Market News

Mihály Varga: The government is working to mitigate the effects of the war

The government is working to protect economic operators and the Hungarian people from the effects of the war in the neighbourhood, Minister of Finance Mihály Varga said on Thursday at...

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The most Hungarian brand

Lately, trademarks have been playing an increasingly important role in the consumer perception of packaged foods and have also started to affect buying decisions more frequently. On the ‘digital shelves’...

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AM: Heves County has a vibrant economic life and development opportunities

Heves County is a forward-looking example by the fact that food processing plants have made more than HUF 22 billion in development needs for the implementation of their complex developments,...

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Here’s the latest Borsodi Szitu: made purely with barley malt

The history of Borsodi Brewery has reached a new chapter. From March this year, the company will renew the recipe for one of Hungary’s favorite beers and brew Borsodi beer...

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NAK: the agricultural economy should be considered a partner in climate protection

It is a common task that the agricultural economy should not be a scapegoat in the fight against climate change, but a sector that all segments of society regard as...

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Agrotax: land prices continue to rise

The price increase on the Hungarian agricultural land market continued in 2021, Agrotax Kft. told MTI on Thursday. The average market price of agricultural land was HUF 1,969 million per...

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Nobody wants to own Sberbank

The National Bank of Hungary (MNB) has made significant efforts in recent days to find a long-term solution, notably the sale of the Hungarian Sberbank, which has not been successful,...

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AM: model park forest planted in Ács

With the plantation of 20,000 native saplings, a new park forest was born in Ács. The afforestation implemented with the support of the Rural Development Programme as part of the...

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The plenary session of the Hungarian-Serbian Joint Economic Committee also reflected on the war

Mr. Szijjártó held his press conference together with Serbian Economy Minister Andjelka Atanaskovic, as the plenary session of the Hungarian-Serbian Joint Economic Committee is taking place in Budapest on Wednesday...

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Analysts: after last year’s surprisingly strong GDP growth outlooks are increasingly uncertain

After the surprisingly good full-year and fourth-quarter performance of the Hungarian economy last year, analysts told MTI that the outlook for this year was increasingly uncertain due to the Russian-Ukrainian...

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KSH: The Hungarian economy grew by more than seven percent in the last quarter of last year

In the fourth quarter of last year, the volume of gross domestic product increased by 7.1 percent, compared to the same period of the previous year. Services contributed by 4.6...

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AM: The Ministry of Agriculture provides 1.5 billion HUF to compensate storm damage

The storm of 30 January 2022 caused significant damages to agriculture, mainly to farmers engaged in sprouted vegetable production. One and a half billion can compensate for storm damage at...

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Eurozone inflation hit another record high in February

The annual inflation rate in the euro area rose to a new record 5.8 percent in February 2022 from 5.1 percent in January, exceeding the 5.4 percent market expectation based...

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We spend as much time in front of the telly as before, but we watch more commercials

In 2021 Hungarians spent 4 hours and 54 minutes in front of the television on average, which was just 1 minute less than in the previous year – reveals the...

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Agricultural Academy Forum on Precision Farming

An agricultural academy forum entitled The Future, or Precision Farming in Practice, was held on Wednesday by the Hungarian University of Agricultural and Life Sciences (MATE) and the Hungarian Agriculture...

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The safety of a company may depend on the preparedness of its employees

Our email account is a much more serious threat than we thought. According to a recent study conducted by HeimdalTM Security in Denmark, almost three-quarters of malicious actions come through...

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A coupon fundraiser is launched to help refugees in Ukraine

From 2 to 18 March, 250 HUF donation coupons are available in Tesco stores to support the Ecumenical Relief Organization’s humanitarian aid program in Ukraine. As a strategic partner, the...

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Live collaborations and clever hashtags can bring success

While the latest figures from January 2022 show that more than 4.6 billion people have social media profiles – nearly 60% of the world’s population – there is growing potential...

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More than half of Hungarian municipalities no longer have pharmacies

Our health depends on access to medical care. But it also depends on the ability of the prescribed prescriptions to be redeemed by the patient. Therefore, GKI Economic Research Zrt....

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Magazine: Customers becoming more and more proficient at skin care

Since the outbreak of the pandemic, more time is spent with at-home skin care, which in turn yielded positive sales results in the face care market. Consumers have grown really...

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KSH: Investments increased by 4.2 percent in 2021

In the fourth quarter of last year, the volume of investments increased by 0.2 percent compared to the same period of the previous year, decreasing by 1.6 percent compared to...

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ITM Secretary of State: More than 42,000 people have already been reached through labor support for businesses

More than 42,000 people have already been reached in the workforce support program, and almost 23 billion HUF in support has been paid for their employment, the state secretary of...

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MLBKT: further growth in February

The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in February was 53.2 points, with respondents reporting more favorable developments 11 months than in the previous month; After a...

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OTP Agrarian: The Russian-Ukrainian war may further increase food prices in Hungary

The Russian-Ukrainian war will not have a direct impact on the Hungarian agricultural and food market, but may indirectly further increase food prices, OTP Agrár experts said in an analysis...

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The performance of the German economy deteriorated less than expected in the fourth quarter

In the fourth quarter of last year, Germany’s gross domestic product fell less than expected on a quarterly basis, according to a report released on Friday by the German Federal...

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The labour market, as seen by the employers’ side, has received the latest results of the Randstad HR Trends Survey

According to the “Randstad HR Trends Survey 2022”, a significant proportion of Hungarian companies have partially or completely recovered from the crisis caused by the pandemic. As a result, the...

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Szijjártó: 300 new jobs will be created in Környe with a 70 billion investment

Becton Dickinson, an American medical technology company, will create 300 new jobs in Környe with a HUF 70 billion investment, Minister of Foreign Affairs and Trade Péter Szijjártó announced on...

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New routes on the Milky Way

On 23 February the Milk Interbranch Organisation and Dairy Board held its tenth annual conference – this time online.   Managing director Zoltán Harcz welcomed the participants and the first...

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