Market News
Retail sales in the United States increased in October
Retail sales in the United States rose more than expected in eight months, according to the U.S. Department of Commerce’s Statistics Institute in Washington, D.C. in October. Based on Wednesday’s...
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In 15 years, the price of cigarettes in Hungary has doubled
MTI posted a telling graph regarding the consumer price of cigarettes projected over the past 15 years....
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ProVeg says farmers should switch to producing alternative proteins
ProVeg has conducted detailed interviews with 20 international agricultural organisations, which represent 300,000 farmers, mainly in Europe and the USA. The report they prepared concludes that it is possible to...
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Payment discipline drops to the 2015 level in Hungary
In Hungary business partners pay 76% of invoices before their due date. This proportion is about the same as the average of Central and Eastern Europe, but it is 3...
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The country’s largest food collection campaign is here
From Friday to Sunday, the biggest food collection campaign of the year will take place organized by the Magyar Élélmiszerbank Egyesület. The stakes are high, without joint assistance, tens of...
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SAP and Coursera put application development in the hands of business users
The launch of SAP Build was announced as part of the SAP TechEd conference held in Las Vegas, through which even average users can develop applications to automate certain processes...
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What is the key to getting a loan?
When there is an economic recession, the loan requester’s level of preparation and the quality of the loan documentation become more important than at other times. The precise definition of...
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Information for investment applications of the rural development program
In the past few days, the Ministry of Agriculture has informed farmers and businesses that have submitted support applications for Rural Development Program applications but have not yet received support,...
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Climate Concerns Whet Appetite For Veggie Burgers In South Africa
In South Africa, a country where ‘braai’ all-day barbecuing is a national pastime, plant-based substitutes are making surprising inroads despite a deep cultural love of meat and hostility from the...
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There are no economic obstacles to purchasing crops on the domestic grain market
Numerous indications have been received from producers that, contrary to the practice of the previous period, they are not able to sell their products, the economic actors who continue the...
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Konzum Plus Confirms Leadership Position In Crotia
According to the latest data, in 2021 the largest grocery retailer in Croatia was Konzum Plus, with a market share of 20% to 30%, slightly down on 2020. The retailer...
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“123456” — the most common password in Hungary in 2022
Based on NordPass research, the most popular password in Hungary in 2022 is “123456”. While in the case of Hungary this is the same as last year’s most common password,...
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Asahi to launch alcohol-free Super Dry 0.0% beer
Asahi is launching an alcohol-free version of its Super Dry beer. Super Dry 0.0% is billed as having the same “signature crisp, refreshing, super dry taste” of the original drink....
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Inflation will slow next year, but food and energy prices will remain high
The players of the global corporate sector are increasingly pessimistic about the global economic outlook, and the mood is especially gloomy in Europe – according to the fourth quarter global...
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Cofidis Credit Monitor: kitchen money increased by 30,000 HUF , many people won’t even buy a Christmas tree this year
According to the results of the Cofidis Credit Monitor research, the majority of people would need 200,000 HUF per month to comfortably live off their income. Compared to last Christmas,...
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Mihály Varga: industry, retail and services also expanded
The Hungarian economy is resisting the harmful effects of the war and sanctions, as it grew by 4.1 percent in the third quarter and 6.1 percent in the first 9...
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Roland Berger: we need to rethink urban freight transport
Urban logistics, i.e. the transportation of goods within the city and delivery to customers, creates many challenges. As a result of the pandemic, the number of online orders has increased,...
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Climate, water and food security fears appear on the consumer radar
Consumers are more worried about climate change today than ever before. According to new research results from the 2022 Mintel Consulting Sustainability Barometer, the number of global consumers citing climate...
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Recession here or there, St. Martin’s Day was a success across the country
Goose buns and new wine – despite the recession, St. Martin’s Day was a success across the country. The economic crisis also made restaurateurs think, so instead of the main...
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MNB: a quarter of farmers’ loans are protected by the agricultural loan moratorium
A quarter of the loans of agricultural enterprises, sole proprietors, family farmers and primary producers benefit from the safety net of the agricultural loan moratorium announced in August, the Magyar...
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Climate protection pays off for companies, yet according to a survey, they do not do enough for it
Climate protection initiatives bring greater financial benefits to seven out of ten companies than expected, yet the majority of companies do not reduce their emissions to an extent that could...
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K&H: saving money in cash is a dead end
In today’s inflationary environment cash savings are losing their value the fastest. According to data from the Central Bank of Hungary (MNB), Hungarian households have about HUF 7,000bn saved in...
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Merger of the two biggest retail chains in the USA
Kroger Co. and Albertsons Cos. signed a USD 24.6bn deal in mid-October. Under the deal, Cincinnati-based Kroger plans to acquire all outstanding shares of Albertsons for about USD 34.10 per...
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Five good reasons to start mushroom farming
More and more investors are considering mushroom cultivation. Daniel Dajewski, CEO and co-founder of Agro-Projects Group explained: the costs involved in building a modern mushroom farm are arguably greater than...
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Nothing can stop development
28 September was a special day in the history of the Smurfit Kappa Group: they inaugurated the new production line in the Párkány production facility, which was built as part...
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Propagation vegetable cultivation needs continuous development
Continuous improvements are needed in order to strengthen the competitiveness of vegetable cultivation, the Minister of Agriculture stated on Tuesday in Szegvár. István Nagy said at the handover of two...
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K&H: the increase in prices is also clearly visible in children’s shopping baskets
In recent months, the younger age group experienced for themselves what inflation means: in October this year, 12 cocoa snails could be bought with a pocket money of 3,000 HUF,...
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(HU) Mercator minta nélküli, fehér csomagolással ösztönzi a gyerekek kreativitását
Slovenian retailer Mercator has repackaged some of its products popular among children to incorporate plain and more sustainable packaging. The aim of the initiative is to encourage children’s creativity, in...
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Tender for catching up with the poorest settlements
The Hungarian Maltese Charity Foundation has launched a tender to catch up with the country’s 300 poorest settlements. Non-governmental organizations, foundations, public foundations, and churches are invited to apply for...
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Coca-Cola Seeing ‘Encouraging Results’ From Alcoholic Beverages Launches
The Coca-Cola Company has said that it has seen ‘encouraging early results’ from its alcoholic beverage partnerships with Molson Coors and Constellation Brands, on the Simply Spiked Lemonade and Fresca...
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