Market News
A new rule tightens the actions in stores
Date: 2022-05-27 11:31:41
The actions of the stores will be tightened by a new EU and Hungarian law, which will come into force on Saturday, May 28, the Association of Conscious Shoppers said...
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The supply of strawberries is still plentiful
Date: 2022-05-27 11:30:21
The supply of strawberries is still plentiful, and by the end of May, the field harvest will reach consumers in large quantities, according to a summary published on the FruitVeb...
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eNet: 6.2 million people already use smartphones in Hungary
Date: 2022-05-27 11:22:30
In Hungary, 6.2 million people already use smartphones and roughly 6 million people use the Internet on their mobile phones between the ages of 18 and 69, according to the...
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The Hungarian Grain Association is thirty years old
Date: 2022-05-27 11:22:15
The agricultural work in the spring has been completed, and it is reassuring that the sown areas have increased, said Minister of Agriculture Nagy István at the 30th anniversary event...
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GVH: competition issues discussed at at conference in Bratislava
Date: 2022-05-27 11:20:58
The competition situation regarding the market disruption caused by the pandemic and the war in Ukraine was reviewed on Thursday Bak László, Vice-President of the Hungarian Competition Authority (GVH), represented...
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Consumer sentiment in the United States deteriorated in May
Date: 2022-05-27 11:10:48
In the United States, consumer sentiment deteriorated more significantly in May than previously reported. According to the final data from the University of Michigan’s monthly survey released on Friday, the...
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Mario Draghi discussed the grain crisis with the Ukrainian president
Date: 2022-05-27 11:05:40
Italian Prime Minister Mario Draghi spoke to Ukrainian President Volodymyr Zelensky about the possibility of resuming grain shipments accumulated in Ukrainian ports a day after consulting the same with the...
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The Croatian economy grew by 7 percent in the first quarter
Date: 2022-05-27 11:00:27
The performance of the Croatian economy grew by 7 percent in the first quarter compared to the same period last year, the Croatian Statistical Office (DZS) said on Friday, according...
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Beiersdorf opens innovation hub in the United States
Date: 2022-05-27 10:39:45
After Shangahi, skin care company Beiersdorf has opened a second innovation hub in New Jersey, as part of its global R&D strategy. Thanks to new innovation centre, Beiersdorf can gain...
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Agricultural purchase prices have increased enormously
Date: 2022-05-27 10:37:29
In March, the increase in agricultural purchase prices gained momentum, they were 37.4 percent higher than a year earlier, which is 12.5 percentage points more than February’s 24.9 percent. In...
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Denmark’s Dagrofa Group to expand its network
Date: 2022-05-27 10:23:32
Dagrofa Group will invest DKK 450m over the next three years in three of its retail chains, including SPAR Denmark. The development of a new retailer model forms part of...
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Again, SMEs are planning to invest more restrainedly
Date: 2022-05-27 09:15:23
Sorry, this entry is only available in HU....
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Carrefour and Everli roll out services in ten French cities
Date: 2022-05-27 08:11:34
French shoppers can now buy groceries from Carrefour hypermarkets and supermarkets through the Everli online platform in 10 cities. In the Carrefour-Everli partnership, the retailer offers up to 25,000 products...
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Domestic and European vegetables and fruits are not “contaminated”
Date: 2022-05-27 07:15:38
The National Chamber of Agriculture (NAK) and the FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization were shocked to read articles published in several Hungarian press media stating that European and...
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The 1080p Advertising and Media Agency continues to operate under the name People Group
Date: 2022-05-27 06:51:43
The 1080p Solution Agency was founded in 2014 by the HD Group, then headed by Zsolt Urbán, and Dynamo Budapest, which can be connected to Tamás Kádár and Balázs Dévényi,...
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Pink Lady® apple creator dies at age 95
Date: 2022-05-27 06:38:10
The legend behind the the Pink Lady® apple, John Cripps has passed away in Australia where he released his apple formula to the market 30 years ago. Cripps daughter Helen...
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Magazine: Focusing on the comfort and safety of babies
Date: 2022-05-27 06:03:50
NielsenIQ data reveals that volume sales were only up 1.3% in the diaper category in 2021. Gréta Tölgyesi, Essity Hungary Kft.’s senior brand manager: “As for the 7% increase in...
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The winners have received their “Inno d’Or – Innovation of the Year 2022” awards
Date: 2022-05-26 18:12:25
Last year Trade magazin first organised the competition with the goal of rewarding value-creating innovations, which satisfy relevant consumer needs, fit into existing trends or have been inspired by actual...
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Special taxes are coming again
Date: 2022-05-26 15:35:08
Minister of Economic Development Gulyás Gergely and Nagy Márton also gave details of special taxes at the government information on Thursday. Adherence to budgetary plans will require a significant...
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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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