Market News
Mondi invests EUR 280m in corrugated board packaging
Packaging company Mondi plans to invest EUR 280m in corrugated board packaging operations. The goal is to boost production and improve efficiency, as Mondi will invest EUR 185m in its...
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According to a survey, Hungarians would spend at least HUF 6,000 a month on private health insurance
The majority of Hungarians do not have private health insurance, although there is a serious demand for it from the population; Respondents expect the service most quickly and easily, according...
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One third of consumers choose food based on environmental impact, according to a survey
In Hungary, consumers no longer choose food based on prices, 36 percent of them also take environmental impacts into account, according to a representative survey, Danone Magyarország Kft. told MTI...
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Lidl already has more than 700 stores in Italy
Lidl has more than 700 stores in Italy, following the opening of 42 new outlets during its 2021-2022 fiscal year, which ended on 28 February. In March the discounter celebrates...
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Hell: Hungarian milk containing Energy Coffee conquers new markets
Szikszó-based Hell Energy Magyarország Kft. doubled is aluminium can production capacity to 3 billion/year last year. From their new innovations iced coffee Energy Coffee Coconut, which is made with lactose-free...
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Uber: Spanish regulation protecting couriers leads to workforce shortage
Uber Eats says that a Spanish law passed last year – this requires food delivery companies to contract their couriers as staff – has caused a workforce shortage, as many...
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Magazine: Introducing a global minimum tax
Taxing the digital economy and introducing a global minimum corporate tax are on the table both in the Organisation for Economic Co-operation and Development (OECD) and the European Union (EU)....
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Six out of ten Hungarians buy bread every day, according to a survey
Six out of ten Hungarians buy bread every day, and an average household consumes 1.6 kilograms of bread a week, JÓkenyér told MTI on Wednesday. According to the online survey,...
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The situation is getting worse from west to east on the wheat front
Hungary is characterized by a strong duality on the wheat front: while everything is in order in the western part of the country and there are great prospects for the...
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Domestic apricots and peaches yields will be better this year
Yields of most summer fruits are expected to be slightly better than in the last two years, and the good news is that after the shortages of 2020 and 2021...
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K&H: Online credit is spreading
Digital solutions are also becoming more and more popular in lending, the K&H Group already requires more than 50 percent of disbursed personal loans online, and the average amount of...
Read moreAccording to one study, most SMEs do not have a digitization strategy
59 percent of Hungarian small and medium-sized companies do not have an developed IT strategy, and the vast majority of them are not expected to do so, Microsoft informed MTI...
Read moreGerman beer bottles running out
German breweries warn that rising production costs and a shortage of truck drivers could lead to a shortage of beer bottles in the summer, according to the BBC. The situation...
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In April, euro area inflation stagnated at a record high of the previous month
According to the final data, inflation in the euro area was slightly lower than in the previous month in April, remaining at the previous month’s record high of 7.4 percent,...
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(HU) Magyar-kirgiz együttműködés a vetőmagok területén
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(HU) Atmedia kutatások: a tévé növeli a leghatékonyabban a forgalmat
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Beer also tastes great without alcohol
Orsolya Mottl-Molnár, marketing and trade marketing director of Heineken Hungária Breweries Zrt. cited Nielsen data when she told our magazine: both flavoured and unflavoured alcohol-free beer sales increased in 2021....
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According to research, they are the ones who enjoy crisis situations
As part of a comprehensive study, specialists have created a so-called control simulator in the form of a playful psychological test, where they illustrate and analyse the effects of the...
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Coors Light packs: No more plastic ring
Molson Coors has announced that it will stop using plastic rings on six-pack units of Coors Light in every market where it owns brewing companies. This step makes Coors Light...
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Magazine: Slower growth, faster inflation, Eastern closure
On 29 March GKI published its latest forecast, which doesn’t predict the escalation of the war in Ukraine but doesn’t rule it out either. There can be serious disturbances in...
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Understanding the impact of the war in Ukraine on the European plant-based sector
With conflict continuing in Ukraine, food awareness organization ProVeg International surveyed European plant-based firms about the impacts of the crisis on plant-based industry. The report, which surveyed 31 European companies from 14 countries...
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(HU) Kirobbanó, 8,2%-os növekedés az első negyedévben
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(HU) Elemzők: több tényező segítette a gazdasági növekedést az első negyedévben
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KSH: the economy grew by 8.2 percent in the first quarter
According to raw data, Hungary’s gross domestic product (GDP) grew by 8.2 percent in the first quarter, compared to the same period of the previous year, according to both calendar-adjusted...
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Delhaize launches loyalty app in Serbia
After a successful six-month trial period, Delhaize – the retailer has 466 shops in Serbia – has launched the Moj Maxi personalised loyalty application. The app can be used for...
Read moreMKIK GVI: businesses have become more pessimistic
Business confidence fell in April, compared to October last year: the economic index stood at +31 points in the fourth month of the year, compared with +38 in the previous...
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The barbecue season generates billions in traffic
The market for grilled sausages exceeded the turnover of 4.5 billion forints in the period from March last year to February this year, which is a 7 percent increase in...
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About 70 percent of the single applications were submitted by farmers again this year with the help of the NAK
About 70 percent of the single applications were submitted by farmers again this year with the help of the National Chamber of Agriculture (NAK), the organization informed MTI on Tuesday....
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Profession.hu: Since 2020, the average net wage demand of employees has increased by 12 percent annually
Net wage demands of employees in Hungary have increased by an average of 12 percent year-on-year since 2020. Pest County is the first in the regional comparison, jobseekers request the...
Read moreSatellite-based development is underway to mitigate drought damage
The consortium formed by Combit Számítástechnikai Zrt., the University of Óbuda and the Széchenyi István University won 756.55 million HUF in European Union support for the development of a satellite...
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