Market News

GKI: three-quarters of Hungarian companies think war is a threat

The outbreak of the war in Ukraine has a clear negative impact on the business of the vast majority of companies. 26 percent of respondents are very negative, 46 percent...

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Nearly a third of Hungarian companies plan to increase their headcount in the second quarter

In the next quarter, 32 percent of domestic employers predict an expansion in their current workforce, while 19 percent plan to reduce their workforce. Job seekers can expect strong labour...

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István Nagy: the role of forests in Hungarian agriculture is increasing

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(HU) Ütnek a szankciók: az oroszoknál már 8500 Ft egy 52 db-os pelenkacsomag

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(HU) Nébih: tormakészítményt és alma ízű italport hív vissza a forgalmazó

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Password: Consumer’s Trust

In 2022, retailers hope to get back to normal. This year, the focus is on investing a great amount of money in supply chains, as with the pandemic it became...

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AM: it is time to rethink the agricultural targets set in the Green Agreement

The consequences of the Russian-Ukrainian war pose significant food security risks, so both the targets set in the Farmland to Table strategy and the green level of ambition for the...

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KSH: fewer pigs and cattle, but more hens were kept at the end of last year

On December 1 last year, the number of pigs was 4.4 percent lower, the number of cattle was 3.3 percent lower and the number of sheep 6.0 percent waslower than...

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Hungarian grain exports have not stopped yet

Exports of key agricultural products were not halted by the government’s obligation to notify operators from 6 March. Although there are no exact statistics, more than 80 percent of those...

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AM starts the spring seasonal food chain inspection

Following the practice of previous years, Erdős Norbert, Secretary of State for Food Chain Supervision of the Ministry of Agriculture (AM), ordered the spring seasonal inspection of the food chain...

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The technical handover procedure of the new market hall in Pécs has started

The process of the technical handover of the new Pécs market hall has started, the facility is expected to be taken over by the vendors and the buyers from the...

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Arabnews: food crisis threatens Arab countries

Arab countries could face a severe food crisis in the wake of the war in Ukraine as Syrian mercenaries join forces fighting in Eastern Europe, a prominent Lebanese journalist Bária...

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European Commission announces EU crisis package for troubled agricultural sectors

The European Commission has finally heard the request of the Member States and proposed EU crisis management measures. Within this framework, the sectors in the greatest trouble can receive extraordinary...

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What can 2022 bring in consumption habits and in retailer reactions to changing habits?

According to data from GfK, the changes in shopper behaviour primarily affect 5 areas: 1. we manage the pressure on us caused by the virus situation by paying more attention...

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Spring seasonal food chain inspection begins

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Which supermarket chain do Hungarians like the most? That’s what netizens say.

The coronavirus pandemic that broke out in 2020 turned the world upside down: the panic at the beginning of the pandemic put food chains at the forefront, and the extraordinary...

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(HU) 55 forint alatt nem lesz tojás húsvétra?

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The first summit of Hungarian wines begins on March 20

For the first time this year, the Agricultural Marketing Center is organizing an event aimed at promoting Hungarian wines called the Hungarian Wine Summit, the organization told MTI on Thursday....

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Retail companies would also employ refugees

Companies operating in the technical and food retail sectors would also employ refugees from Ukraine, companies in the area told MTI. According to a government decree issued on 7 March,...

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The Conference Board’s U.S. Macroeconomic Composite Index has improved

The economic outlook in the United States improved somewhat in February, according to a composite index calculated by the Conference Board’s Institute for U.S. Economic Research to summarize key macroeconomic...

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French Agriculture Ministry warns of food crisis

French Agriculture and Food Minister Julien Denormandy has warned that the situation in Ukraine could trigger a global food crisis in 2022. Food problems in some countries could start as...

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Confectionery manufacturers would like a strong Easter

There was a pandemic situation at last Easter too, but consumers didn’t really care about it: sales of Easter confectioneries increased by double-digit numbers in comparison with the previous Easter...

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Startups to rethink plastic: the third Startup Plastic Surgery accelerator program is launched

The application for the Startup Plastic Surgery program has been opened, which for the third time provides support to startups offering solutions to the environmental and health challenges caused by...

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Magazine: FMCG: First the pandemic, then the price increase

Some things go, others stay after the pandemic According to NielsenIQ’s Shopper Trends survey, 47 percent of Hungarians’ shopping trips are so-called big shops or restocking shopping trips – before...

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The Takarék Group also assists grain growers with financing and professional materials

The Takarék Group and the National Association of Cereal Growers (GOSZ) have renewed their strategic cooperation to jointly support farmers in adapting to the cost of fertilizer and rising production...

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Eurozone inflation hit another record high in February

The eurozone’s annual inflation rate rose to a new record 5.9 percent in February this year from 5.1 percent in January, the European Union’s statistical office Eurostat said on Thursday....

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OECD: the crisis could take more than 1 percentage point of the global economy’s growth this year

The war in Ukraine could take more than a percentage point of the world’s economic growth this year and drop inflation by two and a percentage point. In its first...

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AM: tillage machine is a combination of common sense and technology

We are living in a period of technological revolution on the regulatory, environmental and market side. From time to time we have to find good solutions for economical production, even...

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AM State Secretary: The area covered with wood is constantly growing in Hungary

The area covered by forests, wood and shrubs is continuously increasing in Hungary, and its share is already 25.4 percent, according to the national forest inventory, the Minister of State...

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