Market News
Sure points in uncertainty
Date: 2022-05-26 15:00:52
Possible responses to changes in the economic environment were discussed at the Business Dinner professional event on May 26th. Nearly 70 people, including several members of the Chain Bridge Club,...
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KSH: almost 4.7 million employees in Hungary
Date: 2022-05-26 11:42:13
In April, the average number of employees aged 15-74 was 4 million 688 thousand, compared to 4 million 684 thousand in the three-month period February-April, 109 thousand more than a...
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KSH’s Population Monitor survey begins
Date: 2022-05-26 11:23:00
The Central Statistical Office’s (KSH) Population Monitor survey on residence and studies begins today; 9,500 people selected to participate have already been notified. The survey, which runs until July 10,...
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Northeast Europe could become the continent’s pantry, according to a study
Date: 2022-05-26 11:20:27
Northeastern Europe could become the continent’s food pantry, as the region is less tolerant of cereals due to climate change, the Corvinus University of Budapest said in a statement to...
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GfK’s German consumer sentiment index improved minimally
Date: 2022-05-26 11:08:39
The German consumer sentiment index of the GfK market research institute improved minimally after falling to a historic low due to the effects of the Russian invasion of Ukraine. The...
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Thus, the increase in energy prices affects the logistics market
Date: 2022-05-26 10:12:02
Rising energy costs are affecting many sectors as large increases in gas and electricity are observed. Logistics is one of the industries where most of the energy is used for...
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Tender resources and fast payback spin the ERP market
Date: 2022-05-26 10:08:00
In recent years, the penetration of enterprise resource planning (ERP) systems in Hungary has significantly expanded, and at the same time, solutions are becoming available to smaller and smaller companies....
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Increasing labor migration, 43% of workers would be willing to resign within a year
Date: 2022-05-26 09:12:51
Four out of ten employees would resign within a year, most of them switching to a higher-paying job, according to an international survey by EY involving more than 1,500 employers...
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Nestlé Health Science to get majority share in protein powder maker Orgain
Date: 2022-05-26 08:39:34
Nestlé Health Science is to buy a majority share in plant-based protein powder maker Orgain. Founder Dr Andrew Abraham and Butterfly Equity will continue to have minority shares in the...
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Magazine: Will this year’s barbecue season go up in smoke?
Date: 2022-05-26 06:54:35
Jens Hillebrand, managing director of Trade Group Europe Kft.: “During the pandemic there was an upturn in the grill product market, but we are pessimistic about this year’s season: growing...
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Analysts: wage outflows have accelerated further
Date: 2022-05-25 11:32:47
Wage growth accelerated in March, and businesses are also trying to retain the workforce with non-regular payments and bonuses. Analysts told MTI that consumption, fueled by rising real wages, will...
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AM: The new national aquaculture strategic plan will be adopted soon
Date: 2022-05-25 11:30:05
The new National Aquaculture Strategic Plan, which aims to develop small-scale fisheries, will be adopted soon, the Deputy Secretary of State of the Ministry of Agriculture said at the 46th....
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Eastern EU Member States are hit hardest by rising food prices
Date: 2022-05-25 11:24:19
The eastern member states of the European Union are hit hardest by rising food prices, the German Federal Statistical Office (Destatis) said in an analysis on Wednesday. According to...
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Profession.hu: three-quarters of those who leave do not plan to return to their original profession
Date: 2022-05-25 11:22:56
There are almost two million dropouts in Hungary, three-quarters of them are sure that they will no longer work in their previous profession, only a quarter of dropouts are planning...
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AM: EU agriculture ministers discuss food security
Date: 2022-05-25 11:18:53
The European Union has a moral and economic duty to increase its agricultural production, but it is essential to rethink the measures that will reduce production, Feldman Zsolt said in...
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The German economy has not yet reached pre-pandemic levels
Date: 2022-05-25 11:10:18
Germany’s gross domestic product (GDP) was 0.9 percent lower in the first quarter of this year than in the fourth quarter before the coronavirus pandemic, the Federal Statistical Office (Destatis)...
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Protection is an investment in the agriculture of the future
Date: 2022-05-25 10:57:22
Hungarian plant breeders have recently received more than HUF 1 billion in funding through the Variety Protection Non-Profit Ltd. The resource makes a major contribution to their breeding-related research and...
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MLSZKSZ: 5 million tons of grain could come from Ukraine via Hungary every year
Date: 2022-05-25 10:52:17
In Hungary, along the border – in Záhony and Fényeslitke – there is already a significant transhipment capacity, which, however, can be used to a very limited extent due to...
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(HU) Élelmiszerinnovációkért dolgozik a MATE és a PENNY
Date: 2022-05-25 10:36:04
Sorry, this entry is only available in HU....
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Contactless shopping in a growing number of Maxima stores
Date: 2022-05-25 10:33:23
In Riga Maxima Latvija makes its Skenē pats! (Scan it Yourself!) contactless shopping service available in all 15 Maxima stores. By using the retailer’s app, shoppers can scan the goods...
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Continente BIO adds more kombucha products
Date: 2022-05-25 10:28:55
Portuguese retailer Continente has added two new SKUs to its kombucha range, in raspberry and coconut flavours. The products belong to the Continente BIO range, they are free from preservatives...
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(HU) Komoly régiós lemaradásban a magyar proptech szegmens
Date: 2022-05-25 10:18:48
Sorry, this entry is only available in HU....
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Coface: Insolvency situation in the region has deteriorated
Date: 2022-05-25 10:03:06
After declining in 2020, the number of corporate insolvencies increased in 2021 in Central and Eastern Europe (CEE), almost reaching pre-epidemic levels in most countries, according to a recent analysis...
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Alternative protein sources present at IFFA 2022, the world’s leading meat trade fair
Date: 2022-05-25 08:55:23
IFFA 2022 took place last week, being historically one of the world’s oldest and leading international meat trade fair, where 860 exhibitors from 44 countries showcased innovations. Around 50,000 visitors from...
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Magazine: We snack more, but we also do it more consciously
Date: 2022-05-25 06:54:38
After the pandemic chocolate and wafer bar sales started to grow again in 2021. Krisztina Nagyidai, Mondelez Hungária Kft.’s brand manager (countlines, Czech Republic, Hungary, Slovakia): “Private label sales dropped,...
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KSH: The average gross earnings were 511,400 HUF in March
Date: 2022-05-24 11:50:16
In March, the average gross earnings of full-time employees were 511,400 HUF, and the average net earnings calculated taking into account the benefits were 352,200 HUF. Gross average earnings were...
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Hungarian melons are becoming significantly more expensive
Date: 2022-05-24 11:40:46
Compared to last year’s price, the price of Hungarian melons may increase by 30-40 percent this year, and its price per kilo is not expected to fall below 170-180 forints...
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The outlook for the canning industry is also deteriorating due to market uncertainties
Date: 2022-05-24 11:28:41
The prospects of the canning industry are significantly worsened by the market uncertainties that have not been experienced for decades, according to a summary published on the website of Fruitveb...
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Drought is still not easing in most parts of the country
Date: 2022-05-24 11:20:24
Due to the uneven distribution of precipitation, the soil in the country is dry in many places, and national, soaking rain still does not come, so the drought will not...
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One-and-a-half-year low in the euro area PMI
Date: 2022-05-24 11:12:40
Growth in the euro area’s economic performance slowed more significantly than expected in May, according to the preliminary value of the Purchasing Managers’ Index of the IHS Markit Economic Research...
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