Market News
Liu brothers returning from Beijing Olympics present winners of first Winter Holy King Talent Program
Young talents of short-track speed skating and figure skating were awarded at the announcement of the results of the first Winter Szent királyi Talent Program, which was established with the...
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Advertising market overview: public space is at least as strong as social media
Public advertising is already competing for consumers’ attention from the same position as social media or the Internet, according to a nationally representative survey by JCDecaux Hungary[1], which examined the...
Read moreFirstFarms Hungary Ltd.’s 8 billion HUF investment has started in Békés County
The foundation stone of the 8 billion HUF investment of FirstFarms Hungary Ltd. was laid in Pusztaföldvár in Békés County on Thursday. The Danish-owned company received almost HUF 2.5 billion...
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Századvég: after two years, the corporate economic activity turned positive again
For both the population and businesses, the sense of economic activity improved: it increased from minus 2.2 to minus 1.9 for the population and from minus 0.1 to plus 0.5...
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OECD: G20 trade growth accelerates in fourth quarter
In the fourth quarter, the seasonally adjusted growth rate of commodity trade in the world’s 20 largest developed and emerging global economic powerhouses accelerated in dollar terms. The high price...
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Magazine: Restructuring affects more sectors
In December 2021 Ipsos did an online survey with 2,545 respondents from Hungary, Austria, Slovakia and the Czech Republic (the respondents were minimum 16 years old). Digital daily life Only...
Read moreAM aims to increase competitiveness and added value by supporting dairy farms
The market demand for milk and dairy products is becoming more and more important, and milk production has a perspective in the coming years as well – said the State...
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Hungarian egg producers are asking for the support of traders
Hungarian egg producers and egg packers are asking distributors and traders to take part in maintaining Hungarian egg production, the Poultry Product Council told MTI on Wednesday. The advocacy urges...
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KSH: earnings continued to grow
In December last year, the gross and net average earnings of full-time employees, excluding benefits, increased by 9.7 percent year-on-year. The average gross earnings were 494,800 HUF, excluding public employees,...
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58 percent of Hungarians pay with their card at the store on a daily basis
58 percent of Hungarian banking customers use their card on a daily basis for in-store payments, and 72 percent of those surveyed pay this way several times a month, Mastercard...
Read moreGfK’s German consumer sentiment index deteriorated in March
Instead of the expected improvement, GfK’s German consumer sentiment index fell to its lowest level since June last year, mainly due to a decline in the measure of personal income....
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Inflation in the euro area was at a record high in January
Euro area inflation accelerated to a record high in January, while core inflation was the lowest in three months. The European Union’s statistical office, Eurostat, announced on Wednesday that consumer...
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Attila Chikán Jr. was re-elected president of BCSDH
The Hungarian Business Council for Sustainable Development (BCSDH) has elected a new leadership for another three-year term. During attila Chikán Jr.’s six-year presidency, 50 new companies joined the organization, so...
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Hungarian pork is offered by hungarian chains
Three Hungarian retail chains, CBA, COOP and REÁL, are also standing up for the domestic pig sector, therefore they will continue to offer fresh pork from Hungarian production in their...
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More and more women are interested in logistics training
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Read moreITM: Food price stop – problems occur rarely when reducing prices
Of the approximately 800 on-site and online inspections, problems were detected in just over sixty times by government officials. Most often, there was a problem with pricing thirty-seven times, with...
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The first month of 2022 brought a great wave of liquidations among Hungarian companies
As in previous years, in January 2022, entrepreneurs decided en masse to close their companies, and in the first month of the year 1762 liquidation procedures were published. It is...
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Feldman: the EU to ban the promotion of red meat and wines is unacceptable
The Secretary of State for Agriculture and Rural Development in the Ministry of Agriculture called the European Commission’s ban on the promotion of red meat and wines unacceptable on Monday....
Read more(HU) Öthavi csúcson az ifo februári német üzleti hangulatindexe
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Record growth in the European organic market for decades
The largest market expansion in Europe in the last decade is shown by the retail sales of organic products. Globally, the European Union has already been the second largest single...
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The Ministry of Agriculture is also protecting Hungarian consumers and pig farmers with increased official action
The Ministry of Agriculture has ordered a national target audit focusing on the quality and traceability of foreign products with immediate effect. The aim of the action is to protect...
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U.S. economic growth accelerated in February
Private sector growth in the U.S. economy accelerated more than expected in February, according to a survey by London-based financial and economic data provider IHS Markit, whose preliminary data was...
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In Europe, transactions are concentrated in six regions, according to research by KPMG VenturePulse.
In terms of number and value of transactions, 2021 was a record year for venture capital investments. In an increasingly diverse market, there was a great deal of interest in...
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IVSZ: Students of programming courses can find employment quickly and with good salaries
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Stores in the digital world – 2040
In the last decade e-commerce produced a 75-percent, USD 3 trillion growth of global retail sales. Brick-and-mortar stores are likely to turn into places where products are sold as part...
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PLMA: News in brief
The Czech parent company of Kifli.hu, the Rohlik Group is looking for suppliers to expand its private label range in both the first-price and premium segments. ALDI UK wishes to increase the number of...
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PLMA-news: Digital perils and opportunities in retail
Retail chains need cyber security Last year several retail chains were attacked by hackers, for instance Coop Sweden was forced to close 800 stores for days in July, because cash...
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Reckitt to sell E45 skincare brand
In an effort to concentrate on areas promising higher growth, Reckit Benckiser decided to trim its portfolio and sell E45 skincare brand to Karo Pharma for GBP 200 million. pounds....
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Freshly Chopped enters six new markets
Freshly Chopped, Ireland’s healthy fast-food retailer teamed with Fresh Food Fast Company with a view to open 120 new stores in the next five years. Under the agreement, Fresh Food...
Read moreAldi UK rolls out first private label vegan cheese
On occasion of Veganuary, Aldi UK rolled out PL vegan cheddar cheese made with coconut oil. The product pairs well with wine, but can also be used as pizza topping....
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