Market News
Palkovics: The Hungarian economy will perform better
“It is pretty much clear” that the Hungarian economy will be able to overtake, Minister of Innovation and Technology László Palkovics stressed on Tuesday in Győr. The industry, the engine...
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GVH investigates special offers byMedia Markt and Euronics
Media Markt and Euronics’ promotional practices may have misled consumers, and therefore proceedings have been launched against their operators, the Hungarian Competition Authority (GVH) told MTI on Tuesday. According to...
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KSH has created a new online platform supporting SMEs in Hungary
The Central Statistical Office has established the SME Designer to support small and medium-sized enterprises in Hungary, and the aim of the new online interface is to help small and...
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GKI forecasts a slowdown in economic growth
In 2021 the Hungarian economy was moving on a better growth path than the annual budget’s expectation had been. At the same time the balance conditions turned much less favourable...
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(HU) 55 százalékkal nőtt a BÁV-nál a kiváltások aránya, többen fektetnek aranyba
In February, BÁV Pawn Experts experienced an unprecedented recovery in the replacement of pledges. Compared to the same period last year, the number of redemptions increased by 55 percent, as...
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Magazine: The beer market is on the mend, but full recovery will take more time
Sales data from the first 11 months of 2021 forecast that last year brought similar results in the beer market as the pandemic-ridden 2020. Dr Sándor Kántor, director of the...
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The labor market is moving towards flexible working
In Hungary, the labor market is moving towards flexible working, according to a survey of the labor agency Randstad. The results showed that unrealistic salary expectations are the biggest obstacle...
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Mecsekerdő Zrt. draws attention to the responsible collection of wild onions.
The leaves of wild onions can only be collected in unprotected areas, in the amount of up to two kilograms per person per day for own needs – Mecsekerdő Zrt....
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The grain supply in many Middle Eastern countries could be jeopardized by the invasion of Ukraine
The war in Ukraine could lead to a shortage of bread in several Arab countries, including civil war-torn Yemen, where millions are still threatened by famine, the UK-based news portal...
Read moreSlovenia’s GDP grew 8.1 percent last year
Slovenia’s gross domestic product (GDP) grew 8.1 percent last year, the Slovenian statistical office said on Monday, according to its first flash estimate. As a result of measures taken to...
Read moreThe German labor market barometer improved significantly in February
The labor market indicator of the German Employment Research Institute (IAB) rose sharply in February, strengthening its position in the positive range. However, the survey period on which the barometer...
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(HU) Már a Rossmannban is kapható a Covid kimutatására alkalmas gyorsteszt
Sorry, this entry is only available in HU....
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Help today, because tomorrow is too late!
The Chain Bridge Club was founded in 2003 and in 2016 members decided to establish the Chain Bridge Foundation – and together with it the ‘Join us and be the...
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Magazine: Sirha Budapest 2022: Hungary’s biggest celebration of the HoReCa sector
Once again Sirha Budapest will open its gates between 22 and 24 March in 2022, at the HUNGEXPO Budapest Congress and Exhibition Center. The biggest food and HoReCa trade show...
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Companies’ efforts to increase prices did not ease in February either
KI’s economic sentiment index fell in February after a January rise, within the statistical margin of error. According to a survey conducted by GKI Economic Research Co. with the support...
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This is how the Ukrainian-Russian situation affects Hungarian companies
Yesterday, the shares of companies with direct or indirect exposure to Ukraine or Russia took a big hit. The Hungarian stock market also fell sharply, otp, Waberer’s and Masterplast also...
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These economic sanctions will now hit Russia.
Western countries have committed themselves to even more severe economic sanctions against Russia, European Commission President Ursula von der Leyen said late on Saturday, presenting a joint statement by the...
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The government is committed to building on Hungarian agriculture
The government is committed to building on Hungarian agriculture and the economic potential of the countryside, the state secretary of the Ministry of Agriculture responsible for agriculture and rural development...
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The Russian-Ukrainian war will cause severe problems to the vegetable oil market
The outbreak of the Russian-Ukrainian war may also affect the vegetable oil market, as both countries are interested in sunflower seed production, agrarszektor.hu wrote, after Világgazdaság. Although we may not...
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KSH: In January, the number of employees was 4,644,000
The average monthly number of employees aged 15-74 was 4,644,000 in January 2022. In the period from November 2021 to January 2022, the average number of employees was 4,676,000, 75,000...
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Economic sentiment in the euro area improved in February
The euro area economic sentiment index hit a three-month high in February, while consumer sentiment fell to an 11-month low and the manufacturing sentiment index was close to a record,...
Read moreThe Croatian economy grew by 10.4 percent last year
The performance of the Croatian economy grew by a record 10.4 percent year-on-year, the Croatian Statistical Office (DZS) said on Friday, according to its first flash estimate. According to seasonally...
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Russian industrial production growth accelerated in January
Russia’s statistics office said on Friday that industrial production rose 8.6 percent year-on-year in January, following a 6.1 percent increase in December. Industrial production in Russia increased by 5.3 percent...
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The age of mass deep-fake videos is a long way off, but marketing could already be revolutionized by artificial intelligence
From e-commerce to hybrid events to the automotive industry, video content has advanced in all segments, building customer relationships, presenting services, products or strengthening the corporate brand with outstanding results....
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Food supply is continuously provided in Hungary at the usual level
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It’s not just forklifts that need a driver’s license anymore
As the labour market demands of construction, trade and agriculture have increased in recent years, there has been an increase in demand for workers who have the knowledge and certificate...
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Nébih: Fire bans have been imposed in several counties
Due to the rainy weather, from Saturday the authority will impose a fire ban in Nógrád County, Szabolcs-Szatmár-Bereg County and Hajdú-Bihar County, and the previously imposed ban will also be...
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Eggs are much more expensive than last Easter
According to PÁIR data from the Research Institute of Agricultural Economics (AKI), in December 2021 the production price of raw milk was HUF 124.65/kg, 4 percent more than in November...
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The Hungarian countryside receives special resources
The government has set itself the goal of supporting hungarian small producers, primary producers and food producers, Norbert Erdős, State Secretary for Food Chain Supervision at the Ministry of Agriculture...
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