Market News
Analysis: the central bank base rate rose to 13%, the cycle of interest rate hikes is over
Date: 2022-09-27 11:32:25
The central bank base rate rose to 13% more than expected from the previous 11.75%, the Monetary Council also raised the overnight deposit interest rate to 12.50% and the one-day...
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This is how SMEs can save the most on investments and developments
Date: 2022-09-27 10:46:20
Managers of domestic small and medium-sized enterprises (SMEs) are mostly concerned about rising purchase prices, transport costs and higher overhead costs, as well as predicting a drastic increase in their...
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There are already regular consumers of meat substitutes, according to a survey
Date: 2022-09-27 10:40:00
5 percent of those surveyed regularly consume plant-based meat substitutes, almost 30 percent have already tasted such a product, and half of the others would try it – Pápai Hús...
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A meat-free lifestyle is the most popular among young people and people with higher education
Date: 2022-09-27 10:11:34
Almost 30 percent of the Hungarian population has tasted a plant-based, vegan meat substitute product, and 5 percent regularly consume it, according to representative research conducted by Pápai Hús Kft....
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Brussels’ proposals will result in a reduction in European agricultural production
Date: 2022-09-27 09:30:19
The new rules planned to be imposed on the operation of medium-sized animal farms are a difficulty for the livestock sector, and the reduction of pesticide use by half, similar...
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Sorghum can be an important fodder crop of the future
Date: 2022-09-27 07:50:15
Grain sorghum may be suitable as a forage crop to partially replace corn, as it is capable of good yields even in poorer production areas and in years of drought,...
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This is where the social debate is about the KAP’s environmental assessment document
Date: 2022-09-27 07:05:18
Nearly three years of planning work may come to an end at the beginning of October, when the proposals received for the environmental assessment document of the Common Agricultural Policy...
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Financial awareness and environmental protection are the most important for Hungarian consumers
Date: 2022-09-26 10:44:49
According to their own assessment, almost half of the adult Hungarian population (47%) has a more conscious approach to the essential issues of everyday life than the majority of people,...
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More than three hundred and fifty million forints are used to develop the production of environmentally friendly packaging materials at home
Date: 2022-09-26 10:00:59
Debrecen-based Folkem Kft., which deals with finishing operations in the printing industry, is developing the production of environmentally friendly packaging materials with more than HUF three hundred and fifty million...
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Planned Rise in Alcohol Duty Rates to be Cancelled Due to Industry Concerns
Date: 2022-09-26 09:59:17
Planned increases in alcohol duty rates for beer, cider, wine and spirits have been axed, following an announcement by Chancellor Kwasi Kwarteng in the Commons today, 23 September. The move...
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Aldi doubles down on price promise as Brits face rising costs
Date: 2022-09-26 09:47:41
Aldi has pledged to remain the UK’s lowest-priced supermarket to help households meet soaring living costs. The grocer attracted 1.5 million extra customers to its stores over the past 12 weeks as...
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Cleaning products continue to thrive
Date: 2022-09-26 09:39:59
Viktória Müller, Unilever Magyarország Kft.’s brand manager told Trade magazin that demand for disinfectants is now higher than before the pandemic. “The market is now more focused on branded products...
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Raw Material Availability is the Biggest Challenge For Manufacturers
Date: 2022-09-26 09:36:26
Procuring quality raw materials in sufficient quantities is getting increasingly difficult for many companies due to the current geopolitical and ecological crises as well as the pandemic, the Federation of...
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Although the majority of Hungarians shop consciously, they still waste a lot of food
Date: 2022-09-26 09:30:49
According to their own admission, the majority of Hungarians buy consciously and pay attention to the expiry date of food, yet they produce 65 kilograms of food waste every year,...
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There are many less fresh goods among the poisonously expensive fruits
Date: 2022-09-26 09:05:44
Since last year, the prices of vegetables and fruits have risen brutally, so it is very worthwhile to pay attention to the freshness of the products we buy in the...
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Walnuts will be a real luxury item this year
Date: 2022-09-26 08:46:13
The walnut borer flies identified in the fall of 2011 in our country are not idle this year, as in previous years. The harmful effects of these insects have been...
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The farmer training is on a new course
Date: 2022-09-26 08:40:08
DEKRA Akademie’s training provides assistance to those planning agricultural work, starting their own farm and buying land. Over the past two years, nearly 1,200 people have graduated from the golden...
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Czechs are also very sensitive to rising food prices
Date: 2022-09-26 08:20:26
70 percent of Czechs perceive a decrease in the standard of living, and about 50 percent of them experience a sharp deterioration – it was revealed from the national surveys,...
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Plums are the superstar of autumn fruits
Date: 2022-09-26 07:50:20
The European Fresh Team – the power of flavors! program’s autumn workshop, chef József Bernáth presented an exciting plum recipe, but he also revealed the super properties that make the...
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Meteorological Service: the drought has ended, the autumn recharge of the soils continues
Date: 2022-09-26 07:10:30
In the rest of the week, several rains affecting large areas can be expected, thus the autumn recharge of the soils will continue – the National Meteorological Service wrote in...
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GKI’s economic sentiment index hardly changed in September
Date: 2022-09-26 01:55:21
Business and consumer expectations in Hungary deteriorated for the fourth month in a row in August. In the case of consumer expectations, this continued in September, whereas the business confidence...
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Britain to re-introduce tax-free shopping for tourists
Date: 2022-09-24 07:12:43
Britain is set to reintroduce sales tax-free shopping for international tourists to boost the country’s retail sector, says Chancellor Kwasi Kwarteng. A consultation will “gather views on the approach and...
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Ekonoke launches first beer made from fully hydroponic hops
Date: 2022-09-23 11:25:21
Spanish hops manufacturer Ekonoke is growing fully-indoor hops in Madrid in a controlled environment that measures carbon dioxide levels, temperature, lighting, humidity and photosynthesis, allowing up to 52 harvests per...
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According to VOSZ, this is how companies could survive the energy crisis
Date: 2022-09-23 11:22:08
The entrepreneurial community of VOSZ welcomes the recently announced government energy support package, with which energy-intensive manufacturing companies will receive effective help to maintain and continue their activities and energy...
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Hungary’s digital payment index is also above average at the regional level
Date: 2022-09-23 11:00:35
For the second time this year, Mastercard measured our country’s Digital Payment Index, which measures the development of the market in the field of digital payments based on three main...
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Big companies stepped on the brakes again
Date: 2022-09-23 10:46:59
The financial expectations of domestic companies have been on the decline since the end of last year. Sales expectations fell by 3 and profit expectations fell by 3.3 percentage points,...
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It is time to be active again!
Date: 2022-09-23 10:43:27
András Palkó, marketing director of Coca-Cola HBC Magyarország reported to our magazine that sales of sports drinks are growing in both value and volume. “Coca-Cola distributes the Powerade brand, which...
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Sustainability is an expectation in 2022
Date: 2022-09-23 10:31:14
Customers, regulators and investors alike are putting pressure on companies to switch to less polluting and sustainable operations as soon as possible. The word “sustainability” that is thrown around so...
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Dr. Ildikó Fazekas received the Lifetime Achievement Award of the Hungarian Marketing Association
Date: 2022-09-23 10:15:25
Every year, the Hungarian Marketing Association (MMSZ) recognizes and presents the most successful marketing leaders, the best marketing and digital solutions and campaigns of the year, as well as the...
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Recycling an aluminum can costs 95% less energy than producing a new one
Date: 2022-09-23 10:04:52
It can be recycled countless times, it is light, and it perfectly preserves the freshness of the drink filled in it – this is why we love the aluminum can,...
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