Market News

A new rule tightens the actions in stores

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

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

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

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

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

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

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

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

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

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

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

Sorry, this entry is only available in HU....

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Carrefour and Everli roll out services in ten French cities

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”

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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?

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

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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