Market News
In the euro zone, core inflation accelerated from 4.8 percent to 5 percent in October
Annual inflation in the Eurozone accelerated to a record level of 10.6 percent in October from 9.9 percent in September, while the consumer price increase in the EU as a...
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Brand building with business awards
Brand building is a long process, where the brand has to prove its credibility again and again, guaranteeing high quality and strengthening customer trust in the brand at the same...
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This is the true cost of phishing attacks for SMEs
The range of threats is constantly evolving and expanding as more and more employees choose to work remotely. In particular, the number of phishing attacks has increased exponentially since the...
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The spa association calls for the expansion of the tourism action plan
The Hungarian Bath Association calls for the expansion of the tourism action plan; the members of the association want, among other things, VAT reductions, wage subsidies and utility subsidies, stressing...
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Aldi Spain’s Arinaga Facility Recycles 90 Tonnes Of Materials
Aldi Spain’s Arinaga logistics facility in Gran Canaria has recycled 90 tonnes of materials since its opening in May 2022, the retailer said. The 26,000 square metre logistics facility is...
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This is how inflation affected the labor market
High inflation has a significant impact on the labor market as well as on all areas of the economy. The consequences may differ from sector to sector and market to...
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Meteorological service: soil recharge is gaining momentum
The recharge of the soils in autumn and winter is gaining momentum, and rainfall can be expected several times by the end of next week, the National Meteorological Service wrote...
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Deliveroo launches ‘Collecteroo’ food bank collection service with Trussell Trust
Deliveroo is launching a service to collect unopened and in-date food items from customers’ homes and deliver them to food banks. The Collecteroo service runs for five days in December...
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Ferrero Invests In New North America Production Facility
Italy’s Ferrero Group is investing $214 million (€206 million) in a new production facility for Kinder Bueno in the US. The investment will add 200 new jobs and 169,000 square...
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AM State Secretary: the Hungarian strategy of the Common Agricultural Policy strives to balance sustainability and competitiveness
In accordance with the interests of producers, the Hungarian strategy of the Common Agricultural Policy (KAP) strives to balance sustainability and competitiveness, said the Secretary of State responsible for agriculture...
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Europol: tens of thousands of tons of counterfeit food were seized across Europe
About 27,000 tons of fake food, including at least 15 million liters of counterfeit or modified quality alcohol, including mainly burnt spirits and wine, were seized in Europe as part...
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Nébih recalled cheese with listeria
Due to Listeria monocytogenes contamination, the French manufacturer recalled the 3-kilogram package of Brie Maubert 33% cheese with an expiration date of 11/30/2022, which was also marketed in Hungary, the...
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More than half of Hungarians have a sweet tooth, this is what sells best in stores
Six out of ten prefer the sweet taste, the second most popular taste is salty, which is the favorite of every fourth Hungarian. This and many other interesting facts came...
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The price of dry pasta rose by 58.6 percent in one year, even Gyermelyi is cheaper in London
In Hungary, price inflation is much stronger than in most countries. According to official data, the price of dry pasta rose by an average of 58.6 percent in a single...
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Robotic technology is also present in domestic e-commerce
Hungary’s largest, high-tech fulfillment center in Üllő, near Budapest, has started its “large-scale” operation. As a recent player in Hungarian e-commerce, Boxy Zrt. opens up a completely new market for...
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Tesco is also participating in the fundraising
This year, Tesco also joined the Advent Fundraising of the Ecumenical Relief Organization. During the campaign, between November 14 and December 24, customers of the supermarket chain can support the...
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The toy market is also strong this Christmas
The strongest period of the toy market begins in mid-November: according to data from REGIO JÁTÉK, this year half of the annual turnover will be realized in the month and...
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Domestic households pay the most attention to reducing energy consumption
Almost two-thirds (64%) of Hungarian families with children in primary school know that there is environmental education in their child’s primary school, and almost everyone, 93 percent of households, use...
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Food prices have also fallen brutally in Germany
While we have a price cap on potatoes and because of this there may even be a product shortage by the beginning of next year, according to the report of...
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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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