no agreement between researchers and manufacturers. In Romania, in the first half of 2022, 16 percent more cold cuts were sold than in the same period last year,...

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Upside Foods gets FDA greenlight for cultivated chicken

Cultivated meat maker Upside Foods received approval from the FDA for its chicken grown from animal cells. This is the first regulatory approval for any cultivated meat in the U.S....

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