Market News
BDO: These are the typical mistakes we make when using the online invoices
In the summer of 2023, the domestic system of the Online Invoice will be 5 years old, which was launched by the National Tax and Customs Administration on July 1,...
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Portuguese winemakers call for urgent action over bottle prices
Wine producers in Portugal are calling for urgent action from the government over the rapidly soaring cost of glass bottles. The National Association of Traders and Exporters of Wines and...
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Romanian milk producers are worried about cheap Hungarian milk
Hungarian milk with a purchase price of less than HUF 150 per liter and a fat content of 4 percent depresses Romanian prices. Local producers can’t really compete with him....
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UK inflation has eased, but food inflation remains high within the overall basket
Annual British inflation slowed significantly but was still above 10 percent in January, particularly due to food prices. According to the report of the British Statistics Office (ONS) on Wednesday,...
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Farmers are being prepared for the new support period on a nationwide basis
With the new Common Agrarian Policy Strategy Plan, the rules for area-based subsidies will change, new forms of support will appear, and the agro-ecology program will also be launched, which...
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K&H: nearly 80,000 children became more financially aware
Again, a lot of students applied for the K&H Take care, ready, money! for this year’s series of financial quiz. A total of more than 8,700 students entered, so a...
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Ipsos: these were the most creative Super Bowl ads in 2023
This year, Ipsos also tested the advertising spots presented during the Super Bowl in real time. Here are the most creative ads: Best Happy CFO: PopCorners Best celeb-spotting: Dunkin’ and...
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Food prices also rose the most in Romania
In January, the annual inflation in Romania decreased by 1.3 percentage points to 15.1 percent from 16.4 percent in December last year, the national statistical institute (INS) announced on Tuesday....
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The supply of Hungarian-grown potatoes has run out
The experts were not wrong when they said earlier that the stock of domestically grown potatoes would run out within the foreseeable future. At the beginning of February, the devastating...
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K&H: Green car financing is now available for businesses with an interest rate of 10 percent
The EU market for electric cars is on the rise, so demand can be said to be strong at the EU level, but financing is a key issue in all...
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Couples plan their finances together
More than half of those living in a relationship, 57 percent, live in a joint bank account with their partner, approximately the same proportion of partners also have a joint...
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Responsibilities of cattle, sheep and goat keepers for uniform applications
In relation to the 2023 application for EU direct and rural development subsidies for cattle, sheep and goat farmers, the Ministry of Agriculture once again draws the attention of livestock...
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Carrefour Italia Seeks To Reduce Food Waste By 50% By 2025
Carrefour Italia has said that it plans to reduce its food waste by 50% by 2025 as part of a broad sustainability strategy that involves customers, local communities and charities....
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Häagen-Dazs Collaborates With Pierre Hermé For Macaron Ice Cream Collection
Ice cream maker Häagen-Dazs has announced that it has teamed up with pastry chef Pierre Hermé to launch a new macaron ice cream range. The Häagen-Dazs X Pierre Hermé 2023...
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Changes in the domestic technical electronics market in 2022
Declining demand by the end of 2022 characterized the domestic technical electronics market. The global consumer electronics market experienced a challenging period in 2022. The final quarter of the year...
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Significant progress is expected in organic farming in Hungary
Compared to the previous year, an increase of about 41,000 hectares, almost 14%, is expected for organic farms, and compared to the year 2021, the number of registered eco-farmers has...
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Zero-alcohol ‘Kylie’ wine sells one bottle every 10 seconds
Kylie Minogue’s latest wine release, an alcohol-free sparkling rosé, showed strong sales in the build-up to Christmas, figures reveal. With this latest achievement pop princess Kylie Minogue has definitely put...
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Every fifth Hungarian is thinking about changing jobs in the hope of a higher salary
Skyrocketing, multi-digit inflation, increased fuel prices, rising utilities as a result of the energy crisis, falling real wages – these are just some of the economic challenges that significantly affect...
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A farm in the county of Bács-Kiskun was once again affected by bird flu
Weeks after the districts were lifted, the National Food Chain Safety Office (Nébih) again confirmed the presence of bird flu in the county of Bács-Kiskun. The animal health authority designated...
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It is now the cheapest grocery chain according to consumers
Two German supermarket chains are in the lead, and the most expensive are Hungarian grocery chains. According to customers, Lidl is the cheapest FMCG chain in Hungary in 2023, the...
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MNB vice-president: it is necessary for the food price competition to start going down
Barnabás Virág, vice president of the Hungarian National Bank (MNB), told Napi.hu that it is good news that the rise in food inflation has stopped. At the same time, according...
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After the end of the price cap, a large increase in food prices is still expected this year
The guests of ATV Start were Katalin Neubauer, Secretary General, Hungarian National Trade Association and András Máhr, Deputy Secretary General, National Association of Agricultural Cooperatives and Producers, and the topic...
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Generation Z spends three times as much on Valentine’s Day as on any other day
Generation Z spends more than three times as much as on an average day. Men born before 1964 typically do not spend money on Valentine’s Day gifts, on the other...
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Is potato milk the new dairy alternative?
Two new brands are aiming to replace cow’s milk with potatoes, creating foods that rival traditional cheeses and dairy products. Vegan cheese has been around for a while. They are...
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The production of food, beverages and tobacco products decreased by 4.8 percent in December 2022
In December 2022, the volume of industrial production exceeded the previous year by 2.0 percent. Adjusted for the working day effect, production rose by 5.7 percent. The significant difference compared...
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2022 was a year of extremes in the global takeover market
In 2022, we experienced a serious upswing in the Hungarian takeover market, and within that also in the field of private equity investments. The uncertain geopolitical situation, the continuously rising...
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KSH: The production of food, beverages and tobacco products increased by 6.6 percent in 2022
In 2022, compared to the previous year, industrial production expanded by 5.8 percent, following the 9.5 percent increase a year earlier. Within this, among the three branches of the national...
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NAVIGATOR Investments Nyrt strengthens with a new Sales and Marketing Director.
From February 2023, Pintyőke Marcell will hold the position of commercial and marketing director of the NAVIGATOR Group. From November 11, Iringó Novák will assume the position of Indotek Group’s...
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They are developing vegan salmon fillets and crab cakes
Two Canadian startups will get government help to further develop the technology needed to produce the next generation of vegan seafood. Toronto-based startup New School Foods has received funding from...
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Sesame allergy: the new regulation does not work
Sesame seed has been added to the official list of allergens in the United States, which means it is subject to specific food allergen regulatory requirements, including explicit ingredient labeling...
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