Market News
Annual inflation in the Czech Republic rose to 11.1 percent in February
Annual inflation in the Czech Republic rose to 11.1 percent in February from 9.9 percent in January, the Czech Statistical Office announced in Prague on Thursday. Inflation in February was...
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The team is ready!
On 23-24 March the European final of Bocuse d’Or will take place at Hungexpo. Zoltán Hamvas, president of the Hungarian Bocuse d’Or Academy told our magazine that the Hungarian team...
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Intralogistics development completed at BME
At the event of the Hungarian Logistics Association (MLE), Hungary’s newest intralogistics laboratory was presented, which was renewed by the Budapest University of Technology and Economics (BME) with the support...
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AM: decision-making on applications is continuous
In addition to the support policy in force in the 2023-2027 phase of the Common Agricultural Policy, the Minister of State for Agriculture and Rural Development of the Ministry of...
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What is the Green Deal? Only a few companies know it yet, so preparations are still to come.
The European Union Green Deal, adopted in December 2019, is the EU’s ambitious and comprehensive blueprint to become the first climate neutral continent. It will fundamentally transform the European economy...
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Other important tax deadlines, worth complying with
There are three deadlines in March that are also important for micro-enterprises, which is not worth post-delaying, said Dr. Brigitta Mucsi-Szabó, an expert at BDO Hungary Tax Consulting Ltd. In...
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Nearly 400 forints euro: medical aid distributors ask the government to amend the Pharmaceutical Economy Act
The 800,000 Hungarian patients who are entitled to use social security-supported medical aids for the treatment of their permanent or temporary disability need urgent intervention on the part of the...
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Magazine: Optimistic investors in the SME sector
The latest market research of Magyar Bankholding and NMS Hungary focused on the planned and realised investments of SMEs with a minimum sales revenue of HUF 300 million. From the...
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Online Private Label Trade Show
Complementing its in-person trade shows, PLMA is pleased to announce PLMA Global, an online event set for 28-31 March 2022. It will allow manufacturers from around the world to meet...
Read moreKSH: consumer prices rose by 8.3 percent in February
In February, consumer prices were on average 8.3 percent higher than a year earlier. Inflation was last so high in August 2007, the Central Statistical Office (KSH) said on Wednesday....
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The Hungarian Product Nonprofit Ltd. launched its campaign series with the hazai az igazi slogan
The Magyar Termék Nonprofit Kft. launched its campaign series with the slogan “hazai az igazi” slogan to draw the attention of customers to products of reliable Hungarian origin and thus...
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Analysts: the acceleration of inflation in February spread a wide range of products
A wide range of products and services were characterized by the acceleration in price growth in February, according to analysts commenting on the latest data, stressing that the effects of...
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The Strategic Plan of the Hungarian Common Agricultural Policy is public
Hungary was one of the first countries to submit a Common Agricultural Policy (CAP) Strategic Plan to the European Commission. Bilateral negotiations on the final content of the document will...
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AM: the agrarian future is cannot be imagine without robotics
Without the knowledge of modern technology, robotics and precision farming, food production is unthinkable in the future, Szinay Attila, State Secretary for Administration at the Ministry of Agriculture (AM) said...
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Feldman: data-based work is a competitiveness factor in Hungarian agriculture
Data-based work does not have a convenience function, but appears as a factor in competitiveness in Hungarian agriculture, said the State Secretary for Agriculture and Rural Development of the Ministry...
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Pig sector meeting at the Ministry of Agriculture
Sorry, this entry is only available in HU....
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Intensive integrated campaign for real domestic: almost 5,000 products from 210 companies are eligible for trademarks
“The hungarian is the real thing” is the slogan of the 2022 campaign series of the Hungarian Product Nonprofit Ltd. Its aim is to convey the message about controlled, reliable...
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Mihaly Varga: The year will not be easy
The year will not be easy due to uncertainties, but the government is working to ensure that life continues in the safest conditions, Mihály Varga said on Tuesday in Gyenesdiás....
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The MNB widened the interest rate corridor, but did not raise the central bank base rate
The Monetary Council of the Magyar Nemzeti Bank left the central bank base rate unchanged at 3.40 percent at its meeting on Tuesday, but raised the upper end of the...
Read moreThe IfW Institute for Economic Research predicts a decline in world trade turnover
A significant decline in world trade is forecast by a trade indicator published on Monday by the IfW Institute for Economic Research in Kiel, based on updated data from a...
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We are lucky with plant-based products
Companies engaged in the market of alternative protein and plant-based food products have it hard if they want to be a step ahead of consumers. Flexitarians, vegetarians and vegans are...
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The blue-collar labour market has been disrupted.
Wages have increased significantly, emigration has again reached pre-pandemic levels, while increasingly unrealistic demands have appeared among applicants. This poses a serious challenge for employers if they want to acquire...
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(HU) Agrárminisztérium: a természet megóvása és fenntartása közös felelősségünk
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Let Fashion be the Female Leader! Diversity Campaign of the Managers’ Association
The Management Association considers it a priority to raise awareness of the role of female leaders, so on 8 March 2022, for the second time, together with InStyle, it will...
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Magazine: Sales trends of plant-based foods in the European market
The European Union is focusing more and more on making the continent’s food system sustainable. One of the main directions in these efforts is increasing the proportion of plant-based foods...
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Syngenta: by modernizing, the Hungarian sunflower production could significantly expand
Hungarian farmers could harvest a lot more sunflowers on an unchanged production area, so it is worthwhile to modernize production, Syngenta’s analysis told MTI. The seed company justified its expectations...
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AM: Another Hungarian regional pálinka, Homokhát peach pálinka, received EU protection
With the decision of the European Commission of 7 March, the name Homokhát peach pálinka was protected in the EU, increasing the number of EU protected geographical indications to 79...
Read moreRetail sales grew 5.3 percent in January in Romania
According to raw data, the volume of retail sales in Romania increased by 5.3 percent in January, compared to a year before, the Romanian National Statistics Institute said on Friday....
Read moreIn January, inflation in the OECD peaked at a nearly 31-year high
In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual increase in consumer prices was 7.2 percent in January after 6.6 percent in December. The...
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Russia-Ukraine war in March greatly deteriorated investor sentiment in the euro area
Investor sentiment in the eurozone fell much weaker than analysts expected in March, according to a survey by the Sentix Economic Research Institute in Frankfurt, mainly due to the Russian...
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